Showing posts with label BKE. Show all posts
Showing posts with label BKE. Show all posts

Friday, March 11, 2016

MORNING CALL 3/11

MORNING CALL
OVERNIGHT MARKETS AND NEWS
March E-mini S&Ps (ESH16 +0.93%) are up +0.98% at a 2-month high and European stocks are up +2.97%. Bank stocks are higher with Goldman Sachs and Morgan Stanley both up at least 1.5% in pre-market trading, while a +2.30% jump in the price of crude to a 3-month high gives energy producing stocks a lift. Crude oil received a boost after the IEA cut its 2016 non-OPEC crude production estimate by -150,000 bpd and said that "there are signs that prices might have bottomed out." Asian stocks settled higher: Japan +0.51%, Hong Kong +1.08%, China +0.20%, Taiwan +0.52%, Australia +0.32%, Singapore +0.70%, South Korea +0.22%, India +0.38%. China's Shanghai Composite recovered from a 1-week low and closed higher and gave Asian markets a lift after the PBOC strengthened its daily reference rate for the yuan by 0.34%, which fueled a rally in the yuan to a 2-1/4 month high against the dollar.
The dollar index (DXY00 +0.50%) is up +0.54%. EUR/USD (^EURUSD) is down -0.62%. USD/JPY (^USDJPY) is up +0.49%.
Jun T-note prices (ZNM16 -0.15%) are down -5 ticks.
The IEA cut its 2016 non-OPEC crude production estimate to 750,000 bpd, down -150,000 from 900,000 bpd estimated last month, and said that "there are signs that prices might have bottomed out."
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Feb import price index (expected -0.7% m/m and -6.5% y/y, Jan -1.1% m/m and -6.2% y/y).
None of the Russell 1000 companies report earnings today.
U.S. IPO's scheduled to price today: none.
Equity conferences this week include: none.


OVERNIGHT U.S. STOCK MOVERS
Morgan Stanley (MS +0.16%) and Goldman Sachs Group (GS +0.74%) are both up over 1% in pre-market trading.
Ulta Salon Cosmetics & Fragrance (ULTA +2.75%) rallied over 12% in pre-market trading after it reported Q4 adjusted EPS of $1.69, above consensus of $1.54, and then raised guidance on Q1 EPS to $1.25-$1.30, higher than consensus of $1.22.
Wynn Resorts Ltd. (WYNN +3.07%) was downgraded to 'Neutral' from 'Buy' at Sterne Agee CRT.
Arctic Cat (ACAT +2.85%) was downgraded to 'Sell' from 'Hold' at Wunderlich Securities.
Zumiez (ZUMZ +2.10%) fell 8% in after-hours trading after it lowered guidance on Q1 sales to $172 million-$175 million, below consensus of $176.7 million.
Finisar (FNSR +0.07%) jumped over 8% in after-hours trading after it reported Q3 adjusted EPS of 25 cents, higher than consensus of 22 cents, and said it sees Q4 adjusted EPS of 22 cents-28 cents, above consensus of 21 cents.
El Pollo Loco Holdings (LOCO +1.54%) declined nearly 6% in after-hours trading after it said it sees 2016 pro-forma EPS of 70 cents-74 cents, at the lower end of consensus of 74 cents.
BioDelivery Sciences International (BDSI -8.11%) dropped over 5% in after-hours trading after it reported Q4 EPS of 19 cents, well below consensus of 55 cents.
Bojangles' (BOJA -0.20%) gained 6% in after-hours trading after it reported Q4 EPS of 22 cents, better than consensus of 19 cents, and then raised guidance on 2016 adjusted Ebitda to $83.5 million-$86.5 million, higher than consensus of $80.2 million.
Kratos Defense & Security Solutions (KTOS -2.90%) jumped over 6% in after-hours trading after it reported Q4 ongoing adjusted EPS of 2 cents, better than consensus of a -4 cent loss.
Sunrun (RUN +7.52%) plunged over 10% in after-hours trading after it reported Q4 revenue of $99.6 million, below consensus of $101.8 million.
Bonanza Creek Energy (BCEI -2.42%) slipped 5% in after-hours trading after it elected to draw down $209 million on its credit facility.
Strata Skin Sciences (SSKN +2.80%) catapulted up over 30% in after-hours trading after the FDA approved Strata's PMA supplement for the MelaFind System that aids in detection of melanoma.
MARKET COMMENTS
Mar E-mini S&Ps (ESH16 +0.93%) this morning are up +19.50 points (+0.98%) at a 2-month high. Thursday's closes: S&P 500 +0.02%, Dow Jones-0.03%, Nasdaq -0.15%. The S&P 500 on Thursday gave up early gains and fell to a 1-week low on global economic concerns after the ECB cut its Eurozone 2016 GDP forecast to +1.4% from +1.7% and ECB President Draghi said that risks to economic growth are still to the downside. Stocks were also undercut by weakness in energy producers after the price of crude fell. Stocks saw strength early on the -18,000 drop in U.S. weekly jobless claims and on the ECB's interest rate cut and QE expansion to 80 billion euros from 60 billion euros a month.
Jun 10-year T-notes (ZNM16 -0.15%) this morning are down -5 ticks. Thursday's closes: TYM6 -13.50, FVM6 -8.50. Jun T-notes on Thursday slid to a 1-1/4 month low and closed lower on the larger-than-expected drop in weekly U.S. jobless claims to a 4-3/4 month low and on negative carryover from a decline in German bund prices to a 1-1/4 month low.
The dollar index (DXY00 +0.50%) this morning is up +0.522 (+0.54%). EUR/USD ^EURUSD) is down -0.0069 (-0.62%). USD/JPY (^USDJPY) is up +0.56 (+0.49%). Thursday's closes: Dollar Index -1.107 (-1.14%), EUR/USD +0.0178 (+1.62%), USD/JPY -0.16 (-0.14%). The dollar index on Thursday whipsawed up to a 1-week high and then down to a 3-week low and closed lower. The dollar was undercut by strength in EUR/USD which recovered from a 5-week low and rallied up to a 3-week high when ECB President Draghi said that he "doesn’t anticipate" more rate cuts from the ECB. EUR/USD initially saw weakness after the ECB cut interest rates and expanded QE to 80 billion euros a month from 60 billion euros.
Apr WTI crude (CLJ16 +2.14%) this morning is up +87 cents (+2.30%) and Apr gasoline (RBJ16 +0.55%) is up +0.0079 (+0.55%). Thursday's closes: CLJ6 -0.45 (-1.18%), RBJ6 -0.0315 (-2.14%). Apr crude and gasoline on Thursday closed lower on reduced optimism about a freeze in crude production after Russian Energy Minister Novak said that a time and date for a meeting among major oil producers remains uncertain and on negative carryover from Wednesday's EIA data that showed an increase in EIA crude stockpiles to a record high 521.8 million bbl and the rise in oil inventories at Cushing, OK, the delivery point for WTI futures, to a record 66.9 million bbl.
GLOBAL EVENT CALENDAR03/11/2016
US0830 ETFeb import price index expected -0.7% m/m and -6.5% y/y, Jan -1.1% m/m and -6.2% y/y.
GER0200 ETRevised German Feb CPI (EU harmonized), previous +0.4% m/m and -0.2% y/y.
0200 ETGerman Feb wholesale price index, Jan -0.4% m/m and -1.0% y/y.
UK0430 ETUK Jan construction output expected +0.2% m/m and -1.7% y/y, Dec +1.5% m/m and +0.5% y/y.
U.S. STOCK CALENDAR03/11/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
Genesco IncGCO USBef-mktQ4 2016 Earnings ReleaseQ4 20162.134
Buckle Inc/TheBKE USBef-mktQ4 2016 Earnings ReleaseQ4 20161.073
Hibbett Sports IncHIBB USBef-mktQ4 2016 Earnings ReleaseQ4 20160.732
Progenics Pharmaceuticals IncPGNX USBef-mktQ4 2015 Earnings ReleaseQ4 2015-0.142
Kirkland's IncKIRK USBef-mktQ4 2016 Earnings ReleaseQ4 20160.898
Citi Trends IncCTRN USBef-mktQ4 2016 Earnings ReleaseQ4 20160.25
Straight Path Communications IncSTRP USBef-mktQ2 2016 Earnings ReleaseQ2 2016-0.07
Lifetime Brands IncLCUT US7:00Q4 2015 Earnings ReleaseQ4 20150.64
WW Grainger IncGWW US8:00February 2016 Sales and Revenue Call2016
WW Grainger IncGWW US8:00February 2016 Sales and Revenue Release2016
Public Service Enterprise Group IncPEG US8:00Financial Community Meeting
Providence Service Corp/ThePRSC US8:00Q4 2015 Earnings CallQ4 2015
Genesco IncGCO US8:30Q4 2016 Earnings CallQ4 2016
Progenics Pharmaceuticals IncPGNX US8:30Q4 2015 Earnings CallQ4 2015
Surgery Partners IncSGRY US8:30Q4 2015 Earnings CallQ4 2015
General Electric CoGE US9:00Investor Meeting - HealthcareY 2016
Citi Trends IncCTRN US9:00Q4 2016 Earnings CallQ4 2016
Gastar Exploration IncGST US9:30Q4 2015 Earnings CallQ4 2015
AEP Industries IncAEPI US10:00Q1 2016 Earnings CallQ1 2016
Buckle Inc/TheBKE US10:00Q4 2016 Earnings CallQ4 2016
Hibbett Sports IncHIBB US10:00Q4 2016 Earnings CallQ4 2016
Investors Real Estate TrustIRET US10:00Q3 2016 Earnings CallQ3 2016
Commercial Vehicle Group IncCVGI US10:00Q4 2015 Earnings CallQ4 2015
State National Cos IncSZTNZ US10:00Q4 2015 Earnings CallQ4 2015
Lifetime Brands IncLCUT US11:00Q4 2015 Earnings CallQ4 2015
Kirkland's IncKIRK US11:00Q4 2016 Earnings CallQ4 2016
Green Brick Partners IncGRBK US12:00Q4 2015 Earnings CallQ4 2015
Straight Path Communications IncSTRP US16:15Q2 2016 Earnings CallQ2 2016
Earthstone Energy IncESTE USAft-mktQ4 2015 Earnings ReleaseQ4 2015-0.125
Hallador Energy CoHNRG USAft-mktQ4 2015 Earnings ReleaseQ4 20150.18
Park-Ohio Holdings CorpPKOH USAft-mktQ4 2015 Earnings ReleaseQ4 20150.89
Equifax IncEFX USInvestor Meeting - New YorkY 2016
Valhi IncVHI USQ4 2015 Earnings ReleaseQ4 2015-0.04
EMCORE CorpEMKR USAnnual General Meeting
Tangoe IncTNGO USQ4 2015 Earnings ReleaseQ4 20150.035
Stemline Therapeutics IncSTML USQ4 2015 Earnings ReleaseQ4 2015-0.57
Carbylan Therapeutics IncCBYL USQ4 2015 Earnings ReleaseQ4 2015-0.247
Zynerba Pharmaceuticals IncZYNE USQ4 2015 Earnings ReleaseQ4 2015-0.625
Posted by Jim Van Meerten at No comments:
Labels: , , , , , , , , , , , , , , , , , , ,

Thursday, August 16, 2012

Barchart's Morning Call 8/13


Barchart Morning Call
BC - Thu Aug 16, 7:00AM CDT
Overnight Developments
  • Sep E-mini S&Ps this morning are up +0.14% and the Euro Stoxx 50 is down -0.08%. U.S. stocks are higher led by a 5.6% rally in Cisco Systems after the company late yesterday reported Q4 EPS of 47 cents, higher than estimates of 46 cents, and increased its quarterly dividend by 75% to 14 cents a share. Commodity prices are lower with Sep crude down -0.06% and Sep copper down -0.07%, while the grain markets are mixed with Dec corn up +0.22% and Nov soybeans down -0.14%. The dollar index this morning is up +0.10% at a 1-1/2 week high with EUR/USD down -0.07% and USD/JPY up +0.33% at a 1-month high. Sep T-notes are down -3 ticks at a 3-month low on reduced expectations for additional Fed stimulus.
