Thu Jan 28 2016
Live Index (1398 articles)
Share

Live Index – Thu, 28 Jan 2016 Premarket

PREMARKET WORLD NEWS

March E-mini S&Ps (ESH16 +0.24%) are up +0.08% as a 12% jump in Facebook in pre-market trading leads technology stocks higher. Also, crude oil (CLH16 +0.03%) is up +0.40% at a 2-week high and is leading energy producers higher. European stocks fell back from a 2-week high and are down -1.85 % as a 4% decline in Roche leads European drug companies lower and a 3% drop in Deutsche Bank AG leads European bank stocks lower. Also, a bigger-than-expected decline in Eurozone Jan economic confidence to a 5-month low undercut equity prices. The weakness in European stocks gave Eurozone government debt prices a boost as the 10-year German bund yield tumbled to an 8-1/2 month low of 0.414%. Asian stocks settled mixed: Japan -0.71%, Hong Kong +0.75%, China -2.92%, Taiwan +0.70%, Australia +0.60%, Singapore +0.64%, South Korea +0.24%, India -0.09%. Asian shipbuilders declined and lead Chinese and Japanese equity markets lower after the Baltic Dry Index, a measure of commodity shipping costs, dropped to a 30-year low.

The dollar index (DXY00 unch) is down -0.06%. EUR/USD (^EURUSD) is up +0.20% at a 1-week high. USD/JPY (^USDJPY) is up +0.09%.

Mar T-note prices (ZNH16 unch) are little changed, down -0.5 of a tick.

Eurozone Jan economic confidence fell -1.7 to 105.0, weaker than expectations of -0.4 to 106.4 and a 5-month low.

UK Q4 GDP rose +0.5% q/q and +1.9% y/y, right on expectations.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly initial unemployment claims (expected -12,000 to 281,000, previous +10,000 to 293,000) and continuing claims (expected +10,000 to 2.218 million, previous 56,000 to 2.208 million), (2) Dec durable goods orders (expected -0.7% and -0.1% ex-transportation, Nov unch and unch ex-transportation), (3) Dec pending home sales (expected +0.9% m/m and +4.8% y/y, Nov -0.9% m/m and +5.1% y/y), (4) Jan Kansas City Fed manufacturing activity (expected -1 to -10, Dec -10 to -9), and (5) the Treasury’s auction of $ 29 billion 7-year T-notes.

There are 52 of the S&P 500 companies that report earnings today with notable reports including: Amazon (consensus $ 1.55), Microsoft (0.71), Visa (0.68), Caterpillar (0.69), Nasdaq (0.88), Ford (0.51), Time Warner Cable (1.77), PulteGroup (0.49), Abbott Labs (0.61).

U.S. IPO’s scheduled to price today: none.

Equity conferences during the remainder of this week: none.

 

 

 

 

 

 

PREMARKET U.S. STOCKS

Facebook (FB -2.97%) is up over 12% in pre-market trading after it reported Q4 adjusted EPS of 79 cents, above consensus of 68 cents.

Hallibuton (HAL +0.41%) was upgraded to ‘Buy’ from ‘Accumulate’ at KLR Group with a price target of $ 44.

Ford Motor (F -3.34%) reported Q4 adjusted EPS of 58 cents, better than consensus of 51 cents.

EBay (EBAY -0.86%) sank over 10% in after-hours trading after it lowered guidance on fiscal 2016 adjusted EPS to $ 1.82-$ 1.87, below consensus of $ 1.98, and said it sees Q1 adjusted EPS of 43 cents-45 cents, weaker than consensus of 48 cents.

Paypal (PYPL -1.19%) rose 5% in after-hours trading after it reported Q4 adjusted EPS of 36 cents, higher than consensus of 34 cents.

Juniper Networks (JNPR -0.41%) slumped over 9% in after-hours trading after it lowered guidance on Q1 adjusted EPS to 42 cents-46 cents, below consensus of 47 cents.

Discover Financial Services (DFS +0.68%) tumbled over 7% in after-hours trading after it reported Q4 EPS of $ 1.14, below consensus of $ 1.30.

SanDisk (SNDK +0.19%) gained over 1% in after-hours trading after it reported Q4 adjusted EPS of $ 1.26, higher than consensus of 90 cents.

Texas Instruments (TXN -0.06%) rose over 2% in after-hours trading after it reported Q4 GAAP EPS ex-benefits of 71 cents, above consensus of 69 cents.

United Rentals (URI -1.85%) sank over 10% in after-hours trading after it reported Q4 adjusted EPS of $ 2.19, below consensus of $ 2.33.

ServiceNow (NOW -3.32%) slumped over 12% in after-hours trading after it reported Q4 billings of $ 365.7 million, below forecasts of $ 370 million-$ 375 million, and said it sees 2016 revenue of $ 1.34 billion-$ 1.37 billion, below consensus of $ 1.37 billion.

Teradyne (TER +0.61%) jumped 10% in after-hours trading after it reported Q4 adjusted EPS of 13 cents, higher than consensus of 10 cents, and then raised guidance on Q1 EPS to 23 cents-29 cents, above consensus of 18 cents.

Mellanox Technologies (MLNX +0.46%) climbed over 6% in after-hours trading after it reported Q4 EPS of 90 cents, well above consensus of 70 cents.

InvenSense (INVN -5.78%) dropped 6% in after-hours trading after it lowered guidance on Q4 EPS to $ 0.00 to up 2 cents, below consensus of 12 cents.

 

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.24%) this morning are up +1.50 points (+0.08%). Wednesday’s closes: S&P 500 -1.09%, Dow Jones -1.38%, Nasdaq -2.48%. The S&P 500 on Wednesday closed lower on negative carryover from the -0.52% drop in China’s Shanghai Composite to a 13-3/4 month low, weakness in technology stocks after Apple fell by more than 6% on smaller-than-expected Q2 revenue indications, and some disappointment that the FOMC’s post-meeting statement was not more dovish.

Mar 10-year T-notes (ZNH16 unch) this morning are down -0.5 of a tick. Wednesday’s closes: TYH6 +8.50, FVH6 +4.75. Mar T-notes on Wednesday closed higher on the slide in stocks that boosted the safe-haven demand for T-notes, and the post-FOMC meeting statement said that the Fed was watching global developments closely and that it expects to raise interest rates at a “gradual” pace. Gains were limited after U.S. Dec new home sales rose at the fastest pace in 10 months.

The dollar index (DXY00 unch) this morning is down -0.059 (-0.06%). EUR/USD (^EURUSD) is up +0.0022 (+0.20%) at a 1-week high. USD/JPY (^USDJPY) is up +0.11 (+0.09%). Wednesday’s closes: Dollar Index -0.458 (-0.46%), EUR/USD +0.0023 (+0.21%), USD/JPY +0.26 (+0.22%). The dollar index on Wednesday closed lower as the post-FOMC meeting statement adopted more dovish language and as the rally in crude oil boosted the Canadian dollar to a 3-week high against the dollar.

Mar crude oil (CLH16 +0.03%) this morning is up +13 cents (+0.40%) and Mar gasoline (RBH16 +2.16%) is up +0.0200 (+1.87%). Wednesday’s closes: CLH6 +0.71 (+2.26%), RBH6 -0.0008 (+0.07%). Mar crude oil and gasoline on Wednesday closed higher as Mar gasoline recovered from a contract low. Crude oil prices were boosted by the weaker dollar and by the -771,000 bbl decline in crude oil supplies at Cushing, OK, the delivery point for WTI futures, the first decline in twelve weeks. Crude oil prices were undercut by the +8.38 million bbl surge in weekly EIA crude supplies and the +3.46 million bbl increase in weekly EIA gasoline stockpiles to 248.46 million bbl, more than expectations of +1.0 million bbl and a 15-3/4 year high.

