S&P 500 2,100.40 19.22
Gold$1,224.80 $5.30
Nasdaq 4,994.60 62.78
Crude Oil $60,490.00      $-1570.00
Market Update

S&P 500 Up 0.8% on China Stimulus and Morgan Stanley Earnings
Apr 20, 1:22 PM ET 
Market indexes on Wall Street soared and crude continued to gain after People’s Bank of China joined the ECB and the U.S. Fed in stimulating the economy. European markets rebounded but markets in China, India and Japan eased.
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Prologis in $5.9 B Deal with KTR, Raytheon Buys Websense for $1.9 B
Apr 20, 1:14 PM ET 
Groupon sell 46% stake in South Korea based e-commerce site. Hasbro profit jumped 4%. Halliburton net loss widened. Lennox Intl net plunged 30%. Morgan Stanley net surged 60% on 10% increase in revenues. Prologis agreed to acquire KTR for $5.9 billion.
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STOCK MOVERS

U.S. Movers: Groupon, Halliburton, Morgan Stanley, Raytheon, SunTrust
Apr 20, 1:14 PM ET 
Groupon sell 46% stake in South Korea based e-commerce site. Hasbro profit jumped 4%. Halliburton net los...
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U.S. Movers: American Express, GE, Honeywell, Schlumberger, Seagate
Apr 17, 12:36 PM ET 
American Express net jumped 6%. AMD tumbled 14% after net loss widened. GE net swung to a loss on 12% dec...
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U.S. Movers: Blackstone, Citigroup, Goldman Sachs, Netflix, UnitedHealth
Apr 16, 1:48 PM ET 
Blackstone net more than doubled. Citigroup profit climbed 23% but revenues dropped 3%. Goldman Sachs net...
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U.S. Movers: Bank of America, CSX, Delta Air Lines, Intel, U.S. Bancorp
Apr 15, 12:42 PM ET 
Bank of America net swung to profit but revenues declined 6%. CSX net climbed 11% on flat revenues. Delta...
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U.S. Movers: Fastenal, Johnson & Johnson, JPMorgan Chase, Wells Fargo
U.S. Movers: Builders FirstSource, Fossil, Habit Restaurants, JetBlue
U.S. Movers: Constellation Brands, Excel Trust, GE, Gencorp, PriceSmart
U.S. Movers: Alcoa, Bed Bath & Beyond, Costco, Cato, LinkedIn, Walgreens
U.S. Movers: Alcoa, Global Payments, MSC, Rite Aid, RPM, Team
U.S. Movers: Axalta Coating, AZZ, FedEx, Greenbrier, GM, Intl Speedway
Mutual funds Q&A

Contrarian and Disciplined
Ariel Fund
John W. Rogers
“We look for companies that we can own for years, and we feel confident that they will still be leaders i...

Multi-Manager Approach to Small Cap
Wilshire Small Company Value Portfolio
Nathan Palmer
“As a multi-manager portfolio manager, we’re focused on combining unique investment strategies, which ind...

Integrated Approach To Small Caps
Schwab Small Cap Equity Fund
Jonas Svallin
“We do look at the growth attributes of a company and we certainly look at the quality of the business mo...
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...
Ariel Fund
John W. Rogers
“We look for companies that we can own for years, and we feel confident that they will still be leaders in their industries with high returns on capital, high profit margins and consistent growth rates.”
Wilshire Small Company Value Portfolio
Nathan Palmer
“As a multi-manager portfolio manager, we’re focused on combining unique investment strategies, which individually may be viewed as having high levels of active risk, and form diversified portfolios that offer attractive levels of prospective excess return but with a reduced risk profile.”
Schwab Small Cap Equity Fund
Jonas Svallin
“We do look at the growth attributes of a company and we certainly look at the quality of the business model, but, over time, it is the value, meaning the price you pay for growth, that separates profit from loss.”
Lazard US Small-Mid Cap Equity Fund
Daniel Breslin
“We strongly believe that higher financial productivity eventually leads to larger value creation. Thus, we think that the investment opportunity lies in assessing the relationship between financial productivity and valuation.”
Ancora Microcap Fund
Denis J. Amato
“Companies that earn well below their normal earnings capacity will be under pressure to get back to normal. If management cannot do it, oftentimes that is when they get bought out. The buyout price is often close to the figure that we have calculated for normalized return value.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Consumer Price Index 2015-04-17 8:30 AM
Jobless Claims 2015-04-16 8:30 AM
Housing Starts 2015-04-16 8:30 AM
Industrial Production 2015-04-15 10:00 AM
EIA Petroleum Status Report 2015-04-15 10:30 AM
The Beige Book 2015-04-15 2:00 PM
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc