Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stock Futures Edge Higher

Thursday, February 7, 2013 8:44 AM
U.S. stock futures inched higher on Thursday, taking cues from European equities that turned higher after the Bank of England (BOE) kept benchmark interest rate unchanged. The European Central Bank (ECB) is also scheduled to announce its policy rate statement at 7:45 EST. It is expected that the monetary union’s central bank will keep the benchmark rate unchanged at 0.75%. At around 7:00 a.m. EST, futures on Dow Jones Industrial Average Index gained 0.18%; those on NASDAQ 100 added 0.12% while futures on S&P 500 Index tacked higher 0.13%. The U.S. Labor Department's is scheduled to release its weekly initial jobless claims at 8:30 a.m. EST, Economists polled by Briefing.com are expecting 360,000 first-time claims in the week ending February 2, down from 368,000 in the last week. Also at the same time, a data on the productivity of the U.S. business for the fourth quarter is due for a release. Economists polled by MarketWatch are expecting productivity to fall by 1.5%. On earnings front, Sprint Nextel Corp. (NYSE: S) is scheduled to report quarterly results ahead of the morning bell while professional networking site, LinkedIn Corp. (NYSE: LNKD) will announce results after the closing bell. Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) will be under spotlight. Although fiscal first quarter earnings topped company’s own earlier guidance, its full-year outlook on sales is lackluster. The company said that coffee industry is now translating into mature industry hence the pace growth will slow down. Shares of French telecom giant, Alcatel Lucent SA (ADR) (NYSE: ALU) rallied in premarket hours after the beleaguered company also announced that its Chief Executive Ben Verwaayen will be leaving from his post. The Company swung into a loss of €1.37 billion or $1.85 billion, for the fiscal 2012. Elsewhere in Asia all leading benchmark indexes closed lower with Nikkei falling 0.93%, and Hong kong’s Hang Seng edging down 0.34%.  
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

EXCLUSIVE-Marubeni says Chinese authorities detain three staff at grain unitEXCLUSIVE-Marubeni says Chinese authorities detain three staff at grain unit
(Adds details from trade sources) TOKYO/BEIJING, April 24 (Reuters) - Three employees at one of Marubeni Corp`s grain trading units in China have been detained by authorities, the Japanese trading ...
U.S. judge denies Apple's move to hold off e-book antitrust trialU.S. judge denies Apple's move to hold off e-book antitrust trial
NEW YORK (Reuters) - A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major pub...
UPDATE 2-Japan's Mitsui pays China to release seized ship-courtUPDATE 2-Japan's Mitsui pays China to release seized ship-court
* China Supreme Court says Mitsui pays about $29 mln * Ship released about 0030 GMT Thursday * Ship was seized over dispute dating back to 1930s (Recasts with release of ship, confirmation of paym...
Wal-Mart says former CEO Scott to retire from boardWal-Mart says former CEO Scott to retire from board
(Reuters) - Wal-Mart Stores Inc <WMT.N> said former Chief Executive Officer Lee Scott and board member Chris Williams will not stand for re-election to the retailer`s board. Scott will complet...
Apple resets the clock as investors await next big thingApple resets the clock as investors await next big thing
SAN FRANCISCO (Reuters) - Apple Inc just bought itself some much-needed time. On Wednesday, the company surprised Wall Street with news that it sold more iPhones in the March quarter than even the...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.