Morning Brief( Nov24)

NEWS:

• XRX: Icahn discloses a 7.13% stake in Xerox
• AAPL: Apple Pay to launch in China by February
• MYL JAZZ: Mylan launches Clozapine Orally Disintegrating Tablets in the US
• NVS:Novartis’ Entresto approved in Europe
• CPRT: launches 7,32N share buyback: names new CFO
• BA:Boeing and EVA Airways have finalized a historic $8B order, recording the largest single commercial airplane purchase in Taiwan aviation history
• AIRLINE STOCKS: TRAVEL STOCKS: US issues a worldwide travel alert

THE ECONOMIC CALENDAR:

• 8:30AM: GDP Q3
• 8:30AM: Corporate Profits
• 8:30AM: International Trade
• 8:55AM: Redbook Chain Store Sales
• 9AM: S&P Case-Shiller Home Price Index
• 10AM: Consumer Confidence
• 10AM: State Street Investor Confidence Index
• 10AM: Richmond Fed Manufacturing
• 11:30AM: $13B, 2 Year FRN Auction
• 1PM: $35B, 5 Year Note Auction

SOME NOTABLE EARNINGS REPORTED YESTERDAY AFTER THE CLOSE:

• CXRX: Q3 EPS of $1.46 beats by $0.03: revenue of $94.9M beats by $0.98M: revenue +160.5% y/y
• BRCD: FQ4 EPS of $0.26 beats by $0.02: revenue of $589M beats by $13.9M: revenue +4.4% y/y: soft guidance
• PANW:FQ1 EPS of $0.35 beats by $0.03: revenue of $297.2M beats by $12.8M: revenue +54.5% y/y: solid guidance: guides revenue above consensus
• CUB:FQ4 EPS of $1.05 beats by $0.09.Revenue of $425.9M (+7.5% Y/Y) beats by $14.73M: guides in-line
• DY:FQ1 EPS of $1.24 beats by $0.23.Revenue of $659.27M (+29.2% Y/Y) beats by $33.65M: guides above estimates
• POST:FQ4 EPS of $0.06 misses by $0.23.Revenue of $1.3B (+25.0% Y/Y) misses by $30M
• ENTA:FQ4 EPS of $0.29 beats by $0.14: revenue of $14.42M misses by $2.02M: revenue +446.2% y/y
• YY:Q3 EPS of $0.71 misses by $0.11: revenue of $234.4M beats by $8.8M: revenue +43.8% y/y

SOME NOTABLE EARNINGS REPORTED TODAY BEFORE THE OPENING:

• FRO: Q3 EPS of $0.09 beats by $0.01: revenue of $90.64M misses by $1.68M: revenue +37.5% y/y
• DLTR:Q3 EPS of $0.38 misses by $0.15: revenue of $4.95B beats by $110M: revenue +135.7% y/y: guides Q4 sales below consensus: guides FY15 adjusted IPS below estimates
• CPB: FQ1 EPS of $0.95 beats by $0.19: revenue of $2.20B misses by $10M:revenue -2.7% y/y: raises guidance for FY16 adjusted EPS view to $2.75-$2.83 from $2.53-$2.58
• CHS: Q3 EPS of $0.13 misses by $0.07: revenue of $641.2M misses by $26.13M: revenue-3.7% y/y
• SDRL:Q3 EPS of $0.21 misses by $0.24: revenue of $985M misses by $35M: revenue -12.1% y/y
• HRL:FQ4 EPS of $0.74 beats by $0.05: revenue of $2.4B misses by $120M: revenue -5.5% y/y: guides FY16 EPS above estimates
• DANG:Q3 EPS of -$0.35 misses by $0.02: revenue of $2.37B misses by $150M: revenue +22.8% y/y
• TIF:Q3 EPS of $0.70 misses by $0.05: revenue of $938.2M misses by $32.8M: revenue -2.2% y/y: guides FY16 EPS 5%-10% below FY15 EPS
• LG:FQ4 EPS of -$0.37 misses by $0.02: revenue of $204.2M misses by $82.91M: revenue -8.1% y/y
• BURL: Q3 EPS of $0.25 beats by $0.02: revenue of $1.24B in-line: revenue +6.9% y/y: guides Q4 adjusted EPS $1.44-$1.48 vs. consensus $1.49
• TECD:Q3 EPS of $1.28 misses by $0.14: revenue of $6.43B misses by $100M: revenue -4.9% y/y

SOME NOTABLE EARNINGS TO BE REPORTED TODAY AFTER THE CLOSE:

• CAL, GES, HPQ, QADA, QUNR, TIVO, VEEV, VNET

ANALYSTS’ RATINGS CHANGES:

UPGRADES:

• LOW: upgrade: neutral to overweight: Atlantic Equities: pt raised from $79 to $94
• AVP: upgrade: hold to buy: Citigroup: $5

DOWNGRADES:

• GME: downgrade: outperform to perform: Oppenheimer:
• GME: downgrade: buy to neutral: BofA/Merrill: $42
• BLOX: downgrade: hold to sell: Deutsche Bank: $13
• BRCD: downgrade: buy to neutral: JP Morgan: $9

INITIATIONS:

• POWR: initiated: buy: Canaccord: $17
• EQIX: initiated: buy: SunTrust: $345
• CONE: initiated: buy: SunTrust: $43
• CSCO: initiated: buy: SunTrust: $32
• DFT: initiated: buy: SunTrust: $40
• COYN: initiated: buy: Maxim Group:$5
• GVA: initiated: buy: Maxim Group: $50

PRICE TARGET CHANGES:

• HD: pt raised from $133 to $154: Atlantic Equities
• PANW: pt raised from $200 to $210: Stifel
• PANW: pt raised from $200 to $210: FBR Capital
• PANW: pt raised from $215 to $225: Topeka Capital
• PANW: pt raised from $200 to $205: RBC Capital
• SUN: pt raised from $50 to $52: RBC Capital
• TSN: pt raised from $51 to $53: RBC Capital
• SLAB: pt raised from $58 to $60: Stifel
• TSL: pt cut from $18 to $15: RBC Capital
• POT: pt cut from $24 to $20: Cowen
• BRCD: pt cut from $12 to $11: RBC Capital
• ETP: pt cut from $67 to $63: RBC Capital
• GME: pt cut from $47 to $42: Telsey Advisory
• IPI: pt cut from $7 to $4: Cowen
• MEOH: pt cut from $52 to $50: Cowen
• PVH: pt cut from $125 to $111: Pacific Crest
• SE: pt cut from $40 to $35: Argus
• X: pt cut from $32 to $19: Argus

所有跟帖： 

• ddd -股徒- ♂ (0 bytes) () 11/24/2015 postreply 05:27:43

• 谢谢 -炒股怡性- ♂ (0 bytes) () 11/24/2015 postreply 06:06:55