[ad_1]
Here are five things you need to know for Thursday, July 19:
1. – Stocks lower on commercial war worries
U.S. Global stock markets fell on Thursday, July 19, and global equities were down, as fears of a trade war weighed on gains.
Data from Japan illustrate the more general concerns of the trade war with the exports of the world's third-largest economy. in the United States, down 0.9% in June – the first decline in 17 months – even as the country's trade surplus reached $ 5.24 billion due to slower imports of domestically produced goods. United States.
Companies also began to question the impact of Donald Trump's trade policies, according to the "Beige Book" survey of the Federal Reserve on the business climate in the region. June. The Fed said manufacturers from the 12 districts surveyed "have expressed concerns over tariffs and in many districts have reported higher prices and supply disruptions that they attribute to new trade policies" .
day of testimony before congressional lawmakers in Washington, telling the House Financial Services Committee that although 'we do not see it in global numbers yet because it's a 20 trillion economy dollars and these things take time to manifest … we hear Many, many corporate stories are concerned and are now starting to make investment decisions, or not, because of that. "
Dow Jones Industrial Average contracts
] The economic calendar in the United States on Thursday includes weekly claims at 8:30 am ET, Philadelphia Fed Business Outlook Survey for July at 8:30 am and leading indicators for June at 10 am
.2 – IBM has grown by 3% in the trading of pre-commercialization after adjusted earnings of $ 3.08 per share in the second quarter and revenues increased from $ 19.3 billion to $ 19 billion a year earlier.
IBM also reiterated the forecast for the first quarter. all of the year for a profit of at least $ 13.80 per share and free cash flow of about $ 12 billion.
In the second quarter, the giant of the technology broke its systems segment, which covers sales of hardware and related operating systems. Revenues increased 25% to $ 2.18 billion, easily exceeding estimates of $ 1.85 billion.
IBM's Cognitive Solutions business, which covers most of the company's software businesses and is by far the most profitable segment, has recorded a $ 4.58 billion business figure , up slightly from the previous year. During a conference call, Chief Financial Officer Jim Kavanaugh said that IBM's Cognitive Solutions business was subject to "transitions" in the areas of talented software, collaboration and commerce, while IBM was working on modernizing its offerings. in these areas. Whatever the case may be, the performance of cognitive solutions continues to follow those of software peers such as Microsoft Corp. (MSFT) and SAP SE (SAP), according to Eric Jhonsa of TheStreet.
3. – Microsoft, Danaher, Nucor report profits
Income reports are expected Thursday from Microsoft, New York Mellon Corp. Bank (BK), Danaher Corp. (DHR), Domino's Pizza Inc. (DPZ), Nucor Corp. (NUE), Travelers Cos (TRV), Union Pacific Corp. (UNP) and Philip Morris International Inc. (PM).
Microsoft, Nucor and Danaher are detained in Jim Cramer's Action Cracks PLUS member club. Do you want to be alerted before Jim Cramer buys or sells the shares? Learn more now
4. – John Schnatter held talks with Papa John with Wendy's
John Schnatter, founder of Papa John's International Inc. (PZZA) and recently ousted president, held discussions to merge the company's pizza with Wendy's Co. (WEN), The Wall Street Journal reported, citing people aware of the case.
Talks between representatives of Wendy and Schnatter, who remains on the board of directors and owns 29% of Papa John's, were preliminary and began before he left the presidency the week before. last for making racist comments on a media training call. The talks, which Papa John's board of directors was aware of, have cooled since the incident, said one of the people at the newspaper.
Separately, Schnatter stated that it was "a mistake" for him to resign from his position as president. In a letter to the board of directors, he accuses her of putting pressure on him so that he resigns without investigation. Schnatter also accused the commission of acting on the basis of "rumors and insinuations".
5. – UnitedHealth Eyes Tenet's Conifer Subsidiary – Report
UnitedHealth Group Inc. (UNH) is being executed for the Tenet Healthcare Corp (THC) Healthcare Management subsidiary, Conifer, in a agreement that could be valued at $ 2 billion, a report said.
A story in the Wall Street Journal's online edition, citing people close to the record, reported on Wednesday, July 18 that it was unclear who the other potential contenders were for Conifer, a company that accounted for 8% of the turnover of Tenet last year. The report also noted that there is no certainty that UnitedHealth will enter into an agreement for Conifer, and that Tenet may not sell the company.
UnitedHealth is a member of Jim Cramer Action Alert PLUS Action Club. Do you want to be notified before Jim Cramer buys or sells UNH? Learn more now
Free White Paper: 7 Things Every Investor Needs to Know in 2018. Start the second half of the day with our free white paper on seven key things to watch this year. Whether it is cash or three reasons why this bull market could turn off, our white paper presents the key strengths of a panel of stars that TheStreet and Fisher Investments recently hosted in New York. Click here to subscribe to your free online copy.
Source link
