S&P 500 2,108.92 -8.77
Gold$1,224.80 $5.30
Nasdaq 5,060.25 -31.84
Crude Oil $60,490.00      $-1570.00
Market Update

U.S. Stocks Turn Lower on Merger Monday, Apple in Focus
Apr 27, 1:35 PM ET 
On Merger Monday, iGATE agreed to be acquired by France-based Cap Gemini and Mylan rejected hostile offer from Teva Pharmaceuticals. Apple Inc is scheduled to release earnings after the bell. U.S. 10-year Treasury yield was 1.93% and the euro held at $1.08.
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Capgemini to Buy iGATE for $4 B, Deutsche Bank Net Tumbles
Apr 27, 10:58 AM ET 
Capgemini revenues soared 11% and agreed to acquire iGATE for $4 billion. Deutsche Bank profit tumbled 50% to €559 million on €1.5 billion of litigation expenses. HSBC intends to spin-off U.K. retail banking business. Sandvik net plunged 72.1%.
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STOCK MOVERS

U.S. Movers: Applied Materials, IGATE, Mylan, Marvell, Roper, Tennant, Tenneco
Apr 27, 12:57 PM ET 
Applied Materials and Japan-based Electron agreed to terminate $10 billion merger agreement. iGATE jumped...
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U.S. Movers: Amazon, Biogen, Comcast, DTE Energy, Google, Microsoft, Xerox
Apr 24, 1:57 PM ET 
Amazon net swung to a loss. Biogen profit surged 71%. Comcast terminate its $45.2 billion deal. DTE Energ...
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U.S. Movers: 3M, Caterpillar, Eli Lilly, eBay, FB, GM, PepsiCo, PG, Qualcomm
Apr 23, 1:09 PM ET 
3M net slid 0.8%. BB&T net fell 2%. Caterpillar net soared 20%. Domino''s Pizza profit jumped 9%. Eli Lil...
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U.S. Movers: Abbott, Boeing, BNY Mellon, McDonald's, Coca-Cola, Yahoo!
Apr 22, 1:02 PM ET 
Abbott net surged. Amgen net soared 51% on 11% increase in revenues. Boeing profit climbed 39%. McDonald'...
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U.S. Movers: Du Pont, Harley-Davidson, IBM, Kimberly Clark, Lockheed Martin
U.S. Movers: Groupon, Halliburton, Morgan Stanley, Raytheon, SunTrust
U.S. Movers: American Express, GE, Honeywell, Schlumberger, Seagate
U.S. Movers: Blackstone, Citigroup, Goldman Sachs, Netflix, UnitedHealth
U.S. Movers: Bank of America, CSX, Delta Air Lines, Intel, U.S. Bancorp
U.S. Movers: Fastenal, Johnson & Johnson, JPMorgan Chase, Wells Fargo
Mutual funds Q&A

High Yield with a Margin of Safety
MainStay High Yield Corporate Bond Fund
Andrew Susser
“We are not indexers, although we are aware of the index. Rather, we are credit pickers that spend a lot...

Creating Value with Concentration and Flexibility
Davenport Equity Opportunities Fund
Chris Pearson, George Smith
“Our goal is long-term capital appreciation and we believe we can achieve that if we invest in quality c...

Contrarian and Disciplined
Ariel Fund
John W. Rogers
“We look for companies that we can own for years, and we feel confident that they will still be leaders i...
MANAGEMENT TALK Q&A

Defined in Holdings and Time Periods
Rich Stewart
What we say in the UIT industry is that you know what you own because there’s transparency; you know exac...

Stratified Returns
It’s a simple methodology and what it does is it basically selects the top scoring 75% of the market and ...

Evolving the Alternative Landscape
Dick Pfister
We provide access and we monitor alternative investment managers. This provides comfort to the investment...
MainStay High Yield Corporate Bond Fund
Andrew Susser
“We are not indexers, although we are aware of the index. Rather, we are credit pickers that spend a lot of time getting to know the companies we invest in, and we view ourselves as lenders to the companies we invest in.”
Davenport Equity Opportunities Fund
Chris Pearson, George Smith
“Our goal is long-term capital appreciation and we believe we can achieve that if we invest in quality companies that are generating excess cash and can reinvest that cash at high rates of return.”
Ariel Fund
John W. Rogers
“We look for companies that we can own for years, and we feel confident that they will still be leaders in their industries with high returns on capital, high profit margins and consistent growth rates.”
Wilshire Small Company Value Portfolio
Nathan Palmer
“As a multi-manager portfolio manager, we’re focused on combining unique investment strategies, which individually may be viewed as having high levels of active risk, and form diversified portfolios that offer attractive levels of prospective excess return but with a reduced risk profile.”
Schwab Small Cap Equity Fund
Jonas Svallin
“We do look at the growth attributes of a company and we certainly look at the quality of the business model, but, over time, it is the value, meaning the price you pay for growth, that separates profit from loss.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Durable Goods Orders 2015-04-24 8:30 AM
Jobless Claims 2015-04-23 8:30 AM
New Home Sales 2015-04-23 10:00 AM
Existing Home Sales 2015-04-22 10:00 AM
EIA Petroleum Status Report 2015-04-22 10:30 AM
Consumer Price Index 2015-04-17 8:30 AM
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc