This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morning Briefing: 10 Things You Should Know

NEW YORK ( TheStreet) -- U.S. stock futures were rising Friday after the European Central Bank announced a bond-buying plan and ahead of a report on U.S. jobs.

European shares were higher while Asian stocks posted strong gains. Japan's Nikkei 225 index jumped 2.2% to close at 8,871.65.


The economic calendar in the U.S. on Friday includes the August jobs report. Economists are calling for nonfarm payrolls to have swelled by 130,000 last month, according to Briefing.com.


U.S. stocks on Thursday soared as Wall Street cheered the ECB's Central Bank's bond-buying plan and a batch of positive employment data raised the stakes for the August jobs report.

The Dow Jones Industrial Average rose more than 244 points, or 1.87%, to close at 13,292.


Earnings reports are scheduled Friday from Comverse Technology (CMVT), Kroger Co. (KR - Get Report), and lululemon Athletica (LULU).


Smith & Wesson (SWHC - Get Report), the gun maker, posted fiscal first-quarter net income from continuing operations of $18.9 million, or 28 cents a share, on revenue of $136 million, topping the estimates of Wall Street analysts.

The company also lifted its outlook for the fiscal year ending in April 2013, forecasting earnings of 85 cents to 90 cents a share on revenue ranging from $530 million to $540 million.


Dell's (DELL - Get Report) board approved the PC maker's first-ever quarterly payout of 8 cents a share, payable on Oct. 22 to shareholders of record on Oct. 1.


Amazon (AMZN - Get Report) on Thursday launched a host of new Kindle Fire and Kindle products.

Amazon's new Kindle Fire HD family is an attempt to take market share from Apple' (AAPL) iPad.


Apple is in talks to license music for a custom-radio service similar to the one operated by Pandora Media (P), according to people familiar with the matter, The Wall Street Journal reported.

-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DELL $0.00 0.00%
AMZN $427.63 0.00%
KR $74.42 0.00%
SWHC $15.20 0.00%
AAPL $132.54 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs