Monday, October 19, 2015

Stocks Reporting Earnings

Earnings season for the third quarter of the calendar year is underway, and 24/7 Wall St. has put together a preview of some of the Dow Jones Industrial Average companies scheduled to report their quarterly results this week. We included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

8 Down stocks reporting earnings for this week are :

IBM

ding at $150.39 on Friday’s close. The consensus analyst price target is $157.83. The stock has a 52-week trading range of $140.56 to $182.84.
Verizon
Shares closed at $44.70 on Friday, in a 52-week trading range of $38.06 to $51.73. The stock has a consensus price target of $50.68

American Express
Shares ended last week at $77.21. The consensus price target is $83.40. The stock has a 52-week trading range of $71.71 to $94.89.

Boeing
Shares closed at $137.60 on Friday, in a 52-week trading range of $115.14 to $158.83. The stock has a consensus analyst price target of $163.05.

Coca-Cola
Shares were trading at $42.02 on Friday’s close. The consensus price target is $44.47. The stock has a 52-week trading range of $36.56 to $45.00.

3M
Shares were trading at $148.70 on Friday’s close. The consensus price target is $156.71. The stock has a 52-week trading range of $134.00 to $170.50
McDonald’s
Shares ended trading at $104.82 on Friday, in a 52-week trading range of $87.50 to $105.20. The stock has a consensus analyst price target of $104.48.

Proctor & Gamble
Shares closed trading at $74.90 on Friday. The consensus price target is $81.65. The stock has a 52-week trading range of $65.02 to $93.89.
$6.57 Billion Per Year
That's how much the credit card companies could stand to lose as Apple Pay gains steam. And there's one little behind-the-scenes company positioned to make early investors a fortune.

Sign-Ups While Co-Op System Crumbles

While there appears to be plenty of blame to go around, some critics complain that CMS has gone from nurturing the experimental co-ops to taking a hard line on the finances. As Martin Hickey, chief executive of New Mexico’s co-op, described the situation to The Post, “It’s kind of like the ACA is eating its young.”
At the same time, officials of the financially strapped co-ops have complained about receiving low payments from an ACA program called “risk corridors,” which was designed to protect participating insurers against heavy losses in cases where their risk pool is dominated by older and sicker patients requiring costly medical treatment. The Obama administration announced on October 1 that the ACA had collected only enough revenues to provide 12.6 percent of the $2.87 billion that the insurers were seeking.