Proactiveinvestors recommends
FTSE
Latest price: 6803.87 (0.7141% Ascending)
52-week high: 6803.87
52-week low: 5260.19
FTSE - 1 year chart FTSE - 1 year chart
FTSE - 1 day chart FTSE - 1 day chart
Crude Oil
Latest price: 104.05 (-0.26% Descending)
52-week high: 1798
52-week low: 32.67
Crude Oil - 1 year chart Crude Oil - 1 year chart
Crude Oil - 1 day chart Crude Oil - 1 day chart
Gold
Latest price: 1360.75 (0.44% Ascending)
52-week high: 1791.75
52-week low: 1354.75
Gold - 1 year chart Gold - 1 year chart
Gold - 1 day chart Gold - 1 day chart
S&P - 1 year chart S&P - 1 year chart
S&P - 1 day chart S&P - 1 day chart
Advertisement
ransquawk400x100_4c7d13c28d71e.gif
www.ransquawk.com
Ransquawk

Sick of being the last to know what is moving the market? The team at RANsquawk speaks to analysts, journalists, brokers and traders worldwide, while constantly monitoring 30+ screens of independent feeds for potential market moving information.

Sign up for your free market squawk feed here
Pdf

US EQUITIES OPENING HEADLINES INCLUDING: Applied Materials announces plan to cut 900-1,300 positions

October 04 2012, 1:44pm
column image

US Initial Jobless Claims (Sep 29) W/W 367K vs. 370K (Prev. 359K, Rev. 363K) 

US Continuing Claims (Sep 22) W/W 3281K vs. Exp. 3275K (Prev. 3271K, Rev. 3281K) 

US Challenger Job Cuts (Sep) Y/Y 33.816K vs. Prev. 32.2K

- Government biggest factor in layoffs slowdown in 2012. 

- Largest hiring intentions from target.

FTSE (+0.16%), CAC (+0.36%), DAX (+0.13%), SMI (+0.21%), IBEX (+0.26%), EURO STOXX (+0.27%) prices taken at 1337BST

DJI

Corporate Earnings

N/A

Other News

AT&T – Co. to sell Nokia device running on Windows Phone 8. (Newswires)

S&P 500

Corporate Earnings

Marriott – Co. reports Q3 EPS 0.44 vs. Exp. USD 0.40, Q3 revenue USD 2.7bln vs. Exp. USD 2.65bln. (Newswires) 

Other News

Target - September SSS +2.1% vs. Exp. +2.0%. (Newswires) 

Macy's - September SSS +2.5% vs. Exp. +3.3%. (Newswires) 

TJX - September SSS +6% vs. Exp. 6.2%. (Newswires) 

Gap - September SSS +6% vs. Exp. 5.3%. (Newswires) 

Limited – Co. reports September SSS +5% vs. Exp. +4%, September net sales USD 773.6mln. (Newswires) 

Costco – Co. reports September SSS +6%, sales USD 9.31vs. Prev. USD 8.61bln. Co. Q4 SSS +6% and sales USD 31.52bln vs. Prev. USD 27.59bln. (Newswires)

Walgreen - Barron's writes that co. shares have gotten 'too cheap to ignore'. (Barron’s)

Applied Materials – Co. announces plan to cut 900-1,300 positions. (Newswires) 

Morgan Stanley - Co is in talks to sell as much as a majority stake in its commodity unit to the Qatar Investment Authority according to sources. (FT - More)

Pfizer – Co. says Prevenar 13 trial data support EU regulatory filing. (Newswires)

Sprint - T-Mobile, MetroPCS deal increases pressure on Sprint. (NY Times)

Viacom – Co. forms strategic partnership with zeebox. (Newswires)

Avery Dennison - 3M Company terminates agreement for purchase of co. unit. (Newswires)

Nasdaq 100

Corporate Earnings

N/A

Other News

Apple - iPad mini may be facing low yield rates for chassis. (DigiTimes) Also, NY Post writes that the new iPad mini could put pressure on margin. (NY Post)

Google – Co. sees USD 340mln in Motorola restructuring charges in Q3. (Newswires)

Broker Moves

Upgrades

AMD – Co. upgraded to neutral from sell at MKM Partners.

eBay – Co. upgraded to buy from neutral at Nomura.

Hewlett-Packard – Co. price target lowered to USD 15 from USD 20.50 at CLSA.

Downgrades

UPS – Co. downgraded to sector perform from outperform at RBC Capital.

Time Warner – Co. downgraded to hold from buy at Argus.

Other News

Facebook – Co. reaches one billion monthly active users, 600mln mobile users. (CNBC)

Fred's – Co. September comp. sales -3.8% vs. Exp. -1.6%, also reaffirms forecast. (Newswires)

Dynegy - Icahn reports 14.69% stake in Dynegy. (Newswires)

USD Index down 0.3% at 1337BST (0737CDT)

If you require information regarding today's European corporate news please refer to the RANsquawk "EU Equity Opening News' sheet or visit www.RANsquawk.com.

You can now follow real-time news headlines on the move with the new RANsquawk app available to download for free at ransquawk.com/mobile_app for Apple iPhone, Blackberry and Android users.

 

 

Disclaimer:

The information within this website has been prepared and issued by Real-time Analysis & News Limited on the basis of publicly available information and other sources believed to be reliable. Whilst all reasonable care is taken to ensure that the facts stated are accurate, neither Real-time Analysis & News Limited nor any director, officer or employee shall in any way be responsible for its contents. This document is intended to provide clients with information and should not be construed as an offer or solicitation to buy or sell securities. No investment advice The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.