DJIA Market Happenings For Wednesday, February 5, 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 down -3 points.

Tuesday, the Dow closed up +72.44 (+0.47%) at 15,445.24.

Year-to-date the Dow is down -6.83%.

ADP’s January National Employment Report estimated that 175,000 workers were hired by private-sector firms in January. Market economists were looking for a 185,000 estimate. The December estimate from ADP’s previous report was revised down to 227,000 from 238,000.

Merck (MRK) reported Q4 EPS of 88 cents, below consensus of 89 cents.

Microsoft (MSFT) names Satya Nadella as its new CEO.

Friday brings us the Jobs Report.

Disney (DIS) reports earnings today after the close.

European stocks are mostly higher and Asian stocks ended mixed.

The national average price of gasoline is down five-tenths of a cent to $3.274 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) reported earnings on 1/30/14 before the market open of $1.62/share, meeting consensus.

Visa (V) reported earnings on 1/30/14 before the market open of $2.20/share, beating consensus of $2.16/share.

Exxon Mobil (XOM) reported earnings on 1/30/14 before the market open of $1.91/share, missing consensus of $1.92.

Chevron (CVX) reported earnings on 1/31/14 before the market open of $2.57/share, missing consensus of $2.60/share.

Merck (MRK) reported earnings on 2/5/14 before the market open of $0.88/share, below consensus of $0.89/share.

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

Cisco (CSCO) reports earnings on 2/12/14 after the market close.

Coca Cola (KO) reports earnings on 2/18/14 before the market open.

Earnings reports from Tuesday include:

Becton, Dickinson and Company (BDX) reported Q1 EPS of $1.42, beating the consensus estimate of $1.30. Revenue of $2.02 billion beat the consensus estimate of $1.98 billion.

Buffalo Wild Wings (BWLD) reported Q4 EPS of $1.10, beating the consensus estimate of $1.07. Revenue of $341.5 million missed the consensus estimate of $346.85 million.

Sirius XM Radio (SIRI) reported Q4 EPS of $0.01, missing the consensus estimate of $0.02. Revenue of $1 billion beat the consensus estimate of $981.9 million.

Other stocks expected to report earnings today include:

Twitter (TWTR) is expected to report fourth-quarter EPS of -$0.02 per share on $217.78 million in revenue.

Walt Disney (DIS) is expected to report first-quarter EPS of $0.91 on revenue of $12.23 billion.

Today’s Featured Dow Stock

Home Depot Inc. (HD)

Home Depot Inc. (HD) is down -8.95% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -0.2% with purchase sub-index +1.5% and refi sub-index -2.2%.

0815 ET Jan ADP employment change expected +187,000, Dec +238,000.

0900 ET Treasury announces amounts of 3-year T-notes (previous $30 billion), 10-year T-notes (previous $21 billion) and 30-year T-bonds (previous $13 billion) to be auctioned in the Feds quarterly refunding Feb 11-13.

1000 ET Jan ISM non-manufacturing index expected +0.7 to 53.7, Dec -0.9 to 53.0.

1030 ET EIA Weekly Petroleum Status Report.

1230 ET Philadelphia Fed President Charles Plosser speaks on the economic outlook at the Simon Business Schools 35th Annual Economic Seminar.

1340 ET Atlanta Fed President Dennis Lockhart speaks on the economic outlook to the Rotary Club of Birmingham.

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2781