November 7, 2013: U.S. markets opened roughly flat Thursday morning ignoring decent economic news today on fewer new jobless claims, coupled with a 2.8% GDP growth rate and a cut to the European Central Bank�� key interest rate to obsess over the initial public offering (IPO) of shares in Twitter Inc. (NYSE: TWTR).
European closed mixed today while Latin American and Asian markets closed lower.
Friday�� calendar includes speeches by Fed Chairman Ben Bernanke, Atlanta Fed President Dennis Lockhart, and San Francisco Fed President John Williams, and the following scheduled data releases and events (all times Eastern):
8:30 a.m. – Employment situation 8:30 a.m. – Personal income and outlays 9:55 a.m. – University of Michigan/Reuters consumer confidence index 10:00 a.m. – Job Openings and Labor Turnover Survey (JOLTS)Here are the closing bell levels for Thursday:
S&P500 1747.16 (-23.32; -1.32%) DJIA 15594.87 (-152.07; -0.97%) NASDAQ 3857.33 (-74.61; -1.90%) 10YR TNOTE 2.608% (+0.34375) Gold $1,308.50 (-9.30; -0.7%) WTI Crude oil $94.20 (-0.60; -0.6%) Euro/Dollar: 1.3419 (-0.0095; -0.70%)Big Earnings Movers: SolarCity Corp. (NASDAQ: SCTY) is down 16.7% at $49.71 after providing weak guidance with earnings last night. Qualcomm Inc. (NASDAQ: QCOM) is down 3.7% at $67.15 after a mixed earnings report last night. Whole Foods Market Inc. (NASDAQ: WFM) is down 11.2% at $57.27 as the store tries to shed its luxury image. Himax Technologies Inc. (NASDAQ: HIMX) is down 10.2% at $8.50 on weak guidance.
Top 10 Up And Coming Stocks To Watch For 2016: Helen of Troy Limited(HELE)
Helen of Troy Limited, together with its subsidiaries, engages in the design, development, import, marketing, and distribution of brand-name consumer products primarily in the United States and Canada, as well as in Europe, Asia, and Latin America. It operates in three segments: Personal Care, Housewares, and Healthcare/Home Environment. The Personal Care segment offers hair dryers, straighteners, curling irons, hair setters, shavers, mirrors, hot air brushes, home hair clippers and trimmers, paraffin baths, massage cushions, footbaths, body massagers, brushes, combs, hair accessories, liquid and aerosol hair styling products, men?s fragrances, men?s and women?s antiperspirants and deodorants, liquid and bar soaps, shampoos, conditioners, hair treatments, foot powder, body powder, and skin care products. The Housewares segment provides kitchen tools, cutlery, bar and wine accessories, household cleaning tools, food storage containers, tea kettles, trash cans, storage an d organization products, hand tools, gardening tools, kitchen mitts and trivets, barbeque tools, and rechargeable lighting products, as well as baby and toddler care products, including convertible high chair. The Healthcare/Home Environment segment offers humidifiers, de-humidifiers, vaporizers, thermometers, air purifiers, fans, portable heaters, heating pads, and electronic mosquito traps. The company sells its products primarily through mass merchandisers, drugstore chains, warehouse clubs, home improvement stores, catalogs, grocery stores, specialty stores, beauty supply retailers, e-commerce retailers, wholesalers, and various types of distributors, as well as directly online to end user consumers. Helen of Troy Limited was founded in 1968 and is based in Hamilton, Bermuda.
Advisors' Opinion:- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
Helen of Troy Ltd.(HELE) said it expects to buy back about $246 million of its shares through a Dutch auction tender offer that allowed the personal-care company to repurchase up to $300 million in stock. The company, whose products include OXO kitchen tools and Brut After Shave, said it expects to acquire about 3.7 million shares at $66.50 a share, the high end of its offering range.
Top 5 Consumer Stocks To Watch Right Now: lululemon athletica inc.(LULU)
Lululemon Athletica Inc., together with its subsidiaries engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth primarily in Canada, the United States, and Australia. Its apparel assortments include fitness pants, shorts, tops, and jackets for healthy lifestyle activities, such as yoga, running, and general fitness. The company?s fitness-related accessories comprise bags, socks, underwear, yoga mats, instructional yoga DVDs, and water bottles. It sells its products through its retail stores; independent franchises; and a network of wholesale accounts, such as yoga studios, health clubs, and fitness centers, as well as directly to consumers through e-commerce. As of May 1, 2011, the company had 142 corporate-owned and franchise stores under the lululemon athletica and ivivva athletica brand names. Lululemon Athletica Inc. was founded in 1998 and is based in Vancouver, Canada.
Advisors' Opinion:- [By Jake L'Ecuyer]
Top Headline
Lululemon Athletica (NASDAQ: LULU) lowered its guidance for the quarter. Lululemon now projects FQ4 earnings of $0.71 to $0.73 per share, versus its December outlook of $0.78 to $0.80 per share. It expects revenue of $513 million to $518 million, versus its earlier forecast of $535 million to $540 million.
Top 5 Consumer Stocks To Watch Right Now: Hellenic Sugar Industry SA (HSI)
Hellenic Sugar Industry SA is a Greece-based company engaged in the production and trade of white crystal sugar and its by-products, such as molasses and sugar beet seed. Its principal activities include the manufacture of all types of sweetener products and general kneading products; the production and processing of sugar beet and other plants; the production of raw materials for sugar production; the establishment, equipping and exploitation of sugar producing factories; conducting scientific research in all fields of activity of the Company; the trade and standardization of sugar products, by-products, raw materials, multiple materials, agricultural products and machinery, and carrying out agro-industrial activities in Greece and abroad. The Company has five sugar factories and one seed processing factory in Greece. Advisors' Opinion:- [By Eleni Himaras]
Australia�� S&P/ASX 200 Index (AS51) slipped 0.4 percent. Singapore�� Straits Times Index gained 0.2 percent and Taiwan�� Taiex Index retreated 0.4 percent. Hong Kong�� Hang Seng Index (HSI) slipped 0.1 percent after rising as much as 0.4 percent and China�� Shanghai Composite Index added 0.1 percent.
- [By Adam Haigh]
New Zealand�� NZX 50 Index lost 0.4 percent and South Korea�� Kospi index retreated 0.5 percent. Singapore�� Straits Times Index added 0.1 percent. Hong Kong�� Hang Seng Index (HSI) declined 0.6 percent and China�� Shanghai Composite slid 0.3 percent. Taiwan�� Taiex index was little changed.
- [By Jim Jubak]
In Asia, Hong Kong's Hang Seng (HSI) closed down 1.35% and Japan's Nikkei 225 (NKY) was off by 1.94%.
Among other emerging markets, Turkey's BIST 30 index (IND:XU030) was lower by 1.74% and South Africa had dropped by 1.36%.
- [By Yoshiaki Nohara]
New Zealand�� NZX 50 Index fell 0.4 percent and Australia�� S&P/ASX 200 Index was little changed. South Korea�� markets are closed today for a holiday. Hong Kong�� Hang Seng Index (HSI) fell 0.6 percent. Singapore�� Straits Times Index gained 0.2 percent, and Taiwan�� Taiex index was little changed. The Shanghai Composite Index rose 0.1 percent.
Top 5 Consumer Stocks To Watch Right Now: Biosev SA (BSEV3)
Biosev SA, formerly LDC Bioenergia SA, is a Brazil-based company active in the sugar and energy business. It is primarily engaged in the sugarcane processing. The Company produces sugar and ethanol, and supplies its products to domestic and international markets. Its refined sugar is sold under the Estrela brand name on the Brazilian retail market. The ethanol products comprise: hydrous ethanol, anhydrous ethanol and neutral ethanol. Other products from its plants include animal feed, dry yeast, molasses powder and bioelectricity from sugarcane bagasse. The Company�� customers include Nestle, Coca-Cola, AmBev, Kraft, Dori and Unilever, among others. The Company's production units are present in five Brazilian states: Mato Grosso do Sul, Sao Paulo, Minas Gerais, Paraiba and Rio Grande do Norte. Advisors' Opinion:- [By Lucia Kassai]
Biosev SA (BSEV3), Louis Dreyfus Holding BV�� Brazil unit, tumbled in its debut after giving investors in its initial public offering a money-back guarantee.
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