Pipeline on shore and hasnt stopped at this point. Crews are trying to contain the mess. Right now lets get to the market business of the morning. You can see this morning the futures are missed. Up by 5. 5 and nasdaq down by 0. 5. They say the country will not be able to make an imf payment due without its international lenders. The euro hitting a two week low on renewed concerns about athens debt and in Corporate News the Justice Department expected to announce a settlement with five of the worlds biggest banks. Theyre accused of rigging the currency market. Fines are seen topping 5 billion. The first out of the gate. The swiss bank says it will plead guilty and pay 545 million to u. S. Authorities. A possible change in u. S. Tax regulations would effect the spin off in alibaba. Its working toward the plan spin off in the Fourth Quarter and ads it understood the irs statement was not specific to the company. It was a statement made yesterday about shifts in how they were going to be
Up lets get you up to speed on the markets. U. S. Equity futures are suggesting a positive open and implied open of 70 points for the dow and s p nearly 9 and for the nasdaq a little more than 24 points. Right where we were yesterday before the retail sales report. Heres the other big stories were watching today. Two economic reports due at 8 30 eastern. Well hear from kohls before the bell and this afternoon watch for nordstrom among others and in Corporate News General Electric is going to sell its commercial finance business. This is part of the plan to spin off most of ge capital. The business is worth around 5 billion dollars. The dow closed yesterday just over 18,000 so up or down or up a little some days and down a little other days. Flat lining still. Thats 2015 and really the story this year. Good today though up 72 points indicated on the dow jones up 9 on the s p. Nasdaq, the strongest in premarket trade up 24 indicated up 25 so far on the session. European markets are mixed
Ulta Beauty, Inc. (NASDAQ:ULTA) Q1 2024 Earnings Call Transcript insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Advance Auto Parts, Inc. (NYSE:AAP) Q1 2024 Earnings Call Transcript insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.