Monday, March 6, 2017

3.6.17 Monday Market Movers & News: SNAP, DB, NFLX, XRX, AMZN, HPQ, GRMN, FDX

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


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Frontrunning: March 6

  • Geopolitics, Deutsche Bank drag global stocks lower (Reuters)
  • Deutsche Bank Turnaround Plan Gets Mixed Reaction (BBG)
  • Conservative Groups Jeopardize GOP Plan to Repeal Health Law (WSJ)
  • Russian Hackers Seek Hush Money From Liberal U.S. Groups (BBG)
  • Automakers Near a Victory on Rollback of Fuel Standards (NYT)
  • Brought Down by Long Bust, Texas Oilmen Pray for Another Boom (WSJ)
  • General Motors Waves Goodbye to Europe (BBG)
  • PSA targets Opel turnaround as GM exits Europe (Reuters)
  • GM to Take $4 Billion Charge on Sale of European Unit to Peugeot (WSJ)
  • Standard Life to Buy Aberdeen in $4.7 Billion Stock Deal (BBG)
  • Bezos Expected to Unveil Further Plans for Private Space Exploration (WSJ)
  • Ahmadinejad Joins Twitter in Political Comeback Bid (BBG)
  • How a $26 Billion Hedge Fund Lures the Beautiful Minds (BBG)
  • Sarkozy camp asks France's Fillon to replace himself as candidate (Reuters)
  • Juppe says no to French presidential bid but slams candidate Fillon (Reuters)
  • TSA Warns Local Police About Its New Airport Pat-Downs (BBG)
  • ECB unlikely to boost bond lending to ease end-March squeeze (Reuters)
  • Charity Officials Increasing Get Million-Dollar Paydays (WSJ)
  • America’s Treasuries Revolution in Limbo With Mnuchin in Charge (BBG)
  • German minister warns UK over trade, predicts Frankfurt to gain (Reuters)
  • KKR Gets Record $13.9 Billion for North American Buyout Fund (BBG)
  • China has the right to 'step in' to Hong Kong election, top official says (Reuters)
  • Rich Asian Millennials Pool Family Fortunes to Build Venture Fund (BBG)
  • South Korea prosecutor paves way for charges against Park if impeachment upheld (Reuters)
  • Chinese Property Investors Could Exit U.S. as Asia Beckons (Bloomberg)
  • Orphan Endowments of Dead Schools Bedevil States Across America (BBG)
  • Greek PM glosses over delays and weak data, says economy is recovering (Reuters)
  • Verizon’s Unlimited Data Offer Puts Its Reputation for Reliability at Risk (BBG)
  • Alphabet lawsuit against Uber cements end of uneasy marriage (Reuters)
  • UK manufacturers enjoy post-Brexit surge in orders (Reuters)

STOCK FUTURES NOW:

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FRIDAY'S MARKET HEAT MAP:

(CLICK HERE FOR FRIDAY'S MARKET HEAT MAP!)

FRIDAY'S S&P SECTORS:

(CLICK HERE FOR FRIDAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

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THIS WEEK'S/NEXT WEEK'S IPO'S:

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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:

  • AMD
  • GPRO
  • DB
  • JAZZ
  • CELG
  • CARA
  • LULU
  • CNCE
  • ADXS
  • ASNA
  • NFLX
  • SSW
  • XLV
  • CATO
  • PAY
  • NOVN
  • GM
  • CALM
  • PGNX
  • UVXY
  • SUP
  • NEFF
  • LGIH
  • BT

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Snap — Analysts at Needham initiated coverage of the social media firm's stock with an "underperform" rating, noting the company's total addressable market is 80 percent smaller than Facebook. "Prospect Theory would label SNAP a 'lottery-like' stock," they said in a note. However, Snap's shares were up 2 percent before the bell.

STOCK SYMBOL: SNAP

(CLICK HERE FOR LIVE STOCK QUOTE!)

Deutsche Bank — The German banking giant's U.S.-listed shares slipped before the bell after Deutsche announced an $8.5 billion capital increase. Deutsche Bank is Germany's biggest lender.

STOCK SYMBOL: DB

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Netflix — UBS upgraded the streaming giant's stock to "buy" from "neutral" and raised its price target to $175 a share from $136, implying a 25.8 percent potential upside. "[W]e do see the potential for Netflix to exceed Street subscriber growth expectations and believe that concerns regarding competition and content costs are misplaced," UBS said in a note.

STOCK SYMBOL: NFLX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Xerox — Xerox's stock climbed 2 percent in the premarket after a Barron's article said the shares looked cheap, despite its 28 percent jump this year.

STOCK SYMBOL: XRX

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Amazon — The e-commerce giant agreed to a deal with Spanish energy firm Repsol that will let people pick up packages at its gas stations, according to the Financial Times.

STOCK SYMBOL: AMZN

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HP Inc. — Analysts at Wells Fargo Securities upgraded HP Inc. shares to "outperform" from "market perform," noting that Wall Street may be underestimating its margin expansion and supplies growth.

STOCK SYMBOL: HPQ

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Garmin —The GPS device maker's stock was upgraded at Goldman Sachs to "neutral" from "sell," with analysts characterizing Garmin's valuation as "fair." Goldman also said it expects the company to return to growth next year and raised its price target to $52 from $48 a share.

STOCK SYMBOL: GRMN

(CLICK HERE FOR LIVE STOCK QUOTE!)

FedEx — BMO Capital Markets upgraded FedEx's stock to "outperform" from "market perform" and raised its price target to $220 from $210, citing a "strong margin of safety in valuation" and an improving U.S. industrial outlook, among other factors.

STOCK SYMBOL: FDX

(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 Monday, March the 6th! :)



Submitted March 06, 2017 at 08:38AM by bigbear0083 http://ift.tt/2mWSLto

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