Morning Note

264 total posts

CAPIS Morning Note – 12/10/19 One Trade Deal Down, China Still To Go

Morning Note

Morning Note

posted by CAPIS on 12/10/2019 at 7:35 am
by CAPIS on 12/10/2019

Fun Fact- By the end of the week, 65% of the country will be below freezing. (CNN) IPOs on deck:  LIV Capital Acquisition (LIVKU) of note. IPOs Filed: None filed after the close. Secondaries Priced: ABR AUPH RHP SCYX XAIR of note. Notes Priced:   WRB LITE of note. Common Stock filings: ABR  CNST RHP LVGO of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files: EVBG  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  MTN +0.35, TOL +0.11, CASY +0.06, SFIX +0.06, CDMO +0.03, PHR +0.03, MDB +0.02 of note. Missed:  CHWY (0.07), ROAD (0.02) of note. Hourly Action This Week: Close of 12/6. News After The Close (In Order of Time) Lululemon Athletica (LULU) COO to leave to go to another position outside the apparel industry. Ingersoll-Rand (IR) CFO to retire in 2020 Christopher Kuehn will take over as CFO. Stock Repurchase Announcements:  Dividend Increase:  JJSF PNR UHAL (special dividend) AES VAC Gap Higher: SFIX +12%, SUPN +9%, MDB +9%, SNY +4%, PSN +4%. Gap Lower: ROAD -15%, DBI -12%, CONN -7%, CASY -6%, LVGO -6%, CHWY -4%, ABR -4%, REGN -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -6 Dow Jones Industrial Average -65 NASDAQ -25 Russell 2000 -3. Fair…

Fun Fact- By the end of the week, 65% of the country will be below freezing. (CNN) IPOs on deck:  LIV Capital Acquisition (LIVKU) of note. IPOs Filed: None filed after the close. Secondaries Priced: ABR AUPH RHP SCYX XAIR of note. Notes Priced:   WRB LITE of note. Common Stock filings: ABR  CNST RHP LVGO of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files: EVBG  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  MTN +0.35, TOL +0.11, CASY +0.06, SFIX +0.06, CDMO +0.03, PHR +0.03, MDB +0.02 of note. Missed:  CHWY (0.07), ROAD (0.02) of note. Hourly Action This Week: Close of 12/6. News After The Close (In Order of Time) Lululemon Athletica (LULU) COO to leave to go to another position outside the apparel industry. Ingersoll-Rand (IR) CFO to retire in 2020 Christopher Kuehn will take over as CFO. Stock Repurchase Announcements:  Dividend Increase:  JJSF PNR UHAL (special dividend) AES VAC Gap Higher: SFIX +12%, SUPN +9%, MDB +9%, SNY +4%, PSN +4%. Gap Lower: ROAD -15%, DBI -12%, CONN -7%, CASY -6%, LVGO -6%, CHWY -4%, ABR -4%, REGN -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -6 Dow Jones Industrial Average -65 NASDAQ -25 Russell 2000 -3. Fair…

CAPIS Morning Note -12/9/19 Another Merger Monday

Morning Note

Morning Note

posted by CAPIS on 12/09/2019 at 7:42 am
by CAPIS on 12/09/2019

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings:   AUPH of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  LITE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 12/6. News After The Close (In Order of Time) Fitch affirms AAA rating on Sweden. DBRS Morningstar affirms Denmark with a AAA rating and Poland with a A rating. Bluebirdbio (BLUE) and Bristol Myers (BMY) met primary endpoint and key secondary endpoint on Ph 2 KarMMa study ide-cel. Barron’s positive on DAR CODI QLYS LECO HASI EXPE CLF GOOG SKX . Trump Administration seeks to block two judges from joining WTO, effectively blocking and international trade disputes. Hong Kong protesters hold largest demonstration in weeks. Chinese exports to the U.S. fell 23% while soybean imports rose 41% but no disclosure on what country the imports came from. North Korea says denuclearization is off the table. Stock Repurchase Announcements: CSIQ  AM Dividend Increase:  MORN PNM  Gap Higher: XBIT +152%, ARQL +102%, FATE +22%, PCG +21%, BLUE +6%.  Gap Lower: DPLO -31%, KOS -4%,  What’s Happening This Morning: Futures value…

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings:   AUPH of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  LITE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 12/6. News After The Close (In Order of Time) Fitch affirms AAA rating on Sweden. DBRS Morningstar affirms Denmark with a AAA rating and Poland with a A rating. Bluebirdbio (BLUE) and Bristol Myers (BMY) met primary endpoint and key secondary endpoint on Ph 2 KarMMa study ide-cel. Barron’s positive on DAR CODI QLYS LECO HASI EXPE CLF GOOG SKX . Trump Administration seeks to block two judges from joining WTO, effectively blocking and international trade disputes. Hong Kong protesters hold largest demonstration in weeks. Chinese exports to the U.S. fell 23% while soybean imports rose 41% but no disclosure on what country the imports came from. North Korea says denuclearization is off the table. Stock Repurchase Announcements: CSIQ  AM Dividend Increase:  MORN PNM  Gap Higher: XBIT +152%, ARQL +102%, FATE +22%, PCG +21%, BLUE +6%.  Gap Lower: DPLO -31%, KOS -4%,  What’s Happening This Morning: Futures value…

CAPIS Morning Note – 12/6/19 Jobs Friday

Morning Note

Morning Note

posted by CAPIS on 12/06/2019 at 7:25 am
by CAPIS on 12/06/2019

Breaking News –  Key Television Interviews – White House Economic Advisor Larry Kudlow on Bloomberg at 9:45 a.m. EDT wit Jonathan Ferro. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: EVRI GDS DT PLUG of note. Notes Priced:   None of note. Common Stock filings:  ISEE of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  STAR of note. Courtesy of IPO Financial Earnings After The Close: Beat:  DOMO +0.16, ZUMZ +0.15, ULTA +0.12, GWRE +0.10, DOCU +0.07, ZM +0.06, CRWD +0.05, OKTA +0.05, CLDR +0.03, ZUO +0.03, COO +0.03, MDLA +0.02, AOBC +0.02, FIZZ +0.02 of note. Flat:  EZPW KFY Missed:  SAIC (0.06), PD (0.01), YEXT (0.01) of note. Hourly Action This Week: Close of 12/5. News After The Close (In Order of Time) Hawaiian Holdings (HA) reported November Traffic up 4.1%  with Capacity up 3.6% and Load Factor 84.6%. Magellan Health (MGLN) names James Murray as President and COO, company will not release 2020 financial guidance now. Stock Repurchase Announcements:  AXSM CLBK Dividend Increase:  EBSB CHRW BMY HI OC EMN DEI  THG (as well as special dividend) AXS  RCII Gap Higher: DOMO +23%, DOCU +13%, ULTA +10%, ZUMZ +9%, EIGI +8%, MDLA +7%, GRTX +6%, EZPW +6%, FIZZ +6%, CRWD +6%, CLDR +5%, KODK +5%, BIG +4%, BIG +4%, AOBC +4% Gap Lower: YEXT -20%, PD -17%, KFY -9%, ZM -9%, SAIC -8%, PLUG -5%,…

Breaking News –  Key Television Interviews – White House Economic Advisor Larry Kudlow on Bloomberg at 9:45 a.m. EDT wit Jonathan Ferro. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: EVRI GDS DT PLUG of note. Notes Priced:   None of note. Common Stock filings:  ISEE of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  STAR of note. Courtesy of IPO Financial Earnings After The Close: Beat:  DOMO +0.16, ZUMZ +0.15, ULTA +0.12, GWRE +0.10, DOCU +0.07, ZM +0.06, CRWD +0.05, OKTA +0.05, CLDR +0.03, ZUO +0.03, COO +0.03, MDLA +0.02, AOBC +0.02, FIZZ +0.02 of note. Flat:  EZPW KFY Missed:  SAIC (0.06), PD (0.01), YEXT (0.01) of note. Hourly Action This Week: Close of 12/5. News After The Close (In Order of Time) Hawaiian Holdings (HA) reported November Traffic up 4.1%  with Capacity up 3.6% and Load Factor 84.6%. Magellan Health (MGLN) names James Murray as President and COO, company will not release 2020 financial guidance now. Stock Repurchase Announcements:  AXSM CLBK Dividend Increase:  EBSB CHRW BMY HI OC EMN DEI  THG (as well as special dividend) AXS  RCII Gap Higher: DOMO +23%, DOCU +13%, ULTA +10%, ZUMZ +9%, EIGI +8%, MDLA +7%, GRTX +6%, EZPW +6%, FIZZ +6%, CRWD +6%, CLDR +5%, KODK +5%, BIG +4%, BIG +4%, AOBC +4% Gap Lower: YEXT -20%, PD -17%, KFY -9%, ZM -9%, SAIC -8%, PLUG -5%,…

CAPIS Morning Note – 12/5/19 Trade Still Front And Center

Morning Note

Morning Note

posted by CAPIS on 12/05/2019 at 7:23 am
by CAPIS on 12/05/2019

Breaking News – United (UAL) CEO Oscar Munoz to move to Chairman and Scott Kirby to become CEO. IPOs on deck:   LMP Automotive (LMPX)  of note. IPOs Filed: None filed after the close. Secondaries Priced:  ARDX RC  TUFN MLND IMMU CCC NJR of note. Notes Priced:   MDRX of note. Common Stock filings: RC NJR EVRI MKND OMER  GHS ARDX  PIRS EVOP of note. Mixed Shelf Offerings filed: EVRI OMER LMRK  of note. Convertible Offering Files: MOGA of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: RH +0.48, CMTL +0.19, POWL +0.18, GEF +0.15, ESTC +0.09, VRNT +0.08, HRB +0.07, WORK +0.06, SMAR +0.03, SNPS +0.02, TLYS +0.02, HOME +0.02, PGNY +0.01, FIVE +0.01, SMTC +0.01 of note. Flat: SPWH Missed: DSGX (0.01) of note. Hourly Action This Week: Close of 12/2. News After The Close (In Order of Time) NetApp (NTAP) picks up a three year contract from the State of California Department of General Services for data center update and hybrid cloud infrastructure solutions. At Home Group (HOME) gives downside guidance. Wayfair (W) sees 36% increase in 5 day holiday shopping period. Costco (COST) sees November comps +5.3% despite calendar shift Stock Repurchase Announcements: …

Breaking News – United (UAL) CEO Oscar Munoz to move to Chairman and Scott Kirby to become CEO. IPOs on deck:   LMP Automotive (LMPX)  of note. IPOs Filed: None filed after the close. Secondaries Priced:  ARDX RC  TUFN MLND IMMU CCC NJR of note. Notes Priced:   MDRX of note. Common Stock filings: RC NJR EVRI MKND OMER  GHS ARDX  PIRS EVOP of note. Mixed Shelf Offerings filed: EVRI OMER LMRK  of note. Convertible Offering Files: MOGA of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: RH +0.48, CMTL +0.19, POWL +0.18, GEF +0.15, ESTC +0.09, VRNT +0.08, HRB +0.07, WORK +0.06, SMAR +0.03, SNPS +0.02, TLYS +0.02, HOME +0.02, PGNY +0.01, FIVE +0.01, SMTC +0.01 of note. Flat: SPWH Missed: DSGX (0.01) of note. Hourly Action This Week: Close of 12/2. News After The Close (In Order of Time) NetApp (NTAP) picks up a three year contract from the State of California Department of General Services for data center update and hybrid cloud infrastructure solutions. At Home Group (HOME) gives downside guidance. Wayfair (W) sees 36% increase in 5 day holiday shopping period. Costco (COST) sees November comps +5.3% despite calendar shift Stock Repurchase Announcements: …

CAPIS Morning Note -12/4/19 Trade Talks Now Viewed As Progressing. ADP Payroll Misses.

Morning Note

Morning Note

posted by CAPIS on 12/04/2019 at 7:30 am
by CAPIS on 12/04/2019

Breaking News – ADP Payroll comes in light at 67,000 from expected 175,000. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: ARWR VRAY RLMD CNNEKOD   of note. Notes Priced:   None of note. Common Stock filings:  RVNC  IMMU ADMS RLMD VYGR DT CNNE  of note. Mixed Shelf Offerings filed: ADMS of note. Convertible Offering Files:  MDRX of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: HQY +0.24, WDAY +0.16, CRM +0.09, AVAV +0.05, ZA +0.02 of note. Flat: MRVL Missed: None of note. Hourly Action This Week: Close of 12/2. News After The Close (In Order of Time) Old Dominion Freight (ODFL) November numbers reflect softness in the U.S. economy. Alphabet (GOOGL) names Sundar Pichai CEO of both Google and Alphabet. Larry Page to step down as CEO of Alphabet. Stock Repurchase Announcements:  MA RUSHA VNET  Dividend Increase:  ADC TTC MA MED  Gap Higher: LCI +19%, HQY +14%, RAPT +8%, TTM +8%, GPRO +8%, DRD +7%, XXII +5%, IBN +4%, INMD +4%, SOXL +4%, UWT +4%. Gap Lower: VRAY -14%, RVNC -11%, CNNE -9%, ADMS -8%, IMMU -8%, RLMD -7%, ARWR -7%, TVIX -7%, UVXY -5%, ORAN -5%, ZS -4%, DT -4%, WDAY -4%, DWT -4%, VYGR -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +12 Dow Jones Industrial Average +135 NASDAQ +44 Russell 2000 +9.67 Fair values are mixed. Asia and…

Breaking News – ADP Payroll comes in light at 67,000 from expected 175,000. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: ARWR VRAY RLMD CNNEKOD   of note. Notes Priced:   None of note. Common Stock filings:  RVNC  IMMU ADMS RLMD VYGR DT CNNE  of note. Mixed Shelf Offerings filed: ADMS of note. Convertible Offering Files:  MDRX of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: HQY +0.24, WDAY +0.16, CRM +0.09, AVAV +0.05, ZA +0.02 of note. Flat: MRVL Missed: None of note. Hourly Action This Week: Close of 12/2. News After The Close (In Order of Time) Old Dominion Freight (ODFL) November numbers reflect softness in the U.S. economy. Alphabet (GOOGL) names Sundar Pichai CEO of both Google and Alphabet. Larry Page to step down as CEO of Alphabet. Stock Repurchase Announcements:  MA RUSHA VNET  Dividend Increase:  ADC TTC MA MED  Gap Higher: LCI +19%, HQY +14%, RAPT +8%, TTM +8%, GPRO +8%, DRD +7%, XXII +5%, IBN +4%, INMD +4%, SOXL +4%, UWT +4%. Gap Lower: VRAY -14%, RVNC -11%, CNNE -9%, ADMS -8%, IMMU -8%, RLMD -7%, ARWR -7%, TVIX -7%, UVXY -5%, ORAN -5%, ZS -4%, DT -4%, WDAY -4%, DWT -4%, VYGR -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +12 Dow Jones Industrial Average +135 NASDAQ +44 Russell 2000 +9.67 Fair values are mixed. Asia and…

CAPIS Morning Note – 12/3/19 Futures Crash As President Trump Vacillates On Trade Deal

Morning Note

Morning Note

posted by CAPIS on 12/03/2019 at 7:37 am
by CAPIS on 12/03/2019

Watch For Today- The number of tape bombs related to China trade issues is on the rise. Expect the unexpected. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: ASLN CWEN AER of note. Notes Priced:   None of note. Common Stock filings: VRAY ARWR TUFN CWEN AER KOD PLUG of note. Mixed Shelf Offerings filed: ARWR PLUGof note. Convertible Offering Files:  None of note. Senior Notes Filed:  TWTR of note. Courtesy of IPO Financial Earnings After The Close: Beat: COUP +0.14 of note. Missed: None of note. Hourly Action This Week: Close of 11/29. News After The Close (In Order of Time) Wells Fargo (WFC) names Scott Powell as new COO as of next Monday. United Health (UNH) preannounces Fiscal year 2019 above estimates. J.C Penney (JCP) regained compliance with the NYSE. International Game & Technologies (IGT) CFO Alberto Fornaro leaves to pursue other opportunities. General Dynamics (GD) wins $22.2 billion Navy contract. Lockheed Martin (LMT) wins $989 million Air Force contract. Index Changes – ODFL to join S&P 500, CCMP to join S&P 400 and S&P 600 adds RC and ILPT. Stock Repurchase Announcements:  CW PPBI NTB Dividend Increase: CWH (special dividend)  BKE Gap Higher: BOLD +107%, NK +26%, VRAY +22%, QURE +18%, AXSM +12%, ARDX +11%, UGAZ +8%, HMY +8%, SBGL +5%, TVIX +5%, UVXY +4%, AKS +4%, JNUG +4%. Gap Lower: ASLN -46%, CBL -35%, KOD -14%, PLUG -11%, CLF -10%, TUFN -7%, ARWR -4%, TTEC -4%, FSV -4%, GOGL -4%. What’s…

Watch For Today- The number of tape bombs related to China trade issues is on the rise. Expect the unexpected. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: ASLN CWEN AER of note. Notes Priced:   None of note. Common Stock filings: VRAY ARWR TUFN CWEN AER KOD PLUG of note. Mixed Shelf Offerings filed: ARWR PLUGof note. Convertible Offering Files:  None of note. Senior Notes Filed:  TWTR of note. Courtesy of IPO Financial Earnings After The Close: Beat: COUP +0.14 of note. Missed: None of note. Hourly Action This Week: Close of 11/29. News After The Close (In Order of Time) Wells Fargo (WFC) names Scott Powell as new COO as of next Monday. United Health (UNH) preannounces Fiscal year 2019 above estimates. J.C Penney (JCP) regained compliance with the NYSE. International Game & Technologies (IGT) CFO Alberto Fornaro leaves to pursue other opportunities. General Dynamics (GD) wins $22.2 billion Navy contract. Lockheed Martin (LMT) wins $989 million Air Force contract. Index Changes – ODFL to join S&P 500, CCMP to join S&P 400 and S&P 600 adds RC and ILPT. Stock Repurchase Announcements:  CW PPBI NTB Dividend Increase: CWH (special dividend)  BKE Gap Higher: BOLD +107%, NK +26%, VRAY +22%, QURE +18%, AXSM +12%, ARDX +11%, UGAZ +8%, HMY +8%, SBGL +5%, TVIX +5%, UVXY +4%, AKS +4%, JNUG +4%. Gap Lower: ASLN -46%, CBL -35%, KOD -14%, PLUG -11%, CLF -10%, TUFN -7%, ARWR -4%, TTEC -4%, FSV -4%, GOGL -4%. What’s…

CAPIS Morning Note -12/2/19 Trump Restores Tariffs in Brazil and Argentina, Welcome To December!

Morning Note

Morning Note

posted by CAPIS on 12/02/2019 at 7:51 am
by CAPIS on 12/02/2019

Watch For Today- U.S. Trade Representative will issue report on France’s digital tax on U.S. today.  IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/29. News After The Close (In Order of Time) China wants some tariffs rolled back and others to be suspended in the future for Phase One Deal. North Korea threatens Japan with “real ballistic missile”. Black Friday online sales were strong on Friday coming in at $7.4 billion while brick & mortar sale fell by 6.2%. President Trump to discuss China and 5G at the NATO summit this week. Barron’s positive on MSFT CSCO INTC IBM HPQ SKT SU GOOS  CVX COP BP TOT BURL. Barron’s negative on XRX M ABMD MMM OXY. Hong Kong protests are hitting Hong Kong Disney attendance, DIS. Weather has disrupted travel throughout the U.S. Stock Repurchase Announcements:   Dividend Increase:  Gap Higher: ASLN +89%, EVFM +41%, CDXC +13%, UWT +5% Gap Lower:…

Watch For Today- U.S. Trade Representative will issue report on France’s digital tax on U.S. today.  IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/29. News After The Close (In Order of Time) China wants some tariffs rolled back and others to be suspended in the future for Phase One Deal. North Korea threatens Japan with “real ballistic missile”. Black Friday online sales were strong on Friday coming in at $7.4 billion while brick & mortar sale fell by 6.2%. President Trump to discuss China and 5G at the NATO summit this week. Barron’s positive on MSFT CSCO INTC IBM HPQ SKT SU GOOS  CVX COP BP TOT BURL. Barron’s negative on XRX M ABMD MMM OXY. Hong Kong protests are hitting Hong Kong Disney attendance, DIS. Weather has disrupted travel throughout the U.S. Stock Repurchase Announcements:   Dividend Increase:  Gap Higher: ASLN +89%, EVFM +41%, CDXC +13%, UWT +5% Gap Lower:…

