Morning Note

842 total posts

CAPIS Morning Note – 04/21/22: Stocks Higher As Earnings Are Coming In Strong

Morning Note

Morning Note

posted by CAPIS on 04/21/2022 at 8:13 am
by CAPIS on 04/21/2022

Overnight Summary: The S&P 500 closed Wednesday at 4459.45  from 4462.21  on Tuesday down -0.06%. Futures traded higher most of the night. The overnight high was hit at 4:20 a.m. EDT this morning at 4,493.75. The low was hit at 4,454 at 4:05 p.m. EDT, a range of 39 points high to low. At 7:30 a.m. EDT the current price is 4492.25 which is 0.82% and 36.75. Earnings Out After The Close: Beats: TSLA +0.95, THC +0.87, VMI +0.63, RLI +0.45, AA +0.18, LSTR +0.15, LBRT +0.11, CNS +0.09, KNX +0.09, EFX +0.08, UMPQ +0.03, CSX +0.02, FR +0.01, SLG +0.01, BDN +0.01, KMI +0.01, STLD +0.01. Flat: CVBF +0.00, KALU +0.00. Misses: CVNA (1.31), SNBR (0.25), LRCX (0.11), GL (0.03), TCBI (0.03), UAL (0.02), CCI (0.02), SEIC (0.01). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Holley Inc. (HLLY) prices secondary offering of 8.0 mln shares of common stock at $12.00 per share. Notes Priced of note: None of note. Common Stock filings/Notes: CING: Filed Form 424B4.. 4,791,665 Shares of Common Stock Issuable Upon Exercise of Previously Issued Warrants. CVNA: Filed Form 424B5.. $1,000,000,000 Class A Common Stock. Pricing of…

Overnight Summary: The S&P 500 closed Wednesday at 4459.45  from 4462.21  on Tuesday down -0.06%. Futures traded higher most of the night. The overnight high was hit at 4:20 a.m. EDT this morning at 4,493.75. The low was hit at 4,454 at 4:05 p.m. EDT, a range of 39 points high to low. At 7:30 a.m. EDT the current price is 4492.25 which is 0.82% and 36.75. Earnings Out After The Close: Beats: TSLA +0.95, THC +0.87, VMI +0.63, RLI +0.45, AA +0.18, LSTR +0.15, LBRT +0.11, CNS +0.09, KNX +0.09, EFX +0.08, UMPQ +0.03, CSX +0.02, FR +0.01, SLG +0.01, BDN +0.01, KMI +0.01, STLD +0.01. Flat: CVBF +0.00, KALU +0.00. Misses: CVNA (1.31), SNBR (0.25), LRCX (0.11), GL (0.03), TCBI (0.03), UAL (0.02), CCI (0.02), SEIC (0.01). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Holley Inc. (HLLY) prices secondary offering of 8.0 mln shares of common stock at $12.00 per share. Notes Priced of note: None of note. Common Stock filings/Notes: CING: Filed Form 424B4.. 4,791,665 Shares of Common Stock Issuable Upon Exercise of Previously Issued Warrants. CVNA: Filed Form 424B5.. $1,000,000,000 Class A Common Stock. Pricing of…

CAPIS Morning Note – 04/20/22: S&P 500 Futures Turn Positive After Weak Overnight Session

Morning Note

Morning Note

posted by CAPIS on 04/20/2022 at 8:11 am
by CAPIS on 04/20/2022

Overnight Summary: The S&P 500 closed Tuesday at 4462.21 from 4391.69  on Monday up 1.61%. Futures traded sideways to lower most of the night before getting back to flat as we write. The overnight high was hit at 6:35 a.m. EDT this morning at 4,465. The low was hit at 4,432.75 at 9:35 p.m. EDT, a range of 33 points high to low. At 7:35 a.m. EDT the current price is 4459.25 which is 0.00% and 0.00. Breaking News: Earnings Out After The Close: Beats: NFLX +0.61, WTFC +0.55, LRN +0.14, HWC +0.08, MRTN +0.07, FULT +0.06, OMC +0.06, FHN +0.03, REXR +0.03, IBM +0.01. Flat: IBKR +0.00. Misses: UCBI (0.05), PACW (0.03). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: ACER: Filed Form S-3.. 2,478,000 Shares of Common Stock. BRC Inc. (BRCC) Announces “Redemption Fair Market Value” in Connection With Redemption of its Outstanding Warrants. MIMO: Filed Form S-1.. Up to 12,045,000 Shares of CommonStock and Up to 72,934,201 Shares of Common Stock and Up to 7,358,078 Warrants to Purchase Common Stock Offered By the Selling Securityholders.…

Overnight Summary: The S&P 500 closed Tuesday at 4462.21 from 4391.69  on Monday up 1.61%. Futures traded sideways to lower most of the night before getting back to flat as we write. The overnight high was hit at 6:35 a.m. EDT this morning at 4,465. The low was hit at 4,432.75 at 9:35 p.m. EDT, a range of 33 points high to low. At 7:35 a.m. EDT the current price is 4459.25 which is 0.00% and 0.00. Breaking News: Earnings Out After The Close: Beats: NFLX +0.61, WTFC +0.55, LRN +0.14, HWC +0.08, MRTN +0.07, FULT +0.06, OMC +0.06, FHN +0.03, REXR +0.03, IBM +0.01. Flat: IBKR +0.00. Misses: UCBI (0.05), PACW (0.03). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: ACER: Filed Form S-3.. 2,478,000 Shares of Common Stock. BRC Inc. (BRCC) Announces “Redemption Fair Market Value” in Connection With Redemption of its Outstanding Warrants. MIMO: Filed Form S-1.. Up to 12,045,000 Shares of CommonStock and Up to 72,934,201 Shares of Common Stock and Up to 7,358,078 Warrants to Purchase Common Stock Offered By the Selling Securityholders.…

CAPIS Morning Note – 04/19/22: Stocks Mixed As We Head Into Tuesday Action

Morning Note

Morning Note

posted by CAPIS on 04/19/2022 at 8:12 am
by CAPIS on 04/19/2022

Overnight Summary: The S&P 500 closed Monday at 4391.69  from 4392.59  on Thursday up 0.04%. Futures have been mixed most of the night. The overnight high was hit at 8:00 p.m. EDT last night at 4,411. The low was hit at 4,371 at 5:55 a.m. EDT, a range of 22 points high to low. At 7:25 a.m. EDT the current price is 4385 which is -0.04% and -1.75. Breaking News: Russian President Putin calls for all foreign listings of Russian companies to be rescinded. Could be a big hit to the Oligarchs. (Bloomberg) Earnings Out After The Close: Beats: JBHT +0.035, HOPE +0.11, PNFP +0.08, ELS +0.02, FNB +0.02. Flat: NBHC. Misses: None of note. Capital Raises: IPOs Priced or News: GOVX: Announces Closing of Initial Public Offering and Exercise of Full Over-Allotment Option. EE: Closing of Initial Public Offering. New SPACs launched/News: Brilliant Acquisition Corporation (BRLI) Announces the Filing of a Registration Statement on Form S-4 in Connection with its Business Combination with Nukkleus Inc. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: CRNX: Closing of Underwritten Common Stock Offering. LQDA: Closing of Public Offering of Common Stock and Full Exercise of…

Overnight Summary: The S&P 500 closed Monday at 4391.69  from 4392.59  on Thursday up 0.04%. Futures have been mixed most of the night. The overnight high was hit at 8:00 p.m. EDT last night at 4,411. The low was hit at 4,371 at 5:55 a.m. EDT, a range of 22 points high to low. At 7:25 a.m. EDT the current price is 4385 which is -0.04% and -1.75. Breaking News: Russian President Putin calls for all foreign listings of Russian companies to be rescinded. Could be a big hit to the Oligarchs. (Bloomberg) Earnings Out After The Close: Beats: JBHT +0.035, HOPE +0.11, PNFP +0.08, ELS +0.02, FNB +0.02. Flat: NBHC. Misses: None of note. Capital Raises: IPOs Priced or News: GOVX: Announces Closing of Initial Public Offering and Exercise of Full Over-Allotment Option. EE: Closing of Initial Public Offering. New SPACs launched/News: Brilliant Acquisition Corporation (BRLI) Announces the Filing of a Registration Statement on Form S-4 in Connection with its Business Combination with Nukkleus Inc. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: CRNX: Closing of Underwritten Common Stock Offering. LQDA: Closing of Public Offering of Common Stock and Full Exercise of…

CAPIS Morning Note – 04/18/22: Busy Earnings Week Ahead, Stocks Look To Start Lower But Off Morning Lows

Morning Note

Morning Note

posted by CAPIS on 04/18/2022 at 8:19 am
by CAPIS on 04/18/2022

Overnight Summary: The S&P 500 closed Thursday at 4392.59  from 4446.59  on Wednesday down -1.21%. Futures have been lower most of the night. The overnight high was hit at 6:05 p.m. EDT last night at 4,390. The low was hit at 4,355.50 at 8:05 a.m. EDT, a range of 45 points high to low. At 7:25 a.m. EDT the current price is 4379.75 which is -0.18% and -7.75. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Fat Projects Acquisition Corp (FATP) Delays Filing of Annual Report on Form 10-K. East Stone Acquisition Corp (ESSC) announces business combination with ICONIQ Holding. Secondaries Priced: Notes Priced of note: None of note. Common Stock filings/Notes: CDNA: Filed Form 424B5.. $200,000,000 Common Stock. CLNN: Form 8K.. equity distribution AGREEMENT $50 Million. CNTB: Filed Form F-3.. Up to $300,000,000 of American Depositary Shares. DBGI: Filed Form S-1.. Common Stock filing. DRTS: Filed Form F-1.. Primary offering of 15,771,733, ordinary shares secondary offering of 9,251,006. FHTX: Filed Form 424B5.. $200,000,000 Common Stock. HGEN: Filed Form 424B5.. Up to $75,000,000 Common Stock. PTRA: Filed Form S-1.. …

Overnight Summary: The S&P 500 closed Thursday at 4392.59  from 4446.59  on Wednesday down -1.21%. Futures have been lower most of the night. The overnight high was hit at 6:05 p.m. EDT last night at 4,390. The low was hit at 4,355.50 at 8:05 a.m. EDT, a range of 45 points high to low. At 7:25 a.m. EDT the current price is 4379.75 which is -0.18% and -7.75. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Fat Projects Acquisition Corp (FATP) Delays Filing of Annual Report on Form 10-K. East Stone Acquisition Corp (ESSC) announces business combination with ICONIQ Holding. Secondaries Priced: Notes Priced of note: None of note. Common Stock filings/Notes: CDNA: Filed Form 424B5.. $200,000,000 Common Stock. CLNN: Form 8K.. equity distribution AGREEMENT $50 Million. CNTB: Filed Form F-3.. Up to $300,000,000 of American Depositary Shares. DBGI: Filed Form S-1.. Common Stock filing. DRTS: Filed Form F-1.. Primary offering of 15,771,733, ordinary shares secondary offering of 9,251,006. FHTX: Filed Form 424B5.. $200,000,000 Common Stock. HGEN: Filed Form 424B5.. Up to $75,000,000 Common Stock. PTRA: Filed Form S-1.. …

CAPIS Morning Note – 04/14/22: Stocks Flat Into The Long Weekend. Musk Offers To Buy Twitter (TWTR)

Morning Note

Morning Note

posted by CAPIS on 04/14/2022 at 8:11 am
by CAPIS on 04/14/2022

Please note: We will not be publishing Friday morning with the markets closed in observance of Good Friday. Overnight Summary: The S&P 500 closed Wednesday at 4446.59 from 4397.45 on Tuesday up 1.12%. Futures have been flat most of the night. The overnight high was hit at 2:00 a.m. EDT at 4,455. The low was hit at 4,436 at 5:55 a.m. EDT, a range of 20 points high to low. At 7:20 a.m. EDT the current price is 4442.25 which is 0.00%. Breaking News: European Central Bank ends bond buying due to inflation surge. Earnings Out After The Close: Beats: None of note. Flat: WAFD. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Sonic Foundry (SOFO) Announces Pricing of $4.3 Million Public Offering Notes Priced of note: None of note. Common Stock filings/Notes: SOFO: Filed Form 424B5.. Common Stock Pricing of Over-Allotment/Notes: None of note. Direct Offering: Oncocyte Corporation (OCX) Announces Pricing of Registered Direct Offering of 11,765 Shares of Series A Convertible Preferred Stock. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ES: Filed Form…

Please note: We will not be publishing Friday morning with the markets closed in observance of Good Friday. Overnight Summary: The S&P 500 closed Wednesday at 4446.59 from 4397.45 on Tuesday up 1.12%. Futures have been flat most of the night. The overnight high was hit at 2:00 a.m. EDT at 4,455. The low was hit at 4,436 at 5:55 a.m. EDT, a range of 20 points high to low. At 7:20 a.m. EDT the current price is 4442.25 which is 0.00%. Breaking News: European Central Bank ends bond buying due to inflation surge. Earnings Out After The Close: Beats: None of note. Flat: WAFD. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Sonic Foundry (SOFO) Announces Pricing of $4.3 Million Public Offering Notes Priced of note: None of note. Common Stock filings/Notes: SOFO: Filed Form 424B5.. Common Stock Pricing of Over-Allotment/Notes: None of note. Direct Offering: Oncocyte Corporation (OCX) Announces Pricing of Registered Direct Offering of 11,765 Shares of Series A Convertible Preferred Stock. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ES: Filed Form…

CAPIS Morning Note – 04/13/22: Day 2 of Inflation Data At 8:30 a.m. EDT as PPI Out Then. Stocks Higher In U.S. and Mixed Globally

Morning Note

Morning Note

posted by CAPIS on 04/13/2022 at 8:12 am
by CAPIS on 04/13/2022

Overnight Summary: The S&P 500 closed Tuesday at 4397.45 from 4412.53 on Monday down -0.34%. Futures have been moving higher most of the night. The overnight high was hit at 2:00 a.m. EDT at 4,428.50. The low was hit at 4,387.75 at 4:05 p.m. EDT, a range of 40 points high to low. At 7:20 a.m. EDT the current price is 4420 up 27 which is 0.61%. Crazy Stat: Covid-19 Cases hit 300 million by early January, 400 million in February and now 500 million. (NYT) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Aura FAT Projects Acquisition Corp. (AFAR) Announces Pricing of $100,000,000 Initial Public Offering. Secondaries Priced: AFMD prices $90 million offering at $4.00 per share. CRNX prices offering of 5,625,563 shares of its common stock at $22.22 per share. LQDA prices $50 million offering at $5.10 per share. Notes Priced of note: None of note. Common Stock filings/Notes: AFMD: Proposed Public Offering of Common Shares.. Jefferies, Leerink, Truist and WFC Bookmanager. Announces Pricing of Upsized $90 Million Public Offering of Common Shares. CNTX: Filed Form 424B3..10,000,000 Shares…

Overnight Summary: The S&P 500 closed Tuesday at 4397.45 from 4412.53 on Monday down -0.34%. Futures have been moving higher most of the night. The overnight high was hit at 2:00 a.m. EDT at 4,428.50. The low was hit at 4,387.75 at 4:05 p.m. EDT, a range of 40 points high to low. At 7:20 a.m. EDT the current price is 4420 up 27 which is 0.61%. Crazy Stat: Covid-19 Cases hit 300 million by early January, 400 million in February and now 500 million. (NYT) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Aura FAT Projects Acquisition Corp. (AFAR) Announces Pricing of $100,000,000 Initial Public Offering. Secondaries Priced: AFMD prices $90 million offering at $4.00 per share. CRNX prices offering of 5,625,563 shares of its common stock at $22.22 per share. LQDA prices $50 million offering at $5.10 per share. Notes Priced of note: None of note. Common Stock filings/Notes: AFMD: Proposed Public Offering of Common Shares.. Jefferies, Leerink, Truist and WFC Bookmanager. Announces Pricing of Upsized $90 Million Public Offering of Common Shares. CNTX: Filed Form 424B3..10,000,000 Shares…

CAPIS Morning Note – 04/12/22: The Big Kahuna For Today That Will Drive Trading is March CPI At 8:30 A.M CDT

Morning Note

Morning Note

posted by CAPIS on 04/12/2022 at 8:11 am
by CAPIS on 04/12/2022

Overnight Summary: The S&P 500 closed Monday at 4412.53 from 4488.28  on Friday down 1.69%. This is now the second day in April where the S&P 500 has lost more than -1%. Futures have been moving lower most of the night before turning up at 3:45 a.m. EDT. The overnight high was hit at 6:40 a.m. EDT at 4,414. The low was hit at 4,382 at 3:45 a.m. EDT, a range of 32 points high to low. At 7:05 a.m. EDT the current price is 4407 down -1.75 which is -0.04%. Trading Note: Stock and bond trading the next two days will be driven by CPI today and PPI tomorrow. Most expect the worst monthly number in many years at 1.2% for each data point. Is this a case of sell the rumor and buy the news? Time will tell. Breaking News: Russian President Putin this morning warns that Russia cannot become isolated. Maybe they should quit invading countries? (CNBC) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: HOTH 7M shares offering priced at…

Overnight Summary: The S&P 500 closed Monday at 4412.53 from 4488.28  on Friday down 1.69%. This is now the second day in April where the S&P 500 has lost more than -1%. Futures have been moving lower most of the night before turning up at 3:45 a.m. EDT. The overnight high was hit at 6:40 a.m. EDT at 4,414. The low was hit at 4,382 at 3:45 a.m. EDT, a range of 32 points high to low. At 7:05 a.m. EDT the current price is 4407 down -1.75 which is -0.04%. Trading Note: Stock and bond trading the next two days will be driven by CPI today and PPI tomorrow. Most expect the worst monthly number in many years at 1.2% for each data point. Is this a case of sell the rumor and buy the news? Time will tell. Breaking News: Russian President Putin this morning warns that Russia cannot become isolated. Maybe they should quit invading countries? (CNBC) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: HOTH 7M shares offering priced at…

CAPIS Morning Note – 04/11/22: Stocks Lower. Earnings Season Begins in Earnest Wednesday With Bank Stocks.

