Morning Note

400 total posts

CAPIS Morning Note – 6/24/19 Merger Monday (See M&A Section)

Morning Note

Morning Note

posted by CAPIS on 06/24/2019 at 7:51 am
by CAPIS on 06/24/2019

Corporate Actions IPOs on deck for This Week:  Another busy one for IPOs with 9 on deck. IPOs on deck for Today:  None of note. Secondaries on deck for Today:   None of note.    Notes Priced:  MIK. Common Stock filings: SCOR VICI. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat: None of note. Missed: None of note. News After The Close: Keurig Dr. Pepper (KDP) withdraws Penafiel mineral spring water that does not meet FDA standard. Federal Reserve notes that DFAST result confirm U.S. bank strength and strong capital levels. Stock Repurchase:   Dividend Increase: What’s Happening This Morning:  U.S. futures: S&P +6.50, Dow Jones +54, NDX +22.50  and Russell 2000 +4.80 with fair values HIGHER HURTING THE OPEN. Asia  and Europe mixed click through for details by country. Gold and silver higher with copper lower. WTI Crude Oil higher  and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price $127.75 from $127.81 with yields lower since Friday morning with the yield at 2.03% from 2.026%. Prices as of 8:25 a.m.…

Corporate Actions IPOs on deck for This Week:  Another busy one for IPOs with 9 on deck. IPOs on deck for Today:  None of note. Secondaries on deck for Today:   None of note.    Notes Priced:  MIK. Common Stock filings: SCOR VICI. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat: None of note. Missed: None of note. News After The Close: Keurig Dr. Pepper (KDP) withdraws Penafiel mineral spring water that does not meet FDA standard. Federal Reserve notes that DFAST result confirm U.S. bank strength and strong capital levels. Stock Repurchase:   Dividend Increase: What’s Happening This Morning:  U.S. futures: S&P +6.50, Dow Jones +54, NDX +22.50  and Russell 2000 +4.80 with fair values HIGHER HURTING THE OPEN. Asia  and Europe mixed click through for details by country. Gold and silver higher with copper lower. WTI Crude Oil higher  and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price $127.75 from $127.81 with yields lower since Friday morning with the yield at 2.03% from 2.026%. Prices as of 8:25 a.m.…

CAPIS Morning Note – June 21st White House Uses Restraint On Iran

Morning Note

Morning Note

posted by CAPIS on 06/21/2019 at 7:52 am
by CAPIS on 06/21/2019

Corporate Actions IPOs on deck for This Week:  Next week another busy one for IPOs with 9 on deck. Several may trade well above their pricing. IPOs on deck for Today:  None of note. Secondaries on deck for Today:  ARE ARTL ASLN BBU BXMT FI INVH LULU  of note.    Notes Priced:   Common Stock filings: ARE BXMT INVH BBU. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: RHT +0.14 of note. Flat: KFY Missed: CGC  -0.66 of note. News After The Close: Chevron (CVX) planning to bid $15 billion for Nova Chemicals. Department of Justice sues to block Quad (QUAD) acquisition of LSC Communications (LKSD). Sealer Air (SEE) fires CFO William Stiehl for cause and names James Sullivan new CFO as of Monday. Stock Repurchase:  CPF Dividend Increase: What’s Happening This Morning:  U.S. futures: S&P -8, Dow Jones -59, NDX -36.75  and Russell 2000 -3.70 with fair values LOWER HELPING THE OPEN EX RUSSELL 2000 WHICH IS HIGHER. Asia  and Europe mixed click through for details by country. Gold higher,silver lower and copper lower. WTI Crude Oil  and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro,…

Corporate Actions IPOs on deck for This Week:  Next week another busy one for IPOs with 9 on deck. Several may trade well above their pricing. IPOs on deck for Today:  None of note. Secondaries on deck for Today:  ARE ARTL ASLN BBU BXMT FI INVH LULU  of note.    Notes Priced:   Common Stock filings: ARE BXMT INVH BBU. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: RHT +0.14 of note. Flat: KFY Missed: CGC  -0.66 of note. News After The Close: Chevron (CVX) planning to bid $15 billion for Nova Chemicals. Department of Justice sues to block Quad (QUAD) acquisition of LSC Communications (LKSD). Sealer Air (SEE) fires CFO William Stiehl for cause and names James Sullivan new CFO as of Monday. Stock Repurchase:  CPF Dividend Increase: What’s Happening This Morning:  U.S. futures: S&P -8, Dow Jones -59, NDX -36.75  and Russell 2000 -3.70 with fair values LOWER HELPING THE OPEN EX RUSSELL 2000 WHICH IS HIGHER. Asia  and Europe mixed click through for details by country. Gold higher,silver lower and copper lower. WTI Crude Oil  and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro,…

CAPIS Morning Note -June 20th 10 Year Yield At 2.00% This Morning

Morning Note

Morning Note

posted by CAPIS on 06/20/2019 at 7:49 am
by CAPIS on 06/20/2019

Crazy Fact Of The Day:  Beyond Meat (BYND) has a market cap that is higher than 80 companies in the S&P 500. (CNBC) Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Akero Therapeutics (AKRO), Atreca (BCEL), Dermavant Sciences (DRMT), Grocery Outlet Holding (GO), Prevail Therapeutics (PRVL), Personalis (PSNL) and South Mountain Merger – Unit (SMMCU) . Direct Listing: Slack (WORK) sets reference price at $26 a share. Secondaries on deck for Today: GNCA SRRK ZYME of note.    Notes Priced:   Common Stock filings: CYRX ELOX LAND SRRK. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: AOBC +0.10, ORCL +0.08 of note. Flat:  None of note. Missed:  SCS -0.03 of note. News After The Close: Money laundering investigation into Deutsche Bank (DB) is gaining traction per The New York Times. Zimmer Biomet (ZBH) CFO to retire in July. Stock Repurchase:   Dividend Increase: Dividend Cut: TWO   What’s Happening This Morning:  U.S. futures: S&P +27.50, Dow Jones +228, NDX +100.50  and Russell 2000 +14.60 with fair values LOWER HELPING THE OPEN EX…

Crazy Fact Of The Day:  Beyond Meat (BYND) has a market cap that is higher than 80 companies in the S&P 500. (CNBC) Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Akero Therapeutics (AKRO), Atreca (BCEL), Dermavant Sciences (DRMT), Grocery Outlet Holding (GO), Prevail Therapeutics (PRVL), Personalis (PSNL) and South Mountain Merger – Unit (SMMCU) . Direct Listing: Slack (WORK) sets reference price at $26 a share. Secondaries on deck for Today: GNCA SRRK ZYME of note.    Notes Priced:   Common Stock filings: CYRX ELOX LAND SRRK. Mixed Shelf Offerings filed:  Convertible Offerings filed:  Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: AOBC +0.10, ORCL +0.08 of note. Flat:  None of note. Missed:  SCS -0.03 of note. News After The Close: Money laundering investigation into Deutsche Bank (DB) is gaining traction per The New York Times. Zimmer Biomet (ZBH) CFO to retire in July. Stock Repurchase:   Dividend Increase: Dividend Cut: TWO   What’s Happening This Morning:  U.S. futures: S&P +27.50, Dow Jones +228, NDX +100.50  and Russell 2000 +14.60 with fair values LOWER HELPING THE OPEN EX…

CAPIS Morning Note – June 18th Federal Reserve Likely To Drop Wording “Patient”

Morning Note

Morning Note

posted by CAPIS on 06/19/2019 at 7:51 am
by CAPIS on 06/19/2019

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today: Stoke Therapeutics (STOK) should see opening price well above it offered price. Secondaries on deck for Today: BHVN CALA KOS KURA QUIK SESN of note.    Notes Priced:   Common Stock filings: KURA GNCA SESN Mixed Shelf Offerings filed:  Convertible Offerings filed: GPRE YY EAF of note. Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: ADBE +0.05 of note. Flat:  JBL, LZB. Missed:  None of note. News After The Close: CBS Corp (CBS) may finally go after Viacom (VIAB) by week’s end. The NY Post reports potential bidders have walked away from NCR Corp (NCR). Genesse & Wyoming (GWR) reports May traffic fell by 9.9%. M/A Com Tech (MTSI) cuts 2019 guidance and announces a restructuring. Inmarsat (IMASY) wins $250 million Defense Information Systems Agency. Granite Construction (GVA) and Teichert win $275 million contract with the California Department of Transportation. Stock Repurchase:   Dividend Increase: Dividend Suspended: GPRE What’s Happening This Morning:  U.S. futures: S&P +0.50, Dow Jones +15, NDX +8  and Russell 2000 +0.60 with fair values LOWER…

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today: Stoke Therapeutics (STOK) should see opening price well above it offered price. Secondaries on deck for Today: BHVN CALA KOS KURA QUIK SESN of note.    Notes Priced:   Common Stock filings: KURA GNCA SESN Mixed Shelf Offerings filed:  Convertible Offerings filed: GPRE YY EAF of note. Senior Notes Files: Courtesy of IPO Financial Earnings After The Close: Beat: ADBE +0.05 of note. Flat:  JBL, LZB. Missed:  None of note. News After The Close: CBS Corp (CBS) may finally go after Viacom (VIAB) by week’s end. The NY Post reports potential bidders have walked away from NCR Corp (NCR). Genesse & Wyoming (GWR) reports May traffic fell by 9.9%. M/A Com Tech (MTSI) cuts 2019 guidance and announces a restructuring. Inmarsat (IMASY) wins $250 million Defense Information Systems Agency. Granite Construction (GVA) and Teichert win $275 million contract with the California Department of Transportation. Stock Repurchase:   Dividend Increase: Dividend Suspended: GPRE What’s Happening This Morning:  U.S. futures: S&P +0.50, Dow Jones +15, NDX +8  and Russell 2000 +0.60 with fair values LOWER…

CAPIS Morning Note – 6/18/19 ECB Head Mario Draghi Floats Rate Cuts

Morning Note

Morning Note

posted by CAPIS on 06/18/2019 at 7:52 am
by CAPIS on 06/18/2019

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Secondaries on deck for Today: RMTI.    Notes Priced:  CBT. Common Stock filings: RMTI CALA SRNE BHVN. Mixed Shelf Offerings filed: BHVN RCKT. Convertible Offerings filed: None of note. Senior Notes Files: SIRI FUN  Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat:  None of note. Missed:  None of note. News After The Close: EQT Corp (EQT) raises Q2 guidance. Cisco (CSCO) wins at $720 million Defense Information Systems Agency Contract. AT&T (T) details new spectrum licenses after close of FCC Auction. Stock Repurchase:   Dividend Increase: CGBD ( Special Dividend) Dividend Decrease:  What’s Happening This Morning:  U.S. futures: S&P +17, Dow Jones +143, NDX +80  and Russell 2000 +9.70 with fair values LOWER ADDING TO GAINS EX RUSSELL 2000 WHICH IS HIGHER. Asia land Europe higher, click through for details by country. Gold,silver and copper higher. WTI Crude Oil higher and Brent Oil Futures lower. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury price $127.75 from $127.14…

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Secondaries on deck for Today: RMTI.    Notes Priced:  CBT. Common Stock filings: RMTI CALA SRNE BHVN. Mixed Shelf Offerings filed: BHVN RCKT. Convertible Offerings filed: None of note. Senior Notes Files: SIRI FUN  Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat:  None of note. Missed:  None of note. News After The Close: EQT Corp (EQT) raises Q2 guidance. Cisco (CSCO) wins at $720 million Defense Information Systems Agency Contract. AT&T (T) details new spectrum licenses after close of FCC Auction. Stock Repurchase:   Dividend Increase: CGBD ( Special Dividend) Dividend Decrease:  What’s Happening This Morning:  U.S. futures: S&P +17, Dow Jones +143, NDX +80  and Russell 2000 +9.70 with fair values LOWER ADDING TO GAINS EX RUSSELL 2000 WHICH IS HIGHER. Asia land Europe higher, click through for details by country. Gold,silver and copper higher. WTI Crude Oil higher and Brent Oil Futures lower. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury price $127.75 from $127.14…

CAPIS Morning Note – 6/17/19 Empire Manufacturing Falls -8.6 From 10.1

Morning Note

Morning Note

posted by CAPIS on 06/17/2019 at 7:44 am
by CAPIS on 06/17/2019

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Secondaries on deck:    Notes Priced:   Common Stock filings: HCR Mixed Shelf Offerings filed: HCR BCS Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:None of note. Flat: None of note. Missed:  None of note. News After The Close: Boeing (BA) wins a $6.5 billion Air Force contract. Moody’s downgrades the debt of Turkey to B1. Stock Repurchase:  TC Dividend Increase: SCVL MATX Dividend Decrease:  What’s Happening This Morning:  U.S. futures: S&P +2, Dow Jones +15, NDX +12  and Russell 2000 +1.30 with fair values LOWER ADDING TO GAINS. Asia lower ex Hong Kong and Europe mixed, click through for details by country. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price $127.14 from $127.55 with yields higher since Friday morning with the yield at 2.108% from 2.077%. Prices as of 8:25 a.m. EDT. Top Sectors Friday: …

Corporate Actions IPOs on deck for This Week:  A busy week for IPOs with 8 on deck. Several may trade well above their pricing. IPOs on deck for Today:  Secondaries on deck:    Notes Priced:   Common Stock filings: HCR Mixed Shelf Offerings filed: HCR BCS Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:None of note. Flat: None of note. Missed:  None of note. News After The Close: Boeing (BA) wins a $6.5 billion Air Force contract. Moody’s downgrades the debt of Turkey to B1. Stock Repurchase:  TC Dividend Increase: SCVL MATX Dividend Decrease:  What’s Happening This Morning:  U.S. futures: S&P +2, Dow Jones +15, NDX +12  and Russell 2000 +1.30 with fair values LOWER ADDING TO GAINS. Asia lower ex Hong Kong and Europe mixed, click through for details by country. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price $127.14 from $127.55 with yields higher since Friday morning with the yield at 2.108% from 2.077%. Prices as of 8:25 a.m. EDT. Top Sectors Friday: …

CAPIS Morning Note -6/14/19 President Trump Interviewed On Fox This Morning

Morning Note

Morning Note

posted by CAPIS on 06/14/2019 at 7:51 am
by CAPIS on 06/14/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today: Chewy (CHWY)    Secondaries on deck:   KRNT MCRB  Notes Priced:   Common Stock filings: ITI SRT  Mixed Shelf Offerings filed: STXB Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  AVGO +0.03  Flat: None of note. Missed:  None of note. News After The Close: 3M (MMM) settles patent infringement action with Tovis and Scientific Games. Louisiana Pacific (LPX) to stop production of oriented stand board at its Peace Valley facility in Q3. President Trump announces that Press Secretary Sarah Huckabee Sanders will be leaving. Blue Apron (APRN) to hold a reverse split of 1-15. Stock Repurchase:   Dividend Increase: WPC. Dividend Decrease: ANH NLY. What’s Happening This Morning:  U.S. futures: S&P -9, Dow Jones -51 NDX -61  and Russell 2000 -3.40 with fair values MIXED. Asia mixed and Europe lower, click through for details by country. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures mixedr. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today: Chewy (CHWY)    Secondaries on deck:   KRNT MCRB  Notes Priced:   Common Stock filings: ITI SRT  Mixed Shelf Offerings filed: STXB Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  AVGO +0.03  Flat: None of note. Missed:  None of note. News After The Close: 3M (MMM) settles patent infringement action with Tovis and Scientific Games. Louisiana Pacific (LPX) to stop production of oriented stand board at its Peace Valley facility in Q3. President Trump announces that Press Secretary Sarah Huckabee Sanders will be leaving. Blue Apron (APRN) to hold a reverse split of 1-15. Stock Repurchase:   Dividend Increase: WPC. Dividend Decrease: ANH NLY. What’s Happening This Morning:  U.S. futures: S&P -9, Dow Jones -51 NDX -61  and Russell 2000 -3.40 with fair values MIXED. Asia mixed and Europe lower, click through for details by country. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures mixedr. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price…

CAPIS Morning Note – 6/13/19 Tankers Attacked In The Strait of Hormuz

Morning Note

Morning Note

posted by CAPIS on 06/13/2019 at 8:04 am
by CAPIS on 06/13/2019

Interesting Fact Of The Day: Americans averaged 6.3 hours a day on digital media according to Mary Meeker in her yearly tech trends report. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Flyerr International (FVRR) and Mohawk Group Holdings (MWK)   Secondaries on deck:  HTGC ICAD LAUR SHSP  Notes Priced:   Common Stock filings:  MCRB Mixed Shelf Offerings filed: None of note. Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RH +0.32, OXM +0.09, TLRD +0.06, LULU +0.04 of note. Flat: Missed:   News After The Close: The House Oversight and Reform Committee voted to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt. Savara (SVRA) announces IMPALA Phase 2 study did not meet endpoints. Huntington Ingalls (HII) wins a $690 million Navy contract. Stock Repurchase:  GNTY AER. Dividend Increase: TGT What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P +15, Dow Jones +96 NDX +67  and Russell 2000 +9.30 with fair values MIXED. Asia and Europe mixed, click through for details by country. Gold and silver higher with copper lower. WTI Crude and…

