This Day On The Street
Continue to site
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

Stock Futures Slip as Jobless Claims Rise; Wal-Mart Gains

Gold futures for April delivery were dropping $4.80 to $1,573.20 an ounce at the Comex division of the New York Mercantile Exchange, while futures for April crude oil contracts were looking lower by $1.50 cents to $93.72 a barrel.

The benchmark 10-year Treasury was increasing 10/32, diluting the yield to 1.978%. The dollar was up 0.31%, according to the U.S. dollar index .

In corporate news, Wal-Mart Stores (DELL) announced quarterly earnings from continuing operations of $1.67 a share on revenue of $127.1 billion. Analysts expected profit of $1.57 a share on revenue of $128.85 billion. Shares of the world's largest retailer were tacking on 1.3% in premarket trading.

Tesla Motors (TSLA) reported a fourth-quarter adjusted loss of 65 cents a share on $306 million in revenue. Consensus among analysts expected a fourth-quarter loss of 53 cents a share on $298.9 million in revenue. Shares of the electric-car maker were tumbling 5.8% in the early session on Thursday.

Hewlett-Packard (HPQ - Get Report) is predicted by analysts to post earnings of 71 cents a share on revenue of $27.79 billion during its fiscal first quarter. Shares were down incrementally in premarket trades.

Boeing (BA - Get Report) was expected to detail on Friday its plan to return the grounded Dreamliner jet to service, according to a report by The Wall Street Journal. Shares were little changed early Thursday.

Chesapeake Energy (CHK) was anticipated to post fourth-quarter earnings of 14 cents a share for its fourth quarter. The second-largest U.S. producer of natural gas earned 58 cents a share a year ago. Shares were increasing 1.3% in premarket action.

The New York Times (DISH) said Wednesday that it was putting the Boston Globe up for sale a second time.

Safeway (SWY) was slated to report fourth-quarter earnings on Thursday. Analysts were looking for the grocery store chain to post a profit of 76 cents a share on revenue of $13.7 billion. Shares dropped 1.6% on Wednesday.

-- Written by Joe Deaux in New York.

>Contact by Email.

2 of 2

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $119.02 1.00%
BA $146.84 -0.08%
HPQ $12.50 -0.83%
WMT $59.02 -1.50%
FB $104.70 -0.71%


Chart of I:DJI
DOW 17,781.36 -17.13 -0.10%
S&P 500 2,088.77 -1.34 -0.06%
NASDAQ 5,126.19 -1.3350 -0.03%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs