Before the Open (Mar 15)

Good morning. Happy Thursday.
The Asian/Pacific markets closed with a lean to the downside. Hong Kong did well, but India, Malaysia, Indonesia, Singapore and the Philippines closed down. Europe, Africa and the Middle East are currently mostly unchanged. The UAE and Hungary are up; Greece is down. Futures in the States point towards a flat open for the cash market.
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VIDEO: State of the Market
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The dollar is up. Bitcoin is flat. Oil is up; copper is down. Gold and silver are down. Bonds are flat.
Stock headlines from barchart.com…
Caleres (CAL +2.43%) jumped over 10% in after-hours trading after it reported Q4 net sales of $702.5 million, better than consensus of $695.8 million.
Ford Motor (F -0.28%) was upgraded to ‘Overweight’ from ‘Underweight’ at Morgan Stanley.
RH (RH -0.67%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Raymond James with a price target of $95.
Sunoco (SUN unch) was downgraded to ‘Sell’ from ‘Neutral’ at Goldman Sachs.
B&G Foods (BGS +1.52%) authorized a $50 million stock buyback program.
Tyler Technologies (TYL +0.42%) was rated a new ‘Outperform’ at Baird with a price target of $240.
Lockheed Martin (LMT +0.11%) received a $1.46 billion contract from the Department of Defense for modification of 145 F-35 Lightning II air systems.
Golden Entertainment (GDEN +1.83%) was rated a new ‘Outperform’ at Telsey Advisory Group with A price target OF $32.
MongoDB (MDB -4.15%) rose 4% in after-hours trading after it reported Q4 adjusted gross margin of 73%, higher than consensus of 71.6%
Patterson Cos (PDCO -1.28%) authorized a new $500 million share buyback program.
First Hawaiian (FHB -0.59%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Keefe, Bruyette & Woods with a price target of $34.
Heritage Commerce (HTBK +0.84%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Keefe, Bruyette & Woods with a price target of $19.
RadNet (RDNT +2.02%) was rated a ‘Strong Buy’ at Raymond James with a price target of $15.
Aratana Therapeutics (PETX +0.23%) gained almost 2% in after-hours trading after it reported Q4 revenue of $10.5 million, better than consensus of $6.8 million.
Wednesday’s Key Earnings
Sears (NASDAQ:SHLD) +8.7% AH posting a holiday quarter profit.
Today’s Economic Calendar
8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
8:30 Empire State Mfg Survey
8:30 Import/Export Prices
9:45 Bloomberg Consumer Comfort Index
10:00 NAHB Housing Market Index
10:30 EIA Natural Gas Inventory
4:00 PM Treasury International Capital
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY