0830 Sep New Housing Price Index
Stocks to Watch:
High Arctic: Continue to Research Alternative Structure to Meet Goals of Strategic Business Management, Governance Concerns; Optimistic About Achieving Reorganization Acceptable to Shareholders; No Certainty at This Time; Suspending Monthly Dividend to Preserve Cash Amid Reorgnization Delay
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Teck Resources 3Q Rev C$3.60B Vs. C$4.26B; 3Q Adj EPS C$0.76 Vs. Adj EPS C$1.74; 3Q EPS From Continuing Ops C$0.52 Vs. C$1.40
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TFI International 3Q Rev $1.91B; 3Q EPS $1.54; Raises Dividend to 40c
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Western Forest Products Reaches Agreement for Tlowitsis, We Wai Kai, Wei Wai Kum, K'ómoks First Nations to Acquire 34% Interest in Newly Formed Limited Partnership for C$35.9M; British Columbia Helped Facilitate Partnership Through Incremental Treaty Agreements With the Nations; Formation of Partnership, Acquisition by the Nations Subject to Closing Conditions; Working With the Nations Toward Closing Acquisition in 1Q 2024
Expected Major Events for Tuesday
00:30/JPN: Oct Japan Flash Manufacturing PMI
05:30/JPN: Sep Tokyo area department store sales
05:30/JPN: Sep Nationwide department store sales
06:00/UK: Sep UK monthly unemployment figures
06:00/GER: Nov GfK consumer climate survey
07:15/FRA: Oct France Flash PMI
07:30/GER: Oct Germany Flash PMI
08:30/UK: Oct Flash UK PMI
08:59/JPN: Aug Final Labour Survey - Earnings, Employment & Hours Worked
10:00/UK: Oct CBI Industrial Trends Survey
12:30/CAN: Sep New Housing Price Index
12:55/US: 10/21 Johnson Redbook Retail Sales Index
13:45/US: Oct US Flash Manufacturing PMI
13:45/US: Oct US Flash Services PMI
14:00/US: Oct Richmond Fed Business Activity Survey
17:00/US: Sep Money Stock Measures
20:30/US: 10/20 API Weekly Statistical Bulletin
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Tuesday
Ares Capital Corp (ARCC) is expected to report $0.57 for 3Q.
Auburn National Bancorporation Inc (AUBN) is expected to report for 3Q.
Banc Of California Inc (BANC) is expected to report $0.29 for 3Q.
Capital City Bank Group (CCBG) is expected to report $0.84 for 3Q.
Citizens Holding Co (CIZN) is expected to report for 3Q.
City Holding Co (CHCO) is expected to report $1.89 for 3Q.
Coca-Cola Co (KO) is expected to report $0.69 for 3Q.
Community Bank System (CBU) is expected to report $0.88 for 3Q.
Corning Inc (GLW) is expected to report $0.39 for 3Q.
Danaher Corp (DHR) is expected to report $1.27 for 3Q.
Dover Corp (DOV) is expected to report $2.08 for 3Q.
Dow Inc (DOW) is expected to report $0.41 for 3Q.
Franklin Electric Co Inc (FELE) is expected to report $1.30 for 3Q.
Gatx Corp (GATX) is expected to report $1.48 for 3Q.
General Motors (GM,GMM.U-T) is expected to report $1.80 for 3Q.
Graphic Packaging Holding Co (GPK) is expected to report $0.66 for 3Q.
HCA Healthcare Inc (HCA) is expected to report $4.01 for 3Q.
Halliburton Co (HAL) is expected to report $0.77 for 3Q.
Herc Holdings Inc (HRI) is expected to report $3.96 for 3Q.
Independent Bank MI (IBCP) is expected to report $0.62 for 3Q.
Kimberly-Clark Corp (KMB) is expected to report $1.62 for 3Q.
Mueller Industries Inc (MLI) is expected to report $1.02 for 3Q.
Nucor Corp (NUE) is expected to report $4.20 for 3Q.
Old National Bancorp (ONB) is expected to report $0.50 for 3Q.
PJT Partners Inc (PJT) is expected to report $0.25 for 3Q.
PacWest Bancorp (PACW) is expected to report $0.04 for 3Q.
Pacific Premier Bancorp Inc (PPBI) is expected to report $0.55 for 3Q.
Peoples Bancorp (Ohio) (PEBO) is expected to report $0.88 for 3Q.
Polaris Inc (PII) is expected to report $2.68 for 3Q.
PulteGroup Inc (PHM) is expected to report $2.83 for 3Q.
Quest Diagnostics (DGX) is expected to report $2.00 for 3Q.
Sandy Spring Bancorp Inc (SASR) is expected to report $0.56 for 3Q.
Sherwin-Williams Co (SHW) is expected to report $2.69 for 3Q.
Simmons First National Corp - Class A (SFNC) is expected to report $0.35 for 3Q.
Simply Good Foods (SMPL) is expected to report $0.40 for 4Q.
Southern First Bancshares Inc (SFST) is expected to report $0.34 for 3Q.
Synchrony Financial (SYF) is expected to report $1.43 for 3Q.
TransUnion (TRU) is expected to report $0.46 for 3Q.
Utah Medical Products (UTMD) is expected to report for 3Q.
Verizon Communications (VZ) is expected to report $1.16 for 3Q.
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ANALYST RATINGS ACTIONS
Alcoa Cut to Neutral From Buy by B of A Securities
Alteryx Cut to Underweight From Neutral by Piper Sandler
Arvinas Raised to Outperform From Neutral by Wedbush
Asana Cut to Underweight From Neutral by Piper Sandler
Blackstone Sec Lending Fd Raised to Overweight From Neutral by JP Morgan
Braze Raised to Buy From Neutral by DA Davidson
Bright Horizons Family Raised to Neutral From Sell by UBS
Church & Dwight Raised to Market Perform From Underperform by Raymond James
Citizens Financial Group Raised to Peer Perform From Underperform by Wolfe Research
Diamondback Energy Cut to Neutral From Buy by Citigroup
DigitalOcean Raised to Neutral From Underweight by Piper Sandler
e.l.f. Beauty Shares Climb on Raymond James' Upgrade
Edison International Raised to Outperform From In-Line by Evercore ISI Group
elf Beauty Raised to Strong Buy From Outperform by Raymond James
EOG Resources Cut to Neutral From Buy by Citigroup
Equity Lifestyle Cut to Neutral From Buy by B of A Securities
FMC Corporation Cut to Neutral From Buy by B of A Securities
FMC Corporation Cut to Neutral From Buy by Goldman Sachs
Generation Bio Cut to Market Perform From Market Outperform by JMP Securities
Huntington Bancshares Raised to Peer Perform From Underperform by Wolfe Research
Independent Bank MA Raised to Neutral From Sell by Seaport Global
Ionis Pharmaceuticals Raised to Neutral From Underperform by B of A Securities
Lindsay Raised to Buy From Neutral by Roth MKM
MarineMax Raised to Buy From Neutral by B. Riley Securities
Morgan Stanley Cut to Hold From Buy by Odeon Capital
Newell Brands Cut to Outperform From Strong Buy by Raymond James
Nxu Cut to Hold From Buy by Maxim Group
Pinterest Raised to Buy From Hold by Stifel
Pioneer Natural Cut to Hold From Buy by Stifel
Republic Services Raised to Buy From Neutral by UBS
RingCentral Cut to Neutral From Buy by Rosenblatt
Skillz Raised to Neutral From Sell by BTIG
Unity Software Cut to Neutral From Overweight by Piper Sandler
Utz Brands Raised to Overweight From Equal-Weight by Stephens & Co.
Viatris Cut to Underperform From Neutral by B of A Securities
Walgreens Boots Alliance Raised to Overweight From Neutral by JP Morgan
Waste Management Raised to Buy From Neutral by UBS
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
10-24-23 0606ET