Gapping down
In reaction to disappointing earnings/guidance: KFX -17.7%, RCII -12.6%, VOXX -9.3%, EOPN -4.6%, PSMT -4.3%, FAST -3%, GPS -1.4%, WFC -0.7%.
Other news: MTG -14.3% ( following FHFA request for input on Draft Private Mortgage Insurer Eligibility Requirements for Fannie Mae and Freddie Mac Counterparties), ARTX -11.7% (announced public offering of common stock, size not disclosed), MTL -11.4% (continued weakness), RDN -7.9% (provided comment on propsed GSE requirements for private mortgage insurer elibilitiy; Radian expects ability to comply within the transition period without a need to raise external capital), ISLE -7% (announced management changes: Position of Executive Chairman eliminated; Robert Goldstein named non-executive Chairman; Eric Hausler named CFO), TMST -5.8% (Relational Investors disclosed 2.99% active stake in 13D filing), VRSN -4.8% (awarded remedial action contract for up to $8 mln), GNW -4.7% (related to GSE requirement news), FSC -3.7% (commenced public offering of 13.25 mln shares of its common stock), MCP -2% (still checking), CTT -1.8% (priced its 12.5 mln share offering at $11.75 per share), QCOR -1.6% ( NYTimes report discusses Acthar adverse effects), TTM -1.5% (still checking), WLB -0.9% (prices 1,464,789 shares of common stock at $35.50 per share ).
Analyst comments: FINL -1.8% (downgraded to Neutral from Buy at Sterne Agee), EAT -1.4% (downgraded to Hold at Wunderlich), QCOM -1.2% (removed from Conviction Buy list at Goldman), RIO -1.1% (may be downgrade at liberum- unconfirmed).
In reaction to disappointing earnings/guidance: KFX -17.7%, RCII -12.6%, VOXX -9.3%, EOPN -4.6%, PSMT -4.3%, FAST -3%, GPS -1.4%, WFC -0.7%.
Other news: MTG -14.3% ( following FHFA request for input on Draft Private Mortgage Insurer Eligibility Requirements for Fannie Mae and Freddie Mac Counterparties), ARTX -11.7% (announced public offering of common stock, size not disclosed), MTL -11.4% (continued weakness), RDN -7.9% (provided comment on propsed GSE requirements for private mortgage insurer elibilitiy; Radian expects ability to comply within the transition period without a need to raise external capital), ISLE -7% (announced management changes: Position of Executive Chairman eliminated; Robert Goldstein named non-executive Chairman; Eric Hausler named CFO), TMST -5.8% (Relational Investors disclosed 2.99% active stake in 13D filing), VRSN -4.8% (awarded remedial action contract for up to $8 mln), GNW -4.7% (related to GSE requirement news), FSC -3.7% (commenced public offering of 13.25 mln shares of its common stock), MCP -2% (still checking), CTT -1.8% (priced its 12.5 mln share offering at $11.75 per share), QCOR -1.6% ( NYTimes report discusses Acthar adverse effects), TTM -1.5% (still checking), WLB -0.9% (prices 1,464,789 shares of common stock at $35.50 per share ).
Analyst comments: FINL -1.8% (downgraded to Neutral from Buy at Sterne Agee), EAT -1.4% (downgraded to Hold at Wunderlich), QCOM -1.2% (removed from Conviction Buy list at Goldman), RIO -1.1% (may be downgrade at liberum- unconfirmed).