Russell 1,000 Weekly Recap 9/07 - 9/11/2020 (-3.38%)
The top 3 Russell 1 names with the largest recently scored news activity are American International Group (AIG), Tiffany & Co. (TIF) and Prudential Financial (PRU).
PRU 9/11, from Sify.com: Air India Express to get $51M for loss of aircraft in Kozikode accident.
TIF 9/10, from the Daily Mail: Luxury giant LVMH will counter-sue Tiffany & Co after backing out of $16.2 billion takeover.
PRU 9/08, from Reuters UK: Exclusive: Grab in talks with Prudential, AIA for fintech investment - sources.
Cisco Systems (CSCO), Oracle Corp. (ORCL), and Honeywell International (HON) led Russell 1,000 names in positive 7-day sentiment scores with at least 25 stories. Conversely, Consolidated Edison (ED), American Electric Power (AEP), and Tiffany & Co. (TIF) recorded the most negative 7-day sentiment scores.
Oracle (ORCL) beat Wall Street Estimates by $0.07, and the Estimize consensus by $0.04 9/10. ORCL was off more than -0.58% 9/11. Oracle has beaten Estimize in 50% of releases since Estimize's inception while beating the Street in 72% of releases during the same period.
Casey's General Stores (CASY) beat Estimize by 55% on 9/08 (and the Street by 57%). Over the last 13 quarters, the Estimize consensus beat / miss spread of 5-day performance for CASY is 509 basis points (+1.08% in 9 beats and -4.01% in 5 misses).
There were 7 new highs in the Russell 1,000 on 9/11 (AMRK, CKPT, FRTA, TXG, PACK, GRBK, FDX) and 15 new lows (EVFM, CRBP, CORR, SEAC, LXRX, RVSB, THR, STR, NWN, ICPT, STFC, CFFN, ONTO, HE, ESRT).
3 stocks traded more than 10 times their 30-day average daily volume 9/11 (AMRK, MNRL, QTEC).