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)

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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 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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The PBR1000 July 2016 Stocks/Commodities Snapshots

August 8, 2016 by

July 2016: The 2nd Half Race Starts

Hurdle Race 92784-20131105

Which The PBR1000 Companies Will Win the Race for Gold?

By Larry C. Paxton

As July 2016 progressed there was less attention to Brexit issues because it became clear that it is not an immediate outcome. While it is generally accepted that there will be some long term consequences, they do not appear to be as severe as originally presented by opponents to this action and as reported by the media. The sky will not fall and life will go on with mild effects on people and economies in general. 

Earnings reports continue to be mixed and economic indices continue to show moderate growth in the U.S. There continue to be concerns that this is somewhat fragile. For example, a key driver of the U.S.  economy is the price of oil, which continues to fluctuate in an unpredictable manner.

The major US Stock Exchanges had a good month, all showing positive results from the previous month, YTD, and since 12/31/14. The NASDAQ had the most positive trading days, with 14 out of 20, S&P500 13, and the DJIA 12. The DJIA had a 9 day gain streak in the middle of the month, but that was followed by a 5 day losing streak to end the month.

The PBR1000 companies in The Top 5 Tables continue to be spread across a wide variety of industries.

Let’s see if The PBR1000 and U.S. markets can have as good of an August as our Olympians will!

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 July 2016 edition.

The following partial tables are excerpts from The PBR1000 July Snapshots. The stock price is for the close of trading on July 29th, Month % Chg is compared to June 30th, YTD % Chg is compared toDecember 31, 2015, and the 19 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 +65.53% to -68.25%. 742 out of 1,004 stock prices were up 0.00% or more, or 73.90% of the companies tracked. The median was a gain of 4.13%.

Company PBR
Rank		 Symbol Price
07/29/16		 Mo
% Chg		 YTD
% Chg		 19 Mos
% Chg
Cloud Peak Energy
 997 CLD 3.41 +65.53 +63.94 -62.85
US Steel
 228 X 27.49 +63.05 +244.49 +2.80
Cenveo
 895 CVC 9.80 +50.08 +40.60 -41.67
Groupon
 632 GRPN 4.82 +48.31 +57.00 -41.65
Harsco
 898 HSC 9.79 +47.44 +24.24 -48.17

 

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

Table 2 Summary: The range was +400.63% to -97.45%. 685 out of 1,003 stock prices were up 0.00% or more, or 68.30% of the companies tracked. The median was a gain of 9.60%.

Company PBR
Rank		 Symbol Price
07/29/16		 Mo
% Chg		 YTD
% Chg		 19 Mos
% Chg
Cliffs Natural Resources
 842 CLF 7.91 +39.51 +400.63 +10.78
US Steel 228 X 27.49 +63.05 +244.49 +2.80
AK Steel 351 AKS 6.56 +40.77 +192.86 +10.44
Quad/Graphics 478 QUAD 25.36 +8.89 +172.69 +10.45
CONSOL Energy 633 CNX 19.38 +20.45 +145.32 -42.68

Table 3(S13): The PBR1000 Top 5 19 Months Stock Price % Gainers

Table 3 Summary: Range was +184.79% to -99.33%. 494 out of 997 stock prices were up 0.00% or more, or 49.55% of the companies tracked. The median was a loss of 0.40%.

Company PBR
Rank		 Symbol Price
07/29/15		 Mo
% Chg		 YTD
% Chg		 19 Mos
% Chg
NVIDIA
 454 NVSA 57.10 +21.46 +73.24 +184.79
AMD 536 AMD 6.86 +33.46 +139.02 +156.93
Amazon 18 AMZN 758.81 +6.04 +12.27 +144.50
Newmont Mining 320 NEM 44.00 +12.47 +144.58 +132.80
Insperity 722 NSP 78.49 +1.63 +63.01 +131.60

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

Table 4 Summary: Range was $562.02 billion to $0.00 billion. The average is $21.14 billion, medianis $6.34 billion, out of 1,003 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
07/29/16		 Mo
% Chg		 YTD
% Chg		 19 Mos
% Chg
Apple
 3 AAPL 562.02 +7.33 -4.23 -13.19
Alphabet
 35 GOOG 527.82 +11.08 +1.13 +47.81
Microsoft
 25 MSFT 442.56 +10.03 -0.14 +15.58
ExxonMobil
 2 XOM 368.84 -5.11 +13.66 -5.79
Amazon 18 AMZN 358.03 +6.04 +13.00 +149.15
The PBR1000
   21,208.33 +3.30 +5.31 +3.12

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

Company Price
07/29/16		 Mo
% Chg		 YTD
% Chg		 19 Mos
% Chg
The PBR1000 71,972.96 +3.71 +7.43 -1.73
DJIA 18,432.24 +2.80 +5.78 +3.42
NASDAQ 5,162.13 +6.60 +3.09 +9.00
S&P500 2,173.60 +3.56 +6.34 +5.57
GOLD 1,357.90 +1.50 +28.08 +14.60
SILVER 20.39 +5.54 +47.75 +30.71
OIL 41.38 -14.59 +11.72 -22.32

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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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

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 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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Filed Under: Recaps Tagged With: , , , , , , , , , , , ,

The PBR1000 June 2016 Stocks/Commodities Snapshots

July 24, 2016 by

June 2016: 1st Half & Brexit Surprise

brexit-1462470589PAa-2

What Are The Implications of Brexit?

By Larry C. Paxton

June 2016 ended the 1st half of the year with a lot of drama in the closing days.

On June 23rd the British voters quite unexpectedly elected to leave the European Union, and the word “Brexit” became a recognized worldwide term. Initially stocks plummeted on the uncertainty of what this would mean for the UK, Europe, the US, and the world. After a couple of days of significant losses a recovery started after most investors realized that there would be a smooth transition in the UK leadership, that Brexit would take a while to accomplish, and even though the economics are uncertain, there was no need to panic.

In terms of US stock exchanges most days in the month fluctuated between -0.50% to +0.50% from the previous day. NASDAQ had 10 of 22 trading days in that range, overall had 11 up days and 11 down days and was the most affected by Brexit, with 2 days having a loss of more than 2.00%, and then 2 days with a gain of over 1.50%. NASDAQ was the only loser for the month.

As you can see from the tables below The PBR1000 companies in The Top 5 Tables are spread across a wide variety of industries, a good sign.

At this time it appears that the Federal Reserve will not increase funds rates for some time due to the uncertainties of the markets worldwide and modest at best growth of the US economy.

Now the 2nd half of 2016 starts, it’s anybody’s guess about how it will unfold, and opinions are all over the place. We look forward to yours!

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 June 2016 edition.

The following partial tables are excerpts from The PBR1000 June Snapshots. The stock price is for the close of trading on June 30th, Month % Chg is compared to May 31st, YTD % Chg is compared to December 31, 2015, and the 18 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 +92.50% to -40.00%. 469 out of 1,009 stock prices were up 0.00% or more, or 46.48% of the companies tracked. The median was a loss of 0.67%.

Company PBR
Rank		 Symbol Price
06/30/16		 Mo
% Chg		 YTD
% Chg		 18 Mos
% Chg
Aeropostale
 931 ARO 0.08 +92.50 -72.50 -96.68
iHeartMedia
 377 IHRT 0.92 +41.30 +44.44 -82.31
Axiall
 599 AXLL 32.61 +40.02 +111.75 -23.22
LinkedIn
 655 LNKD 189.25 +38.64 -15.92 -17.61
Peabody Energy
 415 BTUUQ 1.37 +35.64 -82.16 -98.82

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

Table 2 Summary: The range was +258.86% to -97.25%. 618 out of 1,009 stock prices were up 0.00% or more, or 61.25% of the companies tracked. The median was a gain of 5.62%.

Company PBR
Rank		 Symbol Price
06/30/16		 Mo
% Chg		 YTD
% Chg		 18 Mos
% Chg
Cliffs Natural Resources
 842 CLF 4.28 +32.48 +258.86 -20.59
Quad/Graphics
 478 QUAD 19.21 +21.24 +150.43 +1.44
Newmont Mining
 320 NEM 32.41 +20.70 +117.45 +106.98
Axiall
 599 AXLL 23.29 +40.02 +111.75 -23.22
US Steel
 228 X 14.47 +16.52 +111.28 -36.95

Table 3(S13): The PBR1000 Top 5 18 Months Stock Price % Gainers

Table 3 Summary: Range was +134.46% to -99.28%. 441 out of 1,002 stock prices were up 0.00% or more, or 44.01% of the companies tracked. The median was a loss of 4.17%.

Company PBR
Rank		 Symbol Price
06/30/15		 Mo
% Chg		 YTD
% Chg		 18 Mos
% Chg
NVIDIA
 454 NVDA 47.01 +0.62 +42.63 +134.46
Amazon
 18 AMZN 715.62 -0.99 +5.88 +130.58
Insperity
 722 NSP 77.23 +7.31 +60.39 +127.88
Newmont Mining 320 NEM 39.12 +20.70 +117.45 +106.98
Skywest 635 SKYW 26.46 +12.12 +39.12 +99.25

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

Table 4 Summary: Range was $523.64 billion to $0.00 billion. The average is $20.41 billion, median is $6.19 billion, out of 1,007 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
06/30/16		 Mo
% Chg		 YTD
% Chg		 18 Mos
% Chg
Apple
 3 AAPL 523.64 -4.27 -10.77 -19.12
Alphabet
 35 GOOG 475.16 -5.93 -8.96 +33.06
Microsoft
 25 MSFT 402.22 -3.45 -9.24 +5.05
ExxonMobil
 2 XOM 388.70 +5.30 +19.78 -0.72
Berkshire Hathaway
 4 BRK.B 350.05 +0.64 +7.55 -3.19
The PBR1000
   20,549.26 +0.08 +1.97 -0.14

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

Company Price
06/30/16		 Mo
% Chg		 YTD
% Chg		 18 Mos
% Chg
The PBR1000 69,483.46 -0.18 +3.51 -1.36
DJIA 17,929.99 +0.80 +2.90 +0.60
NASDAQ 4,842.67 -2.13 -3.29 +2.25
S&P500 2,098.86 +0.09 +2.69 +1.94
Gold 1,337.80 +9.88 +26.18 +12.90
Silver 19.32 +20.83 +40.00 +23.85
Oil 48.45 -1.32 +30.80 -9.05

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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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

The PBR1000 May 2016 Stocks/Commodities Snapshots

July 4, 2016 by

May 2016: Oil Prices & Funds Rates

ID-100235617 Stock Market Chart-cooldesign

May 2016: A Quiet Month Compared To Its Reputation.

By Larry C. Paxton

May 2016 stock prices were a story of two halves. The first half fluctuated based on oil prices. In the second half this gave way to anticipation of what the Federal Reserve would do with the funds rate with a wide variety of opinions expressed.

Stock exchanges volatility were pretty consistent, most days fluctuating between -0.50% to +0.50% from the previous day. The DJIA and S&P500 both had 10 up days and 11 down days. NASDAQ had 9 down days and 12 up days, with a string of 5 up days to close out May.

As shown in Table 1 below, at the end of the month nearly 59% of The PBR1000 stocks were up for the month, with the Top 5 Gainers from across a variety of industry sectors, a contrast to April when the gainers were in oil related businesses.

In summary, May 2016 did not live up to its historical notorious reputation of being a downward trend month.

Let’s see what happens in June as we close out the first half of 2016.

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

The following partial tables are excerpts from The PBR1000 May Snapshots. The stock price is for the close of trading on May 31st, Month % Chg is compared to April 29th, YTD % Chg is compared to December 31, 2015, and the 17 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 +84.24% to -73.53%. 588 out of 1,002 stock prices were up 0.00% or more, or 58.68% of the companies tracked. The median was a gain of 1.22%.

Company PBR
Rank		 Symbol Price
05/31/16		 Mo
% Chg		 YTD
% Chg		 17 Mos
% Chg
Cenveo
 892 CVO 0.96 +84.24 +9.90 -54.40
Quad/Graphics
 480 QUAD 19.21 +53.07 +106.56 -16.33
CSC
 220 CSC 49.20 +48.51 +50.55 -21.97
Tutor Perini
 464 TPC 22.62 +42.98 +35.13 -6.02
Insperity
 723 NSP 71.97 +36.38 +49.47 +112.36

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

Table 2 Summary: The range was +170.89% to -96.86%. 642 out of 1,002 stock prices were up 0.00% or more, or 64.07% of the companies tracked. The median was a gain of 5.75%.

Company PBR
Rank		 Symbol Price
05/31/16		 Mo
% Chg		 YTD
% Chg		 17 Mos
% Chg
Cliffs Natural Resources
 840 CLF 4.28 -18.79 +170.89 -40.06
Quad/Graphics
 480 QUAD 19.21 +53.07 +106.56 -16.33
Denbury Resources
 973 DNR 4.01 +3.89 +98.51 -50.68
CONSOL Energy
 632 CNX 15.36 +2.06 +94.43 -54.57
Southwestern Energy
 629 SWN 13.67 +1.79 +92.26 -49.91

Table 3(S13): The PBR1000 Top 5 17 Months Stock Price % Gainers

Table 3 Summary: Range was +133.02% to -99.18%. 448 out of 999 stock prices were up 0.00% or more, or 44.84% of the companies tracked. The median was a loss of -3.66%.

Company PBR
Rank		 Symbol Price
05/31/15		 Mo
% Chg		 YTD
% Chg		 17 Mos
% Chg
NVIDIA
 456 NVDA 46.72 +31.49 +41.75 +133.02
Amazon
 18 AMZN 722.79 +9.58 +6.94 +132.90
Insperity
 723 NSP 71.97 +36.38 +49.47 +112.36
Netflix
 346 NFLX 102.57 +13.93 -10.33 +110.18
Activision Blizzard
 481 ATVI 39.26 +13.90 +1.42 +94.84

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

Table 4 Summary: Range was $546.98 billion to $0.00 billion. The average is $20.45 billion, median is $6.27 billion, out of 1,000 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
05/31/16		 Mo
% Chg		 YTD
% Chg		 17 Mos
% Chg
Apple
 3 AAPL 546.98 +5.24 -6.80 -15.51
Alphabet
 35 GOOG 505.11 +5.89 -3.22 +41.45
Microsoft
 25 MSFT 416.60 +5.62 -6.00 +8.80
ExxonMobil
 2 XOM 369.13 +0.55 +13.75 -5.71
Berkshire Hathaway
 4 BRK.B 347.83 -3.40 +6.86 -3.81
The PBR1000
   20,494.71 +1.30 +1.90 -0.24

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

Company Price
05/31/16		 Mo
% Chg		 YTD
% Chg		 17 Mos
% Chg
The PBR1000 69,291.59 +1.34 +3.77 -1.55
DJIA 17,787.20 +0.08 +2.08 -0.20
NASDAQ 4,948.05 +3.62 -1.19 +4.48
S&P500 2,096.96 +1.53 +2.59 +1.85
Gold 1,217.50 -5.98 +14.84 +2.75
Silver 15.99 -10.62 +15.87 +2.50
Oil 49.10 +6.76 +32.56 -7.83

Have questions on The PBR1000 or The PBR US Indices Monthly Snapshot? 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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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

The PBR1000 April 2016 Stocks/Commodities Snapshots

May 30, 2016 by

April 2016: Commodities Lead the Way

Petrochemical Plant-sudakitmod ID-100211349

Oil Over $100/barrel, Then Under $30/barrel, Now on the Rise, What is the Real Value of Oil?

By Larry C. Paxton

As Table 5 below demonstrates, stock exchanges in April were mixed with the DJIA and S&P 500 having modest gains. On the other hand, NASDAQ experienced a significant downward trend. Out of 21 trading days 7 were up, 14 were down, including the last 7 days. It is hard to accurately evaluate what this means, upcoming months will help us as we look back.

Table 5 also shows that commodities, especially oil, realized significant gains over the month. When will these prices start flattening out?

It is interesting the effect oil had on stock prices. As shown in Table 1, all 5 of the monthly stock leaders of The PBR1000 were related to the energy sector.

US and global economies continue to send mixed signals, but the US economy, even with modest/moderate growth, is the most robust and shows the most hope.

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

The following partial tables are excerpts from The PBR1000 April Snapshots. The stock price is for the close of trading on April 29th, Month % Chg is compared to March 31st, YTD % Chg is compared to December 31, 2015, and the 16 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 +75.67% to -68.55%. 557 out of 1,007 stock prices were up 0.00% or more, or 55.31% of the companies tracked. The median was a gain of 0.77%.

Company PBR
Rank		 Symbol Price
04/29/16		 Mo
% Chg		 YTD
% Chg		 16 Mos
% Chg
Cliffs Natural Resources
 842 CLF 5.27 +75.67 +233.54 -26.19
Energy Transfer Equity
 64 ETE 12.43 +74.33 -9.53 -56.67
Denbury Resources
 977 DNR 3.86 +73.87 +91.09 -52.52
Chesapeake Energy 212 CHK 6.87 +66.75 +52.67 -64.90
Southwestern Energy
 631 SWN 13.43 +66.42 +88.89 -50.79

 

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

Table 2 Summary: The range was +233.54% to -93.32%. 644 out of 1,007 stock prices were up 0.00% or more, or 63.95% of the companies tracked. The median was a gain of 4.61%.

Company PBR
Rank		 Symbol Price
04/29/16		 Mo
% Chg		 YTD
% Chg		 16 Mos
% Chg
Cliffs Natural Resources
 842 CLF 5.27 +75.67 +233.54 -26.19
US Steel
 229 X 19.11 +19.07 +139.47 -28.53
Alliance One
 827 AOI 25.51 +45.27 +122.41 +61.46
SunCoke Energy
 964 SXC 7.43 +14.31 +114.12 -61.58
AK Steel
 351 AKS 4.68 +13.32 +108.93 -21.21

 

Table 3(S13): The PBR1000 Top 5 16 Months Stock Price % Gainers

Table 3 Summary: Range was +112.53% to -98.92%. 432 out of 1,004 stock prices were up 0.00% or more, or 43.03% of the companies tracked. The median was a loss of -4.81%.

Company PBR
Rank		 Symbol Price
04/29/15		 Mo
% Chg		 YTD
% Chg		 16 Mos
% Chg
Amazon.com
 18 AMZN 659.59 +11.11 -2.41 +112.53
A-Mark Precious Metals
 391 AMRK 20.48 +2.91 +8.65 +105.42
Newmont Mining
 321 NEM 34.97 +31.57 +94.39 +85.03
Netflix
 347 NFLX 90.03 -11.93 -21.29 +84.49
Skechers USA
 628 SKX 33.05 +8.54 +9.40 +79.42

 

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

Table 4 Summary: Range was $519.75 billion to $0.00 billion. The average is $20.14 billion, median is $6.23 billion, out of 1,006 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
04/29/16		 Mo
% Chg		 YTD
% Chg		 16 Mos
% Chg
Apple
 3 AAPL 519.75 -13.99 -11.44 -19.72
Alphabet
 44 GOOG 477.01 -6.97 -8.60 +33.58
Microsoft
 27 MSFT 394.44 -9.70 -11.00 +3.01
ExxonMobil
 5 XOM 367.10 +5.75 +13.13 -6.23
Berkshire Hathaway
 2 BRK.B 360.06 +2.46 +10.62 -0.43
The PBR1000
   20,261.58 +0.33 +0.59 -1.56

 

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

Company Price
04/29/16		 Mo
% Chg		 YTD
% Chg		 16 Mos
% Chg
The PBR1000 68,565.33 +0.63 +2.41 -2.91
DJIA 17,773.64 +0.50 +2.00 -0.28%
NASDAQ 4,775.36 -1.94 -4.63 +.83
S&P500 2,065.30 +0.27 +1.05 +0.31
Gold 1,294.90 +4.80 +22.14 +9.28
Silver 17.89 +15.72 +29.64 +14.68
Oil 45.99 +19.95 +24.16 -13.67

Have questions on The PBR1000 or The PBR US Indices Monthly Snapshot? 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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

(Photo made available by supakitmod, FreeDigitalPhotos.net)

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

The PBR1000 March 2016 Stocks/Commodities Snapshots

May 1, 2016 by

March 2016: The Bull Looks Good as Stocks Rally

Business Bull-ddpavumba ID-100185941

March Was A Good Month For The Bull.

By Larry C. Paxton

In March oil prices rose and stocks followed accordingly.

In terms of volatility, for the S&P500 stocks, out of the 22 trading days in March 2016, 15 of them were positive, 1 was greater than 2%, 0 were less than -2%. 

So, the Bull won March.  But the overall US and world economies continue to send mixed signals, still showing more anxious fragility than comforting stability. The second quarter starts. The question is, can the Bull continue its run?

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

The following partial tables are excerpts from The PBR1000 March Snapshots. The stock price is for the close of trading on March 31st, Month % Chg is compared to February 29th, YTD % Chg is compared to December 31, 2015, and the 15 Mos % Chg is compared to December 31, 2014.

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

Table 1 Summary: The range was +209.57% to -72.72%. 915 out of 1,023 stock prices were up 0.00% or more, or 89.44% of the companies tracked. The median was a gain of 7.91%.

Company PBR
Rank		 Symbol Price
03/31/16		 Mo
% Chg		 YTD
% Chg		 15 Mos
% Chg
Republic Airways
 1015 RJETQ 1.95 +209.57 -50.38 -86.63
SM Energy
 769 SM 18.74 +107.30 -4.68 -51.43
Whiting Petroleum
 667 WLL 7.98 +99.00 -15.47 -75.82
US Steel 167 X 16.05 +75.99 +101.13 -39.98
Denbury Resources
 796 DNR 2.22 +73.44 +9.90 -72.69

 

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

Table 2 Summary: The range was +101.13% to -89.39%. 623 out of 1,023 stock prices were up 0.00% or more, or 60.90% of the companies tracked. The median was a gain of 3.82%.

Company PBR
Rank		 Symbol Price
03/31/16		 Mo
% Chg		 YTD
% Chg		 15 Mos
% Chg
US Steel
 167 X 16.05 +75.99 +101.13 -39.98
Cliffs Natural Resources
 518 CLF 3.00 +38.89 +89.87 -57.98
SunCoke Energy
 991 SXC 6.50 +37.42 +87.32 -66.39
AK Steel
 386 AKS 4.13 +44.41 +84.38 -30.47
Alpha Natural Resources
 548 ANRZQ 0.02 +23.03 +70.00 -98.88

 

Table 3(S13): The PBR1000 Top 5 13 Months Stock Price % Gainers

Table 3 Summary: Range was +109.49% to -98.88%. 435 out of 1,019 stock prices were up 0.00% or more, or 42.69% of the companies tracked. The median was a loss of -5.51%.

Company PBR
Rank		 Symbol Price
03/31/15		 Mo
% Chg		 YTD
% Chg		 15 Mos
% Chg
Netflix
 438 NFLX 102.23 +9.44 -10.62 +109.49
A-Mark Precious Metals
 419 AMRK 19.90 -8.42 +5.57 +99.60
Amazon.com
 29 AMZN 593.64 +7.44 -12.17 +91.28
Hawaiian Holdings
 820 HA 47.19 +9.69 +33.57 +81.15
Heartland Payment Systems
 821 HPY 96.57 +3.26 +1.85 +79.00

 

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

Table 4 Summary: Range was $604.30 billion to $0.00 billion. The average is $19.84 billion, median is $6.21 billion, out of 1,023 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
03/31/16		 Mo
% Chg		 YTD
% Chg		 15 Mos
% Chg
Apple
 3 AAPL 604.30 +12.72 +2.97 -6.66
Alphabet
 44 GOOGL 512.76 +6.76 -1.75 +43.59
Microsoft
 27 MSFT 436.83 +8.55 -1.43 +14.08
Berkshire Hathaway
 5 BRK.A 351.43 +5.99 +7.97 -2.81
ExxonMobil
 2 XOM 347.13 +4.21 +6.97 -11.33
The PBR1000
   20,299.43 +6.41 +0.29 -1.82

 

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

Company Price
03/31/16		 Mo
% Chg		 YTD
% Chg		 15 Mos
% Chg
The PBR1000 68,835.23 +6.59 +1.80 -3.43
DJIA 17,685.09 +7.08 +1.49 -0.77%
NASDAQ 4,869.86 +6.84 -2.75 +2.83
S&P500 2,059.74 +6.60 +0.77 +0.04
Gold 1,235.60 -0.74 +16.54 +4.28
Silver 15.46 +3.48 +12.03 -0.90
Oil 38.34 +13.57 +3.51 -28.03

 

Have questions on The PBR1000 or The PBR US Indices Monthly Snapshot? 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 $14 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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

(Photo made available by ddpavumba, FreeDigitalPhotos.net)

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

The PBR1000 February 2016 Stocks/Commodities Snapshots

March 12, 2016 by

February 2016: Which Direction Are The Markets Heading?

Increase Decrease Chart-hywards ID-100395866

Stock Market and Commodities Prices…
Which Direction Will They Go
Short Term and Long Term?

 

By Larry C. Paxton

Throughout February 2016 the stock markets bounced up and down almost in synch with the price of oil. Annual corporate earnings reports continued to be mixed, also affected by oil industry companies. The markets also seemed to fluctuate on conjecture and mixed messages from Federal Reserve governors on how many and when interest rates will climb again.

In terms of volatility, out of the 20 trading days in February 2016, 11 of them were positive, 2 were less than -2%, compared to 5 in January, for the NASDAQ. 

Both bulls and bears continue to make their case for the future, but the feeling is that there is really no overwhelming and convincing evidence one way or the other. However, I am sure there will be in hindsight down the road.

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

In the following tables the stock price is for the close of trading on February 29th, Month % Chg is compared to December 31st, YTD % Chg is compared to January 30, 2015, and the 14 Mos % Chg is compared to December 31, 2014.

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

Table 1 Summary: The range was +75.74% to -70.43%. 619 out of 1,030 stock prices were up 0.00% or more, or 60.10% of the companies tracked. The median was a gain of 1.65%.

Company PBR
Rank		 Symbol Price
02/29/16		 Mo
% Chg		 YTD
% Chg		 14 Mos
% Chg
Groupon
 640 GRPN 4.78 +75.74 +55.70 -42.13
Titan International
 887 TWI 5.07 +69.00 +28.68 -52.30
Freeport McMoRan
 126 FCX 7.63 +65.87 +12.70 -67.34
Modine Manufacturing 962 MOD 9.48 +47.66 +4.75 -30.29
NII Holdings
 588 NIHD 5.31 +45.48 +5.15 n/a

 

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

Table 2 Summary: The range was +212.50% to -83.97%. 383 out of 1,030 stock prices were up 0.00% or more, or 37.18% of the companies tracked. The median was a loss of 3.92%.

Company PBR
Rank		 Symbol Price
02/29/16		 Mo
% Chg		 YTD
% Chg		 14 Mos
% Chg
Walter Energy
 984 WLTGQ 0.04 +12.90 +212.50 -97.46
Groupon
 640 GRPN 4.78 +75.74 +55.70 -42.13
J.C. Penney
 232 JCP 10.20 +40.50 +53.15 +57.41
Newmont Mining
 354 NEM 25.83 +29.41 +43.58 +36.67
Alpha Natural Resources
 536 ANRZQ 0.02 -3.18 +38.18 -99.09

 

Table 3(S13): The PBR1000 Top 5 13 Months Stock Price % Gainers

Table 3 Summary: Range was +117.95% to -99.09%. 340 out of 1,026 stock prices were up 0.00% or more, or 33.14% of the companies tracked. The median was a loss of -12.66%.

Company PBR
Rank		 Symbol Price
02/29/15		 Mo
% Chg		 YTD
% Chg		 14 Mos
% Chg
A-Mark Precious Metals
 410 AMRK 21.73 +28.35 +15.28 +117.95
Netflix
 438 NFLX 93.41 +1.71 -18.33 +91.41
Skechers
 527 SKX 32.92 +16.58 +8.97 +78.72
Amazon.com
 31 AMZN 552.52 -5.87 -18.25 +78.03
Heartland Payment Systems
 401 HPY 93.52 +1.56 -1.37 +73.35

 

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

Table 4 Summary: Range was $536.11 billion to $0.00 billion. The average is $18.56 billion, median is $5.71 billion, out of 1,030 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
02/29/16		 Mo
% Chg		 YTD
% Chg		 14 Mos
% Chg
Apple
 3 AAPL 536.11 -1.21 -8.65 -17.19
Alphabet
 44 GOOGL 480.29 -6.00 -7.97 +34.50
Microsoft
 27 MSFT 402.43 -8.55 -9.19 +5.10
ExxonMobil
 2 XOM 333.10 +2.78 +2.65 -14.92
Berkshire Hathaway
 5 BRK.A 331.57 +6.95 +1.87 -8.30
The PBR1000
   19,119.29 -0.54 -5.74 -7.73

 

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

Company Price
02/29/16		 Mo
% Chg		 YTD
% Chg		 14 Mos
% Chg
The PBR1000 64,933.39 -0.28 -6.05 -7.47
DJIA 16,516.50 +0.30 -5.21 -7.33
NASDAQ 4,557.95 -1.21 -8.98 -3.76
S&P500 1,932.23 -0.41 -5.47 -6.15
Gold 1,244.80 +11.30 +17.41 +5.06
Silver 14.94 +4.77 +8.26 -4.23
Oil 33.76 +0.06 -8.86 -36.62

 

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The PBR1000 February 2016 Breaking News Recap

March 5, 2016 by

February 2016: Have You Checked Your Oil Levels Recently?

Check Oil-rukawajung ID-100355920

Hopefully Your Car Oil Levels
Are More Predictable
Than The Price Of Oil!

 

By Larry C. Paxton

In the office we try to summarize what were the big influences on news for that day. In February just about every day the top news event related to what was happening with oil. Were oil prices up or down? How were the major players adapting? Were they selling off or acquiring assets? Were they laying off people? What changes were they making for capital expenditures? On the world stage people were following OPEC decisions intently. Oil was the dominant theme by far in February, as it has been for some time now.

The other big influences were the earnings reports for 2015 which continued to flood in during February. Bottomline, the results were very mixed, not much to get excited about.

Jobs and wages had their few days of interest as well, once again not a big encouragement.

Perhaps the biggest entertainment value was watching the presidential debates, which continue to be mostly a lot of talk and not much substance, with a lot of focus on one candidate, Donald Trump, a capitalist icon for many, a member of the “One Percent Club” who seems to be having great appeal to a wide range of people who feel disenfranchised by the political system.

There were certainly other influences, like global growth concerns, shareholder activism, and mixed economic data. We will address these further in future blog posts.

Following are The PBR1000 and economic related news items of note for February 2016, starting with the last active day.

Monday, February 29:

The PBR1000 February US Stock Exchanges Snapshot:
DJIA ends February at 16,516.50, -0.74% from last Friday, +0.30% MTD, -5.21% QTD/YTD, -9.81% from record 18,312.39 on 05/19/15.
NASDAQ ends February at 4,557.95, -0.71% from last Friday, -1.21% MTD, -8.98% QTD/YTD, -12.66% from record 5,218.86 on 07/20/15.
SPX ends February at 1,932.23, -0.81% from last Friday, -0.41% MTD, -5.47% QTD/YTD, -9.32% from record 2,130.82 on 05/21/15.

Berkshire Hathaway(PBR4)‘s Warren Buffett’s 2015 letter reflects his optimism about US business. $BRKA PR link.

Proctor & Gamble(PBR33) completes transfer of Duracell batteries unit to Berkshire Hathaway(PBR4 $BRKA), buys 52 million P&G shares from BH for $1.8 billion. $PG PR link.

MetLife(PBR39) 4,000 advisors Retail Advisor Force unit being acquired by MassMutual, to close by mid 2016, terms not disclosed. $MET PR link.

Sysco(PBR61) to reduce workforce by 2%, 1,200 people, within the next 15 months, part of 3 year plan. $SYY PR link.

American Express(PBR83) to sell its Costco(PBR18 $COST) US cobranded card portfolio to CitiGroup(PBR28 $C) for $1 billion. $AXP PR link.

Sprint(PBR86) to do joint venture with Europe’s Dixons Carphone wireless retailer, to open 500 Sprint stores in the U.S. $S PR link.

Icahn Enterprises(PBR147 $IEP) owns 82% of Federal-Mogul common shares, proposes $7.00/share buyout of remaining shares. $FDML PR link.

Computer Sciences(PBR237) completes acquisition of Australia based 3,000 employee IT services company UXC(ASX: UXC) for $308 million. $CSC PR link.

CONSOL Energy(PBR598) to sell SW Virginia Buchanan Mine and other assets to Coronado IV for $420 million. $CNX PR link.

DENTSPLY(PBR694) completes $14.5 billion acquisition of Sirona Dental(NASDAQ: SIRO), now DENTSPLY Sirona, now world’s largest manufacturer of professional dental products. $XRAY PR link.

GoPro(PBR1010) acquires mobile editing apps Splice & Replay, terms not disclosed. $GPRO PR link.

Target(PBR40) hires Arthur Valdez as EVP-Chief Supply Chain & Logistics Officer, reports to EVP/COO John Mulligan. $TGT PR link.

Lockheed Martin(PBR64) promotes John Rood to SVP-International, succeeds retiring Pat Dewar. $LMT PR link.

Lockheed Martin(PBR64) promotes John Mollard to VP & Treasurer, effective 04/04/16, succeeds Ken Possenriede who will be VP Finance/Business Operations at Aeronautics unit. $LMT PR link.

Carlisle Cos(PBR650) appoints Amelia Murillo as VP-Human Resources. $CSL PR link.

Cinemark(PBR739) president/COO Robert Copple has resigned. $CNK PR link.

Lumber Liquidators(PBR1061) hires Dennis Knowles as COO. $LL PR link.

Housing: FreddieMac(PBR42) releases February Insight & Outlook. $FMCC PR link.

Friday, February 26:

The PBR1000 End of Week US Stock Exchanges Snapshot:
DJIA ends week at 16,639.77, +1.51% from last week, +1.05% MTD, -4.51% QTD/YTD, -9.13% from record 18,312.39 on 05/19/15.
NASDAQ ends week at 4,590.47, +1.91% from last week, -0.51 MTD, -8.33% QTD/YTD, -12.04% from record 5,218.86 on 07/20/15.
SPX ends week at 1,948.05, +1.58% from last week, +0.40% MTD, -4.69% QTD/YTD, -8.58% from record 2,130.82 on 05/21/15.

Apple(PBR5 $AAPL) fires back in court that FBI seeks ‘dangerous power.’ MarketWatch article link.

Caterpillar(PBR54) to end production of on-highway vocational trucks, to impact about 70 positions. $CAT PR link.

Honeywell(PBR74) reveals offer for United Technologies(PBR45 $UTX), $108/share, $39 billion cash/stock. $HON PR link.

United Technologies(PBR45) says Honeywell(PBR74 $HON) $108/share, $39 billion cash/stock offer has regulatory challenges, customer concerns, and is grossly undervalued. $UTX PR link.

Macy’s(PBR97) increases share repurchase program by $1.5 billion, new balance around $2 billion. $M PR link.

JCPenney(PBR234 $JCP) goes private (label) in fight to continue turnaround. MarketWatch article link.

Liberty Media(PBR534) settles litigation with Vivendi for $775 million, has $1.3 billion balance for share repurchase program. $LMCA PR link.

Groupon(PBR652) sells one billionth Groupon, first Groupon was sold in October 2008. $GRPN PR link.

Olin Corp(PBR838) president/COO John Fischer to become CEO on 05/01/16, succeeds retiring Joe Rupp. $OLN PR link.

Revlon(PBR900) president/CEO Lorenzo Delpani to step down effective 03/01/16, will remain on board; Gianni Pieraccioni appointed as new COO. $REV PR link.

The US Dept of Commerce says January Personal Income Annual Rate at $15.691 trillion, +0.5% from December, Personal Savings Rate at 5.2%. USDOC PR link.

The US Dept of Commerce restates 4th Quarter GDP Annual Rate from 0.7% to 1.0%, $18.148 trillion, 2015 GDP was 2.4%. USDOC PR link.

Energy: Energy companies’ latest move as oil prices slump? Sell, sell, sell. MarketWatch article link.

Consumer Credit: This is how many Americans have ‘great’ credit. MarketWatch article link.

Thursday, February 25:

McKesson(PBR6) making 2 acquisitions, Vantage Oncology & Biologics, for a total of $1.2 billion. $MCK PR link.

Best Buy(PBR73) authorizes new $1 billion share buyback program over 2 years. $BBY PR link.

Halliburton(PBR90 $HAL) to cut 5,000 jobs, 8% of workforce, had announced 22,000 job cuts previously. MarketWatch article link.

Kohl’s(PBR149) plans $600 million share buyback program with $50/share average. $KSS PR link.

Gap Inc(PBR179) authorizes $1 billion share buyback program, supersedes previous program. $GPS PR link.

Estee Lauder(PBR255) has acquired Paris-based global luxury fragrances provider By Kilian, terms not disclosed. $EL PR link.

Packaging Corp(PBR425) authorizes additional $200 million for share repurchase program. $PKG PR link.

Dynegy(PBR777) & Energy Capital Partners form joint venture to acquire ENGIE’s US fossil portfolio for $3.3 billion. $DYN PR link.

Equifax(PBR795) completes $1.9 billion acquisition of Australia based credit information company Veda Group. $EFX PR link.

Restoration Hardware(PBR915)’s new membership program gives analysts pause. $RH PR link.

Republic Airways(PBR1015) files for Chapter 11 bankruptcy, appoints Lars Arnell as SVP/Chief Restructuring Officer. $RJET PR link.

Core-Mark(PBR271) SVP/CFO Stacy Lorentz-Congdon retiring at end of 2016, VP/Chief Accounting Officer Christopher Miller to be CFO on 05/01/16. $CORE PR link.

Ralph Lauren(PBR349) President-Global Brands Chris Peterson to leave on 05/31/16, position to be eliminated. $RL PR link.

Avery Dennison(PBR396) president/COO Mitchell Butier to be president/CEO on 05/01/16. CEO Dean Scarborough to become executive chairman. $AVY PR link.

Urban Outfitters(PBR638) promotes David McCreight to president. $URBN PR link.

Sprouts Farmers Market(PBR688) hires Brad Lukow as CFO, effective 03/04/16. $SFM PR link.

The US Dept of Labor says US 02/20/16 Initial Unemployment Claims at 272,000, +10,000 from previous week, total at 2,253,000. USDOL PR link.

FreddieMac(PBR42) says US Average 30 Year Fixed Mortgage Rate at 3.62% with 0.6 points/fees. $FMCC PR link.

Wednesday, February 24:

Caterpillar(PBR54) VP Electric Power Division Steve Niehaus is retiring, division to be consolidated with Marine & Petroleum Power divisions. $CAT PR link.

TJX Cos(PBR96) adds $1.5-2.0 billion to share buyback pgm, current balance is $1.5 billion, expires 01/28/17. $TJX PR link.

Southern Co(PBR155) to acquire electric utilities technologies provider PowerSecure Intl(NYSE: POWR) for $18.75/share, $431 million cash, to close 2Q2016. $SO PR link.

BB&T(PBR277) to acquire $200 million revenues/year commercial wholesale insurance provider Swett & Crawford, terms not disclosed. $BBT PR link.

Marathon Petroleum(PBR23) chairman Thomas Usher to retire 04/27/16, president/CEO Gary Heminger to then add chairman title. $MPC PR link.

Boeing(PBR27) promotes Leanne Caret to president/CEO-Defense, Space, & Security, succeeds retiring Chris Chadwick. $BA PR link.

Level 3 Communications(PBR375) CEO Jeff Storey to take 2 month temporary medical leave for heart surgery, CFO Sunit Patel to also be Interim CEO. $LVLT PR link.

The US Dept of Housing & Urban Development says January New Single-Family Sales Annual Rate was at 494,000 units, -9.2% from December, -5.2% from January 2015. HUD PR link.

Taxes: 45% of Americans pay no federal income tax. MarketWatch article link.

Robotics: IDC Forecasts Worldwide Spending on Robotics to Reach $135 Billion in 2019. IDC PR link.

Opinion-US Economy: Markit’s PMI shows significant risk of US economy falling into contraction. Full analysis: Markit article link.

Tuesday, February 23:

Viacom(PBR212) to explore strategic investment partnership for Paramount Pictures. $VIA PR link.

Airgas(PBR461) stockholders approve acquisition by France based Air Liquide(Euronext Paris: AI) for $143/share, $13.4 billion cash, expected to close 2Q or 3Q2016. $ARG PR link.

Activision Blizzard(540) completes acquisition of London based gaming developer King Digital Entertainment(NYSE: KING) for $18.00/share, $5.9 billion, creating largest game network in the world with over 500 million users. $ATVI PR link.

Lexmark(PBR601) to eliminate 550 of 14,000 positions worldwide over next 12 months. $LXK PR link.

Cooper Tire & Rubber(PBR618) authorizes new $200 million share repurchase program through 12/31/17. $CTB PR link.

Monster Beverage(PBR785) to acquire American Fruits & Flavors for $690 million, to close 1Q2016. $MNST PR link.

Eastman Chemical(PBR288) retirements for COO Ron Lindsey, SVP Integrated Supply Chain Godefroy Motte; 5 promotions announced. $EMN PR link.

Discovery Communications(PBR399) CFO Andrew Warren to leave company at end of 2016. $DISCA PR link.

Toll Brothers(PBR577) Vice Chairman/Co-Founder Bruce Toll to retire on 03/08/16. $TOL PR link.

Cooper Tire & Rubber(PBR618) Chairman/CEO Roy Armes to retire on 08/31/16, COO Bradley Hughes to then become President/CEO. $CTB PR link.

The National Assn of Realtors says January Existing Home Sales was at a 5.47 million annual rate, median price $213,800. NAR PR link.

S&P/Case-Shiller December US National Home Prices Index was +0.1% from November, +5.4% from December 2014. C-S PR link.

Housing: What the shrinking amount of mortgage debt tells us about the housing market. MarketWatch article link.

Fashion: Wearable device sales soar, led by Fitbit MarketWatch article link.

Monday, February 22:

Verizon(PBR15) to acquire fiber-optic network business of XO Communications for about $1.8 billion, expected to close 1H2017. $VZ PR link.

United Technologies(PBR45) confirms it has been in talks with Honeywell(PBR74 $HON), has concerns about regulatory obstacles, customer concerns, & valuations issues. $UTX PR link.

Sysco(PBR61) to acquire European food services distributor Brakes Group for $3.1 billion, includes $2.3 billion of debt. $SYY PR link.

Bristol-Myers Squibb(PBR185) completes sale of its HIV R&D portfolio to ViiV Healthcare for $350 million up front with $2.5 billion in future incentives. $BMY PR link.

Fortune Brands(PBR469) authorizes $400 million share repurchase program over next 2 years. $FBHS PR link.

Lumber Liquidators(PBR1061 $LL) wood flooring cancer risk greater than previously reported because of inaccurate calculation by CDC. MarketWatch PR link.

Kroger(PBR20) Smith’s division president Jay Cummins to retire on 04/29/16 after 44 years with company. $KR PR link.

Blackhawk Network(PBR998) president Talbott Roche now also CEO, succeeds William Tauscher who remains chairman. $HAWK PR link.

Markit February Flash U.S. Manufacturing PMI of 51.0 flashes warning sign. MarketWatch PR link.

Friday, February 19:

The PBR1000 End of Week US Stock Exchanges Snapshot:
DJIA ends week at 16,391.99, +2.62% from last week, -0.45% MTD, -5.93% QTD/YTD, -10.49% from record 18,312.39 on 05/19/15.
NASDAQ ends week at 4,504.43, +3.85% from last week, -2.37 MTD, -10.04% QTD/YTD, -13.69% from record 5,218.86 on 07/20/15.
SPX ends week at 1,917.78, +2.84% from last week, -1.16% MTD, -6.17% QTD/YTD, -10.00% from record 2,130.82 on 05/21/15.

Apple(PBR5 $AAPL) vs. the FBI: A complete guide regarding the phone encryption controversy. MarketWatch PR link.

Citigroup(PBR28) to sell consumer businesses in Brazil, Argentina, and Columbia. $C PR link.

Coca-Cola(PBR63) signs letter of intent to grant additional bottling territory to Swire Coca-Cola USA. $KO PR link.

AutoNation(PBR148) has $250 million available for share repurchase program. $AN PR link.

Yahoo!(PBR519) forms independent committee to explore strategic alternatives. $YHOO PR link.

Perrigo(PBR565) to relocate global investor relations, global treasury functions from US to Ireland headquarters. $PRGO PR link.

Intl Flavors & Fragrances(PBR666) promotes Dionisio Ferenc as VP, Global Fine Fragrances. $IFF PR link.

Mueller Industries(PBR812) to acquire 60% interest in S Korea based global copper-based pipe joining manufacturer Jungwoo Metal, terms not disclosed. $MLI PR link.

Booz Allen Hamilton(PBR466) CFO Kevin Cook to retire, EVP Lloyd Howell, Jr to be CFO on 07/01/16. $BAH PR link.

SeaWorld(PBR1013) promotes John Reilly to Chief Parks Operations Officer & Dr. Chris Dold to Chief Zoological Officer, effective 04/01/16; forms Resort Development Group. $SEAS PR link.

The US Dept of Labor says the January Current Average Earnings/Hour was $25.39, +0.47% from December, +2.5% from January 2015. USDOL PR link.

The US Dept of Labor says the January Consumer Price Index was unchanged from December, +1.4% over the past 12 months, seasonally unadjusted. USDOL PR link.

Thursday, February 18:

IBM(PBR25) Watson Health unit to acquire Truven Health Analytics for $2.6 billion. strong>$IBM PR link.

Qualcomm(PBR106) & Lenova sign 3G/4G China patent license agreement. $QCOM PR link.

DISH Network(PBR196) ends 2015 with 13.897 million Pay-TV subscribers, ended 2014 with 13.978 million. $DISH PR link.

Alliance Data(PBR462) adds $500 million for new $1 billion balance available for 2016 share buyback program. $ADS PR link.

Arthur J Gallagher(PBR515) acquires Santa Monica, CA, based retail insurance broker White & Co Insurance, terms not disclosed. $AJG PR link.

Cabela’s(PBR606) EVP/COO Michael Copeland to transition to strategic advisory role over next month. $CAB PR link.

Wednesday, February 17:

Ingram Micro(PBR62) to be acquired by & become subsidiary of China based Tianjin Tianhai for $38.90/share, $6.0 billion cash, to close 2H2016. $IM PR link.

T-Mobile US(PBR95) reports 2.1 million net new adds to its wireless network in 4Q15, 8.3 million total in 2015. $TMUS PR link.

Capital One(PBR116) authorizes additional $300 billion for $3.125 billion share buyback program authorized in 2015. $COF PR link.

Devon Energy(PBR143) to offer 69,000,000 common shares at $18.75/share, proceeds to be used for a variety of financial purposes. $DVN PR link.

Targa Resources(PBR308) completes all equity acquisition of Targa Resources Partners. $TRGP PR link.

DSW(PBR778) to acquire e-commerce off-price footwear & accessories retailer eBuys for $62.5 million plus future performance payments. $DSW PR link.

Kroger(PBR20) SVP Retail Operations & Strategic Initiatives Marnette Perry retiring after 44 years with company, effective 04/29/16. $KR PR link.

Caterpillar(PBR54) announces new responsibilities for VPs Doug Hoerr, Greg Folley, & Tana Utley, effective 03/01/16. $CAT PR link.

Level 3 Communications(PBR375) makes EVP/Chief Admin Officer Laurinda Pang Regional President of N. America & Asia Pacific. $LVLT PR link.

The US Dept of Labor says the January Producer Price Index for Final Demand was +0.1%, was -0.2% in Dec, -0.2% from January 2015. USDOL PR link.

The US Dept of Commerce says the January Private Housing Units Building Permits Issued annual rate was at 1,202,000, -0.2% from December, +13.5% from January 2015. USDOC PR link.

The US Federal Reserve says January Total Industrial Production Capacity at 77.1%, December was 76.4%, January 2015 was 79.1% FRB PR link.

The US Federal Reserve releases January FOMC Statement, reviews economic situation, maintains 0.25-0.50% funds rate. FRB PR link.

Tuesday, February 16:

United Continental(PBR77) & PAFCA reach tentative agreement for its 420 dispatchers. $UAL PR link.

Upon merger completion Staples(PBR122) & Office Depot(PBR182 $ODP) to sell $550+ million revs/yr from Fortune 500 clients to Essendant(PBR458 $ESND) for $22.5 million. $SPLS PR link.

Stryker Corp(PBR283) to acquire defibrillators provider Physio-Control Intl from Bain Capital for $1.28 billion cash. $SYK PR link.

Graphic Packaging(PBR553) completes acquisition of 2 location folding carton manufacturer Walter G Anderson, terms not disclosed. $GPK PR link.

ADT(PBR627) to be acquired by affiliate of Apollo Global Mgmt(PBR906 $APO) for $42.00/share, a 56% premium on 02/12/16 closing price. $ADT PR link.

Devon Energy(PBR143) restructures senior leadership, EVP E&P Tony Vaughn promoted to COO; EVP-HR, EVP-Marketing to retire. $DVN PR link.

Steel Dynamics(PBR306) co-founder/EVP Steelmaking & president/COO Steel Operations Richard Teets, Jr. retiring, 3 SVP promotions announced. $STLD PR link.

Caesars Entertainment(PBR314) hires Les Ottolenghi as EVP-Chief Information Officer, reports to president/CEO. $CZR PR link.

Fiserv(PBR474) hires Robert Hau as CFO, effective 03/14/16. $FISV PR link.

hhgregg(PBR864) CFO Robert Riesbeck now also interim president/CEO, Dennis May has left. $HGG PR link.

Monday, February 15:

***U.S. Presidents’ Day***
***U.S. Stock Markets Closed.***

Freeport-McMoRan(PBR128) sells 13% interest in Morenci Mine to Sumitoma Metal Mining for $1.0 billion cash. $FCX PR link.

JCPenney(PBR234) Chief Merchant John Tighe to oversee product development and design within merchandising organization; Supply Chain SVP Mike Robbins assumes added responsibility for global sourcing. $JCP PR link.

Crown Holdings(PBR298) promotes Robert Bourque, Jr to President-Asia Pacific Division, effective 05/01/16, succeeds retiring Jozef Salaerts, reports to president/CEO. $CCK PR link.

Celanese(PBR369) promotes SVP-HR Lori Johnston to EVP-Chief Administrative Officer. $CE PR link.

PulteGroup(PBR428) promotes Ryan Marshall to president, Harmon Smith to COO. $PHM PR link.

Friday, February 12:
The PBR1000 End of Week US Stock Exchanges Snapshot:
DJIA ends week at 15,973.84, -1.43% from last week, -2.99% MTD, -8.33% QTD/YTD, -12.77% from record 18,312.39 on 05/19/15.
NASDAQ ends week at 4,337.51, -0.59% from last week, -5.99 MTD, -13.38% QTD/YTD, -16.89% from record 5,218.86 on 07/20/15.
SPX ends week at 1,864.78, -0.81% from last week, -3.89% MTD, -8.77% QTD/YTD, -12.49% from record 2,130.82 on 05/21/15.

Lear Corp(PBR165) increases share buyback program to $1 billion, expires 12/31/17. $LEA PR link.

L Brands(PBR247 $LB) Victoria’s Secret CEO Sharen Turney resigns. MarketWatch article link.

NASDAQ(PBR618) to acquire 8,500 clients global news distributor & analytics provider MarketWired, terms not disclosed. $NDAQ PR link.

The US Dept of Labor says January Year to Year Import Price Index was -6.2%, lead by fuel at -34.5%, Exports at -5.7%, USDOL PR link.

The US Dept of Commerce says December Manufacturing/Trade Sales were $1.3 trillion, -0.6% from November, -2.7% from December 2014. USDOC PR link.

The US Dept of Commerce says January Retail/Food Services Sales were $449.9 billion, +0.2% from December, +3.4% from January 2014. USDOC PR link.

Thursday, February 11:

AIG(PBR46) adds $5.0 billion to share repurchase program, balance is $5.8 billion. $AIG PR link.

Brunswick(PBR584) increases share repurchase program by $300 billion, balance is $360 billion. $BC PR link.

JetBlue(PBR429) promotes John Culp to VP-Inflight Experience & Rachel McCarthy to VP-Talent. $JBLU PR link.

Hyatt Hotels(PBR537) hires Patrick Grismer as CFO, effective 03/14/16. $H PR link.

Brunswick(PBR584) president/COO Mark Schwabero elected as chairman/CEO, succeeds retiring Dustan McCoy. Brenna Preisser promoted to VP-Chief Human Resources Officer, succeeds retiring Russell Lockridge. $BC PR link.

W.R. Grace(PBR625) hires Thomas Blaser to be SVP-Finance/CFO. $GRA PR link.

Wednesday, February 10:

Amazon(PBR29) replaces current $2 billion share repurchase program with a $5 billion one, no termination date. $AMZN PR link.

Caterpillar(PBR54) names Rimco, its dealer for Puerto Rico & Eastern Caribbean, as its Cuba dealer. $CAT PR link.

Cisco(PBR60) adds $15 billion to share repurchase program, balance is $16.9 billion, no termination date set. $CSCO PR link.

Pilgrim’s Pride(PBR310) increases share buyback program from $150 million to $300 million over next 12 months. $PPC PR link.

Mylan(PBR346) to acquire Sweden based 4,500 employee global pharmaceuticals provider Meda for $9.9 billion, includes debt. $MYL PR link.

Carlyle Group(PBR581) announces $200 million share repurchase program. $CG PR link.

IGT(PBR878) North American subsidiary gets multi-year licensing deal for Life is Good lottery products. $IGT PR link.

UPS(PBR47) CEO David Abney elected to also be chairman. $UPS PR link.

The US Dept of Treasury says January Federal Government Receipts were $313.6 billion, Outlays $258.4 billion, Surplus $55.2 billion, Fiscal YTD Deficit is $160.4 billion. Treasury PR link.

The Natl Retail Federation forecasts 2016 Retail Sales to grow by 3.1%, non-store sales to grow 6-9%. NRF PR link.

Tuesday, February 9:

Amazon(PBR29) Web Services announces Amazon Lumberyard, a free cross-platform, 3D game engine integrated with AWS & Twitch. $AMZN PR link.

Cummins(PBR146) to do $500 million, 4 million shares, accelerated share repurchase deal with Goldman Sachs(PBR76 $GS). $CMI PR link.

Viacom(PBR212) and Snapchat enter into global content production and ad sales deal. $VIA PR link.

Cabela’s(PBR606) promotes EVP/Chief Commercial Officer Scott Williams to president. $CAB PR link.

The US Dept of Labor says December Job Openings at 5.6 million, Hires at 5.4 million, Separations at 5.1 millions. USDOL PR link.

The US Dept of Commerce says December US Wholesale Sales were $440.0 billion, -0.3% from November, -4.5% from December 2014. USDOC PR link.

Monday, February 8:

Pfizer(PBR56) names executive leadership team for combined organization upon close of proposed Allergan(PBR219 $AGN) transaction, expected in 2nd half of 2016. $PFE PR link.

Apollo Education(PBR681) to be taken private in $9.50/share, $1.1 billion cash transaction. $APOL PR link.

Sunday, February 7:

Super Bowl 50: The Denver Broncos win 24-10 against the Carolina Panthers in a defense dominated championship game.

Friday, February 5:
The PBR1000 End of Week US Stock Exchanges Snapshot:
DJIA ends week at 16,204.97, -1.59% from last week/MTD, -7.00% QTD/YTD. Record: 18,312.39 on 05/19/15.
NASDAQ ends week at 4,363.14, -5.44% from last week/MTD, -12.87% QTD/YTD. Record: 5,218.86 on 07/20/15.
SPX ends week at 1,880.05, -3.10% from last week/MTD, -8.02% QTD/YTD. Record: 2,130.82 on 05/21/15.

Calpine Corp(PBR330) completes $500 million acquisition of 745 megawatt power plan New Hampshire based Granite Ridge Energy Center. $CPN PR link.

Mattress Firm(PBR932) completes $780 million acquisition of 1,050 stores Sleepy’s, now has nearly 3,500 locations. $MFRM PR link.

The US Dept of Labor says US Number of Employed at 150.5 million, unemployed at 7.8 million, unemployment rate at 4.9%. USDOL PR link.

The US Federal Reserve says December US Total Consumer Credit at $3.547 trillion, +0.60% from November, +6.92% from December 2014. FRB PR link.

The US Dept of Commerce says 2015 US Total Exports were $2.230 trillion, Imports $2.762 trillion, Deficit $0.532 trillion. USDOC PR link.

Thursday, February 4:

Duke Energy(PBR114) considering sale of all or a portion of its International Energy business. $DUK PR link.

Icahn Enterprises(PBR147) completes $18.50/share, $1.03 billion acquisition of Pep Boys(PBR872). $IEP PR link.

Viacom(PBR212) names Sumner Redstone as chairman emeritus, president/CEO Phillipe Dauman elected executive chairman. $VIA PR link.

Genworth Financial(PBR287) to restructure, to separate longterm care business, suspend sales of traditional life & fixed annuity products. $GNW PR link.

Symantec(PBR384) gets $500 million from Silver Lake Partners, total capital return program increased to $5.5 billion. $SYMC PR link.

Group 1 Automotive(PBR276) acquires UK 12 dealerships Spire Automotive Group with $575 million annual revenues; divests 3 US dealerships with $160 million revenues/year; promotes Frank Grese, Jr, to SVP-Human Resources, Daryl Kenningham to Regional VP-West, David Fesmire Regional VP-East. $GPI PR link.

Bemis(PBR545) increases repurchase program by 20 million shares, balance is now 22.8 million shares. $BMS PR link.

TD Ameritrade(PBR662) acquires big data firm FA Insights, terms not disclosed. $AMTD PR link.

W.R. Grace(PBR625) promotes SVP/CFO Hudson La Force to president/COO. $GRA PR link.

Kennametal(PBR706) hires Ronald DeFeo as president/CEO, effective immediately, Donald Nolan has left. $KMT PR link.

The US Dept of Labor says the 2015 Average Annual Labor Productivity was +0.6% from 2014. USDOL PR link.

The US Dept of Commerce says the December US Shipments at $467.0 billion, -1.4% from November, 8th down month in last 9 months. USDOC PR link.

Wednesday, February 3:

Wells Fargo(PBR30 $WFC) reaches $1.2 billion settlement with the US Dept of Justice regarding 2001-2010 FHA loan issues. SEC filing link.

Home Depot(PBR32) hiring more than 80,000 for Spring. $HD PR link.

Comcast(PBR42) authorizes $10 billion share repurchase program, $5 billion to be spent in 2016. $CMCSA PR link.

Lowe’s(PBR50) to acquire Canadian home improvement retailer/distributor RONA for $2.3 billion cash. $LOW PR link.

Cisco(PBR60) to acquire private IoT services platform provider Jasper Technologies for $1.4 billion cash. $CSCO PR link.

W.R. Grace(PBR625) completes separation of GCP Applied Technologies(NYSE: GCP) into a separate public company. $GRA PR link.

Autodesk(PBR773) to restructure, reduce staff by 10%(925 positions), transition to cloud, focus on subscription business. $ADSK PR link.

GoPro(PBR1010) ships 6.6 million cameras in 2015, +27% from 2014, promotes Brian McGee to CFO, succeeds retirng Jack Lazar, effective 03/11/16. $GPRO PR link.

Delta Air Lines(PBR72) CEO Richard Anderson to become executive chairman on 05/02/16, president Ed Bastian to be CEO, Gil West is now SEVP/COO. $DAL PR link.

Manpower(PBR132) hires Jack McGinnis as CFO, Michael Van Handel to be Sr EVP, effective 02/15/16. $MAN PR link.

SuperValu(PBR164) hires Mark Gross as president/CEO, succeeds retiring Sam Duncan. $SVU PR link.

CBS(PBR210) president/CEO Leslie Moonves adds chairman title with resignation of Sumner Redstone who is now chairman emeritus. $CBS PR link.

Greenbrier Cos(PBR846) promotes CFO Mark Rittenbaum to EVP-Commercial, Leasing & Finance, Lorie Tekorius promoted to SVP-CFO & Treasurer. $GBX PR link.

ADP says the January Change in Non-Farm Private Sector Employment was +205,000 jobs, 192,000 were from services sector. $ADP PR link.

Institute for Supply Management says the January Non-Manufacturing Index was at 53.5%, down from 55.8% in December. $ISM PR link.

Tuesday, February 2:

Alphabet(PBR44 $GOOG) officially surpasses Apple(PBR5 $AAPL) as world’s most valuable company. MarketWatch PR link.

3M(PBR92) authorizes $10 billion share repurchase program with no completion date. $MMM PR link.

Staples(PBR122) and Office Depot(PBR182 $ODP) extend completion of merger from 02/04/16 to 05/16/16 for completion of FTC litigation. $SPLS PR link.

Lithia Motors(PBR451) acquires $65 million/year Toyota/Scion of Milford, MA. $LAD PR link.

Yahoo!(PBR519) announces 4 point strategic plan, includes 15% reduction in workforce. $YHOO PR link.

Chipotle(PBR561) opened 229 restaurants in 2015, has 2,010 stores, plans to add 220-235 in 2016. $CMG PR link.

Salesforce(PBR453) vice chairman/president Keith Block adds COO to responsibilities. $CRM PR link.

Hub Group(PBR611) hires Geoff DeMartino as VP Corporate Development. $HUBG PR link.

KB Home(PBR802) hires Jill Peters as SVP-Investor Relations. $KBH PR link.

Viavi Solutions(PBR944) hires Oleg Khaykin as president/CEO. $VIAV PR link.

Allscripts Healthcare(PBR1014) hires Melinda Whittington to be CFO. $MDRX PR link.

Mergers/Acquisitions: US retail, consumer M&A rose in value, declined in volume in 2015. MarketWatch article link.

Auto Industry: January US New Auto Sales at 1.148 million vehicles, -0.4% from January 2015, annual rate 17.55 million. Auto News article link.

Auto Industry: January US New Auto Sales Revenues at $38.052B, +1.4% from January 2015, avg trans price $33,155. TrueCar article link.

Monday, February 1:
Click here for The PBR1000 January 2016 Monthly Breaking News Recap.

Amazon(PBR29) inks production deal with Mattel(PBR412 $MAT) to greenlight American Girl specials for prime video. $AMZN PR link.

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

Dominion Resources(PBR229) to combine with natural gas supplier Questar(NYSE: STR) for $25/share, $4.4 billion, includes debt assumption. $D PR link.

Stryker Corp(PBR283) to acquire medical disposable products provider Sage Products from Madison Dearborn Partners for $2.775 billion cash. $SYK PR link.

Ashland(PBR407) completes acquisition of 89 Oil Can Henry’s quick lube stores. $ASH PR link.

Chipotle(PBR561 $CMG) gets final report from Center for Disease Control regarding e. coli outbreaks, appears over. CDC PR link.

NASDAQ(PBR618) completes acquisition of alternate trading platform Chi-X Canada, terms not disclosed. $NDAQ PR link.

TreeHouse Foods(PBR690) completes $2.7 billion acquisition of ConAgra(PBR166 $CAG) Private Brands. $THS PR link.

Walter Energy(PBR1006) to sell remaining US assets to Seminole Coal Resources to satisfy bankruptcy restructuring program. $WLTGQ PR link.

TJX Cos(PBR96) president Ernie Herman now also CEO, chairman/CEO Carol Meyrowitz now executive chairman. $TJX PR link.

Macy’s(PBR97) names Peter Sachse as Chief Growth Officer, hires Justin MacFarlane as Chief Strategy, Analytics & Innovations Officer, both report to president Jeff Gennette. $M PR link.

Medtronic(PBR133) acquires private Italy based hemodialysis treatment solutions provider Bellco, terms not disclosed. $MDT PR link.

Gilead Sciences(PBR107) promotes Katie Watson to EVP-Human Resources. $GILD PR link.

CarMax(PBR202) EVP-HR Bill Nash promoted to president, to become CEO upon retirement of Tom Follard by end of 2016, Cliff Wood promoted to COO. $KMX PR link.

Herbalife(PBR487) hires Dr. John Agwunobi as Chief Health and Nutrition Officer. $HLF PR link.

Patterson Cos(PBR542) hires Kelly Baker as Chief Human Resources Officer. $PDCO PR link.

Cabot Corp(PBR607) president/CEO Patrick Prevost continues to be on medical leave, working part-time from home, expects to return full-time soon. $CBT PR link.

Cooper-Standard(PBR644) promotes Sharon Wenzl to SVP-Corporate Communications/Community Affairs. $CPS PR link.

The US Dept of Commerce says December Disposable Personal Income Annual Rate at $13.654 trillion, +0.3% from November, Personal Savings at 5.5%. USDOC PR link.

The US Dept of Commerce says December US Construction Spending at $1.117 trillion annual rate, +0.1% from November, +8.2% from December 2014. USDOC PR link.

The Manufacturing ISM® Report On Business® January PMI at 48.2, up 0.2 from December. ISM PR link.

Check out the BLOG page for the previous RECAPS and SNAPSHOTS posts.

Click here to follow The PBR1000 on Twitter!

(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 $14 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.)

(Photo courtesy of freedigitalphotos.net, rukawajung.)

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The PBR1000 January 2016 Stocks/Commodities Snapshots

February 22, 2016 by

January 2016: Did Climate Change Bring The Bears Out Of Hibernation Early?

Bear with Money ID-100188038 ddpavumba

Who Invited The Bear?

 

By Larry C. Paxton

The continued downward spiral of oil prices, the mixed corporate financial results from initial reports, and economic indices showing moderate growth at best made January 2016 one for the bears, and they came out hungry and growling, especially for technical stocks on the NASDAQ.

For example, out of the 19 trading days in January 2016, 12 of them were negative, with 5 being over -2% for the NASDAQ. 

The questions now are if the bears really have come out of hibernation, and how long will the bulls stay away?

Current The PBR1000 Subscribers should have already received the MS Excel workbook. If you are not a current Subscriber just click here to get your 13 month subscription and automatically download the January 2016 edition of The PBR1000 Snapshots.

In the following tables the stock price is for the close of trading on January 29th, Month % Chg is compared to December 31st, YTD % Chg is compared to January 30, 2015, and the 13 Mos % Chg is compared to December 31, 2014.

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

Table 1 Summary: The range was +176.79% to -85.00%. 241 out of 1,034 stock prices were up 0.00% or more, or 23.31% of the companies tracked. The median was a loss of 6.09%.

Company PBR
Rank		 Symbol Price
01/29/16		 Mo
% Chg		 YTD
% Chg		 13 Mos
% Chg
Walter Energy
 984 WLTGQ 0.03 +176.79 +176.79 -97.95
Alpha Natural Resources
 536 ANRZQ 0.02 +42.73 +42.73 -99.06
Southwestern Energy
 556 SWN 30.01 +25.04 +25.04 -67.42
Terex Corp 353 TEX 57.12 +21.21 +21.21 -19.66
Range Resources
 714 RRC 18.85 +20.11 +20.11 -44.70

 

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

Table 2 Summary: The range was +176.79% to -85.00%. 241 out of 1,034 stock prices were up 0.00% or more, or 23.31% of the companies tracked. The median was a loss of 6.09%.

Company PBR
Rank		 Symbol Price
01/29/16		 Mo
% Chg		 YTD
% Chg		 13 Mos
% Chg
Walter Energy
 984 WLTGQ 0.03 +176.79 +176.79 -97.95
Alpha Natural Resources
 536 ANRZQ 0.02 +42.73 +42.73 -99.06
Southwestern Energy
 556 SWN 30.01 +25.04 +25.04 -67.42
Terex Corp
 353 TEX 57.12 +21.21 +21.21 -19.66
Range Resources
 714 RRC 18.85 +20.11 +20.11 -44.70

 

Table 3(S13): The PBR1000 Top 5 13 Months Stock Price % Gainers

Table 3 Summary: Range was +89.14% to -99.54%. 304 out of 1,030 stock prices were up 0.00% or more, or 29.51% of the companies tracked. The median was a loss of -13.71%.

Company PBR
Rank		 Symbol Price
01/29/15		 Mo
% Chg		 YTD
% Chg		 13 Mos
% Chg
Amazon.com
 31 AMZN 587.00 -13.15 -13.15 +89.14
Netflix
 438 NFLX 91.84 -19.71 -19.71 +88.20
Activision Blizzard
 527 ATVI 34.82 -10.05 -10.05 +72.80
Heartland Payment Sys
 802 HPY 92.08 -2.89 -2.89 +70.68
A-Mark Precious Metals
 401 AMRK 16.93 -10.19 -10.91 +69.81

 

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

Table 4 Summary: Range was $542.70 billion to $0.00 billion. The average is $18.63 billion, median is $5.46 billion, out of 1,034 companies tracked.

Company PBR
Rank		 Symbol Market Cap($B)
12/31/15		 Mo
% Chg		 YTD
% Chg		 13 Mos
% Chg
Apple
 3 AAPL 542.70 -7.52 -7.52 -16.17
Alphabet
 44 GOOGL 510.95 -2.10 -2.10 +43.08
Microsoft
 27 MSFT 440.05 -0.70 -0.70 +14.93
ExxonMobil
 2 XOM 324.08 -0.13 -0.13 -17.22
Facebook
 226 FB 317.33 +7.21 +7.21 +45.90
The PBR1000
   19,267.33 -5.23 -5.23 -7.18

 

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

Company Price
12/31/15		 Mo
% Chg		 YTD
% Chg		 13 Mos
% Chg
The PBR1000 64,355.38 -5.62 -5.62 -10.38
DJIA 16,466.30 -5.50 -5.50 -7.61
NASDAQ 4,613.95 -7.86 -7.86 -2.58
S&P500 1,940.24 -5.07 -5.07 -5.76
Gold 1,118.40 +5.49 +5.49 -5.61
Silver 14.26 +3.33 +3.33 -8.59
Oil 33.74 -8.91 -8.91 -36.66

 

Have questions on The PBR1000 or The PBR US Indices Monthly Snapshot? 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 $14 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 annual subscription, just click here to go to the PBRMarketTools.com Order page.)

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