RebelTraders

INITIAL JOBLESS CLAIMS: 371K V 370KE; CONTINUING CLAIMS: 3.06M V 3.035ME
- Prior Continuing Claims revised from 3.020M to  3.032M

MAY EMPIRE MANUFACTURING: -3.2 V 0.0E
- No revisions
- Prices Paid : 69.57 v 57.29 prior m/m
- New Orders:  -0.46 v 0.6 prior m/m

Blackstone Group (BX) REPORTS Q1 -$0.06 V $0.13E, R$68.5M V $457.0ME
- Q1 revenue is down 94% y/y

JC Penney (JCP) REPORTS Q1 $0.54 V $0.50E, R $4.13B V $4.27BE, SSS -7.4%
- Q1 GM’s 40.0% v 41.5% y/y and vs 36.2% q/q sequential.
- Guides Q2 EPS $0.38 v $0.37e, sales down low single digits.
- Guides Q2 SSS down mid-single digits.
- CEO sees "difficult conditions for the rest of the year."

APR INDUSTRIAL PRODUCTION: -0.7% V -0.3%E; CAPACITY UTILIZATION: 79.7% V 80.1%E
- Prior Industrial Production revised from 0.3% to 0.2%
- Prior Capacity Utilization revised from 80.5% to  80.4%

This entry was posted on Thursday, May 15th, 2008 at 9:07 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.