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

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 (VZ - Get Report) posted first-quarter earnings of 68 cents a share, topping the Wall Street forecast of 66 cents a share.

Last year, Verizon earned 59 cents a share on revenue of $28.2 billion.

5. -- Morgan Stanley (MS - Get Report) reported Thursday earnings of 61 cents a share on revenue of $8.5 billion, beating analysts' forecast for earnings of 57 cents a share on revenue of $8.35 billion as its global wealth management business booked record gains.

6. -- Google (GOOG - Get Report), the Internet search giant, is forecast by analysts to report on Thursday first-quarter profit of $10.66 a share on revenue of $14.09 billion.

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 (MSFT) reports earnings after Thursday's closing bell and Wall Street expects the software giant to post fiscal third-quarter earnings of 68 cents a share on revenue of $20.5 billion.

8. -- The Federal Aviation Administration is close to approving a key document that could start the process of returning Boeing's (BA) grounded 787 Dreamliner to service within weeks, Reuters reported, citing several people familiar with the matter.

9. -- eBay (EBAY - Get Report), the e-commerce giant, posted results on Wednesday that missed expectations.

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.

1 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
AXP $71.69 0.08%
EBAY $29.00 0.00%
GOOG $748.15 -0.02%
MS $33.61 0.06%
VZ $44.92 -0.60%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs