Gapping down In reaction to disappointing earnings/guidance: WPRT -24.8%, ASEI -6.3%, AZZ -5.4%
Select air carriers names showing weakness: UAL -2.8%, HA -1.9%, DAL -1.9%, JBLU -1.7%, AAL -1.6%, LUV -1.5%.
Select metals/mining stocks trading lower: MT -1.5%, CLF -0.8%, BHP -0.7%
Select oil/gas related names showing early weakness: PBR -3.4%, SDRL -2.4%, MRO -1.4%, RDS.A -1.1%, RIG -0.9%, TOT -0.7%, E -0.6%, BP -0.5%
Other news: FNMA -60.2% (following dismissal of lawsuit brought by Perry Capital LLC and Fairholme Funds), FMCC -60.2% (following dismissal of lawsuit brought by Perry Capital LLC and Fairholme Funds), SPEX -17.3% (announces Markman hearing date for VTech and Uniden litigation now set for Nov 10, 2014; originally expected to occur Oct 2, 2014), RGSE -4.1% (announces strategy to exit large commercial business), CYBR -2.7% (cont momentum following recent IPO launch), GPRO -2.1% (cont vol pre-mkt), SYT -2.1% (cont weakness), BUD -1.5% (still checking)
Analyst comments: TUES -3.3% (downgraded to Neutral from Outperform at Credit Suisse), EBAY -2.4% (downgraded to Neutral at JP Morgan, among others), CRK -0.9% (downgraded to Hold at Stifel), JNJ -0.6% (downgraded to Mkt Perform from Outperform at Bernstein)