Gapping down
In reaction to disappointing earnings/guidance: RP -23.9%, AMD -17.1%, CPHD -6.9%, ZHNE -3.3%, ROG -3%, BGS -2.7%, BK -1.1%, IBM -1%, VFC -1%, ALV -0.9%, STX -0.8%, SLB -0.6%.
M&A news: ABBV -1.5% (Shire plc and Abbvie (ABBV) announced that they have reached agreement on the terms of a recommended combination of Shire with AbbVie), SHPG.
Select metals/mining stocks trading lower: AU -1.1%, ABX -1.1%, ABX -1.1%, NEM -1%, SLV -0.9%, GLD -0.8%, RIO -0.6%, MT -0.6%.
Other news: NQ -17.7% (engages Marcum Bernstein & Pinchuk as its independent auditor), TGP -4.8% (files mixed securities shelf offering; announces public offering of 2.8 mln common units, which represent limited partner interests), PT -3.7% (pull back following recent strength), FNMA -2.2% (increased yields on risk sharing products, according to reports ), FDX -0.8% (disclosed and confirmed requests for info from DoJ in connection with investigation relating to transportation of packages for online pharmacies), WDC -0.7% (following STX earnings), WAG -0.7% (Pension adviser wants probe of WAG offshore moving meeting talks, according to reports), HPQ -0.4% (announces Meg Whitman, HP president and chief executive officer, has been appointed chairman of the board of directors).
Analyst comments: NUS -3.8% (downgraded to Underperform from Neutral at BofA/Merrill), SQM -1.5% (downgraded to Neutral from Overweight at JP Morgan), MAT -1.4% (downgraded to Hold from Buy at Needham), DNKN -1.1% (downgraded to Neutral from Buy at Janney), ORLY -1.1% (downgraded to Hold from Buy at Stifel), APC -0.8% (downgraded to Mkt Perform from Outperform at Bernstein), AZO -0.6% (downgraded to Hold from Buy at Stifel)
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In reaction to disappointing earnings/guidance: RP -23.9%, AMD -17.1%, CPHD -6.9%, ZHNE -3.3%, ROG -3%, BGS -2.7%, BK -1.1%, IBM -1%, VFC -1%, ALV -0.9%, STX -0.8%, SLB -0.6%.
M&A news: ABBV -1.5% (Shire plc and Abbvie (ABBV) announced that they have reached agreement on the terms of a recommended combination of Shire with AbbVie), SHPG.
Select metals/mining stocks trading lower: AU -1.1%, ABX -1.1%, ABX -1.1%, NEM -1%, SLV -0.9%, GLD -0.8%, RIO -0.6%, MT -0.6%.
Other news: NQ -17.7% (engages Marcum Bernstein & Pinchuk as its independent auditor), TGP -4.8% (files mixed securities shelf offering; announces public offering of 2.8 mln common units, which represent limited partner interests), PT -3.7% (pull back following recent strength), FNMA -2.2% (increased yields on risk sharing products, according to reports ), FDX -0.8% (disclosed and confirmed requests for info from DoJ in connection with investigation relating to transportation of packages for online pharmacies), WDC -0.7% (following STX earnings), WAG -0.7% (Pension adviser wants probe of WAG offshore moving meeting talks, according to reports), HPQ -0.4% (announces Meg Whitman, HP president and chief executive officer, has been appointed chairman of the board of directors).
Analyst comments: NUS -3.8% (downgraded to Underperform from Neutral at BofA/Merrill), SQM -1.5% (downgraded to Neutral from Overweight at JP Morgan), MAT -1.4% (downgraded to Hold from Buy at Needham), DNKN -1.1% (downgraded to Neutral from Buy at Janney), ORLY -1.1% (downgraded to Hold from Buy at Stifel), APC -0.8% (downgraded to Mkt Perform from Outperform at Bernstein), AZO -0.6% (downgraded to Hold from Buy at Stifel)
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