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Dow reports third quarter 2024 results
Prnewswire· 2024-10-24 10:00
MIDLAND, Mich., Oct. 24, 2024 /PRNewswire/ -- Dow (NYSE: DOW):FINANCIAL HIGHLIGHTSGAAP earnings per share was $0.30; operating earnings per share (EPS)1 was $0.47, compared to $0.48 in the year-ago period and $0.68 in the prior quarter. Op. EPS excludes significant items totaling $0.17 per share, including restructuring and efficiency costs and charges related to a previously divested business.Net sales were $10.9 billion, up 1% compared to the year-ago period, led by higher sales in the U.S. & Canada. Sale ...
Dow Records Worst Session In Over A Month, Apple, Nvidia Drag Nasdaq Down: Fear Index Remains In 'Greed' Zone
Benzinga· 2024-10-24 06:30
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.U.S. stocks settled lower on Wednesday, with the Dow Jones index recording its worst session in over a month. Both the Dow and S&P 500 logged losses for the third straight session.Megacap stocks moved lower on Wednesday, with Apple Inc. AAPL and NVIDIA Corp. NVDA losing more than 2% during the session.McDonald’s Corporation MCD shares fell more than 5% on Wednesday f ...
Dow plummets over 600 points as McDonald's, Fed worries weigh on market
New York Post· 2024-10-23 18:53
Wall Street’s main indexes slid on Wednesday, with the Dow plunging more than 600 points, as worries of a less dovish Federal Reserve lifted Treasury yields, pressuring megacap stocks and amplifying losses in McDonald’s and Coca-Cola shares.In afternoon trading The Dow Jones Industrial Average tumbled 566 points, or 1.3%, to 42,358. The S&P 500 lost 1.5%, and the Nasdaq dropped more than 2%.The benchmark index is set to log its third consecutive day of decline, if losses hold. 3 The Dow and and S&P 500 we ...
Red-Hot Dow Stock Hoping for Post-Earnings Pop
Schaeffers Investment Research· 2024-10-23 17:24
Group 1 - Honeywell International Inc is set to report third-quarter earnings, with options traders showing bullish sentiment ahead of the event [1] - Historically, Honeywell's stock has reacted poorly post-earnings, with a 5.2% drop following its second-quarter report and negative movements after the last five earnings reports [1] - The options market is anticipating a 5.1% post-earnings move, significantly higher than the average of 2.9% from the last eight reports [1] Group 2 - Honeywell's stock is currently trading at $220.39, down 0.8%, but has increased by 5% year-to-date and 21.4% year-over-year [2] - The stock is on track for its best month of the year, partly due to plans to spin off its advanced materials business [2] - The 14-Day Relative Strength Index (RSI) indicates the stock is in 'overbought' territory at 90 [2] Group 3 - Options traders have shown strong activity, with 9,166 calls bought compared to 1,872 puts over the past two weeks, indicating a bullish outlook [2] - The 10-day call/put volume ratio is in the 93rd percentile of its annual range, suggesting call buying is near 12-month highs [2]
McDonald's E. Coli Outbreak Makes It the Worst Dow Stock Wednesday
Kiplinger.com· 2024-10-23 15:10
McDonald's (MCD) is the worst Dow Jones stock Wednesday after the Centers for Disease Control and Prevention (CDC) announced it is investigating an E. coli outbreak linked to the fast-food chain's Quarter Pounder hamburgers."This is a fast-moving outbreak investigation," the CDC said, adding that most of those impacted reported eating the restaurant's Quarter Pounders. Investigators are "working quickly" to identify which ingredient is contaminated. "McDonald's has pulled ingredients for these burgers, and ...
NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Nervous About Rates
FX Empire· 2024-10-23 12:33
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Dow Jones, S&P 500 to fall again as Wall Street remains under pressure
Proactiveinvestors NA· 2024-10-23 11:46
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
McDonald's E. Coli Crisis Sparks 7% Stock Drop, Pressuring Dow Futures
FX Empire· 2024-10-23 08:58
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Dow Jones to Expand WSJ Tech Live Event to Qatar
Prnewswire· 2024-10-22 23:00
Exclusive tech event will convene business leaders, investors and thought leaders in 2025LAGUNA BEACH, Calif., Oct. 22, 2024 /PRNewswire/ -- Dow Jones announced today the expansion of WSJ Tech Live through a multi-year agreement that will bring the marquee event to the State of Qatar starting next year. Appearing on stage at this year's event in Laguna Beach, Calif., Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office of the State of Qatar, and Almar Latour, publis ...
Dow Warms Up to Q3 Earnings: What's in the Offing for the Stock?
ZACKS· 2024-10-22 20:01
Dow Inc. (DOW) is scheduled to come up with third-quarter 2024 results before the opening bell on Oct. 24.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.DOW surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. It has a trailing four-quarter earnings surprise of 8.2% on average. Dow posted a negative earnings surprise of roughly 5.6% in the last reported quarter.While DOW is expected to have benefited from its cost and productivity initiativ ...