Thursday, February 9, 2017

2/9/17 Thursday Stock Market Movers & News

Good morning traders of the r/StockMarket sub! Happy Thursday! Here are your stock movers & news for today-


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Frontrunning: February 9

  • Airlines, Airports to Meet President Amid Travel-Ban Uncertainty (WSJ)
  • Legal battle pits Trump's powers against his words (Reuters)
  • Trump’s Oval Office Tweets Force CEOs to Choose Fight or Flight (BBG)
  • Companies Plow Ahead With Moves to Mexico, Despite Trump’s Pressure (WSJ)
  • Trump’s Labor Pick Loves Burgers, Bikinis, and Free Markets (BBG)
  • NATO allies lock in U.S. support for stand-off with Russia (Reuters)
  • Sessions Takes Reins at Justice Ready to Walk the Line for Trump (BBG)
  • Washington Turns Attention to Yemen, Pleasing Gulf States (WSJ)
  • Tesla pausing factory for Model 3 preparation this month (Reuters)
  • Twitter reports slowest quarterly revenue growth, shares slide (Reuters)
  • Goldman hedge fund folding London operations, shifting staff to U.S.: sources (Reuters)
  • Big Meat Braces for a Refugee Shortage (BBG)
  • Islamic State-linked group claims rocket attack on Israeli resort (Reuters)
  • Manhattan landlords can't stop setting new records for giveaways (BBG)
  • Zurich Insurance Falls as Greco Fails to Convince on Growth (BBG)
  • China's changing debt risks drive up bond futures volumes (Reuters)
  • Northeast U.S. Bracing for Powerful, Fast-Moving Snowstorm (BBG)
  • Singapore Airlines places $13.8 billion wide-body Boeing order (Reuters)
  • Puma Predicts Profit Jump as Bolt, Rihanna Assist Resurgence (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!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

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

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES PAGE # 1!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES PAGE # 2!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES PAGE # 3!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES PAGE #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES PAGE #2!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES PAGE #3!)

THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

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

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • TWTR
  • TSLA
  • NVDA
  • KO
  • WFM
  • DNKN
  • YELP
  • AGN
  • JWN
  • BIDU
  • REGN
  • ACOR
  • ADPT
  • JCP
  • IMPV
  • PNRA
  • GPRE
  • PPC
  • FISV
  • SGY
  • CTL
  • FLOW
  • CXW

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Coca-Cola — The company reported adjusted quarterly profit of 37 cents per share, matching estimates. Revenue beat forecasts, but Coke gave a weaker than expected full-year 2017 outlook. Coke's results continue to be impacted by a strong dollar, and the company saw its seventh straight quarterly revenue drop.

STOCK SYMBOL: KO

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Twitter — Twitter beat estimates with adjusted quarterly profit of 16 cents per share, 4 cents above estimates, but revenue fell short. Twitter also gave a current quarter adjusted earnings outlook that falls far short of analyst forecasts. It saw its slowest quarterly revenue growth since going public.

STOCK SYMBOL: TWTR

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Viacom — Viacom came in 20 cents above estimates with adjusted quarterly profit of $1.04 per share, and revenue also beat forecasts. Viacom also announced its Spike network would be rebranded as the Paramount Network.

STOCK SYMBOL: VIAB

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CVS Health — The drug store operator came in 4 cents above estimates with adjusted quarterly profit of $1.71 per share, though revenue fell short of forecasts. The company's bottom line results were helped by strong performance in the pharmacy benefit management operation.

STOCK SYMBOL: CVS

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Yum Brands — The parent of Taco Bell, Pizza Hut, and KFC reported adjusted quarterly profit of 79 cents per share, 5 cents above estimates. However, revenue was short of consensus, and the same store sales increase of 1 percent was short of the 1.7 percent estimate.

STOCK SYMBOL: YUM

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Reynolds American — The tobacco producer beat estimates by 2 cents with adjusted quarterly profit of 62 cents per share, with revenue also beating estimates.

STOCK SYMBOL: RAI

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Dunkin' Brands — The doughnut shop operator reported adjusted quarterly profit of 64 cents per share, 3 cents above estimates, with revenue also beating forecasts. Dunkin' also increased its quarterly dividend by 7.5 percent.

STOCK SYMBOL: DNKN

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Anthem, Cigna — Anthem's proposed $54 billion deal to buy Cigna was blocked by a judge's ruling. The Justice Department had sued to block both this deal and Aetna's purchase of Humana. Anthem issued a statement saying it would appeal the ruling.

STOCK SYMBOL: ANTM

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Whole Foods — Whole Foods matched Street estimates by reporting adjusted quarterly profit of 39 cents per share, but the grocery chain's revenue fell short of forecasts and it also cut its full-year sales and earnings outlooks. Whole Foods is seeing the impact from increased competition, and it also announced it would close nine stores.

STOCK SYMBOL: WFM

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United Parcel Service — UPS increased its quarterly dividend to 83 cents per share from 78 cents.

STOCK SYMBOL: UPS

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United Continental — The airline reported a 4 percent increase in revenue passenger miles in January.

STOCK SYMBOL: UAL

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Regeneron Pharmaceuticals, Sanofi — The drug makers won a stay of an order that would have blocked the two companies from selling their cholesterol drug Praluent in the United States. Sales had been blocked after Amgen won a trial in which it accused the two companies of infringing its patents.

STOCK SYMBOL: REGN

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PayPal — PayPal has been subpoenaed by the Justice Department, which is seeking information on the payment service company's anti-money laundering program.

STOCK SYMBOL: PYPL

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Cree — Cree said the planned $850 million sale of its Wolfspeed Power unit to German chipmaker Infineon Technologies might not be allowed to proceed, because of U.S. government security concerns. The lighting components company did not specify the nature of those concerns.

STOCK SYMBOL: CREE

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CME Group — The exchange operator increased its quarterly dividend by 10 percent to 66 cents per share.

STOCK SYMBOL: CME

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Tesla — The automaker will shut down production at its California assembly plant for a week, as it prepares to start production of its Model 3 sedan. Tesla is hoping to start production of the Model 3 in July.

STOCK SYMBOL: TSLA

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Kellogg — Kellogg is changing its delivery model for its branded snacks, switching those products to the warehouse model it uses for its other offerings. Kellogg had been distributing snacks directly to stores.

STOCK SYMBOL: K

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Wells Fargo — Wells Fargo will likely eliminate annual bonuses for some of its top executives for 2016, according to the Wall Street Journal. That follows last year's sales practices scandal, and CEO Timothy Sloan and CFO John Shrewsberry may be among those affected. Sloan took over as chief executive from John Stumpf in the weeks after news of the scandal became public.

STOCK SYMBOL: WFC

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Boeing — Boeing won a 39-jet order from Singapore Airlines that included 20 of its 777 jets and 19 of its 787 jets.

STOCK SYMBOL: BA

(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, February the 9th! :)



Submitted February 09, 2017 at 08:44AM by bigbear0083 http://ift.tt/2kLG2Jd

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