Friday, April 21, 2017

4.21.17 Friday Stock Market Movers & News

Good morning traders of the r/StockMarket sub! Happy Friday to ya! Here are your stock market movers & news on this Friday morning-


(CLICK HERE TO VIEW THE FULL SOURCE!)

Frontrunning: April 21

  • Attack overshadows last campaign day in France (Reuters)
  • Paris Gunman Was Questioned by Police in February (WSJ)
  • French PM knocks Le Pen, Fillon stance on security after Paris shooting (Reuters)
  • Battle zone scenes at Paris Champs Elysees (Reuters)
  • In ‘Buy American’ Push, Trump Is Starting in a Hole (WSJ)
  • Trump Steel Probe Adds Tinge of Economic Nationalism (WSJ)
  • Mnuchin’s Talk of Tax Plan ‘Soon’ Stirs Markets and Skeptics (BBG)
  • Trump, GOP Race to Revive Health Bill, Avoid Government Shutdown (WSJ)
  • Farmers Have a Beef With Trump and Big Meat (BBG)
  • Stock futures little changed as French election in focus (Reuters)
  • Euro-Area Recovery Broadens With Strongest Growth in Six Years (BBG)
  • Markets Send a Worrying Message About the Economy (WSJ)
  • OPEC cut doubts put oil on track for biggest weekly drop in a month (Reuters)
  • Trump’s Trade War Will Make Your Dentist Visits Even Costlier (BBG)
  • Gorsuch's First Big High Court Vote Allows Arkansas Execution (BBG)
  • Exxon Faces Limited Options for Deal With Russian Firm (WSJ)
  • Exxon probe is unconstitutional, Republican prosecutors say (Reuters)
  • Caracas on Knife-Edge as Maduro Protesters Erect Barricades (BBG)
  • Desperate Malls Turn to Concerts and Food Trucks (BBG)
  • Ann Coulter rejects Berkeley's bid to reschedule speech (Reuters)
  • Publishers Weigh Potential Google Ad-Blocking Feature (WSJ)
  • GE revenue falls 1 percent (Reuters)
  • Reckitt Benckiser Fails to Grow for First Time Since 1999 (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 INSIDER TRADING FILINGS:

(CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • GE
  • V
  • CLF
  • MOMO
  • X
  • SQ
  • VRX
  • COL
  • HON
  • MAT
  • SKX
  • STI
  • SWK
  • ABBV
  • MXIM
  • NS
  • SLB
  • MMC
  • GILD
  • MANH
  • AKS
  • AQMS
  • SRPT
  • NCR
  • MA
  • WBC

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

General Electric — GE earned an adjusted 21 cents per share for the first quarter, four cents above estimates, with revenue also above forecasts. Separately, the company said its deal to combine its oil and gas operations with Baker Hughes remains on track.

STOCK SYMBOL: GE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Honeywell — Honeywell beat estimates by four cents with adjusted quarterly profit of $1.66 per share, with revenue beating Street projections as well. Honeywell's results were boosted by better than expected aerospace and energy sales.

STOCK SYMBOL: HON

(CLICK HERE FOR LIVE STOCK QUOTE!)

Stanley Black & Decker — The tool maker beat estimates by 10 cents, reporting adjusted first-quarter profit of $1.29 per share, while revenue also beat forecasts. The company also raised its full-year forecast largely above estimates, based on strength in its industrial businesses.

STOCK SYMBOL: SWK

(CLICK HERE FOR LIVE STOCK QUOTE!)

SunTrust — The bank earned an adjusted 87 cents per share for its latest quarter, three cents above estimates, while revenue was also above forecasts. SunTrust said its results were helped by diversification of its business mix, among other factors.

STOCK SYMBOL: STI

(CLICK HERE FOR LIVE STOCK QUOTE!)

Costco — Costco was upgraded to "overweight" from "equal weight" at Barclays, which said its research indicates that the vast majority of customers visit Costco specifically to buy food. Barclays notes that this indicates Costco is largely protected from competition from Amazon.com.

STOCK SYMBOL: COST

(CLICK HERE FOR LIVE STOCK QUOTE!)

McDonald's, Wendy's — BMO began coverage on both restaurant stocks with "outperform" ratings. It said McDonald's is a premium brand in the early stages of a turnaround, while Wendy's has an attractive valuation and is benefiting from changes in its business model.

STOCK SYMBOL: MCD

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: WEN

(CLICK HERE FOR LIVE STOCK QUOTE!)

Domino's Pizza — Guggenheim rates the pizza chain "buy" in new coverage, pointing to Domino's scale, disciplined decision-making, and an excellent franchise network.

STOCK SYMBOL: DPZ

(CLICK HERE FOR LIVE STOCK QUOTE!)

Visa — The Dow component reported adjusted quarterly profit of 86 cents per share. That comes in seven cents above estimates, with revenue also exceeding forecasts. Visa also announced a new $5 billion share repurchase program.

STOCK SYMBOL: V

(CLICK HERE FOR LIVE STOCK QUOTE!)

E-Trade Financial — E-Trade beat forecasts by nine cents with quarterly profit of 48 cents per share, and the online brokerage also so revenue come in above estimates. E*Trade also saw its strongest brokerage account growth in three years.

STOCK SYMBOL: ETFC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Mattel — Mattel posted a quarterly loss of 32 cents per share, wider than the 17 cent loss that analysts were expecting. The toymaker's revenue also fell short of expectations, with weak demand for its Fisher-Price toys and Barbie dolls, as well as heavy discounting after weak holiday sales. Competitor Hasbro is seeing its shares are falling in sympathy.

STOCK SYMBOL: MAT

(CLICK HERE FOR LIVE STOCK QUOTE!)

Chevron — Chevron lost its appeal of a $226 million Australian tax bill. The country claimed the energy giant owed taxes on a loan from an affiliated company. Chevron is in the process of deciding whether to appeal the decision.

STOCK SYMBOL: CVX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Wal-Mart — A Wall Street Journal report said the retail giant is escalating an ongoing food price war, with the goal of having its food prices 15 percent lower than its competitors at least 80 percent of the time.

STOCK SYMBOL: WMT

(CLICK HERE FOR LIVE STOCK QUOTE!)

Anthem — Anthem indicated it would offer Affordable Care Act plans for 2018 in Virginia and Kentucky, amid reconsideration by major insurers about whether to renew their state ACA plans for next year. UnitedHealth Group did offer a plan in Virginia this year but has confirmed it will not do so in 2018.

STOCK SYMBOL: ANTM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Sony — Sony raised its full-year profit forecasts on lower costs at most of its business units.

STOCK SYMBOL: SNE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Kindred Healthcare — Kindred is exploring a possible sale, according to a Reuters report. The acute care provider is trying to reduce its exposure to Medicare patients, and sources say it could attract interest from both major health insurers and private equity firms.

STOCK SYMBOL: KND

(CLICK HERE FOR LIVE STOCK QUOTE!)

Skechers — Skechers reported first-quarter profit of 60 cents per share, beating estimates by six cents, and the footwear maker's first-ever billion dollar sales quarter was also slightly above Street forecasts.

STOCK SYMBOL: SKX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Robert Half International — Robert Half beat estimates by four cents with quarterly profit of 62 cents per share, with revenue essentially in line. The temporary staffing firm did, however, give current quarter revenue guidance largely below current estimates, saying employers are taking an unusually long time to make hiring decisions.

STOCK SYMBOL: RHI

(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, April the 21st! :)



Submitted April 21, 2017 at 08:25AM by bigbear0083 http://ift.tt/2pKWhsc

No comments:

Post a Comment