Thu Apr 23 2015
Live Index (1398 articles)
Share

Live Index – Thu, 23 Apr 2015 Premarket

PREMARKET WORLD NEWS

June E-mini S&Ps (ESM15 -0.24%) this morning are down -0.25% and European stocks are down -1.08% on weaker-than-expected global manufacturing reports. Gauges of Chinese and Japanese manufacturing activity contracted at the fastest pace in a year and Eurozone manufacturing activity unexpectedly declined. Also, U.S. technology stocks are lower led by a 3% loss in Qualcomm and a 5% drop in Texas Instruments after both companies reported less than expected quarterly profits. European technology stocks are also lower, led by a 9% drop in Ericsson AB after the company reported profits that were below consensus due to a slowdown in spending by its North American operators. Asian stocks closed mostly higher: Japan +0.27%, Hong Kong -0.38%, China +0.36%, Taiwan +1.92%, Australia +0.12%, Singapore +0.19%, South Korea +1.47%, India -0.56%. Japan’s Nikkei stock index posted a fresh 15-year high as exporters rallied after the yen fell to a 1-week low against the dollar, which boosts the earnings prospects of exporters, while China’s Shanghai Composite rose to a new 7-year high after weaker-than-expected manufacturing data spurred speculation the government will expand stimulus measures.

Commodity prices are mixed. Jun crude oil (CLM15 -0.37%) is down -0.28% and Jun gasoline (RBM15 +0.35%) is up +0.28%. Metals prices are higher. Jun gold (GCM15 +0.18%) is up +0.17% after data showed funds boosted their gold holdings for a fourth day as gold assets in ETFs rose to a 4-week high on Wednesday. May copper (HGK15 +0.71%) is up +0.34% and recovered from a 1-month low on speculation China will boost stimulus to spur economic growth that will lift copper demand. Agriculture prices are mixed.

The dollar index (DXY00 +0.09%) is up +0.03%. EUR/USD (^EURUSD) is up +0.14%. USD/JPY (^USDJPY) is up +0.07% at a 1-week high.

Jun T-note prices (ZNM15 +0.11%) are up +5 ticks on increased safe-haven demand as stocks falter.

The China Apr HSBC flash manufacturing PMI fell -0.4 to 49.2, weaker than expectations of -0.2 to 49.4 and the lowest in a year, which bolsters concern about China’s economy.

The Eurozone Apr Markit manufacturing PMI unexpectedly fell -0.3 to 51.9, weaker than expectations of +0.4 to 52.6, and shows the ECB’s QE program will take time to revive the economy.

U.S. STOCK PREVIEW

Key U.S. reports today include: (1) weekly unemployment claims (initial claims expected -7,000 to 287,000 after last week’s +12,000 to 294,000; continuing claims expected +22,000 to 2.290 million after last week’s -40,000 to 2.268 million), (2) preliminary-April Markit U.S. manufacturing PMI (expected unchanged at 55.7 after March’s +0.6 to 55.7), (3) March new home sales (expected -4.5% to 515,000 after Feb’s +7.8% to 539,000), (4) the April Kansas City Fed manufacturing activity index (expected expected +2 to -2 after March’s -5 to -4), and (4) the Treasury’s auction of $ 18 billion of 5-year TIPS.

There are 54 of the S&P 500 companies that report earnings today with notable reports including: Google (6.63), Microsoft (0.53), Amazon.com (-0.12), Starbucks (0.33), Caterpillar (1.34), GM (0.97), Capital One (1.87), PepsiCo (0.79), Procter & Gamble (0.92), AbbVie (0.85), Baxter (0.88), Raytheon (1.35), Nasdaq (0.78), PulteGroup (0.20).

U.S. IPO’s scheduled to price today include: Apigee Corp (APIC), Viking Therapeutics (VKTX).

Equity conferences during the remainder of this week include: IHS CERAWeek Energy Conference on Mon-Thu, Capital Link Closed-End Funds & Global ETFs Forum – Panel on Thu, RSA Conference on Thu.

PREMARKET U.S. STOCKS

Texas Instruments (TXN +0.98%) slipped 5% in after-hours trading after it reported Q1 EPS of 61 cents, below consensus of 62 cents.

Eli Lilly (LLY +0.12%) reported Q1 EPS of 87 cents, higher than consensus of 76 cents.

Valmont (VMI -0.31%) reported Q1 EPS of $ 1.28, well below consensus of $ 1.49.

O’Reilly Automotive (ORLY -0.18%) reported Q1 EPS of $ 2.06, better than consensus of $ 1.94.

Xilinx (XLNX +0.32%) slid 5% in after-hours trading after it reported Q4 EPS of 50 cents, right on consensus, but Q4 revenue of $ 567 million was less than consensus of $ 569.5 million.

Oceaneering (OII +3.66%) reported Q1 EPS of 70 cents, above consensus of 62 cents.

Ameriprise (AMP +0.99%) reported Q1 EPS of $ 2.18, weaker than consensus of $ 2.3.

United Stationers (USTR +0.36%) reported Q1 adjusted EPS of 52 cents, right on consensus, although Q1 revenue of $ 1.33 billion was below consensus of $ 1.35 billion.

eBay (EBAY +0.58%) rose over 5% in after-hours trading after it reported Q1 EPS of 77 cents, above consensus of 70 cents.

Equifax (EFX -0.31%) reported Q1 adjusted EPS of $ 1.07, higher than consensus of $ 1.02.

Las Vegas Sands (LVS +1.71%) fell nearly 3% in after-hours trading after it reported Q1 adjusted EPS of 66 cents, below consensus of 72 cents.

Skechers (SKX +1.38%) reported Q1 EPS of $ 1.10, higher than consensus of $ 1.01.

Plexus (PLXS -0.86%) reported Q2 EPS of 69 cents, right on consensus, although Q2 revenue of $ 651 million was above consensus of $ 645.45 million.

AT&T (T +0.61%) reported Q1 adjusted EPS of 63 cents, better than consensus of 62 cents.

Qualcomm (QCOM +0.54%) declined over 3% in after-hours trading after it reported Q2 EPS of $ 1.40, above consensus of $ 1.33, but then lowered guidance on fiscal 2015 EPS view to $ 4.60-$ 5.00 from $ 4.85-$ 5.05, at the low end of consensus at $ 5.00.

Facebook (FB +1.21%) fell over 1% in after-hours trading after reported Q1 EPS of 42 cents, higher than consensus of 40 cents, although Q1 revenue of $ 3.54 billion was below consensus of $ 3.56 billion.

MARKET COMMENTS

June E-mini S&Ps (ESM15 -0.24%) this morning are down -5.25 points (-0.25%). Wednesday’s closes: S&P 500 +0.51%, Dow Jones +0.49%, Nasdaq +0.56%. The S&P 500 on Wednesday closed higher on support from a rally in the Nikkei index to a 15-year high and a rally in China’s Shanghai Composite index to a fresh 7-year high. In addition, U.S. March existing home sales showed a strong increase of +6.1% to 5.19 million and Greek tensions eased a bit.

Jun 10-year T-notes (ZNM15 +0.11%) this morning are up +5 ticks. Wednesday’s closes: TYM5 -16.00, FVM5 -7.25. Jun 10-year T-notes on Wednesday closed lower on the stronger-than-expected +6.1% increase in U.S. Mar existing home sale to a 1-1/2 year high and reduced safe-haven demand as the Greek bond yield fell sharply and as U.S. stocks rallied.

The dollar index (DXY00 +0.09%) this morning is up +0.031 (+0.03%). EUR/USD (^EURUSD) is up +0.0015 (+0.14%). USD/JPY (^USDJPY) is up +0.08 (+0.07%) at a 1-week high. Wednesday’s closes: Dollar Index -0.072 (-0.07%), EUR/USD -0.00108 (-0.10%), USD/JPY +0.248 (+0.21%). The dollar index on Wednesday closed slightly lower in mostly technical trade. The dollar received support from the stronger-than-expected U.S. Mar existing home sales report but was undercut by EUR strength tied to reduced Greek tensions. The yen showed weakness with USD/JPY posting a 1-week high on news that Japan Mar imports plunged by -14.5% y/y, the biggest decline in 5-1/3 years.

Jun WTI crude oil (CLM15 -0.37%) this morning is down -16 cents (-0.28%) and Jun gasoline (RBM15 +0.35%) is up +0.0054 (+0.28%). Wednesday’s closes: CLM5 -0.45 (-0.79%), RBM5 +0.0339 (+1.79%). Jun crude oil closed lower on Wednesday after U.S. crude oil inventories rose by +5.315 million bbls to a record 489 million bbl. However, gasoline prices closed higher after weekly EIA gasoline inventories fell -2.135 million bbl to a 4-month low of 225.7 million bbl.

GLOBAL EVENT CALENDAR04/23/2015
US 0830 ET Weekly initial unemployment claims expected -7,000 to 287,000, previous +12,000 to 294,000. Weekly continuing claims expected +22,000 to 2.290 million, previous 40,000 to 2.268 million.
0830 ET USDA weekly Export Sales.
0945 ET Preliminary Apr Markit manufacturing PMI expected unch at 55.7, Mar 55.7.
1000 ET Mar new home sales expected -4.5% to 515,000, Feb +7.8% to 539,000.
1100 ET Apr Kansas City Fed manufacturing activity expected +2 to -2, Mar -5 to -4.
1100 ET Treasury announces amount of 2-year T-notes (previous $ 26 billion), 2-year floating-rate notes (previous $ 13 billion), 5-year T-notes (previous $ 35 billion) and 7-year T-notes (previous $ 29 billion) to be auctioned Apr 27-29.
1300 ET Treasury auctions $ 18 billion 5-year TIPS.
GER 0200 ET German May GfK consumer confidence, Apr 10.0.
0330 ET German Apr Markit/BME manufacturing PMI expected +0.2 to 53.0, Mar 52.8. Apr Markit services PMI expected +0.1 to 55.5, Mar 55.4.
EUR 0400 ET Eurozone Apr Markit manufacturing PMI expected +0.4 to 52.6, Mar 52.2. Apr composite PMI expected +0.4 to 54.4, Mar 54.0.
UK 0430 ET UK Mar public sector net borrowing expected +6.5 billion pounds, Feb +6.2 billion pounds.
0430 ET UK Mar retail sales ex autos expected +0.5% m/m and +5.5% y/y, Feb +0.7% m/m and +5.1% y/y.
0430 ET UK Mar retail sales including autos expected +0.4% m/m and +5.4% y/y, Feb +0.7% m/m and +5.7% y/y.
JPN 1950 ET Japan Mar PPI services expected +3.3% y/y, Feb +3.3% y/y.
U.S. STOCK CALENDAR04/23/2015
Company Ticker Time Event Description Period Estimate
Delphi Automotive PLC DLPH US 4:00 Annual General Meeting Y 2015
American Electric Power Co Inc AEP US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.126
CMS Energy Corp CMS US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.685
Dow Chemical Co/The DOW US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.758
EQT Corp EQT US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.629
Helmerich & Payne Inc HP US Bef-mkt Q2 2015 Earnings Release Q2 2015 0.81
Hershey Co/The HSY US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.154
Eli Lilly & Co LLY US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.763
Nucor Corp NUE US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.148
PulteGroup Inc PHM US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.202
Procter & Gamble Co/The PG US Bef-mkt Q3 2015 Earnings Release Q3 2015 0.922
Snap-on Inc SNA US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.818
BB&T Corp BBT US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.698
Southwest Airlines Co LUV US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.651
Stanley Black & Decker Inc SWK US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.95
Cameron International Corp CAM US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.702
Alexion Pharmaceuticals Inc ALXN US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.324
Quest Diagnostics Inc DGX US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.037
Mead Johnson Nutrition Co MJN US Bef-mkt Q1 2015 Earnings Release Q1 2015 1.052
Dr Pepper Snapple Group Inc DPS US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.761
AbbVie Inc ABBV US Bef-mkt Q1 2015 Earnings Release Q1 2015 0.851
Danaher Corp DHR US 6:00 Q1 2015 Earnings Release Q1 2015 0.934
Baxter International Inc BAX US 7:00 Q1 2015 Earnings Release Q1 2015 0.878
