NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, April 30:
1. -- U.S. stock futures were little changed Tuesday as the markets paused ahead of consumer sentiment and home price reports and a number of corporate earnings releases.
2. -- The economic calendar in the U.S. Tuesday includes the Case-Shiller 20-city Index for February at 9 a.m. EDT, Chicago PMI for April at 9:45 a.m., and consumer confidence for April at 10 a.m.
3. -- U.S. stocks on Monday closed with gains after a report showed an improvement in home contract signings, a positive sign on national housing demand and economic momentum. The S&P 500 added 0.7% to close at 1,593.60.
4. -- Best Buy (BBY), the electronics retailer, is exiting Europe by agreeing to sell its 50% stake in a joint venture with Europe's Carphone Warehouse back to Carphone Warehouse for about $775 million. Best Buy bought 50% of the mobile-phone company's European retail operations for about $2.1 billion in 2008 as it looked to expand across Europe. But the venture proved costly, and Best Buy had to abandon plans to build megastores on the continent.
5. -- Drug giant Pfizer (PFE) said first-quarter net income rose 53% but adjusted earnings fell to 54 cents a share from 57 cents a share a year earlier. Revenue fell 9% to $13.5 billion. Analysts were expecting Pfizer to report earnings of 55 cents a share on revenue of $13.99 billion.
6. -- British oil company BP (BP) posted underlying replacement cost net profit of $4.22 billion in the first quarter, down from $4.65 billion a year earlier. But the first-quarter numbers topped analysts' estimates.
7. -- Swiss banking giant UBS (UBS) posted first-quarter net profit of $1 billion, a swing from a $2 billion loss in the fourth quarter of 2012 thanks to strong investment banking and wealth management.
8. -- Herbalife (HLF) on Monday posted earnings that beat Wall Street's first-quarter estimates and raised earnings guidance. The nutrition specialist reported revenue of $1.1 billion, a 17% increase over the prior year's quarter, topping analysts' estimates of $1.07 billion. Herbalife also enjoyed volume growth of 13% from the same period last year. Excluding items, Herbalife earned $1.27 a share, up from 88 cents a share in the prior year's quarter. Analysts were looking for earnings of $1.07 a share.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV