Heads-up News 

Tokyo Trading Session Heads Up Monday, November 13, 2017

Tokyo opening news digest

Bitcoin Gold Fails To Impress Investors

Why has Bitcoin’s latest fork failed to entice investors?

 

Priceline Falls 13% In One Day, Do You Buy, Sell Or Panic?

Priceline has been a good investment over the past 5 years outperforming the S&P 500 in every year except 2014. Before shares tumbled 13% last week, John Archer’s TAB fund had a 6% position in Priceline. Here’s what he thinks of the news.

 

AMD GPU Executive Is Joining Intel, Here’s Why That Is Significant

The head of AMD‘s graphics business unit, Raja Kudori, recently joined Intel’s newly formed Core and Visual Computing group, which will focus on developing high end graphics solutions. This is something that Intel has not focused on traditionally

 

GBP: ‘Bumping Along The Bottom’ Still A Thematic Play; What’s The Trade? – SocGen

Societe Generale Cross Asset Strategy Research discusses GBP outlook in light of the recent political developments on the UK front.This morning’s mover is sterling. 40 MPS are reportedly ready to sign a letter saying they have lost confidence in the Prime Minister and the pound has suffered accordingly. Sterling is priced for soggy growt

 

IPO Watch: Aramco Poised For 2018 Debut

Saudi Aramco’s is set to go forward with its IPO next year, Oman’s oil minister told CNBC. At an energy industry conference in Abu Dhabi, Oman’s Mohammed bin Hamad al-Rumhi was asked for an answer regarding his expectations over Saudi Aramco’s potential IPO next year.

 

Ritchie Bros. Auctioneers (RBA) Tumbled To A New Low After Q3 Profit Dropped

Ritchie Bros. Auctioneers (RBA) reported third quarter adjusted EPS of $0.09 after the bell Thursday, down from $0.20 in the prior year period. Ritchie Bros. Auctioneers steadily declined until mid-morning, but settled into a range for the rest of the session.

 

Esterline Technologies Corp. (ESL) Sank To A New Low After Q4 Miss

Esterline Technologies Corp. (ESL) reported fourth quarter EPS of $1.27 after the close Thursday, down from $1.96 a year ago. Analysts expected EPS of $1.53. Esterline Technologies gapped open sharply lower Friday, but traded in a range for the majority of the session.

 

Trade Desk Inc. (TTD) Fell To A 2-Month Low On Disappointing Guidance

Trade Desk Inc. (TTD) reported third quarter non-GAAP EPS of $0.35 after the bell Thursday, up from $0.24 in the previous year. Revenues rose to $79.4 million, from $53.

 

Puma Biotechnology Inc. (PBYI) Dropped Following Q3 Report

Puma Biotechnology Inc. (PBYI) reported a third quarter non-GAAP loss of $1.36 per share after the close Thursday, compared to the loss of $1.11 per share a year ago.

 

Omeros Corp. (OMER) Jumped After Q3 Loss Narrowed

Omeros Corp. (OMER) reported a third quarter net loss of $0.16 per share after the bell Thursday, compared to the loss of $0.34 per share last year. Omeros gapped up at the open Friday and rose sharply during the first 45 minutes of trade.

 

NVIDIA Corp. (NVDA) Climbed To A New High On Strong Q3 Results

NVIDIA Corp. (NVDA) reported third quarter EPS of $1.33 after the bell Thursday, up from $0.94 in the prior year period. Analysts expected EPS of $0.94. Revenues rose 32.

 




Walmart just struck another deal that confirms the death of America’s middle class as we know it

Walmart is adding Lord & Taylor and its many designer brands to its website in its latest effort to attract high-income shoppers.

 

Buffalo Wild Wings explodes 28% on report that it has received a takeover offer

The private-equity firm Roark Capital Group offered $2.3 billion for Buffalo Wild Wings, according to The Wall Street Journal.

 

RBC: Tesla’s semi-truck could give it the ‘biggest bang’ for its buck (TSLA)

Tesla announced that it will reveal a big-rig semi-truck trailer in Los Angeles next week.
The new vehicle could help place it ahead of its competit…

 

Senate GOP tax bill would increase taxes for 16 million taxpayers in 2019, according to new analysis

The Joint Committee on Taxation found that 9.1% of taxpayers would end up seeing their tax bill increase in 2019 under the Senate GOP’s Tax Cuts and Jobs Act.

 

Investor Steve Jurvetson steps down amid sexual misconduct probe

Prominent Silicon Valley venture capitalist Steve Jurvetson has stepped down from the firm he co-founded, Draper Fisher Jurveston, reportedly followin

 

Wal-Mart to sell Lord & Taylor goods on Walmart.com

Wal-Mart Stores Inc. WMT, +0.08% said late Monday that department store Lord & Taylor will sell its goods on Walmart.com next year. The online store i

 

Denali Therapeutics seeks up to $100 million in initial public offering

Denali Therapeutics Inc. dnli hopes to raise up to $100 million in an initial public offering, according to a filing with the Securities and Exchange

 

Switch shares drop after first earnings report since IPO

Switch Inc. SWCH, +5.70% shares fell in the extended session Monday even after the data-center company’s quarterly results–their first as a public co

 

Buffalo Wild Wings stock soars after report of acquisition bid

 

Cheer Up

Adage:

Whenever anyone talks to me about mad cow, I just pull out a picture of my ex-wife.

Cartoon:


Image courtesy: 0.media.collegehumor.cvcdn.com

Have a nice trading!




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