Before the Open (Nov 7)

Good morning. Happy Tuesday.
The Asian/Pacific markets closes mostly up. Japan, China, Hong Kong, Taiwan, Australia and Singapore did well; India was weak. Europe, Africa and the Middle East are currently mixed. Russia is up more than 3%; South Africa, Poland, Portugal and Austria are also doing well. Turkey, the UAE, Greece, Hungary and Saudi Arabia are down. Futures in the States point towards a slight down open for the cash market.
The dollar is up. Oil is flat; copper is down. Gold and silver are down. Bonds are down.
Webinar Series…
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Webinar: The Real Keys to Surviving and Making Solid Profits in the Market, Part I
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Webinar: The Real Keys to Surviving and Making Solid Profits in the Market, Part II
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Webinar: The Real Keys to Surviving and Making Solid Profits in the Market, Part III
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Stock headlines from barchart.com…
Priceline Group (PCLN +0.45%) tumbled over 9% in after-hours trading after it said it sees Q4 adjusted EPS of $13.40 to $14.00, well below consensus of $15.56.
Weight Watchers International (WTW +0.27%) rallied 10% in after-hours trading after it reported Q3 EPS of 65 cents, higher than consensus of 51 cents, and then said it sees full-year EPS of $1.77 to $1.83, better than consensus of $1.46.
Red Robin Gourmet Burgers (RRGB +0.15%) sank 18% in after-hours trading after it reported Q3 adjusted EPS of 21 cents, well below consensus of 29 cents, and then forecast full-year EPS of $2.16 to $2.31 weaker than consensus of $2.80.
Las Vegas Sands (LVS +1.02%) was upgraded to ‘Overweight’ from ‘Equal Weight’ at Morgan Stanley with a price target of $72.
U.S. Silica Holdings (SLCA +3.55%) jumped 6% in after-hours trading after it reported Q3 revenue of 34 million, higher than consensus of $328.9 million.
Veritone (VERI +6.26%) tumbled over 12% in after-hours trading after it reported a Q3 net loss of -$1.31 per share, wider than consensus of -43 cents.
Lowe’s (LOW -0.65%) was initiated with a recommendation of ‘Overweight’ at KeyBanc Capital Markets with a 12-month target price of $98.
Zayo Group Holdings (ZAYO -0.12%) slipped nearly 4% in after-hours trading after it reported Q1 EPS of 9 cents, weaker than consensus of 12 cents.
Tenet Healthcare (THC -3.29%) fell 5% in after-hours trading after it said it sees Q4 adjusted EPS of $1.20 to $1.35, below consensus of $1.55, and then lowered guidance on full-year adjusted EPS to 59 cents-74 cents from a prior view of 69 cents to 99 cents, weaker than consensus of 75 cents.
Avis Budget Group (CAR +1.10%) dropped 11% in after-hours trading after it lowered guidance on full-year adjusted EPS to $2.45 to $2.65 from a prior view of $2.40 to $2.85, weaker than consensus of $2.69.
TripAdvisor (TRIP +1.67%) dropped nearly 9% in after-hours trading after it reported Q3 revenue of $439 million, weaker than consensus of $451.7 million.
Lannett (LCI +2.42%) jumped over 8% in after-hours trading after it said it sees full-year net sales of $710 million to $720 million, well above consensus of $654.9 million.
AMC Entertainment Holdings (AMC +2.52%) slid 7% in after-hours trading after it said it sees 2017 revenue of $5.00 billion to $5.20 billion, the mid-point below consensus of $5.16 billion.
TrueCar (TRUE +1.55%) plunged 26% in after-hours trading after it reported Q3 revenue of $82.4 million, weaker than consensus of $86.9 million, and then forecast full-year revenue of $321 million to $323 million, below consensus of $328.6 million.
Manitowoc (MTW +1.20%) rose nearly 5% in after-hours trading after it reported Q3 revenue of $399.4 million, better than consensus of $385.1 million.
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Monday’s Key Earnings
CVS Health (NYSE:CVS) -3.5% selling RXCrossroads to McKesson.
Michael Kors (NYSE:KORS) +14.7% raising its outlook for 2017.
Mylan (NASDAQ:MYL) -1% missing expectations for Q3.
Priceline (NASDAQ:PCLN) -10.9% AH disclosing a disappointing outlook.
Skyworks Solutions (NASDAQ:SWKS) -4.6% AH despite in-line guidance.
TripAdvisor (NASDAQ:TRIP) -9.4% AH fighting bookings competition.
Today’s Economic Calendar
6:00 NFIB Small Business Optimism Index
8:30 Gallup US ECI
8:55 Redbook Chain Store Sales
10:00 Job Openings and Labor Turnover Survey
1:00 PM Results of $24B, 3-Year Note Auction
3:00 PM Consumer Credit
3:00 PM Janet Yellen speech
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY