Gapping down
In reaction to disappointing earnings/guidance: KLAC -5.6%, KMB -5.4%, AMID -4.2%, (announces prelim 2014 financial results in-line with guidance; expects 2014 ADJ EBITDA to be at the low end of Partnership's guidance range of $46-48 million ), ALTR -4.1%, MSCC -3.4%, EGHT -3.4%, ISRG -2.4%, KSU -1.9%, EDR -0.8%, SWKS -0.7%
M&A news: OIBR -4.8% (Oi SA disclosed that shareholders approved the sale by Oi of all of the shares of PT Portugal SGPS S.A. to Altice Portugal S.A.)
Select Brazil related names showing weakness: ITUB -2.8%, CIG -2.8%, GGB -2.5%, GOL -2.1%
Select metals/mining stocks trading lower: MT -5.4%, GFI -2.7%, RIO -2.6%, RIO -2.6%, BHP -2.2%, AU -1.9%, HMY -1.6%, FCX -1.3%, GOLD -0.8%
Select oil/gas related names showing early weakness:RDS.A -1.9%, BP -1.4%, TOT -1%
Other news: CACH -28.1% (weakness attributed to reports of potential bankruptcy filing in the near-term), MCP -20.5% (follow on weakness to potential debt restructuring advice), DWA -13.9% ( to implement a new strategic plan to restructure its core feature animation business ), FXCM -9.4% (cont vol pre-mkt), CPSS -5.8% (disclosed it received a civil investigative subpoena from the Department of Justice), CNET -4.9% (still checking), MACK -4% (disclosed resignation of Chief Scientific Officer Ulrik B. Nielsen), PLAY -3.8% (filed for 6 mln share common stock offering by selling shareholders), OTIC -2.9% (prices 2,550,000 shares of its common stock at a price to the public of $29.25 per share), DRL -2.4% (disclosed that on January 21, 2015 the Board and David E. Hooston agreed that effective January 22, 2015 Mr. Hooston would resume his responsibilities as CFO), CLF -2.2% (in sympathy with peers X and VALE trading lowered after dg at GS)
Analyst comments: VALE -4.9% (downgraded to Neutral from Buy at Goldman), X -1.6% (downgraded to Neutral from Buy at Goldman), JBHT -1% (downgraded to Hold from Buy at Deutsche Bank), XOM -0.6% (downgraded to Underperform from Neutral at Credit Suisse), CVX -0.5% (downgraded to Neutral from Outperform at Credit Suisse)
In reaction to disappointing earnings/guidance: KLAC -5.6%, KMB -5.4%, AMID -4.2%, (announces prelim 2014 financial results in-line with guidance; expects 2014 ADJ EBITDA to be at the low end of Partnership's guidance range of $46-48 million ), ALTR -4.1%, MSCC -3.4%, EGHT -3.4%, ISRG -2.4%, KSU -1.9%, EDR -0.8%, SWKS -0.7%
M&A news: OIBR -4.8% (Oi SA disclosed that shareholders approved the sale by Oi of all of the shares of PT Portugal SGPS S.A. to Altice Portugal S.A.)
Select Brazil related names showing weakness: ITUB -2.8%, CIG -2.8%, GGB -2.5%, GOL -2.1%
Select metals/mining stocks trading lower: MT -5.4%, GFI -2.7%, RIO -2.6%, RIO -2.6%, BHP -2.2%, AU -1.9%, HMY -1.6%, FCX -1.3%, GOLD -0.8%
Select oil/gas related names showing early weakness:RDS.A -1.9%, BP -1.4%, TOT -1%
Other news: CACH -28.1% (weakness attributed to reports of potential bankruptcy filing in the near-term), MCP -20.5% (follow on weakness to potential debt restructuring advice), DWA -13.9% ( to implement a new strategic plan to restructure its core feature animation business ), FXCM -9.4% (cont vol pre-mkt), CPSS -5.8% (disclosed it received a civil investigative subpoena from the Department of Justice), CNET -4.9% (still checking), MACK -4% (disclosed resignation of Chief Scientific Officer Ulrik B. Nielsen), PLAY -3.8% (filed for 6 mln share common stock offering by selling shareholders), OTIC -2.9% (prices 2,550,000 shares of its common stock at a price to the public of $29.25 per share), DRL -2.4% (disclosed that on January 21, 2015 the Board and David E. Hooston agreed that effective January 22, 2015 Mr. Hooston would resume his responsibilities as CFO), CLF -2.2% (in sympathy with peers X and VALE trading lowered after dg at GS)
Analyst comments: VALE -4.9% (downgraded to Neutral from Buy at Goldman), X -1.6% (downgraded to Neutral from Buy at Goldman), JBHT -1% (downgraded to Hold from Buy at Deutsche Bank), XOM -0.6% (downgraded to Underperform from Neutral at Credit Suisse), CVX -0.5% (downgraded to Neutral from Outperform at Credit Suisse)