Premarket Trading Ideas for June 30th: XIV, UWTI, GOGO, JUNO, ERX, ETRM, APOL, KITE, AMD, NBG, SVXY, VTAE, XLF, PRSN

Day Trading Ideas:
GOGO, XIV, APOL, JUNO
Economic calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:00	EUR	German Retail Sales	med		0	1.3
				2:00	EUR	German Retail Sales	med		2.8	1
				2:45	EUR	French PPI	med			-0.4
				2:45	EUR	French Consumer Spending	low		-0.2	0.1
				2:45	EUR	French PPI	med			-2
				2:45	EUR	French Consumer Spending	low		1.5	2
				3:55	EUR	German Unemployment Rate (sa)	high		6.4	6.4
				3:55	EUR	German Unemployment Change	med		-5	-6
				5:00	EUR	Flash HICP - Core	high		0.8	0.9
				5:00	EUR	Flash HICP	high		0.2	0.3
				5:00	EUR	Unemployment	med		11.1	11.1
				9:00	USD	S&P Case-Shiller Home Price	med		5.5	5.04
				9:45	USD	Chicago PMI	med		50.6	46.2
				10:00	USD	Consumer confidence	high		97.1	95.4
				20:00	USD	Vehicle Sales	low		17.2	17.71
				20:00	EUR	ECB minutes of previous meeting to be released	high

Premarket Earning Report:

ConAgra Foods, Inc. ( CAG ) is reporting for the quarter ending May 31, 2015. The food company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.59. This value represents a 7.27% increase compared to the same quarter last year. CAG missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -3.51%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CAG is 20.28 vs. an industry ratio of 10.10, implying that they will have a higher earnings growth than their competitors in the same industry. 

Schnitzer Steel Industries, Inc. ( SCHN ) is reporting for the quarter ending May 31, 2015. The steel company's consensus earnings per share forecast from the 5 analysts that follow the stock is $-0.10. This value represents a 162.50% decrease compared to the same quarter last year. The last two quarters SCHN had negative earnings surprises; the latest report they missed by -312.5%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SCHN is -63.97 vs. an industry ratio of 2.10. 

OMNOVA Solutions Inc. ( OMN ) is reporting for the quarter ending May 31, 2015. The chemical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.11. This value represents a 22.22% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 13 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for OMN is 18.63 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry.

After Hour Movers:

Juno Therapeutics, Inc. (Nasdaq: JUNO) 42.2% HIGHER; Celgene Corporation (Nasdaq: CELG) and Juno Therapeutics, Inc. (Nasdaq: JUNO) announced today a global collaboration for the development and commercialization of immunotherapies. The two companies will leverage T cell therapeutic strategies to develop treatments for patients with cancer and autoimmune diseases with an initial focus on Chimeric Antigen Receptor Technology (CAR-T) and T Cell Receptor (TCR) technologies. Celgene to make initial payment of approximately $1 billion which includes the purchase of ~9.1 million shares of Juno stock at $93.00 per share, with potential to increase its stake over time.

EnteroMedics Inc. (NASDAQ: ETRM) 12.4% LOWER; commenced an underwritten public offering of units. Each unit will consist of a share of common stock, Series A warrants to purchase common stock and Series B warrants to purchase common stock.

Kite Pharma, Inc. (NASDAQ: KITE) 8.9% HIGHER; higher in sympathy with Juno

Apollo Education Group (NASDAQ: APOL) 6.7% LOWER; reported Q3 EPS of $0.44, $0.04 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $681.5 million versus the consensus estimate of $698.57 million. Third quarter 2015 University of Phoenix New Degreed Enrollment was 29,400 and Degreed Enrollment was 206,900, compared to New Degreed Enrollment of 33,900 and Degreed Enrollment of 241,900 for the prior year third quarter. Apollo Education Group sees FY2015 revenue of $2.60-2.62 billion, versus the consensus of $2.63 billion.

CHC Group (NYSE: HELI) 6.4% LOWER; reported Q4 EPS of ($0.55), $0.05 worse than the analyst estimate of ($0.50). Revenue for the quarter came in at $374 million versus the consensus estimate of $438.97 million.

Lion Biotechnologies, Inc. (NASDAQ: LBIO) 5.7% HIGHER; higher in sympathy with Juno

Cellectis S.A. (NASDAQ: CLLS) 3.8% HIGHER; higher in sympathy with Juno

Advanced Micro Devices (NASDAQ: AMD) 2.3% HIGHER; chatter Microsoft (NASDAQ: MSFT) may acquire AMD. The origin of the rumor is kitGuRu, citing sources. Microsoft approached AMD several months ago, the report said.

Celgene Corporation (Nasdaq: CELG) 0.7% LOWER; The company and Juno Therapeutics, Inc. (Nasdaq: JUNO) announced today a global collaboration for the development and commercialization of immunotherapies. The two companies will leverage T cell therapeutic strategies to develop treatments for patients with cancer and autoimmune diseases with an initial focus on Chimeric Antigen Receptor Technology (CAR-T) and T Cell Receptor (TCR) technologies. Celgene to make initial payment of approximately $1 billion which includes the purchase of ~9.1 million shares of Juno stock at $93.00 per share, with potential to increase its stake over time.

American Capital Ltd (NASDAQ: ACAS) 0.4% HIGHER; announced today that in the second quarter of 2015 it made open market purchases of approximately 6.5 million shares of American Capital common stock, or 2.4% of the Company's outstanding shares as of March 31, 2015. The shares were purchased at an average price of $14.32 per share, totaling approximately $92.6 million.