Investors to Focus on Corporate Earnings; Global Unrest Drives Stocks Down
PUBLISHED ON: Jul 21, 2014
Stocks fell sharply during the early trading session today, but recovered slightly to end the day barely down. The global uncertainty, particularly in Ukraine and Gaza, is weighing heavily over investors. Many large U.S. companies will be releasing their Q2 corporate earnings reports tomorrow and investors have high hopes. These companies include Apple (AAPL), Microsoft (MSFT), and Coca-Cola (KO). Verizon (VZ) is launching a new loyalty program this week that will be available to its over 100-million U.S.subscribers. The catch is that you must consent to have your movements tracked so Verizon can help target ads to you, to earn points.
Word on the Street
- Is the Fed close to achieving their goals?
- Yahoo (YHOO) is purchasing mobile ad company, Flurry.
- Investors are rethinking "buy-the-dip" mentality.
- Blackberry (BBRY) names new COO.
- Herbalife's (HLF) shares tumble 6%.
- 4 companies that reported less-than-expected profit.
- Reynolds American (RAI) to challenge $23.6B punitive damages award.
Posted in ...Daily Market Commentary