CAPIS Morning Note -11/29/19 Stock Market To Close at 1:00 P.M. EDT

Morning Note

Morning Note

posted by CAPIS on 11/29/2019 at 8:07 am
by CAPIS on 11/29/2019

Breaking News- Iraqi Prime Minister Adil Addul Nahdi to resign. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  SENS of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/26. News After The Close (In Order of Time) Consolidated-Tomoka Land (CTO) sells 20 income properties to Alpine Income Property Trust. President Trump made a surprise visit to Afghanistan for Thanksgiving. Index changes WRB to join the S&P 500 and RLI to join the S&P 400. JOE to join the S&P 600. President Trump signed the Hong Kong Human Rights Bill late Wednesday. Stock Repurchase Announcements:  NTR Dividend Increase:  Gap Higher: TECD +12%, TIGO +4% Gap Lower: PCG -10% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -5 Dow Jones Industrial Average -43 NASDAQ -20 Russell 2000 -4.80 Fair values are lower. Asia and Europe mixed. Gold higher with silver and copper lower. WTI Crude Oil and Brent…

Breaking News- Iraqi Prime Minister Adil Addul Nahdi to resign. IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  SENS of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/26. News After The Close (In Order of Time) Consolidated-Tomoka Land (CTO) sells 20 income properties to Alpine Income Property Trust. President Trump made a surprise visit to Afghanistan for Thanksgiving. Index changes WRB to join the S&P 500 and RLI to join the S&P 400. JOE to join the S&P 600. President Trump signed the Hong Kong Human Rights Bill late Wednesday. Stock Repurchase Announcements:  NTR Dividend Increase:  Gap Higher: TECD +12%, TIGO +4% Gap Lower: PCG -10% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -5 Dow Jones Industrial Average -43 NASDAQ -20 Russell 2000 -4.80 Fair values are lower. Asia and Europe mixed. Gold higher with silver and copper lower. WTI Crude Oil and Brent…

CAPIS Morning Note -11/27 Happy Thanksgiving!

Morning Note

Morning Note

posted by CAPIS on 11/27/2019 at 8:19 am
by CAPIS on 11/27/2019

Breaking News- Fox Business Host Maria Bartiromo tweets that USMCA will be voted on the floor next week and become law the week of the 12/9/ IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: ARAV of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: DELL +0.16, KEYS +0.15, ADSK +0.06, VMW +0.06, VEEV +0.06, GES +0.04, QADA +0.04, HPQ +0.02 of note. Missed: CENT (0.13) of note. Flat: BOX +0.00 Hourly Action This Week: Close of 11/25. News After The Close (In Order of Time) Science Applications (SAIC) has secured $582 million in intelligence and space contracts. Lockheed Martin (LMT) wins Navy contracts worth $830 million and $330 million. Stock Repurchase Announcements:   Dividend Increase:  MKC Gap Higher: EDIT +4% Gap Lower: ARAV -15%, CENT -14%, GES -6%, DE -4%  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +7 Dow Jones Industrial Average +31 NASDAQ +27 Russell 2000 +4.32 Fair values are lower. Asia and Europe mixed. Gold, silver and copper higher.…

Breaking News- Fox Business Host Maria Bartiromo tweets that USMCA will be voted on the floor next week and become law the week of the 12/9/ IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: ARAV of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: DELL +0.16, KEYS +0.15, ADSK +0.06, VMW +0.06, VEEV +0.06, GES +0.04, QADA +0.04, HPQ +0.02 of note. Missed: CENT (0.13) of note. Flat: BOX +0.00 Hourly Action This Week: Close of 11/25. News After The Close (In Order of Time) Science Applications (SAIC) has secured $582 million in intelligence and space contracts. Lockheed Martin (LMT) wins Navy contracts worth $830 million and $330 million. Stock Repurchase Announcements:   Dividend Increase:  MKC Gap Higher: EDIT +4% Gap Lower: ARAV -15%, CENT -14%, GES -6%, DE -4%  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +7 Dow Jones Industrial Average +31 NASDAQ +27 Russell 2000 +4.32 Fair values are lower. Asia and Europe mixed. Gold, silver and copper higher.…

CAPIS Morning Note -11/26/19 More Talking Between The U.S. & China Overnight

Morning Note

Morning Note

posted by CAPIS on 11/26/2019 at 7:34 am
by CAPIS on 11/26/2019

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   FBIO of note. Common Stock filings: FTS of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: AMBA +0.11, PVH +0.11, NTNX +0.04, A +0.03, GBDC +0.03, HPE +0.03, PANW +0.02 of note. Missed: SR (0.22), BECN (0.17), CAL (0.05), MTSC (0.02) of note. Hourly Action This Week: Close of 11/22. News After The Close (In Order of Time) Penumbra (PEN) names Maggie Yuen as CFO on December 2nd. ChemoCentryx (CCX) and Vifor Fresenius Meidcial announce positive topline data from Pivotal Phase III ADVOCATE trial of Avacopan. Iron Mountain (IRM) names Barry Hytinen as CFO on January 1st. General Electric (GE) wins a $1.3 billion Army contract. Raytheon (RTN) wins a $400 million Navy contract. Safehold (SAFE) to join S&P SmallCap 600 on December 3rd. Stock Repurchase Announcements:   Dividend Increase:  BDX  FULT HRL Gap Higher: CCXI +325%, NTNX +21%, KIN +9%, CBAY +6%, ARDX +6%, AMBA +5%, SAFE +5%,  Gap Lower: MOV -13%, XFOR -9%, PANW -8%, CAL -7%, CLVS -5%, BITA -4%, BECN -4%, HPE -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -1 Dow Jones Industrial Average -5 NASDAQ -2…

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   FBIO of note. Common Stock filings: FTS of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: AMBA +0.11, PVH +0.11, NTNX +0.04, A +0.03, GBDC +0.03, HPE +0.03, PANW +0.02 of note. Missed: SR (0.22), BECN (0.17), CAL (0.05), MTSC (0.02) of note. Hourly Action This Week: Close of 11/22. News After The Close (In Order of Time) Penumbra (PEN) names Maggie Yuen as CFO on December 2nd. ChemoCentryx (CCX) and Vifor Fresenius Meidcial announce positive topline data from Pivotal Phase III ADVOCATE trial of Avacopan. Iron Mountain (IRM) names Barry Hytinen as CFO on January 1st. General Electric (GE) wins a $1.3 billion Army contract. Raytheon (RTN) wins a $400 million Navy contract. Safehold (SAFE) to join S&P SmallCap 600 on December 3rd. Stock Repurchase Announcements:   Dividend Increase:  BDX  FULT HRL Gap Higher: CCXI +325%, NTNX +21%, KIN +9%, CBAY +6%, ARDX +6%, AMBA +5%, SAFE +5%,  Gap Lower: MOV -13%, XFOR -9%, PANW -8%, CAL -7%, CLVS -5%, BITA -4%, BECN -4%, HPE -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -1 Dow Jones Industrial Average -5 NASDAQ -2…

CAPIS Morning Note -11/25/19 Merger Monday As Several Major Deals

Morning Note

Morning Note

posted by CAPIS on 11/25/2019 at 7:38 am
by CAPIS on 11/25/2019

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/22. News After The Close (In Order of Time) Telsa (TSLA) CEO Elon Musk reports 187,000 Cybertrucks have been ordered. (Twitter) Former Mayor of New York and Corporate Titan Michael Bloomberg entered the presidential race over the weekend. Barron’s positive on SCHW MO CRM while negative on I  ULTA VMW and mixed on KSS. Stock Repurchase Announcements:   Dividend Increase:  AEL Gap Higher: MDCO +23%, TIF +6%, ARWR +6%, CLVS +6%, TSLA +4%  Gap Lower: HIMX -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +8 Dow Jones Industrial Average +85 NASDAQ +26 Russell 2000 +6.50 Fair values are flat to lower. Asia and Europe higher. Gold and silver lower with copper higher. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher…

