North American Morning Briefing: Big Banks Kick -2-
The U.S. and Russia are using a confidential channel to discuss the issue of exchanging prisoners that could include the release of jailed Wall Street Journal reporter Evan Gershkovich, a senior Russian diplomat said Thursday.
Russian Deputy Foreign Minister Sergei Ryabkov told reporters that "dialogue on this topic is being conducted through a specialized closed channel," but said he wasn't authorized to comment on the exchange of information or "the signals that pass through this channel," Russia's state news agency TASS reported.
Write to ina.kreutz@wsj.com
TODAY IN CANADA
Earnings:
Corus Entertainment 2Q
MTY Food Group 1Q
Economic Calendar:
Nothing scheduled
Stocks to Watch:
Cogeco 2Q EPS C$2.30; Adj EPS C$2.33; Rev C$751.9M
Sigma Lithium Gets Nasdaq Notice Over Delayed Annual Report; Expects to File Annual Report Before End of April; Expands Atlantic Forest Conservation Program
Steppe Gold Enters Into Share Exchange Agreement to Acquire Boroo Gold and Agrees to Sell the Tres Cruces Oxide Project
Expected Major Events for Friday
04:30/JPN: Feb Revised Industrial Production
06:00/UK: Feb UK trade
06:00/UK: Feb Index of Production
06:00/UK: Feb Index of services
06:00/UK: Feb Monthly GDP estimates
06:00/GER: Mar CPI
06:45/FRA: Mar CPI
08:00/ITA: Jan Industrial turnover
08:00/FRA: Apr IEA Oil Market Report
11:30/UK: Mar NIESR Monthly GDP Tracker
12:30/US: Mar Import & Export Price Indexes
14:00/US: Apr University of Michigan Survey of Consumers - preliminary
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Friday
Ault Alliance Inc (AULT) is expected to report for 4Q.
Autoscope Technologies Corp (AATC) is expected to report for 4Q.
Bank7 Corp (BSVN,GMAR.XX) is expected to report $1.06 for 1Q.
BlackRock Inc (BLK) is expected to report $9.13 for 1Q.
CCA Industries (CAWW) is expected to report for 1Q.
Cass Information Systems (CASS) is expected to report $0.59 for 1Q.
Cathedral Energy Services (CET.T) is expected to report for 4Q.
Chicken Soup for the Soul Entertainment Inc (CSSE) is expected to report $0.02 for 4Q.
Citigroup Inc (C) is expected to report $1.20 for 1Q.
ContraFect Corp (CFRXQ) is expected to report for 4Q.
Corus Entertainment Inc - Class B (CJR.B.T,CJREF) is expected to report for 2Q.
Digital Media Solutions Inc (DMSL) is expected to report for 4Q.
Excellon Resources (EXN.T) is expected to report for 4Q.
Express Inc (EXPR) is expected to report for 4Q.
Fathom Digital Manufacturing Corp (FATH) is expected to report for 4Q.
GLG Life Tech Corp (GLG.T,GLGLF) is expected to report for 4Q.
IPI Legacy Liquidation Co (IMPLQ) is expected to report for 4Q.
JPMorgan Chase & Co (JPM) is expected to report $4.18 for 1Q.
LGL Group (LGL) is expected to report for 4Q.
MTY Food Group Inc (MTY.T) is expected to report $0.96 for 1Q.
National American University Holdings Inc (NAUH) is expected to report for 3Q.
Noble Romans Inc (NROM) is expected to report for 4Q.
Northern Dynasty Minerals Ltd (NAK,NDM.T) is expected to report for 4Q.
Omnitek Engineering (OMTK) is expected to report for 4Q.
Oncocyte Corp (OCX) is expected to report for 4Q.
Oragenics Inc (OGEN) is expected to report for 4Q.
Progressive Corp (PGR) is expected to report.
RVL Pharmaceuticals PLC (RVLPQ) is expected to report $-0.29 for 4Q.
ReShape Lifesciences Inc (RSLS) is expected to report $-0.18 for 4Q.
RespireRx Pharmaceuticals Inc (RSPI) is expected to report for 4Q.
State Street Corp (STT) is expected to report $1.46 for 1Q.
TOR Minerals International Inc (TORM) is expected to report for 4Q.
TRX Gold Corp (TRX,TRX.T) is expected to report for 2Q.
Waitr Holdings Inc (ASAPQ) is expected to report for 4Q.
Wells Fargo (WFC) is expected to report $1.06 for 1Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
Airbnb Cut to Hold From Buy by Needham
Albemarle Raised to Buy From Hold by Berenberg
Alpine Immune Sciences Cut to Equal-Weight From Overweight by Morgan Stanley
Alpine Immune Sciences Cut to Neutral From Outperform by Wedbush
Alpine Immune Sciences Cut to Peer Perform From Outperform by Wolfe Research
Alpine Immune Sciences Cut to Sector Perform From Outperform by RBC Capital
Altice USA Cut to Underweight From Neutral by JP Morgan
Apartment Income REIT Cut to Neutral From Outperform by Wedbush
Apartment Income REIT Cut to Peer Perform From Outperform by Wolfe Research
Arbor Realty Trust Cut to Neutral From Outperform by Wedbush
Ashland Raised to Overweight From Equal-Weight by Wells Fargo
Avita Medical Cut to Neutral From Buy by BTIG
CH Robinson Worldwide Raised to Peer Perform From Underperform by Wolfe Research
Chevron Raised to Sector Outperform From Sector Perform by Scotiabank
Clipper Realty Cut to Market Perform From Market Outperform by JMP Securities
Crocs Raised to Positive From Mixed by OTR Global
DoorDash Raised to Buy From Neutral by MoffettNathanson
EOG Resources Cut to Sector Perform From Sector Outperform by Scotiabank
EQT Corp Raised to Sector Outperform From Sector Perform by Scotiabank
Exelixis Cut to Equal-Weight From Overweight by Barclays
Fidelity National Cut to Neutral From Outperform by Exane BNP Paribas
Gartner Raised to Buy From Neutral by UBS
Gen Digital Cut to Equal-Weight From Overweight by Barclays
Hamilton Lane Cut to Neutral From Overweight by JP Morgan
James Hardie Downgraded to Neutral from Outperform by Macquarie
Marsh & McLennan Cut to Equal-Weight From Overweight by Wells Fargo
Monopar Therapeutics Raised to Buy From Hold by JonesTrading
Murphy Oil Cut to Sector Perform From Sector Outperform by Scotiabank
Nike Raised to Buy From Neutral by B of A Securities
Occidental Petroleum Raised to Sector Outperform From Sector Perform by Scotiabank
PPG Industries Raised to Overweight From Equal-Weight by Wells Fargo
Range Resources Cut to Sector Perform From Sector Outperform by Scotiabank
Redwood Trust Cut to Neutral From Outperform by Wedbush
Reliance Steel Cut to Neutral From Buy by Citigroup
Robinhood Markets Cut to Sell From Neutral by Citigroup
Saia Cut to Peer Perform From Outperform by Wolfe Research
SoundHound AI Raised to Neutral From Underweight by Cantor Fitzgerald
StepStone Group Raised to Overweight From Neutral by JP Morgan
SW Energy Cut to Sector Perform From Sector Outperform by Scotiabank
T Rowe Price Raised to Market Perform From Underperform by Keefe, Bruyette & Woods
Vertex Pharmaceuticals Raised to Outperform From In-Line by Evercore ISI Group
Walker & Dunlop Cut to Neutral From Outperform by Wedbush
Warrior Met Coal Raised to Buy From Neutral by Citigroup
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
April 12, 2024 06:18 ET (10:18 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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