Good morning traders of the r/StockMarket sub! Happy Friday! Here are your pre-market stock movers & news for today-
(FULL SOURCE!)
Frontrunning: December 9
- Futures rise as 'Trump rally' rolls on (Reuters), Oil Advances as European Stocks Extend Gains; Korean Won Slides (BBG)
- Syrian government forces press attack in east Aleppo (Reuters)
- Trump: China Will Have to ‘Play by the Rules’ (BBG)
- Trump’s Cabinet Picks Signal Coming Deregulation Moves (WSJ)
- Russia’s Military Buildup on the Baltic to Test Trump on NATO (WSJ)
- OPEC’s Historic Deal Won’t Be Enough to Drain Oil Stockpiles (BBG)
- OPEC Deal Faces Test as Cartel Seeks Russia Commitment (WSJ)
- Dutch court convicts anti-Islam politician Wilders of inciting discrimination (Reuters)
- Korea’s Park Impeached as Protesters Vent Anger Over Corruption (BBG)
- In Trump stronghold, jobs aplenty, but paychecks thin (Reuters)
- Trump Team Looks for Ways to Keep Nuclear Power Alive (BBG)
- Europe’s Next Big Currency Opportunity Just Got a Lot Closer (BBG)
- U.S. defense chief reassures Afghans amid questions over Trump's policies (Reuters)
- China Faces Off Against World on Open Global Markets (WSJ)
- Turkish jets hit Islamic State targets in Syria (Reuters)
- Democrats plot uphill fight against some Trump nominations (Reuters)
- China Car Sales Rise 20% as Buyers Rush to Beat Expiring Tax Cut (BBG)
- Euro zone bailout fund not preparing Italy aid: Regling (Reuters)
- ECB's QE powers limited as banks fail to transmit cheap credit: Rimsevics (Reuters)
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!)
THIS MORNING'S EARNINGS CALENDAR:
(CLICK HERE FOR TODAY'S EARNINGS CALENDAR!)
THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:
- WYNN
- LVS
- XLF
- FGP
- RH
- AVGO
- FNSR
- DGAZ
- MGM
- UGAZ
- MPEL
- JDST
- SWC
- QQQ
- SOXX
- DLTH
- AIRG
- MTN
- C
- GDXJ
- MS
- AZN
- NUGT
- SWKS
THIS MORNING'S STOCK NEWS MOVERS: LVS, MGM, WYNN, RH, AFL, BIIB, MTN, DLTH, AVGO, T, MMM, MON, WFC
(source: cnbc.com)
Las Vegas Sands, MGM Resorts, Wynn Resorts — Shares of casino operators are bouncing back this morning, after Macau officials said they had not shrunk daily cash withdrawal limits for Chinese gamblers. A report in the South China Morning Post had said the amount allowed for withdrawal from automated teller machines would be cut in half.
STOCK SYMBOL: LVS
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: MGM
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: WYNN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Restoration Hardware — The luxury furnishings retailer reported adjusted quarterly profit of 20 cents per share, four cents above estimates. Revenue also beat forecasts, but the company gave weak current quarter guidance due to promotional activity.
STOCK SYMBOL: RH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Aflac — The disability insurer was cut to "underperform" from "market perform" at RBC, based on RBC's outlook for sluggish sales growth and various earnings headwinds.
STOCK SYMBOL: AFL
(CLICK HERE FOR LIVE STOCK QUOTE!)
Biogen — Biogen's experimental Alzheimer's drug was shown to reduce the risk of brain swelling when doses are gradually increased as opposed to using fixed higher doses.
STOCK SYMBOL: BIIB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Vail Resorts — The resort operator lost $1.70 per share for its latest quarter, 13 cents wider than anticipated, and its revenue also came in below analyst estimates. However, Vail did raise its 2017 resort earnings outlook, and said season pass sales during the quarter were up 16 percent over a year ago.
STOCK SYMBOL: MTN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Duluth Holdings — Duluth reported a profit of 1 cent per share, compared to forecasts of a breakeven quarter, but the casual clothing maker saw revenue miss forecasts and it gave weak full-year guidance. Duluth cites unusually warm weather and a highly promotional environment for its cautious forecast.
STOCK SYMBOL: DLTH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Bristol-Myers Squibb — The drug maker raised its quarterly dividend by 1 cent to 39 cents per share, starting with 2017's first quarter.
STOCK SYMBOL: BMY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Broadcom — Broadcom came in 9 cents above estimates with adjusted quarterly profit of $3.47 per share, while the chip maker saw revenue come in slightly above Street forecasts. Broadcom also announced a doubling of its quarterly dividend to $1.02 per share.
STOCK SYMBOL: AVGO
(CLICK HERE FOR LIVE STOCK QUOTE!)
AT&T — Vice Chairman Ralph de la Vega will retire on December 31 after 42 years at the company. De la Vega was responsible for the company's launch of the first iPhone, which at the time was an exclusive contract for AT&T.
STOCK SYMBOL: T
(CLICK HERE FOR LIVE STOCK QUOTE!)
Athene — Athene priced its initial public offering at $40 per share, in the middle of the expected $38 to $42 range, raising $1.1 billion. That makes the annuity provider's IPO the second largest of the year, behind ZTO Express, according to Dealogic.
STOCK SYMBOL: ATH
(CLICK HERE FOR LIVE STOCK QUOTE!)
3M — 3M sold its identity management business to Amsterdam-based Gemalto for $850 million. The deal is expected to close in the first half of 2017.
STOCK SYMBOL: MMM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Monsanto — The chemical maker was sued by Washington state for damages and cleanup costs related to PCB production.
STOCK SYMBOL: MON
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wells Fargo — The bank reportedly chose four of its directors, including chairman Stephen Sanger and vice chair Elizabeth Duke, for a panel that will lead an investigation into the recent sales practices scandal. Reuters reports the other two members are directors Enrique Hernandez and Donald James, and that all four are independent directors.
STOCK SYMBOL: WFC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lions Gate — The movie studio closed its acquisition of cable network operator Starz for $4.4 billion in cash and stock.
STOCK SYMBOL: LGF
(CLICK HERE FOR LIVE STOCK QUOTE!)
DISCLOSURE:
/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
DISCUSS!
What is on everyone's radar for today's trading day ahead here at r/StockMarket?
Hope you all have a wonderful trading day ahead here on this Friday December the 9th! :)
Submitted December 09, 2016 at 08:45AM by bigbear0083 http://ift.tt/2h4UGeS
No comments:
Post a Comment