The Dow Market Happenings For Tuesday, April 08, 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 +6 points.

Monday, the Dow closed down -166.84 (-1.02%) at 16,245.87.

Year-to-date the Dow is down -2.00%.

Nike (NKE) was upgraded to ‘Buy’ from ‘Hold’ at Stifel.

Cisco (CSCO) was downgraded to ‘Hold’ from ‘Buy’ at Wunderlich.

European stocks are lower and Asian stocks ended mixed.

The national average price of gasoline is up seven-tenths of a cent to $3.586 per gallon.

Earnings Reports.

JPMorgan (JPM) will report earnings on 4/11/2014 before the market open.

Coca Cola (KO) will report earnings on 4/15/2014 before the market open.

Johnson & Johnson (JNJ) will report earnings on 4/15/2014 before the market open.

Intel (INTC) will report earnings on 4/15/2014 after the market close.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Notable earnings reports from Monday include:

A Schulman, Inc (SHLM) reported second quarter EPS of $0.39 on revenue of $588.50 million, compared to last year’s EPS of $0.27 on revenue of $522.37 million.

Team, Inc. (TISI) reported third quarter EPS of $0.01 on revenue, compared to last year’s loss of $0.01 on revenue of $150.98 million.

Stocks reporting earnings today include:

Alcoa Inc. (AA) is expected to report first quarter EPS of $0.05 on revenue of $5.56 billion, compared to last year’s EPS of $0.11 on revenue of $5.83 billion.

WD-40 Company (WDFC) is expected to report second quarter EPS of $0.68 on revenue of $92.30 million, compared to last year’s loss of $0.66 on revenue of $86.71 million.

Today’s Featured Dow Stock

Pfizer Inc. (PFE)

Pfizer Inc. (PFE) is up +1.86% year-to-date.

Financial Calendar

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

1330 ET Minneapolis Fed President Narayana Kocherlakota speaks to the Rochester Chamber of Commerce.

1445 ET Philadelphia Fed President Charles Plosser delivers a keynote speech at the Wharton Financial Institutions Center titled Enhancing Prudential Standards in Financial Regulation.

Both comments and pings are currently closed.

Comments are closed.