Morning Note

246 total posts

Morning Note – 1/25/19

Morning Note

Morning Note

posted by CAPIS on 01/25/2019 at 7:21 am
by CAPIS on 01/25/2019

In After Hours Trading IPOs on deck: The first IPO of the year was up this week, New Forest Energy (NFE) but was not priced. Secondaries on deck:   AYX CRBP DSGX HEXO IDXG NCNA SMAR priced this morning. IPO Filings After The Close:  no common stock offerings today.   Secondary Filings & Financings:  CRBP CISN common stock.   mixed shelf offering.  CNMD convertible offering priced. BAM price notes. Courtesy of IPO Financial Earnings After The Close: Beat:  NSC +0.29 , SIVB +0.26 , OSIS +0.23 , SBUX +0.10 , INTC +0.06 , FHB +0.06 , WAL +0.06 , RMD +0.05 , ALK +0.04 , SBCF +0.03 , ASB +0.02 , CUBI +0.02 , NBHC +0.02 , FII +0.02 , ETFC +0.02 , MRTN +0.02   Flat: AVT Missed: ISRG (0.11), WDC (0.05), DFS (0.03), FFIN (0.02) Positive Guidance Post Earnings:  Mixed Guidance Post Earnings:   Negative Guidance Post Earnings: INTC Dividend Increase: FHB WTFC VLO SFNC HTBK DKL HESM NXST AGN  Stock Repurchase Announcement:  News After The Close: Everest Reinsurance (RE) will take a catastrophe loss of $695 million in Q4. PG&E (PCG) rallies in after hour on report the company not to blame in 2017 California fire. Hourly Action This Past Week: This week is a struggle compared to last week. See below. Courtesy of…

In After Hours Trading IPOs on deck: The first IPO of the year was up this week, New Forest Energy (NFE) but was not priced. Secondaries on deck:   AYX CRBP DSGX HEXO IDXG NCNA SMAR priced this morning. IPO Filings After The Close:  no common stock offerings today.   Secondary Filings & Financings:  CRBP CISN common stock.   mixed shelf offering.  CNMD convertible offering priced. BAM price notes. Courtesy of IPO Financial Earnings After The Close: Beat:  NSC +0.29 , SIVB +0.26 , OSIS +0.23 , SBUX +0.10 , INTC +0.06 , FHB +0.06 , WAL +0.06 , RMD +0.05 , ALK +0.04 , SBCF +0.03 , ASB +0.02 , CUBI +0.02 , NBHC +0.02 , FII +0.02 , ETFC +0.02 , MRTN +0.02   Flat: AVT Missed: ISRG (0.11), WDC (0.05), DFS (0.03), FFIN (0.02) Positive Guidance Post Earnings:  Mixed Guidance Post Earnings:   Negative Guidance Post Earnings: INTC Dividend Increase: FHB WTFC VLO SFNC HTBK DKL HESM NXST AGN  Stock Repurchase Announcement:  News After The Close: Everest Reinsurance (RE) will take a catastrophe loss of $695 million in Q4. PG&E (PCG) rallies in after hour on report the company not to blame in 2017 California fire. Hourly Action This Past Week: This week is a struggle compared to last week. See below. Courtesy of…

Morning Note – 1/24/19

Morning Note

Morning Note

posted by CAPIS on 01/24/2019 at 7:36 am
by CAPIS on 01/24/2019

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:  EHTH URGN WVE priced this morning. IPO Filings After The Close:  no common stock offerings today.   Secondary Filings & Financings:  NCNA WVE common stock.  FHN mixed shelf offering. CNMD convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  CP +0.30 , AZPN +0.29 , LRCX +0.19 , FFIV +0.17 , PTC +0.15 , TER +0.13 , CTXS +0.08 , XLNX +0.06 , RJF +0.06 , SLM +0.04 , FFBC +0.03 , TXN +0.03 , NXGN +0.03 , BXS +0.03 , STL +0.02 , TRMK +0.02 , CMRE +0.02 , HXL +0.02 , SLG +0.01 Flat: F, CATY Missed:  TCBI (0.21), LVS (0.08), BGG (0.05), URI (0.03), CVBF (0.03), UMPQ (0.03), CNS (0.03), VAR (0.01), CCI (0.01) Positive Guidance Post Earnings: CCI SLM XLNX Mixed Guidance Post Earnings: AZPN CTXS PTC  Negative Guidance Post Earnings: BGG FFIV  TXN Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter:  Dividend Increase: NSC Stock Repurchase Announcement: LRCX FSB BLL News After The Close: PTC CFO Andrew Miller to retire and will stay until successor in place. Vertex Pharmaceuticals (VRTX) fires Ian Smith COO and Interim CFO…

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:  EHTH URGN WVE priced this morning. IPO Filings After The Close:  no common stock offerings today.   Secondary Filings & Financings:  NCNA WVE common stock.  FHN mixed shelf offering. CNMD convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  CP +0.30 , AZPN +0.29 , LRCX +0.19 , FFIV +0.17 , PTC +0.15 , TER +0.13 , CTXS +0.08 , XLNX +0.06 , RJF +0.06 , SLM +0.04 , FFBC +0.03 , TXN +0.03 , NXGN +0.03 , BXS +0.03 , STL +0.02 , TRMK +0.02 , CMRE +0.02 , HXL +0.02 , SLG +0.01 Flat: F, CATY Missed:  TCBI (0.21), LVS (0.08), BGG (0.05), URI (0.03), CVBF (0.03), UMPQ (0.03), CNS (0.03), VAR (0.01), CCI (0.01) Positive Guidance Post Earnings: CCI SLM XLNX Mixed Guidance Post Earnings: AZPN CTXS PTC  Negative Guidance Post Earnings: BGG FFIV  TXN Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter:  Dividend Increase: NSC Stock Repurchase Announcement: LRCX FSB BLL News After The Close: PTC CFO Andrew Miller to retire and will stay until successor in place. Vertex Pharmaceuticals (VRTX) fires Ian Smith COO and Interim CFO…

