Morning Brief (Oct 9)

 all ears will be on two speeches by Fed members today at 9:15AM EST and 1:30PM EST, both voting members. Meanwhile, crude finding another leg up as it passes the crucial $50 mark as rumors advance of the possibility of collaboration among the major oil producers.

NEWS:

• QCOM: XLNX: Qualcomm partnering with Xilinx to pair Qualcomm server with Xilinx FPGAs
• AMZN:Amazon Launches AWS IoT — A Platform For Building, Managing And Analyzing The Internet Of Things, reports techcrunch
• JNJ: announces launch of clinical trial of Ebola vaccine
• AZN: halts two clinical trials for lung cancer drug
• ASNA: Golden Gate files new 9% stake in Ascena Retail
• AGN: Allergan announces FDA accepted sNDA for DALVANCE
• AAPL: TSLA: Elon Musk goes on record saying that Apple hired the engineers that Tesla fired

ON THE ECONOMIC CALENDAR:

• 8:30AM: Import/Export Prices
• 9:15AM: Fed’s Lockhart speaks on “Monetary Policy” (voting member)
• 10AM: Wholesale Trade
• 1:30PM: Fed’s Evans speaks on “US Economy and Monetary Policy” (voting member)

SOME NOTABLE EARNINGS REPORTED YESTERDAY AFTER THE CLOSE:

• AA:Q2 EPS of $0.07 misses by $0.07: revenue of $5.57B misses by $110M: revenue -10.7% Y/Y:
• HELE:FQ2 EPS of $1.12 beats by $0.19: revenue of $369.13M beats by $31.46M: revenue +15.4% Y/Y: narrows guidance above consensus
• RT:FQ1 EPS of -$0.03 misses by $0.08: revenue of $279.48M beats by $0.5M: revenue -0.6% Y/Y: reaffirms guidance

ANALYSTS’ RATINGS CHANGES:

UPGRADES:

• LLY: upgrade: neutral to outperform: Credit Suisse: pt raised from $89 to $105
• ALB: upgrade: buy to conviction buy: Goldman
• CSLT: upgrade: equal weight to overweight: First Analysis: $8
• ABB: upgrade: underperform to hold: Jefferies
• WY: upgrade: sell to neutral: UBS
• FEYE: upgrade: sell to hold: Gabelli
• NLY: upgrade: underperform to market perform: FBR Capital: pt raised from $10 to $11

DOWNGRADES:

• TSLA: downgrade: equal weight to underweight: Barclays: pt cut from $190 to $180
• GPS: downgrade: buy to neutral: MKM Partners: pt cut from $40 to $29
• BMR: downgrade: outperform to neutral: Baird: $24
• ZUMZ: downgrade: buy to hold: Stifel:

INITIATIONS:

• CIEN: initiated: equal weight: Morgan Stanley: $25
• EW: initiated: outperform: Cowen: $185
• FOXA: initiated: overweight: Pacific Crest: $32
• ENDO: initiated: buy: Mizuho: $82
• JBL: initiated: buy: B Riley:
• FLEX: initiated: buy: B Riley: $14
• AGN: initiated: buy: Mizuho: $337
• HZNP: initiated: buy: Mizuho: $32
• CVU: initiated: buy: Canaccord: $12

PRICE TARGET CHANGES:

• MU: pt raised from $16 to $18: Mizuho
• NFLX: pt raised from $122 to $140: Pacific Crest
• FB: pt raised from $110 to $115: Credit Suisse
• TSN: pt raised from $47 to $51: RBC Capital
• LB: pt raised from $104 to $110: Telsey Advisory Group
• EXPE: pt raised from $126 to $145: UBS
• GPN: pt raised from $106 to $123″ Stephens
• AA: pt raised from $12 to $14: RBC Capital
• ABT: pt cut from $55 to $51: RBC Capital
• CY: pt cut from $16 to $13: Topeka Capital
• PII: pt cu from $158 to $153: RBC Capital

所有跟帖： 

• This fast &furious rally make me dizzy -天涯山人- ♂ (139 bytes) () 10/09/2015 postreply 05:50:04

• a dead cat bounce is always like that. -LakeWest3- ♂ (0 bytes) () 10/09/2015 postreply 06:01:58

• ddd -股徒- ♂ (0 bytes) () 10/09/2015 postreply 05:51:23

• Thanks -股浪鱼- ♂ (0 bytes) () 10/09/2015 postreply 06:02:03