{"id":11037,"date":"2017-12-06T08:42:07","date_gmt":"2017-12-06T13:42:07","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11037"},"modified":"2017-12-06T08:42:07","modified_gmt":"2017-12-06T13:42:07","slug":"before-the-open-dec-6-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11037","title":{"rendered":"Before the Open (Dec 6)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly down. Hong Kong fell more than 2%; Japan, South Korea, Taiwan and Singapore dropped more than 1%; India and New Zealand were also weak. Indonesia did well. Europe, Africa and the Middle East<\/strong> are currently mostly down. Germany and Sweden are down more than 1%; Poland, France, South Africa, Norway, Spain, Belgium, Israel, Austria, Saudi Arabia and the Czech Republic are weak. Futures in the States<\/strong> point towards a down open for the cash market. <\/span>
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\n VIDEO: <\/strong>LeavittBrothers.net Overview<\/a>
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\n The dollar is down slightly. Oil is down; copper is up. Gold and silver are up. Bonds are up. <\/span>
\nStock headlines<\/strong> from barchart.com…
\n AutoZone (AZO +0.42%) was downgraded to ‘Neutral’ from ‘Buy’ at Guggenheim Securities.<\/span>
\n Brown & Brown (BRO -1.13%) was upgraded to ‘Buy’ from ‘Hold’ at SunTrust Robinson Humphrey.<\/span>
\n Veeva Systems (VEEV +0.91%) rose nearly 3% in after-hours trading after it reported Q3 adjusted EPS of 25 cents, above consensus of 22 cents, and then said it sees full-year adjusted EPS of 91 cents, better than consensus of 87 cents.<\/span>
\n Clovis Oncology (CLVS -2.73%) gained 2% in after-hours trading after it said it was granted priority view by the FDA on positive data from the Phase 3ARIEL3 clinical trial in which its rucaparib showed significant improved PMS in all ovarian cancer patients populations studied.<\/span>
\n HealthEquity (HQY -0.76%) lost 1% in after-hours trading after it said it sees full-year revenue of $225 million to $228 million, the mid-point below consensus of $227.1 million.<\/span>
\n Aerovironment (AVAV -1.70%) surged 20% in after-hours trading after it reported an unexpected Q2 EPS profit of 29 cents, better than consensus for a loss of -6 cents.<\/span>
\n Revance Therapeutics (RVNC +33.65%) fell 2% in after-hours trading after it announced a proposed underwritten public offering of $175 million in shares of its common stock.<\/span>
\n Dave & Buster’s Entertainment (PLAY -2.15%) jumped 5% in after-hours trading after it reported Q3 adjusted EPS of 27 cents, higher than consensus of 23 cents.<\/span>
\n Tronox Ltd (TROX -1.20%) slid 6% in after-hours trading after the U.S. Federal Trade Commission issued an administrative complaint challenging Tronox’s acquisition of Cristal’s titanium dioxide business, saying the deal would violate antitrust laws.<\/span>
\n AMC Entertainment Holdings (AMC +1.05%) rallied over 3% in after-hours trading after the CEO told CNBC that the company received six approaches for investment over the past 90 days.<\/span>
\n Funko (FNKO -4.22%) rose over 5% in after-hours trading after it reported Q3 adjusted Ebitda of $27 million, higher than consensus of $24.2 million.<\/span>
\n Snap (SNAP +10.10%) lost almost 2% in after-hours trading after Evercore ISI initiated coverage of the stock with a recommendation of ‘Underperform’ with a 12-month target price of $7.<\/span>
\n Bill Barrett Corp (BBG -3.87%) dropped 7% in after-hours trading after it offered 21 million shares of common stock via JPMorgan at $5.00-$5.20 a share.<\/span>
\n Liquidity Services (LQDT -1.71%) plunged 16% in after-hours trading after it reported a Q4 adjusted loss per share of -33 cents, wider than consensus of -26 cents.<\/span>
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\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:15 ADP Jobs Report
\n 8:30 Productivity and Costs
\n 10:30 EIA Petroleum Inventories<\/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 Wednesday. The Asian\/Pacific markets closed mostly down. Hong Kong fell more than 2%; Japan, South Korea, Taiwan and Singapore dropped more than 1%; India and New Zealand were also weak. Indonesia did well. Europe, Africa and the Middle East are currently mostly down. Germany and Sweden are down more than 1%; Poland, […]<\/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\/11037"}],"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=11037"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11037\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}