Montreal,Quebec,January27th, 2011– Hilbroy Advisory Inc.(DeutcheBörse: 2H0) End of the day, market wrap up.
The Nasdaq scored a solid gain following a few exceptional quarterly reports but the Dow and S&P 500 had a not-so-impressive close.
Nasdaq Composite was helped by Netflix (NFLX 210.87, +27.84) and Qualcomm (QCOM 54.90, +3.04) which beat bottom line and reported upside forecasts. The Nasdaq was pushed to a session high after Microsoft(MSFT 28.87, +0.09) posted an upside earnings surprise. The announcement helped S&P 500 clear 1300 and the Dow eclipse 12,000 but they did not stay there for long.
Murphy Oil (MUR 65.74, -7.49) failed to meet the consensus earnings expectations. Starbucks (SBUX 33.03, -0.04) beat expectations, but issued downside guidance.
Stronger-than-expected earnings from Caterpillar (CAT 96.63, +0.88),AT&T (T 28.13, -0.60), and Procter & Gamble (PG 64.18, -1.93), as well as upside surprises from the likes of Eli Lilly (LLY 35.47, +0.52) and Colgate-Palmolive (CL 77.39, -2.61) failed to drive the broader markets.
The yen fell steeply 0.9% to 82.90 yen per dollar after S&P’s downgrade of Japan’s debt to AA- from AA. Euro reported a narrow gain. The Dollar Index was down fractionally at the end of the trading day.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
[email protected]
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as “anticipates”, “believes”, “could”, “expects”, “intends”, “may”, “should” and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
