About 12,500 Russians entered the U.S. through ports of entry with Mexico between October, the start of the government's budget year, and December. Most are expected to ask for asylum once they settle in the U.S., often citing government crackdowns since the start of the war in Ukraine and the mobilization announced in September to draft more troops.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings:
Coveo Solutions 3Q
Finning Intl 4Q
PrairieSky Royalty 4Q
TFI Intl 4Q
TMX 4Q
Economic Calendar (ET):
1000 Jan Ivey Purchasing Managers Index
Stocks to Watch:
BBTV Holdings Signs $16M Term Loan Agreement WIth MEP Capital Holdings; $10M of Term Loan Committed, About $6M Conditional on 1H Performance Target; BBTV to Use Loan for Working Cap, Pay out CAD Overdraft Facility With Chartered Bank
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Draganfly Signs Strategic Agreement With Remote Sensing Instruments to Make Drones for Indian Market
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International Petroleum to Acquire Cor4 Oil in Canada for $62 Million; Acquisition Includes Total Proved Plus Probable Reserves of 15.9M Barrels of Oil Equivalent as of Dec. 31, 2022; Assets to Be Acquired Have Forecast Average Net Production of Around 4,000 Barrels of Oil Equivalent a Day for 2023; Acquisition Is Expected to Complete by the End of 1Q 2023
Expected Major Events for Monday
02:00/JPN: Jan Imported Vehicle Sales
07:00/GER: Dec Manufacturing orders
07:00/GER: Dec Manufacturing turnover
09:00/UK: Jan UK monthly car registrations figures
09:30/UK: Jan S&P Global / CIPS UK Construction PMI
15:00/CAN: Jan Ivey Purchasing Managers Index
15:00/US: Jan Employment Trends Index
23:30/JPN: Dec Household Spending
23:50/JPN: Jan International Reserves / Foreign Currency
23:50/JPN: Jan Provisional Trade Statistics for 1st 20 days of Month
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Expected Earnings for Monday
Activision Blizzard (ATVI) is expected to report $0.90 for 4Q.
Affiliated Managers Group Inc (AMG) is expected to report $5.60 for 4Q.
Alico (ALCO) is expected to report for 1Q.
Arrowhead Pharmaceuticals Inc (ARWR) is expected to report $-0.15 for 1Q.
Art's Way Manufacturing (ARTW) is expected to report for 4Q.
BellRing Brands Inc (BRBR) is expected to report for 1Q.
CF Bankshares Inc (CFBK) is expected to report for 4Q.
CNA Financial Corp (CNA) is expected to report $0.95 for 4Q.
Cerence Inc (CRNC) is expected to report for 1Q.
Coffee Holding Co (JVA) is expected to report for 4Q.
Cummins Inc (CMI) is expected to report $4.76 for 4Q.
Daseke Inc (DSKE) is expected to report $0.07 for 4Q.
Enact Holdings Inc (ACT) is expected to report for 4Q.
Energizer Holdings Inc (ENR) is expected to report $0.76 for 1Q.
Enterprise Group (E.T) is expected to report for 4Q.
Farmers & Merchants Bancorp Inc (FMAO) is expected to report for 4Q.
Fastenal Co (FAST) is expected to report.
Flexsteel Industries Inc (FLXS) is expected to report $0.03 for 2Q.
Genworth Financial Inc (GNW) is expected to report $0.22 for 4Q.
Gladstone Capital Corp (GLAD) is expected to report $0.24 for 1Q.
Graham Corp (GHM) is expected to report $0.16 for 3Q.
Idexx Laboratories Inc (IDXX) is expected to report $1.94 for 4Q.
Loews Corp (L) is expected to report for 4Q.
Mesa Labs (MLAB) is expected to report $0.03 for 3Q.
MexcoEnergy (MXC) is expected to report for 3Q.
NAPCO Security Technologies Inc (NSSC) is expected to report $0.14 for 2Q.
NOV Inc (NOV) is expected to report for 4Q.
Neurocrine Biosciences Inc (NBIX) is expected to report $1.08 for 4Q.
Nicholas Financial (NICK) is expected to report for 3Q.
ON Semiconductor Corp (ON) is expected to report $1.23 for 4Q.
PetMed Express (PETS) is expected to report $0.20 for 3Q.
Pinterest Inc (PINS) is expected to report for 4Q.
Power Integrations (POWI) is expected to report $0.36 for 4Q.
Security Federal Corp (SFDL) is expected to report for 4Q.
Skyline Champion Corp (SKY) is expected to report $0.98 for 3Q.
Skyworks Solutions Inc (SWKS) is expected to report $2.05 for 1Q.
Sonnet BioTherapeutics Holdings Inc (SONN) is expected to report for 1Q.
Timken Co (TKR) is expected to report for 4Q.
Tyson Foods (TSN) is expected to report $1.50 for 1Q.
United States Lime & Minerals Inc (USLM) is expected to report for 4Q.
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ANALYST RATINGS ACTIONS
Align Technology Raised to Neutral From Sell by Goldman Sachs
Aptiv Cut to Peer Perform From Outperform by Wolfe Research
Bill.com Holdings Cut to Market Perform From Outperform by BMO Capital
Bill.com Holdings Cut to Neutral From Buy by BTIG
Bill.com Holdings Cut to Neutral From Outperform by SMBC Nikko
Boeing Cut to Sector Perform From Outperform by RBC Capital
Boyd Gaming Raised to Buy From Hold by CBRE
Camden Property Trust Cut to Neutral From Overweight by Piper Sandler
Cardinal Health Raised to Outperform From Neutral by Baird
CH Robinson Worldwide Cut to Hold From Buy by Stifel
Cognizant Tech Solutions Cut to Neutral From Outperform by Baird
ConocoPhillips Cut to Equal-Weight From Overweight by Capital One
Cyteir Therapeutics Cut to Underweight From Equal-Weight by Morgan Stanley
Erasca Raised to Overweight From Equal-Weight by Morgan Stanley
Esperion Therapeutics Raised to Equal-Weight From Underweight by Morgan Stanley
First Foundation Cut to Neutral From Overweight by Piper Sandler
Focus Financial Partners Cut to Market Perform From Outperform by BMO Capital
Generac Cut to Neutral From Buy by Guggenheim
HB Fuller Raised to Buy From Neutral by Citigroup
Hexcel Cut to Neutral From Buy by B of A Securities
Hilton Grand Vacations Cut to Hold From Buy by Jefferies
Immuneering Cut to Underweight From Equal-Weight by Morgan Stanley
International Paper Raised to Neutral From Sell by UBS
MACOM Technology Cut to Market Perform From Outperform by Northland Capital Markets
Meta Platforms Cut to Reduce From Hold by HSBC
Minerals Technologies Cut to Neutral From Buy by Sidoti & Co.
Neurocrine Raised to Overweight From Equal-Weight by Morgan Stanley
Nordstrom Raised to Hold From Reduce by Gordon Haskett
Sallie Mae Cut to Equal-Weight From Overweight by Wells Fargo
Spirit Aerosystems Cut to Sector Perform From Outperform by RBC Capital
Stanley Black & Decker Cut to Neutral From Buy by Longbow Research
Stanley Black & Decker Raised to Neutral From Sell by Citigroup
Synaptics Cut to Perform From Outperform by Oppenheimer
Travel + Leisure Cut to Hold From Buy by Jefferies
Upstart Holdings Cut to Hold From Buy by Loop Capital
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
02-06-23 0602ET
