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13:00
12/01/16
12/01
13:00
12/01/16
13:00

Atlanta Fed's Q4 GDPNow estimate revived to 2.9%

Atlanta Fed's Q4 GDPNow estimate revived to 2.9% from 2.4% following the latest rounds of data: "The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2016 is 2.9 percent on December 1, up from 2.4 percent on November 30. After this morning's construction spending report from the U.S. Census Bureau, the forecasts of fourth-quarter real residential investment growth and real government spending growth increased from 7.1 percent to 12.4 percent and 0.1 to 0.6 percent, respectively. The forecast of real nonresidential structures investment growth fell from 1.4 percent to -3.4 percent after the same report. The forecasts of real consumer spending growth and real nonresidential equipment investment growth increased from 2.2 percent to 2.5 percent and 4.6 to 6.6 percent, respectively, after this morning's Manufacturing ISM Report on Business from the Institute of Supply Management and the incorporation of earlier released November data in the model's estimate of its dynamic economic activity factor. The factor is used to forecast yet-to-be released monthly source data for GDP." The next GDPNow update is Tuesday, December 6. For more, see the Atlanta Fed's GDPNow website.

TODAY'S FREE FLY STORIES

04:40
06/27/17
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General news
FX Action: USD-JPY clocked a fresh low of 111.46 »

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03:55
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Conference/Events
Federal Reserve Bank President of San Francisco speaks on global growth »

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03:50
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Breaking General news story  »

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02:35
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FX Update: The dollar majors remained in fairly narrow ranges »

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NXTM

NxStage Medical

$23.46

0.13 (0.56%)

21:43
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NxStage Medical initiated at Craig-Hallum »

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General news
Treasury Closing Summary: »

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BL

BlackLine

$37.80

-0.26 (-0.68%)

20:56
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BlackLine initiated at SunTrust »

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ULTI

Ultimate Software

$221.91

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Ultimate Software initiated at SunTrust »

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CRM

Salesforce

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-0.51 (-0.58%)

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EVBG

Everbridge

$24.66

-0.3 (-1.20%)

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RNG

RingCentral

$37.65

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WK

Workiva

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HUBS

HubSpot

$68.20

-0.7 (-1.02%)

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HUBS

HubSpot

$68.20

-0.7 (-1.02%)

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HubSpot initiated at SunTrust »

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QTWO

Q2 Holdings

20:55
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Q2 Holdings initiated at SunTrust »

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INST

Instructure

$29.55

0.4 (1.37%)

20:55
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Initiation
Instructure initiated at SunTrust »

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MANH

Manhattan Associates

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Initiation
Manhattan Associates initiated at SunTrust »

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PCTY

Paylocity

$47.39

-1.65 (-3.36%)

20:55
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Paylocity initiated at SunTrust »

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SHOP

Shopify

$92.04

-2.44 (-2.58%)

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Shopify initiated at SunTrust »

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LH

LabCorp

$152.30

0.68 (0.45%)

20:10
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Downgrade
LabCorp rating change at KeyBanc »

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ATXI

Avenue Therapeutics

20:06
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Syndicate
Avenue Therapeutics 5.5M share IPO priced at $6.00 »

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NXPI

NXP Semiconductors

$109.73

-0.25 (-0.23%)

20:05
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Hot Stocks
NXP Semi collaborates with Shanghai Unicom, roam2free on eSIM solution »

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PDCE

PDC Energy

$42.88

-1.84 (-4.11%)

19:21
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PDC Energy CEO 'disappointed' with Clean Air Act complaint »

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MRIN

Marin Software

$1.18

0.025 (2.17%)

19:17
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Hot Stocks
Marin Software names Brad Kinnish CFO »

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GM

General Motors

$34.52

0.32 (0.94%)

19:15
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Earnings
General Motors: Previous FY17 EPS view unchanged »

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