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Breaking News –  Treasury Mnuchin claims U.S. and China have a fundamental agreement that is subject to documentation. (CNBC) Notes December tariffs if no deal. (CNBC) Corporate Actions IPOs on deck: IPOs Filed: None filed after the close. Secondaries on deck: of note. Notes Priced: None of note. Common Stock filings: CLNC of note. Mixed Shelf Offerings filed:  UPS CLNC  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 News After The Close: (In time order after the close) CNBC reported five minutes after the close no U.S. and China December tariff decision and no Huawei quid pro for the deal. Asbury Automotice (ABG) CFO Sean Goodman to resign as of 11/15. He goes to AMC Entertainment (AMC) to be new CFO. Visa (V) and Mastercard (MA) also leave the Libra consortium created by Facebook (FB). General Dynamics (GD) awarded $34 million Navy contract. Barron’s Recs: Positive on K JNJ GNRC ATVI EA TTWO DIS AAPL PLCE . Cautious on BBBY. Stock Repurchase:  Dividend Increase:  Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher:  Gap Lower: MT -5% What’s Happening This Morning: Futures…

Breaking News –  OPEC cuts oil demand forecast for a third month in a row. (CNBC) Corporate Actions IPOs on deck: BioNTech SE (BNTX) on deck for this week. IPOs Filed: None filed after the close. Secondaries on deck:  None of note. Notes Priced: None of note. Common Stock filings:  SPLK 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 News After The Close: (In time order after the close) Costco (COST) sees September comps up 4.2% with e-commerce up 17.8%. Target (TGT) names Michael Fiddelke as CFO. Bed, Bath & Beyond (BBBY) names new CEO. Mark Tritton comes from Target (TGT) where he was the CMO and an Executive Vice President. Toys ‘R’ Us is back in a collaboration with Target (TGT). California Judge will allow for alternative restructuring plans with bondholders and fire victims putting forward their own plans  for PG&E (PCG). Stock Repurchase:  Dividend Increase:  Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: RARX +107%, BBBY +23% Gap Lower: PCG -36%, HEXO -13%, PHG -8%, ADTN -4% What’s Happening This Morning: Futures value reflects the change with fair value. We…

Corporate Actions IPOs on deck: Three IPOs on deck for this week. IPOs Filed: None filed after the close. Secondaries on deck:None of note. Notes Priced: None of note. Common Stock filings: AQN of note. Mixed Shelf Offerings filed:  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 Flat: News After The Close: (In time order after the close) Qiagen (QGEN) guides revenues lower. CEO Peter Schatz to leave. Sterling Bancorp (STL) to buy $843 million portfolio from Santander Bank (SAN). Arch Capital (ACGL) sees losses of $65-75 from catastrophe losses in Q3. Hawaiian Holdings (HA) sees September traffic +3% year over year. Raises Q3 operating revenue. Ambarella (AMBA) drops 9% as Department of Commerce blacklists their Chinese customer Hikvision. Despite blacklisting story, President Trump says good chance of a a trade deal with China per CNBC. Stock Repurchase:  Dividend Increase:  Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: NIO +9%, HA +5%, HMY +5% Gap Lower: QGEN -19%, DZSI -18%, AMBA -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 -21 Dow Jones Industrial…

Corporate Actions  IPOs on deck: None of note. IPOs Filed:  None filed after the close. Secondaries on deck: GO HRTX OVID TERP of note. Notes Priced:  None of note. Common Stock filings:   OVID CRM TERP of note. Mixed Shelf Offerings filed: TERP INBK of note.   Convertible Offering Files:None of note. Senior Notes Filed:   None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: COST +0.13 of note. Missed: SGH (0.71) of note Flat: News After The Close: (In time order after the close) RingCentral (RNG) takes a 6% stake in Avaya (AVYA). Stock Repurchase:  AVYA Dividend Increase: Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: MEIP +16%, AVYA +12%, RNG +6% Gap Lower: OVID -17%, HRTX -9%, SGH -5%, HPQ -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 +34 NASDAQ +14 Russell 2000 -7 Fair values are lower. Asia mixed and Europe higher. Gold,silver and copper lower. WTI Crude Oil  and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $131.55 from $131.27 with yields at…

Corporate Actions  IPO News:  IPOs on deck: 5 IPOs due this week all in the Biotech space. IPOs Filed:  None filed after the close. Secondaries on deck: None of note. Notes Priced:   None of note. Common Stock filings: GO 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:  SFIX +0.03 of note. Missed: UNFI (0.11) of note Flat: LNDC News After The Close: (In time order after the close) UAW still not accepting General Motors (GM) terms for a new contract as UAW VP Terry Dittes sends letter to members. Nuance (NUAN) spins off Cerence (CRNC) as of today. TD Ameritrade (AMTD) eliminates commissions on stocks, ETFS and options as of Thursday. The State Department Inspector General requests a meeting with several House Committees over Secretary of State Mike Pompeo’s supposed threats on State Department  employees. Stock Repurchase:  Dividend Increase: OZK Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: TSG +44%, VHC +23%, AIMT +8%, LNDC +7%, NEXT +7%, CALA +4%, MGI +4% Gap Lower: UNFI -19%, SFIX -9%, GO -5%  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  Futures traded sideways until 3:00 a.m. EDT and then fell to a low before…

Must See TV- White House Advisor Peter Navarro interviewed on CNBC in the past few minutes. NY Federal Reserve  Open Market Action – At 8:30 a.m. EDT, the NY Federal Reserve conducted open market operations and took $ billion. Corporate Actions  IPOs on deck: None of note. IPOs Filed:  None filed after the close. Secondaries on deck: None of note. Notes Priced:   None of note. Common Stock filings: None of note. Mixed Shelf Offerings filed: ODT  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 News After The Close: (In time order after the close) Fitch keeps Poland at A- and upgrades Serbia to BB+ from BB. Major credit agency affirms Saudi Arabia ratings. Three House Committees have subpoenaed Secretary of State Mike Pompeo. Contract win for Boeing (BA) with Air Force for $2.6 billion. Contract win for Fluor (FLR) with Navy for $1.1 billion. Contract win for Hawaiian Electric (HE) with Defense Logistics Agency for $640 million. Contract win for Northrop Grumman(NOC) with Air Force for $1.4 billion. Barron’s positive on Slack (WORK), American Airlines (AAL), Google (GOOGL) Wells Fargo (WFC). Stock Repurchase: GCO Dividend Increase: HOLI…

Breaking News -House releases Whistleblower Report NY Federal Reserve  Open Market Action – At 8:30 a.m. EDT, the NY Federal Reserve conducted open market operations and took $60 billion. Now can go to $100 billion a day. Corporate Actions  IPO News: IPOs on deck: Peloton (PTON) and Oportun Financial (OPRT) are priced to day and will begin trading. IPOs Filed:  None filed after the close. Secondaries on deck: FOR PLYM of note. Notes Priced: CEO of note. Common Stock filings:  BTAI PLYM CTRP PLMR of note. Mixed Shelf Offerings filed:  UFS of note.   Convertible Offering Files:None of note. Senior Notes Filed:   None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: KBH +0.07, AIR +0.06 of note. Missed: FUL (0.04) of note News After The Close: (In time order after the close) Lattice Semi (LSCC) and Synopsys (SNPS) extend OEM licensing agreement for Synopsys Synplify FPGA synthesis tools. Toll Brothers (TOL) names James Boyd and Robert Parahus as Co-COOs as President and COO Richard Hartman to retire. BAE Systems (BAESY) wins $2.7 billion Navy contract. Lockheed Martin (LMT) wins $280 million Army contract. General Motors (GM) making  progress with the UAW per CNBC. Stock Repurchase:  Dividend Increase: CHCO GBCI  Early Morning Gap Up/Down: (>4% or…

NY Federal Reserve  Open Market Action – At 8:30 a.m. EDT, the NY Federal Reserve will conduct open market operations for sixth day and take $30 billion. 2X oversubscribed. Corporate Actions  IPO News: Anheuser Busch InBev (BUD) priced IPO in Hong Kong of its subsidiary in the Asia Pacific. (CNBC) IPOs on deck: Three IPOS on deck this week including Peloton.  IPOs Filed:  None filed after the close. Secondaries on deck:  ANDE VER UNVR of note. Notes Priced:   None of note. Common Stock filings:  None of note. Mixed Shelf Offerings filed:  RILY of note.   Convertible Offering Files: PDD of note. Senior Notes Filed:   None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: None of note. Missed: None of note News After The Close: (In time order after the close) Federal prosecutors looking into Juul Labs. Impacts Altria Group (MO). Powell Industries (POWL) CEO Brett Cope to take on role of Chairman as Thomas Powell steps down. Vitamin Shoppe (VSI) ended negotiations with potential bidder in “go shop” period. Raytheon (RTN) wins $500 million Missile Defense Agency contract. Northrup Grumman (NOC) wins $380 million Defense Logistics Agency contract. Lockheed Martin (LMT) wins $350 million Navy contract. Index Change: Fresh Del Monte (FDP) and Jagged Peak Energy…

NY Federal Reserve  Open Market Action – At 8:30 a.m. EDT, the NY Federal Reserve will conduct open market operations for  fourth day. Corporate Actions  IPO News: Airbnb to go public in 2020. IPOs on deck:   IPOs Filed:  None filed after the close. Secondaries on deck:  FBM HTGM OPRA of note. Notes Priced:  SAIL 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:  SCHL +0.21 SCS +.07 of note. Missed: None of note News After The Close: (In time order after the close) Western Digital (WDC) to sell its IntelliFlash business to DDN, no terms. Xilinx (XLNX) CFO leaves for another opportunity. KeyCorp (KEY) names Chris Gorman successor to CEO Beth Mooney. Shoe Carnival (SCVL) names Mark Worden as President replacing Cliff Sifford. Stock Repurchase:  Dividend Increase: TXN ABCB  STT  MCD. Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: MDR +63%, CRC +17%, SCHL +11%, SCS +6%, HEXO +4%, PING +4%, Gap Lower: XLNX -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 +4 Dow Jones Industrial Average +34 NASDAQ +11 Russell 2000 +4. Fair…

NY Federal Reserve  Open Market Action – At 8:30 a.m. EDT, the NY Federal Reserve will conduct open market operations and inject up to $75 billion. Corporate Actions  IPO News:  IPOs on deck: Envista (NVST) and IGM Biosciences (IGMS) to begin trading today. IPOs Filed:  None filed after the close. Secondaries on deck:  INVH ACAD TBIO ROAD of note. Notes Priced: None of note. Common Stock filings: TBIO PTCT ACAD INVH  of note. Mixed Shelf Offerings filed:None of note.   Convertible Offering Files: PTCT of note. Senior Notes Filed:   None of note. Courtesy of IPO Financial Earnings After The Close:  Beat:  ADBE +0.08 of note. Missed: CHWY (0.11), FDX (0.11) of note News After The Close: (In time order after the close) Alexion Pharmaceuticals (ALXN) names Dr. Aradhana Sarin new CFO. Dexcom (DXCM) names Quentin Blackford as COO in addition to being CFO. CDW (CDW) to join the S&P 500 next Monday. Stock Repurchase: ATRO STBA. Dividend Increase: JPM TTEC. Dividend Decrease: ANH. Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: ZYNE +10%, CDW +6% Gap Lower: FDX -12%, TBIO -10%, IOTS -8%, PTCT -8%, CHWY -4%, ACAD -4%, CBAY -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 -5 Dow Jones Industrial Average -37 NASDAQ -17…