Stock Futures Flat After Jobless Claims Data

Tickers in this article: SCHL ^DJI ZLC ^GSPC DE ^IXIC NWSA CRM CRUS CBS

At 10 a.m., the Conference Board's leading economic indicators index is expected to have risen 0.2% in October after increasing by 0.6% in September.

The FTSE 100 in London was down 0.06%, while the DAX in Germany was up 0.06%.

Japan's Nikkei average settled up 0.87% on Wednesday and Hong Kong's Hang Seng index closed higher by 1.39%.

Gold for December delivery was up $2.70 at $1,726.30 an ounce at the Comex division of the New York Mercantile Exchange, while January crude oil contracts were up 81 cents at $87.56.

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The benchmark 10-year Treasury was up 1/32, lowering the yield to 1.667%. The dollar was up 0.06%, according to the U.S. dollar index.

In corporate news, Deere(DE) shares were sliding nearly 3.5% after the agricultural equipment maker posted fiscal fourth-quarter earnings below analysts' estimates amid higher production costs and increased selling, administrative and general, and research and development expenses.

The company reported earnings of $1.75 a share on revenue of $9.79 billion; analysts, on average, were expecting a profit of $1.88 a share on revenue of $8.85 billion.

Salesforce.com(CRM) , the cloud computing company, on Tuesday delivered a 35% year-over-year revenue increase in its latest quarter.

The company reported non-GAAP earnings of $49.6 million, or 33 cents a share, for the third quarter on revenue of $788 million. Analysts expected profit of 32 cents a share on revenue of $776.5 million.

Salesforce.com forecast non-GAAP earnings of 38 cents to 40 cents a share in its fiscal fourth quarter on revenue ranging from $825 million to $830 million. Wall Street's current consensus view is for a profit of 40 cents a share on revenue of $829.9 million.

News Corp (NWSA) has expressed interest to CBS (CBS) about acquiring its Simon & Schuster book business, according to people familiar with the talks, The Wall Street Journal reported.

News Corp owns HarperCollins Publishers and the Journal.

The people described the discussions as preliminary and cautioned that a deal isn't imminent, the newspaper said.

News Corp shares were up 0.54%.

Zale(ZLC) , the jewelry retailer, reported a wider-than-expected fiscal first-quarter loss on Tuesday.

Zale said it expects to be profitable for fiscal 2013.

Shares were falling 14%.

Scholastic(SCHL) , the publishing company, lowered its fiscal-year outlook after Tuesday's closing bell.

Scholastic shares were plunging 23%.

Cirrus Logic (CRUS) shares were popping more than 6% after the board of the high-precision analog and digital signal processing components supplier approved $200 million in share buybacks.

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse .