The September U.S. Dollar Index is trading at 96.17, up 0.07.
The U.S. dollar index is trading choppy and just under the highs of the session.
The U.S. Bureau of Labor Statistics reported that year over year Core CPI (consumer price index) for June rose to 2.3 percent versus 2.2 percent May. Year over year CPI was 1.0 percent versus 1.0 percent in May. On the month CPI in June rose 0.2 percent, the same as May.
The Census Bureau reported that June retail sales rose 0.6 percent versus a rise of 0.5 percent in May. Year over year retail sales were up 2.7 percent versus a 2.5 percent rise in May.
Federal Reserve Bank of New York Empire State manufacturing survey for July slipped to 0.55 from 6.01 in June.
The Federal Reserve is scheduled to report Industrial production and capacity utilization at 9:15 a.m. ET.
Posted-In: U.S. Dollar IndexFutures Forex Markets
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
10 Best Blue Chip Stocks To Buy Right Now: Fossil Inc.(FOSL)
Fossil, Inc. designs, develops, markets, and distributes fashion accessories worldwide. It offers a line of fashion watches under its proprietary brands, such as FOSSIL, MICHELE, RELIC, and ZODIAC; and through licensed brands, including ADIDAS, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, MARC BY MARC JACOBS, and MICHAEL KORS. The company designs, markets, and arranges for the manufacture of watches and accessories on behalf of certain mass market retailers, companies, and organizations as private label products or as premium and incentive items for use in various corporate events. It also provides various fashion accessories for men and women, including handbags, belts, small leather goods, jewelry, and sunglasses through company owned retail stores, department stores, and specialty retail stores, as well as over the Internet and through catalogs. In addition, the company sells a line of soft accessories, such as hats, gloves, and scarves, as well as a handbag collection. Furt her, it offers apparel comprising jeans, outerwear, fashion tops and bottoms, and tee shirts for men and women through company-owned stores, as well as over the Internet and through catalogs. Additionally, the company provides footwear products, including sport court sneakers, authentic casuals, dress classics, and boots for men, as well as fashionable flats, heels, wedges, and boots for women. Fossil, Inc., through a license agreement with the Safilo Group, manufactures, markets, and sells optical frames under the FOSSIL and RELIC brand names in the United States and Canada. As of August 9, 2011, it had approximately 360 company-owned and operated retail stores. The company was founded in 1984 and is headquartered in Richardson, Texas.
- [By Monica Gerson]
Fossil Group Inc (NASDAQ: FOSL) reported downbeat results for its first quarter and issued a weak earnings forecast for the current quarter. Fossil shares tumbled 30.92 percent to $27.70 in pre-market trading.
- [By Monica Gerson]
Fossil Group Inc (NASDAQ: FOSL) is projected to post its quarterly earnings at $0.15 per share on revenue of $666.60 million. Fossil Group shares declined 0.76 percent to close at $39.42 on Friday.
10 Best Blue Chip Stocks To Buy Right Now: Affimed N.V.(AFMD)
Affimed N.V., a clinical-stage biopharmaceutical company, focuses on discovering and developing cancer immunotherapies. Its lead candidate is AFM13, a natural killer cell TandAb designed for the treatment of CD30-positive (CD30+) B- and T-cell malignancies, including Hodgkin lymphoma. The companys product candidates also include AFM11, a T-cell TandAb, which is in Phase I clinical trial for the treatment of various CD19+ B-cell malignancies, including non-Hodgkin Lymphoma, acute lymphocytic leukemia, and chronic lymphocytic leukemia; and AFM21, a TandAb program in preclinical development that binds epidermal growth factor receptor variant III for solid tumors, as well as for patients with glioblastoma, hormone refractory prostate cancer, and head and neck cancer. Its AFM21 product also binds CD3, directing T-cells to destroy tumor cells that carry EGFRvIII. Affimed N.V. has license agreements with Amphivena Therapeutics, Inc . and Xoma Ireland Limited; research funding agreement with The Leukemia & Lymphoma Society; and clinical research collaboration with Merck & Co Inc. The company was formerly known as Affimed Therapeutics B.V. and changed its name to Affimed N.V. in October 2014. Affimed N.V. was founded in 2000 and is headquartered in Heidelberg, Germany.
- [By Monica Gerson]
Affimed NV (NASDAQ: AFMD) is projected to post a quarterly loss at $0.18 per share on revenue of $1.71 million.
Azure Midstream Partners, LP (NYSE: AZUR) is estimated to post its quarterly earnings at $0.10 per share on revenue of $21.26 million.
Top Consumer Stocks For 2016: Smithfield Foods Inc.(SFD)
Smithfield Foods, Inc., together with its subsidiaries, engages in the production and marketing of fresh meat and packaged meats products in the United States and internationally. The company involves in the production of hog; and produces various fresh pork, beef, poultry, and packaged meats products. It sells fresh pork to retail customers as unprocessed and trimmed cuts, such as butts, loins, picnics, and ribs; packaged meats products, including smoked and boiled hams, bacon, sausage, hot dogs, and deli and luncheon meats; specialty products, such as pepperoni and dry meat products; and ready-to-eat prepared foods comprising pre-cooked entrees, and pre-cooked bacon and sausages. The company offers its products to supermarket chains; wholesale distributors; the foodservice industry, including fast food, restaurant and hotel chains, hospitals, and other institutional customers; export markets; and other further processors. It sells its products through its salespersons an d independent commission brokers. Smithfield Foods, Inc. was founded in 1961 and is headquartered in Smithfield, Virginia.
- [By Victor Mora]
Smithfield Foods is a provider of fresh and packaged meat products that are seen as a staple food item for many consumers and growing populations worldwide. A takeover of the company is believed to be going through after a shareholder vote scheduled for Tuesday. The stock has been moving higher in recent years and is now trading slightly below all-time high prices. Over the last four quarters, investors have had mixed feelings about the company, as earnings have been decreasing and revenues have been rising. Relative to its peers and sector, Smithfield Foods has been a year-to-date performance leader. WAIT AND SEE if a vote to acquire Smithfield Foods goes through.
10 Best Blue Chip Stocks To Buy Right Now: Banner Corporation(BANR)
Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including demand checking accounts, interest-bearing checking accounts, money market deposit accounts, regular savings accounts, certificates of deposit, cash management services, and retirement savings plans. The company also provides loan products, including commercial and multifamily real estate loans; residential mortgage loans; residential construction and land loans for professional home builders and developers; consumer loans, such as home equity lines of credit, automobile loans, boat and recreational vehicle loans, and loans secured by deposit accounts; commercial business loans; and agricultural loans. In addition, it engages in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2015, Banner Bank operated 199 branch offices and 9 loan production offices in Washington, Oregon, and Idaho; and Islanders Bank conducted business from 3 locations in San Juan County, Washington. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.
- [By Ben Levisohn]
The twenty stocks in Worth’s basket are: Ameriprise Financial (AMP) Bank of America, Banner (BANR), Citigroup, Citizens Financial Group (CFG), East West Bancorp (EWBC), First NBC Bank Holding (FNBC), HFF (HF), KeyCorp(KEY), Legacy Texas Financial Group (LTXB), Lincoln National (LNC), Morgan Stanley, Old National Bancorp (ONB), PacWest Bancorp (PACW), PNC Financial Services Group (PNC), Principal Financial Group (PFG), Stifel Financial (SF), SVB Financial Group (SIVB), TCF Financial (TCB), and Wells Fargo.
10 Best Blue Chip Stocks To Buy Right Now: Alliance Fiber Optic Products, Inc.(AFOP)
Alliance Fiber Optic Products, Inc. designs, manufactures, and markets various fiber optic components and integrated modules for communications equipment manufacturers and service providers in the United States, North America, Europe, and Asia. It offers connectivity products, including connectivity modules; optical connectors, adapters, and cable assemblies; fused and planar fiber optical splitters and couplers; optical tap couplers and ultra low polarization dependent loss tap couplers; amplifier wave division multiplexers (WDM) couplers; optical fixed attenuators; fused fiber WDM couplers; and fiber array units. The company also provides optical passive products comprising filter WDMs, dense wave division multiplexers (DWDMs), coarse wavelength division multiplexers, compact coarse wavelength division multiplexers, add/drop DWDM filters, optical isolators, optical bypass switches, and automatic variable optical attenuators. Alliance Fiber Optic Products, Inc. was founded in 1995 and is headquartered in Sunnyvale, California.
- [By Lisa Levin]
Alliance Fiber Optic Products Inc (NASDAQ: AFOP) shares shot up 19 percent to $18.47 after the company agreed to be acquired by Corning Incorporated (NYSE: GLW) for $18.50 per share.
