
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
We are wrapping up another jammed-pack week of earnings reports. During the week ended April 24, we saw mixed earnings results from some of the biggest names for dividend investors.
On Monday morning, we saw several big-name earnings releases. The most important releases for dividend investors included:
The markets ended in the positive on Monday, due to upbeat earnings results and reports of China’s stimulus measures that are expected to improve its economy.
After hours, International Business Machines (IBM ) reported better-than-expected EPS results, but missed revenue expectations.
The Dow gained 1.2%, the S&P increased 0.9% and the Nasdaq rose 1.3%.
Before Tuesday’s opening bell, there was another big group of notable earnings releases.
The Dow dropped 0.5%, the S&P fell 0.2% and the Nasdaq rose 0.4%.
On Wednesday morning, the earnings releases continued:
Existing home sales for March jumped 6.1% to a seasonally adjusted annual rate of 5.19 million. This marked the biggest increase in sales since December 2011.
After hours, QUALCOMM (QCOM ) and AT&T (T ) reported quarterly earnings, both posting higher-than-expected results.
The Dow rose 0.5%, the S&P increased 0.5% and the Nasdaq rose 0.4%.
Thursday’s premarket presented yet another group of mixed earnings releases for the quarter.
On Thursday morning, we saw a drop in new home sales – as sales in March fell 11.4%. Weekly jobless claims increased for the third consecutive week. Claims increased by 1,000 to a seasonally adjusted 295,000.
After hours, Microsoft (MSFT ) reported lower profits, but beat analysts’ expectations.
The Dow rose 0.1%, the S&P increased 0.2% and the Nasdaq rose 0.4%.
Before the opening bell on Friday, the largest owner of malls Simon Property Group (SPG ) reported better-than-expected results for the first quarter. The REIT also announced that it has raised its dividend by 15%.
In economic news, durable goods orders for March increased by 4%, but indicated that company spending has continued to decline.
Next week, earnings season will continue with results from tech giant Apple {dividend aapl %}. While the focus will be on Apple’s earnings, we will also see results from Pfizer (PFE ), Merck (MRK ), UPS (UPS ), Kraft Liquid error: internal, Ford Motor Company Liquid error: internal and Exxon (XOM ).
In economic news, we will see the consumer confidence report on Tuesday, GDP on Wednesday and jobless claims on Thursday.
Be sure to follow us on Twitter @Dividenddotcom.