is trading.....maybe!!
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no data today
futures -27
good morning
Earnings Preview for the week of February 10 - 14
Monday:
Pre Market - CNA, HAS, MCY, NSP, SOHU, BWP, CYOU, L
After Hours - OMI, MAS, MOH, MKL, PXD, AMKR, RBC, KS, NUAN, WCN, RAX
Tuesday:
Pre Market - CVS, OMC, PCG, MMC, IR, HNT, HUN, HSIC, ETR, DF, RAI, MOS, ZTS, LPLA, ICE, REGN, GTS
After Hours - DVA, ANDE, WU, PKG, FOSL, PL, WSH, ACGL, SCI, PHH, TWTC, CRL, FEYE,
Wednesday:
Pre Market - DE, RCI, TRI, WCG, VOYA, TLM, DPS, SPW, LO, OC, ANR, HSP, VAL
After Hours - MET, CSCO, INT, MDLZ, CTL, WFM, CBS, AMAT, FNF, NTAP, BGC, NSIT, NVDA, KGC, SPWR,
Thursday:
Pre Market - PEP, BG, MFC, ABB, GT, LYG, CVE, PAG, APA, ABX, AVP, CDW, TCK, JAH, NGLS, BWA, CPN, NLSN, BWA, CPN, NLSN, DISCA, HOT, ECA, MPEL, SHPG, GG, SON, CAB, FAF, TAP, Q
After Hours - IM, AIG, KRFT, A, CLF, USTR, RGC, BRCD, ALSN, WTW
Friday:
Pre Market - ENB, BAM, TRW, VFC, DTE, CPB, IPG, SJM, COTY, LPNT, H, VTR
TRADER RADAR FOR WEEK OF 2/10 - 2/14 ECONOMIC AND EARNINGS
Monday, February 10
US Economics (Time Zone: EST)
No major reports scheduled
11:00 Fed to purchase $2.25b-$2.75b bonds in 7- to 10-year range
11:30 Treasury selling $42b 3-month, $42b 6-month bills, $50b cash management bills
Global Economics (Time Zone: GMT)
JPY Bank Lending
JPY Current Account Balance
CNY New Yuan Loans
05:00 JPY Consumer Confidence
09:30 EUR Eurozone Sentix Investor Confidence
13:15 CAD Housing Starts
Earnings
Before:
Hasbro (HAS)
After:
Masco (MAS)
Nuance (NUAN)
Pioneer Natural Resources (PXD)
Rackspace (RAX)
Tuesday, February 11
US Economics (Time Zone: EST)
07:30 NFIB Small Business Optimism – expected 93.3, prior 93.9
10:00 JOLTS Job Openings – prior 4001
10:00 Wholesale Inventories MoM (Dec) – exp 0.5%, prior 0.5%
11:30 Treasury selling 4-week bills
1:00 Treasury selling $30b 30-year notes
Fedspeak
9:00am Plosser (hawk, voter) speaks in Delaware
10:00am Yellen (dove, chair) testifies to House Financial Services Committee
8:00pm Lacker (moderate, nonvoter) speaks at Stanford
8:10pm Fisher (hawk, voter) speaks in Dallas
Global Economics (Time Zone: GMT)
00:30 AUD Home Loans
00:30 AUD NAB Business Confidence
Earnings
Before:
CVS Caremark (CVS)
Regeneron Pharma (REGN)
Dean Foods (DF)
Mosaic (MOS)
Sprint (S)
After:
Fossil (FOSL)
FireEye (FEYE)
IntercontinentalExchange Group (ICE)
Wednesday, February 12
US Economics (Time Zone: EST)
07:00 MBA Mortgage Applications
2:00 Treasury Monthly Budget Statement – expected -$28.5B
11:00 Fed buying $1b-$1.25b bonds in 23 to 30-year range
1:00 Treasury selling $24b 10-year notes
Fedspeak
8:45am Bullard (moderate, nonvoter) speaks in New York
Global Economics (Time Zone: GMT)
JPY Machine Orders
CNY Trade Balance
08:15 CHF CPI
10:00 EUR Eurozone Industrial Production
10;30 GBP BoE Inflation Report
15:30 ECB's Draghi speaks in Brussels
Earnings
Before:
Deere (DE)
Alpha Natural Resources (ANR)
Incyte (INCY)
After:
Sunpower (SPWR)
CBS (CBS)
NVIDIA (NVDA)
Cisco (CSCO)
Zillow (Z)
Whole Foods (WFM)
MetLife (MET)
NetApp (NTAP)
Fidelity Financial (FNF)
Applied Materials (AMAT)
Angie's List (ANGI)
Thursday, February 13
US Economics (Time Zone: EST)
08:30 Advance Retail Sales MoM (Jan) – expected 0.0%, prior 0.2%
08:30 Retail Sales Ex Auto – exp 0.1%, prior 0.7%
08:30 Retail Sales Ex Auto & Gas – exp 0.1%, prior 0.6%
08:30 Initial Jobless Claims – exp 330K, prior 331K
08:30 Continuing Claims – exp 2975K, prior 2964K
10:00 Business Inventories – exp 0.4%, prior 0.4%
1:00 Treasury selling $16b 30-year bonds
Fedspeak
10:30am Yellen (dove, chair) testifies to Senate Banking Committee
Global Economics (Time Zone: GMT)
00:30 AUD Employment Change
07:00 EUR German CPI
09:00 EUR ECB Publishes Monthly Report
13:30 CAD New Home Price Index
Earnings
Before:
Avon Products (AVP)
Starwood Hotels & Resorts (HOT)
Bunge (BG)
Generac Holdings (GNRC)
Burger King (BKW)
Pepsi (PEP)
Apache (APA)
After:
Kraft (KRFT)
Agilent (A)
Cliffs Natural Resources (CLF)
Avis Budget (CAR)
WhiteWave Foods (WWAV)
Friday, February 14
US Economics (Time Zone: EST)
08:30 Import Price Index YoY – expected -1.3%, prior -1.3%
09:15 Industrial Production (Jan) MoM – exp 0.3%, prior 0.3%
09:15 Capacity Utilization – exp 79.3%, prior 79.2%
09:55 University of Michigan Consumer Confidence (Feb preliminary) – exp 80.5, prior 81.2
11:00 Fed buying $1b-$1.25b bonds in 4 to 5-year range
Global Economics (Time Zone: GMT)
JPY Japanese Investors Purchases of Foreign Bonds/Stocks
CNY FDI
01:30 CNY CPI & PPI
06:30 EUR French GDP (4Q preliminary)
07:00 EUR German GDP (4Q preliminary)
09:00 EUR Italian GDP (4Q preliminary)
10:00 EUR Eurozone GDP (4Q advance)
Earnings
Before:
Campbell Soup (CPB)
Read more: http://www.minyanville.com/business-news/markets/articles/Trading-Radar-Upcoming-Retail-Sales-Data/2/7/2014/id/53692#ixzz2sfoUoQMU
good afternoon
Rodeo and stockshow was great btw.....those cows have better hair then I do!!!!!!
shampoo, brushing, blow drying, hairspray.....
