The Traderszone Network

Agency-only execution and research broker Burke and Quick Partners has launched its own equity research platform and has hired veterans Stephen Bersey, Michael Taiano, and Frederick Moran as senior research analysts.

The monthly Job Openings and Labor Turnover Survey, or Jolts, is favored data for Janet L. Yellen, the Fed chief. And in it she sees continuing signs of a weak labor market.

Paul Schatz of Heritage Capital on why he still thinks the dollar is king

Coca-Cola Co (KO.N) said Thursday it is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp (MNST.O) as the world’s largest soda maker seeks to expand into faster-growing categories such as energy drinks. Under the agreement, Coke will have two directors on Monster’s board. Coke will transfer ownership of its worldwide energy business including brands like Full Throttle and Burn, to Monster. Monster will transfer its non-energy business, which includes Hansen’s Natural Sodas and Peace Tea, to Coke.

U.S. producer prices rose marginally in July as a decline in the cost of energy goods offset higher food prices, pointing to a moderation of inflation pressures at the factory gate. The Labor Department said on Friday its producer price index for final demand edged up 0.1 percent after a 0.4 percent rise in June. Producer inflation data has been volatile since the government revamped the PPI series at the start of the year to include services and construction.

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U.S. industrial production edged higher in July, as production of auto parts and motor vehicles jumped.

H&Mand Carillion shares are among notable equity movers in Europe on Friday.
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