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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…

Corporate Actions  IPO News: Chinos Holdings files for IPO, will be renamed Madewell Group. IPOs on deck: Six IPOs of note due this week including Datadog (DDOG) and Ping Identity Holding (PING). IPOs Filed:  None filed after the close. Secondaries on deck: None of note. Notes Priced:  REXR of note. Common Stock filings: None of note. Mixed Shelf Offerings filed: CTLT KDMN of note.   Convertible Offering Files: None of note. Senior Notes Filed:  PFGC 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) Viper Energy Partners (VNOM) to buy certain mineral and royalty interest from Santa Elena Minerals for $150 million. Portugal sees its rating upgraded to Positive from major rating agency. Raytheon (RTN) wins $427 million Army contract. Disney (DIS) President Bob Iger resigns from the Apple (AAPL) Board of Directors. Drones hit Saudi oil installations on Saturday. President Trump authorizes use of the Strategic Petroleum Reserve (SPR). Stock Repurchase:  Dividend Increase: Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: ALDR +80%, DNR +39%, YUMA +33%, WLL +17%, CHK +16%, NBR +16%, SWN +13%, VAL +13%, RRC +13%, BTE +12%, MRO +11%, AR +11%, RIG +10%, DVN +10%, PTEN +10%, ECA +9%, NBL +9%, CXO +9%, MDR +8%, PXD +8%, APA +8%, HES +7%, COP +7%, CNQ +7%, NOV +6%, SLB +6%, OXY +5%, HAL +5%, GFI +5%, HMY +4%, BP +4%, SBGL +4%. Gap Lower: TLRD -4%. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value…

Breaking News – ECB cuts rates by 10 basis points as expected. Press conference at 8:30 a.m. EDT. Corporate Actions  IPO News:  IPOs on deck: SmileDirectClub (SDC) and 10x Genomics (TXG) of note. IPOs Filed:  None filed after the close. Secondaries on deck:  ALRS AMPH BHGE CYAD FATE  IMXI of note. Notes Priced: None of note. Common Stock filings:  FATE CPRX  of note. Mixed Shelf Offerings filed: None of note.   Convertible Offering Files:  HSKA BEST APLS of note. Senior Notes Filed: CDW UBER of note. Courtesy of IPO Financial Earnings After The Close:  Beat: TLRD +0.03  of note. Flat: ORCL of note Missed: OXM (0.02)  of note. News After The Close: (In time order after the close) Great Lakes Dredge & Dock (GLDD) announces $141 million in new contracts. Landstar (LSTR) lowers guidance. Emerson (EMR) gives orders update. Three month trailing orders up 2% with one month up 3%, with currency impact of 1%. Mark Hurd the CEO of Oracle (ORCL) will take a leave of absence due to health related issues. Spotify (SPOT) Chief Accounting Office Luca Baratta will resign as of 9/16 and Controller Paul Sawyer to take on that roll. Healthcare Realty (HR) Executive Chairman David Emery has taken a medical leave.…

Breaking News – Corporate Actions  IPOs on deck: None of note. IPOs Filed:  None file after the close. Secondaries on deck:  HLNI LAUR OHI of note. Notes Priced:  AL of note. Common Stock filings: CDLX PRSC OHI LAUR IMXI AMPY HLNE 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: CASY +0.28, AGX +0.04, CTRP +0.03 of note. Missed: PHR -10.29 of note. News After The Close: (In time order after the close) Hawaiian Holdings (HA) saw August traffic up +2.8% year over year with a drop in capacity by -1.9% and load factor up to 88.4%. ICHOR Corporation names Larry Sparks CFO as of 10/7. Ford Motor (F) downgraded by Moody’s to Ba1 from Baa3. VEREIT (VER) settles pending litigation for $765.5 million. Wendy’s (WEN) to offer breakfast in more than 300 restaurants. Will hire 20,000 employees. Lowers earnings but reaffirms guidance. Suncor (SU) to invest $1.4 billion (Canadian) in low carbon power cogeneration at its Oil Sands Bse Plant. Sanderson Farms (SAFM) received a Department of Justice subpoena today regarding the Broiler Chicken Antitrust Litigation. Stock Repurchase: MOS AIRG Dividend Increase:…

Breaking News – New York Attorney General looking into Antitrust Violations on Facebook (FB). Corporate Actions  IPOs on deck: None of note. IPOs Filed:  No filings after the close. Secondaries on deck: AM CCC IRTC LPT OCX QURE TPTX WMS  of note. Notes Priced:   TLND of note. Common Stock filings: LPT  of note. Mixed Shelf Offerings filed: TGTX of note.   Convertible Offering Files:   of note. Senior Notes Filed: of note. Courtesy of IPO Financial Earnings After The Close:  Beat: ZUMZ +0.17, MDLA +0.09, SAIC +0.07, ZM +0.07, LULU +0.07, GWRE +0.06, CRWD +0.05, NX +0.05, DOMO +0.03, PD +0.03, ABM +0.02 of note. Flat: CVGW Missed: CDMO (0.06), FIZZ (0.03), DOCU (0.03), KFY (0.01) of note. News After The Close: (In time order after the close) John Burkart named COO at Essex Property (ESS). Costco (COST) sees August total comparable stock sales +5.5% versus July. Maurice Cooper leaves Wingstop (WING) as EVP and Chief Growth & Experience Officer. Mosaic (MOS) announces that Araxa and Tapira mines go back into operation. U.S Treasury submits housing reform plan to the president. Impacts Fannie Mae/Freddie Mac (FMCC). Stamps.com (STMP) starts new GlobalPost international shipping services which may stop fears about U.S. Postal Services  international disruptions. Stock Repurchase: SBSI…

Breaking News -Starbucks (SBUX) lowers EPS Growth under +10% for 2020 fiscal year at Goldman Sachs Retailing Conference. Stock down -3%. Corporate Actions  IPOs on deck: None of note. IPOs Filed:  No filings after the close. Secondaries on deck: RWT PRAH QSR of note. Notes Priced:   PSXP of note. Common Stock filings:   WMS TPTX ADUS RWT PRAH of note. Mixed Shelf Offerings filed:  ADUS of note.   Convertible Offering Files:  OKTA AERI  ECPG of note. Senior Notes Filed: MUSA of note. Courtesy of IPO Financial Earnings After The Close:  Beat: COUP +0.18 HQY +0.10  of note. Missed: GSM -0.03 of note. News After The Close: (In time order after the close) Scientific Games (SGMS) chosen to supply lottery instant games to Turkey. Starboard takes 7.5% stake in Box (BOX) and it rises 7%. Unifi (UFI) names Craigs Creaturo as EVP & CFO as of 9/9. Federal Reserve St. Louis President James Bullard says the Fed needs to cut by 50 basis points. Leidos (LDOS) wins $445 million Air Force contract. Lumber Liquidators (LL) moves higher as former CEO Thomas Sullivan’s F9 Investments ammends filing to seek options for the company. Federal Reserve Boston President Eric Rosengren spoke against more rate cuts.…

There will be no production tomorrow as getting an early start on Labor Day weekend. Have a great Labor Day! Corporate Actions – This is typically one of the slowest weeks of the year. IPOs on deck: None of note. IPOs Filed:  after the close. Secondaries on deck:  of note. Notes Priced:   None of note. Common Stock filings:  of note. Mixed Shelf Offerings filed: MSBI of note.   Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: PVH +0.21, TLYS +0.10, ESTC +0.10, GES +0.09, GEF +0.08, NTNX +0.07, ZUO +0.05, OKTA +0.05, MTRX +0.05, WSM +0.04, HRB +0.03, SMTC +0.02, FIVE +0.01, SCVL +0.01, SPWH +0.01, BOX +0.01  of note. Missed: OLLI (0.11), GTBIF (0.07) of note. News After The Close: (In time order after the close) Reata Pharmaceuticals (RETA) names Manmeet Soni as CFO immediately. SP Plus (SP) names Kristopher Roy as CFO. Limoneira (LMNR) lowers guidance for Q3 and FY 2019. Rambus (RMBS) names Sean Fan as COO. Democratic Presidential Candidate Senator Kirsten Gillibrand withdrew from the race. Forever 21 which is not public plans to file for bankruptcy. Norfolk Southern (NSC) names Mark George as CFO as…

Corporate Actions IPOs on deck: None of note. IPOs Filed:  None of note this morning. Secondaries on deck:  COLD of note. Notes Priced:   None of note. Common Stock filings:  None of note. Mixed Shelf Offerings filed:   Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: BILI +0.08, CAL +0.04, SXI +0.02 of note. Missed:  None of note. News After The Close: (In time order after the close) Johnson & Johnson (JNJ) loses Opiod trial in Oklahoma with verdict of $572 million. Will appeal. Trinseo (TSE) to replace WageWorks (WAGE) in the S&P SmallCap 600 as of 8/30. Stock Repurchase:   . Dividend Increase:   PE (first time dividend) of note. Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: SXI +14% CAL +10% TSE +8% RRD +4%. Gap Lower: None of note. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.   U.S. futures: S&P +7  Dow Jones +77  NDX +26  and Russell 2000 +5.25 with fair values lower adding to gains on the open. Asia and Europe mixed, click through for details by country. Gold,  silver and copper higher. WTI Crude Oil and Brent Oil…

Breaking News – China will retaliate with tariffs on U.S. Goods as of September 1st. (CNBC) Corporate Actions IPOs on deck: None of note. IPOs Filed:  None of note this morning. Secondaries on deck:  None of note. Notes Priced:   None of note. Common Stock filings:  None of note. Mixed Shelf Offerings filed:  SUN  Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Earnings After The Close:  Beat: CRM +0.19 HCAT +0.11 GPS +0.10 VMW +0.05 INTU +0.05 HPQ +0.03 ROST +0.02 ATGE +0.01 of note. Missed: None of note. Still to Report: None of note. News After The Close: (In time order after the close) Teri Bariquit named Chief Merchandising Officer at Nordstrom (JWN). Hewlett Packard (HPQ) names Enrique Lores to succeed Dion Weisler as CEO effective 11/1. Stock Repurchase:   . Dividend Increase:  TFSL DDS of note. Early Morning Gap Up/Down: (>4% or <-4%) Gap Higher: HIBB +9% PVTL +8% CRM +7% CBLK +6% DVAX +6% FRO +6% INTU +5%  Gap Lower: FL -12% HPQ -8% VMW -5% HAS -4% What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  Futures were higher until China…