Morning Note

434 total posts

CAPIS Morning Note – 7/30/20 Q2 GDP Falls -32.50%, Biggest Drop Ever

Morning Note

Morning Note

posted by CAPIS on 07/30/2020 at 6:06 am
by CAPIS on 07/30/2020

Covid-19 Stats For Wednesday: Reported Cases yesterday: 66,2111 from 53,507 Tests 839,868 from 733,243 Positivity Rate: 7.88% from 7.30% Deaths 1,418 from 1,121 Current Hospitalizations 57,306 from 57,091 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: TENB SPPI WAB of note. Mixed Shelf Offerings:  None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: ORLY +3.00, URI +1.75, CNMD +0.88, LRCX +0.87, CXO +0.70, CHE +0.66, MGRC +0.52, SANM +0.52, MKSI +0.44, FICO +0.42, QRVO +0.37, HOLX +0.37, BLKB +0.35, ADM +0.34, FBHS +0.34, SCI +0.34, ASGN +0.33, LOGM +0.31, AR +0.29, UCTT +0.28, APA +0.27, RJF +0.26, AX +0.24, MMSI +0.24, CAKE +0.23, WERN +0.22, ACGL +0.21, SKY +0.21, NOW +0.21, MSA +0.19, PYPL +0.19, SFM +0.19, PTC +0.18, TYL +0.18, OIS +0.17, TTMI +0.17, QCOM +0.15, CHDN +0.13, CTSH +0.13, MTSI +0.12, WHD +0.12, YUMC +0.12, AMP +0.11, SRI +0.11, PS +0.10, WPX +0.10, CONE +0.10, MANT +0.09, MOBL +0.07, CGNX +0.07, OII +0.07, MEOH +0.06, SIMO +0.06, KLIC +0.06, TTEK +0.05, NLY +0.05, CDE +0.05, AVTR +0.05, MAA +0.04, AEGN +0.04, INOV +0.04, FTI +0.04, DORM +0.04, NGVT…

Covid-19 Stats For Wednesday: Reported Cases yesterday: 66,2111 from 53,507 Tests 839,868 from 733,243 Positivity Rate: 7.88% from 7.30% Deaths 1,418 from 1,121 Current Hospitalizations 57,306 from 57,091 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: TENB SPPI WAB of note. Mixed Shelf Offerings:  None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: ORLY +3.00, URI +1.75, CNMD +0.88, LRCX +0.87, CXO +0.70, CHE +0.66, MGRC +0.52, SANM +0.52, MKSI +0.44, FICO +0.42, QRVO +0.37, HOLX +0.37, BLKB +0.35, ADM +0.34, FBHS +0.34, SCI +0.34, ASGN +0.33, LOGM +0.31, AR +0.29, UCTT +0.28, APA +0.27, RJF +0.26, AX +0.24, MMSI +0.24, CAKE +0.23, WERN +0.22, ACGL +0.21, SKY +0.21, NOW +0.21, MSA +0.19, PYPL +0.19, SFM +0.19, PTC +0.18, TYL +0.18, OIS +0.17, TTMI +0.17, QCOM +0.15, CHDN +0.13, CTSH +0.13, MTSI +0.12, WHD +0.12, YUMC +0.12, AMP +0.11, SRI +0.11, PS +0.10, WPX +0.10, CONE +0.10, MANT +0.09, MOBL +0.07, CGNX +0.07, OII +0.07, MEOH +0.06, SIMO +0.06, KLIC +0.06, TTEK +0.05, NLY +0.05, CDE +0.05, AVTR +0.05, MAA +0.04, AEGN +0.04, INOV +0.04, FTI +0.04, DORM +0.04, NGVT…

CAPIS Morning Note – 7/29/20 FOMC Out At 2:00 P.M. EDT With Latest Release and 2:30 P.M. EDT Press Conference

Morning Note

Morning Note

posted by CAPIS on 07/29/2020 at 5:56 am
by CAPIS on 07/29/2020

Covid-19 Stats For Tuesday: Reported Cases yesterday: 53,507 from 55,134. Tests 733,243 from 760,840 Positivity Rate: 7.30% from 7.25% Deaths 1,121 from 1,059 Current Hospitalizations 57,091 from 59,023 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  TCRR BTAI ARCT  of note. Notes Priced of note: None of note. Common Stock filings: ARCT CALX of note. Mixed Shelf Offerings:  HFWA SHOP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: CYH +1.68, RNR +1.33, UMBF +0.96, ENVA +0.76, PKI +0.74, AMED +0.53, DXCM +0.53, CSGP +0.53, BYD +0.52, AMGN +0.48, AXS +0.48, CHRW +0.45, THG +0.41, KAI +0.31, HP +0.31, PLT +0.31, TRMK +0.26, CE +0.25, CAR +0.24, ASH +0.23, AFL +0.23, SYX +0.23, AKAM +0.17, ATRC +0.16, WH +0.16, FCF +0.15, SSNC +0.14, OMCL +0.14, MRC +0.13, ACCO +0.12, MTDR +0.12, FEYE +0.11, SBUX +0.11, PKG +0.11, FTV +0.10, APAM +0.10, TENB +0.09, MPWR +0.08, IMAX +0.08, MDLZ +0.07, MASI +0.06, EGP +0.05, HIW +0.04, NCR +0.03, V +0.03, EBAY +0.02, EQR +0.02, LSCC +0.02, UNM +0.02, WRE +0.02, MXIM +0.02, AMD +0.01, JNPR +0.01, STAG +0.01 of note. Misses:  HA (0.39), BXP (0.22), OKE (0.19), CB (0.17), DENN (0.07), UDR (0.06), PEGA (0.06), NWE…

Covid-19 Stats For Tuesday: Reported Cases yesterday: 53,507 from 55,134. Tests 733,243 from 760,840 Positivity Rate: 7.30% from 7.25% Deaths 1,121 from 1,059 Current Hospitalizations 57,091 from 59,023 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  TCRR BTAI ARCT  of note. Notes Priced of note: None of note. Common Stock filings: ARCT CALX of note. Mixed Shelf Offerings:  HFWA SHOP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: CYH +1.68, RNR +1.33, UMBF +0.96, ENVA +0.76, PKI +0.74, AMED +0.53, DXCM +0.53, CSGP +0.53, BYD +0.52, AMGN +0.48, AXS +0.48, CHRW +0.45, THG +0.41, KAI +0.31, HP +0.31, PLT +0.31, TRMK +0.26, CE +0.25, CAR +0.24, ASH +0.23, AFL +0.23, SYX +0.23, AKAM +0.17, ATRC +0.16, WH +0.16, FCF +0.15, SSNC +0.14, OMCL +0.14, MRC +0.13, ACCO +0.12, MTDR +0.12, FEYE +0.11, SBUX +0.11, PKG +0.11, FTV +0.10, APAM +0.10, TENB +0.09, MPWR +0.08, IMAX +0.08, MDLZ +0.07, MASI +0.06, EGP +0.05, HIW +0.04, NCR +0.03, V +0.03, EBAY +0.02, EQR +0.02, LSCC +0.02, UNM +0.02, WRE +0.02, MXIM +0.02, AMD +0.01, JNPR +0.01, STAG +0.01 of note. Misses:  HA (0.39), BXP (0.22), OKE (0.19), CB (0.17), DENN (0.07), UDR (0.06), PEGA (0.06), NWE…

CAPIS Morning Note -7/28/20 Stimulus Battle Ramps Up

Morning Note

Morning Note

posted by CAPIS on 07/28/2020 at 5:56 am
by CAPIS on 07/28/2020

Covid-19 Stats For Monday: Reported Cases yesterday: 55,134 from 61,713. Tests 760,840 from 855,811 Positivity Rate: 7.25% from 7.21% Deaths 1,059 from 558 Current Hospitalizations 59,023 from 58,614 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ZNTL TXCRR CRMD IBKR NMRD of note. Mixed Shelf Offerings: TXT BTAI BCBP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: UHS +2.28, AGNC +1.13, TNET +0.94, FIX +0.67, SSD +0.67, OMF +0.58, HTLF +0.37, JBT +0.35, MEDP +0.33, TBI +0.30, AMKR +0.25, CR +0.17, PFG +0.16, FFIV +0.15, CATY +0.10, HSTM +0.10, CINF +0.07, RNST +0.07, AJRD +0.06, BRO +0.06, OGS +0.06, QTS +0.03, TCF +0.02 of note. Misses: NXPI (1.63), JJSF (0.55), CRSP (0.32), HXL (0.14), NOV (0.10), EHC (0.03), VCRA (0.02), PCH (0.02), ARE (0.01) of note. Hourly Tracking -Will return tomorrow as we are doing an overhaul to it. News After The Close: Senate Minority Leader Schumer and House Speaker Pelosi met with Treasury Secretary Mnuchin and Chief of Staff Meadows at 6:00 p.m. EDT. Senate Majority Leader McConnell introduces GOP stimulus plan called the Heals Act cuts $600…

Covid-19 Stats For Monday: Reported Cases yesterday: 55,134 from 61,713. Tests 760,840 from 855,811 Positivity Rate: 7.25% from 7.21% Deaths 1,059 from 558 Current Hospitalizations 59,023 from 58,614 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ZNTL TXCRR CRMD IBKR NMRD of note. Mixed Shelf Offerings: TXT BTAI BCBP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: UHS +2.28, AGNC +1.13, TNET +0.94, FIX +0.67, SSD +0.67, OMF +0.58, HTLF +0.37, JBT +0.35, MEDP +0.33, TBI +0.30, AMKR +0.25, CR +0.17, PFG +0.16, FFIV +0.15, CATY +0.10, HSTM +0.10, CINF +0.07, RNST +0.07, AJRD +0.06, BRO +0.06, OGS +0.06, QTS +0.03, TCF +0.02 of note. Misses: NXPI (1.63), JJSF (0.55), CRSP (0.32), HXL (0.14), NOV (0.10), EHC (0.03), VCRA (0.02), PCH (0.02), ARE (0.01) of note. Hourly Tracking -Will return tomorrow as we are doing an overhaul to it. News After The Close: Senate Minority Leader Schumer and House Speaker Pelosi met with Treasury Secretary Mnuchin and Chief of Staff Meadows at 6:00 p.m. EDT. Senate Majority Leader McConnell introduces GOP stimulus plan called the Heals Act cuts $600…

CAPIS Morning Note – 7/27/20 Gold On Fire And Bitcoin Joins The Action, Futures Higher On Stocks

Morning Note

Morning Note

posted by CAPIS on 07/27/2020 at 6:07 am
by CAPIS on 07/27/2020

Covid-19 Stats For Sunday: Reported Cases yesterday: 61,713 from 71,027. Tests 855.811 from 774,193 Positivity Rate: 7.21% from 9.17% Deaths 558 from 1,039 Current Hospitalizations 58.614 from 59,363 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: MC WIMI of note. Mixed Shelf Offerings:  RC of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: None of note. Misses: None of note. Latest Short Interest Data – Sorted by Short Intensity (short selling remains low) only one sector increased. News After The Close: Fitch affirms Greece and Czech Republic ratings at BB and AA-. The other rating agency takes Slovakia to negative and Sicily to stable. Barron’s + on NKLA WKHS NVS CRSP GBT BLUE ABIO EDIT SGMO BEAM NTLA EMMA MCD and cautious on APD PLUG CMI BLDP BE. Hurricane Hanna made landshore in Texas over the weekend and Hawaii had a rare hurricane as well. Raises Guidance Raised:  Lowers Guidance:  Raises Dividend:  Cut Dividend: MAC Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value…

Covid-19 Stats For Sunday: Reported Cases yesterday: 61,713 from 71,027. Tests 855.811 from 774,193 Positivity Rate: 7.21% from 9.17% Deaths 558 from 1,039 Current Hospitalizations 58.614 from 59,363 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: MC WIMI of note. Mixed Shelf Offerings:  RC of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: None of note. Misses: None of note. Latest Short Interest Data – Sorted by Short Intensity (short selling remains low) only one sector increased. News After The Close: Fitch affirms Greece and Czech Republic ratings at BB and AA-. The other rating agency takes Slovakia to negative and Sicily to stable. Barron’s + on NKLA WKHS NVS CRSP GBT BLUE ABIO EDIT SGMO BEAM NTLA EMMA MCD and cautious on APD PLUG CMI BLDP BE. Hurricane Hanna made landshore in Texas over the weekend and Hawaii had a rare hurricane as well. Raises Guidance Raised:  Lowers Guidance:  Raises Dividend:  Cut Dividend: MAC Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value…

CAPIS Morning Note – 7/24/20 China Rhetoric Continues To Rise, Tik Tok Next?

