Dow stocks at 52 week highs include 3M (MMM) and McDonald’s (MCD). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +16 points.

Monday, the Dow closed up +112.13 (+0.68%) at 16,695.47.

Year-to-date the Dow is up +0.72%.

Coca-Cola (KO) increased its stake in Keurig Green Mountain Coffee Roasters (GMCR) to 16%.

AT&T (T) and DirecTV are working on a deal that includes both cash and shares that would allow AT&T to acquire the satellite-television provider for around $50 billion.

Pfizer Inc. (PFE) has sent the details of its $106 billion bid to take over AstraZeneca to two UK parliamentary committees.

European stocks were higher and Asian markets closed mostly higher.

The national average price of gasoline is down eight-tenths of a cent at $3.644 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) reported earnings on 4/22/14 before the market open of $1.21/share, below estimates of $1.24/share.

Travelers (TRV) reported earnings on 4/22/14 before the market open of $2.95/share, well ahead of $2.16/share consensus.

United Technologies (UTX) reported earnings on 4/22/14 before the market open of $1.32/share beating estimates by $0.05/share.

AT&T (T) reportrf earnings on 4/22/14 after the market close of $0.71/share, beating estimates of $0.70/share.

Boeing (BA) reported earnings on 4/23/14 before the market open of $1.76/share ahead of $1.54/share consensus.

Procter & Gamble (PG) reported earnings on 4/23/14 before the market open of $1.04/share, beating consensus of $1.02/share.

Caterpillar (CAT) reported earnings on 4/24/14 before the market open of $1.61/share, beating consensus of $1.25/share.

3M (MMM) reported earnings on 4/24/14 before the market open of $1.79/share, meeting consensus.

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) reported earnings on 4/24/14 after the market close of $0.84/share, below consensus of $0.87/share.

Merck (MRK) reported earnings on 4/29/14 before the market open of $0.88/share, beating consensus of $0.79/share.

Exxon Mobil (XOM) reported earnings on 5/1/14 before the market open.

Chevron (CVX) will report earnings on 5/2/14 before the market open of $2.10/share, beating consensus of $1.88/share.

Pfizer (PFE) will report earnings on 5/5/14 before the market open.

Walt Disney (DIS) reported earnings on 5/6/14 after the market close of $1.11/share, beating consensus of $0.96/share.

Cisco (CSCO) will report earnings on 5/14/14 after the market close.

Wal-Mart (WMT) reports earnings on 5/15/14 before the market open.

Home Depot (HD) reports earnings on 5/20/14 before the market open

Notable earnings reports from Monday include:

Babcock & Wilcox (BWC) reported first quarter EPS of $0.42 on revenue of $662.00 million, compared to last year’s EPS of $0.46 on revenue of $805.42 million.

NII Holdings (NIHD) reported a first quarter loss of $2.19 on revenue of $1.02 billion, compared to last year’s EPS of $1.21 on revenue of $1.41 billion.

McKesson (MCK) reported fourth quarter EPS of $2.55 on revenue of $38.14 billion, compared to last year’s EPS of $1.45 on revenue of $30.62 billion.

Stocks reporting earnings today include:

CST Brands (CST) is expected to report first quarter EPS of $0.19 on revenue of $3.07 billion.

Fossil (FOSL) is expected to report first quarter EPS of $1.17 on revenue of $771.55 million, compared to last year’s EPS of $1.21 on revenue of $680.90 million.

URS Corporation (URS) is expected to report first quarter EPS of $0.68 on revenue of $2.68 billion, compared to last year’s EPS of $0.96 on revenue of $2.80 billion.

Today’s Featured Dow Stock

International Business Machines Co. (IBM)

International Business Machines Co. (IBM) is up +2.67% year-to-date.

Financial Calendar

0030 ET Atlanta Fed President Dennis Lockhart speaks on the economic outlook to the American Business Group of Riyadh.

0830 ET Apr retail sales expected +0.4% m/m and +0.6% ex autos, Mar +1.1% and +0.7% ex autos.

0830 ET Apr import price index expected +0.3% m/m and +0.3% y/y, Mar +0.6% m/m and -0.6% y/y.

1000 ET Mar business inventories expected +0.4%, Feb +0.4%.

1030 ET Richmond Fed President Jeffrey Lacker delivers opening remarks at eh Richmond Feds 2014 Credit Markets Symposium