Today’s Stock Market News & Events: 10/20/2020

A full rundown of as we speak’s market-moving occasions and a recap of yesterday’s earnings beats and misses

Information continues to be launched detailing spikes in coronavirus circumstances world wide, and that knowledge triggered a licensed knock-out for the three main inventory market benchmarks yesterday. The Dow Jones Industrial Common (DJI – 28,195.42) misplaced 410.9 factors on Monday. The S&P 500 Index (SPX – three,426.92) fell 56.9 factors and the Nasdaq Composite (IXIC – 11,478.88) shed 192.7 factors. Wall Avenue’s “concern gauge,” the Cboe Volatility Index (VIX), posted its sixth-straight win and highest shut in practically two weeks. 

There was quite a bit occurring yesterday so we rounded up the highest actionable commerce concepts so that you can use right here:

All investor eyes shall be September’s housing begins and constructing permits as we speak, and one other full-to-the-brim earnings line-up as earnings season rages on.

To your comfort, we now have rounded up the businesses slated to launch their earnings as we speak, October 20:

• Albertsons Firm, Inc. (NYSE:ACI — $14.38) operates as a meals and drug retailer in america.
  • Albertsons will report its fiscal first-quarter earnings of 2021 earlier than the bell as we speak.
• Canadian Pacific Railway Restricted (NYSE:CP — $322.38) owns and operates a transcontinental freight railway in Canada and america.
  • Canadian Pacific will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Comerica Included (NYSE:CMA — $41.22) gives numerous monetary services.
  • Comerica will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Commerce Bancshares, Inc. (NASDAQ:CBSH — $58.52) gives retail, mortgage banking, company, funding, belief, and asset administration services. CBSH inventory has gone up 2.7% year-to-date.
  • Commerce Bancshares will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Dover Company (NYSE:DOV — $112.77) gives tools and elements, consumable provides, aftermarket elements, software program and digital options, and assist providers. DOV inventory has decreased four.2% year-over-year.
  • Dover will report its fiscal second-quarter earnings earlier than the bell as we speak.
• GATX Company (NYSE:GATX — $68.34) leases, operates, manages, and remarkets belongings within the rail and marine markets worldwide.
  • GATX will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Graphic Packaging Holding Firm (NYSE:GPK — $14.35) gives paper-based packaging options to meals, beverage, foodservice, and different shopper merchandise firms. GPK inventory is presently up 7.three% year-over-year.
  • Graphic Packaging will report its fiscal second-quarter earnings earlier than the bell as we speak.
• IQVIA Holdings, Inc. (NYSE: IQV — $164.05) gives superior analytics, know-how options, and contract analysis providers.
  • IQVIA will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Iridium Communications, Inc. (NASDAQ:IRDM — $28.23) gives cellular voice and knowledge communications providers and merchandise.
  • Iridium will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Lockheed Martin Company (NYSE:LMT — $383.71) is a safety and aerospace firm.
  • Lockheed Martin will report its fiscal second-quarter earnings earlier than the bell as we speak. LMT inventory soared after beating earnings and income tasks final quarter.
• ManpowerGroup, Inc. (NYSE:MAN — $72.24) is a safety and aerospace firm.
  • ManpowerGroup will report its fiscal second-quarter earnings earlier than the bell as we speak.
• NVR, Inc. (NYSE:NVR — $four,251.18) operates as a homebuilder in america.
  • NVR will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Omnicom Group, Inc. (NYSE:OMC — $50.84) gives promoting, advertising, and company communications providers.
  • Omnicom will report its fiscal second-quarter earnings earlier than the bell as we speak.
• PACCAR, Inc. (NASDAQ:PCAR — $91.06) designs, manufactures, and distributes gentle, medium, and heavy-duty industrial vans.
  • PACCAR will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Pentair plc (NYSE:PNR — $49.26) gives numerous good water options worldwide. PNR inventory is presently up 11.9% year-over-year.
  • Pentair will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Philip Morris Worldwide, Inc. (NYSE:PM — $77.98) manufactures and sells cigarettes, different nicotine-containing merchandise, smoke-free merchandise, and associated digital gadgets and equipment.
  • Philip Morris Worldwide will report its fiscal second-quarter earnings earlier than the bell as we speak.
• The Procter & Gamble Firm (NYSE:PG — $141.91) gives branded shopper packaged items.
• Prologis, Inc. (NYSE:PLD — $103.02) is a worldwide chief in logistics actual property with a deal with high-barrier, excessive development markets.
  • Prologis will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Areas Monetary Company (NYSE:RF — $12.34) is a monetary holding firm. RF has gone up 9.9% year-over-year.
  • Areas Monetary will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Signature Financial institution (NASDAQ:SBNY — $85.92) gives numerous enterprise and private banking services.
  • Signature Financial institution will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Synchrony Monetary (NYSE:SYF — $29.08) operates as a shopper monetary providers firm in america.
  • Synchrony Monetary will report its fiscal second-quarter earnings earlier than the bell as we speak.
• Synovus Monetary Corp. (NYSE:SNV — $23.84) operates because the financial institution holding firm for Synovus Financial institution.
  • Synovus will report its fiscal second-quarter earnings earlier than the bell as we speak.
• The Vacationers Corporations, Inc. (NYSE:TRV — $111.84) gives a spread of economic and private property, and casualty insurance coverage services. TRV inventory has elevated 2.7% year-to-date.
  • Vacationers will report its fiscal first-quarter earnings earlier than the bell as we speak.
• UBS Group AG (NYSE:UBS — $11.75) gives monetary recommendation and options to personal, institutional and company shopper worldwide. UBS inventory has gone up 26.7% year-to-date.
  • UBS will report its third-quarter earnings earlier than the bell as we speak.
• AVANGRID, Inc. (NYSE:AGR — $53.93) operates as an power providers holding firm in america.
  • AVANGRID will report its fiscal second-quarter earnings after the market closes as we speak.
• Canadian Nationwide Railway Firm (NYSE:CNI — $111.13) engages within the rail and associated transportation enterprise.
  • Canadian Nat’l Rail will report its fiscal second-quarter earnings after the market closes as we speak.
• Carlisle Corporations Included (NYSE:CSL — $125.45) operates as a diversified producer of engineered merchandise.
  • Carlisle Cos will report its fiscal second-quarter earnings after the market closes as we speak.
• First Midwest Banc, Inc. (NASDAQ:FMBI — $11.85) operates because the financial institution holding firm for First Midwest Financial institution.
  • First Midwest Banc will report its fiscal second-quarter earnings after the market closes as we speak.
• Fulton Monetary Company (NASDAQ:FULT — $10.14) operates as a multi-bank monetary holding firm.
  • Fulton Monetary will report its fiscal second-quarter earnings after the market closes as we speak.
• Hancock Whitney Company (NASDAQ:HWC — $21.62) operates because the financial institution holding firm for Hancock Whitney Financial institution.
  • Hancock Whitney will report its fiscal second-quarter earnings after the market closes as we speak.
• Healthcare Providers Group, Inc. (NASDAQ:HCSG — $23.41) gives administration, administrative, and working providers.
  • Healthcare Providers Group will report its fiscal second-quarter earnings after the market closes as we speak.
• Hope Bancorp, Inc. (NASDAQ:HOPE — $7.85) operates because the financial institution holding firm for Financial institution of Hope.
  • Hope Bancorp will report its fiscal second-quarter earnings after the market closes as we speak.
• Interactive Brokers Group, Inc. (NASDAQ:IBKR — $49.34) operates as an automatic digital dealer worldwide.
  • Interactive Brokers will report its fiscal second-quarter earnings after the market closes as we speak.
• iRobot Company (NASDAQ:IRBT — $91.38) designs, builds, and sells robots to the buyer market.
  • iRobot will report its fiscal second-quarter earnings after the market closes as we speak.
• Nationwide Financial institution Holdings Company (NYSE:NBHC — $29.93) operates because the financial institution holding firm for NBH Financial institution.
  • Nationwide Financial institution will report its fiscal second-quarter earnings after the market closes as we speak.
• Navient Company (NASDAQ:NAVI — $9.74) gives training mortgage administration and enterprise processing options.
  • Navient will report its fiscal second-quarter earnings after the market closes as we speak.
• Netflix, Inc. (NASDAQ:NFLX — $530.72) gives subscription streaming leisure service. NFLX Inventory bagged Avenue-high price-target hike originally of October. It is also value noting that NFLX inventory has been attracting the choices bulls in a frenzy because the stay-at-home inventory surged earlier this quarter.
  • Netflix will report its fiscal second-quarter earnings after the market closes as we speak.
• Pinnacle Monetary Companions, Inc. (NASDAQ:PNFP — $39.52) operates because the financial institution holding firm for Pinnacle Financial institution.
  • Pinnacle Finl will report its fiscal second-quarter earnings after the market closes as we speak.
• Rexford Industrial Realty, Inc. (NYSE:REXR — $48.55) is an actual property funding belief.
  • Rexford Industrial Realty will report its fiscal second-quarter earnings after the market closes as we speak.
• Snap, Inc. (NYSE:SNAP — $28.66) operates as a digicam firm in america and internationally. Simply yesterday, we dug into SNAP inventory’s fundamentals and recognized a significant development alternative for near-term buyers. Plus, earlier in October, we flagged a bullish sign indicating SNAP is poised for extra document highs.
  • Snap will report its fiscal second-quarter earnings after the market closes as we speak.
• Tenet Healthcare Company (NYSE:THC — $28.19) operates as a diversified healthcare providers firm.
  • Tenet Healthcare will report its fiscal second-quarter earnings after the market closes as we speak.
• Teradyne, Inc. (NASDAQ:TER — $86.67) designs, develops, manufactures, sells, and helps computerized take a look at tools worldwide.
  • Teradyne will report its fiscal second-quarter earnings after the market closes as we speak.
• Texas Devices Included (NASDAQ:TXN — $150.76) designs, manufactures, and sells semiconductors to electronics designers and producers worldwide.
  • Texas Devices will report its fiscal second-quarter earnings after the market closes as we speak.
• United Comm Banks, Inc. (NASDAQ:UCBI — $19.06) operates because the financial institution holding firm for United Neighborhood Financial institution.
  • United Comm Banks will report its fiscal second-quarter earnings after the market closes as we speak.
• USANA Well being Sciences, Inc. (NYSE:USNA — $77.54) develops, manufactures, and sells science-based dietary and private care merchandise.
  • USANA will report its fiscal second-quarter earnings after the market closes as we speak.
• W.R. Berkley Company (NYSE:WRB — $61.21) operates as a industrial line author in america and internationally.
  • W.R. Berkley will report its fiscal second-quarter earnings after the market closes as we speak.
• WD-40 Firm (NASDAQ:WDFC — $195.75) develops and sells upkeep merchandise, and homecare and cleansing merchandise.
  • WD-40 will report its third-quarter earnings after the market closes as we speak.

We’ve got additionally rounded up the outcomes of all these quarterly earnings reviews launched on Monday, October 19:

• Halliburton Firm (NYSE:HAL) gives a spread of providers and merchandise to grease and pure fuel firms worldwide. HAL is presently down 46.four% year-over-year. Halliburton reported its fiscal second-quarter earnings earlier than the bell yesterday.
  • Earnings per share fell 67.65% yr over yr to $zero.11, which beat the estimate of $zero.08. Income of $2,975,000,000 declined by 46.40% from the identical interval final yr, which missed the estimate of $three,090,000,000.

• HNI Company (NYSE:HNI) sells workplace furnishings and fireside merchandise. HNI reported its fiscal second-quarter earnings earlier than the bell yesterday.
  • Earnings per share have been down 34.26% yr over yr to $zero.71, which beat the estimate of $zero.46. Income of $507,zero63,000 decreased by 18.92% from the identical interval final yr, which beat the estimate of $496,500,000.

• Lennox Worldwide, Inc. (NYSE:LII) designs, manufactures, and markets a spread of merchandise for the heating, air flow, air con, and refrigeration markets. Lennox reported its fiscal second-quarter earnings earlier than the bell yesterday.
  • Earnings per share rose 5.69% over the previous yr to $three.53, which beat the estimate of $three.15. Income of $1,055,000,000 rose by 2.13% from the identical interval final yr, which beat the estimate of $994,450,000.

• Outdated Nationwide Bancorp (NASDAQ:ONB) gives numerous monetary providers to particular person and industrial prospects in america. Outdated Nationwide Bancorp reported its fiscal second-quarter earnings earlier than the bell yesterday.
  • Earnings per share rose 12.20% over the previous yr to $zero.46, which beat the estimate of $zero.33. Income of $210,332,000 up by 1.58% from the identical interval final yr, which beat the estimate of $201,890,000.

• Koniklijke Philips N.V.  (NYSE:PHG) operates as a well being know-how firm worldwide. PHG is up barely in 2020, clocking in up 6.three% year-to-date. Philips reported its fiscal second-quarter earnings earlier than the bell yesterday.