DJIA +165.55 doh!
Frontrunning:
Frontrunning: February 7
Tyler Durden's pictureSubmitted by Tyler Durden on 02/07/2014 07:34 -0500
Anglo Irish Apple Australia Barclays Boeing Carlyle China Cohen Consumer Credit Crude Crude Oil Demographics European Central Bank European Union General Motors Goldman Sachs goldman sachs GOOG Google Illinois Insider Trading JPMorgan Chase Market Manipulation Middle East Motorola National Debt New York State News Corp Norway Private Equity recovery Reuters SAC Spirit Aerosystems SPY Twitter Twitter Unemployment United Kingdom Wells Fargo White House Yen
inShare
Here is why AAPL bounced off $500: Apple Repurchases $14 Billion of Own Shares in Two Weeks (WSJ)
German Court Refers OMT Decision to Europe's Top Court (WSJ)
Inflation Fuels Crises in Two Latin Nations (WSJ)
U.S. job growth seen snapping back from winter chill (Reuters)
Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange (Reuters)
Frigid Winter Spells Trouble for U.S. Economy (BBG)
Winter Games to open, Putin keen to prove doubters wrong (Reuters)
Regulators Ready to Proceed on Bank Leverage Limit (WSJ)
Abe Eyes Window for Biggest Military-Rule Change Since WWII (BBG)
Fidelity Joins D.E. Shaw Opposing Wider Ticks as Small-Cap Fix (BBG)
Stellar 2013 Hard to Top for U.K. Builders After 60% Surge (BBG)
Hidden Billionaire Daughters Emerge From Simmons Estate (BBG)
Overnight Media Digest
WSJ
* Apple Inc has bought back $14 billion of its shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook said in an interview.
* Sony Corp moved to deal with its two most troubled electronics units, saying it will eliminate 5,000 jobs in the company's television and personal computer businesses while splitting off its TV division into a separate subsidiary.
* High-frequency traders have been paying to get direct access to market-moving news releases, a practice that can give firms the ability to trade fractions of a second ahead of less fleet-footed investors.
* Investors swapped out of U.S. equity funds and into bonds at the fastest clip on record last week, according to Lipper Inc, as they grasped for safety while the stock market swooned.
* The Pentagon has dropped a plan to retire one of its nuclear-powered aircraft carriers, USS George Washington, after the White House intervened to head off a brewing political fight.
* House Speaker John Boehner squashed growing expectations that Congress would rewrite immigration laws this year-dealing a setback to the White House, a group of U.S. businesses and a bloc of fellow Republicans seeking to improve their party's chances with Hispanic voters.
* Greenbrier Co Inc, the nation's second-largest maker of railcars, said the industry needs to move faster to make tank cars more crash-resistant, and will begin offering to retrofit older tanker cars that carry potentially explosive crude oil.
* Expedia Inc posted a bigger-than-expected jump in fourth-quarter revenue as the online travel agent reported growth in bookings, as well as early success in its partnership with Travelocity.
* Twitter Inc shares fell 24 percent Thursday, erasing about $8.7 billion in market value, on concerns about the messaging services' sluggish user growth.
* The hackers that carried out the massive data breach at Target Corp appear to have gained access via a refrigeration contractor in Pittsburgh that connected to the retailer's systems to do electronic billing.
* LinkedIn Corp reported solid growth in its core business selling to corporate recruiters, but disappointed investors by projecting revenue lower than analysts' expectations for the current quarter. The company's shares fell 8% in after-hours trading.
* General Motors Co reported a 13 percent decline in its fourth-quarter profit as strength in North America and China failed to offset declines elsewhere, with currency problems and costs related to plant closings eroding profitability.
* Spirit AeroSystems Holdings Inc on Thursday booked a raft of new charges against work on its commercial and business aircraft that analysts said raised concerns about the ability of jet maker Boeing Co to maintain momentum in reducing costs on its flagship 787 program.
* Aetna Inc said it expects to lose money on its business in the health-law marketplaces this year, with the demographics of enrollees skewing slightly more than expected toward people likely to rack up higher costs.
* International Business Machines Corp is exploring the sale of its semiconductor manufacturing operations, said a person familiar with the matter.
* The Swedish company behind the Truecaller phone-number identification app has attracted a large equity injection from Silicon Valley investor Sequoia Capital in a funding round that values the still-unprofitable company at $80 million.
* Alcatel-Lucent SA swung to a fourth-quarter profit and said it is in exclusive talks to sell a majority stake in its office-phone business to a Chinese state-owned investment company.
* Some foreign airlines are restricting ticket sales in Venezuela because of worries that the government's currency moves last month could reduce the value of the billions of dollars they hold in the country by as much as 45 percent.
* 21st Century Fox lowered profit guidance for its fiscal year ending in June as higher expenses related to TV channel launches, the weaker performance of singing-competition show "X Factor" and poor results at its film unit took a toll on earnings in the December quarter.
* Activision Blizzard Inc shares surged on Thursday on better-than-expected earnings and a turnaround in subscribers for one of its most important videogames, "Warcraft."
* News Corp's revenue fell 4 percent in its fiscal second quarter as a drop in advertising and subscription revenue at the news and information business offset growth at its other businesses.
* BHP Billiton Ltd and Mitsubishi Corp will cut around 230 jobs from a mine in Australia's Queensland state, highlighting the challenges facing coal producers here as prices stagnate near multiyear lows.
* Harsh weather chilled sales for many retailers in January, when stores were trying to clear excess inventory following the holidays. Gap Inc, L Brands Inc and Costco Wholesale Corp managed to buck the negative trend, buoying the overall result.
* AOL Inc's chief executive angered employees Thursday when he said that care for two staffers' "distressed babies" in 2012 cost the company about $1 million each, expenses that helped drive up AOL's overall benefits costs and forced management to make difficult decisions.
* A continuing spill of coal ash into the Dan river from a man-made pond adjacent to a power plant in North Carolina is renewing questions about the safety of the hundreds of U.S. sites storing the byproduct of energy generation.
FT
IBM, the world's biggest technology service provider, is considering the sale of its semiconductor unit, and has appointed Goldman Sachs to sound out possible buyers for the business, according to people familiar with the matter.
A federal jury in New York found Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital hedge fund, guilty on all counts of being part of the largest insider trading case on record.
Barclays has made junior trader Daniel Ryan the interim head of its London spot foreign exchange desk, a post left open after the suspension of Chris Ashton last November amid a global probe into alleged market manipulation, two people close to the situation said.
Alcatel-Lucent has received an offer from China Huaxin that will see the telecoms equipment maker selling 85 percent of its enterprise business, taking Alcatel closer to meeting its targeted 1 billion euro ($1.36 billion) asset-disposal programme.
Silicon Valley-based professional social network LinkedIn disappointed investors after giving a subdued outlook for 2014 that fell short of Wall Street's expectations.
NYT
* A federal jury has convicted Mathew Martoma for insider trading in what may be the last criminal case to emerge from a decade-long investigation of Steven Cohen and his hedge fund, SAC Capital Advisors.
* American labor groups, airlines and pilots say Norwegian Air Shuttle ASA's expansion plans, which include bringing its pared-down model to the United States and Asia, take unfair advantage of a U.S.-Europe open-skies agreement even though Norway is not a member of the European Union.
* As of Friday, the Treasury will no longer have the authority to issue bonds as necessary to pay the government's bills. In a matter of weeks, the government could run out of cash and begin defaulting on some payments unless Congress acts to raise the official ceiling on the national debt. And once again, Congress is struggling to avoid a potential fiscal and economic train wreck.
* The Senate failed to move forward on a three-month extension of assistance for the long-term unemployed on Thursday, leaving it unlikely that Congress would approve the measure soon while undercutting a key aspect of President Obama's economic recovery plan.
* After failing to turn around two of its most troubled consumer electronics businesses, Sony Corp is pushing them aside. The company, which predicted on Thursday that it would lose 110 billion yen ($1.1 billion) in its current fiscal year, said it would sell its unprofitable personal computer unit, split its television division into a separate subsidiary and cut 5,000 jobs from the two businesses.
* General Motors Co on Thursday reported its 16th consecutive profitable quarter, but consistent losses in its troubled European division continued to hurt its results.
* European Central Bank on Thursday kept the benchmark interest rate unchanged for a third straight month, at a record low of 0.25 percent amid the threat of deflation in the euro zone and the region's unemployment remaining stubbornly high.
* The owner and two executives of the WJB Capital Group were arrested on Thursday and charged with defrauding at least 15 investors out of more than $11 million during the waning days of their now-defunct brokerage company.
* Illinois Tool Works Inc has agreed to sell its industrial packaging unit to the Carlyle Group LP for $3.2 billion, the companies announced on Thursday. The sale of the Illinois Packaging Group signals the end of a process that began last September, when Illinois Tools Works decided to shed the unit and focus on its core businesses.
* After Coca-Cola Co announced its investment in Green Mountain Coffee Roasters on Wednesday, many investors assumed SodaStream International Ltd would suffer, but instead its stock jumped as much as 12 percent on Thursday. Behind Coke's $1.25 billion investment in Green Mountain is a hedge against the continuing stagnation of the traditional soft-drink business and the rise of the make-your-own-soda sector, led by SodaStream.
* A New York State regulator has dealt a blow to Ocwen Financial Group by halting the transfer of about $39 billion in servicing rights to the company from Wells Fargo & Co .
* The Mercuria Energy Group, a fast-growing energy and commodities trading company, is in exclusive talks to acquire the physical commodities business of JPMorgan Chase & Co , according to a person familiar with the discussions.
Canada
THE GLOBE AND MAIL
* Canada is overhauling its citizenship laws, raising the bar for people to apply to become Canadian and increasing penalties for those who scam the system.
* A coalition of journalists is urging Canada's government to step up pressure on Egyptian officials to release three journalists, including a Canadian, who have been jailed in Egypt for more than a month.
Reports in the business section:
* Baytex Energy Corp has ended a long drought of big acquisitions by Canadian oil companies, launching a $1.8-billion bid for an Australian-based firm to give it a position in a Texas shale oil formation that is key to surging U.S. crude output.
NATIONAL POST
* A former member of the Canadian Forces has been arrested at Canadian Forces Base Wainwright in Denwood, Alberta, after allegedly posting a threat on a social media site. Military officials say the man in his 40s had a loaded 9mm Beretta in his possession when he was taken into custody on Wednesday.
* Canada's Industry Minister James Moore is expected to flesh out details of Canada's new space plan on Friday, which could eventually see Canadian hardware and possibly even a Canadian bound for the moon.
FINANCIAL POST
* Typo Products said BlackBerry is trying to hold a monopoly over smartphone keyboards, and that it shouldn't have to take its new iPhone case off the market. The company, co-founded by "American Idol" host Ryan Seacrest, has filed documents in a California court defending itself against a patent infringement lawsuit.
* Civil liberties activists in British Columbia have filed complaints against Canada's spy agency and the Royal Canadian Mounted Police for allegedly snooping on opponents of the Northern Gateway pipeline. The BC Civil Liberties Association alleges the spying activities include illegal searches of private information, and says some of the details were shared with oil and energy companies and the National Energy Board.
Britain
The Telegraph
ALLIANCE BOOTS FUND MAKES FIRST ACQUISITION
A private equity group launched last year by retail giant Alliance Boots has made its first acquisition, buying a luxury aromatherapy company based in Middlesex.
ANGLO IRISH CHIEFS 'FIXED WEB OF LOANS TO PROP UP BANK'
Anglo Irish Bank executives hunted for investors across Europe, the Middle East and the U.S. in the months before its collapse in an effort to fund a doomed attempt to prop up its share price.
NEWS CORP RESULTS HIT BY FALLING AD REVENUE
News Corp said revenue at its news and information services unit fell 9 percent to $1.6 billion on soft advertising and subscription sales, especially in Australia.
The Guardian
BARCLAYS PREDICTED TO PAY MORE IN BONUSES THAN LAST YEAR
Barclays will begin to hand out bonuses on Friday to its 140,000 staff around the world from a bonus pool expected to be bigger than last year's.
BOMBARDIER UK WINS 1 BLN STG CROSSRAIL CONTRACT
Bombardier UK has fought off competition from foreign bidders to win the 1 billion pound ($1.63 billion) contract to build trains for London's Crossrail project.
The Times
PROPERTY BOOM TO PUSH SPENDING BY BRITONS 'PAST 1 TLN STG'
Consumers will be opening their wallets this year at the fastest pace in more than a decade and push household spending above 1 trillion pounds for the first time, a leading think-tank has forecast.
SUPERGROUP WINS SUPPORT FOR NEW LOOK
The resolution of SuperGroup's founder to avoid selling stock on eBay has been rewarded with an increase in sales and margins.
The Independent
ASTRAZENECA HIT BY PATENT EXPIRIES AS SALES SLUMP
Drugmaker AstraZeneca has showed it is still languishing in intensive care after patent expiries triggered an 8 percent fall in revenue to $25.71 billion.
RYANAIR BOSS MICHAEL O'LEARY: 'UK AIRPORTS NEED MORE RUNWAYS'
Ryanair boss Michael O'Leary expects three more runways to be built at Heathrow, Gatwick and Stansted and says locals should not be able to block plans because they "chose to be a resident under a flight path".
BSKYB CHIEF JEREMY DARROCH JOINS BURBERRY BOARD
Luxury brand Burberry has bolstered its boards' media credentials with the appointment of British Sky Broadcasting Chief Executive Jeremy Darroch.
Fly On The Wall 7:00 AM Market Snapshot
ECONOMIC REPORTSI
Domestic economic reports scheduled for today include:
Non-farm payrolls for January will be reported at 8:30--consensus 181,000
Unemployment rate for January will be reported at 8:30--consensus 6.7%
Consumer credit for December will be reported at 3:00 pm--consensus $12.0B
ANALYST RESEARCH
Upgrades
Alpha Natural (ANR) upgraded to Neutral from Sell at Citigroup
American Capital Mortgage (MTGE) upgraded to Buy from Hold at Wunderlich
C.H. Robinson (CHRW) upgraded to Hold from Sell at Stifel
Cummins (CMI) upgraded to Outperform from Market Perform at Wells Fargo
DineEquity (DIN) upgraded to Buy from Hold at KeyBanc
Education Management (EDMC) upgraded to Market Perform at BMO Capital
Kellogg (K) upgraded to Neutral from Underweight at JPMorgan
Lennox (LII) upgraded to Equal Weight from Underweight at Morgan Stanley
lululemon (LULU) upgraded to Outperform from Sector Perform at RBC Capital
MWI Veterinary Supply (MWIV) upgraded to Overweight from Neutral at Piper Jaffray
Magellan Midstream (MMP) upgraded to Outperform from Market Perform at Wells Fargo
Myriad Genetics (MYGN) upgraded to Neutral from Underperform at Credit Suisse
Netflix (NFLX) upgraded to Buy from Hold at Stifel
Noble Energy (NBL) upgraded to Buy from Neutral at Mizuho
Sagent Pharmaceuticals (SGNT) upgraded to Buy from Neutral at BofA/Merrill
Sony (SNE) upgraded to Buy from Hold at Jefferies
Starbucks (SBUX) upgraded to Outperform from Market Perform at Wells Fargo
Towers Watson (TW) upgraded to Overweight from Neutral at JPMorgan
WEX Inc. (WEX) upgraded to Neutral from Underweight at JPMorgan
XPO Logistics (XPO) upgraded to Buy from Hold at Stifel
Downgrades
AOL (AOL) downgraded to Neutral from Buy at BofA/Merrill
Echelon (ELON) downgraded to Hold from Buy at Needham
Fairway Group (FWM) downgraded to Hold from Buy at BB&T
Fairway Group (FWM) downgraded to Market Perform from Outperform at BMO Capital
Fairway Group (FWM) downgraded to Neutral from Buy at Guggenheim
Fairway Group (FWM) downgraded to Perform from Outperform at Oppenheimer
Fairway Group (FWM) downgraded to Underperform from Neutral at Credit Suisse
Fluidigm (FLDM) downgraded to Market Perform from Outperform at Cowen
Genomic Health (GHDX) downgraded to Neutral from Outperform at Credit Suisse
Genpact (G) downgraded to Market Perform from Outperform at Wells Fargo
Genpact (G) downgraded to Neutral from Overweight at JPMorgan
iRobot (IRBT) downgraded to Underweight from Neutral at JPMorgan
Lowe's (LOW) downgraded to Neutral from Buy at Goldman
Maximus (MMS) downgraded to Neutral from Buy at Citigroup
PMFG, Inc. (PMFG) downgraded to Hold from Buy at Stifel
Spirit AeroSystems (SPR) downgraded to Hold from Buy at KeyBanc
VeriSign (VRSN) downgraded to Sell from Neutral at Citigroup
Initiations
Rackspace (RAX) initiated with an Outperform at Credit Suisse
Red Hat (RHT) initiated with an Outperform at Credit Suisse
SunCoke Energy Partners (SXCP) initiated with a Buy at Brean Capital
HOT STOCKS
Illinois Tool Works (ITW) sold industrial packaging unit to Carlyle Group (CG) for $3.2B
Baytex Energy (BTE) to acquire Aurora Oil & Gas for C$2.6B
LinkedIn (LNKD) acquired Bright for $120M
Shire (SHPG) reported Vyvanse studies did not meet primary efficacy endpoint
Activision Blizzard (ATVI) CEO Kotick: We have strongest pipeline of games in our history; board authorized debt repayment of $375M
American Apparel (APP) reported January SSS down 5%
EARNINGS
Companies that beat consensus earnings expectations last night and today include:
Globe Specialty Metals (GSM), FMC Technologies (FTI), Brooks Automation (BRKS), OpenTable (OPEN), Bally Technologies (BYI), Kemper (KMPR), Outerwall (OUTR), NCR Corp. (NCR), athenahealth (ATHN), Tempur Sealy (TPX), VeriSign (VRSN), bebe stores (BEBE), News Corp. (NWSA), Netgear (NTGR), Activision Blizzard (ATVI), LinkedIn (LNKD), Expedia (EXPE), Lionsgate (LGF)
Companies that missed consensus earnings expectations include:
Cigna (CI), Snyder's-Lance (LNCE), Post Holdings (POST), Bristow Group (BRS), MaxLinear (MXL), Fairway Group (FWM), Imperva (IMPV), Hittite Microwave (HITT), Echo Global (ECHO)
Companies that matched consensus earnings expectations include:
ACETO (ACET), Intermolecular (IMI), ServiceSource (SREV), Genpact (G), Fluidigm (FLDM)
NEWSPAPERS/WEBSITES
IBM (IBM) explores semiconductor manufacturing operations sale, WSJ reports
Apple (AAPL) repurchases $14B of stock after earnings, WSJ reports
Google (GOOG) to hold 5.94% Lenovo (LNVGY) stake after Motorola deal closes, Reuters reports
British Airways (BAIRY) considers replacing Boeing (BA) 747s with 777X, Bloomberg reports
Maryland bill would bar energy drink sales (MNST) to minors, CNBC reports
Oaktree Capital (OAK) to sell Osmose in a deal valued near $900M, Reuters reports
AOL (AOL) CEO upsets employees with 'distressed babies' comment, WSJ reports
News Corp. (NWSA) promises 'fundamental review' of Dow Jones, FT reports
SYNDICATE
Argos Therapeutics (ARGS) 5.63M share IPO priced at $8.00
Athlon Energy (ATHL) 14M share Secondary priced at $32.00
GeoPark (GPRK) 13.5M share IPO priced at $7.00
Tecogen (TGEN) files to sell 2.03M shares of common stock for holders
employment data:
Highlights
The employment situation disappointed again on the payroll side. Total payroll jobs in January rose 113,000, following a revised increase of 75,000 for December and after a revised rise of 274,000 for November. Expectations were for a 181,000 boost. The net revisions for November and December were up 34,000. Private payrolls advanced 142,000 after rising 89,000 in December. The consensus called for a 182,000 gain in January.
The unemployment rate slipped to 6.6 percent from 6.7 percent in December. The labor force actually rebounded a sharp 523,000 in January after dropping 347,000 the month before. Household employment spiked 638,000, following a 143,000 rise in December.
Turning back to the payroll portion of the report, goods-producing jobs rebounded 76,000 after dipping 13,000 in December. Construction jobs gained 48,000 in January after decreasing 22,000 the month before. Manufacturing advanced 21,000, following a rise of 8,000 in December.
