{"id":11499,"date":"2018-03-13T07:43:11","date_gmt":"2018-03-13T12:43:11","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11499"},"modified":"2018-03-13T07:43:11","modified_gmt":"2018-03-13T12:43:11","slug":"before-the-open-mar-13-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11499","title":{"rendered":"Before the Open (Mar 13)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Tuesday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed with a lean to the upside. Japan, South Korea and Taiwan did well; China, Indonesia and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are currently very quiet. Norway, Spain and Romania are doing well; otherwise the entire region has barely moved. Futures in the <strong>States<\/strong> point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/KbOcE84GkyY\">LeavittBrothers.net Overview<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Bitcoin is down. Oil and copper are down. Gold and silver are down. Bonds are flat. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Century Aluminum (CENX +3.28%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Cowen who said tariffs will alllow the company to bring &#8220;significant U.S. production capacity&#8221; back online.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nike (NKE +0.78%) was rated a new &#8216;Outperform&#8217; at Credit Suisse with a price target of $78.<\/span><br \/>\n<span style=\"font-size: medium;\"> T-Mobile (TMUS -1.07%) was rated a new &#8216;Buy&#8217; at Guggenheim Securities with a price target of $80.<\/span><br \/>\n<span style=\"font-size: medium;\"> Coupa Software (COUP +1.63%) rose 2% in after-hours trading after it reported Q4 revenue of $53.8 million, higher than consensus of $48.6 million, and said it sees Q1 revenue of $51.0 million to $51.5 million, better than consensus of $49.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Stitch Fix (SFIX +6.87%) fell 4% in after-hours trading after it said it sees Q3 adjusted Ebitda of $5 million to $10 million, weaker than consensus of $12.4 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Myriad Genetics (MYGN +1.38%) slid over 6% in after-hours trading after it said it received a subpoena from the U.S. Department of Health and Human Services and Office of Inspector General as part of an investigation into possible improper claims under Medicare and Medicaid.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kronos Worldwide (KRO +0.17%) dropped 9% in after-hours trading after it reported Q4 EPS of 41 cents, well below consensus of 54 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Evoqua Water Technologies (AQUA +3.03%) slipped almost 3% in after-hours trading after holder AEA Inventors was said to offer 17.5 million shares of AQUA stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> Amphastar Pharmaceuticals (AMPH +2.30%) gained 2% in after-hours trading after it reported Q4 adjusted EPS of 10 cents, much higher than consensus of 2 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tilly&#8217;s (TLYS +5.44%) tumbled nearly 14% in after-hours trading after it reported Q4 net sales of $164.3 million, below consensus of $166.3 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Akebia Therapeutics (AKBA -3.98%) jumped 11% in after-hours trading after it reported an unexpected Q4 EPS profit of 25 cents, better than consensus of a loss of -39 cents a share.<\/span><br \/>\n<span style=\"font-size: medium;\"> Commercial Vehicle Group (CVGI +1.00%) slumped 18% in after-hours trading after it reported Q4 revenue of $188.3 million, weaker than consensus of $191.0 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> National CineMedia (CMI -1.42%) lost almost 4% in after-hours trading after it reported Q4 revenue of $140.7 million, weaker than consensus of $144.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Proteostasis Therapeutics (PTI +0.49%) surged 30% in after-hours trading after the FDA granted breakthrough therapy designation for its PTI-428, its cystic fibrosis transmembrane conductance regulator amplifier.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 6:00 NFIB Small Business Optimism Index<br \/>\n<span style=\"font-size: medium;\"> 8:30 Consumer Price Index<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $13B, 30-Year Note Auction<\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Tuesday. The Asian\/Pacific markets closed with a lean to the upside. Japan, South Korea and Taiwan did well; China, Indonesia and the Philippines were weak. Europe, Africa and the Middle East are currently very quiet. Norway, Spain and Romania are doing well; otherwise the entire region has barely moved. Futures in the [&hellip;]<\/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\/11499"}],"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=11499"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11499\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}