Thursday, May 9, 2013

Morning Journal--Japan's inflation policy


 News on Stocks in Our Portfolios

Marathon Oil (MRO): Q1 EPS of $0.51 misses by $0.21. Revenue of $4.11B (+1.6% Y/Y) misses by $450M

C.H. Robinson (CHRW): Q1 EPS of $0.64 misses by $0.04. Revenue of $2.99B (+17.3% Y/Y) beats by $0.01B.
 
Economics

   This Week’s Data

            Weekly jobless claims fell 3,000 versus expectations of a 11,000 rise.

   Other

            Japan’s inflation policy (medium):

            ***over night (1) the Bank of Korea lowered rates, joining the global money easing insanity, (2) China reported mixed inflation numbers and (3) Greece reported another increase in unemployment.

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