up 200
DOW down 400
up 190
up 250
you missed your buying chances....look how money you could have made. stop sleeping on the money! ::LOL::
[quote author=ketchim link=topic=102637.msg679452#msg679452 date=1455734803]
Listen at 2 pm for the minutes of the Feds meeting !
[/quote]
Googs , I tell de chap to get the info ....but alas !
Release Date: February 17, 2016
For release at 2:00 p.m. EDT
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 26-27, 2016.
The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypo...endars.htm.
Listen at 2 pm for the minutes of the Feds meeting !
[/quote]
Googs , I tell de chap to get the info ....but alas !
Release Date: February 17, 2016
For release at 2:00 p.m. EDT
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 26-27, 2016.
The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypo...endars.htm.
dow down 8
Shares of fast food chain Jack in the Box are getting smashed after the company posted lower than expected earnings Wednesday afternoon.
The company reported earnings per share of $0.94 for the fourth quarter, up from the year before but missing analysts estimates for earnings of $1.03. Revenue also missed, the company generated $470.8 million against estimates of $475 million.
Following the release, the stock nosedived -19.0% to around $14.61 a share.
The company has two major franchises, burger restaurant Jack in the Box and Mexican fast-casual Qdoba.
According to CEO Lenny Comma, Jack in the Box sales were weaker than expected due to competitors value offerings.
"Jack in the Box sales in the last part of the quarter were lower than we anticipated as several competitors began promoting aggressive value offers," he said in the release. Comma also highlighted weak breakfast sales as another headwind to Jack in the Box.
Both of these are of note as McDonald's launched its all-day breakfast and its new McPick 2 for $2 value offering in the latter parts of 2015.
According to Comma, Qdoba sales were up but offset by a higher than normal advertising spend.
The company reported earnings per share of $0.94 for the fourth quarter, up from the year before but missing analysts estimates for earnings of $1.03. Revenue also missed, the company generated $470.8 million against estimates of $475 million.
Following the release, the stock nosedived -19.0% to around $14.61 a share.
The company has two major franchises, burger restaurant Jack in the Box and Mexican fast-casual Qdoba.
According to CEO Lenny Comma, Jack in the Box sales were weaker than expected due to competitors value offerings.
"Jack in the Box sales in the last part of the quarter were lower than we anticipated as several competitors began promoting aggressive value offers," he said in the release. Comma also highlighted weak breakfast sales as another headwind to Jack in the Box.
Both of these are of note as McDonald's launched its all-day breakfast and its new McPick 2 for $2 value offering in the latter parts of 2015.
According to Comma, Qdoba sales were up but offset by a higher than normal advertising spend.
Well I have never had their food so I cannot really weigh in there, but I can say that I am not too surprised. It seems like all of the sort of mid level restaurants like this are coming on some hard times and are closing their doors. I have always wanted to try it, so hopefully they can stay afloat long enough where I can try it.
dow down by 50
Barclays paid Qatari investors a total of £346 million ($498.45 million) in secret and dishonestly characterized payments to secure their participation in the bank's 2008 emergency fundraising, a £1 billion lawsuit brought by another key investor on the deal has alleged.
PCP, Amanda Staveley's investment vehicle which invested on behalf of a senior Abu Dhabi royal during Barclays' £7.3 billion cash call, has alleged in court documents that Barclays made the payments after the Qataris saw the value of an earlier investment in the bank plummet as the financial crisis took hold.
PCP's London lawsuit, which seeks £720 million in damages plus interest and costs, lifts the lid on frenetic last-minute arrangements in the run-up to the October 2008 deal, which enabled the bank to stay out of the control of the U.K. government but has now come back to haunt Barclays.
PCP, Amanda Staveley's investment vehicle which invested on behalf of a senior Abu Dhabi royal during Barclays' £7.3 billion cash call, has alleged in court documents that Barclays made the payments after the Qataris saw the value of an earlier investment in the bank plummet as the financial crisis took hold.
PCP's London lawsuit, which seeks £720 million in damages plus interest and costs, lifts the lid on frenetic last-minute arrangements in the run-up to the October 2008 deal, which enabled the bank to stay out of the control of the U.K. government but has now come back to haunt Barclays.
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