Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stock Futures Mixed; Travelers, DuPont Post Better Than Expected Results

Tuesday, January 22, 2013 8:52 AM
U.S. stock futures are pointing towards a mixed start on Tuesday as investors, after a long weekend, refocus on the earnings season with quarterly report from International Business Machines Corp. (NYSE: IBM), and Google Inc. (NASDAQ: GOOG) keenly anticipated. Investors will also closely monitor U.S. economic data this week. At last check, futures on Dow Jones Industrial Average Index slipped 0.06%; those on NASDAQ 100 gained 0.18% while futures on S&P 500 Index inched up 0.02%. On economic news front, at 8:30 a.m. EST, the Chicago national activity index is slated to be released at 8:30 a.m. Eastern Later at 10 a.m. EST, existing-home sales is due. Economists polled by MarketWatch are expecting sales of 5.10 million for December against 5.04 million in the earlier month. On Tuesday investors can expect avalanche of earnings results. Some of the big names include: Johnson & Johnson (NYSE: JNJ), IBM, Google and Texas Instruments Inc. (NASDAQ: TXN). DuPont posted better than expected quarterly results. DuPont reported fourth-quarter earnings per share (non-GAAP) of 11 cents on of revenue of $7.3 billion. Analysts polled by Thomson Reuters were expecting earnings (excluding-items/ Non GAAP) of 7 cents a share on revenue of $7.3 billion. Shares of Verizon Communications Inc. (NYSE: VZ) fell in premarket trading after the company reported a fourth-quarter loss per share of $1.48. Excluding-items the company reported fourth-quarter earnings per share were 38 cents. Despite devastating storm hurricane Sandy, Travelers Companies Inc. (NYSE: TRV) posted better than expected results. The Insurance Company reported fourth-quarter adjusted earnings of 72 cents a share on Tuesday, against $1.51, in the year earlier quarter.Revenue during the period stood at $5.38 billion. Analysts polled by Thomson Reuters had expected Travelers to report earnings excluding items of 14 cents a share on $5.34 billion in revenue. Elsewhere in Asia , equities ended mainly lower with Nikkei falling 0.35% for the day. In Europe mainly all leading benchmark indexes traded in red territory with Pan European Stoxx 600 slipping 0.11%, at last check.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

Target to hire Pepsi executive Brian Cornell as CEO: WSJTarget to hire Pepsi executive Brian Cornell as CEO: WSJ
(Reuters) - Target Corp <TGT.N> is hiring PepsiCo Inc <PEP.N> executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Target has been looking for a new chie...
Argentina braces for market reaction to second default in 12 yearsArgentina braces for market reaction to second default in 12 years
BUENOS AIRES (Reuters) - Argentina defaulted for the second time in 12 years after hopes for a midnight deal with holdout creditors were dashed, setting up stock and bond prices for declines on Thur...
Amazon quickens push into tough local services marketAmazon quickens push into tough local services market
SAN FRANCISCO (Reuters) - Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc <AMZN.O> was taking no...
China should set less ambitious 2015 growth target, refrain from stimulus: IMFChina should set less ambitious 2015 growth target, refrain from stimulus: IMF
BEIJING (Reuters) - China should set an economic growth target of 6.5-7 percent for 2015 and refrain from stimulus measures unless the economy threatens to slow sharply from that level, the Internatio...
China should set lower 2015 GDP growth target of 6.5-7 percent: IMFChina should set lower 2015 GDP growth target of 6.5-7 percent: IMF
BEIJING (Reuters) - China should set an economic growth target of 6.5-7 percent for 2015, below its goal for 2014, and refrain from stimulus measures unless activity threatens to slow sharply from tha...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.