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%
