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

Dollar General raises bid for Family DollarDollar General raises bid for Family Dollar
(Reuters) - Dollar General Corp <DG.N>, the No.1 U.S. deep discount retailer, said it raised its bid for Family Dollar Stores Inc <FDO.N> to $80 per share, or $9.1 billion, from $78.50 per...
Dollar General raises Family Dollar bid, may go hostileDollar General raises Family Dollar bid, may go hostile
(Reuters) - Dollar General Corp <DG.N> raised its bid for Family Dollar Stores Inc <FDO.N> by 2 percent to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal direc...
Japan's 'Abenomics' feared in trouble as challenges buildJapan's 'Abenomics' feared in trouble as challenges build
TOKYO (Reuters) - Prime Minister Shinzo Abe`s plan for Japan`s economy to generate self-sustained growth on the back of his three policy "arrows" of massive monetary easing, spending and reform appe...
Quantitative easing hopefuls may be disappointed as Draghi plays for timeQuantitative easing hopefuls may be disappointed as Draghi plays for time
FRANKFURT (Reuters) - Expectations for further policy action at the European Central Bank`s meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools t...
Cheap energy pulls down euro zone producer prices drop in JulyCheap energy pulls down euro zone producer prices drop in July
BRUSSELS (Reuters) - A drop in the highly volatile energy prices depressed euro zone producer prices in July as expected, underlining disinflationary pressures in the single currency area ahead of 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.