Morning Note – 1/23/19

Morning Note

Morning Note

posted by CAPIS on 01/23/2019 at 7:46 am
by CAPIS on 01/23/2019

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:    BLPH CWST GPN  PTCT RNN SELB priced this morning. IPO Filings After The Close:  common stock offering.   Secondary Filings & Financings:   CWST PTCT URGN SELB EHTH RNN BLPH GPN common stock. LPT VST RIG senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: NAVI +0.11 , AMTD +0.10 , LTXB +0.08 , IBM +0.05 , LRN +0.03 , ZION +0.02 , UCBI +0.02.  Flat: HOPE, SFNC, CNMD, RNST Missed: COF (0.51), IBKR (0.04), TBK (0.03). Positive Guidance For Upcoming Quarter: PUMP Negative Guidance For Upcoming Quarter: TSE QUOT SRLP  Dividend Increase: CMA NTRS ROL QSR BPOP Stock Repurchase Announcement: LBRT BPOP News After The Close: A bid for Millicom International Cellular (TIGO) will not happen as Liberty Latin American pulls pending offer. IBM CFO interviewed on CNBC post earnings. (CNCB) Lockheed Martin (LMT) wins $540 million Navy contract. BAE (BAESY) wins Army contract worth $470 million. The Bank of Japan left rates unchanged but took the inflation forecast to a lower level. Hourly Action This Past Week: Stocks struggled yesterday and it was an ugly day. The indexes were mostly lower. Courtesy of Quantitative Partners,…

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:    BLPH CWST GPN  PTCT RNN SELB priced this morning. IPO Filings After The Close:  common stock offering.   Secondary Filings & Financings:   CWST PTCT URGN SELB EHTH RNN BLPH GPN common stock. LPT VST RIG senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: NAVI +0.11 , AMTD +0.10 , LTXB +0.08 , IBM +0.05 , LRN +0.03 , ZION +0.02 , UCBI +0.02.  Flat: HOPE, SFNC, CNMD, RNST Missed: COF (0.51), IBKR (0.04), TBK (0.03). Positive Guidance For Upcoming Quarter: PUMP Negative Guidance For Upcoming Quarter: TSE QUOT SRLP  Dividend Increase: CMA NTRS ROL QSR BPOP Stock Repurchase Announcement: LBRT BPOP News After The Close: A bid for Millicom International Cellular (TIGO) will not happen as Liberty Latin American pulls pending offer. IBM CFO interviewed on CNBC post earnings. (CNCB) Lockheed Martin (LMT) wins $540 million Navy contract. BAE (BAESY) wins Army contract worth $470 million. The Bank of Japan left rates unchanged but took the inflation forecast to a lower level. Hourly Action This Past Week: Stocks struggled yesterday and it was an ugly day. The indexes were mostly lower. Courtesy of Quantitative Partners,…

Morning Note – 1/22/19

Morning Note

Morning Note

posted by CAPIS on 01/22/2019 at 7:40 am
by CAPIS on 01/22/2019

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:  none priced this morning. IPO Filings After The Close: GWPH mixed shelf offering; SSW common stock offering. Secondary Filings:   common stock.  Courtesy of IPO Financial Earnings After The Close: Beat: none of note.  Missed:none of note. Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter:  Dividend Increase:  IBCP Stock Repurchase Announcement: LIN News After The Close: Fitch affirmed the rating of France as AA. Chubb (CB) sees Q4 net catastrophe losses of $585 million on a pre-tax and $505 million post tax basis. More Russian sanctions would be disruptive to financial markets reports a leading credit agency. AbbVie (ABBV) reports Phase 3 RESOLVE trial of ibrutinibin metastatic pancreatic cancer did not meet primary endpoints. Textron’s (TXT) Bell Helicopter awarded $440 million Navy contract. Weekend Reading: U.K. Prime Minister Theresa May still may delay the Brexit event. (Bloomberg) France may restrict Huawei from being used. (Les Echos) A new North Korean nuclear site has been found. (NBC News) China Q4 GDP at 6.6% the slowest in 28 years. (CNBC) Special Prosecutor Robert Mueller disputed Buzz Feed story late…

In After Hours Trading IPOs on deck: The first IPO of the year is up this week, New Forest Energy (NFE) will be priced. Secondaries on deck:  none priced this morning. IPO Filings After The Close: GWPH mixed shelf offering; SSW common stock offering. Secondary Filings:   common stock.  Courtesy of IPO Financial Earnings After The Close: Beat: none of note.  Missed:none of note. Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter:  Dividend Increase:  IBCP Stock Repurchase Announcement: LIN News After The Close: Fitch affirmed the rating of France as AA. Chubb (CB) sees Q4 net catastrophe losses of $585 million on a pre-tax and $505 million post tax basis. More Russian sanctions would be disruptive to financial markets reports a leading credit agency. AbbVie (ABBV) reports Phase 3 RESOLVE trial of ibrutinibin metastatic pancreatic cancer did not meet primary endpoints. Textron’s (TXT) Bell Helicopter awarded $440 million Navy contract. Weekend Reading: U.K. Prime Minister Theresa May still may delay the Brexit event. (Bloomberg) France may restrict Huawei from being used. (Les Echos) A new North Korean nuclear site has been found. (NBC News) China Q4 GDP at 6.6% the slowest in 28 years. (CNBC) Special Prosecutor Robert Mueller disputed Buzz Feed story late…

Morning Note – 1/18/19

Morning Note

Morning Note

posted by CAPIS on 01/18/2019 at 7:44 am
by CAPIS on 01/18/2019

THERE IS NO PRODUCTION MONDAY MORNING AS MARKETS IN THE U.S. ARE CLOSED FOR MARTIN LUTHER KING HOLIDAY. In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  priced this morning. IPO Filings After The Close: Secondary Filings:   KNI CERC  common stock.  Courtesy of IPO Financial Earnings After The Close: Beat: OZK +.06 NFLX +.06 AXP +.04 TEAM +.04 PRGS +.03 PBCT +.02  Missed: JBHT -0.68 Flat:  Positive Guidance On Earnings: Guidance Mixed:  AXP TEAM Negative Guidance on Earnings: PRGS NFLX Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter: NLS CASA TIF Dividend Increase:  ED Stock Repurchase Announcement: GPOR MLHR JEC News After The Close: Brazil not taking sufficient action to address structural fiscal risks notes Fitch. President Trump and the U.S. Delegation will not attend Davos World Economic Forum due to government shutdown, confirmed. Copa Holdings (CPA) sees December Traffic +5.3% year over year. Hourly Action This Past Week: Stocks are continuing to remain positive this week on an hour by hour basis. Courtesy of Quantitative Partners, Inc. Research Note Of Interest This morning Ted Moreau of Terrace Research weighs in on…

THERE IS NO PRODUCTION MONDAY MORNING AS MARKETS IN THE U.S. ARE CLOSED FOR MARTIN LUTHER KING HOLIDAY. In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  priced this morning. IPO Filings After The Close: Secondary Filings:   KNI CERC  common stock.  Courtesy of IPO Financial Earnings After The Close: Beat: OZK +.06 NFLX +.06 AXP +.04 TEAM +.04 PRGS +.03 PBCT +.02  Missed: JBHT -0.68 Flat:  Positive Guidance On Earnings: Guidance Mixed:  AXP TEAM Negative Guidance on Earnings: PRGS NFLX Positive Guidance For Upcoming Quarter:  Negative Guidance For Upcoming Quarter: NLS CASA TIF Dividend Increase:  ED Stock Repurchase Announcement: GPOR MLHR JEC News After The Close: Brazil not taking sufficient action to address structural fiscal risks notes Fitch. President Trump and the U.S. Delegation will not attend Davos World Economic Forum due to government shutdown, confirmed. Copa Holdings (CPA) sees December Traffic +5.3% year over year. Hourly Action This Past Week: Stocks are continuing to remain positive this week on an hour by hour basis. Courtesy of Quantitative Partners, Inc. Research Note Of Interest This morning Ted Moreau of Terrace Research weighs in on…

Morning Note – 1/17/19

Morning Note

Morning Note

posted by CAPIS on 01/17/2019 at 7:45 am
by CAPIS on 01/17/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  MRTX RVNC priced this morning. IPO Filings After The Close: Secondary Filings:    MRTX PARR common stock;  mixed shelf offering.  ACB convertible offering.  Courtesy of IPO Financial Earnings After The Close: Beat: AA +.16 EGBN +.03 CSX +.02 PLXS +.01 Missed:FUL -.09 KMI -.04 Flat: HWC Guidance Mixed:   Positive Guidance For Upcoming Quarter: BDX Negative Guidance For Upcoming Quarter:  Dividend Increase: EPR OKE CNXM EQM AM FAST  WAFD  News After The Close: Jack Bogle the founder of Vanguard passed at the age of 89. Apple (AAPL) puts new hires on hold with slowing iPhone sales. Tribune Publishing (TPCO) tired to renew merger talks with Gannett (GCI) per The Wall Street Journal. GameStop (GME) completes sale of Spring Mobile Division and will announce holiday sales tomorrow before open. Spirit (SAVE) sees Q4 revenue per available seat mile up 11.4% year over year. Glaxo Smith Kline (GSK) announces two positive Phase III studies with results published in The New England Journal of Medicine. BAE Systems  (BAESY) reported $470 million Army contract but DoD does not confirm.…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  MRTX RVNC priced this morning. IPO Filings After The Close: Secondary Filings:    MRTX PARR common stock;  mixed shelf offering.  ACB convertible offering.  Courtesy of IPO Financial Earnings After The Close: Beat: AA +.16 EGBN +.03 CSX +.02 PLXS +.01 Missed:FUL -.09 KMI -.04 Flat: HWC Guidance Mixed:   Positive Guidance For Upcoming Quarter: BDX Negative Guidance For Upcoming Quarter:  Dividend Increase: EPR OKE CNXM EQM AM FAST  WAFD  News After The Close: Jack Bogle the founder of Vanguard passed at the age of 89. Apple (AAPL) puts new hires on hold with slowing iPhone sales. Tribune Publishing (TPCO) tired to renew merger talks with Gannett (GCI) per The Wall Street Journal. GameStop (GME) completes sale of Spring Mobile Division and will announce holiday sales tomorrow before open. Spirit (SAVE) sees Q4 revenue per available seat mile up 11.4% year over year. Glaxo Smith Kline (GSK) announces two positive Phase III studies with results published in The New England Journal of Medicine. BAE Systems  (BAESY) reported $470 million Army contract but DoD does not confirm.…

Morning Note – 1/16/19

Morning Note

Morning Note

posted by CAPIS on 01/16/2019 at 7:45 am
by CAPIS on 01/16/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  ENR priced this morning with convertible as well. Other secondaries of note STML EVBG. IPO Filings After The Close: Secondary Filings:   RVNC  common stock;  mixed shelf offering.  AMH FOX.A notes offering. Courtesy of IPO Financial Earnings After The Close: Beat: UAL +0.39 PNFP +.02 Missed: FULT -.02 Guidance Mixed:  UAL Positive Guidance For Upcoming Quarter: Negative Guidance For Upcoming Quarter: EFII THG F FISV Dividend Increase: TGE KALU OGS EPD Index Changes: TFX joins S&P 500, GDOT to S&P 400, MERC to join S&P 600 as of Friday. SRE to replace PCG in the Dow Jones Utility Average. Repurchase Announcements:  News After The Close: API Petroleum Data saw a draw of 0.56 million barrels of Crude Inventories and Gasoline Inventories built by 5.991 million barrels. Nordstrom (JWN) holiday comps rose only +1.3% leading to weakness today. SNAP CFO resigns after 8 months on the job, we hardly knew ya! Hourly Action This Past Week: Stocks are continuing to remain positive this week on an hour by hour basis. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning:…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  ENR priced this morning with convertible as well. Other secondaries of note STML EVBG. IPO Filings After The Close: Secondary Filings:   RVNC  common stock;  mixed shelf offering.  AMH FOX.A notes offering. Courtesy of IPO Financial Earnings After The Close: Beat: UAL +0.39 PNFP +.02 Missed: FULT -.02 Guidance Mixed:  UAL Positive Guidance For Upcoming Quarter: Negative Guidance For Upcoming Quarter: EFII THG F FISV Dividend Increase: TGE KALU OGS EPD Index Changes: TFX joins S&P 500, GDOT to S&P 400, MERC to join S&P 600 as of Friday. SRE to replace PCG in the Dow Jones Utility Average. Repurchase Announcements:  News After The Close: API Petroleum Data saw a draw of 0.56 million barrels of Crude Inventories and Gasoline Inventories built by 5.991 million barrels. Nordstrom (JWN) holiday comps rose only +1.3% leading to weakness today. SNAP CFO resigns after 8 months on the job, we hardly knew ya! Hourly Action This Past Week: Stocks are continuing to remain positive this week on an hour by hour basis. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning:…

Morning Note – 1/15/19

Morning Note

Morning Note

posted by CAPIS on 01/15/2019 at 7:50 am
by CAPIS on 01/15/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  ALNY ARR BPTH  priced this morning. IPO Filings After The Close: Secondary Filings:   ALNY XLRN ARR ENR STML  commom stock;  EVBG ENR CIM  mixed shelf offering. CHTR senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: none of note Missed: none of note  Guidance Raised: DAVE TDC  Guidance Cuts: TTMI CTRN MGA Repurchase Announcements: FFBC News After The Close: J.C Penny (JCP) announces a variety of changes and new position hires it is looking to make. Is JCP the next bankruptcy? Micron (MU) to purchase Intel’s interest in IM Flash Technologies JV for $1.5 billion. Genworth (GNW) acquisition of China Oceanwide Holdings approved by NY State Department of Financial Services. Department of Justice concludes review of merger of Wabtec (WAB) and GE Transportation. Hourly Action This Past Week: Stocks had another positive  day with some more weakness than seen in the past two weeks but still decent. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +1.50, Dow Jones -26,  NDX +23 and Russell 2000 +2.50  with…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  ALNY ARR BPTH  priced this morning. IPO Filings After The Close: Secondary Filings:   ALNY XLRN ARR ENR STML  commom stock;  EVBG ENR CIM  mixed shelf offering. CHTR senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: none of note Missed: none of note  Guidance Raised: DAVE TDC  Guidance Cuts: TTMI CTRN MGA Repurchase Announcements: FFBC News After The Close: J.C Penny (JCP) announces a variety of changes and new position hires it is looking to make. Is JCP the next bankruptcy? Micron (MU) to purchase Intel’s interest in IM Flash Technologies JV for $1.5 billion. Genworth (GNW) acquisition of China Oceanwide Holdings approved by NY State Department of Financial Services. Department of Justice concludes review of merger of Wabtec (WAB) and GE Transportation. Hourly Action This Past Week: Stocks had another positive  day with some more weakness than seen in the past two weeks but still decent. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +1.50, Dow Jones -26,  NDX +23 and Russell 2000 +2.50  with…

Morning Note – 1/14/19

Morning Note

Morning Note

posted by CAPIS on 01/14/2019 at 7:41 am
by CAPIS on 01/14/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  prices this morning. IPO Filings After The Close: Secondary Filings:   GOOD JBHT mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: none of note Missed: none of note  News After The Close: Viacom (VIAB) may bid for Tubi TV per the information.com. Yeti Holdings (YETI) and Boot Barn (BOOT) each announced upside guidance after the close. Fitch keeps Spain’s credit rating at A- pending 2019 draft budget being passed. Lands’ End (LE)  fires Chief Merchandising Office Gill Hong and eliminates the position. Eaton Vance (EV) sees Assets Under Management (AUM) drop to $423.1 billion from $439.2 billion on October 31st. Southwest Air (LUV) and Teamsters reach a deal for 300 material specialists. Microsoft (MSFT) picks up $1.76 billion five year Navy contract. General Electric (GE) Medical Systems wins $450 million government contract. Notable Weekend Readings: FBI opened investigation into whether President Trump was working with the Russians after Trump fired FBI Director James Comey. (NYT) The White House considered striking Iran in September.  (WSJ) Greek Prime Minister Tspiras…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck:  prices this morning. IPO Filings After The Close: Secondary Filings:   GOOD JBHT mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: none of note Missed: none of note  News After The Close: Viacom (VIAB) may bid for Tubi TV per the information.com. Yeti Holdings (YETI) and Boot Barn (BOOT) each announced upside guidance after the close. Fitch keeps Spain’s credit rating at A- pending 2019 draft budget being passed. Lands’ End (LE)  fires Chief Merchandising Office Gill Hong and eliminates the position. Eaton Vance (EV) sees Assets Under Management (AUM) drop to $423.1 billion from $439.2 billion on October 31st. Southwest Air (LUV) and Teamsters reach a deal for 300 material specialists. Microsoft (MSFT) picks up $1.76 billion five year Navy contract. General Electric (GE) Medical Systems wins $450 million government contract. Notable Weekend Readings: FBI opened investigation into whether President Trump was working with the Russians after Trump fired FBI Director James Comey. (NYT) The White House considered striking Iran in September.  (WSJ) Greek Prime Minister Tspiras…

Morning Note – 1/11/19

Morning Note

Morning Note

posted by CAPIS on 01/11/2019 at 7:41 am
by CAPIS on 01/11/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck: SECO prices this morning . IPO Filings After The Close: Secondary Filings:  common stock. DLR TRGP bond offering. Courtesy of IPO Financial Earnings After The Close: Beat: SNX +0.40 Higher Guidance: SNX News After The Close: Hawaiian Holdings (HA) raised Q4 guidance for unit revenue growth. Arch Capital (ACGL) to take pre-tax loss of $110 to $130 million due to Hurricane Michael and California wildfires. Urban Outfitters (URBN) sees holiday comp sales up 5.1%. Twilio (TWLO) names Chee Chew as Chief Product Officer, former Amazon and Google executive. More Assets Under Management (AUM) Updates. Artisan Partners (APAM) sees AUM drop to $96.2 billion from$105.4 billion. Invesco (IVZ) sees AUM drop 4.1% to $882. billion. Alliance Bernstein (AB) sees AUM drop to $516 million from $533 billion. Waddell & Reed (WDR) sees assets drop t0 $65.8 bilion from $72 billion. Virtus Investment Partners (VRTS) sees AUM drop to $92.3 billion from $105.6 billion. PG&E (PCG) sees Moody’s downgrade to Ba3 from B2. Potential for more downgrades noted the ratings agency. Q4 Global…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Government shutdown may delay filings. Secondaries on deck: SECO prices this morning . IPO Filings After The Close: Secondary Filings:  common stock. DLR TRGP bond offering. Courtesy of IPO Financial Earnings After The Close: Beat: SNX +0.40 Higher Guidance: SNX News After The Close: Hawaiian Holdings (HA) raised Q4 guidance for unit revenue growth. Arch Capital (ACGL) to take pre-tax loss of $110 to $130 million due to Hurricane Michael and California wildfires. Urban Outfitters (URBN) sees holiday comp sales up 5.1%. Twilio (TWLO) names Chee Chew as Chief Product Officer, former Amazon and Google executive. More Assets Under Management (AUM) Updates. Artisan Partners (APAM) sees AUM drop to $96.2 billion from$105.4 billion. Invesco (IVZ) sees AUM drop 4.1% to $882. billion. Alliance Bernstein (AB) sees AUM drop to $516 million from $533 billion. Waddell & Reed (WDR) sees assets drop t0 $65.8 bilion from $72 billion. Virtus Investment Partners (VRTS) sees AUM drop to $92.3 billion from $105.6 billion. PG&E (PCG) sees Moody’s downgrade to Ba3 from B2. Potential for more downgrades noted the ratings agency. Q4 Global…

Morning Note – 1/10/19

Morning Note

Morning Note

posted by CAPIS on 01/09/2019 at 5:26 pm
by CAPIS on 01/09/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Secondaries on deck: pricings this morning . IPO Filings After The Close: Secondary Filings:  common stock. Courtesy of IPO Financial Earnings After The Close: Beat: KBH +.02 BBBY +.01 PSMT +.01 Met: WDFC Missed:  Higher Guidance: BBBY Lower Guidance: News After The Close: Zumiez (ZUMZ) reports December Comps +4.9% versus November and +7.9% a year ago, raises guidance. Costco (COST) reports December Comps +9.2% versus November and +11.50% a year ago. Union Pacific (UNP) updates their guidance. December carloadings stronger than expected with international container imports. Asset manager updates to AUM. Cohen & Steers (CNS) $54.8 billion vs. $58.6 billion in November. Franklin Resources (BEN) $649.9 billion in December versus $683.3 billion. Victory Capital (VCTR) $52.8 billion vs. $63.6 billion on September 30th. Hourly Action This Past Week: Stocks saw some early weakness and then again from 2:00-3:00 p.m. but for the most part is it was a positive day. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P -15, Dow Jones -107,  NDX -43 and Russell 2000 -7 with fair values HIGHER ADDING TO…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019. Secondaries on deck: pricings this morning . IPO Filings After The Close: Secondary Filings:  common stock. Courtesy of IPO Financial Earnings After The Close: Beat: KBH +.02 BBBY +.01 PSMT +.01 Met: WDFC Missed:  Higher Guidance: BBBY Lower Guidance: News After The Close: Zumiez (ZUMZ) reports December Comps +4.9% versus November and +7.9% a year ago, raises guidance. Costco (COST) reports December Comps +9.2% versus November and +11.50% a year ago. Union Pacific (UNP) updates their guidance. December carloadings stronger than expected with international container imports. Asset manager updates to AUM. Cohen & Steers (CNS) $54.8 billion vs. $58.6 billion in November. Franklin Resources (BEN) $649.9 billion in December versus $683.3 billion. Victory Capital (VCTR) $52.8 billion vs. $63.6 billion on September 30th. Hourly Action This Past Week: Stocks saw some early weakness and then again from 2:00-3:00 p.m. but for the most part is it was a positive day. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P -15, Dow Jones -107,  NDX -43 and Russell 2000 -7 with fair values HIGHER ADDING TO…

Morning Note – 1/9/19

Morning Note

Morning Note

posted by CAPIS on 01/09/2019 at 7:56 am
by CAPIS on 01/09/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries pricing this morning NYMT and expect it to trade higher. IPO Filings After The Close: Secondary Filings: NYMT GTN AMRS common stock. Courtesy of IPO Financial Earnings After The Close: Missed: SGH $-0.02 KSHB $0.07 Lower Guidance: SGH Index Additions: NEO to join S&P 600 on open 1/14. Dividend Cuts: TOO News After The Close: The World Bank lowers growth worldwide to 2.9%. Skyworks Solution (SKWS) cuts Q1 guidance, Apple supplier. Sirius (SIRI) beats 2018 subscriber guidance, raises 2019 estimates. Antero Resources (AR) forecasts 2019 production increases by 17 to 20% and a lower capital budget. Gives guidance for the year as well. Federal Reserve Board to raise state member banks stress tests. Comment period to 2/19/19. Herbalife (HLF) Michael Johns the Executive Chairman is back as Interim CEO after CEO Richard Goudis resigns  due to failing to adhere to company standards. Bloomberg reports CBS Corp (CBS) Board to discuss Viacom (VIAB) merger. Hourly Action This Past Week: Stocks saw some early weakness and then again from 2:00-3:00 p.m. but for the most part is it…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries pricing this morning NYMT and expect it to trade higher. IPO Filings After The Close: Secondary Filings: NYMT GTN AMRS common stock. Courtesy of IPO Financial Earnings After The Close: Missed: SGH $-0.02 KSHB $0.07 Lower Guidance: SGH Index Additions: NEO to join S&P 600 on open 1/14. Dividend Cuts: TOO News After The Close: The World Bank lowers growth worldwide to 2.9%. Skyworks Solution (SKWS) cuts Q1 guidance, Apple supplier. Sirius (SIRI) beats 2018 subscriber guidance, raises 2019 estimates. Antero Resources (AR) forecasts 2019 production increases by 17 to 20% and a lower capital budget. Gives guidance for the year as well. Federal Reserve Board to raise state member banks stress tests. Comment period to 2/19/19. Herbalife (HLF) Michael Johns the Executive Chairman is back as Interim CEO after CEO Richard Goudis resigns  due to failing to adhere to company standards. Bloomberg reports CBS Corp (CBS) Board to discuss Viacom (VIAB) merger. Hourly Action This Past Week: Stocks saw some early weakness and then again from 2:00-3:00 p.m. but for the most part is it…

Morning Note – 1/8/19

Morning Note

Morning Note

posted by CAPIS on 01/08/2019 at 7:45 am
by CAPIS on 01/08/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: Anchiano Therapeutics files to list in the U.S., currently in Tel Aviv Exchange. Secondary Filings: NLY SMTX CFX AXSM common stock;  APH notes announced. Courtesy of IPO Financial News After The Close: Union Pacific (UNP) names Jim Vena as COO, was former CNI executive, NovoCure (NVCR) gives upside guidance, United Continental (UAL) to take $206 million charge on Hong Kong routes. Hourly Action This Past Week: Stocks were strong yesterday with stocks up for most of the day aside from weakness 1:00 to 3:00. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +18.50, Dow Jones +199,  NDX +50.50 and Russell 2000 +9 with fair values MOSTLY LOWER HELPING GAINS.  Asia and Europe higher this morning. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury price 121.96 with yields higher since Monday morning. Prices as of 8:15 a.m. EDT.…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: Anchiano Therapeutics files to list in the U.S., currently in Tel Aviv Exchange. Secondary Filings: NLY SMTX CFX AXSM common stock;  APH notes announced. Courtesy of IPO Financial News After The Close: Union Pacific (UNP) names Jim Vena as COO, was former CNI executive, NovoCure (NVCR) gives upside guidance, United Continental (UAL) to take $206 million charge on Hong Kong routes. Hourly Action This Past Week: Stocks were strong yesterday with stocks up for most of the day aside from weakness 1:00 to 3:00. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +18.50, Dow Jones +199,  NDX +50.50 and Russell 2000 +9 with fair values MOSTLY LOWER HELPING GAINS.  Asia and Europe higher this morning. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury price 121.96 with yields higher since Monday morning. Prices as of 8:15 a.m. EDT.…

Morning Note – 1/7/19

Morning Note

Morning Note

posted by CAPIS on 01/07/2019 at 7:39 am
by CAPIS on 01/07/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings SSNC ALDR common stock; CUE mixed shelf offering announced. Courtesy of IPO Financial News After The Close: Shake Shack (SHAK) CEO to sell up to 13% of holdings. Select Medical (SEM) lowers guidance to $0.97 to $1.13 from $1.26. PG&E (PCG) may file for bankruptcy due to the California wildfires. Repurchase Announcements: CBMG Dividend Suspension: HCLP Hourly Action This Past Week: Stocks were weak yesterday with stocks up only from 11:00 to 12:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +1.50, Dow Jones +45,  NDX -1.50 and Russell 2000 -1 with fair values SLIGHTLY HIGHER CUTTING INTO GAINS.  Asia higher and Europe weak this morning. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price 122.36 with yields higher since Friday morning. Prices as of 8:15 a.m. EDT. Top Sectors…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings SSNC ALDR common stock; CUE mixed shelf offering announced. Courtesy of IPO Financial News After The Close: Shake Shack (SHAK) CEO to sell up to 13% of holdings. Select Medical (SEM) lowers guidance to $0.97 to $1.13 from $1.26. PG&E (PCG) may file for bankruptcy due to the California wildfires. Repurchase Announcements: CBMG Dividend Suspension: HCLP Hourly Action This Past Week: Stocks were weak yesterday with stocks up only from 11:00 to 12:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +1.50, Dow Jones +45,  NDX -1.50 and Russell 2000 -1 with fair values SLIGHTLY HIGHER CUTTING INTO GAINS.  Asia higher and Europe weak this morning. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price 122.36 with yields higher since Friday morning. Prices as of 8:15 a.m. EDT. Top Sectors…

