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08:40 EDTGMEGameStop reports Q1 comparable store sales down 6.7%
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08:40 EDTU.S. initial jobless claims fell 23k to 340k in the week ended May 18
U.S. initial jobless claims fell 23k to 340k in the week ended May 18 from 363k the week before (revised up from 360k). The 4-week moving average dipped to 339.5k from 340k (revised from 339.25k). Not seasonally adjusted claims fell 19.8k to 301.1k from 320.8k previously (revised from 318.2k). Continuing claims plunged 112k to 2,912k in the week ended May 11 from a revised 3,024k (was 3,009k). There was nothing unusual in the data, according to the BLS. The slightly better than expected claims data could add to market concerns over the start of QE tapering sooner rather than later, but it's still not obvious action will be announced as early as June.
08:39 EDTDDDuPont downgraded to Sell from Hold at BGC Partners
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08:38 EDTTTCToro Company backs FY13 EPS $2.40-$2.45, consensus $2.46
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08:38 EDTCTXSCitrix Systems changes could reaccelerate growth, says Pacific Crest
Pacific Crest believes that additional product integration by Citrix and the launch of its XenDesktop 7 product significantly expands the company's cross-selling opportunity. The firm believes that estimates for the company appear conservative, and it recommends buying the stock.
08:38 EDTGMEGameStop sees FY13 EPS $2.90-$3.15 vs. previous $2.75-$3.15
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08:37 EDTGWAYGreenway Medical granted two U.S: patents for care-coordination technology
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08:36 EDTGMEGameStop sees Q2 EPS 1c-7c, consensus 8c
GameStop expects Q2 comparable store sales to range from down 16.0% to down 12.5%.
08:36 EDTUNMUnum Group's COO Kevin McCarthy to retire in Q1 2014
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08:36 EDTGMEGameStop reports Q1 EPS 46c, consensus 40c
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08:35 EDTTTCToro Company reports Q2 EPS $1.32, consensus $1.19
Reports Q1 revenue $704.5M, consensus $700.35M.
08:35 EDTHLSHealthSouth announces plan to build rehabilitation hospital in Georgia
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08:34 EDTAAPAdvance Auto Parts sees EPS at lower end of $5.30-$5.45 view, consensus $5.54
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08:33 EDTFutures remain lower following jobless claims
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08:33 EDTPACQPrime Acquisition Corp. signs management agreement with bhn
Prime Acquisition and privately held bhn LLC, the U.S. affiliate of financial and strategic advisory boutique bhn S.r.l. in Milan, have entered into a Management Agreement, effective May 22, in connection with the previously announced proposed business combination transaction. The Management Agreement appoints bhn as the manager that will be responsible for managing the assets of Prime, including but not limited to overseeing the day-to-day operations, selecting additional performing assets to be acquired, negotiating acquisitions, selecting local property management companies, and disposing of the assets.
08:33 EDTAAPAdvance Auto Parts reports Q1 EPS $1.65, consensus $1.62
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08:31 EDTMSFTMicrosoft increasing cloud services in Japan, WSJ reports
In Japan, Microsoft is expanding capacity for its Windows Azure cloud computing services for businesses, as it bets on growing corporate IT spending in the country, reports the Wall Street Journal. Reference Link
08:31 EDTJobless Claims data reported
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08:31 EDTJobless Claims 4-week Moving Average data reported
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08:31 EDTJobless Claims data reported
Week of 5/18 Jobless Claims at 340K vs. consensus of 345K
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