Interesting Fact Of The Day: Americans averaged 6.3 hours a day on digital media according to Mary Meeker in her yearly tech trends report. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Flyerr International (FVRR) and Mohawk Group Holdings (MWK)   Secondaries on deck:  HTGC ICAD LAUR SHSP  Notes Priced:   Common Stock filings:  MCRB Mixed Shelf Offerings filed: None of note. Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RH +0.32, OXM +0.09, TLRD +0.06, LULU +0.04 of note. Flat: Missed:   News After The Close: The House Oversight and Reform Committee voted to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt. Savara (SVRA) announces IMPALA Phase 2 study did not meet endpoints. Huntington Ingalls (HII) wins a $690 million Navy contract. Stock Repurchase:  GNTY AER. Dividend Increase: TGT What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P +15, Dow Jones +96 NDX +67  and Russell 2000 +9.30 with fair values MIXED. Asia and Europe mixed, click through for details by country. Gold and silver higher with copper lower. WTI Crude and…

CAPIS Morning Note – 6/12/19 Watch Hong Kong Protests Closely

Morning Note

Morning Note

posted by CAPIS on 06/12/2019 at 7:54 am
by CAPIS on 06/12/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Mohawk Group Holdings (MWK) and CrowdStrike Holdings (CRWD)  of note. Secondaries on deck:  SMAR AAT GTLS of note. Notes Priced: VOYA ZNGA of note. Common Stock filings:  None of note. Mixed Shelf Offerings filed: None of note. Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat: None of note. Missed:  PLAY (0.01) of note. News After The Close: MagnaChip Semi (MX) raises Q2 revenue and gross margin guidance. Dassault (DASTY) rumored to be close to buying Medidata Solutions (MDSO). Interpublic (IPG) CFO will retire at year end. Hedge Fund Investor Bill Ackman lays out concerns on UTX/RTN deal. Mattel (MAT) rumored to turn down deal from MGA Entertainment. Citi Trends (CTRN) CEO Bruce Smith resigns. Stock Repurchase:  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P -8, Dow Jones -74 NDX -35  and Russell 2000 -3.10 with fair values MIXED. Asia and Europe mixed to lower, click through for details by country. Gold and silver higher with copper lower. WTI Crude…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Mohawk Group Holdings (MWK) and CrowdStrike Holdings (CRWD)  of note. Secondaries on deck:  SMAR AAT GTLS of note. Notes Priced: VOYA ZNGA of note. Common Stock filings:  None of note. Mixed Shelf Offerings filed: None of note. Convertible Offerings filed: None of note. Senior Notes Files: None of note. Courtesy of IPO Financial Earnings After The Close: Beat: None of note. Flat: None of note. Missed:  PLAY (0.01) of note. News After The Close: MagnaChip Semi (MX) raises Q2 revenue and gross margin guidance. Dassault (DASTY) rumored to be close to buying Medidata Solutions (MDSO). Interpublic (IPG) CFO will retire at year end. Hedge Fund Investor Bill Ackman lays out concerns on UTX/RTN deal. Mattel (MAT) rumored to turn down deal from MGA Entertainment. Citi Trends (CTRN) CEO Bruce Smith resigns. Stock Repurchase:  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P -8, Dow Jones -74 NDX -35  and Russell 2000 -3.10 with fair values MIXED. Asia and Europe mixed to lower, click through for details by country. Gold and silver higher with copper lower. WTI Crude…

CAPIS Morning Note – 6/11/19 CVS Deal To Be Blocked?

Morning Note

Morning Note

posted by CAPIS on 06/11/2019 at 7:48 am
by CAPIS on 06/11/2019

You Can’t Make This Stuff Up: Federal Judge may try to block CVS Corp (CVS) merger of Aetna, The deal has already closed. (NY Post) Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs and several hot deals this week. IPOs on deck for Today:  Mohawk Group Holdings (MWK) of note. Secondaries on deck:  AVLR of note. Notes Priced: None of note. Common Stock filings:  AAT D PRVB . Mixed Shelf Offerings filed: TRV. Convertible Offerings filed: ZNGA VG. Senior Notes Files: CLMS. Courtesy of IPO Financial Earnings After The Close: Beat:   CASY +0.15,  ASNA +0.11 of note. Flat: None of note. Missed:  AGX -1.79, LOVE -0.10 of note. News After The Close: Barnes & Noble (BKS) may see other bids for the company. Allegiant Travel (ALGT) seeks passenger traffic up +12.3% and revenues passenger miles +10.3%. Phillips 66 (PSX) and Plains All American (PAA) set up JV to build a pipeline to the Gulf Coast to ship overseas. Valens expands deal with Tilray (TLRY). PolyOne (POL) raises guidance for Q2. Lockheed Martin (LMT) wins $540 million Navy contract. Stock Repurchase:  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures:…

You Can’t Make This Stuff Up: Federal Judge may try to block CVS Corp (CVS) merger of Aetna, The deal has already closed. (NY Post) Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs and several hot deals this week. IPOs on deck for Today:  Mohawk Group Holdings (MWK) of note. Secondaries on deck:  AVLR of note. Notes Priced: None of note. Common Stock filings:  AAT D PRVB . Mixed Shelf Offerings filed: TRV. Convertible Offerings filed: ZNGA VG. Senior Notes Files: CLMS. Courtesy of IPO Financial Earnings After The Close: Beat:   CASY +0.15,  ASNA +0.11 of note. Flat: None of note. Missed:  AGX -1.79, LOVE -0.10 of note. News After The Close: Barnes & Noble (BKS) may see other bids for the company. Allegiant Travel (ALGT) seeks passenger traffic up +12.3% and revenues passenger miles +10.3%. Phillips 66 (PSX) and Plains All American (PAA) set up JV to build a pipeline to the Gulf Coast to ship overseas. Valens expands deal with Tilray (TLRY). PolyOne (POL) raises guidance for Q2. Lockheed Martin (LMT) wins $540 million Navy contract. Stock Repurchase:  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures:…

CAPIS Morning Note – 6/10/19 Merger Monday

Morning Note

Morning Note

posted by CAPIS on 06/10/2019 at 7:51 am
by CAPIS on 06/10/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs and several hot deals this week. IPOs on deck for Today:  None of note. Secondaries on deck: None of note. Notes Priced: None of note. Common Stock filings: GNCA . Mixed Shelf Offerings filed: MHO . Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Flat: None of note. Missed:  None of note. News After The Close: Quanex (NX) names Scott Zuehle as Interim CEO. Alliance Data (ADS) names Melisa Miller as CEO and Tim King as CFO as of June 5th. Uber (UBER) COO Barney Hartford and CMO Rebecca Messina are leaving the company. Lockheed Martin (LMT) wins a $1.8 billion Navy contract. Northrup Grumman (NOC) wins a $958 million Navy contract. President Trump ends potential tariffs against Mexico after the close. Stock Repurchase: TRST  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P +13.50, Dow Jones +131 NDX +45  and Russell 2000 +6 with fair values MIXED. Asia and Europe higher, click through for details by country. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs and several hot deals this week. IPOs on deck for Today:  None of note. Secondaries on deck: None of note. Notes Priced: None of note. Common Stock filings: GNCA . Mixed Shelf Offerings filed: MHO . Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Flat: None of note. Missed:  None of note. News After The Close: Quanex (NX) names Scott Zuehle as Interim CEO. Alliance Data (ADS) names Melisa Miller as CEO and Tim King as CFO as of June 5th. Uber (UBER) COO Barney Hartford and CMO Rebecca Messina are leaving the company. Lockheed Martin (LMT) wins a $1.8 billion Navy contract. Northrup Grumman (NOC) wins a $958 million Navy contract. President Trump ends potential tariffs against Mexico after the close. Stock Repurchase: TRST  Dividend Increase:  What’s Happening This Morning: Futures on the S&P 500  U.S. futures: S&P +13.50, Dow Jones +131 NDX +45  and Russell 2000 +6 with fair values MIXED. Asia and Europe higher, click through for details by country. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $…

CAPIS Morning Note- 6/7/19 Jobs Come In At 75,000 Against Estimates Of 175,000

Morning Note

Morning Note

posted by CAPIS on 06/07/2019 at 7:42 am
by CAPIS on 06/07/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Haymaker Acquisition Corp II Unit (HYACU) and Revolve Group (RVLV). Secondaries on deck:  ATUS CTHR . Notes Priced: COUP  Courtesy of IPO Financial Earnings After The Close: Beat:  DOMO +0.20, ZUMZ +0.12, MTN +0.08, PRSP +0.07, OLLI +0.02, DOCU +0.02, ZM +0.02, GES +0.01, BYND +0.01  Flat: PD. Missed:  THR (0.01)  Positive Guidance:   Lower Guidance:  News After The Close: The latest traffic numbers from Hawaiian Holdings (HA) saw a jump of 5.8% year over year. Impinj (PI) files lawsuit over patent infringement against NXP Semiconductors (NXPI). Stock Repurchase:  Dividend Increase: WRB (plus a special dividend of $0.50) What’s Happening This Morning: Futures on the S&P 500 rose into the Job’s number at 8:30 a.m. EDT but have given up some of those gains. U.S. futures: S&P +5, Dow Jones +27 NDX +16  and Russell 2000 +4.6 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe higher, click through for details by country. Gold,silver and copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, lower vs. Pound and higher vs. Yen.…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Haymaker Acquisition Corp II Unit (HYACU) and Revolve Group (RVLV). Secondaries on deck:  ATUS CTHR . Notes Priced: COUP  Courtesy of IPO Financial Earnings After The Close: Beat:  DOMO +0.20, ZUMZ +0.12, MTN +0.08, PRSP +0.07, OLLI +0.02, DOCU +0.02, ZM +0.02, GES +0.01, BYND +0.01  Flat: PD. Missed:  THR (0.01)  Positive Guidance:   Lower Guidance:  News After The Close: The latest traffic numbers from Hawaiian Holdings (HA) saw a jump of 5.8% year over year. Impinj (PI) files lawsuit over patent infringement against NXP Semiconductors (NXPI). Stock Repurchase:  Dividend Increase: WRB (plus a special dividend of $0.50) What’s Happening This Morning: Futures on the S&P 500 rose into the Job’s number at 8:30 a.m. EDT but have given up some of those gains. U.S. futures: S&P +5, Dow Jones +27 NDX +16  and Russell 2000 +4.6 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe higher, click through for details by country. Gold,silver and copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, lower vs. Pound and higher vs. Yen.…

CAPIS Morning Note – 6/6/19

Morning Note

Morning Note

posted by CAPIS on 06/06/2019 at 7:47 am
by CAPIS on 06/06/2019

Celebrations of Heroes: 75 years ago the Bedford Boys from Beford, VA stormed Normandy and all 30 died. Never forget. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  GigCapital2 (GIX/U) and GSX Techedu (GSX) Secondaries on deck: ARES ATH AVLR BJ  DSGX DSS FRPT IIV ORTX QTWO VRRM  Notes Priced:   Other Filings of Note:   EQR files mixed shelf offering.   BJ FRPT files common stock offering.  I VST files senior notes.   COUP files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:   CMTL +0.16, CLDR +0.10, SFIX +0.10, UNFI +0.09, SMAR +0.06, ABM +0.05, GEF +0.02, MDB +0.02 of note. Flat: ESTC, FIVE. Missed:  REVG (0.01)  Positive Guidance:   Lower Guidance:  Still To Report: AGX News After The Close: Scotts Miracle-Gro (SMG) raises guidance on strength with U.S. consumer and Hawthorne segments. Cloudera (CLDR) CEO to retire and stock freefalls. Costco (COST) May Sales +4.2% after rising 5.4% in April. Casey’s General (CASY) names Darren Rebelez as new CEO. Mexico calls for U.S. to redirect funding at the border. Moody’s cuts Mexico to negative from stable. Fitch downgrades  to BBB from BBB+. Stock Repurchase:  Dividend Increase:…

Celebrations of Heroes: 75 years ago the Bedford Boys from Beford, VA stormed Normandy and all 30 died. Never forget. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  GigCapital2 (GIX/U) and GSX Techedu (GSX) Secondaries on deck: ARES ATH AVLR BJ  DSGX DSS FRPT IIV ORTX QTWO VRRM  Notes Priced:   Other Filings of Note:   EQR files mixed shelf offering.   BJ FRPT files common stock offering.  I VST files senior notes.   COUP files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:   CMTL +0.16, CLDR +0.10, SFIX +0.10, UNFI +0.09, SMAR +0.06, ABM +0.05, GEF +0.02, MDB +0.02 of note. Flat: ESTC, FIVE. Missed:  REVG (0.01)  Positive Guidance:   Lower Guidance:  Still To Report: AGX News After The Close: Scotts Miracle-Gro (SMG) raises guidance on strength with U.S. consumer and Hawthorne segments. Cloudera (CLDR) CEO to retire and stock freefalls. Costco (COST) May Sales +4.2% after rising 5.4% in April. Casey’s General (CASY) names Darren Rebelez as new CEO. Mexico calls for U.S. to redirect funding at the border. Moody’s cuts Mexico to negative from stable. Fitch downgrades  to BBB from BBB+. Stock Repurchase:  Dividend Increase:…

CAPIS Morning Note – 6/5/19 Indexes Reverse Break Of Some Major Moving Averages

Morning Note

Morning Note

posted by CAPIS on 06/05/2019 at 7:43 am
by CAPIS on 06/05/2019

Market Moving Stat: ADP Payroll just came in at 27,000 with an estimate of 170,000. Watch to see how stocks handle this number. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  None of note. Secondaries on deck: EQH KMPR OPRX  SIEN NWN  of note. Notes Priced: NMFC of note. Other Filings of Note:   ALTR files mixed shelf offering.  DSGX NWNKMPR QTWO EQH  files common stock offering.   ALTR files senior notes.  QTWO files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  GME +0.10, GWRE +0.10, AMBA +0.07, NX +0.07, CRM +0.05, PVTL +0.02 of note. Flat: none Missed:  HQY (0.03) Positive Guidance: AMBA HQY  Lower Guidance: GWRE GME NX Still To Report:  News After The Close: Revision to 2019 global growth from The World Bank. Now 2.6% from 2.9%.  Weak trade the reason. April Global Semiconductor  Sales came in at $32.1 billion, down 14.6% year over year reports the Semiconductor Industry Association. President & COO Thomas McDonough of Tanger Factory (SKT) will retire at the end of 2019. L3 (LLL) wins $500 million Air Force contract. Stock Repurchase: of note. Dividend Increase: UNH of note. Index…

Market Moving Stat: ADP Payroll just came in at 27,000 with an estimate of 170,000. Watch to see how stocks handle this number. Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  None of note. Secondaries on deck: EQH KMPR OPRX  SIEN NWN  of note. Notes Priced: NMFC of note. Other Filings of Note:   ALTR files mixed shelf offering.  DSGX NWNKMPR QTWO EQH  files common stock offering.   ALTR files senior notes.  QTWO files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  GME +0.10, GWRE +0.10, AMBA +0.07, NX +0.07, CRM +0.05, PVTL +0.02 of note. Flat: none Missed:  HQY (0.03) Positive Guidance: AMBA HQY  Lower Guidance: GWRE GME NX Still To Report:  News After The Close: Revision to 2019 global growth from The World Bank. Now 2.6% from 2.9%.  Weak trade the reason. April Global Semiconductor  Sales came in at $32.1 billion, down 14.6% year over year reports the Semiconductor Industry Association. President & COO Thomas McDonough of Tanger Factory (SKT) will retire at the end of 2019. L3 (LLL) wins $500 million Air Force contract. Stock Repurchase: of note. Dividend Increase: UNH of note. Index…

CAPIS Morning Note – 6/4/19 Indexes Now Below Major Moving Averages

Morning Note

Morning Note

posted by CAPIS on 06/04/2019 at 7:49 am
by CAPIS on 06/04/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Gig Capital2 (GIX/U) of note, could be tomorrow. Secondaries on deck:   VTR of note. Notes Priced: None of note. Other Filings of Note:  EPR KNSA SRRK files mixed shelf offering.  SIEN VTR ORTX IIIV VRRM EVOP KNSA files common stock offering.  NMFC files senior notes.  files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  COUP +0.07, BOX +0.02, CAL +0.01 of note. Flat:  Missed: GSM (0.02) Still To Report:  News After The Close: Avalon Bay (AVB) saw April and May rose 3.4%. Stock Repurchase: CLR of note. Dividend Increase: None of note. Index Changes: Bemis (BMS) moves to the S&P 500. Mattel (MAT) moves to the S&P 400 Mid Cap. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P +14.50, Dow Jones +136 NDX +43   and Russell 2000 +11.60 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe mixed, click through for details by country. Gold higher with silver lower and copper lower. WTI Crude higher and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs. IPOs on deck for Today:  Gig Capital2 (GIX/U) of note, could be tomorrow. Secondaries on deck:   VTR of note. Notes Priced: None of note. Other Filings of Note:  EPR KNSA SRRK files mixed shelf offering.  SIEN VTR ORTX IIIV VRRM EVOP KNSA files common stock offering.  NMFC files senior notes.  files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  COUP +0.07, BOX +0.02, CAL +0.01 of note. Flat:  Missed: GSM (0.02) Still To Report:  News After The Close: Avalon Bay (AVB) saw April and May rose 3.4%. Stock Repurchase: CLR of note. Dividend Increase: None of note. Index Changes: Bemis (BMS) moves to the S&P 500. Mattel (MAT) moves to the S&P 400 Mid Cap. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P +14.50, Dow Jones +136 NDX +43   and Russell 2000 +11.60 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe mixed, click through for details by country. Gold higher with silver lower and copper lower. WTI Crude higher and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower…

CAPIS Morning Note – The Week Ahead

Morning Note

Morning Note

posted by CAPIS on 06/03/2019 at 7:47 am
by CAPIS on 06/03/2019

Due to some early morning travel we are doing something different for today. We are producing The Week Ahead which we write for Phil Erlanger Research, Inc. each week. Our normal format returns tomorrow. Summary of Last Week The NASDAQ 100 was lower as were the Dow Jones Industrial Average, S&P 100 and Russell 2000 last week. The Big Picture [monthly bias] for the S&P 100, Dow Jones Industrial Average and NASDAQ 100 moved from positive to neutral on the monthly DMA Channel at the end of May. The Russell 2000 is still negative on the monthly; it has yet to turn positive. For the Russell 2000 to move out of negative bias situation it must close a month above the monthly DMA Channel. Despite the move to neutral on the other indexes, we would stay with their long bias. The 14-day choppiness index for the NASDAQ 100 moved to 47 from 50, and the S&P 100 moved to 47 from 56. The Dow Jones Industrial Average 14-day choppiness index moved to 52 from 58. The Russell 2000 moved to 41 from 49.  The Choppiness index ranges from 0 to 100, and the lower it goes the more a trend…

Due to some early morning travel we are doing something different for today. We are producing The Week Ahead which we write for Phil Erlanger Research, Inc. each week. Our normal format returns tomorrow. Summary of Last Week The NASDAQ 100 was lower as were the Dow Jones Industrial Average, S&P 100 and Russell 2000 last week. The Big Picture [monthly bias] for the S&P 100, Dow Jones Industrial Average and NASDAQ 100 moved from positive to neutral on the monthly DMA Channel at the end of May. The Russell 2000 is still negative on the monthly; it has yet to turn positive. For the Russell 2000 to move out of negative bias situation it must close a month above the monthly DMA Channel. Despite the move to neutral on the other indexes, we would stay with their long bias. The 14-day choppiness index for the NASDAQ 100 moved to 47 from 50, and the S&P 100 moved to 47 from 56. The Dow Jones Industrial Average 14-day choppiness index moved to 52 from 58. The Russell 2000 moved to 41 from 49.  The Choppiness index ranges from 0 to 100, and the lower it goes the more a trend…

CAPIS Morning Note – 5/31/19

Morning Note

Morning Note

posted by CAPIS on 05/31/2019 at 7:05 am
by CAPIS on 05/31/2019

Quick Note – This is an abbreviated updated through 4:00 a.m. EDT. We will also have an abbreviated update on Monday morning. Corporate Actions IPOs on deck for This Week:  None of note. IPOs on deck for Today:  None of note. Secondaries on deck:  AIN NAO FOLD MYOV TWLO  Notes Priced:  AIN  Other Filings of Note:   CMCO PNR files mixed shelf offering. ES files common stock offering. Courtesy of IPO Financial Earnings After The Close: Beat:  DELL +0.25, COST +0.22, COO +0.17, WSM +0.12, YEXT +0.05, VMW +0.04, ZS +0.04, NTNX +0.04, UBER +0.03, ZUO +0.02, MRVL +0.02, OKTA +0.02, ULTA +0.01 of note. Flat:  Missed: RRGB (0.30), GPS (0.08)  Still To Report:  News After The Close: President Trump slaps a 5% tariff on Mexico effective  through a Tweet and threatens to up to 25%. Mexico threatens to counter. President Trump seeking to accelerate the congressional vote on USMCA trade deal notes The Washington Post. GameStop (GME) names James Bell as CFO as of Monday morning, June 3rd and Chris Homeister as Chief Merchandising Office as of June 1oth. Royal Gold (RGLD) sees gold reserves drop 8.9% year over year. Stock Repurchase: None of note. Dividend Increase: None of note. Hourly Action This…

Quick Note – This is an abbreviated updated through 4:00 a.m. EDT. We will also have an abbreviated update on Monday morning. Corporate Actions IPOs on deck for This Week:  None of note. IPOs on deck for Today:  None of note. Secondaries on deck:  AIN NAO FOLD MYOV TWLO  Notes Priced:  AIN  Other Filings of Note:   CMCO PNR files mixed shelf offering. ES files common stock offering. Courtesy of IPO Financial Earnings After The Close: Beat:  DELL +0.25, COST +0.22, COO +0.17, WSM +0.12, YEXT +0.05, VMW +0.04, ZS +0.04, NTNX +0.04, UBER +0.03, ZUO +0.02, MRVL +0.02, OKTA +0.02, ULTA +0.01 of note. Flat:  Missed: RRGB (0.30), GPS (0.08)  Still To Report:  News After The Close: President Trump slaps a 5% tariff on Mexico effective  through a Tweet and threatens to up to 25%. Mexico threatens to counter. President Trump seeking to accelerate the congressional vote on USMCA trade deal notes The Washington Post. GameStop (GME) names James Bell as CFO as of Monday morning, June 3rd and Chris Homeister as Chief Merchandising Office as of June 1oth. Royal Gold (RGLD) sees gold reserves drop 8.9% year over year. Stock Repurchase: None of note. Dividend Increase: None of note. Hourly Action This…

