Friday, January 20, 2017

1/20 Friday Market Movers & News (Happy Inauguration Day!)

Good morning traders of the r/StockMarket sub! Happy Friday, January the 20th Inauguration Day! Here are your stock movers & news for today-


(CLICK HERE TO VIEW THE FULL SOURCE)

Frontrunning: January 20

  • How Trump Aims to Broadly Reshape Policy (WSJ)
  • Trump Calls for Unity at Opening Concert as Inaugural Festivities Begin (NYT)
  • Trump Takes the Reins of a Deeply Divided Nation (BBG)
  • Washington braces for anti-Trump protests, New Yorkers march (Reuters)
  • After the Parties, a Protest for the Ages (WSJ)
  • Voter Anxiety That Fueled Trump’s Victory Turns to Hope (WSJ)
  • Pageantry, protests to mark the start of Trump's presidency (Reuters)
  • For stock performance under Trump, don't look to prior transitions (Reuters)
  • Bullion Bulls Have History on Their Side as Trump Takes Helm (BBG)
  • Yellen Backs Gradual Rate Rises as Fed Not Behind the Curve (BBG)
  • Doing Business With Putin (BBG)
  • Floor Caving In on Europe Real Estate Stocks Bashed by Rates (BBG)
  • Republican Governors Balk as Congress Races to End Obamacare (BBG)
  • Telecommunications company Avaya files for bankruptcy (Reuters)
  • Finland Prepares for ‘Manifold Warfare’ as Russia Feeds Paranoia (BBG)
  • Samsung Blames Battery Size for Galaxy Note Fires (WSJ)
  • There's an Unexplained $9 Billion Gap in India's Cash Supply (BBG)
  • Turkey can no longer insist on Syria settlement without Assad: Turkish deputy PM (Reuters)
  • Islamic State destroys famous monument in Syria's Palmyra: antiquities chief (Reuters)
  • GE Meets Profit Estimates on Gains in Power, Aviation Units (BBG)
  • P&G profit and sales beat Wall Street estimates (Reuters)
  • U.K. Retail-Sales Slump Hints at Cracks in Britain’s Brexit Boom (BBG)
  • U.S. Oil Producers Ramp Up Spending (WSJ)
  • Robot Crop Pickers Limit Loss of U.S. Farm Workers to Trump Wall (BBG)
  • Companies’ Job Pledges: Analyzing the Numbers (WSJ)
  • Lloyd’s of London Seeks Europe Base as May Backs Hard Brexit (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 WEEK'S IPO'S:

(CLICK HERE FOR THIS WEEK'S IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)
(CLICK HERE FOR THIS MORNING'S PRE-MARKET TRADING!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

([CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]())

NONE.


ANALYST UPGRADES/DOWNGRADES THIS MORNING:

(CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • SGYP
  • IBM
  • GE
  • SWKS
  • SPY
  • ENDP
  • PG
  • SLB
  • STI
  • CSX
  • AXP
  • CSCO
  • RF
  • SKX
  • SASR
  • UNP
  • CFG
  • JBHT
  • SYF
  • GFED
  • GLBL
  • FSLR
  • GNC
  • HOMB
  • GEO

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Bristol-Myers Squibb — The drugmaker's shares are under pressure, after the company decided not to seek accelerated approval for a new lung cancer treatment. It still expects the treatment – a combination of its immunotherapy drugs Opdivo and Yervoy – to be approved in the second half of 2018.

STOCK SYMBOL: BMY

(CLICK HERE FOR LIVE STOCK QUOTE!)

General Electric — GE matched estimates with adjusted fourth-quarter profit of 46 cents per share, but revenue came in below Street forecasts. GE did see a nearly 36 percent increase in earnings over a year ago, thanks to growth in its power and renewable energy businesses.

STOCK SYMBOL: GE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Procter & Gamble — The consumer products giant earned $1.08 per share for its latest quarter, beating estimates by 2 cents a share. Revenue came in above estimates, as well. The company also increased its full-year 2017 organic sales growth guidance.

STOCK SYMBOL: PG

(CLICK HERE FOR LIVE STOCK QUOTE!)

IBM — IBM reported adjusted quarterly profit of $5.01 per share, 13 cents a share above estimates. Revenue was slightly above Street forecasts, but fell for the 19th consecutive quarter. IBM did report a 33 percent increase in its cloud business, as it continues its transition away from its older businesses.

STOCK SYMBOL: IBM

(CLICK HERE FOR LIVE STOCK QUOTE!)

American Express — American Express missed estimates by 7 cents a share, with adjusted quarterly profit of 91 cents per share. Revenue came in above forecasts and the financial services company raised its 2017 earnings outlook. CEO Kenneth Chenault said the market environment continues to be "very challenging," but that the company's growth initiatives are making progress.

STOCK SYMBOL: AXP

(CLICK HERE FOR LIVE STOCK QUOTE!)

Domino's Pizza — The stock was upgraded to "overweight" from "sector weight" at KeyBanc, on optimism about sustainable growth for the pizza chain. KeyBanc is particularly optimistic about the company's strong move into digital ordering.

STOCK SYMBOL: DPZ

(CLICK HERE FOR LIVE STOCK QUOTE!)

Wells Fargo — Wells Fargo is merging its international business with its wholesale banking operation. International head Richard Yorke was named chief operating officer for the newly constituted wholesale banking unit.

STOCK SYMBOL: WFC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Las Vegas Sands — Las Vegas Sands will pay nearly $7 million to end a five-year investigation into alleged corrupt practices. The probe had centered on the casino operator's relationship with a consultant operating in Macau and in China. Las Vegas Sands was not charged with a crime and the settlement does not contain any admission of guilt.

STOCK SYMBOL: LVS

(CLICK HERE FOR LIVE STOCK QUOTE!)

Alphabet — Alphabet's Google unit is pushing its own products to top spots in search results, according to a Wall Street Journal study. Those products include everything from Pixel phones to Nest smart thermostats. Separately, Pacific Crest is rating both Alphabet and Facebook "overweight" in resumed coverage, based in large part on increased ad pricing.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)

JPMorgan Chase — Chief Executive Officer Jamie Dimon received a 3.7 percent raise in compensation for 2016, according to a filing with the Securities and Exchange Commission. Dimon received a salary of $1.5 million and incentive-based compensation of $26.5 million, paid in both cash and stock.

STOCK SYMBOL: JPM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Target — The retailer promoted executive Rick Gomez to chief marketing officer, a position that had been vacant since August, when Jeff Jones left to take a job at Uber.

STOCK SYMBOL: TGT

(CLICK HERE FOR LIVE STOCK QUOTE!)

Regions Financial — The regional bank matched estimates with profit of 23 cents per share, with revenue also essentially in line. Regions did see an increase in net interest margin, a measure of lending profitability.

STOCK SYMBOL: RF

(CLICK HERE FOR LIVE STOCK QUOTE!)

SunTrust Banks — SunTrust came in 2 cents a share above estimates, with quarterly profit of 90 cents per share. Revenue was in line with forecasts. SunTrust did see a drop in profit over a year earlier, thanks in part to higher expenses.

STOCK SYMBOL: STI

(CLICK HERE FOR LIVE STOCK QUOTE!)

Schlumberger — The oilfield services giant matched Street forecasts with adjusted quarterly profit of 27 cents per share, while revenue beat estimates. Schlumberger saw strength in the Middle East and North America, but performance was weaker in Latin America.

STOCK SYMBOL: SLB

(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, January the 20th! Inauguration Day! :)



Submitted January 20, 2017 at 08:36AM by bigbear0083 http://ift.tt/2k8nrpm

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