HomeNews

In After Hours Trading IPOs on deck: IMAC Holdings Unit (IMAC) to be priced this morning. Secondaries on deck: AMTB DTSS GSAT. Convertibles Prices: Filings After The Close: OSUR SAGE mixed shelf offering. IPO Filing: none of note. Courtesy of IPO Financial Earnings From After the Close: Surprises: FDX +0.10 SCS +0.06 AIR +0.02 ABM +0.02 JBL +0.02 Flat: MU Misses: Positive Guidance: Mixed Guidance: JBL Negative Guidance: FDX News After The Close: Diamondback Energy (FANG) updated guidance for 2019 and 28% production growth. Ring Energy (REI) to become cash flow neutral/positive much earlier than expected. Alliant Energy (LNT) to move to NASDAQ from NYSE as of 12/28/18. Ligand Pharmaceuticals (LGND) raises 2018 guidance and upside to 2019. Department of Justice raises “bump stocks” to a machine gun under federal law. Lockheed Martin (LMT) gets $590 million Missile Defense Information Systems Agency contract. Other contracts to Hewlett Packard Enterprise (HPE) for $320 million and General Electric (GE) $290 million. Dividend Raises: TWO Dividend Cuts: Special Dividend: JBGS What’s Happening This Morning: U.S. futures: S&P +15, Dow Jones +141, NDX +34 and Russell 2000 +9 with fair values HIGHER CUTTING INTO GAINS. Asia mixed and Europe mixed to higher. Gold lower…

In After Hours Trading IPOs on deck: One IPO due out this week IMAC Holdings Unit. Secondaries on deck: Mercantile Bank Holding (AMTB) of note so far this week. Convertibles Prices: Filings After The Close: common stock; convertible; AMC EOG  KALV RLGT mixed shelf offering. IPO Filing: none of note. Courtesy of IPO Financial Earnings From After the Close: Surprises: none of note Misses: none of note News After The Close: FDA approves sNDA to expand Supernus Pharmaceutical (SUPN) Oxteller XR Label to include monotherapy. FDA approves sBLA for Amgen (AMGN) Nplate use in pediatric patients with immune thrombocytopenia. Fitch affirms ratings on Ireland, Denmark and Turkey. OSI Systems gets $450 million Defense Logistics Agency contract. President Trump names new Chief of Staff, Mick Mulvaney. Secretary of the Interior Ryan Zinke will leave by end of the year. District Court Judge in Texas rules ACA unconstitutional, could be heard by Supreme Court. It is reported by The New York Times Commerce Secretary Wilbur Ross could be leaving the Trump Administration. Dividend Raises: MORN TEL Dividend Cuts: ANH New Repurchase Announcements: CAL TEL LBC Hourly Action This Past Week: It was a rather dismal week with every hour but 12:00-1:00 p.m.…

In After Hours Trading IPOs on deck: CF Acquisition Unit (CFFAU) Secondaries on deck: AMTB BHVN HASI MRNS TOCA VBIV Secondaries Announced: VBI HASI Mixed Shelf Offering: GNTY IPO Filing: none of note. Courtesy of IPO Financial Earnings From After the Close: Surprises: TLRD +0.07 Misses: NDSN (0.03), OXM (0.03) Flat: Lower Guidance: TLRD OXM Mixed Guidance: NDSN Strong Guidance: News After The Close: Synovus (SNV) names Kevin Blair COO immediately. Mr. Cooper Group (COOP) names Christopher Marshall CFO immediately. Farm Bill passes House 369-47. Dividend Raises: ZTS XAN WGO PK CNP What’s Happening This Morning: U.S. futures: S&P +11.25, Dow Jones +52, NDX +58 and Russell 2000 +5.40 with fair values LOWER ADDING TO GAINS. Asia and Europe higher. Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price 120.22 with yields flat since Tuesday morning. Prices as of 7:55 a.m. EDT. Top Sectors Wednesday: Conglomerates, Technology and Healthcare. Weakest Sectors Wednesday: Utilities, barely down -0.1%. One Month Winners: Utilities. Three Month Winners: Utilities. Six Month Winners: Healthcare and Utilities. Twelve Month Winners: Healthcare,…

Our stop time this morning is 7:15 a.m. EDT due to an early flight.  Production will be normal tomorrow. In After Hours Trading IPOs on deck: Secondaries on deck: Filings After The Close: RARX HCP BHVN common stock; HON SNA RILY ACMR mixed shelf; IPO Filing: none of note. Courtesy of IPO Financial Earnings From After the Close:  CASY +0.16, SFIX +0.07, ASNA +0.02 Surprises: Misses: NX (0.21). Flat: ROAD Lower Guidance: Mixed Guidance: Strong Guidance: News AfterThe Close: Bank of NY (BK) gets Federal Reserve approval to buyback an additional $830 million of stock. United Continental (UAL) sees November traffic up +7.1% CalAmp (CAMP) lowers guidance. Jill (JILL) names Linda Heasley as CEO. Dividend Raises: PNR Special Dividend: BKE declares special dividend of $1.00. Dividend Cuts: Hourly Action This Past Week: The trend of weakness early and strength later in the day continued on Monday. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +17, Dow Jones +182, NDX +60 and Russell 2000 +8 with fair values LOWER ADDING TO GAINS. Asia lower to mixed and Europe higher. At 7:12 a.m. EDT. Gold, silver and copper higher. WTI Crude and Brent Oil Futures lower. Natural Gas…

In After Hours Trading IPOs on deck: Moderna (MRNA) Synthorx (THOR) Secondaries on deck: INSP MNTA DMACD MVIS VIVE KIDS QTNT GBT common stock. Filings After The Close: VIVE KIDS ATNT GBT common stock. Courtesy of IPO Financial Earnings From After the Close: none of note. Surprises:  DOMO +0.32, AVGO +0.27 , SAIC +0.21 , CMTL +0.21, ZUMZ +0.06 , AOBC +0.06 , LULU +0.05 , ULTA +0.02 , DOCU +0.02 Misses:  UNFI (0.14), COO (0.10) Flat: Lower Guidance: ULTA COO ZUMZ Mixed Guidance: DOMO AOBC UNFI Strong Guidance: CMTL DOCU News AfterThe Close: PAR Technology (PAR) CEO steps down and Savneet Singh named Interim CEO. IBM Corp (IBM) CEO Ginny Rometty discussed White House Technology Innovation Meeting on CNBC after the close. Northrop Grumman (NOC) picks up $450M Air Force contract through 2025. General Dynamics (GD) picks up $260M Army contract through 2023. Huwawei CFO to have bail hearing at 1:00 p.m. EDT. Dividend Raises: PFBC EMN AXIS BMY ACA CHRW SOI OC HI DEI Special Dividend: UHAL Dividend Cuts: Index Changes: S&P 600: GPOR to replace OCLR prior to trading next Wednesday. S&P 400: YELP to replace YELP prior to trading next Wednesday.  Hourly Action This Past Week: The morning has…

In After Hours Trading IPOs on deck: none of note. Secondaries on deck: none of note. Filings After The Close: FRAC UDR RMR common stock; ALNA SPRO RMR mixed shelf offering; BIDU debt offering. IPO Filing:. Courtesy of IPO Financial Earnings From After the Close: none of note. Surprises: RH +0.46 COUP +0.11                SMA +0.07 Misses: Flat: Lower Guidance: Mixed Guidance: RH. Strong Guidance: COUP SMAR. News After The Close: Cirrrus Logic (CRUS) cuts Q3 2019 outlook from $360-$400M to $300-$340M. Senseonics (SENS) CFO to retire immediately. Sonocco Products (SON) CFO Barry Saunders to retire in March of 2019. Replacement Julie Albrecht. Kinder Morgan (KMI) announces 2019 financial projections. E Trade (ETFC) elevates Chad Turner to role of CFO. Bristol Myers (BMY) to will transfer $3.8 billion of retirement funds to a lump sum payment or annuity as it seeks to de-risk pension risk. Belden (BDC) acknowledges SEC investigation into material weakness. Federal Reserve releases Powell’s testimony statement for Wednesday which was cancelled for national day of mourning. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P -11, Dow Jones -120, NDX -39 and Russell 2000 -4 with fair values HIGHER CUTTING…