- [By Monica Gerson]
Alliance Fiber Optic Products (NASDAQ: AFOP) shares rose 7.21% to $21.70. The volume of Alliance Fiber Optic Products shares traded was 397% higher than normal. Alliance Fiber Optic lifted its Q3 revenue outlook.
10 Best Blue Chip Stocks To Buy Right Now: Synacor, Inc.(SYNC)
Synacor, Inc. provides startpages and homescreens, video solutions, identity management services, and various cloud-based services for a range of devices to cable, satellite, telecom, and consumer electronics companies in the United States and Internationally. The companys technology allows customers to package a range of personalized, online content, and cloud-based services with their high-speed Internet, communications, television and other offerings. It creates, designs, and develops multi-device startpages, such as personalized contents to engage the consumers of Internet and communications providers, and device manufacturers in its media and programming library; offers digital advertising services through video, image, and text advertisements; and provides streaming video services to find TV shows, movies, and short-form videos from various genres at one place. The company also offers cloud ID products, which are ident ity management platforms for access controlling, ID usage auditing, and fraud prevention; hosting and management services for Web-based email products; and migration services to migrate from other email hosts to its email products. In addition, it provides free-to-subscriber contents and services; and paid content and premium services. The company was formerly known as CKMP, Inc. and changed its name to Synacor, Inc. in July 2001. Synacor, Inc. was founded in 1998 and is headquartered in Buffalo, New York
- [By Monica Gerson]
Synacor Inc (NASDAQ: SYNC) is projected to post a quarterly loss at $0.03 per share on revenue of $30.00 million.
VAALCO Energy, Inc. (NYSE: EGY) is expected to post a quarterly loss at $0.11 per share on revenue of $18.59 million.
10 Best Blue Chip Stocks To Buy Right Now: Bunge Limited(BG)
Bunge Limited, together with its subsidiaries, operates as an agribusiness and food company worldwide. It operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. The Agribusiness segment engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products, such as oilseeds and grains, including soybeans, rapeseed, canola, sunflower seeds, wheat, and corn to animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies, and biodiesel industries. The Edible Oil Products segment provides packaged and bulk oils, shortenings, margarines, mayonnaise, sauces, pastes, condiments, and seasonings to baked goods companies, snack food producers, restaurant chains, food service distributors, and other food manufacturers, as well as gr ocery chains, wholesalers, distributors, and other retailers. The Milling Products segment produces and sells various wheat flours and bakery mixes; and corn milling products, including dry-milled corn meals, flours, flaking and brewer’s grits, soy-fortified corn meals, corn-soy blend products, and other products, as well as sells rice products. The Sugar and Bioenergy segment produces and sells sugar and ethanol; trades and merchandises sugar; and generates electricity from burning sugarcane bagasse. As of December 31, 2015, this segment had a total installed capacity of approximately 322 megawatts. The Fertilizer segment produces, blends, and distributes nitrogen, phosphate, and potassium fertilizers comprising phosphate-based liquid and solid nitrogen fertilizers; single super phosphate; and ammonia, urea, ammonium thiosulfate, monoammonium phosphate, diammonium phosphate, triple supersphosphate, UAN, ammonium sulfate, and potassium chloride products. Bunge Limited was fo unded in 1818 and is headquartered in White Plains, New York! .
- [By Cameron Swinehart]
A diversified agriculture ETF with holdings in a variety of the largest agribusiness companies globally. Holdings include Bunge (BG), Archer Daniel Midland (AMD), PotashCorp (POT) and Deere (DE).
- [By David Sterman]
He subsequently closed that position with a nice profit, and he should now check out rival Bunge (NYSE: BG), which in my view, holds better value. (I'll have more to say about Bunge in a separate column in coming weeks).
10 Best Blue Chip Stocks To Buy Right Now: Humana Inc.(HUM)
Humana Inc. offers various health and supplemental benefit plans in the United States. Its Government segment consists of beneficiaries of government benefit programs; and operates in three lines of businesses, including Medicare, Military, and Medicaid. The Medicare program provides hospital and medical insurance benefits to persons of age 65 and over and some disabled persons under the age of 65. The Military program offers health insurance coverage to the dependents of duty military personnel, and to retired military personnel and their dependents. The Medicaid program is a federal program that is state-operated to facilitate the delivery of health care services primarily to low-income residents. The Commercial segment consists of members enrolled in its medical and specialty products marketed to employer groups and individuals. This segment provides health maintenance organization products that offer prepaid health insurance coverage to its members through a network of independent primary care physicians, specialty physicians, and other health care providers; preferred provider organization products, which are offered primarily to employer groups and individuals; and administrative services only products that are provided to employers who self-insure their employee health plans. It also offers various specialty products, including dental, vision, and other supplemental products, as well as disease management services. As of December 31, 2010, Humana Inc. had approximately 10.2 million members enrolled in medical benefit plans; and approximately 7.1 million members enrolled in specialty products programs. The company markets its products through various channels comprising television, radio, the Internet, telemarketing, and direct mailings. In addition, it has strategic alliances with Wal-Mart Stores, Inc.; State Farm; and United Services Automobile Association to market its products. The company was founded in 1961 and is headquartered in Louisville, Kentucky.
- [By Ben Levisohn]
The Wall Street Journal reported that government regulators are pushing back against Anthem’s (ANTM) purchase of Cigna (CI). California, however, seems to have few issues with the proposed combination of Aetna (AET) andHumana (HUM). Leerink’s Ana Gupte explains:
10 Best Blue Chip Stocks To Buy Right Now: Twitter, Inc.(TWTR)
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California .
- [By Benzinga News Desk]
Friday marks the 10th anniversary of Twitter's (NYSE: TWTR) launch to the public. To celebrate the occasion, Benzinga took a look back at some of the most notable days in its history.
- [By The Ticker Tape]
Two technology giants are on tap Tuesday after the markets close and another one on Wednesday, ahead of the bell: Twitter Inc (NYSE: TWTR), Apple Inc. (NASDAQ: AAPL) and Facebook Inc (NASDAQ: FB). What innovations are these social media and technology disruptors up to now?
- [By Todd Shriber, ETF Professor]
Many exchange-traded funds know about the social media ETF, a fund that holds companies such as Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR). With Tuesday's debut of the Sprott Buzz Social Media Insights ETF (NYSE: BUZ), there is now an ETF targeting companies receiving bullish mentions and adulation on social media and other online media forums.
- [By Laura Brodbeck]
Tech companies have been toeing a fine line between protecting their users' privacy and complying with government requests to provide them with what they think is essential information in combating terrorism. Terror groups are becoming increasingly active on social media, using sites like Twitter Inc (NYSE: TWTR) and Facebook Inc (NASDAQ: FB) to recruit new members, plan attacks and spread propaganda.
10 Best Blue Chip Stocks To Buy Right Now: Oasis Petroleum Inc.(OAS)
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. It sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.
- [By Robert Rapier]
Oasis Petroleum (OAS) is a pure Bakken/Three Forks play, with 335,000 leased acres in the Williston Basin.
Oasis has only been a public company since 2010, and in addition to the $400 million raised in its initial public offering, the company has funded operations with $1.2 billion in debt.
- [By Ben Levisohn]
The $50/Bbl Question Is Answered In our June 2nd note entitled, Rethinking Risk/Reward on High Beta E&Ps, we highlighted that $50/Bbl is a critical level as it is around which many E&Ps have indicated they would begin either utilizing drilled-but-uncompleted (DUC) wells and/or increasing activity. Thus, with the NYMEX strip exceeding ~$50/Bbl in H216 and 2017, the question becomes, What will E&Ps do next? In our note we distinguished which oilier SMID Caps could organically accelerate at current NYMEX strip prices without further leveraging the balance sheet and which would still require higher oil prices. We ranked WPX third, behindOasis Petroleum (OAS) and Whiting Petroleum (WLL) in terms of its ability to accelerate through the drill-bit while keeping the balance sheet intact. For WPX we concluded that without increasing activity beyond our base case assumptions or higher oil prices, leverage would increase by 0.8x in 2017. However with accelerated activity and corresponding higher outspend (via more Williston DUCs and an addtl Permian rig), we forecast WPX could further grow production next year and keep leverage flattish at ~3.5x Net Debt/EBITDAX. We think todays announcements confirm our thesis, as WPX increased 2016 Williston activity and issued equity to facilitate this addtl spend plus potential activity acceleration in 2017/2018 without adding more debt.