Блог компании DayTraderClub | Америка сегодня без значительных новостей.

• Gran Tierra Energy (GTE) announced that it has received approval from the Toronto Stock Exchange to implement its previously announced normal course issuer bid through the facilities of the TSX, the NYSE MKT and eligible alternative trading platforms in Canada and the United States. Pursuant to the Bid, Gran Tierra is able to purchase for cancellation up to 5% of its issued and outstanding shares of common stock for a one year period at prevailing market prices. The brokerage firm conducting the Bid on behalf of Gran Tierra is GMP FirstEnergy, with respect to purchases made on the TSX, and Griffiths McBurney Corp., with respect to purchases made on the NYSE MKT.
• ReneSola Ltd (SOL) provided an updated outlook for its solar rooftop project pipeline in China. As of January 31, 2017, the Company had over 393 MW of solar rooftop projects in «shovel-ready» stage. All of the projects have been filed with National Development and Reform Commission, and the Company has obtained legal rights to develop these projects. The projects are located in Zhejiang, Jiangsu, Anhui, Jiangxi, Shandong, Hubei, Henan, Hebei, Shanxi, Fujian and Guangdong Provinces.
• LeddarTech Inc. and Integrated Device Technology (IDTI) announced they have entered into a partnership agreement to jointly carry out the development and supply of the LeddarCore LCA2 integrated circuits. The LeddarCore is a receiver IC which is a key element within an automotive LiDAR system. This newest generation of LeddarCore IC enables solid-state implementations of high-performance, low-cost automotive LiDARs, which are required for the mass-market deployment of semi-autonomous and autonomous vehicles.
• Today Air Lease Corporation (AL) announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE's GEnx engines, all from ALC's order book with Boeing. Delivery of the aircraft is scheduled to begin in the first quarter of 2019, with three deliveries in 2019 and two deliveries in 2020.
• GoDaddy (GDDY) recorded its best-ever Sunday for attracting new customers in the books, courtesy of a successful Super Bowl campaign. About half of new customers signed up for GoDaddy's innovative mobile-friendly website builder, GoCentral. Among the 'big wins' for GoDaddy's Super Bowl marketing campaign: 19 MM+ video views of its Super Bowl ad & teasers clips, across all social channels; Mobile traffic spike, with 58% of its web traffic during the ad coming from tablets/smartphones; 62% of all GoCentral websites registered were built by customers in less than an hour.
• Sabre Corporation (SABR) began the Year of the Rooster with a new multi-year agreement with Omega Travel, a travel agency and tour operator with branches across the United Kingdom. Omega Travel, a global company that started its life specialising in travel to the Far East, will now have access to the latest technology through which to shop, book and manage travel for customers.
• Global real estate investment company Kennedy Wilson (KW) announced that the company and its partner acquired Radius, a 282-unit multifamily community in the South Lake Union submarket of Seattle, Washington, for $141 million. In a 50/50 joint-venture, the company and its partner invested a total of $72 million of equity, of which $58 million was funded from the December 2016 sale of The Grove, a 331-unit apartment community built in 1964 in San Jose, California. The partnership also secured a 10-year fixed-rate loan of $70 million at a rate of 4.06%, interest-only for the first five years.
• Disguise, the Halloween costume division of JAKKS Pacific (JAKK), secured a licensing agreement with Mojang & Microsoft (MSFT) to create children's Halloween costumes, Halloween accessories, and everyday dress up based on Minecraf, the video game where players dig & build 3D blocks within a world of terrains & habitats to explore.

Equity indices in the Asia-Pacific region began the week on a higher note, seeing some carryover strength from Friday's rally on Wall Street. China's January Caixin Services PMI (53.1; expected 53.6) disappointed, representing the first month-over-month decline in four months. Employment in the manufacturing sector declined while the pace of hiring increased for the service sector.

• In economic data:
  • China's January Caixin Services PMI 53.1 (expected 53.6; last 53.4)
  • Australia's Q4 Retail Sales +0.9% quarter-over-quarter, as expected (last -0.1%). December Retail Sales -0.1% month-over-month (expected 0.3%; last 0.1%). January ANZ Job Advertisements 4.0% month-over-month (last -2.2%) and MI Inflation Gauge 0.6% month-over-month (last 0.5%)
  • Japan's December Overtime Pay -1.9% year-over-year (last -1.3%) and Average Cash Earnings +0.1% year-over-year (last 0.4%; previous 0.5%)

---Equity Markets---

• Japan's Nikkei gained 0.3% with Yahoo Japan surging 15.2% in reaction to better than expected earnings. Nippon Electric Glass, Sony Financial Holdings, Oki Electric, J Front Retailing, Trend Micro, and Fast Retailing gained between 1.6% and 6.4%. On the downside, Yamaha plunged 11.2%.
• Hong Kong's Hang Seng climbed 1.0% with help from most components. Financials ended among the leaders with China Life Insurance, Ping An Insurance, BoC Hong Kong, Bank of China, Hang Seng Bank, and HSBC rising between 0.8% and 7.2%. Gaming and casino names struggled with Sands China falling 3.4% and Galaxy Entertainment ending lower by 0.5%.
• China's Shanghai Composite added 0.5%. Hunan Copote Science & Technology, Long Yuan Construction Group, Nuode Investment, and Xiangtan Electric Manufacturing gained between 5.1% and 5.9%.
• India's Sensex rose 0.7% to levels from early October. Most components took part in the rally with Sun Pharma jumping 4.2%. ICICI Bank and AXIS Bank posted respective gains of 3.2% and 1.5% while HDFC Bank added 0.2%. On the downside, Cipla and Dr Reddy's Labs lost 1.1% and 1.5%, respectively.

---FX---

• USDJPY -0.2% to 112.48
• USDCNY -0.1% to 6.8625
• USDINR +0.1% to 67.199

Major European indices trade in mixed fashion with Italy's MIB (-1.3%) showing relative weakness. Bank stocks have paced the decline in Italy and the country's bonds have also faced some selling. Italy's 10-yr yield is higher by six basis points at 2.32% while Germany's 10-yr yield is down four basis points at 0.38%. In France, presidential candidate Francois Fillon is expected to speak today amid growing calls for his resignation from the race.

• In economic data:
  • Eurozone February Sentix Investor Confidence 17.4, as expected (last 18.2). Retail PMI 50.1 (last 50.4)
  • Germany's December Factory Orders +5.2% month-over-month (expected 0.5%; last -3.6%)

---Equity Markets---

• UK's FTSE is higher by 0.1%. Select miners and financials are among the leaders with Randgold Resources, Fresnillo, Glencore, Standard Chartered, Lloyds Banking, and Provident Financial show gains between 0.8% and 4.7%. On the downside, homebuilders Taylor Wimpey, Persimmon, and Barratt Developments hold losses between 1.3% and 1.5%.
• France's CAC hovers near its flat line. Financials trade mostly lower with Credit Agricole, Societe Generale, and AXA down between 0.4% and 1.0% while BNP Paribas sits just above the unchanged level.
• Germany's DAX has given up 0.5% amid broad weakness. Heavyweights Continental, Deutsche Bank, Volkswagen, and BMW are down between 0.8% and 1.6%. Drug makers Bayer and Merck outperform, trading just above their flat lines.
• Italy's MIB trades down 1.3%. Financials lag with Banca Pop Emilia Romagna, Banco Bpm, UniCredit, UBI Banca, and FinecoBank losing between 2.3% and 4.0%.

• JA Solar Holdings (JASO) announced that China Export & Credit Insurance Corporation provided export buyer's credit insurance to export around 300 MW JA Solar modules for a PV project developed by the multinational energy company ENEL S.p.A. in Brazil. The total amount insured was US $145 million.
• MediWound Ltd. (MDWD) announced that the European Medicines Agency has endorsed the extension of the Children Innovative Debridement Study (CIDS) population to include patients age one to 18. Based on the recommendation of the study's Data Safety Monitoring Board (DSMB), after blindly reviewing the accumulated CIDS data, and the EMA endorsement, MediWound will initiate the second stage of the study that allows inclusion of younger pediatric burn patients beginning at the minimum age of one instead of four years of age.
• The European Commission has approved, under the EU Merger Regulation, the acquisition of Fyffes (FYFFF) of Ireland by Sumitomo of Japan. Fyffes is active in the production, procurement, distribution and marketing of fresh fruits and mushrooms. Fyffes also provides ripening services to third parties. Sumitomo is active in a wide range of sectors, including the production, procurement and distribution of vegetable and fresh fruits through its subsidiary Sumifru. The Commission concluded that the proposed acquisition would raise no competition concerns because the companies' activities do not overlap in the European Economic Area.
• Veeva Systems (VEEV) announced Veeva Vault Submissions Publishing, a new cloud application that seamlessly incorporates publishing capabilities within Veeva Vault RIM to speed regulatory submission delivery. The addition of Vault Submissions Publishing unifies publishing capabilities and enterprise content management to streamline end-to-end submission development. Now life sciences companies can plan, review, publish, archive, and validate submissions within a single cloud platform.
• Immunovaccine announced that the UHN's Princess Margaret Cancer Center will conduct a Phase 2 clinical trial to evaluate the use of a combination of immunotherapies from Immunovaccine and Merck (MRK). 
• RADCOM (RDCM) announced that it has appointed Rami Amit, a telecom industry veteran, to its newly created Chief Technology Officer and Head of Product position to advance its first mover advantage in the growing market of NFV-ready service assurance. Rami will play a key role in shaping RADCOM's technology strategy and vision, as the company looks to provide Communication Service Providers with a cost effective, highly scalable, software only solution to assure their customer experience.

Upgrades: 

• Lloyds Banking (LYG) upgraded to Buy from Hold at HSBC
• Total S.A. (TOT) upgraded to Buy from Hold at Deutsche Bank
• Yahoo Japan (YAHOY) upgraded to Buy from Hold at Deutsche Bank
• Nordea Bank (NRBAY) upgraded to Buy from Hold at Jefferies
• Subsea 7 SA (SUBCY) upgraded to Buy from Hold at Jefferies
• William Demant Holding (WILYY) upgraded to Buy from Neutral at UBS
• Antofagasta plc (ANFGY) upgraded to Neutral from Underperform at Exane BNP Paribas
• Compass Group PLC (CMPGY) upgraded to Hold from Sell at Societe Generale
• easyJet (ESYJY) upgraded to Neutral from Reduce at Oddo
• ITV plc (ITVPY) upgraded to Buy from Hold at Investec
• William Hill PLC (WIMHY) upgraded to Equal Weight from Underweight at Morgan Stanley
• Danske Bank A/S (DNKEY) upgraded to Buy from Hold at Arctic Securities
• Next (NXGPF) upgraded to Sector Perform from Underperform at RBC Capital Mkts

Downgrades: 

• AstraZeneca (AZN) downgraded to Sell from Hold at Shore Capital
• John Wood Group plc (WDGJF) downgraded to Hold from Buy at Jefferies
• Popular (BPOP) downgraded to Hold from Buy at Jefferies
• Popular (BPOP) downgraded to Underperform from Market Perform at Keefe Bruyette
• Premier Foods (PRRFY) downgraded to Sell from Hold at Societe Generale
• Sonova (SONVY) downgraded to Sell from Neutral at UBS

Miscellaneous: 

• Ahold Delhaize (ADRNY) initiated with an Outperform at Credit Suisse

Treasuries Rally as Eurozone Economic Sentiment Jumps

• U.S. Treasury yields are moving lower today ahead of a U.S. session with no scheduled economic data releases. In international news, eurozone economic sentiment jumped sharply and German factory orders surged. Nevertheless, eurozone core/periphery spreads are widening sharply as French presidential contender Marine Le Pen released plans to restrict trade and pull France from the eurozone. Greek debt calmed down after a very volatile trade last week as the International Monetary Fund got ready to discuss its participation in Greece's bailout. The S&P 500 is set to open down 0.12% to 2,294.1 and the U.S. Dollar Index is 0.14% higher at 100.01. WTI crude is adding 0.11% to $53.89/bbl. and gold has jumped 0.65% to $1,228.7/troy oz., a two-month high
• Yield Check:
  
  • 2-yr: -2 bps to 1.19%
  • 5-yr: -3 bps to 1.88%
  • 10-yr: -2 bps to 2.44%
  • 30-yr: -2 bps to 3.07%

• International News:
  
  • China's Caixin Services PMI unexpectedly fell to 53.1 for January from 53.4 in December
  • Australian retail sales fell 0.1% m/m in December (+0.9% q/q), missing estimates and undoing the 0.1% growth in November
    
    • ANZ Internet Job Ads increased by 4.0% m/m in January after dropping 1.9% in December
  • German factory orders jumped by 5.2% m/m in December, handily beating estimates and reversing November's 3.6% slide. December's growth was the fastest in five years
  • The eurozone's retail purchasing managers' index dipped to 50.1 for January from 50.4 for December
  • Ifo's index of economic confidence for the eurozone jumped to 17.2 for January from 8.2 in the prior month. January's reading was the best since the relapse of the Greek crisis in 2015
  • The eurozone's Sentix Investor Confidence index fell to 17.4 for February from 18.2 in January, as expected

• Fed Speaker:
  
  • Philadelphia Fed President Harker (FOMC voter) (16:30 ET)

OAT/Bund Spread Moves to 4-Year High

• The spread between French and German 10-year note yields hit a four-year high of 73 basis points as French presidential candidate Marine Le Pen announced her plans to limit free trade and withdraw France from the eurozone. A Le Pen victory in April remains a long shot. French and Spanish 10-year yields both hit one-year highs today as the economic data out of the eurozone was actually quite good, with a survey from Ifo showing economic sentiment rising to a multi-year high and German factory orders surging in December. Despite political risks in the single-currency bloc, eurozone real GDP growth exceeded the U.S.'s in the fourth quarter of 2016 and the euro area still has substantial slack with the unemployment rate at 9.6%. That means that monetary policy can remain extremely accommodative for some time to come although housing prices in Germany have begun appreciating with negative interest rate policy
• European Economic Data:
  
  • German factory orders jumped by 5.2% m/m in December, handily beating estimates and reversing November's 3.6% slide. December's growth was the fastest in five years
    
    • Germany's construction purchasing managers' index fell to 52.0 for January from 54.9 in December, missing expectations for modest improvement
  • Norwegian industrial production fell 2.7% m/m in December after growing by 0.7% in November
  • Retail sales in the Czech Republic grew by 3.7% y/y in December, slowing from November's 8.6% growth
  • The eurozone's retail purchasing managers' index dipped to 50.1 for January from 50.4 for December
  • Ifo's index of economic confidence for the eurozone jumped to 17.2 for January from 8.2 in the prior month. January's reading was the best since the relapse of the Greek crisis in 2015
    
    • The eurozone's Sentix Investor Confidence index fell to 17.4 for February from 18.2 in January, as expected
• Yield Check:
  
  • France, 10-yr OAT: unch at 1.08%
  • Germany, 10-yr bund: -6 bps to 0.36%
  • Greece, 10-yr note: +2 bps to 7.47%
  • Italy, 10-yr BTP: +8 bps to 2.34%
  • Portugal, 10-yr PGB: +4 bps to 4.19%
  • Spain, 10-yr ODE: +3 bps to 1.73%
  • U.K., 10-yr gilt: -5 bps to 1.31%

• Veracyte (VCYT) announced that Palmetto GBA, a Medicare Administrative Contractor, has finalized its coverage policy for the Percepta Bronchial Genomic Classifier. This local coverage determination makes Percepta the first genomic test to be covered by Medicare for improved lung cancer screening and diagnosis. Developed through the Medicare MolDx program, the policy will become effective March 13, 2017 and provides a framework for other participating MACs to follow.
• Callidus Software (CALD) announced it has expanded its partnership with Salesforce. This new, multi-year deal enhances the position of CallidusCloud—a Salesforce Platinum ISV Partner delivering solutions on the AppExchange since 2006—by including new joint marketing investments, joint sales activities and technical alignment.
• PPG (PPG) and Universal Display Corporation (OLED) announced that Universal Display will invest $15 million in PPG's Barberton, Ohio, manufacturing facility to double commercial production capacity for Universal Display's proprietary UniversalPHOLED phosphorescent emitter products. The expansion project, which will add more than 20 positions at the facility, is scheduled to be completed in the third quarter 2017.
• Advaxis (ADXS) announced that the first patient has been enrolled and dosed in its AIM2CERV (Advaxis IMmunotherapy 2 prevent CERVical recurrence) trial, the only company-sponsored global phase 3 trial enrolling patients with advanced stage cervical cancer. The company plans to enroll ~450 patients at 150 global sites. 
• The Harrogate Bus Company, owned by Transdev Blazefield, buys eight electric buses from Volvo (VLVLY). The vehicles will operate in Harrogate, 90 km northeast of Manchester. The project was unveiled at an event on February 3 where Volvo's fully electric bus from Gothenburg was demonstrated.
• Vale (VALE) disclosed in a regulatory filing that it expects to recognize impairments (with no cash effect) in its fertilizers segment, with an impact in its results of approximately $1.2 billion after tax, resulting from the agreement to sell certain assets for $2.5 billion announced in December 2016. Also, as a result of a lower price outlook for certain products, the co expects to recognize additional impairments (with no cash effect) in its base metals operations in Vale Newfoundland and Labrador (VNL) and Vale New Caledonia (VNC). The co has not yet finally determined the amount of these impairments in VNL and VNC, but based on current estimates the company expecte it to be significantly less than the impairment recognized on these assets in 2015.

Gapping down
In reaction to disappointing earnings/guidance:

• DRD -6.7%, NWL -3%, NAT -2.2%, ATW -1.2%, AINV -1.2%, CNA -0.5%

M&A news:

• DHT -1% (rejects Frontline's (FRO) proposal)

Select financial related names showing weakness:

• SAN -2.3%, DB -1.6%, RBS -1.4%, CS -1.2%, BBVA -1%

Other news:

• SHIP -8.3% (entered into equity distribution agreement with Maxim to offer and sell up to $20 million of its common shares)
• PETX -6.6% (provides business update)
• TIF -4.4% (CEO steps down, co commences search successor; downgraded to Neutral from Buy at Mizuho)
• MDWD -4.1% (EMA has endorsed the extension of the Children Innovative Debridement Study population to include patients age one to 18; co will initiate the second stage of the study)
• NXTD -3.8% (files to withdraw Registration Statement on Form S-3 filed Sept 30, 2016)
• CACC -2.4% (received CID on Nov 7 from the FTC seeking information on the polices, practices and procedures in allowing car dealers to use GPS Starter Interrupters on consumer vehicles)

Analyst comments:

• BLUE -4.5% (downgraded to Neutral from Buy at ROTH Capital)
• VSTO -1.8% (downgraded to Neutral from Buy at DA Davidson)
• IP -1.2% (downgraded to Underweight from Equal Weight at Barclays )
• AZN -0.6% (downgraded to Sell from Hold at Shore Capital)
• AN -0.5% (downgraded to Hold from Buy at Evercore ISI)

The stock market is on track for a lower opening as the S&P 500 futures trade four points below fair value.

Earnings will remain in focus this week as around 70 S&P 500 constituents are due to report quarterly results throughout the week. 

Tyson Foods (TSN 66.80, +1.41) and Newell Brands (NWL 45.50, -1.39) kicked off today's earnings with mixed results. Shares of TSN are up 1.2% in pre-market trade after the company reported better than expected results and issued positive guidance. Meanwhile, NWL has slipped 3.0% after missing revenue estimates and issuing mixed guidance. 

Hasbro (HAS 92.25, +9.62) also reported earnings this morning. The company has spiked 10.8% after beating top and bottom line estimates in addition to raising its quarterly dividend. The impressive showing flew in the face of the disappointing results reported by competitor Mattel (MAT 26.20, +0.38) at the end of January.