In reaction to disappointing earnings/guidance: LLTC -15.8%, DAL -4.8%, STT -4.7%, SCHW -4.6%, ASML -4.3%, JNY -4.1%, JPM -1.8%, WFC -1.2%… Select financial related stocks trading lower: KEY -11.9%, ING -9.4%, GS -6.8%, C -5.7% (Citi’s rally ignores data like losses - WSJ), MS -3.6%, AIG -3.6%, DB -3.3%, BAC -2.3%, CIT -1.8% (announces $0.10 quarterly dividend and intention to sell approx. $8 mln of common equity)… Select metals/mining names showing weakness: AAUK -12.4%, RTP -8.9% (says long term outlook for co remains positive despite the upheavals in global markets; Chinese economy is pausing for breath), BBL -8.8%, BHP -7.8%, FCX -7.2%, RIO -6.5%, MT -5.0%… Select drybulk shippers trading lower: EXM -10.3%, FRO -6.3%, DRYS -6.2%, DSX -2.8%… Other news: UN -4.7% and UL -3.3% (still checking for anything specific), NOK -3.3% (still checking)… Analyst comments: EBAY (downgraded to Underperform at Merrill), STM (downgraded to Underperform at Merrill), DELL (downgraded to Neutral at JPMorgan)
In reaction to strong earnings/guidance: TSL +7.1%, KO +6.8%, ALTR +5.8%, DNA +3.9% (also upgraded to Buy at Piper and upgraded to Buy from Hold at Citigroup), INTC +3.0%… Other news: LYG +7.4% (checking for anything specific)… Analyst comments: LVS +7.2% (upgraded to Overweight at Weisel), BYD +4.2% (upgraded to Overweight at Weisel), AAPL +2.0% (upgraded to Overweight at JPMorgan), WYNN +1.4% (upgraded to Overweight at Weisel), CRM +1.1% (upgraded to Buy at Soleil).
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