Good morning. Happy Friday. Happy Options Expiration Day.
The Asian/Pacific markets were mostly closed. Japan moved up; India moved down. Europe, Africa and the Middle East are mostly up. France, Denmark, Finland, Hungary, Spain, Italy, Israel and Saudi Arabia are up 1%. Futures in the States point towards a flat open for the cash market.
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VIDEO: Dead Cat Bounce of Beginning of Next Uptrend
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The dollar is up. Bitcoin is down. Oil and copper are up. Gold and silver are mixed and little changed. Bonds are up.
Stock headlines from barchart.com…
H&E Equipment (HEES -0.25%) was rated a new ‘Buy’ at Stifel with a 12-month target price of $46.
Arista Networks (ANET +1.93%) dropped 14% in after-hours trading on disappointment its Q1 revenue estimate wasn’t stronger after the company said it sees Q1 revenue between $450 million to $468 million, the midpoint just above consensus of $457.6 million.
Jack in the Box (JACK +2.43%) gained 2% in after-hours trading after Jana Partners reported a 7.3% stake in the company.
Cognex (CGNX +1.29%) sank 11% in after-hours trading after it reported Q4 EPS from continuing operations of 25 cents, below consensus of 26 cents.
Flowserve (FLS +1.61%) fell over 5% in after-hours trading after it reported Q3 adjusted EPS of 50 cents, below consensus of 51 cents, and said it sees full-year adjusted EPS of $1.50 to $1.70, well below consensus of $1.85.
Shake Shack (SHAK +3.96%) lost 2% in after-hours trading after it said it sees full-year revenue of $444 million to $448 million, weaker than consensus of $457.2 million.
Mulesoft (MULE +2.79%) rose almost 3% in after-hours trading after it reported Q4 revenue of $88.7 million, better than consensus of $83.5 million.
Pacira Pharmaceuticals (PCRX +0.56%) tumbled 15% in after-hours trading after an expanded use of the company’s Exparel injections as a nerve block failed to win the backing of an FDA advisory committee.
Ichor Holdings (ICHR +3.79%) gained nearly 2% in after-hours trading after it reported its board authorized the repurchase of up to $50 million in company shares.
Sleep Number (SNBR -0.78%) rallied 11% in after-hours trading after it reported Q4 comparable sales rose +12%, stronger than consensus of +3.2%.
Energous (WATT +0.99%) slid 3% in after-hours trading after it reported Q4 revenue of $29K, weaker than consensus of $345K.
TrueCar (TRUE +5.87%) declined 6% in after-hours trading after it reported Q4 automobile purchases of 239,521, below consensus of 245,000.
Allscripts Healthcare Solutions (MDRX +2.70%) dropped 12% in after-hours trading after it reported Q4 bookings of $314 million, well below consensus of $419 million.
Synchronoss Technologies (SNCR +1.08%) surged 25% in after-hours trading after it said that it has closed the previously announced sale of $185 million in a newly created series of preferred stock to affiliates of Siris Capital Group LLC.
Thursday’s Key Earnings
CBS (NYSE:CBS) +1.6% AH lifted by distribution fees, streaming.
Today’s Economic Calendar
8:30 Housing Starts
8:30 Import/Export Prices
10:00 Consumer Sentiment
10:00 E-Commerce Retail Sales
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