Thursday, March 30, 2017

3.30.17 Thursday Stock Market Movers & News: LULU, COP, BSX, VFC, GE, CMG, BAC, LMT, GT

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


(CLICK HERE TO VIEW THE FULL SOURCE!)

Frontrunning: March 30

  • Trump’s Border Wall: A Tall Order (WSJ)
  • Trump’s Hope for Rapid Reset With Russia Fades (WSJ)
  • China's Xi to meet Trump in Florida next week (Reuters)
  • U.S. Softens Call for Shift on Nafta (WSJ)
  • ESPN Has Seen the Future of TV and They’re Not Really Into It (BBG)
  • Inside the Leadership Shakeup at Merrill Lynch (BBG)
  • States’ Next Target on Sales Taxes: Sellers on Amazon (WSJ)
  • South Africa's Zuma considers stepping down early in deal to oust Gordhan (Reuters)
  • Zuma to Face Mass Cabinet Walkout If He Fires Gordhan (BBG)
  • U.S., Turkey Set on a Collision Course (WSJ)
  • Ackman Is ‘Profoundly’ Sorry for $4 Billion Valeant ‘Mistake’ (BBG)
  • ‘You Are All Liars’: Toshiba Shareholders Vent After Westinghouse Bankruptcy (WSJ)
  • Malaysia mistook slain Kim Jong Nam for South Korean (Reuters)
  • JPMorgan in Talks for Dublin Office That Holds 1,000 People (BBG)
  • North Carolina lawmakers reach deal to repeal transgender bathroom law (Reuters)
  • Chinese women golfers may shun LPGA event amid South Korea tensions (Reuters)
  • This Chinese Stock Soared 4,500% on the Nasdaq and No One Knows Why (BBG)
  • Amazon Wants Cheerios, Oreos and Other Brands to Bypass Wal-Mart (BBG)
  • Spain’s Mom and Pops Are Hurting (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/NEXT WEEK'S IPO'S:

(CLICK HERE FOR THIS WEEK'S/NEXT 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!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

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

THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

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

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • CRBP
  • LULU
  • DGAZ
  • OMER
  • TNXP
  • UGAZ
  • CY
  • PGNX
  • COP
  • CVE
  • MOMO
  • NLNK
  • VFC
  • CYBR
  • TWLO
  • GS
  • AAPL
  • SCWX
  • XLE
  • WOR
  • GILD
  • CX
  • JPM
  • AMZN

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Lululemon — The yoga wear maker's stock is getting slammed after an earnings miss and a weak forecast. Lululemon fell a penny a share short of forecasts with adjusted quarterly profit of $1 per share, and its current-quarter guidance of 25 to 27 cents per share falls well short of the 39 cents consensus estimate. The company said its spring clothing isn't bold enough and promises to make more attractive gear and clothing to correct the problem.

STOCK SYMBOL: LULU

(CLICK HERE FOR LIVE STOCK QUOTE!)

Toyota — Toyota announced a recall of 2.9 million vehicles in the latest such move related to defective Takata airbag inflators. This particular recall does not involve any vehicles sold In the United States.

STOCK SYMBOL: TM

(CLICK HERE FOR LIVE STOCK QUOTE!)

ConocoPhillips — ConocoPhillips struck a deal to sell Canadian oil sands and natural gas assets to Canada's Cenovus Energy for $13.3 billion. Cenovus is already a partner of the US-based energy giant in the Surmont oil sands project.

STOCK SYMBOL: COP

(CLICK HERE FOR LIVE STOCK QUOTE!)

Boston Scientific — The medical device company struck a deal to buy Switzerland-based Symetis, a privately held maker of heart valves, for $435 million in cash.

STOCK SYMBOL: BSX

(CLICK HERE FOR LIVE STOCK QUOTE!)

VF Corp. — In a release ahead of its investor meeting, the apparel maker predicts earnings will grow at an annual rate of 10 percent to 12 percent through 2021, and that it will return $8 billion to shareholders during that time.

STOCK SYMBOL: VFC

(CLICK HERE FOR LIVE STOCK QUOTE!)

General Electric — GE and consortium partners are the sole bidders for a Nigerian railway project worth about $2 billion. The project involves building two rail lines connecting northern cities in Nigeria to others in the south.

STOCK SYMBOL: GE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Synovus Financial — The Georgia-based bank is in talks to buy the financial arm of sporting goods retailer Cabela's, according to a Wall Street Journal report. Such a move would help save a planned $4.5 billion buyout of Cabela's by Bass Pro Shops. Capital One Financial had originally agreed to buy the financial unit, but later said regulatory approval would be a problem because of investigations into its anti-money laundering measures.

STOCK SYMBOL: SNV

(CLICK HERE FOR LIVE STOCK QUOTE!)

Chipotle Mexican Grill — Chipotle won its bid to undo a class action suit by management trainees in six states. The managers had claimed that the restaurant chain unlawfully denied them overtime pay, but a judge said they were unable to show that they were eligible for such pay.

STOCK SYMBOL: CMG

(CLICK HERE FOR LIVE STOCK QUOTE!)

Legg Mason — The investment firm is cutting more than 30 workers — about three percent of its corporate staff — because of what it calls "disruption" in the money management industry.

STOCK SYMBOL: LM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Bank of America — The bank's Merrill Lynch unit is cutting its 10 divisions down to six, according to an internal memo obtained by CNBC. The memo quotes Merrill Lynch Wealth Management chief Andy Sieg as saying the changes would help the unit operate more effectively.

STOCK SYMBOL: BAC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Lockheed Martin — A sale of Lockheed's F-16 fighter jets to Bahrain will be approved by the Trump administration without the human rights conditions imposed by the State Department under the Obama administration. The deal involves the sale of 19 of those jets.

STOCK SYMBOL: LMT

(CLICK HERE FOR LIVE STOCK QUOTE!)

Goodyear Tire — Goodyear was downgraded to "neutral" from "buy" at Goldman Sachs in a valuation call, with the stock up more than 17 percent so far this year.

STOCK SYMBOL: GT

(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, March the 30th! :)



Submitted March 30, 2017 at 09:25AM by bigbear0083 http://ift.tt/2njHa6P

No comments:

Post a Comment