Before the Open (Oct 31)

Good morning. Happy Tuesday. Happy Halloween.
The Asian/Pacific markets closed mostly up. Japan was weak, but China, South Korea, Indonesia and the Philippines did well. Europe, Africa and the Middle East are mostly doing well. Turkey, the UAE, Greece, Switzerland, Spain, Portugal and Sweden are leading the way. Futures in the States point towards a moderate gap up open for the cash market.
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VIDEO: There’s a Bull Market Somewhere
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The dollar is flat. Oil and copper are flat. Gold and silver are down slightly. Bonds are flat.
Stock headlines from barchart.com…
Burlington Stores (BURL -2.06%) climbed over 3% in after-hours trading after it said it sees Q3 comparable sales up +3.1%, higher than a prior view of up 2%-3%.
Cray (CRAY +4.71%) rose 3% in after-hours trading after it reported Q3 revenue of $79.7 million, well above consensus of $59.5 million.
Exact Sciences (EXAS -2.07%) jumped nearly 7% in after-hours trading after it reported Q3 revenue of $72.6 million, higher than consensus of $65.1 million, and then raised guidance on full-year revenue to $254 million-$257 million from a prior view of $230 million-$240 million, above consensus of $244.6 million.
Tyson Foods (TSN +0.61%) was initiated with a recommendation of ‘Overweight’ at KeyBanc Capital Markets with a 12-month target price of $82.
Allison Transmission Holdings (ALSN -1.49%) jumped over 5% in after-hours trading after it reported Q3 net sales of $595 million, well above consensus of $533.6 million.
Salesforce.com (CRM unch) was initiated with a ‘Buy’ recommendation at Guggenheim Securities with a 12-month target price of $125.
Texas Roadhouse (TXRH -1.49%) slid over 1% in after-hours trading after it said it sees 2017 labor inflation rising 7%-8%, higher than previous guidance of mid-single digit inflation.
Olin (OLN +0.93%) fell almost 3% in after-hours trading it reported Q3 adjusted Ebitda of $265.5 million, less than consensus of $266.4 million, and then said it sees Q4 adjusted Ebitda of $280 million, weaker than consensus of
Luminex (LMNX +0.15%) gained nearly 2% in after-hours trading after it reported Q3 adjusted EPS of 25 cents, higher than consensus of 19 cents.
Omega Healthcare (OHI -2.46%) lost 2% in after-hours trading after it reported Q3 operating revenue of $219.6 million, below consensus of $237 million.
Nautilus (NLS +1.56%) dropped 8% in after-hours trading after it said it sees full-year operating income of $44 million-$46 million, a 13% to 18% decline y/y, lower than a previous estimate of 5% to 7% growth.
Voyager Therapeutics (VYGR +0.71%) sank 12% in after-hours trading after Sanofi Enzyme opted against exercising its exclusive option for ex-U.S. development and commercial rights to Voyager’s VY-AADEC drug for the treatment of advanced Parkinson’s disease.
MDC Partners (MDCA +3.24%) climbed over 4% in after-hours trading after it reported Q3 adjusted Ebitda of $53.8 million, better than consensus of $52 million.
Unisys (UNS) jumped over 10% in after-hours trading after it reported Q3 revenue of $666.3 million, better than consensus of $635.3 million.
Rent-A-Center (RCII +5.78%) tumbled 9% in after-hours trading after it reported a Q3 adjusted loss per share of -15 cents, wider than consensus of -3 cents a share.
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Monday’s Key Earnings
Mondelez (NASDAQ:MDLZ) +4.3% AH on impressive organic revenue.
Omega Healthcare (NYSE:OHI) -4.6% AH missing Q3 results.
Today’s Economic Calendar
FOMC meeting begins
8:30 Employment Cost Index
8:55 Redbook Chain Store Sales
9:00 S&P Corelogic Case-Shiller Home Price Index
9:45 Chicago PMI
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY