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Trading at Noon: Earnings beats and misses

Thursday, 26 Apr, 2012 - 02:23

April 26 - Investors eye earnings as Aetna, CME Group miss and PulteGroup narrows loss. Expedia, Metlife and Starbucks report after close.

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Critics see if that isn't full slaying of the 200 S&P 500 companies reporting 75%. -- topped estimates so far. Today's earnings basket includes Aetna shares are plunging after the insurer missed estimates. Is CME group also disappointing investors that drop in first quarter profit. But the good news from a group home -- that new orders jumped the most in at least a year. Day -- from our corporate results after the ballot Expedia met life and Starbucks report. Start -- does not expect big surprise from the coffee chain the Smart estimate is looking for earnings per share of forty sex. Amazon results out after the bell and start -- -- is optimistic about its earnings. Predicting the online shopping giant will be the mean by seventeen cents on the higher profits and a web services that powers thousands of businesses globally. There are also seeing strong ebooks candle sales. And also consumer advertising spending. Amazon's marketplace business which allows third party vendors who sell their products on his platform is also expected to be in major growth driver. The business accounts for roughly 15% of Amazon's revenue. Shares of Amazon arm off slightly today. US stocks. Inching up shrugging off disappointing earnings from the morning giving stocks a -- -- pending home sales. Which soared to a two year high in March leading the advance on the S&P 500 is the telecoms sector with a gain of better than 1%. US prices right now trading above 104 dollars a barrel and gold is bouncing up for a third day after slightly weak initial jobless claims data. Treasurys also reacting to that -- eight. Bond prices are up today now for some stocks to watch let's go to Reuters markets correspondent Rodrigo Campos. Citrix Systems shares are up more than 9% this morning after the company beat expectations and raised full year outlook. Stocks have biggest post and -- that this morning and it's up nearly 40% here today. JPMorgan and Citigroup are among at least ten brokerages that raised the price target on the business software maker. And shares will be tell Liz Claiborne her up today its high end Kate Spade brands -- big gains but sales decline that is Juicy Couture stores. That is all for trading news and I'm Rhonda schaffler this is writers.

Trading at Noon: Earnings beats and misses

Thursday, 26 Apr, 2012 - 02:23

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