Showing posts with label HDSN. Show all posts
Showing posts with label HDSN. Show all posts

Wednesday, August 3, 2016

MORNING CALL 8/3

MORNING CALL
OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU16 -0.22%) are down -0.20% ahead of data on U.S. Jul ADP employment. Losses in U.S. stock index futures were limited as energy producing stocks rose as the price of crude oil (CLU16 +0.38%) climbed +0.51% after API data late yesterday showed U.S. oil inventories fell by -1.34 million bbl. European stocks are down -0.01% at a 3-week low as automakers fell after tire manufacturer Continental AG dropped over 1% when it reported Q2 revenue that was below expectations. Losses in European stocks were contained after the Eurozone Jul Markit composite PMI unexpectedly accelerated to the highest in six months. Activity in European trading was muted ahead of tomorrow's BOE policy meeting that is expected to show the BOE boosting easing measures to contain the Brexit fallout. Asian stocks settled mostly lower: Japan -1.88%, Hong Kong -1.76%, China +0.24%, Taiwan -0.74%, Australia-1.35%, Singapore -1.02%, South Korea -1.30%, India -1.02%. Chinese stocks closed higher after brokerage-related stocks rallied after people familiar with the matter said that China's futures exchange is planning to relax trading restrictions it implemented last year after China's stock market rout. Japan's Nikkei Stock Index fell to a 3-week low as exporter stocks sold-off when USD/JPY tumbled to a 3-week low on disappointment over the size of Prime Minister Abe's stimulus package.
The dollar index (DXY00 +0.20%) is up +0.20%. EUR/USD (^EURUSD) is down -0.20%. USD/JPY (^USDJPY) is up +0.36%.
Sep T-note prices (ZNU16 -0.01%) are down -1 tick.
The Eurozone Jul Markit composite PMI was revised upward to 53.2 from the originally reported 52.9, the fastest pace of expansion in 6 months.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -11.2% with purchase sub-index -3.3% and refi sub-index -15.1%), (2) Jul ADP employment (expected +170,000, Jun +172,000), (3) revised-Jul Markit services PMI (expected +0.1 to 51.0, prelim-Jul -0.5 to 50.9), (4) Jul ISM non-manufacturing PMI (expected -0.5 to 56.0, Jun +3.6 to 56.5), (5) EIA Weekly Petroleum Status Report.
There are 29 of the S&P 500 companies that report earnings today with notable reports including: Time Warner (consensus $1.17), Marathon Oil (-0.25), Allstate (0.58), ICE (3.38), Humana (2.28), Prudential Financial (2.50), MetLife (1.35), First Solar (0.54). TripAdvisor (0.42).
U.S. IPO's scheduled to price today: At Home Group (HOME), Atomera (ATMR)
Equity conferences this week include: Wells Fargo Services Conference on Wed-Thu.
OVERNIGHT U.S. STOCK MOVERS
American International Group (AIG -0.13%) gained over 2% in pre-market trading after it reported Q2 operating EPS of 98 cents, higher than consensus of 92 cents, and then said it will add up to $3 billion to its stock buyback plan.
Verisk Analytics (VRSK -1.34%) lost over 4% in after-hours trading after it reported Q2 adjusted EPS continuing operations of 73 cents, below consensus of 76 cents.
Hanesbrands (HBI -3.39%) fell nearly 5% in after-hours trading after it reported Q2 adjusted EPS of 51 cents, weaker than consensus of 52 cents.
Phillips 66 (PSX +2.55%) was upgraded to 'Outperform' from 'Market Perform' at Cowen.
Fitbit (FIT -3.87%) rose over 5% in after-hours trading after it reported Q2 adjusted EPS of 12 cents, above consensus of 11 cents.
Qorvo (QRVO -3.18%) slid over 7% in after-hours trading after it reported fiscal-year Q1 gross margin of 48.2%, weaker than consensus of 50% and then said it sees fiscal-year Q2 gross margin of 47%, below consensus of 50.3%.
Community Health Systems (CYH -3.02%) dropped over 12% in after-hours trading after it reported Q2 adjusted EPS continuing operations of 9 cents, well below consensus of 56 cents, and then lowered its view of 2016 EPS continuing operations to $1.40-$1.90 from a prior view of $2.50-$2.80.
Hudson Technologies (HDSN +7.41%) gained over 3% in after-hours trading after it reported Q2 EPS of 14 cents, higher than consensus of 11 cents.
Oclaro (OCLR -3.99%) rose over 9% in after-hours trading after it reported Q4 adjusted EPS of 11 cents, better than consensus of 6 cents, and then forecast Q1 revenue of $126 million-$134 million, above consensus of $118.6 million.
Stone Energy (SGY -1.16%) sank 20% in after-hours trading after it reported a Q2 adjusted loss of -$7.45, a bigger loss than consensus of -$6.12.
Big 5 Sporting Goods (BGFV +1.65%) climbed nearly 10% in after-hours trading after it reported Q2 net sales of $241.4 million, above consensus of $239 million.
ZAGG Inc. (ZAGG -0.31%) jumped over 11% in after-hours trading after it reported Q2 adjusted EPS of 11 cents, well above consensus of 2 cents.
Cray (CRAY -0.92%) plunged 20% in after-hours trading after it reported a Q2 adjusted EPS loss of -29 cents, a wider loss than consensus of -2 cents, and then cut its fiscal 2016 revenue estimate to in the range of $650 million, well below consensus of $796 million.
MARKET COMMENTS
Sep E-mini S&Ps (ESU16 -0.22%) this morning are down -4.25 points (-0.20%). Tuesday's closes: S&P 500 -0.64%, Dow Jones -0.49%, Nasdaq -0.77%. The S&P on Tuesday tumbled to a 2-1/2 week low and closed lower on the weaker-than-expected +0.2% increase in U.S. Jun personal income (vs expectations of +0.3%) and weakness in energy producers due to the -1.37% drop in crude oil prices to a new 3-1/2 month low. Stocks were also undercut by long liquidation pressures after the +9.4% rally in the S&P 500 over the past month to Monday's all-time high.
Sep 10-year T-notes (ZNU16 -0.01%) this morning are down -1 tick. Tuesday's closes: TYU6 -8.00, FVU6 -3.00. Sep T-notes on Tuesday closed lower on negative carry-over from a slide in German bund prices after Eurozone Jun PPI rose more than expected and the +0.4% increase in U.S. Jun personal spending (stronger than expectations of +0.3%).
The dollar index (DXY00 +0.20%) this morning is up +0.187 (+0.20%). EUR/USD (^EURUSD) is down -0.0023 (-0.20%). USD/JPY (^USDJPY) is up +0.36 (+0.36%). Tuesday's closes: Dollar index -0.649 (-0.68%), EUR/USD +0.0061 (+0.55%), USD/JPY -1.50 (-1.46%). The dollar index on Tuesday dropped to a 1-1/4 month low and closed lower on strength in EUR/USD which rallied to a 1-1/4 month high after Eurozone Jun PPI rose +0.7% m/m, the largest monthly increase in 3-3/4 years, perhaps keeping the ECB from expanding stimulus measures. In addition, USD/JPY fell to a 3-week low on a yen rally generated by some disappointment that the Japanese government announced only 4.6 trillion yen ($45 billion) in extra spending for the current fiscal year as part of its fiscal stimulus package.
Sep WTI crude oil (CLU16 +0.38%) this morning is up +20 cents (+0.51%) and Sep gasoline (RBU16 -0.41%) is down -0.0037 (-0.38%). Tuesday's closes: CLU6 -0.55 (-1.37%), RBU6 +0.0080 (+0.61%). Sep crude oil and gasoline on Tuesday settled mixed with Sep crude at a 3-1/2 month low. Crude oil was undercut by increased OPEC output as OPEC July crude production rose +130,000 bpd to a record 33.24 million bpd. Gasoline received a boost from the fall in the dollar index to a 1-1/4-month low and on increased refinery demand for gasoline as the crack spread rose to a 1-month high.
GLOBAL EVENT CALENDAR08/03/2016
Wednesday, Aug 3
US0700 ETWeekly MBA mortgage applications, previous -11.2% with purchase sub-index -3.3% and refi sub-index -15.1%.
0815 ETJul ADP employment change expected +170,000, Jun +172,000.
0830 ETTreasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $20 billion) and 30-year T-bonds (previous $12 billion) to be auctioned Aug 9-11 in the Aug quarterly refunding.
0945 ETRevised Jul Markit services PMI expected +0.1 to 51.0; prelim-Jul -0.5 to 50.9. Revised Jul Markit composite PMI, prelim-Jul +0.3 to 51.5.
1000 ETJul ISM non-manufacturing PMI expected -0.5 to 56.0, Jun +3.6 to 56.5.
1030 ETEIA Weekly Petroleum Status Report.
Thursday, Aug 4
ThuUS0730 ETJul Challenge job cuts, Jun -14.1% y/y.
0830 ETWeekly initial unemployment claims expected -1,000 to 265,000, previous +14,000 to 266,000. Weekly continuing claims expected-9,000 to 2.130 million, previous +7,000 to 2.139 million.
0830 ETUSDA weekly Export Sales.
1000 ETJun factory orders expected -1.9% and -0.2% ex transportation, May -1.0% and +0.1% ex-transportation.
GER0330 ETGerman Jul Markit construction PMI, Jun 50.4.
UK0400 ETUK Jul new car registrations, Jun -0.8% y/y.
0700 ETBOE Quarterly inflation report.
0700 ETBOE announces interest rate decision and asset purchase target, expected -25 bp cut to the benchmark rate to 0.25% and the asset purchase target to remain unch at 375 billion pounds.
JPN2000 ETJapan Jun labor cash earnings expected +0.3% y/y, May -0.1%y/y. Jun real cash earnings, May +0.4% y/y.
U.S. STOCK CALENDAR08/03/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
Clorox Co/TheCLXBef-mktQ4 2016 Earnings ReleaseQ4 20161.277
Dominion Resources Inc/VADBef-mktQ2 2016 Earnings ReleaseQ2 20160.708
Noble Energy IncNBLBef-mktQ2 2016 Earnings ReleaseQ2 2016-0.286
Occidental Petroleum CorpOXYBef-mktQ2 2016 Earnings ReleaseQ2 2016-0.18
Time Warner IncTWXBef-mktQ2 2016 Earnings ReleaseQ2 20161.165
Xcel Energy IncXELBef-mktQ2 2016 Earnings ReleaseQ2 20160.404
Spectra Energy CorpSEBef-mktQ2 2016 Earnings ReleaseQ2 20160.266
Zoetis IncZTSBef-mktQ2 2016 Earnings ReleaseQ2 20160.444
Delphi Automotive PLCDLPH6:45Q2 2016 Earnings ReleaseQ2 20161.556
Humana IncHUM7:30Q2 2016 Earnings ReleaseQ2 20162.283
Intercontinental Exchange IncICE7:30Q2 2016 Earnings ReleaseQ2 20163.378
American International Group IncAIG8:00Q2 2016 Earnings CallQ2 2016
Time Warner IncTWX8:30Q2 2016 Earnings CallQ2 2016
Intercontinental Exchange IncICE8:30Q2 2016 Earnings CallQ2 2016
Verisk Analytics IncVRSK8:30Q2 2016 Earnings CallQ2 2016
Zoetis IncZTS8:30Q2 2016 Earnings CallQ2 2016
FMC CorpFMC9:00Q2 2016 Earnings CallQ2 2016
Spectra Energy CorpSE9:00Q2 2016 Earnings CallQ2 2016
Delphi Automotive PLCDLPH9:00Q2 2016 Earnings CallQ2 2016
Qorvo IncQRVO9:00Annual General Meeting
Concho Resources IncCXO9:30Q2 2016 Earnings CallQ2 2016
CA IncCA10:00Annual General Meeting
Dominion Resources Inc/VAD10:00Q2 2016 Earnings CallQ2 2016
Noble Energy IncNBL10:00Q2 2016 Earnings CallQ2 2016
Occidental Petroleum CorpOXY10:00Q2 2016 Earnings CallQ2 2016
ONEOK IncOKE10:00Q2 2016 Earnings CallQ2 2016
Xcel Energy IncXEL10:00Q2 2016 Earnings CallQ2 2016
Newfield Exploration CoNFX11:00Q2 2016 Earnings CallQ2 2016
Devon Energy CorpDVN11:00Q2 2016 Earnings CallQ2 2016
Clorox Co/TheCLX13:30Q4 2016 Earnings CallQ4 2016
Twenty-First Century Fox IncFOXA16:00Q4 2016 Earnings ReleaseQ4 20160.369
Allstate Corp/TheALL16:15Q2 2016 Earnings ReleaseQ2 20160.582
Twenty-First Century Fox IncFOXA16:30Q4 2016 Earnings CallQ4 2016
Western Union Co/TheWU16:30Q2 2016 Earnings CallQ2 2016
First Solar IncFSLR16:30Q2 2016 Earnings CallQ2 2016
CenturyLink IncCTL17:00Q2 2016 Earnings CallQ2 2016
CF Industries Holdings IncCF17:00Q2 2016 Earnings ReleaseQ2 20160.664
CenturyLink IncCTLAft-mktQ2 2016 Earnings ReleaseQ2 20160.595
Lincoln National CorpLNCAft-mktQ2 2016 Earnings ReleaseQ2 20161.563
Tesoro CorpTSOAft-mktQ2 2016 Earnings ReleaseQ2 20161.764
Marathon Oil CorpMROAft-mktQ2 2016 Earnings ReleaseQ2 2016-0.245
Transocean LtdRIGAft-mktQ2 2016 Earnings ReleaseQ2 2016-0.016
Albemarle CorpALBAft-mktQ2 2016 Earnings ReleaseQ2 20161.005
Prudential Financial IncPRUAft-mktQ2 2016 Earnings ReleaseQ2 20162.498
Western Union Co/TheWUAft-mktQ2 2016 Earnings ReleaseQ2 20160.401
MetLife IncMETAft-mktQ2 2016 Earnings ReleaseQ2 20161.349
Cimarex Energy CoXECAft-mktQ2 2016 Earnings ReleaseQ2 2016-0.012
Equinix IncEQIXAft-mktQ2 2016 Earnings ReleaseQ2 20162.998
First Solar IncFSLRAft-mktQ2 2016 Earnings ReleaseQ2 20160.543
TripAdvisor IncTRIPAft-mktQ2 2016 Earnings ReleaseQ2 20160.418
American Water Works Co IncAWKAft-mktQ2 2016 Earnings ReleaseQ2 20160.73
Equinix IncEQIX17:30Q2 2016 Earnings CallQ2 2016
Costco Wholesale CorpCOST21:00July 2016 Sales and Revenue Release2016
Equifax IncEFXInvestor MeetingY 2016
Leucadia National CorpLUKQ2 2016 Earnings ReleaseQ2 20160.13

Tuesday, June 17, 2014

BARCHART MORNING CALL 6/17

OVERNIGHT MARKETS AND NEWS
September E-mini S&Ps (ESU14 +0.16%) this morning are up +0.03% and European stocks are up +0.04% ahead of the 2-day FOMC meeting that begins today. Stock gains were limited on concern over escalation of violence in Iraq after insurgents attacked the city of Baquba, 34 miles north of Baghdad. The AP reports that the U.S. may send a limited number of special-forces troops into Iraq that would be involved in training rather than direct combat. Another negative for European stocks was an unexpected decline in German investor confidence for a sixth month. Asian stocks closed mixed: Japan +0.29%, Hong Kong -0.42%, China -1.01%, Taiwan +0.41%, Australia -0.22%, Singapore -0.48%, South Korea +0.39%, India +1.31%. Chinese stocks closed lower after foreign direct investment in China unexpectedly fell in May by the most in 16 months. Debt concerns in China have also increased after data from Standard & Poor's showed Chinese borrowers had $14.2 trillion in debt at the end of 2013, the most of any country including the U.S. which had $13.1 trillion in company obligations. Commodity prices are mixed. July crude oil (CLN14 -0.60%) is down -0.63% on speculation that signs of violence in Iraq may not affect its oil supply. July gasoline (RBN14 -0.13%) is down -0.14%. Aug gold (GCQ14 -0.82%) is down -0.79%. July copper (HGN14 +0.18%) is up +0.38%. Agriculture and livestock prices are mixed. The dollar index (DXY00 +0.03%) is up +0.03%. EUR/USD (^EURUSD) is down -0.06%. USD/JPY (^USDJPY) is up +0.15%. Sep T-note prices (ZNU14 -0.05%) are down -0.5 of a tick.
The German Jun ZEW survey of expectations for economic growth unexpectedly fell for a sixth month as it slipped -3.3 to 29.8, weaker than expectations of +1.9 to 35.0 and the lowest in 1-1/2 years. The Jun ZEW current situation survey unexpectedly rose +5.6 to 67.7, better than expectations of unch at 62.1 and the highest in 2-3/4 years.
Eurozone Q1 labor costs rose +0.9% y/y, the smallest increase since the data series began in 2009.
China May foreign direct investment unexpectedly fell -6.7% y/y, weaker than expectations of +3.2% y/y and the largest decline in 16 months.
UK May CPI unexpectedly fell -0.1% m/m and rose +1.5% y/y, less than expectations of +0.2% m/m and +1.7% y/y with the +1.5% y/y gain the smallest annual increase in 4-1/2 years. The May core CPI rose +1.6% y/y, less than expectations of +1.7% y/y and matched the smallest annual increase in 5 years.
U.S. STOCK PREVIEW
Today’s May CPI report is expected to be unchanged from April on a year-on-year basis at +2.0% y/y. Meanwhile, today’s May core CPI is expected to edge higher to +1.9% y/y from +1.8% in April. Today’s May housing starts report is expected to show a decline of -3.9% to 1.030 million following the +13.2% surge to 1.072 million seen in April. Meanwhile, today’s May building permits report is expected to show a decline of -0.9% to 1.050 million, giving back some ground after the +5.9% rise to 1.059 million seen in April. The FOMC at its 2-day meeting that begins today is unanimously expected to taper QE3 by another $10 billion to $35 billion. There are three of the Russell 1000 companies that report earnings today: John Wiley (consensus $0.68), FactSet (1.25), and Adobe (0.30).
Equity conferences this week include: Wall Street Journal CFO Network Annual Meeting on Mon-Tue, Canadian Telecom Summit 2014 on Mon-Wed, RBC Capital Markets Global Mining & Materials Conference on Tue, Sterne Agee Executive Summit on Tue, Deutsche Bank Global Consumer Conference on Tue-Wed, Wells Fargo Securities Healthcare Conference on Tue-Wed, Predictive Analytics World Conference on Tue-Thu, Jefferies Global Consumer Conference on Wed-Thu, Nomura Corporate Day on Wed, Citi CorpGlobal Water Conference on Thu, Goldman Sachs European Chemicals Vision Conference on Thu, J.P. Morgan Oil & Gas Corporate Access Day on Thu, Morgan Stanley China Industrials Summit on Thu, and Noia Conference 2014 on Thu.









OVERNIGHT U.S. STOCK MOVERS
SanDisk (SNDK +3.58%) was upgraded to 'Outperform' from 'Underperform' at CLSA.
The WSJ reports that AT&T (T -0.14%) will be the exclusive carrier for Amazon's (AMZN +0.41%) new smartphone.
Booz Allen (BAH -0.18%) was downgraded to 'Underperform' from 'Neutral' at BofA/Merrill.
Southwest (LUV -0.76%) was upgraded to 'Buy' from 'Hold' at Stifel with a price target of $30.
Domino's Pizza (DPZ -0.50%) was downgraded to 'Underperform' from 'Neutral' at BofA/Merrill.
Bloomberg reported that Apple (AAPL +1.01%) has defeated a patent infringement lawsuit over wireless network technology brought by Golden Bridge Technology.
DSW (DSW +0.22%) was upgraded to 'Buy' from 'Neutral' at Goldman Sachs.
SAB Capital Advisors reported a 6.1% passive stake in RCS Capital (RCAP +0.59%) .
Becker Drapkin reported a 8.7% passive stake in Hudson Technologies (HDSN +9.06%) .
Williams (WMB +18.74%) fell 1% in after-hours trading after it filed to sell $3 billion of common stock.
MARKET COMMENTS
Sep E-mini S&Ps (ESU14 +0.16%) this morning are up +0.50 of a point (+0.03%). The S&P 500 index on Monday closed higher. Bullish factors included (1) the unexpected +0.27 point increase in the Jun Empire manufacturing index to 19.28, better than expectations of -4.01 to 15.00 and the fastest pace of expansion in 4 years, and (2) the +0.6% increase in U.S. May industrial production, better than expectations of +0.5%. Bearish factors included (1) concern that escalation of violence in Iraq will force the U.S. to intervene, and (2) the IMF’s cut in its U.S. 2014 GDP forecast to 2.0% from April’s forecast of 2.8%. Closes: S&P 500 +0.08%, Dow Jones +0.03%, Nasdaq +0.12%.
Sep 10-year T-notes (ZNU14 -0.05%) this morning are down -0.5 of a tick. Sep 10-year T-note futures prices on Monday closed little changed. T-notes moved higher early in the session after the IMF lowered its U.S. 2014 growth forecast and said that “policy rates could afford to stay at zero for longer than the mid-2015 date currently foreseen by the markets.” T-notes fell back to near unchanged, though, on the stronger-than-expected Jun Empire manufacturing index and Jun NAHB housing market index. Closes: TYU4 +0.50, FVU4 -1.25.
The dollar index (DXY00 +0.03%) this morning is up +0.023 (+0.03%). EUR/USD (^EURUSD) is down -0.008 (-0.06%). USD/JPY (^USDJPY) is up +0.15 (+0.15%). The dollar index on Monday closed lower as the IMF downgraded its U.S. 2014 GDP forecast. EUR/USD rebounded from early losses and closed higher after Bloomberg reported that two unnamed ECB officials said that the ECB is likely to refrain from any additional stimulus in coming months as it reviews bank balance sheets. Closes: Dollar Index -1.105 (-0.13%), EUR/USD +0.00368 (+0.27%), USD/JPY -0.204 (-0.20%).
July WTI crude oil (CLN14 -0.60%) this morning is down -67 cents (-0.63%). July gasoline (RBN14 -0.13%) is down -0.0043 (-0.14%). July crude and gasoline prices on Monday settled mixed. Bullish factors included (1) a weaker dollar, and (2) the stronger-than-expected Jun Empire manufacturing index and May industrial production. Negative factors included (1) the IMF’s cut in its U.S. 2014 GDP forecast to +2.0% from April’s forecast of +2.8%, and (2) a lack of disruption thus far to oil exports from southern Iraq, where 75% of the country’s oil output comes from. Closes: CLN4 -0.18 (-0.17%) RBN4 +0.0163 (+0.53%).
GLOBAL EVENT CALENDAR06/17/2014
US0830 ETMay CPI expected +0.2% m/m and +2.0% y/y, Apr +0.3% m/m and +2.0% y/y. May CPI ex food & energy expected +0.2% m/m and +1.9% y/y, Apr +0.2% m/m and +1.8% y/y.
0830 ETMay housing starts expected -3.9% to 1.030 million, Apr +13.2% to 1.072 million. May building permits expected -0.9% to 1.050 million, Apr +5.9% to 1.059 million.
1030 ETFOMC begins 2-day meeting.
JPN0200 ETRevised Japan May machine tool orders.
1950 ETJapan May trade balance expected -1.189 trillion yen, Apr -811.7 billion yen. May exports expected -1.3% y/y, Apr +5.1% y/y. May imports expected +1.8% y/y, Apr +3.4% y/y.
EUR0200 ETEurozone May new car registrations, Apr +4.6% y/y.
0500 ETEurozone Q1 labor costs, Q4 +1.4% y/y.
UK0430 ETUK May CPI expected +0.2% m/m and +1.7% y/y, Apr +0.4% m/m and +1.8% y/y. May core CPI expected +1.7% y/y, Apr +2.0% y/y.
0430 ETUK May RPI expected +0.2% m/m and +2.5% y/y, Apr +0.4% m/m and +2.5% y/y. May RPI ex-mortgage interest payments expected +2.6% y/y, Apr +2.6% y/y.
0430 ETUK May PPI input prices expected -0.1% m/m and -4.3% y/y, Apr -1.1% m/m and -5.5% y/y. May PPI output prices expected +0.1% m/m and +0.7% y/y, Apr unch m/m and +0.6% y/y.
0430 ETUK May PPI output core prices expected +0.1% m/m and +1.1% y/y, Apr unch m/m and +1.0% y/y.
GER0500 ETGerman Jun ZEW survey of expectations for economic growth expected +1.9 to 35.0, May 33.1. Jun ZEW survey current situation expected unchanged at 62.1.
CHI2130 ETChina May property prices.
U.S. STOCK CALENDAR06/17/2014
Company NameTickerTimeEvent DescriptionPeriodEstimate
Multiple CompaniesMDT US8:00Acquisition of Covidien plc by Medtronic, Inc Call
Multiple CompaniesMDT US8:00Acquisition of Covidien plc by Medtronic, Inc Call
Hill-Rom Holdings IncHRC US8:30Acquisition of TRUMPF Medicl by Hill-Rom Holdings Inc Call
SanDisk CorpSNDK US8:30Acquisition of Fusion-io by SanDisk Corporation Call
Multiple CompaniesLVLT US9:00Acquisition of tw telecom, Inc by Level 3 Communications, Inc.Call
Affiliated Managers Group IncAMG US9:00Annual General Meeting
Multiple CompaniesLVLT US9:00Acquisition of tw telecom, Inc by Level 3 Communications, Inc.Call
Williams Cos Inc/TheWMB US10:00Acquisition of Access Midstream Partners by The Williams Cos., Inc. Call
Knowles CorpKN US11:30Management Conference Call
Range Resources CorpRRC USCompany Investor Meeting
Principal Financial Group IncPFG USRoadshow - BostonY 2014
Alliance Data Systems CorpADS USMay 2014 Sales and Revenue Release - Performance Update2014