In After Hours Trading
IPOs on deck This Week: Lyft and Levi Strauss will go public this week at $62 to $68 and $14 to $16. Other IPOS this week 8i Enterprises, Alight Inc, Insurance Acquisition and Up Fintech Holdings.
IPOs on deck for Today: None of note.
Secondaries on deck: of note.
Convertible or Senior Notes on Deck: of note.
IPO Filings Announced After The Close: None filed today to go public.
Announcements For Secondary Filings & Financings: CDAY LLEX common stock offering.convertible offering. issues senior notes. WHD BDGE STML files mixed shelf offering.
Earnings After The Close:
Beat: None of note.
Flat: None of note.
Missed: None of note.
News After The Close:
Synaptics (SYNA) sees Q3 at the lower end of its range and announces the CEO Richard Bergman is leaving immediately.
CNN reports U.S. Trade Representative Robert Lighthizer is lobbying for U.S. trade deal with Mexico and Canada.
Dividend Increases: XAN
Stock Repurchase: PEGA TRMK
Hourly Action This Past Week:
What a difference hourly action has seen since Friday, March 8th 1:00 onward. Last week was a nice recovery but we note by the end of the week the later hours could not hold the gains.
Courtesy of Quantitative Partners, Inc.
What’s Happening This Morning: Futures on the S&P 500 have been climbing since 10 p.m. EDT. We are near the highs for the morning.
U.S. futures: S&P +1, Dow Jones -67, NDX +4 and Russell 2000 +0.10 with fair values LOWER ADDING TO GAINS. Asia higher and Europe mixed, click through for details by country.
Gold, silver and copper higher. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is flat vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price 122.94 from 122.70 with yields lower since Friday morning with the yield at 2.596% from 2.63%. Prices as of 8:15 a.m. EST.
Top Sectors Friday: All lead by Conglomerates, Technology, Consumer Goods and Healthcare.
Weakest Sectors Friday: None of note.
One Month Winners: Technology, Utilities, Conglomerates and Services.
Three Month Winners: Industrials, Technology, Services, Conglomerates and Financials.
Six Month Winners: Utilities,Conglomerates and Technology.
Twelve Month Winners: Utilities, Conglomerates, Healthcare and Services.
Year to Date: All higher led by Conglomerates, Industrial Goods, Technology, Services, Materials and Utilities.
Upcoming Earnings Of Note (sorted by market cap, highest to lowest):
Today After The Close: TLRY HQY SYNH TACO ARA EVC AMRS.
Tuesday Before The Open: HDS DSW MK BITA DLTH.
Earnings This Morning Of Note:
Beat Estimates: LL +0.01, QD +0.06
Flat:
Missed Estimates: OSTK -0.61.
Rags & Mags: Highlighted Stories may be clicked through to the original story.
Top Story: Lyft to raise $2 billion in IPO this week. (CNBC)
Five Things You Need To Know To Start Your Day. (Bloomberg)
France does not want EU to rush into a trade deal with the U.S. (FT)
Feds are looking into Boeing (BA) and the approval of the 737 Air Max 8. (WSJ)
OPEC cancels April meeting and maintain output levels. (Reuters)
