U.S. District Judge Mark E. Walker said that parts of the law, known as SB 90, specifically those related to drop boxes, voter-registration groups and activity around polling places, violated the Voting Rights Act and the 14th and 15th Amendments of the U.S. Constitution.
Write to sarka.halas@wsj.com TODAY IN CANADA
Earnings:
None scheduled
Economic Indicators (ET):
0930 Mar Manufacturing PMI
Stocks to Watch:
Shares of BlackBerry traded almost 3% lower in premarket trading Friday after the company posted fourth-quarter revenue that missed analysts' estimates.
BlackBerry reported adjusted earnings in the period of 1 cent a basic share, better than estimates that called for a loss of 5 cents. Revenue in the period of $185 million, however, missed Wall Street forecasts of about $187 million.
Buhler Industries: Rev for 15-Mth Period Ended Dec. 31, 2021, at C$317.2M; Expects Margin Improvement From Increased Customer Demand, Reducting in Manufacturing Costs
GreenFirst: Hires Alfred Colas as Chief Fincl Officer, Effective April 4
NXT Energy Solutions: 4Q Loss/Shr C$0.02; 2021 Loss/Shr C$0.05
Trevali Mining: Reports 2021 Mineral Reserves and Resources Including a 50% Increase to Mineral Reserves at Rosh Pinah; 4.9M Ton Increase in Consolidated Proven and Probable Mineral Reserves, a 28% Increase Over the Yr Ended 2020
Very Good Food: 4Q Rev C$4.3M Vs. C$1.8M; 4Q Loss/Shr C$0.12 Vs. Loss C$0.06; 2021 Rev C$12.3M Vs. C$4.6M; 2021 Loss/Shr C$0.53 Vs. Loss C$0.21; 4Q Rev Partly Supported by Seasonal Demand for Holiday Products; Focused on Investment, Top-Line Growth in 2021;
Very Good Food: Will Be More Measured, Focused on Establishing Clear Path to Profitability in 2022; Cash Burn in Past Several Months Was Greater Than Expected as Operations Scaled to Meet Growth Targets; Have Sufficient Cash on Hand, Available Liquidity for Next Three to Five Months; Evaluating Financing Options to Support Business With as Little Dilution as Possible
Expected Major Events for Friday
00:30/JPN: Mar Japan Manufacturing PMI
05:00/JPN: Mar Auto sales
06:00/RUS: Mar Russian Manufacturing PMI
07:45/ITA: Mar Italy Manufacturing PMI
07:50/FRA: Mar France Manufacturing PMI
07:55/GER: Mar Germany Manufacturing PMI
08:00/ITA: Feb Foreign Trade non-EU
08:30/UK: 3Q Postcode Lending statistics
08:30/UK: Mar CIPS / Markit Manufacturing PMI
12:30/US: Mar U.S. Employment Report
13:30/CAN: Mar Canada Manufacturing PMI
13:45/US: Mar US Manufacturing PMI
14:00/US: Mar ISM Report On Business Manufacturing PMI
14:00/US: Feb Construction Spending - Construction Put in Place
15:00/US: Mar Global Manufacturing PMI
20:00/US: Mar Domestic Auto Industry Sales
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Friday
Blade Air Mobility Inc (BLDE) is expected to report for 1Q.
Buhler Industries (BIIAF,BUI.T) is expected to report for 1Q.
Charah Solutions Inc (CHRA) is expected to report $0.07 for 4Q.
DATATRAK International Inc (DTRK) is expected to report for 4Q.
Finch Therapeutics Group Inc (FNCH) is expected to report for 4Q.
GWG Holdings Inc (GWGH) is expected to report for 4Q.
Milestone Scientific Inc (MLSS) is expected to report $-0.03 for 4Q.
Power Solutions International Inc (PSIX) is expected to report $-0.18 for 4Q.
StageZero Life Sciences Ltd (SZLS.T) is expected to report for 4Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
Advanced Micro Devices Cut to Equal-Weight From Overweight by Barclays
Akebia Therapeutics Cut to Hold From Buy by Needham
Akebia Therapeutics Cut to Neutral From Buy by HC Wainwright & Co.
Akebia Therapeutics Cut to Neutral From Buy by Mizuho
Akebia Therapeutics Cut to Neutral From Overweight by Piper Sandler
APA Raised to Buy From Neutral by Mizuho
Baker Hughes Raised to Overweight From Equal-Weight by Wells Fargo
Bank of New York Mellon Cut to Peer Perform From Outperform by Wolfe Research
CDW Raised to Overweight From Equal-Weight by Morgan Stanley
Core & Main Raised to Overweight From Equal-Weight by Barclays
Dell Technologies Cut to Equal-Weight From Overweight by Morgan Stanley
FMC Corporation Cut to Neutral From Buy by Monness, Crespi, Hardt
HP Cut to Underweight From Equal-Weight by Morgan Stanley
Hub Group Cut to Equal-Weight From Overweight by Stephens & Co.
LHC Group Cut to Hold From Buy by Truist Securities
Liberty Oilfield Services Cut to Equal-Weight From Overweight by Wells Fargo
Motorsport Games Cut to Hold From Buy by Benchmark
Motorsport Games Cut to Hold From Buy by Canaccord Genuity
Motorsport Games Cut to Neutral From Buy by DA Davidson
Navient Cut to Neutral From Buy by Compass Point
PVH Corp Cut to Equal-Weight From Overweight by Morgan Stanley
Starwood Property Trust Raised to Strong Buy From Outperform by Raymond James
State Street Cut to Peer Perform From Outperform by Wolfe Research
Taylor Morrison Home Cut to Equal-Weight From Overweight by Barclays
UpHealth Cut to Hold From Buy by Lake Street
Vector Group Raised to Overweight From Equal-Weight by Barclays
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
04-01-22 0554ET
