Good morning traders of the r/StockMarket sub! Happy Friday! Here are your morning stock market movers & news on this Friday-
(CLICK HERE TO VIEW THE FULL SOURCE!)
Frontrunning: October 14
- China inflation relief sends stocks, dollar higher (Reuters)
- China producer prices rise for first time in nearly five years, may ease debt woes (Reuters)
- Oil rises further above $52 on tighter U.S. fuel stocks (Reuters)
- Oil From $50 Billion Kashagan Field Starts Flowing to Export (BBG)
- HP Plans Up to 4,000 Job Cuts Over Three Years (BBG)
- New Rules Make It Harder for Companies to Manage Their Cash (WSJ)
- The Sept. 11 Lawsuit Bill Is Weaker Than It Appears (BBG)
- The U.S. Election Is Driving Americans Nuts (BBG)
- Republicans weigh response with eye toward future (Reuters)
- Hershey CEO Bilbrey prepares to step down (Reuters)
- More Than 1 Million in Obamacare to Lose Plans as Insurers Quit (BBG)
- Saudi Arabia, SoftBank aim to be world's No. 1 tech investor with $100 billion fund (Reuters)
- Obama decries 'wild west' media landscape (AFP)
- British banks keep cyber attacks under wraps to protect image (Reuters)
- Goldman’s Online Consumer-Lending Platform Goes Live (WSJ)
- Malaysian Fund 1MDB Linked to White House Visit (WSJ)
- Islamic State crushes rebellion plot in Mosul as army closes in (Reuters)
- Carmakers forced back to bigger engines in new emissions era (Reuters)
- Verizon Warns Yahoo That Breach Could Affect Takeover Deal (WSJ)
STOCK FUTURES NOW:
(CLICK HERE FOR STOCK FUTURES CHARTS!)
YESTERDAY'S MARKET HEAT MAP:
(CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)
YESTERDAY'S S&P SECTORS:
(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)
TODAY'S EARNINGS CALENDAR:
(CLICK HERE FOR TODAY'S EARNINGS CALENDAR!)
THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:
- JPM
- ACAD
- EGLT
- WFC
- C
- TWLO
- BAC
- JDST
- ULTA
- PNC
- SPY
- INFY
- IBM
- UVXY
- BABA
- BLUE
- DUST
- FHN
- HPQ
- EPM
- MIME
- MELI
- SVXY
- CZZ
THIS MORNING'S STOCK NEWS MOVERS: JPM, PNC, HPQ, AMZN, VMW, UAL, HSY, YHOO, PEP, SNE, HON, CAG, ATVI, TTWO, UNP
(source: cnbc.com)
JPMorgan Chase — The bank posted profit of $1.58 per share, beating estimates of $1.39, and revenue was also above forecasts. Though profit fell from a year ago, JPM did see record commercial banking income as well as double-digit gains in deposits and loans.
STOCK SYMBOL: JPM
(CLICK HERE FOR LIVE STOCK QUOTE!)
PNC Financial — PNC beat estimates by six cents with quarterly earnings of $1.84 per share, while revenue was just slightly above forecasts. The bank said its capital levels are strong and that loans and deposits increased compared to a year ago.
STOCK SYMBOL: PNC
(CLICK HERE FOR LIVE STOCK QUOTE!)
HP Inc. — The printer and PC maker issued a cautious 2017 cash flow forecast. It does, however, expect to hike its dividend by seven percent and it's added $3 billion to its stock buyback program. HP also said it would cut three to four thousand jobs over the next three years.
STOCK SYMBOL: HPQ
(CLICK HERE FOR LIVE STOCK QUOTE!)
Amazon.com, VMware — The two companies have jointly unveiled a new hybrid cloud service which will let customers run computing operations both on their own local VMWare data centers as well as on Amazon's cloud servers.
STOCK SYMBOL: AMZN
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: VMW
(CLICK HERE FOR LIVE STOCK QUOTE!)
United Continental — United suffered a computer glitch that temporarily delayed thousands of United Airlines passengers on flights worldwide. The airline does say the problem has now been resolved.
STOCK SYMBOL: UAL
(CLICK HERE FOR LIVE STOCK QUOTE!)
Hershey — Chief Executive Officer John Bilbrey will retire on July 1, 2017. Bilbrey will continue as non-executive chairman of the chocolate maker following his retirement, and the board has appointed a special committee to find a new CEO.
STOCK SYMBOL: HSY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yahoo — Yahoo remains on watch following Verizon's declaration yesterday that Yahoo's recent data hack may have been material enough to renegotiate the terms of their takeover deal. Verizon currently has a $4.83 billion deal in place to buy Yahoo's core internet assets.
STOCK SYMBOL: YHOO
(CLICK HERE FOR LIVE STOCK QUOTE!)
PepsiCo — PepsiCo is near a deal to buy KeVita, according to Reuters, as the beverage maker diversifies its soft drink business. KeVita is a maker of sparking probiotic drinks.
STOCK SYMBOL: PEP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Sony — Sony said its PlayStation unit plans to release five or six smartphone games during the fiscal year that ends in March 2018 for both Apple's iOS and Google's Android platform.
STOCK SYMBOL: SNE
(CLICK HERE FOR LIVE STOCK QUOTE!)
Honeywell — Chief Executive Officer David Cote told CNBC's Jim Cramer that he was wrong for not giving a more upbeat 2017 outlook. He said that the upbeat long-term message for the company may have gotten lost in a recent management presentation.
STOCK SYMBOL: HON
(CLICK HERE FOR LIVE STOCK QUOTE!)
ConAgra — RBC upgraded the food producer to "outperform" from "sector perform," saying the current stock price undervalues the potential for increased profit margins as well as the company's new consumer focus and the probability of ConAgra executing a large takeover deal.
STOCK SYMBOL: CAG
(CLICK HERE FOR LIVE STOCK QUOTE!)
Activision Blizzard, Take-Two Interactive — Oppenheimer initiated coverage of the two video game companies with "outperform" ratings. It thinks Take-Two will benefit both from company initiatives as well as positive trends within the entire industry, and that Activision is outperforming its peers in the shift to digital distribution.
STOCK SYMBOL: ATVI
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: TTWO
(CLICK HERE FOR LIVE STOCK QUOTE!)
Union Pacific — Citigroup added the rail operator to its "Focus List," noting improved volume, exposure to different sectors, and saying consensus estimates seem too low.
STOCK SYMBOL: UNP
(CLICK HERE FOR LIVE STOCK QUOTE!)
DISCUSS!
What is on everyone's radar for today's trading day ahead here at r/StockMarket?
Hope you all have a great trading day ahead here on this Friday!
Submitted October 14, 2016 at 08:42AM by bigbear0083 http://ift.tt/2e38Tpv
No comments:
Post a Comment