IPOs on deck:   None of note. IPOs Filed: None filed after the close. Secondaries Priced: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Missed: None of note. Hourly Action This Week: Close of 11/22. News After The Close (In Order of Time) Telsa (TSLA) CEO Elon Musk reports 187,000 Cybertrucks have been ordered. (Twitter) Former Mayor of New York and Corporate Titan Michael Bloomberg entered the presidential race over the weekend. Barron’s positive on SCHW MO CRM while negative on I  ULTA VMW and mixed on KSS. Stock Repurchase Announcements:   Dividend Increase:  AEL Gap Higher: MDCO +23%, TIF +6%, ARWR +6%, CLVS +6%, TSLA +4%  Gap Lower: HIMX -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +8 Dow Jones Industrial Average +85 NASDAQ +26 Russell 2000 +6.50 Fair values are flat to lower. Asia and Europe higher. Gold and silver lower with copper higher. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher…

CAPIS Morning Note – 11/22/19

Morning Note

Morning Note

posted by CAPIS on 11/22/2019 at 7:39 am
by CAPIS on 11/22/2019

Breaking News – President Trump being interviewed on Fox News starting at at 8:00 ET. IPOs on deck: CHPMU LMPX PINE PTACU  of note. IPOs Filed: None filed after the close. Secondaries Priced: DAC G HSDT VEON of note. Notes Priced:   None of note. Common Stock filings: G of note. Mixed Shelf Offerings filed: DCO of note. Convertible Offering Files:  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: POST +0.34, JWN +0.17, INTU +0.16, OOMA +0.06, ROST +0.05, SCVL +0.05, PSTG +0.04, MATW +0.03, SPLK +0.03, GPS +0.02, IIIV +0.01 of note. Missed:  ENTA (0.12)  of note. Flat:  WSM Hourly Action This Week: Close of 11/20. News After The Close (In Order of Time) United Technology (UTX) wins $760 million Navy contract. President Trump signs bill to fund the government through 12/20. Stock Repurchase Announcements:  YUM IDA JBLU Dividend Increase: BFB Gap Higher: OOMA +24%, SCVL +12%, IIIV +10%, JWN +9%, SPLK +7%, HIBB +6%, STNE +5%, FL +5% Gap Lower: PSTG -23%, DAC -19%, ORGO -16%, WSM -5%, ENTA -4%, FUTU -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +6 Dow Jones Industrial Average +44 NASDAQ +20 Russell 2000 +4.50 Fair values are flat to lower. Asia mixed and Europe higher. Gold,silver and copper higher.…

Breaking News – President Trump being interviewed on Fox News starting at at 8:00 ET. IPOs on deck: CHPMU LMPX PINE PTACU  of note. IPOs Filed: None filed after the close. Secondaries Priced: DAC G HSDT VEON of note. Notes Priced:   None of note. Common Stock filings: G of note. Mixed Shelf Offerings filed: DCO of note. Convertible Offering Files:  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: POST +0.34, JWN +0.17, INTU +0.16, OOMA +0.06, ROST +0.05, SCVL +0.05, PSTG +0.04, MATW +0.03, SPLK +0.03, GPS +0.02, IIIV +0.01 of note. Missed:  ENTA (0.12)  of note. Flat:  WSM Hourly Action This Week: Close of 11/20. News After The Close (In Order of Time) United Technology (UTX) wins $760 million Navy contract. President Trump signs bill to fund the government through 12/20. Stock Repurchase Announcements:  YUM IDA JBLU Dividend Increase: BFB Gap Higher: OOMA +24%, SCVL +12%, IIIV +10%, JWN +9%, SPLK +7%, HIBB +6%, STNE +5%, FL +5% Gap Lower: PSTG -23%, DAC -19%, ORGO -16%, WSM -5%, ENTA -4%, FUTU -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +6 Dow Jones Industrial Average +44 NASDAQ +20 Russell 2000 +4.50 Fair values are flat to lower. Asia mixed and Europe higher. Gold,silver and copper higher.…

CAPIS Morning Note -11/21/19 Schwab Looks To Buy TD Ameritrade

Morning Note

Morning Note

posted by CAPIS on 11/21/2019 at 7:36 am
by CAPIS on 11/21/2019

Breaking News –  IPOs on deck: Canaan (CAN) SiTime (SITM) IPOs Filed: None filed after the close. Secondaries Priced: PFGC INVH CRSP SPWR DSSI ENLV GSX KRTX MTEM OPTN of note. Notes Priced:   None of note. Common Stock filings:  OPTN MTEM DSSI INVH of note. Mixed Shelf Offerings filed: None of note. Convertible Offering Files:  MTEM of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  NTES +2.02, CPRT +0.06, NUAN +0.05  of note. Missed:  CUB (0.08), SONO (0.06), SQM (0.04), LZB (0.03), GTBIF (0.02), JACK (0.01) of note. Flat: LB. Hourly Action This Week: Close of 11/19. News After The Close (In Order of Time) American Water Works (AWK) sells regulated New York operations for $608 million. Qiagen (QGEN) and LabCorp (LH) extend collaboration. Inter Parfums (IPAR) lowers 2020 guidance. Bristol Myers (BMY) and Celgene (CELG) merger is complete. House passes Hong Kong Right’s Bill 417-1. Raytheon (RTN) wins $390 million Air Force contract. Google (GOOGL) to limit election ad targeting. Stock Repurchase Announcements:  CASH Dividend Increase: A GPI NSA RE SSNC KRNY Gap Higher: AMTD +20% ACB +11% DVAX +7% NUAN +6% CRON +5% CLLS +5% LB +5% TIF +4% Gap Lower: BZUN -13% CUB…

Breaking News –  IPOs on deck: Canaan (CAN) SiTime (SITM) IPOs Filed: None filed after the close. Secondaries Priced: PFGC INVH CRSP SPWR DSSI ENLV GSX KRTX MTEM OPTN of note. Notes Priced:   None of note. Common Stock filings:  OPTN MTEM DSSI INVH of note. Mixed Shelf Offerings filed: None of note. Convertible Offering Files:  MTEM of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  NTES +2.02, CPRT +0.06, NUAN +0.05  of note. Missed:  CUB (0.08), SONO (0.06), SQM (0.04), LZB (0.03), GTBIF (0.02), JACK (0.01) of note. Flat: LB. Hourly Action This Week: Close of 11/19. News After The Close (In Order of Time) American Water Works (AWK) sells regulated New York operations for $608 million. Qiagen (QGEN) and LabCorp (LH) extend collaboration. Inter Parfums (IPAR) lowers 2020 guidance. Bristol Myers (BMY) and Celgene (CELG) merger is complete. House passes Hong Kong Right’s Bill 417-1. Raytheon (RTN) wins $390 million Air Force contract. Google (GOOGL) to limit election ad targeting. Stock Repurchase Announcements:  CASH Dividend Increase: A GPI NSA RE SSNC KRNY Gap Higher: AMTD +20% ACB +11% DVAX +7% NUAN +6% CRON +5% CLLS +5% LB +5% TIF +4% Gap Lower: BZUN -13% CUB…

