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US Senator: CDC Are About To Confirm 3rd US Case Of Coronavirus
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US Output Growth Quickens To Ten-Month High - Markit
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3 hours ago
US Markit Mfg PMI Jan P: 51.7 (est 52.4; prev 52.4)
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- Markit Svc PMI Jan P: 53.2 (est 53.0; prev 52.8)

- Markit Comp PMI Jan P: 53.1 (prev 52.7)

3 hours ago
Belgium Business Confidence (Jan): -2 (est -3.1, prev -3.4)
4 hours ago
US Cash Equity Preview: 24/01/20
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US index futures edged higher this morning while stocks jumped in Europe as investors digested the latest corporate news and economic data, setting aside for now fears over a deadly virus spreading from China.

 

American Express – reported quarterly earnings of $2.03 per share, 2 cents a share above estimates. Revenue was slightly above consensus while growth during 2019 was driven by higher card fee income as well as increased spending by cardholders.

 

Intel – reported quarterly profit of $1.52 per share, beating the consensus estimate of $1.25. Revenue also exceeded Wall Street forecasts, helped by an improvement in personal computer and data center demand. Intel also gave an upbeat current-quarter outlook, as well as announcing a 5% dividend increase.

 

Walt Disney – Shanghai Disney resort will close until further notice, as officials try to stop the spread of the coronavirus. The closure comes during China’s seven-day Lunar New Year holiday, normally an extremely busy time for the resort.

 

Ford - expects to take a pretax hit of about $2.2 billion in the fourth-quarter due to contributions to its employee pension plans and retirement benefits.

 

Ericsson – posted a smaller-than-expected profit for the fourth quarter, hit by higher costs for 5G development as well as a weaker US market.

 

Broadcom – struck a deal to supply Apple with wireless components for products through 2023, in a transaction worth an estimated $15 billion. Apple currently accounts for about 20% of Broadcom’s annual revenue.

 

Bayer - in an effort to settle tens of thousands of claims that its weed killer causes cancer, lawyers for some plaintiffs are discussing with the company deals that could lead to a total payout of about $10 billion, according to BBG sources.

4 hours ago
Retail Sales Increase In November
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4 hours ago
Canada Retail Sales (M/M): 0.9% (est 0.6%, prev R-1.1%)
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  • Canada Retail Sales Ex Auto (M/M): 0.2% (est 0.5%, prevR -0.4%)
4 hours ago
Mexico Economic Activity (M/M) Nov +0.1%
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-Mexico Economic Activity (Y/Y) Nov -1.2%

6 hours ago

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