{"id":12064,"date":"2018-08-08T07:23:54","date_gmt":"2018-08-08T12:23:54","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12064"},"modified":"2018-08-08T07:23:54","modified_gmt":"2018-08-08T12:23:54","slug":"before-the-open-aug-8-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12064","title":{"rendered":"Before the Open (Aug 8)"},"content":{"rendered":"

Good morning. Happy Wednesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a lean to the upside, India, Taiwan, Malaysia, Thailand and the Philippines did well; China and Singapore posted losses. Europe, Africa and the Middle East<\/strong> are currently mixed. The UK, Poland, Turkey and South Africa are up; Denmark, Russia and Austria are down. Futures in the States<\/strong> point towards a flat-to-down open for the cash market. <\/span>
\n—————
\n ChartBook: <\/strong>List of ETFs<\/a>
\n—————<\/span>
\n The dollar is up. Oil and copper are down. Gold and silver are flat. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Disney (DIS +0.53%) slipped 3% in after-hours trading after it reported Q3 adjusted EPS of $1.87, below consensus of $1.94.<\/span>
\n Jazz Pharmaceuticals PLC (JAZZ +1.87%) lost nearly 4% in after-hours trading after it forecast full-year adjusted EPS of $12.75 to $13.25, the midpoint below consensus of $13.12.<\/span>
\n CF Industries Holdings (CF -0.79%) was upgraded to ‘Buy’ from ‘Hold’ at HSBA with a price target of $60.<\/span>
\n Papa John’s International (PZZA -2.98%) slumped 10% in after-hours trading after it reported Q2 systemwide international comparable sales unexpectedly fell -0.8%, weaker than expectations of a +2.0% increase.<\/span>
\n Andersons (ANDE +1.43%) may initially open lower this morning after it reported Q3 revenue of $911.4 million, weaker than consensus of $946.2 million.<\/span>
\n Beacon Roofing Supply (BECN +0.93%) tumbled 15% in after-hours trading after it reported Q3 adjusted EPS of $1.18, below consensus of $1.31.<\/span>
\n Match Group (MTCH)rallied 11% in after-hours trading after it reported Q2 operating income of $150.3 million, better than consensus of $136.4 million.<\/span>
\n Fossil Group (FOSL -8.20%) jumped 8% in after-hours trading after it reported Q2 revenue of $576.6 million, stronger than consensus of $562.0 million.<\/span>
\n Avis Budget Group (CAR +8.27%) fell almost 8% in after-hours trading after it reported Q2 adjusted EPS of 57 cents, below consensus of 59 cents, and then forecast full-year adjusted EPS of $3.00 to $3.85, the midpoint below consensus of $3.52.<\/span>
\n Boot Barn Holdings (BOOT -1.44%) climbed almost 5% in after-hours trading after it reported Q1 adjusted EPS of 24 cents, well above consensus of 12 cents.<\/span>
\n Applied Optoelectronics (AAOI -4.49%) surged more than 20% in after-hours trading after it reported Q2 adjusted EPS of 64 cents, stronger than consensus of 44 cents, and then forecast Q3 adjusted EPS of 54 cents to 75 cents, the midpoint above consensus of 64 cents.<\/span>
\n Two Harbors Investment (TWO -1.34%) climbed more than 3% in after-hours trading after it reported Q2 core EPS of 53 cents, better than consensus of 47 cents.<\/span>
\n Hostess Brands (TWNK -1.20%) dropped 10% in after-hours trading after it reported Q2 revenue of $215.8 million, weaker than consensus of $220.4 million.<\/span>
\n 3D Systems (DDD +1.65%) surged over 15% in after-hours trading after it reported Q2 revenue of $176.6 million, well above consensus of $166 million.<\/span>
\n Progenics (PGNX -0.11%) dropped more than 7% in after-hours trading after it announced that it is offering shares of its common stock in an underwritten public offering pursuant to an effective shelf registration statement.<\/span>
\n Tuesday’s Key Earnings<\/strong>
\n Disney (DIS) -0.5% AH amid increasing streaming fees.
\n Emerson Electric (NYSE:EMR) +4.3% after a guidance boost.
\n LendingClub (NYSE:LC) -2.4% AH amid rising costs.
\n Papa John’s (NASDAQ:PZZA) -10.5% AH as pizza sales fell.
\n Snap (NYSE:SNAP) +0.6% AH with a Saudi prince taking a stake.<\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 10:30 EIA Petroleum Inventories
\n 1:00 PM Results of $26B, 10-Year Note Auction<\/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 with a lean to the upside, India, Taiwan, Malaysia, Thailand and the Philippines did well; China and Singapore posted losses. Europe, Africa and the Middle East are currently mixed. The UK, Poland, Turkey and South Africa are up; Denmark, Russia and Austria are down. Futures in the […]<\/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\/12064"}],"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=12064"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12064\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}