S&P 500 2,126.06 -4.76
Gold$1,224.80 $5.30
Nasdaq 5,089.36 -1.43
Crude Oil $60,490.00      $-1570.00
Market Update

Pick Up in Inflation and U.S. Stocks Rest Ahead of Memorial Day Weekend
May 22, 12:26 PM ET 
Core rate of inflation in April rose faster than expected as prices excluding food and fuel advanced. Stocks meandered ahead of Memorial Day weekend. The Dutch government announced a plan to sell its stake in ABN Amro as early as in the fourth quarter.
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Expedia Sells eLong Stake; Intuit Lifts Forecast, HP Sales Fall 7%
May 22, 11:55 AM ET 
Expedia sells its 62.4% stake in China-based eLong for $671 million. Aeropostale net loss narrowed. Brocade net swung to profit. Campbell Soup net slid. Deere net tumbled 30%. Foot Locker profit soared 14%. Gap net declined 8%. HP net plunged 23%. Intuit lifted outlook.
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STOCK MOVERS

U.S. Movers: ANN, Brocade, Campbell Soup, Deere, Foot Locker, Gap, HP, Intuit
May 22, 11:51 AM ET 
Expedia sells its 62.4% stake in China-based eLong for $671 million. Aeropostale net loss narrowed. Broca...
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U.S. Movers: Best Buy, CVS Health, Cato, Dollar Tree, L Brands, Salesforce
May 21, 12:19 PM ET 
CVS Health agreed to acquire Omnicare for $12.7 billion. Cato net jumped 4%. Best Buy net plunged 72%. Bu...
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U.S. Movers: American Eagle, Analog Devices, Autodesk, Heico, Target, Lowe’s
May 20, 12:36 PM ET 
American Eagle profit surged more than six-fold. Analog Devices net climbed 10%. Autodesk net tumbled 33%...
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U.S. Movers: Agilent, Boeing, Colfax, Home Depot, TJX, Whirlpool, Wal-Mart
May 19, 12:21 PM ET 
Agilent net plunged 40%. Boeing signed contract with China-based privately held Ruili Airlines worth $6 b...
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U.S. Movers: Ascena Retail, Par Pharmaceutical, Elbit Systems, W.P. Carey
U.S. Movers: Arista, Applied Materials, Dillard's, Nordstrom, Symantec
U.S. Movers: Cisco, Childrens Place, JC Penney, Kohl's, Owens-Illinois, Teekay
U.S. Movers: Diana Shipping, Macy's, McKesson, Ralph Lauren, Zillow
U.S. Movers: Astronics, FibroGen, Gap, Leidos, Verizon
U.S. Movers: Actavis, AES, DISH Network, Dean Foods, Leucadia, Sotheby’s
Mutual funds Q&A

Exceeding Analyst Expectations
PNC Large Cap Growth Fund
Douglas J. Roman
“We believe that earnings drive stock prices, and that it is critical to have a strict, disciplined proce...

Sustainable Earnings Growers
Fidelity Blue Chip Growth Fund
Sonu Kalra
“Ultimately, we want companies that possess superior business models in healthy industries that maintain ...

Gold Exposure Through Miners
OCM Gold Fund
Gregory Orrell
“We are currently at a stage where a lot of hard work has been done for these mining companies. They have...
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...
PNC Large Cap Growth Fund
Douglas J. Roman
“We believe that earnings drive stock prices, and that it is critical to have a strict, disciplined process that focuses on earnings, one that does not permit subjective or behavioral factors to influence our stock picking. Our primary investment goal is to find stocks that outperform the index and exceed analyst expectations.”
Fidelity Blue Chip Growth Fund
Sonu Kalra
“Ultimately, we want companies that possess superior business models in healthy industries that maintain strong competitive position and require low levels of capital intensity, and demonstrate strong returns over time.”
OCM Gold Fund
Gregory Orrell
“We are currently at a stage where a lot of hard work has been done for these mining companies. They have taken the write-offs and lowered their cost structures as the gold price has come down. And, now these miners are in a position to reap the rewards from a rise in gold prices.”
Federated Kaufmann Small Cap Fund
Jordan Stuart
“If there is one theme in our approach, it is to find the companies that are approaching an inflection point, one that can turn the business in a positive fashion, permit it to grow through innovation, through investment, and create value for shareholders.”
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.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Consumer Price Index 2015-05-22 8:30 AM
Jobless Claims 2015-05-21 8:30 AM
Existing Home Sales 2015-05-21 10:00 AM
EIA Petroleum Status Report 2015-05-20 10:30 AM
FOMC Minutes 2015-05-20 2:00 PM
Housing Starts 2015-05-19 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