Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, April 25:
1. -- U.S. stock futures were eyeing a higher open Thursday ahead of a slate of earnings reports from companies including Exxon Mobil
2. -- The economic calendar in the U.S. Thursday includes initial jobless claims for the week ended April 20 at 8:30 a.m. EDT.
3. -- U.S. stocks on Wednesday finished mixed.
The S&P 500 closed unchanged at 1,578.79. The index has gained 11% this year. The Dow Jones Industrial Average fell 0.3% to 14,676.30, while the Nasdaq added 0.01% to 3,269.65.
4. -- Verizon Communications
Verizon owns 55% of Verizon Wireless. It has yet to put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the sources said.
Verizon hopes to start discussions with Vodafone soon for a friendly deal but could take a bid public if Vodafone doesn't engage in talks, one of the sources told Reuters.
5. -- Analysts expect oil giant Exxon Mobil
In last year's first quarter, Exxon, the world's most valuable company, earned $9.45 billion, or $2 a share, on revenue of $124 billion.
6. -- Dow Chemical
Adjusted earnings in the quarter were 69 cents a share.
Net sales in the quarter fell to $14.4 billion from $14.7 billion a year earlier.
7. -- Amazon.com
For the same quarter last year, the company earned 28 cents a share on revenue of $13.2 billion.
Amazon's report is scheduled for after the markets close on Thursday.
8. -- Starbucks