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

Cadence Bancrop Lowered Offer for State Bank, Mindbody Agreed to LBO Deal
Dec 24, 8:51 AM EST 
Cadence Bancrop lowered offer price to acquire State Bank Financial Corp. China-based HNA Technology is reported to be in talks to sell Ingram Micro. Mindbody agreed to be acquired by Vista Equity Partners for $1.9 billion.
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Anglo American Lifts Production Outlook, Euronext to Buy Oslo Exchange
Dec 24, 12:42 PM EST 
Anglo American lifted fiscal 2019 production forecast in Brazil after winning the regulatory approval for production expansion. Euronext intends to acquire Oslo stock exchange. Playtech declined after new Italian tax on gambling may reduce its fiscal operating profit.
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STOCK MOVERS

U.S. Movers: Cadence Bancrop, Ingram Micro, Mindbody
Dec 24, 8:52 AM EST 
Cadence Bancrop lowered offer price to acquire State Bank Financial Corp. China-based HNA Technology is r...
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U.S. Movers: CarMax, Cintas, Ennis, Nike, Zynga
Dec 21, 12:05 PM EST 
CarMax beats earnings estimates. Cintas reported strong results and lifted revenues growth forecast. Enni...
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U.S. Movers: Actuant, BlackBerry, Carnival, Conagra, Scholastic, Walgreens
Dec 20, 12:07 PM EST 
Accenture declined despite outsourcing services provider lifted fiscal outlook. BlackBerry net swung to p...
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U.S. Movers: FedEx, General Mills, Jabil Circuit, Micron Technology, Paychex
Dec 19, 12:05 PM EST 
FedEx lowered fiscal outlook despite strong results. General Mills reaffirmed fiscal forecast. Jabil Circ...
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U.S. Movers: Darden, Navistar, Oracle, Red Hat, Steel Dynamics, Worthington
U.S. Movers: Boeing, Bristol-Myers Squibb, Jack In The Box, WellCare Health
U.S. Movers:Pivotal Software, Photronics, Progressive, Scholastic,Vera Bradley
U.S. Movers: Fred's, KalVista Pharma, Lee Enterprises, Vince Holding
U.S. Movers: Ascena Retail, American Water Works, Casey's General, DSW, Synnex
U.S. Movers: Adobe, Costco, Ciena, Danaher, First Solar, United Rentals
Mutual funds Q&A

Relative Values in REITs
Cohen & Steers Real Estate Securities Fund
Jason Yablon
“A key element of the fundamental process is getting the supply-demand dynamics correct. We spend the bul...

Quality-Driven REIT Investing
Eaton Vance Real Estate Fund
J. Scott Craig
“I believe that the right way to get exposure to commercial real estate is through a REIT fund, because f...

Focused on Business and Cash Flow Drivers
Manning & Napier Real Estate Series Fund
Michael J. Magiera
“We are cash-flow driven, price sensitive and focused on quality. Real estate is a highly cyclical indust...
MANAGEMENT TALK Q&A

Quality, Cash Flow and Relative Value for Income
Brant Houston, Gary Pzegeo
“Clients and investors were searching for more income and we felt that income was going to be a key compo...

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 ...
Cohen & Steers Real Estate Securities Fund
Jason Yablon
“A key element of the fundamental process is getting the supply-demand dynamics correct. We spend the bulk of our time figuring out the direction of rents and occupancies, because that allows us to estimate the value of each individual company.”
Eaton Vance Real Estate Fund
J. Scott Craig
“I believe that the right way to get exposure to commercial real estate is through a REIT fund, because few individual investors can accumulate a directly-owned portfolio that provides adequate diversification in terms of property types and geographic markets.”
Manning & Napier Real Estate Series Fund
Michael J. Magiera
“We are cash-flow driven, price sensitive and focused on quality. Real estate is a highly cyclical industry, so we need to be aware of our position not only in the economic cycle, but also in the various property cycles.”
361 Global Long|Short Equity Fund
Harindra de Silva, PhD, CFA
“Overall, our investment philosophy is based on being systematic, following written rules, and believing that low-volatility stocks will beat high-volatility stocks in the long run.”
Teucrium Funds
Sal Gilbertie
“We are the only grain experts to have publicly traded funds and are willing to share our knowledge and to provide a way to get exposure to grains. That makes us unique more than anything else.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
International Trade in Goods 2018-12-28 8:30 AM
Jobless Claims 2018-12-27 8:30 AM
New Home Sales 2018-12-27 10:00 AM
EIA Petroleum Status Report 2018-12-27 10:30 AM
Durable Goods Orders 2018-12-21 8:30 AM
Gross Domestic Product [GDP] 2018-12-21 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