CAPIS Morning Note -11/20/19 Futures Lower For First Time This Week

Morning Note

Morning Note

posted by CAPIS on 11/20/2019 at 7:35 am
by CAPIS on 11/20/2019

Breaking News –  IPOs on deck: 8 IPOs on deck this week. IPOs Filed: None filed after the close. Secondaries Priced:  None of note. Notes Priced:   None of note. Common Stock filings:  AXNX MSEX ORGO NYMT CRSP MGP MUX QTT  of note. Mixed Shelf Offerings filed:  AEM SMLP AXS of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: CURLF +0.02, ESE +0.02  of note. Missed:  PAGS (0.03), URBN (0.01) of note. Flat: None of note. Hourly Action This Week: Close of 11/18. News After The Close (In Order of Time) Cannae Hodings (CNNE) names Richard Massey CEO effective last Friday. Avid Technology (AVID) guides higher at investor day. Boeing (BA) wins $230 million Defense Logistics Agency contract. Boeing (BA) and Textron (TXT) win a jv Bell Boeing $380 million Defense Logistics Agency contract. Stock Repurchase Announcements:  FIX FLNT  NXPI Dividend Increase:  MTB Pre-Market Gap Higher Or Lower Gap Higher: FLNT +16%, AVID +15%, MYOV +15%, TGT +9%, IDYA +8%, ENDP +8%, BCRX +7%, LOW +5%, QIWI +5%, AXNX +4%, CTMX +4%,  Gap Lower: PDD -19%, URBN -17%, ORGO -6%, AMRN -6%, CRSP -6%, PAGS -5% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -7 Dow Jones Industrial Average -76 NASDAQ -24 Russell 2000 -5.84 Fair values…

Breaking News –  IPOs on deck: 8 IPOs on deck this week. IPOs Filed: None filed after the close. Secondaries Priced:  None of note. Notes Priced:   None of note. Common Stock filings:  AXNX MSEX ORGO NYMT CRSP MGP MUX QTT  of note. Mixed Shelf Offerings filed:  AEM SMLP AXS of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat: CURLF +0.02, ESE +0.02  of note. Missed:  PAGS (0.03), URBN (0.01) of note. Flat: None of note. Hourly Action This Week: Close of 11/18. News After The Close (In Order of Time) Cannae Hodings (CNNE) names Richard Massey CEO effective last Friday. Avid Technology (AVID) guides higher at investor day. Boeing (BA) wins $230 million Defense Logistics Agency contract. Boeing (BA) and Textron (TXT) win a jv Bell Boeing $380 million Defense Logistics Agency contract. Stock Repurchase Announcements:  FIX FLNT  NXPI Dividend Increase:  MTB Pre-Market Gap Higher Or Lower Gap Higher: FLNT +16%, AVID +15%, MYOV +15%, TGT +9%, IDYA +8%, ENDP +8%, BCRX +7%, LOW +5%, QIWI +5%, AXNX +4%, CTMX +4%,  Gap Lower: PDD -19%, URBN -17%, ORGO -6%, AMRN -6%, CRSP -6%, PAGS -5% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -7 Dow Jones Industrial Average -76 NASDAQ -24 Russell 2000 -5.84 Fair values…

CAPIS Morning Note -11/19/19 Home Depot (HD) Lowers Numbers

Morning Note

Morning Note

posted by CAPIS on 11/19/2019 at 8:09 am
by CAPIS on 11/19/2019

Breaking News –  IPOs on deck: 8 IPOs on deck this week. IPOs Filed: None filed after the close. Secondaries Priced: DUK of note. Notes Priced: EGHT of note. Common Stock filings: GSX  KRTX EFC PFGC SAFE DUK ROKU NVTA SPCE   of note. Mixed Shelf Offerings filed: MET PEP EVFM of note. Convertible Offering Files:  EGHT CHEF of note. Senior Notes Filed: of note. Courtesy of IPO Financial Earnings After The Close: Beat: CRMT +0.23, ZTO +0.16, WUBA +0.13, BILI +0.03, KRNT +0.03  of note. Missed:  ASH (0.19), WWD (0.04) of note. Flat:  None of note. Hourly Action This Week: Close of 11/15.   News After The Close (In Order of Time) Department of Justice may end the Paramount consent decree which prevented studios from owning exhibitors.  Plus for AMC Entertainment (AMC) and Cinemark (CNK). Tiffany’s (TIF) Chief Merchandising Officer Pamela Cloud to leave November 26th. Uber (UBER) Chief Product Officer  Manik Gupta stepping down 12/13. Thermo Fisher (TMO)  to join S&P 100 and ServiceNow (NOW) to  join S&P 500 on 11.21. VEREIT (VER) settles agreement with the SEC on investigation of accounting practices with $8 million payment. Viavi (VIAV) files complaint against LG Electronics, LG Innotek and Optrontec  over infringement of 3D sensing…

Breaking News –  IPOs on deck: 8 IPOs on deck this week. IPOs Filed: None filed after the close. Secondaries Priced: DUK of note. Notes Priced: EGHT of note. Common Stock filings: GSX  KRTX EFC PFGC SAFE DUK ROKU NVTA SPCE   of note. Mixed Shelf Offerings filed: MET PEP EVFM of note. Convertible Offering Files:  EGHT CHEF of note. Senior Notes Filed: of note. Courtesy of IPO Financial Earnings After The Close: Beat: CRMT +0.23, ZTO +0.16, WUBA +0.13, BILI +0.03, KRNT +0.03  of note. Missed:  ASH (0.19), WWD (0.04) of note. Flat:  None of note. Hourly Action This Week: Close of 11/15.   News After The Close (In Order of Time) Department of Justice may end the Paramount consent decree which prevented studios from owning exhibitors.  Plus for AMC Entertainment (AMC) and Cinemark (CNK). Tiffany’s (TIF) Chief Merchandising Officer Pamela Cloud to leave November 26th. Uber (UBER) Chief Product Officer  Manik Gupta stepping down 12/13. Thermo Fisher (TMO)  to join S&P 100 and ServiceNow (NOW) to  join S&P 500 on 11.21. VEREIT (VER) settles agreement with the SEC on investigation of accounting practices with $8 million payment. Viavi (VIAV) files complaint against LG Electronics, LG Innotek and Optrontec  over infringement of 3D sensing…

CAPIS Morning Note – 11/15/19 Hong Kong Protests Push Country Towards a Recession

Morning Note

Morning Note

posted by CAPIS on 11/15/2019 at 7:57 am
by CAPIS on 11/15/2019

Breaking News – Retail Sales for October rose 0.3% but prior month revised lower. IPOs on deck: Alibaba (BABA) launches Hong Kong IPO. IPOs Filed: None filed after the close. Secondaries Priced: NXTC SWAV of note. Notes Priced:  QSR of note. Common Stock filings: SRPT FLY of note. Mixed Shelf Offerings filed: GMDA PWFL of note. Convertible Offering Files:  None of note. Senior Notes Filed: PBH of note. Courtesy of IPO Financial Earnings After The Close: Beat:  NVDA +0.21, HP +0.14, HAYN +0.08, AMAT +0.04, GLOB +0.03, FTCH +0.02, KLIC +0.02  of note. Missed:  VFF (0.23), AXNX (0.14), YRD (0.14), FSM (0.02) of note. Flat:   of note. Hourly Action This Week: Updated through Thursday’s close. News After The Close (In Order of Time) Alaska Air (ALK) sees October traffic up 3.4%. Several managers update 13F holdings including Carl Icahn, Davide Tepper, David Einhorn, Bill Ackman, George Soros, Larry Robbins and Warren Buffett. Treasury Secretary Stephen Mnuchin and U.S. Trade Representative Robert Lighthizer  to hold a call with Chinese Vice Premier Liu today on trade matters.(CNBC) Crescent Point Energy (CPG) to sell gas assets in Saskatchewan for $500 million. S&P SmallCap 600 to add RadNet (RDNT) on 11/20. Rolls Royce (RYCEY) wins $1.2 billion Nacy…

Breaking News – Retail Sales for October rose 0.3% but prior month revised lower. IPOs on deck: Alibaba (BABA) launches Hong Kong IPO. IPOs Filed: None filed after the close. Secondaries Priced: NXTC SWAV of note. Notes Priced:  QSR of note. Common Stock filings: SRPT FLY of note. Mixed Shelf Offerings filed: GMDA PWFL of note. Convertible Offering Files:  None of note. Senior Notes Filed: PBH of note. Courtesy of IPO Financial Earnings After The Close: Beat:  NVDA +0.21, HP +0.14, HAYN +0.08, AMAT +0.04, GLOB +0.03, FTCH +0.02, KLIC +0.02  of note. Missed:  VFF (0.23), AXNX (0.14), YRD (0.14), FSM (0.02) of note. Flat:   of note. Hourly Action This Week: Updated through Thursday’s close. News After The Close (In Order of Time) Alaska Air (ALK) sees October traffic up 3.4%. Several managers update 13F holdings including Carl Icahn, Davide Tepper, David Einhorn, Bill Ackman, George Soros, Larry Robbins and Warren Buffett. Treasury Secretary Stephen Mnuchin and U.S. Trade Representative Robert Lighthizer  to hold a call with Chinese Vice Premier Liu today on trade matters.(CNBC) Crescent Point Energy (CPG) to sell gas assets in Saskatchewan for $500 million. S&P SmallCap 600 to add RadNet (RDNT) on 11/20. Rolls Royce (RYCEY) wins $1.2 billion Nacy…

CAPIS Morning Note -11/14/19 Walmart (WMT) Puts Up Strong Numbers

Morning Note

Morning Note

posted by CAPIS on 11/14/2019 at 7:32 am
by CAPIS on 11/14/2019

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:  BCRX RETA LNT VRRM CRK REPL KDMN LPCN  of note. Notes Priced:   None of note. Common Stock filings:  BCRX RETA LNT of note. Mixed Shelf Offerings filed:  NSCO of note. Convertible Offering Files:   HALO of note. Senior Notes Filed: HTZ of note. Courtesy of IPO Financial Earnings After The Close: Beat:   CBPO +0.52, TCOM +0.23, CPA +0.21, NTAP +0.15, PING +0.12, TGP +0.06, NVGS +0.05, TTEK +0.04, HI +0.03, PRSP +0.03, PSNL +0.03, TNK +0.03, CSCO +0.03  of note. Missed:  BZH (0.72), PUMP (0.21) of note. Flat:  CHNG +0.00 of note. Hourly Action This Week: Updated through Wednesday’s close. News After The Close (In Order of Time) American Outdoor Brands (AOBC) to separate into two  companies. BAE Systems (BAESY) wins Navy Contract worth $270 million. Thermo Fischer (TMO) for Qiagen (QGEN) rumor hit after the close. Fox Business interviewed Director of Trade & Manufacturing Policy Peter Navarro and he stated U.S. is on a “glide path” to Phase I deal. Stock Repurchase Announcements: Dividend Increase: HFC MATW Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: PING +20%, TGP +9%, PUMP +8%, PRSP +8%, NBEV +8%, HI +8%, CPA +7%, AXNX +5%, REPL +4%. Gap Lower: FLGT -14%, WB -8%, BCRX -7%, BZH -6%, CSCO -5%, SINA -5%, TCOM -4%. What’s Happening This Morning: Futures value…

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:  BCRX RETA LNT VRRM CRK REPL KDMN LPCN  of note. Notes Priced:   None of note. Common Stock filings:  BCRX RETA LNT of note. Mixed Shelf Offerings filed:  NSCO of note. Convertible Offering Files:   HALO of note. Senior Notes Filed: HTZ of note. Courtesy of IPO Financial Earnings After The Close: Beat:   CBPO +0.52, TCOM +0.23, CPA +0.21, NTAP +0.15, PING +0.12, TGP +0.06, NVGS +0.05, TTEK +0.04, HI +0.03, PRSP +0.03, PSNL +0.03, TNK +0.03, CSCO +0.03  of note. Missed:  BZH (0.72), PUMP (0.21) of note. Flat:  CHNG +0.00 of note. Hourly Action This Week: Updated through Wednesday’s close. News After The Close (In Order of Time) American Outdoor Brands (AOBC) to separate into two  companies. BAE Systems (BAESY) wins Navy Contract worth $270 million. Thermo Fischer (TMO) for Qiagen (QGEN) rumor hit after the close. Fox Business interviewed Director of Trade & Manufacturing Policy Peter Navarro and he stated U.S. is on a “glide path” to Phase I deal. Stock Repurchase Announcements: Dividend Increase: HFC MATW Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: PING +20%, TGP +9%, PUMP +8%, PRSP +8%, NBEV +8%, HI +8%, CPA +7%, AXNX +5%, REPL +4%. Gap Lower: FLGT -14%, WB -8%, BCRX -7%, BZH -6%, CSCO -5%, SINA -5%, TCOM -4%. What’s Happening This Morning: Futures value…

CAPIS Morning Note – 11/13/19 Markets Struggling Today In Front Of Lots of Events

