DJIA market Happenings For Thursday, February 20, 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 +13 points.

Wednesday, the Dow closed down -89.84 (-0.56%) at 16,040.56.

Year-to-date the Dow is down -3.23%.

Wal-Mart (WMT) reported Q4 EPS of $1.60, better than consensus of $1.59 but missed on revenue.

Tesla beat on earnings and are up +11%.

European stocks are lower and Asian stocks ended lower.

The national average price of gasoline is up eight-tenths of a cent to $3.383 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) reported earnings on 2/5/14 after the market close of $1.04/share, beating consensus of $0.92/share.

Cisco (CSCO) reported earnings on 2/12/14 after the market close of $0.47/share, beating consensus of $0.46/share..

Coca Cola (KO) reported earnings on 2/18/14 before the market open of $0.46/share, meeting expectations.

Wal-Mart Stores Inc (WMT) reported earnings on 2/20/14 before the market open of $1.60/share, better than consensus of $1.59/share.

Home Depot Inc. (HD) reports earnings on 2/25/14 before the market open.

Notable earnings reports include:

MGM Resorts (MGM) reported fourth quarter EPS of -$0.08, missing the consensus of -$0.01. Revenue of $2.5 billion beat the consensus estimate of $2.46 million.

Safeway (SWY) reported fourth quarter EPS of $0.53, beating the consensus estimate of $0.58. Revenue of $11.3 billion missed the consensus estimate of $11.48 billion

Tesla (TSLA) reported fourth quarter EPS of $0.33, beating the consensus estimate of $0.21. Revenue of $615.29 million missed the consensus estimate of $657.15.

Other stocks expected to report earnings today include:

Actavis plc (ACT) is expected to report its Q4 earnings at $3.04 per share on revenue of $2.66 billion.

DIRECTV (DTV) is projected to report its Q4 earnings at $1.28 per share on revenue of $8.47 billion.

Groupon (GRPN) is estimated to post its Q4 earnings at $0.02 per share on revenue of $718.04 million.

Hewlett-Packard Company (HPQ) is estimated to post its Q1 earnings at $0.84 per share on revenue of $27.19 billion.

priceline.com (PCLN) is projected to post its Q4 earnings at $8.29 per share on revenue of $1.52 billion.

Wal-Mart Stores (WMT) is expected to report its Q4 earnings at $1.59 per share on revenue of $130.23 billion.

Today’s Featured Dow Stock

Procter & Gamble Co. (PG)

Procter & Gamble Co. (PG) is up +4.02% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -4,000 to 335,000, previous +8,000 to 339,000. Weekly continuing claims expected +17,000 to 2.970 million, previous -18,000 to 2.953 million.

0830 ET Jan CPI expected +0.1% m/m and +1.6% y/y, Dec +0.3% m/m and +1.5% y/y. Jan CPI ex food & energy expected +0.1% m/m and +1.6% y/y, Dec +0.1% m/m and +1.7% y/y.

1000 ET Feb Philadelphia Fed manufacturing index expected -1.4 to 8.0, Jan +3.0 to 9.4.

1000 ET Jan leading indicators expected +0.4%, Dec +0.1%.

1100 ET EIA Weekly Petroleum Status Report.

1100 ET Treasury announces amounts of 2-year T-notes (previous $32 billion), 2-year floating rate notes (previous $15 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Feb 25-27.

1300 ET Treasury auctions $9 billion of 30-year TIPS.

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 2740