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Governance & Proxy
Mar 4 2014 | 6:06 PM | Posted by:

Each year, investors file shareholder proposals with public companies to requesting that their proposals be included for a vote at the next annual meeting of shareholders. 

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Asia Pacific Markets
Jan 29 2014 | 5:24 PM | Posted by:

Even as an improving US economy sparked renewed interest in US stocks last year, trading in international equities listed on NYSE markets remained solid, approaching $3.1 trillion.

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The Latest Posts
April 17, 2014
Ahead of the Bell
Apr 17 2014 | 8:24 AM

Ahead of the Bell: Dow futures are trading down 13 points and S&P futures are trading down 2 points. The threat of a civil war in Ukraine and disappointing quarterly results from IBM and Google might unnerve investors already shaken by a strong recent selloff in tech stocks. Since early March, the tech-heavy sector has declined over 6%, underscoring the challenges internet and IT companies face as corporate results are due this week. IBM blamed lower than expected earnings on weak demand from emerging markets, while Google reported margins narrowed on declining advertising. Reports indicate pro-Russian forces attacked a Ukrainian national guard base overnight and Kiev said three separatists were killed. Fed Chair, Janet Yellen said achieving the central bank's economic goals "will likely require low real interest rates for some time."  


  • On the...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions
End of Day Report
Apr 16 2014 | 4:33 PM

US equities pressed higher for a third straight day, with the Dow rising 162 points on Wednesday as improved sentiment surrounding Q1 earnings helped boost the broader markets.  Also in focus was a slew of macro data out of China, mixed US economic data, and comments from Fed chair Yellen.  All major S&P 500 sectors rose, with Materials and Industrials topping gains.  Utilities and Healthcare somewhat lagged.  Gold and Oil are fractionally higher while the greenback is relatively unchanged. 


Similar to a speech earlier this month, Fed Chair Yellen highlighted the considerable slack in the labor market  and heightened concerns about inflation discussed in both the March FOMC statement and minutes. She noted that she sees the chances of inflation rising substantially above 2% as significantly below the chances of it persisting below 2%.  Overall takeaways seemed fairly dovish. 


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Specialist, Market Watch
Market Drivers
Apr 16 2014 | 2:46 PM

U.S. equity markets rebounded after a weak performance last week and appear to be holding support levels set back in November 2013. Some positive results from financial bellwethers and solid economic data have fueled the positive sentiment. Here are three things that have driven the market this week:   

Earnings Action

Quite a few high profile names announced results this week, particularly in the financial sector. Citigroup shares rallied on Monday after the bank reported better than expected quarterly results which topped estimates on both lines. On Tuesday, Charles Schwab also saw their shares trade higher after beating estimates on both EPS and revenues. Wednesday results painted a different picture, with both Bank of America and Credit Suisse shares trading lower after disappointing EPS misses. Next week we will expect results from a wide range of companies including Halliburton, Travelers, AT&T, and Juniper Networks.


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Posted by: Ronald Bohlert
Managing Director, Global Corporate Client Group
Apr 16 2014 | 10:05 AM

From The Trading Floor: This morning we are getting an early bounce in equities, not dissimilar to yesterday, on good earnings and economic reports

  • Mortgage Applications for the week ending April 11th rose by 4.3%

  • Housing Starts for the month of March rose to 946,000 from the revised 920,000 the month earlier but fell a little shy of consensus.

  • Industrial Production rose by 0.7%, more than forecast in March after a February gain that was twice as big as previously estimated.

  • The Fed releases the Beige Book results at 2:00

  • Moeils & Co. (MC) priced 6.5 million shares at $25. It opened at $27.00 on a print of 618,038 shares.

  • China's GDP growth slowed to its lowest level in 18 months in Q1, moderating to 7.4% on year from 7.7% in Q4 but topping forecasts for 7.3%. The figure is below the government's target of 7.5%

  • Ukrainian troops have entered the center of...
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Posted by: Charles Brown
Managing Director, The Capital Markets Desk
Ahead of the Bell
Apr 16 2014 | 8:47 AM

Ahead of the Bell: Dow futures are trading up 64 points and S&P futures are trading up 8 points. Global stock markets are up today after China reported better than expected economic growth, which comes as a surprise to investors who had feared a much weaker outcome. The world's second largest economy reported a 7.4% increase in the first quarter, versus expectations of 7.0%. China's retail sales data came in better than forecasted but industrial output was a shade lower than expectations. Bullish sentiment also spread across the globe following a late rally in US markets in the previous trading sessions, however gains could be capped as Ukraine appears to be on the brink of civil war.


  • On the...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions