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December 20, 2014
The Bell
Apr 10 2013 | 5:49 PM

Aberdeen, United Kingdom-based KNOT Offshore Partners LP, which focuses on owning, acquiring, and operating shuttle tankers, will visit the New York Stock Exchange (NYSE) on Wednesday, April 10 to celebrate the company’s completion of its initial public offering and first day of trading.  KNOT Offshore Partners began trading on the NYSE today under the ticker symbol “KNOP.”  



To highlight this momentous day, CEO/CFO Arild Vik, joined by members of KNOT Offshore Partners’ leadership team, will ring the NYSE Closing Bell®.



About KNOT Offshore Partners LP (Source: KNOT Offshore Partners)

KNOT Offshore Partners LP focuses on owning, acquiring, and operating shuttle tankers. It intends to transport crude oil through its vessels. KNOT Offshore Partners GP LLC operates as a general...

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End of Day Report
Apr 10 2013 | 4:56 PM

Stocks rallied and both the Dow and the S&P 500 moved into uncharted territory in intra-day trading after positive indications from the Federal Reserve about the U.S. economy and quantitative easing measures.  Investors also reacted to China’s news that imports surged 14.1% in March, compared to the expected number of 5.2%.


The Securities and Exchange Commission announced that Mary Jo White was sworn in as the Chair of the SEC.


Mortgage applications for home purchases dropped 1.0% last week, providing a counterbalance to a 1.0% increase in the prior week.   Refinance applications moved higher to 6.0% fueled by a drop in mortgage rates.


The FOMC minutes noted that the economy, including the labor market, was improving. A somewhat favorable view of U.S. Financial markets was given.  However, Europe still remains a concern for the economists.  The Fed also indicated that they would keep the quantitative easing...

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Market Watch & Corporate Actions Specialist, Global Corporate Client Group
The Bell
Apr 10 2013 | 10:41 AM

Executives and guests of Scottsdale, Ariz.-based Taylor Morrison, a leading builder and developer of single-family detached and attached homes, will visit the New York Stock Exchange (NYSE) to celebrate the company’s initial public offering.  Taylor Morrison will begin trading today on the NYSE under the ticker symbol “TMHC”.

In honor of the occasion, Sheryl Palmer, President and CEO of Taylor Morrison, joined by members of the company’s management team, will ring the NYSE Opening Bell.

 

About Taylor Morrison (NYSE: TMHC)

Headquartered in Scottsdale, Arizona, the Company operates in the U.S. under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand.  Taylor Morrison is a land developer and builder of single-family detached and attached homes serving a wide array...

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Ahead of the Bell
Apr 10 2013 | 7:49 AM

Ahead of the Bell: Dow futures are trading up 47 points and S&P futures are trading up 5 points on hopes for an improved outlook for demand after China reported strong import data.  China posted surprisingly higher trade deficit for March as demand for foreign imports soared.  In a rare piece of positive economic data from the euro zone, France reported industrial production increased in February compared with the month prior, although economists caution the data looking forward does show weakness in gross domestic product for 2013. 



  • On the economic calendar today, the minutes of the Federal Reserve’s last Open Market Committee meeting will be release in the afternoon.  Investors will look for clues on whether Fed officials are warming to the idea of scaling back the central bank's asset purchase program.   Several Federal Reserve members will be on the speaking circuit at various...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions
End of Day Report
Apr 9 2013 | 5:05 PM

Stocks jumped today, with the Dow Jones touching a fresh intra-day high as investors viewed mixed economic reports.  Investors also reacted to the cooling of China’s consumer inflation, hoping that the easing of monetary conditions will continue in the country.    


The NFIB small Business Optimism Index notes that confidence is down 1.3 points in March.  Small businesses indicate taxes and regulations are the main cause for the drop.


Same-stores sales were up 0.7% during the week of April 6th. However, the cold weather continues to be a factor in keeping demand down for spring apparel.


An unexpected increase in sales made inventories drop by -0.3%.  The decrease was centered on inventories of non-durable goods, drugs and farm products. 


Have a good Tuesday night!                    ...

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Market Watch & Corporate Actions Specialist, Global Corporate Client Group