InPlay: Target beats by $0.06, revs in-line (Briefing.com)

8:59AM S&P futures vs fair value: -9.8. Nasdaq futures vs fair value: -10.0. : Futures continue to suggest a lower start to the trading day, with the higher-than-expected inflation reading weighing on investor sentiment. 8:42AM Iteris Holdings selected by LACMTA for transit signal priority systems contract valued at just under $8.0 million 2.16 : 8:34AM S&P futures vs fair value: -9.2. Nasdaq futures vs fair value: -11.5. : Futures extend their losses as two economic reports hit the wires, with one showing higher-than-expected inflation. The Producer Price Index (PPI) rose 1.2% in July (consensus +0.6%) and the core PPI, which excludes food and energy, rose 0.7% (consensus +0.2%). Separately, building permits fell 17.6% to 937,000 (consensus 970,000) and housing starts fell 11.0% to 965,000 (consensus 960,000). In earnings... [read full story]