Dow stocks at 52 week highs include Caterpillar (CAT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +18 points.
Wednesday, the Dow closed down -12.72 (-0.08%) at 16,501.65.
Year-to-date the Dow is down -0.45%.
Caterpillar (CAT) shares surged nearly 4% in premarket action after reporting earnings of $1.61/share that topped forecasts of $1.247/share.
Apple (AAPL) jumped over 7% in after-hours trading after it reported Q2 EPS of $11.62, well above consensus of $10.18, and announced a 7-for-1 stock split. What do you think, maybe a future Dow stock here?
European stocks were higher and Asian stocks ended mixed.
The national average price of gasoline is up 1.2 cents to $3.685 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.
Exxon Mobil (XOM) will report earnings on 5/1/14 before the market open.
Chevron (CVX) will report earnings on 5/2/14 before the market open.
Pfizer (PFE) will report earnings on 5/5/14 before the market open.
Walt Disney (DIS) will report earnings on 5/6/14 after the market close.
Notable earnings reports from Wednesday include:
Boeing Company (BA) reported first quarter EPS of $1.76 on revenue of $20.47 billion, compared to last year’s EPS of $1.73 on revenue of $18.89 billion.
Procter & Gamble Company (PG) reported first quarter EPS of $1.04 on revenue of $20.56 billion, compared to last year’s EPS of $0.99 on revenue of $20.60 billion.
Apple Inc. (AAPL) reported first quarter EPS of $11.62 on revenue of $45.65 billion, compared to last year’s EPS of $10.09 on revenue of $43.60 billion.
Facebook, Inc. (FB) reported first quarter EPS of $0.34 on revenue of $2.50 billion, compared to last year’s EPS of $0.12 on revenue of $1.46 billion.
Stocks reporting earnings today include:
Caterpillar, Inc. (CAT) is expected to report first quarter EPS of $1.23 on revenue of $13.24 billion, compared to last year’s EPS of $1.31 on revenue of $13.21 billion.
Microsoft Corporation (MSFT) is expected to report first quarter EPS of $0.63 on revenue of $20.38 billion, compared to last year’s EPS of $0.72 on revenue of $20.49 billion.
Amazon.com, Inc. (AMZN) is expected to report first quarter EPS of $0.24 on revenue of $19.44 billion, compared to last year’s EPS of $0.18 on revenue of $16.07 billion.
General Motors Company (GM) is expected to report first quarter EPS of $0.09 on revenue of $38.43 billion, compared to last year’s EPS of $0.67 on revenue of $36.88 billion.
Today’s Featured Dow Stock
American Express Co. (AXP) is down -3.97% year-to-date.
Financial Calendar
0830 ET Weekly initial unemployment claims expected +11,000 to 315,000, previous +2,000 to 304,000. Weekly continuing claims expected +6,000 to 2.745 million, previous -11,000 to 2.739 million.
0830 ET Mar durable goods orders expected +2.0% and +0.6% ex transportation, Feb +2.2% and +0.1% ex transportation. March non-defense capital goods orders ex-aircraft expected +1.0%, Feb -1.4%.
0830 ET USDA weekly Export Sales.
1100 ET Treasury announces amount of 2-year floating-rate notes to be auctioned Apr 29 (previous $13 billion).
1300 ET Treasury auctions $29 billion 7-year T-notes.