7/20 Thursday Market Movers & News Good Day TSMF! Happy Thursday! Frontrunning: July 20 Futures flat as investors await earnings deluge (Reuters) Investors Brace for Clues on ECB’s Tapering Plans (WSJ) When Will the ECB Pull Its Trillions From the Markets? (BBG) Citing Recusal, Trump Says He Wouldn’t Have Hired Sessions (NYT) Trump Urges GOP to Seek Agreement on Health Measure (WSJ) The GOP Failed to Replace the ACA. Can Congress Fix What’s Wrong? (BBG) Senator McCain diagnosed with aggressive brain cancer (Reuters) Low Earners Are Making the Biggest Gains for the First Time in Years (WSJ) Russia says in talks with U.S. to create cyber security working group (Reuters) France Says ‘We Want Our Money Back’ as Brexit Talks Crawl On (BBG) After Mosul, Islamic State digs in for guerrilla warfare (Reuters) Here’s Why Yellen’s Fed Cares About America’s Opioid Epidemic (BBG) Deutsche Bank Preparing for Hard Brexit, CEO Cryan Tells Employees (BBG) Germany takes aim at Turkish tourism as rights row escalates (Reuters) S&P 500's Biggest Pension Plans Face $382 Billion Funding Gap (BBG) Any Greek market foray should be first step to full return: government spokesman (Reuters) Loophole Closed: Hedge-Fund Managers Prepare Huge Tax Checks (WSJ) Israel faces mounting Palestinian anger over holy site metal detectors (Reuters) STOCK FUTURES NOW: THIS WEEK'S MARKET HEAT MAP: THIS WEEK'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING DISCUSSIONS (TICKER SYMBOLS ARE CLICKABLE!): SRPT BX MSFT INO ABT V TMUS PM QCOM UNP ADS SHW KMI CHRW MNRO F CBAY TRV RCL SPXL WBC GPOR BVXV CQQQ SPY THIS WEEK'S EARNINGS CALENDAR: ($NFLX $BAC $MSFT $GS $BLK $JNJ $IBM $UNH $GE $LMT $V $BX $CSX $QCOM $HOG $PGR $CMA $SWKS $MS $UAL $AMTD) THIS WEEK'S IPO'S: THIS MORNING'S PRE-MARKET EARNINGS RELEASES: ($BX $ABT $KEY $NUE $SHW $PM $SNA $UNP $BBT $CHKP $PII $TRV $SAP $DOV $ADS $ABB $DHR $MNRO $GPC $BK $PPG) BEFORE MARKET OPEN: AFTER 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 Travelers – The insurance company reported profit of $1.92 per share, missing estimates of $2.11 a share, although revenue beat forecasts. Results were impacted by higher weather-related losses. Travelers did see record premiums and higher investment income. Blackstone – The asset manager came in three cents a share below estimates, with economic net income of 59 cents per share. Revenue was also shy of forecasts, however Blackstone notes that assets under management are at an all-time high and results are up by double-digit percentages over a year ago. Cardinal Health – The drug distributor has put its China business up for sale, according to a Reuters report, in a potential deal that could be worth up to $1.5 billion. Polaris Industries – The recreational vehicle maker reported adjusted quarterly profit of $1.16 per share, eight cents a share above estimates. Revenue came in above Street forecasts and the company raised its full-year sales guidance. C.H. Robinson – The logistics company missed estimates by 12 cents a share, with quarterly profit of 78 cents per share. Revenue beat forecasts. The company's results were impacted by squeezed profit margins in its trucking business. HP Inc. — RBC upgraded the stock to "outperform" from "sector perform," noting an improvement in personal computer and printer market fundamentals. Philip Morris – The tobacco producer fell nine cents a share shy of estimates, with quarterly profit of $1.14 per share. Revenue also missed forecasts amid lower shipments, and the company also cut its guidance for the full year. Bank of New York Mellon – The bank earned 88 cents per share for the second quarter, four cents a share above estimates. Revenue also beat forecasts. The results were helped by an increase in interest rates. Pfizer – Credit Suisse downgraded the drugmaker's stock to "neutral" from "outperform," saying it was still upbeat over Pfizer's long-term prospects but seeing more limited drivers for a near-term move higher. Nike – Morgan Stanley upgraded the athletic apparel and footwear maker to "overweight" from "equal-weight," citing a belief that sales growth issues have bottomed out. American Express — The financial services giant reported quarterly profit of $1.47 per share, four cents a share above estimates. Revenue beat Street forecasts, as well. Amex did see increased costs for its reward programs, but benefited from increased spending by card holders. Qualcomm – Qualcomm earned an adjusted 83 cents per share for its latest quarter, two cents a share above estimates. Revenue was above forecasts, but the chipmaker's profit was down 40 percent from a year ago. Its current-quarter earnings guidance was below Street forecasts, as well. T-Mobile US – T-Mobile swamped consensus estimates with quarterly profit of 67 cents per share, compared to forecasts of 38 cents a share. Revenue was well above forecasts, amid a jump in subscribers and record low customer defections for the mobile service provider. Whole Foods — Activist hedge fund Jana Partners exited its 9 percent stake in the organic grocer. Jana originally took the stake seeking to replace board members and explore a sale, which eventually did happen when Amazon announced its deal to buy the company for $13.7 million. United Rentals – United Rentals beat estimates by eight cents a share, with quarterly profit of $2.37 per share. Revenue topped forecasts, as well. The equipment rental company also raised its full-year guidance amid continuing strength in customer demand. Alcoa – Alcoa earned an adjusted 62 cents per share, two cents a share above estimates. The aluminum producer's revenue was essentially in line, however it cut its annual earnings forecast, citing higher input costs. Square, PayPal – These and other payment company stocks could benefit from yet more consolidation in the industry, with France's Ingenico announcing a deal to buy Swedish rival Bambora for $1.7 billion. Unilever – Unilever raised its full-year profit margin target after the food producer saw its margins expand significantly during the year's first half. SAP – SAP reported better-than-expected sales for the second quarter, helped by demand for the business software provider's cloud services, but higher costs helped push its profit below consensus. Kinder Morgan – Kinder Morgan said it expects to increase its dividend by 60 percent next year and 25 percent increases for the two years after that. The pipeline operator also announced a $2 billion share repurchase program. Canadian Pacific Railway – Canadian Pacific reported a better-than-expected quarterly profit, on higher commodities shipments, but the rail operator did give a cautious outlook for the second half of the year. Have a happy trading day to everyone in here on this Thursday!
could not get around to today's thread but i may be able to do these once or twice per week ... i largely do these so i can send out the link on places like twitter, stocktwits, and reddit it's a good way to get the word out w/o making it seem like that i'm straight out spamming
