Tuesday, October 1, 2013

Morning Journal--Turmoil in Italy

  News on Stocks in Our Portfolios

Walgreens EPS of $0.73 in-line
o                                                        Walgreens (WAG): FQ4 EPS of $0.73 in-line.
o                                                        Revenue of $17.94B (+5.1% Y/Y) misses by $0.01B.
o                                                        Front-End comparable store sales +1.6%.

|7:32 AM
Paychex beats by $0.01, beats on revenue
·                                 Paychex (PAYX): FQ1 EPS of $0.44 beats by $0.01.
·                                 Revenue of $607.9M (+5% Y/Y) beats by $2.34M. Shares -0.96% 

|4:04 PM|


Economics

   This Week’s Data

            The September Chicago PMI came in at 55.7 versus expectations of 54.4.

            The September Dallas Fed manufacturing index was reported at 12.8 versus estimates of 6.0.

   Other

            Over night, the September EU PMI edged up slightly while unemployment remained high at 12%.

Politics

  Domestic

Café Hayek on Obamacare (medium):

  International

            Italy in turmoil (short):


No comments:

Post a Comment