Morning Note

Morning Note

posted by CAPIS on 04/11/2022 at 8:11 am
by CAPIS on 04/11/2022

Overnight Summary: The S&P 500 closed Friday at 4488.28 from 4500.21  on Thursday. Futures have been moving lower most of the night. The overnight high was hit at 3:50 a.m. EDT at 4,482. The low was hit at 4,450 at 1:30 a.m. EDT. At 7:05 a.m. EDT the current price is 4468 down -15.25 which is 0.34%. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: ALLT: Filed Form F-3..Up to 12,785,917 Ordinary Shares. Crescent Energy (CRGY) files for $75 million common stock offering. HTGM: Filed Form S-3.. 9,734,961 shares of Common Stock. NRXP: Filed Form S-1,, 7,824,727 Shares of Common Stock 8,215,963 Shares of Common Stock Issuable Upon Exercise of Preferred Investment Options. ZH: Filed Form 424B5.. 26,000,000 Class A Ordinary Shares. Pricing of Over-Allotment/Notes: None of note. Direct Offering: Celsion Corporation (CLSN) Announces Closing of $7.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): BDSX private…

Overnight Summary: The S&P 500 closed Friday at 4488.28 from 4500.21  on Thursday. Futures have been moving lower most of the night. The overnight high was hit at 3:50 a.m. EDT at 4,482. The low was hit at 4,450 at 1:30 a.m. EDT. At 7:05 a.m. EDT the current price is 4468 down -15.25 which is 0.34%. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: ALLT: Filed Form F-3..Up to 12,785,917 Ordinary Shares. Crescent Energy (CRGY) files for $75 million common stock offering. HTGM: Filed Form S-3.. 9,734,961 shares of Common Stock. NRXP: Filed Form S-1,, 7,824,727 Shares of Common Stock 8,215,963 Shares of Common Stock Issuable Upon Exercise of Preferred Investment Options. ZH: Filed Form 424B5.. 26,000,000 Class A Ordinary Shares. Pricing of Over-Allotment/Notes: None of note. Direct Offering: Celsion Corporation (CLSN) Announces Closing of $7.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): BDSX private…

CAPIS Morning Note – 04/08/22: S&P 500 Futures Rise But Still Lower For The Week. Last Week Closed At 4545.86.

Morning Note

Morning Note

posted by CAPIS on 04/08/2022 at 8:16 am
by CAPIS on 04/08/2022

Overnight Summary: The S&P 500 closed Thursday at 4500.21 from 4481.15 on Wednesday. Futures have been moving higher after weakness into the midnight hour. The overnight high was hit at 4:30 a.m. EDT at 4,519.75. The low was hit at 4,491.75 at 8:30 p.m. EDT. At 7:30 a.m. EDT the current price is 4512.25 up +16 which is 0.36%. Earnings Out After The Close: Beats: WDFC +0.39, PSMT +0.04. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: Ballantyne Strong (BTN) Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Strong Global Entertainment, Inc. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: ESTE: Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027. Freeport Indonesia (FCX )Prices $3.0 Billion of Senior Notes. Take-Two Interactive Software, Inc. (TTWO) Announces Pricing of $2.7 Billion Senior Notes Offering. Common Stock filings/Notes: BTTX: Filed Form 424B3.. Up to 20,406,908 Shares of Common Stock. CPT: Public Offering of Common Shares.. 5.9Million shares .. BAC and WFC Bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: None of note. Private Placement…

Overnight Summary: The S&P 500 closed Thursday at 4500.21 from 4481.15 on Wednesday. Futures have been moving higher after weakness into the midnight hour. The overnight high was hit at 4:30 a.m. EDT at 4,519.75. The low was hit at 4,491.75 at 8:30 p.m. EDT. At 7:30 a.m. EDT the current price is 4512.25 up +16 which is 0.36%. Earnings Out After The Close: Beats: WDFC +0.39, PSMT +0.04. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: Ballantyne Strong (BTN) Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Strong Global Entertainment, Inc. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: ESTE: Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027. Freeport Indonesia (FCX )Prices $3.0 Billion of Senior Notes. Take-Two Interactive Software, Inc. (TTWO) Announces Pricing of $2.7 Billion Senior Notes Offering. Common Stock filings/Notes: BTTX: Filed Form 424B3.. Up to 20,406,908 Shares of Common Stock. CPT: Public Offering of Common Shares.. 5.9Million shares .. BAC and WFC Bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: None of note. Private Placement…

CAPIS Morning Note – 04/07/22: Stocks Rebound In The Pre-Market After Two Hard Days Of Selling. Tiger Tees Off At The Masters Today.

Morning Note

Morning Note

posted by CAPIS on 04/07/2022 at 8:13 am
by CAPIS on 04/07/2022

Overnight Summary: The S&P 500 closed Wednesday at 4481.15 from 4525.12 on Tuesday. Futures have been moving higher after weakness into the midnight hour. The overnight high was hit at 7:10 a.m. EDT at 4,497. The low was hit at 4,454 at 12:30 a.m. EDT. At 7:30 a.m. EDT the current price is 4485 up +10 which is 0.22%. Earnings Out After The Close: Beats: RGP +0.25, LEVI +0.04, CXM +.04. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: AvalonBay Communities (AVB) Prices Public Offering of 2,000,000 Shares of Common Stock. SELB $38 million offering at $1.41/share with warrants at $1.55/share. Xponential Fitness (XPOF) prices offering of 4.5 million shares of common stock at $20.00 per share. Notes Priced of note: Burford Capital (BUR) Limited Announces Pricing and Upsizing of Senior Notes Offering. Common Stock filings/Notes: CCC Intelligent Solutions Holdings Inc. (CCCS) Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders. IGMS: Closing of $230.0 Million Public Offering. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: None of note. Private Placement of Public Entity…

Overnight Summary: The S&P 500 closed Wednesday at 4481.15 from 4525.12 on Tuesday. Futures have been moving higher after weakness into the midnight hour. The overnight high was hit at 7:10 a.m. EDT at 4,497. The low was hit at 4,454 at 12:30 a.m. EDT. At 7:30 a.m. EDT the current price is 4485 up +10 which is 0.22%. Earnings Out After The Close: Beats: RGP +0.25, LEVI +0.04, CXM +.04. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: AvalonBay Communities (AVB) Prices Public Offering of 2,000,000 Shares of Common Stock. SELB $38 million offering at $1.41/share with warrants at $1.55/share. Xponential Fitness (XPOF) prices offering of 4.5 million shares of common stock at $20.00 per share. Notes Priced of note: Burford Capital (BUR) Limited Announces Pricing and Upsizing of Senior Notes Offering. Common Stock filings/Notes: CCC Intelligent Solutions Holdings Inc. (CCCS) Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders. IGMS: Closing of $230.0 Million Public Offering. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: None of note. Private Placement of Public Entity…

CAPIS Morning Note – 04/06/22: Stocks Sell off Into FOMC Minutes Today At 2:00 p.m. EDT

