Breaking Economic News
U.S. single-family home prices climbed for the first time in 10 months, in an encouraging sign the beaten sector is starting to stabilize.
Curve Ahead Market Strategies
Breaking News (3M)
3M (MMM, quote) thumps profit expectations with Q1 earnings per share of $1.59 vs $1.49 estimates.
Breaking News (AT&T)
AT&T thumps expectations with first quarter earnings of $0.60 per share versus forecasts of $0.57.
Analysis Upgrades
With such dismal market day a couple of bright spots among analysis upgrades today.
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Breaking News ( McDonald’s)
McDonald’s (MCD, quote) reported Q1 earnings of $1.23 per share on revenue of $6.55 billion. McDonald’s was expected to report earnings, excluding items, of $1.23 a share on revenue of $6.54 billion putting the earnings in line with analysis expectations.
Breaking News
Honeywell (HON, quote) posts an up surprise first-quarter earnings of $1.04 per share on revenues of $9.3 billion. The market was expected the Honeywell to earn 99 cents a share, on revenue of $9.15 billion
Breaking News
GE Operating Earnings 34 Cents a Share vs 33 Cents a Share Estimated
Morning Highlights
As we start last day of trading for the week the market’s weekly outcome reminds clouded. Both the Dow 30 and S&P 500 remind positive for week, however, the NASDAQ is in negative territory on a two day losing streak for all three indexes.
National Association of Realtors reported
The National Association of Realtors reported existing home sales fell 2.6% in March to an annual rate of 4.48 million units.
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