>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance:

ACIA -16.6%, KBR -10.2%, ZOES -10%, ALDR -8.7%, HPE -8.2%,BGS -6.2%, CECO -5.7%, ACHN -5.7%, ACHC -5.2%, ASPN -5.1%,BNFT -4.8%
GIFI -4.6%, DGI -4.6%, BRFS -4.4%, SPLK -4.2%, PLUG -4.2%, RBS -4%, IMAX -3.7%, NCMI -3.5%, CENX -3.5%, LGND -3.2%, GLPG -3%, NVRO -2.9%
HLF -2.9%, (to form a JV w/ Tasly Holding Group ), EYEG -2.5%,MGA -2.5%, SWN -2.3%, PEB -1.7%, NSU -1.4%, BIDU -1.3%, SPXC -1.2%, SSP -1.1%
RDUS -1%, TWOU -1%, HTGC -1%, TERP -1%

M&A news:

HCLP -9% (acquires Permian Basin Sand, Whitehall facility and remaining interest in augusta facility for a total consideration of $415 million; commences a primary public offering of 20,500,000 common units representing limited partnership interests in the Partnership)

Select EU financial related names showing weakness in sympathy with RBS and Standard Chartered earnings:

Select metal producers trading lower:

Select ACIA peers trading lower in sympathy:

IIVI -3.7%, OCLR -2.9%, FNSR -1.1%, IPHI -0.9%, LITE -0.9%,INFN -0.7%, NPTN -0.5%, .

Other news:

NAO -26.8% (commences public offering of 33,333,333 common share; also intends to grant the underwriters a 30-day option to purchase 5,000,000 additional common shares)
SMCI -5.5% (receives notice that Apple (AAPL) has cut ties with co as supplier, according to The Information article)
WSO -5.1% (United Technologies announces the commencement of an underwritten secondary offering of 4,235,685 shares of common stock of Watsco)
NVDA -3.4% (continued weakness)
PFGC -3.3% (prices 13.5 mln common stock offering by certain of its stockholders, including affiliates of The Blackstone Group (BX), at $23.50/share)
CELG -1.7% (President and COO Jackie Fouse, PH.D. to retire effective June 30, 2017; co has promoted Scott Smith to President and COO)
PAGP -0.9% (upsizes offering by 8 mln shares and prices 42 mln shares of Class A shares for gross proceeds of $1.3 bln)

Analyst comments: