Paras Madho is a Director of the Market Watch & Corporate Actions, Global Corporate Client Group for NYSE Euronext (NYSE: NYX). In this...
Ahead of the Bell: Dow futures are trading up 136 points and S&P futures are trading up 18 points. Investors will be focusing on earnings following better than expected first quarter results from Intel. The company raised its guidance as a result of enterprise strength and new products. Also, AT&T, United Technologies, and CSX Corporation all reported positive first quarter earnings results.
DJIA up 65.16 pts/+0.53%/12,266.75
S&P up 7.48 pts/+0.57%/1,312.62
Nasdaq up 9.59 pts/+0.35%/2,744.97
Dow Futures up 136.00 pts/+1.09%
S&P Futures up 18.10 pts/+1.34%
Nasdaq Fut up 32.00 pts/+1.42%
CAC 40 +2.35%
NIKKEI 225 +1.76%
HANG SENG +1.60%
Overseas: World stock markets were up today. European and Asian markets were up on upbeat earnings news and housing data from the U.S.
Economic Reports: Existing Home Sales expected to be 5.000 M @ 10:00 a.m.
Gold:up $6.65 to $1,503.85
Oil:up $1.70 to $109.40
EUR/USD 1.4493 +0.0160
USD/JPY 82.7750 +0.2100
GBP/USD 1.6350 +0.0031
Volatility Index (VIX): As of the close of business Tuesday, April 19, the VIX is down 1.09 pts to 15.87
Companies Reporting Quarterly Earnings:
Altria (MO): Q1 EPS of $0.44 in-line. Revenue of $3.94B (-0.2% Y/Y) beats by $0.05B.
United Technologies (UTX): Q1 EPS of $1.13 beats by $0.06. Revenue of $13.34B (+10.8% Y/Y) beats by $490M.
Nasdaq (NDAQ): Q1 EPS of $0.61 in-line. Revenue of $415M (+3.8% Y/Y) beats by $6M.
Quest Diagnostics (DGX): Q1 EPS of $1 vs. consensus of $1.01. Revenue of $1.82B (+0.9% Y/Y) beats by $0.02B.
Abbott Laboratories (ABT): Q1 EPS of $0.91 beats by $0.01. Revenue of $9.04B (+17% Y/Y) beats by $0.22B.
MGIC Investment (MTG): Q1 EPS of -$0.17 misses by $0.23. Revenue of $353M (-4.8% Y/Y) misses by $3M.
Autoliv (ALV): Q1 EPS of $1.92 beats by $0.16. Revenue of $2.10B (+22.6% Y/Y) beats by $0.08B.
Huntington Bancshares (HBAN): Q1 EPS of $0.14 beats by $0.02.
Hanesbrands (HBI): Q1 EPS of $0.49 beats by $0.16. Revenue of $1.03B (+12% Y/Y) beats by $0.03B.
EnCana (ECA): Q1 EPS of $0.02 vs. consensus of $0.15.
Knight Capital Group (KCG): Q1 EPS of $0.33 beats by $0.06. Revenue of $340M (+19% Y/Y) beats by $44M.
Eaton (ETN): Q1 EPS of $0.84 beats by $0.04. Revenue of $2.10B (+22% Y/Y) beats by $0.08B.
Textron (TXT): Q1 EPS of $0.10 misses by $0.07. Revenue of $2.48B (+12% Y/Y) misses by $0.03B.
Elan (ELN): Q1 EPS of -$0.01 beats by $0.04. Revenue of $310M (-0.8% Y/Y) beats by $13M.
Today’s Opening and Closing Bells:
Air Lease Corporation Celebrates IPO on the New York Stock Exchange. Chairman & CEO, as well as billionaires (see Forbes list) Steven F. Udvar-Házy will ring the opening bell.
NYSE Euronext CEO Duncan Niederauer and Leadership Group Discuss Importance of Capital Markets at SMU Cox School of Business will remotely ring the closing bell .