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Telecom Earnings Preview: Verizon and AT&T to Report Q2 Results on Tuesday
Monday, July 23, 2018 - 3:45pm | 1593Two of the telecom giants are reporting earnings this week. Verizon (NYSE: VZ) reports second-quarter results before market open Tuesday, July 24, and AT&T (NYSE: T) releases its results after the close the same day. Verizon Earnings and Trading Activity Announced in early June, VZ is...
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Upcoming Earnings: Alphabet's $5 Billion Fine to Weigh on Results
Monday, July 23, 2018 - 3:01pm | 1007Alphabet Inc. (NYSE: GOOG) (NYSE: GOOGL) reports second-quarter earnings after market close on Monday, July 23. The big news ahead of the report was the EU slapping the company with a $5.07 billion antitrust fine related to its Android mobile operating system. Even though Alphabet said it...
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Big Week Ahead For Info Tech With Some Major Names On Tap, Along With GDP
Monday, July 23, 2018 - 2:49pm | 1871Tech earnings season starts in earnest this week, but there’s a lot more on the plate. Key data, including the first look at Q2 gross domestic product, might compete with earnings for investor attention in the coming days. It’s the start of a very big week for the market, with lots of...
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Keep On Rolling: Jobs Growth Solid In June, But Can Report Outweigh Trade Battle?
Friday, July 6, 2018 - 10:10am | 1559The U.S. jobs machine kept chugging along in June, adding a better-than-expected 213,000 new positions. Still, the market looked like it might struggle for gains Friday after economic sanctions went into effect overnight between the U.S. and China. Looking at the payrolls data, there appeared to be...
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Fireworks Behind, Wall Street Still Focused On Trade As Payrolls, Fed Minutes Awaited
Thursday, July 5, 2018 - 1:00pm | 1058With Fourth of July fireworks still echoing, a new trading day gets underway with a more positive feeling in the air. That’s partly due to hopes for a thaw in Europe/U.S. trade relations on the automobile front. News reports out of Europe yesterday that the U.S. might consider a so-called...
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Fed Minutes Get A Dovish Read, And Focus Shifts Once Again Toward Trade
Thursday, May 24, 2018 - 11:30am | 1646It appears as though the Fed might be willing to give the economy a bit more running room, and that seems to agree with the market. Stocks recovered from earlier losses Wednesday after the Fed minutes showed a willingness to let inflation run a little above the Fed’s long-term 2 percent...
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Geopolitics Back In Town, And It Looks Like They Might Weigh On Market
Wednesday, May 23, 2018 - 10:57am | 1732Suddenly the geopolitical picture that looked so positive earlier this week seems a little shakier, and the impact could potentially weigh on stocks Wednesday. The situation with North Korea seems more volatile and although news about trade with China has been fairly positive, concern developed...
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Upcoming Earnings: Target To Report Q1 Results Wednesday
Tuesday, May 22, 2018 - 11:36am | 948Investors will likely get an update on Target Corporation (NYSE: TGT) progress in what the company has called a “transition year” when it reports first-quarter earnings before market open on Wednesday, May 23. In early 2017, TGT executives laid out their strategy to address customers...
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China, U.S. Back Away From Trade War, Helping Market Sentiment
Tuesday, May 22, 2018 - 11:28am | 1291Favorable trade winds continue to fill the market’s sails this morning. After stocks rallied yesterday on news that the potential trade war between the U.S. and China was being put on hold, the positive news flow continued. China said it would cut tariffs on car parts and vehicles, and...
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Trade Winds Blow Milder As Progress Cited In U.S. Talks With China
Monday, May 21, 2018 - 10:12am | 1849This week could help set the tone for the next several. Geopolitical events like U.S. trade relations with China are starting to dominate the conversation as the data calendar looks light and earnings outside of the retail sector slow to a crawl. Early Monday, stock futures rallied after Treasury...
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Deere In Headlights: Earnings Miss, China Trade Talk Share Center Stage Friday
Friday, May 18, 2018 - 10:26am | 2066The market has been tough on companies that didn’t quite meet expectations this earnings season, and Friday provided further examples. It’s not necessarily that firms aren’t doing well, but the bar has been raised and if you’re a company that doesn’t climb over that...
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Despite Solid Walmart Results, Rising Bond Yields Could Be In Focus
Thursday, May 17, 2018 - 10:42am | 1864Positive tidings continued from the retail sector Thursday with Walmart Inc. (NYSE: WMT) reporting solid results highlighted by a recharged performance from its e-commerce business. Despite that, major stock indices ticked lower in pre-market futures trading as U.S. government bond yields continued...
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Checking In On Agriculture With Deere & Co. Earnings Tomorrow
Thursday, May 17, 2018 - 10:17am | 1059Deere & Company (NYSE: DE) stock has dropped a ways from its all-time high of $175.26 it hit on February 16 when the company last reported earnings. Since the start of May, DE has rallied from its recent low of $131.26 heading into its fiscal second-quarter results, scheduled for before market...
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Market Appears Directionless Amid Geopolitical, Retail, Housing News
Wednesday, May 16, 2018 - 10:25am | 1112Before the U.S. market opened, Macy's Inc. (NYSE: M) reported earnings per share of 48 cents on revenue of $5.5 billion. M was expected to report adjusted EPS of $0.36, on revenue of $5.43 billion, according to third-party consensus estimates. The beat appears to offer more evidence that the U....
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Walmart Slated To Report Earnings Before Thursday's Open
Tuesday, May 15, 2018 - 11:08am | 994Walmart Inc. (NYSE: WMT) reports Q1 fiscal 2019 earnings before market open on Thursday, May 17, and the company just made its largest acquisition ever ahead of its report. WMT announced last week it was buying a 77 percent controlling stake in Flipkart, India’s largest online retailer, for $...