April 20 - GE, McDonald's and Honeywell beat estimates. Looking ahead at Conocco Phillips, Xerox, Hasbro and Apple reporting next week.
Are hundreds out of more than 400 S&P companies to go so far so good on the earnings front GE and -- that it is today. Our eyes -- the jet engines and actually equipment. American devoured McDonald's burgers boosting profits for the fast food chain. And Honeywell reported some sweet results raising its earnings forecast for the full year looking ahead to Monday kind of -- at Xerox and -- -- -- to report. Start on it's predicting earnings miss from the toy maker what other top ranked analysts had an EPS estimate that 46. Percent below -- -- Although many corporate giants reporting next week there is one company that may steal all the headlines that is apple. Start my history Robinson is the best analysts are all far above the mean estimate and he says that stock is currently undervalued. It should be priced around 850 dollars a share for several reasons. Apple isn't able to maintain those margins during a fantastic job in Madrid -- -- -- company does get that big. You always have concerns about its inventory piling up apple doesn't seem to have that issue. The real reasons -- -- right now a lot of people. -- get that bad -- that recently I think shareholders food dollars and 65 cents per share each corner. It's almost more experience he averaged out on that for a month maybe that's really read -- an update apple. US stocks higher today propped up by all those good earnings reports the S&P 500 -- -- for its biggest gain in the past five weeks. He's leading the -- higher at the moment. Is the S&P industrial sector at the bottom of the screen and gain of more than 1%. Let's take a look at treasury prices are sliding as investors that it equities. On the gold prices there are edging higher around 1641. An ounce and oil is moving up as well traders are cautious the president Obama's plan to dampen oil futures speculation. Good cause price swings. Meantime US regulators to score their first victory in a four year old effort to crack down on manipulation in the oil market. Commodity Futures Trading Commission announced of fourteen million dollar settlement with a high frequency trading firm October. That firm at which was allegedly using a rapid fire fool it called the hammer he allegedly influenced prices and out -- -- that big cases viewed as an important milestone for the CFTC. Now some stocks to watch let's go to writers markets correspondent Rodrigo camp. Marks of shares fell more than 5% this morning maybe the Dow Industrials but they after they posted earnings that beat market expectations. At least four brokerages including UBS and Barkley that the -- price target on the stock. Microsoft is expected to soon launch a tablet friendly version of windows that could further boost profits. And -- at these numbers today about it what happens after beat estimates business picked up outside North America and its deep water region. That's suffered trading at news and I'm Rhonda schaffler this is Rutgers.