Good morning Stockaholics! Spoiler: 10/3 Monday's Stock Movers & News: TSLA, MYL, WFC, ACN, GG, WYNN, DB & more Good morning Stockaholics! Happy 1st trading day of Q4! Frontrunning: October 3 Donald Trump’s Tax Numbers Sharpen Focus on Treatment of Losses (WSJ) Qatari funds nurse €1bn loss on Deutsche Bank stake (Telegraph) Colombian Voters Reject Peace Deal With FARC Rebels (WSJ) Hungarians vote to reject migrant quotas, but turnout too low to be valid (Reuters) Clinton expected to hit Wells Fargo in speech on 'bad corporate actors' (Reuters) Henderson’s Shares Rally Most in Seven Years on Janus Deal (BBG) Donald Trump Is Handing a Windfall to Mexican Immigrant Families (BBG) UK's Hammond buries idea of extra cuts to corporation tax (Reuters) Among Seniors, Clinton Grows More Appealing (WSJ) Woman who accused Bill Clinton of sexual misconduct slams Hillary (Hill) Bank of England confirms will hold broader bank stress test in 2017 (Reuters) Pound Slides on Brexit Angst as Stocks Show Contagion Contained (BBG) Oil Prices Rise on OPEC Optimism (WSJ) BP Shuts North Sea Platform After Oil Leak (WSJ) Fatal police shooting of black man in Los Angeles sparks protest (Reuters) Donald Trump's New DC Hotel Vandalized With 'Black Lives Matter' Graffiti (ABC) Kim Kardashian West robbed of millions by Paris gunmen (BBG) McDonald’s China Franchise Deal Could Fetch Up to $2 Billion Up Front (WSJ) Italy government won't resign whatever outcome of referendum (Reuters) Philippines' Duterte says China, Russia supportive when he complained of U.S. (Reuters) STOCK FUTURES NOW: FRIDAY'S MARKET MAP: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (SYMBOLS ARE CLICKABLE!): MACK TSLA NTNX CAB NTES NXPI GPRO GOOG CAC WYNN HRTX FCFS TASR DD PAAS USD GOOGL UCO HAL WLL RICE OCLR AXP TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: TSLA, MYL, WFC, ACN, GG, WYNN, DB source: cnbc.com Tesla Motors — The electric car firm said it delivered approximately 24,500 vehicles in the third quarter, a 70 percent year-over-year increase and a new quarterly record for the company. Tesla shares rose more than 4 percent in premarket trading. Janus Capital — The fund management firm is merging with U.K.-based Henderson Global Investors, creating a company with a market value of approximately $6 billion. The new company will be named Janus Global Henderson Investors and will manage more than $320 billion in assets. Mylan, Wells Fargo — Hillary Clinton will unveil a plan that would make it easier for consumers to take legal action against "bad corporate actors," citing Wells Fargo and Mylan, a campaign official told Reuters. Accenture — Pacific Crest raised its price target on Accenture shares to $130 from $129, as the firm's "positive commentary abates some concerns on the demand environment, particularly in financial services." Freeport McMoRan — Deutsche Bank upgraded Freeport's stock to "buy" from hold, citing an improving balance sheet and upside exposure to copper. Deutsche also raised its price target on the stock to $12.50 from $12. Goldcorp — The company's stock was upgraded to "hold" from "sell" at Deutsche Bank, with analysts citing a more balanced risk/reward view. Deutsche also increased its price target on the stock to $16 from $15. Marathon Oil — Marathon Oil announced the sale of non-operated conventional assets for $235 million. The assets, located in West Texas and New Mexico, averaged about 4,000 of oil equivalent per day in the first half of 2016. Deutsche Bank — Politicians in Germany have accused the United States of waging an "economic war" against them as worries over the biggest German lender's future persist. The U.S. Justice Department requested that Deutsche pay $14 billion to settle a mortgage-backed securities mis-selling case. PTC —PTC lowered slashed its fourth-quarter earnings and revenue expectations, saying it sees both numbers coming "below the low end of our prior guidance" of 36 to 41 cents per share, on $305 million to $310 million in sales. PTC also said it expects restructuring costs to total between $75 million and $80 million for fiscal 2016, above the previous guidance of $50 million to $70 million. Wynn Resorts — Wynn's stock rose more than 2 percent in premarket trading following the release of better-than-expected gaming data from Macau. Gambling revenue in Macau rose 7.4 percent year-over-year in September, marking the second straight month of growth after more than two years of decline. Cabela's — Cabela's stock surged more than 14 percent before the bell after Bass Pro Shops announced it was buying the retailer for $65.50 per share. Good trading day to everyone in here on this first trading day of October!
LIVE: US auto sales Automakers will release their sales data for September throughout Monday. Economists forecast that total vehicle sales rose at a seasonally adjusted annual rate of 17.45 million, according to Bloomberg. http://finance.yahoo.com/news/live-us-auto-sales-121244267.html
that new ipo ntnx has been running, looking like the next acia and twlo. whats this i hear about nflx buyout rumors?
Rumor is Disney looking to buy Netflix. Just rumors; I don't think anyone would pay the premium on NFLX. Note that they invoked the name of Disney in the rumor. That got all the retail traders to add buying pressure, and got NFLX over some tough resistance.
Good Tuesday morning Stockaholics! Spoiler: 10/4 Tuesday's Stock Movers & News: DRI, CY, AAPL, NFLX, AEGN, CME, DYN, CRM, RIG, GOOGL & more 10/4 Tuesday's Stock Movers & News: DRI, CY, AAPL, NFLX, AEGN, CME, DYN, CRM, RIG, GOOGL & more Good morning Stockaholics! Happy Tuesday! Frontrunning: October 4 WikiLeaks' Assange signals release of documents before U.S. election (Reuters) Kaine and Pence Look to Assure (and Attack) at Vice-Presidential Debate (BBG) Pound tumbles to 31-year low, Deutsche Bank bounces (Reuters) Trump Digs In Over Tax Disclosure (WSJ) Oil eases as Iran, Libya output rises hit OPEC deal momentum (Reuters) Hurricane Matthew slams into western Haiti with deadly waves (Reuters) The Supreme Court Will Hear Its First Insider-Trading Case in 20 Years (BBG) Global Inflation Falls to Seven-Year Low (WSJ) Boeing’s Unique Accounting Method Helps Improve Profit Picture (WSJ) Manhattan Apartment Sales Plunge 20% as Homebuyers Get Pickier (BBG) Coming Soon to Chinese Movie Theaters: Mergers and Acquisitions (WSJ) Science of 'exotic' states of matter lands Nobel physics prize (Reuters) Italy Markets Debut 50-Year Bond (WSJ) Existential Threat to World Order Confronts Elite at IMF Meeting (BBG) JPMorgan prepares to pull Chase ATMs from Walgreens stores (Reuters) Iran Prepares for an Uptick in Tourism (WSJ) Google expected to unveil new phones at San Francisco event (Reuters) STOCK FUTURES NOW: FRIDAY'S MARKET MAP: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (SYMBOLS ARE CLICKABLE!): NFLX DRI ARLZ NTNX CRM RIG AZN WFC SMMT D JNS VSAR LVS SWHC DWTI AQXP GOOGL SPLK JCP PNM CY XLU GLD FISV TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: DRI, CY, AAPL, NFLX, AEGN, CME, DYN, CRM, RIG, GOOGL & more source: cnbc.com Darden Restaurants — Darden shares rose more than 4 percent in premarket trading after the firm reported mixed quarterly results. Olive Garden's parent company posted fiscal first-quarter earnings of 88 cents per share, 6 cents a share above estimates. Revenue came in slightly below consensus, however. Darden also raised its fiscal-year earnings guidance to a range of $3.87 to $3.97 s share from $3.80 to $3.90 a share. Cypress Semiconductor — A Securities and Exchange Commission filing showed the company adopted a restructuring plan on September 27. Cypress expects to cut about 500 jobs, or approximately 8 percent of its total workforce. CME Group — The company said its average daily volume rose 6 percent year over year in September to 15 million contracts per day. Metals volume averaged 383,00 contracts per day last month, up 30 percent from September 2015, while energy volume rose 25 percent year over year. Aegion — The Missouri-based company posted mixed quarterly results, with second-quarter adjusted earnings per share beating consensus by 1 cent a share. Sales missed estimates, however. Aegion also said in a statement that its "adjusted 2016 EPS will likely fall below adjusted result in 2015." Netflix — MarketWatch reported the streaming giant's stock was bolstered by speculation that it could be a taken over by Walt Disney. The site cited a client note from R.W. Baird analyst William Power, who wrote Netflix has been the subject of "recent M&A rumors," and "whether Disney, Apple or someone else, Netflix could become a target." Salesforce.com — Salesforce entered an agreement to buy Krux, a San Francisco-based software start-up, for about $700 million in cash and stock,The Wall Street Journal first reported. Salesforce shares were up marginally before the bell. Dynegy — The Texas-based electric company named Martin Daley its new chief operating officer as it gets set to close the takeover of French utility firm ENGIE. "The executive management team we have in place will support our goal of optimizing our post-ENGIE acquisition company to best succeed in a competitive and changing energy environment," CEO Robert Flexon said in a statement. Transocean — Transocean shares rebounded 2 percent in premarket trading, a day after falling 7.6 percent following the announcement that the company had lost its contract for Discover India, an ultra-deepwater drillship. The contract was originally scheduled to end January 2021. Alphabet — Alphabet subsidiary Google is expected to launch a series of new smartphones in an attempt to compete with Apple and Amazon. Apple — Apple has launched its contactless payment service in Russia, the U.S. technology announced on Tuesday, as it continues the global rollout of Apple Pay. Good trading day to everyone in here on this Tuesday!
the daily challenge thread for today is up: Stockaholics Daily Stock Pick Challenge & SPX Sentiment Poll for (10/4)
cable hitting its lowest levels versus the greenback in 31 years $ up pretty noticeably against all the major pairs this morning:
@Ken34 hmm yes this beginning to look kind of interesting down here for the yellow metal if you strike a support trendline on the lows on this daily chart, its basically cracked it, but that isn't the be all end all imo lots of news events this week, the most notable one being the bls # at the end of the week that could certainly turn this around eh
its the jobs report that has me scared to move lol, its a nice buy spot imo, but man, you never know what the jobs report could do to this thing.
