Gapping down
In reaction to disappointing earnings/guidance: EOPN -41%, FIVE -15.2%, (reports Holiday sales increased 24.5% y/y to $230.7 mln; Comp store sales over same period grows 3.2%; Guides Q4 slightly below consensus), TCS -10.4%, RT -8.5%, VOXX -5.9%, BBBY -4.3%, M -3%, (reaffirms FY15 EPS guidance; Nov/Dec comps +2.1%, in-line with Q4 comps guidance), SYRG -1.9%,ABBV -0.6%, IMOS -0.6%,
M&A news: XL -2.6% (acquires Catlin Group; transaction equity value of ~$4.1 bln)
Select metals/mining stocks trading lower: CLF -2%, MT -1.6% VALE -1.6%, RIO -1%, BHP -0.9%.
Select oil/gas related names showing early weakness: SDRL -1.4%, STO -1.0%, TOT -0.9%, RDS.A -0.9%, BP -0.8%.
Other news: CNAT -42.3% (announces top-line results from ACLF and organ impairment clinical trials of emricasan), WTSL -32.1% (WSJ details news that WetSeal (WTSL) may soon file for bankruptcy), ARGS -27.2% (provides an update on its clinical research program for AGS-004; primary endpoint of the trial was not achieved), IDN -27.1% (files amended S-1), ADMP -22% (to offer shares of its common stock in an underwritten public offering; size not disclosed), SBLK -18.1% (plans to make an underwritten public offering of its common stock; size not disclosed ), CTSO -8.8% (attributed to pricing of seconday), GMLP -7.4% (Golar LNG Partners announces secondary offering of 7,170,000 common units by Golar LNG Limited), CCU -5.3% (reports that preliminary fourth quarter volume variations were up 1.6% and the twelve month period ended December 31st, 2014 were up 4.5%), SAN -5% (trading lower in Europe following yday's news of capital raise), EFC -3% (reports estimated book value per common share as of Dec 31 was $23.42, or $23.13 on a diluted basis), ADHD -2.8% (announced it intends to offer its ordinary shares in a public offering; terms not disclosed), GWPH -2% (cont weakness), SBUX -1.6% (announced COO Troy Alstead is taking an extended unpaid leave from the co, effective March 1, 2015), TSLA -1.2% (Germany registrations have been disappointing, according to reports), OC -1.1% (small pull back following recent run up), SAVE -1% (reported preliminary traffic results for December 2014; Traffic in December 2014 increased 17.7% versus December 2013 on a capacity increase of 20.1%), APOL -0.7% (President Obama has proposed to make community college free for responsible students for 2 years)
Analyst comments: NUAN -3.1% (downgraded to Sell from Neutral at Goldman), CROX -2.7% (downgraded to Neutral from Overweight at Piper Jaffray), HOT -1.7% (ddowngraded to Neutral from Overweight at JP Morgan), LVS -1.7% (downgraded to Equal-Weight from Overweight at Morgan Stanley), FGEN -1.3% (downgraded to Neutral from Buy at Goldman), SPLS -0.9% (downgraded to Neutral from Outperform at Credit Suisse)