Yahoo Reports After The Close. Here’s What To Expect.
Stocks are higher Tuesday as traders are focused on
generally good earnings.
Airbus unveiled its A380 SuperJumbo, the huge 800-passenger jet with a
tail the size of a 7-story building. The company has 14 orders thus far for the
$280 million jet. Rival Boeing
PowerRating) is shrugging off the news, trading
PowerRating) CEO Scott Livengood is stepping down; earlier
this month the company said it would restate 2004 financials and is also the
subject of a federal accounting investigation. KKD is trading up 12%.
PowerRating) reports after the close; the consensus is 0.11 on
$754 million in sales. Traders will focus on ad revenue as well as subscription
revenue. In Q3, subscription revenues was $104 million, or 16% of the total.
Strong sectors are: Airlines
PowerRating) +1.78%, Brokers
+1.70%, , Biotech
The dollar is +0.25 at
Crude Oil is +0.27 at
Gold is +1.10 to 422.90
ce=”Arial” size=”2″ face=”Arial”>Volume is 734 million on the NYSE and
984 million on the Nasdaq.
Market breadth is positive.
|Advancing||2013||Up Vol 478|
|Declining||1163||Down Vol 177|
|Advancing||1801||Up Vol 569|
|Declining||1157||Down Vol 350|
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