CAPIS Morning Note – 5/30/19

Morning Note

Morning Note

posted by CAPIS on 05/30/2019 at 7:37 am
by CAPIS on 05/30/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today:  Proficient Alpha Acquisition Unit (PAACU) and GigCapital2 (GIX/U) of note. Secondaries on deck:  APTO of note. Notes Priced: CNO of note. Other Filings of Note:  TWLO files mixed shelf offering. FOLD MYOV files common stock offering.  files senior notes. MFA EMPH files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  KEYS +0.23, VRNT +0.11, PANW +0.06, VEEV 0.50, PVH +0.01, SMTC +0.01 of note. Flat: TLYS Missed: QADA (0.06), DSGX (0.04) Still To Report:  News After The Close: PC Connections (CNXN) is one of six IT solution providers selected for $3.2 billion Department of Defense Contract. Stock Repurchase: None of note. Dividend Increase: None of note. Hourly Action This  Week: So far this week 2 hours are positive and 5 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P +7, Dow Jones +36 NDX +19   and Russell 2000 +4 with fair values HIGHER LESSENING THE GAIN. Asia mixed and Europe mixed, click…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today:  Proficient Alpha Acquisition Unit (PAACU) and GigCapital2 (GIX/U) of note. Secondaries on deck:  APTO of note. Notes Priced: CNO of note. Other Filings of Note:  TWLO files mixed shelf offering. FOLD MYOV files common stock offering.  files senior notes. MFA EMPH files convertible offering. Courtesy of IPO Financial Earnings After The Close: Beat:  KEYS +0.23, VRNT +0.11, PANW +0.06, VEEV 0.50, PVH +0.01, SMTC +0.01 of note. Flat: TLYS Missed: QADA (0.06), DSGX (0.04) Still To Report:  News After The Close: PC Connections (CNXN) is one of six IT solution providers selected for $3.2 billion Department of Defense Contract. Stock Repurchase: None of note. Dividend Increase: None of note. Hourly Action This  Week: So far this week 2 hours are positive and 5 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P +7, Dow Jones +36 NDX +19   and Russell 2000 +4 with fair values HIGHER LESSENING THE GAIN. Asia mixed and Europe mixed, click…

CAPIS Morning Note – 05/29/19 Trade Concerns Continue

Morning Note

Morning Note

posted by CAPIS on 05/29/2019 at 7:38 am
by CAPIS on 05/29/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today:  Blue Hat Interactive Entertainment (BHAT) of note. Secondaries on deck:  HLI INVH SUI of note. Notes Priced: None of note. Other Filings of Note:  SCOR files mixed shelf offering. SUI AIN INVH files common stock offering.  files senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: CMCO +0.21, HEI +0.11, NXGN +0.07, RAMP +0.04, WDAY +0.02 YY +0.02 of note. Flat: Missed: Still To Report:  News After The Close: Plug Power (PLUG) announces agreement with StreetScooter. Canada suspends Allergan (AGN) licenses for Biocell breast implants. Current CFO to leave CSX Corp (CSX). TrueCar (TRUE) names Noel B. Watson as CFO. Treasury Department releases report on f/x practices of major trading partners to the U.S.  Nothing earth shattering. Stock Repurchase: HUBG Dividend Increase: BMO Hourly Action This  Week: Last week saw 4 hours that were positive and 3 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P -17.50, Dow Jones -174 NDX -61 and Russell 2000…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today:  Blue Hat Interactive Entertainment (BHAT) of note. Secondaries on deck:  HLI INVH SUI of note. Notes Priced: None of note. Other Filings of Note:  SCOR files mixed shelf offering. SUI AIN INVH files common stock offering.  files senior notes. Courtesy of IPO Financial Earnings After The Close: Beat: CMCO +0.21, HEI +0.11, NXGN +0.07, RAMP +0.04, WDAY +0.02 YY +0.02 of note. Flat: Missed: Still To Report:  News After The Close: Plug Power (PLUG) announces agreement with StreetScooter. Canada suspends Allergan (AGN) licenses for Biocell breast implants. Current CFO to leave CSX Corp (CSX). TrueCar (TRUE) names Noel B. Watson as CFO. Treasury Department releases report on f/x practices of major trading partners to the U.S.  Nothing earth shattering. Stock Repurchase: HUBG Dividend Increase: BMO Hourly Action This  Week: Last week saw 4 hours that were positive and 3 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been dropped since yesterday’s close. U.S. futures: S&P -17.50, Dow Jones -174 NDX -61 and Russell 2000…

CAPIS Morning Note – 5/28/19 President Trump No Deal With China Yet

Morning Note

Morning Note

posted by CAPIS on 05/28/2019 at 7:35 am
by CAPIS on 05/28/2019

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today: None  of note. Secondaries on deck:None of note. Notes Priced: None of note. Other Filings of Note: TD MYOV files mixed shelf offering. TBIO SHSP files common stock offering. CNO files senior notes. Courtesy of IPO Financial Earnings After The Close On Friday: Beat: None of note. Flat: None of note. Missed: MYOV -0.04 of note. Still To Report: of note. News After The Close: FAA to reevaluate Boeing (BA) approval of 737 Max. Fiat (FCAU) proposed a 50/50 merger with Renault. Biomarin (BMRN) to host conference call at 8:00 a.m. EDT on Tuesday to review Valoctogene Roxapartvovec Phase 2 and Phase 3 Update. Stock Repurchase: CPS JMEI QTT Dividend Increase: NTR Hourly Action This  Week: Last week saw 4 hours  that were positive and 3 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have turned higher after struggling in the middle of the night. U.S. futures: S&P +2, Dow Jones +38 NDX +15.75 and Russell 2000 +1.20 with fair values LOWER HELPING THE…

Corporate Actions IPOs on deck for This Week:  We now head into summer trading for IPOs with two deals this week. IPOs on deck for Today: None  of note. Secondaries on deck:None of note. Notes Priced: None of note. Other Filings of Note: TD MYOV files mixed shelf offering. TBIO SHSP files common stock offering. CNO files senior notes. Courtesy of IPO Financial Earnings After The Close On Friday: Beat: None of note. Flat: None of note. Missed: MYOV -0.04 of note. Still To Report: of note. News After The Close: FAA to reevaluate Boeing (BA) approval of 737 Max. Fiat (FCAU) proposed a 50/50 merger with Renault. Biomarin (BMRN) to host conference call at 8:00 a.m. EDT on Tuesday to review Valoctogene Roxapartvovec Phase 2 and Phase 3 Update. Stock Repurchase: CPS JMEI QTT Dividend Increase: NTR Hourly Action This  Week: Last week saw 4 hours  that were positive and 3 that were negative. 3:00-4:00 was higher for week. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have turned higher after struggling in the middle of the night. U.S. futures: S&P +2, Dow Jones +38 NDX +15.75 and Russell 2000 +1.20 with fair values LOWER HELPING THE…

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