Before the Open (Sep 7)

Good morning. Happy Thursday.
The Asian/Pacific markets closed with a lean to the upside. Japan, South Korea, Malaysia, Thailand and the Philippines did well; China and Hong Kong were weak. Europe, Africa and the Middle East are currently mostly up. The UK, France, Germany, Russia, Belgium, Austria and Saudi Arabia are doing well; Poland and Portugal are down. Futures in the States point towards a mixed open for the cash market.
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The dollar is down. Oil and copper are down. Gold and silver are up. Bonds are up.
Stock headlines from barchart.com…
Cabela’s (CAB +1.50%) rallied 14% in after-hours trading after the Federal Reserve cleared the sale of World’s Foremost Bank, a credit-card bank subsidiary of Cabela’s, to Synovus Financial.
Guidewire Software (GWRE -2.72%) lost nearly 1% in after-hours trading after it said it sees Q1 revenue of $98 million-$102 million, below consensus of $113 million.
RH (RH -0.64%) surged over 35% in after-hours trading after it reported Q2 adjusted EPS of 65 cents, higher than consensus of 47 cents, and then said it sees full-year adjusted EPS of $2.43-$2.67, better than consensus of $2.16.
ABM Industries (ABM +0.25%) slipped 1% in after-hours trading after it reported Q3 adjusted EPS from continuing operations of 51 cents, below consensus of 54 cents.
Verint Systems (VRNT -0.13%) jumped 5% in after-hours trading after it reported Q2 adjusted EPS of 61 cents, well above consensus of 47 cents.
NCI Building Systems (NCS +0.90%) dropped 12% in after-hours trading after it reported Q3 sales of $469.4 million, weaker than consensus of $495.2 million, and then said it sees full-year revenue of $1.75 billion-$1.78 billion, below consensus of $1.83 billion.
Descartes Systems Group (DSGX -0.18%) lost over 1% in after-hours trading after it reported Q2 EPS of 9 cents, well below consensus of 25 cents.
Builders FirstSource (BLDR +2.32%) slid nearly 3% in after-hours trading after it announced a secondary offering of 13.48 million shares of its common stock.
Alder Biopharmaceuticals (ALDR -2.11%) rallied 6% in after-hours trading after it was initiated a ‘Buy’ at Mizuho Securities USA with a 12-month target price of $32.
Yext (YEXT +4.48%) gained almost 1% in after-hours trading after it raised its full-year revenue forecast to $169.5 million-$1.70.5 million from a prior view of $169 million-$170 million.
Matrix Service (MTRX +1.23%) rose 2% in after-hours trading after it said it sees full-year revenue of $1.23 billion to $1.33 billion, above consensus of $1.20 billion.
AK Steel Holding (AKS +1.21%) gained nearly 1% in after-hours trading after it announced price increases for its carbon steel products and after Macquarie initiated a new ‘Outperform’ on the stock.
ViewRay (VRAY +1.05%) climbed almost 4% in after-hours trading after it was initiated a ‘Buy’ at Mizuho Securities USA with a 12-month target price of $12.
Today’s Economic Calendar
8:30 Initial Jobless Claims
8:30 Productivity and Costs
9:45 Bloomberg Consumer Comfort Index
10:00 Quarterly Services Report
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
12:15 PM Fed’s Mester: Monetary Policy and Economic Outlook
7:00 PM Fed’s Bostic Speech
7:00 PM Fed’s Dudley: Economic Outlook and Monetary Policy
7:00 PM Fed’s George: Economic Outlook
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY