Good morning. Happy Friday.
The Asian/Pacific markets closed mostly down. China did okay, but Japan, New Zealand, Thailand and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. Austria and the Czech Republic are up; the UK, Poland, Turkey, Greece and Hungary are down. Futures in the States point towards a moderate gap down open for the cash market.
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VIDEO: Oil Setups and Trades Profiled
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The dollar is flat. Oil and copper are flat. Gold is down; silver is up. Bonds are down.
Stock headlines from barchart.com…
Macy’s (M +10.98%) was downgraded to ‘Short’ from no position at Evercore ISI.
Walt Disney (DIS +1.48%) gained over 1% in after-hours trading after it said in a conference call that it is making another trilogy of ‘Star Wars’ movies to be released after 2020.
Trade Desk (TTD -3.84%) tumbled 11% in after-hours trading after it said it sees Q4 revenue of $101.0 million, below consensus of $101.8 million.
Nvidia (NVDA -1.84%) gained almost 2% in after-hours trading after it reported Q3 revenue of $2.64 billion, higher than consensus of $2.36 billion, and then said it sees Q4 revenue of $2.65 billion plus or minus 2%, better than consensus of $2.44 billion.
Redfin (RDFN +6.91%) fell nearly 7% in after-hours trading after it reported Q3 revenue of $109.5 million, below consensus of $110.7 million.
Nordstrom (JWN +4.52%) lost nearly 1% in after-hours trading after it reported Q3 gross margin of 34.7%, below consensus of 35.1%.
Ichor Holdings Ltd (ICHR -2.07%) dropped over 4% in after-hours trading after it announced that it acquired Talon Innovations in a stock purchase agreement for $130 million.
Hertz Global Holdings (HTZ -4.67%) climbed 7% in after-hours trading after it reported Q3 adjusted EPS of $1.42, better than consensus of $1.33.
Intrexon (XON +0.51%) fell 3% in after-hours trading after it reported Q3 revenue of $46 million, weaker than consensus of $55.1 million.
Dynavax Technologies (DVAX -3.84%) rallied 14% in after-hours trading after the FDA approved its Heplisav-B vaccine for prevention of infection caused by hepatitis B in adults.
Airgain (AIR -0.62%) dropped 6% in after-hours trading after it reported Q3 adjusted EPS of 5 cents, below consensus of 7 cents.
Immunomedics (IMMU +3.06%) jumped over 8% in after-hours trading after the company appointed former president of hematology and oncology at Celgene, Michael Pehl, as CEO.
Lightpath Technologies (LPTH +0.81%) tumbled 14% in after-hours trading after it reported Q1 revenue of $7.6 million, below consensus of $8.4 million.
Thursday’s Key Earnings
Disney (DIS) +1% AH detailing streaming plans.
Equifax (NYSE:EFX) following its security breach.
Hertz (NYSE:HTZ) +9.5% AH on better U.S. pricing.
Kohl’s (NYSE:KSS) +0.9% after a soft quarter.
Macy’s (NYSE:M) +11% meeting guidance for 2017.
Nordstrom (NYSE:JWN) -1.6% AH amid weaker same-store sales.
Nvidia (NASDAQ:NVDA) +3.2% AH on data center gains.
TransCanada (NYSE:TRP) +0.1% with support for Keystone XL.
Today’s Economic Calendar
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY