News on Stocks in Our Portfolios
General Mills EPS
in-line, beats on revenues
·
General Mills
(GIS):
FQ1 EPS of $0.70 in-line.
Economics
This Week’s Data
The
International Council of Shopping Centers reported weekly sales of major
retailers fell 1.6% versus the prior week but rose 3.2% versus the comparable
period a year ago; Redbook Research reported month to date retail chain store
sales increased 3.4% on a year over year basis.
The
August consumer price index was up 0.1%, in line with expectations; ex food and
energy, it was up 0.1% versus estimates of +0.2%.
September
homebuilder confidence came in at 58.0 versus forecasts of 59.0
Weekly mortgage
applications rose 11.2% while purchase applications were up 3.0%,
August housing starts
were up 1% versus expectations of a 2% increase.
Other
‘Too
big to fail’ alive and well and living in America
(medium):
More
bad news for our ‘fortress bank’ (short):
Update
on the big four economic indicators (medium):
Politics
Domestic
Another ‘green’
auto battery company goes toes up (medium):
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