The Market, Jobs, And Energy Page, T+27 -- February 16, 2017

Jobs: great jobs report. Continuing the Trump trend. From Business Insider:

• rose less than expected
• 239,000 vs forecast of 245,000
• four-week moving average: 245,250 (an increase of 500 from previous week)
• 102nd consecutive week that the reading came in below 300,000
• fewer than 240,000 for five out of last seven weeks (post-Trump election)
• significant: claims had not gone below 240,000 even once from December, 1972, to December, 2016

WMB: earnings are out. Earnings and revenues beat estimates. EPS, 17 cents, vs 16 cents forecast. Revenues of $2.198 billion handily beat forecasts of $1.889 billion.

Flowserve: net income, 50 cents/share; adjusted, 72 cents/share; average estimate was 65 cents/share. 4Q16 net income, $65.1 million; full year profit at $145.1 million.

************************

Sounds Like A Beat

MRO: earnings are out. EPS, a loss of $1.62 per share; adjusted, came to 10 cents/share. It's a bit confusing, the following statement at the linked article:

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

But then this:

The energy company posted revenue of $1.39 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.19 billion.

*************************

Keystone XL: TransCanada files Keystone XL route application in Nebraska. Quick: when did President Trump meet with Canadian Prime Minister Justin Trudeau?  If you guessed three days ago, you were correct. Quick: guess what they talked about?