Yahoo Reports After The Close. Here’s What To Expect.

Stocks are higher Tuesday as traders are focused on
generally good earnings.

3M
(
MMM |
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PowerRating) reported 0.91, in-line.

Bank of America
(
BAC |
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PowerRating) reported a higher Q4 profit, in-line.

National City
(
NCC |
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PowerRating) said Q4 profit rose 76%.

Georgia Pacific
(
GP |
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PowerRating) said Q4 will miss due to asbestos-related
charges

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
(
BA |
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PowerRating) is shrugging off the news, trading
up 1%.

Krispy Kreme
(
KKD |
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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%.

Yahoo
(
YHOO |
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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
(
XAL.X |
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PowerRating) +1.78%, Brokers
(
XBD.X |
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PowerRating)
+1.70%, , Biotech
(
BTK.X |
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Chart |
News |
PowerRating) +1.61%.

Weak sectors are: Healthcare Providers
(
HMO.X |
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Chart |
News |
PowerRating) -0.08%.

 

Stocks in the News

Alcan
(
AL |
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PowerRating) warned that Q4 earnings would fall sharply from the
previous quarter.

Amsouth’s  
(
ASO |
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News |
PowerRating) fourth quarter net rose 12% and met
estimates.

Cimarex Energy
(
XEC |
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Chart |
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PowerRating) was mentioned favorably in Barron’s.

Freeport McMoran
(
FCX |
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Chart |
News |
PowerRating) beat estimates, reporting 1.08.

Brice Wightman