The economic release schedule for the week of February 4th is as follows:
Monday: Factory Orders
Tuesday: ICSC-Goldman Store Sales and ISM Non-Mfg Index
Wednesday: MBA Purchase Applications and Treasury STRIPS
Thursday: Chain Store Sales, Weekly Jobless Claims, Productivity and Costs, Consumer Credit, Fed Balance Sheet
Friday: International Trade and Whole Trade
I spoke with Gordon Charlop Ph.D., Managing Director, Rosenblatt Securities, and frequent CNBC commentator, about what he will be watching. This week Charlop will focus on the overall market, 4th quarter earnings, weekly jobless claims, retail data.
With the equity markets at a 5 year high, Charlop is expecting a brief pull back for some profit taking. However, he said the factors are setting up for a rally. Issuer sentiment is strong after a wave of companies have bought back their shares and beat estimates...
World Cancer Research Fund NL sounds the gong on World Cancer Day 2013 to raise awareness for the prevention of cancer. The theme of World Cancer Day 2013 is ‘Cancer myths, get the facts’.
World Cancer Research Fund NL focuses on cancer prevention through healthy diets, physical activity and body weight. Scientific evidence shows that about a third of the most common cancers could be prevented in this way. The charity stimulates and funds research into cancer prevention, and raises awareness for the healthy choices people can make to lower the risk of cancer. World Cancer Research Fund NL is a member of the World Cancer Research Fund (WCRF) global network, a network of cancer charities dedicated to the prevention of cancer through healthy diets, physical activity and body weight. Treasurer Coen van den Heuvel sounds the gong.
Stocks began the month of February with a bang after the DJIA surged close to 150 points and above the 14,000 mark for the first time since October 2007 on better than expected employment data . Comments from Federal Reserve President, William Dudley also impacted the market as he noted that “Things aren’t perfect. But things are definitely improving, and that will actually be helpful for the U.S. outlook.”
In economic news, non-farm payrolls rose 157,000 following a revised 196,000 advance in the prior month and a 247,000 surge in November, Labor Department figures showed today in Washington. The revisions added a total of 127,000 jobs to the employment count in November and December. Employment grew but was unable to lower the jobless rate as the unemployment rate ticked higher from 7.8% to 7.9%.
Consumer sentiment has moved higher in the last two weeks, at 73.8 for the final January reading vs. 71.3 at mid-month.
On Friday, Feb. 1 Royal Dutch Shell plc (NYSE: RDS.A, RDS.B), led by CEO Peter Voser, will visit the New York Stock Exchange (NYSE). CEO Voser, accompanied by members of the company's leadership team, will ring the NYSE Closing Bell.
Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam and New York stock exchanges. Shell companies have operations in more than 80 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www...
The weatherman said the temperature was a "real feel" of zero degrees Friday when I left the subway for my walk up Wall Street to the NYSE. Turning onto Broad Street, I instantly smiled as the NYSE facade appeared before me with the 60 foot wide Bright Horizons banner proudly displayed. Their logo, with the bright yellow shining sun was happily hanging to celebrate their IPO listing on the NYSE. (Go Behind the Scenes with my colleague Judy Shaw in her post)
The logo and name of Bright Horizons Family Solutions really fits the company well. BFAM (its ticker on the NYSE) is a leading provider of high-quality child care and early education services as well as other services designed to help employers and families better address the challenges of work and life....