Russia has increasingly reverted to the use of its Iranian-made drones after receiving what was likely a new shipment of them earlier this month. Even after Ukraine shot down the first shipment, Iranian officials were carrying out training on their Mohajer and Shahed 136-series drones in Crimea, Ukrainian officials said.
Ron DeSantis Holds Early Lead Over Donald Trump Among GOP Primary Voters, WSJ Poll Shows
Republican primary voters have high interest in Florida Gov. Ron DeSantis as a potential 2024 presidential nominee and view him more favorably than they do former President Donald Trump, a new Wall Street Journal poll shows.
In a hypothetical contest between the two, Mr. DeSantis beats Mr. Trump, 52% to 38%, among likely GOP primary voters contemplating a race in which the first nomination votes will be cast in just over a year.
Sam Bankman-Fried's Alleged Campaign Finance Violations Explained
U.S. authorities have accused Sam Bankman-Fried of violating federal campaign finance law as part of what they called a sweeping scheme to defraud customers of FTX, the crypto firm he founded.
Here's what we know-and don't know-about the campaign finance allegations against Mr. Bankman-Fried from his indictment and lawsuits filed by the Securities and Exchange Commission and Commodity Futures Trading Commission.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings:
None scheduled
Economic Calendar (ET):
0830 Oct Monthly Survey of Manufacturing
Stocks to Watch:
Triple Flag Signs Definitive Agreements For Acquisition Of Gross Revenue Return And Stream On Prieska
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Valens Granted Additional 180 Calendar Day Grace Period by Nasdaq to Regain Compliance With Minimum Bid Price Rule
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Wall Financial 3Q Rev C$39.9M Vs. C$30.3M; 9-Mos EPS C$1.43 Vs. EPS C$0.42; 9-Mos Rev C$113.8M Vs. C$212.2M; Attributes Higher Net Earnings to Sale of Investment Property, Improved Ops at Hotels
Expected Major Events for Wednesday
00:01/UK: Nov Scottish Retail Sales Monitor
04:30/JPN: Oct Revised Industrial Production
07:00/UK: Nov POSTPONED: UK producer prices
07:00/UK: Nov UK monthly inflation figures
09:00/ITA: 3Q Labour Cost Index
09:00/GER: Ifo Economic Forecast
09:30/UK: 3Q Business Finance Review
09:30/UK: Oct UK House Price Index
12:00/US: 12/09 MBA Weekly Mortgage Applications Survey
13:30/US: Nov Import & Export Price Indexes
13:30/CAN: Oct Monthly Survey of Manufacturing
15:30/US: 12/09 EIA Weekly Petroleum Status Report
16:59/FRA: Dec IEA Oil Market Report
19:00/US: Federal Reserve economic projections
19:00/US: U.S. interest rate decision
23:50/JPN: Nov Provisional Trade Statistics for the Month
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Expected Earnings for Wednesday
Allena Pharmaceuticals Inc (ALNAQ) is expected to report $-0.48 for 3Q.
Charles Schwab (SCHW) is expected to report.
Citius Pharmaceuticals Inc (CTXR) is expected to report $-0.05 for 4Q.
CleanSpark Inc (CLSK) is expected to report for 4Q.
Great Panther Mining Ltd (GPL,GPR-T) is expected to report for 3Q.
Helix BioPharma (HBP.T,HBPCF) is expected to report for 1Q.
Innovative Solutions & Support Inc (ISSC) is expected to report for 4Q.
IronNet Inc (IRNT) is expected to report for 3Q.
Lennar Corp - A Share (LEN,LENB) is expected to report $4.89 for 4Q.
NASB Financial (NASB) is expected to report for 3Q.
Nordson Corp (NDSN) is expected to report $2.32 for 4Q.
Ocean Power Technologies Inc (OPTT) is expected to report for 2Q.
Planet Labs PBC (PL) is expected to report for 3Q.
Progressive Corp (PGR) is expected to report.
Pure Bioscience (PURE) is expected to report for 1Q.
RCI Hospitality Holdings Inc (RICK) is expected to report $1.38 for 4Q.
Rev Group Inc (REVG) is expected to report $0.23 for 4Q.
Schmitt Industries (SMIT) is expected to report for 1Q.
Scorpio Tankers (STNG) is expected to report for 4Q.
Streamline Health (STRM) is expected to report $-0.07 for 3Q.
TerraVest Industries Inc (TVK.T) is expected to report for 4Q.
Trip.com Group Ltd (K3RD.SG,TCOM) is expected to report for 3Q.
Uranium Energy Corp (UEC) is expected to report for 1Q.
Weber Inc (WEBR) is expected to report for 4Q.
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ANALYST RATINGS ACTIONS
Affirm Holdings Cut to Neutral From Buy by B of A Securities
Amerant Bancorp Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
American Natl Bankshares Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Bar Harbor Bankshares Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Bright Health Group Cut to Sell From Neutral by Goldman Sachs
Capital Bancorp Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Carrier Global Cut to Sector Weight From Overweight by Keybanc
Centene Cut to Underperform From Neutral by B of A Securities
Coherent Raised to Overweight From Equal-Weight by Morgan Stanley
Comerica Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Coupa Software Cut to Hold From Buy by Needham
Coupa Software Cut to Hold From Buy by Truist Securities
Coupa Software Cut to Market Perform From Outperform by Raymond James
Coupa Software Cut to Peer Perform From Outperform by Wolfe Research
Coupa Software Raised to Neutral From Underperform by Credit Suisse
Coupa Software Raised to Sector Perform From Underperform by RBC Capital
Discover Financial Cut to Underperform From Buy by B of A Securities
Easing Inflation Could Help Consumer-Facing Stocks -- Market Insight
Equinix Raised to Outperform From Market Perform by Cowen & Co.
FB Financial Cut to Equal-Weight From Overweight by Stephens & Co.
FB Financial Cut to Neutral From Overweight by Piper Sandler
First Hawaiian Raised to Neutral From Underweight by JP Morgan
FNB Corp Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Heartland Financial Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Home BancShares Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Humana Raised to Buy From Neutral by Goldman Sachs
Huntington Bancshares Cut to Underweight From Neutral by JP Morgan
Independent Bank MA Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Independent Bank MI Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Inspire Medical Systems Raised to Buy From Neutral by Goldman Sachs
KeyCorp Cut to Underweight From Neutral by JP Morgan
Live Oak Bancshares Cut to Underweight From Neutral by JP Morgan
MidWestOne Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Molina Health Raised to Neutral From Underperform by B of A Securities
MultiPlan Cut to Neutral From Buy by Citigroup
NetApp Cut to Underweight From Equal-Weight by Morgan Stanley
Norwegian Cruise Line Cut to Neutral From Buy by UBS
Pfizer Raised to Buy From Neutral by Goldman Sachs
Phreesia Raised to Buy From Neutral by Citigroup
Pinterest Raised to Overweight From Neutral by Piper Sandler
Premier Financial Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Robinhood Markets Cut to Neutral From Buy by Citigroup
Sabra Healthcare REIT Cut to Market Perform From Market Outperform by JMP Securities
Shore Bancshares Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Synchrony Financial Cut to Neutral From Buy by B of A Securities
Trimble Cut to Market Perform From Outperform by Raymond James
TriplePoint Venture Grwth Cut to Neutral From Overweight by Piper Sandler
US Bancorp Raised to Outperform From Market Perform by Keefe, Bruyette & Woods
UserTesting Cut to Market Perform From Strong Buy by Raymond James
UserTesting Cut to Neutral From Overweight by Piper Sandler
Weber Raised to Neutral From Sell by Citigroup
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
12-14-22 0610ET
