EmailEquities ended little changed after spending the vast majority of today's session in the red. The major averages began the day on a cautious note as European indices retreated in anticipation of an update from Monte dei Paschi regarding the size of derivative-related losses suffered by the world's oldest bank. Recent reports have suggested the bank's losses will exceed the original estimate of EUR720 million. This caused selling of the Italian 10-yr as its yield climbed 13 basis points to 4.58%, its worst level since mid-December 2012.
Other notable after hours movers on earnings: DV +11.8%, LF +5.6%, MPWR +5.5%, ZUMZ +5.2%, TRLG +4.7%, XIDE +4.4%, CBG +3.4%, GEOS +3.4%, EXP +2.7%, WGL +2.7%, AKAM -16.4%, ADEP -9.5%, IRBT -9.3%, PSMI -9.0%, GMCR -8.2%, OSUR -8.4%, TQNT -7.5%, ATML -4.1%, ARAY -3.9%
Today after the close the following companies reported earnings: CVA, CYS, PTP, IRBT, AIZ, AKAM, ARRS, BDN, EFX, IACI, ORLY, RE, SGMO, SRCL, TQNT, TYL, XXIA, CINF, DV, SPSC, EXP, FMC, RLD, CBG, FEIC, GPRE, QUIK, ALL, CNW, HOS, KEYW, PRE, PSMI, RRTS, SWM, TSO, V, ABCO, ATML, CEB, DRIV, FORM, LNC, MAA, MPWR, MTD, RNR, SWIR, WMS, YELP, AGII, ANDE, CBM, ENS, LF, PAA, PNG, SREV, TRLG, GCOM, NWSA, PL, TWO, VSAT, ARAY, ATO, GHDX, HIMX, OSUR, PRU, UHAL, ARX, MTRX, XIDE, NTES, SPB, WGL, GMCR, GIL, GEOS, ADEP, PDH
Futures are lower after hours: S&P 500 futures are -1.00 from fair value of 1507.90 and Nasdaq100 futures are -1.04 from fair value of 2741.29.
Tomorrow morning before the open three economic reports are scheduled to be released: 1) Initial Claims (Consensus 360k) and Continuing Claims (Consensus 3200k), 2) Productivity-Prel (Consensus -1.2%), and 3) Unit Labor Costs (Consensus 2.4%).
Tomorrow before the open the following companies are scheduled to report earnings: HLSS, HWAY, SNA, SIAL, BG, CCE, CLI, CS, FLIR, GPK, HOT, INGR, LAZ, MNI, NBL, NYT, ODFL, PACR, PMTI, PTEN, RTIX, S, SQNS, KKR, MPW, ARW, GLT, CI, EXC, GTIV , HPY, ONNN, PBH, SNE, SNI, TDC, TEVA, XYL, ALU, IT, NPO, OZM, ROLL, NNN, BR, IFF, MMYT, MSCI, TW, CTSH, AAP, BDC, MFC, MWW, PMFG, PMT, RSTI, THR, FLO, MMS, SBH, POST, SPH, GBDC