  • Asian stocks today closed mixed: Japan +1.88%, Hong Kong -0.45%, China -0.51%, Taiwan +0.30%, Australia +1.14%, Singapore +0.03%, South Korea -0.01%, and India -0.40%.
  • Spain's 10-year bond yield fell 6 bp to a 1-month low of 6.55% after a person familiar with the matter said Spain is about to get an emergency disbursement from a 100 billion-euro bailout package.
  • U.K. July retail sales with auto fuel unexpectedly rose +0.3% m/m and +2.8% y/y, better than expectations of -0.1% m/m and +1.4% y/y.
  • Euro-Zone July CPI fell -0.5% m/m and rose +2.4% y/y, right on expectations.
  • Dallas Fed President Fisher said late Wednesday that he doesn't see a "high likelihood" of a recession next year and that he doesn't believe "any amount of monetary stimulus is going to deal with this uncertainty and inability of companies to budget, to plan" due to the lack of clarity in fiscal policy.
  • China July foreign direct investment fell -8.7% y/y to $7.58 billion, its lowest level in 2 years, which fuels concern that a slowdown in confidence in China's growth prospects may restrain any economic rebound.
  • The South Korean July unemployment rate unexpectedly dipped -0.1 to 3.1%, better than expectations of a +0.1 increase to 3.3% and its lowest level in 7 months.
    Market Comments
    • Sep E-mini S&Ps this morning are up +2.00 points (+0.14%) and the Euro Stoxx 50 is down -0.08%. The stock market on Wednesday fluctuated between gains and losses and finally settled mixed as strength in U.S. July industrial production and the Aug NAHB housing market index offset weakness in the Aug Empire manufacturing index and an increase in Q2 China non-performing loans: S&P 500 +0.11%, Dow Jones -0.06%, Nasdaq 100 +0.28%. Tame inflation was another positive for stocks as the smaller-than-expected +1.4% y/y increase in July CPI was its smallest annual gain in 20 months.
    • Sep 10-year T-notes this morning are down -3 ticks at a fresh 3-month low on reduced expectations of additional Fed stimulus. T-note prices on Wednesday fell for the third straight session as stronger-than-expected U.S. economic data on industrial production and housing signaled improvement in the economy that dampened speculation the Fed will need to provide additional monetary stimulus: TYU2 -18.0, FVU2 -7.2. The 10-year T-note yield jumped to a 3-month high of 1.811%.
    • The dollar index this morning is up +0.10%. EUR/USD is down -0.07% and USD/JPY is up +0.33% at a 1-month high. The dollar index on Wednesday closed higher as strong U.S. economic data on industrial production and housing dampened speculation the Fed will need to increase dollar negative stimulus measures to support the economy: Dollar index +0.162 (+0.20%), EUR/USD -0.08%, USD/JPY +0.54%. USD/JPY posted a 4-week high as an increase in the U.S. 10-year T-note yield to a 3-month high boosted the dollar's interest rate differentials versus the yen.
    • Sep WTI crude oil prices this morning are down 6 cents a barrel (-0.06%) and Sep gasoline is -0.0073 of a cent per gallon (-0.24%). Crude oil and gasoline prices on Wednesday closed higher after DOE weekly crude oil supplies fell a more than expected -3.70 million barrels a day to a 4-month low of 366.2 million barrels, while U.S. petroleum consumption for the week ended Aug 10 jumped 5.7% to a 9-month high of 20.03 million barrels a day: CLU2 +0.90 (+0.96%), RBU2 +0.0826 (+2.75%).
