Major Economic Releases
(All times are Pacific):
Tuesday
5:30 a.m. Trade Balance Oct
7 a.m. Wholesale Inventories Oct
Wednesday
4 a.m. MBA Mortgage Index 12/08
5:30 a.m. Export Prices ex-ag. Nov
5:30 a.m. Import Prices ex-oil Nov
7:30 a.m. Crude Inventories 12/08
9:30 a.m. FOMC Rate Decision Dec
11 a.m. Treasury Budget Nov
Thursday
5:30 a.m. Initial Claims 12/08
5:30 a.m. Continuing Claims 12/01
5:30 a.m. Retail Sales Nov
5:30 a.m. Retail Sales ex-auto Nov
5:30 a.m. PPI Nov
5:30 a.m. Core PPI Nov
7 a.m. Business Inventories Oct
Friday
5:30 a.m. CPI Nov
5:30 a.m. Core CPI Nov
6:15 a.m. Industrial Production Nov
6:15 a.m. Capacity Utilization Nov
Barometer
Consumer Price Index (CPI): +0.1% in Oct 2012
Unemployment Rate: 7.9% in Oct 2012
Payroll Employment: +171,000(p) in Oct 2012
Average Hourly Earnings: -$0.01(p) in Oct 2012
Producer Price Index (PPI): -0.2%(p) in Oct 2012
Employment Cost Index (ECI): +0.4% in 3rd Qtr of 2012
Productivity: +2.9%(r) in 3rd Qtr of 2012
U.S. Import Price Index: +0.5% in Oct 2012
U.S. Export Price Index: unchanged in Oct 2012
IPOs Planned
The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.ipohome.com) and SEC filings.
Audeo Oncology Inc. - San Francisco, 3.3 million shares, priced $14 to $16, managed by Leerink Swann and Oppenheimer. Proposed Nasdaq symbol AURX. Business: A late stage biopharmaceutical company primarily focused on utilizing Hyaluronic Acid Chemotransport Technology, or HyACT, to target cancer drugs preferentially to tumor cells to enhance drug activity.
PBF Energy Inc. - Parsippany, N.J., 16.5 million class A shares, priced $25 to $27, managed by Citigroup, Morgan Stanley, and Credit Suisse. Proposed NYSE symbol PBF. Business: One of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States.
Silver Bay Realty Trust - Minnetonka, Minn., 13.3 million shares, priced $18 to $20, managed by Credit Suisse, BofA Merrill Lynch, and J.P. Morgan. Proposed NYSE symbol SBY. Business: REIT focused on the acquisition, leasing and management of residential properties.
SolarCity Corp. - San Mateo, Calif., 10.1 million shares, priced $13 to $15, managed by Goldman Sachs, Credit Suisse, and BofA Merrill Lynch. Proposed Nasdaq symbol SCTY. Business: Leases and installs solar energy systems for homes and businesses.
Port calls this week
Cargo vessels
Barge Hana -- Arrive: 12/11, Depart: 12/12, Last Port: Longview, Wash., Berth: 24-11, Cargo: Lumber, Stevedore: SAUSE, Agent: SAUSE, Line: SAUSE, Flag: US
Sunlight Ace -- Arrive: 12/12, Depart: 12/12, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: MIT, Flag: BHS
Hoegh Transit -- Arrive: 12/13, Depart: 12/13, Last Port: Port Hueneme, CA, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: GLOVIS, Flag: NOR
Chang Tai Hong -- Arrive: 12/14, Depart: 12/14, Last Port: Ulsan, Korea, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: ECC, Flag: HKG
Dole Ecuador -- Arrive: 12/15, Depart: 12/18, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Hoegh Beijing -- Arrive: 12/16, Depart: 12/16, Last Port: Port Hueneme, CA, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: GLOVIS, Flag: NOR
Cruise ships
None scheduled
Definitions -- Stevedore: Manages the operation of loading or unloading a ship. Agent: Manages the contracts, logistics. Line: Shipping line that owns the ship. Flag: Nation the ship is flagged under. Source: San Diego Marine Information System