>>> US Early premarket gappers

Early premarket gappers

Gapping up:

  • TLRY +12.7%, SB +8.9%, XON +8.4%, RAD +8.4%, MLHR +7.9%, AIMT +6.3%, NWL +5.4%, CE +4.8%, BB +4.8%, APHA +4.6%, NBEV +4.3%, ABEV +3.3%, CGC +2.1%, ACB +2.1%, CRON +1.2%, ACN +1%, SNV +0.6%, MO +0.6%

Gapping down:

  • DBVT -45.9%, SPPI -34.9%, GTHX -27%, MNKD -17.2%, REVG -15.6%, PIR -13.5%, CAG -5.5%, LMNR -5%, WBA -2.1%, AGEN -2%

>>> Accenture beats by $0.11, reports revs in-line; guides Q2 revs in-line (150

Accenture beats by $0.11, reports revs in-line; guides Q2 revs in-line (150.96)
  • Reports Q1 (Nov) earnings of $1.96 per share, $0.11 better than the S&P Capital IQ Consensus of $1.85; revenues rose 7.3% year/year to $10.61 bln vs the $10.54 bln S&P Capital IQ Consensus.
  • New bookings for the quarter were $10.2 billion, with consulting bookings of $5.9 billion and outsourcing bookings of $4.3 billion.
  • Co issues in-line guidance for Q2, sees Q2 revs of $10.1-10.4 bln vs. $10.32 bln S&P Capital IQ Consensus

>>> What to look at today - 20th of December 2018

Stocks and U.S. futures tumbled in Asia, with Japanese equities sliding into a bear market as investors expressed concern about a lack of relief from the Federal Reserve’s monetary tightening.
The sell-off that began Wednesday afternoon with Fed Chairman Jerome Powell’s downplaying of the implications of market volatility, and his commitment to continue reversing quantitative easing, gathered pace Thursday in Asia. More than three quarters of all stocks in the MSCI Asia Pacific Index were down, and Japan’s benchmark Topix slid more than 2 percent. Other asset classes were more restrained, with the yen posting a modest gain and Treasuries steady after an overnight jump. Oil slumped below $48 in New York.
“They think the Fed has completely misjudged the situation and now it’s just a matter of just trying to find an exit while you can,” Kyle Rodda, a market analyst at IG Group in Melbourne, said of global investors. “We’re probably entering a stage now where markets have got it their head that we’re preparing for quite sustained downside going into 2019.”
US after Hours MLHR +8%, PIR -13.5%, REVG -11%, LMNR -5% following earnings/guidance

Nikkei -2.84% Hang Seng -1.29% CSI -0.86% Shanghai -0.57% Shenzen +0.12%

Eur$ 1.1411 CNH 6.90598 CNY 6.9010 JPY 111.89 GBP1.2665 CHF0.9927 RUB 67.3148 TRY 5.2933 WTI 47.11 -2.18%

S&P -0.63% EuroStoxx -1.57% Dax -1.28% SMI -1.03%

Macro :
- Global Drugmakers Set to Raise U.S. Prices in Jan.: Reuters (1)

Keep an eye on :
- AB FP : AB Science Says Watchdog ANSM Recently Conducted Inspection
- ABI BB : AB InBev Joins Pot Industry With Tilray Beverage Partnership
- AAC FP : Accor Starts Second Part of Share Buyback Program for EU500M
- DBC FP : Aimmune Jumps and DBV Crashes After Pulling Peanut Patch Filing
- ALO FP : Alstom Units, Ex-Executives Guilty in $371-Million Bribery Cases
- ASC LN : Asos Co-Founder Pledges Entire Stake Against Loan After Plunge
- AXA NO : Axactor Buys Large Unsecured NPL Portfolio in Spain
- AZN LN : AstraZeneca Gets FDA Approval For Cancer Drug Lynparza
- BBVA SM : BBVA to Consider Sale of Chile Auto Financing Business
- BMW GY : BMW, Daimler Are Said to Mull Cooperation on Key Car Components
- BO DC : B&O Sees FY Rev. Little Changed, Saw Increase of More Than 10%
- GBB FP : Bourbon Confirms Search for New Financial Partners Is Ongoing
- CABK SM : CaixaBank to Cut as Many as 2,500 Jobs W/ New Strategy: Cinco
- CRA1V FH : Cramo Board to Separate Modular Space Via Partial Demerger
- DB1 GY : Clearstream to Cut Nearly 180 Luxembourg Staff: Boersen-Zeitung
- DIA SM : DIA Creditors Review Proposal After LetterOne Exits: Expansion
- DIA SM : LetterOne Seeks Removal of 3 DIA Board Members: El Confidencial
- EDF FP : EDF Renewables and Shell to Develop Wind Power Off New Jersey
- EDP PL : EDP Says Completes Sale of 100% of EDP Small Hydro to Aquila
- ENGI FP : Bertrand Camus to Be Named Suez CEO: Le Figaro
- MF FP : Eurazeo PME Announces Sale of Vignal Lighting Group
- FNAC FP : Fnac Darty, Ceconomy Convinced About Tie-up in Long-Term: BFM
- GTO NA : Australia Clears Thales’ Bid for Gemalto With Conditions
- HFH GY : HelloFresh Concludes 3-Yr EU80M Revolving Credit Facility
- HGH GY : Hornbach Holding 3Q Net Income Falls 21.2%
- IAG LN : Gatwick Stops All Arrivals and Departures Due to A Drone: BA
- KIE LN : City Investors Hold Back on Kier Rights Issue: Sky News
- LEON SW : Leonteq Sees FY Pretax at ~CHF90m, 2020 Targets Unchanged
- NOVN SW : Novartis Names Susanne Schaffert CEO of Oncology Unit
- NYO NO : Watch Aluminum-Exposed Names With U.S. to Lift Rusal Sanctions
- PUB FP : Publicis to Buy Soft Computing Stake for EU25 Per Share
- RNO FP : *CARLOS GHOSN MAY BE RELEASED ON BAIL SOON, NHK SAYS
- RNO FP : Nissan Says Saikawa, Renault’s Bollore Met 1-1 in Amsterdam
- SAN SM : Santander Gives Mandate to Sell Stake in Chilean Card Operator
- SGC LN : Stagecoach to Sell North America Unit to Variant Equity Advisors
- SFT FP : Publicis to Buy Soft Computing Stake for EU25 Per Share
- UCG IM : UniCredit Sells Italian Leasing Unsecured NPLs to Guber Banca
- VER SM : Vertice 360 to Study Possible Capital Increase: Filing

>>> Europe : Brokers Upgrades & Downgrades - 20th of December 2018

>>> Up
* Ceconomy Upgraded to Hold at HSBC; PT 3.30 Euros
* Ericsson ADRs Upgraded to Market Perform at Raymond James
* Geox Upgraded to Neutral at Mediobanca SpA; PT 1.30 Euros

>>> Down
* Ashmore Downgraded to Sell at Citi
* DBV Tech ADRs Downgraded to Equal-weight at Barclays; PT $8
* Euronext Downgraded to Neutral at Citi
* Funding Circle Holdings Downgraded to Sell at Citi
* HSBC ADRs Downgraded to Sell at Edward Jones
* H&M Reiterate Underperform at RBC, PT cur from SEK 140 to SEK 130
* Man Group Downgraded to Neutral at Citi
* Novozymes Downgraded to Underweight at JPMorgan; PT 275 Kroner
* XXL Downgraded to Hold at Kepler Cheuvreux; PT 27 Kroner

>>> Initiation


>>> Call