    • For the complete subscription version of this daily report (plus a 13-page big-picture weekly report), along with the earliest possible delivery in the morning, please visit http://www.barchart.com/register/crbfms_usmc.php
      Today's U.S. Earnings Reports Earnings reports (ranked by market cap): WMT-Wal-Mart (Consensus $1.17), GPS-The Gap (0.48), ROST-Ross Stores (0.81), DLTR-Dollar Tree (0.47), PRGO-Perrigo (1.27), AVGO-Avago Technologies Ltd. (0.66), MRVL-Marvell Technology Group Ltd. (0.27), SHLD-Sears Holdings (-0.86), BRCD-Brocade Communication Systems (0.12), GME-GameStop (0.15), BKE-The Buckle (0.49), ARO-Aeropostale (0.01), PLCE-Children's Place Retail Stores (-0.66), SFUN-SouFun Holdings Ltd. (0.41), DRYS-DryShips (0.05).
      Global Financial Calendar
      Thursday 8/16/12
      United States
      0830 ET Weekly initial unemployment claims expected +4,000 to 365,000, previous -6,000 to 361,000. Weekly continuing claims expected -27,000 to 3.305 million, previous +53,000 to 3.332 million .
      0830 ET July housing starts expected -0.4% to 757,000, June +6.9% to 760,000. July building permits expected +1.3% to 770,000, June -3.1% to 760,000.
      0830 ET USDA weekly exports.
      1000 ET Aug Philadelphia Fed manufacturing index expected +7.9 to -5.0, July +3.7 to -12.9.
      1030 ET DOE natural gas storage.
      1100 ET Treasury announces amount of 5-year TIPS (previous $16 billion) to be auctioned Aug 23.
      1630 ET Weekly money supply report and Fed balance sheet.
      Japan
      0000 ET Tokyo July condo sales, June +16.4% y/y.
      United Kingdom
      0430 ET UK July retail sales with auto fuel expected -0.1% m/m and +1,4% y/y, June +0.1% m/m and +1.6% y/y. July retail sales ex-auto fuel expected -0.2% m/m and +2/0% y/y, June +0.3% m/m and +2.2% y/y.
      Euro-Zone
      0500 ET Eurozone July CPI expected -0.5% m/m and +2.4% y/y, June -0.1% m/m. July core CPI expected +1.7% y/y, June +1.6% y/y.
      CHI
      2130 ET China July industrial profits, June -2.2% y/y.
      Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
Posted by Jim Van Meerten at No comments:
Labels: , , , , , , , , , , , , , ,

Thursday, March 8, 2012

Barchart Morning Call 3/8

Barchart Morning Call
Barchart.com - 2 hrs 28 mins ago
Overnight Developments
  • Global stocks this morning are higher with the Euro Stoxx 50 up +1.27% and Mar S&Ps up +11.90 points. Treasuries, bunds and the dollar weakened as stocks and commodities rose on speculation Greece will attract enough investors to make its debt-swap plan a success. The yield on the Italian 10-year bond fell to a 9-month low of 4.75% as investors with about 60% of the Greek bonds eligible for the nation's debt swap indicated a willingness to participate. Another positive for stocks and commodities was the strength in Jan German industrial production which rose +1.6% m/m and +1.8% y/y, stronger than expectations of +1.1% m/m and +1.1% y/y. On the negative side, the Feb Bank of France business sentiment unexpectedly fell -1 point to 95 and matched its lowest level in 2-1/2 years. As expected, the BOE maintained its benchmark rate at 0.50% and kept its asset purchase target at 325 billion pounds.
  • Asian stocks today closed higher with Japan up +2.01%, China +1.26%, Australia +0.66%, South Korea +0.96%, India closed for holiday. Asian stocks closed higher after Japan's economy contracted less than originally estimated and as Greece moved closer to completing its debt swap. The yen weakened against the dollar and boosted Japanese exporters after the Jan Japan current-account deficit was reported at -437.3 billion yen, wider than expectations of a -320 billion-yen deficit and the biggest shortfall since data began in 1985. Higher-than-estimated capital spending was responsible for an upward revision of Q4 Japan GDP to -0.2% q/q and -0.7% y/y from the originally reported -0.6% q/q and -2.3% y/y. Chinese stocks finished higher on speculation the government will increase efforts to stimulate the economy even after Standard & Poor's warned that Chinese home prices may fall 10% by June from a year earlier and that property developers face more credit rating downgrades over the next 6 months as refinancing risks increase.
Overnight U.S. Stock News
  • March S&Ps this morning are trading up +11.90 points. The U.S. stock market Wednesday rallied after a private report showed U.S. companies increased hiring last month along with reduced Greek default concerns as more investors signed on to a Greek debt swap deal: Dow Jones +0.61%, S&P 500 +0.69%, Nasdaq Composite +0.87%. Bullish factors Wednesday included (1) optimism that the U.S. labor market will continue to strengthen after the Feb ADP employment change rose +216,000, slightly above expectations of +215,000 and after December's ADP increase was revised up to +173,000 from the originally reported +170,000, (2) reduced Greek default concerns after investors with 58% of the Greek bonds eligible for the debt-swap program indicated they'll agree to terms of the bond exchange, and (3) the larger-than-expected increase in Jan U.S. consumer credit (+$17.776 billion, larger than expectations of +$10.800 billion).
  • Bearish factors Wednesday centered on global economic concerns after (1) Q4 Australian GDP rose +0.4% q/q, weaker than expectations of +0.8% q/q, (2) Jan German factory orders unexpectedly fell -2.7% m/m, weaker than expectations of a +0.6% m/m increase, and (3) after Chinese Commerce Minister Chen Deming said China's exports rose about 7% over the first two months of this year, which signals Feb China exports, to be released on Mar 10, will be less than the +32% y/y gain expected.
Today's Market Focus
  • June 10-year T-notes this morning are down -5.5 ticks. T-note prices Wednesday settled lower as an increase in private hiring in the Feb ADP employment change bolstered optimism in the U.S. economic outlook and reduced the safe-haven demand for Treasuries: TYM2 -6.5, FVM2 -5.0, EDU2 +0.5. Bearish factors Wednesday included (1) the +216,000 gain in the Feb ADP employment change, slightly above expectations of +215,000 and as December's ADP increase was revised up to +173,000 from the originally reported +170,000, and (2) decreased safe-haven demand for Treasuries after the stock market rallied on expectations Greece will be able to complete its debt swap as more investors of Greek debt signed on to the offer. Bullish factors included (1) the Fed's purchase of $1.969 billion of Treasuries as part of its Operation Twist program to replace $400 billion of short-term debt in its portfolio with longer-term Treasuries in an effort to keep borrowing costs low and (2) global economic concerns after Jan German factory orders unexpectedly declined and after Q4 Australian GDP expanded less than expected.
  • The dollar index this morning is lower with the dollar/yen +0.61 yen and the euro/dollar +1.14 cents. The dollar index Wednesday fell back from a 2-1/2 week high and settled lower on reduced safe-haven demand as stocks and EUR/USD rallied as more investors decided to accept the terms of the Greek debt-swap program: Dollar Index -0.154, USD/JPY +0.194, EUR/USD +0.00366. Bearish factors included (1) strength in EUR/USD after investors with 58% of the Greek bonds eligible for the debt-swap program indicated they'll agree to terms of the bond exchange, (2) reduced safe-haven demand for the dollar as stocks rallied, and (3) reduced dollar funding costs for European banks after the 3-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, fell to 65.5 bp below the euro interbank offered rate, a 7-month low. Bullish factors included (1) the unexpected decline in Jan German factory orders, which is euro negative and (2) concerns over a global economic slowdown, which boosts the safe-haven demand for the dollar, after Q4 Australian GDP rose +0.4% q/q, weaker than expectations of +0.8% q/q, and after Chinese Commerce Minister Chen Deming said China's exports rose about 7% over the first two months of this year, which signals Feb China exports, to be released on Mar 10, will be less than the +32% y/y gain expected.