Morning Note – 1/4/19

Morning Note

Morning Note

posted by CAPIS on 01/04/2019 at 7:33 am
by CAPIS on 01/04/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings no common stock or mixed shelf offering announced. Courtesy of IPO Financial Earnings From After the Close: Beat Estiamtes: RECN +.10 Missed Estimates: LNDC -.01 Mixed Guidance: LNDC News After The Close: Square (SQ) hires Amrita Ahuja as new CFO, currently the CFO of Blizzard Entertainment a unit of ATVI who also lost their CFO to Netflix (NFLX) this week. Reata Pharmaceuticals (RETA) completes Phase 2 meeting with FDA for Phase 3 clinical trial of bardoxolne methyl for Polycystic Kidney Disease (PKD). Jazz Pharmaceutical (JAZZ) and Codiak Biosciences announce strategic deal on exosome therapeutics. Leidos Health Sciences (LDOS) received fast track patent for novel peptide based PD-1 checkpoint inhibitors from the U.S. Patent and Trademark Office. API Petroleum Data saw a draw of 4.46 million barrels for Crude Oil and Gasoline had a build of 8 million barrels. Repurchase Announcements: NMFC Hourly Action This Past Week: Stocks were weak yesterday with stocks up only from 11:00 to 12:00 p.m. EDT. Courtesy of…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings no common stock or mixed shelf offering announced. Courtesy of IPO Financial Earnings From After the Close: Beat Estiamtes: RECN +.10 Missed Estimates: LNDC -.01 Mixed Guidance: LNDC News After The Close: Square (SQ) hires Amrita Ahuja as new CFO, currently the CFO of Blizzard Entertainment a unit of ATVI who also lost their CFO to Netflix (NFLX) this week. Reata Pharmaceuticals (RETA) completes Phase 2 meeting with FDA for Phase 3 clinical trial of bardoxolne methyl for Polycystic Kidney Disease (PKD). Jazz Pharmaceutical (JAZZ) and Codiak Biosciences announce strategic deal on exosome therapeutics. Leidos Health Sciences (LDOS) received fast track patent for novel peptide based PD-1 checkpoint inhibitors from the U.S. Patent and Trademark Office. API Petroleum Data saw a draw of 4.46 million barrels for Crude Oil and Gasoline had a build of 8 million barrels. Repurchase Announcements: NMFC Hourly Action This Past Week: Stocks were weak yesterday with stocks up only from 11:00 to 12:00 p.m. EDT. Courtesy of…

Morning Note – 1/3/19

Morning Note

Morning Note

posted by CAPIS on 01/03/2019 at 7:43 am
by CAPIS on 01/03/2019

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings no common stock or mixed shelf offering announced. Courtesy of IPO Financial Earnings From After the Close: none of note. News After The Close: Apple (AAPL) guides revenues lower by $7 billion on slowing iPhone sales in China and emerging markets. Shares at $148. Tim Cook interviewed by CNBC. Ironwood (IRWD) and Allergan (AGN) settle with Mylan (MYL) over LINZESS patents. Nordstrom (JWN) announces the unexpected death of Blake Nordstrom at 58 who was co-President. UDR adds President title to Jerry Davis who has been COO. Fiesta Restaurant (FRGI) CFO Lynn Schweinfurth resigns as of 1/25 as she moves to Red Robin Gourmet (RRGB) in role of EVP and CFO as of 1/28. Tribune Media (TRCO) cuts television stations from 24 markets to Spectrum (CHTR) subscribers which total 6 million viewers and those viewers may not see the NFL playoffs this weekend if on Spectrum. Special Dividend: Dividend Increases: OZK Ticker Changes:. New Stakes: Progenics Pharm (PGNX) sees Point72 take 5.7% stake,…

In After Hours Trading IPOs on deck: IPOs will pick back up in the next couple weeks now that we are in 2019, Secondaries are back in business. IPO Filings After The Close: none of note Secondary Filings no common stock or mixed shelf offering announced. Courtesy of IPO Financial Earnings From After the Close: none of note. News After The Close: Apple (AAPL) guides revenues lower by $7 billion on slowing iPhone sales in China and emerging markets. Shares at $148. Tim Cook interviewed by CNBC. Ironwood (IRWD) and Allergan (AGN) settle with Mylan (MYL) over LINZESS patents. Nordstrom (JWN) announces the unexpected death of Blake Nordstrom at 58 who was co-President. UDR adds President title to Jerry Davis who has been COO. Fiesta Restaurant (FRGI) CFO Lynn Schweinfurth resigns as of 1/25 as she moves to Red Robin Gourmet (RRGB) in role of EVP and CFO as of 1/28. Tribune Media (TRCO) cuts television stations from 24 markets to Spectrum (CHTR) subscribers which total 6 million viewers and those viewers may not see the NFL playoffs this weekend if on Spectrum. Special Dividend: Dividend Increases: OZK Ticker Changes:. New Stakes: Progenics Pharm (PGNX) sees Point72 take 5.7% stake,…

Morning Note – 1/2/19

Morning Note

Morning Note

posted by CAPIS on 01/02/2019 at 7:39 am
by CAPIS on 01/02/2019

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: files IPO for 2019.  TYME MPW common stock; MPW mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  RICK $-0.06. News After The Close: Windstream (WIN) sells Earthlink for $330 million to Trive Capital. Protagonist Therapeutics (PTGX) CFO Thomas O’Neil to resign as of January 11th. Activision Blizzard (ATVI) CFO Spencer Neumann notified for termination of cause unrelated to financial reporting or disclosure issues. Put on paid leave and COO Dennis Durkin assumes duties. See Rags & Mags as Neumann hired this morning by Netflix. Portola Pharmceuticals (PTLA) Chief Medical Officer resigns to go to another pharmaceutical company. Special Dividend: Ticker Change:. Hourly Action This Past Week: Stocks were mixed with a drop to 11:30 a.m. EDT then a rise to 1:30 p.m. EDT follow by a drop to 3:57 p.m. EDT then a rather epic 3 minute pop to close on the highs of the day. Courtesy of Quantitative Partners, Inc.…

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: files IPO for 2019.  TYME MPW common stock; MPW mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  RICK $-0.06. News After The Close: Windstream (WIN) sells Earthlink for $330 million to Trive Capital. Protagonist Therapeutics (PTGX) CFO Thomas O’Neil to resign as of January 11th. Activision Blizzard (ATVI) CFO Spencer Neumann notified for termination of cause unrelated to financial reporting or disclosure issues. Put on paid leave and COO Dennis Durkin assumes duties. See Rags & Mags as Neumann hired this morning by Netflix. Portola Pharmceuticals (PTLA) Chief Medical Officer resigns to go to another pharmaceutical company. Special Dividend: Ticker Change:. Hourly Action This Past Week: Stocks were mixed with a drop to 11:30 a.m. EDT then a rise to 1:30 p.m. EDT follow by a drop to 3:57 p.m. EDT then a rather epic 3 minute pop to close on the highs of the day. Courtesy of Quantitative Partners, Inc.…

Morning Note – 12/31/18

Morning Note

Morning Note

posted by CAPIS on 12/31/2018 at 7:33 am
by CAPIS on 12/31/2018

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: files IPO for 2019. TRXC FRC (reported last week) common stock; CBAY OCUL mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note. News After The Close: Netflix (NFLX) reports that 45 million accounts watched Birdbox in its first seven days. Acadia Realty Trust (AKR) CIO Joel Braun to retire today. Raytheon (RTN) picks up $434.4 million Department of Defense contract as does Boeing (BA) for $400 million. President Trump tweeted Friday night that he had a good call with President Xi of China on Trade. Aquaman (DIS) led the box office for a second week. Special Dividend: AJX Ticker Change: KORS to CPRI on 1/2/19. Hourly Action This Past Week: Stocks were mixed on Friday with no consistent move higher or lower. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +24, Dow Jones +254  NDX +72 and Russell 2000 +11 with fair…

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: files IPO for 2019. TRXC FRC (reported last week) common stock; CBAY OCUL mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note. News After The Close: Netflix (NFLX) reports that 45 million accounts watched Birdbox in its first seven days. Acadia Realty Trust (AKR) CIO Joel Braun to retire today. Raytheon (RTN) picks up $434.4 million Department of Defense contract as does Boeing (BA) for $400 million. President Trump tweeted Friday night that he had a good call with President Xi of China on Trade. Aquaman (DIS) led the box office for a second week. Special Dividend: AJX Ticker Change: KORS to CPRI on 1/2/19. Hourly Action This Past Week: Stocks were mixed on Friday with no consistent move higher or lower. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +24, Dow Jones +254  NDX +72 and Russell 2000 +11 with fair…

Morning Note – 12/28/18

Morning Note

Morning Note

posted by CAPIS on 12/28/2018 at 7:45 am
by CAPIS on 12/28/2018

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: Harpoon Therapeutics files IPO for 2019. KREF RKDA common stock; KREF mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note this week. News After The Close: API Petroleum Data for the week ended 12/21 sees Crude Inventories build by 6.90 million barrels. Gasoline builds by 3.70 million barrels. Lockheed Martin (LMT) picks up $710 million Navy contract. Huntington Ingalls (HII) wins $230 million Navy contract. Dell Computer (DELL) will begin trading today. Dividend Increases: Special Dividend: GBCI, VMST pays special dividend today of $26.81 per share. Repurchase Ammouncements: CRH Index Changes: FRC will join the S&P 500 on January 2nd. Hourly Action This Past Week: Stocks were in trouble until 2:00 a.m. EDT and then it was off to the races. Stocks closed higher. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +10, Dow Jones +111  NDX +18 and Russell 2000 +6…

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. IPO Filings After The Close: Harpoon Therapeutics files IPO for 2019. KREF RKDA common stock; KREF mixed shelf offering. Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note this week. News After The Close: API Petroleum Data for the week ended 12/21 sees Crude Inventories build by 6.90 million barrels. Gasoline builds by 3.70 million barrels. Lockheed Martin (LMT) picks up $710 million Navy contract. Huntington Ingalls (HII) wins $230 million Navy contract. Dell Computer (DELL) will begin trading today. Dividend Increases: Special Dividend: GBCI, VMST pays special dividend today of $26.81 per share. Repurchase Ammouncements: CRH Index Changes: FRC will join the S&P 500 on January 2nd. Hourly Action This Past Week: Stocks were in trouble until 2:00 a.m. EDT and then it was off to the races. Stocks closed higher. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +10, Dow Jones +111  NDX +18 and Russell 2000 +6…

Morning Note – 12/27/18

Morning Note

Morning Note

posted by CAPIS on 12/27/2018 at 7:30 am
by CAPIS on 12/27/2018

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. Filings After The Close: common stock; mixed shelf offering; Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note this week. News After The Close: The Dow Jones Industrial Average had its largest one day point move in the history of the index, 1086 points. Prospect Capital (PSEC) CEO John Barry buys 1.6 million shares. Deerfield Capital Mgmt takes a 5.5% passive stake in Sientra (SIEN). Hourly Action This Past Week: Stocks were mixed until 11:00 a.m. EDT and then it was off to the races. The last time we saw a move like this was the week of July 2nd through July 6th. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P -36.5, Dow Jones -315  NDX -90 and Russell 2000 -19.30 with fair values LOWER LESSENING LOSSES.  Asia mixed with the Nikkei sharply higher and Europe lower this morning over Brexit concerns. Gold and silver higher with copper lower. WTI…

In After Hours Trading IPOs on deck: IPOs are done for the year and we will pick back up in 2019, The likelihood is 90% no more secondaries for the year. That said there still could be some filings announced. Filings After The Close: common stock; mixed shelf offering; Courtesy of IPO Financial Earnings From After the Close:  There are no earnings of note this week. News After The Close: The Dow Jones Industrial Average had its largest one day point move in the history of the index, 1086 points. Prospect Capital (PSEC) CEO John Barry buys 1.6 million shares. Deerfield Capital Mgmt takes a 5.5% passive stake in Sientra (SIEN). Hourly Action This Past Week: Stocks were mixed until 11:00 a.m. EDT and then it was off to the races. The last time we saw a move like this was the week of July 2nd through July 6th. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P -36.5, Dow Jones -315  NDX -90 and Russell 2000 -19.30 with fair values LOWER LESSENING LOSSES.  Asia mixed with the Nikkei sharply higher and Europe lower this morning over Brexit concerns. Gold and silver higher with copper lower. WTI…

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