The economic calendar in the U.S. Friday includes the nonfarm payrolls report for December at 8:30 a.m. EST. Economists polled by Reuters expects nonfarm payrolls to rise 150,000 in the month, following a 146,000 increase in November. The unemployment rate is expected to remain unchanged in December at 7.7%.
U.S. stocks on Thursday fell following a downtrodden tone from the latest minutes of the Federal Open Market Committee, the policy-making wing of the Fed. The surprise news outweighed stronger-than-expected employment data for December and a number of upbeat monthly retail-sales reports. The Dow Jones Industrial Average declined 21 points, or 0.2%, to 13,391.
Google (GOOG - Get Report) and the Federal Trade Commission announced Thursday a deal to end the federal agency's nearly two-year old antitrust probe. The search engine leader has agreed to make voluntary changes to its current Internet search practices.
Mosaic (MOS - Get Report), the phosphate and potash global agriculture supplier, is expected by analysts Friday to post fiscal second-quarter earnings of 98 cents a share on revenue of $2.54 billion, down almost 16% from a year earlier.
Drugmaker Eli Lilly (LLY - Get Report) is expected Friday to announce its financial guidance for 2013.
Coinstar (CSTR) announced Thursday the unexpected retirement of CEO Paul Davis.
Progress Software (PRGS - Get Report) posted fourth-quarter earnings on Thursday of $36 million, or 57 cents a share, on revenue of $91.3 million, compared with year-earlier profit of $12.2 million, or 19 cents a share, on revenue of $93.5 million. Progress Software said it expects first-quarter revenue to be flat with the year-earlier quarter.
Sonic (SONC - Get Report) said late Thursday that fiscal first-quarter profit rose 12% from a year earlier to $6.1 million, or 11 cents a share, on revenue of $126 million. The results were roughly in line with Wall Street estimates.
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel