{"id":11063,"date":"2017-12-14T08:44:58","date_gmt":"2017-12-14T13:44:58","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11063"},"modified":"2017-12-14T08:44:58","modified_gmt":"2017-12-14T13:44:58","slug":"before-the-open-dec-14-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11063","title":{"rendered":"Before the Open (Dec 14)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> closed with a lean to the upside. Malaysia, Indonesia and the Philippines moved up more than 1%; Thailand also did well. Singapore dropped 1%; Japan, China and South Korea also posted losses. Europe, Africa and the Middle East<\/strong> are currently mixed. Turkey and Greece are up more than 1%; Hungary and South Africa are also doing well. The UAE and Kenya are down more than 1%; Germany, Finland and Norway are also weak. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\nNew Podcast: <\/strong>with Desire To Trade<\/a>
\n—————<\/span>
\n The dollar is down slightly. Oil is down; copper is up. Gold and silver are up. Bonds are down. <\/span>
\nStock headlines<\/strong> from barchart.com…
\n Dr Pepper Snapple (DPS -0.42%) was rated a me ‘Buy’ at Deutsche Bank with a 12-month target price of $104.<\/span>
\n CBS (CBS -1.38%) was rated a new ‘Overweight’ at Stephens with a 12-month target price of $70.<\/span>
\n Nordson (NDSN +2.17%) rallied over 9% in after-hours trading after it reported Q4 adjusted EPS of $1.38, higher than consensus of $1.33, and then said it sees Q1 EPS of $1.29 to $1.39, well above consensus of 94 cents.<\/span>
\n Verizon (VZ -0.56%) was downgraded to ‘Hold’ from ‘Buy’ at HSBC.<\/span>
\n Floor & Decor (FND -0.35%) was rated a new ‘Buy’ at Stifel with a 12-month target price of $51.<\/span>
\n Twenty-First Century Fox (FOXA -3.96%) gained more than 1% in after-hours trading after the WSJ reported that Disney is likely to value Fox at just over $40 a share.<\/span>
\n Molson Coors (TAP -0.81%) was rated a new ‘Buy’ at Deutsche Bank with a 12-month target price of $89.<\/span>
\n Church & Dwight (CHD -0.54%) was rated a new ‘Buy’ at Deutsche Bank with a 12-month target price of $54.<\/span>
\n ABM Industries (ABM -0.18%) slumped 10% in after-hours trading after it said it sees full-year adjusted EPS from continuing operations of $1.70 to $1.80, below consensus of $2.04.<\/span>
\n Flexion Therapeutics (FLXN +3.38%) rose nearly 4% in after-hours trading after it entered into a definitive agreement with GeneQuine Biotherapeutics to acquire the global rights to the GQ-203 non-opioid osteoarthritis treatment.<\/span>
\n OneMain Holdings (OMF -3.02%) dropped 7% in after-hours trading after it reported holder Springleaf Financial Holdings was offering 7.5 million shares of OMF via Morgan Stanley.<\/span>
\n Bandwith (BAND +6.42%) rallied over 10% in after-hours trading after it reported Q3 continuing operations EPS of 11 cents, above consensus of 9 cents, and said it sees Q4 adjusted EPS of breakeven to up 1 cents\\, higher than consensus of -2 cent loss.<\/span>
\n Pier 1 Imports (PIR +6.96%) plunged over 20% in after-hours trading after it said it sees Q4 adjusted EPS of 16 cents to 24 cents, weaker than consensus of 38 cents, and said it sees full-year adjusted EPS of 17 cents to 25 cents, below consensus of 41 cents.<\/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 8:30 Initial Jobless Claims
\n 8:30 Import\/Export Prices
\n 8:30 Retail Sales
\n 9:45 Bloomberg Consumer Comfort Index
\n 9:45 PMI Composite Flash
\n 10:00 Business Inventories
\n 10:30 EIA Natural Gas Inventory
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific closed with a lean to the upside. Malaysia, Indonesia and the Philippines moved up more than 1%; Thailand also did well. Singapore dropped 1%; Japan, China and South Korea also posted losses. Europe, Africa and the Middle East are currently mixed. Turkey and Greece are up more than 1%; […]<\/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\/11063"}],"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=11063"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11063\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}