Archive

Archive for December, 2013

Market Wrap

December 31st, 2013 No comments

S&P500 +0.40%

Chicago PMI 59.1 vs. 61.3 est./63 prior. Employment 51.6/60.9 prior. New orders 60.7/68.8 prior

Consumer confidence 78.1 vs. 76.8 est.

Categories: News

Market Wrap

December 30th, 2013 No comments

S&P500 –0.02%

Categories: News

Market Wrap

December 27th, 2013 No comments

S&P500 -0.03%

Categories: News

Market Wrap

December 26th, 2013 No comments

S&P500 +0.47%

Categories: News

Market Wrap

December 24th, 2013 No comments

S&P500 +0.29%

Durable goods ex-transportation 1.2% vs. 0.8% est./prior -0.1% revised to 0.7%

New home sales 464K vs. 450K est./prior 354K revised to 474K

Richmond Fed 13 vs. 10 est./13 prior

Categories: News

Market Wrap

December 23rd, 2013 No comments

S&P500 +0.53%

Consumer sentiment 82.5 vs. 83.5 est./82.5 prior

Core PCE price index 1.1% y/y/1.1% prior

Categories: News

Market Wrap

December 20th, 2013 No comments

S&P500 +0.48%

U.S. Q3 GDP 4.1% vs. 3.6% est./3.6% prior

$ORCL buys $MKTG for $27/share

$BBRY "GAAP loss..continuing operations for qter was $4.4 billion" "Adjusted loss from continuing operations for 3rd qter was $354 million"

Categories: News

Market Wrap

December 19th, 2013 No comments

S&P500 –0.06%

Philly Fed index 7 vs. 10 est./6.5 prior. New orders 15.4/11.4. Employment 2.2/1.2

Jobless claims 379K vs. 337K est./368K

Existing home sales 4.9M vs. 5.02M est./5.12M

$RHT billings $453M vs. $420M est

$ACN new bookings $8.7B vs. $7.66B street estimate

$FB 70M shares secondary. 43M from insiders (41.3M Zuckerberg) and 27M from the company, sold primarily to SP500 index funds

Categories: News

Market Wrap

December 18th, 2013 No comments

S&P500 +1.66%

Fed tapered by $10B

“The Committee now anticipates, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate well past the time that the unemployment rate declines below 6-1/2 percent, especially if projected inflation continues to run below the Committee’s 2 percent longer-run goal.”

ORCL call: guidance +2-6% y/y sales vs. 4% y/y est. 68-72c EPS vs. 70c est. License +1-11% y/y vs. 5.1% y/y est. Guidance basically in-line

DB on $F "initial 2014 guidance..Pretax Profit of $7-$8bn, vs our forecast of $9.8bn..we believe is about $600MM below the Street"

Categories: News

Market Wrap

December 17th, 2013 No comments

S&P500 –0.31%

Categories: News