MasterCard (MA, $237.39) and Visa (V, $75.10) report earnings this morning. Both of these companies had huge IPO’s. MasterCard become public two years ago at $40 and is up six-fold since its debut. Visa went public March 19th and closed at $56.50 on its first day of trading. In early-morning trading, Visa is up nearly 3%, or $1.90, to $77.00. MasterCard is up $2.05.

Plum Creek Timber (PCL, $42.65) is a timber company and operates as a REIT (real estate investment trust). A month ago, the company lowered its earnings outlook as residential construction activity remained week. Plum Creek pays a 4% dividend.

Sohu.com (SOHU, $61.84) was up $2 Friday ahead of earnings. I expect strong earnings from them this morning and believe they are one of the better China Internet plays out there. The May 70 calls (UZKEM, $2.90) were heavily traded on Friday and could get a big pop with a good report.

Also, William Wrigley Jr. Co. (WWY, $62.45) is up 26% to $79 before the bell as Mars candy, with the help of Warren Buffett, is buying the gum maker for $23 billion.

Rick Rouse
Rick@OptionsMentoring.com