Donderdag 22 april:
Vandaag wordt het de heftigste dag met cijfers over het 1e kwartaal, er komen ongeveer 500 bedrijven met hun cijfers. Enkele opvallende namen zijn Caterpillar (CAT), SAP AG (SAP) en Viacom (VIA.b) voor Wall Street zijn deuren opent. Nabeurs komen o.a. Microsoft (MSFT), Amazon.com (AMZN), Amgen (AMGN) en Xilinx (XLNX). Economische cijfers krijgen we in de vorm van de PPI over maart en de wekelijkse initial claims.
- 18:15 ET Wednesday After Hours : prices levels vs. 4 pm ET: After digesting a slew of earnings that have produced wide gyrations in individual stock prices, the after hours market is... relatively unchanged. Presently, the S&P futures, at 1123, are flat with fair value, and the Nasdaq 100 futures, at 1151, are 2 points below fair value. Most of the earnings news has been encouraging, but a handful of disappointing pronouncements - such as KLA-Tencor's (KLAC) guidance - have held the market back.
- Altera (ALTR) +3% : Programmable logic devices (PLD) manufacturer tops the Q1 (Mar) Reuters Research consensus EPS and sales estimates even after nudging up forecasts during its mid-quarter update; Company continues to experience strong end market demand, and issues better than expected Q2 (June) revenue guidance ($260-265 mln) on its call; 2H04 gross margin target was also increased to 67%
- eBay (EBAY) +3%: Online marketplace exceeds the Street's Q1 (Mar) EPS estimate by $0.05 after guiding higher on Jan 21; Management also raises its FY04 (Dec) outlook for a second time and indicates that Q2 (June) revenue estimates may be too low
- Juniper Networks (JNPR) -7%: Communications equipment company delivers upside in its Q1 (Mar) report and issues its first guidance including the impact of Netcreen; Numbers are not comparable to consensus estimates as a result of the latter, but Q2 (June) gross margin guidance of 68-69% is lower than the current product gross margin of 70.9%; Stock collapses in turn and takes CSCO (-2%) with it
- KLA Tencor (KLAC) -9%: Third-largest chip maker surpasses the Q3 (Mar) Reuters Research consensus estimates, but gives a more tepid outlook for Q4 (June); On call, company put revenues at $440-450 mln (consensus of $457.8 mln), EPS at $0.43-0.45 (consensus of $0.43), and orders at down 15%-up 10% citing two large orders that may or may not close in Q4; AMAT & NVLS get hit off the news, both down 4%
- Qualcomm (QCOM) +2% : Designer of CDMA technology reports Q2 (Mar) profits that rose 39% and revenues that increased 14% - ahead of both company guidance and consensus estimates; Qualcomm also boosts its yearly outlook and guides Q3 (June) EPS and revenues well above market expectations; ThinkEquity predicted such upside in Briefing.com's Earnings Preview on In-Play, a Platinum product
- Veritas Software (VRTSE) +2% : After warning for Q1 (Mar), supplier of storage software products beats the Street's EPS, revenue, and license revenue estimates; Company also guides Q2 (June) revenues to th e high end of analyst estimates; Stock gets a nice pop after selling off 30% year-to-date
Guy Boscart,