12.5.15

Page 7

MARKET WATCH

12.05.2015 • Saturday • M 1

St. LOuIS POSt-dISPatCH • A7

TRACK YOUR STOCKS AND GET THE LATEST NEWS • STLTODAY.COM /BUSINESS Stocks surged Friday, propelling the market to its biggest gain since September. The Labor Department reported that employers added 211,000 jobs in November. The job gains open the way for the Federal Reserve to begin raising interest rates later this month.

Avon Products

15

3

10

O 52-week range

70

N

Dow Jones industrials

17,660

Close: 17,847.63 Change: 369.96 (2.1%)

$112.22

2,080

Close: 2,091.69 Change: 42.07 (2.1%)

2,160

17,600

2,080 2,000

16,000

1,920

$9.35

J

J

A

Vol. (in mil.) Pvs. Volume Advanced Declined New Highs New Lows

NASD 1,852 2,029 1835 960 59 110

4,135 4,197 2041 1068 44 199

O

CHG

Corn

Dec 15 Jan 16 Dec 15

376.25 906 471.25

+6 +8.50 +6.50

Wheat CHICAGO MERC

DATE

CLOSE

CHG

Feeder cattle

Jan 16 Dec 15 Dec 15 Dec 15 Dec 15

159.45 124.27 57.05 14.61 207.40

-.30 -1.43 -1.30 -.06 +1.80

ICE

DATE

CLOSE

CHG

Cotton

Dec 15 Dec 15 Jan 16

63.23 124.00 26.00

+1.37 +1.95

NEW YORK

DATE

CLOSE

CHG

Crude oil

Jan 16 Jan 16 Jan 16 Jan 16

39.97 1.2702 134.24 2.186

-1.11 -.0261 -1.62 +.005

Hogs Copper

J

J

A

S

O

N

DOW DOW Trans. DOW Util. NYSE Comp. NASDAQ S&P 500 S&P 400 Wilshire 5000 Russell 2000

HIGH 17866.47 7963.91 561.46 10417.76 5147.00 2093.84 1450.31 21699.93 1183.82

LOW 17482.68 7831.52 553.03 10264.96 5043.49 2051.24 1431.95 21298.13 1170.49

CLOSE 17847.63 7954.83 561.20 10408.86 5142.27 2091.69 1449.08 21678.17 1183.39

CHG. +369.96 +69.01 +9.27 +151.48 +104.74 +42.07 +17.34 +380.04 +12.83

%CHG. WK +2.12% s +0.88% t +1.68% t +1.48% t +2.08% s +2.05% s +1.21% t +1.78% t +1.10% t

MO QTR t s t s s s t s t s t s t s t s t s

YTD +0.14% -12.97% -9.20% -3.97% +8.58% +1.59% -0.23% +0.04% -1.77%

Sugar

Gas blend Heating oil Natural gas

NAME

TKR

Aegion

AEGN

15.31

YTD% 1YR% CLOSE CHG %CHG CHG RTN P/E DIV NAME

ISLE

7.12

21.43 14.72 +.19 +1.3 +75.9 +89.2 26

...

1.17

-.01 -0.8 -36.4 -27.6 dd

... LMI Aerospace

LMIA

9.20

14.79 10.08

...

AHPI

1.14 45.57

61.46 57.20 +1.04 +1.9 +22.6 +17.5 20 0.78f Laclede Group

Ameren

AEE

37.26

48.14 43.34 +1.09 +2.6

-6.0 +0.1 16 1.70f

American Railcar

ARII

33.02

60.42 53.81

+4.5

Arch Coal Inc

ACI

0.80

Belden Inc

BDC

44.58

1.90

-.48 -0.9

-1.6 10

1.60

-.12 -9.3 -93.4 -93.6 dd

...

95.56 59.72 +.66 +1.1 -24.2 -20.8 81

0.20

22.45

1.17

Lee Ent

LEE

1.36

Mallinckrodt

MNK

52.01 134.26 74.73 +2.53 +3.5 -24.5 -20.9

Monsanto Co

MON

81.22 126.00 97.85 +1.30 +1.3 -18.1 -18.5 21 2.16f

Olin

OLN

15.73

34.34 21.50 +.08 +0.4

-5.6 -13.5 23

0.80

Panera Bread

PNRA 153.00 208.00 185.68 +2.98 +1.6

+6.2 +10.5 32

...

23.00 13.13 +.29 +2.3 -34.7 -35.4 12

Caleres

CAL

26.15

33.83 29.16 +.49 +1.7

-9.3 -12.4 15

CassInfo

CASS

43.00

59.09 52.91 +.47 +0.9

-0.6 +8.7 27 0.88f PeabdyE rs

Centene

CNC

48.16

83.00 58.69 +1.86 +3.3 +13.0 +11.8 21

Commerce Banc.

CBSH

37.65

47.11 45.79 +.97 +2.2 +10.6 +12.5 17 0.90b Perficient

Edgewell

EPC

72.44 107.38 79.06 +.55 +0.7 -17.0 -18.1 16

Emerson

EMR

42.21

65.16 49.17 +.59 +1.2 -20.3 -21.7 12 1.90f

Energizer Holdings

ENR

32.08

44.52 34.20 +1.00 +3.0

Enterprise Financial EFSC

18.80

30.73 29.70 +.38 +1.3 +50.5 +54.4 20 0.32f

Esco Technologies

ESE

33.62

39.98 39.33 +.57 +1.5

+6.6 +9.3 25

0.32

Express Scripts

ESRX

68.06

94.61 86.65 +1.97 +2.3

+2.3 +0.5 27

...

First Clover Leaf

FCLF

8.38

9.89

9.07

Foresight Energy

FELP

3.33

18.73

2.85

FutureFuel

FF

9.11

16.08 14.41 +.26 +1.8 +10.7 +16.5 13

2.81

4.12

...

...

-2.3

...

+3.5 +2.3

-.79 -21.7 -83.1 -71.0

3.68 +.02 +0.5

+9.9 +9.3

0.28

... Peak Resorts

8

0.24

SKIS

1.75

10.29 150.60 10.09 5.76

8.98

...

... -52.4 -52.4

5

...

-.66 -6.1 -91.3 -92.1 dd

7.50 +.01 +0.1

...

-6.3 +1.0

21.57 17.81 +.09 +0.5

-4.4 +1.0 27

...

POST

38.95

71.39 67.58 +1.22 +1.8 +61.3 +59.5 dd

...

Pulaski Financial

PULB

11.50

17.25 16.95

ReinsGrp

RGA

81.82

98.70 92.91 +1.86 +2.0

Reliv

RELV

0.57

Stereotaxis

STXS

Stifel Financial

SF

... WldPntTm

.63

1.40

-.06 -0.4 +37.5 +50.0 15 +6.0 +6.6 11

-.05 -7.1 -46.1 -44.1

0.65

Victims of Martin Sigillito’s massive Ponzi scheme have failed in an effort to recover losses from two banks. U.S. District Judge Linda Reade in Iowa last month tossed out a suit by 56 victims against St. Louis Bank, which is based in Town and Country. In October, she had ruled against 91 victims in a suit against PNC Bank. The judge found no convincing evidence that the banks knew about the fraud being committed in bank accounts controlled by Sigillito, and so couldn’t be held responsible. Sigillito, a Clayton lawyer and investment adviser, was sentenced to 40 years in federal prison and ordered to repay $34 million in restitution in 2012. Sigillito was a bishop of the American Anglican church. He

BUSINESS DIGEST Pericient acquires Enlighten • Pericient Inc., an information technology and management consulting irm based in Town and Country, said Friday that it had acquired Enlighten, a digital marketing agency. Enlighten, based in Ann Arbor, Mich., has $12 million in annual revenue. The companies did not announce the deal’s terms. Pericient said the acquisition added to the company approximately 75 consulting, digital agency, technology, sales and support professionals. Gateway buys Canadian website • Gateway Media, based in Clayton, has acquired Tickld, a Toronto-based website that includes popular viral content. Terms of the deal were not disclosed. Gabe Douek, Gateway’s chief executive, said in a statement that Tickld would expand the reach of his company’s current sites and help it gain a new and growing audience. Tickld’s 14 full-time employees will remain in Toronto. Kasey Grelle, Gateway’s director of corporate development, said Friday that the company had grown to 91 employees from fewer than 20 when

it was formed in January 2013. Gateway was spun of from Answers.com, a University City-based heavyweight in question and answer websites. The split came after Answers was acquired by U.K.-based private equity irm Apax Partners. Gateway operates websites focused on packaging and sharing online content. In June, Gateway acquired Cinemablend.com, an entertainment website for reviews and coverage of the movie, television and gaming industries. Chipotle outbreak spreads • An outbreak of E. coli linked to Chipotle restaurants has sickened seven more people and expanded to three additional states. The Centers for Disease Control and Prevention said 52 cases had been reported in nine states, including Illinois, Maryland and Pennsylvania. At the end of October, cases had been reported in Oregon and Washington. Additional cases were later reported in California, Minnesota, New York and Ohio. The CDC website didn’t provide details of the Illinois outbreak. However, health oicials with St. Clair County, where the chain’s only

CHG

CLOSE

1084.50 14.51 880.60

Gold Silver

+22.80 +.46 +33.10

3.25 3.25 3.25

40.52

1.01

59.93 45.19 +.89 +2.0 -11.4 -11.2 18

...

SUNE

2.55

33.45

3.64

-.13 -3.4 -81.3 -82.3 dd

...

SEMI

8.13

27.93

8.82

-.14 -1.6 -52.5 -52.7

...

WPT

12.00

lito’s wrongdoing based on a recitation of piecemeal transactions would result in a bank being held liable for virtually any wrongdoing involving accounts held at that bank,” the judge wrote. The case against the banks never went to trial. Instead, the judge issued a summary judgment based on filings submitted by all sides. The case against PNC was brought because of accounts held at Clayton-based Allegiant Bank, which PNC had purchased. Sigillito was controlling individual retirement accounts for his clients at Allegiant, and those accounts held alleged loans for British real estate. Allegiant bankers concluded that such loans shouldn’t be held in IRAs because they would be hard to sell for cash. They told Sigillito to move the accounts out of the bank in 2001. Jim Gallagher • 314-340-8390 jgallagher@post-dispatch.com

Metro East store is situated, say they have no reports of the illness. Of the 52 people infected, the CDC says 47 reported eating at a Chipotle Mexican Grill in the week before the illness started. The agency has not determined the ingredient responsible. Shares dipped 0.7 percent on the news. The shares later tumbled nearly 8 percent in after-hours trading after Chipotle warned that sales at established restaurants could drop 8 to 11 percent for the fourth quarter from a year earlier. Tuna merger of • Chicken of the Sea and Bumble Bee have called of their merger after the administration of President Barack Obama told the companies it would hurt competition in the canned tuna market. The Justice Department announced Friday the deal, announced a year ago between Thailand’s largest seafood company and San Diegobased Bumble Bee Foods, was of. If Thai Union Group, owner of Chicken of the Sea, had bought Bumble Bee, it would have combined the secondand third-largest sellers of tinned tuna in the U.S. From staf and wire reports

1YR AGO

3-month T-bill 6-month T-bill 52-wk T-bill 2-year T-note 5-year T-note 10-year T-note 30-year T-bond

.21 .47 .57 .97 1.71 2.27 3.01

+0.01 +0.03 +0.03 ... -0.03 -0.05 -0.05

.01 .07 .12 .54 1.57 2.24 2.94

NET 1YR LAST CHG AGO

.13 .13 .13

Barclays LongT-BdIdx

2.83 -0.05 2.78

Bond Buyer Muni Idx

4.28

Barclays USAggregate

2.57 +0.10 2.26

... 4.33

Barclays US High Yield 7.99 +0.06 6.36 Moodys AAA Corp Idx

4.06 +0.17 3.92

Barclays CompT-BdIdx

1.65 -0.03 1.88

Barclays US Corp

3.58 +0.12 3.11

GlobalMarkets

...

-.02 -0.2 -36.0 -27.1 14

NET CHG

1.48

...

21.25 12.87

LAST

BONDS

PRIME FED RATE FUNDS YEST 6 MO AGO 1 YR AGO

TREASURIES

0.38

-.03 -2.9 -31.8 -34.2 dd

2.97

Judge tosses suits in banking Ponzi scheme preyed on church members and others in what federal prosecutors called the biggest Ponzi scheme ever in eastern Missouri. His clients thought they were investing in British real estate lending, while Sigillito was spending their money, prosecutors said. He was using money from new investors to pay of old investors — a classic Ponzi operation. According to a lawsuit against St. Louis Bank, investors gave as much as $1 million at a time to Sigillito, who deposited it in the bank, where he had four diferent accounts and a loan. The judge noted that the victims had authorized Sigillito to handle their investments. Under Missouri fiduciary law, a bank isn’t responsible for actions taken by such a representative absent knowledge of a crime. “Concluding that the bank must have known about or was somehow responsible for Sigil-

.1029 .7349 .2659 1.5155 .7497 .1563 1.0975 .0150 .2599 .008176 .059827 .0148 .0697 .000863 1.0121

PreciousMetals

INDEX

0.24 SunEdison Semi

PREV

.1028 .7339 .2664 1.5101 .7474 .1562 1.0871 .0150 .2622 .008115 .060022 .0147 .0697 .000860 1.0031

NEW YORK

The yield on the 10-year Treasury fell to 2.27 percent Friday. Yields affect rates on mortgages and other consumer loans.

0.55

1.20

Dividend Footnotes: a - Extra dividends were paid, but are not included. b - Annual rate plus stock. c - Liquidating dividend. e - Amount declared or paid in last 12 months. f - Current annual rate, which was increased by most recent dividend announcement. i - Sum of dividends paid after stock split, no regular rate. j - Sum of dividends paid this year. Most recent dividend was omitted or deferred. k - Declared or paid this year, a cumulative issue with dividends in arrears. m - Current annual rate, which was decreased by most recent dividend announcement. p - Initial dividend, annual rate not known, yield not shown. r - Declared or paid in preceding 12 months plus stock dividend. t - Paid in stock, approximate cash value on ex-distribution date. PE Footnotes: q - Stock is a closed-end fund - no P/E ratio shown. cc - P/E exceeds 99. dd - Loss in last 12 months.

BY JIM GALLAGHER St. Louis Post-dispatch

Argentina Australia Brazil Britain Canada China Euro India Israel Japan Mexico Russia So. Africa So. Korea Switzerland

...

14.90

4 0.68m SunEdison

3

BTU

3.93

+8.5 +14.8 18 1.96f

PRFT

... Post Holdings

1.00

59.38 57.71 +.71 +1.2

49.07

11.76

...

-.01 -0.1 -28.5 -28.9 84

LG

Build-A-Bear Wkshp BBW

$129.19

FOREIGN CURRENCY IN DOLLARS CLOSE

YTD% 1YR% CLOSE CHG %CHG CHG RTN P/E DIV

... Isle of Capri

DOX

Huttig Building Prod HBP

TKR

N

PE: 24.3 Yield: ...

Interestrates Interestrates 52-WK LO HI

-.07 -0.3 +13.6 +15.0 16

Allied Health

$44.45

Platinum

22.41 21.14

Amdocs

O 52-week range

Vol.: 9.2m (3.4x avg.) Mkt. Cap: $1.8 b

Chicago BOT is in cents.

LocalStocks 52-WK LO HI

S

ExchangeRates

CLOSE

Soybeans

10 DAYS

1,840

N

$29.00

DATE

Coffee

StocksRecap NYSE

S

40

N

CHICAGO BOT

Milk

15,200

O 52-week range

Vol.: 9.5m (6.3x avg.) PE: 454.1 Mkt. Cap: $765.69 m Yield: 6.0%

Live cattle

16,800

S

Futures

S&P 500

18,400

60

5

N

Vol.: 5.8m (2.3x avg.) PE: 16.7 Mkt. Cap: $27.49 b Yield: 2.6%

2,120

2,040

10 DAYS

O 52-week range

$72.10

$10.20

Vol.: 27.0m (2.2x avg.) PE: ... Mkt. Cap: $1.84 b Yield: 5.7%

17,920

S

AMBA

Close: $56.93 -0.95 or -1.6% The video-compression chipmaker gave a forecast for fourth-quarter revenue and earnings that fell short of analysts’ expectations. $80

$20

80 S

Ambarella

BKS

Close: $10.04 -2.01 or -16.7% The book retailer reported a loss for its latest quarter, hurt by weakening sales trends at its stores and online.

4 2

Charts show stocks that made the news yesterday.

Barnes & Noble

NSC

Close: $92.06 -1.05 or -1.1% The railroad operator rejected Canadian Pacific’s proposal to combine the companies in a deal worth more than $28 billion. $100 90

$2.41

17,400

Norfolk Southern

AVP

Close: $4.22 0.23 or 5.8% The beauty products company is talking with Cerberus Capital Management about a potential deal, according to media reports. $5

S&P 500 Frankfurt DAX London FTSE 100 Hong Kong Hang Seng Paris CAC-40 Mexico City Bolsa Tokyo Nikkei 225 Sao Paolo Bovespa Toronto Zurich

LAST 2091.69 10752.10 6238.29 22235.89 4714.79 42994.23 19504.48 45360.70 13358.77 8802.89

CHG

CHG

YTD

+42.07 -37.14 -36.71 -181.12 -15.42 -33.07 -435.42 -1032.56 +34.10 -49.25

+2.05% -0.34% -0.58% -0.81% -0.33% -0.08% -2.18% -2.23% +0.26% -0.56%

+1.59% +9.65% -4.99% -5.80% +10.35% -0.35% +11.77% -9.29% -8.70% -2.01%

Jobs report is a green light for Fed interest rate rise BY LUCIA MUTIKANI reuters

WASHINGTON • U.S. em-

ployment increased at a healthy pace in November, in another sign of the economy’s resilience, and will most likely be followed this month by the first Federal Reserve interest rate rise in a decade. Nonfarm payrolls rose 211,000 last month, the U.S. Labor Department said on Friday. September and October data were revised to show 35,000 more jobs than previously reported. Analysts polled by Reuters were expecting to see a November gain of 200,000 jobs. The unemployment rate held at a 7½-year low of 5.0 percent, as people returned to the labor force in a sign of confidence in the jobs market. The jobless rate is in a range many Fed oicials see as consistent with full employment and has dropped seven-tenths of a percentage point this year. “The employment report should remove the final doubts about a rate hike at the December meeting. The clear message from the labor market to the Fed is: ‘Just do it!’” said Harm Bandholz, chief U.S. economist at UniCredit Research in New York. The Fed will meet Dec. 1516 to decide on whether to raise rates. Stocks rallied on the news Friday, giving the S&P 500 its biggest gain since early September. The Dow Jones industrial average rose 369.96 points, or 2.12 percent, to 17,847.63, the S&P 500 gained 42.07 points, or 2.05 percent, to 2,091.69 and the Nasdaq Composite added 104.74 points, or 2.08 percent, to 5,142.27.

The second month of strong job gains should allay fears the economy has hit a soft patch. A strong U.S. dollar and spending cuts by energy companies have been headwinds to the economy. Though wage increases slowed last month, economists say that was mostly payback for October’s outsized gains, which were driven by a calendar quirk. Anecdotal evidence, as well as data on labor-related costs, suggest that tightening job market conditions are starting to put upward pressure on wages. “Payroll gains were despite continued weakness in manufacturing and energy sectors, suggesting little spillover into the rest of the economy,” said Samuel Coffin, an economist at UBS in Stamford, Conn. Average hourly earnings increased 4.0 cents, or 0.2 percent, from 0.4 percent in October. That lowered the year-on-year reading to 2.3 percent from 2.5 percent in October. The average workweek, however, dipped to 34.5 hours from 34.6. Other labor market measures watched by Fed oicials were mixed. The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, rose to 62.5 percent from a near 38year low of 62.4 percent. But a broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find fulltime employment rose onetenth of a percentage point to 9.9 percent. That reflected an increase in part-time workers.