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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 19th, 2015

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data reports were mixed. Retail sales picked up in March, following a weak trend in the three previous months. Industrial production fell 0.6%, reflecting a plunge in oil and gas drilling and a decrease in the output of utilities (more normal temperatures).

Manufacturing output edged up 0.1%, with mixed results across industries. Building permits and housing starts fell in March, largely reflecting the usual volatility in the multi-family sector. Single-family permits, the key figure in the report, rose 2.1% (up 4.1% y/y).

Frazier Allen

Frazier Allen

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APSU Lady Govs Softball game against Middle Tennessee Blue Raiders cancelled

 

Austin Peay Sports Information

Austin Peay State University Lady Govs - APSUClarksville, TN – Due to wet field conditions, Austin Peay State University’s softball game versus Middle Tennessee, today at Cheryl Holt Field, has been cancelled.  The game will not be rescheduled.

This the 11th game lost to weather this spring and the ninth at home.

Austin Peay Softball game canceled due to rain. (APSU Sports Information)

Austin Peay Softball game canceled due to rain. (APSU Sports Information)

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 12th, 2015

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data calendar was thin. Stock market participants finally got their chance to react to the disappointing employment data for March (the report was released on Good Friday).

However, the negative response was brief, as the market opened lower on Monday and then quickly turned up. The markets seemed to be looking for direction through the week, but failed to find much in the early earnings reports.

Frazier Allen

Frazier Allen

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Two Clarksville artists to perform at Insights into John Wesley Work III: A Celebration of Music and Meaning

 

John Wesley Work III Memorial FoundationNashville, TN – In honor and celebration of African American scholar, composer and musicologist John Wesley Work III, the John Wesley Work III Memorial Foundation in collaboration with The Nashville (TN) Chapter of The Links, Incorporated and the Fisk University Music Discipline will sponsor a unique program titled Insights into John Wesley Work III: A Celebration of Music and Meaning Saturday, April 18th, 2015, 1:00pm at Fisk University in the Fisk Memorial Chapel, 1000 17th Avenue North, Nashville, TN.

This free event will be followed with light refreshments in the historic Victorian-style John Work House on the campus at 17th Avenue North & Meharry Boulevard. «Read the rest of this article»

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 1st, 2015

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data were mixed, but generally disappointing, consistent with first quarter GDP growth closer to 0% (growth is widely expected to pick up again in the 2Q15). Consumer confidence improved more than anticipated in March and motor vehicle sales picked up.

However, the ISM manufacturing data suggested a slowdown in the factory sector (likely related to the stronger dollar, although survey respondents continued to note West Coast port delays).

Frazier Allen

Frazier Allen

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Hilltop Super Market to hold 20th Annual Easter Egg Hunt this Saturday, April 4th

 

Hilltop SupermarketClarksville, TN – Hilltop Super Market will hold their 19th Annual Easter Egg Hunt on Saturday, April 4th, 2015 at 2:00pm. Festivities start at 11:00am.

There will be inflatables, face painting, bounce houses, festivities, games, fun, food and prizes for children of all ages. Bring your camera and take your picture with the Easter Bunny.

Hilltop Supermarket's Easter Egg Hunt to be held Saturday.

Hilltop Supermarket’s Easter Egg Hunt to be held Saturday.

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of March 31st, 2015

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data were mixed, adding little to the overall picture. Durable goods orders disappointed (again), with orders for nondefense capital goods excluding aircraft (a rough proxy for business fixed investment) down for the sixth consecutive month. Unfilled orders are falling and inventories are outpacing shipments – both are bad signs, but neither is yet at a dangerous level.

Home sales figures were mixed. The third estimate of fourth quarter GDP growth came in at 2.2%, the same as in the previous estimate. This report included corporate profit data for 4Q14, which showed a moderate increase in domestic nonfinancial corporate profits, but a sharp drop in profits from abroad.

Frazier Allen

Frazier Allen

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APSU Department of Art to hold 47th annual Student Exhibition on March 30th-April 17th

 

APSU Department of Art - Austin Peay State UniversityClarksville, TN – Austin Peay State University’s Department of Art is proud to host its annual juried student exhibition in the Trahern Gallery from March 30th through April 17th, 2015.

As the tradition of showcasing the artistic talents of the Austin Peay students enters its 47th year, this exhibition rounds out what has been an exciting 2014-2015 gallery season. «Read the rest of this article»

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of March 22nd, 2015

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – As was widely anticipated, the Federal Open Market Committee removed the “patient” language from the policy statement, but indicated that “an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting.”

The FOMC noted that “economic growth has moderated somewhat” (vs. January’s “expanding at a solid pace”). In its Summary of Economic Projections, Fed officials lowered their forecasts for GDP growth and inflation. The dots in the dot plot (expectations of the appropriate year-end level of the federal funds rate) generally moved lower, implying a lower expected path of short-term interest rates in the months ahead.

Frazier Allen

Frazier Allen

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Clarksville’s LEAP Organization’s Website Hacked

 

LEAP OrganizationClarksville, TN – On March 20th, 2015, a hacker defaced the LEAP Organization’s website (www.leaporg.net) resulting in its hosting company deactivating it for up to a week while all malware is removed. This couldn’t come at a worse time for the organization who is currently in a online building fund campaign.

The morning of the cyber attack, LEAP published an update on various social media outlets that Dave Davidson, the owner of the building reduced the sales price and the Fort Campbell Federal Credit Union provided favorable financing terms that reduced the down payment from $633,277 to $360,000. The organization has already raised $38,743 reducing the down payment to $321,257.

Clarksville’s LEAP Organization’s Website Hacked «Read the rest of this article»

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