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TODAY IN CANADA
Earnings:
BlackBerry 2Q
Economic Indicators (ET):
0830 Jul Payroll employment, earnings and hours, and job vacancies
Stocks to Watch:
FG Acquisition Corp Announces The Successful Completion Of The Acquisition Of Strong/MDI Screen Systems, Inc., Approximately $4.3 Million Private Placement And Launch Of Saltire Capital Ltd.
Liberty Gold Receives Hardrock Prospector Permit at Black Pine Oxide Gold Project, Idaho; Permit Covers Four Areas Directly Adjacent to Black Pine Project; Areas Expand Black Pine Project Area by 10%
Lightspeed Commerce Responds to Media Reports: Company Periodically Undertakes, and Is Currently Conducting, a Strategic Review With a View to Realizing Its Full Potential: Company Has Engaged, and May Continue to Engage, in Discussions Relating to a Range of Potential Strategic Alternatives
Mercer Announces Downtime at Its Peace River Mill to Complete Necessary Repairs
TC Energy Corp Will Separate Liquids Pipelines Business Via Stk Div of Shrs in Newly Formed Co, South Bow Corp; TC Energy Hldrs Will Receive 0.2 New Shr of South Bow for Every Shr of TC Energy Held; South Bow Shrs Are Expected to Trade Under the Ticker Symbol SOBO
Expected Major Events for Thursday
06:00/GER: Sep GfK consumer climate survey
08:00/ITA: Sep Consumer Confidence Survey
08:00/ITA: Sep Business Confidence Survey
08:00/GER: ifo Joint Economic Forecast of German economic research institutes
08:30/UK: Aug Capital issuance statistics
12:30/US: Aug Advance Report on Durable Goods
12:30/CAN: Jul Payroll employment, earnings and hours, and job vacancies
12:30/US: 2Q Revised Corporate Profits
12:30/US: 09/21 Unemployment Insurance Weekly Claims Report - Initial Claims
12:30/US: U.S. Weekly Export Sales
12:30/US: 2Q 3rd estimate GDP
13:00/RUS: Weekly International Reserves
14:00/US: Aug Pending Home Sales Index
14:30/US: 09/20 EIA Weekly Natural Gas Storage Report
15:00/US: Sep Federal Reserve Bank of Kansas City Survey of Tenth District Manufacturing
17:59/UK: REC JobsOutlook survey
20:30/US: Foreign Central Bank Holdings
20:30/US: Federal Discount Window Borrowings
23:30/JPN: Sep CPI (Tokyo), CPI ex-Food (Tokyo)
23:50/JPN: Sep Provisional Trade Statistics for 1st 10 days of Month
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Thursday
Accenture PLC (ACN) is expected to report $2.67 for 4Q.
Aritzia is expected to report $0.17 for 2Q.
Astrotech Corp (ASTC) is expected to report for 4Q.
Aytu BioPharma Inc (AYTU) is expected to report for 4Q.
BlackBerry Ltd (BB,BB.T) is expected to report $-0.05 for 2Q.
CarMax Inc (KMX) is expected to report $0.84 for 2Q.
Costco Wholesale Corp (COST) is expected to report $5.08 for 4Q.
Critical Metals Corp (CRML) is expected to report for 2Q.
Delta Apparel Co (DLA) is expected to report $0.23 for 3Q.
DermTech Inc (DMTK) is expected to report $-0.52 for 2Q.
Devolver Digital is expected to report for Interim.
Dynatronics Corp (DYNT) is expected to report for 4Q.
Jabil Inc (JBL) is expected to report $1.87 for 4Q.
Palatin Technologies Inc (PTN) is expected to report $-0.46 for 4Q.
Scholastic Corp (SCHL) is expected to report $-1.81 for 1Q.
Singularity Future Technology Ltd (SGLY) is expected to report for 4Q.
Spanish Broadcasting System Inc - A Share (SBSAA) is expected to report for 2Q.
TD SYNNEX Corp (SNX) is expected to report $2.17 for 3Q.
ThermoGenesis Holdings Inc (THMO) is expected to report for 2Q.
Vail Resorts (MTN) is expected to report $-4.34 for 4Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
Asbury Automotive Raised to Equal-Weight From Underweight by Morgan Stanley
AutoNation Raised to Overweight From Equal-Weight by Morgan Stanley
Baker Hughes Raised to Overweight From Equal-Weight by Wells Fargo
DoorDash Raised to Overweight From Sector Weight by Keybanc
Expedia Group Cut to Hold From Buy by TD Cowen
Ford Motor Cut to Equal-Weight From Overweight by Morgan Stanley
Fortrea Holdings Cut to Hold From Buy by Jefferies
Fox Corp. Cut to Sell From Hold by CFRA
General Motors Cut to Underweight From Equal-Weight by Morgan Stanley
Global Payments Cut to Market Perform From Outperform by William Blair
Global Payments Cut to Neutral From Buy by BTIG
Global Payments Cut to Neutral From Buy by Seaport Global
Group 1 Auto Raised to Overweight From Equal-Weight by Morgan Stanley
HBT Financial Cut to Neutral From Buy by DA Davidson
Hewlett Packard Ent Raised to Overweight From Equal-Weight by Barclays
Light & Wonder Raised to Buy From Neutral by UBS
Lithia Motors Raised to Equal-Weight From Underweight by Morgan Stanley
Medpace Holdings Cut to Hold From Buy by Jefferies
NOV Cut to Underweight From Equal-Weight by Wells Fargo
Old Second Bancorp Cut to Neutral From Buy by DA Davidson
Penske Auto Raised to Overweight From Underweight by Morgan Stanley
PHINIA Cut to Equal-Weight From Overweight by Morgan Stanley
Rivian Automotive Cut to Equal-Weight From Overweight by Morgan Stanley
Smartsheet Cut to Hold From Buy by Canaccord Genuity
Smartsheet Cut to Hold From Buy by Needham
Smartsheet Cut to Hold From Buy by Truist Securities
Smartsheet Cut to Market Perform From Outperform by BMO Capital
Smartsheet Cut to Market Perform From Outperform by William Blair
Smartsheet Cut to Peer Perform From Outperform by Wolfe Research
Sonic Auto Raised to Equal-Weight From Underweight by Morgan Stanley
Textron Cut to Hold From Buy by TD Cowen
Tyson Foods Cut to Underweight From Neutral by Piper Sandler
Union Pacific Cut to In-Line From Outperform by Evercore ISI Group
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
09-26-24 0626ET