Derniers articles
septembre 18, 2014
NYSE MAC Desk
sept 18 2014 | 10:18 AM

From The Trading Floor: Stocks are trading in the green for a third day in a row as investors speculate that the Fed will keep interest rates low and economic data showed that fewer Americans filed for jobless claims

  • The number of Americans filing for unemployment benefits plunged last week to 280,000 for the period ending September 13th, a 2 month low signaling that the labor market continues to strengthen

  • Housing Starts for August fell to 956,000 indicating an uneven pick up in the residential real estate market

  • Building Permits for the month of August also fell to 998,000

  • Consumer Comfort for the period ending 9/14 came in better than expected at 37.2

  • A measure tracking the economic outlook dropped to 41.5 this month, the weakest since October from 45 in August

  • The Philadelphia Fed Business Outlook for September decreased to 22.5 from 28.0 the previous period

  • ...
Lire la suite
Posté par: Charles Brown
Managing Director, The Capital Markets Desk
NYSE MAC Desk
sept 17 2014 | 10:22 AM

From The Trading Floor: Equities are rising this morning as a drop in the consumer price index renewed speculation that the Fed  would keep interest rates lower longer

  • The cost of living  as measured by CPI unexpectedly dropped -0.2% in August. It was the first decline in total CPI since April 2013 and it was driven by a 2.6% decline in the energy index. Meanwhile, it was the first time since October 2010 that the core price index did not increase. Shelter costs were up 0.2% in August, yet price indexes for used cars and trucks, apparel, airline fares, and household furnishings all declined. 

  • Home builder confidence rose to 59 for September which is a 9 year high

  • FOMC rate decision is at 2:00 pm

  • FedEx reports Q1 EPS $2.10, consensus $1.96. Reports Q1 revenue $11.7B, consensus $11.48B.

  • According to new figures from the Census Bureau, inflation-adjusted income for the median U...

Lire la suite
Posté par: Charles Brown
Managing Director, The Capital Markets Desk
NYSE MAC Desk
sept 12 2014 | 10:09 AM

From The Trading Floor: Equities are pulling back a bit today on continued speculation that the Fed will rates sooner than later after retail sales indicated the economy continues to improve and Consumer Sentiment continued to rise

  • Sales at retailers climbed in August by 0.6%, the fastest pace in 4 months continuing to boost prospects for economic growth this quarter. Sales, excluding autos, increased 0.3%, also as expected, and were revised higher to show a similar 0.3% increase in July after an originally reported 0.1% gain.

  • Import Price Index during August fell by -0.9% as a sharp decline in petroleum products trumped rising food prices.

  • Alliance Data has agreed to buy Conversant in a cash and stock deal valued at about $2.3B.

  • The University of Michigan Consumer Sentiment came in at 84.6 for September, better than expected

  • Business Inventories for the month of July came in as expected at 0.4...

Lire la suite
Posté par: Charles Brown
Managing Director, The Capital Markets Desk
NYSE MAC Desk
sept 11 2014 | 10:02 AM

From The Trading Floor: Cautious reaction to the Presidents announced action against the Islamic militants ISIS in combination with oil’s continued slide has equities trading in negative territory this morning after yesterday rise.

  • The number of American’s filing for unemployment benefits unexpectedly rose last week by 11,000, a two month high which interrupted the steady consecutive decreases the previous periods.

  • JDS Uniphase will split into two separate publicly traded entities to focus on different technology areas. One will be an optical components and commercial lasers company, while the other will be a network and service enablement company.

  • Consumer Comfort in the US. fell to 36.5, a 5 week low as American’s view on the economy and the buying climate soured

  • The monthly budget summary is at 2:00 pm today

  • President Barack Obama has authorized U.S. airstrikes in Syria and has asked...

Lire la suite
Posté par: Charles Brown
Managing Director, The Capital Markets Desk
NYSE MAC Desk
sept 10 2014 | 10:07 AM

From The Trading Floor: Equities are little changed this morning as investors continue to weigh the timing of an interest rate increase after the S&P 500 slid the most in a month

  • Mortgage applications for the week ending September 5th fell -7.2%

  • Dollar General  is now preparing to take its $9.1B offer directly to shareholders. Family Dollar rejected Dollar General's bids citing antitrust risks, and wants Dollar General to assume the entire risk of the deal, such as carrying out any divestiture that antitrust regulators ask for.

  • Microsoft is in advanced talks to buy Mojang AB, the maker of popular world-building game Minecraft. The deal would be valued at more than $2B, and could be completed as early as this week

  • Wholesale Inventories for the month of July rise by 0.1% worse than expected

  • Wholesale Sales for the month of July rose 0.7%, better than expected.

  • ...
Lire la suite
Posté par: Charles Brown
Managing Director, The Capital Markets Desk