CONSUMER;

Costco (COST) Reports Q1 EPS $1.45 vs $1.34 Est., Sales $31.12B vs $31.49B Est.

Forward (FORD) Reports Q4 EPS $0.02 Flat vs Same Qtr. Last Year, Sales $6.3M vs $6.7M YoY

 

FINANCIALS;

CBTX (CBTX) Reports Q3 EPS $0.45 vs $0.43 Est., NII $27.3M

 

HEALTHCARE;

iKang (KANG) Reports Q2 Earnings $0.28/ADS vs $0.09 In Same Qtr. Last Year, Adj. Earnings $0.29/ADS, Sales $152.4M, Up 27.3% YoY

 

TECHNOLOGY;

Oracle (ORCL)  Reports Q2 Adj. EPS $0.70 vs $0.68 Est., Sales $9.6B vs $9.57B Est.

Adobe (ADBE) Reports Q4 Adj. EPS $1.26 vs $1.16 Est., Sales $2.01B vs $1.95B Est.

Jabil (JBL) Reports Q1 Adj. EPS $0.80 vs $0.79 Est., Sales $5.6B vs $5.5B Est.

 

ECONOMIC FIGURES;

08:30 a.m. NY Empire State Manufacturing Index

09:15 a.m. Capacity Utilization Rate

09:15 a.m. Industrial Production (MoM)

09:15 a.m. Manufacturing Outputs (MoM)

10:30 a.m. ECRI Weekly Annualized (WoW)

10:30 a.m. ECRI Weekly Index

01:00 p.m. U.S. Baker Hughes Oil Rig Count

04:00 p.m. Overall Net Capital Flows

04:00 p.m. TIC Net Long-Term Transactions

04:00 p.m. US Foreign Buying, T-Bonds

04:00 p.m. TIC Net Long-Term Transactions including Swaps

 

 

Benchmarks;

S&P 500: -0.41% 2652.01

Dow Jones: -0.31% 24508.66

Nasdaq: -0.28% 6840.08

Nikkei: -0.62% 22553.22

FTSE: 0.03% 7450.51

Gold: 0.28% 1260.50

 

UPGRADES

 

 

· Macquarie upgraded T-Mobile (TMUS) from Neutral to Outperform

· Barclays upgraded Sealed Air (SEE) from Equal-Weight to Overweight

· Barclays upgraded Sonoco (SON) from Underweight to Equal-Weight

 

 


DOWNGRADES

 

 

· KeyBanc downgraded 21st Century Fox (FOXA) from Overweight to Sector Weight

· Gabelli downgraded Nordson (NDSN) from Buy to Hold

· Axiom downgraded Canadian Solar (CSIQ) from Buy to Hold

 

 

DEAL TALK

 

 

– CNBC reported that Snyder’s-Lance (LNCE) hired a bank following an approach from Campbell’s (CPB). The source tells CNBC that talks are continuing with Campbell and at least one other unnamed suitor.

– FT reported BP (BP) will acquire a 43% stake in Lightsource for $200M

 

 

US OPTIONS RECAP

GLUU Option Alert: Jan 19 $4 Calls Sweep (11) at the Bid: 1400 @ $0.651 vs 18790 OI; Ref=$4.585

FIVE Option Alert: Feb 16 $65 Puts at the Bid: 500 @ $3.4 vs 88 OI; Ref=$65.58

UPL Option Alert: Feb 16 $10 Calls at the Ask: 7500 @ $0.35 vs 20596 OI; Ref=$8.975

TEVA Option Alert: Fri $17.5 Calls Sweep (8) at the Bid: 3000 @ $0.24 vs 5418 OI; Ref=$17.345

NAK Option Alert: Feb 16 $3 Calls at the Bid: 2500 @ $0.201 vs 28699 OI; Ref=$2.115

ETFC Option Alert: Jan 19 $50 Calls at the Ask: 2200 @ $0.84 vs 1707 OI; Ref=$48.51

CMCSA Option Alert: Fri $38.5 Calls at the Ask: 2500 @ $0.83 vs 1554 OI; Ref=$39.21

XNET Option Alert: Jan 19 $15 Calls Sweep (15) at the Ask: 500 @ $3.9 vs 1939 OI; Ref=$16.71

STLD Option Alert: Jan 19 $41 Calls Sweep (25) at the Ask: 583 @ $1.0 vs 1803 OI; Ref=$40.08

SYMC Option Alert: Jan, 2019 $25 Calls Sweep (5) at the Bid: 500 @ $5.901 vs 1060 OI; Ref=$28.8

FMSA Option Alert: Jun 15 $5 Calls at the Ask: 500 @ $0.95 vs 573 OI; Ref=$5.165

FINL Option Alert: Jan 19 $13 Calls Sweep (2) at the Ask: 3502 @ $0.551 vs 180 OI; Ref=$11.73

vs 265 OI; Ref=$26.0

TEVA Option Alert: Dec 22 $17.5 Calls at the Ask: 1727 @ $0.5 vs 184 OI; Ref=$17.335

TWTR Option Alert: Dec 29 $22.5 Puts at the Bid: 1000 @ $0.59 vs 217 OI; Ref=$22.5438

TEVA Option Alert: Dec 22 $17.5 Calls Sweep (10) at the Ask: 1058 @ $0.49 vs 184 OI; Ref=$17.32

KR Option Alert: Apr 20 $26 Puts Sweep (11) at the Ask: 921 @ $1.95 vs 265 OI; Ref=$25.94

KR Option Alert: Apr 20 $26 Puts Sweep (18) at the Ask: 1242 @ $1.85