Gapping down
In reaction to disappointing earnings/guidance/SSS: IMPV -35.3% (also downgraded to Perform from Outperform at Oppenheimer), SIGM -7.3% (also names Elias Nader Chief Financial Officer), BBBY -5.6%, APOG -5.6%, FDO -4.4%, CRS -2.2%, (light volume), PSMT -1.9%, CVX -1.5%, (issues interim update for Q1: earnings expected to be lower than prior quarter (2013 Q4 EPS was $2.57; current Q1 Capital IQ Consensus Estimate is $2.78).
Select financial related names showing weakness: NBG -3.5%, BBVA -2.3%, IRE -2.1%, SAN -1.3%, DB -1.1%, ING -1% .
IMPV peers trading lower: FEYE -3.7%, PANW -2.2%, FTNT -1.3%, QLYS -1.1%, CHKP -0.8%, SYMC -0.7%, CTXS -0.4%.
A few auto related names are trading lower with ongoing recall concerns: TM -2.4%, HMC -1.2%, ALV -1%
CVX peers modestly lower: TOT -0.7%, SDRL -0.6%, STO -0.5% (downgraded to Underperform from Neutral at Exane BNP Paribas)
Telecom names modestly lower: TLK -2.1%, ERIC -1.3%, VOD -1.3% (Piramal Enterprises agrees to sell equity stake in Vodafone India), TEF -0.6%, VZ -0.5%
Other news: TEU -7.6% (announces commencement of public offering of common shares and warrants), NVDA -6.1% (still checking), AVEO -4.6% (AVEO Pharma and Biodesix partner to co-develop and commercialize ficlatuzumab with a companion diagnostic for treatment of NSCLC), TAC -2.5% (announced $125 million secondary offering of 10,950,000 common shares), NMFC -1.2% (commences offering of 3,500,000 shares of common stock), SI -1.2% (still checking), TLMR -1.1% (announces agreement to sell its 11 branch offices in Wisconin to subsidiary of Wintrust Financial), .
Analyst comments: COG -0.6% (downgraded to Hold from Buy at Stifel)
Select financial related names showing weakness: NBG -3.5%, BBVA -2.3%, IRE -2.1%, SAN -1.3%, DB -1.1%, ING -1% .
IMPV peers trading lower: FEYE -3.7%, PANW -2.2%, FTNT -1.3%, QLYS -1.1%, CHKP -0.8%, SYMC -0.7%, CTXS -0.4%.
A few auto related names are trading lower with ongoing recall concerns: TM -2.4%, HMC -1.2%, ALV -1%
CVX peers modestly lower: TOT -0.7%, SDRL -0.6%, STO -0.5% (downgraded to Underperform from Neutral at Exane BNP Paribas)
Telecom names modestly lower: TLK -2.1%, ERIC -1.3%, VOD -1.3% (Piramal Enterprises agrees to sell equity stake in Vodafone India), TEF -0.6%, VZ -0.5%
Other news: TEU -7.6% (announces commencement of public offering of common shares and warrants), NVDA -6.1% (still checking), AVEO -4.6% (AVEO Pharma and Biodesix partner to co-develop and commercialize ficlatuzumab with a companion diagnostic for treatment of NSCLC), TAC -2.5% (announced $125 million secondary offering of 10,950,000 common shares), NMFC -1.2% (commences offering of 3,500,000 shares of common stock), SI -1.2% (still checking), TLMR -1.1% (announces agreement to sell its 11 branch offices in Wisconin to subsidiary of Wintrust Financial), .
Analyst comments: COG -0.6% (downgraded to Hold from Buy at Stifel)