Tuesday, November 7, 2017

11/7 Tuesday Stock Market Movers & News

Good morning traders of the r/StockMarket sub! Happy Tuesday to all of you! Here are your pre-market stock market movers & news this morning-


(CLICK HERE TO VIEW THE FULL SOURCE!)

Frontrunning: November 7

  • U.S. Allies Fear Trump Will Pull a Nixon in China (WSJ)
  • Partisan Tensions Flare as GOP Revises Tax Bill (BBG)
  • Tax Overhaul Faces Major Hurdles (WSJ)
  • Multinationals Scurry to Defuse House Tax Bill’s ‘Atomic Bomb’ (BBG)
  • Parties Watch New Jersey, Virginia Votes for Wider Signals (WSJ)
  • Trump Softens Tone on North Korea, Urges Deal on Nuclear Weapons (BBG)
  • Saudi Crackdown Widens as More Bank Accounts Said Frozen (BBG)
  • Texas Gunman’s Violent Past Didn’t Prevent Him From Buying Guns (WSJ)
  • New Delhi pollution hits dangerous level, putting runners at risk (Reuters)
  • Amazon’s Price Left Alleged Trail of Harassment (WSJ)
  • Broadcom Bid Marks Upheaval in Chip Industry (WSJ)
  • Trump's Longtime Bodyguard Schiller Faces Russia Probe Scrutiny (BBG)
  • Chinese fans prepare to welcome rich, powerful, 'free-spirit' Trump (Reuters)
  • ‘Buy Bitcoin’ Overtakes ‘Buy Gold’ as Online Search Phrase (BBG)
  • Tesla Learned About Dyson’s Secret Car Plans Two Years Early (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 ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S IPO'S:

(CLICK HERE FOR THIS WEEK'S IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($NVDA $SQ $SNAP $AAOI $VRX $CVS $PCLN $DIS $SWKS $WB $ON $KORS $M $JCP $PLUG $TTWO $MEET $REGN $WTW $MZOR)

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($VRX $WB $MZOR $SINA $RCL $CBOE $IONS $TSEM $EMR $MNK $CROX $WLK $HAIN $ATHM $DF $PSDV $LGIH $AGEN)

(CLICK HERE FOR THIS MORNING'S 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!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK# 3!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #3!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #4!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #5!)

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!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • VRX
  • KERX
  • PCLN
  • MNK
  • WB
  • WTW
  • TRIP
  • DCIX
  • MYO
  • SWKS
  • SINA
  • RCL
  • CBOE
  • CRM
  • DF
  • AMC
  • HAIN
  • CROX
  • RRGB
  • CCE
  • TMK
  • STAY
  • SMG
  • VCYT

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Tapestry – The company formerly known as Coach reported adjusted quarterly profit of 42 cents per share, six cents a share above estimates. Sales fell short of forecasts, however, with the company pointing to inventory challenges as well as the impact of the recent hurricanes.

STOCK SYMBOL: TPR

(CLICK HERE FOR LIVE STOCK QUOTE!)

Valeant Pharmaceuticals – The drugmaker earned an adjusted $1.04 per share for the third quarter, compared to the consensus estimates of 88 cents a share. Revenue also beat forecasts, with strong sales for the Bausch and Lomb eyecare business helping results.

STOCK SYMBOL: VRX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Dean Foods – The food and beverage company missed estimates by a penny with adjusted quarterly profit of 20 cents per share, and its revenue also missed Street forecasts. The company also said it is in the early stages of a company-wide effort to cut costs and operate more efficiently.

STOCK SYMBOL: DF

(CLICK HERE FOR LIVE STOCK QUOTE!)

Mallinckrodt – The drugmaker earned an adjusted $1.97 per share for the third quarter, 16 cents a share above estimates. Revenue fell below forecasts, however, partly due to pricing pressure in its specialty generics segment.

STOCK SYMBOL: MNK

(CLICK HERE FOR LIVE STOCK QUOTE!)

Under Armour – The athletic apparel maker's stock was upgraded to "neutral" from "negative" at Susquehanna, which said business will be challenging for some time but that expectations have been set low enough to guard against further downside.

STOCK SYMBOL: UAA

(CLICK HERE FOR LIVE STOCK QUOTE!)

Lowe's – KeyBanc rates the home improvement retailer "overweight" in new coverage with a $98 price target, based on a positive view of the housing market and the view that Lowe's is positioned for improved execution.

STOCK SYMBOL: LOW

(CLICK HERE FOR LIVE STOCK QUOTE!)

Salesforce.com – Salesforce announced a partnership with Alphabet's Google unit focusing on the international expansion of cloud infrastructure services. Salesforce will use Google Cloud as its preferred cloud provider.

STOCK SYMBOL: CRM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Priceline Group – Priceline reported adjusted quarterly profit of $35.22 per share, beating the consensus estimate of $34.25 a share. The travel website operator's revenue also came in above forecasts, but Priceline gave current-quarter earnings guidance that is somewhat weaker than analysts were anticipating.

STOCK SYMBOL: PCLN

(CLICK HERE FOR LIVE STOCK QUOTE!)

TripAdvisor – TripAdvisor came in one cent above consensus forecasts with adjusted quarterly profit of 36 cents per share, but the travel review website company saw revenue come in below estimates. TripAdvisor also made cautious comments about the prospects for a near-term rebound, citing recent trends by its travel partners.

STOCK SYMBOL: TRIP

(CLICK HERE FOR LIVE STOCK QUOTE!)

Skyworks Solutions – Skyworks beat estimates by seven cents a share, with adjusted quarterly profit of $1.82 per share. Revenue beat forecasts, as well. The chip maker's stock is under pressure following those results, however, after a nearly 56 percent gain so far this year.

STOCK SYMBOL: SWKS

(CLICK HERE FOR LIVE STOCK QUOTE!)

TrueCar – TrueCar earned an adjusted two cents per share for its latest quarter, compared to a consensus estimate of one cent a share. The car pricing service's revenue came in below forecasts, however, as did its current-quarter guidance.

STOCK SYMBOL: TRUE

(CLICK HERE FOR LIVE STOCK QUOTE!)

Weight Watchers – Weight Watchers reported quarterly profit of 65 cents per share, beating estimates by 14 cents a share. Revenue also topped forecasts. The weight loss service's results helped it hit record high levels in off-hours trading. The company also said it was testing meal-delivery services.

STOCK SYMBOL: WTW

(CLICK HERE FOR LIVE STOCK QUOTE!)

Avis Budget – Avis Budget came in six cents a share above estimates, with adjusted quarterly profit of $3.10 per share. The car rental company's revenue missed forecasts and it gave weaker-than-expected full-year guidance. Avis Budget cited the negative impact of the recent hurricanes as the key factor in its lowered forecast.

STOCK SYMBOL: CAR

(CLICK HERE FOR LIVE STOCK QUOTE!)

Red Robin Gourmet Burgers – Red Robin fell eight cents a share shy of Street forecasts, with adjusted quarterly profit of 21 cents per share. The restaurant chain's revenue also missed estimates. Additionally, Red Robin gave weaker-than-expected current-quarter guidance, Red Robin's average spending per guest fell, and overall guest counts were flat during the most recent quarter.

STOCK SYMBOL: RRGB

(CLICK HERE FOR LIVE STOCK QUOTE!)

Etsy – Etsy beat estimates on the top and bottom lines, with the online crafts seller seeing revenue growing 21.5 percent from a year earlier.

STOCK SYMBOL: ETSY

(CLICK HERE FOR LIVE STOCK QUOTE!)

Tenet Healthcare – Tenet lost 17 cents per share for its latest quarter, smaller than the 38 cent-a-share loss anticipated by analysts. Revenue missed expectations, however, with the hospital operator's results impacted by hurricanes as well as Medicaid cuts.

STOCK SYMBOL: THC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Kraft Heinz – The food maker said it would restate cash flow statements for two quarters after inadvertently putting a new accounting standard in place at the start of 2017 instead of 2018 as intended.

STOCK SYMBOL: KHC

(CLICK HERE FOR LIVE STOCK QUOTE!)

Toyota – The automaker raised its full-year profit forecast due to the effects of a weaker yen. The currency fluctuation is anticipated to offset pressure on Toyota's North American sales.

STOCK SYMBOL: TM

(CLICK HERE FOR LIVE STOCK QUOTE!)

Apple** – Apple's iPhone X has a larger profit margin than its iPhone 8, according to an analysis by teardown firm TechInsights. The iPhone X has a profit margin of 64 percent, compared to 59 percent for the iPhone 8.

STOCK SYMBOL: AAPL

(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. /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?


I hope you all have an excellent trading day ahead today on this Tuesday, November the 7th! :)



Submitted November 07, 2017 at 08:56AM by bigbear0083 http://ift.tt/2Ah43OX

No comments:

Post a Comment