Democratic Gov. Andy Beshear Re-Elected in Kentucky, and Democrats Have Big Night in Virginia

Democratic Gov. Andy Beshear won re-election in Kentucky, beating back a strong challenge from his Republican opponent in a deeply conservative state-despite efforts by the GOP to yoke him to President Biden's sagging approval ratings.

Meanwhile in Virginia, the Democratic Party's abortion-rights message fueled victories that gave it full control of the legislature in Richmond. Together with Beshear's victory, which showed Democrats can find strength in Trump country, the results gave the country an early read on the electorate's mood heading into the 2024 presidential campaign.


Ohio Voters Enshrine Abortion Access in State Constitution

Ohio voters decided Tuesday to put abortion rights in the Midwestern state's constitution, one of several states where the issue resonated with voters and showed its potential to help Democrats next year.

The Ohio vote was another key test of where voters stand on one of the most consequential issues heading into next year's presidential election. The abortion debate also played into Tuesday victories for Democrats, who held their majority in the Virginia Senate and wrestled the majority from Republicans in the state's House of Delegates. Also, Democrat Andy Beshear won another term as governor of Kentucky, where he criticized abortion restrictions passed by the legislature.


Abortion Rights Supporters Rack Up Victories, Putting GOP in Bind for 2024

They were disparate elections in different states-for governor, state Senate, a supreme court seat and on a constitutional amendment. But the results of off-year races on Tuesday pointed in one direction: Voters will come to the polls to defend abortion rights.

In the Republican strongholds of Ohio and Kentucky, as well as politically purple Virginia and Pennsylvania, abortion-rights supporters spent millions of dollars to tell voters that GOP lawmakers couldn't be trusted to set state abortion policy after the Supreme Court last year eliminated a right to the procedure under the U.S. Constitution.


Write to ina.kreutz@wsj.com

TODAY IN CANADA

Earnings:

ADENTRA 3Q

AirBoss of America 3Q

Alaris 3Q

Altius Minerals 3Q

Aris Mining 3Q

ATS 2Q

B2Gold 3Q

Boat Rocker Media 3Q

Calfrac Well 3Q

CareRx 3Q

CCL Indus 3Q

CGI 4Q

Chorus Aviation 3Q

Copperleaf Tech 3Q

Cronos Grp 3Q

Denison Mines 3Q

dentalcorp 3Q

ECN Capital 3Q

Enerflex 3Q

Fiera Capital 3Q

Fortuna Silver Mines 3Q

Franco-Nevada 3Q

Great-West Lifeco 3Q

Hudbay Minerals 3Q

Hydro One Limited 3Q

Innergex Renewbl En. 3Q

InPlay Oil 3Q

Keyera 3Q

Kinross Gold 3Q

https://urldefense.com/v3/__http://kneat.com__;!!F0Stn7g!EXVTrs3pify-yfCY-l_r16Ktk9LInrxdQ6AnAgaWFGHYyfc-3N4RBujBDya5NFXf7PAkXWmdR_CUBGEdENa2rwnRBtiFmvOdymqoOugUiE8$ 3Q

KP Tissue 3Q

Largo 3Q

LifeSpeak 3Q

Linamar 3Q

Lundin Gold 3Q

Manulife Fincl 3Q

MARTINREA 3Q

MDA 3Q

mdf commerce 2Q

Medexus Pharma 2Q

NFI Grp 3Q

Nuvei 3Q

Osisko Gold Royalties 3Q

Osisko Mining 3Q

Payfare 3Q

Russel Metals 3Q

Sangoma Tech 1Q

SilverCrest Metals 3Q

Stelco Hldgs 3Q

Suncor Energy 3Q

SunOpta 3Q

TC Energy 3Q

VerticalScope 3Q

Victoria Gold 4Q

Wesdome Gld Mnes 3Q

WSP Global 3Q

Economic Calendar (ET):

0830 Sep Building permits

1330 Bank of Canada summary of monetary policy deliberations

Stocks to Watch:

5N Plus 3Q Rev $62.9M; 3Q EPS 2c; On Track to Achieve Adjusted EBITDA1 Guidance

---

Calibre Mining 3Q Net $23.4M

---

Imperial Metals 3Q Loss/Shr C$0.02; 3Q Rev C$78.5M

---

ISC 3Q Rev C$54.6M; 3Q EPS C$0.23

---

Journey Energy 3Q EPS C$0.11; 3Q Rev C$57.3M

---

Mdf Commerce 2Q Rev C$30.7M; 2Q Loss/Shr C$0.02

---

Parex Resources 3Q EPS $1.13

---

Spartan Delta 3Q EPS C$0.05; 3Q Sales C$81.9M

---

Stingray Group 2Q Rev C$82.5M; 2Q Adj EPS $0.21

---

Superior Plus 3Q Rev C$531.0M; 3Q Loss/Shr C$0.46

---

Vecima Networks Declares Dividend of C$0.055

---

Western Forest Products 3Q Loss/Shr C$0.05; 3Q Rev C$231.1M

---

Wildbrain Appoints Nick Gawne as CFO and Realignes Executive Team to Drive Strategic Focus on Content Creation, Audience Engagement and Global Licensing; Focused Strategy Designed to Optimize Existing 360deg IP Management Expertise; Realigned Senior Management Team and Business Under Core Capabilities of Content Creation, Audience Engagement and Global Licensing; Deirdre Brennan, Oper Chief, Has Departed WildBrain to Pursue Other Opportunities

---

Wilmington Capital Management 3Q EPS C$0.19


Expected Major Events for Wednesday

00:01/UK: Oct KPMG and REC UK Report on Jobs

05:00/JPN: Sep Indexes of Business Conditions - Preliminary Release

07:00/GER: Oct CPI

07:45/FRA: Sep Foreign trade

07:45/FRA: Sep Balance of payments

09:00/ITA: Sep Retail Sales

12:00/US: 11/3 MBA Weekly Mortgage Applications Survey

13:30/CAN: Sep Building permits

15:00/US: Sep Monthly Wholesale Trade

23:50/JPN: Oct Bank Lending

23:50/JPN: Sep Balance of Payments

23:50/JPN: Oct International Transactions in Securities

All times in GMT. Powered by Kantar Media and Dow Jones.


Expected Earnings for Wednesday

AYRO Inc (AYRO) is expected to report for 3Q.

Akebia Therapeutics Inc (AKBA) is expected to report $-0.09 for 3Q.

Amicus Therapeutics Inc (FOLD) is expected to report $-0.08 for 3Q.

AvidXchange Holdings Inc (AVDX) is expected to report for 3Q.

B. Riley Financial Inc (RILY) is expected to report for 3Q.

BigCommerce Holdings Inc (BIGC) is expected to report for 3Q.

Biogen Inc (BIIB) is expected to report $3.46 for 3Q.

Calfrac Well Services is expected to report for 3Q.

Charles River Laboratories International Inc (CRL) is expected to report $1.70 for 3Q.

Crestwood Equity Partners LP (CEQP) is expected to report $0.29 for 3Q.

Cronos Group Inc (CRON,CRON.T) is expected to report $-0.02 for 3Q.

Douglas Elliman Inc (DOUG) is expected to report for 3Q.

Ducommun Inc (DCO) is expected to report $0.36 for 3Q.

European Wax Center Inc (EWCZ) is expected to report for 3Q.

Fisker Inc (FSR) is expected to report for 3Q.

Franco-Nevada Corp (FNV,FNV.T) is expected to report $0.91 for 3Q.

Gray Television (GTN,GTNA) is expected to report $-0.31 for 3Q.

Great Elm Group Inc (GEG) is expected to report for 1Q.

Hillman Solutions Corp (HLMN) is expected to report for 3Q.

Installed Building Products Inc (IBP) is expected to report $1.96 for 3Q.

Kellanova (K) is expected to report $0.88 for 3Q.

LL Flooring Holdings Inc (LL) is expected to report $-0.57 for 3Q.

Nexstar Media Group Inc (NXST) is expected to report $0.77 for 3Q.

Nuvei is expected to report for 3Q.

ODP Corp (ODP) is expected to report for 3Q.

Patterson-UTI Energy Inc (PTEN) is expected to report $0.32 for 3Q.

Pieris Pharmaceuticals Inc (PIRS) is expected to report $-0.21 for 3Q.

Plumas Bancorp (PLBC) is expected to report $1.23 for 3Q.

Shift4 Payments Inc (FOUR) is expected to report for 3Q.

Steve Madden (SHOO) is expected to report $0.78 for 3Q.

Tellurian Inc (TELL) is expected to report $-0.11 for 3Q.

The New York Times Company (NYT) is expected to report $0.30 for 3Q.

Theseus Pharmaceuticals Inc (THRX) is expected to report for 3Q.

Turning Point Brands Inc (TPB) is expected to report $0.53 for 3Q.

UFP Technologies Inc (UFPT) is expected to report $1.15 for 3Q.

UWM Holdings Corp (UWMC) is expected to report for 3Q.

Under Armour Inc - Class A (UA,UAA) is expected to report $0.21 for 2Q.

Vishay Intertechnology (VSH) is expected to report $0.56 for 3Q.

Warner Bros Discovery Inc (WBD) is expected to report for 3Q.

WideOpenWest Inc (WOW) is expected to report $0.01 for 3Q.

Powered by Kantar Media and Dow Jones.


ANALYST RATINGS ACTIONS

Adtran Cut to Neutral From Buy by Rosenblatt

Ameresco Cut to Market Perform From Outperform by William Blair

Ameresco Cut to Perform From Outperform by Oppenheimer

Appian Raised to Buy From Neutral by DA Davidson

Bluegreen Vacations Cut to Neutral From Buy by B. Riley Securities

Codexis Cut to Hold From Buy by Benchmark

DigitalOcean Raised to Buy From Sell by Goldman Sachs

Eversource Energy Cut to In-Line From Outperform by Evercore ISI Group

Hess Corp Raised to Buy From Hold by Argus Research

HP Raised to Buy From Hold by Edward Jones

Kennedy-Wilson Holdings Cut to Underperform From Neutral by B of A Securities

Macrogenics Raised to Buy From Neutral by Guggenheim

Mirati Therapeutics Cut to Hold From Buy by Stifel

Mirati Therapeutics Cut to Market Perform From Outperform by Leerink Partners

NorthWestern Cut to Neutral From Buy by Ladenburg Thalmann

Olo Cut to Market Perform From Outperform by William Blair

RE/MAX Holdings Cut to Underweight From Equal-Weight by Morgan Stanley

Sangamo Therapeutics Cut to Hold From Buy by Truist Securities

Sonos Cut to Neutral From Buy by B of A Securities

Spirit Realty Capital Raised to Neutral From Underperform by Exane BNP Paribas

UDR Inc Cut to Equal-Weight From Overweight by Wells Fargo

Uniti Group Cut to Underperform From Neutral by B of A Securities

Ventas Raised to Outperform From Neutral by Wedbush

Ventyx Biosciences Cut to Equal-Weight From Overweight by Morgan Stanley

Ventyx Biosciences Cut to Hold From Buy by Stifel

Ventyx Biosciences Cut to Neutral From Buy by HC Wainwright & Co.

This article is a text version of a Wall Street Journal newsletter published earlier today.


(END) Dow Jones Newswires

11-08-23 0626ET