Morning Note

Morning Note

posted by CAPIS on 11/13/2019 at 7:36 am
by CAPIS on 11/13/2019

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   CDAY RNG of note. Notes Priced:   None of note. Common Stock filings:  BCRX RETA NXTC RNG TCON SWAV of note. Mixed Shelf Offerings filed:  FCPT BSIG ESTA  of note. Convertible Offering Files:  CYBR of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   HIIQ +0.34, RUN +0.19, CDLX +0.17, KWR +0.15, DDOG +0.14, HUYA +0.13, ADPT +0.11, APEI +0.11, HCAT +0.10, TWOU +0.09, YY +0.09, VRAY +0.08, OMER +0.08, MTSI +0.03, SWKS +0.02, VREX +0.02, CPRX +0.02, SSTI +0.01  of note. Missed:  BGNE (1.55), HTHT (0.47), BREW (0.25), ADT (0.23), TVTY (0.10), TLRY (0.06), HALO (0.05), CSIQ (0.02), SDC (0.02), CBPX (0.02), MCRN (0.02), SCSC (0.01) of note. Flat:  DOX of note. Hourly Action This Week: Updated through Monday’s close. News After The Close (In Order of Time) Amdocs (DOX) announces multi-tear deal with T-Mobile (TMUS) for pre-paid business. Allegiant Travel (ALGT) sees October total passenger revenues miles up 4.0% year over year. September Load Factor was 83.1%. Ring Central (RNG) issues 2.17 million shares to Avaya (AVYA) in strategic partnership. S&P 600 will drop Dean…

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   CDAY RNG of note. Notes Priced:   None of note. Common Stock filings:  BCRX RETA NXTC RNG TCON SWAV of note. Mixed Shelf Offerings filed:  FCPT BSIG ESTA  of note. Convertible Offering Files:  CYBR of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   HIIQ +0.34, RUN +0.19, CDLX +0.17, KWR +0.15, DDOG +0.14, HUYA +0.13, ADPT +0.11, APEI +0.11, HCAT +0.10, TWOU +0.09, YY +0.09, VRAY +0.08, OMER +0.08, MTSI +0.03, SWKS +0.02, VREX +0.02, CPRX +0.02, SSTI +0.01  of note. Missed:  BGNE (1.55), HTHT (0.47), BREW (0.25), ADT (0.23), TVTY (0.10), TLRY (0.06), HALO (0.05), CSIQ (0.02), SDC (0.02), CBPX (0.02), MCRN (0.02), SCSC (0.01) of note. Flat:  DOX of note. Hourly Action This Week: Updated through Monday’s close. News After The Close (In Order of Time) Amdocs (DOX) announces multi-tear deal with T-Mobile (TMUS) for pre-paid business. Allegiant Travel (ALGT) sees October total passenger revenues miles up 4.0% year over year. September Load Factor was 83.1%. Ring Central (RNG) issues 2.17 million shares to Avaya (AVYA) in strategic partnership. S&P 600 will drop Dean…

CAPIS Morning Note – 11/12/19 All Eyes On The Economic Club of New York At 12:00 p.m. EDT

Morning Note

Morning Note

posted by CAPIS on 11/12/2019 at 8:03 am
by CAPIS on 11/12/2019

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   None of note. Notes Priced:   None of note. Common Stock filings: CWK of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files: JCOM of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   FNV +0.09, TME +0.09, FOE +0.07, FTK +0.05, APYX +0.05, GO +0.03, ICUI +0.03 of note. Missed:  TDW (0.70), TERP (0.33), UGI (0.24), FLNT (0.06), DXC (0.05) of note. Flat:  KEM +0.00, FGEN +0.00 of note. Hourly Action This Week: Updated through Friday’s close. News After The Close (In Order of Time) Several investment managers reported October assets under management CNS IVZ APAM BEN. Stock Repurchase Announcements:  Dividend Increase: FCPT Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: BREW +122%, LTS +22%, KDMN +20%, FOE +17%, RKDA +13%, APYX +13%, KEM +13%, ICUI +11%, GO +7%.  Gap Lower: FLNT -22%, OGI -15%, HBM -11%, TDW -7%, UGI -6%, RETA -4%, EPC -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +2 Dow Jones Industrial Average +21 NASDAQ +10 Russell 2000 +4.48 Fair values are lower. Asia and Europe are lower. Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $…

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   None of note. Notes Priced:   None of note. Common Stock filings: CWK of note. Mixed Shelf Offerings filed:  None of note. Convertible Offering Files: JCOM of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   FNV +0.09, TME +0.09, FOE +0.07, FTK +0.05, APYX +0.05, GO +0.03, ICUI +0.03 of note. Missed:  TDW (0.70), TERP (0.33), UGI (0.24), FLNT (0.06), DXC (0.05) of note. Flat:  KEM +0.00, FGEN +0.00 of note. Hourly Action This Week: Updated through Friday’s close. News After The Close (In Order of Time) Several investment managers reported October assets under management CNS IVZ APAM BEN. Stock Repurchase Announcements:  Dividend Increase: FCPT Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: BREW +122%, LTS +22%, KDMN +20%, FOE +17%, RKDA +13%, APYX +13%, KEM +13%, ICUI +11%, GO +7%.  Gap Lower: FLNT -22%, OGI -15%, HBM -11%, TDW -7%, UGI -6%, RETA -4%, EPC -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +2 Dow Jones Industrial Average +21 NASDAQ +10 Russell 2000 +4.48 Fair values are lower. Asia and Europe are lower. Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $…

CAPIS Morning Note -11/11/19 Merger Monday as Three Deals Announced, Futures Lower On Hong Kong Protests

Morning Note

Morning Note

posted by CAPIS on 11/11/2019 at 7:47 am
by CAPIS on 11/11/2019

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   None of note. Notes Priced:   None of note. Common Stock filings: SOLY DUK FTSI of note. Mixed Shelf Offerings filed: IO of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Missed:  CRR (0.53) of note. Flat:   None of note. Hourly Action This Week: Updated through Thursday’s close. News After The Close (In Order of Time) Tupperware (TUP) suspends quarterly dividend. Moody’s moves the U.K. rating to negative from stable. WeWork issues a 90 day game plan to fix issues. General Dynamics (GD) wins $732 million Navy contract. Barron’s positives OSK C BAC FITB KEY PNC BABA  Barron’s negatives XRX MCD UBER Stock Repurchase Announcements:  Dividend Increase: FE Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: TEVA +4%, NKTR +4% Gap Lower:  FOMX -8%, LITE -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -15 Dow Jones Industrial Average -151 NASDAQ -43 Russell 2000 -7.91 Fair values are mixed. Asia and Europe are lower. Gold and silver higher with copper…

IPOs on deck: Currently, none of note for this week. IPOs Filed: None filed after the close. Secondaries Priced:   None of note. Notes Priced:   None of note. Common Stock filings: SOLY DUK FTSI of note. Mixed Shelf Offerings filed: IO of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Missed:  CRR (0.53) of note. Flat:   None of note. Hourly Action This Week: Updated through Thursday’s close. News After The Close (In Order of Time) Tupperware (TUP) suspends quarterly dividend. Moody’s moves the U.K. rating to negative from stable. WeWork issues a 90 day game plan to fix issues. General Dynamics (GD) wins $732 million Navy contract. Barron’s positives OSK C BAC FITB KEY PNC BABA  Barron’s negatives XRX MCD UBER Stock Repurchase Announcements:  Dividend Increase: FE Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: TEVA +4%, NKTR +4% Gap Lower:  FOMX -8%, LITE -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -15 Dow Jones Industrial Average -151 NASDAQ -43 Russell 2000 -7.91 Fair values are mixed. Asia and Europe are lower. Gold and silver higher with copper…

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