April 17 - Goldman Sachs and Coca-Cola beat estimates; keep an eye on IBM, Yahoo and Intel reporting after the bell.
Earnings season in full swing Goldman Sachs and Coca-Cola. Beating estimates revenue for Johnson Johnson has slightly disappointing. And reporting after the bell today IBM Yahoo! and Intel. Start time had high hopes for the chipmaker with analysts saying the stock should trade at fifteen dollars higher at 43 bucks as opposed to the twenty dollar range. It's gonna introduce a new processor later this year which can support windows eight. And analysts are very optimistic about it and therefore have given anti higher earnings estimates which we predict you're gonna be going for the next requires. As Freddie and investors are also looking for a higher full year outlook if suffered and remains strong. Corporate earnings and results for Spanish sovereign bond option driving stocks higher today leading the advance on the S&P 500. Let's check out right now energy materials and information technology outlook looks percent. A mix that you economic data out this morning having little impact on stocks US housing starts -- march that permits rose to their highest level in years. If you're futures are up nearly two bucks I knew that -- and unblock a glut of oil from the midwest. Gold is sliding for a third day today and treasury prices are slipping bringing the yield on the ten year 2%. And that's a lot let's go to -- its markets correspondent and women who has more on First Solar wind is cutting 30%. Shares -- first dollar rose nearly 4% this morning. After he -- power company announced that it will shut down some of its manufacturing unit. What prices also rose giving up this to refinery stocks like Exxon and Chevron. Who -- more than 1%. The apple is not -- just yet shares in the tech giant are on the rebound today after declining for five days. The stock dropped 4% yesterday speaking fifty billion dollars on the market cap. -- shares of how America on the move right now I can see there more than 3% after the regional bank posted a higher first quarter profit. And don't even think about it that's the message -- new White House proposal cracking down on speculation in the oil futures markets. President Obama is looking for ten fold increase in the maximum civil and criminal penalties on manipulation he's also seeking more funding from congress so that the CFTC can increase its surveillance staff. And the proposal would give it to cede power to raise margin requirements in the oil futures markets. But suffocating man I'm John -- this -- writers.