Pfizer And Amgen Release Earnings Today

Pfizer And Amgen Release Earnings Today

The market this morning isn't moving much, but today's tepid start is coming on the heels of yesterday's record closes on the Dow, the S&P 500, and the Nasdaq 100 NDAQ . Whether the strong start to November will continue is uncertain in this historically strong-performing month, but if it does, it will be the result of how it fares in the face of earnings results, Fed policy, economic reports, and whatever other news we are confronted with. For today at least, the name of the game is earnings. Under Armour (UA) beat expectations on the top and bottom line and also raised its full-year outlook. Although the overall sales number didn't wow as much as some would have liked, it appears they more than made up for it with their brick and mortar sales. DuPont de Nemours DD (DD) also had an earnings beat ($1. 15 actual v. $1. 11 est.), but cut its outlook. The company is a victim of the "supply-chain drain" that we have seen often lately. Conoco Phillips COP (COP) also beat estimates, turning out a $1. 77 profit after losing $0. 31 a year ago. The company benefited from rising oil prices; however, the