Wednesday, February 27, 2013

Morning Journal--Wealth and immigration

News on Stocks in Our Portfolios courtesy of Seeking Alpha

Expeditors International (EXPD): Q4 EPS of $0.4 misses by $0.03. Revenue of $1.53B (+2% Y/Y) beats by $0.02B.

Ecolab (ECL): Q4 EPS of $0.89 in-line. Revenue of $3.0B misses by $0.04B.

HollyFrontier (HFC): Q4 EPS of $1.92 misses by $0.32. Revenue of $5.14B (+3.5% Y/Y) beats by $0.21B.
Home Depot (HD): Q4 EPS of $0.68 beats by $0.04. Revenue of $18.2B (+13.9% Y/Y) beats by $0.54B.

ONEOK Partners (OKS): Q4 EPS of $0.66 beats by $0.04.

Economics

   This Week’s Data

            The International Council of Shopping Centers reported weekly sales of major retailers up 0.1% versus the prior week and up 2.9% versus the comparable period a year ago; Redbook Research reported month to date retail chain store sales up 1.4% versus the similar time frame last month and up 1.7% on a year over year basis.

            The December Case Shiller home price index rose 0.9%% versus expectations of an increase of 0.8%.

            The February Conference Board’ index of consumer confidence came in at 69.6 versus estimates of 61.0

            January new home sales were up 16.5% versus an anticipated rise of 3.2%.

                A complete review of the housing market (medium):

            The February Richmond Fed’s manufacturing index was reported at +6 versus forecasts of -3.

            Weekly mortgage applications fell 3.8% while purchase applications dropped 5.0%
           
            January durable goods orders declined 5.2% versus expectations of a decrease of 4.0%; however, ex transportation, orders were up 1.9% versus estimates of up 0.2%.

   Other

Politics

  Domestic

Interesting---wealth versus immigration (short and a must read):

  International War Against Radical Islam

            Russia’s aim in Syria (medium):


No comments:

Post a Comment