Naz News, Gappers and FLE's

[iconoclassic]

Gapping down


In reaction to disappointing earnings/guidance: APOL -12.2%, HELI -6.4%

M&A news: TW -1.3% (Willis Group and Towers Watson to combine in merger of equals)

Select metals/mining stocks trading lower: HMY -4.3%, AU -1.8%, GOLD -1.2%, BHP -0.9%, GG -0.6%


Other news: ETRM -9.3% ( prices its offering of ~40.23 mln units of common stock and warrants at $0.87/unit), SNE -6.1% (to issue new shares, commence secondary offering and issue convertible bonds), VGGL -3.8% (priced offering of ~2.05 mln shares of common stock at $2.05 per share), MGM -1% (still checking), ISSI -0.9% (stockholders approved acquisition by Uphill Investment for $23 per share in cash)

Analyst comments: MLHR -2.8% (downgraded to Neutral from Buy at Longbow), TCB -1.0% (downgraded to Hold at Sandler O'Neill)

Read more: http://www.briefing.com/GeneralContent/Platinum/Active/FullTextSearch/FullTextSearch.aspx#ixzz3eYNk2HSC