Save from as low as €40 per month
Change modify pause
Markets are called flat this morning. This is what’s happening today:
Reuters – U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy. Market participants and regulators decided late on Sunday to shut the market, reversing a plan to keep electronic trading going on Monday. Bond markets will remain open, but will close at noon, a trade group said.
Here is JP Morgan’s view on the markets going into 2013:
Companies reporting Q312 results today:
Stock to watch: Dean Foods (Price $16.74, Price Target $22)
Deutsche Bank: Dean is the leading fluid milk processor in the United States with about a 40% share. Our Buy rating is based on strong execution across all segments, low valuation, and strong growth prospects for WhiteWave-Alpro. Following Dean's IPO of WhiteWave-Alpro (though the company retains 85% ownership), we see the market as undervaluing the core Dean operations (FDD/Morningstar). In addition, recent moderation in dairy input costs should further stabilize the FDD business. While weak industry volumes and excess capacity still give us concern, it appears the bias on fundamentals is positive.
For further information on Dean Foods or other stocks and bonds we offer, contact our offices on 25688688.
Good day and happy trading!
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting