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Hueners Hall Romo Prosise LLC

Email Addresses:

Daryl.Romo@LFG.com
Clay.Prosise@LFG.com
Bill.Hueners@LFG.com

Our Office Location

Hueners Hall Romo Prosise LLC

4241 B. Street
Suite 305
Anchorage, AK 99503
ph: 907.561.3187
fax: 907.561.5028
toll free: in AK 1-800-478-8327

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Latest News

Financial and Economic Brief - January 9, 2017

• Service Sector Growth Slows - Growth in non-manufacturing economic activity continued to fall in December, after dropping more than expected in November.

• GoPro Cutting 20% of Staff - GoPro is shutting down its drone business and cutting 20% of its staff after “weak demand” for its products.

• S&P, Dow Trade Lower on Monday - The S&P 500 and the Dow were trading lower on Monday, as losses in healthcare and financial stocks hindered Wall Street’s strongest start to a year in a decade.

Financial and Economic Brief - January 3, 2017

• Small Business Hiring Slows - The Small Business Jobs Index closed 2017 at 99.70 after falling 0.16% in December and 0.78% for the year.

• Oil above $60 a Barrel - U.S. crude oil prices rose 1% Friday to more than $60 a barrel, the highest close since June of 2015.

• First Trading Day, Indexes Higher - Wall Street’s main indexes were higher today, the first trading day of the year, lifted by gains in technology and consumer discretionary stocks.

Financial and Economic Brief - December 19, 2017

• Industrial Production Rises - U.S. industrial production rose 0.2% in November due to a rebound in extracting oil and natural gas after a stoppage during hurricane season.

• Campbell Acquires Snyder’s - Campbell Soups is set to acquire Snyder’s-Lance in a $4.9 billion deal. The deal will almost double Campbell Soup's baked-snacks revenue.

• U.S. Stock Indexes Hit Record Highs - The major U.S. stock indexes hit record highs on Monday, as the tax bill looked set to be passed into law with its $11 billion in corporate deal making. The tax bill, aims to lower corporate taxes to 21% from 35%.

Financial and Economic Brief - December 12, 2017

• Powell’s Early Policy Views - Jerome Powell appears set to let the tax cut “run its course” through the economy as weak growth in wages and inflation promote his view that the economy remains “underpowered”.

• November Jobs Report Strong - According to the November jobs report released on Friday, employers added 228,000 jobs in November and the unemployment rate remained at 4.1%.

• Launch of Bitcoin Futures - Derivatives exchange Cboe Global Markets launched its bitcoin futures late yesterday, marking the first time investors could get access to the market via a mainstream regulated exchange.

Financial and Economic Brief - December 5, 2017

• Mixed Numbers for Automakers - Major automakers posted mixed U.S. November new vehicle sales on Friday and predicted a competitive December as they rushed to sell vehicles and lift their 2017 numbers.

• CVS to Buy Aetna - CVS Health is buying Aetna for $69 billion in cash and stock in a deal that “reflects a rapidly shifting health care landscape”.

• Upcoming Fed Rate Hikes - The U.S. Federal Reserve is “almost certain” to raise interest rates later in December, a majority of whom also now expect three more rate rises in 2018.

Financial and Economic Brief - November 28, 2017

• Consumer Sentiment Rose More Than Expected - U.S. consumer sentiment saw “slight” gains in November compared to the mid-month reading, though the index remained below the decade high reached in October.

• Publisher of Time Agrees to Be Sold - The publisher of Time, People and Sports Illustrated agreed yesterday to be sold to another big magazine publisher, Meredith.

• New Home Sales at 10-Year High - Sales of new U.S. single-family homes unexpectedly rose 6.2% in October, to a seasonally adjusted annual rate of 685,000 units, amid strong demand across the country.