Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, April 18:
1. -- U.S. stock futures were rising Thursday, pointing at a recovery from the prior session's decline on a busy day of earnings and economic reports.
2. -- The economic calendar in the U.S. Thursday includes weekly jobless claims for the week ended April 13 at 8:30 a.m. EDT, and the Conference Board's report on leading economic indicators for March at 10 a.m.
3. -- U.S. stocks on Wednesday fell as technology and financial stocks led a broad-based decline.
The S&P 500 lost 1.43% to close at 1,552.
The Dow Jones Industrial Average declined 0.9% to 14,618.59 while the Nasdaq dropped 1.8% to 3,204.67.
4. -- Verizon
Last year, Verizon earned 59 cents a share on revenue of $28.2 billion.
5. -- Morgan Stanley
6. -- Google
Google's sales from ads are forecast by analysts to rise by nearly 20% from the year-earlier quarter.
In the first quarter of 2012, Google posted adjusted earnings of $10.08 a share on revenue of $10.6 billion.
7. -- Microsoft
8. -- The Federal Aviation Administration is close to approving a key document that could start the process of returning Boeing's
9. -- eBay
The company earned 63 cents a share on revenue of $3.7 billion for the quarter ended March 31. Analysts were expecting earnings of 62 cents a share on revenue of $3.76 billion.
The company's PayPal business saw strong revenue growth, up 18% year over year to $1.5 billion.