DJIA Market Happenings For Thursday, January 30, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket, the Dow was indicated to open up +85 points.

Wednesday, the Dow closed down -189.77 (-1.19%) at 15,738.79.

Year-to-date the Dow is down -5.05%.

Exxon Mobil (XOM) reported Q4 2013 earnings of $1.91 per share compared to consensus of $1.92. The year ago Q4 2012 was $2.20.

Visa (V) reported Q1 2014 earnings of $2.20 compared to consensus of $2.16. The year ago Q1 2013 EPS was $1.93.

3M (MMM) reported Q4 2013 earnings of $1.62 per share, compared to consensus of $1.62. The year ago Q4 2012 EPS was $1.41.

European stocks are lower and Asian stocks ended mostly lower.

The national average price of gasoline is down two-tenths of a cent to $3.275 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 1/14/14 of $1.40/share before the market open.

Goldman Sachs (GS) reported earnings on 1/16/14 of $4.60/share before the market open beating consensus of $4.18/share.


American Express (AXP) reported earnings
of $1.25/share on 1/16/14 after the market close.

Intel (INTC) reports earnings on 1/15/14 after the market close.

United Health (UNH) reported earnings of $1.41/share on 1/16/14 before the market open.

General Electric reported earnings of $0.53/share on 1/17/14 before the market open meeting consensus.

Johnson & Johnson (JNJ) reported earnings of $1.24/share on 1/21/14 before the market open.

Travelers (TRV) reported earnings of $2.68/share on 1/21/14 before the market open beating consensu.

Verizon (VZ) reported earnings of $0.66/share on 1/21/14 before the market open beating consensus.

International Business Machines (IBM) will report earnings on 1/21/14 after the market close.

United Technologies reported earnings of $1.58, higher than consensus of $1.53, on 1/22/14 before the market open.

McDonalds (MCD) reported earnings of $1.40/share on 1/23/14 before the market open, beating consensus by a penny.

Microsoft (MSFT) reported earnings of $0.78/share on 1/23/14 after the market close, beating consensus of $0.68/share.

Procter & Gamble (PG) reported earnings on 1/24/14 before the market open of $1.21/share, beating consensus of $1.20.

Caterpillar (CAT) reported earnings of $1.54/share on 1/27/14 before the market open, beating consensus of $1.28/share..

Dupont (DD) reported earnings on 1/28/14 before the open of $0.59/share beating consensus of $0.55/share.

General Electric (GE) reports earnings on 1/28/14 before the open.

Pfizer (PFE) reported earnings on 1/28/14 before the open of $0.56/share beating consensus of $0.52/share.

AT&T (T) reported adjusted earnings on 1/28/14 after the market close of $0.53/share, beating consensus of $0.50/share.

Boeing (BA) reported core earnings on 1/29/14 before the market open of $1.88/share, beating consensus of $1.57/share.

3M (MMM) reports earnings on 1/30/14 before the market open.

Visa (V) reports earnings on 1/30/14 before the market open.

Exxon Mobil (XOM) reports earnings on 1/30/14 before the market open.

Chevron (CVX) reports earnings on 1/31/14 before the market open.

Merck (MRK) reports earnings on 2/5/14 before the market open.

Disney (DIS) reports earnings on 2/5/14 after the market close.

Earnings reports from Wednesday include:

Boeing Company (NYSE: BA) reported EPS of $1.88, compared to last year’s EPS of $1.28.

1-800 FLOWERS.COM Inc. (FLWS) reported EPS of $0.27 on revenue of $266.30 million, compared to last year’s EPS of $0.24 on revenue of $253.02 million.

Facebook, Inc. (FB) reported fourth quarter EPS of $0.31 on revenue of $2.59 billion, compared to last year’s EPS of $0.17 on revenue of $1.58 billion.

Las Vegas Sands Corp. (LVS) reported EPS of $0.72 on revenue of $3.66 billion, compared to last year’s EPS of $0.54 on revenue of $3.08 billion.

Valero Energy Corporation (VLO) reported EPS of $1.78 on revenue of $34.43 billion, compared to last year’s EPS of $1.88 on revenue of $34.70 billion.

Other stocks expected to report earnings today include:

Chipotle Mexican Grill, Inc. (CMG) is expected to report fourth quarter EPS of $2.53 on revenue of $826.30 million, compared to last year’s EPS of $1.95 on revenue of $699.16 million.

Eli Lilly and Company (LLY) is expected to report fourth quarter EPS of $0.74 on revenue of $5.45 billion, compared to last year’s EPS of $0.85 on revenue of $5.96 billion.

Exxon Mobil Corporation (XOM) is expected to report fourth quarter EPS of $1.92 on revenue of $113.99 billion, compared to last year’s EPS of $2.20 on revenue of $115.17 billion.

Google Inc. (GOOG) is expected to report fourth quarter EPS of $12.24 on revenue of $16.72 billion, compared to last year’s EPS of $10.59 on revenue of $12.16 billion.

Occidental Petroleum Corporation (OXY) is expected to report fourth quarter EPS of $1.70 on revenue of $5.79 billion, compared to last year’s EPS of $1.83 on revenue of $6.17 billion.

Today’s Featured Dow Stock

E I du Pont de Nemours and Co. (DD)

E I du Pont de Nemours and Co. (DD) is up -6.56% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +4,000 to 330,000, previous +1,000 to 326,000. Weekly continuing claims expected -56,000 to 3.000 million, previous +34,000 to 3.056 million.

0830 ET Q4 GDP expected +3.2% (q/q annualized), Q3 +4.1%. Q4 personal consumption expected +3.7%, Q3 +2.0%. Q4 GDP price index expected +1.2%, Q3 +2.0%. Q4 core PCE expected +1.1% q/q, Q3 +1.4% q/q.

0830 ET USDA weekly Export Sales.

1000 ET Dec pending home sales expected -0.3% m/m and -0.3% y/y, Nov +0.2% m/m and -4.0% y/y.

1130 ET Treasury auctions $35 billion 5-year T-notes.

1300 ET Treasury auctions $29 billion 7-year T-notes.

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