U.S. stock-index futures rose moderately on Friday, as a slew of strong corporate earnings reports powered a rebound in the stock market after steep losses in the previous session.
Global Stocks:
| Index/commodity | Last | Today's Change, points | Today's Change, % |
| Nikkei | 22,532.08 | -126.08 | -0.56% |
| Hang Seng | 25,561.40 | +106.85 | +0.42% |
| Shanghai | 2,550.47 | +64.05 | +2.58% |
| S&P/ASX | 5,939.50 | -2.90 | -0.05% |
| FTSE | 7,051.11 | +24.12 | +0.34% |
| CAC | 5,081.99 | -34.80 | -0.68% |
| DAX | 11,567.67 | -21.54 | -0.19% |
| Crude | $69.33 | | +0.99% |
| Gold | $1,231.70 | | +0.13% |
(company / ticker / price / change ($/%) / volume)
| ALCOA INC. | AA | 39.19 | 0.34(0.88%) | 2386 |
| ALTRIA GROUP INC. | MO | 61.18 | 0.25(0.41%) | 1054 |
| Amazon.com Inc., NASDAQ | AMZN | 1,783.21 | 12.49(0.71%) | 67285 |
| American Express Co | AXP | 103.75 | 0.91(0.89%) | 5322 |
| AMERICAN INTERNATIONAL GROUP | AIG | 46.88 | -1.73(-3.56%) | 10254 |
| Apple Inc. | AAPL | 218.45 | 2.43(1.12%) | 338307 |
| AT&T Inc | T | 32.57 | 0.07(0.22%) | 18958 |
| Barrick Gold Corporation, NYSE | ABX | 13.22 | 0.06(0.46%) | 81102 |
| Boeing Co | BA | 361.5 | 2.15(0.60%) | 6683 |
| Caterpillar Inc | CAT | 136.25 | 1.31(0.97%) | 13552 |
| Chevron Corp | CVX | 117.75 | 0.28(0.24%) | 2927 |
| Citigroup Inc., NYSE | C | 68.8 | 0.18(0.26%) | 18067 |
| Deere & Company, NYSE | DE | 147.99 | 0.79(0.54%) | 1100 |
| Exxon Mobil Corp | XOM | 82.05 | 0.20(0.24%) | 10569 |
| Facebook, Inc. | FB | 156.15 | 1.23(0.79%) | 95607 |
| FedEx Corporation, NYSE | FDX | 219 | 1.71(0.79%) | 960 |
| Ford Motor Co. | F | 8.35 | -0.16(-1.88%) | 457213 |
| Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 12.32 | 0.18(1.48%) | 27067 |
| General Electric Co | GE | 12.4 | 0.02(0.16%) | 190039 |
| General Motors Company, NYSE | GM | 30.85 | -0.23(-0.74%) | 62368 |
| Goldman Sachs | GS | 225.43 | 0.48(0.21%) | 9951 |
| Google Inc. | GOOG | 1,098.97 | 11.00(1.01%) | 7125 |
| Home Depot Inc | HD | 180.56 | 0.12(0.07%) | 1972 |
| HONEYWELL INTERNATIONAL INC. | HON | 159.14 | 3.95(2.55%) | 6316 |
| Intel Corp | INTC | 45.09 | 0.12(0.27%) | 59972 |
| International Business Machines Co... | IBM | 130.93 | 0.38(0.29%) | 15527 |
| Johnson & Johnson | JNJ | 139.72 | 0.22(0.16%) | 6509 |
| JPMorgan Chase and Co | JPM | 108.5 | 0.41(0.38%) | 8499 |
| McDonald's Corp | MCD | 167.25 | 0.44(0.26%) | 946 |
| Microsoft Corp | MSFT | 109.11 | 0.61(0.56%) | 104384 |
| Nike | NKE | 76 | 0.40(0.53%) | 3262 |
| Pfizer Inc | PFE | 43.95 | -0.05(-0.11%) | 3531 |
| Procter & Gamble Co | PG | 84.59 | 4.35(5.42%) | 224402 |
| Tesla Motors, Inc., NASDAQ | TSLA | 266.5 | 2.59(0.98%) | 84718 |
| Twitter, Inc., NYSE | TWTR | 29.37 | 0.08(0.27%) | 64924 |
| United Technologies Corp | UTX | 128.96 | 0.02(0.02%) | 455 |
| UnitedHealth Group Inc | UNH | 267.9 | 1.09(0.41%) | 3893 |
| Visa | V | 140.06 | 0.77(0.55%) | 6374 |
| Wal-Mart Stores Inc | WMT | 96.5 | 0.33(0.34%) | 1982 |
| Walt Disney Co | DIS | 117.65 | 1.47(1.27%) | 19478 |
| Yandex N.V., NASDAQ | YNDX | 30.77 | 1.28(4.34%) | 258845 |
Apple (AAPL) initiated with Outperform at Wedbush; target $310
Travelers (TRV) downgraded to Neutral from Buy at Citigroup
Walt Disney (DIS) upgraded to Overweight from Equal-Weight at Barclays
Procter & Gamble (PG) reported Q1 FY 2019 earnings of $1.12 per share (versus $1.09 in Q1 FY 2018), beating analysts' consensus estimate of $1.09.
The company's quarterly revenues amounted to $16.690 bln (+0.2% y/y), beating analysts' consensus estimate of $16.451 bln.
The company also issued guidance for FY 2019, projecting EPS of ~$4.35-4.5 (+3-8% y/y; versus analysts' consensus estimate of $4.37) and revenues of ~$65.50-66.83 bln (-2-0% y/y; versus analysts' consensus estimate of $66.58 bln).
PG rose to $84.15 (4.87%) in pre-market trading.
Honeywell (HON) reported Q3 FY 2018 earnings of $2.03 per share (versus $1.74 in Q3 FY 2017), beating analysts' consensus estimate of $1.99.
The company's quarterly revenues amounted to $10.762 bln (+6.3% y/y), generally in line with analysts' consensus estimate of $10.750 bln.
The company also issued Q4 guidance, projecting EPS of $1.85-1.90 (versus analysts' consensus estimate of $2.07) and revenues of $9.6-9.7 bln (versus analysts' consensus estimate of $11.09 bln).
HON rose to $159.75 (+2.94%) in pre-market trading.
PayPal (PYPL) reported Q3 FY 2018 earnings of $0.58 per share (versus $0.46 in Q3 FY 2017), beating analysts' consensus estimate of $0.54.
The company's quarterly revenues amounted to $3.683 bln (+13.7% y/y), generally in-line with analysts' consensus estimate of $3.663 bln.
The company also issued in-line guidance for Q4, projecting EPS of $0.65-0.67 (versus analysts' consensus estimate of $0.65) and revenues of $4.195-4.275 bln (versus analysts' consensus estimate of $4.21 bln).
It raised its FY 2018 EPS guidance to $2.38-2.40 from $2.32-2.35 and revenue guidance to $15.42-15.50 bln from $15.3-15.5 bln.
PYPL rose to $82.66 (+6.69%) in pre-market trading.
American Express (AXP) reported Q3 FY 2018 earnings of $1.88 per share (versus $1.50 in Q3 FY 2017), beating analysts' consensus estimate of $1.77.
The company's quarterly revenues amounted to $10.144 bln (+9.2% y/y), generally in-line with analysts' consensus estimate of $10.060 bln.
The company also issued upside guidance for FY 2018, projecting EPS of $7.30-7.40 (compared to its prior guidance of "high end of $6.90-7.30" and analysts' consensus estimate of $7.29) and revenues of +9-10% y/y (versus its prior growth guidance of "at least 9%").
AXP rose to $104.00 (+1.13%) in pre-market trading.