PRE-MARKET | October 05, 2016 | $NFLX, $TMH, $ACIA, $TWTR, $UBS, $SPY, $GDX

by Alpha | Oct 5, 2016 | Pre-Market

PRE-MARKET MOVERS

1. CPRX:  $CPRX Piper Jaffray Upgrades Catalyst Pharmaceutical Partners to Overweight, $4 PT

2. ACIA:  $ACIA Acacia Hikes Q3 Earnings Guidance Again After Stock Passes Key Test – IBD

3. CRBP:  $CRBP Cantor Fitzgerald Starts Corbus Pharmaceuticals at Buy, $17 PT

4. ONVO:  $ONVO Organovo Announces Plans to Develop 3D Bioprinted Human Liver for Direct Transplant – SI

5. ENH:  $ENH Japan’s Sompo to Buy Insurer Endurance Specialty for $6.3 Billion – WSJ

6. TWTR:  $TWTR Twitter Is Expected to Field Bids This Week – WSJ

7. STZ:  $STZ Beer and wine maker Constellation Brands reports improved Q2 earnings, sales – MW

8. ANGO:  $ANGO AngioDynamics profit lifted by Cook Medical recall – MarketWatch

9. WUBA:  $WUBA Deutsche Bank Starts Inc at Buy, $65 PT

10. FLEX:  $FLEX Goldman Sachs Adds Flextronics to Conviction Buy List, $16 PT

11. UBS:  $UBS RBC Capital Upgrades UBS AG to Sector Perform, CHF 14 PT

12. NFLX:  $NFLX Loop Capital Begins Coverage on Netflix Inc. at BUY, $125 PT

13. MON:  $MON Monsanto Tops Q4 EPS by 9c – Street Insider

14. BUD:  $BUD Anheuser Busch Inbev SA is Resumed by Morgan Stanley to Overweight, 135EU PT

15. ADS: $ADS Atlantic Equities Starts Alliance Data Systems at Overweight, $270 PT

20. NCLH:  $NCLH UBS Cuts Norwegian Cruise Line Holdings to Neutral and Lowers Estimates, $42 PT

21. IDCC:  $IDCC Dougherty & Co Downgrades InterDigital Inc. to Neutral

22. MU:  $MU Micron Technology Warns of Tight Memory-Chip Supplies – WSJ

23. AZZ:  $AZZ Azz Inc Q2 EPS $0.38 – Reuters

24. CASC:  $CASC Cascadian Therapeutics Announces Proposal for Reverse Stock Split – GlobeNewswire

25. CRM:  $CRM Salesforce CEO Marc Benioff thinks Twitter is an ‘unpolished jewel’ that he might want to buy – BI

26. AYI: $AYI Acuity Brands Releases Earnings Results, Misses Expectations By $-0.18 EPS – Market Digest

UPGRADES

DOWNGRADES

EARNINGS

Trending Social Alerts

1. MON:#BREAKING: Monsanto $MON Q4 Revenue, $2.56B vs. $2.38B expected

2. ONVO:$ONVO Organovo Announces Plans to Develop 3D Bioprinted Human Liver for Direct Transplant – SI

3. ACIA:$ACIA Acacia Hikes Q3 Earnings Guidance Again After Stock Passes Key Test – IBD

4. REN:Rodman & Renshaw Starts Resolute Energy $REN at Buy

5. NFLX:$NFLX Loop Capital Begins Coverage on Netflix Inc. at BUY, $125 PT

Trending News Headlines

“@BioTerp JEFF agrees with your $MDGN report. Slide on $MDGN upside scenarios”

Goldman Sachs Group Inc. has sounded a warning about the outlook for China’s property market, saying that it sees growing risks across the industry and that any downturn will pose a challenge for metals, especially iron ore and steel.

McDonald’s Corp (MCD.N) is nearing a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia’s Reza group, in a transaction estimated at up to $400 million, people familiar with the matter said.

Twitter is expected to field bids this week, in a sign the long-awaited sale of the social-media pioneer could soon be at hand.

A year after his return as CEO, live-streaming and new products haven’t revived growth.

U.S. private employers added 154,000 jobs in September, below economists’ expectations, a report by a payrolls processor showed on Wednesday.

Jefferies analyst Brian Tanquilut weighed in on Team Health (NYSE: TMH) following reports Tuesday the company is in discussions with private equity sponsors to potentially take the company private….

Wall Street’s top cop is scrutinizing whether the founder of LendingClub Corp. advocated for the company to prop up its shares without telling the board about a possible conflict of interest, according to people with knowledge of the matter.

Brexit Secretary David Davis’s top parliamentary aide gave the most specific outline yet of the “red lines” Prime Minister Theresa May’s government will set in the looming talks to leave the European Union.

