DJIA Market Happenings For Friday, June 20, 2014

Dow stocks at 52 week highs include Chevron (CVX), Johnson & Johnson (JNJ), Coca Cola (KO) and Travelers (TRV). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -5 points.

Thursday, the Dow closed up +14.84 (+0.09%) at 16,921.46.

Year-to-date the Dow is up +2.08%.

Dow stock winners Thursday included UnitedHealth (UNH) +1.64% and Johnson & Johnson (JNJ) +0.97%.

Dow stock losers Thursday included JPMorgan (JPM) -0.83% and Nike 9NKE) -0.75%.

Thursday there were 17 Dow stock winners.

Microsoft (MSFT) will begin selling its Surface Pro 3 today, which is marketed as “the tablet that will replace your laptop.”

European stocks were mixed and Asian markets ended mostly lower.

The national average price of gasoline is up four-tenths of a cent at $3.679 per gallon.

Earnings Reports.

Nike (NKE) will report earnings on 6/26/14 after the market close.

Notable earnings reports from Thursday include:

BlackBerry (BBRY) reported a first quarter loss of $0.11 on revenue of $966.00 million, compared to last year’s loss of $0.13 on revenue of $3.07 billion.

Kroger Company (KR) reported first quarter EPS of $1.09 on revenue of $32.96 billion, compared to last year’s EPS of $0.92 on revenue of $30.04 billion.

Oracle (ORCL) reported fourth quarter EPS of $0.92 on revenue of $11.33 billion, compared to last year’s EPS of $0.87 on revenue of $10.95 billion.

Rite Aid (RAD) reported first quarter EPS of $0.04 on revenue of $6.47 billion, compared to last year’s EPS of $0.09 on revenue of $6.29 billion.

Stocks reporting earnings today include:

CarMax (KMX) is expected to report first quarter EPS of $0.67 on revenue of $3.60 billion, compared to last year’s EPS of $0.64 on revenue of $3.31 billion.

Darden Restaurants (DRI) is expected to report fourth quarter EPS of $0.94 on revenue of $2.33 billion, compared to last year’s EPS of $1.01 on revenue of $2.30 billion.

Today’s Featured Dow Stock

Cisco Systems Inc. (CSCO)

Cisco Systems Inc. (CSCO) is up +10.16% year-to-date.

Financial Calendar

1500 ET USDA May Cattle on Feed.

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