Monday, June 11, 2018

(6/11) - Monday's Stock Movers & News

Good morning traders of the r/StockMarket sub! Welcome to the new trading week! Here are your stock movers & news this morning-


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Frontrunning: June 11th

  • U.S.-Canada Trade Feud Escalates After Fraught G-7 Summit (WSJ)
  • Stocks, euro climb as calm in Italy overshadows chaotic G7 (Reuters)
  • Singapore Summit: U.S., North Korea Huddle in Last-Minute Talks (WSJ)
  • Art of the Foreign-Policy Deal: Trump’s Tactics (WSJ)
  • Mexico minister calls for 'flexibility' in reworking NAFTA (Reuters)
  • Italian Markets Rally After Finance Minister Commits to Euro (BBG)
  • The Return of the Political-Risk Trade (WSJ)
  • UK Data Cast Doubt Over Health of Economy (BBG)
  • Suicide bomber kills 13, including women, outside Afghan ministry (Reuters)
  • Foxconn says investigating labor conditions at China factory used for Amazon (Reuters)
  • Jaguar Land Rover to Move Discovery SUV Production to Slovakia (BBG)
  • China's Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO (Reuters)
  • Mexico leftist's pitch to Trump: growth, not walls to fix migration (Reuters)
  • HSBC Outlines Plan to Spend $17 Billion by 2020 (BBG)
  • The Foreign Funds Making Cyprus Their Gateway to Europe (BBG)
  • China Bought Enough American Cotton Futures to Make 400 Million T-Shirts (WSJ)
  • Audi CEO Is Suspect in Diesel Case, Prosecutors Say (BBG)
  • Rolls-Royce, preparing to cut thousands of jobs, says engine problem has spread (Reuters)

STOCK FUTURES NOW:

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TODAY'S MARKET HEAT MAP:

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

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'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:

($ADBE $GOOS $RH $PLAY $BITA $HRB $KMG $YTRA $MIK $SBLK $CASY $LE $FNSR $KFY $TLRD $SAIC $FRED $JBL $LMNR $OXM $SNOA$APPS $PVTL $JW.A $DTEA $TNP $CRWS $CHKE $CULP $AZRE)

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

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

(N/A)

([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

EARNINGS RELEASES BEFORE THE OPEN TODAY:

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EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

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THIS MORNING'S INSIDER TRADING FILINGS:

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TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • IQ
  • BTC.X
  • I
  • RFIL
  • AAOI
  • PCG
  • MTCH
  • RCII
  • EVHC
  • USG
  • NETE
  • FDC
  • SRE
  • INCY
  • TPIV
  • LUV
  • LTC.X
  • ADNT
  • AEGN
  • PEB
  • PTC
  • INTC
  • AIZ
  • BYD
  • SBGI
  • CTXS
  • RCUS
  • SGEN
  • PLD
  • AU

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Rent-A-Center – Rent-A-Center said it has received an increased takeover offer from a company that was previously interested in buying the rent-to-own furniture retailer. That follows the company's Sunday statement that it did not find a suitable buyer and that it had ended its review of strategic alternatives.

STOCK SYMBOL: RCII

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DSW – The shoe retailer was outbid by privately held Authentic Brands in the bidding for bankrupt shoe retailer Nine West, according to The Wall Street Journal. The winning bid by Authentic Brands was said to be worth about $350 million.

STOCK SYMBOL: DSW

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Southwest Airlines – Southwest shares could be poised to bounce back from a recent slide, according to a Barron's article. Southwest shares began to decline in January and the drop accelerated following the April incident in which an engine broke apart and a passenger died as a result.

STOCK SYMBOL: LUV

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Amazon.com – Foxconn is investigating a China plant that makes devices for Amazon, following a report by a watchdog group describing harsh working conditions at that factory.

STOCK SYMBOL: AMZN

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Facebook – Facebook reportedly struck customized data-sharing deals with certain companies after that point in 2015 that it said it had cut off access that information, according to The Wall Street Journal.

STOCK SYMBOL: FB

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Walt Disney – Disney said animation chief John Lesseter will leave the company at the end of the year. Lasseter, a co-founder of Pixar, had been on a six-month leave of absence following what's been termed "missteps" in behavior.

STOCK SYMBOL: DIS

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WPP – The advertising company's probe of former CEO Martin Sorrell looked into whether he was using company money to pay for a prostitute, according to The Wall Street Journal. Sorrell stepped down from following the conclusion of that investigation but the Journal said it is unclear what that investigation concluded.

STOCK SYMBOL: WPP

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Envision Healthcare – Envision agreed to be acquired by private-equity firm KKR for $46 per share, or about $5.5 billion excluding debt.

STOCK SYMBOL: EVHC

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Verifone Systems – Verifone reported adjusted quarterly profit of 25 cents per share, falling 3 cents a share short of estimates. The payment systems provider's revenue came in above forecasts. Verifone is in the process of being acquired by privately held Francisco Partners for $3.4 billion in a deal that was announced in April.

STOCK SYMBOL: PAY

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Microsoft – Microsoft bought four gaming studios for an undisclosed amount, according to the Seattle Times.

STOCK SYMBOL: MSFT

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Match Group – The operator of dating websites was upgraded to "buy" from "hold" at Jefferies, which also raised its price target on the stock by $10 to $50 per share. The stock took a 22 percent hit in April after Facebook announced it was a dating service, but Jefferies said its research indicates users of Tinder and Match's other services prefer not to commingle dating services and social media.

STOCK SYMBOL: MTCH

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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 Monday, June 11th, 2018! :)



Submitted June 11, 2018 at 10:04AM by bigbear0083 https://ift.tt/2LFIHAs

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