GLOBAL EVENT CALENDAR01/28/2016
US 0830 ET Weekly initial unemployment claims expected -12,000 to 281,000, previous +10,000 to 293,000. Weekly continuing claims expected +10,000 to 2.218 million, previous -56,000 to 2.208 million.
0830 ET Dec durable goods orders expected -0.7% and -0.1% ex-transportation, Nov unch and unch ex-transportation. Dec capital goods orders non-defense ex aircraft & parts expected -0.2%, Nov -0.3%.
0830 ET USDA weekly Export Sales.
1000 ET Dec pending home sales expected +0.9% m/m and +4.8% y/y, Nov -0.9% m/m and +5.1% y/y.
1100 ET Jan Kansas City Fed manufacturing activity expected -1 to -10, Dec -10 to -9.
1300 ET Treasury auctions $ 29 billion 7-year T-notes.
GER 0200 ET German Dec import price index expected -1.1% m/m and -3.1% y/y, Nov -0.2% m/m and -3.5% y/y.
0800 ET German Jan CPI (EU harmonized) expected -1.0% m/m and +0.4% y/y, Dec unch m/m and +0.2% y/y.
UK 0430 ET UK Q4 GDP expected +0.5% q/q and +1.9% y/y, Q3 +0.4% q/q and +2.1% y/y.
0430 ET UK Nov index of services expected +0.2% m/m and +0.6% 3-mo/3-mo, Oct +0.1% m/m and +0.5% 3-mo/3-mo.
0600 ET UK Jan CBI reported sales expected -1 to 18, Dec 19.
1901 ET UK Jan Lloyds business barometer, Dec 45.
1905 ET UK Jan GfK consumer confidence expected -1 to 1, Dec 2.
EUR 0500 ET Eurozone Jan economic confidence expected -0.4 to 106.4, Dec 106.8. Jan business climate indicator expected 0.1 to 0.40, Dec 0.41.
0500 ET Revised Eurozone Jan consumer confidence, preliminary -0.6 to -6.3.
JPN 1830 ET Japan Dec overall household spending expected -2.5% y/y, Nov -2.9% y/y.
1830 ET Japan Dec jobless rate expected unch at 3.3%. Dec job-to-applicant ratio expected +0.01 to 1.26, Nov 1.25.
1830 ET Japan Dec national CPI expected +0.2% y/y, Nov +0.3% y/y. Dec national CPI ex-fresh food expected +0.1% y/y, Nov +0.1% y/y. Dec national CPI ex food & energy expected +0.9% y/y, Nov +0.9% y/y.
1830 ET Japan Jan Tokyo CPI expected unch y/y, Dec unch y/y. Jan Tokyo CPI ex-fresh food expected +0.1% y/y, Dec +0.1% y/y. Jan Tokyo CPI ex food & energy expected +0.6% y/y, Dec +0.6% y/y.
1850 ET Japan Dec industrial production expected -0.3% m/m and -0.6% y/y, Nov -1.0% m/m and +1.6% y/y.
2300 ET Japan Dec vehicle production, Nov +6.0% y/y.
U.S. STOCK CALENDAR01/28/2016
Company Ticker Time Event Description Period Estimate
Abbott Laboratories ABT US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.609
Airgas Inc ARG US Bef-mkt Q3 2016 Earnings Release Q3 2016 1.172
American Electric Power Co Inc AEP US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.496
Baker Hughes Inc BHI US Bef-mkt Q4 2015 Earnings Release Q4 2015 -0.1
Ball Corp BLL US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.746
Bristol-Myers Squibb Co BMY US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.286
Harley-Davidson Inc HOG US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.204
Helmerich & Payne Inc HP US Bef-mkt Q1 2016 Earnings Release Q1 2016 -0.072
Hershey Co/The HSY US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.049
Johnson Controls Inc JCI US Bef-mkt Q1 2016 Earnings Release Q1 2016 0.819
Eli Lilly & Co LLY US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.783
Northrop Grumman Corp NOC US Bef-mkt Q4 2015 Earnings Release Q4 2015 2.008
Nucor Corp NUE US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.226
PulteGroup Inc PHM US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.487
Raytheon Co RTN US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.824
Stanley Black & Decker Inc SWK US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.762
Thermo Fisher Scientific Inc TMO US Bef-mkt Q4 2015 Earnings Release Q4 2015 2.108
McCormick & Co Inc/MD MKC US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.172
Celgene Corp CELG US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.18
AutoNation Inc AN US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.035
T Rowe Price Group Inc TROW US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.107
Quest Diagnostics Inc DGX US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.186
Valero Energy Corp VLO US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.464
L-3 Communications Holdings Inc LLL US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.987
Alliance Data Systems Corp ADS US Bef-mkt Q4 2015 Earnings Release Q4 2015 4.104
Time Warner Cable Inc TWC US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.768
Xcel Energy Inc XEL US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.402
Mead Johnson Nutrition Co MJN US Bef-mkt Q4 2015 Earnings Release Q4 2015 0.726
HCA Holdings Inc HCA US Bef-mkt Q4 2015 Earnings Release Q4 2015 1.514
Ford Motor Co F US 7:00 Q4 2015 Earnings Release Q4 2015 0.51
Altria Group Inc MO US 7:00 Q4 2015 Earnings Release Q4 2015 0.68
Sherwin-Williams Co/The SHW US 7:00 Q4 2015 Earnings Release Q4 2015 1.869
Invesco Ltd IVZ US 7:00 Q4 2015 Earnings Release Q4 2015 0.604
Nasdaq Inc NDAQ US 7:00 Q4 2015 Earnings Release Q4 2015 0.881
Under Armour Inc UA US 7:15 Q4 2015 Earnings Release Q4 2015 0.46
Caterpillar Inc CAT US 7:30 Q4 2015 Earnings Release Q4 2015 0.688
NextEra Energy Inc NEE US 7:30 Q4 2015 Earnings Release Q4 2015 1.076
McCormick & Co Inc/MD MKC US 7:30 Q4 2015 Earnings Call Q4 2015
Zimmer Biomet Holdings Inc ZBH US 7:30 Q4 2015 Earnings Release Q4 2015 2.041
Harman International Industries Inc HAR US 8:00 Q2 2016 Earnings Release Q2 2016 1.727
Stanley Black & Decker Inc SWK US 8:00 Q4 2015 Earnings Call Q4 2015
Crown Castle International Corp CCI US 8:00 Q4 2015 Earnings Call Q4 2015
Nasdaq Inc NDAQ US 8:00 Q4 2015 Earnings Call Q4 2015
Zimmer Biomet Holdings Inc ZBH US 8:00 Q4 2015 Earnings Call Q4 2015
Hershey Co/The HSY US 8:30 Q4 2015 Earnings Call Q4 2015
PulteGroup Inc PHM US 8:30 Q4 2015 Earnings Call Q4 2015
Thermo Fisher Scientific Inc TMO US 8:30 Q4 2015 Earnings Call Q4 2015
Quest Diagnostics Inc DGX US 8:30 Q4 2015 Earnings Call Q4 2015
Alliance Data Systems Corp ADS US 8:30 Q4 2015 Earnings Call Q4 2015
Time Warner Cable Inc TWC US 8:30 Q4 2015 Earnings Call Q4 2015
Under Armour Inc UA US 8:30 Q4 2015 Earnings Call Q4 2015
Abbott Laboratories ABT US 9:00 Q4 2015 Earnings Call Q4 2015
American Electric Power Co Inc AEP US 9:00 Q4 2015 Earnings Call Q4 2015
Ford Motor Co F US 9:00 Q4 2015 Earnings Call Q4 2015
NextEra Energy Inc NEE US 9:00 Q4 2015 Earnings Call Q4 2015
Harley-Davidson Inc HOG US 9:00 Q4 2015 Earnings Call Q4 2015
Eli Lilly & Co LLY US 9:00 Q4 2015 Earnings Call Q4 2015
Altria Group Inc MO US 9:00 Q4 2015 Earnings Call Q4 2015
Raytheon Co RTN US 9:00 Q4 2015 Earnings Call Q4 2015
Celgene Corp CELG US 9:00 Q4 2015 Earnings Call Q4 2015
Invesco Ltd IVZ US 9:00 Q4 2015 Earnings Call Q4 2015
Ameriprise Financial Inc AMP US 9:00 Q4 2015 Earnings Call Q4 2015
Mead Johnson Nutrition Co MJN US 9:30 Q4 2015 Earnings Call Q4 2015
Xcel Energy Inc XEL US 10:00 Q4 2015 Earnings Call Q4 2015
HCA Holdings Inc HCA US 10:00 Q4 2015 Earnings Call Q4 2015
Bristol-Myers Squibb Co BMY US 10:30 Q4 2015 Earnings Call Q4 2015
Ball Corp BLL US 11:00 Q4 2015 Earnings Call Q4 2015
Caterpillar Inc CAT US 11:00 Q4 2015 Earnings Call Q4 2015
Ford Motor Co F US 11:00 Q4 2015 Earnings Call – Fixed Income C4 2015
Harman International Industries Inc HAR US 11:00 Q2 2016 Earnings Call Q2 2016
Helmerich & Payne Inc HP US 11:00 Q1 2016 Earnings Call Q1 2016
Johnson Controls Inc JCI US 11:00 Q1 2016 Earnings Call Q1 2016
Sherwin-Williams Co/The SHW US 11:00 Q4 2015 Earnings Call Q4 2015
AutoNation Inc AN US 11:00 Q4 2015 Earnings Call Q4 2015
Valero Energy Corp VLO US 11:00 Q4 2015 Earnings Call C4 2015
Valero Energy Corp VLO US 11:00 Q4 2015 Earnings Call Q4 2015
L-3 Communications Holdings Inc LLL US 11:00 Q4 2015 Earnings Call Q4 2015
Northrop Grumman Corp NOC US 12:00 Q4 2015 Earnings Call Q4 2015
United Rentals Inc URI US 12:00 Q4 2015 Earnings Call Q4 2015
Murphy Oil Corp MUR US 13:00 Q4 2015 Earnings Call Q4 2015
Air Products & Chemicals Inc APD US 14:00 Annual General Meeting Y 2016
Nucor Corp NUE US 14:00 Q4 2015 Earnings Call Q4 2015
SL Green Realty Corp SLG US 14:00 Q4 2015 Earnings Call Q4 2015
Eastman Chemical Co EMN US 16:30 Q4 2015 Earnings Release Q4 2015 1.549
CR Bard Inc BCR US 17:00 Q4 2015 Earnings Call Q4 2015
Western Digital Corp WDC US 17:00 Q2 2016 Earnings Call Q2 2016
Amgen Inc AMGN US 17:00 Q4 2015 Earnings Call Q4 2015
Skyworks Solutions Inc SWKS US 17:00 Q1 2016 Earnings Call Q1 2016
Electronic Arts Inc EA US 17:00 Q3 2016 Earnings Call Q3 2016
Amazon.com Inc AMZN US 17:00 Q4 2015 Earnings Call Q4 2015
Visa Inc V US 17:00 Q1 2016 Earnings Call Q1 2016
CR Bard Inc BCR US Aft-mkt Q4 2015 Earnings Release Q4 2015 2.413
Western Digital Corp WDC US Aft-mkt Q2 2016 Earnings Release Q2 2016 1.54
Amgen Inc AMGN US Aft-mkt Q4 2015 Earnings Release Q4 2015 2.286
KLA-Tencor Corp KLAC US Aft-mkt Q2 2016 Earnings Release Q2 2016 0.855
Microsoft Corp MSFT US Aft-mkt Q2 2016 Earnings Release Q2 2016 0.71
Skyworks Solutions Inc SWKS US Aft-mkt Q1 2016 Earnings Release Q1 2016 1.583
Electronic Arts Inc EA US Aft-mkt Q3 2016 Earnings Release Q3 2016 1.811
Amazon.com Inc AMZN US Aft-mkt Q4 2015 Earnings Release Q4 2015 1.551
Visa Inc V US Aft-mkt Q1 2016 Earnings Release Q1 2016 0.681
WestRock Co WRK US Aft-mkt Q1 2016 Earnings Release Q1 2016 0.6
Microsoft Corp MSFT US 17:30 Q2 2016 Earnings Call Q2 2016
Jacobs Engineering Group Inc JEC US Annual General Meeting
Merck & Co Inc MRK US PDUFA, grazoprevir/elbasvir, hepatitis C (HCV)
Micron Technology Inc MU US Annual General Meeting
Cameron International Corp CAM US Q4 2015 Earnings Release Q4 2015 0.719
Broadcom Corp BRCM US Q4 2015 Earnings Release Q4 2015 0.711

Copyright (2016) © LiveIndex.org


Live Index

Live Index

Comments