Morning Note

Morning Note

posted by CAPIS on 04/06/2022 at 8:13 am
by CAPIS on 04/06/2022

Overnight Summary: The S&P 500 closed Tuesday at 4525.12 from 4582.64 on Monday. Futures have been moving lower after an early morning peak. The overnight high was hit at 2:40 a.m. EDT at 4,528. The low was hit at 4,484 at 7:20 a.m. EDT. At 7:20 a.m. EDT the current price is 4484 down -37 which is -0.84%. Earnings Out After The Close: Beats: SGH +0.15. Flat: None of note. Misses: ARRY (0.03). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: None of note. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: NINE: Filed Form S-3..9,326,080 Shares of Common Stock Offered by the Selling Stockholders. Private Placement of Public Entity (PIPE):  NuScale Power and Spring Valley Acquisition Corp (SV). Announce $15 Million PIPE Investment from Nucor (NUE). Mixed Shelf Offerings: AFCG: Filed Form S-3.. $1,000,000,000 Mixed Shelf. CRDF: Filed Form S-3.. $250 million Mixed Shelf. LGVN: Filed Form S-3.. $50,000,000 Mixed Shelf. MLAB Mesa Laboratories files mixed securities shelf offering. NINE: Filed Form S-3..$250,000,000 Mixed Shelf. YCBD: Filed Form S-3.. $200,000,000 Mixed…

Overnight Summary: The S&P 500 closed Tuesday at 4525.12 from 4582.64 on Monday. Futures have been moving lower after an early morning peak. The overnight high was hit at 2:40 a.m. EDT at 4,528. The low was hit at 4,484 at 7:20 a.m. EDT. At 7:20 a.m. EDT the current price is 4484 down -37 which is -0.84%. Earnings Out After The Close: Beats: SGH +0.15. Flat: None of note. Misses: ARRY (0.03). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: None of note. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: NINE: Filed Form S-3..9,326,080 Shares of Common Stock Offered by the Selling Stockholders. Private Placement of Public Entity (PIPE):  NuScale Power and Spring Valley Acquisition Corp (SV). Announce $15 Million PIPE Investment from Nucor (NUE). Mixed Shelf Offerings: AFCG: Filed Form S-3.. $1,000,000,000 Mixed Shelf. CRDF: Filed Form S-3.. $250 million Mixed Shelf. LGVN: Filed Form S-3.. $50,000,000 Mixed Shelf. MLAB Mesa Laboratories files mixed securities shelf offering. NINE: Filed Form S-3..$250,000,000 Mixed Shelf. YCBD: Filed Form S-3.. $200,000,000 Mixed…

CAPIS Morning Note – 04/05/22: Stocks Modestly Lower Overnight as Europe Looks To Increase Sanctions On Russia. Shanghai Extends Lockdown.

Morning Note

Morning Note

posted by CAPIS on 04/05/2022 at 8:13 am
by CAPIS on 04/05/2022

Overnight Summary: The S&P 500 closed Monday at 4582.64  from 4545.86  on Friday. Futures have been moving lower on the early morning peak. The overnight high was hit at 3:40 a.m. EDT at 4,587. The low was hit at 4,563 at 6:40 a.m. EDT. At 7:30 a.m. EDT the current price is 4566 down -11 which is -0.26%. Breaking News: EU may suspend the purchase of coal from Russia as it extends sanctions. (CNBC) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: DNA: Filed Form S-1… Prospectus for 292,051,107 Shares of Class A Common Stock. GVP: Filed Form S-3.. 5,428,276 Shares of Common Stock. TRIN: Offering of $50.0 Million of Shares of Common Stock .. Keefe, Stifel, WFC and UBS Bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: XPOF: Secondary Offering of Class A Common Stock by Selling Stockholders.. 4.5 million shares.. BAC and Jefferies bookmanager. Private Placement of Public Entity (PIPE): MDVL:…

Overnight Summary: The S&P 500 closed Monday at 4582.64  from 4545.86  on Friday. Futures have been moving lower on the early morning peak. The overnight high was hit at 3:40 a.m. EDT at 4,587. The low was hit at 4,563 at 6:40 a.m. EDT. At 7:30 a.m. EDT the current price is 4566 down -11 which is -0.26%. Breaking News: EU may suspend the purchase of coal from Russia as it extends sanctions. (CNBC) Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: DNA: Filed Form S-1… Prospectus for 292,051,107 Shares of Class A Common Stock. GVP: Filed Form S-3.. 5,428,276 Shares of Common Stock. TRIN: Offering of $50.0 Million of Shares of Common Stock .. Keefe, Stifel, WFC and UBS Bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: XPOF: Secondary Offering of Class A Common Stock by Selling Stockholders.. 4.5 million shares.. BAC and Jefferies bookmanager. Private Placement of Public Entity (PIPE): MDVL:…

CAPIS Morning Note – 04/04/22: Light Week Ahead For Earnings & Economic Data, Stocks Up Modestly

Morning Note

Morning Note

posted by CAPIS on 04/04/2022 at 8:16 am
by CAPIS on 04/04/2022

Overnight Summary: The S&P 500 closed Friday at 4545.86 from 4530.61 on Thursday. Futures have been moving higher since Friday’s close. The overnight high was hit at 6:20 a.m. EDT at 4,551. The low was hit at 4,527.50 at 8:25 p.m. EDT. At 7:20 a.m. EDT the current price is 4545.75 up +6.50 which is 0.14%. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Iron Spark I Inc (ISAA): Hypebeast plans to list on NASDAQ through Merger with Iron Spark I. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: DLR: Filed Form 424B5.. $1,500,000,000 Common Stock. OLO: Filed Form S-3ASR.. 3,460,168 shares of Class A Common Stock. WE: Filed Form S-1.. 552,382 Shares of Class A Common Stock. WELL: Filed Form S-3ASR.. Common Stock Offering. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: Valley National (VLY) files for common stock offering by selling shareholders. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: DM: Filed Form S-3ASR.. Mixed Shelf Offering. EWTX: Filed…

Overnight Summary: The S&P 500 closed Friday at 4545.86 from 4530.61 on Thursday. Futures have been moving higher since Friday’s close. The overnight high was hit at 6:20 a.m. EDT at 4,551. The low was hit at 4,527.50 at 8:25 p.m. EDT. At 7:20 a.m. EDT the current price is 4545.75 up +6.50 which is 0.14%. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Iron Spark I Inc (ISAA): Hypebeast plans to list on NASDAQ through Merger with Iron Spark I. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings/Notes: DLR: Filed Form 424B5.. $1,500,000,000 Common Stock. OLO: Filed Form S-3ASR.. 3,460,168 shares of Class A Common Stock. WE: Filed Form S-1.. 552,382 Shares of Class A Common Stock. WELL: Filed Form S-3ASR.. Common Stock Offering. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: Valley National (VLY) files for common stock offering by selling shareholders. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: DM: Filed Form S-3ASR.. Mixed Shelf Offering. EWTX: Filed…

CAPIS Morning Note – 04/01/22: Stocks Higher But Job’s Friday At 8:30 a.m. EDT. Will It Hold?

Morning Note

Morning Note

posted by CAPIS on 04/01/2022 at 8:16 am
by CAPIS on 04/01/2022

Overnight Summary: The S&P 500 closed Thursday at 4530.61 from 4602.45 on  Wednesday. The S&P 500 now has a two day losing streak. Futures have been moving higher since yesterday’s close. The overnight high was hit at 6:05 a.m. EDT at 4,555.50. The low was just hit at 4,527.50 at 4:05 p.m. EDT. At 7:25 a.m. EDT the current price is 4550.25. Key Data Points: April is usually a winning month. (Yahoo) Does Erlanger Seasonality agree? Yes it does. Earnings Out After The Close: Beats: BB +0.04, DCT +0.03. Flat: NCNO. Misses: BLND (0.13). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Queen’s Gambit Growth Capital (GMBT) closes combination with Swvl; to trade under symbol “SWVL” starting April 1 . Secondaries Priced: Allete (ALE) prices offering of 3.2 million shares of common stock at $63.00 per share. SLS prices $25 million offering at $5.40 per share with warrants at $5.40. Notes Priced of note: AMH: Pricing of Public Offering of $600 Million of 3.625% Senior Notes due 2032 and $300 Million of 4.300% Senior Notes due 2052. Common Stock filings/Notes: ALE: Offering of Common Stock.. 2,950,000 shares.. JPM and BAC Bookmanagers. ARMP: Closing of Second and Final…

Overnight Summary: The S&P 500 closed Thursday at 4530.61 from 4602.45 on  Wednesday. The S&P 500 now has a two day losing streak. Futures have been moving higher since yesterday’s close. The overnight high was hit at 6:05 a.m. EDT at 4,555.50. The low was just hit at 4,527.50 at 4:05 p.m. EDT. At 7:25 a.m. EDT the current price is 4550.25. Key Data Points: April is usually a winning month. (Yahoo) Does Erlanger Seasonality agree? Yes it does. Earnings Out After The Close: Beats: BB +0.04, DCT +0.03. Flat: NCNO. Misses: BLND (0.13). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Queen’s Gambit Growth Capital (GMBT) closes combination with Swvl; to trade under symbol “SWVL” starting April 1 . Secondaries Priced: Allete (ALE) prices offering of 3.2 million shares of common stock at $63.00 per share. SLS prices $25 million offering at $5.40 per share with warrants at $5.40. Notes Priced of note: AMH: Pricing of Public Offering of $600 Million of 3.625% Senior Notes due 2032 and $300 Million of 4.300% Senior Notes due 2052. Common Stock filings/Notes: ALE: Offering of Common Stock.. 2,950,000 shares.. JPM and BAC Bookmanagers. ARMP: Closing of Second and Final…

CAPIS Morning Note – 03/31/22: Stocks Barely Positive After Losing Overnight Gains, Q1 Ends Today. PCE Core Release To Impact Markets

Morning Note

Morning Note

posted by CAPIS on 03/31/2022 at 8:13 am
by CAPIS on 03/31/2022

Overnight Summary: The S&P 500 closed Wednesday at 4602.45 from 4631.60  on Tuesday. The S&P 500 finally rested after its four day winning streak. Futures hit an early peak, then pulled back, rallied until about 4:00 a.m. EDT before hitting current levels. The overnight high was hit at 8:45 p.m. EDT at 4,614.50. The low was just hit at 4,598 at 7:20 a.m. EDT up +2.50 points +0.03%. Breaking News:  President Biden to speak this afternoon and release 1 million barrels a day from the Strategic Petroleum Reserve (SPR). (Bloomberg) Earnings Out After The Close: Beats: PHR +0.13, PATH +0.02. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Profitable GameTech Company Novibet to Combine With Nasdaq-listed Artemis Strategic Investment Corporation (ARTE) and to Pursue High Growth iGaming and Online Sports Betting Opportunities in Europe and the Americas. Secondaries Priced: Hess Midstream LP (HESM) Announces Upsizing and Pricing of Secondary Public Offering of Class A Shares. Notes Priced of note: DTM: Pricing of Private Offering of Senior Secured Notes. Workday (WDAY) Announces Pricing of $3.0 Billion Senior Notes Offering. Common Stock filings/Notes: ROVR: Filed Form 424B3.. 91,476,337 Shares of…

Overnight Summary: The S&P 500 closed Wednesday at 4602.45 from 4631.60  on Tuesday. The S&P 500 finally rested after its four day winning streak. Futures hit an early peak, then pulled back, rallied until about 4:00 a.m. EDT before hitting current levels. The overnight high was hit at 8:45 p.m. EDT at 4,614.50. The low was just hit at 4,598 at 7:20 a.m. EDT up +2.50 points +0.03%. Breaking News:  President Biden to speak this afternoon and release 1 million barrels a day from the Strategic Petroleum Reserve (SPR). (Bloomberg) Earnings Out After The Close: Beats: PHR +0.13, PATH +0.02. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Profitable GameTech Company Novibet to Combine With Nasdaq-listed Artemis Strategic Investment Corporation (ARTE) and to Pursue High Growth iGaming and Online Sports Betting Opportunities in Europe and the Americas. Secondaries Priced: Hess Midstream LP (HESM) Announces Upsizing and Pricing of Secondary Public Offering of Class A Shares. Notes Priced of note: DTM: Pricing of Private Offering of Senior Secured Notes. Workday (WDAY) Announces Pricing of $3.0 Billion Senior Notes Offering. Common Stock filings/Notes: ROVR: Filed Form 424B3.. 91,476,337 Shares of…

CAPIS Morning Note – 03/30/22: Stocks Down Modestly As No Progress On Ceasefire, Russia Buddies Up To China

