Global Macro Perspectives
Intel (INTC): Q4 EPS of $0.40 vs. consensus of $0.10. Revenue of $10.6B (+28%) vs. $10.2B. Gross margin of 65%. JPMorgan (JPM): Q4 EPS of $0.74 vs. consensus of $0.87. Revenue of $23.16B vs. $26.8B. Adds $1.9B to consumer loan loss reserves, resulting in firm wide credit reserves of $32.5B and loan loss coverage ratio […]
I was away from the computer and away from the markets, so let me recap most important developments. MBA purchase applications were up 0.8% vs. 3.6% the week before. Retail sales in December disappointed coming out at -0.3% vs. 0.4% consensus and 1.3% in November. Initial jobless claims edged up reaching 444.000 vs. 437.000 consensus […]
Many big names reporting next week. Potential fireworks. Important U.S. earnings this week: Monday: Martin Luther King Jr. Day All Markets Closed Tuesday: Citigroup (C), CSX (CSX), International Business Machines (IBM) Wednesday: Coach (COH), Northern Trust (NTRS), US Bancorp (USB), eBay (EBAY), Wells Fargo & Company (WFC), Morgan Stanley (MS), The Bank of New York […]