Ingersoll-Rand PLC IR US 7:00 Q1 2015 Earnings Release Q1 2015 0.32
Johnson Controls Inc JCI US 7:00 Q2 2015 Earnings Release Q2 2015 0.736
PepsiCo Inc PEP US 7:00 Q1 2015 Earnings Release Q1 2015 0.792
Altria Group Inc MO US 7:00 Q1 2015 Earnings Release Q1 2015 0.622
Raytheon Co RTN US 7:00 Q1 2015 Earnings Release Q1 2015 1.351
NASDAQ OMX Group Inc/The NDAQ US 7:00 Q1 2015 Earnings Release Q1 2015 0.779
Caterpillar Inc CAT US 7:30 Q1 2015 Earnings Release Q1 2015 1.339
3M Co MMM US 7:30 Q1 2015 Earnings Release Q1 2015 1.925
Rockwell Collins Inc COL US 7:30 Q2 2015 Earnings Release Q2 2015 1.207
General Motors Co GM US 7:30 Q1 2015 Earnings Release Q1 2015 0.966
Danaher Corp DHR US 8:00 Q1 2015 Earnings Call Q1 2015
Freeport-McMoRan Inc FCX US 8:00 Q1 2015 Earnings Release Q1 2015 -0.052
PepsiCo Inc PEP US 8:00 Q1 2015 Earnings Call Q1 2015
BB&T Corp BBT US 8:00 Q1 2015 Earnings Call Q1 2015
Stanley Black & Decker Inc SWK US 8:00 Q1 2015 Earnings Call Q1 2015
Union Pacific Corp UNP US 8:00 Q1 2015 Earnings Release Q1 2015 1.372
Lockheed Martin Corp LMT US 8:00 Annual General Meeting Y 2015
NASDAQ OMX Group Inc/The NDAQ US 8:00 Q1 2015 Earnings Call Q1 2015
Baxter International Inc BAX US 8:30 Q1 2015 Earnings Call Q1 2015
CMS Energy Corp CMS US 8:30 Q1 2015 Earnings Call Q1 2015
Equifax Inc EFX US 8:30 Q1 2015 Earnings Call Q1 2015
Hershey Co/The HSY US 8:30 Q1 2015 Earnings Call Q1 2015
Pfizer Inc PFE US 8:30 Annual General Meeting Y 2015
PulteGroup Inc PHM US 8:30 Q1 2015 Earnings Call Q1 2015
Procter & Gamble Co/The PG US 8:30 Q3 2015 Earnings Call Q3 2015
Quest Diagnostics Inc DGX US 8:30 Q1 2015 Earnings Call Q1 2015
Union Pacific Corp UNP US 8:45 Q1 2015 Earnings Call Q1 2015
American Electric Power Co Inc AEP US 9:00 Q1 2015 Earnings Call Q1 2015
Dow Chemical Co/The DOW US 9:00 Q1 2015 Earnings Call Q1 2015
Eli Lilly & Co LLY US 9:00 Q1 2015 Earnings Call Q1 2015
3M Co MMM US 9:00 Q1 2015 Earnings Call Q1 2015
Altria Group Inc MO US 9:00 Q1 2015 Earnings Call Q1 2015
Raytheon Co RTN US 9:00 Q1 2015 Earnings Call Q1 2015
Ameriprise Financial Inc AMP US 9:00 Q1 2015 Earnings Call Q1 2015
AbbVie Inc ABBV US 9:00 Q1 2015 Earnings Call Q1 2015
AES Corp/VA AES US 9:30 Annual General Meeting Y 2015
Cameron International Corp CAM US 9:30 Q1 2015 Earnings Call Q1 2015
Mead Johnson Nutrition Co MJN US 9:30 Q1 2015 Earnings Call Q1 2015
Freeport-McMoRan Inc FCX US 10:00 Q1 2015 Earnings Call Q1 2015
CenterPoint Energy Inc CNP US 10:00 Annual General Meeting Y 2015
Ingersoll-Rand PLC IR US 10:00 Q1 2015 Earnings Call Q1 2015
Snap-on Inc SNA US 10:00 Q1 2015 Earnings Call Q1 2015
T Rowe Price Group Inc TROW US 10:00 Annual General Meeting Y 2015
Alexion Pharmaceuticals Inc ALXN US 10:00 Q1 2015 Earnings Call Q1 2015
Rockwell Collins Inc COL US 10:00 Q2 2015 Earnings Call Q2 2015
Regions Financial Corp RF US 10:00 Annual General Meeting
General Motors Co GM US 10:00 Q1 2015 Earnings Call Q1 2015
EQT Corp EQT US 10:30 Q1 2015 Earnings Call Q1 2015
Johnson & Johnson JNJ US 10:30 Annual General Meeting Y 2015
Crown Castle International Corp CCI US 10:30 Q1 2015 Earnings Call Q1 2015
Caterpillar Inc CAT US 11:00 Q1 2015 Earnings Call Q1 2015
Helmerich & Payne Inc HP US 11:00 Q2 2015 Earnings Call Q2 2015
Johnson Controls Inc JCI US 11:00 Q2 2015 Earnings Call Q2 2015
Citigroup Inc C US 11:00 Q1 2015 Earnings Call – Fixed Income C1 2015
Charles Schwab Corp/The SCHW US 11:00 Business Update Call
Torchmark Corp TMK US 11:00 Q1 2015 Earnings Call Q1 2015
O’Reilly Automotive Inc ORLY US 11:00 Q1 2015 Earnings Call Q1 2015
Dr Pepper Snapple Group Inc DPS US 11:00 Q1 2015 Earnings Call Q1 2015
Ameren Corp AEE US 11:30 Annual General Meeting Y 2015
Southwest Airlines Co LUV US 12:30 Q1 2015 Earnings Call Q1 2015
Nucor Corp NUE US 14:00 Q1 2015 Earnings Call Q1 2015
Huntington Bancshares Inc/OH HBAN US 14:00 Annual General Meeting Y 2015
SL Green Realty Corp SLG US 14:00 Q1 2015 Earnings Call Q1 2015
Robert Half International Inc RHI US 16:00 Q1 2015 Earnings Release Q1 2015 0.563
Principal Financial Group Inc PFG US 16:00 Q1 2015 Earnings Release Q1 2015 1.049
Edwards Lifesciences Corp EW US 16:00 Q1 2015 Earnings Release Q1 2015 1.045
CR Bard Inc BCR US 16:05 Q1 2015 Earnings Release Q1 2015 2.072
Capital One Financial Corp COF US 16:05 Q1 2015 Earnings Release Q1 2015 1.871
E*TRADE Financial Corp ETFC US 16:05 Q1 2015 Earnings Release Q1 2015 0.248
VeriSign Inc VRSN US 16:05 Q1 2015 Earnings Release Q1 2015 0.754
KLA-Tencor Corp KLAC US 16:15 Q3 2015 Earnings Release Q3 2015 0.758
Altera Corp ALTR US 16:15 Q1 2015 Earnings Release Q1 2015 0.32
Avery Dennison Corp AVY US 16:30 Annual General Meeting
VeriSign Inc VRSN US 16:30 Q1 2015 Earnings Call Q1 2015
Google Inc GOOGL US 16:30 Q1 2015 Earnings Call Q1 2015
Hanesbrands Inc HBI US 16:30 Q1 2015 Earnings Call Q1 2015
Altera Corp ALTR US 16:45 Q1 2015 Earnings Call Q1 2015
CR Bard Inc BCR US 17:00 Q1 2015 Earnings Call Q1 2015
Chubb Corp/The CB US 17:00 Q1 2015 Earnings Call Q1 2015
Robert Half International Inc RHI US 17:00 Q1 2015 Earnings Call Q1 2015
KLA-Tencor Corp KLAC US 17:00 Q3 2015 Earnings Call Q3 2015
Starbucks Corp SBUX US 17:00 Q2 2015 Earnings Call Q2 2015
Capital One Financial Corp COF US 17:00 Q1 2015 Earnings Call Q1 2015
Stericycle Inc SRCL US 17:00 Q1 2015 Earnings Call Q1 2015
E*TRADE Financial Corp ETFC US 17:00 Q1 2015 Earnings Call Q1 2015
Republic Services Inc RSG US 17:00 Q1 2015 Earnings Call Q1 2015
Juniper Networks Inc JNPR US 17:00 Q1 2015 Earnings Call Q1 2015
Edwards Lifesciences Corp EW US 17:00 Q1 2015 Earnings Call Q1 2015
Chubb Corp/The CB US Aft-mkt Q1 2015 Earnings Release Q1 2015 1.519
Newmont Mining Corp NEM US Aft-mkt Q1 2015 Earnings Release Q1 2015 0.219
Southwestern Energy Co SWN US Aft-mkt Q1 2015 Earnings Release Q1 2015 0.218
Microsoft Corp MSFT US Aft-mkt Q3 2015 Earnings Release Q3 2015 0.527
Starbucks Corp SBUX US Aft-mkt Q2 2015 Earnings Release Q2 2015 0.329
Stericycle Inc SRCL US Aft-mkt Q1 2015 Earnings Release Q1 2015 1.096
Amazon.com Inc AMZN US Aft-mkt Q1 2015 Earnings Release Q1 2015 -0.124
Republic Services Inc RSG US Aft-mkt Q1 2015 Earnings Release Q1 2015 0.435
Google Inc GOOGL US Aft-mkt Q1 2015 Earnings Release Q1 2015 6.631
Juniper Networks Inc JNPR US Aft-mkt Q1 2015 Earnings Release Q1 2015 0.305
Hanesbrands Inc HBI US Aft-mkt Q1 2015 Earnings Release Q1 2015 0.225
Microsoft Corp MSFT US 17:30 Q3 2015 Earnings Call Q3 2015
Amazon.com Inc AMZN US 17:30 Q1 2015 Earnings Call Q1 2015
Intuitive Surgical Inc ISRG US 18:00 Annual General Meeting Y 2015
Cabot Oil & Gas Corp COG US Annual General Meeting
Edison International EIX US Annual General Meeting

Copyright (2015) © LiveIndex.org


Live Index

Live Index

Comments