  • Apr crude oil prices this morning are up +83 cents a barrel and Apr gasoline is +2.88 cents per gallon. Crude oil and gasoline prices Wednesday rebounded from early losses and settled higher as an increase in Greece's debt-swap program reduced Greek default concerns and boosted equities and optimism in the economic outlook and energy demand: CLJ12 +$1.46, RBJ +5.75. Apr crude posted a 2-week low but shed its losses and finished higher. Bullish factors included (1) the reversal in the dollar after the dollar index posted a 2-1/2 week high but erased its advance and closed lower, which boosts investment demand in commodities, (2) reduced concern that Greece will default and throw the global economy into chaos after more investors signed on to its debt-swap program, and (3) the strong Feb ADP employment change, which bodes well for continued economic growth and increased fuel demand. Bearish factors included (1) the smaller-than-expected decline in weekly DOE gasoline supplies (-396,000 bbl versus expectations of -1.75 million bbl), (2) the increase in weekly DOE crude stockpiles to a 5-3/4 month high (+832,000 bbl to 345.7 million bbl), and (3) concern that a slowdown in the global economy will reduce energy demand after Jan German factory orders unexpectedly declined and after Q4 Australian GDP rose less than expected.
Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap): ULTA-Ulta Salon Cosmetics & Fragrance (BEST earnings consensus $0.67), WSM-Williams-Sonoma (1.13), COO-Cooper Cos. (1.04), SFD-Smithfield Foods (0.65), FMCN-Focus Media Holding Ltd. (0.62), RENN-Renren (0.00), JW/A-John Wiley & Son. (0.94), NAV-Navistar International (-0.27), BKE-Buckle (1.15), ARO-Aeropostale (0.38), HMIN-Home Inns & Hotels Management (0.27), AREX-Approach Resources (0.22), ZUMZ-Zumiez (0.59), WX-WuXi PharmaTech Cayman (0.28), IILG-Interval Leisure Group (0.10).
Global Financial Calendar
Thursday 3/8/12
United States
0730 ET Feb Challenger job cuts, Jan +38.9% y/y.
0830 ET Weekly initial unemployment claims expected unchanged at 351,000, previous -2,000 to 351,000. Weekly continuing claims expected -2,000 to 3.400 million, previous -2,000 to 3.402 million.
1100 ET Treasury announces amounts of 3-year T-notes (previous $32 billion), 10-year T-notes (previous $24 billion) and 30-year T-bonds (previous $16 billion) to be auctioned Mar 12-14.
1630 ET Weekly money supply report and Fed balance sheet.
Japan
0000 ET Feb Japan eco watchers survey current expected +1.9 to 46.0, Jan -2.9 to 44.1. Feb eco watchers survey outlook, Jan +2.7 to 47.1.
0100 ET Feb Japan machine tool orders, Jan -6.9% y/y.
France
0130 ET Revised Q1 French payrolls expected no change at -0.2% q/q.
0230 ET Feb Bank of France business sentiment expected unchanged at 96, Jan unchanged at 96.
0245 ET Jan French trade balance expected -5.150 billion euros, Dec -4.993 billion euros.
Germany
0600 ET Jan German industrial production expected +1.1% m/m and +1.1% y/y, Dec -2.9% m/m and +0.9% y/y.
United Kingdom
0700 ET BOE announces interest rate decision (expected no change to the 0.50% benchmark rate) and asset purchase target (expected no change at 325 billion pounds).
Euro-Zone
0745 ET ECB announces interest rate decision (expected no change to the 1.00% 2-week refinancing rate).
0830 ET ECB President Mario Draghi speaks at monthly press conference.
Canada
0815 ET Feb Canada housing starts expected +200,000, Jan +198,000.
0830 ET Jan Canada new housing price index expected +0.1% m/m and +2.5% y/y, Dec +0.1% m/m and +2.5% y/y.
0900 ET BOC announces interest rate decision (expected no change to the 1.00% benchmark rate).
CHI
2030 ET Feb China CPI expected +3.4% y/y, Jan +4.5% y/y.
2030 ET Feb China PPI expected +0.1% y/y, Jan +0.7% y/y.

Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
Posted by Jim Van Meerten at No comments:
Labels: , , , , , , , , , , , , , ,
Subscribe to: Posts (Atom)