Technology News

Pre-Market Update for September 30, 2016 – $AMZN, $GLD, $WMT, $SBUX, $LUV

by Alpha | Sep 30, 2016 | Pre-Market

PRE-MARKET MOVERS

1. LXK: $LXK Lexmark’s stock soars after CFIUS clears buyout by Chinese consortium – MarketWatch

2. GBT:  $GBT Wells Fargo Starts Global Blood Therapeutics at Outperform, $75-81 PT

3. MENT:  $MENT Elliott takes 8.1 percent stake in Mentor Graphics – Reuters

4. NXPI:  $NXPI NXP Semiconductor Worth $136-$172/Share in a Deal – Jefferies

5. CEMP:  $CEMP Cempra Announces Interim Solithromycin Phase 2 Data in NASH; NAFLD NAS, ALT Reductions Noted – SI

6. SKX:  $SKX Susquehanna Upgrades Skechers USA to Positive, $27 PT

7. CATB:  $CATB James Flynn reports 4.21 pct passive stake in Catabasis Pharma – SEC filing

8. COST:  $COST Costco Earnings Get Boost From Switch to Visa – WSJ

9. QCOM:  $QCOM Mizuho Securities Upgrades Qualcomm to Buy on Potential NXP Deal, $75 PT

10. CASY:  $CASY Jefferies Upgrades Casey’s General Stores to Buy, $134 PT

11. MKC:  $MKC McCormick Beats Q3 Earnings and Revenues – Yahoo

12. DB:  $DB Ten People Who Will Be Key in Deciding Deutsche Bank’s Future – BBG

13. AA:  $AA Alcoa Sets Date for Split After Securing Board Approval – BBG

14. DB:  $DB Deutsche Bank CEO tells staff: ‘Some forces in the markets are currently trying to damage trust’

15. DB:  $DB John Cryan, Deutsche Bank CEO, sent out the following message to the Bank’s employees on 9/30/16

16. WMT:  $WMT Guggenheim Starts Wal-Mart at Buy, $82 PT

17. AMZN:  $AMZN Guggenheim Starts Amazon at Buy, $950 PT

18. GLD:  $GLD Gold draws ‘hideout’ demand as Deutsche Bank rattles markets anew – MarketWatch

20. ING: $ING ING Declines After Report That Thousands of Jobs to Be Cut – BBG

21. LYG:  $LYG Lloyds May Face $2.1 Billion Charge on Pension and PPI, UBS Says – BBG

22. STAY:  $STAY Extended Stay announces secondary share offering, buyback – MarketWatch

23. CNO:  $CNO Goldman Sachs Downgrades CNO Financial Group to Neutral, $17 PT

24. ABUS:  $ABUS Arbutus BiopharmaAnnounces Results from Phase II Trial of ARB-1467 for Chronic HBV Infection – SI

25. CTSH:  $CTSH Cognizant Technology’s stock tumbles after disclosure of internal foreign payments probe – MW

26. OPHT, REGN:  $OPHT Ophthotech Corp on Watch After Regeneron $REGN Reports Eylea/Rinucumab Combo Data – SI

27. CAMP:  $CAMP CalAmp Shares Fall as Profit Slips – WSJ

UPGRADES

DOWNGRADES

EARNINGS

Trending Social Alerts

1. OPHT:$REGN Eylea+anti-PDGFR-beta did worse than Eylea alone in BCVA, so what’s the read-through to $OPHT…

2. DB:here we go.. Obama and Merkel speaking about $DB and $DBK

3. REGN:$REGN Phase 2 Study of Aflibercept Co-Formulated with Rinucumab Shows No Benefit Over Aflibercept Alone in wet-AMD

4. CVS:From the “it’s not just pharma” department: Leerink cuts $CVS price target to $105 on concerns of lower drug price inflation…

5. QCOM:Qualcomm raised at Mizuho Securities #premarket $QCOM

6. ENTA:$ABBV/ $ENTA —This is global ph3 prgm for 2-DAA HCV regimen that just received BTD:

7. DVAX:This week’s Biotech Stock Mailbag: $DVAX $PBYI $ARIA I break some interesting news on $PBYI in here. Check it out.

8. ABBV:AbbVie’s pan-genotypic HIV candidate a Breakthrough Therapy in U.S. #premarket $ABBV

9. PBYI:FDA informed $PBYI neratinib NDA was accepted under “standard review” timeline, meaning 12 months – via @TheStreet

Trending News Headlines

TheStreet’s Adam Feuerstein answers reader questions about biotech stocks.

“‘They killed her’: A potent painkiller — and a company’s drive to sell it — are faulted in a young woman’s death

Rise in dollar demand may point to increasing tensions for region’s lenders

John Cryan, Deutsche Bank CEO, sent out the following message to the Bank’s employees on September 30, 2016

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and raised his price target on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) to $1,025.00 (from $1,000.00).”We…

Italy’s economy minister urged aquick answer to the problems of Germany’s biggest lenderDeutsche Bank in a newspaper interview on Friday,adding it was in everyone’s interest “to look for solutions thatmust then be carefully handled.”

Technology News

1. All of us are smarter than one of us. Introducing G Suite, intelligent apps for business →

2. IBM is moving deeper into financial consulting with the acquisition of a prominent, controversial Washington firm.

3. Business software cos are all talking AI. Now Apttus, valued at $1.3B, has unveiled its own virtual agent named Max:

4. Google is innovative in coming up with terrible new names for its rival to Microsoft Office. G Suite?

5. 3 years and $66M later, Robinhood gets serious about monetizing zero-commission stock trading. Web version is coming

6. Def makes business sense, but as an avid music lover, discoverer and user of both platforms, I have mixed emotions.

7. seems to make sense, but #soundcloud needs the sale more than #spotify needs the acquisition

8. How many times will AOL relaunch Alto? Seriously.

9. Ha, can’t tell you how many times we tried to push the Google Cloud brand and got shut down. Good rebrand at last.

10. Man, I remember the good old days rolling deep bumping G-Suite