{"id":10645,"date":"2017-08-22T07:39:13","date_gmt":"2017-08-22T12:39:13","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10645"},"modified":"2017-08-22T07:39:13","modified_gmt":"2017-08-22T12:39:13","slug":"before-the-open-aug-22-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10645","title":{"rendered":"Before the Open (Aug 22)"},"content":{"rendered":"

Good morning. Happy Tuesday.<\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Hong Kong, South Korea, Taiwan and Singapore did the best. Europe, Africa and the Middle East<\/strong> are mostly up. The UK, France, Germany, Denmark, South Africa, Switzerland, Hungary, the Netherlands, Israel, Sweden and Nigeria are doing well. Italy is weak. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n eBook: <\/strong>High Probability Setups for Stocks and Options<\/a>
\n—————<\/span>
\nThe dollar is up. Oil is flat; copper is up. Gold is down; silver is flat. Bonds are down. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n Alibaba (BABA +1.04%) was upgraded to ‘Overweight’ from ‘Neutral’ at Atlantic Equities LLP with a price target of $215.<\/span>
\n VMware (VMW +0.77%) was upgraded to ‘Buy’ from ‘Hold’ at Deutsche Bank.<\/span>
\n Tempur Sealy (TPX +0.39%) was upgraded to ‘Buy’ from ‘Hold’ a Stifel with a price target of $80.<\/span>
\n Hain Celestial (HAIN +0.24%) was downgraded to ‘Neutral’ from ‘Positive’ at Susquehanna Financial.<\/span>
\n Inversora Carso reported a 5.1% passive stake in PBF Logistics (PBFX -0.24%) .<\/span>
\n Estee Lauder (EL +0.53%) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $125.<\/span>
\n BHP Billiton Ltd (BHP +1.26%) reported full-year underlying profit of $6.7 billion, weaker than consensus of $7.3 billion, and said it was pursuing options to exit onshore U.S. assets.<\/span>
\n Nordson (NDSN +0.80%) sank 10% in after-hours trading after it forecast Q4 EPS of $1.18 to $1.32, well below consensus of $1.51.<\/span>
\n Fabrinet (FN -0.65%) fell nearly 4% in after-hours trading after it forecast Q1 revenue of $356 million-$360 million, below consensus of $375.6 million.<\/span>
\n Zayo Group Holdings (ZAYO -0.24%) dropped over 3% in after-hours trading after it reported Q4 adjusted Ebitda of $310.8 million, below consensus of $314.7 million.<\/span>
\n Premier Inc. (PINC -0.49%) slid over 2% in after-hours trading after it reported Q4 adjusted EPS of 50 cents, below consensus of 52 cents, and then said it sees full-year adjusted EPS of $1.98 to $2.09, weaker than consensus of $2.11.<\/span>
\n Tarena International (TEDU +3.27%) lost over 3% in after-hours trading after it cut its full-year revenue forecast to 1.92 to 2-billion yuan from a May 22 estimate of 1.99 to 2.07 billion yuan.<\/span>
\n Global Medical Reit (GMRE -1.75%) was downgraded to ‘Neutral’ from ‘Buy’ at D.A. Davidson.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:55 Redbook Chain Store Sales
\n 9:00 FHFA House Price Index
\n 10:00 Richmond Fed Mfg.<\/span><\/span><\/span><\/span>
\nOther<\/strong>…<\/span>
\ntoday’s upgrades\/downgrades<\/a> from briefing.com<\/span>
\nthis week’s Earnings<\/a><\/span> from Morningstar
\nthis week’s Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Tuesday. The Asian\/Pacific markets closed mostly up. Hong Kong, South Korea, Taiwan and Singapore did the best. Europe, Africa and the Middle East are mostly up. The UK, France, Germany, Denmark, South Africa, Switzerland, Hungary, the Netherlands, Israel, Sweden and Nigeria are doing well. Italy is weak. Futures in the States point […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10645"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10645"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10645\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}