Below is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five
minutes. Apply for daily AM access by clicking here or email
minutes@benzinga.com.
Macro Focus
Futures for the Dow Jones Industrial Average gained 3 points to 20,054.00, while the Standard & Poor’s 500 index futures fell
0.25 points to 2,293.75. Futures for the Nasdaq 100 index gained 6 points to 5,153.75.
Oil prices traded lower as Brent crude futures dropped 1 percent to trade at $55.68 per barrel, while US WTI crude futures also
fell 0.67 percent to trade at $53.42 a barrel.
USA GDP (QoQ) for Q4 Prelim 1.90% vs 2.20% consensus estimate; The prior reading was 3.50%. GDP Price Index (QoQ) for Q4
2.10%.
- The University of Michigan's consumer sentiment index for January is schedule for release at 10:00 a.m. ET.
- The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
BZ News Desk Focus
-
Alphabet (NASDAQ: GOOG)(NASDAQ:
GOOGL) Reports Q4 Adj. EPS $9.36 vs $9.64 Est., Q4
Sales Ex-TAC $21.22B
-
American Air (NASDAQ: AAL) Reports Q4
Adj. EPS $1.48 vs $0.92 Est., Sales $9.789B vs $9.74B Est.
-
Microsoft (NASDAQ: MSFT) Reports Q2
Adj. EPS $0.83 vs $0.79 Est., Q2 Adj Revenue $26.1B, May Compare Better to $25.28B Est
-
Starbucks (NASDAQ: SBUX) Reports Q1 EPS
$0.52 In-line, Sales $5.73B vs $5.85B Est
-
Intel (NASDAQ: INTC) Reports Q4 EPS
$0.73 vs $0.75 Est., Sales $16.4B vs $15.8B Est.
-
Colgate (NYSE: CL) Reports Q4 EPS $0.68 vs.
Est. $0.76, Rev. $3.72B vs. Est. $3.87B
-
Juniper (NYSE: JNPR) Reports Q4 Adj. EPS
$0.66 vs $0.63 Est., Sales $1.386B vs $1.36B Est.
-
Wynn (NASDAQ: WYNN) Reports Q2 EPS
$1.12 vs. Est. $0.86, Rev. $1.3B vs. Est. $1.26B
Sell-Side's Most Noteworthy Calls
- Argus downgraded JetBlue (NASDAQ: JBLU) to Hold.
- Goldman Sachs downgraded Whirlpool (NYSE: WHR) to Neutral.
- RBC Cpaital upgraded Ford Motor (NYSE: F)
to Outperform.
- Wells Fargo upgraded Caterpillar (NYSE: CAT) to Outperform.
- Argus started Splunk (NASDAQ: SPLK)
at Hold.
Deal Talk
Sanofi (NYSE: SNY) is said to be exploring
an acquisition of Tesaro (NASDAQ: TSRO),
according to sources as reported by Street Insider. The sources say Morgan Stanley is working as an advisor on a potential deal.
Tesaro closed at $153.36 on Thursday, up 9.54 percent.
Alibaba (NYSE: BABA) payment affiliate Ant
Financial agreed to purchase Moneygram (NASDAQ: MGI) for $880 million. The merger is the latest step in Alibaba’s international
expansion efforts. Alibaba is certainly not the only big-name tech stock making a big move into the mobile payment and electronic
payment transfer space. After building a dominant market share.
In The News
Federal agencies are scrambling to handle a chaotic transition of
power between two diametrically different leaders. This has led to confusion over what government websites can display, what
employees are allowed to do with publicly funded work and growing social-media activism aimed at rebutting President Donald
Trump.
It’s been a bleak decade for journalists. Every week brings another round of layoffs spurned by shifting consumer trends. The
losses are the only constant in the evolving industry. And at this tumultuous time, some are leaving by
choice.
Blogosphere
Ugly's Coming for India's
Best Banks: "Indian bank investors are in for a rude shock, and one that's got little to do with the chaos unleashed by
demonetization.The fault lies in shareholders' own expectations, which, in Morgan Stanley's words, are driven by "institutional
memory." The top three Indian private-sector lenders by assets -- ICICI Bank Ltd., HDFC Bank Ltd. and Axis Bank Ltd. -- have such a
stellar record of boosting their net interest margins that it's almost unthinkable the profit gear could now be in reverse. But in
reverse it might well be."
Trending
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