Companies Reporting Before The Bell
• Procter & Gamble (NYSE:PG) is estimated to report quarterly earnings at $1.59 per share on revenue of $20.73 billion.
Last week’s big bank earnings marked the unofficial start of the reporting season, and quarterly earnings from the biggest Wall Street firms relayed a mixed message.
The fourth-quarter reporting season is around the corner, and it is one of the key catalysts that will likely determine the near-term stock market trajectory.
UBS cut Microsoft Corporation (NASDAQ: MSFT) price target from $300 to $250. UBS analyst Karl Keirstead downgraded the stock from Buy to Neutral. Microsoft shares fell 2% to $234.73 in pre-market trading.
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Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.