DJIA Market Happenings For Tuesday, March 11, 2014

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

The Market

Premarket today, the Dow was indicated to open up +17 points.

Monday, the Dow closed down -34.04 (-0.21%) at 16,418.68.

Year-to-date the Dow is down -0.95%.

Coca-Cola reported a 10.1% stake in Keurig Green Mountain Coffee Roasters (GMCR).

And that’s it for Dow stock news. Nike doesn’t report earnings until next week.

European stocks are mixed and Asian stocks ended higher.

The national average price of gasoline is down one-tenth of a cent to $3.488 per gallon.

Earnings Reports.

Nike (NKE) is expected to report earnings on 3/20/14 after the market close.

Notable earnings reports from Monday include:

Hill International, Inc. (HIL) reported a fourth quarter loss of $0.03 per share on revenue of $145.00 million, compared to last year’s loss of $0.04 per share on revenue of $110.77 million.

United Natural Foods, Inc. (UNFI) reported second quarter EPS of $0.56 on revenue of $1.65 billion, compared to last year’s EPS of $0.46 on revenue of $1.45 billion.

Urban Outfitters, Inc (URBN) reported fourth quarter EPS of $0.59 on revenue of $905.90 million, compared to last year’s EPS of $0.56 on revenue of $856.83 million.

Stocks reporting earnings today include:

American Eagle Outfitters, Inc (AEO) is expected to report fourth quarter EPS of $0.26 on revenue of $1.05 billion, compared to last year’s EPS of $0.55 on revenue of $1.12 billion.

The Bon-Ton Stores, Inc. (BONT) is expected to report fourth quarter EPS of $2.74 on revenue of $980.95 million, compared to last year’s EPS of $3.73 on revenue of $1.03 billion.

Caesars Entertainment Corporation (CZR) is expected to report a fourth quarter loss of $1.49 on revenue of $2.12 billion, compared to last year’s loss of $3.75 on revenue of $2.02 billion.

Today’s Featured Dow Stock

Boeing Co. (BA)

Boeing Co. (BA) is down -7.03% year-to-date.

Financial Calendar

1000 ET Jan wholesale inventories expected +0.4%, Dec +0.3% m/m. Jan wholesale trade sales expected +0.2% m/m, Dec +0.5% m/m.

1300 ET Treasury auctions $30 billion 3-year T-notes.

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