Wednesday, February 19, 2014

Wall Street has returned to work in a good mood

Stock trading in the U.S. on Tuesday, February 18 , 2014 . , Closed up most of the leading indicators. Index Dow Jones, noted some volatility during the trading session , closed the session by some decrease , while the S & P 500 rose slightly . For the NASDAQ , this session was the eighth consecutive session of growth, and it ended the day at the maximum value since January 2000 .


On the eve of February 17 , the stock trades in the United States in observance of the national holiday – Presidents’ Day . The past week has been quite favorable for all three major U.S. indexes and allowed them to compensate for the losses incurred since the beginning of 2014. Nevertheless, analysts are inclined to the view that further increase exchanges possible only if favorable statements of U.S. companies that will be able to impress the players on Wall Street .


Sentiment , in addition to corporate news , is under the influence of some impending publication of minutes of the meeting of the Open Market Committee (FOMC) of the Federal Reserve System . The outcome of the meeting was to decide on the next , the second in a row reduction program QE3. Publication , scheduled for February 19 , as investors hope to shed some light on the future policy of the Fed against QE3.


The main event was the publication on Tuesday of the annual and quarterly reports global giant – soft-drinks manufacturer Coca-Cola Company. She reported a decline in profit for the year , saying that 2013 was a difficult for the world economy , which affected the financial results of Coca-Cola. Its financial figures for the IV quarter also disappointed analysts. Adjusted earnings per share in the October – December 2013. was $ 0.46 , which coincided with the consensus forecast of analysts. At the same time, revenues for the quarter decreased by 4 % year on year and amounted to $ 11.04 billion at the forecast at 11.31 billion dollars As a result quotes Coca-Cola fell 3.8%.


Market capitalization of troubled manufacturer of BlackBerry smartphones has grown by 5.4% , after a well-known hedge fund manager Daniel Loeb announced the acquisition of stake in the company .


Another important news of the day was the announcement of a pharmaceutical company Actavis on the planned acquisition of U.S. rival Forest Laboratories for $ 25 billion The new company will manufacture generic drugs and other medicines. Quotes Actavis after trades rose by 5% , and a Forest Laboratories – by 27.5 %.


Securities 1-800 -Flowers, dedicated flower delivery , fell 6%. During the entire weekend she apologized to customers whose flowers and chocolates were not delivered on Valentine’s Day . The company has deployed more than one thousand of personal letters of apology through Twitter and Facebook.


Become interesting for investors and the information that the initial plans to purchase shares Irish manufacturer Games King – developer of the popular mobile game Candy Crush Saga. He intends to invite in an IPO on the New York Stock Exchange $ 500 million in the IPO securities will be sold as the company and the shareholders , but the share has not been disclosed .


By the end of trading session on February 18 , 2014 . Dow Jones index fell by 23.99 points ( -0.15 % ) – up to 16130.4 points, the S & P rose 2.13 points ( 0.12 %) – to 1840.76 points, while the NASDAQ was up 28.76 points ( 0.68 %) – to 4272.78 points.



Wall Street has returned to work in a good mood

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