Morning Note

129 total posts

Morning Note – 4/26/19

Morning Note

Morning Note

posted by CAPIS on 04/26/2019 at 7:43 am
by CAPIS on 04/26/2019

Interesting Fact Of the Day: 700,000 Subcompact SUVs were sold in 2018 which is up from 34,000 in 2010. Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: Act II Acquisition Unit (ACTTU) will be priced today. Secondaries on deck: Notes Priced: IPO Filings Announced After The Close: Other Filings of Note:  NCR files senior notes. WM SLB TRC NCR files mixed shelf offering. NCR files common offering. Courtesy of IPO Financial Earnings After The Close: Beat: AMZN +2.43, SIVB +0.67, EHTH +0.45, VVI +0.29, APC +0.28, BOOM +0.28, ILMN +0.25, COLM +0.24, SGEN +0.22, ENVA +0.21, OMCL +0.20, SKYW +0.18, CVA +0.18, F +0.17, COF +0.17, EHC +0.15, TMUS +0.14, HTH +0.14, PFG +0.13, DFS +0.13, MAT +0.11, BJRI +0.09, SPSC +0.09, DLR +0.08, AEM +0.08, SFLY +0.07, AFL +0.07, IEX +0.07, MHK +0.07, VRSN +0.06, SWN +0.06, VCRA +0.06, JNPR +0.06, PFPT +0.06, PEB +0.06, WERN +0.05, GRUB +0.05, BMRN +0.04, ATRC +0.04, CY +0.03, SBUX +0.03, LOGM +0.03, FET +0.03, BABY +0.03, PKI +0.03, ALK +0.02, INTC +0.02, PRO +0.02, KNL +0.02, AJG +0.02, BEAT +0.01, INT +0.01, FIX +0.01, AVT +0.01,…

Interesting Fact Of the Day: 700,000 Subcompact SUVs were sold in 2018 which is up from 34,000 in 2010. Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: Act II Acquisition Unit (ACTTU) will be priced today. Secondaries on deck: Notes Priced: IPO Filings Announced After The Close: Other Filings of Note:  NCR files senior notes. WM SLB TRC NCR files mixed shelf offering. NCR files common offering. Courtesy of IPO Financial Earnings After The Close: Beat: AMZN +2.43, SIVB +0.67, EHTH +0.45, VVI +0.29, APC +0.28, BOOM +0.28, ILMN +0.25, COLM +0.24, SGEN +0.22, ENVA +0.21, OMCL +0.20, SKYW +0.18, CVA +0.18, F +0.17, COF +0.17, EHC +0.15, TMUS +0.14, HTH +0.14, PFG +0.13, DFS +0.13, MAT +0.11, BJRI +0.09, SPSC +0.09, DLR +0.08, AEM +0.08, SFLY +0.07, AFL +0.07, IEX +0.07, MHK +0.07, VRSN +0.06, SWN +0.06, VCRA +0.06, JNPR +0.06, PFPT +0.06, PEB +0.06, WERN +0.05, GRUB +0.05, BMRN +0.04, ATRC +0.04, CY +0.03, SBUX +0.03, LOGM +0.03, FET +0.03, BABY +0.03, PKI +0.03, ALK +0.02, INTC +0.02, PRO +0.02, KNL +0.02, AJG +0.02, BEAT +0.01, INT +0.01, FIX +0.01, AVT +0.01,…

Morning Note – 4/25/19

Morning Note

Morning Note

posted by CAPIS on 04/25/2019 at 7:45 am
by CAPIS on 04/25/2019

Interesting Fact Of the Day: Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: None of note. Secondaries on deck: GRTS HMI Notes Priced: IPO Filings Announced After The Close: Other Filings of Note:  PFBX files senior notes. FOLD files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: SAM +0.99, EIG +0.40, CMG +0.37, LRCX +0.31, FB +0.28, CHDN +0.23, KRA +0.23, RJF +0.18, HP +0.17, CINF +0.17, MSFT +0.14, NOW +0.13, AZPN +0.13, NTGR +0.11, CTXS +0.10, PYPL +0.10, AMP +0.09, UFPI +0.08, V +0.07, LSTR +0.07, CLGX +0.07, ALGN +0.06, SCI +0.06, FBHS +0.05, SUI +0.05, OIS +0.05, PTC +0.04, ARI +0.04, MSA +0.04, CUBI +0.03, TILE +0.03, SWI +0.03, TRN +0.03, CNMD +0.03, FFIV +0.03, ESS +0.03, CVBF +0.02, ECHO +0.02, FNF +0.02, GGG +0.02, WCN +0.02, FWRD +0.02, AVB +0.02, KN +0.02, BCOV +0.02, CUZ +0.01, DRE +0.01, BDN +0.01, AKR +0.01, STL +0.01, AXTI +0.01. Flat: ESRT, ROIC, BHE, WRE, SAVE, ORLY. Missed: ALGT (0.38), AXS (0.15), QEP (0.12), VAR (0.10), AGR (0.09), COR (0.05), AGNC (0.04), SEIC (0.03), XLNX (0.02), ASGN (0.02). Still To Report: CLB,…

Interesting Fact Of the Day: Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: None of note. Secondaries on deck: GRTS HMI Notes Priced: IPO Filings Announced After The Close: Other Filings of Note:  PFBX files senior notes. FOLD files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: SAM +0.99, EIG +0.40, CMG +0.37, LRCX +0.31, FB +0.28, CHDN +0.23, KRA +0.23, RJF +0.18, HP +0.17, CINF +0.17, MSFT +0.14, NOW +0.13, AZPN +0.13, NTGR +0.11, CTXS +0.10, PYPL +0.10, AMP +0.09, UFPI +0.08, V +0.07, LSTR +0.07, CLGX +0.07, ALGN +0.06, SCI +0.06, FBHS +0.05, SUI +0.05, OIS +0.05, PTC +0.04, ARI +0.04, MSA +0.04, CUBI +0.03, TILE +0.03, SWI +0.03, TRN +0.03, CNMD +0.03, FFIV +0.03, ESS +0.03, CVBF +0.02, ECHO +0.02, FNF +0.02, GGG +0.02, WCN +0.02, FWRD +0.02, AVB +0.02, KN +0.02, BCOV +0.02, CUZ +0.01, DRE +0.01, BDN +0.01, AKR +0.01, STL +0.01, AXTI +0.01. Flat: ESRT, ROIC, BHE, WRE, SAVE, ORLY. Missed: ALGT (0.38), AXS (0.15), QEP (0.12), VAR (0.10), AGR (0.09), COR (0.05), AGNC (0.04), SEIC (0.03), XLNX (0.02), ASGN (0.02). Still To Report: CLB,…

Morning Note – 4/24/19

Morning Note

Morning Note

posted by CAPIS on 04/24/2019 at 7:46 am
by CAPIS on 04/24/2019

Interesting Fact Of the Day: The United States spends 18% of GDP on healthcare while Canada is 11% of GDP. Reform coming. Interview with Joseph Stiglitz. (Bloomberg Radio) Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: GES of note. IPO Filings Announced After The Close: Other Filings of Note.  HMI files a secondary offering.  TK files senior notes. ILPT  PPBI files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: WRB +0.31, CSL +0.20, NAVI +0.13, HA +0.12, EW +0.10, VMI +0.10, TER +0.10, TXN +0.09, CSGP +0.09, NBHC +0.08, LRN +0.07, MANH +0.07, KALU +0.06, HXL +0.06, SIX +0.04, EBAY +0.04, TSS +0.04, SYK +0.04, SITC +0.03, CHFC +0.03, BXMT +0.03, UCBI +0.02, SNAP +0.02, MMSI +0.01, MTH +0.01, AMTD +0.01 Flat: FMBI, RNST. Missed: CP (0.21), LTXB (0.11), SPN (0.07), HIW (0.05), IRBT (0.03), RHI (0.02), FCPT (0.01), FR (0.01), TRMK (0.01), FE (0.01) Still To Report: NWE. Dividend Increases: MET HESM TGP EQM Dividend Decreases: RES News After The Close: Kraft Heinz (KFT) explores selling Ore-Ida brand.…

Interesting Fact Of the Day: The United States spends 18% of GDP on healthcare while Canada is 11% of GDP. Reform coming. Interview with Joseph Stiglitz. (Bloomberg Radio) Corporate Actions IPOs on deck for This Week: Act II Acquisition Unit due this week. Next week 4 IPOs on deck. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: GES of note. IPO Filings Announced After The Close: Other Filings of Note.  HMI files a secondary offering.  TK files senior notes. ILPT  PPBI files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: WRB +0.31, CSL +0.20, NAVI +0.13, HA +0.12, EW +0.10, VMI +0.10, TER +0.10, TXN +0.09, CSGP +0.09, NBHC +0.08, LRN +0.07, MANH +0.07, KALU +0.06, HXL +0.06, SIX +0.04, EBAY +0.04, TSS +0.04, SYK +0.04, SITC +0.03, CHFC +0.03, BXMT +0.03, UCBI +0.02, SNAP +0.02, MMSI +0.01, MTH +0.01, AMTD +0.01 Flat: FMBI, RNST. Missed: CP (0.21), LTXB (0.11), SPN (0.07), HIW (0.05), IRBT (0.03), RHI (0.02), FCPT (0.01), FR (0.01), TRMK (0.01), FE (0.01) Still To Report: NWE. Dividend Increases: MET HESM TGP EQM Dividend Decreases: RES News After The Close: Kraft Heinz (KFT) explores selling Ore-Ida brand.…

Morning Note – 4/23/19

Morning Note

Morning Note

posted by CAPIS on 04/23/2019 at 7:42 am
by CAPIS on 04/23/2019

Interesting Fact Of the Day: Social Security will be tapped out by 2035 unless changes made. (CNN) Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Other Filings of Note.  GRTS files a secondary offering. GES files convertible senior notes. G files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat:  WHR +0.26, CE +0.23, RRC +0.11, HSTM +0.08, WAL +0.07, ACC +0.06, CDNS +0.05, BRO +0.05, NBTB +0.03, CMRE +0.03, MINI +0.03, EGP +0.02, ELS +0.02. Flat: None. Missed: RMBS (0.47), BEDU (0.06), SFNC (0.01), ZION (0.01), HLX (0.01). Still To Report: ALSN, IBTX. Dividend Increases: WBS Dividend Decreases: GES News After The Close: Lots of action at Guess? (GES) which reaffirms Q1 guidance but lowers dividend and raised capital through a convertible. Genuine Parts (GPC) Names CEO Paul Donahue as Chairman of the Board as well. Victory Capital (VCTR) terminates deal to buy Harvest Volatility Management. Steris (STE) wins $390 million Defense Logistics Agency contract with completion by 2020. Lockheed  Martin (LMT) wins $360 million Army contract. CEO Kevin Crutchfield…

Interesting Fact Of the Day: Social Security will be tapped out by 2035 unless changes made. (CNN) Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Other Filings of Note.  GRTS files a secondary offering. GES files convertible senior notes. G files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat:  WHR +0.26, CE +0.23, RRC +0.11, HSTM +0.08, WAL +0.07, ACC +0.06, CDNS +0.05, BRO +0.05, NBTB +0.03, CMRE +0.03, MINI +0.03, EGP +0.02, ELS +0.02. Flat: None. Missed: RMBS (0.47), BEDU (0.06), SFNC (0.01), ZION (0.01), HLX (0.01). Still To Report: ALSN, IBTX. Dividend Increases: WBS Dividend Decreases: GES News After The Close: Lots of action at Guess? (GES) which reaffirms Q1 guidance but lowers dividend and raised capital through a convertible. Genuine Parts (GPC) Names CEO Paul Donahue as Chairman of the Board as well. Victory Capital (VCTR) terminates deal to buy Harvest Volatility Management. Steris (STE) wins $390 million Defense Logistics Agency contract with completion by 2020. Lockheed  Martin (LMT) wins $360 million Army contract. CEO Kevin Crutchfield…

Morning Note -4/22/19

Morning Note

Morning Note

posted by CAPIS on 04/22/2019 at 7:55 am
by CAPIS on 04/22/2019

Interesting Fact Of the Day: Only 25% of 16 year olds have a driver’s license compared to 50% in 1983. (WSJ) Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Other Filings of Note.  CYCN OSW files a secondary offering.  Courtesy of IPO Financial Earnings After The Close: Beat: EXPO +0.06. Flat: FFIN, PBCT. Missed:  ISRG (0.09) Dividend Increases: HEP OKE PBCT ATR HOMB Stock Repurchase Announcements: ATR Stock Split Announcements: FAST 2:1 News After The Close: Intelsat (I) lost a spacecraft, Intesat 29e. Exxon (XOM) made another discovery off of Guyana. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving lower since last night’s open after the long weekend. U.S. futures: S&P -10, Dow Jones -85, NDX -37 and Russell 2000 -5.30 with fair values LOWER LESSENING LOSSES. Asia and Europe mixed with several market closed, click through for details by country. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is higher.…

Interesting Fact Of the Day: Only 25% of 16 year olds have a driver’s license compared to 50% in 1983. (WSJ) Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Other Filings of Note.  CYCN OSW files a secondary offering.  Courtesy of IPO Financial Earnings After The Close: Beat: EXPO +0.06. Flat: FFIN, PBCT. Missed:  ISRG (0.09) Dividend Increases: HEP OKE PBCT ATR HOMB Stock Repurchase Announcements: ATR Stock Split Announcements: FAST 2:1 News After The Close: Intelsat (I) lost a spacecraft, Intesat 29e. Exxon (XOM) made another discovery off of Guyana. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving lower since last night’s open after the long weekend. U.S. futures: S&P -10, Dow Jones -85, NDX -37 and Russell 2000 -5.30 with fair values LOWER LESSENING LOSSES. Asia and Europe mixed with several market closed, click through for details by country. Gold and silver higher with copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is higher.…

Morning Note – 4/18/19

Morning Note

Morning Note

posted by CAPIS on 04/18/2019 at 7:35 am
by CAPIS on 04/18/2019

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: GNLN HOOK MNRL PINS ZM. Secondaries on deck: NTRA EIGR ANTM DAVA WTR Notes Priced:  APHA  IPO Filings Announced After The Close: Other Filings of Note.  EIGR files a secondary offering.  files mixed shelf offering. IPO News: Pinterest (PINS) pricing range is finalized at $19 up from $15-$17. Courtesy of IPO Financial Earnings After The Close: Beat: ASML +0.36, MS +0.16, ERIC +0.16, KSU +0.10, TXT +0.08, PEP +0.04, ABB +0.03, ABT +0.01 Flat: BMI, NWBI, USB Missed: PNR (0.28), SBNY (0.08), BK (0.02), POL (0.01) Still To Report: FRAN Dividend Increases: CNXM News After The Close: North Korea launched a strategic weapons test ending a long period of no testing. J.P. Morgan (JPM) CFO Marianne Lake to become CEO of the Consumer Lending unit of JPM. Card Services CEO Jennifer Piepszak will become CFO. Canopy Growth (CGC) rumored to buy Acreage Holdings (ARCGF). Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT. U.S. futures: S&P…

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: GNLN HOOK MNRL PINS ZM. Secondaries on deck: NTRA EIGR ANTM DAVA WTR Notes Priced:  APHA  IPO Filings Announced After The Close: Other Filings of Note.  EIGR files a secondary offering.  files mixed shelf offering. IPO News: Pinterest (PINS) pricing range is finalized at $19 up from $15-$17. Courtesy of IPO Financial Earnings After The Close: Beat: ASML +0.36, MS +0.16, ERIC +0.16, KSU +0.10, TXT +0.08, PEP +0.04, ABB +0.03, ABT +0.01 Flat: BMI, NWBI, USB Missed: PNR (0.28), SBNY (0.08), BK (0.02), POL (0.01) Still To Report: FRAN Dividend Increases: CNXM News After The Close: North Korea launched a strategic weapons test ending a long period of no testing. J.P. Morgan (JPM) CFO Marianne Lake to become CEO of the Consumer Lending unit of JPM. Card Services CEO Jennifer Piepszak will become CFO. Canopy Growth (CGC) rumored to buy Acreage Holdings (ARCGF). Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT. U.S. futures: S&P…

Morning Note – 4/17/19

Morning Note

Morning Note

posted by CAPIS on 04/17/2019 at 7:41 am
by CAPIS on 04/17/2019

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: Palomar Holdings (PLMR) Turning Point Therapeutics (TPTX) Secondaries on deck:  BWAY HOLI COLD Notes Priced:  None of note. IPO Filings Announced After The Close: Other Filings of Note. ARNC NTRA CURO files a secondary offering. HST files mixed shelf offering. IPO News: Pinterest pricing range is $15-$17. Courtesy of IPO Financial Earnings After The Close: Beat: UAL +0.19, MLNX +0.14, CSX +0.11, NFLX +0.06, HWC +0.03, MRTN +0.01, IBM +0.01 Flat: FULT HOPE. Missed: WSBC (0.02) Dividend Increases:  News After The Close: Funko (FNKO) CFO Russell Nickel will leave at the end of 2019. Department of Justice not likely to approve T Mobile (TMUS) and Sprint (S) merger. CEO of T Mobile (TMUS) John Legere calls the story “untrue”. Lockheed Martin (LMT) wins Air Force contract worth $880 million. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT. U.S. futures: S&P +7.25, Dow Jones +40, NDX +33 and Russell 2000 +4.00 with fair values MIXED. Asia higher…

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: Palomar Holdings (PLMR) Turning Point Therapeutics (TPTX) Secondaries on deck:  BWAY HOLI COLD Notes Priced:  None of note. IPO Filings Announced After The Close: Other Filings of Note. ARNC NTRA CURO files a secondary offering. HST files mixed shelf offering. IPO News: Pinterest pricing range is $15-$17. Courtesy of IPO Financial Earnings After The Close: Beat: UAL +0.19, MLNX +0.14, CSX +0.11, NFLX +0.06, HWC +0.03, MRTN +0.01, IBM +0.01 Flat: FULT HOPE. Missed: WSBC (0.02) Dividend Increases:  News After The Close: Funko (FNKO) CFO Russell Nickel will leave at the end of 2019. Department of Justice not likely to approve T Mobile (TMUS) and Sprint (S) merger. CEO of T Mobile (TMUS) John Legere calls the story “untrue”. Lockheed Martin (LMT) wins Air Force contract worth $880 million. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT. U.S. futures: S&P +7.25, Dow Jones +40, NDX +33 and Russell 2000 +4.00 with fair values MIXED. Asia higher…

Morning Note – 4/16/19

Morning Note

Morning Note

posted by CAPIS on 04/16/2019 at 7:35 am
by CAPIS on 04/16/2019

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: None of note Secondaries on deck:  JBGS RCKT EVSI of note. Notes Priced:  None of note. IPO Filings Announced After The Close: Other Filings of Note. RCKT JBGS DAVA COLD files a secondary offering. VER APLE files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: PNFP +.03 Missed: JBHT -0.16 WTFC -.01 Dividend Increases: WHR News After The Close: United Technologies (UTX) Prat & Whitney Engines unit wins $200 million Navy contract. AT&T (T) sells its $1.43 billion stake in Hulu back to the streaming video joint venture. Genesse & Wyoming (GWR) railroad total March traffic fell -8.3% from prior year and railroad traffic fell -4.1%. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Monday’s close. U.S. futures: S&P +10.25, Dow Jones +166, NDX +32.50 and Russell 2000 +5.90 with fair values  SLIGHTLY HIGHER. Asia higher and Europe mixed, click through for details by country. Gold, silver and copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro,…

Corporate Actions IPOs on deck for This Week: 7  of note including Pinterest. IPOs on deck for Today: None of note Secondaries on deck:  JBGS RCKT EVSI of note. Notes Priced:  None of note. IPO Filings Announced After The Close: Other Filings of Note. RCKT JBGS DAVA COLD files a secondary offering. VER APLE files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: Beat: PNFP +.03 Missed: JBHT -0.16 WTFC -.01 Dividend Increases: WHR News After The Close: United Technologies (UTX) Prat & Whitney Engines unit wins $200 million Navy contract. AT&T (T) sells its $1.43 billion stake in Hulu back to the streaming video joint venture. Genesse & Wyoming (GWR) railroad total March traffic fell -8.3% from prior year and railroad traffic fell -4.1%. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 have been moving higher since Monday’s close. U.S. futures: S&P +10.25, Dow Jones +166, NDX +32.50 and Russell 2000 +5.90 with fair values  SLIGHTLY HIGHER. Asia higher and Europe mixed, click through for details by country. Gold, silver and copper lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro,…

Morning Note – 4/15/19

Morning Note

Morning Note

posted by CAPIS on 04/15/2019 at 7:33 am
by CAPIS on 04/15/2019

Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note Secondaries on deck:  None of note. Notes Priced:  None of note. IPO Filings Announced After The Close: Mayville Engineering Company (MEC). Other Filings of Note. HMI files a secondary offering. PDVW files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: None of note. Dividend Decreases: MSB Index Changes: DMC Global (BOOM) to replace Belmond (BEL) in the S&P 600 SmallCap Index before trading on 4/18. News After The Close: Top credit rating agency affirms Germany’s top rating but notes economy is slowing. Boeing (BA) wins $14 billion contract with the Air Force. President Trump on Sunday renews attack on the Federal Reserve. European Central Bank Mario Draghi notes concern over Federal Reserve attacks by President Trump. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 were up slightly until 4:00 a.m. EDT and have popped on a variety of news. U.S. futures: S&P -0.75, Dow Jones +10, NDX -4.75 and Russell 2000 +1.10 with fair values  LOWER. Asia mixed and Europe higher, click through for details by country. Gold, silver and…

Corporate Actions IPOs on deck for This Week: None of note. IPOs on deck for Today: None of note Secondaries on deck:  None of note. Notes Priced:  None of note. IPO Filings Announced After The Close: Mayville Engineering Company (MEC). Other Filings of Note. HMI files a secondary offering. PDVW files mixed shelf offering. Courtesy of IPO Financial Earnings After The Close: None of note. Dividend Decreases: MSB Index Changes: DMC Global (BOOM) to replace Belmond (BEL) in the S&P 600 SmallCap Index before trading on 4/18. News After The Close: Top credit rating agency affirms Germany’s top rating but notes economy is slowing. Boeing (BA) wins $14 billion contract with the Air Force. President Trump on Sunday renews attack on the Federal Reserve. European Central Bank Mario Draghi notes concern over Federal Reserve attacks by President Trump. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 were up slightly until 4:00 a.m. EDT and have popped on a variety of news. U.S. futures: S&P -0.75, Dow Jones +10, NDX -4.75 and Russell 2000 +1.10 with fair values  LOWER. Asia mixed and Europe higher, click through for details by country. Gold, silver and…

Morning Note -4/12/19

Morning Note

Morning Note

posted by CAPIS on 04/12/2019 at 7:33 am
by CAPIS on 04/12/2019

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tufin Software. IPOs on deck for Today: Jumia Technologies (JMIA)  Secondaries on deck:  PHAS XFOR on deck. Notes Priced:  None of note. IPO Filings Announced After The Close: None of note. Courtesy of IPO Financial Earnings After The Close: Flat: KSHB Stock Repurchase: EBSB Dividend Increases: TGE AM News After The Close: Alaska Air (ALK) reported March traffic up +0.5% on +1.3% increase in capacity. J.Crew which is private looks to take Madewell unit public through an IPO. Uber filed its S-1 yesterday. Ross Stores (ROST) COO Michael O’Sullivan resigns to go elsewhere. Allegheny Technology (ATI) guides lower sighting lower China demand. Verso (VRS) President Christopher DiSantis resigns effective immediately. CalAmp (CAMP) wins reversal in Federal Circuit Court against Omega Patents. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 were up slightly until 4:00 a.m. EDT and have popped on a variety of news. U.S. futures: S&P +17, Dow Jones +213, NDX +38.50 and Russell 2000 +10.60 with fair values  HIGHER CUTTING INTO GAINS SLIGHTLY. Asia mixed and Europe…

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tufin Software. IPOs on deck for Today: Jumia Technologies (JMIA)  Secondaries on deck:  PHAS XFOR on deck. Notes Priced:  None of note. IPO Filings Announced After The Close: None of note. Courtesy of IPO Financial Earnings After The Close: Flat: KSHB Stock Repurchase: EBSB Dividend Increases: TGE AM News After The Close: Alaska Air (ALK) reported March traffic up +0.5% on +1.3% increase in capacity. J.Crew which is private looks to take Madewell unit public through an IPO. Uber filed its S-1 yesterday. Ross Stores (ROST) COO Michael O’Sullivan resigns to go elsewhere. Allegheny Technology (ATI) guides lower sighting lower China demand. Verso (VRS) President Christopher DiSantis resigns effective immediately. CalAmp (CAMP) wins reversal in Federal Circuit Court against Omega Patents. Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 were up slightly until 4:00 a.m. EDT and have popped on a variety of news. U.S. futures: S&P +17, Dow Jones +213, NDX +38.50 and Russell 2000 +10.60 with fair values  HIGHER CUTTING INTO GAINS SLIGHTLY. Asia mixed and Europe…

Morning Note – 4/11/19

Morning Note

Morning Note

posted by CAPIS on 04/11/2019 at 7:33 am
by CAPIS on 04/11/2019

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tufin Software. IPOs on deck for Today: Tufin Software (TUFN) and Pagerduty (PD) of note. Secondaries on deck: CTRE AUTL BDSI  on deck. Notes Priced: PAR of note. IPO Filings Announced After The Close: Announcements For Secondary Filings & Financings:   CTRE BDSI TH common stock offering.  FLS files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close: Beat: BBBY +0.10 Mixed Guidance: BBBY News After The Close: Spirit (SAVE) sees Total Q1 Revenue Per Available Seat at 4% from 5% with CASM still at 2.5%. Costco (COST) sees March Comps +5.7% against +3.5%. Science Applications (SAIC) wins $292 million NASA contract through its Safety and Mission Assurance Engineering unit. Northrup Grumman (NOC) wins a $3.17 billion Navy contract. Deere & Co (DE) out with March Sales mixed results. Rogers Communications (RCI) wins 20 year contract to build out 5G. Reverse Stock Split: RAD (1:20) Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 4:00 a.m. EDT and have been rising since with a range of…

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tufin Software. IPOs on deck for Today: Tufin Software (TUFN) and Pagerduty (PD) of note. Secondaries on deck: CTRE AUTL BDSI  on deck. Notes Priced: PAR of note. IPO Filings Announced After The Close: Announcements For Secondary Filings & Financings:   CTRE BDSI TH common stock offering.  FLS files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close: Beat: BBBY +0.10 Mixed Guidance: BBBY News After The Close: Spirit (SAVE) sees Total Q1 Revenue Per Available Seat at 4% from 5% with CASM still at 2.5%. Costco (COST) sees March Comps +5.7% against +3.5%. Science Applications (SAIC) wins $292 million NASA contract through its Safety and Mission Assurance Engineering unit. Northrup Grumman (NOC) wins a $3.17 billion Navy contract. Deere & Co (DE) out with March Sales mixed results. Rogers Communications (RCI) wins 20 year contract to build out 5G. Reverse Stock Split: RAD (1:20) Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 4:00 a.m. EDT and have been rising since with a range of…

Morning Note – 4/10/19

Morning Note

Morning Note

posted by CAPIS on 04/10/2019 at 7:32 am
by CAPIS on 04/10/2019

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: FIXX HUYA OTLK PTE Notes Priced: None of note. IPO Filings Announced After The Close: Announcements For Secondary Filings & Financings:    common stock offering.  files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close: Beat: WDFC +.02 Flat: PSMT GTBIF Missed: News After The Close: Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 10:00 9.m. EDT and have been rising since and are now up modestly.  That said , the range is rather narrow, 12 points. U.S. futures: S&P +4.50, Dow Jones +34, NDX +9 and Russell 2000 +3.00 with fair values SLIGHTLY 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 flat. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price $123.63 from $123.41 with yields lower since Tuesday morning with the…

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: FIXX HUYA OTLK PTE Notes Priced: None of note. IPO Filings Announced After The Close: Announcements For Secondary Filings & Financings:    common stock offering.  files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close: Beat: WDFC +.02 Flat: PSMT GTBIF Missed: News After The Close: Hourly Action This Past Week: Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 10:00 9.m. EDT and have been rising since and are now up modestly.  That said , the range is rather narrow, 12 points. U.S. futures: S&P +4.50, Dow Jones +34, NDX +9 and Russell 2000 +3.00 with fair values SLIGHTLY 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 flat. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price $123.63 from $123.41 with yields lower since Tuesday morning with the…

Morning Note – 4/9/19

Morning Note

Morning Note

posted by CAPIS on 04/09/2019 at 7:37 am
by CAPIS on 04/09/2019

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: DARE ZSUN of note. Notes Priced: None of note. IPO Filings Announced After The Close: Greenlane (GNLN) will offer 5.33 million shares at $14 to $16. Announcements For Secondary Filings & Financings:   FIXX CISN AUTL HOLI  common stock offering.  HOLI files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close News After The Close: Zogenix (ZGNX) receives Refusal To File letter from the FDA. PhaseBio Pharmaceuticals (PHAS) receives FDA Breakthrough Therapy designation. NASDAQ (NDAQ) reports U.S. equity options volume was 141 million versus 121 million last month and 151 million a year ago. Alkermes (ALKS) CEO Jim Robinson resigns and will leave on April 19th. Hourly Action This Past Week: Negative periods for the week are 9:30 to 10:00 a.m. EDT and 12:00 p.m. to 1:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 2:00 a.m. EDT and have been rising but still negative. That said , the range is rather narrow, 10 points.…

