Before the Open (Aug 3)

Good morning. Happy Thursday.
The Asian/Pacific markets closed mostly down. South Korea fell almost 2%; China, Hong Kong, India, Taiwan and Indonesia were also weak. Europe, Africa and the Middle East are currently mixed and little changed. The UK, Turkey, Hungary and the Czech Republic are up; Portugal and Israel are down. Futures in the States point towards a flat open for the cash market.
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The dollar is up a small amount. Oil is up; copper is down. Gold and silver are down. Bonds are up.
Stock headlines from barchart.com…
Prudential Financial (PRU +0.73%) lost 2% in after-hours trading after it reported Q2 adjusted operating EPS of $2.09, well below consensus of $2.70.
Wyndham Worldwide (WYN -2.19%) rose 5% in after-hours trading after it said it will split up into two separate businesses, a hotel operation called Wyndham Hotel Group and a timeshare business called Wyndham Vacation.
Oshkosh (OSK +5.36%) was upgraded to ‘Buy’ from ‘Hold’ at Drexel Hamilton LLC with a 12-month target price of $83.
American International Group (AIG +0.64%) gained almost 2% in after-hours trading after it reported Q2 operating EPS of $1.53, higher than consensus of $1.20.
Hologic (HOLX -0.75%) slid nearly 5% in after-hours trading after it said it sees full-year revenue of $3.04 billion-$3.06 billion, below consensus of $3.07 billion.
Central Garden & Pet Co (CENT -2.30%) jumped 12% in after-hours trading after it reported Q3 EPS of 62 cents, above consensus of 51 cents, and then said it now sees fiscal 2017 adjusted EPS of at least $1.44, above a May 3 estimate of at least $1.37.
Molina Healthcare (MOH -0.99%) dropped over 7% in after-hours trading after it said it will stop selling Obamacare plans in Utah and Wisconsin in 2018 and will reduce its presence in Washington as it cuts 10% of its workforce, or 1,500 jobs by year-end amid restructuring efforts.
Take-Two Interactive Software (TTWO -0.68%) rallied 13% in after-hours trading after it reported Q1 adjusted EPS of 41 cents, well above consensus of 19 cents, and then raised guidance on fiscal 2018 adjusted EPS to $1.95-$2.16 from a May 23 view of $1.40-$1.65.
Sturm Ruger & Co. (RGR +0.09%) tumbled over 12% in after-hours trading after it said Q2 net sales declined -22% and Q2 EPS dropped to 57 cents from $1.22 a share y/y.
Trinseo (TSE +1.20%) slumped over 13% in after-hours trading after it reported Q2 adjusted EPS of $1.39, well below consensus of $1.82, and then said it sees Q3 adjusted EPS of $1.10-$1.28, weaker than consensus of $1.78.
SolarEdge Technologies (SEDG -1.93%) surged 20% in after-hours trading after it reported Q2 adjusted EPS of 55 cents, better than consensus of 37 cents, and then said it sees Q3 revenue of $155 million-$165 million, higher than consensus of $131.7 million.
Health Insurance Innovations (HIIQ +0.19%) climbed 7% in after-hours trading after it reported Q2 adjusted EPS of 46 cents, above consensus of 34 cents, and then raised guidance on full-year adjusted EPS to $1.45 -$1.55 from a prior view of $1.40-$1.50.
Century Aluminum (CENX +0.30%) dropped over 10% in after-hours trading after it reported Q2 adjusted EPS of 1 cent, much weaker than consensus of 22 cents.
Fitbit (FIT -0.20%) rose nearly 5% in after-hours trading after it reported Q2 revenue of $353.3 million. above consensus of $341.2 million.
Wednesday’s Key Earnings
AIG (NYSE:AIG) +1.1% AH following an earnings beat.
Fitbit (NYSE:FIT) +3% AH with smaller than expected loss.
Groupon (NASDAQ:GRPN) +9.3% on “growing marketplace strength.”
Mondelez (NASDAQ:MDLZ) +1.1% appointing a new CEO.
Southern Co. (NYSE:SO) +2.6% beating estimates.
Square (NYSE:SQ) -1.4% AH despite raising guidance.
Tesla (TSLA) +6.4% AH with Model 3 seen on track.
Today’s Economic Calendar
Chain Store Sales
7:30 Challenger Job-Cut Report
8:30 Initial Jobless Claims
8:30 Gallup Good Jobs Rate
9:45 Bloomberg Consumer Comfort Index
9:45 PMI Services Index
10:00 ISM Non-Manufacturing Index
10:00 Factory Orders
10:30 EIA Natural Gas Inventory
4:30 Money Supply
4:30 Fed Balance Sheet
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY