A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
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Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
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Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
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Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
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The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
Check out which companies are making headlines before the bell:
Boeing — Boeing lost 44 cents per share for the second quarter, much smaller than the 92 cent a share loss analysts were expecting. The loss was due to previously announced charges stemming from the 787, KC-46 tanker, and other programs. Revenue beat estimates, and while Boeing cut its full-year forecast to account for those charges, its forecast is above Street estimates.
Coca-Cola — Coke beat estimates by two cents a share, with quarterly profit of 60 cents per share. Revenue missed estimates. The beverage maker said international headwinds were more severe than anticipated, and that the macroeconomic environment worsened in the quarter. However, the company did see a three percent rise in organic revenue, thanks to better pricing.
Comcast — The NBCUniversal and CNBC parent earned 83 cents per share for the second quarter, two cents a share above estimates. Revenue also same in above forecasts. Comcast registered a three percent increase in revenue per cable customer over a year ago, and also saw good results for its internet and video businesses.
Anthem — The health insurer earned an adjusted $3.33 per share for the second quarter, ten cents a share above estimates. Revenue exceeded forecasts, as well. The company also said it remains committed to completing its planned acquisition of Cigna despite a Justice Department lawsuit aimed at blocking the deal.
Waste Management — The waste disposal company earned an adjusted 74 cents per share for the second quarter, three cents a share above estimates. Revenue also beat forecasts, with the company benefiting from better pricing and volumes.
Garmin — The maker of GPS devices earned 87 cents per share for the second quarter, 20 cents a share above estimates,. Revenue was far above forecasts, as well. Garmin also raised its full-year forecast, on improved sales in categories such as fitness and outdoor products.
Apple — Apple's stock jumped after quarterly profit of $1.42 a share beat estimates by four cents a share. Revenue also beat forecasts. Additionally, Apple gave strong current-quarter revenue guidance, and reported iPhone and iPad shipments that were higher than analysts had been estimating.
Twitter — Twitter reported adjusted quarterly profit of 13 cents per share, beating estimates by three cents a share. Revenue was below forecasts, however, and the company also gave lower-than-expected current-quarter revenue guidance. Revenue growth during the recently completed quarter was the slowest since Twitter went public in 2013.
Hilton — The hotel company missed estimates by a penny a share, with adjusted second quarter profit of 25 cents per share. Revenue was also slightly below forecasts. Hilton also gave a full-year forecast that came in below estimates.
Linear Technology — Linear agreed to be bought by rival semiconductor maker Analog Devices in a cash and stock deal worth $14.8 billion. The transaction values Linear at $60 per share, representing a 24 percent premium.
Panera Bread — Panera beat estimates by four cents a share, with adjusted quarterly profit of $1.78 per share. The restaurant chain's revenue also beat forecasts. Comparable-store sales at company-owned locations were up a slightly-better-than-expected 4.2 percent compared to a year earlier.
Buffalo Wild Wings — Buffalo Wild Wings reported quarterly profit of $1.27 per share, two cents a share above estimates. The chicken wings restaurant chain saw revenue come in below Street projections as same-store sales fell from a year earlier.
Anadarko Petroleum — Anadarko lost 60 cents per share for its latest quarter, a loss that was 20 cents a share smaller than expected. The oil and gas producer's revenue was slightly above estimates. Cost cutting helped Anadarko avoid a bigger loss.
U.S. Steel — The company reported a loss of 31 cents per share for its latest quarter, smaller than the 49 cent a share consensus estimate. The steel maker's revenue fell below estimates, however. The company said it is seeing an improving pricing environment and that its European operations saw its best results in nearly eight years.
Match Group — Match earned an adjusted 17 cents per share, one cent a share higher than forecasts. The dating services operator also saw revenue come in above estimates thanks to an agreement in paid subscribers for Tinder, Match.com, and OKCupid.
Deutsche Bank — The bank said it may need more cost cuts to turn its operations around, following a sharp decline in second quarter revenue.
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