Ethereum Miner - Mine and Earn free Ethereum Doloca.net: Online Booking - Hotels and Resorts, Vacation Rentals and Car Rentals, Flight Bookings, Activities and Festivals, Tour

Tuesday, July 24, 2018

Earnings on tap; Google powers ahead; PSA surge

1. Endless earnings: Quarterly earnings are going to keep piling up on Tuesday. Companies including 3M, Eli Lilly, Harley-Davidson, JetBlue Airways, Kimberly-Clark, Lockheed Martin, Sherwin-Williams and Verizon will report before the open.
CNNMoney: Before The Bell
 Advertisement
Where U.S. stocks are heading
Dow Futures   Nasdaq Futures   S&P Futures
+95.00   +11.75   +6.50
+0.38%   +0.16%   +0.23%
 
World Markets
Japan   China   U.K.
Nikkei 225   Shanghai Composite   FTSE 100
+113.49   +46.02   +65.30
22,510.48   2,905.56   7,721.09
+0.51%   +1.61%   +0.85%
 
Biggest Winners
Alphabet Inc +4.54%
 
Alphabet Inc +4.17%
 
General Electric Co +3.39%
 
Facebook Inc +2.13%
Biggest Losers
Whirlpool Corp -9.76%
 
News: What you need to know about the markets
 
 
Earnings on tap; Google powers ahead; PSA surge
By Alanna Petroff
 
1. Endless earnings: Quarterly earnings are going to keep piling up on Tuesday.
 
Companies including 3M, Eli Lilly, Harley-Davidson, JetBlue Airways, Kimberly-Clark, Lockheed Martin, Sherwin-Williams and Verizon will report before the open.
 
Investors will be watching to see what Harley-Davidson says about tariffs. The motorcycle giant said last month that it would shift some production out of the United States to avoid tariffs imposed in retaliation for Trump administration policies.
 
AT&T, Chubb and Texas Instruments will release earnings after the close.
 
2. European earnings: PSA Group, which owns the Peugeot and Opel brands, reported a 40% surge in sales in the first six months of the year. Analysts at Jefferies said there were "impressive numbers all around," and the stock surged 9%.
 
Shares in UBS shot up 3% after the Swiss bank reported a net profit of 1.3 billion Swiss franc ($1.3 billion) for the second quarter.
 
3. Google powers ahead: Shares in Google's parent company Alphabet were up 4% premarket after the tech giant reported quarter results on Monday.
 
Profits were dented in the second quarter by last week's record $5 billion European antitrust fine, but a surge in sales offset that hit.
 
The company's profit fell to $3.2 billion in the quarter ending in June, down from about $3.5 billion in the same period a year ago. Without the penalty, Alphabet's profit would have been $8.3 billion.
 
When asked about the potential business impacts from the EU ruling on a conference call with analysts Monday, Google CEO Sundar Pichai said it's "too early" to tell. "We are analyzing the decision," he said.
 
Before the Bell newsletter: Key market news. In your inbox. Subscribe now!
 
3. Stock market movers -- Whirlpool, Changchun Changsheng Biotechnology: Whirlpool shares are slated to drop by about 10% at the open as investors react to worse-than-expected quarterly results.
 
Shares in Changchun Changsheng Biotechnology dropped 10% in Shenzhen after police in China launched a criminal investigation into faulty vaccines from the company.
 
5. Global market overview: US stock futures were steady.
 
Nearly all European markets advanced in early trading.
 
Asian markets ended the day with gains after the Chinese government reportedly unveiled an economic stimulus package. The move could help counter the threat of heightened trade tensions with the United States.
 
Key Chinese indexes gained roughly 1.5%.
 
Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now!
 
 
Coming this week:
 
 
Tuesday — Earnings from 3M, AT&T, Harley-Davidson, JetBlue, Kimberly-Clark, Lockheed Martin, Texas Instruments and Verizon
Wednesday — Earnings from Boeing, Coca-Cola, Equifax, Facebook, Ford, Fiat Chrysler, General Motors and Mattel; President Donald Trump and European Commission President Jean-Claude Juncker meet in Washington to discuss trade issues
Thursday — Earnings from Amazon, American Airlines, Chipotle, McDonald's and Starbucks
Friday — Exxon Mobil, Merck and Twitter report earnings; 21st Century Fox holds shareholder meeting; US reports Q2 GDP data
 
 
Key Market Stats Latest Today's Change
Oil $68.31 +0.42 / +0.62%
Gold $1,226.80 +1.20 / +0.10%
10-yr 2.96% +0.07 / +2.42%
Euro $1.17 +0.00 / +0.10%
 
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to BeforeTheBellFeedback@cnn.com
Sign up for
Pacific newsletter
  Sign up for
Reliable Sources
newsletter
CNNMoney Markets Now
 
Tips, thoughts or questions are always welcome at
BeforeTheBellFeedback@cnn.com.
 
® © 2018 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Before The Bell" newsletter.

Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303
 
                                                 






This email was sent to latestnews401.news@blogger.com
why did I get this?    unsubscribe from this list    update subscription preferences
Cable News Network, Inc. · Attention: Privacy Policy Coordinator · One CNN Center, 13 North · Atlanta, GA 30303 · USA

No comments:

Post a Comment

Ethereum Miner - Mine and Earn free Ethereum