• Simmons First Nationwide Company (NASDAQ:SFNC) gives monetary services to people and companies. Simmons reported its newest quarterly earnings earlier than the bell yesterday.
  • Earnings per share fell 31.03% over the previous yr to $zero.60, which beat the estimate of $zero.40. Income of $225,461,000 decreased by three.62% yr over yr, which beat the estimate of $208,620,000.

• BancorpSouth Financial institution (NYSE:BXS) gives industrial banking and monetary providers to people and small-to-medium dimension companies. BancorpSouth reported its fiscal second-quarter earnings after the market closed yesterday.

• Cadence Design Techniques, Inc. (NASDAQ:CDNS) gives software program, , providers, and reusable built-in circuit (IC) design blocks worldwide. Cadence reported its fiscal second-quarter earnings after the market closed yesterday.
  • Earnings per share elevated 29.63% yr over yr to $zero.70, which beat the estimate of $zero.61. Income of $666,607,000 up by 15.01% from the identical interval final yr, which beat the estimate of $641,470,000.

• Crown Holdings, Inc. (NYSE:CCK) designs, manufactures, and sells packaging merchandise and tools for shopper items and industrial merchandise. Crown reported its fiscal second-quarter earnings after the market closed yesterday.
  • Earnings per share rose 25.64% yr over yr to $1.96, which beat the estimate of $1.58. Income of $three,167,000,000 up by 2.69% yr over yr, which beat the estimate of $three,zero40,000,000.

• Fairness Life-style Properties, Inc. (NYSE:ELS) is a self-administered, self-managed actual property funding belief. Fairness Life-style Properties reported its fiscal second-quarter earnings after the market closed yesterday.

• F.N.B. Company (NYSE:FNB) gives a spread of economic providers primarily to customers, companies, governments, and small- to medium-sized companies. F.N.B Corp. reported its fiscal second-quarter earnings after the market closed yesterday.

• Hexcel Company (NYSE: HXL) develops, manufactures, and markets structural supplies to be used in industrial aerospace, house and protection, and industrial markets. Hexcel reported its fiscal second-quarter earnings after the market closed yesterday.
  • Earnings per share have been down 132.22% over the previous yr to ($zero.29), which missed the estimate of $zero.08. Income of $286,900,000 decreased by 49.89% yr over yr, which missed the estimate of $360,990,000.

• Worldwide Enterprise Machines Company (NYSE:IBM) operates as an built-in options and providers firm worldwide. After reporting optimistic second-quarter earnings, no fewer than 5 analysts hiked their value targets for IBM inventory, boosting the inventory immediately. We reported on IBM’s potential for an unsightly October after reviewing the worst shares to personal on the S&P 500 over the previous 10 years… and IBM neared the highest of the listing. IBM reported its fiscal second-quarter earnings after the market closes yesterday.
  • Earnings per share decreased three.73% over the previous yr to $2.58, which have been according to the estimate of $2.58. Income of $17,560,000,000 decreased by 2.60% from the identical interval final yr, which beat the estimate of $17,540,000,000.

• Logitech Worldwide S.A. (NASDAQ:LOGI) designs, manufactures, and markets merchandise that helps folks hook up with digital and cloud experiences. Logitech report edits fiscal first-quarter earnings of 2021 after the market closed yesterday.

• PPG Industries, Inc. (NYSE:PPG) manufactures and distributes paints, coatings, and specialty supplies worldwide. PPG reported its fiscal second-quarter earnings after the market closed yesterday.
  • Earnings per share elevated 15.57% yr over yr to $1.93, which beat the estimate of $1.92. Income of $three,685,000,000 declined by three.69% from the identical interval final yr, which beat the estimate of $three,650,000,000.

• Metal Dynamics, Inc. (NASDAQ:STLD) operates as a metal producer and steel recycler in america. Metal Dynamics reported its fiscal second-quarter earnings after the market closes as we speak.

• Zions Bancorporation, Nationwide Affiliation (NASDAQ:ZION) gives numerous banking and associated providers. Zions Bancorp reported its fiscal second-quarter earnings after the market closed yesterday.

Wanting forward, the Federal Reserve’s “Beige guide” is on faucet, with earnings from Spirit Airways (SAVE), Tesla (TSLA), Verizon, and Whirlpool (WHR) slated for launch tomorrow, October 21. Bear in mind, all earnings and financial dates listed below are tentative and topic to vary. Please verify with every firm’s respective web site for official reporting dates.