PRE-MARKET | November 02, 2016 | $BABA, $TWX, $FB, $FIT, $XOM, $QCOM, $YELP, $SPX, $TLT, $ES_F, #earnings #FOMC #Traders

PRE-MARKET MOVERS

1. PTN:

$PTN Palatin Female Libido-Boosting Shot Fails Crucial Sex Frequency Test – Adam F

2. PTN:

$PTN Palatin female sexual desire drug succeeds in trials; shares soar – Reuters

3. AVXS:

$AVXS AveXis Announces Single-Arm Design for US Pivotal Study of AVXS-101 in SMA Type 1 Patients – GN

4. OCLR:

$OCLR Oclaro tops Street 1Q forecasts – AP

5. YELP:

$YELP Yelp shares jump after company reports surprise profit – MarketWatch

6. AVGO, BRCD:

$BRCD Chipmaker Broadcom $AVGO to buy network gear maker Brocade for $5.5 billion – Reuters

7. EA:

$EA Electronic Arts Says Revenue Up, Raises Outlook – WSJ

8. SQ:

$SQ Dorsey’s Square posts jump in revenue, raises full-year forecast – Reuters’

9. CXRX:

$CXRX Concordia Int’l Appoints Allan Oberman as New CEO, Jordan Kupinsky as Chairman – SI

10. BABA:

$BABA Alibaba Jumps On Q3 Earnings Beat; Cloud Loss Narrowed – Barron’s

11. TWX:

$TWX Time Warner Beats Estimates on Cable Fees, ‘Suicide Squad’ – BBG

12. CYH:

$CYH Community Health Systems Swings to Loss – WSJ

13. ZTS:

$ZTS Zoetis Tops Q3 EPS by 1c; Updates FY16, FY17 Guidance – Street Insider

14. ETSY:

$ETSY Etsy shares see-saw after company’s Q3 results – MW

15. ADP, WAGE:

$ADP WageWorks $WAGE to buy two of Automatic Data Processing Inc’s businesses – Reuters

16. VSI: $VSI Vitamin Shoppe Misses Q3 EPS by 1c; Updates FY16 EPS Outlook – Street Insider

17. AGN: $AGN Allergan Misses Q3 Earnings & Sales; Ups Buyback Plan – Zacks

18. Z, ZG: $ZG Zillow $Z reports revenue jump, lifts outlook – MarketWatch

19. TRNC: $TRNC Tronc Loss Widens as Advertising Revenue Falls 11% – WSJ

20. TEL: $TEL TE Connectivity Tops Q4 EPS by 7c; Issues Solid Outlook – Street Insider

21. AVH, DAL, UAL: $AVH Delta $DAL, United $UAL Said to Near Avianca Bids Amid Elliott Talks – BBG

22. TRIL: $TRIL Trillium therapeutics says advances TTI-621 into early stage cohort expansion enrollment

23. GILD:

$GILD Gilead Quarterly Profit Misses on Low Hepatitis C Drug Sales – BBG

24. SCTY, TSLA:

$TSLA Tesla says SolarCity $SCTY would add $1 billion to 2017 revenue – Reuters

25. CLX:

$CLX Clorox earnings fall short, lowers outlook – MarketWatch

26. HLF:

$HLF Herbalife names new CEO, stock falls despite earnings beat – MarketWatch

27. ILMN:

$ILMN Illumina slashes annual earnings outlook – MarketWatch

28. VRX:

$VRX Valeant Pharma Affirms Being in Discussions for Various Divestitures; May Include Salix Sale – SI

29. MYGN:

$MYGN Myriad Genetics Misses Q1 EPS by 2c; Maintains Outlook – Street Insider

30. CERN:

$CERN Cerner Shares Drop on Disappointing Results, Cautious Outlook – WSJ

31. X:

$X U.S. Steel Cuts Annual View, Posts Third-Quarter Profit – WSJ

32. PAYC:

$PAYC Paycom Software Earnings Top But Shares Fall Late – IBD

33. DATA:

$DATA Tableau stock tumbles on mixed earnings results in latest blow to data visualization company

34. DHT:

$DHT DHT Holdings reports 3Q loss – AP

35. DXCM:

$DXCM DexCom, Inc. Reports Third Quarter 2016 Financial Results – Business Wire

36. ZAGG:

$ZAGG ZAGG Inc Stock / Shares Take a Tumble on Reported Third Quarter Loss – Warrior Trading

37. CEMP:

$CEMP Cempra on Watch as FDA Briefing Docs Published – Street Insider

38. ADPT:

$ADPT Adeptus Health Inc. Is Sinking After Q3 Profit Disappoints – RTT

UPGRADES

1. AYR:FBR Capital Upgrades Aircastle Limited $AYR to Outperform

2. GILD:$GILD upgraded to Outperform at BMO Capital

3. MDCA:Telsey Upgrades MDC Partners $MDCA to Outperform

4. NSC:Norfolk Southern on watch after Argus upgrade

5. SQ:Credit Suisse Upgrades Square $SQ to Outperform; Better Growth, Leverage

DOWNGRADES

1. ADPT:Jefferies Downgrades Adeptus Health $ADPT to Hold, Slashes PT to $13

2. BKD:RBC Capital Downgrades Brookdale Senior Living $BKD to Outperform

3. CPN:UPDATE: UBS Downgrades Calpine Corporation $CPN to Neutral

4. DATA:William Blair Downgrades Tableau Software $DATA to Market Perform

5. FTR:Deutsche Bank Downgrades Frontier Communications $FTR to Hold

6. ILMN:$ILMN downgraded to Underweight at First Analysis

7. PAYC:JPMorgan Downgrades Paycom Software $PAYC to Neutral

8. PFE:$PFE downgraded to Hold at Argus, downgraded to Market Perform at BMO Capital

9. PLT:JPMorgan Downgrades Plantronics $PLT to Neutral

10. UIHC:JMP Securities Downgrades United Insurance Holdings $UIHC to Market Perform

11. WBMD:WebMD downgraded to neutral from buy at Mizuho. Price target cut to $52 from $63. $WBMD 11/1 close: 49.92 #stocks

