-
Focus On Guidance, Loan-Loss Provisions, Yields As Big Banks Prepare To Report Earnings
Friday, April 3, 2020 - 2:57pm | 1946Read More...Financial sector companies step up to the line to report earnings soon, but in a way it’s too bad they can’t just pass on this snapshot and advance directly to Q2 earnings season. Not because Q2 results will necessarily be better than Q1 (they might actually be worse), but because...
-
US GDP Growth Hits 2.1% In Q2, Beating Forecasts
Friday, July 26, 2019 - 8:32am | 499Read More...Despite concerns over a slowing global economy and negative impacts of the ongoing trade war with China, the U.S. grew its gross domestic product by 2.1% in the second quarter of 2019, according to the Bureau of Economic Analysis. The U.S. economy overcame falling economic growth forecasts around...
-
Economic Update: U.S. GDP
Wednesday, June 25, 2014 - 10:47am | 540Read More...The government’s second revision of the nation’s GDP for the first quarter of 2014 was even weaker than had been expected. The report stated that the economy’s growth rate of declined by 2.9 percent during the January through March period. The growth rate was also well below...
-
Benzinga Market Primer: Thursday, June 27
Thursday, June 27, 2013 - 5:30am | 1098Read More...Futures Tick Higher On Better Eurozone Confidence Data U.S. equity futures rose marginally in early pre-market trade following better than expected confidence data in the eurozone and a strong day Wednesday on the "tapering of the tapering" trade as investors fear tapering is further off given...
-
Benzinga Market Primer: Thursday, May 30
Thursday, May 30, 2013 - 5:28am | 1110Read More...Futures Slightly Lower After Wall Street Sell-Off, Surge in M&A U.S. equity futures traded slightly lower in early pre-market trade after another sell-off Wednesday despite an upswing in M&A activity. Several deals have been announced this week and the M&A market has remained strong in...
-
Benzinga Market Primer: Monday, April 29
Monday, April 29, 2013 - 5:20am | 1114Read More...Futures Rise on Stimulus Hopes Despite Weak GDP U.S. equity futures rose in early pre-market trade following gains in Europe on hopes of a rate cut from the European Central Bank this Thursday as markets shrugged off the weak GDP report from last Friday. The ECB is expected to cut the benchmark...
-
U.S. Economy Expands 2.5 Percent in First Quarter, Less Than Expected, Boosted by Consumer Spending
Friday, April 26, 2013 - 8:15am | 662Read More...The U.S. Economy expanded less than expected in the first quarter, according to the Bureau of Economic Analysis. Economists surveyed by Bloomberg were expecting a reading of 3.0 percent with estimates clustered around the number and the range of estimates of the survey encompassing 2.3-3.3 percent...
-
Benzinga Market Primer: Friday, April 26
Friday, April 26, 2013 - 5:33am | 1132Read More...Futures Lower Ahead of GDP U.S. equity futures traded lower in early pre-market trade ahead of the key U.S. first quarter GDP report due out at 8:30 am eastern. Economists surveyed by Bloomberg are expecting a growth rate of 3.1 percent in the first quarter with the range of estimates between 2.3-...
-
Weekly Preview: Earnings Season Continues, Apple In Focus
Friday, April 19, 2013 - 3:38pm | 2911Read More...Next week, earnings season continues as investors eye key earnings from technology behemoths Apple (NASDAQ: AAPL) and chip maker Texas Instruments (NASDAQ: TXN). Texas Instruments' earnings and guidance is considered a key indicator for the semiconductor, and the broader technology industry by...
-
Benzinga Market Primer: Thursday, March 28
Thursday, March 28, 2013 - 5:28am | 826Read More...Futures Lower On Europe Fears, Cyprus Banks, Eyeing GDP U.S. equity futures traded lower in early pre-market trade on European fears as Cyprus looks set to reopen its banks for the first time since a week ago Monday. The government will put in place harsh capital controls for a minimum of two...
-
Benzinga Market Primer: Thursday, February 28
Thursday, February 28, 2013 - 6:33am | 818Read More...Futures Flat On Draghi Stimulus Comments U.S. equity futures were relatively flat in early trade following comments from ECB President Mario Draghi. Draghi said that the bank has no intention of tightening policy anytime soon as inflation runs below target and that the bank is far from...
-
Benzinga Market Primer: Thursday, January 31
Thursday, January 31, 2013 - 6:34am | 917Read More...Futures Flat After GDP U.S. equity futures were flat in pre-market trade Thursday following the weak GDP report issued in the U.S. Wednesday. The Bureau of Economic Analysis reported that the economy contracted 0.1 percent in the fourth quarter. However, the underlying growth rate, excluding...
-
GDP Falls 0.1 Percent in Fourth Quarter, Inventories to Blame
Wednesday, January 30, 2013 - 9:20am | 610Read More...Fourth quarter GDP for the United States was reported as contracting 0.1 percent from the prior quarter, below economist forecasts of of 1.1 percent growth. The rate of contraction was also well below the 3.1 percent growth seen in the third quarter and, if first quarter GDP remains weak, the U.S...
-
Benzinga Market Primer: Wednesday, January 30
Wednesday, January 30, 2013 - 6:32am | 907Read More...Futures Flat Despite Italian Weakness, Eye FOMC Decision U.S. equity futures were flat in early trade as Italian shares plunged. This occurred as the euro rose above 1.35 against the dollar for the first time since 2011, showing broad strength against a basket of currencies. Economists and...
