Friday, July 28, 2017

7/28 Friday Stock Movers & News

Good morning traders of the r/sStockMarket sub! Happy Friday to everyone. Here are your stock market movers & news on this final trading day of the week-


Frontrunning: July 28

  • ‘Skinny’ Repeal of Obamacare Fails (WSJ)
  • Bad News If You Make $150,000 to $300,000: Higher Taxes for Many (WSJ)
  • Senators Move to Block Trump From Ousting Sessions (WSJ)
  • Amazon’s Expansion Takes Toll (WSJ)
  • Japan Slaps 50% Tariff on Some U.S. Beef (WSJ)
  • Tesla Model 3 Arrives as Elon Musk Tries to Manage Expectations (WSJ)
  • Musk Risks Missing the Mainstream If Model 3 Strays From $35,000 (BBG)
  • UBS Shares Drop Most Since January as Capital Ratio Declines (BBG)
  • Wall Street braces for end of Snap share lockup (Reuters)
  • Car Prices Are Still Falling But the Sky Isn’t as Lender Profits Rise (BBG)
  • Swiss Banks’ Focus on Wealth Pays (WSJ)
  • Venezuela crisis tips into showdown (France24)
  • U.S. orders Venezuela embassy families out, crisis deepens (Reuters)
  • China will take measures to get more foreign investment, boost private investment (Reuters)
  • Killing the Border Tax Solved One Problem. It May Create Several (BBG)
  • Cheap Eggs Flood U.S. Grocery Stores (WSJ)
  • BNP Shows Europe Can Still Build Investment-Bank Champions (BBG)
  • Elliott Tries a Texas Charm Offensive to Outdo Berkshire's Oncor Bid (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 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 LINK #1!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

NONE.


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 LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • AMZN
  • AAPL
  • DVAX
  • AAL
  • X
  • FSLR
  • ABBV
  • XOM
  • SBUX
  • WDC
  • GT
  • ALGN
  • AAN
  • VTR
  • NUVA
  • SAVE
  • HRC
  • MRK
  • UVXY
  • CY
  • CS
  • TVIX
  • AXL
  • BBVA
  • HCN

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Merck – The drug maker reported adjusted quarterly profit of $1.01 per share, 14 cents above estimates, with revenue beating forecasts as well. Merck's profit was up 61.5 percent from a year earlier, bolstered by demand for its cancer drug Keytruda.

STOCK SYMBOL: MRK

(CLICK HERE FOR LIVE STOCK QUOTE!)

American Airlines Group – The carrier came in 5 cents above estimates with adjusted quarterly profit of $1.92 per share, with revenue slightly above forecasts. American also saw the key metric of revenue per available seat mile rise by 5.7 percent compared to a year earlier.

STOCK SYMBOL: AAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

Rockwell Collins – The maker of aircraft components exceeded Street forecasts by 6 cents with adjusted quarterly earnings of $1.64 per share, while revenue also exceeded estimates. Rockwell Collins benefited from its acquisition of B/E Aerospace, a maker of aircraft interiors.

STOCK SYMBOL: COL

(CLICK HERE FOR LIVE STOCK QUOTE!)

Amazon.com — The online retail giant earned 40 cents per share for its latest quarter, well below the consensus estimate of $1.42. Revenue did come in above estimates, but Amazon invested heavily in growth areas such as video content. It also forecast a possible operating loss for the current quarter.

STOCK SYMBOL: AMZN

(CLICK HERE FOR LIVE STOCK QUOTE!)

Starbucks – Starbucks matched Street forecasts with adjusted quarterly earnings of 55 cents per share, though revenue came in below estimates. The coffee chain also gave a cautious forecast for the current quarter, and announced it would shut down all 379 of its Teavana stores.

STOCK SYMBOL: SBUX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Intel – Intel beat estimates by four cents with adjusted quarterly profit of 72 cents per share, while the chipmaker's revenue came in above estimates. Intel also raised its full-year revenue outlook, amid a more optimistic outlook for its personal computer business.

STOCK SYMBOL: INTC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Expedia – Expedia fell four cents shy of estimates, reporting adjusted quarterly profit of 89 cents per share, though the travel website operator did post consensus-beating revenue. Gross bookings – a key metric for Expedia – also fell short of expectations.

STOCK SYMBOL: EXPE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Electronic Arts – Electronic Arts posted adjusted quarterly profit of 36 cents per share, beating estimates of 27 cents, while the video game maker's revenue was also above consensus forecasts. The results were helped by demand for its most popular titles like "The Sims", but shares were pressured in after-hours trading after they reached a record high during the regular session.

STOCK SYMBOL: EA

(CLICK HERE FOR LIVE STOCK QUOTE!)

Mattel – Mattel lost 14 cents per share for its latest quarter, wider than the nine cents forecast by analysts. The toy maker also saw revenue fall short as global sales of its flagship Barbie brand fell five percent.

STOCK SYMBOL: MAT

(CLICK HERE FOR LIVE STOCK QUOTE!)

First Solar – First Solar reported adjusted quarterly profit of 64 cents per share, well above the four cent consensus estimate. The solar company's revenue also beat forecasts by a wide margin, and gave an upbeat forecast for the full year as pricing in the solar market firms.

STOCK SYMBOL: FSLR

(CLICK HERE FOR LIVE STOCK QUOTE!)

Boston Beer – Boston Beer earned $2.35 per share for the second quarter, far outstripping the $1.41 consensus estimate. The brewer of Sam Adams beer also reported revenue above Street forecasts, as it sees increased revenue per barrel produced.

STOCK SYMBOL: SAM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Align Technology – Align reported second quarter profit of 85 cents per share, 12 cents above estimates, with revenue also beating forecasts. The maker of the Invisalign dental brace system also gave an upbeat revenue forecast and said Invisalign case volume for the current quarter would be up 30 percent or more from a year ago.

STOCK SYMBOL: ALGN

(CLICK HERE FOR LIVE STOCK QUOTE!)

Barclays – Barclays reported a $1.57 billion first-half loss, following a sizable impact from the sale of the European bank's Africa business.

STOCK SYMBOL: BCS

(CLICK HERE FOR LIVE STOCK QUOTE!)

UBS – UBS reported a $1.21 billion profit for the second quarter, beating analyst forecasts, but the bank gave a cautious second-half outlook.

STOCK SYMBOL: UBS

(CLICK HERE FOR LIVE STOCK QUOTE!)

Wells Fargo – Wells Fargo will reimburse about $80 million to 570,000 customers. The refund involves borrowers who were wrongly charged for car loan insurance.

STOCK SYMBOL: WFC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Ford – The automaker's Explorer models are under increased scrutiny from the National Highway Traffic Safety Administration, which is expanding an investigation of reports of exhaust odors in vehicle compartments. About 1.3 million vehicles are affected, covering model years 2011 through 2017.

STOCK SYMBOL: F

(CLICK HERE FOR LIVE STOCK QUOTE!)

Amgen – Amgen was granted priority review for its request to add heart-related benefits to the label for its injectable cholesterol drug Repatha.

STOCK SYMBOL: AMGN

(CLICK HERE FOR LIVE STOCK QUOTE!)

Weyerhaeuser – Weyerhaeuser reported adjusted quarterly profit of 28 cents per share, beating forecasts by 1 cent, while the forest products company's revenue came in slightly below consensus. The company said all its businesses were performing well and that it is poised to benefit from a strong housing market.

STOCK SYMBOL: WY

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What is on everyone's radar for today's trading day ahead here at r/StockMarket?


I hope you all have an excellent trading day ahead here on this Friday, July the 28th! ;-)



Submitted July 28, 2017 at 09:29AM by bigbear0083 http://ift.tt/2eTAnlP

No comments:

Post a Comment