Gapping down
In reaction to disappointing earnings/guidance: COUP -31.8%, CSC -7.9%, AOI -7.8%, SALE -6.3%, SALE -6.3%, ALSN -6.2%, UBS -4%, TAP -3.7%, KS -3.1%, DF -3.1%, IPHI -2.5%, KKR -2.2%, SSNI -1.1%, ACM -0.9%, WPP -0.7%
Select Brazil related names showing weakness: VALE -2.4%, BBD -1.9%, GGB -1.9%, ITUB -1.6%, ABEV -1.4%, SBS -1.4%
Select metals/mining stocks trading lower: RIO -2.2%, AU -1.9%, BHP -1.6%, FCX -1.5%, HMY -1.4%, EGO -1.4%, GFI -0.9%, GG -0.8%, MT -0.7%
Other news: BIOC -35.1% (prices offering of 8 mln shares of common stock and warrants to purchase 8 mln shares at a combined offering price of $1.25), RDHL -17.2% ( announces proposed public offering of its American Depository shares ), REN -10.8% (received continued listing standard notice from NYSE), ANFI -9.5% (cont weakness following yday's cautious Prescience Point report), CAMT -6.9% (Rudolph Tech announced U.S. District Court ruling in Rudolph's patent infringement case against Camtek ), RRMS -5% (announces the commencement of an underwritten public offering of 2 mln common units representing limited partner interests; Rose Rock Midstream to acquire the remaining crude oil assets of SemGroup ), IDRA -2.2% ( announces proposed public offering of common stock to sell up to $75 mln of shares of its common stock ), ATRA -1.6% ( announces that it has commenced an underwritten public offering of 3 mln shares of its common stock), HSBC -1.2% (disclosed placing agreement; transaction will involve the transfer of up to ~952.616 mln ordinary shares of Industrial Bank; will raise a maximum of ~ RMB 12.73 bln), GSK -1.1% (still checking), ADMA -1% ( announced that results from its Phase 2/3 clinical study of ADS-5102 have been published in the online issue of the peer-reviewed journal Movement Disorders)
Analyst comments: RIG -3% (downgraded to Underperform from Neutral at Credit Suisse), FSC -1.1% (downgraded to Equal Weight from Overweight at Barclays), FITB -0.6% (downgraded to Hold from Buy at Deutsche Bank), MAS -0.5% (downgraded to Outperform from Strong Buy at Raymond James
)
In reaction to disappointing earnings/guidance: COUP -31.8%, CSC -7.9%, AOI -7.8%, SALE -6.3%, SALE -6.3%, ALSN -6.2%, UBS -4%, TAP -3.7%, KS -3.1%, DF -3.1%, IPHI -2.5%, KKR -2.2%, SSNI -1.1%, ACM -0.9%, WPP -0.7%
Select Brazil related names showing weakness: VALE -2.4%, BBD -1.9%, GGB -1.9%, ITUB -1.6%, ABEV -1.4%, SBS -1.4%
Select metals/mining stocks trading lower: RIO -2.2%, AU -1.9%, BHP -1.6%, FCX -1.5%, HMY -1.4%, EGO -1.4%, GFI -0.9%, GG -0.8%, MT -0.7%
Other news: BIOC -35.1% (prices offering of 8 mln shares of common stock and warrants to purchase 8 mln shares at a combined offering price of $1.25), RDHL -17.2% ( announces proposed public offering of its American Depository shares ), REN -10.8% (received continued listing standard notice from NYSE), ANFI -9.5% (cont weakness following yday's cautious Prescience Point report), CAMT -6.9% (Rudolph Tech announced U.S. District Court ruling in Rudolph's patent infringement case against Camtek ), RRMS -5% (announces the commencement of an underwritten public offering of 2 mln common units representing limited partner interests; Rose Rock Midstream to acquire the remaining crude oil assets of SemGroup ), IDRA -2.2% ( announces proposed public offering of common stock to sell up to $75 mln of shares of its common stock ), ATRA -1.6% ( announces that it has commenced an underwritten public offering of 3 mln shares of its common stock), HSBC -1.2% (disclosed placing agreement; transaction will involve the transfer of up to ~952.616 mln ordinary shares of Industrial Bank; will raise a maximum of ~ RMB 12.73 bln), GSK -1.1% (still checking), ADMA -1% ( announced that results from its Phase 2/3 clinical study of ADS-5102 have been published in the online issue of the peer-reviewed journal Movement Disorders)
Analyst comments: RIG -3% (downgraded to Underperform from Neutral at Credit Suisse), FSC -1.1% (downgraded to Equal Weight from Overweight at Barclays), FITB -0.6% (downgraded to Hold from Buy at Deutsche Bank), MAS -0.5% (downgraded to Outperform from Strong Buy at Raymond James
)