S&P 500 1,986.51 4.91
Gold$1,291.40 $-4.30
Nasdaq 4,526.48 -1.04
Crude Oil $66,340.00      $900.00
Market Update

Stocks on Wall Street Look for Fed Support
Aug 20, 12:03 PM ET 
Stocks on Wall Street advanced after lackluster morning trading ahead of Fed minutes of meeting release. Central bankers are scheduled to meet at the annual gathering organized by the Fed tomorrow. Target lowered its annual outlook. Hertz withdrew its forecast.
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Hertz Withdrew Guidance, Target Lowered Annual Outlook
Aug 20, 12:31 PM ET 
American Eagle net tumbled 70%. Hertz plunged after the rental services provider withdrew its outlook. Lowe’s profit soared 10%. PetSmart agreed to acquire Pet360 for $130 million. Staples net plunged 21%. Target net tumbled 62% and the retailer lowered outlook.
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STOCK MOVERS

U.S. Movers: American Eagle, Smucker, Lowe’s, PetSmart, Staples, Target
Aug 20, 12:32 PM ET 
American Eagle net tumbled 70%. Hertz plunged after the rental services provider withdrew its outlook. Lo...
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U.S. Movers: Dick's Sporting, Elizabeth, Home Depot, Medtronic
Aug 19, 12:18 PM ET 
Dick''s Sporting net plunged 17% but revenue climbed 10%. Elizabeth net loss widened. Home Depot net soar...
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U.S. Movers: Dollar General, IBM, Ingersoll-Rand, Lannett, Sensata Tech
Aug 18, 12:00 PM ET 
Dollar General offered $78.50 per share to Family Dollar. Google likely to acquire JetPac Inc. IBM receiv...
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U.S. Movers: Applied Materials, Agilent, Dillard's, Estee Lauder, J C Penney
Aug 15, 1:06 PM ET 
Applied Materials net soared 79%. Agilent Technologies net declined 13% but revenue climbed 7%. Dillard''...
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U.S. Movers: Advance Auto Parts, Cisco, NetApp, Kohl’s, Noodles, Wal-Mart
U.S. Movers: Dean Foods, Kinder Morgan, Priceline, Sysco, Techne, WellPoint
U.S. Movers: AerCap, Flowers Foods, MannKind, Towers Watson, Valspar
U.S. Movers: Dean Foods, Kinder Morgan, Priceline, Sysco, Techne
U.S. Movers: Brookfield Asset, ConEd, McDonald's, Nvidia, Sotheby’s
U.S. Movers: AES, Costco, Duke Energy, Mylan, Sempra Energy, Walgreen

EARNINGS CALLS TRANSCRIPTS

Apple Fiscal Third Quarter Earnings Call Highlights
Jul 30, 3:28 AM ET>
Apple Inc said third quarter revenues increased 23% to $35 billion and earnings jumped 21% to $8.8 billio...
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lululemon athletica First Quarter Earnings Call Highlight
Jun 13, 9:01 AM ET>
The expensive apparel retailer lululemon athletica said first quarter revenues rose 53% to $285.7 million...
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Dollar General Earnings Call Highlights
Lowe’s First Quarter Earnings Call Highlights
Home Depot First Quarter Earnings Call Highlights
Visa Inc. Second Quarter Earnings Call Highlights
MasterCard Inc First Quarter Earnings Call Highlights
Mutual funds Q&A

Tactical Allocation in Real Assets
Prudential Real Assets Fund
Edward L. Campbell
We saw that during the decade to 2010 the collection of assets that we refer to as real assets did incred...

Value Gap in Small Caps
Clearbridge Special Investment Trust
Albert Grosman
The core belief is that the value of a corporation and the price of a stock can and do diverge under cert...

Systemic Selection in Small Caps
PNC Multi-Factor Small Cap Core Fund
Hitesh C. Patel
The ultimate goal is to be an active portfolio manager with limited tracking error and to make sure we ta...
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...
Prudential Real Assets Fund
Edward L. Campbell
We saw that during the decade to 2010 the collection of assets that we refer to as real assets did incredibly well and there was hardly any inflation over that time period.
Clearbridge Special Investment Trust
Albert Grosman
The core belief is that the value of a corporation and the price of a stock can and do diverge under certain conditions but over time they converge. With patience, discipline and a long-term horizon we can profit from those situations where price lags valuation.
PNC Multi-Factor Small Cap Core Fund
Hitesh C. Patel
The ultimate goal is to be an active portfolio manager with limited tracking error and to make sure we take sufficient amount of risk so that our definition of active shares is significant but not uncorrelated to the benchmark.
Barrow All-Cap Core Fund, Barrow All-Cap Long Short Fund
David R Bechtel
We implement a proprietary private equity approach to uncover high-quality companies trading at temporary discounts to their intrinsic values. We scour the entire market on a regular basis for stocks that offer both quality and value in tandem. We call this investing at the intersection of quality and value.
Neuberger Berman Intrinsic Value Fund
Benjamin H. Nahum
We tend to focus on out-of-favor companies and have found that markets inefficiently price companies that are complex, cyclical or irregular in their growth.










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
WUBA $0.15
CRMT Americas Car-Mart Inc$0.79
XNET Xunlei Ltd.$(4.65)
SMTC Semtech Corp$0.42
LB L Brands Inc$0.63
ECONOMIC CALENDAR

INDUSTRY DATE TIME
EIA Petroleum Status Report 2014-08-20 10:30 AM
FOMC Minutes 2014-08-20 2:00 PM
Consumer Price Index 2014-08-19 8:30 AM
Housing Starts 2014-08-19 8:30 AM
Industrial Production 2014-08-15 8:30 AM
Jobless Claims 2014-08-14 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