S&P 500 2,351.16 0.00
Gold$1,224.80 $5.30
Nasdaq 5,838.58 0.00
Crude Oil $60,490.00      $-1570.00
Market Update

AstraZeneca Sells Zoladex, RBS Abandons Williams & Glyn Sale
Feb 20, 11:05 AM ET 
AstraZeneca agreed to sell commercial rights of Zoladex to TerSera Therapeutics. Bertrandt net plunged 27%. Bovis Homes set aside £7 million to deal with problems with customer service. RBS abandons the sale of Williams & Glyn. Accenture agreed to buy 62% stake in SinnerSchrader.
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Kraft Pursues as Unilever Rejects; Campbell Sales Suffer with Fresh Troubles
Feb 17, 1:51 PM ET 
Campbell Soup net tumbled on problems in fresh division. Deere & Co lifted net income forecast on expected recovery. Fannie Mae net swung to profit. Nu Skin plunges on disappointing sales trend. Kraft Heinz offered $143 billion to rival but Unilever.
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STOCK MOVERS

U.S. Movers: Campbell Soup, Deere & Co, Fannie Mae, Nu Skin, Kraft Heinz
Feb 17, 1:53 PM ET 
Campbell Soup net tumbled on problems in fresh division. Deere & Co lifted net income forecast on expecte...
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U.S. Movers: Avon, Duke Energy, Hyatt, Marriott, Snap, Time, Verizon
Feb 16, 11:41 AM ET 
Avon plunged 16% after revenues declined 2%. Duke Energy net swung to a loss. Dean Foods plummeted 8%. Hy...
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U.S. Movers: AIG, Analog Devices, Agilent, Fortress, Fossil, Hilton, PepsiCo
Feb 15, 2:32 AM ET 
AIG said net loss widened. Analog Devices net and revenues surged. Agilent Technologies soared 39%. Fortr...
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U.S. Movers: Aetna, Discovery, Diebold, FLIR, T-Mobile, Watsco
Feb 14, 2:59 AM ET 
Aetna and Humana mutually ended the $34 billion mega-merger deal. Discovery Communications net soared 39%...
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U.S. Movers: Allergan, First Data, HCP, Insperity, Teva Pharma, Versum, WEX
U.S. Movers: ArcelorMittal, Activision, Expedia, Mohawk, NVIDIA, Ventas
U.S. Movers: Boeing, Cummins, Coca-Cola, Kellogg, Reuters, Yum! Brands
U.S. Movers: Cognizant, Exelon, Humana, Owens Corning, Disney, Time Warner
U.S. Movers: Archer Daniels, Cardinal Health, GM, Michael Kors, Omnicom
U.S. Movers: FMC, 21St Century Fox, Hasbro, Lowe's, Sysco
Mutual funds Q&A

High Yield in High Business Quality
Federated Institutional High Yield Bond Fund
Mark Durbiano, Thomas Scherr
“This fundamental belief — our willingness to enter into high-yield companies with greater debt but stron...

Higher Quality in High Yield Bonds
Angel Oak High Yield Opportunities Fund
Matthew Kennedy, James Hentges
“We designed the fund from the very beginning to invest in a broad array of high-yielding assets. It come...

Relative Value in High Yield Bonds
MassMutual Premier High Yield Fund
Sean Feeley
“Deep credit analysis is at the root of our philosophy and investment process, and nearly all of our outp...
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...
Federated Institutional High Yield Bond Fund
Mark Durbiano, Thomas Scherr
“This fundamental belief — our willingness to enter into high-yield companies with greater debt but stronger and more stable businesses — often leaves us at odds with the rating agencies, where their focus is much more on debt leverage than on the underlying quality of the business.”
Angel Oak High Yield Opportunities Fund
Matthew Kennedy, James Hentges
“We designed the fund from the very beginning to invest in a broad array of high-yielding assets. It comes back to constructing a portfolio of high-quality issuers that we choose through the intensive fundamental research.”
MassMutual Premier High Yield Fund
Sean Feeley
“Deep credit analysis is at the root of our philosophy and investment process, and nearly all of our outperformance comes from credit selection.”
AB High Income Fund
Gershon Distenfeld
“As a result, our approach to generating income is both global and multisector, creative, and opportunistic. We have no problem going where other high-yield funds typically do not, for instance, outside the U.S., in emerging market debt, or in structured mortgages.”
Neuberger Berman High Income Bond Fund
Patrick Flynn
“What is consistent is our focus on credits we believe are capable of surviving entire cycles—companies, often larger issuers, featuring consistent cash flows, flexible cost structures, and liquidity options.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Housing Starts 2017-02-16 8:30 AM
Jobless Claims 2017-02-16 8:30 AM
Consumer Price Index 2017-02-15 8:30 AM
Retail Sales 2017-02-15 8:30 AM
Industrial Production 2017-02-15 10:00 AM
Business Inventories 2017-02-15 10:00 AM
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc