S&P Futures Slide Pre Market - Weekly Preview

Morning Movvers:

Upside:

TSLA Market Chatter: Tesla Up 2%, Model S Reportedly Outselling Other Luxury Models in California - Up $3 pre market
FB Facebook trading slightly higher premarket; may be attributed to positive Forbes.com story out over the weekend

ONXX to be bought by AMGN for $125/share

AMGN up big on that also

TMS to be bought for $17.50/share by Pritzker Organization, LLC

QIHU earnings last night

DLTR Deutsche Bank upgrades Hold to Buy

HAS CitiGroup raises Sell to Buy (Sell to Buy is a big upgrade)

Downside:

RIGL R343 drug does not meet primary endpoint in Asthma study

TSN cut by Tier One firm Buy to Neutral

FDO cut at Deutsche Bank Buy to Hold 

STNG cut at JPMorgan OverWeight to EqualWeight

      -- PNC is looking for an 80% reading from the revised August University of
Michigan consumer-sentiment index. "Consumer-sentiment measures will be flat in
the second half of 2013," says Stuart Hoffman, of PNC.
      -- Harley-Davidson holds its 110th anniversary in Milwaukee.
      -- President Obama meets Baltic presidents in Washington.

                      Coming Earnings

 Day                    Quarter  Consensus   Year   Ticker
                                  Estimate    Ago
M
RTI Int'l Metals          2Q       $0.16    $0.17    RTI
Coldwater Creek           2Q       -0.63    -0.56    CWTR
Jos (A.) Bk Clothrs       2Q        0.52     0.83    JOSB
INTELIQUENT               2Q        0.07     0.12    IQNT
Greif Brothers 'A'        3Q        0.89     0.75    GEF
Tower Grp                 2Q       -0.30    -0.34    TWGP
Oxford Industries         2Q        0.98     0.65    OXM
T
Donaldson                 4Q        0.45     0.47    DCI
Tiffany  &  Co            2Q        0.74     0.72    TIF
Regis                     4Q        0.12     0.40    RGS
Brown Shoe                2Q        0.22     0.16    BWS
Sanderson Farms           3Q        2.62     1.25    SAFM
Standex Int'l             4Q        1.08     1.02    SXI
Movado Grp                2Q        0.32     0.30    MOV
Dycom Industries          4Q        0.45     0.39    DY
Aerovironment             1Q       -0.07    -0.06    AVAV
WMS Industries            4Q        0.30     0.41    WMS
W
Williams-Sonoma           2Q        0.47     0.43    WSM
Chico's FAS               2Q        0.32     0.32    CHS
SWS Grp                   4Q       -0.05    -0.11    SWS
Joy Global                3Q        1.36     1.82    JOY
Brown-Forman 'B'          1Q        0.71     0.69    BFB
Guess?                    2Q        0.36     0.49    GES
Zale                      4Q       -0.33    -0.61    ZLC
Th
Bio Reference Labs        3Q        0.51     0.45    BRLI
Fred's                    2Q        0.09     0.17    FRED
salesforce.com            2Q        0.07     0.11    CRM
Esterline Tech            3Q        1.53     1.12    ESL
Methode Electron 'A'      1Q        0.21     0.10    MEI
Genesco                   2Q        0.60     0.50    GCO
Pall                      4Q        0.89     0.86    PLL
Campbell Soup             4Q        0.42     0.41    CPB
Corinthian Colleges       4Q        0.03     0.11    COCO
Signet Jewellers          2Q        0.83     0.85    SIG

(Earnings are diluted and report dates are tentative.
All forecasts and historical numbers exclude extraordinary
items by accounting definitions.)

Source: Thomson First Call

                  Consensus Estimate
Day   Time

                                                 Consesus Est  Last Period

M    8:30   July Durable Goods                     -3.7%        r3.9%
T   10:00   August Consumer Confidence             79.0         80.3
Th   8:30   Q2 GDP (p)                              2.3%         1.7%
F    8:30   July Personal Income                    0.1%         0.3%
     8:30   July Consumption                        0.3%         0.5%
     9:45   August Chicago PMI                     53.0         52.3
     9:55   August Michigan Sentiment (f)          81.0