DJIA Market Happenings For Friday, August 22, 2014

Dow stocks at 52 week highs include Disney (DIS), Home Depot (HD) and Intel (INTC). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -13 points.

Thursday, the Dow closed up +60.36 (+0.36%) at 17,039.49.

Year-to-date the Dow is up +2.479.

Dow stock winners Thursday included Intel (INTC) +1.88% and JPMorgan (JPM) +1.49%.

Dow stock losers Thursday included Merck (MRK) -1.06% and Exxon Mobil (XOM) -0.42%.

There were 25 Dow stock winners Thursday.

Janet Yellen will speak at 10 a.m. ET at the Jackson Hole Economic Policy Symposium. The Federal Reserve chief is expected to focus on U.S. employment trends, and investors are hoping she may give some indication about plans for interest rates and monetary poli

European stocks are lower and Asian markets ended mostly higher with small gains.

The national average price of gasoline is up one-tenth of a cent at $3.437 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/26/14 after the market close of $0.78/share, beating consensus for $0.76/share.

Goldman Sachs (GS) reported earnings on 7/15/14 before the market open of $4.10/share, beating consensus of $3.07/share.

Intel (INTC) reported earnings on 7/15/14 after the market close of $0.55/share, beating consensus of $0.52/share.

Johnson & Johnson (JNJ) reported earnings on 7/15/14 before the market open of $1.66/share, beating consensus of $1.54/share.

JPMorgan (JPM) reported earnings on 7/15/14 before the market open of $1.48/share, beating consensus og $1.30/share.

United Technologies (UTX) reported earnings on 7/17/14 before the market open of $1.84/share, beating consensus of $1.79/share.

IBM (IBM) reported earnings on 7/17/14 after the market close of $4.32/share, beating consensus of $4.31/share.

General Electric (GE) reported earnings on 7/18/14 before the market open of $0.39/share, meeting expectations.

Dupont (DD) reported earnings on 7/22/14 before the market open of $1.17/share, meeting expectations.

Coca Cola (KO) reported earnings on 7/22/14 before the market open of $0.64/share, beating consensus of $0.63/share.

McDonald’s (MCD) reported earnings on 7/22/14 before the market open of $1.40/share, missing consensus of $1.43/share.

Microsoft (MSFT) reported earnings on 7/22/14 after the market close of $50.share, missing consensus of $0.60/share.

Travelers (TRV) reported earnings on 7/22/14 before the market open of $1.93/share, missing consensus ofr $2.05/share.

United Technologies (UTX) reported earnings on 7/22/14 before the market open of $1.84/share, beating consensus of $1.78/share.

Verizon (VZ) reported earnings on 7/22/14 before the market open of $0.91/share, beating consensus of $0.90/share.


Boeing (BA) reported earnings on 7/23/14
before the market open of $2.42/share, beating consensus of $2.01/share..


AT&T (T) reported earnings on 7/23/14
after the market close of $0.62/share, missing consensus by a penny..

Caterpillar (CAT) reported earnings on 7/24/14 before the market open of $1.69/share, beating consensus of $1.51/share..

3M (MMM) reported earnings on 7/24/14 before the market open of $1.91/share, meeting consensus.

Visa (V) reported earnings on 7/24/14 after the market close of $2.17/share, beating consensus of $2.09/share.

Merck (MRK) reported earnings om 7/29/14 before the market open of $0.85/share, beating consensus of $0.81/share.


Pfizer (PFE) reported earnings on 7/29/14
before the market open of $0.58/share, beating consensus of $0.56/share.

American Express (AXP) will report earnings on 7/29/14 after the market close.

Exxon Mobil (XOM) will report earnings on 7/31/14 before the market open.

Chevron (CVX) will report earnings on 8/1/14 before the market open.

Procter & Gamble (PG) will report earnings on 8/1/14 before the market open.

Disney (DIS) will report earnings on 8/5/14 after the market close.

Cisco (CSCO) reports earnings on 8/13/14 after the market close.

Wal-Mart (WMT) reports earnings on 8/14/14 before the market open.

Home Depot (HD) reported earnings on 8/19/14 before the market open of $1.52 a share, better than consensus of $1.44.

Notable earnings reports from Thursday include:

Dollar Tree (DLTR) reported second quarter EPS of $0.61 on revenue of $2.03 billion, compared to last year’s EPS of $0.56 on revenue of $1.85 billion.

Gap (GPS) reported second quarter EPS of $0.70 on revenue of $3.98 billion, compared to last year’s EPS of $0.64 on revenue of $3.87 billion.

Hormel Foods (HRL) reported third quarter EPS of $0.51 on revenue of $2.28 billion, compared to last year’s EPS of $0.42 on revenue of $2.16 billion.

Stocks reporting earnings today include:

Foot Locker (FL) is expected to report EPS of $0.54, compared to last year’s EPS of $0.46.

ANN (ANN) is expected to report EPS of $0.70, compared to last year’s EPS of $0.76.

Today’s Featured Dow Stock

Merck & Co Inc. (MRK)

Merck & Co Inc. (MRK) is down -1.44% year-to-date.

Financial Calendar

1000 ET Fed Chair Janet Yellen delivers a speech titled Labor Markets at the Kansas City Feds annual symposium in Jackson Hole, Wyoming.

1430 ET ECB President Mario Draghi speaks at the Kansas City Feds annual symposium in Jackson Hole, Wyoming.

1500 ET USDA Jul Cold Storage.

1500 ET USDA Jul Cattle on Feed.

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