Before the Open (Nov 9)

Good morning. Happy Friday.
The Asian/Pacific markets closed mostly down. China, Hong Kong, Taiwan, Indonesia and the Philippines dropped more than 1%. Europe, Africa and the Middle East are currently mostly down. The UK, Poland, France, Turkey, Russia, South Africa, Finland, Spain, Italy and Austria are down 1% or more. Futures in the States point towards a moderate gap down open for the cash market.
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VIDEO: State of the Market
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The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are up.
Overnight Stock Movers from barchart.com…
Activision Blizzard (ATVI -3.53%) fell more than 9% in after-hours trading after it forecast full-year adjusted EPS of $2.58, below consensus of $2.62.
Skyworks Solutions (SWKS +0.91%) slid more than 4% in after-hours trading after it forecast Q1 adjusted EPS of $1.91, well below consensus of $2.08.
Walt Disney (DIS -0.90%) rose 2% in after-hours trading after it reported Q4 adjusted EPS of $1.48, higher than consensus of $1.34.
Yelp (YELP -2.99%) plunged 28% in after-hours trading after it reported Q3 net revenue of $241.1 million, weaker than consensus of $245.5 million
Air Lease (AL -1.68%) climbed 5% in after-hours trading after it reported Q3 revenue of $450.7 million, better than consensus of $442.6 million.
MCBC Holdings (MCFT +2.75%) dropped nearly 8% in after-hours trading after it reported Q1 gross margin of +24.8%, below consensus of +25.0%.
CareDx (CDNA -2.26%) jumped almost 10% in after-hours trading after it raised guidance on its 2018 revenue forecast to $74 million to $75 million from a prior view of $68 million to $70 million, above consensus of $69.9 million.
Dropbox (DBX -1.08%) rose more than 8% in after-hours trading after it reported Q3 revenue of $360.3 million, above consensus of $352.6 million.
Clearwater Paper (CLW -4.12%) climbed almost 7% in after-hours trading after it reported Q3 adjusted EPS of $1.35, well above consensus of 44 cents.
Unisys (UIS -1.70%) fell almost 5% in after-hours trading after it reported Q3 adjusted EPS of 39 cents, weaker than consensus of 41 cents.
Lions Gate Entertainment (@symbolPercentChange(LGF/A)) rose 4% in after-hours trading after it reported Q2 revenue of $901 million, higher than consensus of $891.2 million.
AMC Entertainment (AMC -1.36%) dropped 9% in after-hours trading after it reported a Q3 loss per share of -82 cents, much wider than consensus of -49 cents.
Hertz Global Holdings (HTZ -1.39%) rallied 17% in after-hours trading after it reported Q3 adjusted EPS of $2.14, well above consensus of $1.77.
Thursday’s Key Earnings
Activision Blizzard (NASDAQ:ATVI) -9.9% on weak bookings outlook.
AstraZeneca (NYSE:AZN) +3.7% with new drug hopes.
CenturyLink (NYSE:CTL) -5.5% AH posting light revenues.
Cheniere Energy (NYSEMKT:LNG) +3.2% following a Polish LNG deal.
Disney (DIS) +2.4% AH as studio revenue gained 50% Y/Y.
Dropbox (NASDAQ:DBX) +8.2% AH beating expectations.
Hertz (NYSE:HTZ) +20.9% AH displaying a profit turnaround.
Skyworks Solutions (NASDAQ:SWKS) -4.1% on downside guidance.
Yelp (NYSE:YELP) -27.5% AH following a revenue shortfall.
Today’s Economic Calendar
8:30 Producer Price Index
9:00 Randal Quarles Speech
10:00 Consumer Sentiment
10:00 Wholesale Trade
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