This blog seeks changes at the NEIGHBORHOOD-LEVEL by a Call for transparency and accountability of ALL who are elected-appointed-volunteered and hired. WE encourage Citizen-Centered engagement, leadership and decision making. We value Principle-Centered Leadership that practices day-to-day Code of Conduct to maximize all government spending, respectful of civil-human-legal rights. It was created on June 3, 2010, with the thought that if I want it to be, it starts and end with me.
WELCOME
CLICK "Subject" - HOME, All Hands on Deck, etc.
- Founder, Chair-CEO-Chief Visionary Officer- MARY GLASS
- AMERICAN RESCUE PLAN ACT - ARPA
- ALL HANDS on DECK
- E-SPECIFIC & MPA LLC Journal Online Edition
- RESPECT-4-RESPECT
- MEMBERSHIP
- TINN 100 - DIAMONDS in the ROUGH
- Re-Define-Re-Brand-Un-trap
- Open for Business
- MPA LLC CONSUMER PRO
- Cheer
- PRESS
- Investment
- PULSE
- DUE DILIGENCE
- Work Challenged
- OUR "CONFERENCE CALENDAR" PUSH PAGE
- PUSH. PUSH. PUSH. 'The Scout' Reporter - E Q U I T Y I N C L U S I O N
- I N D I V I S I B L E - Milwaukee (The Hub)
Search This Blog
Tuesday, June 5, 2012
Schacknow - TODAY'S PRIMER , June 5, 2012
Peter Schacknow, Senior Producer, CNBC Breaking News Desk
Though U.S. stocks are showing signs of stemming recent losses, the markets are not yet showing any inclination to rally. The S&P 500 and Nasdaq did break 3-session losing streaks with modest Monday gains, but the Dow is coming off four straight losses and has only chalked up four winning sessions in the last 23.
The May ISM non-manufacturing index is the only government economic report on today’s calendar. That number – out at 10am ET – is expected to come in at 53.0, slightly lower than April’s 53.5.
The day also features three Fed speakers, spread from morning until evening. Dallas Fed President Richard Fisher has a 7a ET speech in Scotland, St. Louis Fed President James Bullard speaks at 2:15pm ET in St. Louis, and Chicago Fed President Charles Evans addresses a gathering in New York this evening at 7:15pm ET.
The earnings calendar is once again very light, with only a handful of smaller companies scheduled to report.
Starbucks (SBUX) is a stock to watch today, after announcing it was buying San Francisco based Bay Bread, the company behind the La Boulange bakery brand. The deal will mean that Starbucks will offer La Boulange baked goods at its stores. The deal may have spillover effect for competitors like Panera Bread (PNRA).
Dollar General (DG) beat estimates by three cents with first quarter earnings of $0.63 per share, with revenues also above consensus. But the retailer also announced a secondary offering of 25 million common shares, putting the stock under pressure in the after-hours session.
FedEx (FDX) has increased its quarterly dividend by one cent to $0.14 per share.
Goldman Sachs (GS) reportedly laid off 50 employees last week, according to the New York Times. The paper says a number of those employees were managing directors on the higher end of Goldman’s pay scale.
Bankers for CBS (CBS) are said to be gauging interest in the company’s outdoor advertising business, according to the Wall Street Journal. CBS is hoping to draw bids as high as $6 billion, according to the paper.
Wynn Resorts (WYNN) CEO Steve Wynn says Wynn Macau’s latest resort in Macau would cost $4 billion, and he is expressing confidence that the property will be a successful investment despite the current economic climate.
Hotel stocks like Marriott (MAR), Starwood (HOT), FelCor (FCH), Hyatt (H) and Gaylord Entertainment (GET) could draw some buying interest, after analysts at an industry conference said they expected more hotel-related deals this year.
TiVo (TIVO) is countersuing Cisco Systems (CSCO) over alleged patent infringement relating to digital video recorder technology. Cisco had sued TiVo last week to void those same patents.
A new Reuters poll says four of five Facebook (FB) users have never bought a product or service as a result of either advertising or user comments. It also shows 34 percent of users spending less time on the site than they did six months ago.
BlackRock (BLK) chief equity strategist Bob Doll is retiring from the #1 money manager. Doll says he wants to shift his priorities to his family and philanthropic interests.
AllThingsD is reporting that although Yahoo (YHOO) has begun a CEO search, interim chief Ross Levinsohn is the leading candidate for the permanent position
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.