>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: HNR -10.1%, IIVI -6.4%, BTH -4.8%, BLRX -3.2%, ICPT -3.1%, CCE -1.1%, TA -0.8%.

Select metals/mining stocks trading lower: HMY -1.6%, AEM -1.2%, GFI -1.1%, ABX -0.9%, GDX -0.8%, SLW -0.8%, AUY -0.6%.

Other news: CALI -5.3% (reports services agreement with the Tianjin International Automall has not been renewed; cites competition with recently acquired Airport International Automall), ISBC -3.8% (to commence stock offering), SCMP -2% (announces update on Liquid Formulation Program for AMITIZA).

Analyst comments: VRSN -7.9% (downgraded to Mkt Perform from Outperform at Cowen), SBGI -1.4% (downgraded to Market Perform from Outperform at Wells Fargo), GNC -1.2% (downgraded to Neutral from Outperform at Credit Suisse), GTN -1.1% (downgraded to Market Perform from Outperform at Wells Fargo), NOV -0.5% (downgraded to Neutral from Buy at Goldman), KMR -0.4% (downgraded to Market Perform from Outperform at Wells Fargo).