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: DARE ZSUN of note. Notes Priced: None of note. IPO Filings Announced After The Close: Greenlane (GNLN) will offer 5.33 million shares at $14 to $16. Announcements For Secondary Filings & Financings:   FIXX CISN AUTL HOLI  common stock offering.  HOLI files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close News After The Close: Zogenix (ZGNX) receives Refusal To File letter from the FDA. PhaseBio Pharmaceuticals (PHAS) receives FDA Breakthrough Therapy designation. NASDAQ (NDAQ) reports U.S. equity options volume was 141 million versus 121 million last month and 151 million a year ago. Alkermes (ALKS) CEO Jim Robinson resigns and will leave on April 19th. Hourly Action This Past Week: Negative periods for the week are 9:30 to 10:00 a.m. EDT and 12:00 p.m. to 1:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 2:00 a.m. EDT and have been rising but still negative. That said , the range is rather narrow, 10 points.…

Morning Note -4/8/19

Morning Note

Morning Note

posted by CAPIS on 04/08/2019 at 7:30 am
by CAPIS on 04/08/2019

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Pinterest will offer 75 million shares between $15 and $17 a share. Announcements For Secondary Filings & Financings:   OCUL TH common stock offering.  TTNP CPE NBEV SPPI  files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close None of note. News After The Close: Boeing (BA) to cut 737 Max production from 52 airplanes to 42 per month starting in April. Vornado Realty Trust (VNO) names Michael Franco as President and David Greenbaum as Vice Chairman. Dividend Increases: AON Hourly Action This Past Week: Negative periods for the week are 9:30 to 10:00 a.m. EDT and 12:00 p.m. to 1:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 2:00 a.m. EDT and have been rising but still negative. That said , the range is rather narrow, 10 points. U.S. futures: S&P -3, Dow Jones -77, NDX -7.75 and…

Corporate Actions IPOs on deck for This Week: 4 IPOs for this week- B. Riley Principled Merger Unit, Jumia Technologies, Pagerduty and Tulin Software. IPOs on deck for Today: None of note. Secondaries on deck: None of note. Notes Priced: None of note. IPO Filings Announced After The Close: Pinterest will offer 75 million shares between $15 and $17 a share. Announcements For Secondary Filings & Financings:   OCUL TH common stock offering.  TTNP CPE NBEV SPPI  files mixed shelf offering.   Courtesy of IPO Financial Earnings After The Close None of note. News After The Close: Boeing (BA) to cut 737 Max production from 52 airplanes to 42 per month starting in April. Vornado Realty Trust (VNO) names Michael Franco as President and David Greenbaum as Vice Chairman. Dividend Increases: AON Hourly Action This Past Week: Negative periods for the week are 9:30 to 10:00 a.m. EDT and 12:00 p.m. to 1:00 p.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500 fell until 2:00 a.m. EDT and have been rising but still negative. That said , the range is rather narrow, 10 points. U.S. futures: S&P -3, Dow Jones -77, NDX -7.75 and…

Morning Note -4/5/19

Morning Note

Morning Note

posted by CAPIS on 04/05/2019 at 7:32 am
by CAPIS on 04/05/2019

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Secondaries on deck: BZUN OTLK  Notes Priced: IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   SYRS common stock offering.  WTRH ANH files mixed shelf offering. SYRS files preferred offering. Courtesy of IPO Financial Earnings After The Close Beat: Missed: DLTH (0.11) Lower Guidance: DLTH News After The Close U.S. and China Trade Deal is about 4 weeks away claims President Trump with a papering of the deal 2 weeks later. Meredith (MDP) to ammend 10K from 2018 over internal control issues. Cognex (CGNX) CFO John Curran to resign as of 5/3. Novartis (NVS) details dispute of Amgen (AMGN) over migraine collaboration agreements. Accleron Pharmaceuticals (XLRN) ends development of Phase 1 molecule ACE-294. Southwest Airlines (LUV) reaches agreement with Aircraft Mechanics Fraternal Association over 2,400 mechanics and employees. Owens-Illinos (OI) names John Haudrich as CFO. The Washington Post suggests that Boeing (BA) has additional software problems. Stock Repurchase: HMST Index Changes: Semtech (SMTC) and PS Business Parks (PSB) to join S&P 400 MidCap while Boot Barn Holdings (BOOT) to join S&P SmallCap 600. Hourly Action…

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Secondaries on deck: BZUN OTLK  Notes Priced: IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   SYRS common stock offering.  WTRH ANH files mixed shelf offering. SYRS files preferred offering. Courtesy of IPO Financial Earnings After The Close Beat: Missed: DLTH (0.11) Lower Guidance: DLTH News After The Close U.S. and China Trade Deal is about 4 weeks away claims President Trump with a papering of the deal 2 weeks later. Meredith (MDP) to ammend 10K from 2018 over internal control issues. Cognex (CGNX) CFO John Curran to resign as of 5/3. Novartis (NVS) details dispute of Amgen (AMGN) over migraine collaboration agreements. Accleron Pharmaceuticals (XLRN) ends development of Phase 1 molecule ACE-294. Southwest Airlines (LUV) reaches agreement with Aircraft Mechanics Fraternal Association over 2,400 mechanics and employees. Owens-Illinos (OI) names John Haudrich as CFO. The Washington Post suggests that Boeing (BA) has additional software problems. Stock Repurchase: HMST Index Changes: Semtech (SMTC) and PS Business Parks (PSB) to join S&P 400 MidCap while Boot Barn Holdings (BOOT) to join S&P SmallCap 600. Hourly Action…

Morning Note – 4/4/19

Morning Note

Morning Note

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

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Tradeweb Markets (TW) , NGM Pharmaceuticals (NGM), Silk Road Medical (SILK) and Replay Acquisition (RPLAU)of note. Secondaries on deck: QTT EVOP TCDA AVEO DBVT NSPR PULM of note. Notes Priced: Tencent (TCEHY) prices $6 billion of notes. INFO. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:  AVEO SGMO DBVT common stock offering.  files mixed shelf offering. BZUN files convertible offering. Courtesy of IPO Financial Earnings After The Close Beat: None of note. Missed: RECN (0.02), LNDC (0.01). News After The Close Options and futures activity at the CBOE Global Markets (CBOE) for March was higher by 16.4% from February to 148.75 million contracts and futures rose 39.6% to 5.34 million. Bloomberg notes U.S. & China deal would give China until 2025 to meet certain commitments. Thestreet.com (TST) declares a one time dividend of $1.77 a share or $94.3 million and the Board approves a 1 for 10 reverse split effective 4/26. Red Robin Gourmet Burger (RRGB) announces retirement of CEO Denny Marie Post. Board Chairman Pattye Moore to serve as Interim CEO. Enersys (ENS)…

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Tradeweb Markets (TW) , NGM Pharmaceuticals (NGM), Silk Road Medical (SILK) and Replay Acquisition (RPLAU)of note. Secondaries on deck: QTT EVOP TCDA AVEO DBVT NSPR PULM of note. Notes Priced: Tencent (TCEHY) prices $6 billion of notes. INFO. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:  AVEO SGMO DBVT common stock offering.  files mixed shelf offering. BZUN files convertible offering. Courtesy of IPO Financial Earnings After The Close Beat: None of note. Missed: RECN (0.02), LNDC (0.01). News After The Close Options and futures activity at the CBOE Global Markets (CBOE) for March was higher by 16.4% from February to 148.75 million contracts and futures rose 39.6% to 5.34 million. Bloomberg notes U.S. & China deal would give China until 2025 to meet certain commitments. Thestreet.com (TST) declares a one time dividend of $1.77 a share or $94.3 million and the Board approves a 1 for 10 reverse split effective 4/26. Red Robin Gourmet Burger (RRGB) announces retirement of CEO Denny Marie Post. Board Chairman Pattye Moore to serve as Interim CEO. Enersys (ENS)…

Morning Note -4/3/19

Morning Note

Morning Note

posted by CAPIS on 04/03/2019 at 7:32 am
by CAPIS on 04/03/2019

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Ruhnn (RUHN) of note. Secondaries on deck:  ADXS STNE IZEA BILI QTT of note. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   STNE common stock offering. SBLK ACB files mixed shelf offering.  Courtesy of IPO Financial Earnings After The Close Beat: PLAY +0.11, GME +0.02 News After The Close CNBC reports that  Lyft (LYFT) underwriters have not been supporting the stock. Qualcomm (QCOM) confirms CFO George Davis to leave the firm as he moves to Intel (INTC) to be EVP/CFO. Signet Jewelers (SIG) President Sebastian Hobbs to step down tomorrow. SP Plus (SP) CFO Vance Johnston to leave 4/18 to pursue other opportunities. Altaba (AABA) Board approves the dissolution of the fund. Stock Repurchase:  10K Delays: EVC Hourly Action This Past Week: The only negative period for the week is 9:30 to 10:00 a.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500  have been rising since 8:00 p.m. EDT. U.S. futures: S&P +17, Dow Jones +124, NDX +46 and Russell 2000 +11.60 with fair values HIGHER CUTTING…

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Ruhnn (RUHN) of note. Secondaries on deck:  ADXS STNE IZEA BILI QTT of note. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   STNE common stock offering. SBLK ACB files mixed shelf offering.  Courtesy of IPO Financial Earnings After The Close Beat: PLAY +0.11, GME +0.02 News After The Close CNBC reports that  Lyft (LYFT) underwriters have not been supporting the stock. Qualcomm (QCOM) confirms CFO George Davis to leave the firm as he moves to Intel (INTC) to be EVP/CFO. Signet Jewelers (SIG) President Sebastian Hobbs to step down tomorrow. SP Plus (SP) CFO Vance Johnston to leave 4/18 to pursue other opportunities. Altaba (AABA) Board approves the dissolution of the fund. Stock Repurchase:  10K Delays: EVC Hourly Action This Past Week: The only negative period for the week is 9:30 to 10:00 a.m. EDT. Courtesy of Quantitative Partners, Inc. What’s Happening This Morning: Futures on the S&P 500  have been rising since 8:00 p.m. EDT. U.S. futures: S&P +17, Dow Jones +124, NDX +46 and Russell 2000 +11.60 with fair values HIGHER CUTTING…

Morning Note -4/2/19

Morning Note

Morning Note

posted by CAPIS on 04/02/2019 at 7:26 am
by CAPIS on 04/02/2019

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Powerbridge Technologies (PBTS) of note. Was originally due to be priced last week. Secondaries on deck:  STAG GLOG of note. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   STAG EVOP TCDA OCUL PANW SMHI ZEAL common stock offering. DTE FIXX IPG BTAI files mixed shelf offering. BILI files convertibles offering. PBA files for medium term notes. Courtesy of IPO Financial Earnings After The Close Beat: None of note. News After The Close FAA to receive Boeing’s (BA) final package of software enhancements for FAA approval. They are not going to rush moving forward on getting the 737 Max 8 back in production. North American Construction Group (NOA) announce oil sands contract with backlog of $400 million. C.H. Robinson (CHRW) names Scott Hagen as Interim CFO immediately. Last week we reported on departure of previous CFO. CMS finalizes Medicare Advantage and Part D payment and policy updates to increase competition so quality rises and costs continue to fall. A top ratings agency takes Wells Fargo (WFC) to Negative from Stable. Lockheed Martin (LMT) unit awarded…

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: Powerbridge Technologies (PBTS) of note. Was originally due to be priced last week. Secondaries on deck:  STAG GLOG of note. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   STAG EVOP TCDA OCUL PANW SMHI ZEAL common stock offering. DTE FIXX IPG BTAI files mixed shelf offering. BILI files convertibles offering. PBA files for medium term notes. Courtesy of IPO Financial Earnings After The Close Beat: None of note. News After The Close FAA to receive Boeing’s (BA) final package of software enhancements for FAA approval. They are not going to rush moving forward on getting the 737 Max 8 back in production. North American Construction Group (NOA) announce oil sands contract with backlog of $400 million. C.H. Robinson (CHRW) names Scott Hagen as Interim CFO immediately. Last week we reported on departure of previous CFO. CMS finalizes Medicare Advantage and Part D payment and policy updates to increase competition so quality rises and costs continue to fall. A top ratings agency takes Wells Fargo (WFC) to Negative from Stable. Lockheed Martin (LMT) unit awarded…

Morning Note – 4/1/19

Morning Note

Morning Note

posted by CAPIS on 04/01/2019 at 7:25 am
by CAPIS on 04/01/2019

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: None of note Secondaries on deck: AZN of note. Convertible or Senior Notes on Deck: AVGO prices Senior Notes. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   QTT TPNL STNE common stock offering. BDC MNKD GLPG files mixed shelf offering. ZLB file shelf offering. Courtesy of IPO Financial Earnings After The Close Beat: None of note. News After The Close Albany International (AIN) names Stephen Nolan as CFO/Treasurer to succeed John Cozzolino as of April 1st. Navy awards $975 million contract to Jacobs Engineering (JEC), Fluor (FLR) and Perini Management (TPC). Air Force awards $810 million contract to CACI International (CACI). Defense Logisitics Agency awards a $475 million contract to Philips (PHG). ComScore (SCOR) CEO resigns and lowers Q1 revenues. Weekend News Barrons: Cover was positive on AT&T (T) over Verizon (VZ). Positive on the DowDuPont (DWDP) spinoff. Cautious on Apple (AAPL) as it hoards cash. Positive on Amphenol (APH) as is dusts the S&P 500. The New York Times: Faulty sensor may have caused the crash of the Lion Air 737 Max which could implicate…

Corporate Actions IPOs on deck for This Week: 5 IPOs for this week IPOs on deck for Today: None of note Secondaries on deck: AZN of note. Convertible or Senior Notes on Deck: AVGO prices Senior Notes. IPO Filings Announced After The Close: None filed today to go public. Announcements For Secondary Filings & Financings:   QTT TPNL STNE common stock offering. BDC MNKD GLPG files mixed shelf offering. ZLB file shelf offering. Courtesy of IPO Financial Earnings After The Close Beat: None of note. News After The Close Albany International (AIN) names Stephen Nolan as CFO/Treasurer to succeed John Cozzolino as of April 1st. Navy awards $975 million contract to Jacobs Engineering (JEC), Fluor (FLR) and Perini Management (TPC). Air Force awards $810 million contract to CACI International (CACI). Defense Logisitics Agency awards a $475 million contract to Philips (PHG). ComScore (SCOR) CEO resigns and lowers Q1 revenues. Weekend News Barrons: Cover was positive on AT&T (T) over Verizon (VZ). Positive on the DowDuPont (DWDP) spinoff. Cautious on Apple (AAPL) as it hoards cash. Positive on Amphenol (APH) as is dusts the S&P 500. The New York Times: Faulty sensor may have caused the crash of the Lion Air 737 Max which could implicate…

Morning Note -3/29/19

Morning Note

Morning Note

posted by CAPIS on 03/29/2019 at 7:47 am
by CAPIS on 03/29/2019

Today will be a shortened update due to travel. We will be back to normal on Monday. Corporate Actions IPOs on deck for This Week: The largest IPO in recent memory was priced last night, Lyft. IPOs on deck for Today: Lyft (LYFT) and Powerbridge Technologies (PBTS) of note Secondaries on deck:  BPMC CHMA LULU RBZ of note. Courtesy of IPO Financial Earnings After The Close: Beat: SAIC +.30 RH +.14 PRGS +.03 OXM +.03  SGH+.02 Flat: Missed: What’s Happening This Morning:  U.S. futures: S&P +11, Dow Jones +107, NDX +33 and Russell 2000 +7 with fair values LOWER ADDING TO GAINS. Asia and Europe higher, click through for details by country. 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 $124.17 from $124.66 yesterday. Prices as of 8:45 a.m. EST. Top Sectors Thursday: Services, Industrials, Financial and Consumer Goods. Weakest Sectors Thursday: Utilities and Conglomerates. One Month Winners: Technology, Conglomerates, Consumer Goods and Utilities. Three Month Winners:  Conglomerates, Technology, Industrials, Materials and Services. Six Month Winners: Utilities,Conglomerates and Technology. Twelve Month Winners: Utilities, Conglomerates, Healthcare and Services. Year to…

Today will be a shortened update due to travel. We will be back to normal on Monday. Corporate Actions IPOs on deck for This Week: The largest IPO in recent memory was priced last night, Lyft. IPOs on deck for Today: Lyft (LYFT) and Powerbridge Technologies (PBTS) of note Secondaries on deck:  BPMC CHMA LULU RBZ of note. Courtesy of IPO Financial Earnings After The Close: Beat: SAIC +.30 RH +.14 PRGS +.03 OXM +.03  SGH+.02 Flat: Missed: What’s Happening This Morning:  U.S. futures: S&P +11, Dow Jones +107, NDX +33 and Russell 2000 +7 with fair values LOWER ADDING TO GAINS. Asia and Europe higher, click through for details by country. 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 $124.17 from $124.66 yesterday. Prices as of 8:45 a.m. EST. Top Sectors Thursday: Services, Industrials, Financial and Consumer Goods. Weakest Sectors Thursday: Utilities and Conglomerates. One Month Winners: Technology, Conglomerates, Consumer Goods and Utilities. Three Month Winners:  Conglomerates, Technology, Industrials, Materials and Services. Six Month Winners: Utilities,Conglomerates and Technology. Twelve Month Winners: Utilities, Conglomerates, Healthcare and Services. Year to…

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