| The KUIK Morning Market Report for Friday, April 18: | |||||||
| Markets are closed in honor of Good Friday, but here are a few of the stories we’re following. | |||||||
| Nike was granted more than 540 patents by the U.S. Patent and Trademark Office in 2013, up 60% from 340 in 2012, according to Macquarie analyst Laurent Vasilescu, who upgraded the stock to outperform from neutral last week. The total number of patents granted to Nike has risen an average of 14% every year since 2000. | |||||||
| President Obama gave a briefing yesterday at the White House announcing eight million people have signed up under the Affordable Care Act and blasted Republican efforts to repeal the law. | |||||||
| A former employee of BP was charged with insider trading during the Deepwater Horizon oil spill by the Securities and Exchange Commission. Keith Seilhan, who was coordinating BP’s oil collection and clean-up operations, allegedly directed the sale of his family’s $1 million in BP stock in late April 2010, when he knew size oil spill was larger than the flow rate of 5,000 barrels of oil a day that was estimated by the company, according to SEC. The flow rate was found to be between 52,700 and 62,200 barrels a day. Without admitting or denying the allegations, Seilhan agreed to return $105,409 of alleged ill-gotten gains and $13,300 of prejudgment interest and pay a $105,409 penalty. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/behindthestorefront/2014/04/17/nike-was-awarded-540-patents-in-2013-heres-what-that-means-for-investors/ | |||||||
| http://live.wsj.com/video/obama-eight-million-enrolled-under-affordable-care-act-2014-04-17/6EC5B6A6-AB14-4AE3-AC99-4FDD59E79FE9.html#!6EC5B6A6-AB14-4AE3-AC99-4FDD59E79FE9 | |||||||
| http://www.marketwatch.com/story/ex-bp-employee-charged-with-insider-trading-during-spill-2014-04-17 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||