Morning Note

Morning Note

posted by CAPIS on 03/30/2022 at 8:08 am
by CAPIS on 03/30/2022

Overnight Summary: The S&P 500 closed Tuesday at 4631.60 from 4575.52  on Monday. The S&P 500 now has a four day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 2:00 a.m. EDT at 4,627.50. The low came at 4,605 several times between 4:00 and 6:00 a.m. EDT. The current level is at 4,616.28 at 7:10 a.m. EDT down 12.50 points -0.27%. Breaking News:  Germany may need to ration natural gas. Watch for ADP Payroll number at 8:15 a.m. EDT. Earnings Out After The Close: Beats: PVH +0.84, MU +0.16, PRGS +0.12, LULU +0.10, RH +0.07, SPWH +0.03, VRNT +0.02, MLKN +0.01. Flat: None of note. Misses: CHWY (0.07), CALM (0.02). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Calithera Biosciences, Inc. (CALA) Prices $10.0 Million Underwritten Public Offering of Common Stock and Warrants to Purchase Common Stock. GERN 53.3 million shares + warrants offering priced at $1.05. IGMS 8.7 million shares offering priced at $23 PER share. NWN Northwest Natural prices offering of 2.5 million shares of common stock at $50.00 per share. Notes Priced of note: None of note. Common…

Overnight Summary: The S&P 500 closed Tuesday at 4631.60 from 4575.52  on Monday. The S&P 500 now has a four day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 2:00 a.m. EDT at 4,627.50. The low came at 4,605 several times between 4:00 and 6:00 a.m. EDT. The current level is at 4,616.28 at 7:10 a.m. EDT down 12.50 points -0.27%. Breaking News:  Germany may need to ration natural gas. Watch for ADP Payroll number at 8:15 a.m. EDT. Earnings Out After The Close: Beats: PVH +0.84, MU +0.16, PRGS +0.12, LULU +0.10, RH +0.07, SPWH +0.03, VRNT +0.02, MLKN +0.01. Flat: None of note. Misses: CHWY (0.07), CALM (0.02). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Calithera Biosciences, Inc. (CALA) Prices $10.0 Million Underwritten Public Offering of Common Stock and Warrants to Purchase Common Stock. GERN 53.3 million shares + warrants offering priced at $1.05. IGMS 8.7 million shares offering priced at $23 PER share. NWN Northwest Natural prices offering of 2.5 million shares of common stock at $50.00 per share. Notes Priced of note: None of note. Common…

CAPIS Morning Note – 03/29/22: S&P Looks To Rally For A Fourth Day In A Row. Hopes For a Ceasefire Spur Stocks Higher.

Morning Note

Morning Note

posted by CAPIS on 03/29/2022 at 8:13 am
by CAPIS on 03/29/2022

Overnight Summary:  The S&P 500 closed Monday at 4575.52 from  4,543.06 on Friday. The S&P 500 now has a three day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 5:55 a.m. EDT at 4,592.75. The low came at 4,565.25 at 8:15 a.m. EDT. The current level is at 4,585.75 at 7:30 a.m. EDT up 17.75 up 0.39%. Breaking News: First Day of Ceasefire Talks end as Ukraine pushes for the Ceasefire. (Bloomberg) Earnings Out After The Close: Beats: JEF +0.34. Flat: None of note. Misses: PLAY (0.09). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Southwest Gas (SWX) prices offering of 5.5 million shares of common stock at $74.00 per share. Notes Priced of note: None of note. Common Stock filings/Notes: AMTI: Filed Form 424B5.. Up to $150,000,000 Common Stock. APLS: Closing of Public Offering of Common Stock and Full Exercise of Option to Purchase Additional Shares. SWX: Filed Form 424B5.. $400,000,000 Common Stock. SLNO: Proposed Underwritten Public Offering.. Opp. bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: ATER: Filed Form S-1..…

Overnight Summary:  The S&P 500 closed Monday at 4575.52 from  4,543.06 on Friday. The S&P 500 now has a three day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 5:55 a.m. EDT at 4,592.75. The low came at 4,565.25 at 8:15 a.m. EDT. The current level is at 4,585.75 at 7:30 a.m. EDT up 17.75 up 0.39%. Breaking News: First Day of Ceasefire Talks end as Ukraine pushes for the Ceasefire. (Bloomberg) Earnings Out After The Close: Beats: JEF +0.34. Flat: None of note. Misses: PLAY (0.09). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Southwest Gas (SWX) prices offering of 5.5 million shares of common stock at $74.00 per share. Notes Priced of note: None of note. Common Stock filings/Notes: AMTI: Filed Form 424B5.. Up to $150,000,000 Common Stock. APLS: Closing of Public Offering of Common Stock and Full Exercise of Option to Purchase Additional Shares. SWX: Filed Form 424B5.. $400,000,000 Common Stock. SLNO: Proposed Underwritten Public Offering.. Opp. bookmanager. Pricing of Over-Allotment/Notes: None of note. Direct Offering: None of note. Selling Shareholders of note: ATER: Filed Form S-1..…

CAPIS Morning Note – 03/28/22: President Biden Announces 2023 Budget 2:45 p.m. EDT.

Morning Note

Morning Note

posted by CAPIS on 03/28/2022 at 8:12 am
by CAPIS on 03/28/2022

Overnight Summary:  The S&P 500 closed Friday at 4,543.06 from 4,520.16 on Thursday. The S&P 500 had three up and two down days last week.  The overnight high was hit at 4:58 a.m. EDT at 4,540.00. The low came at 4,514.00 at 2:13 a.m. EDT. The current level is flat at 4,535 at 6:00 a.m. EDT. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Tailwind Two Acquisition Corp. (TWNT) and Terran Orbital Announce Completion of Business Combination. Secondaries Priced: None of note. Notes Priced of note: INVH: Pricing of $600 Million of 4.150% Senior Notes due 2032. Common Stock filings/Notes: CYTR: Filed Form 424B3.. 20,727,274 Shares of Common Stock. Pricing of Over-Allotment/Notes: None of note. Direct Offering: Eiger BioPharmaceuticals (EIGR) enters into an Open Market Sale Agreement for up to $50 million in shares through Jefferies. Selling Shareholders of note: Cyxtera Technologies (CYXT) files for 7.5 million share common stock offering by selling shareholders. Private Placement of Public Entity (PIPE): Benson Hill (BHIL) entered into definitive subscription agreements for the private placement of 26,150,000 units at a price of…

Overnight Summary:  The S&P 500 closed Friday at 4,543.06 from 4,520.16 on Thursday. The S&P 500 had three up and two down days last week.  The overnight high was hit at 4:58 a.m. EDT at 4,540.00. The low came at 4,514.00 at 2:13 a.m. EDT. The current level is flat at 4,535 at 6:00 a.m. EDT. Earnings Out After The Close: Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Tailwind Two Acquisition Corp. (TWNT) and Terran Orbital Announce Completion of Business Combination. Secondaries Priced: None of note. Notes Priced of note: INVH: Pricing of $600 Million of 4.150% Senior Notes due 2032. Common Stock filings/Notes: CYTR: Filed Form 424B3.. 20,727,274 Shares of Common Stock. Pricing of Over-Allotment/Notes: None of note. Direct Offering: Eiger BioPharmaceuticals (EIGR) enters into an Open Market Sale Agreement for up to $50 million in shares through Jefferies. Selling Shareholders of note: Cyxtera Technologies (CYXT) files for 7.5 million share common stock offering by selling shareholders. Private Placement of Public Entity (PIPE): Benson Hill (BHIL) entered into definitive subscription agreements for the private placement of 26,150,000 units at a price of…

CAPIS Morning Note – 03/24/22: Summit in Brussels as The War Drags On

Morning Note

Morning Note

posted by CAPIS on 03/24/2022 at 8:17 am
by CAPIS on 03/24/2022

PLEASE NOTE:  Due to travel, the Morning Note will not be published Friday March 25. Overnight Summary:  The S&P 500 closed yesterday at 4456.24 from 4511.61 on Tuesday. The S&P 500 now has one up and two down days this week so far. Most notable is that the S&P 500 closed above 4500 on Tuesday and failed there yesterday. Will it rebound today and become support? The overnight high was hit at 4:55 a.m. EDT at 4479. The low came at 4454 at 6:15 p.m. EDT. The current level is 4476 up 28.50 points which is +0.64% at 5:30 a.m. EDT. Earnings Out After The Close: Beats: TCOM +0.98, OXM +0.23, FUL +0.07, COOK +0.05, OLLI +0.03. Flat: None of note. Misses: KBH (0.07), SCS (0.02). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Ligand (LGND) to Spin-Off its OmniAb Business Through Merger with Avista Public Acquisition Corp. II (AHPA). Secondaries Priced: ARGX prices offering. 1.55 million shares priced at $300 per share. APLS: Proposed Public Offering of Common Stock .. $300 million .. JPM, GS and Evercore bookmanagers. JD Logistics (JD subsidiary) proposes to conduct a placing of new ordinary shares for an aggregate amount…

PLEASE NOTE:  Due to travel, the Morning Note will not be published Friday March 25. Overnight Summary:  The S&P 500 closed yesterday at 4456.24 from 4511.61 on Tuesday. The S&P 500 now has one up and two down days this week so far. Most notable is that the S&P 500 closed above 4500 on Tuesday and failed there yesterday. Will it rebound today and become support? The overnight high was hit at 4:55 a.m. EDT at 4479. The low came at 4454 at 6:15 p.m. EDT. The current level is 4476 up 28.50 points which is +0.64% at 5:30 a.m. EDT. Earnings Out After The Close: Beats: TCOM +0.98, OXM +0.23, FUL +0.07, COOK +0.05, OLLI +0.03. Flat: None of note. Misses: KBH (0.07), SCS (0.02). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: Ligand (LGND) to Spin-Off its OmniAb Business Through Merger with Avista Public Acquisition Corp. II (AHPA). Secondaries Priced: ARGX prices offering. 1.55 million shares priced at $300 per share. APLS: Proposed Public Offering of Common Stock .. $300 million .. JPM, GS and Evercore bookmanagers. JD Logistics (JD subsidiary) proposes to conduct a placing of new ordinary shares for an aggregate amount…

CAPIS Morning Note – 03/23/22: Futures Sliding Down. Russian Stocks Will Begin Limited Trading on Thursday.

Morning Note

Morning Note

posted by CAPIS on 03/23/2022 at 8:14 am
by CAPIS on 03/23/2022

Overnight Summary:  The S&P 500 closed yesterday at 4511.61 from 4461.18 on Monday. The S&P 500 now has one up and one down day this week so far. Most notable is that the S&P 500 closed above 4500.The overnight high was hit at 10:55 p.m. EDT at 4514. The low came at 4495 at 4:25 a.m. EDT. The current level is 4489 down 16 points which is -0.35% at 6:00 a.m. EDT. Earnings Out After The Close: Beats: AIR +0.05, ADBE +0.03. Flat: None of note. Misses: WOR (0.24), GAN (0.10), POSH (0.01), . Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: HUB Security, Developer of Confidential Computing Solutions for Enterprises & Governments, to Become Publicly Traded on Nasdaq Through Business Combination with Mount Rainier Acquisition Corp (RNER). Tailwind Two Acquisition Corp. (TWNT) Shareholders Approve Previously Announced Business Combination with Terran Orbital. Secondaries Priced: PLL: Pricing of Upsized Public Offering of Common Stock.. 1.75 million shares @$65. Notes Priced of note: LOW: Prices $5 billion notes offering. Extra Space (EXR) Announces Pricing of $400 Million of 3.900% Senior Notes due 2029. Common Stock filings/Notes: ARGX: launch of proposed global offering.. $500 million (approximately €453 million) of…

Overnight Summary:  The S&P 500 closed yesterday at 4511.61 from 4461.18 on Monday. The S&P 500 now has one up and one down day this week so far. Most notable is that the S&P 500 closed above 4500.The overnight high was hit at 10:55 p.m. EDT at 4514. The low came at 4495 at 4:25 a.m. EDT. The current level is 4489 down 16 points which is -0.35% at 6:00 a.m. EDT. Earnings Out After The Close: Beats: AIR +0.05, ADBE +0.03. Flat: None of note. Misses: WOR (0.24), GAN (0.10), POSH (0.01), . Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: HUB Security, Developer of Confidential Computing Solutions for Enterprises & Governments, to Become Publicly Traded on Nasdaq Through Business Combination with Mount Rainier Acquisition Corp (RNER). Tailwind Two Acquisition Corp. (TWNT) Shareholders Approve Previously Announced Business Combination with Terran Orbital. Secondaries Priced: PLL: Pricing of Upsized Public Offering of Common Stock.. 1.75 million shares @$65. Notes Priced of note: LOW: Prices $5 billion notes offering. Extra Space (EXR) Announces Pricing of $400 Million of 3.900% Senior Notes due 2029. Common Stock filings/Notes: ARGX: launch of proposed global offering.. $500 million (approximately €453 million) of…

Subscribe to Stay Informed

Stay informed by subscribing to information that matters to you. We'll email you when we post new content you want to see.