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

Oman likely to start cutting subsidies next year -ministerOman likely to start cutting subsidies next year -minister
KUWAIT (Reuters) - Oman`s government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances, Minister for Financial Affairs Darwish al-B...
Deutsche Bank lawyer found dead by suicide in New YorkDeutsche Bank lawyer found dead by suicide in New York
BERLIN (Reuters) - A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the...
Areva-Siemens raises claim to $4.4 billion over Finnish reactor delaysAreva-Siemens raises claim to $4.4 billion over Finnish reactor delays
HELSINKI (Reuters) - The French-German consortium Areva-Siemens <AREVA.PA><SIEGn.DE>, the supplier of Finland`s much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Fi...
India's finance minister favors interest rate cut: paperIndia's finance minister favors interest rate cut: paper
NEW DELHI (Reuters) - India`s Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has s...
China's auto market growth may halve to 7 percent this year: industry body headChina's auto market growth may halve to 7 percent this year: industry body head
SHANGHAI (Reuters) - Growth in China`s auto market, the world`s biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. "Personal...

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.