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2014 Oct 17, 8:22am
Brent Set To Post Fourth Straight Loss As Prices Plunge
Brent crude oil looked set to post its fourth loss in as many weeks as the weakening global economy weighed on prices. The commodity traded at $85.95 at 8:00 GMT as most expected to see OPEC accept the low prices rather than cutting output to boost prices. Both Europe and China have struggled...
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2014 Oct 17, 8:22am
Euro Continues To Fall As Budget Issues Arise
The euro looked likely to finish the week on a low note, trading at $1.2787 at 7:00 GMT. The common currency has been under pressure as the eurozone looks likely to slip back into a period of recession despite policymakers’ best efforts to stave off another financial crisis. On top of a...
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Benzinga's Top #PreMarket Losers
2014 Oct 17, 8:14amUrban Outfitters (NASDAQ: URBN) shares slipped 13.19% to $30.00 in pre-market trading after it warned that fourth-quarter profits may be hurt by lower-than expected sales. Analysts at Morgan Stanley downgraded Urban Outfitters from Overweight to Equal-weight and lowered the price target from $44 to...
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Benzinga's Top #PreMarket Gainers
2014 Oct 17, 8:07amIBio (NYSE: IBIO) shares jumped 10.58% to $2.09 in pre-market trading after surging 35.97% on Thursday. Noble Energy (NYSE: NBL) shares jumped 10.06% to $62.37 in pre-market trading after rising 3.32% on Thursday. Sarepta Therapeutics (NASDAQ: SRPT) shares rose 9.87% to $24.50 in pre-market...
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#PreMarket Primer: Friday, October 17: CDC Under Fire As Ebola Panic Grows
2014 Oct 17, 7:46am
After a second case of Ebola among nurses working with a Liberian man surfaced, Americans began to worry about the disease spreading across the country. The second nurse, Amber Joy Vinson, took a flight to and from Cleveland while exhibiting symptoms of the disease, something that could have...
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US Stock Futures Jump Ahead of Earnings
2014 Oct 17, 7:28am
Pre-open movers US stock futures traded higher in early pre-market trade. Data on housing starts for September will be released at 8:30 a.m. ET, while the Reuter's/University of Michigan's consumer sentiment index for October will be released at 9:55 a.m. ET. Futures for the Dow Jones Industrial...
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Earnings Scheduled For October 17, 2014
2014 Oct 17, 5:37am
General Electric Company (NYSE: GE) is expected to report its Q3 earnings at $0.37 per share on revenue of $36.79 billion. Morgan Stanley (NYSE: MS) is projected to report its Q3 earnings at $0.54 per share on revenue of $8.17 billion. Comerica (NYSE: CMA) is estimated to report its Q3 earnings at...
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Stocks To Watch For October 17, 2014
2014 Oct 17, 4:01am
Some of the stocks that may grab investor focus today are: Wall Street expects Morgan Stanley (NYSE: MS) to report its Q3 earnings at $0.54 per share on revenue of $8.17 billion. Morgan Stanley shares rose 0.37% to $32.65 in after-hours trading. Advanced Micro Devices (NYSE: AMD) reported downbeat...
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Benzinga's Top #PreMarket Losers
2014 Oct 16, 8:12amNetflix (NASDAQ: NFLX) shares slipped 25.99% to $332.02 in pre-market trading as the company issued a weak forecast for the fourth quarter. During the quarter, Netflix added 3.02 million subscribers, below prior outlook of 3.69 million additions. Baker Hughes (NYSE: BHI) fell 12.08% to $47.15 in...
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Benzinga's Top #PreMarket Gainers
2014 Oct 16, 8:07amVimicro International (NASDAQ: VIMC) shares rose 13.34% to $8.75 in pre-market trading after the company announced $39.80 million contract wins in Taiyuan City of Shanxi province. OraSure Technologies (NASDAQ: OSUR) shares jumped 11.39% to $9.29 in pre-market trading after gaining 3.99% on...
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2014 Oct 16, 7:57am
Euro Marginally Higher As Dollar Weakens
The euro made its way higher on Thursday due in large part to a weaker dollar. The common currency traded at $1.2788 at 8:00 GMT despite a growing dispute between the EU and France over the nation’s 2015 budget. Weak economic data out of the U.S. helped push the greenback lower, as most...
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2014 Oct 16, 7:56am
Brent Drops Even Lower As Supply Glut Grows
Brent crude oil sunk lower on Thursday as the global supply glut continued to grow amid worries that the global economy was falling off track. The commodity traded at $82.97 at 8:45 GMT after weak data from the U.S. on Wednesday exacerbated worries about a slowdown. On Wednesday, retail sales...
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#PreMarket Primer: Thursday, October 16: This Year's Spending Season Could Be Muted
2014 Oct 16, 7:40am
Despite months of positive growth, consumer spending faltered in September, falling 0.3 percent. The decline came shortly after a report showed that consumer confidence was also weighing on American shopping preferences. Now with the holiday shopping season on the horizon, many retailers worry...
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US Stock Futures Signal Lower Start On Wall Street
2014 Oct 16, 7:33am
Pre-open movers US stock futures traded lower in early pre-market trade. Goldman Sachs Group (NYSE: GS) and Google (NASDAQ: GOOGL) are expected to post quarterly earnings today. Data on weekly jobless claims will be released at 8:30 a.m. ET, while industrial production data for September will be...
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Earnings Scheduled For October 16, 2014
2014 Oct 16, 4:50am
Delta Air Lines (NYSE: DAL) is projected to report its Q3 earnings at $1.18 per share on revenue of $11.12 billion. The Goldman Sachs Group (NYSE: GS) is estimated to report its Q3 earnings at $3.21 per share on revenue of $7.85 billion. Google (NASDAQ: GOOGL) is projected to post its Q3 earnings...
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