News Bulletin
Wednesday, March 16, 2022
Morning Edition

Economic Numbers:

TIME

DETAIL

SURV

PRIOR

08:30

Core Retail Sales (MoM) (Feb)

0.9%

3.3%

08:30

Export Price Index (MoM) (Feb)

1.6%

2.9%

08:30

Import Price Index (MoM) (Feb)

1.5%

2.0%

08:30

Retail Sales (MoM) (Feb)

0.4%

4.8%

10:00

Business Inventories (MoM) (Jan)

1.1%

2.1%

10:00

Retail Inventories Ex Auto (Jan)

1.7%

3.3%

10:30

Crude Oil Inventories

-1.375M

-1.863M

10:30

Cushing Crude Oil Inventories

-

-0.585M

14:00

FOMC Economic Projections

-

-

14:00

FOMC Statement

-

-

14:00

Fed Interest Rate Decision

0.5%

0.25%

14:30

FOMC Press Conference

-

-

-

-

-

-


Indices

 

 

CLOSE

50 DMA

200 DMA

S&P 500

4,263.54

4,453.88

4,467.31

DJIA

33,544.34

34,667.68

34,977.28

NASDAQ

12,948.62

13,984.50

14,720.66

 


 

Earnings Calendar:

 

Symbol

Company

Earnings Call Time

EPS Estimate

Reported EPS

Surprise(%)

JOBS

51job Inc

After Market Close

0.65

-

-

IPA

Immunoprecise Antibodies Ltd

Before Market Open

-0.13

-

-

AP

Ampco-Pittsburgh Corp

Before Market Open

-

-

-

ASM

Avino Silver & Gold Mines Ltd

After Market Close

0.02

-

-

AKU

Akumin Inc

After Market Close

-

-

-

ALPN

Alpine Immune Sciences Inc

Time Not Supplied

-0.3

-

-

ARCO

Arcos Dorados Holdings Inc

Before Market Open

0.16

-

-

AVRO

AVROBIO Inc

Before Market Open

-0.74

-

-

ARMP

Armata Pharmaceuticals Inc

Time Not Supplied

-0.28

-

-

SQZ

SQZ Biotechnologies Co

Before Market Open

-0.69

-

-

BBXIA

BBX Capital Inc

Before Market Open

-

-

-

SYN

Synthetic Biologics Inc

After Market Close

-0.03

-

-

LEGN

Legend Biotech Corp

Before Market Open

-0.41

-

-

ICNAF

Icanic Brands Company Inc

TAS

-

-

-

BLKLF

Blackline Safety Corp

Before Market Open

-

-

-

POEFF

Pan Orient Energy Corp

Before Market Open

-

-

-

CURN

Currency Exchange International Corp

TAS

-

-

-

WLYYF

WELL Health Technologies Corp

Before Market Open

-

-

-

LKNCY

Luckin Coffee Inc

TAS

-

-

-

CFWFF

Calfrac Well Services Ltd

Before Market Open

-

-

-

SCVL

Shoe Carnival Inc

Before Market Open

0.44

-

-

ZTO

ZTO Express (Cayman) Inc

After Market Close

0.32

-

-

SMTC

Semtech Corp

After Market Close

0.69

-

-

LEN

Lennar Corp

After Market Close

2.6

-

-

HEXO

Hexo Corp

Before Market Open

-0.06

-

-

FLGMF

Flagship Communities Real Estate Investment Trust

After Market Close

-

-

-

DCMDF

Data Communications Management Corp

After Market Close

-

-

-

TRSSF

Terrascend Corp

After Market Close

-0.02

-

-

CATO

Cato Corp

Before Market Open

-

-

-

PGR

Progressive Corp

Before Market Open

-

-

-

NEVDF

Nevada Copper Corp

TAS

-

-

-

ELA

Envela Corp

After Market Close

0.09

-

-

CYT

Cyteir Therapeutics Inc

Time Not Supplied

-0.39

-

-

CVSI

CV Sciences Inc

After Market Close

-0.02

-

-

CMCT

Creative Media & Community Trust Corporation

Time Not Supplied

-0.18

-

-

CPRX

Catalyst Pharmaceuticals Inc

After Market Close

0.12

-

-

MCG

Membership Collective Group Inc

TAS

-0.16

-

-

SWSSF

Swiss Water Decaffeinated Coffee Inc

After Market Close

-

-

-

TLS

Telos Corp

Before Market Open

-

-

-

ELLO

Ellomay Capital Ltd

Before Market Open

-

-

-

FLMMF

Filo Mining Corp

After Market Close

-

-

-

MODVF

Melcor Developments Ltd

After Market Close

-

-

-

DOYU

Douyu International Holdings Ltd

Before Market Open

-0.07

-

-

SNVVF

STEP Energy Services Ltd

After Market Close

-

-

-

EDR

Endeavor Group Holdings Inc

After Market Close

0.17

-

-

ETON

Eton Pharmaceuticals Inc

After Market Close

-

-

-

WHLR

Wheeler Real Estate Investment Trust Inc

After Market Close

-

-

-

REI

Ring Energy Inc

After Market Close

0.07

-

-

LE

Lands End Inc

Before Market Open

0.31

-

-

FGF

FG Financial Group Inc

Before Market Open

-

-

-

ORXPF

Forza Petroleum Ltd

After Market Close

-

-

-

HFFG

Hf Foods Group Inc

TAS

-

-

-

STG

Sunlands Technology Group

Before Market Open

-

-

-

GLMD

Galmed Pharmaceuticals Ltd

Before Market Open

-0.3

-

-

GENN

Genesis Healthcare Inc

TAS

-

-

-

SDH

Global Internet of People Inc

TAS

-

-

-

SLGL

Sol Gel Technologies Ltd

Time Not Supplied

0.4

-

-

NGS

Natural Gas Services Group Inc

After Market Close

-0.04

-

-

HHR

HeadHunter Group PLC

Time Not Supplied

-

-

-

WLMS

Williams Industrial Services Group Inc

After Market Close

0.04

-

-

GES

Guess? Inc

After Market Close

1.15

-

-

GBRRF

Gabriel Resources Ltd

TAS

-

-

-

LMB

Limbach Holdings Inc

After Market Close

0.4

-

-

KUKE

Kuke Music Holding Ltd

Before Market Open

-

-

-

HOOK

Hookipa Pharma Inc

Time Not Supplied

-0.58

-

-

NBEV

Newage Inc

After Market Close

-0.07

-

-

JBL

Jabil Inc

Before Market Open

1.47

-

-

MNTK

Montauk Renewables Inc

After Market Close

0.05

-

-

RMBL

RumbleON Inc

Before Market Open

0.43

-

-

SMTS

Sierra Metals Inc

After Market Close

-0.03

-

-

MRMD

Marimed Inc

After Market Close

-

-

-

VSTM

Verastem Inc

Before Market Open

-0.09

-

-

MTEM

Molecular Templates Inc

After Market Close

-0.4

-

-

PD

PagerDuty Inc

After Market Close

-0.06

-

-

WSM

Williams-Sonoma Inc

After Market Close

4.82

-

-

LGO

Largo Inc

After Market Close

-

-

-

PROG

Progenity Inc

After Market Close

-0.16

-

-

IMV

Imv Inc

After Market Close

-0.13

-

-

TEDU

Tarena International Inc

Before Market Open

-

-

-

EFRTF

Nexus Industrial REIT

Before Market Open

-

-

-

MTCR

Metacrine Inc

Before Market Open

-0.63

-

-

KLDI

KLDiscovery Inc

After Market Close

-

-

-

PANL

Pangaea Logistics Solutions Ltd

After Market Close

0.53

-

-

ORTX

Orchard Therapeutics PLC

Time Not Supplied

-0.28

-

-

 

16th March, 2022 Market News:

08:58 TuSimple Holdings (NASDAQ:TSP) soared 20% in premarket trading after a report that the self-driving truck startup is looking to sell its business in China.

08:35 On Wednesday, Swiss clinical-stage biopharmaceutical company, NLS Pharmaceutics (NASDAQ:NLSP), announced interim top-line data from a Phase 2a clinical trial designed to evaluate its lead product candidate Quilience (Mazindol ER) in narcolepsy. NLS (NLSP) shares have lost ~9% in the pre-market currently.

08:19 China's Meten Holding Group (NASDAQ:METXsaid Wednesday that it has formed a strategic alliance with digital currency firm - Global Blockchain - to explore opportunities in the industry. METX stock is up 13% in pre-market trading.

07:57 NortonLifeLock (NASDAQ:NLOK) dropped 7.8% in premarket trading after the U.K.'s antitrust regulator said the company's $8.6B planned purchase of Avast may face in-depth probe due to competition concerns.

07:47 AIM ImmunoTech (NYSE:AIMsaid the U.S. Food and Drug Administration lifted its clinical hold on an investigational new drug (IND) application allowing the company to begin a phase 2 study of Ampligen for locally advanced pancreatic cancer (AMP-270). AIM +25.33% premarket to $0.94.

07:30 JPMorgan upgraded Starbucks Corporation (NASDAQ:SBUX) to an Overweight rating from Neutral on its view the near-term headwinds will fade for the global coffee chain operator.

06:13 Bilibili (NASDAQ:BILI) has approved a motion to pursue the voluntary conversion to dual-primary listing on The Main Board of The Stock Exchange of Hong Kong Limited. Shares up 32% premarket.

06:01 Bit Digital (NASDAQ:BTBT) rallies 15% higher premarket after it reported 39.2% of its currently-owned fleet, or 10,462 bitcoin miners and 712 Ethereum miners representing 0.511 Exahash and 0.188 Terahash respectively, was deployed in North America.

03:17 The shares of clinical-stage biotech, Humanigen (NASDAQ:HGEN) +13% Chief Scientific Officer Dale Chappell bought 1M shares in multiple transactions for $3 worth ~$3M. Post these transactions, the officer owns 7.9M shares.

15th March, 2022 Market News: (After Market)

18:37 PBF Energy (NYSE:PBF) plunged 12.7% on Tuesday in addition to Monday's 13.7% shellacking, as the company reportedly is struggling to resume normal operations at its Torrance refinery in California after a power cut last week.

16:49 XpresSpa press release (NASDAQ:XSPA): Q4 GAAP EPS of $0.03 misses by $0.03. Revenue of $29.36M (+9075.0% Y/Y) beats by $2.22M. Shares +8.49%. Strongest Financial Results in Company History Marks End to Banner Year. Liquidity Position with Unrestricted Cash Balance Increases to $105.5 Million.

16:16 Zedge press release (NYSE:ZDGE): Q2 GAAP EPS of $0.16. Revenue of $6.9M (+30.2% Y/Y). Shares +4%.

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