Ken flagg's Blog Posts Tagged 'SMF' (2,380)

June E-mini S&Ps are mildly higher by +0.13% on a +0.77% rally in European stocks and mostly higher Asian stock market closes today.  European stocks are being supported today by a successful Spanish bond auction and by optimism that Eurozone leaders will reduce their Germany-led focus on austerity.  Japanese stocks today closed +1.16%, Hong Kong closed +0.28%, and China closed +0.27%.  Commodity prices are slightly lower by -0.07% on average.  April crude…

P Pandora Media beats by $0.01, beats on revs; guides Q1 EPS in-line, revs above consensus; guides FY14 EPS in-line, revs above consensus (11.73 +0.06)

Reports Q4 (Jan) loss of $0.04 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of ($0.05); revenues rose 53.9% year/year to $125.1 mln vs the $122.68 mln consensus.

· Co issues…

Factory orders declined 2.0% in January after increasing a downward revised 1.3% (from 1.8%) in December. The New Is the consensus expected factory orders to fall 2.2%. As the advance durable goods report already showed, the decline in orders was a result of weaker demand for aircraft. Aircraft orders fell 45.7% in January. That caused durable goods orders to fall 4.9% in January, which was slightly better than the 5.2%…

Apple Officially Loses iPhone Trademark in Brazil

http://www.benzinga.com/news/13/02/3335211/apple-officially-loses-iphone-trademark-in-brazil

Reports Q4 (Dec) GAAP earnings of $1.28 per share, in-line with the Capital IQ Consensus Estimate consensus of $1.28; revenues rose 41.6% year/year to $1.02 bln vs the $1 bln consensus. Online marketing revenues for the fourth quarter of 2012 were RMB6.288 bln ($1.009 bln), representing a 40.8% increase from the corresponding period in 2011. Baidu had about 406,000 active online marketing customers in Q4, representing a 30.5% increase from the corresponding…

The ISM Manufacturing Index strengthened in January, increasing from 50.2 in December to 53.1. The consensus expected the index to increase to 50.5. The gain reported by the national ISM Index was in direct contrast to reports from the regional Fed manufacturing surveys. Most of those surveys showed a marked contraction in January. The production index increased to 53.6 in January from 52.6 in December as new orders (53.3 from 49.7) rebounded from a one-month…

Overnight Developments

March E-mini S&Ps this morning are trading slightly lower by -0.07% as the market looks ahead to today's House vote on a 4-month debt limit suspension and today's U.S. home price report. European stocks are trading slightly lower by -0.14%. Asian stocks closed mixed today with Japan down -2.08%, Hong Kong down -0.10%, and…

Overnight Developments

March E-mini S&Ps this morning are unchanged as the market awaits developments on the debt ceiling, today's Richmond Fed and existing home sales reports, and this week's heavy earnings schedule. European stocks this morning are slightly lower by -0.11%. Asian stocks today closed mixed with Japan down -0.35%, Hong Kong up +0.29%, and China down -0.54%. Commodity…

http://www.bnn.ca/News/2013/1/22/Bank-of-Japan-doubles-inflation-target.aspx

Overnight Developments

March E-mini S&Ps this morning are little changed. Last night's positive Chinese GDP report of +7.9% was offset by negative news from several high-profile companies. Intel is down about 5% in European trading this morning after reporting another quarter of declining sales. AT&T is down 1.5% after reporting a $10 billion pension charge and saying that smartphone subsidies hurt…

Overnight Developments

Dec E-mini S&Ps this morning are up +0.28% on a sharp rally in Chinese stocks and mildly higher European stocks (+0.15%). Chinese stocks rallied +3.58% today and Hong Kong stocks rallied +2.16% on policy support measures from the Chinese government. Japanese stocks today closed +0.39% and all other major Asian stock markets closed higher today as well. Commodity prices this morning…

Overnight Developments

Dec E-mini S&Ps this morning are up +0.59% on higher global stocks and today's better than expected Eurozone confidence data. The Euro Stoxx 50 index this morning is up +0.94%. Asian stocks closed higher nearly across the board except for China, which closed -0.63%. Japanese and Hong Kong stocks both closed +0.99%. Commodity prices are up +0.41% this morning. Jan crude oil is up +1.26%, Jan…

Overnight Developments

Dec E-mini S&Ps this morning are trading moderately lower by -0.39% ahead of today's Eurozone finance ministers meeting on Greece and the beginning of fiscal cliff negotiations this week. The Euro Stoxx 50 index this morning is down -0.51%. Asian stocks today closed mixed with Japan up +0.24%, Hong Kong down -0.24%, and China down -0.78%. Commodity prices are down by an average…

Overnight Developments

Dec E-mini S&Ps this morning are mildly higher by +0.15%. European stocks are down -0.27% while Asian stocks are trading lower across the board except for Japan, which is up +1.90%. Commodity prices are slightly lower by -0.15% with Dec crude oil up +0.06%, Dec gasoline +0.57%, Dec gold down -0.53%, Dec copper up +0.19%, and agriculture prices trading mostly lower. The dollar index is…

highs: ADT, AGM, AGX, AOS, BAP, CITZ, CRAY, CSU, CTB, CVCY, CXS, FBC, GILD, GPX, HTA, IMH, LPX, MKL, MYL, NC, NTK, PCP, PDFS, PERI, PIKE, POST, SAR, SIG, SLF, SSS, SXE, TGD, TIE, TSM, TVL, UNAM, WBK, WRLS

Stocks making 52 week lows: ACUR, AEE, AES, AMSC, ART, ASYS, ATNY, BCOV, BEBE, BGCP, BGMD, BIG, BNVI, BPT, BTX, BUSE, BYD, CAMT, CECO, CERE, CERP, CHOP, CHYR, CPIX, CPSL, CRT, CSFS, CTCT, CVV, CWEI, DD, DDE, DOM,…

European markets have been rising since the open. Earnings from major companies have been regarded as favorable with the likes of UBS, Deutsche Bank, and BP all reporting upbeat results. Spain's Flash GDP reading indicated the economy contracted by 0.3% during the third quarter. This was slightly better-than-feared as expectations called for a decrease of 0.4%. Meanwhile, the Bank of Spain confirmed that the "bad bank" will have a maximum size of EUR90 billion…

As of 9:15 ET, futures trading has stopped. The S&P 500 futures ended higher by 0.3%, Dow futures added 0.1%, and Nasdaq futures shed 0.1%.

While equity futures and equity markets are closed today, all other CME Group products, including NYMEX and COMEX, will settle at their normal times.

Reports suggest that there was no damage to the NYSE (NYX 24.84, 0.00)…