9:00am (EST) MARKET COMMENTARY Futures are pointing towards a higher open this morning after reversing course overnight. There are a number of companies reporting earnings this morning as the bulk of 3Q reports get underway this week. Hasbro (HAS, $29.52) said it earned $150 million, or $0.99 a share, versus $138 million, or $0.89 a share, a year ago. Wall Street had estimates pegged at $0.93 a share. Gannett (GCI, $13.00) saw its third-quarter profits fall 53% but results still beat Wall Street’s expectations. The company earned $74 million, or $0.31 a share, compared with a profit of $158 million, or $0.69 a share, in the year-ago period. As we head to press, Dow futures are higher by 45, to 9,969. S&P 500 futures are up 5, to 1,088, while the Nasdaq 100 futures are showing a 10 point pop to 1,742. About 25% of the S&P 500 will report earnings this week so we are expecting some volatility. Subscribers, check the Members Area for the trade updates… EARNINGS Monday: Apple (AAPL, $188.05, down $2.51), BB&T (BBT, $28.25,down $0.36), Boston Scientific (BSX, $10.02, down $0.08), Eaton (ETN, $60.42, up $0.23), Gannett (GCI, $13.00, down $0.19), Hasbro (HAS, $29.52, up $0.83), Jefferies (JEF, $29.91, down $0.45), Lincare Holdings (LNCR, $31.75, up $0.27) and Texas Instruments (TXN, $22.75, down $0.50). Tuesday: Biogen Idec (BIIB, $49.20, down $0.59), BlackRock (BLK, $225.55, down $0.61), Brinker International (EAT, $16.50, up $0.36), Coach (COH, $34.11, down $0.60), Coca-Cola (KO, $55.01, up $0.09), Cree (CREE, $40.33, up $0.06), DuPont (DD, $34.10, down $0.47), Forest Laboratories (FRX, $29.66, down $0.52), Gilead Sciences (GILD, $46.17, down $0.46), Intuitive Surgical (ISRG, $255.43, down $3.90), Lexmark International (LXK, $22.15, down $0.44), optionsXpress Holdings (OXPS, $18.17, down $0.09), Peabody Energy (BTU, $41.90, down $0.35), Pfizer (PFE, $17.77, up $0.11), SanDisk (SNDK, $20.98, down $1.02), Sherwin-Williams (SHW, $62.65, down $0.45), Sonic (SONC, $11.04, up $0.30), State Street (STT, $52.92, down $1.83), United Technologies (UTX, $64.89, up $0.49), Western Union (WU, $19.78, down $0.08) and Yahoo (YHOO, $16.81, up $0.29). Wednesday: Altria Group (MO, $18.27, up $0.02), AmeriCredit (ACF, $16.59, down $0.69), Amgen (AMGN, $61.32, down $0.51), eBay (EBAY, $24.49, down $0.42), Eli Lilly (LLY, $34.44, down $0.06), F5 Networks (FFIV, $42.63, down $0.95), Freeport-McMoRan Copper & Gold (FCX, $75.73, down $0.20), P.F. Chang’s China Bistro (PFCB, $34.88, down $0.12), Piper Jaffray (PJC, $55.77, down $1.63), Stanley Works (SWK, $45.75, down $0.09), Tractor Supply (TSCO, $52.37, down $0.08), U.S. Bancorp (USB, $23.41, down $0.60), VMware (VMW, $44.76, down $0.81) and Wells Fargo (WFC, $30.02, down $1.36). Thursday: 3M Company (MMM, $76.02, down $0.75), Amazon.com (AMZN, $95.32, down $0.69), American Express (AXP, $34.95, down $0.59), AT&T (T, $25.70, down $0.21), Black & Decker (BDK, $50.20, down $1.00), Bristol-Myers Squibb (BMY, $22.88, down $0.33), Broadcom (BRCM, $29.98, down $0.40), Capital One Financial (COF, $36.35, down $1.77), Chipotle Mexican Grill (CMG, $90.53, down $0.50), Greenhill (GHL, $95.12, down $0.37), Interactive Brokers Group (IBKR, $20.33, down $0.60), JetBlue Airways (JBLU, $5.76, up $0.01), Juniper Networks (JNPR, $26.50, down $0.78), Legg Mason (LM, $32,69, down $1.01), McDonald’s (MCD, $58.78, up $0.58), Merck (MRK, $33.21, down $0.09), Netflix (NFLX, $48.99, down $1.36), Philip Morris International (PM, $50.95, up $0.57), PNC Financial Services Group (PNC, $44.71, down $1.09), Potash (POT, $97.40, up $3.21), Schering-Plough (SGP, $29.29, down $0.20), Travelers Companies (TRV, $48.67, up $0.12) and United Parcel Service (UPS, $57.12, down $0.59). Friday: Dr. Reddy’s Laboratories (RDY, $20.46, down $0.37), Fortune Brands (FO, $43.18, down $0.43), Honeywell (HON, $37.79, up $0.03), Microsoft (MSFT, $26.50, down $0.21), Schlumberger (SLB, $69.08, up $0.29) and Whirlpool (WHR, $72.73, down $0.67).]]>
