S&P 500 1,324.80 0.00
Gold$1,555.00 $14.70
Nasdaq 2,874.04 0.00
Crude Oil $93.58      $0.75
Market Update

Spain Enters Recession, Italian Economy Likely to Shrink
May 17, 8:28 AM ET 
The European indexes fell on the ongoing worries in Greece. Spain returned to recession in the first quarter. The International Monetary Fund estimates the Italian economy to contract this year. E.ON agreed to sell its gas transmission company to a consortium for about €3.2 billion.
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Weak Miners and Banks in Australia; CBA Net Jumps 3%
May 17, 8:27 AM ET 
Australian stocks made a feeble attempt to rebound as mining and banking stocks traded volatile. BHP walked out of a mining venture in north Queensland and said the project is unviable. Coalworks asked shareholders to reject a takeover bid.
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STOCK MOVERS

Agilent Technologies, Dick’s Sporting, Groupon, TJX Up; Avon, Air Lease Fall
May 15, 2:31 AM ET 
Agilent Technologies second quarter net surged 28% and lifted outlook. Groupon first quarter net loss nar...
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Avon, KiOR Rise; InterOil Corp., Silver Wheaton Fall
May 14, 2:16 AM ET 
Avon said it will respond to the takeover deal from Coty for $10.7 billion. InterOil first quarter net su...
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Dillard's, McDermott, Nvidia Up; CA, JPMorgan, Nordstrom Fall
May 11, 2:01 AM ET 
CA fourth quarter net gained 13% to $211 million and Copano Energy first quarter net loss widened to $147...
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ArcelorMittal, News Corp. Rise; Cisco, Kohl's, Windstream Corp Fall
May 10, 1:41 AM ET 
ArcelorMittal first quarter net plummets 928% to $11 million and Activision net dropped 24% to $384 milli...
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AOL, Dean Foods, Walt Disney Up; Jive Software, Macy’s, MercadoLibre Fall
OfficeMax Rises; DirecTV, Electronic Arts, Fossil, Rackspace Fall
Abiomed, Chico’s FAS Rise; Abercrombie & Fitch, J. C. Penney, Staples Fall
Tyson Foods Up; BroadSoft, Cognizant, EchoStar Fall
Dolby, LinkedIn Rise; AIG, CF Industries, Estee Lauder Fall
Teradata, Allstate, Whole Foods Rise; Cigna, GM, Prudential Financial Fall

EARNINGS CALLS TRANSCRIPTS

MasterCard Inc First Quarter Earnings Call Highlights
May 05, 2:30 PM ET>
MasterCard Inc said first quarter revenues gained 17% and net income soared 21% and issued a cautious out...
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Apple Inc Earnings Call Highlights
Apr 25, 1:23 PM ET>
Apple Inc. increased 9% after the PC and media devices maker reported second quarter revenue soared 59% t...
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Intuit Q1 Earnings Call Transcript
CarMax Q2 Earnings Call Transcript
FedEx Q1 Earnings Call Transcript
Discover Financial Services Q3 Earnings Call Transcript
Red Hat Q2 Earnings Call Transcript
Mutual funds Q&A

A Value Approach to High Yield Bonds
PNC High Yield Bond Fund
Kenneth F. Karwowski
“Being value investors, we believe that the price we pay for a high yield security is the most significan...

Undiscovered International Growth
WCM BNY Mellon Focused Growth ADR ETF
Patrick Duff Daniels
“We believe that the benchmarks in the international space are inefficient. Consequently, our focus on hi...

Systematic and Tactical Globally
Cambria Global Tactical ETF
Eric W. Richardson
“We have a fundamental belief that human beings are not great stock pickers. Rather than relying on indiv...
MANAGEMENT TALK Q&A

A Long Term View on Profitability
Edgar Investment Management
L. Scott Edgar
“We believe that sustainable investment performance comes from owning equities of companies that have dem...

Diversify with Alternatives
Elite Access - Jackson
Clifford Jack
“The risk-adjusted performance of a portfolio with exposure to alternative asset classes over lengthy per...

Balancing Safety and Growth
StanCorp Investment Advisers
Julie Grandstaff
“Nowadays, clients do not want to buy a 10-year bond with a 3% yield. One of the things we need to consta...
PNC High Yield Bond Fund
Kenneth F. Karwowski
“Being value investors, we believe that the price we pay for a high yield security is the most significant measure, and we complement this approach by investing in companies that demonstrate competitive advantages in their industry.”
WCM BNY Mellon Focused Growth ADR ETF
Patrick Duff Daniels
“We believe that the benchmarks in the international space are inefficient. Consequently, our focus on high-quality growth businesses separates us from benchmarks and generates significant excess return in a variety of market environments.”
Cambria Global Tactical ETF
Eric W. Richardson
“We have a fundamental belief that human beings are not great stock pickers. Rather than relying on individual stock picking, we believe there are various trends and patterns in the market that are predictive of future moves.”
Hatteras Funds
Michael Hennen
“Hatteras Funds is unique because it makes alternative investment strategies available to investors in a variety of solutions ranging from daily liquid mutual funds to less liquid products that combine both hedge funds and private equity funds in one portfolio.”
AdvisorShares ETFs
Noah Hamman
“We offer actively managed exchange-traded funds with all the benefits of the ETF structure – liquidity, transparency, other operational and tax efficiency – through a team of portfolio managers with distinctive investment strategies.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
GME GameStop Corp$0.54
AAP Advance Auto Parts Inc$1.79
ROST Ross Stores Inc$0.93
CSC Computer Sciences Corp$1.02
PCP Precision Castparts Corp$2.31
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Jobless Claims 2012-05-17 8:30 AM
Housing Starts 2012-05-16 8:30 AM
Industrial Production 2012-05-16 10:00 AM
EIA Petroleum Status Report 2012-05-16 10:30 AM
FOMC Minutes 2012-05-16 2:00 PM
Consumer Price Index 2012-05-15 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