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October 31, 2014
End of Day Report
May 20 2013 | 4:51 PM

U.S. equity indexes finished slightly lower after fluctuating between gains and losses during today’s quiet trading session.  In focus were several M&A announcements which may have provided some support for stocks.  Consumer Staples and Telecom topped declines, while Energy and Industrials led advancers. 


We saw a rally in the commodity complex as Crude, Silver and Gold reversed early losses as Moody’s said the U.S. may face a downgrade in 2013 if a federal budget deal isn’t reached.   


Markets may be quiet as we look ahead to the Fed Minutes and Bernanke’s testimony this Wednesday, to see what, if any, new information or nuance will be provided regarding the tapering of bond purchases.


Market Indices/Statistics:



  • Dow closed down 19.12 pts/-0.12% to 15,335.28; 18 of the 30 Dow stocks closed lower.

  • S&P closed down 1.18 pts/-0.07% to 1,...
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Market Watch & Corporate Actions Specialist, Global Corporate Client Group
The Bell
May 20 2013 | 4:49 PM

On Monday, May 20th, BlackRock, Inc. (NYSE: BLK), will visit the New York Stock Exchange (NYSE) to celebrate innovation within iShares’ recent product launches.  In the past month iShares has launched a range of innovative products based upon close collaboration with clients to help them solve investment challenges.

iShares recently launched the following ETFs:
 
iShares Enhanced ETFs: 
• iShares Enhanced US Large Cap ETF (NYSEArca: IELG) 
• iShares Enhanced US Small-Cap ETF (NYSEArca: IESM) 
 
iShares MSCI Factor ETFs: 
• iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM) 
• iShares MSCI USA Size Factor ETF (NYSEArca: SIZE) 
• iShares MSCI USA Value Factor ETF (NYSEArca: VLUE) 
...
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The Bell
May 20 2013 | 10:33 AM

Executives and guests of Nashville, Tenn.-based Healthcare Realty Trust, Inc. will visit the New York Stock Exchange (NYSE) to mark the company’s 20th anniversary of trading on the NYSE. The common stock of Healthcare Realty Trust, Inc. began trading on the NYSE on May 27, 1993.

To mark the occasion, Chairman of the Board and Chief Executive Officer David R. Emery will ring the NYSE Opening Bell.
 
Healthcare Realty Trust Inc. (NYSE: HR)
As of March 31, 2013, Healthcare Realty has investments of approximately $3.0 billion in 205 real estate properties and mortgages. The Company’s real estate properties are located in 28 states, totaling approximately 13.5 million square feet. The Company provides property management services to approximately 10.1 million square feet nationwide. (Source:  Healthcare...
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NYSE MAC Desk
May 20 2013 | 9:50 AM

From The Trading Floor: Equities opened in negative territory this morning after the 4th consecutive week of gains as discussion surrounded the Fed’s potential for tapering the quantitative easing sooner than expected



  • Chicago Fed National Activity Index fell -0.53 for April

  • Investors will be looking ahead to Federal Reserve Chairman Ben Bernanke's testimony to Congress and the release of the minutes of the Fed's last policy setting meeting, both on Wednesday

  • Campbell Soup reports Q3 adjusted EPS 62c, consensus 56c. Reports Q3 revenue $2.09B, consensus $2.04B.

  • Yahoo’s company's board approved a $1.1 billion cash deal to buy blogging site Tumblr

  • Actavis (ACT) confirmed it will buy Warner Chilcott (WCRX) for $8.5B in a stock for stock transaction

  • The Japanese economy is slowly improving, the government said Monday, pointing to evidence that exports and factory output are...
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Posted by: Charles Brown
Managing Director, The Capital Markets Desk
Ahead of the Bell
May 20 2013 | 8:26 AM

Ahead of the Bell: Dow futures are trading down 2 points and S&P futures are trading down 2 points.  Global shares were buoyed by improving consumer sentiment from the US and prospects of more stimulus from the Bank of Japan. There is increased speculation the Federal Reserve will exit its ultra-easy monetary policy. The dollar gave up some ground against the Japanese yen while European stocks retreated from earlier gains, weighed down by the materials sector. The US deficit appears to be shrinking after the Congressional Budget Office reported it is slashing its forecast for 2013; however, this means there is less pressure on lawmakers to reform the tax system.



  • On the economic calendar today, no major reports are due.  The dollar is down against the major currencies.  Gold is trading at $1,352. Crude oil is currently trading at $95 a barrel. 

  • Last week stocks hit fresh new...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions