The selection of defense secretary continues Trump's practice of turning away from civilians with high-level national security experience to run the Pentagon or to retired officers, which he tried early in his first term when he chose retired Marine Gen. Jim Mattis to run the department.
Can Newsom's California Still Lead the Trump Resistance?
SAN FRANCISCO-In the aftermath of another Donald Trump victory, no Democrat more swiftly charged to the defense of left-leaning policies than California Gov. Gavin Newsom.
Within two days of the election, Newsom positioned himself at the forefront of the opposition, calling for state lawmakers to convene an emergency special session "to safeguard California values" in the face of an incoming Trump administration.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings [3Q Unless Stated Otherwise]:
ADENTRA
AutoCanada
CCL Industries
Collective Mining
Element Fleet
Exro Tech
Hudbay Minerals
Hut 8
KP Tissue
Loblaw Companies
Maple Leaf Foods
Marimaca Copper
Mattr
Northland Power
Oncolytics Biotech
Pollard Banknote
STEP Energy
Strathcona Resources
Tantalus Systems
Vitalhub
Economic Calendar:
Nothing major scheduled
Stocks to Watch:
Bonterra Energy 3Q Net C$4.26M; 3Q Rev C$69.2M; 3Q EPS C$0.11
Computer Modelling 2Q EPS C$0.05; 2Q Rev C$32.3M
Conifex Timber 3Q Loss $3.8M; 3Q Rev $25.2M; 3Q Loss/Shr 9C
Crown Capital Partners 3Q Loss/Shr C$0.49; 3Q Rev C$17.9M
DATA Communications Mgmt 3Q Rev C$108.7M; 3Q Loss C$2.66M
D-Box Technologies 3Q Rev C$12.1M
Discovery Silver 3Q Loss/Shr C$0.01
Eupraxia Pharmaceuticals Announces Positive Data From Fifth Cohort of RESOLVE Phase 1b/2a Trial of EP-104GI for Treatment of Eosinophilic Esophagitis; One of Three Patients in Cohort 5 Achieved Complete Histological Remission at 12 Weeks; Cohort 6 Is Now Fully Enrolled and Dosed, With 12-Week Data Anticipated in 1Q25
GDI Integrated Facility 3Q Rev C$640M; 3Q EPS C$0.28
i-80 GOLD CORP. 3Q Rev $11.5M
Kolibri Global Energy 3Q EPS 14c
Orla Mining Ltd. 3Q EPS 7c; 3Q Adj EPS 6c
Power Corp 3Q EPS C$0.58; 3Q Adj EPS C$0.84
Rubellite Energy 3Q Rev C$43.7M; 3Q EPS C$0.23
SilverCrest Metals 3Q EPS 6c; 3Q Rev $80.4M; Firmly on Track to Perform Inline or Better Than Our 2024 Annual Guidance for Sales; on Track to Perform Inline, Better Than 2024 Guidance for All-In Sustaining Costs
Vecima Networks Declares Dividend of C$0.055
VIQ Solutions 3Q Loss/Shr 2c
Expected Major Events for Wednesday
06:30/FRA: 3Q ILO Unemployment and Labour Market-related indicators
12:00/US: 11/08 MBA Weekly Mortgage Applications Survey
13:30/US: Oct CPI
13:30/US: Oct Real Earnings
15:00/US: Oct Online Help Wanted Index
19:00/US: Oct Monthly Treasury Statement of Receipts and Outlays of the U.S. Government
21:30/US: API Weekly Statistical Bulletin
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Wednesday
Advanced Flower Capital Inc (AFCG) is expected to report $0.29 for 3Q.
American Shared Hospital Services $(AMS.UK)$ is expected to report for 3Q.
Avalo Therapeutics Inc (AVTX) is expected to report for 3Q.
B. Riley Financial Inc $(RILY)$ is expected to report for 3Q.
Bakkt Holdings Inc $(BKKT)$ is expected to report for 3Q.
Broadwind Inc $(BWEN)$ is expected to report $-0.03 for 3Q.
Cabaletta Bio Inc (CABA) is expected to report $-0.59 for 3Q.
CareMax Inc $(CMAX)$ is expected to report for 3Q.
Cullinan Therapeutics Inc (CGEM) is expected to report for 3Q.
DallasNews Corp $(DALN)$ is expected to report for 3Q.
Everi Holdings Inc (EVRI) is expected to report $0.16 for 3Q.
EyePoint Pharmaceuticals Inc (EYPT) is expected to report $-0.46 for 3Q.
Fulcrum Therapeutics Inc (FULC) is expected to report $-0.37 for 3Q.
Great Elm Group Inc $(GEG)$ is expected to report for 1Q.
Hudbay Minerals Inc (HBM,HBM.T) is expected to report $0.04 for 3Q.
Hut 8 Corp (HUT.T) is expected to report $-0.24 for 3Q.
Immunovant Inc $(IMVT)$ is expected to report for 2Q.
InPlay Oil Corp (IPO.T) is expected to report $0.04 for 3Q.
Independence Contract Drilling Inc (ICDI) is expected to report $-1.14 for 3Q.
International Tower Hill Mines Ltd (ITH.T,THM) is expected to report for 3Q.
KP Tissue (KPT.T) is expected to report for 3Q.
LL Flooring Holdings Inc $(LLFLQ)$ is expected to report $0.09 for 3Q.
Liquidia Corp $(LQDA)$ is expected to report $-0.38 for 3Q.
Maple Leaf Foods Inc (MFI.T,MLFNF) is expected to report $0.24 for 3Q.
Mersana Therapeutics Inc $(MRSN)$ is expected to report $-0.19 for 3Q.
NetSol Technologies Inc $(NTWK)$ is expected to report for 1Q.
Nuvei Corp (NVEI.T) is expected to report $0.10 for 3Q.
Perma-Fix Environmental Services Inc $(PESI)$ is expected to report $-0.10 for 3Q.
Perpetua Resources Corp (PPTA.T) is expected to report for 3Q.
RADCOM Ltd $(RDCM)$ is expected to report $-0.37 for 3Q.
Salarius Pharmaceuticals Inc (SLRX) is expected to report for 3Q.
Seres Therapeutics Inc $(MCRB)$ is expected to report $-0.08 for 3Q.
Sonida Senior Living Corp $(SNDA)$ is expected to report $-0.18 for 3Q.
Spyre Therapeutics Inc $(SYRE)$ is expected to report for 3Q.
Star Equity Holdings Inc $(STRR)$ is expected to report for 3Q.
Steel Connect Inc (STCN) is expected to report for 4Q.
Synlogic Inc $(SYBX)$ is expected to report for 3Q.
Valeura Energy Inc (PNWRF,VLE.T) is expected to report for 3Q.
Venus Concept Inc $(VERO)$ is expected to report $-1.23 for 3Q.
X4 Pharmaceuticals Inc $(XFOR)$ is expected to report $-0.17 for 3Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
AeroVironment Cut to Hold From Buy by Jefferies
Airbnb Cut to Reduce From Neutral by Phillip Securities
Alnylam Pharmaceuticals Cut to Underperform From Peer Perform by Wolfe Research
Asbury Automotive Cut to Neutral From Buy by Seaport Global
Atlas Energy Solutions Cut to Equal-Weight From Overweight by Barclays
Avidbank Holdings Raised to Buy From Neutral by Janney Montgomery Scott
Bristol-Myers Squibb Raised to Outperform From Market Perform by Leerink Partners
Buckle Inc Raised to Neutral From Sell by UBS
BWX Technologies Raised to Overweight From Neutral by Alembic Global
Carter's Raised to Neutral From Sell by Citigroup
CH Robinson Worldwide Raised to Buy From Neutral by Citigroup
First Mid Bancshares Cut to Neutral From Buy by DA Davidson
Five9 Cut to Equal-Weight From Overweight by Wells Fargo
Horace Mann Educators Cut to Market Perform From Outperform by Keefe, Bruyette & Woods
Hudson Pacific Properties Cut to Hold From Buy by Jefferies
iHeartMedia Raised to Neutral From Underperform by B of A Securities
Intl Flavors & Fragrances Raised to Overweight From Equal-Weight by Morgan Stanley
Knight-Swift Transport Cut to Sell From Neutral by Citigroup
Okta Cut to Hold From Buy by Deutsche Bank
Old Dominion Freight Cut to Hold From Buy by Argus Research
Phunware Cut to Neutral From Buy by HC Wainwright & Co.
Ross Stores Cut to Neutral From Buy by Citigroup
RXO Cut to Neutral From Buy by Citigroup
Schneider National Cut to Sell From Neutral by Citigroup
SentinelOne Raised to Buy From Hold by Deutsche Bank
South Atlantic Bancshares Raised to Buy From Neutral by Janney Montgomery Scott
Sprinklr Cut to Underweight From Equal-Weight by Wells Fargo
Sun Communities Cut to Underperform From Neutral by B of A Securities
TriCo Bancshares Cut to Neutral From Buy by DA Davidson
Twilio Raised to Overweight From Equal-Weight by Wells Fargo
Veris Residential Raised to Buy From Neutral by B of A Securities
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
November 13, 2024 05:56 ET (10:56 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
