Gapping down
In reaction to disappointing earnings/guidance: CPHD -13.5% (also downgraded to Mkt Perform at Raymond James; target lowered to $47 at Needham), CFX -9.9% (light volume), HAWK -6.1%, HASI -4.4% (also commences a public offering of 5 mln shares of common stock, . initiated with an Outperform at Oppenheimer), VOXX -3.8% (light volume), INTC -2.6% (also upgraded to Buy from Hold at Summit Research), ASML -2.4%, OZRK -1.6% (light volume), JPM -1.4%.
Other news: AG -9.8% (announces that total production at its five operating silver mines in Mexico in Q3 reached 3,558,035 equivalent ounces of silver, relatively unchanged y/y), DOC -4.9% (Physicians Realty Trust reports Q3 investments totaled $297 mln; commenced public offering of 12.5 mln common shares of beneficial interest), NVCR -3.3% (recent IPO; modestly pulling back), BRG -1.6% (announces a public offering of its Series A Cumulative Redeemable Preferred Stock; size and terms not disclosed), RCL -1.3% (still checking), IRWD -1% (reports positive top-line results from a Phase III trial of 72 mcg Linaclotide, to treat chronic idiopathic constipation; study met its primary endpoint), COP -0.6% (amends and restates By-Laws to implement proxy access), AAPL -0.5% (still checking--may be partially attributed to cautious OTR comments), GS -0.3% (Bloomberg details news that Goldman Sachs might sell $2.8 bln in Concordia debt), TM -0.3% (light volume; unveils its new environmental targets it hopes to achieve over the next 35 years).
Analyst comments: GPRO -1.7% (downgraded to Neutral from Overweight at Piper Jaffray), UA -1.3% (downgraded to Neutral at Piper Jaffray), DISCA -1.1% (ticking lower; downgraded to Neutral from Outperform at Macquarie), TWTR -0.9% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities), ORCL -0.8% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities), WLL -0.4% (downgraded to Hold from Buy at Deutsche Bank).