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November 28, 2012
08:01 EDTTFM, KCG, GWRE, EXPR, SDRL, COST, GMCROn The Fly: Pre-market Movers
HIGHER AFTER EARNINGS: Green Mountain Coffee Roasters (GMCR), up 22%... Express (EXPR), up 14%... ALSO HIGHER: Knight Capital (KCG), up 6% after WSJ reports Virtu takes lead bidder position... Costco (COST) up 5% after declaring $7/share special dividend... LOWER AFTER EARNINGS: Guidewire (GWRE), down 8%... The Fresh Market (TFM), down 9%, also disclosed resignation of CFO... ALSO LOWER: Seadrill (SDRL), down 1.4%, downgraded to Hold at Deutsche Bank.
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October 2, 2015
15:36 EDTGWREGuidewire to hold an analyst and investor meeting
Analyst and Investor Meeting to be held in New York on October 7 at 12:30 pm. Webcast Link
09:13 EDTGMCROn The Fly: Pre-market Movers
HIGHER: Wynn Resorts (WYNN), up 6.7% after reports indicate Chinese government may enact new policies to support Macau's economy. Shares of fellow Macau casino operators Las Vegas Sands (LVS) and MGM Resorts (MGM) are also higher in pre-market trading. UP AFTER EARNINGS: Micron (MU), up 3.3%... CalAmp (CAMP), up 9%. DOWN AFTER EARNINGS: Progress Software (PRGS), down 14.5%. ALSO LOWER: Valeant (VRX), down 4.5% after being downgraded to Equal Weight from Overweight at Morgan Stanley... Keurig Green Mountain (GMCR), down 3.4% after disclosing that its president of U.S. sales and marketing resigned... AIG (AIG), down 3% after being downgraded to Market Perform from Outperform at FBR Capital... Gilead (GILD), down 2% following a downgrade to Equal Weight at Morgan Stanley.
October 1, 2015
19:23 EDTGMCROn The Fly: After Hours Movers
UP AFTER EARNINGS: CalAmp (CAMP), up 9%... Micron Technology (MU), up 7%. ALSO HIGHER: bebe stores (BEBE), up 12.7% after reaffirming its first quarter guidance and announcing that its September Same Store Sales turned positive... Coherus Biosciences (CHRS), up 7.5% after CHS-1701 PK/PD study met primary PD endpoints... Nordstrom (JWN), up 3.6% after announcing a special cash dividend and additional $1B repurchase program. DOWN AFTER EARNINGS: Progress Software (PRGS), down 15.7%. ALSO LOWER: Keurig Green Mountain (GMCR), down 3.1% after disclosing the that president of U.S. sales and marketing, John Whoriskey, resigned... T-Mobile (TMUS), down 1.4% after Experian (EXPGY) disclosed a data breach affecting T-Mobile customers... XenoPort (XNPT), down 5.2% after announcing that the company will discontinue the development of XP23829.
17:14 EDTGMCRKeurig Green Mountain discloses departure of president of U.S. sales, marketing
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September 30, 2015
11:23 EDTCOSTCostco expects to add 32 net new warehouses in FY16
Says expects to add 32 net new warehouses in FY16, with 18-20 of these in the U.S. Says inventories "in good shape." Sees FY16 CapEx $2.8B-$3B. Comments made on the Q4 earnings conference call. Costco is up 0.49% to $144.43 in late morning trading.
09:13 EDTCOSTOn The Fly: Pre-market Movers
HIGHER: Mediwound (MDWD), up 25.5% after being awarded a BARDA contract valued up to $112M... Novavax (NVAX), up 8.4% after RSV F vaccine meets safety endpoints in its Phase 1 clinical trial... Western Digital (WDC), up 11.7% after receiving a $3.78B equity investment by Unisplendour Corporation... Esperion Therapeutics (ESPR), up 9.9% after being upgraded to Neutral from Sell at Chardan and after JPMorgan said they still see longer-term upside in the shares... Pericom Semiconductor (PSEM), up 6.5% after Montage Technology proposes to acquire the company for $18.50 per share... Fiat Chrysler (FCAU), up 5.2% after CNBC reported that the company could launch Ferrari's IPO as soon as Friday. NOTABLE: Ralph Lauren (RL), up 6.4% after appointing Gap's (GPS) global president of Old Navy, Stefan Larsson as CEO... Gap is down 7.4%. DOWN AFTER EARNINGS: Barracuda Networks (CUDA), down 28.5%... Costco (COST), down a half a percent.
08:56 EDTGWREGuidewire selected by Pekin Insurance to enhance system processing
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05:22 EDTCOSTCostco reports Q4 EPS $1.73, consensus $1.66
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September 29, 2015
15:22 EDTCOSTCostco October weekly 143 straddle priced for 3.2% movement into Q4
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10:00 EDTCOSTOn The Fly: Analyst Initiation Summary
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07:28 EDTGMCRKeurig CEO: Kold machine to drive long-term growth, Reuters reports
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06:14 EDTCOSTCostco October weekly volatility elevated into Q4 and outlook
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06:10 EDTCOSTCostco initiated with an Outperform at Telsey Advisory
Target $152.
September 28, 2015
11:31 EDTSDRLDeutsche Bank sees bottom nearing for offshore drillers, upgrades two in space
Detusche Bank upgraded Diamond Offshore (DO) and Transocean (RIG) to Hold from Sell, saying that the companies should be boosted by upcoming reductions in the number of drilling rigs deployed by energy companies. WHAT'S NEW: As many as 180 drilling vessels may cease activity over the next 12-18 months, wrote Deutsche Bank analyst Mike Urban today. The energy sector seems to have become "more realistic" about the need to reduce supply and the offshore drilling industry is "on the cusp of a major restructuring" that should mark the bottom for valuations and pricing, he explained. Addressing the long-term outlook of deepwater drilling, Urban contended that the consensus outlook, which predicts that deepwater drilling will disappear, is incorrect. In ten years, there will be demand for 320 floating rigs, versus the 225 that are active today, Urban predicted. Over the long-term ,energy companies will have to "go where the oil is," and the oil is located in deep water, the analyst explained. He raised his price target on Diamond to $21 from $17 and on Transocean to $10 from $6. WHAT'S NOTABLE: A former executive at Petrobras (PBR) testified to receiving payments made by someone claiming to be an agent of Transocean in exchange for a rig-operation contract, linking the offshore rig contractor for the first time to the corruption probe of Brazil's state-run oil company, reported Bloomberg on September 24. The news outlet cited testimony from last month as its source for the story. Subsequently, Transocean said that it had not identified any wrongdoing by its employees vis-a-vis Petrobras and is "committed to doing business lawfully and with the highest ethical standards." PRICE ACTION: In morning trading, Diamond fell 4% to $17.62 and Transocean lost 1.75% to $12.36. OTHERS TO WATCH: Other oil and gas well drillers include Helmerich & Payne (HP), Ensco (ESV), Nabors Industries (NBR) and Seadrill (SDRL), all of which are in negative territory this morning.
10:17 EDTGWREGuidewire management to meet with JMP Securities
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September 25, 2015
07:24 EDTKCGUBS to hold a conference
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07:22 EDTCOSTCostco October weekly volatility elevated into Q4 and outlook
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September 24, 2015
06:50 EDTCOSTAmerican Express price target lowered to $70 from $85 at Jefferies
Jefferies analyst John Hecht says that even with the recent selloff, shares of American Express do not offer "compelling rewards" at current levels. Hecht believes AmEx is nearing saturation in its core demographic, the highly-affluent consumer, and views the Costco (COST) loss as a "significant challenge to overcome." American Express remains the industry leader in terms of rewards, but the gap to competitors has narrowed, Hecht tells investors in a research note. The company faces "several discrete headwinds" over the coming quarters, the analyst concludes. He cut his price target for AmEx shares to $70 from $85 and keeps a Hold rating on the name. The credit card provider closed yesterday down 8c to $75.63. Hecht has Buy ratings on card peers Discover (DFS) and Synchrony Financial (SYF).

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