News Bulletin
Tuesday, October 3rd, 2023
Morning Edition
Economic Numbers:
|
Time |
Event |
Forecast |
Previous |
|
8:00 |
FOMC Member Bostic Speaks |
|
|
|
10:00 |
IBD/TIPP Economic
Optimism |
41.6 |
43.2 |
|
10:00 |
JOLTs Job Openings (Aug) |
8.800M |
8.827M |
|
16:30 |
API Weekly Crude Oil
Stock |
-0.092M |
1.586M |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
33433.35 |
34694.75 |
33,804.13 |
|
NASDAQ |
13,307.77 |
13723.24 |
12532.81 |
|
S&P 500 |
4288.39 |
4,447.74 |
4200.81 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO :
Before Market Opening /AMC : After Market Close)
|
Company |
EPS |
Forecast |
Revenue |
Forecast |
Market
Cap |
Time |
|
Carnival
ADS (CUK) |
-- |
0.7598 |
-- |
6.7B |
16.70B |
BMO |
|
Carnival
Corp (CCL) |
-- |
0.7598 |
-- |
6.7B |
16.61B |
BMO |
|
McCormick
& Comp (MKCv) |
-- |
0.6528 |
-- |
1.7B |
20.16B |
BMO |
|
McCormick&Co (MKC) |
0.65 |
0.65 |
1.68B |
1.7B |
20.16B |
|
|
Trinity
(TRIB) |
-- |
-0.09 |
-- |
13.5M |
26.75M |
|
|
Virtus Dividend Interest Premium Strategy Fund (NFJ) |
-- |
-- |
-- |
-- |
1.07B |
|
|
Virtus Equity Convertible (NIE) |
-- |
-- |
-- |
-- |
548.08M |
|
|
Comtech (CMTL) |
-- |
-0.2242 |
-- |
140.2M |
237.01M |
|
|
PIMCO
Municipal Income Fund (PMF) |
-- |
-- |
-- |
-- |
217.88M |
|
|
Lifecore Biomedical (LFCR) |
-- |
-0.185 |
-- |
23.11M |
215.44M |
|
|
PIMCO
California Municipal Income (PCQ) |
-- |
-- |
-- |
-- |
157.72M |
|
|
QEP
(QEPC) |
-- |
-- |
-- |
-- |
65.65M |
|
|
Bed
Bath & Beyond (BBBYQ) |
-- |
-0.66 |
-- |
1.36B |
62.52M |
|
|
Rite
Aid (RAD) |
-- |
-1.47 |
-- |
5.56B |
25.94M |
|
|
Galaxy
Next (GAXY) |
-- |
-- |
-- |
-- |
349.63K |
|
|
Cal-Maine
(CALM) |
-- |
0.3267 |
-- |
473.37M |
2.33B |
AMC |
|
Novagold (NG) |
-- |
-0.03 |
-- |
-- |
1.18B |
AMC |
Market
News:
Point
Biopharma (NASDAQ:PNT) shares spiked after Eli Lilly
& Co (NYSE:LLY) announced
that it had agreed to buy the cancer biotech for around $1.4 billion to expand
its oncology therapies into radioligand treatments,
which deliver radiation to tumor cells at a closer
range.
ALX
Oncology (NASDAQ:ALXO) shares
soared after it unveiled interim mid-stage data for a trial of its drug
treating advanced gastric cancer.
McCormick
(NYSE:MKC) stock slid after the spice maker
posted weaker-than-expected net sales for the recent quarter and a
bigger-than-anticipated drop in product volume due in part to flagging demand
in its Asia-Pacific operations.
Airbnb (NASDAQ:ABNB) shares fell
after analysts at KeyBanc Capital Markets lowered
their rating of the short-term home rental business, citing an easing in
post-pandemic travel activity.
Warner
Music Group (NASDAQ:WMG) shares moved
higher after analysts at UBS raised their rating of the entertainment firm to
buy from neutral.
HP
(NYSE:HPQ) shares gained following an
upgrade of the stock by Bank of America analysts to buy from underperform.
Oddity
Tech Ltd. (NASDAQ:ODD) stock
climbed after analysts at Truist Securities improved their
rating to buy from hold, citing the beauty and wellness platform's compelling valuation.
For internal use only