The PBR1000 December 2016 Breaking News Recap

January 12, 2017 by

December 2016: A Nice End, Let 2017 Start!

2017 and Smartphone-StuartMiles ID-100129443

There are a lot of puzzle pieces to put together as we start 2017. Be alert for Trump Tweets!

 

By Larry C. Paxton

2016 finished on mostly a high note.  The US stock markets registered new highs that were no where close to what prognosticators had predicted at the start of the year, mostly due to what most people called The Trump Bump. This was probably a reflection that the country had completed a long, controversial, mean-spirited, unconventional, and tumultuous presidential election. But the transfer of power will proceed in an orderly manner, there is a sense of relief, and hopeful optimism by a large segment of a somewhat disenchanted populace that felt traditional politics had failed them and this was a chance to make much needed changes.  The President-Elect is an unpredictable person and there are still a lot of the traditionalists left, so fireworks can be expected. It will be an interesting show for the whole world.

After a long wait, the Federal Reserve Board finally increased the federal funds rate by a quarter point and signaled there will be more increases in 2017 if the economy continues its modest/moderate growth.

Here’s a quick December 2016 summary on key activities that relate to The PBR1000:

US Presidency:  Donald J. Trump is the US President-Elect, to be inaugurated as the 45th President of the United States on Friday, January 20, 2017. Cabinet appointees being announced, heavy emphasis on business experience, major policy changes expected in healthcare, immigration, infrastructure programs, and international trade.

Mergers & Acquisitions: 28 deals worth at least $1 billion initiated, closed, or updated. Total transaction value is $157 billion.

Restructurings/Spinoffs: 6

Share Repurchase Programs: 9 announced, total $17 billion.

Bankruptcies: 0

CEO Changes: 20 announced.

Jobs: Modest growth.

US Economy: Modest/moderate growth continues, stable but fragile, significant growth in eCommerce, retail outlets down.

Federal Reserve Federal Funds Rate Changes: 1, increased 0.25% to 0.50-0.75%, more increases anticipated in 2017.

International: Brexit, oil price fluctuations, Middle East conflicts, refugee crisis, N Korea nuclear/missile tests, upcoming European elections, climate change, new US president continue to be the headliners.

For more details here are The PBR1000 corporate and economic related breaking news items of interest with hotlinks to the sources for December 2016, starting with the last active business day.

Friday, December 30:

The PBRMarketTools Year Ending 12/30/16 US Stock Exchanges Recap:
DJIA ends 2016 at 19,762.60, -0.86% from last Friday, +3.34% MTD, +7.94% QTD, +13.42% YTD, -1.06% from record 19,974.62 on 12/20/16.
NASDAQ ends 2016 at 5,383.12, -1.46% from last Friday, +1.12% MTD, +1.34% QTD, +7.50% YTD, -1.90% from record 5,487.44 on 12/27/16.
SPX ends 2016 at 2,238.83, -1.10% from last Friday, +1.82% MTD, +3.25% QTD, +9.54% YTD, -1.45% from record 2,271.72 on 12/13/16.

Freeport_McMoRan(PBR128) completes $592 million cash sale of onshore California properties to Sentinel Peak Resources California. $FCX PR link.

Abbott Labs(PBR134) to complete $25 billion cash/stock acquisition of cardiovasular medical devices developer St Jude Medical(PBR440) on 01/04/17. $ABT PR link.

Southern Co(PBR155) Power subsidiary to do joint development with Renewable Energy Systems Americas for 3,000 MW across 10 projects. $SO PR link.

Huntsman Corp(PBR244) completes sale of European surfactants business to Innospec(NASDAQ: IOSP) for $225 million. $HUN PR link.

SPX(PBR506) completes sale of European Power Generation business. $SPXC PR link.

Cabela’s(PBR606) and Bass Pro Shops receive request for additional info from FTC regarding $5.5 billion merger. $CAB PR link.

The Federal Reserve Bank of Chicago November Midwest Economic Index at -0.01, relative MEI +0.20. ChicagoFed PR link.

MNI December Chicago Business Barometer at 54.6, Nov was 57.6, Dec 2015 was 42.9. ISM/MNI PR link.

Thursday, December 29:

Sears Holdings(PBR93) announces secured standby Letter Of Credit facility for $200 million, can be expanded by $300 million. $SHLD PR link.

General Cable(PBR418) resolves ongoing SEC and DOJ investigations, agrees to $82.3 million in fines. $BGC PR link.

Welltower(PBR635) completes sale of 28 long-term/post-acute care facilities to Cindat/Union Life joint venture, retains 25% stake. $HCN PR link.

The US Dept of Commerce estimates US 3Q16 Net International Position at Assets $24.861 trillion, Liabilities $32.642 trillion, Deficit $7.781 trillion. USDOC PR link.

The US Dept of Labor says US 12/17/16 Total Insured Unemployment 4 Week Moving Average at 2.042 million, +0.9% from previous month, -7.6% previous year. USDOL PR link.

The US Energy Information Agency says 12/23/16 US Crude Oil Reserves at 486.1 million barrels, -0.4% from 11/25/16, +6.8% from 12/25/15. EIA PR link.

FreddieMac(PBR41) says US 30 Yr Fixed Mortgage Rate Average at 4.32%, 11/23/16 was 4.03%, 12/31/15 4.01%. $FMCC PR link.

Tech Trends: Intel(PBR51) experts share insights on tech trends for 2017 and beyond. $INTC PR link.

Consumer Electronics Show: The 5 tech trends that will dominate CES and 2017. MarketWatch PR link.

Wednesday, December 28:

McKesson(PBR6) completes $2.1 billion acquisition of Canada based 8,600 employees 470+ retail pharmacies Rexall Health from Katz Group; appoints Domenic Pilla as CEO McKesson Canada. $MCK PR link.

Sprint(PBR86) commits to create or bring back to the US 5,000 jobs. $S PR link.

Roper Technologies(PBR614) completes $2.8 billion cash acquisition of 22,000 clients global project management software/information solutions provider Deltek. $ROP PR link.

Southwest Gas(PBR867) to become a holding company on 01/01/17, keep SWX trading symbol. $SWX PR link.

PSEG(PBR257) Power unit president/CEO Bill Levis to retire 3Q17. $PEG PR link.

Personal Finance: Americans use debit cards twice as much as credit cards. MarketWatch PR link.

Real Estate: As home prices rise, house-flippers stage comeback. MarketWatch PR link.

Tuesday, December 27:

Amazon(PBR29) ships over 1 billion items for Prime and FulFillment subscribers during the 2016 holiday season. $AMZN PR link.

UPS(PBR47) forecasts 1.3 million packages back to retailers for 01/05/17, National Returns Day, 5.8 million during first full week of 01/17. $UPS PR link.

Qualcomm(PBR106) to appeal $865 million fine for unfair business practices from Korea Fair Trade Commission. $QCOM PR link.

Panasonic to invest $260M in a solar cell plant that will supply Tesla(PBR651 $TSLA). MarketWatch PR link.

Vornado(PBR738) announces final disposition of Skyline Properties recognizing $486 million gain. $VNO PR link.

Fred’s(PBR897) adopts shareholder rights plan, to close 40 underperforming stores in 1H2017. $FRED PR link.

The Federal Reserve Bank of Richmond says US 5th District December Manufacturing Annualized Index at 8%, November was 4%, October -4%. RichmondFed PR link.

The Conference Board US December Consumer Confidence Index at 113.7, November was 109.4, December 2015 96.3(1985=100). TCB PR link.

The Case-Shiller US October Home Price Index at 185.06, September was 184.65, October 2015 175.23(01/2000=100). C-S PR link.

Passive investing, a winner in 2016, shows no sign of stopping. MarketWatch PR link.

Monday, December 26:

***US Stock Markets Closed.
***Christmas Holiday Observed.

Friday, December 23:

The PBRMarketTools Week Ending 12/23/16 US Stock Exchanges Recap:
DJIA ends week at 19,933.91, +0.46% from last Friday, +4.24% MTD, +8.88% QTD, +14.40% YTD, -0.20% from record 19,974.62 on 12/20/16.
NASDAQ ends week at 5,462.69, +0.47% from last Friday, +2.61% MTD, +2.84% QTD, +9.09% YTD, -0.39% from record 5,483.94 on 12/20/16.
SPX ends week at 2,263.79, +0.25% from last Friday, +2.96% MTD, +4.41% QTD, +10.76% YTD, -0.35% from record 2,271.72 on 12/13/16.

Cardinal Health(PBR26) settles nationwide civil suit for $44 million with US Dept of Justice for 2012 administrative settlement with US DEA. $CAH PR link.

Halliburton(PBR90) settles for $100 million a class action suit filed in 2002 regarding longterm projects accounting & asbestos liability disclosures. $HAL PR link.

Biogen(PBR282) gets US FDA approval for SPINRAZA™ (nusinersen), first treatment for spinal muscular atrophy. $BIIB PR link.

Pinnacle West(PBR620) subsidiary APS contracts for 565 megawatts for 6 years starting 06/01/20 from Arlington Valley cycle power plant. $PNW PR link.

Caterpillar(PBR54) promotes Tom Pellette to group president/Energy & Transportation, Bob De Lange group president/Construction Industries, Billy Ainsworth to SVP & Strategic Advisor. $CAT PR link.

Caterpillar(PBR54) president/CEO Kent Adams of Caterpillar Financial Services Division to retire; VP Financial Services Division Mike DeWalt to retire, succeeded by Joe Creed; Zack Kauk promoted to VP/Excavation Division. $CAT PR link.

The US Dept of Commerce estimates US November New Houses Sold/For Sale Annual Rate at 592,000, +5.5% from October, +16.5 from November 2015. USDOC PR link.

University of Michigan says US December Final Consumer Sentiment Index at 98.2, November was 93.8, October 87.2. UMich PR link.

Thursday, December 22:

The PBR1000 November Snapshot 15
#101-105 By Market Capitalization Summary
(PBR Rankings are by Revenues):

101. Kinder Morgan(PBR184), $KMI, $49.6B
102. Ford Motor(PBR9), $F, $47.5B
103. Exress Scripts(PBR22), $ESRX, $46.8B
104. Dominion Resources(PBR226), $D, $45.9B
105. Aetna(PBR45), $AET, $45.9B

Total The PBR1000 Market Capitalization: $21.5 trillion

Range: $589.3B to $0.0B
Average: $21.5B
Median: $6.9B

Get the full Snapshot 15 list with more details and the 14 other analytical snapshots with a 2 month or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Nokia expands patents legal fight with Apple(PBR5 $AAPL) to 9 countries. MarketWatch PR link.

Boeing(PBR27) delivers 500th 787 Dreamliner. $BA PR link.

Community Health System(PBR125) completes sale of ten medical office buildings across 5 states to HCP(PBR834 $HCP) for $163 million, doing leasebacks. $CYH PR link.

Southern Co(PBR155) subsidiary acquires two wind projects in Texas totaling 300 megawatts. $SO PR link.

Biogen(PBR282) gets SEC approval to spinoff Bioverativ(NASDAQ: BIVV), to be effective 02/01/17. $BIIB PR link.

Davita Healthcare(PBR302) HealthCare Partners Nevada unit to acquire 3,000 Nevada providers network WellHealth Quality Care. $DVA PR link.

KKR(PBR332 $KKR) seeks buyer for public utilities water venture. MarketWatch PR link.

Peabody Energy(PBR372) files plan of reorganization and disclosure statement to emerge from Chapter 11, hearing set for 01/26/17. $BTUUQ PR link.

Varian Medical(PBR678) to acquire PerkinElmer(PBR839 $PKI)’s Medical Imaging business for $276 million, will be included in spinoff Varex Imaging. $VAR PR link.

Reinsurance Group of America(PBR256) to promote president Anna Manning to CEO on 01/01/17, succeeds retiring Greig Woodring. $RGA PR link.

The US Dept of Commerce revises US 3Q16 GDP Annual Rate from 3.2% to 3.5%, $18.675 trillion, +1.2% from 2Q16, +2.9% from 3Q15. USDOC PR link.

The US Dept of Commerce estimates US November Total Personal Income Annual Rate at $16.234 trillion, +0.01% from October, +3.50% from November 2015. USDOC PR link.

The Federal Reserve Bank of Chicago estimates US November National Activity Index at -0.27, October was -0.05, September -0.11. ChicagoFed PR link.

The Conference Board US Preliminary November Leading Economic Index at 124.6(2010=100), Coincident 114.6, Lagging 123.2. TCB PR link.

Wednesday, December 21:

Coca-Cola(PBR63) to acquire Anheuser-Busch InBev(NYSE: BUD)‘s 54.5% equity stake in Coca-Cola Beverages Africa for $3.15 billion. $KO PR link.

Delta Air Lines(PBR72) & Aeromexico get US Dept of Transportation approval to establish largest transboarder alliance between US & Mexico. $DAL PR link.

Goldman Sachs(PBR76 $GS) gets fined $120 million by CFTC for manipulating interest rate products 2007-2012. MarketWatch PR link.

Stanley Black & Decker(PBR249) to sell majority Of Its Mechanical Security businesses to dormakaba For $725 million cash. $SWK PR link.

FMC Technologies(PBR334) & France based Technip(EUROnext: TEC) $13 billion merger to close 01/16/17. $FTI PR link.

Bristol-Myers Squibb(PBR185) elects Giovanni Caforio, MD, chairman, effective 05/02/16, succeeds retiring Lamberto Andreotti. $BMY PR link.

BB&T(PBR277) COO Chris Henson now also president. $BBT PR link.

Caesars Entertainment(PBR314) interim chief marketing officer Ruben Sigala now officially CMO. $CZR PR link.

Hershey(PBR354) EVP/COO Michele Buck to become president/CEO on 03/01/17, succeeds retiring John Bilbrey who will remain non-executive chairman. $HSY PR link.

Twitter(PBR786 $TWTR) is teetering after two more executive departures. MarketWatch PR link.

Allison Transmission(PBR865) chairman/CEO Lawrence Dewey to retire in 05/18. $ALSN PR link.

Red Hat(PBR936) CFO Frank Calderoni leaving in 01/17, VP Finance Eric Shander is acting CFO. $RHT PR link.

Natl Assn of Realtors says US November Existing Home Median Price at $234,900, +1.2% from October, +6.8% from November 2015. NAR PR link.

Bitcoin surpasses $800 for the first time in 3 years. MarketWatch PR link.

Executive Management: The Rising Risk of Being CFO. CFO Magazine PR link.

Tuesday, December 20:

Bank of America(PBR24) to sell UK consumer credit card $10 billion portfolio business MBNA Ltd to Lloyds Banking Group for $2.4 billion. $BAC PR link.

Amazon(PBR29) to expand again in Illinois with two more fulfillment centers and 1,000 full-time jobs. $AMZN PR link.

Walgreens Boots Alliance(PBR36) and Rite Aid(PBR105 $RAD) reach agreement to sell 865 Rite Aid Stores to Fred’s(PBR897 $FRED) Pharmacy for $950 million cash. $WBA PR link.

Chesapeake Energy(PBR131) to sell second Haynesville shale acreage position for $465 million. $CHK PR link.

Allergan(PBR219) to acquire Acelity L.P. Inc.’s regenerative medicine company LifeCell Corporation for $2.9 billion. $AGN PR link.

Praxair(PBR233) & Germany based Linde AG(Xetra: LIN) to merge as $30 billion/year Linde in 50/50 stock ownership deal. $PX PR link.

Biogen(PBR282) completes Bioverativ(NASDAQ: BIVV) spinoff, declares special dividend distribution of Bioverativ stock. $BIIB PR link.

Ingredion(PBR415) to acquire TIC Gums for $400 million cash; expands customer base, specialty portfolio & texture expertise. $INGR PR link.

Arthur J Gallagher(PBR515) acquires Metairie, LA, employee benefits insurance provider Group Insurance Associates. $AJG PR link.

Boyd Gaming(PBR727) completes $230 million cash acquisition Of Las Vegas assets Of Cannery Casino Resorts. $BYD PR link.

AMC Entertainment(PBR728 $AMC) required to divest movie theatres, reduce NCM ownership and complete screen transfers in order to complete $1.2 billion acquisition of Carmike Cinemas(NASDAQ: $CKEC) per US Dept of Justice. USDOJ PR link.

ABM Industries(PBR478) EVP/General Counsel & Corporate Secretary Sarah Hlavinka McConnell is leaving mid 01/17. $ABM PR link.

Hasbro(PBR549) Chairman, President/CEO Brian Goldner gets contract extension through 2020. $HAS PR link.

Endo Intl(PBR700) interim CFO Blaise Coleman is now officially CFO. $ENDP PR link.

Twitter(PBR786 $TWTR) chief technology officer Adam Messinger to leave the company. MarketWatch PR link.

ResMed(PBR977) hires Carlos Nunez, MD, as Chief Medical Officer. $RMD PR link.

Monday, December 19:

Icahn Enterprises(PBR147) to sell American Railcar Leasing unit to Sumitomo Mitsui Banking Corp subsidiary for $3.36 billion cash. $IEP PR link.

Estée Lauder(PBR255) completes $1.45 billion acquisition of prestige makeup millennials emphasis brand Too Faced. $EL PR link.

The Mosaic Co(PBR300) to acquire Brazil based Vale Fertilizantes for $2.5 billion. $MOS PR link.

LKQ(PBR376) to sell OEM glass manufacturing business to Mexico based Vitro SAB for $310 million. $LKQ PR link.

Constellation Brands(PBR377) completes $784.5 million sale of Canadian wine business to Ontario Teachers’ Pension Plan. $STZ PR link.

Adobe Systems(PBR557) completes $14/share, $540 million acquisition of video advertising platform developer TubeMogul(NASDAQ: TUBE). $ADBE PR link.

Legg Mason(PBR709) to get at least $500 million investment from Shandra Group, will have 15% stake, provide 2 directors. $LM PR link.

Macy’s(PBR97) hires Cheryl Heinonen as EVP/Corporate Communications, effective 01/09/17. $M PR link.

Staples(PBR122) promotes Faisal Masud to Chief Technology Officer. $SPLS PR link.

Biogen(PBR282) promotes EVP/Chief Commercial Officer Michel Vounatsos to CEO effective 01/06/17, succeeds George Scangos, PhD, who is stepping down. $BIO PR link.

Lands’ End(PBR976) hires Jerome Griffith as CEO starting 03/06/17. $LE PR link.

Friday, December 16:

The PBRMarketTools Week Ending 12/16/16 US Stock Exchanges Recap:
DJIA ends week at 19,843.41, +0.44% from last Friday, +3.76% MTD, +8.39% QTD, +13.88% YTD, -0.34% from record 19,911.21 on 12/13/16.
NASDAQ ends week at 5,437.16, -0.13% from last Friday, +2.13% MTD, +2.36% QTD, +8.58% YTD, -0.49% from record 5,463.83 on 12/13/16.
SPX ends week at 2,258.07, -0.06% from last Friday, +2.70% MTD, +4.14% QTD, +10.48% YTD, -0.60% from record 2,271.72 on 12/13/16.

Express Scripts(PBR22) authorizes an additional 65 million shares for share repurchase program, balance is 330 million shares. $ESRX PR link.

Pfizer(PBR56) gets FDA approval for removal of boxed warning regarding serious neuropsychiatric events from CHANTIX® (varenicline) smoking cessation treatment labeling. $PFE PR link.

Cummins(PBR146) authorizes new up to $1 billion share repurchase program, takes effect after completion of 2015 $1 billion plan. $CMI PR link.

Omnicom(PBR192) confirms 2 subsidiaries received subpoenas from the US Dept of Justice Antitrust Division concerning investigation of advertising industry video production/post-production practices. $OMC PR link.

Arthur J. Gallagher(PBR515) expands affinity business, acquires errors & omissions insurance provider National Ethics Association. $AJG PR link.

Liberty Media(PBR534) gets antitrust regulators approval for $8 billion acquisition of Formula 1, special stockholders meeting set for 01/17/17. $LMCA PR link.

Chipotle(PBR561) elects 4 new board members to help re-establish fast food industry leadership. $CMG PR link.

Mylan(PBR346) launches first generic EpiPen Auto-Injector, wholesales at $300/2 pack. $MYL PR link.

Beacon Roofing(PBR818) acquires BJ Supply of Bristol, Pa. $BECN PR link.

Clearwater Paper(PBR898) acquires 170 employees 5 manufacturing plants Manchester Industries for $68.25 million. $CLW PR link.

Restoration Hardware(PBR915) changing name to RH starting 01/01/17. $RH PR link.

Scientific Games(PBR937) gets 6-10 yr contract with Kansas Lottery. $SGMS PR link.

Viacom(PBR224) annual meeting proxy statement says Chairman Emeritus Sumner Redstone to attend board meetings, but have no vote, starting in 02/17. $VIA PR link.

The US Dept of HUD estimates US November Housing Permits Annual Rate at 1,201,000, -4.7% from October, -6.6% from November 2015 HUD PR link.

Japan surpasses China as the U.S.’s largest creditor. MarketWatch PR link.

Thursday, December 15:

Comcast(PBR42 $CMCSA)’s NBC bets viewers will watch Olympics year-round. MarketWatch PR link.

Merck(PBR70) subsidiary Idenix Pharmaceutical awarded $2.54 billion from Gilead Sciences(PBR107 $GILD) for infringement of a Hepatitis C drug patent. $MRK PR link.

21st Century Fox(PBR91) to acquire European entertainment 30,000 employee Sky plc for $14.8 billion cash. $FOX PR link.

3M(PBR92) expands parental leave benefits to 10 paid weeks for moms and dads. $MMM PR link.

Freeport-McMoRan(PBR128) completes $2.0 billion sale of Deepwater Gulf of Mexico properties to Anadarko Petroleum(PBR154 $APC). $FCX PR link.

Nucor(PBR130) to purchase Republic Conduit for $335 million. $NUE PR link.

Core-Mark(PBR271) gets 3 year 5 western states snacks/candies supply deal for 530 Walmart(PBR1 $WMT) stores. $CORE PR link.

Spectra Energy(PBR422) shareholders approve $28 billion merger into Enbridge(NYSE ENB), to close in 1Q17. $SE PR link.

GNC(PBR743) to close stores 12/28/16, re-open 12/29/16 with launch of One New GNC unified format. $GNC PR link.

Armstrong World(PBR772) to acquire accoustical ceiling, wall & structural solutions manufacturer Ohio-based Tectum, terms not disclosed. $AWI PR link.

McCormick(PBR552) completes $127 million acquisition of Italian $56 million/yr flavor manufacturer Enrico Giotti SpA. $MKC PR link.

DeVry Education(PBR905) settles litigation with FTC, to pay $49.4 million, to forgive $50.6 million of student loans. $DV PR link.

Weight Watchers(PBR988) new Apple(PBR5 $AAPL) Watch Series 2 subscription plan provides members plan information and notifications. $WTW PR link.

Franklin Resources(PBR315) co-president Vijay Advani leaving, Jennifer Johnson to continue as president. $BEN PR link.

Priceline(PBR319) promotes EVP Glenn Fogel to CEO, effective 01/01/17; interim CEO Jeff Boyd to become executive chairman. $PCLN PR link.

The US Dept of Labor says the US November Consumer Price Index at +0.2%, annual rate +1.7%. USDOL PR link.

The US Dept of Labor estimates US November Average Earnings/Week at $890.62, -0.1% from Oct, +2.2% from Nov 2015. USDOL PR link.

The NY Federal Reserve Bank says the December General Business Conditions Index at 9.0, November was 1.5, October -6.8. NYFed PR link.

The Philadelphia Federal Reserve Bank says the December Manufacturing General Activity Index at 21.5, November was 7.6, October 9.7. PhillyFed PR link.

The Natl Assn of Homebuilders estimates US December Housing Market Index at 70, November was 63, October 63. NAHB PR link.

Wednesday, December 14:

The PBR1000 November Snapshot 13
Top 5 Stock Price Gainers since 12/31/14 Summary:

1. NVIDEA(PBR452), $NVDA, +360%
2. AMD(PBR533), $AMD, +234%
3. Skywest(PBR633), $SKYW, +177%
4. Amazon(PBR20), $AMZN, +142%
5. Netflix(PBR351), $NFLX, +140%

Range: +360% to -90%
Companies >+0%: 555/1,000
Average: +5.2%
Median: +4.1%

Get the full Snapshot 13 list with more details and the 14 other analytical snapshots with a 2 month or significantly discounted annual The PBR1000 subscription today! Subscribe link.

GE(PBR9 $GE) to sell Industrial Solutions & GE Water businesses to raise $4 billion. MarketWatch PR link.

Amazon(PBR29) Prime Video service now available in over 200 countries/territories. $AMZN PR link.

Dupont(PBR82) to sell global food safety diagnostics business to Hygiena, terms not disclosed. $DD PR link.

Arrow Electronics(PBR120) authorizes additional $400 million share repurchase program. $ARW PR link.

KKR(PBR332) to sell advanced oral dosage delivery developer Capsugel to pharma/biotech Swiss based firm Lonza for $5.5 billion. $KKR PR link.

Alaska Air(PBR454) completes $4.0 billion cash acquisition of Virgin America, now 5th largest US airline. $ALK PR link.

Arthur J Gallagher(PBR515) acquires Phoenix, AZ, based employee benefits/human resources consulting firm MW Bagnall Co. $AJG PR link.

Yahoo!(PBR519) releases statement regarding 1 billion user data security breach in 2013. $YHOO PR link.

Liberty Media(PBR534) announces agreements with 3rd party investors to invest $1.55 billion to support Formula 1 acquisition. $LMCA PR link.

Hologic(PBR767) to divest blood screening business to partner Grifols for $1.85 billion. $HOLX PR link.

Albemarle(PBR792) completes $3.2 billion sale of Chemetall Surface Treatment business. $ALB PR link.

ExxonMobil(PBR2) chairman/CEO Rex Tillerson to retire 12/31/16, president Darren Woods is successor. $XOM PR link.

Host Hotels(PBR455) president/CEO W Edward Walter to retire 12/31/16, EVP James Risoleo to be successor. $HST PR link.

Cliffs Natural Resources(PBR518) appoints Kelly Tompkins as EVP/COO, Tim Flanagan EVP/CFO, treasurer, and chief accounting officer. $CLF PR link.

Pitney Bowes(PBR588) hires Stan Sutula III as EVP/CFO, succeeds Mike Monahan who remains COO. $PBI PR link.

Lincoln Electric(PBR710) EVP/General Counsel Fred Steuber to retire in 04/17, Jennifer Ansbury to be successor. $LECO PR link.

A. Schulman(PBR791) hires Gary Phillips as Chief Commercial Officer. $SHLM PR link.

SemGroup(PBR866) chairman John Chlebowski to retire 12/31/16, director Thomas McDaniel elected chairman starting 01/01/17. $SEMG PR link.

Pier 1 Imports(PBR916) president/CEO Alex Smith leaving effective 12/31/16, chairman Terry Loudon adds interim president/CEO role. $PIR PR link.

The US Federal Reserve Board releases FOMC statement, raising federal funds rate 0.25% to 0.50%-0.75%. FRB PR link.

The US Dept of Labor says US November Producer Price Index at +0.4%, October was +0.0%, last 12 months(Unadjusted) +1.3%. USDOL PR link.

The US Dept of Commerce estimates US October MTIS Total Sales at $1.327 trillion, +0.8% from September, +0.8% from October 2015. USDOC PR link.

The US Dept of Commerce estimates US November Total Retail Sales at $465.5 billion, +0.1% from October, +3.7% from November 2015. USDOC PR link.

The US Federal Reserve Board estimates US November Industrial Production Total Index(2012=100) was 103.9, October 104.3, November 2015 104.5. FRB PR link.

Prime Lending Rate: As a result of the Federal Reserve Board raising the Federal Funds Interest Rate to 0.50-0.75%, many banks raise their Prime Lending Rate from 3.50% to 3.75%.

Tuesday, December 13:

IBM(PBR25 $IBM) to hire 25,000 over 4 years in ‘new collar’ jobs says CEO Ginni Rometty in USA Today opinion piece. USAToday PR link.

Johnson & Johnson(PBR37) announces it has ended discussions with Actelion Pharmaceuticals. $JNJ PR link.

Alphabet(PBR44) is spinning out its driverless car company into new unit called Waymo. $GOOG PR link.

Monsanto(PBR187) shareholders approve $128/share, $66 billion cash acquisition by Germany’s Bayer AG, to close by end of 2017. $MON PR link.

Wynn Resorts(PBR427) to get $472 million and have 50.1% ownership in joint venture with Crown Acquisitions to develop & operate retail offerings at Wynn Las Vegas. $WYNN PR link.

JetBlue(PBR429) increases share buyback plan to $500 million, expires 12/31/19. $JBLU PR link.

Intuitive Surgical(PBR863) increases share repurchase program to up to $3.0 billion. $ISRG PR link.

SeaWorld(PBR1013) announces partnership with real estate developer Miral to develop SeaWorld Abu Dhabi by 2022. $SEAS PR link.

Facebook(PBR228) shakes up virtual-reality efforts with Oculus CEO stepping down. MarketWatch PR link.

Hertz(PBR259) hires Kathy Marinello as president/CEO starting 01/03/17, succeeds retiring John Tague. $HTZ PR link.

KBR(PBR395) hires Mark Sopp as CFO, effective in 1Q17, succeeds retiring Brian Ferraioli. $KBR PR link.

Barnes & Noble(PBR408) relieves Jaime Carey from president, development & restaurant responsibilities, has resigned. $BKS PR link.

CIT Group(PBR608) hires Gina Proia as EVP/Chief Marketing Officer & Communications Officer. $CIT PR link.

TimeInc(PBR631) Chief Revenue Officer Mark Ford to step down, assume new role of EVP/Senior Strategic Sales Advisor starting 01/09/17, Brad Elders is successor; president/COO, Sales & Marketing Mark Ellis, to leave effective 03/01/17. $TIME PR link.

Tailored Brands(PBR643) hires Jack Calandra as CFO starting 01/03/17. $TLRD PR link.

Kennametal(PBR706) promotes Michelle R. Keating to VP, Secretary & General Counsel. $KMT PR link.

Domino’s Pizza(PBR889) hires Kevin Morris as EVP/General Counsel. $DPZ PR link.

Minerals Tech(PBR949) elects Doug Dietrich as CEO. $MTX PR link.

Och-Ziff Capital(PBR978) hires Alesia Haas as CFO, succeeds retiring Joel Frank; David Levine hired as Chief Legal Officer, succeeds retiring David Becker. $OZM PR link.

Red Robin(PBR1046) hires Guy Constant as EVP/CFO. $RRGB PR link.

The US Dept of Labor estimates US November Import Prices Year-over-Year were -0.1%, Export Prices -0.3%. USDOL PR link.

Manpower(PBR132) releases US 1Q2017 Employment Outlook survey, 19% to increase staff, 73% no change. $MAN PR link.

CoreLogic says US October Foreclosure Housing Inventory at 328,000, -31.5% from Oct 2015, 0.8% of all US mortgaged homes. CoreLogic PR link.

Monday, December 12:

Boeing(PBR27) gets 80 airplanes, $16 billion order from Iran Air, will support nearly 100,000 US jobs. $BA PR link.

Dover(PBR343) completes $780 million cash acquisition of Austin, TX, based global provider of fuel dispensing, payment, systems and aftermarket services for retail and commercial fuel stations Wayne Fueling Systems. $DOV PR link.

Quest Diagnostics(PBR353) announces partial data security breach of 34,000 individual records. $DGX PR link.

Newell Brands(PBR434) to acquire New Zealand based food storage containers provider Sistema Plastics for $470 million; to acquire home fragrances provider Smith Mountain Industries, brand name WoodWick Candle, for $100 million. $NWL PR link.

Patterson-UTI Energy(PBR654) to acquire Seventy Seven Energy in mostly stock deal valued at $1.76 billion. $PTEN PR link.

SunPower(PBR680) sells majority interest in 2 Kern County, CA, solar projects, 67.4 MW each, will operate & maintain facilities. $SPWR PR link.

Scotts Miracle-Gro(PBR705) acquires smart water controllers maker Blossom & soil sensors/smart water valve systems provider PlantLink, terms not disclosed. $SMG PR link.

Viacom(PBR224) interim CEO Bob Bakish now president/CEO; terminates exploring merger with CBS(PBR210). $VIA PR link.

Ball Corp(PBR312) promotes Daniel Fisher to corporate SVP & COO/global beverage packaging, succeeds leaving Erik Bouts. $BLL PR link.

Chipotle(PBR561) founder/chairman now also sole CEO, Monty Moran has stepped down as co-CEO & member of the board. $CMG PR link.

Alexion Pharmaceuticals(PBR840) CEO David Hallal resigns, board member David Brennan appointed interim CEO; David Anderson hired as CFO. $ALXN PR link.

The US Dept of Treasury says 2 Month YTD(Nov) Receipts at $421.6 billion, Outlays $602.4 billion, Deficit $180.8 billion. 2015 Deficit was $201.1 billion Treasury PR link.

Friday, December 9:

The PBRMarketTools Week Ending 12/09/16 US Stock Exchanges Recap:
DJIA ends week at 19,756.85, +3.06% from last Friday, +3.31% MTD, +7.91% QTD, +13.38% YTD, -0.00% from record 19,756.85 on 12/09/16.
NASDAQ ends week at 5,444.50, +3.59% from last Friday, +2.27% MTD, +2.49% QTD, +8.73% YTD, -0.00% from record 5,444.50 on 12/09/16.
SPX ends week at 2,259.53, +3.08% from last Friday, +2.76% MTD, +4.21% QTD, +10.55% YTD, -0.00% from record 2,259.53 on 12/09/16.

Apollo Education(PBR681 $APOL) $1.14 billion acquisition by investor group lead by Apollo Global Mgmt(PBR906 $APO) dependent on posting $385 million letter of credit per US Dept of Education. MarketWatch PR link.

HB Fuller(PBR870) to eliminate/relocate 220 positions globally in accelerated restructuring program. $FUL PR link.

Ferro Corp(PBR1054) completes $54 million acquisition of Belgium based Cappelle Pigments. $FOE PR link.

Coca-Cola(PBR63) president/COO James Quincey to succeed Muhtar Kent as CEO on 05/01/17, Kent to continue as chairman. $KO PR link.

Ascena Retail(PBR499) president/CEO David Jaffe now also chairman. $ASNA PR link.

CME Group(PBR664) promotes Julie Winkler to chief commercial officer, Kim Taylor to president-Clearing/Post-Trade Services. $CME PR link.

Panera Bread(PBR768) promotes Blaine Hurst to president, succeeds Drew Madsen who has resigned. $PNRA PR link.

Titan Intl(PBR910) president Paul Reitz to add CEO role on 01/01/17. $TWI PR link.

The US Dept of Commerce estimates US October Wholesale Sales at $452.2 billion, +1.4% from September, +2.2% from October 2015. USDOC PR link.

The University of Michigan preliminary survey says US December Consumer Sentiment Index at 98.0, November was 93.8, December 2015 92.6. UMich PR link.

Thursday, December 8:

The PBR1000 November Snapshot 12
Top 5 Stock Price Gainers YTD Summary:

1. Cliffs Natural Resources(PBR832), $CLF, +458%
2. AK Steel(PBR354), $AKS, +308%
3. US Steel(PBR227), $X, +305%
4. Navistar(PBR264), $NAV, +248%
5. SunCoke Energy(PBR950), $SXC, +229%

Range: +458% to -80%
Companies >+0%: 715/1,000
Average: +11.0%
Median: +12.2%

Get the full Snapshot 12 list with more details and the 14 other analytical snapshots with a 2 month or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Ford(PBR10) tops automotive industry for patents granted in 2016 with 3,200, 1,500 to employees YTD. $F PR link.

3M(PBR92) to sell 450 employees $215 million/yr identity management business to global digital security company Gemalto for $850 million. $MMM PR link.

LinkedIn(PBR843) $26.2 billion acquisition by Microsoft(PBR31) is completed per Jeff Weiner blog post. $LNKD PR link.

MDC Holdings(PBR952)’s Richmond American opens seven new communities In Denver-metro area. $MDC PR link.

UNUM(PBR261) non-executive chairman Thomas Watjen to not run for re-election at 05/17 annual meeting, lead independent director Kevin Kabat to be recommended to shareholders. $UNM PR link.

Great Plains Energy(PBR757) announces leadership team when acquisition of Westar Energy(PBR747 $WR) is completed in spring 2017. $GXP PR link.

KB Home(PBR802) promotes Chris Apostolopoulos to Regional President of Its California operations. $KBH PR link.

Apollo Global Mgmt(PBR906) hires Gary Parr as senior managing director & co-chairman of the Management Operating Committee. $APO PR link.

Titan Intl(PBR910) interim CFO James Froisland transitions to CFO. $TWI PR link.

The US Federal Reserve says US 3Q16 Households Networth at $90.196 trillion, +1.3% from 2Q16, +6.0% from 3Q15. FRB PR link.

The US Dept of Labor says US September Average Employee Cost/Hr was $23.42 wages/salaries, $10.73 benefits, total $34.15, +2.4% from September 2015. USDOL PR link.

Wednesday, December 7:

Comcast(PBR42) is Official Partner of US Olympic Committee through 2020; NBCUniversal unit has broadcast rights through 2032. $CMCSA PR link.

Staples(PBR122) to keep 15% equity in $1.9 billion/yr European business in sale to Cerberus Capital Management. $SPLS PR link.

Abbott Labs(PBR134) seeks to terminate $56/share, $5.8 billion deal to acquire global point of care diagnostics provider Alere(PBR752 $ALR). $ABT PR link.

Starbucks(PBR178) announces 5 year plan, to open 12,000 more stores globally by 2021, will have 37,000 stores total. $SBUX PR link.

Corning(PBR281) authorizes new $4.0 billion share repurchase program. $GLW PR link.

Royal Caribbean(PBR329) gets Cuban government approval for cruises to Cuba, to announce Florida-Cuba cruises soon. $RCL PR link.

FIS(PBR394) to sell SunGard Public Sector and Education businesses to Vista Equity Partners for $850 million. $FIS PR link.

Alaska Air(PBR454) settles consumer lawsuit, to close $4.0 billion cash acquisition of Virgin America soon. $ALK PR link.

Triumph Group(PBR578) selling Triumph Air Repair-Asia & Triumph Engines units, combined revenues of $81 million/yr, to The Gores Group. $TGI PR link.

Varian Medical(PBR678) spinoff of independent public company Varex Imaging to be completed by 01/31/17, includes $200 million cash transfer to Varian. $VAR PR link.

SunPower(PBR680) announces restructuring program, to lay off 25%(2,500) of global workforce. $SPWR PR link.

Curtiss-Wright(PBR837) expands share repurchase program to $200 million. $CW PR link.

Fitbit(PBR870) has acquired key smartwatch developer Pebbles personnel & intellectual property related to software/firmware, excludes hardware. $FIT PR link.

Domino’s Pizza(PBR889) opens first store in Sweden in Malmo, delivery/dine-in. $DPZ PR link.

Nu Skin(PBR756) president/CEO Truman Hunt to leave mid-2017 for leadership position in Mormon church; CFO Ritch Wood to be CEO, Ryan Napierski president. $NUS PR link.

The US Dept of Labor estimates US October Job Openings at 5.534 million, -1.7% from September, +2.1% from October 2015. USDOL PR link.

The US Federal Reserve Board estimates US October Consumer Credit at $3.727 trillion, +0.4% from September, +5.4% YTD, +6.1% from October 2015. FRB PR link.

Tuesday, December 6:

Phillips 66(PBR7) sets world record 11.84% for organic solar cell efficiency, for future thin film lightweight low cost manufacturing applications. $PSX PR link.

Ingram Micro(PBR62) $38.90/share, $6.0 billion acquisition by China based Tianjin Tianhai is completed. $IM PR link.

Nucor(PBR130) to acquire Southland Tube for $130 million. $NUE PR link.

Micron Technology(PBR180) completes $4.0 billion acquisition of Inotera Memories of Taiwan. $MU PR link.

KKR(PBR332) to acquire 100% equity in UK’s gas & electric smartmeters provider Calvin Capital, has contracts for 8+ million smartmeters. $KKR PR link.

Genesco(PBR702) selling its SureGrip Footwear subsidiary to Shoes for Crews, terms not disclosed. $GCO PR link.

Equinix(PBR793) to acquire 24 Verizon(PBR15 $VZ) data centers in North/South America for $3.6 billion cash. $EQIX PR link.

MasterCard(PBR291) authorizes new $4.0 billion share repurchase program, to start upon completion of current $4.0 billion program. $MA PR link.

Alaska Air(PBR454) gets Justice Department approval for $4.0 billion acquisition of Virgin America. $ALK PR link.

Roper Technologies(PBR614) to acquire 22,000 clients global project management software/information solutions provider Deltek for $2.8 billion cash. $ROP PR link.

Kroger(PBR20) group VP/Chief Digital Officer Kevin Dougherty retiring on 01/27/17, Yael Cosset hired as successor. $KR PR link.

Avnet(PBR100) hires Kevin Summers as chief information officer. $AVT PR link.

American Electric Power(PBR174) announces organizational and several executive leadership changes to be effective 01/01/17. $AEP PR link.

The US Dept of Commerce estimates US October Exports YTD at $1.836 trillion, Imports $2.245 trillion, Deficit $409 billion. USDOC PR link.

The US Dept of Commerce estimates US October Manufacturing New Orders at $469.5 billion, +2.8% from September, +1.3% from October 2015. USDOC PR link.

The US Dept of Labor estimates US 3Q16 Labor Productivity was +3.5% annual rate from 2Q16, 2Q16 was -0.4%, 3Q15 +2.3%. USDOL PR link.

PurdueU/CME US Nov Ag Barometer Composite Index at 116, October was 92, November 2015 97. PurdueU PR link.

Monday, December 5:

Chesapeake Energy(PBR131) to sell first of two Haynesville shale acreage positions for $450 million; $2 billion in divestitures in 2016. $CHK PR link.

Energy Transfer Partners & Sunoco Logistics(PBR158 $SON) respond to US Army’s Dakota Access Pipeline decision to not allow easement. $ETP PR link.

General Mills(PBR162) to reorganize into 4 global business groups, leadership announced, starts 01/01/17. $GIS PR link.

SuperValu(PBR164) completes $1.365 billion sale of Save-A-Lot business to Canada’s Onex Corp(TSX: OCX). $SVU PR link.

Centene(PBR177) Health-Net members get access to Tenet Healthcare(PBR161) services in 18 states in 3 year deal. $THC PR link.

Hilton Worldwide(PBR262) to spin-off of Park Hotels & Resorts and Hilton Grand Vacations as independent public companies; 1:3 reverse stock split scheduled for 01/03/17. $HLT PR link.

Caesars Entertainment(PBR314), Caesars Entertainment Operating Co get 90% approval vote by creditors, confirmation hearing scheduled for 01/17/17. $CZR PR link.

FMC Technologies(PBR334) & France based Technip(EUROnext: TEC) shareholders approve $13 billion merger, to close early 2017. $FTI PR link.

Under Armour(PBR668) gets its first professional league uniform deal with exclusive 10 year partnership with Fanatics & Major League Baseball, starts in 2020. $UA PR link.

WABCO(PBR704) authorizes new $600 million share buyback program. $WBC PR link.

Vornado(PBR Realty Trust(PBR738) completes $400 million refinancing of 350 Park Avenue realizing $111 million of net proceeds. $VNO PR link.

Domino’s Pizza(PBR889) 59 Phoenix area stores to hire 300 new team members. $DPZ PR link.

Viacom(PBR212) promotes Tom Gorke to EVP/Content Distribution, succeeds leaving Denise Denson. $VIA PR link.

LPL Financial(PBR543) president Dan Arnold to also be CEO upon retirement of Mark Casady on 01/03/17. $LPLA PR link.

Fortune Brands(PBR569) hires Tracey Belcourt as SVP/Global Growth & Development. $FBHS PR link.

ISM US November Non-Manufacturing Index at 57.2%, October was 54.8%, September 57.1%. ISM PR link.

Markit US November Final Composite PMI Output Index at 54.9, October was 54.9, September 52.3. Markit PR link.

Wearables Market: IDC says fitness trackers in the lead as wearables market grows 3.1% to 23 million shipped units in 3Q2016, Fitbit(PBR870 $FIT) leads with 5.3 million. IDC PR link.

Friday, December 2:

The PBRMarketTools Week Ending 12/02/16 US Stock Exchanges Recap:
DJIA ends week at 19,170.42, +0.10% from last Friday, +0.24% MTD, +4.71% QTD, +10.02% YTD, -0.11% from record 19,191.93 on 12/01/16.
NASDAQ ends week at 5,255.65, -2.65% from last Friday, -1.28% MTD, -1.06% QTD, +4.96% YTD, -2.65% from record 5,398.92 on 11/25/16.
SPX ends week at 2,191.95, -0.97% from last Friday, -0.31% MTD, +1.09% QTD, +7.24% YTD, -0.97% from record 2,213.35 on 11/25/16.

Allergan(PBR219)‘s ulcerative colitis therapy DELZICOL® (mesalamine) patent to expire 04/13/20 per settlement agreement. $AGN PR link.

Teleflex(PBR923) to acquire medical devices developer Vascular Solutions(NASDAQ: VASC) for 56.00/share, $1 billion cash. $TFX PR link.

Delta Air Lines(PBR72) announces Ned Walker returning as Chief Communications Officer, succeeds leaving Kevin Shinkle. $DALPR link.

Xerox(PBR144) hires Bill Osborne as CFO starting 12/05/16 after spinoff of Conduent, succeeds retiring Leslie Varon. $XRX PR link.

Stanley Black & Decker(PBR249) appoints lead independent director George Buckley board chairman starting 01/01/17, succeeds retiring John Lundgren. $SWK PR link.

The US Dept of Labor says US November Number People Employed at 152.085 million, +160,000 from October, +2.641 million from November 2015. USDOL PR link.

Thursday, December 1:

The PBR1000 November Snapshot 11
Top 5 Stock Price Gainers Summary:

1. FreddieMac(PBR43), $FMCC, +175%
2. FannieMae(PBR18), $FNMA, +164%
3. AK Steel(PBR354), $AKS, +76%
4. US Steel(PBR227), $X, +67%
5. Cliffs Natural Resources(PBR832), $CLF, +60%

Range: +175% to -41%
Companies >+0%: 764/1,000
Average: +6.45%
Median: +7.42%

Get the full Snapshot 11 list with more details and the 14 other analytical snapshots with a 2 month or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Penske Automotive(PBR170) to acquire 5 locations $350 million/year Pennsylvania based used vehicles retailer CarSense. $PAG PR link.

Parker-Hannifin(PBR218) to acquire filtration company CLARCOR(PBR983 $CLC) for $83.00/share, $4.3 billion cash, includes debt. $PH PR link.

PVH(PBR328) forms joint venture with Grupo Axo for additional brands distribution in Mexico. $PVH PR link.

Calpine Corp(PBR330) completes $900 million acquisition of largest US independent power suppier to commercial/industrial retail customers Noble Americas Energy Solutions. $CPN PR link.

Weyerhauser(PBR355) completes $2.2 billion cash sale of Cellulose Fibers pulp mills to International Paper(PBR117 $IP). $WY PR link.

Celanese(PBR369) completes acquisition of Italy based 550 employees independent global thermoplastics compounder S.O.F.TER Group. $CE PR link.

CA Technologies(PBR550) to acquire Austria based 600 employees business automation software provider Automic for around $640 million. $CA PR link.

Danaher(PBR137) promotes Rainer Blair to EVP/Life Sciences, starts 01/01/17. $DHR PR link.

Progressive Corp(PBR145) promotes Lori Niederst to Chief Human Resources Officer, succeeds retiring Valerie Krasowski. $PGR PR link.

Starbucks(PBR178) chairman/CEO Howard Schultz to become executive chairman on 04/03/17, president/COO Kevin Johnson to be president/CEO. $SBUX PR link.

Texas Instruments(PBR220) promotes Rafael Lizardi to CFO starting 02/01/17, succeeds retiring Kevin March. $TXN PR link.

Avon Products(PBR303) hires Jamie Wilson as EVP/CFO starting 01/01/17, COO/CFO James Scully to remain COO. $AVP PR link.

The US Dept of Commerce estimates US October Total Construction Spending Annual Rate at $1.173 trillion, +0.5% from September, +4.4% from October 2015. USDOC PR link.

The November Manufacturing ISM Report on Business PMI Index at 53.2%, October was 51.9%, September 51.5%. ISM PR link.

The November Markit US Manufacturing PMI at 54.1, October was 53.4, September 51.5. Markit PR link.

TrueCar says November New Auto Average Transaction Price at $32,667, -1.9% from November 2015. TrueCar PR link.

Automotive News says US November New Auto Sales Units at 1,378,635, +3.6% from November 2015, Annual Rate at 17.83M. Automotive News PR link.

(The PBR1000 is the premiere business intelligence service covering over 1,000 of the largest publicly held companies with principle or administration headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to The PBR1000 subscribers. Users worldwide include C-level executives, entrepreneurs,  sales/marketing/advertising professionals, investors/investment advisors, business professors/students, human resources/career counselors/job seekers, federal/state/local government agencies, social causes organizations, to name just a few. To order your monthly or significantly discounted annual subscription, just go to the PBRMarketTools.com Subscribe page.)

(Photo courtesy of Stuart Miles, FreeDigitalPhotos.net)

Copyright © 2017 by Pax Business Resources, LLC, Tucson, AZ, USA, All Rights Reserved.

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The PBR1000 November 2016 Stocks/Commodities Snapshots

December 19, 2016 by

November 2016: The Surprise Trump Bump

ID-100106700 Christmas Stock Market-imagerymajestic

The Trump Bump has been a nice Christmas gift for stock investors.

By Larry C. Paxton

The first part of November continued the downward trend of the last week of October for the US stock exchanges. The US presidential race was taking its toll on the public and investors with two very unpopular candidates leading the charge by lobbing huge questionable accusations at each other and making seemingly impossible promises. 

As if in a sigh of relief that it was about to be over all 3 major US stock exchanges recorded a 2+% gain the day before the election. The day of the election there was a .4-.5% gain. As polls closed and results tallied the improbable path to victory for Donald J Trump became a reality, and we now have elected our 45th US President. The next day there was another upward spike of over 1%, then mostly positive and record days during the rest of the month.

Here are some November summaries on the US stock exchanges:

Number of Trading Days: 21

Number of Gain(+)/Loss(-) Days: DJIA 14+, 7-; NASDAQ 15+, 6-; SPX 11+, 10-.

Record Days: DJIA 8, NASDAQ 3, SPX 4

Gain Streaks: DJIA 7, NASDAQ 3, SPX 4

Loss Streaks: DJIA 7(includes 3 days from October), NASDAQ 9(includes 5 from October), SPX 9(includes 5 from October)

Big Swing Up Days: 11/07/16(day before election), 11/09/16(day after election)

Big Swing Down Days: Streak of 7-9 down days in late October/early November before the election, 11/28/16(Monday after Thanksgiving Weekend with Black Friday shopping day)

The following are Top 5 partial tables excerpts from The PBR1000 November Snapshots. The stock price is for the close of trading on November 30th, Month % Chg is compared to October 31st, YTD % Chg is compared to December 31, 2015, and the 23 Months % Chg is compared to December 31, 2014.

To get the complete The PBR1000 Snapshots  just click here to get your 2 month or significantly discounted 13 month subscription and automatically download the November 2016 edition with the complete 15 Snapshots.

Table 1(S11): The PBR1000 Top 5 Month Stock Price % Gainers

Table 1 Summary: The range was +175% to -41%. 764 out of 1,000 stock prices were up 0.00% or more. The average was a gain of 6.45%, the median was a gain of 7.42%.

Company PBR
Rank		 Symbol Price
11/30/16		 Mo
% Chg		 YTD
% Chg		 23 Mos
% Chg
FreddieMac
 43 FMCC 4.40 +175 +172 +114
FannieMae
 18 FNMA 4.49 +164 +174 +118
AK Steel
 353 AKS 9.13 +76 +308 +54
US Steel
 229 X 32.34 +67 +305 +21
Cliffs Natural Resources
 830 CLF 8.81 +60 +458 +23

 

Table 2(S12): The PBR1000 Top 5 Year-To-Date Stock Price % Gainers

Table 2 Summary: The range was +458% to -80%. 715 out of 1,000 stock prices were up 0.00% or more. The average was a gain of 11.0%. The median was a gain of 12.2%.

Company PBR
Rank		 Symbol Price
11/31/16		 Mo
% Chg		 YTD
% Chg		 23 Mos
% Chg
Cliffs Natural Resources
 830 CLF 8.81 +60 +458 +23
AK Steel
 353 AKS 9.13 +76 +308 +54
US Steel
 229 X 32.34 +67 +305 +21
Navistar
 264 NAV 30.76 +38 +248 -8
SunCoke Energy
 949 SXC 11.42 +12 +229 -41

 

Table 3(S13): The PBR1000 Top 5 23 Months Stock Price % Gainers

Table 3 Summary: Range was +360% to -90%. 555 out of 1,000 stock prices were up 0.00% or more. The average was a gain of 5.2%. The median was a gain of 4.1%.

Company PBR
Rank		 Symbol Price
11/30/15		 Mo
% Chg		 YTD
% Chg		 23 Mos
% Chg
NVIDIA
 452 NVDA 92.20 +30 +180 +360
AMD 533 AMD 8.91 +23 +210 +234
SkyWest 634 SKYW
 36.85 +22 +94 +177
Amazon 20 AMZN 750.57 -5 +11 +142
Netflix
 350 NFLX 117.00 -6 +2 +140

 

Table 4(S15): The PBR1000 Top 5 Market Capitalization

Table 4 Summary: Range was $589.33 billion to $0.00 billion. The average is $21.46 billion, median is $6.90 billion, out of 1,000 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
11/30/16		 Mo
% Chg		 YTD
% Chg		 23 Mos
% Chg
Apple
 3 AAPL 589.33 -2.7 +0.4 -8.8
Alphabet
 34 GOOG 522.47 -3.4 +0.1 +46.3
Microsoft
 31 MSFT 468.54 +0.6 +5.7 +22.4
Berkshire Hathaway
 148 BRK 388.83 +9.5 +19.5 +7.5
ExxonMobil 20 XOM 362.01 +4.8 +4.8 -7.5
The PBR1000
   21,459.34 +3.9 +6.8 +4.6

 

Table 5: The PBR1000 Index & Selected Stock Exchanges/Commodities

Company Price
11/30/16		 Mo
% Chg		 YTD
% Chg		 23 Mos
% Chg
The PBR1000 73,677.40 +6.5 +11.0 +5.2
DJIA 19,123.58 +5.4 +9.8 +7.3
NASDAQ 5,323.68 +2.6 +6.3 +12.4
S&P500 2,198.81 +3.4 +7.6 +6.8
GOLD 1,173.90 -8.1 +10.7 -0.9
SILVER 16.48 -8.0 +19.4 +5.6
OIL 49.44 +5.3 +33.5 -7.2

 

Have questions on The PBR1000 or The PBR US Economic Indices Monthly Snapshots? Please contact us at Sales@PBRMarketTools.com or call us in the US at 520-282-4100.

Don’t forget to follow us on Twitter at @ThePBR1000.

(The PBR1000 provides astute investors and business professionals with the data, news, and analysis for taking higher probability of success actions. The PBR1000 covers over 1,000 of the largest publicly held companies with principle or administrative headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to Subscribers of The PBR1000. Subscribers include C-level executives, entrepreneurs, sales/marketing/advertising professionals, investors/investment advisers, business professors/students, career counselors/job seekers, to name just a few. To order your monthly or significantly discounted annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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Filed Under: Snapshots Tagged With: , , , , , , , , , , , ,

The PBR1000 November 2016 Breaking News Recap

December 4, 2016 by

November 2016: Now What?

djt-pence-2

Congratulations to President-Elect Donald Trump and Vice-President Elect Mike Pence. Let’s Make America Even Greater!


By Larry C. Paxton

On the evening of Tuesday, November 8th, after a long, laborious, and vitriolic 2016 US Presidential campaign between two unpopular candidates, Americans and people around the world turned on their TVs and surfed the internet on their various devices to follow what most believed would be a narrow popular vote and wide margin Electoral College win by Hillary Clinton. But as the evening unfolded it became apparent that maybe pollsters had somehow missed their marks. The impossible path to victory for businessman Donald J. Trump slowly became somehow maybe possible, gained momentum, then became shockingly probable. In the early hours of November 9th it became clear that Trump had won the Electoral College vote and was now President-Elect.  On top of that, unexpectedly the Senate and House maintained their Republican majorities. It was a most improbable and unexpected result. For several days there was chaos as the media interviewed anyone and everyone, it was analyzed and reported on in every possible way, and to this day there is still a sense of dismay by many.

The stock market made a good run and broke records, but why? Is it a sense of optimism, or a relief that the event is done, resolved, and that we can now move on?

Now what?

By the end of November there was a sense of acceptance, a general spirit of cooperativeness, and willingness to see how this unconventional President-Elect proceeds. Trump was starting to form his cabinet and make appointees. There have been and will continue to be controversies, gaffs, and some turmoil.

The Trump presidency promises to be different, at times be unpredictable, will move faster, be more emotional, cause higher ups and deeper downs, will test Americans, world leaders, and people and institutions globally in ways we cannot foresee.

Will there really be massive deportations of illegal immigrants, a longer taller border wall paid for by Mexico, tearing up of trade agreements, a slew of new conservative Supreme Court justices? Can corporate tax rates and government regulations be significantly reduced and yet the economy improve? Is there really the money and peoplepower available for major infrastructure projects? Can good manufacturing jobs really return to the US and companies remain profitable? Can the middle class be built up, poverty be greatly reduced, and income inequality become an issue of the past? Will coal become the energy king again and renewable energy stagnate? What will now be our policies on climate change? Time will tell, and this is just a partial list.

You can predict that there will be some plausible but not provable conspiracy theories, continued true and untrue revelations on character flaws, and that Saturday Night Live will have a treasure lode of new hilarious weekly skits.

But there is also an excitement and hope that it all go well, that President Trump be given his fair chance to move the United States of America forward in a way that keeps it the greatest, most influential, admired, and maybe even appreciated country on the planet.

Americans need to come together to be supportive and at the same time be vigilant. It is a fine balancing act that needs our thoughts, prayers, communications, and appropriate actions.

While the election was the big news, the world of business did not stop. Here’s the quick November 2016 summary on key activities that relate to The PBR1000:

US Presidency:  Donald J. Trump is the US President-Elect, to be inaugurated as the 45th President of the United States on Friday, January 20, 2017.

Mergers & Acquisitions: 25 deals worth over $1 billion initiated, closed, or updated. Total transaction value is $136 billion.

Restructurings/Spinoffs: 5

Share Repurchase Programs: 20 announced, total $54 billion

Bankruptcies: 0

CEO Changes: 10 announced.

Jobs: Tepid growth

US Economy: Modest/moderate growth continues, stable but fragile, significant growth in eCommerce, retail outlets down.

Federal Reserve Federal Funds Rate Changes: 0, remains at 0.25-0.50%, meeting mid December.

International: Brexit, oil price fluctuations, Middle East conflicts, refugee crisis, N Korea nuclear/missile tests, Cuba’s Fidel Castro’s death, upcoming European elections, climate change, new US president were the headliners.

For more details here are The PBR1000 corporate and economic related breaking news items of interest with hotlinks to the sources for November 2016, starting with the last active business day.

Wednesday, November 30:

The PBRMarketTools End of November US Stock Exchanges Recap:
DJIA ends November at 19,123.58, -0.15% from last Friday, +5.41% MTD, +4.45% QTD, +9.75% YTD, -0.15% from record 19,152.14 on 11/25/16.
NASDAQ ends November at 5,323.68, -1.39% from last Friday, +2.59% MTD, +0.22% QTD, +6.32% YTD, -1.39% from record 5,398.92 on 11/25/16.
SPX ends November at 2,198.81, -0.66% from last Friday, +3.42% MTD, +1.41 QTD, +7.58% YTD, -0.66% from record 2,213.35 on 11/25/16.

Tesla(PBR651 $TSLA) wins right to operate dealerships in Richmond, Va. MarketWatch PR link.

Synopsys(PBR879) completes acquisitions of technology security services providers Cigital and its spinoff Codiscope. $SNPS PR link.

GoPro(PBR1010) says Black Friday sales up 35% YoY, closing entertainment division, reducing workforce by 15%, president Tony Bates leaving. $GPRO PR link.

McCormick(PBR552) president/CEO Lawrence Kurzius to also be chairman up retirement of Alan Wilson on 01/31/17. $MKC PR link.

The US Dept of Treasury says 11/29/16 US Public Debt at $14.431 trillion, Government $5.499 trillion, Total $19.930 trillion, +5.9% YTD. Treasury PR link.

The US Federal Reserve Board releases Beige Book for period ending 11/18/16, reports mostly modest to moderate growth. FRB PR link.

The US Dept of Commerce estimates US October Total Personal Income Annual Rate at $16.260 trillion, Taxes $2.009 trillion, effective Tax Rate 12.35%. USDOC PR link.

The US Energy Information Administration says US Crude Oil Stocks on 11/25/16 were 488.1 million barrels, +4.3% from 10/21/16, +7.0% from 11/20/15. EIA PR link.

ADP(PBR235) says US November Employment +216,000 jobs from October, +228,000 from services, -11,000 from goods sectors. $ADP PR link.

ISM reports November MNI Chicago Business Barometer(50=Neutral) at 57.6, October was 50.6, September 54.2. ISM/MNI PR link.

American Automobile Assn says 11/30/16 US National Regular Gas Average/Gallon at $2.150, 10/31/16 was $2.210, 11/30/15 $2.038. AAA PR link.

OPEC members agree to cut oil production by 1.2 million barrels/day to 32.5 million barrels/day. MarketWatch PR link.

Tuesday, November 29:

AT&T(PBR12) DirecTV NOW streaming service available 11/30/16, $35/mo for 60+ channels to $70/mo for 120+ channels options. $T PR link.

Medtronic(PBR133) first to receive European approval for less-invasive HVAD® implant procedure. $MDT PR link.

Cognizant(PBR272) to acquire digital marketing/customer experience Netherland’s based 260 person agency Mirabeau BV. $CTSH PR link.

Pilgrim’s Pride(PBR310) to acquire Upper Midwest premium branded chicken products GNP Company for $350 million cash. $PPC PR link.

KKR(PBR332) to be majority shareholder in Sweden based 9,500 employees $990 million/yr beds/mattresses provider Hilder Anders. $KKR PR link.

McCormick(PBR552) to acquire Italian $56 million/yr flavor manufacturer Enrico Giotti SpAfor $127 million. $MKC PR link.

Sonoco Products(PBR480) promotes Rob Tiede to EVP/COO, other senior leadership promotions announced. $SON PR link.

The US Dept of Commerce 2nd Estimate 3Q16 Gross Domestic Product was 3.2%, $18.658 trillion, +1.1% from 2Q16, +2.84% from 3Q15. USDOC PR link.

The Conference Board November Consumer Confidence Index(1985=100) at 107.1, October was 100.8. TCB PR link.

S&P/CoreLogic/Case-Shiller September National Home Price Index(2000=100) at 184.80, Aug 184.12, Sept 2015 175.23. Case-Shiller PR link.

Adobe(PBR557) says Cyber Monday Online Sales at record $3.39 billion, +10.2% from 2015, Black Friday did $3.34 billion. $ADBE PR link.

Monday, November 28:

Allstate(PBR84) to acquire consumer protection plan provider SquareTrade for $1.4 billion. $ALL PR link.

Mylan(PBR346) Signs Sub-license Agreement with the Medicines Patent Pool to Increase Access to Hepatitis C Treatment in Developing Countries. $MYL PR link.

Under Armour(PBR668) changing Class A shares trading symbol from UA to UAA, Class C from UA.C to UA starting 12/07/16. $UA PR link.

Edwards Lifesciences(PBR819) to acquire Israel based private Valtech Cardio for $340 million plus up to $350 million over 10 years; authorizes up to an additional $1 billion in stock repurchase program, balance is $1.277 billion. $EW PR link.

Verisk Analytics(PBR943) acquires property/casualty insurance market intelligence data and analytics firm MarketStance. $VRSK PR link.

AMSURG(PBR945) & Envision Healthcare(NYSE: $EVHC) stockholders approve $15 billion merger, to be effective 12/01/16. $AMSG PR link.

Juniper Networks(PBR516) hires Terese Kemble as Chief Human Resources Officer. $JNPR PR link.

HSN(PBR609) hires Ron Little as CFO starting 01/03/17. $HSNI PR link.

Friday, November 25:

The PBRMarketTools Week Ending 11/25/16 US Stock Exchanges Recap:
DJIA ends week at 19,152.14, +1.51% from last Friday, +5.57% MTD, +4.61% QTD, +9.91% YTD, +0.00% from record 19,152.14 on 11/25/16.
NASDAQ ends week at 5,398.92, +1.45% from last Friday, +4.04% MTD, +1.64% QTD, +7.82% YTD, +0.00% from record 5,398.92 on 11/25/16.
SPX ends week at 2,213.35, +1.44% from last Friday, +4.10% MTD, +2.08% QTD, +8.29% YTD, +0.00% from record 2,213.35 on 11/25/16.

Economic Inequality: Global wealth study reveals ‘shockingly’ high levels of economic inequality. MarketWatch PR link.

International News: Longtime Cuban leader Fidel Castro dies at age 90.

Thursday, November 24:

***Happy & Blessed Thanksgiving!***
Let’s give thanks for our courageous forefathers, for the many freedoms we enjoy, for family and friends, for the safe food and water that sustains us,and pray for peace in the world.

Wednesday, November 23:

Merck(PBR70) and Sanofi Pasteur to end joint vaccines operations in Europe on 12/31/16. $MRK PR link.

Freeport-McMoRan(PBR128) completes at-the-market common stock offering, raises $1.5 billion on sale of 116.5 million shares since 07/28/16. $FCX PR link.

Eli Lilly(PBR142) says solanezumab for mild dementia due to Alzheimer’s disease phase 3 study did not meet primary endpoint. $LLY PR link.

Bed Bath & Beyond(PBR240) acquires PersonalizationMall.com for $190 million cash. $BBBY PR link.

FMC Technologies(PBR334) & France based Technip(EUROnext: TEC) get EU clearance for $13 billion merger, special stockholders meetings set for 12/05/16. $FTI PR link.

SPX(PBR506) to sell European Power Generation Business to Germany based mutares AG by 12/31/16. $SPXC PR link.

The Federal Reserve Board releases the FOMC minutes from 11/01-02/16 meeting, expects economy to grow at moderate pace, labor market to strengthen. FRB PR link.

The US Dept of Labor says 11/19/16 Unemployment Insurance Weekly Claims at 251,000, -0.8% from 10/22/16, -7.4% from 11/25/15. USDOL PR link.

The US Dept of HUD estimates US October Median Home Price at $304,500, -3.1% from September, +1.9% from October 2015. HUD PR link.

FreddieMac(PBR41) says 11/23/16 Average 30 Year Fixed Mortgage Rate at 4.03%, 10/27/16 was 3.47%, 11/25/15 was 3.95%. $FMCC PR link.

The University of Michigan US Final November Consumer Sentiment Index at 93.8, October was 87.2, November 2015 91.3. UMich PR link.

Tuesday, November 22:

Amazon(PBR29) to open third Nevada fulfillment center in N Las Vegas, will have 800,000 sf, create 1,000 jobs. $AMZN PR link.

Allergan(PBR219) gets FDA clearance for XEN® Gel Stent, new surgical treatment for refractory glaucoma. $AGN PR link.

Allergan(PBR219) acquires Chase Pharmaceuticals to expand CNS R&D pipeline and build on commitment to Alzheimer’s Disease. $AGN PR link.

KKR(PBR332) to acquire Nissan‘s 41% share of Japanese automotive components manufacturer Calsonic Kansei Corp. $KKR PR link.

Dr Pepper Snapple(PBR406) to acquire antioxidant infused beverages provider Bai Brands for $1.7 billion cash. $DPS PR link.

Lithia Motors(PBR451) acquires $90 million/year Honolulu, HI, Ford store. $LAD PR link.

The Federal Reserve Bank of Richmondsays 5th District October Manufacturing Index at 4, September was -4, August -8. RichmondFed PR link.

The National Assn of Realtors says US October Existing Home Sales Annual Rateat 5.6 million, +2% from September, +5.9% from October 2015 NAR PR link.

Monday, November 21:

AT&T(PBR12), DISH(PBR196) and WPP to acquire TV addessable advertising provider INVIDI, operate it together. $T PR link.

CitiGroup(PBR28) to add up to $1.75 billion to stock repurchase program, balance is up to $10.35 billion. $C PR link.

Johnson & Johnson(PBR37) Janssen Biotech unit gets FDA approval for DARZALEXas additional multiple myeloma therapy. $JNJ PR link.

Oracle(PBR78) acquires cloud-based 3,500 enterprise customers Internet performance/DNS provider Dyn. $ORCL PR link.

Sunoco Logistics(PBR158) to acquire Energy Transfer Partners(NYSE: ETP) for $21 billion in all stock deal. $SXL PR link.

Monsanto(PBR187) subsidiary The Climate Corporation acquires Estonia based VitalFields to expand digital agriculture innovation for European farmers. $MON PR link.

Constellation Brands(PBR377) authorizes new up to $1 billion share repurchase program, current $1 billion plan still in effect. $STZ PR link.

Symantec(PBR385) to acquire LifeLock(NYSE: LOCK) for $24/share, $2.3 billion to form world’s largest digital safety platform for consumers. $SYMC PR link.

Coty(PBR524) completes $510 million cash acquisition of UK high-end hairstyling appliances provider ghd. $COTY PR link.

Varian Medical(PBR678) authorizes 8 million stock repurchase plan starting 01/01/17, 4 million shares remain from 2016 authorization. $VAR PR link.

Boeing(PBR27) hires Kevin McAllister as president/CEO of Commercial Airplanes, promotes Stanley Deal to president/CEO of new Global Services unit. $BA PR link.

Tyson Foods(PBR80) president Tom Hayes to add CEO role with retirement of Donnie Smith on 12/31/16. $TSN PR link.

Barnes & Noble(PBR408) hires Demos Parneros as COO. $BKS PR link.

The October Chicago Fed National Activity Index at -0.08, September was -0.23, October 2015 -0.16. ChiFed PR link.

Friday, November 18:

The PBR1000 Week Ending 11/18/16 US Stock Exchanges Recap:
DJIA ends week at 18,867.93, +0.11% from last Friday, +4.00% MTD, +3.06% QTD, +8.28% YTD, -0.29% from record 18,923.06 on 11/15/16.
NASDAQ ends week at 5,321.51, +1.61% from last Friday, +2.55% MTD, +0.18% QTD, +6.27% YTD, -0.34% from record 5,339.52 on 09/22/16.
SPX ends week at 2,181.90, +0.81% from last Friday, +2.62% MTD, +0.63% QTD, +6.75% YTD, -0.38% from record 2,190.15 on 08/15/16.

Raytheon(PBR118) to add 2,000 jobs over 5 years to its 10,000 employees Missile Systems headquarters in Tucson, AZ. $RTN PR link.

Facebook(PBR228) authorizes up to $6.0 billion shares repurchase program, no deadline. $FB PR link.

Dana(PBR382) to acquire 80% of power-transmission, fluid power businesses of Europe’s Brevini Group SpA, to buy remaining 20% by 2020. $DAN PR link.

Southern Co(PBR155) hires Nancy Sykes as Chief Human Resources Officer. $SO PR link.

DSW(PBR778) SVP & interim CFO Jared Poff now officially SVP/CFO. $DSW PR link.

The Conference Board says US October Leading Economic Indicator at 124.5(2010=100), September was 124.4, August 124.1. TCB PR link.

Thursday, November 17:

JPMorgan Chase(PBR21) to pay $264 million fine to settle charges of corrupt hiring practices in Asia. MarketWatch PR link.

Tesoro(PBR71) to acquire Western Refining(PBR193 $WNR) in $37.30/share all stock deal, $6.4 billion transaction. $TSO PR link.

Community Health System(PBR125) selling Spokane, WA, area Rockwood Health Systemfor $425 million cash. $CYH PR link.

Southern Co(PBR155) subsidiary acquires controlling interest from SunPower(PBR680 $SPWR) in the 100 MW Boulder Solar I Facility near Las Vegas, NV. $SO PR link.

Wellcare Health Plans(PBR221) to acquire Universal American(PBR882 $UAM) for $10.00/share, $600 million cash. $WCG PR link.

Fiserv(PBR474) adds 15 million shares to current shares repurchase program. $FISV PR link.

Snap-On(PBR641) acquires $10 million/yr mechanical & electronic torque wrench provider Sturtevant Richmont for $13 million cash. $SNA PR link.

Tesla(PBR651 $TSLA), SolarCity($SCTY)shareholders approve $25.83/share, $2.6 billion merger. MarketWatch PR link.

Analog Devices(PBR701) acquires solid state laser beam steering technology from Vescent Photonics. $ADI PR link.

New York Times(PBR971) adds 41,000 net new subscribers in the week following the 11/08/16 US Election Day. $NYT PR link.

Allscripts(PBR1014) authorizes new $200 million shares repurchase program. $MDRX PR link.

HRG Group(PBR420) president/CEO Omar Asali leaving in 2H2017 fiscal year to start a long term investment company. $HRG PR link.

Molson Coors(PBR558) promotes Tracey Joubert to CFO, succeeds Mauricio Restrepo who has resigned. $TAP PR link.

TripAdvisor(PBR928) Viator unit CEO Barrie Seidenberg resigns, Dermot Halpin gets expanded role as president of global vacation rentals & attractions divisions. $TRIP PR link.

The US Dept of Labor says US October All Items Consumer Price Index at +0.4%, September +0.3%, Annual +1.6%. USDOL PR link.

The US Dept of Commerce estimates US October Housing Permits Issued Annual Rate at 1.229 million, +0.3% from September, +4.6% from October 2015. USDOC PR link.

The US Dept of Labor estimates US October Average Worker Earnings/Hr at $25.92, +0.39% from September, +2.9% from October 2015. USDOL PR link.

The Federal Reserve Bank of Philadelphiasays November Manufacturing General Activity Indicator at 7.6, October was 9.7, September 12.8. PhillyFed PR link.

Wednesday, November 16:

Freeport-McMoRan(PBR128) completes $2.65 billion cash sale of 70% interest in mining company TF Holdings to China Molybdenum. $FCX PR link.

First Solar(PBR630) expects 3GW of Series 6 production in 2019, reducing workforce, taking $500+ million restructuring charge. $FSLR PR link.

Allison Transmission(PBR865) to complete $500 million stock repurchase program by 12/31/16, authorizes new up to $1 billion program through 12/31/19. $ALSN PR link.

Republic Airways(PBR1015) files Plan of Reorganization, intends to emerge from Chapter 11 in 1Q2017. $RJETQ PR link.

BOK Financial(PBR1021) gets approval to acquire $578 million in assets MTB Bancshares for $102.5 million, expects to close on 11/30/16. $BOKF PR link.

HCA(PBR75) COO Sam Hazen now also president. $HCA PR link.

Gilead Sciences(PBR107) promotes Jim Myers to EVP/Worldwide Commercial Operations. $GILD PR link.

Kimberly-Clark(PBR141) promotes Michael Hsu to president/COO, adds international leaders to senior executive team. $KMB PR link.

The US Dept of Labor says US October Total Final Demand Producer Price Index at +0.0%, September was +0.3%, August +0.0%. USDOL PR link.

The US Federal Reserve Board estimates US October Industrial Production % of Capacityat 75.3%, September was 75.4%, August 75.6%. FRB PR link.

FreddieMac’s November Insight addresses 3 long term trends: income inequality, housing land costs, and increasing land use restrictions. $FMCC PR link.

The Natl Assn of Home Builders says US November Natl Housing Market Index at 63, October was 63, November 2015 was 62. FRB PR link.

Tuesday, November 15:

Viacom(PBR212) acquires Televisión Federal S.A. (Telefe) in Argentina from Telefónica S.A.for $345 million. $VIA PR link.

Biogen(PBR282) spin-off of hemophilia business Bioverativ on track for early 2017, chief therapeutics operations officer & CFO named. $BIIB PR link.

Avis Budget(PBR316) forms partnership with world’s largest mobile transportation platform, China’s Didi Chuxing, for car rental services globally. $CAR PR link.

Telephone & Data Sys(PBR482) subsidiary TDS acquires S Utah’s InterLinx Communications with its 170 miles of fiber optic transport. $TDS PR link.

La-Z-Boy(PBR916) acquires La-Z-Boy brand license from UK licensee Furnico, buys 9 independent operator La-Z-Boy Furniture Galleries in NE US. $LZB PR link.

Finish Line(PBR927) evaluating strategic alternatives, including a possible sale, of its specialty running store chain JackRabbit. $FINL PR link.

Gap Inc(PBR179) hires Teri List-Stoll as CFO starting 01/17/16, succeeds leaving Sabrina Simmons. $GPS PR link.

Buffalo Wild Wings(PBR981) hires Santiago Abraham as Chief Information Officer. $BWLD PR link.

The US Dept of Commerce estimates US September Mfrs/Retail/Wholesale Sales at $1.315 trillion, +0.7% from August, +0.8% from September 2015. USDOC PR link.

The US Dept of Commerce estimates US October Retail+Food/Drinking Places Salesat $465.9 billion, +0.8% from September, +4.3% from October 2015. USDOC PR link.

The US Dept of Labor estimates US October Import Price Index at +0.5%, Exports +0.2%, Imports YoY -0.2%, Exports YoY -1.1%. USDOL PR link.

The NY Federal Reserve Bank November Empire State Manufacturing General Business Conditions Index at 1.5, +8.3 from October, +11.6 from November 2015. NYFed PR link.

Retail: Online retailers tighten vice grip on department stores. MarketWatch PR link.

Logistics: UPS(PBR47) expects holiday deliveries to rise to a record of over 700 million packages. MarketWatch PR link.

Logistics: US Post Office expects holiday deliveries to jump to 750 million packages. MarketWatch PR link.

Monday, November 14:

GE(PBR9) Digital unit acquires cloud-based field service management solutions provider ServiceMax for $915 million. $GE PR link.

Amazon(PBR29) Home Services expands into 20 more US markets. $AMZN PR link.

Microsoft(PBR31) in 2 deals purchases 237 MW of wind energy, has now purchased over 500 MW. $MSFT PR link.

AIG(PBR46) selling Japan life insurance business to FWD Group, terms not disclosed. $AIG PR link.

HCA(PBR75) authorizes up to additional $2 billion for share repurchase program. $HCA PR link.

Avnet(PBR100) acquires 200,000 engineers, makers, and hobbyists online community Hackster. $AVT PR link.

Medtronic(PBR133) receives FDA approval for Claria MRI(TM) Quad Cardiac Resynchronization Therapy Defibrillator. $MDT PR link.

Estee Lauder(PBR255) to acquire prestige makeup millennials emphasis brand Too Facedfor $1.45 billion. $EL PR link.

Estee Lauder(PBR255) completes acquisition of wide range of skin tones cosmetics provider BECCA. $EL PR link.

Avis Budget(PBR316) adds $250 million to stock repurchase program, balance is now $400 million. $CAR PR link.

Enbridge(NYSE: ENB) special shareholders meeting set for 12/15/16 to vote on $28 billion acquisition of Spectra Energy(PBR422 $SE). $ENB PR link.

HARMAN Intl(PBR456) to be acquired by S Korea based Samsung Electronics(KRX: 005930) for $112.00/share, $8.0 billion cash. $HAR PR link.

NVIDIA(PBR510) teams with National Cancer Institute, US Dept of Energy to create CANDLE AI platform for accelerating cancer research. $NVDA PR link.

Cerner(PBR628) approves $500 million share repurchase program. $CERN PR link.

Ventas(PBR671) selling 36 skilled nursing fac ilities to operator Kindred Healthcare(PBR479 $KND) for $700 million, extends all Kindred’s long term acute care hospital leases to 2025. $VTR PR link.

Twitter(PBR787) gets a new 2.9 million shares purchase investment by hedge fund Jana Partners. $TWTR PR link.

Verisk Analytics(PBR943) acquires UK based large scale mapping/geospatial data provider GeoInformation Group. $VRSK PR link.

PG&E(PBR172) elects Geisha Williams as president/CEO, Tony Earley to executive chairman, Nick Stavropolous to president/COO, all effective 03/01/17. $PCG PR link.

MGM Resorts(PBR273) hires Aaron Fischer as SVP/Corporate Development. $MGM PR link.

NASDAQ(PBR618) president/COO Adena Friedman to be CEO on 01/01/17, to succeed Bob Greifeld who will become chairman. $NDAQ PR link.

HCP(PBR838) to promote CFO Tom Herzog to CEO & Chief Investment Officer Justin Hutchens to president on 01/01/17. $HCP PR link.

Friday, November 11:

***Veterans Day.***
Thank those who have served,
and those serving today,
who protect our country and its
precious hard fought for freedoms.

The PBRMarketTools Week Ending 11/11/16 US Stock Exchanges Recap:
DJIA ends week at 18,847.66, +5.36% from last Friday, +3.89% MTD, +2.95% QTD, +8.16% YTD, +0.00% from record 18,847.66 on 11/11/16.
NASDAQ ends week at 5,237.11, +3.78% from last Friday, +0.92% MTD, -1.41% QTD, +4.59% YTD, -1.92% from record 5,339.52 on 09/22/16.
SPX ends week at 2,164.45, +3.80% from last Friday, +1.80% MTD, -0.18% QTD, +5.90% YTD, -1.17% from record 2,190.15 on 08/15/16.

UPS(PBR47) to spend $196 million to expand by 260,000+ square feet & modernize Jacksonville, FL, hub. $UPS PR link.

Newmont Mining(PBR358) pours first gold at Nevada’s Long Canyon ahead of schedule and below budget. $NEM PR link.

Diebold(PBR676) finalizes 43.6% minority interest in banking & retail IT technologies joint venture with China’s Aisino Group. $DBD PR link.

Diebold(PBR676) finalizes 40% minority interest in ATM/kiosk services joint venture with China’s Inspur Group; Diebold to have exclusive rights outside China. $DBD PR link.

Belden(PBR822) makes public $13.82/share, $380 million cash offer for Digi International(NASDAQ: DGII). $BDC PR link.

The University of Michigan Preliminary US November Consumer Survey Index is at 91.6, October was 87.2, November 2015 91.2. UMich PR link.

Thursday, November 10:

MetLife(PBR39) authorizes $3 billion share repurchase program. $MET PR link.

UPS(PBR47) to build new 1.2 million square foot regional hub In Atlanta for $400 million, to employ 1,250. $UPS PR link.

ConocoPhillips(PBR53) to do $3 billion share repurchase program, initiate $5-8B N America natural gas asset divestiture program, $5 billion capital expenditures in 2017. $COP PR link.

Ingram Micro(PBR62) $38.90/share, $6.0 billion acquisition by China based Tianjin Tianhai must close by date extended to 12/15/16. $IM PR link.

Gilead Sciences(PBR107) gets FDA okay for Hepatitis B drug Vemlidy. $GILD PR link.

Kohl’s(PBR140) authorizes up to $2.0 billion share buyback program over 3 years. $KSS PR link.

ConAgra Foods(PBR166) renames itself ConAgra Brands after completion of spin-off of potato foods provider Lamb Weston as an independent public company. $CAG PR link.

American Financial(PBR435) completes $32/share, $320 million acquisition of non-owned shares of National Interstate(NASDAQ: $NATL). $AFG PR link.

Arthur J Gallagher(PR515) acquires UK based financial planning/employee benefits consultant Argentis, terms not disclosed. $AJG PR link.

Polaris Industries(PBR531) completes $665 million acquisition of private off-road jeep/truck aftermarket accessories $740 million/yr Transamerican Auto Parts. $PII PR link.

Adobe Systems(PBR557) to acquire video advertising platform developer TubeMogul(NASDAQ: TUBE) for $14/share, $540 million. $ADBE PR link.

Perrigo(PBR565) to review strategic alternatives for multiple sclerosis drug Tysabri®royalty stream. $PRGO PR link.

Willis Towers Watson(PBR621) increases share buyback program by $1 billion, balance is $1.228 billion. $WLTW PR link.

CME Group(PBR664) volume reaches all-time daily high of 44.5 million contracts on 11/09/16, previous high was on 10/15/14. $CME PR link.

Skechers USA(PBR808) transitions from 3rd party distributor to joint venture in S. Korea. $SKX PR link.

Bright Horizons(PBR1018) acquires UK based Asquith Day Nurseries & Pre-Schools, now has over 1,000 nurseries worldwide. $BFAM PR link.

Waste Management(PBR206) CFO Jim Fish, Jr, promoted to CEO, succeeds David Steiner who remains on the board, CFO search starts. $WM PR link.

Huntsman Corp(PBR244) appoints CFO J Kimo Esplin to EVP/Strategy & Investment, promotes Sean Douglas to EVP/CFO, both starting 01/01/17. $HUN PR link.

CME Group(PBR664) CEO Phupinder Gill to retire 12/31/16; Terry Duffy now Chairman/CEO; Bryan Durkin now president. $CME PR link.

The US Dept of Treasury says US Total October Federal Government Receipts at $221.7 billion, Outlays $265.9 billion, Deficit $44.2 billion. Treasury PR link.

Wednesday, November 9:

***Republican and businessman Donald Trump is elected 45th President of the United States. Republicans retain majority in both the House of Representatives and the Senate.*** . Politico PR link.

General Motors(PBR8) investing $900 million in 3 facilities, to layoff 2,000 at some Ohio & Michigan locations. $GM PR link.

Arthur J Gallagher(PBR515) acquires San Francisco, CA, actuarial employee benefits consultancy Altman & Cronin Benefits Consultancy. $AJG PR link.

SunPower(PBR680) Business Unitspresident Howard Wenger is leaving the company within the next 6 months. $SPWR PR link.

Twitter(PBR787) COO Adam Bain leaving, CFO Anthony Noto promoted to COO, CFO search starts. $TWTR PR link.

The US Dept of Commerce estimates US September Total Wholesale Sales at $445.0 billion, +0.2% from August, +0.4% from September 2015. USDOC PR link.

Tuesday, November 8:

*** US Elections Day!
*** Be a good citizen, cast your vote!

The PBR1000 October Snapshot 11 Summary:
The Top 5 Stock Price Gainers YTD:

1. Cliffs Natural Resources(PBR832), $CLF, +249%
2. Cloud Peak Energy(PBR984), $CLD, +196%
3. SunCoke Energy(PBR950), $SXC, +194%
4. Titan International(PBR944), $TWI, +159%
5. Quad/Graphics(PBR478), $QUAD, +155%

Range: +249% to -96%
Companies >+0%: 618/1,000
Average: +4.3%%
Median: +6.1%%

Get the full Snapshot 11 list with more details and the 14 other analytical snapshots with a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

CVS Health(PBR11) adds $15.0 billion to share repurchase program, balance is $18.7 billion. $CVS PR link.

Baxter Intl(PBR176) adds $1.5 billion to share repurchase program, balance is $1.9 billion. $BAX PR link.

Hertz(PBR259 $HTZ) now over one-third owned by Carl Icahn with today’s purchase of 15 million shares. MarketWatch PR link.

Blackstone(PBR352) to buy Germany’s OfficeFirst Immobilien with 1.4 million square meter office space across 6 cities portfolio. $BX PR link.

Arthur J Gallagher(PBR515) buys E Lansing, MI, wholesale insurance broker Regency Group, terms not disclosed. $AJG PR link.

Tesla(PBR651 $TSLA) agrees to buy Germany’s Grohmann Engineering. MarketWatch PR link.

Ventas(PBR671) talking to Kindred Health(PBR479 $KND) regarding KND planned exit from skilled nursing facilities business. $VTR PR link.

Service Corp Intl(PBR684) adds $313 million to share repurchase program, balance is $400 million. $SCI PR link.

The US Dept of Labor estimates US September Job Openings at 5.486 million, +0.6% from August, +2.4% from September 2015. USDOL PR link.

CoreLogic estimates US September Housing Serious Delinquencies at 1.014 million, -2.6% from August, -24.8% from September 2015. CoreLogic PR link.

Monday, November 7:

Kroger(PBR20) to hold open interviews on 11/09/16 for military veterans and their families, hired 7,000 in 2015. $KR PR link.

Windstream(PBR426) to own 51% in merger with network services provider EarthLink(NASDAQ: ELNK) in $1.1 billion transaction. $WIN PR link.

Insight(PBR460) to acquire $771 million/year 570 employee IT services firm DataLink(NASDAQ: DTLK) for $258 million. $NSIT PR link.

Kindred Healthcare(PBR479) to exit skilled nursing facility business. $KND PR link.

AmTrust Financial(PBR564) completes $218.7 million cash acquisition of ANV Holdings from Ontario Teachers’ Pension Plan. $AFSI PR link.

Cooper Cos(PBR950) acquires $29 million/yr in-vitro fertilization segment Wallace from Smiths Medical for $168 million. $COO PR link.

CA Technologies(PBR550) promotes Kieran McGrath as EVP/CFO. $CA PR link.

Brunswick(PBR584) hires Danielle Brown as VP/CIO starting 11/14/16, succeeds retiring Michael Schulz. $BC PR link.

HSN(PBR609) hires Carmen Bauza as EVP/Chief Merchandising Officer starting 11/28/16. $HSNI PR link.

Endo Intl(PBR700) promotes Terry Coughlin to EVP/COO, Tony Pera to president, Par Pharmaceuticals(US generics unit). $ENDP PR link.

The US Federal Reserve estimates US September Total Consumer Credit Outstanding at $3.707 trillion, +0.5% from August, +4.9% YTD. FedReserve PR link.

The Conference Board says US October Help Wanted Ads at 4.838 million, -2.0% from September, -10.2% from October 2015. USDOC PR link.

Friday, November 4:

The PBR1000 Week Ending 11/04/16 US Stock Exchanges Recap:
DJIA ends week at 17,888.28, -1.50% from last Friday, -1.40% MTD, -2.29% QTD, +2.66% YTD, -4.01% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,046.37, -2.77% from last Friday, -2.75% MTD, -5.00% QTD, +0.78% YTD, -5.49% from record 5,339.52 on 09/22/16.
SPX ends week at 2,085.18, -1.94% from last Friday, -1.93% MTD, -3.83% QTD, +2.02% YTD, -4.79% from record 2,190.15 on 08/15/16.

Danaher(PBR137) completes $53/share, $4 billion cash acquisition of fully automated GeneXpert® systems developer Cepheid(NASDAQ:CPHD). $DHR PR link.

CenturyLink(PBR160) to sell data centers/colocation business to BC Partners/Medina Capital consortium for $2.15 billion plus $150 million equity stake in new company. $CTL PR link.

YUM!(PBR217)’s Taco Bell unit to add 100,000 U.S. jobs by 2022. MarketWatch PR link.

The US Dept of Labor says US October Employment at 151.925 million, -43,000 from September, 4.9% Unemployment Rate. USDOL PR link.

The US Dept Commerce estimates US September Exports at $189.2 billion, Imports $225.6 billion, Deficit $36.4 billion, Deficit YTD(9 mos) $366.9 billion. USDOC PR link.

Thursday, November 3:

Intel(PBR51) to acquire virtual reality startup VOKE for immersive sports. $INTC PR link.

NextEra Energy(PBR173) completes sale of Pennsylvania gas generating assets to Starwood Energy for $765 million. $NEE PR link.

CarMax(PBR202) hiring 2,500 positions nationwide, over 1,200 for automotive service careers. $KMX PR link.

NetApp(PBR405) to reduce worldwide headcount by 6%. $NTAP PR link.

American Axle & Mfg(PBR602) to acquire lightweight components for powertrain/suspenions manufacturer Metaldyne Performance Group(NYSE: MPG)for $1.6 billion cash/stock, assume $1.7 billion in net debt. $AXL PR link.

Intl Flavors & Fragrances(PBR666) to acquire $75 million/year private Fragrance Resources, terms not disclosed. $IFF PR link.

TreeHouse Foods(PBR690) to close 90 employees Delta, British Columbia facility, downsize by 100 employees a Battle Creek, MI, facility, over 15 months. $THS PR link.

Rackspace(PBR935) $32/share, $4.3 billion acquisition by Apollo Global Mgmt(PBR906) is completed. $RAX PR link.

Symantec(PBR385) promotes Nick Noviello to EVP/CFO starting 12/01/16, succeeds leaving Thomas Seifert. $SYMC PR link.

Fresh Del Monte(PBR527) promotes Youssef Zakharia to president/COO, succeeds Hani El-Naffy who remains on the board. $FDP PR link.

Abercrombie & Fitch(PBR595) EVP/Sourcing Diane Chang retiring on 06/24/17. $ANF PR link.

TreeHouse Foods(PBR690) EVP/CFO Dennis Riordan named acting president with leaving of Chris Sliva; Matthew Foulston to be EVP/CFO by 12/02/16. $THS PR link.

The US Dept of Labor Preliminary 3Q16 Labor Productivity Output at +3.4%, Revised 2Q16 was -0.4%, 3Q15 +2.3%. USDOL PR link.

The US Dept of Commerce estimates US September All Manufacturing New Ordersat $463.0 billion, August $459.1 billion, July $458.0 billion. USDOC PR link.

Markit US October Composite PMI Output Index at 54.9, September was 52.3, August 51.5. Markit PR link.

ISM says October US Non-Manufacturing ISM Index at 54.8%, September was 57.1%, August 51.4%. ISM PR link.

Wednesday, November 2:

Allergan(PBR21) completes $5 billion share purchase program, authorizes new $10 billion accelerated program, initiates $0.70/share dividend for 1Q17. $AGN PR link.

AIG(PBR46) authorizes up to $3.0 billion additional shares repurchase program. $AIG PR link.

Goodyear Tire(PBR157) breaks ground on $485 million expansion of Pulandian, China, factory, to produce 5 million large rim tires/year by 2020. $GT PR link.

American Electric Power(PBR174) seeks bids for up to 500,000 tons of coal to be delivered 01/17-03/17 to its generating plants. $AEP PR link.

Newmont Mining(PBR358) completes $1.3 billion sale in interest in Indonesia’s PTNNTcopper/gold mines. $NEM PR link.

Peabody Energy(PBR372) to sell Australian Metropolitan Mine for $200 million plus potential consideration. $BTUUQ PR link.

NVR(PBR533) authorizes $300 million shares repurchase program. $NVR PR link.

Brocade Communications(PBR845) to be acquired by Singapore based Broadcom Ltd(NASDAQ: AVGO) for $12.75/share, $5.9 billion cash. $BRCD PR link.

Amgen(PBR135): Lori Johnston returns as SVP/Human Resources starting 12/09/16. strong>$AMGN PR link.

Gap Inc(PBR179) EVP/CFO Sabrina Simmons to depart at end of FY2016. $GPS PR link.

Whole Foods(PBR203) eliminates co-CEO structure, appoints John Mackey CEO, Walter Robb remains on board, EVP/CFO Glenda Flanagan to retire after FY2017. $WFM PR link.

General Cable(PBR418) hires Matti Masanovich as SVP/CFO starting 11/11/16. $BGC PR link.

Intl Flavors & Fragrances(PBR666) hires Susana Suarez-Gonzalez as EVP/Chief Human Resources Officer starting 11/28/16, succeeds retiring Angelica Cantlon. $IFF PR link.

Federal Open Market Committee keeps federal funds interest rate at 0.25-0.50%, sees progress towards 2% inflation rate, improved labor conditions. FOMC PR link.

ADP(PBR235) October US Change in National Employment was +147,000, Sept was +154,000, Aug +177,000. $ADP PR link.

AutoNews: Revised report says October Vehicle Sales at 1,370,721, -4.4% from September, -5.9% from October 2015, 17.98 million annual rate. AutoNews PR link.

FreddieMac(PBR41) 2Q16 Apartment Investment Market Index at 110.4, 1Q16 was 107.6, 2Q15 115.9. $FMCC PR link.

The Chicago Cubs win the Baseball World Series in Game 7 at the Cleveland Indians 8-7 in a dramatic 10 inning overtime game. Chicago Tribune PR link.

Tuesday, November 1:

The PBR1000 October Snapshot 10 Summary:
The Top 5 Stock Price October Gainers:

1. Peabody Energy(PBR416), $BTUUQ, +465%
2. LINN Energy(PBR668), $LINEQ, +291%
3. SunEdison(PBR744), $SUNEQ, +268%
4. TeamHealth(PBR392), $TMH, +32%
5. SunCoke Energy(PBR953), $SXC, +27%

Range: +465% to -54%
Companies >+0%: 316/1,000
Average: -3.1%
Median: -2.7%

Get the full Snapshot 10 list with more details and the 14 other analytical snapshots with a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Allergan(PBR21) completes $1.695 billion cash/stock acquisition of liver therapies developer Tobira Therapeutics. $AGN PR link.

Alcoa(PBR115) separation from Alcoa Inc, now known as Arconic, is complete. Now global leader in bauxite, alumina, aluminum products. $AA PR link.

YUM!(PBR217) completes spinoff of YUM China as an independent public company(NYSE: YUMC). $YUM PR link.

Liberty Interactive(PBR263) stockholders approve split-off of Liberty Expedia as a separate independent public company, to be effective 11/04/16. $QVCA PR link.

Dover(PBR343) completes $160 million sale of Tipper Tie, a global supplier of processing & clip packaging machines, to JBT Corp(NYSE: JBT). $DOV PR link.

Discovery Communications(PBR399) & MLB’s BAMTech form digital technology provider BAMTech Europe, first client is EuroSport Digital. $DISCA PR link.

Gannett(PBR414) terminates discussions to acquire Tronc(NASDAQ: TRNC)(fka Tribune Publishing). $GCI PR link.

Regions Financial(PBR450) adds $120 million to share repurchase program, balance now is $760 million, expires 06/30/17. $RF PR link.

Harris Corp(PBR481) to sell Caprock Communications managed satellite, terrestrial & wireless business for cruise/energy industries to SpeedCast International for $425 million cash. $HRS PR link.

Crown Castle(PBR603) to acquire NextEra Energy(PBR178 $NEE)‘s fiber services provider FPL FiberNet for $1.5 billion cash. $CCI PR link.

Equinix(PBR793) collaborates with Facebook(PBR228 $FB) to deploy/test industry’s 1st entirely open source-based packet-optical network solution. $EQIX PR link.

HCP(PBR838) selling 64 properties leased to Brookdale Senior Living(PBR587 $BKD) to Blackstone(PBR352 $BX) affiliates for $1.125 billion. $HCP PR link.

Air Products(PBR267) hires Dr Samir Serhan as EVP to oversee most technology, engineering, and manufacturing functions. $APD PR link.

Herbalife(PBR354) chairman/CEO to become executive chairman 06/01/17, COO Richard Goudis to be new CEO. $HLF PR link.

Fifth Third Bancorp(PBR387) hires Aravind Immaneni to be chief operations & technology officer starting 11/14/16. $FITB PR link.

T Rowe Price(PBR570) chairman/Chief Investment Officer Brian Rogers to retire 03/31/17, 6 senior investment leaders appointed as CIOs. $TROW PR link.

The US Dept of Commerce estimates US September Total Construction Spending Annual Rate at $1.150 trillion, -0.4% from August, -0.2% from September 2015. USDOC PR link.

Manufacturing ISM Report on Business October PMI Index at 51.9%, September was 51.5%, August 49.4%. ISM PR link.

Markit October Final US Manufacturing PMIat 53.4, September was 51.5, August 52.0. Markit PR link.

AutomotiveNews estimates US October New Vehicles Sold at 1.183 million units, -4.9% from October 2015. AutoNews PR link.

TrueCar estimates US October Total Vehicle Sales at $46 billion, -4.2% from October 2015, Average Transaction Price $33,544, +2.5% from October 2015. $TRUE PR link.

Purdue/CME Group October Ag Economy Barometer at 92, September was 101, August 95, future outlook dims. Purdue/CME Group PR link.

FTI Consulting forecasts 2016 online retail sales at $395 billion, 2017 $436 billion, 2020 $562 billion. FTI PR link.

(The PBR1000 is the premiere business intelligence service covering over 1,000 of the largest publicly held companies with principle or administration headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to The PBR1000 subscribers. Users worldwide include C-level executives, entrepreneurs,  sales/marketing/advertising professionals, investors/investment advisors, business professors/students, human resources/career counselors/job seekers, federal/state/local government agencies, social causes organizations, to name just a few. To order your monthly or significantly discounted annual subscription, just go to the PBRMarketTools.com Subscribe page.)

(Photo courtesy of DonaldJTrump.com)

Copyright © 2016 by Pax Business Resources, LLC, Tucson, AZ, USA, All Rights Reserved.

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The PBR1000 October 2016 Stocks/Commodities Snapshots

November 21, 2016 by

October 2016: Who Will Be President?

businessmen-voting-sira-anamwong-id-100459607

Voting in a Free Democratic Society, a Great Privilege.

 

By Larry C. Paxton

During the first part of October stock exchanges were mostly positive. But during the second half of the month there was an increasingly negative tone, mostly related to the US Presidential Race. Out of 21 trading days the DJIA and S&P500 had 7 gain days and 14 loss days. The NASDAQ showed the widest variability with 8 days positive, 13 days negative. October 11 saw a change of -1.54% based on earnings reports and down oil prices. The other extreme was October 24, up 1.00% based on some big merger/acquisition deals. The longest gain streaks for all 3 exchanges was 2 days,  the DJIA longest loss streak was 2 days but both the NASDAQ and S&P500 had 5 day loss streaks that ended the month, caused primarily by the tightening of the US Presidential Race and the increasing uncertainty over who will win.

The PBR1000 companies in The Top 5 Tables had an emphasis on energy related companies, some planning to emerge from bankruptcy soon, and mostly from the 2nd half of The PBR1000.

If you are not a current Subscriber to the highly acclaimed The PBR1000 Snapshots  just click here to get your 13 month subscription and automatically download the October 2016 15 Snapshots edition.

The following partial tables are excerpts from The PBR1000 October Snapshots. The stock price is for the close of trading on October 31st, Month % Chg is compared to September 30th, YTD % Chg is compared to December 31, 2015, and the 22 Months % Chg is compared to December 31, 2014.

 

Table 1(S11): The PBR1000 Top 5 Month Stock Price % Gainers

Table 1 Summary: The range was +465.52% to -54.25%. 316 out of 1,000 stock prices were up 0.00% or more. The average was a loss of 3.07%, the median was a loss of 2.74%.

Company PBR
Rank		 Symbol Price
10/31/16		 Mo
% Chg		 YTD
% Chg		 22 Mos
% Chg
Peabody Energy
 416 BTUUQ 8.75 +465.52 +13.93 n/a
LINN Energy
 668 LINEQ 0.22 +290.91 n/a n/a
SunEdison
 744 SUNEQ 0.19 +36.61 n/a n/a
TeamHealth
 392 TMH 42.85 +31.60 -2.37 -25.52
SunCoke Energy
 953 SXC 10.21 +27.31 +194.24 -47.21

 

Table 2(S12): The PBR1000 Top 5 Year-To-Date Stock Price % Gainers

Table 2 Summary: The range was +249.37% to -82.42%. 618 out of 1,000 stock prices were up 0.00% or more. The average was a gain of 4.27%. The median was a gain of 6.07%.

Company PBR
Rank		 Symbol Price
10/31/16		 Mo
% Chg		 YTD
% Chg		 22 Mos
% Chg
Cliffs Natural Resources
 832 CLF 5.52 -5.64 +249.37 -22.69
Cloud Peak Energy 984 CLD 6.16 +13.24 +196.15 -32.90
SunCoke Energy
 950 SXC 10.21 +27.31 +194.24 -47.21
Titan International
 944 TWI 10.19 +0.69 +158.63 -4.14
Quad/Graphics
 478 QUAD 23.76 -11.08 +155.48 +3.48

 

Table 3(S13): The PBR1000 Top 5 22 Months Stock Price % Gainers

Table 3 Summary: Range was +254.91% to -90.21%. 445 out of 1,000 stock prices were up 0.00% or more. The average was a loss of 1.06%. The median was a loss of 3.83%.

Company PBR
Rank		 Symbol Price
10/31/15		 Mo
% Chg		 YTD
% Chg		 22 Mos
% Chg
NVIDIA
 452 NVDA 71.16 +3.85 +115.90 +254.91
AMD 533 AMD 7.23 +4.63 +151.92 +170.79
Netflix 351 NFLX
 124.87 +26.71 +9.17 +155.88
Amazon 20 AMZN 789.82 -5.67 +16.86 +154.49
SkyWest
 633 SKYW 30.15 +14.16 +58.52 +127.03

 

Table 4(S15): The PBR1000 Top 5 Market Capitalization

Table 4 Summary: Range was $605.43 billion to $0.00 billion. The average is $20.66 billion, median is $6.34 billion, out of 1,000 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
10/31/16		 Mo
% Chg		 YTD
% Chg		 22 Mos
% Chg
Apple
 3 AAPL 605.43 -0.61 +3.16 -6.48
Alphabet
 34 GOOG 540.65 +1.21 +3.59 +51.40
Microsoft
 31 MSFT 465.90 +3.80 +5.13 +21.68
Facebook
 148 FB 376.16 +2.12 +27.09 +72.95
Amazon 20 AMZN 375.30 -5.45 +18.45 +161.17
The PBR1000
   20,662.10 -2.24 +2.81 +0.75

 

Table 5: The PBR1000 Index & Selected Stock Exchanges/Commodities

Company Price
10/31/16		 Mo
% Chg		 YTD
% Chg		 22 Mos
% Chg
The PBR1000 69,527.64 -3.07 +4.27 -1.06
DJIA 18,142.42 -0.91 +4.12 +1.79
NASDAQ 5,189.13 -2.31 +3.63 +9.57
S&P500 2,126.15 -1.94 +4.02 +3.27
GOLD 1,277.70 -3.12 +20.51 +7.83
SILVER 17.91 -6.96 +29.78 +14.81
OIL 46.94 -2.31 +26.73 -11.88

 

Have questions on The PBR1000 or The PBR US Economic Indices Monthly Snapshots? Please contact us at Sales@PBRMarketTools.com or call us at 520-282-4100.

Don’t forget to follow us on Twitter at @ThePBR1000.

(The PBR1000 provides astute investors and business professionals with the data, news, and analysis for taking higher probability of success actions. The PBR1000 covers over 1,000 of the largest publicly held companies with principle or administrative headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to Subscribers of The PBR1000. Subscribers include C-level executives, entrepreneurs, sales/marketing/advertising professionals, investors/investment advisers, business professors/students, career counselors/job seekers, to name just a few. To order your monthly or significantly discounted annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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The PBR1000 October 2016 Breaking News Recap

November 6, 2016 by

October 2016: Major Acquisitions Dominate

Some Major Acquisitions Were Initiated In October 2016, Some Contorversial.

Some Major Acquisitions Were Initiated In October 2016, Some Contorversial.

 

By Larry C. Paxton

The big acquisition announcement in October for The PBR1000 was AT&T(PBR10)’s controversial $85 billion bid for Time Warner(PBR95). Regulators have a major challenge in assessing if this should happen.

There were also 3 other deals valued at over $30 billion that will interesting to follow as well.

But the major news in the month was not so much regarding business, but politics, as US voters struggle over which presidential candidate they should elect, as well as House, Senate, state and local seats. Regardless of who wins, business will have to make some major adjustments.

Here’s a quick October 2016 summary on key activities that relate to The PBR1000:

US Presidential Race:  31 days completed, 8 days left. Will there be a national collective sigh of relief?

Mergers & Acquisitions: 27 deals worth over $1 billion  initiated, closed, or updated. 17 were initiated, total transaction value is $247.5 billion.

Restructurings/Spinoffs: 12

Bankruptcies: 2 emerge from bankruptcy

CEO Changes: 8 announced.

Jobs: Retailers busy hiring/training temporary help for the holidays.

US Economy: Modest/moderate growth continues, stable but fragile.

Federal Reserve Federal Funds Rate Changes: 0, remains at 0.25-0.50%.

International: Brexit, oil price fluctuations, Middle East conflicts, refugee crisis, and climate change continue to be the headliners.

For more details here are The PBR1000 corporate and economic related breaking news items of interest with hotlinks to the sources for October 2016, starting with the last active business day.

Monday, October 31:

The PBR1000 End of October US Stock Exchanges Recap:
DJIA ends October at 18,142.42, -0.10% from last Friday, -0.91% MTD/QTD, +4.12% YTD, -2.65% from record 18,636.05 on 08/15/16.
NASDAQ ends October at 5,189.13, -0.02% from last Friday, -2.31% MTD/QTD, +3.63% YTD, -2.82% from record 5,339.52 on 09/22/16.
SPX ends October at 2,126.15, -0.01% from last Friday, -1.94% MTD/QTD, +4.02% YTD, -2.92% from record 2,190.15 on 08/15/16.

Amazon(PBR29) Web Services’ 189 megawatt Wind Farm US Central 2 in Hardin County, Ohio, to be ready by 12/17. $AMZN PR link.

Macy’s(PBR97) sells 5 stores to General Growth Properties(PBR765 $GGP) for $46 million for 4 stores, lease the 5th. $M PR link.

Baker Hughes(PBR108) stockholders to get $17.50/share dividend in $7.4 billion deal to merge with GE(PBR9) Oil & Gas unit as separate independent public company 62.5% owned by GE. $BHI PR link.

Occidental Petroleum(PBR123) has acquired leasehold acreage in Permian Basin, in separate transaction EOR/CO2 properties, total $2 billion. $OXY PR link.

HollyFrontier(PBR140) to acquire Suncor Energy‘s 15,600 barrels/day Group III base oils Petro-Canada Lubricants business for $845 million. $HFC PR link.

CenturyLink(PBR160) to acquire Level 3 Communications(PBR375) for $66.50/share, $34 billion cash/stock. $CTL PR link.

Constellation Brands(PBR377) to acquire Obregon Brewery from Anheuser-Busch InBev subsidiary Grupo Modelo for $600 million. $STZ PR link.

TeamHealth(PBR498) to be acquired by Blackstone(PBR352 $BX) for $43.50/share, $6.1 billion cash. $TMH PR link.

USG Corp(PBR599) completes sale of building product distributor L&W Supply unit to private $5.9 billion/2015 ABC Supply for $670 million cash. $USG PR link.

Vornado Realty Trust(PBR738) to spin-off Washington DC business, merge it with The JBG Companies in $8.4 billion transaction. $VNO PR link.

HCP(PBR838) completes spin-off of Quality Care Partners as an independent public REIT, symbol NYSE: QCP. $HCP PR link.

Viacom(PBR212) appoints Bob Bakish to be acting president/CEO starting 11/15/16, succeeds leaving Tom Dooley. $VIA PR link.

Louisiana-Pacific Corp(PBR902) promotes Brad Southern to new position of COO. $LPX PR link.

The US Dept of Commerce says Total US September Personal Income Annual Rate at $16.090 trillion, +0.3% from August, +4.0% from September 2015. USDOC PR link.

The MNI October Chicago Business Barometer at 50.6, September was 54.2, August 51.5. ISM PR link.

Friday, October 28:

The PBR1000 Week Ending 10/28/16 US Stock Exchanges Recap:
DJIA ends week at 18,161.19, +0.09% from last Friday. -0.80% MTD/QTD, +4.22% YTD, -2.55% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,190.10, -1.28% from last Friday, -2.29% MTD/QTD, +3.65% YTD, -2.80% from record 5,339.52 on 09/22/16.
SPX ends week at 2,126.41, -0.69% from last Friday, -1.93% MTD/QTD, +4.03% YTD, -2.91% from record 2,190.15 on 08/15/16.

AutoNation(PBR148) launches AutoNation USA stand-alone pre-owned vehicle sales and service centers, expanding other services. $AN PR link.

Corrections Corp(PBR965) rebranding itself as CoreCivic with 3 business units by end of 2016. $CXW PR link.

Patterson Cos(PBR542) promotes Dave Misiak to president, Patterson Dental Health North America & Dave Lardy to CIO. $PDCO PR link.

The US Dept of Commerce says 3Q16 Advance Report GDP Annual Rate at 2.9%, $18.651T, +1.1% from 2Q16, +2.8% from 3Q15. USDOC PR link.

The US Dept of Labor says 3Q16 Employee Cost Index at 127.4(2005=100), +0.6% from 2Q16, +2.3% from 3Q15. USDOL PR link.

The U of Michigan October Final Consumer Sentiment Index at 87.2, September was 91.2, August 89.8. UMich PR link.

Thursday, October 27:

Apple(PBR5) unveils new MacBook Pro. $AAPL PR link; Unveils new TV app for Apple TV, iPhone & iPad. $AAPL PR link.

Alphabet(PBR44 $GOOG) spinning off driverless cars into standalone business. MarketWatch PR link.

UPS(PBR47) forecasts 700 million+ package deliveries in 25 days between Thanksgiving & New Year’s Eve, +14% from 2015. $UPS PR link.

Qualcomm(PBR106) to acquire Netherlands based NXP Semiconductors NV(NASDAQ: NXPI) for $110.00/share, $47 billion cash. $QCOM PR link.

CBRE(PBR301) authorizes up to $250 million over 3 years stock repurchase program. $CBG PR link.

Twitter(PBR787 $TWTR) to cut 9% of workforce – MarketWatch. MarketWatch PR link.

Lowe’s(PBR50) promotes Michael McDermott to Chief Customer Officer. $LOW PR link.

Willis Towers Watson(PBR621) announces several leadership changes effective immediately. $WLTW PR link.

HealthSouth(PBR800) president/CEO Jay Grinney to retire on 12/31/16, EVP/COO Mark Tarr appointed successor, Barb Jacobsmeyer to become EVP/Operations. $HLS PR link.

Cedar Fair(PBR977) promotes Richard Zimmerman to president/COO. $FUN PR link.

US Energy Information Administration says US Crude Oil Stocks(Millions of Barrels) 10/21/16 at 468.2, -6.9% from 09/23/16, -2.5% from 10/23/15. EIA PR link.

The US Dept of Labor says Weekly Unemployment Insurance Claims on 10/22/16 was 258,000, -1.2% from 09/24/16, -2.4% from 10/24/15. USDOL PR link.

The US Dept of Commerce says 3Q16 Total Housing Units at 135.7M, Occupied 118.6M, Occupancy Rate 87.4%, 3Q15 87.1% USDOC PR link.

FreddieMac(PBR41) says 30 Year Fixed Mortgage Rates Average on 10/27/16 was 3.47%, 09/26/16 3.42%, 10/29/15 3.76%. $FMCC PR link.

US Federal Communications Commission adopts privacy rules to give broadband consumers more choice, transparency & security for personal data. FCC PR link.

Adobe Systems(PBR557) predicts 11/01/16-12/31/16 holiday spending to be $91.6 billion. $ADBE PR link.

Wednesday, October 26:

The PBR1000 September Snapshot 12 Summary:
The Top 5 Stock Price Gainers Since 12/31/14:

1. NVIDIA(PBR453), $NVDA, +242%
2. Amazon(PBR19), $AMZN, +170%
3. AMD(PBR533), $AMD, +159%
4. Activision Blizzard(PBR480), $ATVI, +120%
5. Insperity(PBR718), $NSP, +114

Range: +242% to -99%
Companies >+0%: 471/994(47.4%)
Average: +2.1%
Median: +2.2%

To get the full Snapshot 12 list with more details and the 14 other analytical snapshots just get a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Amazon(PBR29) expands AmazonFresh grocery shopping delivery service to Chicago & Dallas, $14.99/mo for Prime members. $AMZN PR link.

Microsoft(PBR31) introduces Surface Studio, Surface Dial, new Surface Book, & Windows 10 Creators Update. $MSFT PR link.

HCA(PBR75) to get $750 million for hospital lease & joint operating agreement early termination by Oklahoma University Hospitals Authority. $HCA PR link.

Medtronic(PBR133) gets FDA approval of new recapturable 34 mm transcatheter aortic valve replacement system. $MDT PR link.

Groupon(PBR652) to acquire competitor LivingSocial, close expected in early 11/16, terms not disclosed. $GRPN PR link.

Woodward(PBR888) promotes John Tysver to new position of VP/Technology. $WWD PR link.

The US Dept of HUD says September US New Family Homes Sold Annual Rate at 593,000, +3.1% from August, +29.8 from September 2015. HUD PR link.

FreddieMac(PBR41) 2Q16 US Apartment Investment Market Index at 110.4, +2.64% from 1Q16, -4.77% from 2Q15. $FMCC PR link.

Tuesday, October 25:

IBM(PBR25) adds $3 billion to share repurchase program, balance is now $6 billion. $IBM PR link.

Meredith Corp(PBR994) to increase distribution to 600,000 copies for premiere issue of quarterly lifestyle The Magnolia Journal. $MDP PR link.

Terex(PBR357) promotes Steve Filipov to president, Terex Cranes, succeeds leaving Ken Lousberg. $TEX PR link.

Sonoco Products(PBR480) promotes John Florence to VP/General Counsel/Secretary, succeeds retiring Ritchie Bond. $SON PR link.

Aerojet Rocketdyne(PBR969) hires Paul Lundstrom as VP/Finance/CFO starting 11/07/16. $AJRD PR link.

Invacare(PBR1028) promotes Ralf Ledda to SVP/GM Europe &EMEA. $IVC PR link.

The Federal Reserve of Richmond says October 5th District Manufacturing Index at -4%, September was -8%, August -11%. FRBRichmond PR link.

Black Knight Financial Services says September US Active Foreclosures at 1% of all mortgages, lowest in 9 years. $BKFS PR link.

The Conference Board says October US Consumer Confidence Index at 98.6, September was 103.5, August 101.8. TCB PR link.

Case-Shiller August US National Home Price Index at 184.42(Jan2000=100), July 183.43, August 2015 175.11. C-S PR link.

Monday, October 24:

Merck(PBR70) gets FDA approval for lung cancer therapy KEYTRUDA® (pembrolizumab). $MRK PR link.

T-Mobile US(PBR95) gets 2 million net adds in 3Q16, now has 69 million+ customers. $TMUS PR link.

Nordstrom(PBR214) to hire 11,400 seasonal employees across the US & Canada. $JWN PR link.

Jacobs Engineering(PBR225) relocates global headquarters from Pasadena, CA, to Dallas, TX. $JEC PR link.

Hilton Worldwide(PBR262) announces China based HNA Group to acquire 25% ownership stake through $6.5 billion purchase of Blackstone(PBR352 $BX) shares which will then have a 21% ownership stake. $HLT PR link.

TD Ameritrade(PBR662) to acquire private Scottrade Financial Services for $4 billion cash/stock. $AMTD PR link.

New York Times(PBR971) acquires product recommendation services The Wirecutter and sister site Sweethome, terms not disclosed. $NYT PR link.

Lowe’s(PBR50) CNA Financial subsidiary hires Dino Robusto to be its chairman/CEO on 11/21/16. CNAF PR link.

Nordstrom(PBR214) EVP/CFO Mike Koppel to retire in spring 2017. $JWN PR link.

Buffalo Wild Wings(PBR981) hires Alex Ware to be EVP/CFO starting 10/31/16. $BWLD PR link.

The Fed Reserve Bank of Chicago September National Activity Index estimated at -0.14, August was -0.72, July +0.23. ChicagoFed PR link.

The Federal Reserve Bank of San Francisco releases research showing jobs growth can be healthy at 50,000 to 110,000/mo. FRBSF PR link.

Smartwatch Market Declines 51.6% in the Third Quarter as Platforms and Vendors Realign. IDC PR link.

Opinion: Workers will simply try to survive, rather than prosper, as tech takes over the economy. MarketWatch PR link.

Sunday, October 23:

Genworth Financial(PBR287) to be acquired by privately heldChina Oceanside for $5.43/share, $2.7 billion cash. $GNW PR link.

B/E Aerospace(PBR748) to be acquired by Rockwell Collins(PBR495 $COL) for $62.00/share, $8.3 billion cash/stock. $BEAV PR link.

Saturday, October 22:

AT&T(PBR12) to acquire Time-Warner(PBR103 $TWX) for $107.50/share, $85.4 billion cash/stock. $T PR link.

Friday, October 21:

The PBR1000 Week Ending 10/21/16 US Stock Exchanges Recap:
DJIA ends week at 18,145.71, +0.04% from last Friday. -0.89% MTD/QTD, +4.14% YTD, -2.63% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,257.40, +0.83% from last Friday, -1.03% MTD/QTD, +4.99% YTD, -1.54% from record 5,339.52 on 09/22/16.
SPX ends week at 2,141.16, +0.38% from last Friday, -1.25% MTD/QTD, +4.76% YTD, -2.24% from record 2,190.15 on 08/15/16.

Merck(PBR70) gets US FDA approval for injected supplement ZINPLAVA to reduce reoccurrence of adult CDI. $MRK PR link.

Reynolds American(PBR105 $RAI) gets $56.20/share, $47 billion cash/stock proposal from British American Petroleum(LSE: BATS) to acquire the 57.8% of stock it doesn’t own. $BATS PR link.

Altria Group(PBR110) now has 10.2% voting stake with 12 million shares purchased in Anheuser-Busch InBev after A-B’s merger with SABMiller. $MO PR link.

AutoNation(PBR148) hires Tom Conophy as EVP/CTO, effective 10/31/16, SVP/CIO Allan Stejskal resigns, effective 10/28/16. $AN PR link.

Thursday, October 20:

The PBR1000 September Snapshot 4 Summary:
The Top 5 Corporations By Profits/Revenues(Last FY) are:

1. Caesars Entertainment(PBR482), $CZR, +127%
2. Kimco Realty(PBR982), $KIM, +71%
3. Visteon(PBR612), $VC, +70%
4. Symantec(PBR565), $SYMC, +69%
5. General Growth Properties(PBR754), $GGP, +57%

Range: +127% to -363%
Companies >+0%: 841/1,000
Average: +6.8%
Median: +5.6%

To get the full Snapshot 4 list with more details and the 14 other analytical snapshots just get a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Walmart(PBR1) invests $50 million in China’s largest on-demand logistics and O2O grocery platform New Dada. $WMT PR link.

Walgreens Boots Alliance(PBR36) closing of $17.2 billion cash acquisition of Rite Aid(PBR105 $RAD) extended from 10/27/16 to 01/27/17. $WBA PR link.

Gannett(PBR414)’s USA TODAY NETWORK unit releases first weekly virtual reality news show VRtually There, features Toyota cubemercial. $GCI PR link.

Endo Intl(PBR700) EVP/CFO Suketu Upadhyay leaving 11/22/16, interim CFO appointed, CFO search begins. $ENDP PR link.

Penn Natl Gaming(PBR750) to promote EVP/Chief Development Officer William Fair to EVP/CFO on 01/01/17, succeeds retiring Saul Reibstein. $PENN PR link.

KB Home(PBR802) promotes Matt Mandino to regional president for Colorado, Las Vegas, & Arizona markets. $KBH PR link.

The Philadelphia Federal Reserve Bank says October Philadelphia Manufacturing General Activity Indicator at 9.7, September was 12.8, August 2.0. PhillyFed PR link.

The Conference Board says September Leading Economic Index at 124.4(2010=100), Coincident EI 114.2, Lagging EI 122.3. TCB PR link.

The National Association of Realtors says US September Existing Home Sales Annual Rate at 5.47 million, +3.2% from August, +0.6% from September 2015. NAR PR link.

FreddieMac October Outlook sees slowdown in home refinancing, more purchases, mortgage rates to remain low. $FMCC PR link.

The World Bank raises 2017 oil price forecast from $53 to $55/barrel, 2016 still estimated at $43/barrel. WB PR link.

Wednesday, October 19:

Henry Schein(PBR270) adds $400 million to share repurchase program, balance is $429 million. $HSIC PR link.

Joy Global(PBR590) shareholders approve $3.7 billion cash acquisition by Japan based Komatsu, to close by mid 2017. $JOY PR link.

QEP Resources(PBR626) completes $595 million acquisition of 9,400 acres, 430 potential oil wells, in Permian Basin in Martin County, TX. $QEP PR link.

Reynolds American(PBR317) president/CEO Susan Cameron to become executive chairman 01/01/17, Debra Crew, president/COO of subsidiary RJ Reynolds Tobacco, to become president/CEO. $RAI PR link.

New York Times(PBR971) promotes A G Sulzberger to deputy publisher, effective 11/01/16, will report to his father publisher Arthur Sulzberger, Jr. $NYT PR link.

The Federal Reserve Beige Book says outlooks were mostly positive, slight to moderate growth in several districts. FRB PR link.

The US Dept of HUD estimates US September Housing Permits Annual Rate at 1.225 million units, +6.3% from August, +8.5% from September 2015. HUD PR link.

Investing: ETF assets hit a fresh record, $3.408 trillion, in 3Q. MarketWatch PR link.

ADP(PBR235) 3Q16 US Workforce Vitality Report says wage growth at +2% year over year across all industries. $ADP PR link.

Tuesday, October 18:

The PBR1000 September Snapshot 7 Summary:
The Top 5 Corporations By Equity/Assets(Last FY) are:

1. Public Storage(PBR759), $PSA, +94%
2. T Rowe Price(PBR514), $TROW, +93%
3. AVX Corp(PBR976), $AVX, +90%
4. Facebook(PBR147), $FB, +90%
5. Intuitive Surgical(PBR758), $ISRG, +88%

Range: +94% to -225%
Companies >+0%: 953/1,000
Average: +19.6%
Median: +34.3%

To get the full list with more details and the 14 other analytical snapshots just get a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

AIG(PBR46) to sell certain Latin America, Central/Eastern Europe operations to Fairfax Financial for $240 million cash, enters strategic multi-national support partnership. $AIG PR link.

St Jude Medical(PBR440 $STJ) & Abbott Labs(PBR134) to sell portion of vascular closure & electrophysiology businesses to Terumo Corp for $1.12 billion. $ABT PR link.

BlackRock(PBR252) exceeds $5.1 trillion in Assets Under Management at end of 3Q16, +14% from 3Q15. $BLK PR link.

Steel Dynamics(PBR306) authorizes up to $450 million share repurchase program. $STLD PR link.

Harley-Davidson(PBR400) in 3Q16 report says it expects to ship 264,000-269,000 motorcycles in 2016. $HOG PR link.

Scientific Games(PBR937) gets agreement with Penn Natl Gaming(PBR750 $PENN) to supply systems, games and table solutions to Tropicana Las Vegas and New Hollywood Casino Jamul-San Diego. $SGMS PR link.

TimeInc(PBR630) EVP/CFO Jeff Bairstow departing 11/07/16, Sue D’Emic to succeed him, other executive changes announced. $TIME PR link.

The US Dept of Labor says US September All Items Consumer Price Index +0.3% from August, Annual Unadjusted at 1.5%, August 1.1%. USDOL PR link.

The US Dept of Labor estimates US September Current Average Weekly Earnings at $887.18, +0.5% from August, +2.3% from September 2015. USDOL PR link.

Jobs: Manpower(PBR132) survey says 46% of US businesses have difficulties filling positions, lists top 10. $MAN PR link.

The National Assn of Homebuilders says US October Housing Market Index(HMI) at 63, September was 65, August 59. NAHB PR link.

Monday, October 17:

Macy’s(PBR97) to carry 30+ Brookstone specialty gift items, many technology related, in its stores and online. $M PR link.

Avnet(PBR100) completes $2.46/share, $919 million cash acquisition of UK based global distributor of electronic & related components Premier Farnell plc. $AVT PR link.

Community Health System(PBR125) to sell majority interest in its Home Health division to Almost Family(NASDAQ: AFAM). $CYH PR link.

SuperValu(PBR164) to sell Save-A-Lot business to Canada’s Onex Corp(TSX: OCX) for $1.365 billion. $SVU PR link.

Celanese(PBR369) to acquire Italy based 550 employees independent global thermoplastics compounder SO.F.TER Group. $CE PR link.

Constellation Brands(PBR377) to sell Canadian wines business to Ontario Teachers’ Pension Plan for $784.5 million. $STZ PR link.

Constellation Brands(PBR377) to acquire Columbia Valley, Washington, Charles Smith Wines for $120 million. $STZ PR link.

Netflix(PBR447) 3Q16 report says 86.74 million total streaming memberships, was 74.76 million 4Q15. $NFLX PR link.

Regions Financial(PBR450) acquires 30,000 rental units Low Income Housing Tax Credit corporate fund syndication and asset management businesses of First Sterling Financial. $RF PR link.

Coty(PBR524) to acquire UK high-end hairstyling appliances provider ghd for $510 million cash. $COTY PR link.

Snap-On(PBR641) to acquire Swedish collision repair equipment/truck alignment systems $95 million/yr Car-O-Liner for $155 million cash. $SNA PR link.

Orbital ATK(PBR655) launches 6th cargo delivery mission to International Space Station. $OA PR link.

Vail Resorts(PBR1032) completes $46.80/share, $1.8 billion cash/stock acquisition of Canada’s mountain resort Whistler Blackcomb. $MTN PR link.

Caterpillar(PBR54) Chairman/CEO Doug Oberhelman to retire on 03/31/17; group president Jim Umpleby to be CEO on 01/01/17. $CAT PR link.

VISA(PBR224) CEO Charlie Sharf resigns effective 12/01/16, board member Alfred Kelly to be CEO designate on 10/31/16. $V PR link.

Campbell Soup(PBR326) promotes Ed Carolan to president, C-Fresh, succeeds leaving Jeff Dunn; Bethmara Kessler promoted to SVP/Integrated Global Services. $CPB PR link.

Simon Property(PBR494) general counsel/secretary James Barkley to retire on 01/01/17, to be succeeded by Steven Fivel. $SPG PR link.

Greenbrier Cos(PBR846) promotes Mark Rittenbaum to EVP/Commercial & Leasing, succeeds retiring James Sharp. $GBX PR link.

The US Federal Reserve estimates US September Industrial Production Capacity at 75.4%, August was 75.3%, July 75.8%. FRB PR link.

The Federal Reserve Board of New York October Empire State General Business Conditions Index at -6.8, September was -2.0, October 2015 -11.4. FRBNY PR link.

Friday, October 14:

The PBR1000 Week Ending 10/14/16 US Stock Exchanges Recap:
DJIA ends week at 18,138.38, -0.56% from last Friday. -0.93% MTD/QTD, +4.09% YTD, -2.67% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,214.16, -1.48% from last Friday, -1.84% MTD/QTD, +4.13% YTD, -2.35% from record 5,339.52 on 09/22/16.
SPX ends week at 2,132.98, -0.96% from last Friday, -1.63% MTD/QTD, +4.36% YTD, -2.61% from record 2,190.15 on 08/15/16.

Boeing(PBR27) to build a St. Louis $300 million 424,000 sf facility for composite parts manufacturing for 777S jetliner, 700 jobs to be generated. $BA PR link.

Freeport-McMoRan(PBR128) to sell onshore California oil & gas properties for $742 million. $FCX PR link.

Monster Beverage(PBR785) to do 3:1 stock split on 11/09/16. $MNST PR link.

Boston Properties(PBR803) Salesforce Tower development reaches 867 feet, now tallest building in San Francisco, will go to 1,070 feet. $BXP PR link.

Hershey(PBR354) chairman/president/CEO John Bilbrey to retire from president/CEO roles on 07/01/17. $HSY PR link.

The US Dept of Treasury says US Total Receipts YTD(12 months) at $3.267 trillion, Outlays $3.854 trillion, Deficit $587 billion. Treas PR link.

The US Dept of Labor says US September Producer Price Index Total Final Demand at +0.3%, August was 0.0%, July -0.4%. USDOL PR link.

The US Dept of Commerce says US August Total Manufacturers/Retail/Wholesales Sales at $1.304 trillion, +0.16% from July, -0.03% from August 2015. USDOC PR link.

The US Dept of Commerce US Total September Retail Trade(Advance Report) at $459.8 billion, +0.6% from August, +2.7% from September 2015. USDOC PR link.

The University of Michigan October Preliminary Index of Consumer Sentiment at 87.9, September Final was 91.2, August 89.8. UMich PR link.

Thursday, October 13:

Amazon(PBR29) creating 120,000 seasonal jobs in customer fulfillment and customer service this holiday season. $AMZN PR link.

Kellogg(PBR198) to make its largest acquisition in S America, Brazilian biscuit, powdered beverage & pasta brands manufacturer Parati Group for $429 million cash; lowers buyback program to $450-550 million. $K PR link.

Kellogg(PBR198) announces goal to create 3 billion better days for people around the world. $K PR link.

Discovery Communications(PBR399) invests $100 million in new digital content holding company Group Nine Media, includes strategic partnership. $DISCA PR link.

Welltower(PBR635) completes $1.15 billion acquisition of Vintage Senior Living 19 properties California portfolio. $HCN PR link.

HCP(PBR834) to spin-off Quality Care Partners as an independent public REIT around 10/31/16, symbol NYSE: QCP. $HCP PR link.

International Paper(PBR117) SVP/CFO Carol Roberts & SVP William Hoel to retire on 03/31/17, to promote Glenn Landau to CFO 01/01/17; other senior management changes announced. $IP PR link.

S&P Global(PBR477) hires Ewout Steenbergen to be EVP/CFO starting 11/14/16. $SPGI PR link.

The US Dept of Labor estimates US September Imports Price Index at +0.1%, Exports +0.3%, Y-Y Imports -1.1%, Exports -1.5%. USDOL PR link.

Wednesday, October 12:

The PBR1000 Top 5 Corporations By Revenue Growth(Last FY)(Snapshot 3) are:

1. Fitbit(PBR859), $FIT, +149%
2. Zebra Tech(PBR560), $ZBRA, +119%
3. AECOM Tech(PBR146), $ACM, +115%
4. Dollar Tree(PBR167), $DLTR, +80%
5. Kraft Heinz(PBR142), $KHC, +68%

Range: +149% to -66%
Companies >+0%: 505
Median: +0.1%

To get the full list with more details and the 14 other analytical snapshots get a monthly or significantly discounted annual The PBR1000 subscription today! Subscribe link.

Walmart(PBR1 $WMT) raises salaries by enough to beat new overtime rules. MarketWatch PR link.

Icahn Enterprises(PBR147) extends $9.25/share cash tender offer for Federal-Mogul to 10/28/16. $IEP PR link.

Stanley Black & Decker(PBR249) to acquire Tools business from Newell Brands(PBR434 $NWL) for $1.95 billion cash. $SWK PR link.

Polaris Industries(PBR531) to acquire private off-road jeep/truck aftermarket accessories $740 million/yr Transamerican Auto Parts for $665 million. $PII PR link.

LPL Financial(PBR543 $LPLA) faces challenges as it mulls alternatives. MarketWatch PR link.

Tesla(PBR651) $25.83/share $2.6 billion stock deal to acquire Solar City($SCTY) to be voted on by both shareholder groups on 11/17/16. $TSLA PR link.

SunEdison(PBR782) receives notification from SEC, conducting a fact-finding investigation, accompanied by DOJ subpoena. $SUNEQ PR link.

PC Connection(PBR786) to acquire NJ based 500 partners 25,000 OEM-authorized partners in 174 countries IT procurement & service management co GlobalServe. $CNXN PR link.

Wells Fargo(PBR30) chairman/CEO John Stumpf retires; president/COO Tim Sloan elected president/CEO. $WFC PR link.

Fiserv(PBR474) hires Devin McGranahan as president/Billing & Payments Group, effective 11/01/16, succeeds leaving Rahul Gupta. $FISV PR link.

The US Federal Reserve releases the FOMC minutes for the 09/20-21/16 meeting. Anticipates federal funds rate increase soon. FRB PR link.

The US Dept of Labor says August US Job Openings at 5.443 million, -6.6% from July, +2.5% from August 2015. USDOL PR link.

PC Market: Chromebooks destroyed Apple in back-to-school shopping. MarketWatch PR link.

CBRE(PBR301) study finds San Francisco the nation’s greenest city. $CBG PR link.

Tuesday, October 11:

GE(PBR9) to acquire Denmark’s global designer & manufacturer of wind turbine blades LM Wind Power for $1.65 billion. $GE PR link.

Altria Group(PBR110) now has 9.6% voting stake in Anheuser-Busch InBev; expands $1 billion share repurchase program to $3 billion, to be completed by 06/30/18. $MO PR link.

ConAgra(PBR166) to complete spin-off of potato foods provider Lamb Weston as an independent public company on 11/09/16; increases existing share repurchase program to $1.25 billion. $CAG PR link.

YUM!(PBR217) details transformation plans after planned 10/31/16 separation of YUM China. $YUM PR link.

Molson Coors(PBR558) completes acquisition of full ownership of MillerCoors & global Miller brand portfolio. Now 3rd largest world brewer by enterprise value. $TAP PR link.

Domino’s Pizza(PBR889) 111 Boston area stores to hire 1,000 new team members. $DPZ PR link.

Intl Flavors & Fragrances(PBR666) promotes Richard O’Leary to EVP/CFO, succeeds leaving Alison Cornell. $IFF PR link.

CoreLogic says August Housing Seriously Delinquencies at 1.085 million, -1.6% from July, -20.6% from August 2015. CoreLogic PR link.

CoreLogic analysis shows between $4 billion and $6 billion in insured property loss from Hurricane Matthew: CoreLogic PR link.

NFIB says September Small Business Optimism Index at 94.1, August was 94.4, September 2015 was 96.0. NFIB PR link.

Monday, October 10:

The PBR1000 Fun Fact: The September Top 5 by Value(Market Cap) were(Snapshot 15):

1. Apple(PBR3), $AAPL, $609 billlion
2. Alphabet(PBR34), $GOOGL, $534 billion
3. Microsoft(PBR31), $MSFT, $449 billion
4. Amazon(PBR19), $AMZN, $397 billion
5. Facebook(PBR147), $FB, $368 billion

The PBR1000 Total: $21.133 trillion

Range: $609 billion to $0 billion
Average: $21 billion
Median: $6.4 billion

Become a The PBR1000 Subscriber today to get the full list of 1,000 plus 14 more insightful Snapshots!

Coca-Cola(PBR63) exercises call option to acquire Anheuser-Busch InBev‘s stake in Coca-Cola Beverages Africa. $KO PR link.

Tyson Foods(PBR80) to take 5% ownership stake in private plant-based protein producer Beyond Meat. $TSN PR link.

Duke Energy(PBR114) completes exit of international business in 2 deals from Central & South America valued at $1.2 billion each. $DUK PR link.

Facebook(228) makes its Workplace internal communications app available to any organization that wants to use it. $FB PR link.

Ross Stores(PBR253) opens 34 new stores in Sept/Oct, has added 93 stores in 2016. $ROST PR link.

Calpine Corp(PBR330) to acquire largest US independent power suppier to commercial/industrial retail customers Noble Americas Energy Solutions for $900 million. $CPN PR link.

TeleFlex(PBR923) gets FDA clearance for ARROW®JACC with Chlorag+ard® Technology central venous catheter and Tunneler. $TFX PR link.

Level 3 Communications(PBR375) promotes Andrew Dugan to CTO, Atilla Tinic to CIO. $LVLT PR link.

Blackhawk Network(PBR998) promotes David Tate to SVP/US Retail. $HAWK PR link.

Samsung issues update on Galaxy Note7 Safety Recall and Exchange Program. Samsung PR link.

Friday, October 7:

The PBR1000 Week Ending 10/07/16 US Stock Exchanges Recap:
DJIA ends week at 18,240.49, -0.37%% from last Friday/MTD/QTD, +4.68% YTD, -2.12% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,292.40, -0.37% from last Friday/MTD/QTD, +5.69% YTD, -0.88% from record 5,339.52 on 09/22/16.
SPX ends week at 2,153.74, -0.67% from last Friday/MTD/QTD, +5.37% YTD, -1.66% from record 2,190.15 on 08/15/16.

Johnson & Johnson(PBR37) affiliate Cilag GmbH International acquires outside the US rights from AstraZeneca for nasal spray Rhinocort Aqua for $330 million. $JNJ PR link.

Merck(PBR70) Animal Health unit gets USDA approval for innovative canine flu bivalent vaccine. $MRK PR link.

Oracle(PBR78) announces final extension of $109/share, $9.3 billion tender offer for NetSuite to expire 11/04/16. $ORCL PR link.

PPG Industries(PBR190) looking to reduce costs, okays new additional $2 billion share repurchase program, balance is $2.520 billion. $PPG PR link.

Mylan(PBR346) agrees to $465 million settlement with DOJ on Medicaid rebate classification for EpiPen auto-injector. $MYL PR link.

Carlyle Group(PBR581) to acquire Total affiliate specialty chemicals company Atotech for $3.2 billion. $CG PR link.

Pinnacle West(PBR620) subsidiary APS becomes only utility outside California to generate 1 gigawatt of solar energy capacity. http://bit.ly/2dKeTTZ

Intl Flavors & Fragrances(PBR666) completes acquisition of Philadelphia based $85 million/yr flavors developer David Michael. $IFF PR link.

The US Dept of Labor says US September Available Workforce at 159.9 million, 152.0 million Employed, 7.9M Unemployed, 5.0% Unemployment Rate. USDOL PR link.

The US Dept of Commerce estimates US August Wholesale Sales at $444.2 billion, +0.7% from July, +0.6% from August 2015. USDOC PR link.

The US Federal Reserve Bank estimates August Total US Consumer Credit Outstanding at $2.712 trillion, +0.7% from July, +6.3% from August 2015 FRB PR link.

Thursday, October 6:

The PBR1000 Stocks Fun Fact: The September YTD Top 5 Stock Gainers were(Snapshot 12):
1. Cliffs Natural Resources(PBR836), $CLF, +270%
2. Quad/Graphics(PBR480), $QUAD, +187%
3. Cloud Peak Energy(PBR989), $CLD, +162%
4. Navistar(PBR265), $NAV, +159%
5. Titan International(PBR950), $TWI, +157%

The PBR1000: +7.4%
DJIA: +5.1%
NASDAQ: +6.1%
SPX: +6.1%

Range: +270% to -99%, 666/1,000 companies were +0.00%, Median was +8.86%.

Walmart(PBR1) projects opening 130 new stores in US in FY2017, 55 in FY2018, to accelerate e-commerce offering. $WMT PR link.

CIT Group(PBR608) to sell its CIT Commercial Air unit to Avolon Holdings for $10.0 billion, to close by end of 1Q2017. $CIT PR link.

Blackhawk Network(PBR998) completes $118 million cash acquisition of UK based 20,000 clients global branding services provider Grass Roots Group. $HAWK PR link.

American Banking Assn says 2nd Quarter Consumer Delinquencies Composite Ratio at 1.35%, record low. ABA PR link.

Wednesday, October 5:

The PBR1000 Stocks Fun Fact: The September Top 5 Stock Gainers were:
1. Navistar(PBR265), $NAV, +63%
2. Conn’s(PBR910), $CONN, +52%
3. Scientific Games(PBR689), $SGMS, +37%
4. Liberty Media(PBR474), $LMCA, +34%
5. Cloud Peak Energy(PBR989), $CLD, +32%

Range: +63% to -42%, 491/1,000 companies were +0.00%, median was -0.10%.

MetLife(PBR39) to separate into 2 separate public companies with Brighthouse Financial filing Form 10 Registration Statement. $MET PR link.

Alcoa(PBR115) completes 1:3 reverse stock split. $AA PR link.

Eli Lilly(PBR142) subsidiary Elanco Animal Health to acquire Boehringer Ingelheim Vetmedica’s US feline, canine & rabies vaccines portfolio – as well as a fully integrated manufacturing and R&D site – for $885 million. $LLY PR link.

PSEG(PBR257) to retire two New Jersey coal plants on 06/01/16, generates 1,252 MW, employs 200. $PEG PR link.

Lennar(PBR340) completes $2.2 billion fund raising for long term development & ownership of Class A multifamily communities. $LEN PR link.

Constellation Brands(PBR377) to acquire Utah-based 70,000 cases/year high end High West Distillery. $STZ PR link.

Gannett(PBR414) acquires Golfweek, to be part of USA TODAY Sports Media Group. $GCI PR link.

LAM Research(PBR520) $10.6 billion planned acquisition of KLA-Tencor(PBR692 $KLAC) terminated by mutual agreement. $LRCX PR link.

Arch Coal(PBR691) completes financial restructuring, emerges from Chapter 11 bankruptcy, to re-list on NYSE: ARCH. $ACIIQ PR link.

Scientific Games(PBR937) acquires Karma Gaming‘s portfolio of interactive games used globally. $SGMS PR link.

Cincinnati Bell(PBR1027) completes 1:5 reverse stock split. $CBB PR link.

Red Robin(PBR1046) closes 9 restaurants, rebrands 3 others as Red Robin Express in strategic reevaluation of alternative fast casual platform. $RRGB PR link.

AIG(PBR46) hires Peter Solmssen as EVP/General Counsel, succeeds retiring Thomas Russo. $AIG PR link.

Advance Auto Parts(PBR279) hires Thomas Okray as EVP/CFO, effective 10/31/16, succeeds leaving Mike Norona. $AAP PR link.

Bristow Group(PBR919) hires Bill Collins as SVP/Global Operations. $BRS PR link.

The US Dept of Commerce estimates US August Manufacturing New Orders at $453.2 billing, +0.2% from July, -1.6% from August 2015. USDOC PR link.

The US Dept of Commerce says Total US Exports August YTD at $1.459 trillion, Imports $1.790 trillion, Deficit $331 billion. USDOC PR link.

ADP(PBR235) estimates US September Employment up 154,000, 34,000 from small businesses, 56,000 midsize, 64,000 large. $ADP PR link.

Markit says US September Composite PMI Output Index at 52.3, August was 51.5, July 51.8. Markit PR link.

The Institute for Supply Management says US September Non-Manufacturing Index at 57.1%, August was 51.4%, July 55.5%. ISM PR link.

Tuesday, October 4:

LKQ(PBR376) acquires UK‘s 102 locations auto parts distributor Andrew Page Ltd, terms not disclosed. $LKQ PR link.

Newell Brands(PBR434) in new growth game plan to sell off 10% of its portfolio companies that generate $1.5 billion in revenues, consolidate operations, & create a global e-commerce division. $NWL PR link.

Ascena Retail(PBR499) in Change for Growth program reorganizing into 4 business units serving 8 brands. $ASNA PR link.

WhiteWave Foods(PBR624) shareholders approve $56.25/share, $12.5 billion cash acquisition by France’s global food company Danone. $WWV PR link.

Concho Resources(PBR734) completes $1.625 billion 40,000 net Midland Basin acres acquisition, now has 150,000+ net acres. $CXO PR link.

SandRidge Energy(PBR975) emerges from Chapter 11 bankruptcy with $525 million in liquidity, starts trading again on NYSE: $SD. $SD PR link.

Vail Resorts(PBR1032) $46.80/share, $1.8 billion cash/stock acquisition of mountain resort Whistler Blackcomb gets Canada Act approval, expected to close on 10/17/16. $MTN PR link.

Discovery Communications(PBR399) to name Gunnar Wiedenfels as CFO, effective around 04/01/17, to succeed departing Andrew Warren. $DISCA PR link.

Dynegy(PBR777) promotes Martin Daley to EVP/COO, Carolyn Burke to EVP/Strategy, Mario Alonso to EVP/Plant Operations, names rest of executive management team. $DYN PR link.

PurdueU/CME September Ag Barometer at 101, August was 95, July 112; continues to favor livestock. PU/CME PR link.

Monday, October 3:

Ford(PBR10) US September Sales at 204,447 vehicles, -8% from year ago, best 2016 month for F-Series vehicles. $F PR link.

Illinois to suspend $30 billion in investment activity with Wells Fargo(PBR30 $WFC). MarketWatch PR link.

Microsoft(PBR31) increases European cloud investment to $3 billion, unveils cloud policy recommendations. $MSFT PR link.

Capital One(PBR116) to be exclusive long-term card issuing partner with Cabela’s(PBR606) upon completion of acquisition by Bass Pro Shops. $COF PR link.

Community Health System(PBR125) adopts a short-term stockholder protection rights agreement. $CYH PR link.

Tenet Healthcare(PBR161) to pay $514 million per agreement with federal & state authorities for improper referral source arrangements at 4 hospitals. $THC PR link.

Penske Automotive(PBR170) acquires Audi, Land Rover, Volvo & 3 Porsche franchises in Bologna area of N Italy, to add $200 million in annual revenues. $PAG PR link.

Allergan(PBR219) gets exclusive worldwide license from AstraZeneca for $250 million plus up to $1.27 billion to develop & commercialize Crohn’s Disease therapy MED12070. $AGN PR link.

RR Donnelley(PBR243) completes spinoff of LSC Communications(NYSE: LKSD) & Donnelley Financial(NYSE: DFIN); Daniel Knots is new CEO; completes 3 for 1 reverse stock split. $RRD PR link.

Marathon Oil(PBR250) sells certain non-operated assets in W Texas/New Mexico for $235 million, has sold $1.5 billion in non-core assets since 08/15. $MRO PR link.

Air Products(PBR267) completes spinoff of electronics materials division now called Versum Materials(NYSE: VSM). $APD PR link.

Dover(PBR343) to sell Tipper Tie, its global supplier of processing & clip packaging machines, to JBT Corp(NYSE: JBT) for $160 million. $DOV PR link.

Dover(PBR343) acquires Italy’s global automotive service equipment manufacturer Ravaglioli SpA for $274 million. $DOV PR link.

Salesforce(PBR453 $CRM) to buy data startup Krux for $700 million. MarketWatch PR link.

TeamHealth(PBR498) acquires 150 physicians 100 advanced practice clinicians Florida Emergency Physicians, serve 600,000 patients/year. $THC PR link.

Cabela’s(PBR606) to be acquired by Bass Pro Shops for $65.50/share, $5.5 billion. $CAB PR link.

CIT Group(PBR608) sells $700 million in assets 135 employees Canadian equipment finance & corporate finance businesses to Laurentian Bank of Canada. $CIT PR link.

Green Plains(PBR649) acquires world’s largest manufacturer & marketer of food-grade industrial vinegar Fleischmann’s Vinegar Co for $250 million. $GPRE PR link.

Tesla(PBR651) 3Q16 production at 15,800 Model S, 8,700 Model X, total 24,500, 2Q16 total was 18,345. $TSLA PR link.

AMSURG(PBR945) Sheridan division acquires N California’s 38 physicians covering 7 facilities Fidere Anesthesia Consultants. $AMSG PR link.

American Capital Agency(PBR992) completes name change to AGNC Investment Corp. $AGNC PR link.

Dick’s Sporting Goods(PBR367) promotes Lee Belitsky to EVP/CFO. $DKS PR link.

A. Schulman(PBR791) hires John Richardson as EVP/Finance, to succeed Joseph Levanduski as CFO on 11/01/16. $SHLM PR link.

Plexus(PBR807) promotes Steve Frisch to EVP/COO. $PLXS PR link.

The US Dept of Commerce estimates US August Total All Construction Annual Rate at $1.142 trillion, -0.7% from July, -0.3% from August 2015. USDOC PR link.

Inst for Supply Management says US September PMI at 51.5%, August was 49.4%, July 52.6%. ISM PR link.

Markit says US September PMI at 51.5, August was 52.0, weakest upturn in new orders for 9 months. Markit PR link.

TrueCar estimates Total September US Auto Sales at $47 billion, -0.3% from September 2015; Average Price $33,090, +2.0% from September 2015. TrueCar PR link.

Automotive News estimates Total September US Vehicles Sold was 1,434,483, -5.1% from August, -0.7% from September 2015. Automotive News PR link.

Survey says Holiday Retail Shopping to Increase 4%. CFO.com PR link.

(The PBR1000 is the premiere business intelligence service covering over 1,000 of the largest publicly held companies with principle or administration headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to The PBR1000 subscribers. Users worldwide include C-level executives, entrepreneurs,  sales/marketing/advertising professionals, investors/investment advisors, business professors/students, human resources/career counselors/job seekers, federal/state/local government agencies, social causes organizations, to name just a few. To order your monthly or significantly discounted annual subscription, just go to the PBRMarketTools.com Subscribe page.)

(Photo courtesy of FreeDigitalPhotos.net, Stuart Miles)

Copyright © 2016 by Pax Business Resources, LLC, All Rights Reserved.

Filed Under: Recaps Tagged With: , , , , , , , , , , , , , , ,

The PBR1000 September 2016 Stocks/Commodities Snapshots

October 24, 2016 by

September 2016: When Will Fed Rates Rise, How Will Stocks Respond?

Wall Street photo_8905_20091020

Wall Street Anxiously Waits. Federal Funds Rates Will Increase, But When?

By Larry C. Paxton

There were some big swings in the major US Stock Exchanges  during September 2016. The NASDAQ showed the most variability with 13 days positive, 8 days negative and had only 9 trading days out of 21 that varied between a -0.50% to +0.50% change. The longest streaks also belonged with the NASDAQ with a 4 day win streak and all 3 had some 2 day loss streaks. September 9th experienced the biggest swing during the month with all 3 exchanges losing over 2% based on concern that the Federal Reserve would raise federal funds interest rates. The ongoing saga of the ups and downs of the oil markets continued to contribute some anxieties throughout the month as well.

It is still uncertain if the UK’s leaving the European Union, Brexit, will be soft or hard, the effect will be more dramatic for the EU countries, but there will also be some impact on the US economy and stocks.

The stock market also seems to also be taking a “wait and see” attitude on the contentious US presidential race as the candidates continue to roll out their economic plans which are then immediately attacked as horrible by both sides.

The PBR1000 companies in The Top 5 Tables continue to be spread across a wide variety of industries.

If you are not a current Subscriber to the highly acclaimed The PBR1000 Snapshots  just click here to get your 13 month subscription and automatically download the September 2016 15 Snapshots edition.

The following partial tables are excerpts from The PBR1000 September Snapshots. The stock price is for the close of trading on September 30th, Month % Chg is compared to August 31st, YTD % Chg is compared to December 31, 2015, and the 21 Months % Chg is compared to December 31, 2014.

Table 1(S11): The PBR1000 Top 5 Month Stock Price % Gainers

Table 1 Summary: The range was +63.03% to -42.32%. 491 out of 1,000 stock prices were up 0.00% or more. The average was a gain of 0.18%, the median was a loss of 0.10%.

Company PBR
Rank		 Symbol Price
09/30/16		 Mo
% Chg		 YTD
% Chg		 21 Mos
% Chg
Navistar
 264 NAV 22.89 +63.03 +158.94 -31.63
Conn’s
 906 CONN 10.32 +51.99 -56.03 -44.78
Scientific Games
 688 SGMS 11.27 +36.61 +25.64 -11.47
Liberty Media
 472 LMCA 28.65 +33.88 -27.01 -18.77
Cloud Peak Energy
 986 CLD 5.44 +31.72 +161.54 -40.74

Table 2(S12): The PBR1000 Top 5 Year-To-Date Stock Price % Gainers

Table 2 Summary: The range was +270.25% to -99.01%. 661 out of 999 stock prices were up 0.00% or more. The average was a gain of 7.58%. The median was a gain of 9.13%.

Company PBR
Rank		 Symbol Price
09/30/16		 Mo
% Chg		 YTD
% Chg		 21 Mos
% Chg
Cliffs Natural Resources
 832 CLF 5.85 +2.63 +270.25 -18.07
Quad/Graphics 479 QUAD 26.72 -1.37 +187.31 +16.38
Cloud Peak Energy
 986 CLD 5.44 +31.72 +161.54 -40.75
Navistar
 264 NAV 22.89 +63.03 +158.94 -31.63
Titan International
 946 TWI 10.12 +10.12 +156.85 -4.80

Table 3(S13): The PBR1000 Top 5 20 Months Stock Price % Gainers

Table 3 Summary: Range was +241.75% to -99.74%. 471 out of 994 stock prices were up 0.00% or more. The average was a gain of 2.07%. The median was a loss of 1.24%.

Company PBR
Rank		 Symbol Price
09/30/15		 Mo
% Chg		 YTD
% Chg		 21 Mos
% Chg
NVIDIA
 453 NVDA 68.52 +11.71 +107.89 +241.75
Amazon 19 AMZN 837.31 +8.86 +23.88 +169.80
AMD 533 AMD 6.91 -6.62 +140.77 +158.80
Activision Blizzard 480 ATVI 44.30 +7.08 +14.44 +119.85
Insperity
 718 NSP 72.64 +10.82 +50.86 +114.34

Table 4(S15): The PBR1000 Top 5 Market Capitalization

Table 4 Summary: Range was $609.16 billion to $0.00 billion. The average is $21.15 billion, median is $6.40 billion, out of 999 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
09/30/16		 Mo
% Chg		 YTD
% Chg		 21 Mos
% Chg
Apple
 3 AAPL 609.16 +6.55 +3.80 -5.91
Alphabet
 35 GOOG 534.21 +1.34 +2.36 +49.60
Microsoft
 25 MSFT 448.85 +0.24 +1.28 +17.22
Amazon
 19 AMZN 396.95 +8.86 +25.29 +176.34
Facebook 147 FB 368.35 +1.71 +24.45 +69.36
The PBR1000
   21,132.84 -0.17 +5.16 +3.03

Table 5: The PBR1000 Index & Selected Stock Exchanges/Commodities

Company Price
09/30/16		 Mo
% Chg		 YTD
% Chg		 21 Mos
% Chg
The PBR1000 71,739.53 +0.18 +7.58 +2.07
DJIA 18,308.15 -0.50 +5.07 +2.72
NASDAQ 5,312.00 +1.89 +6.08 +12.16
S&P500 2,168.77 -0.12 +6.08 +5.31
GOLD 1,318.80 +0.44 +24.39 +11.30
SILVER 19.25 +2.39 +39.49 +23.40
OIL 48.05 +7.02 +29.72 -9.80

Have questions on The PBR1000 or The PBR US Economic Indices Monthly Snapshots? Please contact us at Sales@PBRMarketTools.com or call us at 520-282-4100.

Don’t forget to follow us on Twitter at @ThePBR1000.

(The PBR1000 provides astute investors and business professionals with the data, news, and analysis for taking higher probability of success actions. The PBR1000 covers over 1,000 of the largest publicly held companies with principle or administrative headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to Subscribers of The PBR1000. Subscribers include C-level executives, entrepreneurs, sales/marketing/advertising professionals, investors/investment advisers, business professors/students, career counselors/job seekers, to name just a few. To order your monthly or significantly discounted annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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Filed Under: Snapshots Tagged With: , , , , , , , , , , , , , ,

The PBR1000 September 2016 Breaking News Recap

October 3, 2016 by

September  2016: 3rd Quarter Sets The Stage For Year End

ID-10088157 Plan ABC Signpost-Stuart Miles

Will The US Presidential Election Help You Decide Which Plan To Implement?

 

By Larry C. Paxton

The 3rd quarter has come to an end leaving a lot of questions to be resolved in the 4th quarter.

The biggest US event will be the election of the next president. It is an unconventional race and more emotional than usual. We experienced the first presidential debate in late September. In October we will have the opportunity to see a vice-presidential debate followed by the 2 remaining presidential debates, with the election being the climactic event on November 8. Although neither candidate has been president before, it is a very negative campaign, and neither has a positive approval rating,  the question is: Which one will get fired by the American voters?

Here’s a quick September 2016 summary on key activities that relate to The PBR1000:

US Presidential Debates: 1 down, 2 to go, 1 Vice Presidential debate to be held.

Mergers & Acquisitions: 26 deals worth over $1 billion  initiated, closed, or updated. The most prominent is the controversial proposed acquisition of Monsanto(PBR187) by Germany’s Bayer AG for $66 billion.

Reorganizations/Spinoffs: 5

Bankruptcies: 3 indicating they are emerging from their bankruptcy.

CEO Changes: 20 announced.

Jobs: Several retailers announce their plans for holiday/seasonal hiring.

US Economy: Continued modest/moderate growth, stable but fragile, no federal funds rate increase, but will there be one before the end of the year?

International: Deutsche Bank issues, China slowdown, Bank of Japan decision, fluctuating oil prices, OPEC oil production agreement(really?), North Korea missile tests, Middle East conflicts, refugee crisis, climate change, all continue to create uncertainty.

For more details here are The PBR1000 corporate and economic related breaking news items of interest with hotlinks to the sources for September 2016, starting with the last active business day.

Friday, September 30:

The PBR1000 End of September US Stock Exchanges Snapshot:
DJIA ends September at 18,308.15, +0.26% from last Friday, -0.50%% MTD, +2.11% QTD, +5.07% YTD, -1.76% from record 18,636.05 on 08/15/16.
NASDAQ ends September at 5,312.00, +0.12% from last Friday, +1.89% MTD, +9.69% QTD, +6.08% YTD, -0.52% from record 5,339.52 on 09/22/16.
SPX ends September at 2,168.27, +0.17% from last Friday, -0.12% MTD, +3.31 QTD, +6.08% YTD, -1.00% from record 2,190.15 on 08/15/16.

Archer-Daniels-Midland(PBR34) acquires Lake Bluff, IL, 60 employees toll manufacturer of specialty gluten-free and high-protein pastas Caterina Foods. $ADM PR link.

C.H. Robinson(PBR215) completes $225 million cash acquisition of New Zealand/Australia $251 million/FY16 freight forwarding/customs brokerage services provider APC Logistics. $CHRW PR link.

Cognizant Technology(PBR272) conducting internal investigation regarding certain possible improper payments in India; DOJ, SEC notified. $CTSH PR link.

Salesforce(PBR453 $CRM) to press regulators to block Microsoft(PBR31 $MSFT)-LinkedIn(PBR843 $LNKD) deal. MarketWatch PR link.

Lexmark(PBR601) receives US regulatory approval to proceed with $40.50/share, $3.6 billion cash acquisition by Apex Technology/PAG Asia Capital, needs China approval, expects to close in 2016. $LXK PR link.

SemGroup(PBR866) completes acquisition of Rose Rock Midstream(NYSE: RRMS). $SEMG PR link.

Cognizant Technology(PBR272) promotes Raj Mehta to company president, succeeds Gordon Coburn who has resigned. $CTSH PR link.

Berry Plastics(PBR488) promotes Tom Salmon to president/COO; chairman/CEO Jon Rich to retire from CEO role in 02/17. $BERY PR link.

Clean Harbors(PBR629) vice-chairman/president Jim Rutledge has retired. $CLH PR link.

Allison Transmission(PBR865) hires John Coll as SVP-Global Marketing, Sales & Service. $ALSN PR link.

The US Dept of Treasury says 09/29/16 US Total National Debt at $19.533 trillion, +0.12% from August, +3.76% YTD. Treasury PR link.

