Good morning traders of the r/StockMarket sub! Happy Tuesday to all of you! Here are your stock market movers & news on this Tuesday morning-
Frontrunning: August 15
- White House Risks a Backfire Over China and North Korea (WSJ)
- Three More CEOs Turn Their Backs on Trump (BBG)
- Cities ramp up removal of Confederate statues (Reuters)
- Moon Vents Korea Frustration by Asserting Right to Veto U.S. War (BBG)
- Iran says its drones near U.S. vessels are safe, following rules (Reuters)
- U.S. sanctions hit Russian hopes of a 'Trump bump' for investment (Reuters)
- China says it will defend interests if U.S. harms trade ties (Reuters)
- Defaults Increase for ‘Green’ Loans (WSJ)
- Nuclear Power’s Woes Imperil U.S. National Security, Moniz Says (BBG)
- Britain asks for interim customs deal with EU, new trade deals post-Brexit (Reuters)
- The Nordic Bank That Doesn’t Want Corporate Cash (BBG)
- Profit-Rich Pickups, SUVs May Catch Break in Trump Auto Review (BBG)
- U.S. hedge funds bearish on FAANG stocks in second-quarter (Reuters)
- Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want (BBG)
- Asian neighbors protest as Japan PM sends offering to war dead shrine (Reuters)
- Junk Bonds of the Financial Crisis Were the Decade’s Biggest Winners (BBG)
- Some Companies Want You to Take a Mental-Health Day (WSJ)
STOCK FUTURES NOW:
(CLICK HERE FOR STOCK FUTURES CHARTS!)
YESTERDAY'S MARKET HEAT MAP:
(CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)
YESTERDAY'S S&P SECTORS:
(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)
THIS WEEK'S GLOBAL ECONOMIC & POLICY CALENDAR:
(CLICK HERE FOR THIS WEEK'S GLOBAL ECONOMIC & POLICY CALENDAR!)
THIS WEEK'S IPO'S:
(CLICK HERE FOR THIS WEEK'S IPO'S!)
THIS WEEK'S EARNINGS CALENDAR:
($BABA $JD $HD $AMAT $WMT $CSCO $TGT $SORL $CACI $COH $CSIQ $TJX $DE $SYY $FL $DKS $AAP $ASUR $EXTR $NTAP)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
($HD $COH $TJX $DKS $AAP $QIWI $CLSN $BITA $ECC $SNMP)
(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 LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)
THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:
- HD
- DKS
- AAP
- COH
- BITA
- EXTR
- A
- VMW
- URBN
- TJX
- SYF
- CSCO
- FRSX
- WYNN
- AMP
- QIWI
- NTAP
- AAOI
- ETP
- FIZZ
- AEO
- VIAV
- OMER
- HPE
- BRK.B
THIS MORNING'S STOCK NEWS MOVERS:
(source: cnbc.com)
Home Depot – The home improvement retailer earned $2.25 per share for the second quarter, three cents a share above estimates. Revenue beat forecasts, as well. Comparable-store sales rose 6.3 percent globally, beating the 4.9 percent Thomson Reuters consensus estimate. Home Depot also raised its full-year earnings and revenue forecast.
STOCK SYMBOL: HD
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Coach – The handbag and accessories maker came in one cent a share ahead of estimates, with quarterly earnings of 50 cents per share. Revenue was below forecasts, however. Comparable-store sales were up 4 percent, better than the 3.6 percent consensus estimate, but Coach's full-year earnings and revenue guidance are both below forecasts, pressuring the stock in pre-market trading.
STOCK SYMBOL: COH
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Dick's Sporting Goods – The sporting goods retailer reported adjusted quarterly profit of 96 cents per share, four cents a share below estimates. Revenue missed expectations, comparable-store sales were well short of estimates, and its full-year outlook came in below consensus, as well. Weakness in hunting and licensed apparel impacted results, among other factors.
STOCK SYMBOL: DKS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Advance Auto Parts – The auto parts retailer missed estimates by seven cents a share, reporting adjusted quarterly profit of $1.58 per share. Revenue was essentially in line, and comparable-store sales were unchanged. Analysts had anticipated a 0.2 percent same-store sales decline.
STOCK SYMBOL: AAP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Snap – Cantor Fitzgerald upgraded the stock to "overweight" from "neutral," based on increased engagement with the Snapchat parent. Cantor also notes that the effect of the recent lockup expiration is now fully reflected in the stock's price, as are risks to Snap's outlook.
STOCK SYMBOL: SNAP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pandora Media — The streaming music service named SlingTV founder Roger Lynch as its new chief executive. Pandora also named Snap chairman Michael Lynton to its board of directors. CFO Naveen Chopra had been serving as interim CEO following the departure of Tim Westergren.
STOCK SYMBOL: P
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Intel – Intel CEO Brian Krzanich and Under Armour CEO Kevin Plank were the latest to resign from President Donald Trump's manufacturing council, following the president's initial response to the Charlottesville, Virginia, violence over the weekend. Merck CEO Kenneth Frazier had quit the council earlier in the day.
STOCK SYMBOL: INTC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Herbalife, Nu Skin Enterprises – The two nutritional products makers are both under pressure in pre-market trading, after China regulators announced a new three-month campaign against multi-level marketing company recruitment. The government's announcement did not specifically mention either company.
STOCK SYMBOL: HLF
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: NUS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Synchrony Financial – The credit card issuer was among the stocks added by Warren Buffett's Berkshire Hathaway, according to the firm's latest Securities and Exchange Commission filing, while Berkshire shed its stake in General Electric, Synchrony's former parent.
STOCK SYMBOL: SYF
(CLICK HERE FOR LIVE STOCK QUOTE!)
Costco – Costco owes Tiffany at least $19.4 million in damages over the sale of counterfeit Tiffany diamond engagement rings, according to a federal judge's ruling. The warehouse retailer said the judge's ruling contained multiple errors and that it would appeal.
STOCK SYMBOL: COST
(CLICK HERE FOR LIVE STOCK QUOTE!)
Sears, Whirlpool – The retailer and appliance maker won an approximately $2 million reduction in legal fees connected to a class action suit involving defective washing machines. An appeals court judge cut the award to $2.7 million from the original $4.77 million.
STOCK SYMBOL: SHLD
(CLICK HERE FOR LIVE STOCK QUOTE!)
GoPro – The high definition camera maker was upgraded to "neutral" from "sell" at Goldman Sachs, which also increased its price target for the stock to $10 per share from $6.75. Goldman points to the upcoming launch of the new HERO6 camera by GoPro.
STOCK SYMBOL: GPRO
(CLICK HERE FOR LIVE STOCK QUOTE!)
Corning – Corning was downgraded to "sell" from "neutral" at Goldman, which notes signs of weakness in the current cycle of LCD screen sales.
STOCK SYMBOL: GLW
(CLICK HERE FOR LIVE STOCK QUOTE!)
FULL 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.
DISCUSS!
What is on everyone's radar for today's trading day ahead here at r/StockMarket?
I hope you all have a great trading day ahead here on this Tuesday, August the 15th! :)
Submitted August 15, 2017 at 09:11AM by bigbear0083 http://ift.tt/2uKNUiw
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