Market and economic information almost feels like it’s in clean-up mode right now, with Existing Home Sales for October due out after the market opens, and HP HPQ
, HP Enterprise HPE
, GameStop GME
and Urban Outfitters URBN
all reporting after the closing bell today.
Ahead of Tuesday’s market open, we see Hormel HRL
+6% on strong quarterly earnings results, whereas Jack In The Box JACK
disappointed analyst estimates and finds itself -3% in the pre-market; its earnings beat was eclipsed by comps lower than forecasted.
Keeping with the calendar Q3 earnings sweep-up, Dollar Tree DLTR
beat analyst estimates and finds itself +8% ahead of the opening bell. Campbell Soup CPB
is up 5% on its earnings beat this morning, and shoe discount retailer DSW DSW
is +4% even though the company missed on revenues; it expects holiday season to be stronger than in past years.
So aside from cleaning up ahead of Thanksgiving this Thursday — markets will be closed that day and will close early on Friday, at 1pm ET — getting together with family and friends to, say, go to the movies is a popular thing to do. As such, we view new releases by Disney DIS
and Paramount VIA
as being of interest this weekend.
is one of the top-grossing movies of all time, and the most successful Thanksgiving release ever. The company hopes to repeat this feat with its animated Pacific island adventure film Moana
. Renowned actor (and current tabloid favorite) Brad Pitt stars with Academy Award winner Marion Cotillard in Paramount’s Allied
. This past weekend, Fantastic Beasts
was box-office gold from Warner Brothers Pictures TWX