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there’s always a stock every single day, whose price follows these thomson eps changes, to the penny…
-=- you serious about making money, BOOKMARK me.
this morning’s earnings from Eaton Corp. (ETN 41.23, +2.17). The stock is up 5.6% after the company announced earnings of $1.15 per share which topped the Capital IQ Consensus Estimate of $1.09. Revenues fell short of the $4.24 billion estimate coming in at $4.07 billion. Earnings per share guidance for full-year 2012 was lowered to $4.20-4.50 from the previous estimate of $4.30-4.70 while full-year revenues are now expected to come in at $16.69 billion which is down from the previously expected $16.93 billion.
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. Restaurants continued to record poor performances with industry bellwether McDonalds (MCD 88.92, -2.66) missing expectations as headwinds from overseas and on rising costs of food products weigh on results.
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above 7% is bad,
Traders continue to watch peripheral yields as both the Italian and Spanish 10-yrs are up close to 20 basis points at their respective 6.31% and 7.40%. Deutsche Bank (DB 28.23, -1.82)
