Markets Watch Third Quarter Earnings From Banks To Energy
The next stock market test is third quarter earnings with low bar set. Analysts expect S P 500 profits to contract 4.5 percent, first quarterly drop since 2009. Energy profits fall nearly 65 percent, banks JPMorgan Chase Bank of America Wells Fargo Citigroup prepare to report.
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China
Federal Reserve
Standard & Poor
Ings
Thomson Reuters
John Stoltzfus
Oppenheimer
Jpmorgan Chase
Bank of America
Wells Fargo
Citigroup
Transocean
Petrobras
Chesapeake Energy
CHE
Chesapeake
Southwestern Energy
SWN
SWI
Wynn Resorts
WYNN
Golden Ensco
ESW
Tractor Supply
TSCO
Keurig Green Mountain
GMCR
Keurig Kold
Freeport-McMoRan
FCX
SigFig users show fee disparities among funds
Among SigFig mutual fund owners the poorest quartile paid high load fees of 5 percent or more at triple the rate of the wealthiest quartile. The finding highlights cost exposure differences across investor wealth levels using SigFig tracking services.
MENTIONED IN THIS ARTICLE
SigFig
America investors' tech stock allocations shown by SigFig data
Data from SigFig tracks over half a million investors with $200 billion in assets. Five day averages and six month figures show shifts in equity allocations to AAPL MSFT GOOG and other tech names. Largest holding patterns reveal MSFT and AAPL dominance with AAPL frequent in most bought and sold lists.
MENTIONED IN THIS ARTICLE
AAPL
MSFT
GOOG
SigFig
Lilly halts development of key cholesterol drug evacetrapib
Eli Lilly said it will discontinue late stage development of evacetrapib, part of a study with 12,095 patients, as it closes the program. The stock and airline notes mention market moves and hopes for profits amid tight capacity and fuel cost dynamics.
MENTIONED IN THIS ARTICLE
Eli Lilly
Lilly
VMWare to trade as public company after EMC deal
The virtualization software maker VMWare is 80 percent owned by EMC but remains separate from Dell's $67 billion buyout. It will trade on its own as an independent public company after the deal.
MENTIONED IN THIS ARTICLE
EMC
Dell
Vmware
History says October could mark stock market bottom
Investment analyst Sam Stovall notes the S&P 500 has fluctuated since May amid concerns over Q3 profits, Fed policy, and global economies. He cites 19 postwar corrections and an average five-month bottom from peaks, suggesting October may bring capitulation and a potential bottom for buyers who stay diversified and patient.
MENTIONED IN THIS ARTICLE
Standard & Poor
Fed
Sam Stovall
S&p Capital IQ
Stovall
Netflix growth likely to outpace own forecast after price rise
Netflix keeps growing as subscribers rise despite a $1 monthly hike for basic service. Analysts expect strong Q3 gains with US and international subs, forecasting 1.25 million US additions and 2.5 million international, plus solid revenue and earnings. Shares edged higher on the news.
MENTIONED IN THIS ARTICLE
Netflix
Ings
Stifel Financial Corp
Stifel
Wedbush Equity Research
U.S
Wedbush
BMO Capital Markets
Daniel Salmon
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