Private service-providing jobs increased a slower 66,000 in January, following a 102,000 increase in December. Retail trade jobs fell 13,000 after a 63,000 boost in December. On the positive side, professional & business services gained 36,000 after a 4,000 rise in December.
Government jobs fell 29,000 in January after declining 14,000 the month before.
Wage growth posted at 0.2 percent, following no change in December. Analysts projected a 0.2 percent gain. The average workweek was unchanged at 34.4 hours, matching expectations.
Overall, the employment report points to a soft first quarter. However, there is some uncertainty over how much weather weighed on job growth.
one of my favs! sure wish I'd had some!!!
but I would have taken them out for the rodeo around that time anyway....and we will try to go...
good morning....school delayed until 10 a.m.
LNKD fr 212's to 202's
LNKD ~ Social networker and enterprise software vendor LinkedIn (LNKD) this afternoon reported Q4 revenue and earnings per share that topped consensus expectations, but missed with its Q1 and year forecast.
Revenue in the three months ended in December rose to $447.2 million, yielding EPS of 39 cents.
Analysts had, on average, been modeling $438 million and 38 cents per share.
For the current quarter, the company sees revenue in a range of $455 million to $460 million, below the average $471 million.
For the full year, the company sees revenue in a range of $2.02 billion to $2.05 billion, below the average $2.17 billion estimate.
sdh ?@sdh_ihub now
$WUBA ~ more new hods....just going nutzo....+$4.52 +14.18%
it just keeps snowing.....several inches now....
gonna go get the girls early so I don't have to deal w/all the drivers at regular school release....
so pretty out there....
no trades for me this week.....still on 'so-called' vacation!
$SODA ~ SodaStream pops on Pepsi takeover talk
http://money.cnn.com/2014/02/06/investing/sodastream-pepsi/index.html?source=yahoo_quote#!quote?symb=Sodastream
$DGAZ ~ +12% +.42.....
Fr today's report:
Highlights
Natural gas in storage fell 262 billion cubic feet in the January 31 week to 1,923 bcf. A withdrawal of 275 bcf was expected.
$SODA ~ had I doubled down....I could be out....but what fun would that be?
alot!
$SODA ~ so thrilled w/this....yesterday a/h down -11%...today got that back and +11%
DJIA +154
snow snow snow snow everywhere! and it's beautiful!!!
soft and fluffy....not that ice chit we usually get....
same here! omg! just got back from grocery shopping.....took forever!!!!
saw a few wrecks and a lady took out the traffic light at one intersection....
we have tickets for tomorrow's show....not sure about driving to it!!!
of all the dates.....I pick the one where it snows!
Frontrunning:
Draghi as ECB Master of Suspense Keeps Investors on Edge (BBG)
Abe lays out detailed plan for expanding defense powers (Nikkei)
Inflation Fuels Crises in Two Latin Nations (WSJ)
Obama walks into crossfire of Asian tensions (FT)
Harvard Makes Professor Disclose More After Blinkx Slides (BBG)
Hedge Funds Rework Currency Positions in Market Drop (BBG)
Canada, U.S. Strike Tax-Information Sharing Deal (WSJ)
Indonesia calls for greater clarity from Fed on tapering (FT)
Sony to cut 5,000 jobs, split off PC, TV operations (Reuters)
US shale under fire over thirst for water (FT)
Carney must avoid another unforced error (FT)
Australia’s Exports to China Still Firing (WSJ)
Carney Seeks to Maintain Low-Rate Outlook as U.K. Economy Gains (BBG)
Overnight Media Digest
WSJ
* The Obama administration will narrow its controversial drone program in Pakistan to target a short list of high-level terrorists, and aim to end it during the prime minister's current term, senior U.S. officials have told their Pakistani counterparts.
* Insurers are facing pressure from regulators and lawmakers about plans that offer limited choices of doctors and hospitals: a tactic the industry said is vital to keep down coverage prices in the new health law's marketplaces.
* CVS Caremark Corp, United States' second-largest pharmacy chain, would stop selling all cigarettes and tobacco products nationwide by October, saying they have no place in a drugstore company that is trying to become more of a health-care provider.
* Apple Inc is facing a claim for about $2 billion in damages from a German patent-holding company, IPCom GmbH, that alleges the U.S. technology giant infringed on a cellphone technology it owns, a German court said Wednesday.
* Twitter Inc's fourth-quarter revenue surged, but so did concerns about the site's ability to grow and engage users. Costs continued to rise faster than revenue, and shares fell after hours.
* Google Inc under a tentative deal with European Commission regulators agreed to tweak the way it presents search results in Europe to address concerns that it is abusing its dominance in online search to favor its own services at the expense of rivals.
* Relations between Bill Gates and Steve Ballmer were strained at times as they worked with the board to find the third CEO in Microsoft Corp's history. The six-month search started with 100 candidates.
* Pandora Media Inc provided guidance for the first quarter and 2014 that missed Wall Street's consensus views, though the Internet-radio service continued to report strong revenue growth in its fourth quarter.
* More than one in six men aged 25 years to 54 years don't have jobs. It is partly a symptom of a U.S. economy slow to recover from the worst recession in 75 years and also a chronic condition that shows how technology and globalization are transforming jobs faster than many workers can adapt.
* Work to expand the Panama Canal has virtually halted, and the group in charge of construction said the project is on the "brink of failure" after talks to resolve $1.6 billion in cost overruns broke down.
* Union Pacific and BNSF Railway allege inadequate repair work led to several derailments in cases that raise questions about whether repair shops or railroads are responsible for equipment safety.
* Government investigators looking into the cyber attacks on Neiman Marcus Group LLC and Target Corp believe the malicious software used in the heists was specifically tailored to exploit vulnerabilities in each retailer's checkout systems.
* Time Warner Inc broke out financial results for HBO for the first time on Wednesday, showing that the premium cable channel is generating far bigger profits than emerging rival Netflix Inc but HBO's revenue is growing at a much slower pace.
* Ralph Lauren Corp reported a 9.7 percent climb in its third-quarter profit. The company whose upscale brands include Polo and Club Monaco has continued to post stronger sales in recent quarters as consumers in the luxury sector have proved to be more resilient after the recession.
* The ranks of U.S. public companies grew last year for the first time since the go-go days of the Internet boom, getting a long-awaited boost from an expanding economy and renewed investor interest in U.S. stocks.
* The arrest of bitcoin advocate Charles Shrem is a blow to a currency that has been red-hot with users and some investors. But "2014 will be like the Industrial Revolution for bitcoin," he says.
* More lenders are introducing fees on checking accounts, just as consumers and business are pouring record amounts into the most basic of banking services.
* Merck & Co unveiled an unusual plan to collaborate with three rivals, Pfizer Inc, Amgen Inc and Incyte Corp to study how Merck's immunotherapy cancer drug performs in combination with other treatments.
* GlaxoSmithKline PLC managed to increase sales marginally last year despite problems in China, reversing two years of falling revenue for the U.K.'s largest drug maker.
* The National Labor Relations Board on Wednesday revived a sweeping proposal to streamline and speed union-organizing elections at companies, positioning the agency for a fight with business groups, which stymied the original 2011 measure in court on a technicality.
* Circassia, a company specializing in treating cat, grass and dust-mite allergies is planning to float an offering on the London Stock Exchange, a move that people familiar with the situation said is aimed at raising 175 million pounds ($285 million), which would rank as one of the biggest U.K. biotech listings ever.
* Akamai Technologies Inc, whose fourth-quarter earnings rose 18 percent, benefited from increasing demand for content over the Internet with its network of servers and other equipment to expedite content delivery.
* Yelp Inc said its fourth-quarter loss narrowed as revenue soared as the Internet company continued to attract more visitors and added local business accounts.
FT
Ben Lawsky, New York's superintendent of financial services, has demanded documents from more than a dozen banks related to foreign exchange trading, as a global probe into possible market manipulation widens.
The banks include Deutsche Bank, Goldman Sachs , Lloyds, Royal Bank of Scotland, and Standard Chartered, one person familiar with the matter said.
Google's three-year antitrust probe is set to end in settlement after it reached a deal with the European Union, agreeing to make concessions on how it displays competitors' links on its website.
Twitter's shares fell as much as 18 percent after the micro-blogging website reported slowing growth in new users and falling engagement, even though its revenue and net loss of $512 million for 2013 were better than expected.
British luxury sports carmaker Aston Martin is recalling nearly 18,000 cars - 75 percent of the cars it built since 2008 - after learning a Chinese sub-supplier had used counterfeit materials in its cars' accelerator pedals.
Disney's first-quarter net income rose by a third to $1.84 billion as the box office hits 'Frozen' and 'Thor: The Dark World' lifted the media group's earnings beyond analysts' forecasts.
NYT
* CVS Caremark Corp, United States' largest drugstore chain, announced on Wednesday that it planned to stop selling cigarettes and other tobacco products by October.
* Despite the diminished state of late-night television and technology that has altered viewing habits, the "Tonight" show remains one of the signature franchises of broadcasting and still carries unusual resonance with Jay Leno exiting the stage for the last time on Thursday, making way for Jimmy Fallon.
* The American International Group is continuing its quest to upend an $8.5 billion settlement between Bank of America and a group of mortgage securities investors.
* After years in philanthropy, many wonder how Bill Gates, a luminary of the tech world, will choose to position Microsoft Corp going forward. The last time Bill Gates played an active role at Microsoft, as chief software architect, he witnessed the company muffing its earliest efforts to become a major player in search, smartphones and tablet computers.
* Apple Inc has taken down one of the last remaining iPhone mobile applications that allowed users to buy and sell Bitcoin. The app, named BlockChain, had been downloaded 120,000 times, and was commonly used as a way to hold and spend Bitcoins.
* Google Inc has agreed to a settlement with European competition regulators that leaves the company with a few bruises, yet victorious over all, and would end half a decade of wrangles with antitrust authorities across the globe.
* Twitter has finally acknowledged what any newcomer could have told the company within five minutes of signing up: The messaging service is too hard to use. Discussing the company's fourth-quarter results in a call with analysts, Chief Executive Dick Costolo said that he was working on improving its web software and mobile apps to make it easier for new users to sign up and current ones to find the most relevant information on topics they care about.
* The makers of the blood-thinning drug Pradaxa were so worried that an internal research paper would damage drug sales that some employees not only pressured the author to revise it, but suggested it should be quashed altogether, according to newly unsealed legal documents.
* The Coca-Cola Co agreed on Wednesday to buy a 10 percent stake in Green Mountain Coffee Roasters, as it seeks to cement ties with the fast-growing coffee company.
* Anheuser-Busch InBev, United States' largest brewer, has agreed to buy the Blue Point Brewing Co in a move that could help it capitalize on the popularity of craft beer.
* Investigators say they believe they have identified the entry point through which hackers got into Target Corp's systems, zeroing in on the remote access granted through the retailer's computerized heating and cooling software, according to two people briefed on the inquiry.
* Lazard Ltd said on Wednesday that its profits rose 35 percent in the fourth quarter, as it benefited from improvements in its advisory and asset management businesses.
* Whether or not Mario Draghi and his European Central Bank colleagues plan to do anything about it at the monthly meeting Thursday, many economists are sounding the alarm. It is time, they say, to act defensively against the danger of deflation.
* Growth picked up in the service sector in January, with steady strength in private sector hiring, suggesting that the severe winter weather over the last several weeks had a limited effect on the economy.
* Investors' faith in Puerto Rico's debt appeared undaunted on Wednesday after Standard & Poor's cut the island's credit rating to junk a day earlier.
Canada
THE GLOBE AND MAIL
* Ottawa will start routinely sharing vast amounts of financial data about Americans living in Canada with U.S. tax authorities. Canada and the United States signed an agreement on Wednesday that paves the way for full implementation of a controversial U.S. crackdown on offshore tax evasion in 2015.
* Mayor Rob Ford will not attend World Pride in Toronto because he has not gone to a Pride parade yet and he is "not going to change the way I am," he said at the first mayoral debate of the 2014 campaign.
Reports in the business section:
* Ontario is seeking to vastly expand its proposed pension plan, aiming to create a new nationwide retirement savings system. The province announced plans to set up its own pension late last year, after Ottawa rebuffed an attempt to expand the Canada Pension Plan. Now, Ontario is asking the rest of the country to join it, which would effectively produce a second national pension plan, alongside CPP, albeit one controlled jointly by the provinces and territories.
NATIONAL POST
* The Supreme Court of Canada decision that struck down parts of Canada's prostitution laws, but suspended its judgment for a year to let Ottawa come up with a new legislative umbrella, has left the country with a myriad of approaches to prostitution. Several provinces, in fact, have not yet figured what their approach will be, leaving local authorities to figure it out as they go.
* Winter blasted Southern Ontario Wednesday, as two massive weather-related collisions, collectively involving almost 200 vehicles, crippled Highway 401 between Toronto and Cornwall.
FINANCIAL POST
* Canadian banks will soon begin collecting detailed citizenship and residency information about their clients, some of which will make its way through the Canada Revenue Agency to authorities in the United States as that country cracks down on tax cheats.
* Partners of law firm Heenan Blaikie LLP, a Canadian legal powerhouse which has for years been a favourite place for retired prime ministers, premiers and cabinet ministers to spend their post-political days, have decided to wind up the firm.
Britain
The Telegraph
GSK ADDS TEN NEW DRUGS TO LATE STAGE PIPELINE AS IT SEEKS TO MOVE ON FROM CHINA
GlaxoSmithKline has announced plans to launch late stage clinical trials on ten new drugs covering key areas including respiratory disease and cancer.
ASTON MARTIN RECALLS 17,590 CARS OVER ACCELERATOR PROBLEM
Aston Martin is recalling 17,590 sports cars due to a problem with the accelerator pedal. The manufacturer, the favoured brand of the James Bond film franchise, said that the fault risked the driver being unable to maintain or increase engine speed, increasing the risk of a crash.
UK TO GET FIRST DIRECT LINK TO COLOMBIA FOR A DECADE
Heathrow Airport will announce on Thursday a deal with Colombia's national airline that will give the UK its first direct connection to the Latin American country for a decade.
FRENCH CONNECTION ENJOYS BETTER THAN EXPECTED CHRISTMAS
The under-pressure fashion retailer French Connection says its losses over the last year will be lower than expected after a productive Christmas.
The Guardian
SCOTTISH INDEPENDENCE: CABLE SAYS RBS WOULD HAVE TO MOVE TO LONDON
Vince Cable has insisted it is "almost certain" that an independent Scotland would need its own currency and warned that Royal Bank of Scotland would move to London in the wake of a breakaway.
ANGLO IRISH BANK CHIEFS' LENDING PRACTICES 'ABSOLUTELY ILLEGAL', COURT TOLD
Former executives at the Anglo Irish Bank broke company law and carried out lending practices that were "absolutely illegal", a Dublin court heard on Wednesday.
The Times
ROYAL MAIL SEALS STAFF HARMONY WITH 9 PCT PAY DEAL
Postal workers have voted to accept a 9 percent pay rise over three years and a 200 pound ($330) Christmas bonus in a ground-breaking pay and conditions deal which indicates that both peace and goodwill has finally broken out at the Royal Mail .
OSBORNE'S AUSTERITY DRIVE COULD END IN 2015
Britain may be able to scrap austerity shortly after the 2015 election because the pace of the recovery alone could be enough to fix the public finances, according to analysis from one of the country's leading think tanks.
The Independent
STEPHEN HESTER COUP REDUCES 'CHANCES OF A TAKEOVER' AT RSA
The decision to appoint Stephen Hester as RSA Insurance boss has reduced the likelihood of a takeover of the troubled group and a fire sale of any its assets, analysts claimed today.
BP'S LEGAL BILL FOR THE GULF OIL SPILL DISASTER SOARS TO $1 BLN
The Gulf of Mexico oil spill has cost BP more than $1 billion in lawyers' fees, the company revealed yesterday, as it announced a further $150 million charge to cover its external legal expenses for the disaster.
Fly On The Wall 7:00 AM Market Snapshot
ECONOMIC REPORTS
Domestic economic reports scheduled for today include:
Jobless claims for week of Jan. 1 will be reported at 8:30--consensus 337K
Trade balance for December will be reported at 8:30--consensus $36B deficit
Q4 productivity will be reported at 8:30--consensus up 2.6%
Q4 unit labor costs will be reported at 8:30--consensus down 0.7%
ANALYST RESEARCH
Upgrades
Akamai (AKAM) upgraded to Neutral from Underperform at Credit Suisse
American Express (AXP) upgraded to Buy from Neutral at Janney Capital
Booz Allen (BAH) upgraded to Buy from Neutral at BofA/Merrill
Boyd Gaming (BYD) upgraded to Outperform from Market Perform at FBR Capital
Buffalo Wild Wings (BWLD) upgraded to Buy from Hold at Miller Tabak
CACI International (CACI) upgraded to Buy from Hold at Stifel
Compass Minerals (CMP) upgraded to Neutral from Underperform at Credit Suisse
Coty (COTY) upgraded to Outperform from Market Perform at Wells Fargo
Crown Holdings (CCK) upgraded to Outperform from Market Perform at Wells Fargo
Douglas Dynamics (PLOW) upgraded to Outperform from Neutral at RW Baird
Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at BofA/Merrill
Glu Mobile (GLUU) upgraded to Overweight from Neutral at Piper Jaffray
Green Dot (GDOT) upgraded to Neutral from Sell at Janney Capital
Green Mountain (GMCR) upgraded to Hold from Sell at Stifel
Intelsat (I) upgraded to Outperform from Market Perform at Wells Fargo
Lennar (LEN) upgraded to Conviction Buy from Neutral at Goldman
Level 3 (LVLT) upgraded to Buy from Hold at Canaccord
Mettler-Toledo (MTD) upgraded to Buy from Neutral at UBS
Veeco (VECO) upgraded to Overweight from Neutral at JPMorgan
WEX Inc. (WEX) upgraded to Outperform from Market Perform at Wells Fargo
Yelp (YELP) upgraded to Outperform from Market Perform at Raymond James
Downgrades
M.D.C. Holdings (MDC) downgraded to Underperform from Outperform at Raymond James
Meritage Homes (MTH) downgraded to Neutral from Buy at Goldman
Roadrunner (RRTS) downgraded to Market Perform from Strong Buy at Raymond James
Ryland Group (RYL) downgraded to Buy from Conviction Buy at Goldman
Synalloy (SYNL) downgraded to Neutral from Buy at Sterne Agee
Twitter (TWTR) downgraded to Hold from Buy at Stifel
Twitter (TWTR) downgraded to Sell from Neutral at UBS
Twitter (TWTR) downgraded to Underweight from Neutral at Atlantic Equities
COMPANY NEWS
Coca-Cola (KO) said it would buy 10% stake in Green Mountain (GMCR) for $1.25B
Sony (SNE), JIP sign memorandum of understanding for sale of PC business
Sony (SNE) says will cut 5,000 jobs
Harley-Davidson (HOG) raises quarterly dividend 31%, announces 20M share repurchase
CME Group (CME) increases dividend 4% to 47c per share
Cisco (CSCO) and Samsung (SSNLF) enter into patent cross-license agreement
Twitter (TWTR) says 'doubling down' in 2014 to accelerate growth in core user base
AstraZeneca (AZN) continues suspension of share buybacks, sees restructuring costs higher by $200M
EARNINGS
Companies that beat consensus earnings expectations last night and today include:
Medidata Solutions (MDSO), AstraZeneca (AZN), Dunkin' Brands (DNKN), Carlisle (CSL), Sequans (SQNS), Towers Watson (TW), NXP Semiconductors (NXPI), O'Reilly Automotive (ORLY), Education Management (EDMC), Matrix Service (MTRX), Sierra Wireless (SWIR), Badger Meter (BMI), Amerco (UHAL), Schweitzer-Mauduit (SWM), Green Mountain (GMCR), Planar Systems (PLNR), Hanover Insurance (THG), Lincoln National (LNC), Assurant (AIZ), Synchronoss (SNCR), Exponent (EXPO), TTM Technologies (TTMI), FMC Corporation (FMC), EnerSys (ENS), FEI Company (FEIC), Glu Mobile (GLUU), Con-way (CNW), Green Plains (GPRE), Clearwater Paper (CLW), Digital River (DRIV), SolarWinds (SWI), Standard Pacific (SPF), Pandora (P), CBRE Group (CBG), FormFactor (FORM), Callidus Software (CALD), TriQuint (TQNT), Stericycle (SRCL), Shutterfly (SFLY), Mettler-Toledo (MTD), iRobot (IRBT), RealD (RLD), EMCORE (EMKR), Twitter (TWTR), Akamai (AKAM), OraSure (OSUR), Affymetrix (AFFX)
Companies that missed consensus earnings expectations include:
Ingredion (INGR), Sally Beauty (SBH), Invacare (IVC), RetailMeNot (SALE), Flowers Foods (FLO), Prestige Brands (PBH), Diamond Offshore (DO), Aetna (AET), Evolution Petroleum (epm), Geospace (GEOS), WGL Holdings (WGL), Rand Logistics (RLOG), Marathon Oil (MRO), Blue Capital (BCRH), Tesoro Logistics (TLLP), PennyMac (PFSI), Wabash (WNC), Allied World (AWH), Atmel (ATML), Brookdale Senior Living (BKD), Select Comfort (SCSS), Roadrunner (RRTS), Allstate (ALL), Prudential (PRU), FleetCor (FLT), Wesco Aircraft (WAIR), Fiserv (FISV)
Companies that matched consensus earnings expectations include:
Hi-Crush Partners (HCLP), Mueller Industries (MLI), Gildan Activewear (GIL), Solera (SLH), Entropic (ENTR), Yelp (YELP)
NEWSPAPERS/WEBSITES
Volvo (VOLVY) planning 4,400 job cuts this year, AP reports
Amazon (AMZN) acquires 'Killer Instinct' developer Double Helix, TechCrunch reports
JPMorgan (JPM) reviews bids for Global Special Opportunities unit, WSJ says
AstraZeneca (AZN): Headwinds to remain challenging, FT reports
Ford (F) cutting close to 300 jobs at its Australian manufacturing facility, Bloomberg reports
Target (TGT) hackers got into systems by using HVAC credentials, NBC News reports
Boeing (BA) sees 'tough' defense business climate and flat margins, Reuters reports
BlackRock (BLK) CEO says market decline 'old-fashioned correction,' Bloomberg says
Alcatel-Lucent (ALU) in exclusive discussions to sell phone unit to China Huaxin, WSJ reports
SYNDICATE
CM Finance (CMFN) 6.667M share IPO priced at $15.00
Constellium (CSTM) files to sell 25M Class A Ordinary shares for holders
DHT Holdings (DHT) files to sell $227.3M of common stock in direct offering
Egalet (EGLT) 4.2M share IPO priced at $12.00
Eleven Biotherapeutics (EBIO) 5M share IPO priced at $10.00
Envision Healthcare (EVHC) 27.5M share Secondary priced at $30.50
Ladder Capital (LADR) 13.25M share IPO priced at $17.00
Revance Therapeutics (RVNC) 6M share IPO priced at $16.00
Pre Market Movers
Top Gaining Stocks
Price %Change
GMCR Green Mountain Co... 114.85 42.00%
GLUU Glu Mobile Inc. 4.64 19.90%
AKAM Akamai Technologi... 55.95 17.99%
ALU Alcatel-lucent Ad... 4.59 10.60%
YELP Yelp 82.00 9.00%
BAH Booz Allen Hamilt... 18.84 6.50%
CANF Can-fite Biopharm... 5.29 5.59%
CTIC Cell Therapeutics... 2.97 4.58%
AOL Aol 49.50 4.06%
JKS Jinkosolar Holdin... 28.30 3.97%
UNG United States Nat... 26.30 3.91%
YINN Direxion Daily Ch... 20.75 3.85%
JASO JA Solar Holdings... 9.10 3.76%
NBG National Bank of ... 4.87 3.62%
CETV Central European ... 2.88 3.60%
DIS Walt Disney 74.30 3.54%
LEN Lennar Corp. Cl A... 40.92 3.39%
PLUG Plug Power Inc. 3.16 2.93%
ASFI Asta Funding Inc.... 8.50 2.91%
COST Costco Wholesale ... 113.70 2.89%
Top Losing Stocks
Price %Change
TWTR Twitter Inc 52.75 -20.04%
SFLY Shutterfly Inc. 43.51 -12.40%
P Pandora Media 32.00 -10.69%
S Sprint Corporatio... 7.70 -9.41%
SNE Sony Corp. Ads 15.00 -5.66%
SODA Sodastream Intern... 33.90 -5.28%
NXPI Nxp Semiconductor... 44.95 -4.36%
ATML Atmel Corporation... 7.90 -3.54%
GM General Motors 34.00 -3.52%
SNY Sanofi-aventis Ad... 46.71 -3.27%
SQNS Sequans Communica... 2.53 -3.07%
AZN Astrazeneca Plc A... 61.64 -2.93%
PIKE Pike Electric Cor... 10.24 -2.48%
EDZ Direxion Daily Em... 51.20 -2.35%
VJET voxeljet AG 31.15 -2.35%
RSTI Rofin-sinar Techn... 22.00 -2.05%
FISV Fiserv Inc. 54.73 -1.79%
KRFT Kraft Foods Group... 50.41 -1.39%
DDD 3D Systems Corp. ... 63.30 -1.25%
GSVC Gsv Capital Corp.... 12.75 -1.24%
Read more at http://thestockmarketwatch.com/markets/pre-market/#PxDVlmmzfZ09oIFC.99
data:
Chain Store Sales
Challenger Job-Cut Report
[Report][Bullet7:30 AM ET
Gallup US Payroll to Population
[Bullet8:30 AM ET
International Trade
[Report][Star]8:30 AM ET
Jobless Claims
[Report][Star]8:30 AM ET
Productivity and Costs
[Report][djStar]8:30 AM ET
Bloomberg Consumer Comfort Index
[Bullet9:45 AM ET
Daniel Tarullo Speaks
10:00 AM ET
EIA Natural Gas Report
[Bullet10:30 AM ET
3-Month Bill Announcement
[Bullet11:00 AM ET
6-Month Bill Announcement
[Bullet11:00 AM ET
Treasury STRIPS
[Bullet3:00 PM ET
Fed Balance Sheet
[Bullet4:30 PM ET
Money Supply
[Bullet4:30 PM ET
Eric Rosengren Speaks
5:30 PM ET
Futures +48
good morning
AKAM ~ my fav....but not in... +$9.51 or +20%
$TWTR $GMCR $KO $SODA ~ lots going on a/h
DGAZ saw at 2.52ish premkt then hits 3.65
lots of chop out there today...
small gains for friend $116
DJIA -5
ok...outta here....good luck folks!
unemploy number coming up....
and I saw this:
Students at a Salt Lake City school had their school lunches thrown out if they had outstanding balances on their accounts.
http://news.msn.com/us/district-apologizes-after-taking-student-lunches
Instead of everybody/politicians going ape shit....here's a thought...HELLO parents.....keep track of your kids account!!!!!!!
not rocket science!
ha! not so sure...but will do my best...