In After Hours Trading IPOs on deck: none of note. Secondaries on deck: ABR I IQV VSLR. Filings After The Close: ABR FANG ARWR common stock. IPO Filing:. Courtesy of IPO Financial Earnings From After the Close: none of note. Surprises: WDAY +0.17 , AMBA +0.12 , PANW +0.12 , AVAV +0.09 , PVH +0.07 , SPLK +0.06 , VMW +0.05 , ZUO +0.03 , GME +0.03. Misses:  ASYS (0.44) . Flat: HPQ YEXT Lower Guidance: AMBA ASYS GME. Mixed Guidance:ZUO. Strong Guidance: PANW SPLK VMW. News AfterThe Close: Sprouts Farm Market (SFM) CEO Amin Maredia to leave at year end. Symantec (SYMC) COO Michael Fey resigns effectively immediately. Nio (NIO) Chief Development Officer and NIO USA CEO resigns for personal reasons effective 12/17. Hourly Action This Week: Courtesy of Quantitative Partners, Inc.  What’s Happening This Morning: U.S. futures: S&P -11.50, Dow Jones -129, NDX -28.50 and Russell 2000 -7.50 with fair values LOWER CUTTING INTO LOSSES. Asia and Europe lower. Gold, silver and copper lower. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury price 119.52 with yields lower since Friday…

In After Hours Trading IPOs on deck: none of note. Secondaries on deck: ACAD GNL RCKT SKY  SWX. Filings After The Close: GNL SKY common stock. Courtesy of IPO Financial Earnings From After the Close: none of note. Surprises: GWPH +0.54 , NTNX +0.14 , CRM +0.11 , BV +0.06 , OOMA +0.03 , CENT +0.01. Mixed Guidance: OOMA CRM. News After The Close: Western Digital (WDC) CFO to step down but remain until June of 2019. Oshkosh (OSK) picks up Army contract worth $1.7 billion to be complete September 2019. In Washington Post interview, President Trump says not the least bit happy with Federal Reserve Chairman Jerome Powell. Hourly Action This Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +11 Dow Jones +121  NDX +35 and Russell 2000 +7 with fair values LOWER. Asia and Europe higher. Gold, silver and copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price 119.23 with yields higher since Tuesday morning. Prices as of 7:55 a.m. EDT. Top Sectors Tuesday: Utilities, Services and Healthcare. Weakest Sectors Tuesday: Conglomerates,…

In After Hours Trading IPOs on deck: One IPO due this week Uranium Trading (UTC). Secondaries on deck: . Filings After The Close: Courtesy of IPO Financial Earnings From After the Close: none of note. Surprises: none of note. Misses: . Flat: Lower Guidance Mixed Guidance:. Strong Guidance:. Hourly Action This Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +31.50, Dow Jones +266, NDX +104.50 and Russell 2000 +16 with fair values HIGHER CUTTING INTO GAINS. Asia and Europe higher. Gold, silver and copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price 119.17 with yields higher since Friday morning. Prices as of 7:55 a.m. EDT. Top Sectors Friday: Healthcare. Weakest Sectors Friday: Materials, Conglomerates and Financials. One Month Winners Utilities and Financials. Three Month Winners: Utilities Six Month Winners: Healthcare and Utilities. Twelve Month Winners: Healthcare, Services and Conglomerates Year To Date Winners: Healthcare, Services, Conglomerates and Utilities. Earnings Ahead: (sorted by Market Cap and only most impactful and notables listed) Earnings Expected After The Close: ENTA BKE MTSC GSM. Earnings Due Tuesday Morning:…

In After Hours Trading IPOs on deck: none of note. Secondaries on deck: TLC. Filings After The Close: Courtesy of IPO Financial Earnings From After the Close: Surprises: ESL +0.43, KEYS +0.11, BJ +0.06, ADSK +0.02, FL +0.02, QADA +0.01, GPS +0.01. Misses: CAL (0.07). Flat: Lower Guidance Mixed Guidance: CAL BJ. Strong Guidance: KEYS ADSK. Tuesday After The Close News: Mylan (MYL) announces a recall of consumer level of select lots of Valsartan-containing product. API Petroleum Data. Crude Inventories draws -1.45 million barrels. Gasoline Inventories adds +0.71 million barrels. National Beverage (FIZZ) announces a special dividend of $2.90/share. Hourly Action This Week: Trading action has been a problem this week with only 10:00-11:00 and 2:00-3:00 putting in positive hours. Let’s see if today can counter this trend. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: U.S. futures: S&P +22, Dow Jones +164, NDX +76 and Russell 2000 +11 with fair values HIGHER CUTTING INTO GAINS SLIGHTLY. Asia higher and Europe higher. Gold, silver and copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price 119.14 with yields higher since…