Friday, January 9, 2015

Friday Jan 9 outlook

Stocks on my radar this AM:

Bed Bath & Beyond BBBY, -5.03%  reported third-quarter earnings of $1.23 a share, including a 4-cent-a-share gain from one-time items, on revenue of $2.94 billion. Analysts surveyed by FactSet expected $1.20 a share on revenue of $2.97 billion.

My notes on BBBY:
IV was at two year highs going into this report. It closed at 39, with weekly IV at 134. The stock makes an avg PEM of 3%; max of 5.3%; min 1.4%

AbbVie Inc. ABBV, -0.19%  raised its 2015 earnings outlook and said it may further revise its guidance as the launch of its Hepatitis C treatment progresses. The company is now expecting adjusted per-share earnings of $4.25 to $4.45 for the year, compared with the FactSet consensus of $4.34. 

ABBV may move based on the thin volume trading yesterday after hours.

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