Morning Note

Morning Note

posted by CAPIS on 07/24/2020 at 5:42 am
by CAPIS on 07/24/2020

Covid-19 Stats For Friday: Reported Cases yesterday: 71,027 from 70,043 Tests 774,193 from 796,395 Positivity Rate: 9.17% from 8.80% Deaths 1,039 from 1,126 Current Hospitalizations 59,363 from 59,628 source COVID tracking project IPOs Priced: Inozyme Pharma (INZY) prices 7 million shares at $16 versus range of $14 to $16. Iteos Therapeutics (ITOS) priced at $19 with a range of $16 to $18. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: VSAT of note. Mixed Shelf Offerings: VNET CPRX of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  SAM +2.46, SIVB +1.32, SCHL +1.16, BJRI +0.60, EIG +0.52, EHTH +0.22, SKX +0.20, LMAT +0.16, EW +0.15, FFBC +0.15, ETFC +0.12, FFIN +0.12, INTC +0.12, SWKS +0.11, IEX +0.10, MAT +0.08, ASB +0.06, MANH +0.06, VICR +0.05, AUY +0.04, RHI +0.04, FE +0.03, OZK +0.01, MXL +0.01, PBCT +0.01 of note. Flat: VRSN Misses: SGMS (0.26), BOOM (0.15) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: Senate Majority Leader Mitch McConnell notes Senate Republicans have agreement with White House on stimulus. Walt Disney (DIS) to delay Mulan indefinitely with Star Wars and Avatar pushed back a year. President…

Covid-19 Stats For Friday: Reported Cases yesterday: 71,027 from 70,043 Tests 774,193 from 796,395 Positivity Rate: 9.17% from 8.80% Deaths 1,039 from 1,126 Current Hospitalizations 59,363 from 59,628 source COVID tracking project IPOs Priced: Inozyme Pharma (INZY) prices 7 million shares at $16 versus range of $14 to $16. Iteos Therapeutics (ITOS) priced at $19 with a range of $16 to $18. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: VSAT of note. Mixed Shelf Offerings: VNET CPRX of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  SAM +2.46, SIVB +1.32, SCHL +1.16, BJRI +0.60, EIG +0.52, EHTH +0.22, SKX +0.20, LMAT +0.16, EW +0.15, FFBC +0.15, ETFC +0.12, FFIN +0.12, INTC +0.12, SWKS +0.11, IEX +0.10, MAT +0.08, ASB +0.06, MANH +0.06, VICR +0.05, AUY +0.04, RHI +0.04, FE +0.03, OZK +0.01, MXL +0.01, PBCT +0.01 of note. Flat: VRSN Misses: SGMS (0.26), BOOM (0.15) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: Senate Majority Leader Mitch McConnell notes Senate Republicans have agreement with White House on stimulus. Walt Disney (DIS) to delay Mulan indefinitely with Star Wars and Avatar pushed back a year. President…

CAPIS Morning Note – 7/23/20 Senate & White House Need To Reach Stimulus Bill House

Morning Note

Morning Note

posted by CAPIS on 07/23/2020 at 6:12 am
by CAPIS on 07/23/2020

Covid-19 Stats For Wednesday: Reported Cases yesterday: 70,043 Tests 796,395 Positivity Rate 8.80% Deaths 1,126 Current Hospitalizations 59,628 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: BNTX AUPH  of note. Notes Priced of note:  LLNW of note. Common Stock filings: DLNG SAVE of note. Mixed Shelf Offerings: DLNG of note. Convertible Offering Files: LLNW BRKL  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  TSLA +2.34, WHR +1.28, MTH +0.85, VMI +0.56, TCBI +0.56, UFPI +0.48, PLXS +0.45, NTGR +0.32, EFX +0.30, GL +0.14, SLG +0.14, NTB +0.13, GGG +0.11, HNI +0.11, BCOV +0.10, ICLR +0.10, UMPQ +0.09, MSFT +0.08, WAFD +0.08, ECHO +0.07, SUI +0.06, CVBF +0.04, CLB +0.03, CNS +0.02, BDN +0.01, CSX +0.01, FR +0.01, KMI +0.01 of note. Flat: CMG +0.00, KALU +0.00, RGP +0.00, SEIC +0.00, STL +0.00 Misses: DFS (1.17), SAVE (0.78), SU (0.36), LVS (0.34), SLM (0.33), ALGN (0.31), WSBC (0.28), LSTR (0.08), TRN (0.06) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: President Trump to send more federal agents to Chicago, Kansas City and Albuquerque. (NBC News) Carnival Cruise (CCL) extend pause in operations through October in Australia and Asia through December…

Covid-19 Stats For Wednesday: Reported Cases yesterday: 70,043 Tests 796,395 Positivity Rate 8.80% Deaths 1,126 Current Hospitalizations 59,628 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: BNTX AUPH  of note. Notes Priced of note:  LLNW of note. Common Stock filings: DLNG SAVE of note. Mixed Shelf Offerings: DLNG of note. Convertible Offering Files: LLNW BRKL  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  TSLA +2.34, WHR +1.28, MTH +0.85, VMI +0.56, TCBI +0.56, UFPI +0.48, PLXS +0.45, NTGR +0.32, EFX +0.30, GL +0.14, SLG +0.14, NTB +0.13, GGG +0.11, HNI +0.11, BCOV +0.10, ICLR +0.10, UMPQ +0.09, MSFT +0.08, WAFD +0.08, ECHO +0.07, SUI +0.06, CVBF +0.04, CLB +0.03, CNS +0.02, BDN +0.01, CSX +0.01, FR +0.01, KMI +0.01 of note. Flat: CMG +0.00, KALU +0.00, RGP +0.00, SEIC +0.00, STL +0.00 Misses: DFS (1.17), SAVE (0.78), SU (0.36), LVS (0.34), SLM (0.33), ALGN (0.31), WSBC (0.28), LSTR (0.08), TRN (0.06) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: President Trump to send more federal agents to Chicago, Kansas City and Albuquerque. (NBC News) Carnival Cruise (CCL) extend pause in operations through October in Australia and Asia through December…

CAPIS Morning Note -7/22/20 Futures Mixed As U.S. Punts Chinese From Houston Consulate

Morning Note

Morning Note

posted by CAPIS on 07/22/2020 at 5:42 am
by CAPIS on 07/22/2020

IPOs Priced: None of note. Secondaries Priced: HTLD OPCH KNSA  of note. Notes Priced of note:  None of note. Common Stock filings: CASI HTLD of note. Mixed Shelf Offerings: UBER of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RBT +1.78, ISRG +0.59, AIR +0.55, NAVI +0.50, PNFP +0.44, TER +0.30, NBHC +0.30, TXN +0.27, IBKR +0.26, SUM +0.25, AMTD +0.24, WRB +0.20, FULT +0.14, USNA +0.13, HCSG +0.05, CNI +0.02, UCBI +0.02, FMBI +0.01, SNAP +0.01 of note. Flat: REXR Misses: HWC (1.64), COF (0.57), WTFC (0.37), UAL (0.06), CSL (0.03), AGR (0.02) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: In a Coronavirus Task Force Press Conference, the president noted that the virus may get worse before better, to wear a mask and for younger people to stay out of bars. Raises Guidance Raised: TXN Raises Dividend: SJM Stock Split Announcement:  Stock Buyback: WSBF What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -3    Dow Jones Industrial Average -55  NASDAQ +32 …

IPOs Priced: None of note. Secondaries Priced: HTLD OPCH KNSA  of note. Notes Priced of note:  None of note. Common Stock filings: CASI HTLD of note. Mixed Shelf Offerings: UBER of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RBT +1.78, ISRG +0.59, AIR +0.55, NAVI +0.50, PNFP +0.44, TER +0.30, NBHC +0.30, TXN +0.27, IBKR +0.26, SUM +0.25, AMTD +0.24, WRB +0.20, FULT +0.14, USNA +0.13, HCSG +0.05, CNI +0.02, UCBI +0.02, FMBI +0.01, SNAP +0.01 of note. Flat: REXR Misses: HWC (1.64), COF (0.57), WTFC (0.37), UAL (0.06), CSL (0.03), AGR (0.02) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: In a Coronavirus Task Force Press Conference, the president noted that the virus may get worse before better, to wear a mask and for younger people to stay out of bars. Raises Guidance Raised: TXN Raises Dividend: SJM Stock Split Announcement:  Stock Buyback: WSBF What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -3    Dow Jones Industrial Average -55  NASDAQ +32 …

CAPIS Morning Note -7/21/20 Futures Indicating A Strong Open

Morning Note

Morning Note

posted by CAPIS on 07/21/2020 at 6:04 am
by CAPIS on 07/21/2020

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings:  KNSA OPCH QIWI  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  BXS +0.26, CDNS +0.14, IBM +0.09, CCK +0.04, LLNW +0.04, LOGI +0.04, STLD +0.04, ELS +0.03, ACC +0.01 of note. Misses: ZION (0.10) of note. Hourly Action This Past Week: Updated 7/17 Close News After The Close: Genworth (GNW) settles dispute with AXA to pay $125 million by July 23rd. Ulta Beauty (ULTA) updates guidance and will reduce store openings and close limited number of stores. RTI Surgical (RTIX) closes sale of its OEM business and will change name to Surgalign Holdings (SRGA) as of 7/23. Novavax (NVAX) to give update on its Covid-19 vaccine candidate at the Vaccines Virtual Congress at 9:55 a.m. EDT. Lockheed Martin (LMT) wins $860 million Navy contract. Top Democrats release letter to FBI noting the U.S. Congress is a target of foreign disinformation campaign. BAE Systems (BAESY) wins $495 million Air Force contract. Index Changes: Emergent Bio Solutions (EBS) to join S&P 400 Mid Cap and First Hawaiian (FHB)…

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings:  KNSA OPCH QIWI  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  BXS +0.26, CDNS +0.14, IBM +0.09, CCK +0.04, LLNW +0.04, LOGI +0.04, STLD +0.04, ELS +0.03, ACC +0.01 of note. Misses: ZION (0.10) of note. Hourly Action This Past Week: Updated 7/17 Close News After The Close: Genworth (GNW) settles dispute with AXA to pay $125 million by July 23rd. Ulta Beauty (ULTA) updates guidance and will reduce store openings and close limited number of stores. RTI Surgical (RTIX) closes sale of its OEM business and will change name to Surgalign Holdings (SRGA) as of 7/23. Novavax (NVAX) to give update on its Covid-19 vaccine candidate at the Vaccines Virtual Congress at 9:55 a.m. EDT. Lockheed Martin (LMT) wins $860 million Navy contract. Top Democrats release letter to FBI noting the U.S. Congress is a target of foreign disinformation campaign. BAE Systems (BAESY) wins $495 million Air Force contract. Index Changes: Emergent Bio Solutions (EBS) to join S&P 400 Mid Cap and First Hawaiian (FHB)…

CAPIS Morning Note – 7/20/20 Big Earnings Week Ahead

Morning Note

Morning Note

posted by CAPIS on 07/19/2020 at 11:06 am
by CAPIS on 07/19/2020

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: NKLA  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Misses: None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Uber (UBER) to work with Google (GOOGL) Maps. IBM Corp (IBM) and Ernst Young announce expanded global alliance. Lockheed Martin (LMT) wins $15 billion Air Force contract and a $940 million Navy contract. Barron’s + on MSCI SPGI DG DLTR WFC GS and cautious on NFLX. President Trump had extensive interview on Fox News over the weekend. Raises Guidance: Raises Dividend: Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -1    Dow Jones Industrial Average -20  NASDAQ +38   Russell 2000 +1.  Fair values are mixed.  Asia mixed and Europe mixed. VIX is at 25.90 from 27.75 from Friday morning. Gold higher, silver higher and copper lower. WTI Crude Oil and Brent Oil Futures…

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: NKLA  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Misses: None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Uber (UBER) to work with Google (GOOGL) Maps. IBM Corp (IBM) and Ernst Young announce expanded global alliance. Lockheed Martin (LMT) wins $15 billion Air Force contract and a $940 million Navy contract. Barron’s + on MSCI SPGI DG DLTR WFC GS and cautious on NFLX. President Trump had extensive interview on Fox News over the weekend. Raises Guidance: Raises Dividend: Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -1    Dow Jones Industrial Average -20  NASDAQ +38   Russell 2000 +1.  Fair values are mixed.  Asia mixed and Europe mixed. VIX is at 25.90 from 27.75 from Friday morning. Gold higher, silver higher and copper lower. WTI Crude Oil and Brent Oil Futures…

CAPIS Morning Note – 7/17/20 Stocks Up Modestly To End The Week

Morning Note

Morning Note

posted by CAPIS on 07/17/2020 at 6:26 am
by CAPIS on 07/17/2020

IPOs Priced: Berkely Lights (BLI) priced at $22 with range of $16 to $18. Pandion Therapeutics (PAND) priced at $18 above range of $16 to $18. ALX Oncology (ALXO) priced at $19 above $15 to $17 range. IPOs Filed: None of note. Secondaries Priced: NCLH CYTK of note. Notes Priced of note:  None of note. Common Stock filings:   None of note. Mixed Shelf Offerings: PSTI of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   JHB +0.29, PPG +0.27, WAL +0.17, FNB +0.12, MRTN +0.10 of note. Misses:  NFLX (0.24) of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Netflix (NFLX) provides mixed guidance and is lower in premarket by about -7%. NCAA needs to “get a much better handle on the pandemic” to resume college sports in the fall. Quest Diagnostics (DGX) granted Emergency Use Authorization from the FDA for is HA SARS-CoV-2 Assay, testing via a nasal swab. Cruise lines see their “no sail order” exteneded by CDC to 9/30 at least. Negative for CCL RCL NCLH CUK. PhaseBio Pharmaceuticals (PHAS) doses first patient in VANGUARD Phase II Trial of PB1046 in hospitalized Covid-19 patients. Take Two…

IPOs Priced: Berkely Lights (BLI) priced at $22 with range of $16 to $18. Pandion Therapeutics (PAND) priced at $18 above range of $16 to $18. ALX Oncology (ALXO) priced at $19 above $15 to $17 range. IPOs Filed: None of note. Secondaries Priced: NCLH CYTK of note. Notes Priced of note:  None of note. Common Stock filings:   None of note. Mixed Shelf Offerings: PSTI of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   JHB +0.29, PPG +0.27, WAL +0.17, FNB +0.12, MRTN +0.10 of note. Misses:  NFLX (0.24) of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Netflix (NFLX) provides mixed guidance and is lower in premarket by about -7%. NCAA needs to “get a much better handle on the pandemic” to resume college sports in the fall. Quest Diagnostics (DGX) granted Emergency Use Authorization from the FDA for is HA SARS-CoV-2 Assay, testing via a nasal swab. Cruise lines see their “no sail order” exteneded by CDC to 9/30 at least. Negative for CCL RCL NCLH CUK. PhaseBio Pharmaceuticals (PHAS) doses first patient in VANGUARD Phase II Trial of PB1046 in hospitalized Covid-19 patients. Take Two…

CAPIS Morning Note -7/16/20 Stocks Lower After Yesterday’s Strength

Morning Note

Morning Note

posted by CAPIS on 07/15/2020 at 8:36 pm
by CAPIS on 07/15/2020

IPOs Priced: Trean Insurance Group (TIG) priced at $15 with a range of $13 to $15. IPOs Filed: None of note. Secondaries Priced: HHR ADPT RLAY PROF APTO BCEL  of note. Notes Priced of note:  None of note. Common Stock filings: CYTK BCEL INMD APTO  of note. Mixed Shelf Offerings:None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SNBR +0.22 AA +0.21 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Real Page (RP) CFO Tom Ernst resigns as of 8/15. Amazon (AMZN) extends work at home time for employees to January 8th, 2021. Twitter (TWTR) gets hacked and many high profile members hacked like Elon Musk, Bill Gates and President Obama of note. Dell (DELL) may spinoff it 81% stake in VMware, which is an old rumor. Oxford University who is partnered with AstraZeneca (AZN) has generated an immune response against Covid-19 in their Phase I trial according to The Telegraph. Note that Moderna (MRNA) reported the same thing on Tuesday night. Their Phase I results are due next Monday. American Airlines (AAL) may layoff up to 25,000 employees as it it issues…

IPOs Priced: Trean Insurance Group (TIG) priced at $15 with a range of $13 to $15. IPOs Filed: None of note. Secondaries Priced: HHR ADPT RLAY PROF APTO BCEL  of note. Notes Priced of note:  None of note. Common Stock filings: CYTK BCEL INMD APTO  of note. Mixed Shelf Offerings:None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SNBR +0.22 AA +0.21 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Real Page (RP) CFO Tom Ernst resigns as of 8/15. Amazon (AMZN) extends work at home time for employees to January 8th, 2021. Twitter (TWTR) gets hacked and many high profile members hacked like Elon Musk, Bill Gates and President Obama of note. Dell (DELL) may spinoff it 81% stake in VMware, which is an old rumor. Oxford University who is partnered with AstraZeneca (AZN) has generated an immune response against Covid-19 in their Phase I trial according to The Telegraph. Note that Moderna (MRNA) reported the same thing on Tuesday night. Their Phase I results are due next Monday. American Airlines (AAL) may layoff up to 25,000 employees as it it issues…

CAPIS Morning Note 7/15/20 Futures El Fuego On Moderna (MRNA) Vaccine Data

Morning Note

Morning Note

posted by CAPIS on 07/14/2020 at 8:28 pm
by CAPIS on 07/14/2020

IPOs Filed: None of note. Secondaries Priced:  ZYXI of note. Notes Priced of note:  None of note. Common Stock filings: ZYXI  of note. Mixed Shelf Offerings: ADPT of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/14 Close News After The Close (In Order) Diamondback Energy (FANG) revises Fiscal year 2020 production guidance lower. PVH Inc. (PVH) to restructure- exit 162 outlet store Heritage Brands and cut workforce by 12%. Bank runs on the rise in China thanks to social media. (Bloomberg) Moderna (MRNA) sees its data on Covid-19, patients vaccinated produced antibodies. Result in New England Journal of Medicine. President Trump held a press conference mostly on China but was mostly an attack on Democratic Presidential Candidate Biden. Supreme Court Justice Ginsburg hospitalized and will stay in for a few days per CNBC. President Trump signs bill holding China accountable for taking over Hong Kong. Wells Fargo (WFC) CFO does not expect dividend to go to zero. Raises Guidance: SIGI Raises Dividend: SWK Stock Buyback: SIRI ($2 billion) What’s Happening This Morning: Futures value reflects the change…

IPOs Filed: None of note. Secondaries Priced:  ZYXI of note. Notes Priced of note:  None of note. Common Stock filings: ZYXI  of note. Mixed Shelf Offerings: ADPT of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/14 Close News After The Close (In Order) Diamondback Energy (FANG) revises Fiscal year 2020 production guidance lower. PVH Inc. (PVH) to restructure- exit 162 outlet store Heritage Brands and cut workforce by 12%. Bank runs on the rise in China thanks to social media. (Bloomberg) Moderna (MRNA) sees its data on Covid-19, patients vaccinated produced antibodies. Result in New England Journal of Medicine. President Trump held a press conference mostly on China but was mostly an attack on Democratic Presidential Candidate Biden. Supreme Court Justice Ginsburg hospitalized and will stay in for a few days per CNBC. President Trump signs bill holding China accountable for taking over Hong Kong. Wells Fargo (WFC) CFO does not expect dividend to go to zero. Raises Guidance: SIGI Raises Dividend: SWK Stock Buyback: SIRI ($2 billion) What’s Happening This Morning: Futures value reflects the change…

CAPIS Morning Note – 7/14/20 Futures Turn Lower After Being Higher

Morning Note

Morning Note

posted by CAPIS on 07/14/2020 at 6:13 am
by CAPIS on 07/14/2020

IPOs Filed: None of note. Secondaries Priced:  ALT OSMT of note. Notes Priced of note:  None of note. Common Stock filings: ALT OSMT ENOB of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Yum Brands (YUM) closes dining rooms in corporate owned stores in Florida. (Reuters) Mohawk (MHK) receives subpoenas from SEC and U.S. Attorney’s Office in Northern Georgia on false revenues and other charges. Boeing (BA) wins $22.9 billion Air Force contract. The Guardian claims that those that recover from Covid-19 may lose immunity within months. Supreme Court rules that federal executions can begin again. Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -5  Dow Jones Industrial Average +30  NASDAQ -86   Russell 2000 +5.02.  Fair values are higher.  Asia mixed and Europe lower. VIX is higher at 32.75. Gold, silver and copper higher. WTI Crude Oil and Brent…

IPOs Filed: None of note. Secondaries Priced:  ALT OSMT of note. Notes Priced of note:  None of note. Common Stock filings: ALT OSMT ENOB of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Yum Brands (YUM) closes dining rooms in corporate owned stores in Florida. (Reuters) Mohawk (MHK) receives subpoenas from SEC and U.S. Attorney’s Office in Northern Georgia on false revenues and other charges. Boeing (BA) wins $22.9 billion Air Force contract. The Guardian claims that those that recover from Covid-19 may lose immunity within months. Supreme Court rules that federal executions can begin again. Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -5  Dow Jones Industrial Average +30  NASDAQ -86   Russell 2000 +5.02.  Fair values are higher.  Asia mixed and Europe lower. VIX is higher at 32.75. Gold, silver and copper higher. WTI Crude Oil and Brent…

CAPIS Morning Note – 7/13/20 12th Monday In A Row Higher?

Morning Note

Morning Note

posted by CAPIS on 07/13/2020 at 6:42 am
by CAPIS on 07/13/2020

Fun Fact: This could be the 12th Monday in a row higher since the market bottomed. Quite the streak! IPOs Filed: None of note. Secondaries Priced: BGNE of note. Notes Priced of note:  None of note. Common Stock filings: AMRS of note. Mixed Shelf Offerings:   STOK  DDD EQNR of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SJR +0.05 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Artisan Partners (APAM) saw assets increase to $120.6 billion from $114.4 billion. Soros Fund Management takes a 5.3% interest in Xeris Pharmaceuticals (XERS). Amazon (AMZN) accidently sent out email to ban employees from using TikTok. Peabody Energy (BTU) saw its credit rating drop to B from a major credit rating firm. Kirby (KEX) will restate Q1 to correct for a good will impairment charge. Atlanta reverts to a Phase I opening. Barron’s + on NOK FB ASML . Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +24   Dow…

Fun Fact: This could be the 12th Monday in a row higher since the market bottomed. Quite the streak! IPOs Filed: None of note. Secondaries Priced: BGNE of note. Notes Priced of note:  None of note. Common Stock filings: AMRS of note. Mixed Shelf Offerings:   STOK  DDD EQNR of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SJR +0.05 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Artisan Partners (APAM) saw assets increase to $120.6 billion from $114.4 billion. Soros Fund Management takes a 5.3% interest in Xeris Pharmaceuticals (XERS). Amazon (AMZN) accidently sent out email to ban employees from using TikTok. Peabody Energy (BTU) saw its credit rating drop to B from a major credit rating firm. Kirby (KEX) will restate Q1 to correct for a good will impairment charge. Atlanta reverts to a Phase I opening. Barron’s + on NOK FB ASML . Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +24   Dow…

CAPIS Morning Note – 7/10/20 Stocks Recover From Morning Lows on Remdesivir Data

Morning Note

Morning Note

posted by CAPIS on 07/10/2020 at 5:32 am
by CAPIS on 07/10/2020

Breaking News: Gilead Sciences (GILD) out with more data on Remdesivir that is positive but only partial. IPOs Filed: None of note. IPOs Priced: Nkarta (NKTX) priced at $18 with range of $14 to $16. Secondaries Priced:  CNTG of note. Notes Priced of note:  None of note. Common Stock filings: None of note. Mixed Shelf Offerings:  ANIP SLP MRNS KBH  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   PSMT +0.19, WDFC +0.11 of note. Misses:  Noneof note. Hourly Action This Past Week: Updated 7/8 Close News After The Close (In Order) NASDAQ sees June U.S. equity options volume was 230 million versus 181 million in May and 132 million a year ago. Walgreens Boots Alliance (WBA) met with Department of Justice in June over alleged violations at various locations. United Airlines (UAL) gets a downgrade from a major credit agency over Covid-19. Federal Reserve balance sheet moves below $7 trillion as bond exposure drops. Ford (F) may have to shut some factories next week if do not receive engines from Mexico. (Reuters) IDC reports that PC market grew 11.2% year over year in Q2. Raises Guidance: IMOS What’s Happening This Morning: Futures value reflects…

Breaking News: Gilead Sciences (GILD) out with more data on Remdesivir that is positive but only partial. IPOs Filed: None of note. IPOs Priced: Nkarta (NKTX) priced at $18 with range of $14 to $16. Secondaries Priced:  CNTG of note. Notes Priced of note:  None of note. Common Stock filings: None of note. Mixed Shelf Offerings:  ANIP SLP MRNS KBH  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   PSMT +0.19, WDFC +0.11 of note. Misses:  Noneof note. Hourly Action This Past Week: Updated 7/8 Close News After The Close (In Order) NASDAQ sees June U.S. equity options volume was 230 million versus 181 million in May and 132 million a year ago. Walgreens Boots Alliance (WBA) met with Department of Justice in June over alleged violations at various locations. United Airlines (UAL) gets a downgrade from a major credit agency over Covid-19. Federal Reserve balance sheet moves below $7 trillion as bond exposure drops. Ford (F) may have to shut some factories next week if do not receive engines from Mexico. (Reuters) IDC reports that PC market grew 11.2% year over year in Q2. Raises Guidance: IMOS What’s Happening This Morning: Futures value reflects…

CAPIS Morning Note -7/9/20 Supreme Court Out With Trump Tax Case Ruling Today

Morning Note

Morning Note

posted by CAPIS on 07/09/2020 at 6:24 am
by CAPIS on 07/09/2020

Breaking News: IPOs Filed: None of note. Secondaries Priced: HQY PING TPB RVMD of note. Notes Priced of note:  None of note. Common Stock filings: OTIC TPB GLG NCLH  of note. Mixed Shelf Offerings: GLG IFRX ALPN ARDX of note. Convertible Offering Files:  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None  of note. Misses:  BBBY (0.65) of note. Hourly Action This Past Week: Updated 7/7 Close News After The Close (In Order) Costco (COST) saw sales rise 14.4% for 5 weeks ended 7/5. Bed Bath & Beyond (BBBY) to close 200 stores as sales down 50%. Saratoga Investment (SAR) reinstates dividend. Ivy League cancels fall sports season. Stanford cancels 11 out of 36 sports due to impact of Covid-19. Raises Guidance: VERI TPB PTC What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +9  Dow Jones Industrial Average +24 NASDAQ +78  Russell 2000 +7.2. Fair values are lower.  Asia  higher and Europe mixed. $VIX is lower at 27.77. Gold lower with silver and copper higher. WTI Crude Oil lower and Brent…

Breaking News: IPOs Filed: None of note. Secondaries Priced: HQY PING TPB RVMD of note. Notes Priced of note:  None of note. Common Stock filings: OTIC TPB GLG NCLH  of note. Mixed Shelf Offerings: GLG IFRX ALPN ARDX of note. Convertible Offering Files:  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None  of note. Misses:  BBBY (0.65) of note. Hourly Action This Past Week: Updated 7/7 Close News After The Close (In Order) Costco (COST) saw sales rise 14.4% for 5 weeks ended 7/5. Bed Bath & Beyond (BBBY) to close 200 stores as sales down 50%. Saratoga Investment (SAR) reinstates dividend. Ivy League cancels fall sports season. Stanford cancels 11 out of 36 sports due to impact of Covid-19. Raises Guidance: VERI TPB PTC What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +9  Dow Jones Industrial Average +24 NASDAQ +78  Russell 2000 +7.2. Fair values are lower.  Asia  higher and Europe mixed. $VIX is lower at 27.77. Gold lower with silver and copper higher. WTI Crude Oil lower and Brent…

CAPIS Morning Note -7/8/20 Stocks Mixed This Morning After Selling Off Tuesday

Morning Note

Morning Note

posted by CAPIS on 07/08/2020 at 5:23 am
by CAPIS on 07/08/2020

Breaking News: Brooks Brothers files for Chapter 11 in Delaware. IPOs Filed: None of note. Secondaries Priced: AKRO ETNB ASND VIR HQY of note. Notes Priced of note: ARGO PCRX of note. Common Stock filings:  CNTG of note. Mixed Shelf Offerings:  BBIO of note. Convertible Offering Files: INSG of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SGH +0.03 of note. Misses:  LEVI (0.05) of note. Hourly Action This Past Week: Updated 7/6 Close News After The Close (In Order) Synaptics (SYNA) to buy Broadcom’s (AVGO) wireless IoT connectivity business for $250 million in cash. DocuSign (DOCU) buys Liveoak Technologies for $38 million in all stock deal. Leidos (LDOS) wins $379 million contracts from U.S. Customs and Border Protection. Fluor (FLR) wins Indefinite Delivery/Indefinite Quantity contract from U.S. Department of Energy worth $3 billion in bids over 10 years. Walt Disney (DIS) looks to reopen on Saturday. (Reuters) United Airlines (UAL) see capacity down 75% year over year. Secretary of State Pompeo note U.S. will implement visa restrictions for Chinese officials involved in stopped travel to Tibet. White House issues a statement pushing for opening of schools in the fall. The Reserve Bank of Australia announces its latest monetary policy…

Breaking News: Brooks Brothers files for Chapter 11 in Delaware. IPOs Filed: None of note. Secondaries Priced: AKRO ETNB ASND VIR HQY of note. Notes Priced of note: ARGO PCRX of note. Common Stock filings:  CNTG of note. Mixed Shelf Offerings:  BBIO of note. Convertible Offering Files: INSG of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SGH +0.03 of note. Misses:  LEVI (0.05) of note. Hourly Action This Past Week: Updated 7/6 Close News After The Close (In Order) Synaptics (SYNA) to buy Broadcom’s (AVGO) wireless IoT connectivity business for $250 million in cash. DocuSign (DOCU) buys Liveoak Technologies for $38 million in all stock deal. Leidos (LDOS) wins $379 million contracts from U.S. Customs and Border Protection. Fluor (FLR) wins Indefinite Delivery/Indefinite Quantity contract from U.S. Department of Energy worth $3 billion in bids over 10 years. Walt Disney (DIS) looks to reopen on Saturday. (Reuters) United Airlines (UAL) see capacity down 75% year over year. Secretary of State Pompeo note U.S. will implement visa restrictions for Chinese officials involved in stopped travel to Tibet. White House issues a statement pushing for opening of schools in the fall. The Reserve Bank of Australia announces its latest monetary policy…

CAPIS Morning Note -7/7/20 Stocks Lower As The Uptrend Takes A Breather

Morning Note

Morning Note

posted by CAPIS on 07/07/2020 at 6:04 am
by CAPIS on 07/07/2020

IPOs Filed: None of note. Secondaries Priced:  ARE of note. Notes Priced of note: None of note. Common Stock filings: RVMD ARE  PING XIN TUFN  of note. Mixed Shelf Offerings:  AGLE TUFN of note. Convertible Offering Files:  PCRX of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/6 Close News After The Close (In Order) Great Lakes Dredge & Dock (GLDD) wins several contract bids for $51.1 million. Pacira Pharmaceuticals (PCRX) reports preliminary Q2 revenue well above consensus. Parsons (PSN) wins $178 million contract from the U.S. Intelligence Community. Arcos Dorados (ARCO) to provide stock dividend instead of cash dividend payments. Retail Properties of America (RPAI) sees June Rent Collection at 64.7%. Raytheon Technologie (RTX) wins $6 billion contract from the Defense Logistics Agency. Raises Guidance: QDEL PING AVTR  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -19  Dow Jones Industrial Average -215 NASDAQ -20  Russell 2000 -7.48. Fair values are lower.  Asia mixed  and Europe lower. $VIX…

IPOs Filed: None of note. Secondaries Priced:  ARE of note. Notes Priced of note: None of note. Common Stock filings: RVMD ARE  PING XIN TUFN  of note. Mixed Shelf Offerings:  AGLE TUFN of note. Convertible Offering Files:  PCRX of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/6 Close News After The Close (In Order) Great Lakes Dredge & Dock (GLDD) wins several contract bids for $51.1 million. Pacira Pharmaceuticals (PCRX) reports preliminary Q2 revenue well above consensus. Parsons (PSN) wins $178 million contract from the U.S. Intelligence Community. Arcos Dorados (ARCO) to provide stock dividend instead of cash dividend payments. Retail Properties of America (RPAI) sees June Rent Collection at 64.7%. Raytheon Technologie (RTX) wins $6 billion contract from the Defense Logistics Agency. Raises Guidance: QDEL PING AVTR  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -19  Dow Jones Industrial Average -215 NASDAQ -20  Russell 2000 -7.48. Fair values are lower.  Asia mixed  and Europe lower. $VIX…

CAPIS Morning Note – 7/6/20 Futures Strong On China Recovery

Morning Note

Morning Note

posted by CAPIS on 07/06/2020 at 5:22 am
by CAPIS on 07/06/2020

IPOs Filed: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings:  BCEL HTGC CVM DVAX CSOD AKRO ETNB VIR  of note. Mixed Shelf Offerings: BCEL PSNL LEVL HROW SEAS KRTX CBAY  of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/2 Close News After The Close (In Order) Nautilus (NLS) looks to sell it Octane Fitness unit. Rexford Industrial Realty (REXR) buys five industrial properties for $73.2 million. Texas Governor issues mandate to require mandatory face coverings insider commercial businesses and other public spaces. Sanofi (SNY) and Regeneron (REGN) provided an updated on Kevzara Phase 3 U.S. trial, did not meet primary and key secondary endpoints for Covid-19. DXC Technology (DXC) lowered by credit agency on uncertain long term business prospects. II-VI (IIVI) sees credit agency upgrade equity offering, debt repayment  and takes outlook to stable. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +48…

IPOs Filed: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings:  BCEL HTGC CVM DVAX CSOD AKRO ETNB VIR  of note. Mixed Shelf Offerings: BCEL PSNL LEVL HROW SEAS KRTX CBAY  of note. Convertible Offering Files:  None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/2 Close News After The Close (In Order) Nautilus (NLS) looks to sell it Octane Fitness unit. Rexford Industrial Realty (REXR) buys five industrial properties for $73.2 million. Texas Governor issues mandate to require mandatory face coverings insider commercial businesses and other public spaces. Sanofi (SNY) and Regeneron (REGN) provided an updated on Kevzara Phase 3 U.S. trial, did not meet primary and key secondary endpoints for Covid-19. DXC Technology (DXC) lowered by credit agency on uncertain long term business prospects. II-VI (IIVI) sees credit agency upgrade equity offering, debt repayment  and takes outlook to stable. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +48…

CAPIS Morning Note – 7/2/20 4.8 Million Jobs Added In June, Futures Take Second Leg Higher

Morning Note

Morning Note

posted by CAPIS on 07/01/2020 at 9:28 pm
by CAPIS on 07/01/2020

Breaking News:  IPOs on deck:  Lemonade (LMND) prices at $29 a share way above range of $23 to $26. Accord Networks (ACCD) prices at $22 a share above $19 to $21 range. IPOs Filed: None of note. Secondaries Priced: BLFS XP of note. Notes Priced of note: None of note. Common Stock filings: BLFS NLTX IIVI  of note. Mixed Shelf Offerings: GS  MORF AKRO PRVL of note. Convertible Offering Files: IIVI of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   FIZZ +0.17 of note. Misses:  None of note. Hourly Action This Past Week: Updated 6/30 Close News After The Close (In Order) McDonald’s (MCD) stops dine in services for next three weeks. House passed PPP extension to 8/8. President Trump in Fox interview last night notes he would wear a mask when makes sense. Wants “larger” direct payments to Americans. California ramps up shut downs in 19 counties including Orange. Raises Guidance: FORM NUS Dividend Raise: OZK  Share Repurchase Announcement: BPY What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +37  Dow Jones Industrial Average +379 NASDAQ +104 …

Breaking News:  IPOs on deck:  Lemonade (LMND) prices at $29 a share way above range of $23 to $26. Accord Networks (ACCD) prices at $22 a share above $19 to $21 range. IPOs Filed: None of note. Secondaries Priced: BLFS XP of note. Notes Priced of note: None of note. Common Stock filings: BLFS NLTX IIVI  of note. Mixed Shelf Offerings: GS  MORF AKRO PRVL of note. Convertible Offering Files: IIVI of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   FIZZ +0.17 of note. Misses:  None of note. Hourly Action This Past Week: Updated 6/30 Close News After The Close (In Order) McDonald’s (MCD) stops dine in services for next three weeks. House passed PPP extension to 8/8. President Trump in Fox interview last night notes he would wear a mask when makes sense. Wants “larger” direct payments to Americans. California ramps up shut downs in 19 counties including Orange. Raises Guidance: FORM NUS Dividend Raise: OZK  Share Repurchase Announcement: BPY What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +37  Dow Jones Industrial Average +379 NASDAQ +104 …

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