12. XENT:JPMorgan Downgrades Intersect ENT $XENT to Neutral

EARNINGS

1. TEL:$TEL reports FQ4 earnings of $1.27 EPS and $3.33B Revs –

2. VSI:$VSI reports FQ3 earnings of 50c EPS and $314.89M Revs –

3. VSI:$VSI reports inline with the Estimize EPS Consensus and misses the Estimize Revenue Consensus by $2.04M –

4. BG:$BG reports FQ3 earnings of 73c EPS and $11.42B Revs –

5. FLOW:$FLOW reports FQ3 earnings of 34c EPS and $466.80M Revs –

6. FLOW:$FLOW reports inline with the Estimize EPS Consensus and misses the Estimize Revenue Consensus by $2.82M –

7. CLX:$CLX reports FQ1 earnings of $1.32 EPS and $1.44B Revs –

8. AGN:$AGN reports FQ3 earnings of $3.32 EPS and $3.62B Revs –

9. BAH:$BAH reports FQ2 earnings of 46c EPS and $1.40B Revs –

10. STE:$STE reports FQ2 earnings of 89c EPS and $646.42M Revs –

11. EL:$EL reports FQ1 earnings of 84c EPS and $2.87B Revs –

12. FUN:$FUN reports FQ3 earnings of $3.10 EPS and $650.28M Revs –

13. ABC:$ABC reports FQ4 earnings of $1.30 EPS and $37.56B Revs –

14. TWX:$TWX reports FQ3 earnings of $1.83 EPS and $7.17B Revs –

15. BABA:$BABA reports FQ2 earnings of 79c EPS and $5.14B Revs –

16. ADP:$ADP reports FQ1 earnings of 86c EPS and $2.92B Revs –

17. VMC:$VMC reports FQ3 earnings of $1.01 EPS and $1.01B Revs –

18. SHOP:$SHOP reports FQ3 earnings of -2c EPS and $99.58M Revs –

19. CEVA:$CEVA reports FQ3 earnings of 24c EPS and $17.85M Revs –

20. HSIC:$HSIC reports FQ3 earnings of $1.68 EPS and $2.87B Revs –

21. IPI:$IPI reports FQ3 earnings of -23c EPS and $43.64M Revs –

22. Q:$Q reports FQ3 earnings of $1 EPS and $1.14B Revs –

23. KATE:$KATE reports FQ3 earnings of 13c EPS and $277.33M Revs –

24. ALKS:$ALKS reports FQ3 earnings of -9c EPS and $180.24M Revs –

25. CRL:$CRL reports FQ3 earnings of $1.18 EPS and $425.72M Revs –

26. YELP:$YELP reports FQ3 earnings of 2c EPS and $186.23M Revs –

27. BDC:$BDC reports FQ3 earnings of $1.29 EPS and $602.47M Revs –

28. HZN:$HZN reports FQ3 earnings of 30c EPS and $151.72M Revs –

29. CLH:$CLH reports FQ3 earnings of 16c EPS and $729.52M Revs –

30. SABR:$SABR reports FQ3 earnings of 27c EPS and $838.98M Revs –

31. PCRX:$PCRX reports FQ3 earnings of 20c EPS and $68.36M Revs –

32. TRGP:$TRGP reports FQ3 earnings of -4c EPS and $1.65B Revs –

33. ZTS:$ZTS reports FQ3 earnings of 52c EPS and $1.24B Revs –

34. ORBC:$ORBC reports FQ3 earnings of -5c EPS and $46.29M Revs –

35. JLL:$JLL reports FQ3 earnings of $1.42 EPS and $1.71B Revs –

36. ORBK:$ORBK reports FQ3 earnings of 68c EPS and $204.95M Revs –

37. ODP:$ODP reports FQ3 earnings of 16c EPS and $2.84B Revs –

38. SEP:$SEP reports FQ3 earnings of 76c EPS and $628M Revs –

39. CDW:$CDW reports FQ3 earnings of 97c EPS and $3.71B Revs –

40. SE:$SE reports FQ3 earnings of 31c EPS and $1.08B Revs –

41. CRTO:$CRTO reports FQ3 earnings of 48c EPS and $176.56M Revs –

42. SNAK:$SNAK reports FQ3 earnings of -13c EPS and $66.53M Revs –

43. OZM:$OZM reports FQ3 earnings of 8c EPS and $148.10M Revs –

44. THR:$THR reports FQ2 earnings of 10c EPS and $68.81M Revs –

45. SBGI:$SBGI reports FQ3 earnings of 79c EPS and $693.80M Revs –

46. NYT:$NYT reports FQ3 earnings of 6c EPS and $363.55M Revs –

47. MNTA:$MNTA reports FQ3 earnings of -26c EPS and $29.14M Revs –

48. INGR:$INGR reports FQ3 earnings of $1.96 EPS and $1.49B Revs –

49. FLWS:$FLWS reports FQ1 earnings of -24c EPS and $165.83M Revs –

50. MMP:$MMP reports FQ3 earnings of 91c EPS and $551.78M Revs –

Trending Social Alerts

1. ANTM:$ANTM CEO Swedish on #Obamacare reforms: extend Cadillac Tax freeze, extend risk adjustment, flexibility on products, tighten grace period.

2. CEMP:Looks like Peter Griffin is back at posting adcomm briefing docs today. $CEMP #solithromycin

3. AGN:$AGN Announces $10 Billion Accelerated Share Repurchase, Initiation of Cash Dividend in 2017

4. BRCD:Broadcom to acquire Brocade Communications in $5.9B deal • $BRCD $AVGO

5. EA:Electronic Arts [EA] Climbs 6.1% After In-Line Results and Guidance Boost $ea

6. VRX:Valeant Pharmaceuticals Intl Inc Is What’s Wrong With America $VRX #healthcare…

7. YELP:Yelp beats by $0.04, beats on revenue #premarket $YELP

8. GILD:$GILD was Great Once but is Now Awful and Depressing Sad…

9. TWX:Time Warner Reports Q3 Adj. EPS $1.83 vs $1.37 Est., Sales $7.2B vs $7B Est. $TWX

10. TRIL:$TRIL Trillium Therapeutics Advances TTI-621 Into Phase 1b Cohort Expansion Enrollment #CD47

11. BABA:$BABA Alibaba Q3 16 Earnings Results: -Adj EPS: $0.79 -Revenue: $5.1B

Trending News Headlines

1. Gilead was great once but is now awful and depressing

I want the old Gilead back! The present Gilead, with a stock down 27% for the year, trading at levels not seen since April 2014, is too sad to bear.

2. Andy Biotech on Twitter

“$CEMP — Long list of safety/pharmacokinetic/efficacy issues that FDA identified”

3. Andy Biotech on Twitter

“$CEMP — FDA: “We conclude that these findings comprise a genuine liver injury signal. “”

4. Briefing Information for the November 4, 2016 Meeting of the Antimicrobial Drugs Advisory Committee (AMDAC)

Persons with disabilities having problems accessing the PDF file(s) below may call (301) 796-3634 for assistance

5. 2016 Meeting Materials, Antimicrobial Drugs Advisory Committee (formerly known as the Anti-Infective Drugs Advisory Committee)

6. Palatin female libido-boosting shot fails crucial sex frequency test

Palatin appears be to playing a game of bait and switch with the design of its phase III studies.

7. Alibaba Jumps On Q3 Earnings Beat; Cloud Loss Narrowed

Alibaba Group (BABA) jumped 3.6% in pre-market after reporting better-than-expected third-quarter earnings. Revenue at Alibaba grew 55% from a year ago to 34.29 billion yuan, broadly in line with the 54% growth predicted by the street. But earnings per share came in at 5.26 yuan ($0.79), well above street estimate of 4.69 yuan, or $0.69. […]

8. Andy Biotech on Twitter

“$CEMP — As expected, liver tox is the key focus of solithromycin safety issues”

9. U.S. Steel Cuts Annual View, Posts Third-Quarter Profit

U.S. Steel Corp. lowered its full-year guidance as it continues to recover from unplanned outages in the third quarter and invest in additional maintenance spending. The company posted a third-quarter profit.

10. Gilead Quarterly Profit Misses on Low Hepatitis C Drug Sales

Gilead Sciences Inc. posted third-quarter profit that missed analysts’ estimates amid steadily declining sales of its hepatitis C drugs, though it isn’t rushing to fill its pipeline with deals.

11. zach on Twitter

“yikes $CEMP”

12. Yelp shares jump after company reports surprise profit

13. Private companies created fewer jobs than expected in October as pace of growth slows

ADP also revised job creation numbers for other months as part of a new measuring model.

14. Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Chipmaker Broadcom Ltd (AVGO.O) said on Wednesday it would buy network gear maker Brocade Communications Systems Inc (BRCD.O) for $5.5 billion in cash, to expand its fiber channel and data storage businesses.

15. Allergan expands buyback to $15 billion, sets first quarterly dividend

Allergan Plc (AGN.N) on Wednesday expanded its share buyback program by $5 billion to $15 billion and set its first-ever quarterly dividend, cushioning the impact of lower-than-expected quarterly revenue and lifting its shares.

Technology News

1. Look what quietly passed on the night everyone was out partying for halloween

2. Best summary of Apple’s conundrum with the Mac: “We demand Apple innovate, but we insist they don’t change anything”

3. Some news: we are shutting down the Talkshow app and website on December 1. Thank you to all of our Talkshow hosts.

4. Windows flaw being exploited by Russian group behind DNC hacks, patch not coming until Election Day

5. The DMCA is crap, but the exemption for security researchers is big win:

6. Some Apple SSD updates are now cheaper! Instead of ludicrously overpriced they are just insanely overpriced.

7. possible future e-commerce stuff for Instagram: – comparison shopping – saving products you like – product search

8. Instagram adopts serendipitous commerce. Amazon & Google if you know what you want, Insta & Pinterest if you don’t

9. Amazon charges non-Prime members more at physical bookstores, hinting at new retail strategy

10. Instagram commerce makes a lot more sense than Facebook commerce, but no native purchase flow is too much friction

PRE-MARKET | November 02, 2016 | $BABA, $TWX, $FB, $FIT, $XOM, $QCOM, $YELP, $SPX, $TLT, $ES_F, #earnings #FOMC #Traders

PRE-MARKET MOVERS

UPGRADES

DOWNGRADES

EARNINGS

Trending Social Alerts

Trending News Headlines

Technology News

Recent Posts

Subscribe To Our Newsletter

You have Successfully Subscribed!

Share This