S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
Market Update

AmEx Card Spending Rises 1.9%, IBM Books $5.5 B Tax Related Charge
Jan 19, 1:47 PM EST 
American Express beats earnings estimates but reported quarterly loss on the account of one-time tax reform related charges. IBM fell on weak profit outlook. SunTrust Banks profit jumped 58%. Schlumberger net loss narrowed.
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BASF Earnings Soar 50%, Ceconomy Net Drops
Jan 19, 1:39 PM EST 
BASF annual sales and profit surged. Ceconomy forecasted profit to decline despite higher sales. Remy Cointreau reported third-quarter sales above the estimates. Dignity tumbled on profit warning after lower funeral prices. Software estimated lower profit.
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STOCK MOVERS

U.S. Movers: American Express, First Horizon, IBM, SunTrust, Schlumberger
Jan 19, 6:02 AM EST 
American Express beats earnings estimates but reported quarterly loss on the account of one-time tax refo...
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U.S. Movers: Alcoa, BNY Mellon, BB&T, J B Hunt, M&T Bank, Morgan Stanley
Jan 18, 12:05 PM EST 
Alcoa net loss widened but revenues soared 28%. BNY Mellon profit surged 38%. BB&T beats estimates. J B H...
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U.S. Movers: Avis Budget, Citigroup, Comerica, First Republic, UnitedHealth
Jan 17, 12:02 PM EST 
Bank of America profit declined 50% on one-time charges linked to latest tax reforms and missed revenue e...
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U.S. Movers: Avis Budget, Citigroup, Comerica, First Republic, UnitedHealth
Jan 16, 12:22 PM EST 
Avis Budget declined on weak revenue forecast. Citigroup reported loss of $18.3 billion on one-time charg...
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U.S. Movers: Delta Air, JetBlue, KB Home, Meredith, Progress Software
U.S. Movers: Delta Air, JetBlue, KB Home, Meredith, Progress Software
U.S. Movers: CalAtlantic, Lennar, MSC Industrial Direct, Supervalu, SYNNEX
U.S. Movers: Acuity Brands, Barracuda, Limoneira, Schulman, Target
U.S. Movers: Celgene, GoPro, Helen of Troy, Haverty Furniture, Kohl's
U.S. Movers: Cal-Maine, Franklin Covey, Greenbrier, Lamb Weston, Shiloh
Mutual funds Q&A

Quantitative and Qualitative Approach to Emerging Markets Debt
Stone Harbor Emerging Markets Debt Fund
Jim Craige
“We have a process that’s not only research intensive, but also includes individuals having to put togeth...

Exploiting Behavioral Inefficiencies in Emerging Markets
Advisory Research Emerging Markets Opportunities Fund
Kevin Ross
“We align ourselves with management teams who can ensure that if the industry is growing, we as minority ...

A Global Quest for the Best Businesses
Virtus Vontobel Global Opportunities Fund
Matthew Benkendorf
“In our view, preservation of capital is not about market timing or top-down allocation, but about owning...
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...
Stone Harbor Emerging Markets Debt Fund
Jim Craige
“We have a process that’s not only research intensive, but also includes individuals having to put together expected returns across a number of risk scenarios for each particular investment.”
Advisory Research Emerging Markets Opportunities Fund
Kevin Ross
“We align ourselves with management teams who can ensure that if the industry is growing, we as minority shareholders will be entitled to a piece of that growth.”
Virtus Vontobel Global Opportunities Fund
Matthew Benkendorf
“In our view, preservation of capital is not about market timing or top-down allocation, but about owning durable and predictable businesses.”
TIAA-CREF Emerging Markets Debt Fund
Katherine Renfrew
“It is the discipline of our credit underwriting at the sovereign, agency, and corporate level, which makes us different. We believe that understanding the local economy dynamics and doing due diligence at the country and company level gives us a unique insight and advantage.”
Lazard Developing Markets Equity Portfolio
Kevin O'Hare, Peter Gillespie
“We look across all sectors to find where earnings growth is quickest or more sustainable and where we believe valuation doesn’t reflect that earnings growth.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Housing Starts 2018-01-18 8:30 AM
Jobless Claims 2018-01-18 8:30 AM
EIA Petroleum Status Report 2018-01-18 10:30 AM
Industrial Production 2018-01-17 10:00 AM
The Beige Book 2018-01-17 2:00 PM
Consumer Price Index 2018-01-12 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