Auto Lending: Some Bumps In The Road In 2H19?

Are List 4 Tariff Risks Higher Than Investors Realize?

An Early Look at BA’s 3Q Results & MAX Update - We Remain Tactically Bullish

It’s All About the Network; DAL Realligns its S. American Presence

F3Q19 Recap: Macro Slowdown Offsets Share Gains; See Strong Recovery in F2020

Car parts cost analysis shows auto insurance industry needs to be vigilant on rates (PGR, ALL)

Raising PT as Market Share Gains Likely Accelerating

3Q19 Shaping Up Nicely; 4Q19 Off to a Good Start

September U.S. Retail Sales Through 16 Selling Days (13.7)%; Est. 16.8M SAAR

BRG Chemicals Digester - Macro Considerations

UNFI; 4QF19 Preview, Look for Conservative FY20 Guidance

First Look: Macro Driven Slowdown and Revised FY Guidance

Raising PT After Strong 3Q and Solid 2020 Guide

Not Aware Of Any News Driving RRD up 15% Intraday

Short Interest Update: AXS, TRV, WRB Decrease; PGR, ALL, RNR Increase

This Could Be An In-Line Quarter for ATI!

Preparing For CA Regulations

Operating Well, But Lacking NT Catalyst; Remain NEUTRAL, PT to $96

3Q Wrapping Up Without Weather Concerns Like Prior Two Quarters

First Look: HDS To Split In Two

Heavy Truck Registrations Decline 20%+ in Europe

Capital Markets Deep Dive: Business & Sub-Business Fee Pool Trends

New Home Sales Preview - August

Takeaways From The Road

F2Q20 First Look: Solid Earnings Beat Fueled By Topline and SG&A

BRG Trucking Update

Kumar Chronicles: ACGL Meetings, PGR Estimate Chg, Hurricane Season Update

Larson’s Fresh Off the Farm Weekly

Tropical Storm Damage Announced - A Potential Net Positive?

2QF20 Results Suggest EBF Outperforming, But Industry Challenges Remain

Sep-19 Mid-Month Pricing: ATPs +3.7% (~$1,200), Incentives +2.8% (~$100) YOY

Strike Drags On - Labor Deal Likely Punitive to GM Fixed Cost Structure

Brazilian Airline Profits a Function of What Competitors Permit

Industrial Weekly - The Nitro Boost (9/23/19)

3Q19 Earnings Preview - KBH & LEN

BRG Chem Notes

McGrath’s Resi Wrap-Up: A Builders and Products Weekly Preview

Investor Focus Much More on Commercial and Processing than Residential

Houston Update Following Imelda

BCO Remains A Top Pick After Conference Appearance

Industrial Conference Takeaways

Takeaways From Our Industrial Conference: Remain Cautious On OEMs/Suppliers

Conference Takeaways: Stable End Markets, Lots Of Self-Help

Investor Meeting Takeaways

Conference Takeaways: Positive Tone, Many Growth Opportunities To Flag

Conference Takeaways: Shaky Demand Outlook; FL Stability; M&A Prospects Better

Industrial Conference Highlights: CSL

Highlights from the Road with OSK

2nd MirrorEye Contract Secured

September U.S. Retail Sales Through 10 Selling Days (20.5)%; Est. 16.6M SAAR

HAIN; Execution is Working Well, Patience is Required

No More Rate Cuts? Retail Deposit Franchises Should Benefit Most

U.S. Casting Sale Will Facilitate Deleveraging, But Implies Value Destruction

AHAM Home Cooking Appliance Data Still Sluggish, But Better Than YTD Trend Line

GM Auto Strike Is Punitive To Suppliers - AXL, CPS, & LEA Most Vulnerable

BRG Railcar Update

Marking To Market For ETF AUM Trends

Revenue Execution Easier for Some; Harder for Others

Downgrading to NEUTRAL - Assuming Conservatism Too Risky For Now

KR: Contracting Core Business Further At Risk from UAW Strike?

Estimate Update Post Monthly Numbers

California Home Sales - Slow Improvements

Strong August AHAM Data

We Would Buy Print Stocks Today On What Looks Like Program Selling On Russell Value

Larson’s Fresh Off the Farm Weekly

Lowering Estimates On Tariff-Related Pressures

Kumar Chronicles: PT/Estimate Chg, PGR EPS Miss, CPI, Short Interest

September IHS Forecast: Cuts Around the Globe Headlined By Cont. China Weakness

GM UAW Workers Strike Nationwide!! ~$25M EBIT Hit Per Day

McGrath’s Resi Wrap-Up: A Builders and Products Weekly Preview

NDR Notes From The Road

Winter Comes Early for Airlines; Stress Testing for an Oil Shock

Leaner Post-PP&S Enterprise Should Garner Higher Multiples; Reiterate $40 PT

Industrial Weekly - The Nitro Boost (9/16/19)

Monthly Rental Rate Momentum Survey

Great Company, Fairly Valued Stock; Downgrading to NEUTRAL

BRG Chem Notes

First Look: Friday the 13th…

Caterpillar’s Retail Sales through August

BRG Trucking Update

KR: Kro”troluem”ger

CPI (Personal Auto) Update: Spread worsens but stocks continue to work. (PGR, ALL)

Short Interest Update: EIG, SIGI, PRA increase; TRV, RE decrease

September U.S. Retail Sales Through 4 Selling Days (36.4)%; Est. 16.5M SAAR

Industry Conf. Recap: 2019E EPS Looking Safer; Higher Rates of Late Easing Pressure on 2020

Weaker Fundamentals and Incremental Costs Drive 3Q19 Downside Pre-Report

September Shaping up Fine; 4Q19 Supply Tightens on the Margin

As Sales Pressures Wane, Stock Has Room to Run; Raising PT to $150

Monthly Smorgasbord; Crop Immaturity Remains Primary Issue for F19/20

3Q19 Freightliner Dealer Survey Highlights

Quick Estimates Update for Universe: We Prefer HIG, AXS and THG

USFD: Closing SGA a Positive Catalyst

Aug-19 Full-Month Pricing: ATPs +3.0% (~$950), Incentives +7.1% (~$300) YOY

DealReporter Suggests JBT’s Aero Biz Is For Sale; Focus Will Be On Food

SAFM; Chicken Pricing Still Losing Ground

2019 UAW Contract Negotiations: Caution Ahead!

KR: Overripe

Downgrading To Neutral On Shakier Prospects For End Markets, Outgrowth

Maintain Buy Ahead of Next Week’s Analyst Day

SERV Needed A European Platform And Now They Have It; Get Ready For More Deals

Moody’s Cuts Ford/FMCC Credit Ratings To Junk

First Look: F2Q About As Expected, But 2H Outlook Considerably Weaker

Reducing Price Target on Slower Volume Recovery

LMNR; Adjusted 3QF19 EPS In-Line With Preannouncement

Industry Conference Takeaways: Guidance Not as Bad as Feared

HOME: Earnings Stabilization Must Follow Reduction in Unit Growth

The 777-X Test Failure

Kumar Chronicles: CLIPS, IVANS, Reinsurance Capital, RMS Conf Call, TRV

Personal Lines Rate Monitor: August Update reflects declines (PGR, ALL)

August Weather Update

August Weather Update

Industrial Weekly - The Nitro Boost (9/9/19)

Larson’s Fresh Off the Farm Weekly

Hurricane Dorian Special Update: RMS CC Takeaways

McGrath’s Resi Wrap-Up: A Builders and Products Weekly Preview

Conference Angst: Trust Banks Most at Risk on NIM, But Sentiment Seems Already There

BCO’s Interest In G4S Cash Isn’t New News

CONFERENCE CALL IN 90 MIN w/ RMS on Hurricane Dorian/Catastrophe Modeling

August Sales Steady M/M, Continue To Evidence Challenging Conditions

Deep Dive: How Long Does a PSR Hangover Last?

Mid-Quarter Estimate Revisions Leave Stories Intact; Trimming JBLU Valuation

4Q19 Supply Tightens Amid Steady Demand; Dorian a 3Q19 Spoiler Alert

FX and Sluggish Macro Drive Earnings Trim

Management Meetings & Warehouse Tour

3Q19 - Order Momentum Continues

Thoughts after Management Meeting

CVGW; Managing Well Through Volatility

August Capital Markets Monitor: Trading Volumes Up, But IB Slow; Guidance Next Week?

McGrath’s Resi Wrap-Up: A Builders and Products Weekly Preview

HRL; Navigating Through a Difficult Environment

DG: In the Sweet Spot

Reiterate BUY after Traveling with HRI

Thesis Unchanged Following Analyst/Investor Mtg. Despite Recent Outperf.

BA Remains a Tactical Buy - An Update