News on Stocks in Our Portfolios
o
Revenue of $666.8M (+8.8% Y/Y) beats
by $4.18M.
Economics
This Week’s Data
August
new home sales soared 18% versus expectations of 4% increase.
And:
August durable goods
orders plunged 18.2% versus estimates of a 17.1% decline; ex transportation,
they rose 0.7% versus forecasts of +0.8%.
You can see how the transportation (aircraft) orders distorted July and
August numbers; so the -18.2% fall is not as bad as it looks. Nonetheless, orders, both before and after
transportation, were weaker than anticipated.
Weekly
jobless claims rose 12,000 versus expectations of an increase of 20,000.
Other
Politics
Domestic
International War Against Radical Islam
Thursday
morning humor (short):
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