News on Stocks in Our Portfolios
·
Sonoco Products (SON):
Q4 EPS of $0.58 in-line.
·
Revenue of $1.22B (+3.4%
Y/Y) beats by $0.01B.
o PepsiCo Inc. (PEP):
Q4 EPS of $1.05 beats by $0.04.
o Revenue of $20.12B (+0.9% Y/Y) misses by $40M.
Economics
This Week’s Data
The
January budget deficit was $10.4 billion versus estimates of $30.8 billion.
Weekly
jobless claims rose 8,000 versus expectations of a 1,000 decline.
January
retail sales were off 0.4% versus forecasts of down 0.1%; ex autos and gas, the
number was down 0.2% versus consensus of +0.2%.
Other
Politics
Domestic
Paul Ryan on amnesty
(short):
International
More
on the German high court’ ruling of the ECB’s QE policy (medium):
Iran
and the war against the West (long):
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