Dow stocks at 52 week highs include Johnson &Johnson (JNJ). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +9 points.
Monday, the Dow closed up +40.71 (+0.25%) at 16,449.25.
Year-to-date the Dow is down -0.77%.
Travelers (TRV) reported Q1 EPS of $2.95, well ahead of consensus of $2.16.
McDonald’s (MCD) reported net income fell to $1.2 billion, or $1.21 per share. Analysts expected $1.24 per share. A year ago, the company earned $1.27 billion, or $1.26 per share. McDonald’s Corp. noted that the year-ago results were boosted by income tax benefits.
United Technologies Corp reported first-quarter net income fell 4 percent to $1.21 billion, or $1.32 per share. Restructuring costs amounted to 9 cents a share while a year earlier the company received some one-time benefits. Earnings of $1.32 per share topped the average analyst estimate by 5 cents.
European stocks were higher and Asian stocks ended mixed.
The national average price of gasoline is down two-tenths of a cent to $3.667 per gallon.
Earnings Reports.
JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.
Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.
Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.
Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.
American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.
International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.
Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.
General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.
Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.
UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.
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.
United Technologies (UTX) 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.
Boeing (BA) will report earnings on 4/23/14 before the market open.
Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.
Caterpillar (CAT) will report earnings on 4/24/14 before the market open.
3M (MMM) will report earnings on 4/24/14 before the market open.
Verizon VZ will report earnings on 4/24/14 before the market open.
Micrososft (MSFT) will report earnings on 4/24/14 after the market close.
Visa (V) will report earnings on 4/24/14 after the market close.
Merck (MRK) will report earnings on 4/29/14 before the market open.
Notable earnings reports from Monday include:
United Health Group Incorporated (UNH) reported first quarter EPS of $1.10 on revenue of $31.70 billion, compared to last year’s EPS of $1.16 on revenue of $30.34 billion.
Hasbro, Inc. (HAS) reported first quarter EPS of $0.14 on revenue of $679.50 million, compared to last year’s EPS of $0.05 on revenue of $663.69 million.
Kimberly-Clark Corporation (KMB) reported first quarter EPS of $1.48 on revenue of $5.28 billion, compared to last year’s EPS of $1.48 on revenue of $5.32 billion.
Netflix, Inc. (NFLX) reported first quarter EPS of $0.86 on revenue of $1.27 billion, compared to last year’s EPS of $0.05 on revenue of $1.02 billion.
Stocks reporting earnings today include:
AT&T Inc. (T) is expected to report first quarter EPS of $0.68 on revenue of $32.27 billion, compared to last year’s EPS of $0.64 on revenue of $31.36 billion.
Caterpillar, Inc. (CAT) is expected to report first quarter EPS of $1.25 on revenue of $13.24 billion, compared to last year’s EPS of $1.31 on revenue of $13.21 billion.
McDonald’s Corporation (MCD) is expected to report first quarter EPS of $1.24 on revenue of $6.74 billion, compared to last year’s EPS of $1.26 on revenue of $6.61 billion.
The Travelers Companies, Inc. (TRV) is expected to report first quarter EPS of $2.17 on revenue of $5.92 billion, compared to last year’s EPS of $2.31 on revenue of $5.60 billion.
Today’s Featured Dow Stock
Walt Disney Co. (DIS) is up +3.55% year-to-date.
Financial Calendar
0900 ET Feb FHFA house price index expected +0.5% m/m, Jan +0.5% m/m.
1000 ET Apr Richmond Fed manufacturing index expected +9 to 2, Mar -1 to -7.
1000 ET Mar existing home sales expected -1.1% to 4.55 million, Feb -0.4% to 4.60 million.
1145 ET Former Fed Chairman Ben Bernanke speaks at the Economic Club of Canada on 8 Years of Crisis Management at the Federal Reserve and the Way Forward.
1300 ET Treasury auctions $32 billion 2-year T-notes.
1500 ET USDA Mar Cold Storage.