{"id":11055,"date":"2017-12-12T08:36:25","date_gmt":"2017-12-12T13:36:25","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11055"},"modified":"2017-12-12T08:36:25","modified_gmt":"2017-12-12T13:36:25","slug":"before-the-open-dec-12-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11055","title":{"rendered":"Before the Open (Dec 12)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> market closed mostly down. Malaysia moved up, but China, Hong Kong, South Korea and India moved down. Europe, Africa and the Middle East<\/strong> currently lean to the upside. Poland, France, the UAE, Norway, Hungary, Portugal and the Netherlands are doing well while South Africa and Austria are weak. Futures in the States<\/strong> point towards a flat and mixed 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…
\n Boeing (BA -0.96%) gained over 1% in after-hours trading after it boosted its dividend by 20% to $1.71 a share from $1.42 a share and authorized a new $18 billion stock buyback plan to replace the $14 billion program they put in place a year ago.<\/span>
\n Adobe Systems (ADBE +0.43%) fell 1% in pre-market trading after it was downgraded to ‘Neutral’ from ‘Overweight’ at JPMorgan Chase.<\/span>
\n Casy’s General Stores (CASY -2.85%) dropped 4% in after-hours trading after it reported Q2 EPS of $1.28, weaker than consensus of $1.40.<\/span>
\n Hyatt Hotels (H -0.54%) lost over 1% in after-hours trading after a block of 2.7 million shares of Hyatt stock was offered at $71.00 to $71.25 via Morgan Stanley.<\/span>
\n Blueprint Medicines (BPMC +22.91%) fell nearly 3% in after-hours trading after it announced that it had commenced an underwritten public offering of $275 million in shares of its common stock.<\/span>
\n KMG Chemicals (KMG +0.25%) rose over 5% in after-hours trading after t reported Q1 adjusted EPS of 83 cents, better than consensus of 63 cents.<\/span>
\n Argenx SE (ARGX +78.88%) slid over 1% in after-hours trading after it said it was offering $150 million of American Depositary Share (ADRs).<\/span>
\n Until Corp. (UTL -0.80%) lost 2% in after-hours trading after it announced that it plans to make an underwritten public offering of 600,000 newly issued shares of common stock.<\/span>
\n Semtech (SMTC -1.62%) was initiated as a ‘Buy’ at Needham & Co. with a 12-month target price of $42.<\/span>
\n Agios Pharmaceuticals (AGIO +0.74%) gained 1% in after-hours trading after data from its Agios IGH-1 and IDH-2 inhibitors showed early signs of efficacy in acute myeloid leukemia.<\/span>
\n Peregrine Pharmaceuticals (PPHM +1.71%) slumped nearly 18% in after-hours trading after it reported cash and cash equivalents of $27.7 million as of Oct 31 versus $46.8 million April 30 and said it plans to raise additional capital within the next six months to support its continued operations.<\/span>
\n Oasis Petroleum (OAS unch) fell almost 3% in after-hours trading after it announced that it had commenced an underwritten public offering of 32 million shares of its common stock.<\/span>
\n Proteostasis Therapeutics (PTI -2.49%) soared 75% in after-hours trading after it said results from studies of its PTI-428, PTI-808 and PTI-801 met efficacy endpoints in patients with Cystic Fibrosis.<\/span>
\n—————
\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
\n—————<\/span>
\n Today’s Economic Calendar<\/strong>
\n FOMC meeting begins
\n 6:00 NFIB Small Business Optimism Index
\n 8:30 Producer Price Index
\n 8:55 Redbook Chain Store Sales
\n 1:00 PM Results of $12B, 30-Year Note Auction
\n 2:00 PM Treasury Budget<\/span><\/span><\/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 market closed mostly down. Malaysia moved up, but China, Hong Kong, South Korea and India moved down. Europe, Africa and the Middle East currently lean to the upside. Poland, France, the UAE, Norway, Hungary, Portugal and the Netherlands are doing well while South Africa and Austria are weak. Futures […]<\/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\/11055"}],"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=11055"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11055\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}