{"id":10899,"date":"2017-10-24T07:35:44","date_gmt":"2017-10-24T12:35:44","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10899"},"modified":"2017-10-24T07:35:44","modified_gmt":"2017-10-24T12:35:44","slug":"before-the-open-oct-24-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10899","title":{"rendered":"Before the Open (Oct 24)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets leaned to the downside. Japan and Thailand did well; Hong Kong, Malaysia, Singapore and the Philippines closed down. Europe, Africa and the Middle East<\/strong> are currently split. France, the UAE, Spain and Italy are up; Poland, Denmark and Sweden are down. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>There’s a Bull Market Somewhere<\/a>
\n—————<\/span>
\n The dollar is flat. Oil and copper are up. Gold and silver are down. Bonds are down. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n American Express (AXP +0.31%) was upgraded to ‘Neutral’ from ‘Underweight’ at Atlantic Equities LLP with a price target of $100.<\/span>
\n Hasbro (HAS -8.60%) was upgraded to ‘Overweight’ from ‘Equal-Weight’ at Barclays with a price target of $110.<\/span>
\n BroadSoft (BSFT +1.67%) was downgraded to ‘Outperform’ from ‘Strong Buy’ at Raymond James.<\/span>
\n Regeneron (REGN -0.05%) was assumed at Guggenheim Securities with a ‘Buy’ recommendation of with a price target of $540.<\/span>
\n Seattle Genetics (SGEN -2.33%) was assumed at Guggenheim Securities with a ‘Buy’ recommendation with a 12-month target price of $72.<\/span>
\n Intercept Pharmaceuticals (ICPT -1.87%) rose 3% in after-hours trading after it said the results from a Phase 2 trial of its OCA daily treatment of primary sclerosing cholangitis met their primary endpoint.<\/span>
\n Whirlpool (WHR +0.02%) tumbled over 6% in after-hours trading after it reported Q3 net sales of $5.42 billion, weaker than consensus of $5.51 billion, and then cut its full-year EPS estimate to $13.60 to $13.90 from a prior view of $14.50 to $15, well below consensus of $14.62.<\/span>
\n Core Laboratories NV (CLB -1.94%) climbed almost 4% in after-hours trading after it reported Q3 revenue of $166.2 million, above consensus of $161 million.<\/span>
\n HNI Corp. (HNI -1.33%) sank 16% in after-hours trading after it said it sees Q4 adjusted EPS of 38 cents-45 cents, well below consensus of 96 cents, and then said it sees full-year adjusted EPS of $2.15-$2.65, weaker than consensus of $2.98.<\/span>
\n Knoll (KNL -0.10%) rallied over 12% in after-hours trading after it reported Q3 EPS of 39 cents, better than consensus of 35 cents.<\/span>
\n uniQure NV (QURE -3.89%) fell nearly 4% in after-hours trading after it announced that it had commenced an underwritten public offering of 5 million shares of its common stock.<\/span>
\n Corbus Pharmaceuticals (CRBP -4.76%) dropped almost 5% in after-hours trading after it launched a secondary offing of $30 million in shares of its common stock at $7 a share.<\/span>
\n Immune Design (IMDZ unch) slumped 18% in after-hours trading after it announced that it plans to sell up to 16 million shares of its common stock in an underwritten public offering.<\/span>
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\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
\n—————<\/span>
\n Monday’s Key Earnings<\/strong>
\n Arconic (NYSE:ARNC) -10.4% missing earnings, new CEO.
\n Halliburton (NYSE:HAL) -2.5% warning of slower growth.
\n Kimberly Clark (NYSE:KMB) -0.8% on mixed results.
\n Seagate (NASDAQ:STX) +12.6% seeing signs of a turnaround.
\n Whirlpool (NYSE:WHR) -7.4% AH cutting its guidance.<\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:55 Redbook Chain Store Sales
\n 9:45 PMI Composite Flash
\n 10:00 Richmond Fed Mfg.
\n 1:00 PM Results of $26B, 2-Year Note Auction<\/span><\/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 leaned to the downside. Japan and Thailand did well; Hong Kong, Malaysia, Singapore and the Philippines closed down. Europe, Africa and the Middle East are currently split. France, the UAE, Spain and Italy are up; Poland, Denmark and Sweden are down. Futures in the States point towards a […]<\/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\/10899"}],"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=10899"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10899\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}