Dow stocks at 52 week highs is MCD. There are no Dow stock 52 week lows.
The Dow is indicated to open up +18 points.
The Dow closed down Friday -40.86 (-0.28%) at 14,565.25.
GE (GE) announced today that it will buy Lufkin Industries (LUFK) for $88.50 per share, which is a 38% premium to Friday’s close, which equates to about $38 billion. Lufkin Industries manufactures industrial gears and provides artificial lift technololgies for the oil and gas industry.
AT&T (T) announced that employees represented by the Communications Workers of America voted to ratify a four-year contract with AT&T Mobility which covers more than 20,000 AT&T Mobility employees in 36 states and the District of Columbia.
European markets are higher and Asian markets ended mostly lower.
The national average price of gasoline is down eight-tenths of a cent to $3.593 per gallon.
Dow stock Alcoa (AA) reports earnings today after the market close.
AXP will report earnings on 4/17/13 after the market close.
BAC will report earnings on 4/17/13 before the market open.
IBM will report earnings on 4/18/13 after the market close (not confirmed).
INTC will report earnings on 4/16/13 after the market close.
JNJ will report earnings on 4/16/13 before the market open.
JPM is set to report earnings on 4/11/13 before the open (not confirmed though).
KO will report earnings on 4/16/13 before the market open.
MSFT will report earnings on 4/18/13 after the market close.
UNH will report earnings on 4/18/13 before the market open.
VZ will report earnings on 4/18/13 before the market open.
0530 ET U.S. Treasury Secretary Jack Lew meets with ECB President Draghi and European Council President Van Rompuy.
0830 ET Cleveland Fed President Sandra Pianalto speaks in West Palm Beach, FL on Â“The Federal ReserveÂ’s Role in Supporting the U.S. EconomyÂ” at the International Economic Forum of the Americas.
1100 ET USDA weekly grain export inspections.
1600 ET USDA Crop Progress.
1915 ET Fed Chairman Ben Bernanke delivers keynote address entitled Â“Maintaining Financial Stability: Holding a Tiger by the TailÂ” to the Atlanta FedÂ’s 2013 Financial Markets Conference.