Gapping down
In reaction to disappointing earnings/guidance: PMTS -38.6%,
ACAT -11.5%,
AEG -10.7%,
AGI -5.9%,
KSS -5.9%,
CVO -5.6%,
NMM -4.2%,
EGO -3.5%,
ONTX -3.4%,
STAA -2.2%,
ALXA -2.1%,
USAT -0.5%
M&A news: YY -5.9% (Group of China investors have ended plans to purchase YY, according to WSJ)
Select Chinese ADRs showing weakness after YY news (see M&A section above) : VNET -5.5%,
KANG -4.4%,
QIHU -3.8%,
DANG -3.8%,
JMEI -2.8%,
MOMO -2%
Select metals/mining stocks trading lower: IAG -3.6%,
EGO -3.5%,
AUY -2.5%,
NEM -1.9%,
RIO -1.2%,
GFI -0.9%,
SLV -0.8%,
.
Other news: LNCO -56.4% (Linn Energy and LinnCo (LNCO) file voluntary petitions for restructuring under Chapter 11 of the Bankruptcy Code ),
LINE -54.7% (Linn Energy and LinnCo (LNCO) file voluntary petitions for restructuring under Chapter 11 of the Bankruptcy Code ),
PARN -13.8% (prices 2.55 mln of its ordinary shares for ~$4.2 mln),
GST -4.8% ( to offer 40 mln common shares in a public offering ),
TERP -4.8% (files to delay Form 10-Q, previews Q1 results),
CLB -3% (upsizes and prices 1,475,000 shares of its common stock for gross proceeds of ~$175 mln),
GST -2.8% (to offer 40 mln common shares in a public offering),
LOXO -2.4% (prices follow-on offering of 1,675,000 shares of common stock at $21.50 per share),
JCP -0.5% (in sympathy with KSS earnings)
Analyst comments: GE -1% (resumed with a Underweight at JP Morgan)