{"id":11427,"date":"2018-02-23T08:42:20","date_gmt":"2018-02-23T13:42:20","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11427"},"modified":"2018-02-23T08:42:20","modified_gmt":"2018-02-23T13:42:20","slug":"before-the-open-feb-23-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11427","title":{"rendered":"Before the Open (Feb 23)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up and with solid gains. Japan, China, Hong Kong, South Korea, India, Taiwan, Australia, Singapore and Thailand did very well. Europe, Africa and the Middle East<\/strong> are currently split and little moved. Turkey, South Africa, Russia and Norway are doing well; Hungary, Spain and Austria are weak. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>State of the Indicators<\/a>
\n—————<\/span>
\n The dollar is up. Bitcoin is up. Oil is flat; copper is down. Gold and silver are down. Bonds are up. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Blue Buffalo Pet Products (BUFF -1.95%) rallied 17% in pre-market trading after it was acquired by General Mills for $8 billion or $40 a share.<\/span>
\n HP Inc (HPQ +1.04%) jumped 8% in after-hours trading after it reported Q1 adjusted EPS of 48 cents, higher than consensus of 42 cents, and then raised guidance on fiscal 2018 adjusted EPS to $1.90 to $2.00 from a Nov 21 estimate of $1.75 to $1.85, above consensus of $1.81.<\/span>
\n Mercadolibre (MELI -1.03%) fell 3% in after-hours trading after it reported Q4 adjusted EPS of 20 cents, below consensus of 51 cents.<\/span>
\n Intuit (INTU -0.70%) lost over 2% in after-hours trading after it said it sees Q3 adjusted EPS of $4.57 to $4.62, below consensus of $4.68.<\/span>
\n Edison International (EIX +1.10%) rose almost 4% in after-hours trading after it reported Q4 core EPS of $1.10, higher than consensus of 92 cents.<\/span>
\n BJ’s Restaurants (BJRI +0.39%) rallied almost 8% in after-hours trading after it reported Q4 EPS of $1.12, well above consensus of 32 cents.<\/span>
\n Wingstop (WING +2.30%) dropped 9% in after-hours trading after it forecast full-year adjusted EPS of 75 cents, weaker than consensus of 87 cents<\/span>
\n Trade Desk (TTD -2.83%) rallied 11% in after-hours trading after it reported Q4 revenue of $102.6 million, above consensus of $101.7 million, and said it sees Q1 revenue of $73 million, better than consensus of $65 million.<\/span>
\n GoDaddy (GDDY -0.48%) rose nearly 4% in after-hours trading after it forecast Q1 revenue of $620 million to $625 million, better than consensus of $598.9 million.<\/span>
\n BioTelemetry (BEAT -3.64%) rallied over 8% in after-hours trading after it reported Q4 revenue of $91.7 million, above consensus of $88.3 million.<\/span>
\n Universal Display (OLED -0.45%) tumbled 12% in after-hours trading after it said it sees full-year revenue of $350 million to $380 million, weaker than consensus of $394.2 million.<\/span>
\n Acacia Communications (ACIA -3.68%) sank 10% in after-hours trading after it reported Q4 revenue of $86.6 million, weaker than consensus of $88.4 million, and then said it sees Q1 revenue of $67 million to $74 million, well below consensus of $93.2 million.<\/span>
\n Planet Fitness (PLNT -2.64%) jumped 9% in after-hours trading after it reported Q4 revenue of $134.0 million, better than consensus $131.2 million.<\/span>
\n First Solar (FSLR -0.63%) slid 3% in after-hours trading after it reported Q4 net sales of $339.2 million, below consensus of $435.6 million.<\/span>
\n Hewlett Packard Enterprise (HPE +0.98%) rallied 14% in after-hours trading after it reported Q1 adjusted EPS of 34 cents, above consensus of 22 cents, and said it sees Q2 adjusted EPS of 29 cents to 33 cents, better than consensus of 26 cents.<\/span>
\n Adamas Pharmaceuticals (ADMS +0.18%) fell nearly 5% in after-hours trading after it reported a Q4 loss of -$1.27 per share, weaker than consensus of -$1.15 a share.<\/span>
\n Immersion (IMMR +4.59%) jumped 10% in after-hours trading after it reported Q4 revenue of $6.9 million, better than consensus of $6.1 million, and said it sees 2018 revenue of $80 million to $95 million, well above consensus of $52.2 million.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n Apache (NYSE:APA) -6.3% after disappointing production guidance.
\n Chesapeake Energy (NYSE:CHK) +21.7% on higher output, lower costs.
\n First Solar (NASDAQ:FSLR) -2.4% AH as revenues slipped.
\n Herbalife (NYSE:HLF) -3.8% AH after a surprise GAAP loss.
\n Hewlett Packard Enterprise (NYSE:HPE) +12.1% AH topping estimates.
\n HP Inc. (NYSE:HPQ) +6.8% AH following upside guidance.
\n Newmont Mining (NYSE:NEM) -1.4% despite beating expectations.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 10:15 Fed’s Dudley: Monetary Policy
\n 10:15 Fed’s Rosengren speech
\n 1:00 PM Baker-Hughes Rig Count
\n 1:30 PM Fed’s Mester speech
\n 3:40 PM Fed’s Williams Speech<\/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 Friday. The Asian\/Pacific markets closed mostly up and with solid gains. Japan, China, Hong Kong, South Korea, India, Taiwan, Australia, Singapore and Thailand did very well. Europe, Africa and the Middle East are currently split and little moved. Turkey, South Africa, Russia and Norway are doing well; Hungary, Spain and Austria are […]<\/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\/11427"}],"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=11427"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11427\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}