U.S. Morning Call: San Fran Fed head see no need for action
Monday, April 30, 2012 - 01:55
April 30 - San Francisco Fed President John Williams tells a Germany daily he sees no need for further monetary measures.
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Here's -- morning office Monday don't expect more stimulus from the Fed at least according. 21 voting member of the Fed's policy committee. -- Francisco fed president John Williams telling Germany's financial daily. Candles flat he sees no need. For further monetary measures. Williams says he's more optimistic about the economy now than in January according to improvement in US consumption and available income as well positive signs that property market. He did express concerns of the worst was not over for here. We'll get more details on personal income and spending when march data comes out this morning. Also look at midwest manufacturing the Chicago purchasing managers index for April. Is out at 945. Thomson Reuters IFR markets predicting a smaller decline and the consensus but still sees the index remaining strong with room for more growth. In on it to me and pipeline operator Energy Transfer Partners is buying -- -- -- five point three billion dollars in stock and cash as part of its plan. To focus on transporting more crude oil. And refined products amid falling natural gas prices the offer works out to fifty dollars and thirteen cents per share 822%. Premium. To -- as of Friday close. Looks like Amazon and apple have another digital book competitor Microsoft is investing 300 million dollars in new Barnes & Noble unit. Giving it a one point seven billion dollar valuation. The division will bring together the digital and college businesses of the book retailer -- companies also say they've settled their patent litigation. Stocks to watch today cleared the New York Stock Exchange Euronext its profit fell by almost a third in the first quarter. Do -- trading slowdown in costs related to the failed merger with Germany's Deutsche Boerse. And Humana health -- posting it lower profit. Missing forecasts because of higher medical benefit costs however it did raise the range of its 2012 earnings forecast. That's my call this Monday and Jen Rogers this is borders and there.
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