8/1 Tuesday Stock Market Movers & News: UAA, PFE, ADM, P, TXRH, AN, LVS, WYNN, SNAP, XRX, BP, S Good Day TSMF! Happy First Trading Day of August! Frontrunning: August 1 Futures higher on strong earnings season; Apple in focus (Reuters) Kelly Sends Off Scaramucci, But Real Test Will Be Taming Trump (BBG) Senate Democrats offer Republicans help on tax reform - with conditions (Reuters) Banks May Need $50 Billion New Capital After Brexit (BBG) Goldman Sachs Finds Itself in Odd Spot: Last Place in Trading (WSJ) Trump dictated misleading statement on son's meeting with Russian (Washington Post) Struggling Stock Pickers Eye Quant Tools to Gain an Edge (BBG) Trump’s Obsession With Leaks (BBG) BP Turns a Corner, but 2010 Oil Spill Keeps Biting (WSJ) The immigrant success story that led police to a Chinese banking giant (Reuters) Greenspan Sees No Stock Excess, Warns of Bond Market Bubble (BBG) Euro-Area Economy Steams Ahead as ECB Waits for Inflation (BBG) The energy patch: where rights offerings are 'sexy' again (Reuters) Rowling Apologizes for Claiming Trump Ignored Disabled Boy (BBG) President Xi says China loves peace but won't compromise on sovereignty (Reuters) Greenspan Sees No Stock Excess, Warns of Bond Market Bubble (BBG) Rolls-Royce Recovery Revs Up, But CEO Wary of Production Hurdles (BBG) Snap, Blue Apron Shake Confidence in Startup Valuations (WSJ) Caterpillar CFO Brad Halverson to retire in early 2018 (Reuters) Under Armour to Cut About 280 Jobs (WSJ) STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING DISCUSSIONS (STOCK SYMBOLS ARE CLICKABLE!): SHOP UAA AAPL S UA PFE P LL ZYNE REGN RACE CMI INCY IDXX MOS CBMX BB.CA TGTX ADM XYL ACCO YRD EIGI PBI XRX THIS WEEK'S EARNINGS CALENDAR: ($AAPL $TSLA $AAOI $SHOP $SQ $S $ATVI $UAA $CHK $P $GRPN $PFE $OCLR $FEYE $FIT $ICPT $COHR $OLED $GPRO $NRZ) THIS WEEK'S IPO'S: THIS MORNING'S PRE-MARKET EARNINGS RELEASES: ($SHOP $S $UAA $PFE $BP $LL $CMI $INCY $RCL $SNE $IPGP $PSX $ADM $XRX $MZOR $SMG $IDXX $MOS $ETN $CNX) BEFORE TODAY'S MARKET OPEN: AFTER TODAY'S MARKET CLOSE: THIS MORNING'S ANALYST UPGRADES/DOWNGRADES: THIS MORNING'S INSIDER TRADING FILINGS: TODAY'S DIVIDEND CALENDAR: THIS MORNING'S PRE-MARKET STOCK NEWS MOVERS: source: cnbc.com Under Armour – The athletic footwear and apparel maker reported a quarterly loss of three cents per share, half of what analysts had expected, and revenue beat forecasts. Under Armour cut its full-year outlook below forecasts, however, and also announced a restructuring that will include job cuts. Pfizer – The drugmaker came in one cent a share above estimates, with quarterly profit of 67 cents per share. Revenue came in below forecasts, however, as demand for its Enbrel and Prevnar drugs dropped. Pfizer did increase the midrange of its 2017 earnings forecast. Archer Daniels Midland – The grain processor earned an adjusted 57 cents per share for its latest quarter, five cents above estimates. Revenue was well below forecasts, however, on weakness in the company's oilseeds processing unit. Pandora Media - The streaming music service lost 21 cents per share for its latest quarter, three cents a share smaller than anticipated. Revenue beat estimates on increased ad spending, but the company also cut its full-year forecast following the sale of its Ticketfly ticketing firm and as subscription revenue comes in below forecasts. Texas Roadhouse – Texas Roadhouse matched estimates with quarterly profit of 53 cents per share, while the restaurant chain's revenue was slightly above forecasts. Same-restaurant sales rose four percent, beating consensus estimates of a 3.3 percent increase. AutoNation – AutoNation lost its spot in the S&P 500, pushed out by MetLife spinoff Brighthouse Financial. The MetLife U.S. retail business is set to start trading on its own next Monday. The automobile retailer's stock will be moved to the S&P MidCap 400 index. Honda – Honda beat analysts' forecasts with its quarterly operating profit of $2.44 billion, as stronger Asian sales offset weakness in North America. The automaker also raised its full-year forecast on more favorable currency exchange rates. Las Vegas Sands, Wynn Resorts – These and other casino operators with a presence in Macau could benefit as monthly revenue in the Chinese territory rises 29 percent in July compared to a year ago. Snap – Snap will not be eligible for inclusion in the S&P 500 following a new rule which takes effect today, barring companies with multiple share classes. The decision does not affect existing S&P 500 members with multiple shares classes like Alphabet and Berkshire Hathaway. Sony – Sony's profit nearly quadrupled in its fiscal first quarter compared to a year earlier, as it saw an overall recovery in its business and a particularly strong performance from its image sensor unit. Pitney Bowes – The commerce technology provider earned an adjusted 33 cents per share for its latest quarter, three cents a share short of forecasts. Revenue missed expectations, as well, and the company also lowered the high end of its full-year forecast. The company said it is pleased with the potential it has created but has not yet fulfilled that potential. Xerox – Xerox came in seven cents a share above estimates, with adjusted quarterly profit of 87 cents per share. Revenue was slightly short of forecasts, however, as the company transitions to a new product lineup. BP – The oil giant earned $553 million for the second quarter, reversing a year-ago loss although its bottom line continues to be affected by costs related to the 2010 Gulf of Mexico oil spill. Sprint – The wireless services provider earned five cents per share for its latest quarter, compared to consensus forecasts of a one cent loss. Revenue beat forecasts, while Sprint chalked up net additions of 61,000 wireless subscribers. Have a happy trading day to everyone in here on this Tuesday!
so i was just chatting with someone in our discord chat earlier today ... said he found this site via this very thread that was linked up on my reddit post earlier this morning ... one of the primary reasons why i put out these threads every morning is so that i can get our link out onto reddit ... we're bound to get someone signing up from these eventually
