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Morning Briefing: 10 Things You Should Know

NEW YORK ( TheStreet) -- Here are 10 things you should know for Thursday, April 25:

1. -- U.S. stock futures were eyeing a higher open Thursday ahead of a slate of earnings reports from companies including Exxon Mobil (XOM - Get Report), Amazon.com (AMZN - Get Report) and Starbucks (SBUX - Get Report) and prior to a report from the U.S. government that is predicted to show a dip in joblessness.


2. -- The economic calendar in the U.S. Thursday includes initial jobless claims for the week ended April 20 at 8:30 a.m. EDT.


3. -- U.S. stocks on Wednesday finished mixed.

The S&P 500 closed unchanged at 1,578.79. The index has gained 11% this year. The Dow Jones Industrial Average fell 0.3% to 14,676.30, while the Nasdaq added 0.01% to 3,269.65.


4. -- Verizon Communications (VZ - Get Report) hired advisers to prepare a possible cash and stock bid of $100 billion to take full control of Verizon Wireless from joint venture partner Vodafone (VOD), two people familiar with the matter told Reuters.

Verizon owns 55% of Verizon Wireless. It has yet to put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the sources said.

Verizon hopes to start discussions with Vodafone soon for a friendly deal but could take a bid public if Vodafone doesn't engage in talks, one of the sources told Reuters.


5. -- Analysts expect oil giant Exxon Mobil (XOM - Get Report) on Thursday to post first-quarter profit of $2.05 a share on revenue of $119.83 billion.

In last year's first quarter, Exxon, the world's most valuable company, earned $9.45 billion, or $2 a share, on revenue of $124 billion.


6. -- Dow Chemical (DOW) on Thursday said first-quarter earnings rose 33% from a year earlier to $550 million, or 46 cents a share.

Adjusted earnings in the quarter were 69 cents a share.

Net sales in the quarter fell to $14.4 billion from $14.7 billion a year earlier.


7. -- Amazon.com (AMZN - Get Report), the online retailer, is expected by Wall Street on Thursday to post first-quarter earnings of 8 cents a share on revenue of $16.14 billion.

For the same quarter last year, the company earned 28 cents a share on revenue of $13.2 billion.

Amazon's report is scheduled for after the markets close on Thursday.


8. -- Starbucks (SBUX - Get Report) is forecast to report after Thursday's closing bell fiscal second-quarter earnings of 48 cents a share on sales of $3.59 billion.


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SYM TRADE IT LAST %CHG
AMZN $382.72 -0.49%
SBUX $93.06 -1.00%
XOM $87.18 -0.50%
VZ $49.07 -0.97%
VOD $34.60 -0.06%

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DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

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