The US Dept of Commerce estimates US August Total Personal Income Annual Rate at $16.049 trillion, +0.25% from July, +3.87% from August 2015. USDOC PR link.

US Energy Information Adminstration says 09/23/16 Crude Oil Stocks at 502.7 million barrels, -4.4% from 08/26/16, +9.8% from 09/25/15 EIA PR link.

U of Michigan September Consumer Sentiment Index at 91.2, August was 89.8, September 2015 87.2. UMich PR link.

The September MNI Chicago Business Barometer at 54.2, August was 51.5, July 55.8. MNI/ISM Chicago PR link.

Thursday, September 29:

Microsoft(PBR31) creates new AI and Research Group with 5,000 employees, lead by EVP Harry Shum. $MSFT PR link.

Piedmont Natural Gas(PBR993) $6.7 billion acquisition by Duke Energy(PBR114 $DUK) gets NC Utilities Commission approval, to close 10/03/16. $PNY PR link.

Alcoa(PBR115) to separate into two independent public companies, Alcoa & Arconic, on 11/01/16. $AA PR link.

Viacom(PBR212) confirms receipt of letter from 80% voting shareholder National Amusements to explore combination with CBS(PBR210 $CBS). $VIA PR link.

VISA(PBR224) celebrates 1 year anniversary of US chip card launch, lower fraud rates, mobile payments adoption, international acceptance. $V PR link.

Lithia Motors(PBR451) acquires $75 million/year Greiner Ford Lincoln of Casper, WY. Now has 152 stores. $LAD PR link.

Cliffs Natural Resources(PBR518) 2,000 US Steelworkers in Michigan & Minnesota ratify new 3 year labor contract. $CLF PR link.

AECOM(PBR322) names Randall Wotring president, technical/operational services. $ACM PR link.

American Eagle Outfitters(PBR640) hires Bob Madore as EVP/CFO, effective 10/28/16. $AEO PR link.

The US Dept of Commerce 2Q16 3rd Estimate of Real GDP Annual Rate at 1.4%, $18.450 trillion, +0.92% from 1Q16, +2.51% from 2Q15. USDOC PR link.

US Dept of Labor says US Total Unemployment Insurance Claims 4 Week Moving Average at 2,115,250, -1.9% from previous week, -6.1% previous year. USDOL PR link.

FreddieMac(PBR41): 30 Year Fixed Mortgage Rate Average at 3.42%, was 3.43% 08/25/16, 3.86% 09/24/15. $FMCC PR link.

Deutsche Bank crisis threatens to roil global markets. MarketWatch PR link.

OPEC reaches agreement on need to cut oil output. MarketWatch PR link.

Wednesday, September 28:

Medtronic(PBR133) gets FDA approval for world’s first hybrid closed loop insulin delivery system for people with Type 1 diabetes. $MDT PR link.

Abbott Labs(PBR134) gets FDA approval for continuous glucose monitoring system Freestyle Libre Pro. $ABT PR link.

Ashland(PBR407) spinoff Valvoline(NYSE: VVV) closes $22/share IPO, 170 million shares owned by Ashland, 34.5 million by public. $ASH PR link.

Bon-Ton Stores(PBR707) to hire 13,000 associates for the holiday season. $BONT PR link.

Chevron(PBR3) promotes Rhonda Morris to Corporate VP/Human Resources, effective 10/01/16. $CVX PR link.

State Street(PBR260) hires Eric Aboaf as EVP in 12/16, also becomes CFO in 03/17. $STT PR link.

Ferrellgas(PBR801) appoints founder/chairman James Ferrell as interim president/CEO, succeeds Stephen Wambold who has stepped down. $FGP PR link.

Tuesday, September 27:

Wells Fargo(PBR30) launches investigation into retail sales practices, CEO John Stumpf to forfeit $41 million in unvested equity awards. $WFC PR link.

American Express(PBR83) authorizes new repurchase program of up to 150 million shares. $AXP PR link.

Caesars Entertainment(PBR314), Caesars Entertainment Operating Co. announce key economic terms of proposed consensual restructuring plan for CEOC. $CZR PR link.

Boston Scientific(PBR356) to acquire endoscopy devices developer EndoChoice for $8.00/share, $210 million. $BSX PR link.

NCR(PBR383) creates history with its 100,000th ATM installation in India. $NCR PR link.

Boyd Gaming(PBR727) completes $380 million cash acquisition of Aliante Casino Hotel & Spa in Las Vegas. $BYD PR link.

Apollo Global Mgmt(PBR906) completes $1.6 billion acquisition of Outerwall(PBR824 $OUTR). $APO PR link.

Pier 1 Imports(PBR916) adopts short-term shareholder rights protection agreement. $PIR PR link.

Corrections Corp(PBR965) to reduce corporate headquarters staff by 50-55 in restructuring, has new cost reduction program. $CXW PR link.

SeaWorld(PBR1013) unveils major new attractions for 2017, investing $175 million. $SEAS PR link.

Tupperware(PBR746) promotes Tricia Stitzel to president/COO effective 10/01/16, succeeds Simon Hemus who becomes vice chairman. $TUP PR link.

The US Dept of Commerce says 2Q16 US Net International Investment Position at Assets $24.5 trillion, Liabilities $32.5 trillion, Deficit $8.0 trillion. USDOC PR link.

The Richmond Federal Reserve Bank says 5th District September Annualized Manufacturing Activity Index at -8%, Aug -11%, July +10%. September Annualized Services Activity Index at +13%, Aug +0%, July +8%. RichmondFed PR link.

Jobs: Labor-force participation rate decline is mostly structural, Fed’s Fischer says. MarketWatch PR link.

The Conference Board says the US September Consumer Confidence Index at 104.1, August was 101.8(1985=100). TCB PR link.

July S&P CoreLogic Case-Shiller Home Price Index at 183.47(01/2000=100), June 182.25, July 2015 174.66. HPI PR link.

The World Trade Organization says 2016 global trade to grow at slowest pace since financial crisis, +1.7%, revises 2017 forecast. WTO PR link.

Monday, September 26:

General Motors(PBR8 $GM) 3,900 auto workers in Canada ok new 4 year contract. MarketWatch PR link.

Johnson & Johnson(PBR37) Janssen Biotech unit gets FDA approval for STELARA® (ustekinumab) for the treatment of moderately to severely active Crohn’s disease in adults. $JNJ PR link.

Pfizer(PBR56) decides to remain one company with two distinct and complementary businesses. $PFE PR link.

YUM!(PBR217) to make Yum China a separate public company by 10/31/16; expects to repurchase $1.1 billion in shares by 12/31/16. $YUM PR link.

Ball Corp(PBR312) to sell Baltimore specialty tin plant to US based Independent Can Company for $25 million. $BLL PR link.

Green Plains(PBR649) completes $237 million cash purchase in bankruptcy sale of 3 Abengoa Bioenergy ethanol plants. $GPRE PR link.

Cracker Barrel(PBR729) authorizes up to $25 million share repurchase program. $CBRL PR link.

Great Plains Energy(PBR757) $12.2 billion acquisition of Westar Energy(PBR747 $WR) gets approval by both shareholder groups, on track to close in spring 2017. $GXP PR link.

Granite Construction(PBR831) to get 1/3 of $875 million joint venture design-build transit project in Hawaii. $GVA PR link.

PerkinElmer(PBR839) to reorganize into 2 business segments, Diagnostics and Discovery & Analytical Solutions. $PKI PR link.

Chemtura(PBR849) to be acquired by Germany based global specialty chemicals company LANXESS AG for $33.50/share, $2.5 billion cash. $CHMT PR link.

Staples(PBR122) interim CEO Shira Goodman now president/CEO. $SPLS PR link.

Lands’ End(PBR976) CEO Federica Marchionni steps down, EVPs Joseph Boitano & James Gooch are Co-Interim CEOs, search starts. $LE PR link.

The US Dept of HUD estimates US August New Family Home Sales Annual Rate at 609,000 units, -7.6% from July, +20.6% from August 2015. HUD PR link.

Harvard economics professor Ken Rogoff warns ‘hard landing’ in China poses biggest threat to global economy. MarketWatch PR link.

Friday, September 23:

The PBR1000 Week Ending 09/23/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,261.45, +0.76% from last Friday, -0.76% MTD, +1.85% QTD, +4.80% YTD, -2.01% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,305.75, +1.17% from last Friday, +1.77% MTD, +9.56% QTD, +5.96% YTD, -0.63% from record 5,339.52 on 09/22/16.
SPX ends week at 2,164.69, +1.19% from last Friday, -0.29% MTD, +3.14% QTD, +5.91% YTD, -1.16% from record 2,190.15 on 08/15/16.

General Motors(PBR8 $GM) offers buyouts to 400 Cadillac dealers. MarketWatch PR link.

UPS(PBR47) & drone maker CyPhy Works test drone for urgent commercial delivery. $UPS PR link.

Amgen(PBR135) gets FDA approval for biosimilar AMJEVITA™ (Adalimumab-Atto) for treatment of seven inflammatory diseases. $AMGN PR link.

Carnival Corp(PBR184) cruise joint venture in China signs Memorandum of Agreement to order first new cruise ships built in China for the Chinese market. $CCL PR link.

Allergan(PBR219) gets FDA approval of NATRELLE INSPIRA® Cohesive breast implants. $AGN PR link.

Facebook(PBR228 $FB) apologizes for exaggerating video view times. MarketWatch PR link.

Williams Cos(PBR348) & Williams Partners(NYSE: WPZ) complete sale of Canadian businesses to Interline Pipeline(TSX: IPL) for $1.06 billion cash. $WMB PR link.

TransDigm(PBR810) completes acquisition of $75 million/2016 highly engineered valves and actuators manufacturer Young & Franklin, terms not disclosed. $TDG PR link.

hhgregg(PBR864) to hire 500 store associates for its 220 stores in advance of holiday surge. $HGG PR link.

Caterpillar(PBR54) VP/Chief Human Resources Officer Kim Hauer leaving 11/01/16, successor search starts. $CAT PR link.

USG Corp(PBR599) EVP Jennifer Scanlon to be president/CEO on 10/31/16 with retirement of chairman/president/CEO James Metcalf. $USG PR link.

Alliant Energy(PBR634) SVP/CFO Tom Hanson retiring on 12/31/16, Robert Duran to be VP/CFO/Treasurer on 12/01/16. $LNT PR link.

Tesla(PBR651) hires Eric Branderiz as VP/Corporate Controller & Chief Accounting Officer, effective 10/24/16. $TSLA PR link.

Endo Intl(PBR700) promotes Paul Campanelli to president/CEO, succeeds Rajiv De Silva who has stepped down. $ENDP PR link.

The US Federal Reserve proposes to restrict bank involvement with physical commodities. MarketWatch PR link.

Investing Opinion: How to make more money in the stock market: Put away your computer. MarketWatch PR link.

Thursday, September 22:

Lockheed(PBR64) adds $2.0 billion to share repurchase program, balance is now $4.3 billion. $LMT PR link.

Marriott Intl(PBR211) completes $13.3 billion acquisition of Starwood Hotels(PBR417), now has 30 brands, 5,700+ properties. $MAR PR link.

AutoZone(PBR290) authorizes additional $750 million for ongoing share repurchase program. $AZO PR link.

Lennar(PBR340) to acquire Florida community developer/luxury homebuilder WCI Communities(NYSE: WCIC) for $23.50/share, equity value $643 million. $LEN PR link.

Ashland(PBR407) to own 85% of common shares of public spinoff Valvoline, to start trading 09/23/16 on NYSE: VVV. $ASH PR link.

Yahoo!(PBR519) confirms some account information stolen on over 500 million users in late 2014, working with law enforcement. $YHOO PR link.

Tesla(PBR651 $TSLA) files lawsuit to sell cars directly to consumers in Michigan. MarketWatch PR link.

Scripps Networks(PBR732) gets multi-year, multi-platform deal with AT&T(PBR12) to continue to provide its live & on demand channels. $SNI PR link.

Jack in the Box(PBR987) adds $300 million stock buyback program, expires 11/18, $150 million remaining from previous programs. $JACK PR link.

Flowserve(PBR492) president/CEO Mark Blinn to retire upon appointment of successor. $FLS PR link.

The Federal Reserve Board of Chicago says the US August National Activity Index at -0.55, July was +0.24, June +0.09%, slow growth indicated. ChicagoFed PR link.

The National Assn of Realtors says US August Existing Home Sale Median Price was $240,200, -1.6% from July, +5.1% from August 2015. NAR PR link.

The Conference Board says US August Leading Economic Indicator at 124.1(2010=100), moderate growth ahead trend. TCB PR link.

The National Retail Federation says Halloween spending to reach $8.4 billion, highest in survey history. NRF PR link.

Wednesday, September 21:

Target(PBR40) authorizes new $5 billion share repurchase program, to go into effect upon completion of current $10 billion plan. $TGT PR link.

Caterpillar(PBR54) & its dealers to provide $1 billion over 5 years in business, education, & training across Africa. $CAT PR link.

Facebook(PBR228 $FB) founder/CEO Mark Zuckerberg & wife Priscilla Chan pledge $3 billion for eradicating diseases through their for profit philanthropic arm, Chan Zuckerberg Initiative, LLC. MarketWatch PR link.

WABCO(PBR704) & Mobileye NV(NYSE: MBLY) to introduce Advanced Driver Assistance System(ADAS) functionalities & Road Experience Management™ (REM™) technology for commercial vehicles. $WBC PR link.

Viacom(PBR212) cuts dividend; interim president/CEO Tom Dooley announces he is leaving effective 11/15/16. $VIA PR link.

Nordstrom(PBR214) appoints EVP Ken Worzel to president, Nordstrom.com; co-presidents responsibilities strategically shifted. $JWN PR link.

NCR(PBR383) hires Mark Benjamin as president/COO. $NCR PR link.

Kapstone(PBR826) Executive Chairman/CEO Roger Stone leaving CEO role on 01/01/17, president/COO Matt Kaplan to be president/CEO; other management changes announced. $KS PR link.

The US Federal Reserve votes 7-3 to keep the federal funds rate at 1/4-1/2%, sees improvement in the economy, but inflation still <2% goal. FRB PR link.

Healthcare: Abbott Labs(PBR134) quotes Plos One study that says malnutrition associated with disease adds $15.5 billion to direct US medical costs. $ABT PR link.

Indiana manufacturers, facing shortage of 1 million workers, go back to drawing board. MarketWatch PR link.

China says it will resume U.S. beef imports. MarketWatch PR link.

Tuesday, September 20:

Microsoft(PBR31) to complete current $40 billion share repurchase program by 12/31/16, authorizes new $40 billion program. $MSFT PR link.

Macy’s(PBR97) to hire 83,000 seasonal workers, 15,000 for fulfillment centers, hiring day event is 08/30/16. $M PR link.

Marriott Intl(PBR211) $13.3 billion acquisition of Starwood Hotels(PBR417 $HOT) receives antitrust approval in China, deal expected to close on 09/23/16. $MAR PR link.

Allergan(PBR219) to acquire liver therapies developer Tobira Therapeutics(NASDAQ: TBRA) for up to $1.695 billion cash/stock. $AGN PR link.

Allergan(PBR219) has acquired private liver disease therapies biopharma firm Akarna Therapeutics for $50 million. $AGN PR link.

DeVry Education(PBR905) voluntarily lowers its threshold on federal funding to 85%. $DV PR link.

Principal Financial(PBR265) promotes Deanna Strable to EVP, to add CFO title on 02/14/17, to succeed retiring Terry Lillis. $PFG PR link.

LabCorp(PBR413) hires John Ratliff to be CEO of Covance Drug Development on 10/01/16. $LH PR link.

Greenbrier Cos(PBR846) appoints Jim Cowan to new position of president, Greenbrier International. $GBX PR link.

US Dept of HUD estimates US August Private Housing Building Permits Annual Rate at 1.139 million, -0.4% from July, -2.3% from August 2015. HUD PR link.

FreddieMac(PBR41) September Outlook says mortgage originations poised to surge as economy sputters along. $FMCC PR link.

Monday, September 19:

Merck(PBR70 $MRK) being sued in US by Sanofi to defend its patent rights on Lantus® and Lantus® Solostar® insulin products. $SNY PR link.

Avnet(PBR100) to sell its global IT distributor Technology Solutions unit to Tech Data(PBR99 $TECD) for $2.6 billion cash/stock. $AVT PR link.

Community Health System(PBR125) in preliminary exploration of a variety of options and alternatives for its business. $CYH PR link.

Kohl’s(PBR149) hiring 69,000+ seasonal workers for the holidays. $KSS PR link.

Thermo Fisher Scientific(PBR175) completes $107.50/share, $4.2 billion cash acquisition of high performance electron microscopy provider FEI Company(NASDAQ: $FEIC). $TMO PR link.

SunTrust Banks(PBR307) commemorates its 125th anniversary. $STI PR link.

KBR(PBR395) completes $266 million acquisition of the Honeywell(PBR74 $HON) 3,550 employee $600 million/yr government services provider HTSI. $KBR PR link.

ON Semiconductor(PBR656) completes $20/share, $2.4 billion cash acquisition of Fairchild Semiconductor(PBR1000 $FCS). $ON PR link.

TerraForm Power exploring strategic alternatives including merger/acquisition, has confidentiality agreement with SunEdison(PBR782 $SUNEQ). $TERP PR link.

Pier 1 Imports(PBR916) gets SEC 13D filing by Alden Global disclosing it has a 9.5% stake in the company. $PIR PR link.

GoPro(PBR1010) intoduces new line of HERO5 cameras and its Karma drone. $GPRO PR link.

Intel(PBR51) hires Bob Swan as EVP/CFO, effective 10/10/16, succeeds Stacy Smith who is taking on other company roles. $INTC PR link.

Chipotle(PBR561) hires Jim Slater as Managing Director-Europe. $CMG PR link.

PolyOne(PBR586) promotes James Sloan to VP/Treasurer, succeeds Scott Leffler who has left for a CFO position. $POL PR link.

Wabash Natl(PBR917) promotes Brent Yeagy to president/COO, effective 10/01/16. $WNC PR link.

The National Assn of Homebuilders says September US National Housing Market Index at 65, August was 59, September 2015 61. NAHB PR link.

Friday, September 16:

The PBR1000 Week Ending 09/16/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,123.80, +0.21% from last Friday, -1.51% MTD, +1.08% QTD, +4.01% YTD, -2.75% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,244.57, +2.31% from last Friday, +0.60% MTD, +8.30% QTD, +4.74% YTD, -0.59% from record 5,275.91 on 09/06/16.
SPX ends week at 2,139.16, +0.53% from last Friday, -1.46% MTD, +1.92% QTD, +4.66% YTD, -2.33% from record 2,190.15 on 08/15/16.

Ford(PBR10) to accelerate autonomous vehicle research by moving researchers to new robotics lab at U of Michigan in collaborative effort. $F PR link.

AIG(PBR46) to sell stake in Ascot Lloyd’s Syndicate to Canadian Pension Plan for $1.1 billion, will net $240 million. $AIG PR link.

21st Century Fox(PBR91 $FOX) sues Netflix(PBR447 $NFLX) for poaching employees. MarketWatch PR link.

Abbott Labs(PBR134) to sell its Abbott Medical Optics vision care unit to Johnson & Johnson(PBR37 $JNJ)) for $4.325 billion cash. $ABT PR link.

Range Resources(PBR726) completes $15.75/share, $4.4 billion cash acquisition of N. Louisiana natural gas/oil company Memorial Resource Development Corp(ASDAQ: MRD). $RRC PR link.

Twitter(PBR790 $TWTR) reaches more than 2 million people during first broadcast of NFL’s Thursday Night Football. MarketWatch PR link.

Mattress Firm(PBR932) $64/share, $3.8 billion cash acquistion by S Africa based global integrated retailer Steinhoff is completed. $MFRM PR link.

Molina Healthcare(PBR284) hires Britt Travis as new VP/Medicare Sales. $MOH PR link.

The US Federal Reserve estimates US 2Q16 Households Networth at $89.063 trillion, +1.22% from 1Q16, +3.08% from 2Q15. FRB PR link.

The US Dept of Labor estimates US August Consumer Price Index for All Items was +0.2% from July, +1.1% over last 12 months. USDOL PR link.

The US Dept of Labor estimates US August Current Average Earnings/Hour at $25.73, +0.12% from July, +2.4% from August 2015. USDOL PR link.

The U of Michigan Preliminary US September Index of Consumer Sentiment at 89.8, August Final was 89.8, September 2015 was 87.2. UMich PR link.

Thursday, September 15:

Amazon(PBR29) announces newest & biggest 253 MW Wind Farm West Texas, to open late 2017, power almost 90,000 homes. $AMZN PR link.

Medtronic(PBR133) hires Mark Ploof as SVP/Global Operations & Business Services, succeeds retiring Gary Ellis. $MDT PR link.

Salesforce(PBR453) hires Tony Prophet to new position of Chief Equality Officer. $CRM PR link.

The US Dept of Labor says August US Producer Price Index unchanged from July, also unchanged for last 12 months. USDOL PR link.

The US Dept of Commerce estimates US Total August Mfr/Retail/Wholesale Sales at $1.304 trillion, -0.2% from July, -0.8% from August 2015. USDOC PR link.

The US Dept of Commerce estimates US August Total Retail Sales at $456.3 billion, -0.3% from July, +1.9% from August 2015. USDOC PR link.

The US Federal Reserve estimates US August Total Industry Capacity at 75.5%, July was 75.9%, +0.4% from Aug 2015 FRB PR link.

The Philadephia Federal Reserve says the September General Activity Indicator is at 12.8, August was 2.0, July -2.9. PhillyFed PR link.

The New York Federal Reserve September Empire State Manufacturing Survey General Business Conditions Index at -1.99, August was -4.21, July +0.55. NYFed PR link.

Wednesday, September 14:

Ford(PBR10) to invest $4.5 billion to introduce 13 new electrified vehicles by 2020, cost competitive autonomous ride-sharing vehicles by 2021. $F PR link.

UPS(PBR47) to hire about 95,000 full/part-time seasonal employees for the holiday season. $UPS PR link.

American Electric Power(PBR174) to sell 4 power plants totaling 5,200 MW to Blackstone(PBR352 $BX)/ArcLight joint venture for $2.17 billion. $AEP PR link.

Monsanto(PBR187) agrees to be acquired by Germany’s Bayer AG for $128.00/share, $66 billion cash. $MON PR link.

Allergan(PBR219) to acquire dermatologic conditions therapies developer Vitae Pharmaceuticals for $21.00/share, $639 million cash. $AGN PR link.

RR Donnelley(PBR243) to spinoff LSC Communications & Donnelley Financial Solutions on 10/01/16, then do 1:3 reverse stock split. $RRD PR link.

Chipotle(PBR561) hiring 5,000 people through second-annual national career day on 09/28/16. $CMG PR link.

Skechers USA(PBR808) launches joint venture in Israel. $SKX PR link.

Mattress Firm(PBR932) says Steinhoff has completed tender share acquisition offer, transaction to close soon. $MFRM PR link.

The US Dept of Labor estimates US August Imports Price Index -0.2% from July, Y-to-Y -2.2%, Exports -0.8%, Y-to-Y -2.4%. USDOL PR link.

Tuesday, September 13:

Sprint(PBR86) says pre-orders of Apple(PBR5 $AAPL) iPhone7 & iPhone7 Plus up 375% in first 3 days over last year. $S PR link.

T-Mobile US(PBR95) iPhone7 & iPhone7 Plus by Apple(PBR5 $AAPL) 4 day pre-orders up 4x from next most popular iPhone. $TMUS PR link.

Carlisle Cos(PBR650) adds 4.1 million shares to repurchase program, balance now 5.0 million shares. $CSL PR link.

Intl Flavors & Fragrances(PBR666) to acquire Philadelphia based $85 million/yr flavors developer David Michael. $IFF PR link.

Arch Coal(PBR691) plan of reorganization confirmed by court, expects to emerge from Chapter 11 bankruptcy in early 10/16. $ACIIQ PR link.

Scientific Games(PBR937) wins new 1,460 POS terminals deal with Germany’s $343 million/FY15 SACHSENLOTTO. $SGMS PR link.

JetBlue(PBR429) EVP/CFO Mark Powers to retire on 11/01/16, SVP/Treasurer Jim Leddy to serve as interim CFO. $JBLU PR link.

Tiffany & Co(PBR551) hires Mark Erceg as EVP/CFO, effective 10/18/16. $TIF PR link.

CIT Group(PBR608) hires Stuart Alderoty as EVP/General Counsel & Corporate Secretary. $CIT PR link.

Ruby Tuesday(PBR1041) president/CEO James Buettgen resigns, director F Lane Cardwell, Jr, appointed interim president/CEO; Sue Briley appointed CFO. $RT PR link.

The Atlanta Federal Bank president Dennis Lockhart to step down 02/28/17 after 10 yrs, successor search starts. AtlFed PR link.

The US Dept of Treasury says US August Receipts were $231.3 billion, Outlays $338.4 billion, Deficit $107.1 billion, FY YTD Deficit $620.8 billion. Treasury PR link.

Manpower(PBR132) says Net Employment Outlook of 18% last seen in Q4 2015, strongest since 2007. $MAN PR link.

CoreLogic estimates US July Homes In Serious Delinquency at 1,150,000, -17.3% from July 2015, 449,000 foreclosures completed in last 12 months. CoreLogic PR link.

Monday, September 12:

HP Inc(PBR19) to acquire Samsung Electronics’ printer business for $1.05 billion, plans to reinvent $55 billion printer business. $HPQ PR link.

Alphabet(PBR44 $GOOG)’s Verily Life Sciences unit & France based Sanofi form joint venture OnDue to develop diabetes management platform. Sanofi PR link.

Freeport-McMoRan(PBR128) selling its Deepwater Gulf of Mexico properties to Anadarko Petroleum(PBR154 $APC) for $2.0 billion cash. $FCX PR link.

Sanmina(PBR401) authorizes $150 million stock repurchase program. $SANM PR link.

Perrigo(PBR565 $PRGO) is sent letter by 4.6% shareholder Starboard Value regarding lack of value growth since rejection of Mylan(PBR346) offer. SV PR link.

Albemarle(PBR792) signs agreement for exclusive exploration and acquisition rights to lithium resource in Argentina. $ALB PR link.

E*Trade(PBR930) completes $725 million acquisition of Aperture New Holdings, parent of $104 million/2015 OptionsHouse; Karl Roessner appointed E*Trade CEO. $ETFC PR link.

Frontier Communications(PBR501) hires R Perley McBride to be EVP/CFO. $FTR PR link.

Amkor Technology(PBR659) promotes Megan Faust to VP/CFO, succeeds leaving Joanne Solomon. $AMKR PR link.

Weight Watchers(PBR988) CEO James Chambers resigning, effective 09/30/16, interim office of CEO formed, new CEO search starts. $WTW PR link.

Sunday, September 11:
*** 9/11 15th Anniversay.
*** Remembering Our Lost Ones,
*** Appreciating Our 1st Responders.

Friday, September 9:

The PBR1000 Week Ending 09/09/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,085.45, -2.20% from last Friday, -1.71% MTD, +0.87% QTD, +3.79% YTD, -2.95% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,125.91, -2.36% from last Friday, -1.67% MTD, +5.85% QTD, +2.37% YTD, -2.84% from record 5,275.91 on 09/06/16.
SPX ends week at 2,127.81, -2.39% from last Friday, -1.99% MTD, +1.38% QTD, +4.10% YTD, -2.85% from record 2,190.15 on 08/15/16.

General Motors(PBR8) recalling 3.64 million 2014-17 model year vehicles for potential front airbag non-deployment. $GM PR link.

Ford(PBR10) partnering with global cities on new transportation; Chariot Shuttle to be acquired, Ford GoBike to launch in San Francisco. $F PR link.

Air Products(PBR267) approves separation of Versum Materials as independent public company, to start regular trading on NYSE: VSM on 10/03/16. $APD PR link.

MGM Resorts(PBR273) Theater at MGM National Harbor, Maryland, partners exclusively with Live Nation(PBR366 $LYV) for booking/ticketing services. $MGM PR link.

Scientific Games(PBR937) new lottery gaming system goes live in Arizona per 5 year contract won in 07/15. $SGMS PR link.

SandRidge Energy(PBR975) to emerge from Chapter 11 bankruptcy within 30 days per court approval of reorganization. $SDOCQ PR link.

Lumber Liquidators(PBR1061) hires Marty Agard as CFO, Chris Thomsen as SVP/CIO. $LL PR link.

The US Dept of Commerce estimates US July Total Wholesale Sales at $441.9 billion, -0.45% from June, -1.01% from July 2015. Commerce PR link.

Thursday, September 8:

Ford(PBR10) surpasses 1 million vehicle sales in Asia Pacific YTD after record setting August. $F PR link.

Walgreens Boots Alliance(PBR36) anticipates divesting 500-1,000 stores to acquire Rite Aid(PBR105 $RAD) per discussions with FTC, expects to close $17.2 billion cash deal in 2H2016. $WBA PR link.

Alphabet(PBR44)’s Google to acquire API developer Apigee(NASDAQ: APIC) for $17.40/share, $625 million. $APIC PR link.

Enterprise Products(PBR59) withdraws indication of interest in acquisition of Williams Cos(PBR348 $WMB). $EPD PR link.

AMSURG(PBR945) Sheridan division acquires 2 S California anesthesiology practices with 27 physicians covering 6 independent facilities. $AMSG PR link.

A-Mark Precious Metals(PBR419) EVP/COO Thor Gjerdrum now president with 3 year contract, David Madge now Chief Marketing Officer. $AMRK PR link.

PulteGroup(PBR428) promotes president Ryan Marshall to CEO, succeeds retiring Richard Dugas, Jr, who remains executive chairman. $PHM PR link.

Swift Transportation(PBR547) founder/CEO Jerry Moyes to retire 12/31/16, president/COO Richard Stocking named president/CEO. $SWFT PR link.

The US Dept of Labor says US June Total Employee Average Compensation/Hour Costs were $23.35 for wages/salaries, $10.70 for benefits, total $34.05. USDOL PR link.

Wednesday, September 7:

EMC Corp(PBR111) $59 billion acquisition by Dell is completed, creates largest privately controlled tech company. $EMC PR link.

Alcoa(PBR115) announces boards of directors for future Arconic and Alcoa Corp. $AA PR link.

Kohl’s(PBR149) to open 937,000 sf ecommerce fulfillment center in Indianapolis area in 2017 with 300 fulltime & 600 parttime jobs. $KSS PR link.

Apache Corp(PBR208) says its Alpine High acreage in southern Delaware Basin has 75 trillion cubic feet of rich gas & 3 billion barrels of oil. $APA PR link.

Caesars Entertainment(PBR314) to debut Gamblit Gaming skill-based casino games in some CA and NV properties in October. $CZR PR link.

Williams Cos(PBR348) to consolidate from 5 to 3 operating units by early 2017. $WMB PR link.

LabCorp(PBR413) completes $2.40/share, $302 million cash acquisition of women’s health & reproductive genetics provider Sequenom(NASDAQ: SQNM). $LH PR link.

S&P Global(PBR477) completes $1.1 billion sales of J.D. Power unit to investments firm XIO Group. $SPGI PR link.

S&P Global(PBR477) to sell Equity and Fund Research unit to CFRA, terms not disclosed. $SPGI PR link.

Liberty Media(PBR534) to acquire Formula One racing, $8 billion enterprise value. $LMCA PR link.

A.O. Smith(PBR815) to do 2:1 stock split on 09/21/16. $AOS PR link.

Revlon(PBR900) completes $14/share, $870 million acquisition of global beauty products provider Elizabeth Arden(NASDAQ: $RDEN). $REV PR link.

Cedar Fair(PBR977) reports 20.5 million visitors from 2015 Labor Day weekend through 2016 Labor Day weekend, average per guest capital spending at $46.71. $FUN PR link.

Activision Blizzard(PBR540) hires Pete Vlastelica as president/CEO of its Major League Gaming Division. $ATVI PR link.

Pier 1 Imports(PBR916) CEO Alex Smith to leave by mutual agreement effective 12/31/16, new CEO search starts. $PIR PR link.

The US Federal Reserve BeigeBook for July through late August notes modest growth pace, moderate payroll growth. FRB PR link.

The US Dept of Labor estimates US Total US July Job Openings at 5.871 million, +4.06% from June, +1.42% from July 2015. USDOL PR link.

Tuesday, September 6:

GE(PBR9) to acquire additive manufacturing(3D printing) companies Arcam(Sweden) & SLM(Germany) for $1.4 billion. $GE PR link.

Intel(PBR51) to acquire computer vision & machine intelligence developer Movidius, terms not disclosed. $INTC PR link.

Tesoro(PBR71) to acquire renewable energy biofuels technology developer Virent, terms not disclosed. $TSO PR link.

Danaher(PBR137) to acquire fully automated GeneXpert® systems developer Cepheid(NASDAQ:CPHD) for $53.00/share, about $4 billion cash. $DHR PR link.

Icahn Enterprises(PBR147 $IEP) to acquire outstanding shares it does not own in Federal-Mogul(NASDAQ: $FDML for $9.25/share cash. $FDML PR link.

EOG Resources(PBR159) to acquire private 1.6 million net acres Yates Petroleum in $2.5 billion deal. $EOG PR link.

Carnival Corp(PBR184) orders 3 new cruise ships, first to powered by liquified natural gas. $CCL PR link.

Monsanto(PBR187) confirms receipt of Germany’s Bayer AG new $127.60/share($65 billion) cash bid. $MON PR link.

Spectra Energy(PBR422) to be merged into Enbridge Inc(NYSE: ENB) in $28 billion deal, creates largest energy infrastructure company in N America. $SE PR link.

Chipotle(PBR561) SEC filing says Pershing Square investment group now holds 9.9% of common stock. $CMG PR link.

Arch Coal(PBR691) announces proposed board of directors for when it emerges from bankruptcy. $ACIIQ PR link.

ITT Educational(PBR1078) to cease operations at all ITT Technical Institutes following federal actions, affects 35,000 students. $ESI PR link.

Avnet(PBR100) interim CEO Bill Amelio now officially CEO. $AVT PR link.

Hormel Foods(PBR293) chairman/CEO Jeff Ettinger to retire from CEO role on 10/30/16, president/COO James Snee to become CEO on 10/31/16. $HRL PR link.

Lifepoint Hospital(PBR463) promotes Michael Coggin to CFO, effective 09/30/16, succeeds leaving Leif Murphy. $LPNT PR link.

TeamHealth(PBR498) hires Leif Murphy as president/CEO, succeeds retiring Mike Snow. $TMH PR link.

ISM US August Non-Manufacturing Index at 51.4%, July was 55.5%. ISM PR link.

PurdueU/CME Group US Aug Ag Barometer Future Expectations Index at 102, July was 121, June 107 Purdue/CME PR link.

Monday, September 5:

***US Stock Markets Closed.
***Federal Holiday: Labor Day.

Friday, September 2:

The PBR1000 Week Ending 09/02/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,491.96, +0.50% from last Friday, +0.49% MTD, +3.13% QTD, +6.12% YTD, -0.77% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,249.90, +0.59% from last Friday, +0.70% MTD, +8.41% QTD, +4.84% YTD, -0.23% from record 5,262.02 on 08/15/15.
SPX ends week at 2,179.98, +0.50% from last Friday, +0.42% MTD, +3.86% QTD, +6.66% YTD, -0.46% from record 2,190.15 on 08/15/16.

Ireland appeals E.U. ruling to collect billions in taxes from Apple(PBR5 $AAPL). MarketWatch PR link.

Caterpillar(PBR54) contemplates allocation of production from Gosselies, Belgium, to other manufacturing facilities. $CAT PR link.

New PG&E(PBR172) fleet inspects one million homes and businesses using super-sensitive gas-detecting technology. $PCG PR link.

YUM!(PBR217) gets Primavera Capital & Ant Financial to invest $460 million in YUM! China public spinoff on 11/01/16. $YUM PR link.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer for Fairchild Semiconductor(PBR1000 $FCS) to 09/16/16, currently has commitment of 74.0% of shares. $ON PR link.

Republic Airways(PBR1015) files motion with US Bankruptcy Court to approve comprehensive agreement on a long-term relationship with American Airlines(PBR69 $AAL). $RJETQ PR link.

Ferro Corp(PBR1054) promotes Ben Schlater to VP/CFO, succeeds leaving Jeffrey Rutherford; 3 other management changes made. $FOE PR link.

The US Dept of Labor says US August Employed at 151,614,000, +97,000 from July, +2,578,000 from Aug 2015, Unemployment Rate stays at 4.9%. USDOL PR link.

The US Dept of Commerce estimates US Total August YTD Exports at $1.271 trillion, Imports $1.561 trillion, Deficit $289 billion. USDOC PR link.

The US Dept of Commerce estimates US July Manufacturers Total New Orders at $454.7 billion, +1.86% from June, -3.54% from July 2015. USDOC PR link.

Thursday, September 1:

Walmart(PBR1 $WMT) eliminating 7,000 back-office store positions. MarketWatch PR link.

Proctor & Gamble(PBR33) starts spinoff of its P&G Specialty Beauty Brands, which will merge with Coty(PBR524 $COTY). $PG PR link.

JCPenney(PBR234) debuts first exclusive Fall capsule collection by plus size designer Ashley Nell Tipton. $JCP PR link.

MGM Resorts(PBR273) completes acquisition of 56% ownership stake in MGM China. $MGM PR link.

Calpine Corp(PBR330) to sell 375 MW natural gas fired Mankato Power Plant to Southern Co(PBR155 $SO) subsidiary for $395.5 million. $CPN PR link.

KKR(PBR332) completes acquisition of industry specific enterprise software global provider Epicor. $KKR PR link.

Sonoco Products(PBR480) to sell its 7 facilities with 850 employees rigid plastics blow molding operations to Amcor for $280 million. $SON PR link.

Ventas(PB671) completes $1.5 billion acquisition of Blackstone(PBR352 $BX)’s Wexford Science & Technology unit. $VTR PR link.

Synopsys(PBR879) replenishes stock repurchase authorization to $500 million. $SNPS PR link.

Verizon(PBR15) EVP/CFO Fran Shammo to step down on 11/01/16, SVP/CFO-Operations Matt Ellis to be successor. $VZ PR link.

CarMax(PBR202) president Bill Nash elected CEO, succeeds now non-executive chairman Tom Folliard. $KMX PR link.

Liberty Interactive(PBR263) promotes Mark Carleton to CFO, Chris Shean to Senior Advisor, Albert Rosenthaler to Chief Corporate Development Officer. $QVCA PR link.

Dean Foods(PBR289) EVP/COO Ralph Scozzafava to succeed CEO Gregg Tanner on 01/01/17. $DF PR link.

Fresh Del Monte(PBR528) president/COO Hani El-Naffy to transition out by 02/28/17, to remain member of the board. $FDP PR link.

Liberty Media(PBR534) promotes Mark Carleton to CFO, Chris Shean to Senior Advisor, Albert Rosenthaler to Chief Corporate Development Officer. $LMCA PR link.

Cooper Tire & Rubber(PBR625) new CEO is Bradley Hughes, succeeds retiring Roy Armes. $CTB PR link.

Tower Intl(PBR874) CFO James Gouin promoted to president, to become CEO on 01/01/17, to succeed retiring Mark Malcolm. $TOWR PR link.

Cooper Cos(PBR950) CFO Gregory Matz to retire 10/31/16, Albert White named successor. $COO PR link.

Cincinnati Bell(PBR1027) promotes Leigh Fox to president/COO, Andrew Kaiser to CFO. $CBB PR link.

The US Dept of Commerce estimates US July Total Construction Spending Annual Rate at $1.153 trillion, -0.03% from June, +3.45% from July 2015. USDOC PR link.

FreddieMac says 09/01/16 30 Year Fixed Mortgage Rates averaged 3.46% w/0.5 points, week ago 3.43%, year ago 3.89%. $FMCC PR link.

Manufacturing ISM Report on Business US August PMI Index at 49.4%, July was 52.6%, Aug 2015 51.0%. ISM PR link.

TrueCar estimates Total US August New Vehicle Sales at $50 billion, -1.7% from Aug 2015, average price $32,339, +0.4% from Aug 2015. TrueCar PR link.

Automotive News says Total US August New Auto Unit Sales at 1.511 million, -0.65% from July, -3.54% from Aug 2015. AutoNews PR link.

Check out the BLOG page for the previous RECAPS and SNAPSHOTS posts.

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The PBR1000 August 2016 Breaking News Recap

September 5, 2016 by

August 2016: A Wait and See Month?

business strategy process

Maybe Football Season Is The Best Time To Also Develop A New Winning Business Strategy!

By Larry C. Paxton

There were some opportunities for some major dramatics in August 2016, but not much materialized.

Perhaps much  of the excitement energy was transferred to the Rio De Janeiro 31st Olympiad which was center stage for half of the month. As always, it was a great celebration of sport at its best with dazzling performances in gymnastics, swimming, track & field, and many other events.

In the meantime US and global economic news continued to show moderate growth at best, with some big question marks regarding what Brexit really means. Mergers and acquisition activities were modest. There were no surprising leadership changes. The Federal Reserve did send a message that it might be open to increase the funds interest rate, but it would be a minimal increase.

With Labor Day being the traditional end of summer we enter a new season The big question is which will be more volatile, the economy, markets, the much anticipated U.S. Presidential debates, or the college and pro football season?

Following are The PBR1000 and economic related breaking news items of interest for August 2016, starting with the last active business day.

Wednesday, August 31:

The PBR1000 End of August US Stock Exchanges Snapshot:
DJIA ends August at 18,400.88, +0.03% from last Friday, -0.17%% MTD, +2.63% QTD, +5.60% YTD, -1.26% from record 18,636.05 on 08/15/16.
NASDAQ ends August at 5,213.22, -0.11% from last Friday, +0.99% MTD, +7.65% QTD, +4.11% YTD, -0.93% from record 5,262.02 on 08/15/15.
SPX ends August at 2,170.95, +0.09% from last Friday, -0.12% MTD, +3.43 QTD, +6.21% YTD, -0.88% from record 2,190.15 on 08/15/16.

Amazon(PBR29 $AMZN) and Wells Fargo(PBR30 $WFC) abruptly end student loan partnership. MarketWatch PR link.

Deere & Co(PBR81) to contest DOJ decision to block acquisition of Monsanto(PBR187 $MON) subsidiary The Climate Corp’s Precision Planting $100 million/year farming equipment unit. $DE PR link.

C.H. Robinson(PBR215) to acquire New Zealand/Australia $251 million/FY16 freight forwarding/customs brokerage services provider APC Logistics for $225 million cash. $CHRW PR link.

A-Mark Precious Metals(PBR419) acquires majority interest in Indiana based SilverTowne Mint, signs exclusive supplier agreement with global refiner/precious metals producer Asahi Refining USA. $AMRK PR link.

JetBlue(PBR429) flight 387 arrives in Santa Clara, Cuba, first US commercial flight to Cuba in over 50 years. $JBLU PR link.

Insight(PBR460) acquires Perth, Australia based technology consulting/managed services provider Ignia. $NSIT PR link.

Pioneer Natural Resources(PBR476) completes $450 million acquisition of 28,000 Midland Basin acres from Devon Energy(PBR143 $DVN). $PXD PR link.

NVIDIA(PBR510) in partnership with China’s Baidu to use artificial intelligence to develop cloud-to-car autonomous car platform. $NVDA PR link.

Brunswick(PBR584) completes acquisition of Germany based $41 million/2015 Indoor Cycling Group. $BC PR link.

IDEX(PBR861) completes $239 million acquisition of global Swiss based metal-to-metal seal & flow control solutions manufacturer SFC Koenig AG. $IEX PR link.

Fitbit(PBR870) opens Europe/Middle East/Africa headquarters office in Dublin, Ireland. $FIT PR link.

Apollo Global Mgmt(PBR906) extends $1.6 billion tender offer for Outerwall(824) to 09/22/16, 28.1% of shares tendered to date. $APO PR link.

Blackhawk Network(PBR998) to acquire UK based 20,000 clients global branding services provider Grass Roots Group for $118 million cash. $HAWK PR link.

McDonald’s(PBR101) USA president Mike Andres to retire at 2016 end, Chris Kempczinski named successor, other executive appointments named. $MCD PR link.

IDEX(PBR861) names Mike Yates as Interim CFO, effective 09/09/16, Heath Mitts is leaving. $IEX PR link.

ADP(PBR235) says 177,000 new US jobs created in August. $ADP PR link.

The Chicago August PMI Index falls 4.3 points to 51.5. MNI-ISM PR link.

Tuesday, August 30:

European Commission says Ireland gave illegal tax benefits to Apple(PBR5 $AAPL) worth up to $14.5 billion. EC PR link.

Apple(PBR5) CEO Tim Cook writes letter regarding history of taxes in European operations, says European Commission decision unfounded. $AAPL PR link.

Honeywell(PBR74) completes $1.5 billion acquisition of private supply chain & warehouse automatiion provider Intelligrated. $HON PR link.

KKR(PBR332) to acquire 4,000 clients contact centers & analytics software developer Calabrio, terms not disclosed. $KKR PR link.

Chipotle(PBR561) to offer free Kid’s Meals with purchase of an entre on Sundays during September. $CMG PR link.

Under Armour(PBR668) to open 1.3 million sf distribution center in Sparrows Point, MD, in summer 2018, employ 1,000. $UA PR link.

Brinker Intl(PBR697)’s Chili’s unit makes $30 million over 6 years commitment to St. Jude School Program. $EAT PR link.

Ford(PBR10) Credit unit group VP, chairman/CEO Bernard Silverstone retiring 10/01/16 after 37 years; Joy Falotico named successor. $F PR link.

General Cable(PBR418) hired Leah Stark in 07/16 as SVP/Chief Human Resources Officer. $BGC PR link.

S&P Global(PBR477) hires Steve Kemps as EVP/General Counsel. $SPGI PR link.

CIT Group(PBR608) rehires Jim Duffy to be EVP/Chief Human Resources Officer. $CIT PR link.

The Conference Board says the August Consumer Confidence Index(1985=100) is at 101.1, July was 96.7, Dec 2015 96.3. TCB PR link.

The S&P CoreLogic Case-Shiller June US National Home Price Index(Jan2000=100) at 182.42, May at 180.69, June 2015 173.61. CoreLogic PR link.

Monday, August 29:

Chevron(PBR3) to provide 0.65 million metric tons of liquid natural gas annually for 10 years to China through deal with ENN LNG Trading Company. $CVX PR link.

Amazon(PBR29) to open 850,000+ sf fulfillment center in Monee, IL. $AMZN PR link.

Walgreens Boots Alliance(PBR36) Walgreens unit & Prime Therapeutics to form new central specialty pharmacy/mail service businesses. $WBA PR link.

Mondelez(PBR87) says no longer pursuing acquisition of Hershey(PBR354 $HSY). $MDLZ PR link.

Southern Co(PBR155) subsidiary to acquire 147 MW Grant Plains wind facility in Oklahoma. $SO PR link.

NextEra Energy(PBR173) reaches agreements with 17 global financial institutions for $18.4 billion Oncor transaction. $NEE PR link.

Nordstrom(PBR214) to carry edited J. Crew collection in 16 full line stores & online beginning 09/12/16. $JWN PR link.

Core-Mark(PBR271) supply agreement with 1,100 Circle K stores in SE US not being renewed in 01/17. $CORE PR link.

Packaging Corp(PBR425) completes $386 million cash acquisition of independent corrugated products producer $324 million/2015 TimBar. $PKG PR link.

USG Corp(PBR599) to sell building product distributor L&W Supply unit to private $5.9 billion/2015 ABC Supply for $670 million cash. $USG PR link.

Verisk Analytics(PBR943) acquires offshore oil/gas data & subscriptions business of Quest Offshore. $VRSK PR link.

American Airlines(PBR69) promotes COO Robert Isom to president, succeeds leaving Scott Kirby. $AAL PR link.

United Continental(PBR77) hires Scott Kirby to new role of president. $UAL PR link.

KKR(PBR332) expands Asia-Pacific leadership team with new appointments in China, Korea, & Singapore. $KKR PR link.

The US Dept of Commerce estimates Total US July Personal Income Annual Rate at $16.023 trillion, +0.45% from June, +4.0% from July 2015 USDOC PR link.

Friday, August 26:

The PBR1000 Week Ending 08/26/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,395.40, -0.85% from last Friday, -0.20% MTD, +2.60% QTD, +5.57% YTD, -1.29% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,218.92, -0.37% from last Friday, +1.10% MTD, +7.77% QTD, +4.22% YTD, -0.82% from record 5,262.02 on 08/15/15.
SPX ends week at 2,169.04, -0.68% from last Friday, -0.21% MTD, +3.34% QTD, +6.12% YTD, -0.96% from record 2,190.15 on 08/15/16.

Judge denies Caesars Entertainment(PBR314 $CZR) litigation reprieve in $11 billion bondholder battle. MarketWatch PR link.

Herbalife(PBR354) CEO expresses appreciation for Carl Icahn‘s purchase of 2.3 million shares. $HLF PR link.

Rackspace(PBR935) to be acquired by Apollo Global Mgmt(PBR906 $APO) for $32.00/share, $4.3 billion cash. $RAX PR link.

The US Dept of Commerce 2nd Estimate 2Q GDP is 1.1%, $18.437 trillion, Personal Consumption Expenditures $12.965 trillion. USDOC PR link.

The Fed: Text of Janet Yellen’s speech at Jackson Hole, WY, symposium. When will interest rates go up? FRB PR link.

The U of Michigan August Final Index of Consumer Sentiment at 89.8, July was 90.0, Aug 2015 91.9. UMich PR link.

Investing: E*Trade(PBR930) study reveals varying ETF preferences of older & younger investors. $ETFC PR link.

Thursday, August 25:

Amazon(PBR29) introduces Amazon Vehicles, a car research destination & automotive community. $AMZN PR link.

Amazon(PBR29) to open 8th Texas fulfillment center, 2nd in Coppell. Employs over 10,000 full-time hourly workers in 5 current open facilities. $AMZN PR link.

Walgreens Boots Alliance(PBR36) exercises 2nd tranche of warrants to purchase AmerisourceBergen(PBR16 $ABC) shares, now owns 23.9% equity stake. $WBA PR link.

Freddie Mac(PBR41) & Fannie Mae(PBR17 $FNMA) to continue high loan-to-value refinancing HARP program through 09/30/17 when new program kicks in. $FMCC PR link.

Mylan(PBR346) providing options to cut retail cost of its EpiPen by 50% for eligible patients. $MYL PR link.

Berry Plastics(PBR488) to acquire flexible plastic packaging films manufacturer AEP Industries(NASDAQ: $AEPI) for $765 million cash/stock, includes debt. $BERY PR link.

ON Semiconductor(PBR656) receives FTC regulatory approval for acquisition of Fairchild Semiconductor(PBR1000 $FCS). tender offer still needs to be satisfied. $ON PR link.

Great Plains Energy(PBR757) $12.2 billion cash/stock acquisition of Westar Energy(PBR747 $WR) to be voted on by shareholders of both companies on 08/26/16, still expects to close in spring 2017. $GXP PR link.

Estee Lauder(PBR255) hires Andrew Ross as SVP/Strategy & New Business Development. $EL PR link.

Wednesday, August 24:

Pfizer(PBR56) to acquire small molecule anti-infective business from AstraZeneca for up to $1.575 billion plus royalties. $PFE PR link.

Lear Corp(PBR165) hires Dr. Andre Weimerskirch as VP, Cyber Security for E-Systems. $LEA PR link.

Williams Cos(PBR348) confirms receipt of investor Corvex‘s director nominations, expresses disappointment on timing. $WMB PR link.

Alcoa(PBR115) hires Kate Hargrove Ramundo to be future Arconic spinoff EVP/Chief Legal Officer/Secretary. $AA PR link.

Jones Lang LaSalle(PBR449) president Christian Ulbrich to add CEO role on 10/01/16, to succeed retiring Colin Dyer. $JLL PR link.

The Natl Assn of Realors says July Existing Home Sales Annual Rate at 5,390,000, -3.2% from June, -1.6% from July 2015 $NAR PR link.

Discover Financial(PBR286) report says Millennials are twice as likely as Boomers to take out a home equity loan. $DFS PR link.

Equifax(PBR795) survey says most college students pay credit cards in full each month. $EFX PR link.

Tuesday, August 23:

Medtronic(PBR133) completes $1.1 billion cash acquisition of miniaturized, mechanical circulatory support technologies developer Heartware International(NASDAQ: $HTWR). $MDT PR link.

Lear Corp(PBR165) signs investment agreement to build a 32,000 sq meter leather plant in Yangzhou, China. $LEA PR link.

Tesla(PBR651) announces new Model S electrical car version with range of 315 miles, 0-60 mph in 2.5 seconds, fastest production car in the world. $TSLA PR link.

Albemarle(PBR792) to acquire 15,000 MT/year lithium salts production assets in China. $ALB PR link.

Zoetis(PBR500) promotes Glenn David to EVP/CFO, succeeds Paul Herendeen, who has resigned. $ZTS PR link.

The US Dept of Commerce estimates July New Home Sales Annual Rate at 654,000, +12.4% from June, +31.3% from July 2015. July New Home Median Price at $294,600, -5.1% from June, -0.5% from July 2015. USDOC PR link.

The Federal Reserve Bank of Richmond estimates August 5th District Manufacturing Index(Annualized) at -11%, July was +10%, June -10%. RichmondFed PR link.

Monday, August 22:

Pfizer(PBR56) to acquire oncology biopharma firm Medivation(NASDAQ: $MDVN) for $81.50/share, $14 billion. $PFE PR link.

Peabody Energy(PBR372) reaches agreement with Illinois on financial assurances in support of coal mine restoration activities. $BTUUQ PR link.

TeamHealth(PBR498) acquires operations of Grossmont Emergency Medical Group, serves 100,000 San Diego area patients/year. $TMH PR link.

Green Plains(PBR649) to purchase 3 Abengoa Bioenergy ethanol plants for $237 million cash in bankruptcy sale. $GPRE PR link.

Office Depot(PBR182) Chairman/CEO Roland Smith to resign CEO role by 1Q2017 end; Troy Rice promoted to new position of COO. $ODP PR link.

Viacom(PBR212) president/CEO Philippe Bauman steps down, COO Thomas Dooley named interim president/CEO through 09/30/16, 5 independent directors elected to board. $VIA PR link.

Marathon Oil(PBR250) promotes T Mitch Little to EVP/Operations; EVP/CFO JR Sult is leaving; other executive changes made. $MRO PR link.

Avis Budget(PBR316) hires Arthur Orduna to new position of Chief Innovation Officer. $CAR PR link.

A. Schulman(PBR791) promotes Gary Miller to COO, Frank Roederer to SVP/GM USCAN. $SHLM PR link.

July Chicago Fed National Activity Index +0.27, from +0.05 in June. ChicagoFed PR link.

Friday, August 19:

The PBR1000 Week Ending 08/19/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,552.57, -0.13% from last Friday, +0.65% MTD, +3.47% QTD, +6.47% YTD, -0.45% from record 18,636.05 on 08/15/16.
NASDAQ ends week at 5,238.38, +0.10% from last Friday, +1.48% MTD, +8.17% QTD, +4.61% YTD, -0.45% from record 5,262.02 on 08/15/15.
SPX ends week at 2,183.87, -0.01% from last Friday, +0.47% MTD, +4.05% QTD, +6.85% YTD, -0.29% from record 2,190.15 on 08/15/16.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer for Fairchild Semiconductor(PBR1000 $FCS) to 09/01/16, currently has commitment of 70.3% of shares. $ON PR link.

A. Schulman(PBR791) to promote Andrean Horton to EVP/Chief Legal Officer on 09/01/16, succeeds retiring David Minc. $SHLM PR link.

Thursday, August 18:

Dow Chemical(PBR48) celebrates its 50,000th Habitat for Humanity home. $DOW PR link.

Caterpillar(PBR54) to close down certain mining product lines, eliminate 195 jobs. $CAT PR link.

Sprint(PBR86) launches Unlimited Freedom, 2 lines $100/mo unlimited talk/text/data plan. $S PR link.

T-Mobile US(PBR95) announces T-Mobile ONE unlimited calls/text/data 4 line family plan for $160/mo. $TMUS PR link.

Emerson Electric(PBR109) to acquire valves & controls business from Pentair(PBR363 $PNR) for $3.15 billion. $EMR PR link.

Continental Resources(PBR497) to sell 80,000 acres of non-strategic properties in N Dakota & Montana for $222 million. $CLR PR link.

Toro(PBR855) to do 2-for-1 stock split, effective 09/16/16. $TTC PR link.

Apollo Global Mgmt(PBR906) & Nike(PBR98 $NKE) form strategic partnership for apparel manufacturing in the Americas. $APO PR link.

United Continental(PBR77) hires Andrew Levy as EVP/CFO, Julia Haywood as EVP/Chief Commercial Officer. $UAL PR link.

Macy’s(PBR97) hires Richard Lennox as Chief Marketing Officer, effective 09/15/16. $M PR link.

General Cable(PBR418) EVP & president/CEO of Americas Gregory Lampert leaving; Juan Mogollon hired as SVP of Latin America. $BGC PR link.

A. Schulman(PBR791) Chairman Joe Gingo is now also president/CEO with departure of Bernard Rzepka. $SHLM PR link.

The US Dept of Justice issues a directive to phase out use of private prisons. DOJ PR link.

Employment: There are 1.2 million missing retail workers because Amazon(PBR29 $AMZN)’s so good MarketWatch PR link.

The Philadelphia Federal Reserve says August Manufacturing Business Outlook Survey Index at +2.0, July was -2.9, June 4.7. PhillyFed PR link.

The Conference Board says August Leading Economic Index at 124.3(2010=100), July was 123.8, June 123.4. TCB PR link.

Wednesday, August 17:

Cisco(PBR60) announces restructuring plan, to lay off up to 5,500 employees, 7% of global workforce. $CSCO PR link.

Progressive(PBR145), 4th largest US auto insurer, reports July Personal Lines Policies in Force are 14.544 million, +7% from July 2015. $PGR PR link.

JCPenney(PBR234) presents 3 year plan for accelerated growth through private brands, home & beauty. $JCP PR link.

Ingredion(PBR415) to acquire 120 employee rice starch/rice flour business of Thailand’s Sun Flour Industry Co, now has 870 employees, 4 facilities in Thailand. $INGR PR link.

Universal Forest Products(PBR733) promotes Mike Mordell to EVP-International Operations. $UFPI PR link.

The US Federal Reserve releases FOMC minutess for July meeting, labor market improved, 2Q GDP moderate, inflation rate <2% target. FRB PR link.

Tuesday, August 16:

Ford(PBR10) targets fully autonomous vehicle for ride sharing in 2021; invests in new tech companies, doubles Silicon Valley team. $F PR link.

Essendant(PBR458) reorganizing into Business & Facilities Essentials and Industrial Essentials, names management team. $ESND PR link.

Leidos(PBR475) completes $1.8 billion/50.5% equity acquisition of Lockheed(PBR64 $LMT)’s Information Systems & Global Solutions unit. $LDOS PR link.

Cintas(PBR523) to acquire branded uniforms & facility services programs G & K Services(NASDAQ: GK) for $97.50/share, $2.2 billion enterprise value. $CTAS PR link.

Wolverine Worldwide(PBR722) authorizes up to $300 million over 4 years share repurchase program. $WWW PR link.

KB Home(PBR802) acquires rights to 300+ homesites in master-planned community The Meadows in Castle Rock, CO. $KBH PR link.

Buffalo Wild Wings(PBR981) expands share repurchase program by $300 million, balance is $375 million. $BWLD PR link.

Visteon(PBR351) hires Christian Garcia as EVP/CFO, effective 10/01/16. $VC PR link.

Barnes & Noble(PBR408) CEO Ronald Boire departs per board decision, executive chairman Leonard Riggio to be interim CEO. $BKS PR link.

The US Dept of Labor says US July Consumer Price Index was +0.0%, last 12 mos +0.8%(Unadjusted). USDOL PR link.

The US Dept of Labor says US July Average Current Weekly Earnings at $886.31, +0.6% from June, +2.4% from July 2015. USDOL PR link.

The US Dept of HUD says US July Private Housing Building Permits were 1,152,000, -0.09% from June, +0.88% from July 2015 HUD PR link.

The US Federal Reserve says US July Total Industrial Production Capacity at 75.9%, +0.5% from June, -1.5% from July 2015. FRB PR link.

Monday, August 15:

AIG(PBR46) to sell its private mortgage insurance unit United Guaranty Corporation to Arch Capital Group(NASDAQ: ACGL) for $3.4 billion. $AIG PR link.

Aetna(PBR49) to reduce participation in Affordable Care Act individual public exchanges from 778 counties to 242 in 2017. $AET PR link.

Dollar General(PBR151) opens site 13,000, located in Birmingham, AL. $DG PR link.

Jones Lang LaSalle(PBR449) acquires Singapore 180 professional staff Asia Pacific interior design service PDM International. $JLL PR link.

Salesforce(PBR453 $CRM) to acquire business analytics firm BeyondCore, terms not disclosed. BeyondCore PR link.

Xylem(PBR575) to acquire global water industry technologies/data analytics firm $837 million/FY2016 Sensus for $1.7 billion. $XYL PR link.

Diebold(PBR676) completes $1.8 billion acquisition of Germany based 9,000 employee retail banks IT solutions/services provider Wincor Nixdorf. $DBD PR link.

Concho Resources(PBR734) to acquire 40,000 net Midland Basin acres from Reliance Energy for $1.625 billion, to have 150,000+ net acres. $CXO PR link.

FreddieMac(PBR41) August Outlook says 2016 could reach $2 trillion in mortgage originations, forecasts 2017 GDP at 1.9%. $FMCC PR link.

The preliminary Natl Assn of Homebuilders US August Housing Market Index at 60, July was 58, June 60. NAHB/Wells Fargo PR link.

The NY Federal Reserve says the August Empire State Manufacturing Survey General Business Conditions Index at -4.21, July was +0.55, Aug 2015 -12.79. NYFed PR link.

Friday, August 12:

The PBR1000 Week Ending 08/12/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,576.47, +0.18% from last Friday, +0.78% MTD, +3.61% QTD, +6.61% YTD, -0.20% from record 18,613.51 on 08/11/16.
NASDAQ ends week at 5,232.89, +0.23% from last Friday, +1.37% MTD, +8.06% QTD, +4.50% YTD, +0.00% from record 5,232.89 on 08/12/15.
SPX ends week at 2,184.05, +0.05% from last Friday, +0.48% MTD, +4.06% QTD, +6.85% YTD, -0.08% from record 2,185.79 on 08/11/16.

Anthem(PBR38 $ANTM)-Cigna(PBR85 $CI) merger ruling unlikely to come in 2016, judge says. MarketWatch PR link.

KBR(395) to acquire the Honeywell(PBR74) 3,550 employee $600 million/yr government services provider HTSI for $266 million. $KBR PR link.

SunEdison(PBR782 $SUNEQ) shareholders lose bankruptcy fight, judge says company ‘hopelessly insolvent.’ MarketWatch PR link.

E*Trade(PBR930) reports End of July Stock Plan Accounts at 1,455,148, +0.8% from June, +8.1% from July 2015. $ETFC PR link.

21st Century Fox(PBR91 $FOX) Fox News unit gets new leadership team. MarketWatch PR link.

Dick’s Sporting Goods(PBR367) Teri List-Stoll no longer EVP/CFO, EVP/COO Andre Hawaux to serve as interim CFO. $DKS PR link.

The US Dept of Commerce estimates US June Trade Sales/Mfrs Shipments at $1.308 trillion, +1.16% from May, -0.64% from June 2015. USDOC PR link.

The US Dept of Commerce Advance July Retail Trade Total at $457.7 billion, -0.04% from June, +2.26% from July 2015. USDOC PR link.

The US Dept of Labor says US July Producer Price Index at -0.4%, June was +0.5%, -0.2% from July 2015. USDOL PR link.

The US Dept of Agriculture August WASDE report forecasts record levels for corn & soybean crops for 2016/2017. USDA PR link.

The U of Michigan Preliminary August Consumer Sentiment Index at 90.4, July was 90.0, June 93.5. UMich PR link.

Thursday, August 11:

Ingram Micro(PBR62) $38.90/share, $6.0 billion acquisition by China based Tianjin Tianhai must close by extended date of 11/13/16. $IM PR link.

Macy’s(PBR97) to close around 100 of its 728 stores in early 2017, represents $1 billion in revenues. $M PR link.

United Natural Foods(PBR371) acquires $50 million/year fresh & organic foods distributor/merchandiser Gourmet Guru. $UNFI PR link.

Lithia Motors(PBR451) acquires Kemp Ford in Thousand Oaks, CA, to add $65 million to annual revenues. $LAD PR link.

Meredith Corp(PBR994) promotes Tom Harty to president/COO. $MDP PR link.

The US Dept of Labor says US July Import Price Index was +0.1%, June was +0.6%, Yr-to-Yr -3.7%. USDOL PR link.

Adobe Systems(PBR557) reports falling consumer goods prices for six consecutive months in July Digital Price Index. http://bit.ly/2aLCsbZ

Healthcare: Arthur J Gallagher(PBR515) says most companies paying at least 5% more for health insurance premiums in 2016; 1-in-4 incurring double digit increases. $AJG PR link.

Wednesday, August 10:

Exelon(PBR102) to invest $25 billion over 5 years in infrastructure, smart grid technology in its 6 utilities serving 10 million customers. $EXC PR link.

Chesapeake Energy(PBR131) to transfer N Texas Barnett Shale asset to First Reserve; to renegotiate Mid-Continent Gas Gathering agreement. $CHK PR link.

Peabody Energy(PBR372) business plan approved by DIP lenders, plans to emerge from Chapter 11 bankruptcy by end of year. $BTUUQ PR link.

JetBlue(PBR429) July Passenger Load Factor at 87.7%, June was 87.0%, YTD is 85.1%. $JBLU PR link.

Herbalife(PBR487) gets approval from China’s Ministry of Commerce to operate in 3 more provinces, currently in 25. $HLF PR link.

LAM Research(PBR520 $LRCX) and KLA-Tencor(PBR692) provides update on $10.6 billion deal, regulatory approvals might extend past 10/20/16. $KLAC PR link.

WABCO(PBR704) to supply vast majority of vacuum pumps for China based auto manufacturer/Volvo owner Geely in multi-year deal. $WBC PR link.

AAR Corp(PBR883) hires Marcus Jadotte as VP of Public Affairs, to establish a Washington DC office. $AIR PR link.

The US Dept of Labor estimates Total US June Job Openings at 5,624,000, +2.0% from May, +8.8% from June 2015. USDOL PR link.

The US Dept of Treasury says Total US July Receipts were $210.0 billion, Outlays $322.8 billion, Deficit $112.8 billion, YTD Deficit $513.7 billion. Treasury PR link.

Tuesday, August 9:

Walt Disney(PBR57) to acquire 33% stake in video streaming company BAMTech for $1 billion, option to purchase majority stake. $DIS PR link.

American Airlines(PBR69) reports July traffic, total passenger load factor at 85.2%, -2.1% from July 2015. $AAL PR link.

RR Donnelley(PBR243) to move from NASDAQ to NYSE on 08/22/16, will use same RRD symbol. $RRD PR link.

Gannett(PBR414) completes $4.60/share, $140 million acquisition of $320 million/year digital market solutions company ReachLocal. $GCI PR link.

TD Ameritrade(PBR662) averaged 454,000 client trades per day in July, -3% from June, same as July 2015. $AMTD PR link.

SunPower(PBR680) to lay off 15% of workforce, 1,200 positions, primarily from the Philippines. $SPWR PR link.

Apollo Global Mgmt(PBR906) affiliates extend $30.25/share, $2.2 billion cash tender offer to acquire Diamond Resorts Intl(NYSE: DRII) extended to 08/24/16. $APO PR link.

Community Health System(PBR125) promotes Tim Hingtgen to president/COO on 09/01/16, succeeds retiring Wayne Smith. $CYH PR link.

hhgregg(PBR864) promotes Kevin Kovacs to CFO, Samuel Johnson to Chief Retail Officer. $HGG PR link.

Domino’s Pizza(PBR889) opens 13,000th store in the Seattle, WA, area. $DPZ PR link.

US Dept of Labor 2Q2016 Labor Productivity Annual Rate -0.7% from 1Q2016, Output +1.4%. USDOL PR link.

US Dept of Commerce estimates Total US June Wholesale Sales at $444.6 billion, +1.88% from May, -0.45% from June 2015. USDOC PR link.

CoreLogic: 38,000 completed foreclosures in June, down 4.9% YOY. CoreLogic PR link.

Monday, August 8:

Walmart(PBR1) to acquire e-commerce store Jet.com for $3 billion cash plus $300 million stock. $WMT PR link.

Chevron(PBR3) gets affirmation from US Appeals Court that $9.5 billion judgment in Ecuador was fraudulent & unenforceable in the US. $CVX PR link.

Delta Air Lines(PBR72) issues statement to customers regarding flight cancellations & delays. $DAL PR link.

Marriott Intl(PBR211) merger with Starwood Hotels(PBR417 $HOT) extended by up to 60 days per China Ministry of Commerce request. $MAR PR link.

Williams Cos(PBR348) to receive $209 million & Williams Partners(NYSE: WPZ) $817 million in sale of Canadian businesses. $WMB PR link.

Terex(PBR357) gets European Union & US Antitrust clearances for $1.3 billion sale of Material Handling/Port Solutions business to Konecranes, expected to close early 2017. $TEX PR link.

Intuit(PBR529)’s QuickBooks Online unit passes 1.5 million paid subscribers. $INTU PR link.

AMC Entertainment(PBR851) to accelerate deployment of Dolby cinema in 100 AMC sites by end of 2017, 7 years early. $AMCX PR link.

Mattress Firm(PBR932) to be acquired by S Africa based global integrated retailer Steinhoff for $64.00/share, $3.8 billion cash. $MFRM PR link.

Vail Resorts(PBR1032) to acquire Canada mountain resort Whistler Blackcomb in $46.8/share, $1.8 billion cash/stock deal. $MTN PR link.

Polaris Industries(PBR531) promotes Joel Houlton to VP Global Safety and Quality. $PII PR link.

Endo Intl(PBR700) hires Joseph Ciaffoni as president, US Branded Pharmaceuticals. $ENDP PR link.

hhgregg(PBR864) appoints 4 to SVP/VP responsibilities in marketing, 3 merchandising areas. $HGG PR link.

Red Robin(PBR1046) promotes president Denny Marie Post to CEO, succeeds retiring Steve Carley. $RRGB PR link.

New York Federal Reserve article: Consumers’ Income/Spending Growth Expectations Strengthen, Labor Market Expectations Weaken. $NYFED PR link.

Fannie Mae(PBR17 $FNMA) and Freddie Mac(PBR41 $FMCC) could need $126 billion taxpayer bailout in next crisis, stress test finds. MarketWatch PR link.

Friday, August 5:

The PBR1000 Week Ending 08/05/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,543.53, +0.60% from last Friday/MTD, +3.42% QTD, +6.42% YTD, -0.28% from record 18,595.03 on 07/20/16.
NASDAQ ends week at 5,221.12, +1.14% from last Friday/MTD, +7.81% QTD, +4.27% YTD, +0.00% from record 5,221.12 on 08/05/15.
SPX ends week at 2,182.87, +0.43% from last Friday/MTD, +4.00% QTD, +6.80% YTD, +0.00% from record 2,182.87 on 08/05/16.

The PBR1000 End of July Top 5 Companies by Market Capitalization:
1. Apple(PBR3), $AAPL, $562.02B
2. Alphabet(PBR35), $GOOGL, $527.82
3. Microsoft(PBR25), $MSFT, $442.56B
4. ExxonMobil(PBR2), $XOM, $368.84B
5. Amazon(PBR18), $AMZN, $358.03B

Range: $562.02 to $0.00, median was $6.34B(PBR502), Average was $21.14B(PBR226).

Total The PBR1000 Market Capitalization was $21,208.33B, +3.30% from June, +5.31%YTD, +3.12% from 12/31/14. (1,003 companies)

Get the current month plus the next 12 months of the 15 analytical snapshots of The PBR1000 Monthly Snapshots, including the full Market Capitalization Snapshot, by going to the SUBSCRIBE page now!

American Airlines(PBR69) & TMU-IAM Association reach interim agreement on pay increases for 30,000 ground employees. $AAL PR link.

International Paper(PBR117) to complete $2.2 billion acquisition of Weyerhauser(PBR355 $WY)‘s pulp business in 4Q2016. $IP PR link.

AbbVie(PBR136 $ABBV) files patent suit against Amgen(PBR135 $AMGN) over Humira biosimilar. MarketWatch PR link.

Priceline(PBR319)’s Booking.com unit adds its one-millionth property in Nantucket, Massachussets. $PCLN PR link.

Mylan(PBR346) completes $9.9 billion acquisition of Sweden based 4,500 employee global pharmaceuticals provider Meda. $MYL PR link.

Sprint(PBR86) hires Jan Geldmacher, former CEO of Vodafone Global Enterprise, as president of Sprint Enterprise. http://sprint.co/2ap4Q8h

Scientific Games(PBR937) hires Kevin Sheehan as new president/CEO, Gavin Isaacs to become vice chairman of the board. $SGMS PR link.

The US Dept of Labor estimates US July Employment at 151.5 million, +420,000 from June, +2.7 million from Jul 2015, Unemployment rate at 4.9%. USDOL PR link.

US Dept of Commerce says US Total June Exports YTD at $1.091 trillion, Imports $1.335 trillion, Deficit $245 billion. USDOC PR link.

US Federal Reserve estimates US June Consumer Credit Outstanding at $3.634 trillion, +0.34% from May, +2.78% YTD, +5.77% from June 2015 FedReserve PR link.

Thursday, August 4:

Spectra Energy(PBR422) sells its Canadian natural gas liquids business to Plains Midstream Canada for $204 million. $SE PR link.

LinkedIn(PBR843) 2Q2016 report says cumulative members grew 18% year-over-year to 450 million. $LNKD PR link.

Natl Oilwell Varco(PBR127) promotes Isaac Joseph to president, Wellbore Technologies unit. $NOV PR link.

Diebold(PBR676) promotes Octavio Marquez to SVP/Managing Director N & S America operations. $DBD PR link.

TreeHouse Foods(PBR690) EVP/CFO & interim president of Private Brands to become a senior advisor, search for new CFO starts. $THS PR link.

Bristow Group(PBR919) promotes Chip Earle to SVP/Chief Legal& Support Officer, Mary Wersebe to VP/Human Resources. $BRS PR link.

US Dept of Labor estimates US July Employment at 151,517,000, +420,000 from June, +2.651,000 from Jul 2015, Unemployment rate at 4.9% USDOL PR link.

The US Dept of Commerce estimates US June Manufacturers’ New Orders were $447.4 billion, -1.5% from May, -2.6% YTD. USDOC PR link.

Wednesday, August 3:

Stocks Fun Fact: The PBR1000 Top 5 YTD Stock Gainers through July are:
1. Cliffs Natural Resources(PBR842), $CLF, +400.63%
2. US Steel(PBR228), $X, +244.49%
3. AK Steel(PBR351), $AKS, +192.86%
4. Quad/Graphics(PBR478), $QUAD, +172.69%
5. CONSOL Energy(PBR633), $CNX, +145.32%

Range: +400.63% to -97.45%, 685 companies were +0.00%, median was +9.60%. (1,003 companies)

Allergan(PBR219) to sell pharmaceutical products distributor Anda to Teva Pharmaceuticals for $500 million. $AGN PR link.

Newfield Exploration(PBR830) In two separate agreements sells most of its Texas assets for $390 million. $NFX PR link.

Universal American(PBR882) completes sale of traditional insurance business to Nassau Reinsurance Group for $30.5 million cash. $UAM PR link.

Wolverine Worldwide(PBR722) promotes Mike Jeppesen to expanded role of president, Wolverine Heritage Group. $WWW PR link.

ADP(PBR235) says July Change in National Employment was +179,000 with Goods Producing -6,000, Services +185,000. $ADP PR link.

The Conference Board July Help Wanted Online Ads were 4,814,300, +3.4% from June, -10.3% from July2015. TCB PR link.

Markit reports July US Composite PMI Output Index at 51.8, June was 51.2, May 50.9. Markit PR link.

ISM says US July Non-Manufacturing Index at 55.5%, June was 56.5%, May 52.9%. ISM PR link.

Automotive News says July US New Auto Units Sold were 1,521,245, +0.5% from July 2015. AutoNews PR link.

Tuesday, August 2:

Stocks Fun Fact: The PBR1000 Top 5 Stock Gainers 12/31/14-07/31/16:
1. NVIDIA(PBR454), $NVDA, +184.79%
2. AMD(PBR536), $AMD, +156.93%
3. Amazon(PBR18), $AMZN, +144.50%
4. Newmont Mining(PBR320), $NEM, +132.80%
5. Insperity(PBR722), $NSP, +131.60%

Range: +184.79% to -95.15%, 494 companies were +0.00%, median was -0.16%. (991 companies)

AIG(PBR46) authorizes additional $3.0 billion for share repurchase program, balance is $4.0 billion. $AIG PR link.

Energy Transfer Equity(PBR52) & Sunoco Logistics(PBR158 $SXL) sell 36.75% stake in Bakken Pipeline Project to Enbridge Energy(PBR333 $EEP) & Marathon Petroleum(PBR23 $MPC) for $1.2 billion & $800 million respectively. $ETE PR link.

Allergan(PBR219) completes $40.5 billion cash/stock divestiture of global generics business to Teva Pharmaceutical. $AGN PR link.

Molina Healthcare(PBR284) to acquire certain Medicare Advantage assets from Aetna(PBR49 $AET) & Humana(PBR58 $HUM) for $117 million. $MOH PR link.

Mylan(PBR346) to complete $9.9 billion acquisition of Sweden based 4,500 employee global pharmaceuticals provider Meda on 08/05/16. $MYL PR link.

Avery Dennison(PBR396) completes $226 million acquisition of $170 million/year Mactac Europe. $AVY PR link.

Arthur J Gallagher(PBR515) acquires Pearland, TX, south central US retail insurance broker Victory Insurance Agency. $AJG PR link.

Griffon Corp(PBR890) adds $50 million to share repurchase program, balance is $64.6 million. $GFF PR link.

Cincinnati Bell(PBR1027) shareholders approve 1-for-5 reverse stock split, to be effective 10/05/16. $CBB PR link.

Macy’s(PBR97) hires Elisa Garcia as Chief Legal Officer, effective 09/07/16, succeeds retiring Dennis Broderick. $M PR link.

McDonald’s(PBR101) Chief Administrative Officer Pete Benson retiring on 09/02/16; organizational changes to be announced in coming weeks. $MCD PR link.

NRG Energy(PBR186) hires Bruno Sarda as VP/Sustainability. $NRG PR link.

PVH(PBR328) hires Raf Simons as Chief Creative Officer of its Calvin Klein unit. $PVH PR link.

TD Ameritrade(PBR662) EVP/COO Marv Adams resigning on 12/01/16, COO position to be eliminated. $AMTD PR link.

The Dept of Commerce estimates US June Total Personal Income Annual Rate at $15.883 trillion, +0.2% from May, +3.4% from June 2015. USDOC PR link.

TrueCar estimates July New Auto Sales at $48.9 million, Average Transaction Price $32,518, Incentive per Unit Spending $3,225. TrueCar PR link.

US July Purdue/CME Ag Barometer Index at 112, June was 104, May 97. Purdue/CME PR link.

Monday, August 1:

Verizon(PBR15) to acquire Ireland based global fleet & mobile workforce management solutions provider Fleetmatics(NYSE: FLTX) for $60.00/share, $2.4 billion cash. $VZ PR link.

Glaxo, Alphabet(PBR44 $GOOGL) plan $700 million bioelectric venture. MarketWatch PR link.

Pfizer(PBR56) acquires remaining 78% of private gene therapy firm Bamboo Therapeutics for up to $650 million. $PFE PR link.

McDonald’s(PBR101) USA announces big changes to its food. $MCD PR link.

Icahn Enterprises(PBR147) confirms co-manager arrangements with Brett Icahn and David Schechter. $IEP PR link.

MGM Resorts(PBR273) completes $900 million acquisition of Boyd Gaming(PBR727)‘s 50% ownership in Borgata Hotel Casino in Atlantic City, NJ. $MGM PR link.

Gannett(PBR414) extends $4.60/share tender offer for $320 million/year digital market solutions company ReachLocal(NASDAQ: RLOC) to 08/08/16, 42.09% of shares tendered so far. $GCI PR link.

Jones Lang LaSalle(PBR449) completes acquisition of UK based 1,600 clients in 60,000 locations property maintenance provider Integral UK. $JLL PR link.

Salesforce(PBR453) to acquire collaboration software developer Quip in $582 million stock deal. $CRM PR link.

Coach(PBR496) sells interest in 10 Hudson Yards headquarters location for $707 million, signs 20 year lease. $COH PR link.

Arthur J Gallagher(PBR515) acquires UK based employee benefits insurance provider Orb Financial Services. $AJG PR link.

Arthur J Gallagher(PBR515) acquires San Diego, CA, retail insurance broker Blue Horizon Insurance Services. $AJG PR link.

Tesla(PBR651 $TSLA) to acquire Solar City($SCTY) for $25.83/share, $2.6 billion in all stock deal. MarketWatch PR link.

Convergys(PBR703) becomes 2nd largest customer management services company in Germany with $135 million acquisition of buw. $CVG PR link.

Kennametal(PBR706) to eliminate 1,000 positions in FY2017, form new organizational structure with 3 operating units. $KMT PR link.

Equinix(PBR793) completes $211 million acquisition of Paris data center from Digital Realty. $EQIX PR link.

Newell Brands(PBR434) Chief Commercial Officer Joseph Arcuri leaving effective 08/31/16, to receive $625,000 severance payment plus other benefits. $NWL PR link.

hhgregg(PBR864) interim president/CEO & CFO Robert Riesbeck appointed president/CEO. $HGG PR link.

The US Dept of Agriculture lifts years-long ban on beef imports from Brazil. MarketWatch PR link.

The US Dept of Commerce estimates June US Construction Spending Annual Rate at $1.134 trillion, -0.65% from May, +0.27% from June 2015 USDOC PR link.

The July 2016 Manufacturing ISM® Report On Business® says PMI at 52.6%, June was 53.2%, May 51.3%. ISM PR link.

The Markit July Flash US Manufacturing PMI at 52.9, June was 51.3, May was 50.7. Markit PR link.

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The PBR1000 July 2016 Breaking News Recap

August 1, 2016 by

July 2016: Happy New Half Year!

Dem Donkey Rep Elephant Fight-vectorolie ID-100374511

The Round 1 Primary Season is Over; The Round 2 Campaigning Stage has been set.

 

By Larry C. Paxton

At the beginning of July 2016 the possible ramifications of Brexit, the vote that will remove the UK as a member of the European Union, was the major news and continued to play an important part throughout July 2016. Bottomline, a new prime minister moved into 10 Downing Street, the world did not fall apart, and experts from all kinds of disciplines are still struggling at making projections on what the effect will be short term and long term.

In contrast, the big news at the end of July 2016 was the formal selection of outspoken, sometimes crude, often politically incorrect, business tycoon, ‘law-and-order’ Donald Trump as the Republican candidate and scandal ridden, perceived by many as too secretive, untrustworthy and paranoid but very politically experienced Hillary Clinton as the Democratic candidate for the next president of the US. Both vice president picks have higher positive ratings than the partners who selected them.

The next almost 100 days will be filled with lots of vitriol, huge spending on negative political ads, drama filled debates with incomplete or blatant false facts, impossible promises, and  who knows what kind of last minute surprises. May the good Lord have mercy on the souls of the American voter during this process.

In between Brexit and the US presidential candidates being selected there were the usual number of mergers/acquisitions, mixed earnings reports, and moderate at best economic data.

As August starts let’s pray for a safe and exciting XXXI Olympiad in Rio de Janeiro that displays the best in athletic competition, achievement, and outstanding sportsmanship. May it be a great model for the business world as well.

Following are The PBR1000 and economic related breaking news items of interest for July 2016, starting with the last active business day.

Friday, July 29:

The PBR1000 End of July US Stock Exchanges Snapshot:
DJIA ends July at 18,432.24, -0.75% from last Friday, +2.80% MTD/QTD, +5.78% YTD, -0.88% from record 18,595.03 on 07/20/16.
NASDAQ ends July at 5,162.13, +1.22% from last Friday, +6.60% MTD/QTD, +3.09% YTD, -1.09% from record 5,218.86 on 07/20/15.
SPX ends July at 2,173.60, -0.07% from last Friday, +3.56% MTD/QTD, +6.34% YTD, -0.07% from record 2,175.03 on 07/22/16.

NextEra Energy(PBR173) to acquire Energy Future Holdings’ interest in Oncor Electric Delivery company for $18.4 billion. $NEE PR link.

KeyCorp(PBR544) completes $4.1 billion acquisition of First Niagara Financial(PBR980 $FNFG). $KEY PR link.

Welltower(PBR635) promotes Mercedes Kerr to EVP/Business Development. $HCN PR link.

The US Dept of Commerce estimates that theUS 2Q2016 Gross Domestic Product Annual Rate is at 1.2%, $18.438 trillion, 1Q2016 revised to 0.8%. USDOC PR link.

The US Dept of Labor says 2Q2016 Employment Cost Index(2005=100) for All Civilian Workers at 126.7, 1Q2016 was 126.0, 2Q2015 was 123.8. USDOL PR link.

The July MNI Chicago Business Barometerat 55.8, June was 56.8, May was 49.3. MNICBBPR link.

Thursday, July 28:

Oracle(PBR78) to acquire cloud based business services provider NetSuite(NYSE: $N) for $109.00/share, $9.3 billion. $ORCL PR link.

Avnet(PBR100) to acquire UK based global distributor of electronic & related componentsPremier Farnell plc for $2.46/share, $919 million cash. $AVT PR link.

Manpower(PBR132) authorizes additional 6 million shares repurchase program, balance is now 7.5 million. $MAN PR link.

CBS(PBR210) adds $5 billion to stock repurchase program, total available now $6 billion. $CBS PR link.

Air Products(PBR267) files SEC Form 10 for independent public company spin-off Versum Materials, to start trading in October. $APD PR link.

Cognizant Technology(PBR272) acquires private 170 person digital innovation, strategy & design firm Idea Couture. $CTSH PR link.

Alliance Data(PBR462) to provide private label & co-branded credit card services for 886 storesUlta Salon(PBR646 $ULTA). $ADS PR link.

Brunswick(PBR584) to acquire Germany based $41 million/2015 Indoor Cycling Group.$BC PR link.

Tempur Sealy(PBR687) adds $200 million to share repurchase program, balance is $344 million. $TPX PR link.

IDEX(PBR861) to acquire global Swiss based metal-to-metal seal & flow control solutions manufacturer SFC Koenig AG for $239 million.$IEX PR link.

New York Times(PBR971) 2Q2016 revenues at $372.6 million, $54.1 million from digital news subscriptions, 51,000 net new subscribers for digital news products. $NYT PR link.

M&T Bank(PBR504) hires Doris Meister as EVP, to head Wilmington Trust wealth unit.$MTB PR link.

GNC(PBR743) CEO Michael Archbold steps down, independent board member Robert Moran now interim CEO. $GNC PR link.

The US Dept of Labor says 07/16/16 US Total 4 Week Moving Average Unemployment Claims at 2.135 million, +.1% from June, -5.3% from July 2015. USDOL PR link.

The US Dept of Commerce estimates US 2nd Quarter Home Occupancy at 118.3 million units, Owner Occupied 74.4 million, Ownership Rate 62.9%. USDOC PR link.

The US Energy Information Administrationreports 07/22/16 Crude Oil Stocks at 521.1 million barrels, -1.0% from June, +13.4% from July 2015. EIA PR link.

FreddieMac(PBR44) says 07/28/16 Average 30 Year Fixed Mortgage Rate at 3.48%, 06/30/16 was 3.48%, 07/30/15 was 3.98%.$FMCC PR link.

Wednesday, July 27:

Amazon(PBR29) to open 800,000 sf fulfillment center in Jacksonville, FL, will create 1,500 fulltime positions. $AMZN PR link.

Anthem(PBR38) increases enrollment in FY2016 by 1.2 million, now has 39.8 million members. $ANTM PR link.

Mondelez(PBR87) to enter China’s growing $2.8 billion chocolate market, to introduce Milkabrand products in September. $MDLZ PR link.

T-Mobile US(PBR95) 2Q2016 total net adds at 1.9 million, customer base at 67+ million.$TMUS PR link.

Alcoa(PBR115) to ask shareholders on 10/05/16 to approve 1 for 3 reverse stock split.$AA PR link.

Dollar General(PBR151) purchases 41 formerWalmart(PBR1) Express stores for relocating existing DG stores. $DG PR link.

Facebook(PBR228) 2Q2016 rpt says June Daily Active Users at 1.13 billion, 1.03 billion from mobile users. $FB PR link.

LabCorp(PBR413) to acquire NIPT, women’s health & reproductive genetics providerSequenom(NASDAQ: SQNM) for $2.40/share, $302 million cash. $LH PR link.

Arthur J Gallagher(PBR515) acquires Miami, FL, managing general agency Gabor Insurance Services. $AJG PR link.

Brookdale Senior Living(PBR587) to sell 44 communities across 12 states for $252.5 million.$BKD PR link.

Alliant Energy(PBR634) to invest $1 billion to expand wind energy operations in Iowa. $LNTPR link.

Eli Lilly(PBR142) chairman John Lechleiter resigning president/CEO role 01/01/17, David Ricks to become president/CEO, then add chairman role 06/01/17. $LLY PR link.

Triumph Group(PBR578) hires Jim McCabe as CFO, effective 08/08/16. $TGI PR link.

Erin Nuxoll re-joins Boise Cascade(PBR610)as VP/Human Resources. $BCC PR link.

The US Federal Reserve releases FOMCminutes from 07/26-27/16 meeting, keeps federal funds rate at 0.25-0.50%. FRB PR link.

FreddieMac 1Q2016 Apartment Investment Market Index at 107.37, +0.30% from 4Q2015, -3.22% from 1Q2015 $FMCC PR link.

Tuesday, July 26:

Citrix(PBR658)’s GoTo business to merge withLogMeIn(NASDAQ: LOGM) in $65.31/share, $1.8 billion deal. $CTXS PR link.

Analog Devices(PBR701) to acquire high performance analog integrated circuits developer Linear Technology(PBR1011 $LLTC) for $60.00/share, $14.8 billion stock/cash. $ADI PR link.

The US Dept of HUD estimates US June New Family Home Sale Median Price at $306,700, +6.2% from May, +6.1% from June 2015. HUDPR link.

The S&P CoreLogic Case-Shiller May Home Prices Index(Jan2000=100) is 180.70, April was 178.61. SPICE PR link.

The Conference Board says July Consumer Confidence Index(1985=100) at 97.3, June was 97.4. TCB PR link.

Monday, July 25:

Verizon(PBR15) to acquire Yahoo!(PBR519 $YHOO)‘s operating business for $4.83 billion cash, combine it with AOL unit. $VZ PR link.

Sprint(PBR86) reports postpaid phone net additions of 173,000 in 1Q2017, highest in 9 years. $S PR link.

ConAgra(PBR166) completes sales of its JM Swank and SpiceTec Flavors & Seasoningsunits for $488 million. $CAG PR link.

American Financial(PBR435) to acquire remaining non-owned shares of National Interstate(NASDAQ: $NATL) for $32.00/share, $320 million. $AFG PR link.

Molson Coors(PBR558) announces leadership appointments to take effect upon close ofMillerCoors acquisition. $TAP PR link.

Outerwall(PBR824) to be acquired by Apollo Global Mgmt(PBR906 $APO) for $52.00/share, $1.6 billion cash. $OUTR PR link.

AMC Entertainment(PBR851) makes final offer to Carmike Cinemas(NASDAQ: $CKEC)for $33.06/share, $1.21 billion cash/stock.$AMC PR link.

E*Trade(PBR930) to acquire Aperture New Holdings, parent of $104 million/2015OptionsHouse, for $725 million. $ETFC PR link.

Friday, July 22:

The PBR1000 Week Ending 07/22/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,570.85, +0.29% from last Friday, +3.57% MTD/QTD, +6.58% YTD, -0.13% from record 18,595.03 on 07/20/16.
NASDAQ ends week at 5,100.16, +1.40% from last Friday, +5.32% MTD/QTD, +1.85% YTD, -2.27% from record 5,218.86 on 07/20/15.
SPX ends week at 2,175.03, +0.61% from last Friday, +3.63% MTD/QTD, +6.41% YTD, +0.00% from record 2,175.03 on 07/22/16.

Honeywell(PBR74) splitting Automation & Control Solutions unit into 2 units,Home/Building Technologies &Safety/Productivity Solutions. $HON PR link.

Liberty Interactive(PBR263) completes spinoff of independent public companyCommerceHub, to start trading 07/25/16.$QVCA PR link.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer forFairchild Semiconductor(PBR1000 $FCS) to 08/04/16, currently has commitment of 53.1% of shares. $ON PR link.

Stanley Black & Decker(PBR249)president/COO James Loree to be president/CEO on 08/01/16, John Lundgren to remain chairman through 2016. $SWK PR link.

Patterson Cos(PBR542) hires Todd Marshall as chief marketing/digital officer. $PDCO PR link.

Thursday, July 21:

ExxonMobil(PBR2) to acquire Papua New Guinea based oil & gas developerInterOil(NYSE: IOC) for $2.5 billion. $XOM PR link.

MasterCard(PBR16) to acquire 92.4% of UK based payments technology provider VocaLinkfor $920 million. $MA PR link.

Anthem(PBR38) says US Dept of Justicelawsuit to prevent merger with Cigna(PBR85 $CI) is unfortunate & misguided. $ANTM PR link.

Comcast(PBR42) to offer Xfinity TV/Internet Prepaid Services nationwide by end of 2017, to partner with 4,400 Boost Mobile locations.$CMCSA PR link.

Aetna(PBR49) & Humana(PBR58 $HUM) to defend pending merger in response to US Dept of Justice lawsuit. $AET PR link.

Johnson Controls(PBR68) expects to accelerate merger with Tyco plc(NYSE $TYC), to close 09/02/16. $JCI PR link.

General Mills(PBR162) restructuring global supply chain, to cut 1,400 jobs in US, Brazil, & China operations. $GIS PR link.

PPG Industries(PBR190) to sell flat glass & glass coatings businesses to Vitro SAB for $750 million cash. $PPG PR link.

PayPal & VISA(PBR224 $V) form strategic partnership to extend consumer payment choice, especially digital. $PYPL PR link.

VISA(PBR224) adds $5.0 billion to share repurchase program, balance is $7.3 billion. $VPR link.

Dana Holding(PBR382) changing name toDana Inc, effective 08/01/16. PayPal PR link.

Joy Global(PBR590) to be acquired by Japan based Komatsu for $3.7 billion cash. $JOY PR link.

21st Century Fox(PBR91) TV units chairman/CEO Roger Ailes resigns, Ruport Murdoch now chairman/acting CEO. $FOX PR link.

JCPenney(PBR234) CEO Marvin Ellison to also be chairman upon retirement of Mike Ullman, III, on 08/01/16. $JCP PR link.

Biogen(PBR282) CEO George Scangos to leave in coming months after successor identified. $BIIB PR link.

The Philadelphia Federal Reserve says July Manufacturing General Activity Indicator at -2.9, June was 4.7. PhillyFed PR link.

The National Assn of Realtors says June Existing Home Sales at a 5.570 million annual rate, +1.1% from May, +3.0% from June 2015.NAR PR link.

The Conference Board June Leading Economic Index at 123.7, +0.3% from May.TCB PR link.

Wednesday, July 20:

Kroger(PBR20) Axium Pharmacy unit to acquire specialty pharmacy Modern HC, operate as wholly own subsidiary. $KR PR link.

Dow Chemical(PBR48) & DuPont(PBR82 $DD) shareholders approve merger, spinoff into 3 separate independent companies, expected to close 2H2016. $DOW PR link.

Molson Coors(PBR558) gets USDOJ approval for acquisition of SABMillers 58% stake inMillerCoors. $TAP PR link.

Sprint(PBR86) hires Ismat Aziz as SVP/Human Resources, succeeds retired Sandy Price. $SPR link.

Occidental Petroleum(PBR123) hires Oscar Brown as SVP/Worldwide Business Development. $OXY PR link.

ADP(PBR235) 2Q2016 Workforce Vitality Index at 109.6, +2.7% from 2Q2015. $ADP PR link.

Tuesday, July 19:

EMC Corp(PBR111) shareholders vote to approve $59 billion acquisition by Dell, closing on track. $EMC PR link.

Monsanto(PBR187) rejects as financially inadquate Bayer AG(XETRA: BAY) revised acquisition offer, remains open to further discussion. $MON PR link.

Mattel(PBR412) awarded worldwide master toy licensee for Jurassaic World byComcast(PBR42 $CMCSA) NBC Universalunit. $MAT PR link.

Kroger(PBR20) Houston division president Bill Breetz retiring; 3 new division presidents named.$KR PR link.

Rent A Center(PBR657) promotes Jim York to EVP/RTO Domestic Operations. $RCII PR link.

Toro(PBR855) president/COO Richard Olson elected to president/CEO, effective 11/01/16, Michael Hoffman to remain chairman. $TTC PR link.

The US Dept of Commerce says Total June Private Housing Building Permits at 1,153,000, +1.5% from May, -13.57% from June 2015. USDOC PR link.

FreddieMac(PBR44) releases July Insight, focus on 55+ housing market. $FMCC PR link.

Monday, July 18:

Johnson & Johnson(PBR37) completes $3.3 billion cash acquisition of privately held hair care products provider Vogue International. $JNJPR link.

NextEra Energy(PBR173) & Hawaiian Electric(PBR647 $HE) agree to terminate merger agreement per Hawaiian Public Utilities Commission order. $NEE PR link.

Ross Stores(PBR253) opens 31 new locations in June & July, on track to open 90 in 2016.$ROST PR link.

Netflix(PBR447) to beam new CBS(PBR210) “Star Trek” TV series in 188 countries in exclusive licensing deal. $NFLX PR link.

Netflix(PBR447) adds 1.7 million subscribers in Q2, below 2.5 million forecast, now at 83 million subscribers. $NFLX PR link.

Moody’s(PBR636) acquires full ownership of credit ratings, reseach, & other services Korea Investor Services, terms not disclosed. $MCOPR link.

Hawaiian Electric(PBR647) to move forward as an independent company, American Savings Bank unit will not be spunoff. $HE PR link.

Boeing(PBR27) SVP Engineering, Test & Technology Greg Hyslop adds Chief Technology Officer role, succeeds retiring John Tracy, reports to chairman/president/CEO Dennis Mullenburg. $BA PR link.

FTI Consulting(PBR941) hires Ajay Sabherwal as CFO, effective 08/15/16. $FCN PR link.

Friday, July 15:

The PBR1000 Week Ending 07/15/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,516.55, +2.04% from last Friday, +3.27% MTD/QTD, +6.26% YTD, +0.00% from record 18,516.55 on 07/15/16.
NASDAQ ends week at 5,029.59, +1.47% from last Friday, +3.86% MTD/QTD, +0.44% YTD, -3.63% from record 5,218.86 on 07/20/15.
SPX ends week at 2,161.74, +1.49% from last Friday, +3.00% MTD/QTD, +5.76% YTD, -0.09% from record 2,163.75 on 05/21/15.

Amazon(PBR29) to open 10th fulfillment center in California in Sacramento, to employ 1,000 fulltime people. $AMZN PR link.

HanesBrands(PBR459) completes $800 million acquisition of Australia based underwear/intimate apparel company Pacific Brands. $HBI PR link.

Herbalife(PBR487) to pay FTC $200 million in settlement agreement, to continue business model, to allow Carl Icahn to acquire up to 34.99% of common shares. $HLF PR link.

The US Dept of Labor says June Current Average Earnings Per Hour at $25.61, +0.08% from May, +2.6% from June 2015.USDOL PR link.

The US Dept of Labor says US June Consumer Price Index +0.2% from May, food at -0.1%, energy at +1.3%. USDOL PR link.

The US Dept of Commerce says US May Manufacturing/Trade Total Sales at $1.292 trillion, +0.25% from April, -1.44% from May 2015. USDOC PR link.

The US Dept of Commerce says US June Retail Trade Sales at $457.0 billion, +0.56% from May, +2.72% from June 2015. USDOC PR link.

The US Federal Reserve says US June % of Industrial Capacity at 75.4%, May was 74.9%, growth over previous year +0.6%. FRB PR link.

The NY Federal Reserve July Empire State Manufacturing General Business Conditions Index at 0.6, July was 6.0. NYFEDPR link.

The U of Michigan says Preliminary US July Consumer Index Sentiment at 89.5, June was 93.5, July 2015 was 93.1. UMich PR link.

The NAHB/Wells Fargo July National Housing Market Index at 59, June was 60, July 2015 was 60. NAHB/WF PR link.

Thursday, July 14:

Devon Energy(PBR143) sells its 50% interest in Access Pipeline for $1.1 billion, completes divestiture plan. $DVN PR link.

Regions Financial(PBR450) announces $640 million common stock repurchase program. $RFPR link.

Alliance Data(PBR462) to manage loyalty driven private label credit card program for The Childrens Place(PBR939 $PLCE). $ADS PR link.

Cree(PBR964) to sell Wolfspeed Power and RF Division to Infineon Technologies AG(FSE: IFX) for $850 million cash. $CREE PR link.

ConAgra(PBR166) hires David Marberger as EVP/CFO, effective 08/29/16, succeeds retiring John Gehring. $CAG PR link.

Coach(PBR496) hires Wendy Kahn as Stuart Weitzman unit CEO & brand president, effective 09/13/16. $COH PR link.

Brink’s(PBR613) hires Ron Domanico as CFO, Rohan Pal as Chief Information & Digital Officer.$BCO PR link.

The US Dept of Labor says June Total Producer Price Index was +0.5% from May, May was +0.4%, +0.3% over last 12 months.USDOL PR link.

Adobe Systems(PBR557) releases Adobe Digital Economy Project June 2016, shows continued deflation in the vast majority of goods and services. $ADBE PR link.

Wednesday, July 13:

Amazon(PBR29) says 07/12/16 Prime Dayexceeded 2015 by over 60% worldwide, over 50% in the US. $AMZN PR link.

SuperValu(PBR164) to expand wholesale business with acquisition of 22 Food Lionstores in WV, PA, MD, VA. $SVU PR link.

ConAgra(PBR166) files SEC Form 10 registration for planned fall spin-off of independent public potato foods provider Lamb Weston, names key leadership. $CAG PR link.

Starbucks(PBR178) to be global licensee/investor in boutique bakery/cafe Italian restaurant Princi. $SBUX PR link.

Entergy(PBR227) in talks to sell its Fitzpatrick Nuclear Power Plant in Scriba, NY, toExelon(PBR102 $EXC). $ETR PR link.

AAR Corp(PBR883) acquires the SPACEMAX®product line of high-tech, hard-wall, rapid-deployment mobile shelters used in commercial, military and humanitarian operations. $AIR PR link.

Alaska Air(PBR454) names Peter Hunt as president of subsidiary Virgin America, to be CEO with acquisition close. $ALK PR link.

AAR Corp(PBR883) to promote Tim Romenesko to vice chairman/CFO, effective 08/01/16, succeeds retiring Michael Sharp. $AIRPR link.

The US Dept of Treasury says US June Receipts at $329.6 billion, Outlays $323.3 billion, Surplus $6.3 billion, YTD Deficit $400.8 billion. Treasury PR link.

The US Dept of Labor says the June US Import Price Index Year-to-Year at -4.8%, Exports -3.5%. USDOL PR link.

The US Federal Reserve releases mid May-end of June Beige Book, summarizes US economy as growing at a modest pace. FRB PR link.

Tuesday, July 12:

JPMorgan Chase(PBR21) to raise minimum hourly wages from $10.15 to $12.00-16.50 over next 3 years for 18,000 employees, increase benefits & training. $JPM PR link.

Starbucks(PBR178) to raise prices $0.10-0.30 on 35% of beverages offered. $SBUX PR link.

KeyCorp(PBR544) gets okay for $4.1 billion acquisition of First Niagara Financial(PBR980), to close around 08/01/16.$KEY PR link.

Triumph Group(PBR578) promotes MaryLou Thomas to EVP, Aerospace Structures. $TGI PR link.

AMC Entertainment(PBR728) to acquire UK based largest Europe theatre exhibitor Odeon & UCI Cinemas Group for $1.199 billion cash/stock. $AMCX PR link.

AMC Entertainment(PBR728) reiterates its intent to acquire Carmike Cinemas(NASDAQ: $CKEC) for $30/share, $1.1 billion but confirms deal at risk. $AMCX PR link.

Kroger(PBR20) Roundy’s unit CEO Bob Mariano to retire 09/01/16. $KR PR link.

Intuit(PBR529) hires Lucas Watson as EVP & Chief Marketing and Sales Officer. $INTU PR link.

Polaris Industries(PBR531) promotes Craig Scanlon to new position of Chief Marketing Officer. $PII PR link.

The US Dept of Labor estimates Total May US Job Openings at 5.5 million, -5.9% from April, +2.1% from May 2015. USDOL PR link.

The US Dept of Commerce estimates Total US May Monthly Wholesale Trade at $435.5 billion, +0.5% from April, -2.44 from May 2015.USDOC PR link.

FreddieMac releases US July Outlook, expects GDP to be 1.9% in 2016, 2.2% in 2017.$FMCC PR link.

Corelogic estimates Total May US Seriously Delinquent Mortgage Payments at 1.113 million, -21.6% from May 2015. CoreLogic PR link.

Retailers leased the most warehouse space in more than 30 years during second quarter.MarketWatch PR link.

Monday, July 11:

Southern Co(PBR155) & Kinder Morgan(PBR181 $KMI) enter 7,600 mileSouthern Natural Gas Pipeline strategic venture. $SO PR link.

Starbucks(PBR178) to increase wages 5-15% for all partners/store managers, effective 10/03/16. $SBUX PR link.

Caesars Entertainment(PBR314) & Caesars Acquisition Co amend & restate merger agreement. $CZR PR link.

Visteon(PBR351) completes acquisition of India based 140 employee automotive multimedia systems supplier AllGo Systems. $VC PR link.

Salesforce(PBR453) completes $75/share, $2.8 billion cash acquisition of global digital commerce market cloud leaderDemandware(NYSE: DWRE). $CRM PR link.

Skechers USA(PBR808) expands European Distribution Center to 98,500 sq meters, largest in southern Belgium. $SKX PR link.

Avnet(PBR100) appoints board member Bill Amelio as interim CEO, replaces leaving Rick Hamada. $AVT PR link.

Staples(PBR122) promotes Steve Matyas to President, North American Retail. $SPLS PR link.

HCP(PBR831) executive chairman Michael McKee adds interim president/CEO role with departure of Lauralee Martin. $HCP PR link.

BOK Financial(PBR1021) promotes Marty Grunst to Chief Risk Officer. $BOKF PR link.

Aircraft Industry: Boeing(PBR27) forecasts demand for 39,620 new airplanes valued at $5.9 trillion over next 20 years. $BA PR link.

Friday, July 8:

The PBR1000 Week Ending 07/08/16 US Stock Exchanges Snapshot:
DJIA ends week at 18,146.74, +1.10% from last Friday, +1.21% MTD/QTD, +4.14% YTD, -0.90% from record 18,312.39 on 05/19/15.
NASDAQ ends week at 4,956.76, +1.94% from last Friday, +2.36% MTD/QTD, -1.01% YTD, -5.02% from record 5,218.86 on 07/20/15.
SPX ends week at 2,129.90, +1.28% from last Friday, +1.48% MTD/QTD, +4.21% YTD, -0.04% from record 2,130.82 on 05/21/15.

Southern Co(PBR155) & Turner Renewable Energy acquire N Carolina 74 MW Rutherford Farm solar facility. $SO PR link.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer forFairchild Semiconductor(PBR1000 $FCS) to 07/21/16, currently has commitment of 50.9% of shares. $ON PR link.

Equinix(PBR793) promotes Mike Campbell as Chief Sales Officer. $EQIX PR link.

Cenveo(PBR899) to do 1-for-8 reverse stock split on 07/13/16. $CVO PR link.

The US Dept of Labor estimates Total US June Employed at 151.1 million, +67,000 from May, >strong>Unemployment Rate at 4.9%, June 2015 was 5.3%. USDOL PR link.

Thursday, July 7:

Southern Co(PBR155) acquires 102 megawatt Texas’ Lamesa Solar Facility, to be operational by mid 2017. $SO PR link.

Alpha Natural Resources(PBR548) to emerge from bankruptcy in late 07/16, to operate as a private company. $ANRZQ PR link.

WhiteWave Foods(PBR624) to be acquired by France based global food company Danone for $56.25/share, $12.5 billion cash, to close by 2016 end. $WWAV PR link.

PayChex(PBR770) authorizes up to $350 million share repurchase program through 05/31/19. $PAYX PR link.

Revlon(PBR900) hires Pamela Hill Alabaster to lead Global Corporate Communications/Social Responsibility. $REV PR link.

ADP says the US June Employment is +172,000 from May, +95,000 from small , +52,000 from medium, and +25,000 from large businesses. $ADP PR link.

Wednesday, July 6:

Southern Co(PBR155) acquires controlling interest in 102 MW Henrietta Solar Project in Kings Cty, CA, from SunPower(PBR680 $SPWR). $SO PR link.

Kinder Morgan(PBR181) gets new 10 year $900 million agreement to provide in-plant terminal resources for Nucor Corp(PBR130 $NUE). $KMI PR link.

Huntsman Corp(PBR244) to close S Africa 140 employee 25K metric ton titanium dioxide plant, save $200+ million. $AJG PR link.

Assurant(PBR268) acquires private $48 million/year title & valuation services providerAmerican Title for $45 million. $AIZ PR link.

MGM Resorts(PBR273) & NRG Energy(PBR186 $NRG) complete installation of nation’s largest rooftop solar array. $MGM PR link.

Gannett(PBR414) acquires certain publications/events assets of North Jersey Media Group, to contribute $90 million revenues/year. $GCI PR link.

Packaging Corp(PBR425) to acquire independent corrugated products producer $324 million/2015 TimBar for $386 million cash.$PKG PR link.

Alleghany Corp(PBR467) Jazwares unit acquires Boston based children/young adult musical instruments provider First Act. $Y PR link.

Arthur J Gallagher(PBR515) acquires 85% in Swedish based $11 million/yr specialty insurance/reinsurance broker Brim AB. $AJGPR link.

MSC Industrial(PBR715) to launch self-tender offer, do stock repurchase program up to $390 million. $MSM PR link.

Nortek(PBR763) to be acquired by industrial manufacturer UK based Melrose Industries PLC for $86.00/share, $2.8 billion cash. $NTKPR link.

D.E. Shaw strikes deal forSunEdison(PBR782)’s stake in California solar project. MarketWatch PR link.

Boston Properties(PBR803) completes acquisition of 49.8% interest in 1.2 million sf office campus Colorado Center in Santa Monica, CA, for $511.1 million. $BXP PR link.

Western Digital(PBR194) CFO Olivier Leonetti leaving, Chief Strategy Officer Mark Long to add EVP/CFO roles on 09/01/16. $WDC PR link.

DISH(PBR196) hires Jay Roth as SVP/Chief Marketing Officer, reports to EVP of Marketing Warren Schlichting. $DISH PR link.

The US Dept of Commerce says Total US Exports CYTD through May at $907.1 billion, Total Imports $1,105.7 billion, Total Deficit $200.4 billion. USDOC PR link.

The US Federal Reserve releases FOMCminutes for June meeting, no funds rate change, notes on UK vote on EU membership, inflation, jobs. FRB PR link.

Jobs: The Conference Board June Help Wanted Online rpt says 4.658M #jobs advertised online, -226,700 from May TCB PR link.

Mortgages: Refinancings soar as rates tumble post-#Brexit referendum. MarketWatch PR link.

ISM says June Non-Manufacturing Index at 56.5%, May was 52.9%.(>50% = #economy growing). ISM PR link.

Markit says US June Composite PMI at 51.2, up from May’s 50.9, with Services at 51.4, Manufacturing at 50.4. Markit PR link.

Tuesday, July 5:

Chevron(PBR3) approves next major Tengiz Expansion Project in Kazakhstan, to add 260,000 barrels of oil/day. $CVX PR link.

Comcast(PBR42 $CMCSA) will addNetflix(PBR447 $NFLX) to latest set-top boxes.MarketWatch PR link.

Sysco(PBR61) completes $3.1 billion acquisition of European food services distributorBrakes Group. $SYY PR link.

INTL FCStone(PBR88) completes acquisition of 100,000 clients, $11 billion in assets, 160 employees correspondent securities clearing & independent wealth management units of Stifel Financial(PBR835)’s Sterne Agee subsidiary.$INTL PR link.

Southern Co(PBR155) acquires 43 megawattPassadumkeag Windpark in Penobscot County, Maine. $SO PR link.

Bristol-Myers Squibb(PBR185) acquires Sweden based cancer/rare diseases therapies developer Cormorant Pharmaceuticals for up to $520 million. $BMY PR link.

Computer Sciences(PBR237) completes acquisition of Europe technology services ServiceNow provider Aspediens. $CSC PR link.

KKR(PBR332) to acquire industry specific enterprise software global provider Epicor.$KKR PR link.

KBR(PBR395) completes $570 million acquisition of government services providerWyle. $KBR PR link.

Netflix(PBR447 $NFLX) gets new exclusive US multi-year content licensing deal withCBS(PBR210)/Warner Bros joint venture CW Network for subscription TV services. $CBS PR link.

Jones Lang LaSalle(PBR449) completes acquisition of 500 employee global corporate real estate technology provider BRG. $JLL PR link.

Jones Lang LaSalle(PBR449) acquires Chevy Chase, MD investment sales, equity, & debt advisory firm Sage Capital Advisors. $JLL PR link.

Ventas(PBR671) to acquire life science/medical real estate assets of Blackstone(PBR352 $BX)’s Wexford Science & Technology unit for $1.5 billion cash. $VTR PR link.

A. Schulman(PBR791) enters strategic partnership with France based plastics distributor Snetor Chimie to commercialize masterbatches & additives in Africa. $SHLM PR link.

AMSURG(PBR945) Sheridan division acquires Boca Raton, FL 100+ providers 30 facilities in FL, NJ, MO, & IL Resolute Anesthesia and Pain Solutions. $AMSG PR link.

AMSURG(PBR945) Sheridan division acquires Tampa, FL 43 radiologists/18 locationsAllegiantMD. $AMSG PR link.

Charter Communications(PBR297) hires David Ellen as Sr EVP overseeing several business units. $CHTR PR link.

Bristow Group(PBR919) SVP/Chief Admin Office Hilary Ware leaving for personal reasons, Mary Wersebe is interim. $BRS PR link.

The US Dept of Commerce estimates Total US May Manufacturers New Orders at $456.5 billion, +0.04% from April, -3.16% from May 2015. USDOC PR link.

CoreLogic says that May National Home Prices were +5.9% from May 2015.MarketWatch PR link.

The PurdueU/CME June Ag Barometer at 104, May was 97(100=Unchanged).PurdueU/CME PR link.

Monday, July 4:
***Independence Day***
***US Stock Markets Closed.***
***Remember the Founding Fathers,***
***Celebrate Our Freedoms!***

Friday, July 1:

The PBR1000 Week Ending 07/01/16 US Stock Exchanges Snapshot:
DJIA ends week at 17,949.37, +3.15% from last Friday, +0.11% MTD/QTD, +3.01% YTD, -1.98% from record 18,312.39 on 05/19/15.
NASDAQ ends week at 4,862.57, +3.28% from last Friday, +0.41% MTD/QTD, -2.89% YTD, -6.83% from record 5,218.86 on 07/20/15.
SPX ends week at 2,102.95, +3.22% from last Friday, +0.19% MTD/QTD, +2.89% YTD, -1.31% from record 2,130.82 on 05/21/15.

Honeywell(PBR74) to acquire private supply chain & warehouse automatiion providerIntelligrated for $1.5 billion. $HON PR link.

Danaher(PBR137) completes spinoff of separate public professional instrumentation/industrial technologies providerFortive Corporation. $DHR PR link.

Southern Co(PBR155) completes $12 billion acquisition of AGL Resources(PBR452 $GAS), creates 2nd largest US utility. $SO PR link.

State Street(PBR260) completes up to $485 million acquisition of $100+ billion in assetsGE(PBR9) Asset Management. $STT PR link.

Newell Brands(PBR434) completes $270 million sale of window coverings business toHunter Douglas. $NWL PR link.

Abercrombie & Fitch(PBR595 $ANF) suesGap(PBR179 $GPS) over poaching of CMO.AdAge PR link.

Thor Ind(PBR616) acquires recreational vehicles $1.5 billion/2015 manufacturer Jaycofor $576 million. $THO PR link.

Alliance One Intl(PBR875) provides reasons for not being able to file annual 10-K on a timely basis. $AOI PR link.

American Capital Agency(PBR992) completes $562 million in cash acquisition of its external manager, American Capital Mortgage Management. AGNCP PR link.

The US Dept of Commerce estimates May US Total Construction Spending Annual Rate at $1.143 trillion, -0.79% from April, +2.80% from May 2015. USDOC PR link.

The June 2016 Manufacturing ISM® Report On Business® PMI at 53.2%, +1.9% from May.ISM PR link.

Automotive News reports June Automobile Sales at 1,512,996 units, +2.4% from June 2015. AutoNews PR link.

TrueCar estimates Total US June Automobile Sales at $50.9 billion, +7.4% from June 2015,Average Transaction Price at $32,693.TrueCar PR link.

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The PBR1000 June 2016 Breaking News Recap

July 4, 2016 by

June 2016: Setting the Stage for the Second Half

Big Ben London-Vichaya Kiatying-Angsulee ID-100250996

Big Ben says it’s time for The United Kingdom to leave the European Union.

By Larry C. Paxton

Several stories broke in June 2016 to set the stage for the second half.

The Federal Reserve was set to increase the funds rate, the disappointing jobs report came out, and the funds rate is not changing for now.

Donald Trump and Hillary Clinton became the clear presumptive nominees of their political parties after the final primaries in early June. But both candidates carry some heavy baggage, have high negatives, and their economic and business policies are not yet clear. The Rio Olympics are coming up in August, but the US Presidential race looks like it may be become a very expensive combination marathon and wrestling event with lots of explosives and negative ads involved.

Then Brexit happened.  There was short term volatility in the global stock markets as UK citizens narrowly voted to leave the European Union, there are efforts to invalidate the results, and there is a lot of conjecture about what will happen and impact long term.

At the end of the month the great majority of large US financial firms got a no objection to their capital plans from the Federal Reserve and a flurry of raised dividends and share buyback programs were announced.

The stage has been set. Let’s see what surprises come up in the second half!

Following are The PBR1000 and economic related breaking news items of interest for June 2016, starting with the last active business day.

Thursday, June 30:

The PBR1000 End of June US Stock Exchanges Snapshot:
DJIA ends June at 17,929.99, +3.04% from last Friday, +0.80% MTD, +1.38% QTD, +2.90% YTD, -2.09% from record 18,312.39 on 05/19/15.
NASDAQ ends June at 4,842.67, +2.86% from last Friday, -2.13% MTD, -0.56% QTD, -3.29% YTD, -7.21% from record 5,218.86 on 07/20/15.
SPX ends June at 2,098.86, +3.02% from last Friday, +0.09% MTD, +1.90% QTD, +2.69% YTD, -1.50% from record 2,130.82 on 05/21/15.

Amazon(PBR29) 2nd annual Prime Day to be 07/12/16, 100,000+ deals worldwide available. $AMZN PR link.

International Paper(PBR117) completes $150 million sale of Asia based 18 factories, 3,000 employees, corrugated packaging business. $IP PR link.

Hertz(PBR259) receives $2 billion from separation of equipment rental business, authorizes $395 million share repurchase program. $HTZ PR link.

Hertz(PBR259) reaches US off-airport supply agreements with Uber & Lyft. $HTZ PR link.

Ball Corp(PBR312) completes $8.4 billion cash/stock acquisition of UK based metal beverage can maker Rexam(LSE: REX). $BLL PR link.

Hershey(PBR354) board rejects $107/share cash/stock acquisition by Mondelez(PBR87 $MDLZ), & no reason for further discussion. $HSY PR link.

Newmont Mining(PBR358) selling interest in Indonesia’s PTNNT copper/gold mines for $1.3 billion. $NEM PR link.

HanesBrands(PBR459) completes $222 million acquisition of Champion Europe, uniting Champion brand globally. $HBI PR link.

CIT Group(PBR608) files initial Form 10 for separation of commercial aircraft leasing business, to close by end of 2016. $CIT PR link.

NASDAQ(PBR618) completes $1.1 billion acquisition of International Securities Exchange from Deutsche Borse Group. $NDAQ PR link.

AMC Entertainment(PBR728) issues statement on Carmike Cinemas(NASDAQ: CKEC) delay to vote on being acquired. $AMC PR link.

Ruby Tuesday(PBR1041) to open a series of Tesla(PBR651 $TSLA) Supercharger Stations. $RT PR link.

Cardinal Health(PBR26) hires Pamela Kimmet as Chief Human Resources Officer. $CAH PR link.

The US Dept of Treasury says 06/29/16 US National Public Debt at $13.909 trillion, Government $5.374 trillion, Total $19.283 trillion.
Treasury PR link.

The US Dept of Labor estimates US 4 Week Moving Average Initial Unemployment Claims at 266,750, was 278,500 last month. USDOL PR link.

The US Dept of Commerce estimates US 1st Quarter Net International Investment Position at $24.083 trillion in Assets, $31.609 trillion Liabilities, -$7.526 trillion Balance. USDOC PR link.

EIA says June Barrels of Crude Oil Stocks at 526.6 million, was 537.1 million in May, 487.4 million in December. EIA PR link.

FreddieMac says Average 30 Year Fixed Mortgage Rate at 3.48% with 0.5 fees/points, was 3.64% on 05/26/16, 4.01% on 12/31/16. $FMCC PR link.

The June MNI Chicago Business Barometer at 56.8, May was 49.3, Dec 42.9. ISM-Chicago PR link.

AAA says end of June Regular Gas National Average Price/Gallon at $2.288, May was $2.322, June 2015 was $2.768. AAA PR link.

Wednesday, June 29:

GE(PBR9)’s GE Capital financial unit receives approval for rescission of status as nonbank Systemically Important Financial Institution. $GE PR link.

JPMorgan Chase(PBR21) capital plan not objected to by the Federal Reserve, includes up to $10.6 billion in shares repurchases by 06/30/17. $JPM PR link.

Bank of America(PBR24) authorizes $5 billion common stock repurchase program through 06/30/17. $BAC PR link.

CitiGroup(PBR28) authorizes $8.6 billion common stock repurchase program over next 4 quarters. $C PR link.

Energy Transfer Equity(PBR52) terminates $37.6 billion merger agreement with Williams Cos(PBR348 $WMB). $ETE PR link.

Oracle(PBR78) prices $14 billion aggregate principal amount of investment grade notes, proceeds for general corporte purposes. $ORCL PR link.

Morgan Stanley(PBR79) authorizes $3.5 billion common stock repurchase program over next 4 quarters. $MS PR link.

American Express(PBR83) repurchasing up to $3.3 billion in shares, capital plan accepted by Federal Reserve. $AXP PR link.

Alcoa(PBR115) files initial 10-K for separation of upstream business to be called Alcoa Corporation, value-added businesses to remain with existing corporation, to be named Arconic, scheduled for 2H2016. $AA PR link.

Capital One(PBR116) authorizes up to $2.5 billion common stock repurchase program through 06/30/17. $COF PR link.

NextEra Energy(PBR173)’s Florida Power & Light subsidiary to buy Indiantown coal-fired 330 MW power plant for $451 million, replace with cleaner area natural gas power plants. $NEE PR link.

PNC Financial(PBR189) gets approval of capital plan by the Federal Reserve, authorizes up to $2.0 billion shares repurchase program through 06/30/17. $PNC PR link.

Ecolab(PBR201) to acquire France based 700 global employees $250 million/2015 healthcare & hygiene provider Anios. $ECL PR link.

State Street(PBR260) authorizes up to $1.4 billion common stock repurchase program through 06/30/17. $STT PR link.

AGCO(PBR280) to acquire Denmark based manufacturer of seed & grain processing & storage products Cimbria for $340 million. $AGCO PR link.

AMD(PBR446) acquires Radeon software PC gaming technologies developer HiAlgo. $AMD PR link.

KeyCorp(PBR544) authorizes up to $350 million common share repurchase program through 06/30/17. $KEY PR link.

Comerica(PBR740) authorizes up to $440 million equity repurchases through 06/30/17, no objection of capital plan by the Federal Reserve. $CMA PR link.

Apollo Global Mgmt(PBR906 $APO) affiliates to acquire Diamond Resorts Intl(NYSE: $DRII) for $30.25/share, $2.2 billion cash. http://bit.ly/2974O5e$DRII PR link.

Lands’ End(PBR976) SEC 13D filing shows Edward Lampert’s ESL Partners has 57.3% stake. SEC 13D PR link.

McCormick(PBR552) to promote Michael Smith to EVP/CFO, effective 09/01/16, succeeds retiring Gordon Stetz. $MKC PR link.

Brinker Intl(PBR697) promotes Kelli Valade to president, Chili’s Bar & Grill. $EAT PR link.

The US Dept of Commerce estimates May US Personal Savings at $730.6B, -3.1% from April, May Savings Rate at 5.3%. USDOC PR link.

Tuesday, June 28:

McKesson(PBR6) to combine its Technology Solutions unit with IT services provider Change Healthcare into a new company with $3.4 billion sales in 2016. $MCK PR link.

Dow Chemical(PBR48) restructuring before merger with Dupont(PBR82), to eliminate 2,500(4%) positions globally. $DOW PR link.

Cisco(PBR60) intends to acquire Waltham, MA, private cloud security provider CloudLock for $293 million. $CSCO PR link.

Gilead Sciences(PBR107) gets FDA approval for Hepatitis C single tablet regimen Epclusa. $GILD PR link.

Carnival Corp(PBR184) authorizes $1 billion share repurchase program. $CCL PR link.

Nordstrom(PBR214) to integrate Trunk Club operations with Nordstrom fulfillment network, close Goose Island facility by 08/2017. $JWN PR link.

Air Products(PBR267) Materials Technologies’ Electronic Materials division to be spunoff in 09/2016 as Versum Materials with headquarters in Tempe, AZ. $APD PR link.

Ball Corp(PBR312) gets US FTC approval for $8.4 billion cash/stock acquisition of UK based metal beverage can maker Rexam(LSE: REX). $BLL PR link.

Jones Lang LaSalle(PBR449) to acquire London based 25,000 client properties in 48 countries MSCI Global Occupiers unit. $JLL PR link.

Babcock & Wilcox(PBR695) restructuring, to immediately eliminate 200 jobs in traditional coal-fired power generation unit. $BW PR link.

Honeywell(PBR74) president/COO Darius Adamczyk to succeed Dave Cote as CEO on 03/31/17, Cote to be executive chairman. $HON PR link.

The US Dept of Commerce 3rd estimate of 1st Quarter GDP revised to +1.1% from +0.8%, $18.230 trillion. USDOC PR link.

The S&P/Case-Shiller April National Home Price Index is at 178.69, 5.0% annual gain(Jan2000=100). S&P/CS PR link.

The Conference Board estimates the June Consumer Confidence Index at 98.0, May was 92.4(1985=100). TCB PR link.

Monday, June 27:

Kroger(PBR20 $KR) sues Visa(PBR224 $V) over pin debit transactions. MarketWatch PR link.

PepsiCo(PBR43 $PEP) to bring back Diet Pepsi with Aspartame. MarketWatch PR link.

INTL FCStone(PBR88) to acquire 100,000 clients, $11 billion in assets, 160 employees correspondent securities clearing & independent wealth management units of Stifel Financial(PBR835)’s Sterne Agee subsidiary. $INTL PR link.

Medtronic(PBR133) to expand heart failure portfolio with acquisition of Heartware International(NASDAQ: $HTWR) for $58.00/share, $1.1 billion cash. $MDT PR link.

Gannett(PBR414) to acquire $320 million/year digital market solutions company ReachLocal(NASDAQ: $RLOC) for $4.60/share cash. $GCI PR link.

Wynn Resorts(PBR427) to open Wynn Palace in the Cotai area of Macau on 08/22/16. $WYNN PR link.

Chipotle(PBR561) unveils Chiptopia Summer Rewards 3 month program starting 07/01/16, based on multiple paid visits. $CMG PR link.

DENTSPLY Sirona(PBR694) to acquire Israeli based $80 million/year dental implants manufacturer MIS Implants Technologies for $375 million cash. $XRAY PR link.

Skechers USA(PBR808) wins trademark dispute regarding its Twinkle Toes & Bobs Shoes brands against Converse. $SKX PR link.

Wendy’s(PBR877) entering Brazilian market through joint venture with Infinity Services & Starboard. $WEN PR link.

People’s United Financial(PBR1012) to acquire Suffolk Bancorp(NYSE: $SCNB) in $402 million all stock transaction. $PBCT PR link.

Charles River Labs(PBR1025) acquires biologics/biosimilars analytical contract research organization Blue Stream Labs. $CRL PR link.

FreddieMac June Outlook forecasts 2016 30 year fixed rate mortgages to average 3.9%, 4.5% in 2017. $FMCC PR link.

Friday, June 24:

The PBR1000 Week Ending 06/24/16 US Stock Exchanges Snapshot:
DJIA at 17,400.75, -1.58% from last Friday, -2.17% MTD, -1.61% QTD, -0.14% YTD, -4.98% from record 18,312.39 on 05/19/15.
NASDAQ at 4,707.98, -1.92% from last Friday, -4.85% MTD, -3.32% QTD, –5.98% YTD, -9.79% from record 5,218.86 on 07/20/15.
SPX at 2,037.41, -1.63% from last Friday, -2.84% MTD, -1.08% QTD, -0.32% YTD, -4.38% from record 2,130.82 on 05/21/15.

Energy Transfer Equity(PBR52) entitled to terminate merger agreement with Williams Cos(PBR348) per Delaware Chancery Court ruling. $ETE PR link.

Pfizer(PBR56) completes acquisition of inflammation/immunology providor Anacor Pharmaceuticals(NASDAQ: ANAC) for $99.25/share, $5.2 billion cash. $PFE PR link.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer for Fairchild Semiconductor(PBR1000) to 07/08/16, currently has commitment of 40.7% of shares. $ON PR link.

United Technologies(PBR45) hires Vince Campisi as SVP/Digital & Chief Info Officer, succeeds retiring Nancy Davis. $UTX PR link.

TECO Energy(PBR758) president/CEO John Ramil to retire on 08/31/16, to serve on Emera(TSX: EMA) board after 07/01/16 acquisition. $TE PR link.

The U of Michigan Final June Index of Consumer Sentiment Index was at 93.5, May was 94.7. UMich PR link.

Brexit Results: The UK votes 52% to 48% to exit the European Union. BBC PR link.

Thursday, June 23:

Macy’s(PBR97) president Jeff Gennette to add CEO role in 1st quarter, 2017, Terry Lundgren to remain Executive Chairman. $M PR link.

Barnes & Noble(PBR408) COO Jaime Carey promoted to President of Development & Restaurants Group; Michael Ladd hired as VP/Stores. $BKS PR link.

Roper Technologies(PBR614) hires John Stipancich as VP/General Counsel & Secretary. $ROP PR link.

The US Dept of HUD estimates May New Single-Family Home Sales at 551,000, -6.0 from April, +8.7% from May 2015. HUD PR link.

The Conference Board May US Leading Economic Index® at 123.7, -0.2% from April(2010 = 100). TCB PR link.

Wednesday, June 22:

Amazon(PBR29) to build 600,000 sf fulfillment center in Braselton, GA, to create 500+ fulltime jobs. $AMZN PR link.

Whirlpool(PBR138) EVP/CFO Larry Venturelli to retire in early 2017, Jim Peters to be EVP/CFO 08/01/16. $WHR PR link.

A. Schulman(PBR791) promotes Andreas Gunther to EVP/Chief Human Resources Officer, effective 07/01/16, succeeds retiring Kim Whiteman. $SHLM PR link.

Natl Assn Realtors says May Existing Home Sales at 5.53 million, +1.8% from April, +4.5% from May 2015. NAR PR link.

Tuesday, June 21:

CVS Health(PBR11) to expand healthy foods initiative to all 2,900+ stores. $CVS PR link.

Cablevision(PBR390) acquisition by Netherlands based Altice NV(Euronext: ATC) for $34.90/share, $17.7 billion enterprise value, is completed, creates 4th largest cable TV operator in the US, renamed to Altice USA. $ATC PR link.

QEP Resources(PBR626) to acquire 9,400 acres, 430 potential oil wells, in Permian Basin in Martin County, TX, for $600 million. $QEP PR link.

Tesla(PBR651) offers to buy SolarCity for $26.50-28.50/share in all stock deal. $TSLA PR link.

Kroger(PBR20)’s Ralphs division president Donna Giordano retiring effective 07/23/16, Valerie Jabbar promoted to succeed her. $KR PR link.

Biogen(PBR282) promotes Paul McKenzie, PhD, to EVP/Pharmaceutical Operations & Technology, effective 07/01/16. $BIIB PR link.

NVIDIA(PBR510) EVP/Chief Admin Officer & Secretary David Shannon to retire by 12/31/16. $NVDA PR link.

Lands’ End(PBR976) promotes Becky Gebhardt to EVP/Chief Marketing Officer, announces additional marketing leadership personnel. $LE PR link.

Monday, June 20:

Walmart(PBR1) & JD.com(NASDAQ: $JD) form strategic alliance to serve consumers across China. $WMT PR link.

Icahn Enterprises(PBR147 $IEP) increases proposal from $7/share to $8/share to buyout remaining shares it does not own in Federal-Mogul(NASDAQ: FDML). $FDML PR link.

Kellogg(PBR198) creates Eighteen94 Capital with $100 million to help fund next generation innovation startups. $K PR link.

Marathon Oil(PBR250) to acquire 61,000 acres 9,000 barrels of oil/day in Oklahoma Anadarko Basin STACK from PayRock Energy for $888 million. $MRO PR link.

Henry Schein(PBR270) to expand presence in Japan by owning 50% interest in $125 million/year 8 dealers dental equipment & supplies distributor J. Morita subsidiary One Piece. $HSIC PR link.

Caesars Entertainment(PBR314) launches 50th anniversary 50 day countdown activities/events for Caesars Palace-Las Vegas. $CZR PR link.

Avis Budget(PBR316) to hire 1,500 part time positions on 06/22/16 during national hiring day. $CAR PR link.

SemGroup(PBR866) transfers 51 positions from Oklahoma City headquarters to Tulsa headquarters, which now has 175 positions. $SEMG PR link.

Bristol-Myers Squibb(PBR185) promotes Murdo Gordon to new position of EVP/Chief Commercial Officer. $BMY PR link.

Friday, June 17:

The PBR1000 Week Ending 06/17/16 US Stock Exchanges Snapshot:
DJIA at 17,675.16, -1.06% from last Friday, -0.63% MTD, -0.06% QTD, +1.44% YTD, -3.48% from record 18,312.39 on 05/19/15.
NASDAQ at 4,800.34, -1.92% from last Friday, -2.99% MTD, -1.43% QTD, -4.14% YTD, -8.02% from record 5,218.86 on 07/20/15.
SPX at 2,071.22, -1.19% from last Friday, -1.23% MTD, +0.56% QTD, +1.33% YTD, -2.80% from record 2,130.82 on 05/21/15.

Microsoft(PBR31) acquires conversational intelligence app developer Wand Labs. $MSFT PR link.

DISH(PBR196) receives rejection from Tribune Publishing(NYSE: $TPUB) regarding use of arbitration, wants “fair market rates.” DISH replies. $DISH PR link.

Blackstone(PBR352) acquires Dublin, Ireland, 1.2 million sf 180 stores retail complex Blanchardstown Centre. $BX PR link.

Tower Intl(PBR874) authorizes open ended $100 million share buyback program. $TOWR PR link.

Amgen(PBR135) promotes Esteban Santos to EVP, Operations, effective 07/25/16, succeeds retiring Madhu Balachandran. $AMGN PR link.

The US Dept of Labor estimates May Current Average Earning at $25.59/Hr, +0.2% from April, +2.6% from May 2015. USDOL PR link.

The US Dept of HUD estimates May Private Housing Building Permits at a 1.138 million annual rate, +0.7% from April, -10.1% from May 2015. HUD PR link.

Thursday, June 16:

Walt Disney(PBR57) opens Shanghai Disney Resort. $DIS PR link.

Xerox(PBR144) business process outsouring $7 billion/2015 spinoff to be named Conduent, document technology $11 billion/2015 to remain Xerox. $XRX PR link.

AES Corp(PBR171) to sell 100% equity interest in Brazil’s AES Sul to CPFL Energia SA(NYSE: $CPL) for $464 million. $AES PR link.

DISH(PBR196) asks Tribune(NYSE: $TPUB) to agree to binding, baseball-style arbitration, end blackout for DISH customers; touts success of free over-the-air antenna solution. $DISH PR link.

Viacom(PBR212) lead independent director files lawsuit to prevent invalid attempt to remove members of the Company’s Board of Directors. $VIA PR link.

BlackRock(PBR252) buys 50% interest in Grandview, TX, 211 megawatt wind project. now has 3 gigawatt wind/solar capacity worldwide. $BLK PR link.

Revlon(PBR900) to acquire global beauty products provider Elizabeth Arden(NASDAQ: $RDEN) for $14.00/share, $870 million cash. $REV PR link.

Scientific Games(PBR937) gets 7 year extension with Georgia Lottery, Jumbo Bucks instant game tops $10 billion for #2 lottery in the world. $SGMS PR link.

Brinker Intl(PBR697) hires Rick Badgley as Chief People Officer, effective 07/18/16. $EAT PR link.

The US Dept of Labor says May Consumer Price Index at +0.2%, April was +0.4%, +1.0% over last 12 months. $USDOL PR link.

The Philadelphia Federal Reserve says June Manufacturing Business General Activity Indicator at +4.7, was -1.8 in May. PhiladelphiaFed PR link.

The NAHB/Wells Fargo June Housing Market Index at 60, May was 58. NAHB/WF PR link.

Wednesday, June 15:

Office Depot(PBR182) to hire 8,000 associates during back-to-school season, up 33% from last year. $ODP PR link.

Jabil Circuit(PBR188) to do up to $400 million share repurchase program through 08/17. $JBL PR link.

Mylan(PBR346) completes $950 million cash acquisition of topicals-focused specialty and generics business of Renaissance Acquisition Holdings. $MYL PR link.

Celgene(PBR347) adds $3.0 billion to share repurchase program, balance is $5.3 billion, has repurchased $15.2 billion in shares since 2009. $CELG PR link.

Pioneer Natural Resources(PBR476) to acquire 28,000 Midland Basin acres from Devon Energy(PBR143 $DVN) for $450 million. $PXD PR link.

Arch Coal(PBR691) files amended plan of reorganization & disclosure statement, has support of majority of senior secured lenders, hearing scheduled for 06/22/16. $ACIIQS PR link.

Nu Skin(PBR756) gets $210 million strategic investment from Ping An ZQ China Growth Opportunity Limited. $NUE PR link.

Panera Bread(PBR768) removing all food additives from 50 grocery items by end of 2016. $PNRA PR link.

Dynegy(PBR777) to acquire Energy Capital Partners’ 35% interest in Atlas joint venture for $750 million, will own 100% of ENGIE 9,058 MW US fossil portfolio. $DYN PR link.

Ferrellgas(PBR801) acquires Pagosa Springs, CO, retailer Selph’s Propane, 240th propane acquisition in 75 years. $FGP PR link.

AMSURG(PBR945) to merge with Envision Healthcare(NYSE: $EVHC) in all stock $15 billion enterprise value deal. $AMSG PR link.

Iron Mountain(PBR663) EVP/CFO Rod Day resigns, effective after filing of 10-Q, Stuart Brown hired to be EVP/CFO. $IRM PR link.

The US Dept of Labor says the May Producer Price Index at +0.4%, April was +0.2%, last 12 months at -0.1%. USDOL PR link.

The US Federal Reserve estimates May Industrial Production Index at 103.6, April was 104.0(2012=100), % Change from previous year at -1.4%. FRB PR link.

The Federal Reserve-New York says June Empire State Manufacturing Survey General Business Conditions Index at 6.0, May was -9.0. FRBNY PR link.

The FOMC maintains federal funds rate at 0.25-0.50% to foster maximum employment & price stability. FRB PR link.

ADP(PBR235) 2016 Annual Health Benefits Report for Large Employers says system remains stable. $ADP PR link.

Tuesday, June 14:

The PBR1000 Fun Fact: The PBR1000 Stock Price % Change YTD(5 months) ranged from +170.89% to -96.86%, 642/1003 were >0.00%, median was +5.71%, overall was +3.75%.

Staples(PBR122) to roll out same-day delivery service in 8 major US cities. $SPLS PR link.

Bed Bath & Beyond(PBR240) acquires home décor/design provider Kings Lane in all cash transaction. $BBBY PR link.

Universal Forest Products(PBR733) to acquire $83 million sales/2015 treated wood provider Robbins Manufacturing. $UFPI PR link.

Kroger(PBR20) promotes Dennis Gibson to president, King Soopers stores division, effective 07/01/16, succeeds retiring Russ Dispense. $KR PR link.

MetLife(PBR39) board waives age 65 retirement policy for chairman/president/CEO Steven Kandarian. $MET PR link.

Xerox(PBR144) hires Ashok Vemuri as EVP & CEO of Xerox Business Services, which is to be a public spinoff. $XRX PR link.

MasterCard(PBR291) promotes Michael Fraccaro Chief Human Resources Officer, succeeds leaving Ron Garrow, effective 07/08/16. $MA PR link.

Scientific Games(PBR937) wins 8 year plus 2 year extension N Carolina’s instant game lottery business. $SGMS PR link.

Red Robin(PBR1046) CFO Stuart Brown leaving effective 07/15/16, Terry Harryman to be interim CFO. $RRGB PR link.

US Dept of Labor estimates May US All Imports Prices Index at +1.4% from April, -5.0% from May 2015. USDOL PR link.

US Dept of Commerce estimates April Value of Distributive Trade Sales/Manufacturers’ Shipments at $1.290 trillion, +0.9% from March, -1.3% from Apr 2015. USDOC PR link.

The US Dept of Commerce estimates May US Retail Sales at $455.6 billion, +0.4% from April, +2.5% from May 2015. USDOC PR link.

Jobs: Manpower(PBR132) says nearly 1 in 4 companies anticipate increasing staff levels in 3Q2016. $MAN PR link.

Housing: CoreLogic says April Serious Housing Foreclosures at 1.135M, -21.6% from April 2015, 1.1% of all houses. CoreLogic PR link.

Monday, June 13:

Microsoft(PBR31 $MSFT) to acquire 433 million members LinkedIn(PBR843) for $196/share, $26.2 billion cash. $LNKD PR link.

McDonald’s(PBR101) to relocate its corporate headquarters to Chicago’s West Loop by spring 2018. $MCD PR link.

DISH(PBR196) customers in 33 markets blacked out by Tribune Broadcasting, affected customers offered free over-the-air antennas. $DISH PR link.

Blackstone(PBR352) sells majority interest in Germany’s 288 MW offshore windfarm’s WindMW to China Three Gorges. $BX PR link.

Symantec(PBR385) to acquire global 15,000+ customers cloud web security provider Blue Coat for $4.5 billion cash. $SYMC PR link.

Arthur J Gallagher(PBR515) acquires Madison, WI, The Buchholz Planning Corp, a provider of life/disability insurance for healthcare organizations nationwide. $AJG PR link.

BlueLinx(PBR892) does 1-10 reverse stock split after stock market close. $BXC PR link.

Cheesecake Factory(PBR893) opens first restaurant in China at Disneytown in Shanghai Disney Resort. $CAKE PR link.

On Assignment(PBR918) authorizes new $150 million over 2 years stock repurchase program. $ASGN PR link.

Tyson Foods(PBR80) promotes Tom Hayes to president, Lonnie Smith remains CEO. $TSN PR link.

HanesBrands(PBR459) chairman/CEO Richard Noll to become executive chairman, COO Gerald Evans, Jr, to be CEO on 10/01/16. $HBI PR link.

Corrections Corp(PBR965) hires Scott Irwin to succeed retiring Steve Groom as EVP, General Counsel & Secretary. $CXW PR link.

Friday, June 10:

The PBR1000 Week Ending 06/10/16 US Stock Exchanges Snapshot:
DJIA at 17,865.34, +0.33% from last Friday, +0.44% MTD, +1.02% QTD, +2.53% YTD, -2.44% from record 18,312.39 on 05/19/15.
NASDAQ at 4,894.55, -0.97% from last Friday, -1.08% MTD, +0.51% QTD, -2.25% YTD, -6.21% from record 5,218.86 on 07/20/15.
SPX at 2,096.07, -0.15% from last Friday, -0.04% MTD, +1.76% QTD, +2.55% YTD, -1.63% from record 2,130.82 on 05/21/15.

JetBlue(PBR429) to fly to Cuba with first commercial flights in more than 50 years. $JBLU PR link.

Westlake Chemical(PBR538 $WLK) to acquire Axiall(PBR521) for $33.00/share, $3.8 billion cash. $AXLL PR link.

ON Semiconductor(PBR656) extends $20/share, $2.4 billion cash tender offer for Fairchild Semiconductor(PBR1000 $FCS) to 06/23/16, currently has commitment of 36.8% of shares. $ON PR link.

Brink’s(PBR613) hires Doug Pertz as president/CEO. $BCO PR link.

NASDAQ(PBR618) hires Michael Ptasznik as CFO, effective 07/11/16. $NDAQ PR link.

The US Dept of Treasury says May Fiscal YTD(8 mos) Receipts at $2.139 trillion, Outlays $2.456 trillion, Deficit $407 billion, was $367 billion in 2015. Treasury PR link.

The U of Michigan says Preliminary June Consumer Sentiment Index at 94.3, May was 94.7, June 2015 was 96.1. UMich PR link.

Thursday, June 9:

Energy Transfer Equity(PBR52) & Williams Cos(PBR348 $WMB) receive FTC clearance for $37.6 billion merger, closing based on pending lawsuits. $ETE PR link.

Sysco(PBR61) gets European Commission okay for $3.1 billion acquisition of European food services distributor Brakes Group, transaction to close in early July. $SYY PR link.

Merck(PBR70) to acquire private P2X3 receptor therapies developer Afferent Pharmaceuticals for $500 million plus up to an additional $750 million. $MRK PR link.

AutoNation(PBR148) to acquire $110 million/year Centennial Chyrsler Jeep in Denver, CO. $AN PR link.

Applied Materials(PBR299) authorizes new $2 billion share repurchase program. $AMAT PR link.

Dover(PBR343) to acquire Austin, TX, based global provider of fuel dispensing, payment, systems and aftermarket services for retail and commercial fuel stations Wayne Fueling Systems for $780 million cash. $DOV PR link.

The Andersons(PBR525) responds to HC2 2nd unsolicited $37.00/share offer with asset break up options saying it significantly undervalues company. $ANDE PR link.

Tesla(PBR651) says there is no safety defect in suspensions of Model S or X, no NHTSA investigation. $TSLA PR link.

Tempur Sealy(PBR687) adds $200 million to share repurchase program, balance is $205 million. $TPX PR link.

White Mountains Insurance(PBR775) sells Tranzact business. $WTM PR link.

Walgreens Boots Alliance(PBR36) appoints EVPs Alex Gourlay & Ornella Barra to Co-Chief Operating Officers, other executive changes announced. $WBA PR link.

Ralph Lauren(PBR349) hires Jane Nielsen as CFO, Bill Campbell, Corp SVP Global Supply Chain, Jeffrey Kuster, Group President-Americas. $RL PR link.

Visteon(PBR351) hires Steven Fitzgerald as VP/Chief Human Resources Officer. $VC PR link.

Intl Flavors & Fragrances(PBR666) hires Gregory Yep as EVP, Chief Global Scientific & Sustainability Officer, effective 06/20/16. $IFF PR link.

FreddieMac says mortgage rates drop on negative jobs report, 3.60% for 30 yr fixed. $FMCC PR link.

The US Dept of Labor estimates March Employee Costs for Employee Compensation averaged $23.25/hr wages+$10.70/hr benefits = $33.95/hr. USDOL PR link.

The US Federal Reserve Z1 Report says US Total 1Q2016 Domestic Debt at $45.7 trillion, +1.4% from 4Q2015, +5.1% from 1Q2015. FRB PR link.

The US Dept of Commerce estimates Total April US Wholesale Sales at $434.2 billion, +0.98% from March, -2.60% from April 2015. USDOC PR link.

The PBR1000 2015 Dividend Index is 1,019.6, +11.6% over 2014. 735/1005 companies, 73.1%, paid dividends, range is $0.02 to $18.02 per share.

Wednesday, June 8:

Micron Technology(PBR180) $3.2 billion acquisition of Inotera Memories of Taiwan not closing in July, update later in 2016. $MU PR link.

Carnival Corp(PBR184) Australia based ships Carnival Spirit & Carnival Legend welcome 500,000th guest since starting in 2012. $CCL PR link.

Boston Scientific(PBR356) announces restructuring program to reduce expenses by up to $150 million/year by 2020. $BSX PR link.

Jones Lang LaSalle(PBR449) to acquire San Antonio, TX, based Travis Commercial. $JLL PR link.

Arthur J Gallagher(PBR515) acquires Crystal Lake, IL, US construction/manufacturing insurer KRW Insurance Agency. $AJG PR link.

CR Bard(PBR637) adds $500 million to share repurchase authorization, balance is $705 million. $BCR PR link.

Tesla(PBR651 $TSLA) breaks into the top 10 most valuable car brands. MarketWatch PR link.

Aéropostale(PBR924 $AROPQ) battles Sycamore for turnaround chance – MarketWatch. MarketWatch PR link.

Brown & Brown(PBR972) completes acquisition of $34 million/year insurance products provider Morstan General Agency. $BRO PR link.

CBRE(PBR301) promotes Mike Lafitte & Cal Frese to Global Group Presidents. $CBG PR link.

Spirit AeroSystems(PBR370 $SPR) names COO Tom Gentile to CEO, effective late July, after retirement of Larry Lawson. MarketWatch PR link.

KBR(PBR395) promotes Lynn Nazareth to VP of Investor Relations. $KBR PR link.

Coach(PBR496) CFO Jane Hamilton Nielsen is leaving in August, Andrea Shaw Resnick appointed interim CFO, search started. $COH PR link.

IAC(PBR665 $IAC) Vimeo unit CEO Kerry Trainor stepping down after 4 years. MarketWatch PR link.

The US Dept of Labor estimates April US Job Openings at 5.79 million, +2.08% from March, +3.73% from April 2015. USDOL PR link.

The PBR1000 Total May Market Capitalization was $20.158 trillion, -0.43% from April, +0.16% YTD.

The PBR1000 May Market Cap Leaders were:
1. Apple $AAPL $547B
2. Alphabet $GOOGL $505B
3. Microsoft $MSFT $417B
4. ExxonMobil $XOM $369B
5. Amazon $AMZN $341B.

Tuesday, June 7:

Amazon(PBR29 $AMZN) sees ‘huge potential’ in India, announces $3 billion investment. MarketWatch PR link.

Ralph Lauren(PBR349) to restructure from 9 to 6 management levels. $RL PR link.

Gannett(PBR414) reiterates its interest in acquiring Tribune Publishing(NYSE: TPUB) for $15.00/share. $GCI PR link.

Jones Lang LaSalle(PBR449) to acquire 500 employee global corporate real estate technology provider BRG. $JLL PR link.

Zimmer Biomet(PBR512) to acquire spine disorders medical device provider LDR(NASDAQ: LDRH) for $37.00/share, $1.0 billion cash. $ZBH PR link.

Yahoo!(PBR519 $YHOO) seeks to raise $1 billion in patent auction. MarketWatch PR link.

Six Flags(PBR1040) adds $500 million to share repurchase plan, balance is $510 million. $SIX PR link.

Ashland(PBR407) hires Mary Meixelsperger as CFO for soon to be public spinoff Valvoline unit. $ASH PR link.

The US Dept of Labor says 1Q2016 Business Sector Output/Hr All Persons at Annual Rate was -0.7% from 4Q2015. USDOL PR link.

The US Federal Reserve estimates April Consumer Credit Outstanding at $3.602 trillion, +0.37% from March, +1.87% YTD, +6.40% from April 2015 FRB PR link.

PurdueU/CME Group May Ag Barometer Index at 97, April was 106. PurdueU/CME PR link.

The World Bank 2016 Global Growth Forecast revised lower to 2.4% from 2.9%. WorldBank PR link.

Monday, June 6:

GE(PBR9) completes $5.6 billion sale of Appliances business to Qindao Haier Co. $GE PR link.

Comcast(PBR42) begins rollout of gigabite internet in Nashville, intro offer of $70/mo for 36 months. $CMCSA PR link.

Devon Energy(PBR143) to divest $1 billion in non-core upstream assets in 3Q2016. $DVN PR link.

General Mills(PBR162) to launch first new cereal in more than 15 years. $GIS PR link.

BlackRock(PBR252) to sell Asia Square Tower 1 in Singapore for $2.45 billion. $BLK PR link.

Hertz(PBR259) to spinoff equipment rental business into separate public company Herc Holdings on 06/22/16. $HTZ PR link.

Jones Lang LaSalle(PBR449) to acquire UK based global mechanical/electrical property maintenance firm Integral UK. $JLL PR link.

Arthur J Gallagher(PBR515) acquires Lubbock, TX, retail insurance broker Ashmore & Associates, serves central US. $AJG PR link.

Plexus(PBR807) announces new $150 million share repurchase program. $PLXS PR link.

Revlon(PBR900) acquires Coty(NYSE: COTY)’s international Cutex businesses, completes global consolidation of Cutex brand. $REV PR link.

Viacom(PBR944) changes its bylaws to block Paramount sale. $VIA PR link.

Ford(PBR10) announces changes in China, India, Global Strategy & Finance leadership team. $F PR link.

Oshkosh(PBR368) promotes John Bryant to president, Defense Segment. $OSK PR link.

DSW(PBR778) SVP/CFO Mary Meixelsperger resigns, Jared Poff promoted to SVP, Finance & interim CFO. $DSW PR link.

Friday, June 3:

The PBR1000 Week Ending 06/03/16 US Stock Exchanges Snapshot:
DJIA at 17,807.06, -0.37% from last Friday, +0.11% MTD, +0.69% QTD, +2.19% YTD, -2.76% from record 18,312.39 on 05/19/15.
NASDAQ at 4,942.52, +0.18% from last Friday, -0.11% MTD, +1.49% QTD, -1.30% YTD, -5.30% from record 5,218.86 on 07/20/15.
SPX at 2,099.13, +0.00% from last Friday, +0.10% MTD, +1.91% QTD, +2.70% YTD, -1.49% from record 2,130.82 on 05/21/15.

The PBR1000 Stock Index for May is 69,355.91, +1.31% from April, +3.75% YTD, -1.59% from 12/31/14.

The PBR1000 May Stocks Monthly Change Range was +84.24% to -73.53%, 588/1005(58.5%) were >0.0%, Median was +1.20%.
The PBR1000 May Stocks YTD Change Range was +170.89% to -96.86%, 643/1005(64.0%) were >0.0%, Median was +5.71%.
The PBR1000 May Stocks 12/31/14 Change Range is +133.02% to -99.18%, 449/1005(44.8%) were >0.0%, Median is -3.71%.

Arrow Electronics(PBR120) to acquire the technical & electronics media portfolio of UBM. $ARW PR link.

Jones Lang LaSalle(PBR449) acquires NY headquartered 40 professionals construction related consulting firm Merritt & Harris. $JLL PR link.

The Andersons(PBR525) responds to 06/02/16 HC2(NYSE MKT: HCHC) letter restating $37.00/share offer with break up options. $ANDE PR link.

Alphabet(PBR44) Nest division CEO Tony Fadell is stepping down, being replaced by Marwan Fawaz. $GOOGL PR link.

Priceline(PBR319) .com subsidiary names COO Brett Keller interim CEO, succeeds Paul Hennessey who has left. $PCLN PR link.

The US Dept of Labor says May US Non-Farm Employment at 151,030,000, +26,000, +0.02%, from April, Unemployment rate 4.7%. USDOL PR link.

The US Dept of Commerce estimates April US Total Manufacturers New Orders were $460.5 billion, +1.9% from March, -1.8% from April 2015. USDOC PR link.

The US Dept of Commerce estimates April Total Exports YTD at $724.9 billion, Imports $884.2 billion, Deficit $159.3 billion. USDOC PR link.

Markit says May US Composite PMI Output Index at 50.9, April was 52.4. Markit PR link.

The ISM May US Non-Manufacturing Index at 52.9%, April was 55.7%. ISM PR link.

Thursday, June 2:

Amazon(PBR29) to open 2 fulfillment centers in Edwardsville, IL, creates 1,000 new jobs. $AMZN PR link.

Johnson & Johnson(PBR37) to acquire privately held hair care products provider Vogue International for $3.3 billion cash. $JNJ PR link.

Praxair(PBR233) completes $352 million acquisition of Yara International‘s European CO2 gas business. $PX PR link.

Gannett(PBR414) comments on support of Tribune Publishing(NYSE: TPUB) stockholders for Gannett’s $15.00/share offer. $GCI PR link.

Activision Blizzard(PBR540) Overwatch online team shooter game has 7 million players, 119 million hours logged, since release on 05/24/16. $ATVI PR link.

FTI Consulting(PBR941) authorizes up to $100 million stock repurchase program. $FCN PR link.

Huntsman Corp(PBR244) names Rohit Aggarwal as president, Textiles Effects division, effective 07/01/16, succeeds retiring Paul Hulme. $HUN PR link.

Hershey(PBR354) promotes Michele Buck to EVP/COO. $HSY PR link.

Colfax(PBR517) hires Christopher Hix as CFO, effective 07/01/16, succeeds Scott Brannan. $CFX PR link.

Patterson Cos(PBR542) Dental unit CEO Paul Guggenheim promoted to new corporate position of Chief Innovation Officer. $PDCO PR link.

Conn’s(PBR986) hires Lee Wright as CFO, succeeds Tom Moran. 3 other executive appointments in legal & credit. $CONN PR link.

ADP(PBR235) says May US #Employment Growth was 173,000, 76,000 from small businesses, 63,000 from midsized, 34,000 from large. $ADP PR link.

Wednesday, June 1:

Coca-Cola(PBR63 $KO) to acquire Unilever’s soy-based beverage business for $575 million. MarketWatch PR link.

National Oilwell Varco(PBR127) to acquire the completion tools business of Trican Well Service(TSX: TCW). $NOV PR link.

Shari Redstone says Viacom(PBR212 $VIA) shareholders have spoken and want new management. MarketWatch PR link.

JCPenney(PBR234) proposing to refinance & extend maturity date of $2.25 billion real estate term loan. $JCP PR link.

CBRE(PBR301) acquires London based luxury goods retail property advisor Michael Horwitz & Co,, terms not disclosed. $CBG PR link.

Jones Lang LaSalle(PBR449) acquires Finland based project development and architectural services 43 professionals team Procofin Oy. $JLL PR link.

Salesforce(PBR453) to acquire global digital commerce market cloud leader Demandware(NYSE: DWRE) for $75/share, $2.8 billion cash. $CRM PR link.

TeamHealth(PBR498) acquires Oceanside, CA, 70,000 patients/year Tri-City Emergency Medical Group. $TMH PR link.

Brown-Forman(PBR563) completes $400 million acquisition of the BenRiach Distillery Co with GlenDronach, BenRiach, & Glenglassaugh single malt Scotch whisky brands. $BF PR link.

Beacon Roofing(PBR818) has acquired Portland, OR, based residential roofing distributor Woodfeathers, terms not disclosed. $BECN PR link.

Assurant(PBR268) hires Richard Dziadzio as CFO/Treasurer, effective 07/16/16. $AIZ PR link.

SunTrust Banks(PBR307) to promote Margaret Callihan to Chief Human Resources Officer, effective 08/01/16, succeeds retiring Kenneth Carrig. $STI PR link.

S&P Global(PBR477) EVP/CFO Jack Callahan leaving in August. $SPGI PR link.

DeVry Education(PBR905) promotes Patrick Unzicker to SVP/CFO & Treasurer, succeeds leaving Timothy Wiggins. $DV PR link.

Auto Sales: AutoNews says May Total Auto Sales Units at 1,535,670, -6.1% from May 2015. AutoNews PR link.

TrueCar estimates US May Auto Sales at $51.9 billion, -0.8% from May 2015, Average Transaction Price $32,944, +3.4% from May 2015. TrueCar PR link.

The auto industry will change more in next five years than prior 50, says GM’s president. MarketWatch PR link.

ISM says May Manufacturers PMI at 51.3%, April was 50.8%, 12 of 18 industries show growth. ISM PR link.

Markit says May US Manufacturers PMI at 50.7, April was 50.8, weakest performance since Sept 2009. Markit PR link.

US Dept of Commerce estimates May US Construction Spending Annual Rate at $1.134 trillion, -1.83% from April, +4.51% from May 2015. USDOC PR link.

The US Federal Reserve releases Beige Book, notes modest US economic growth since 04/13/16 release. FRB PR link.

International Economy: Chart shows China’s debt bubble bigger than subprime bubble. MarketWatch PR link.

Smartphone shipments to ‘substantially slow’ in 2016. MarketWatch PR link.

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(The PBR1000 is the premiere business intelligence service covering over 1,000 of the largest publicly held companies with principle or administration headquarters in the US. These companies generate nearly $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to The PBR1000 subscribers. Users include C-level executives, entrepreneurs,  sales/marketing/advertising professionals, investors/investment advisors, business professors/students, career counselors/job seekers, to name just a few. To order your annual subscription, just go to the PBRMarketTools.com Subscribe page.)

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