Good morning traders of the r/StockMarket sub! Happy Thursday! Here are your pre-market stock movers & news for today-
(FULL SOURCE!)
Frontrunning: December 8
- Draghi Expected to Lay Out Plans for More ECB Stimulus (WSJ)
- Bonds Fall as Investors Turn Wary on ECB Stimulus; Euro Gains (BBG)
- European Stock Traders Look to Draghi to Break Santa Curse (BBG)
- Trump to nominate Pruitt to lead U.S. environmental agency (Reuters)
- Trump's choice of China envoy a positive sign for ties, Xinhua says (Reuters)
- Syrian Rebels Pin Hopes on Trump (WSJ)
- Trump Pick of EPA Foe to Lead Agency May Spark Senate Fight (BBG)
- Russia Sells Stake in Oil Giant Rosneft to Glencore, Qatar (WSJ)
- The Return of Glencore’s Dealmaking King (Bloomberg)
- Italian bank Intesa to help fund Rosneft deal for Glencore and Qatar (Reuters)
- Sovereign-Wealth Funds Buy Stake in U.K. Gas Business (WSJ)
- Monte Paschi Seeks ECB Reprieve as It Tries to Escape Bailout (BBG)
- Vietnam dredging on South China Sea reef (Reuters)
- Deutsche Bank May Have Rigged Index in Paschi Deal, Audit Shows (BBG)
- Eyeing upswing, more U.S. oilfield service firms restructure (Reuters)
- Michael Jordan Scores China Legal Victory for His Chinese Name (BBG)
- How Trump’s Web of Businesses Obscures Potential Conflicts (WSJ)
- Facebook’s Investors Criticize Marc Andreessen for Conflict of Interest (BBG)
- Merkel Sticks to Middle Ground in Risky Pitch for German Votes (BBG)
- China’s Banks Are Hiding More Than $2 Trillion in Loans (WSJ)
- Facebook’s Investors Criticize Marc Andreessen for Conflict of Interest (BBG)
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:
- LULU
- HZNP
- SHLD
- LLL
- COST
- EMKR
- VRA
- CBG
- FDX
- SAIC
- CASY
- MU
- EZPW
- DB
- CIEN
- TLRD
- DLR
- QCOM
- AVGO
- SQ
- AXDX
- SIGM
- CS
- FNSR
THIS MORNING'S STOCK NEWS MOVERS: LULU, SHLD, COST, HRB, CIEN, CVX, BK, AMZN, GLW, TRIP, EXPE, PCLN
(source: cnbc.com)
Lululemon — The yoga wear maker reported adjusted quarterly profit of 47 cents per share, four cents above estimates, with revenue also beating forecasts. Lululemon also boosted its earnings outlook, and the company also announced a $100 million stock buyback program.
STOCK SYMBOL: LULU
(CLICK HERE FOR LIVE STOCK QUOTE!)
Sears Holdings — Sears reported a quarterly loss of $3.11 per share, smaller than the loss of $4.06 per share expected by analysts. Revenue came in above estimates, but same-store sales slid more than anticipated and the company's CFO said he could not guarantee when the company would return to profitability.
STOCK SYMBOL: SHLD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Costco — Costco reported adjusted quarterly profit of $1.17 per share, two cents below estimates, with the warehouse retailer's revenue slightly below forecast. Same-store sales were up 1 percent, impacted by discounts and deflation. The company said it saw more shoppers, but sales were hit by lower prices on a wide variety of products.
STOCK SYMBOL: COST
(CLICK HERE FOR LIVE STOCK QUOTE!)
H&R Block — Block lost 67 cents per share for its latest quarter, 1 cent less than analysts had been anticipating. Revenue did beat estimates for the tax preparation firm, which usually turns a profit only in its fiscal fourth quarter when the bulk of tax returns are prepared.
STOCK SYMBOL: HRB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Ciena — The networking equipment maker missed estimates by 3 cents with adjusted quarterly earnings of 44 cents per share, with revenue slightly below analyst forecasts. The company does say its growth is outpacing that of the overall market.
STOCK SYMBOL: CIEN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Verint Systems — Verint earned an adjusted 59 cents per share for its latest quarter, falling short of estimates by 10 cents, while the communications and cybersecurity software maker also saw revenue fall short. It gave weak full year guidance as well, amid increasing competition in the cybersecurity area.
STOCK SYMBOL: VRNT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chevron — Chevron announced a $19.8 billion capital spending plan for 2017, the fourth straight year of spending cuts for the oil giant.
STOCK SYMBOL: CVX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Bank of New York Mellon — The bank was unable to use the Swift network to process client payment instructions for several hours earlier this week, according to the Wall Street Journal. The outage began Sunday afternoon and was resolved Monday morning.
STOCK SYMBOL: BK
(CLICK HERE FOR LIVE STOCK QUOTE!)
Amazon.com — Amazon knocked down reports that it was planning to open more than 2,000 physical grocery stores. An Amazon statement said that number is "not even close."
STOCK SYMBOL: AMZN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Corning — Corning announced a new $4 billion stock repurchase program.
STOCK SYMBOL: GLW
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tailored Brands — The company formerly known as Men's Wearhouse reported adjusted profit of 68 cents per share, 13 cents above estimates, with revenue beating forecasts as well. The clothing retailer, which also owns the Jos. A. Bank chain, also gave an upbeat outlook for comparable store sales.
STOCK SYMBOL: TLRD
(CLICK HERE FOR LIVE STOCK QUOTE!)
TripAdvisor, Expedia, Priceline Group — The three travel website operators are the subject of new coverage at CLSA, which rates TripAdvisor "underperform," Expedia "outperform," and Pricline "buy." CLSA said the benefits of TripAdvisor's business transition are already reflected in the stock's price, while saying that Expedia is benefiting from travel industry consolidation, and that Priceline will gain disproportionately from the shift to online travel booking.
STOCK SYMBOL: TRIP
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: EXPE
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: PCLN
(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 Thursday December the 8th! :)
Submitted December 08, 2016 at 08:25AM by bigbear0083 http://ift.tt/2gfmHBp
No comments:
Post a Comment