Gapping down
In reaction to disappointing earnings/guidance: CSII -15%, HLIT -4.9%, DPZ -4.6%, EXFO -1%
Select financial related names showing weakness: NBG -3.5%, CS -2.5% (Financial Times reporting that bank may look to unveil a new capital raise plan in the next two weeks). ING -1.4%, RBS -0.7%
Other news: ORIG -16% (co announced an update on its fleet, stating 'the market continues to remain challenging due to the massive spending cuts initiated by the oil companies'), PIP -9.9% (announced oral arguments in SIGA's appeal and PharmAthene's cross-appeal have concluded), GLBL -5.3% (SunEdison (SUNE) terminates deal to acquire six operating hydro-electric and wind projects located in Peru; the projects would have been transferred to Global), SHAK -5% (files ~26.160 mln share Class A common stock shelf offering by selling stockholders), NEWT -3.4% (to launch a public offering of 2 mln shares of common stock), ETSY -2% (Amazon (AMZN) launched its news Handmade at Amazon store), SMG -1.1% (priced $400 mln of 6.000% senior notes due 2023)
Analyst comments: GRPN -2.1% (initiated with an Underperform at Cowen), TUP -1.5% (downgraded to Underperform from Neutral at BofA/Merrill)
In reaction to disappointing earnings/guidance: CSII -15%, HLIT -4.9%, DPZ -4.6%, EXFO -1%
Select financial related names showing weakness: NBG -3.5%, CS -2.5% (Financial Times reporting that bank may look to unveil a new capital raise plan in the next two weeks). ING -1.4%, RBS -0.7%
Other news: ORIG -16% (co announced an update on its fleet, stating 'the market continues to remain challenging due to the massive spending cuts initiated by the oil companies'), PIP -9.9% (announced oral arguments in SIGA's appeal and PharmAthene's cross-appeal have concluded), GLBL -5.3% (SunEdison (SUNE) terminates deal to acquire six operating hydro-electric and wind projects located in Peru; the projects would have been transferred to Global), SHAK -5% (files ~26.160 mln share Class A common stock shelf offering by selling stockholders), NEWT -3.4% (to launch a public offering of 2 mln shares of common stock), ETSY -2% (Amazon (AMZN) launched its news Handmade at Amazon store), SMG -1.1% (priced $400 mln of 6.000% senior notes due 2023)
Analyst comments: GRPN -2.1% (initiated with an Underperform at Cowen), TUP -1.5% (downgraded to Underperform from Neutral at BofA/Merrill)