A soft ending to the stock day
The US stocks are ending the day just off the lows for the day. The NASDAQ index by the way with a -1.27% decline.
The final numbers are showing:
- S&P index -20.97 points or -0.61% at 3218.44.
- NASDAQ index fell -134.17 points or -1.27% at 10402.09
- Dow industrial average fell by -205.49 points or -0.77% at 26379.28
After the close Starbucks is reporting a less than expected loss and a sales beat. They also expect the 4th quarter to show a significant rebound. Earnings-per-share came in at $ -0.46 vs. $ -0.59 expectations. The revenues also be at $ 4.2 billion vs. $ 4.06 billion estimate.
Amgen earnings and revenues came in better-than-expected. However after an early rise, the price is currently trading lower in after hour trading. Earnings-per-share came in at $ 4.25 I was higher than the $ 3 and 84 expected. Revenues grew by $ 6.21 billion vs. expectations of $ 6.18 billion.
These earnings-per-share came in a little bit better at $ 1.07 vs. $ 1.03 expectations. Revenues were little light however at $ 4.8 billion vs. $ 4.82 billion expected
Ebay earnings came and at $ 1.08 vs. $ 1.06 expectations. They also raised their year end outlook