Updated from 6:00 a.m. EDTPremarket futures were intimating a higher open for U.S. stocks Thursday, even as traders braced for a flood of corporate earnings statements and a troubled Swiss bank secured help from its government. Futures for the S&P 500 were up 22.5 points at 925.8 and were 16 points ahead of fair value. Nasdaq futures were better by 34 points at 1263 and were 11.7 points ahead of fair value. On Wednesday, stocks suffered heavy losses as traders turned their attention away from an internationally coordinated solution to the credit crisis to focus on an increasingly weak domestic economy. Ahead of the new trading day, Swiss bank UBS ( UBS) received a $5.3 billion cash injection from the Swiss government in exchange for a 9% equity position in the company. UBS and the Swiss National Bank also reached an agreement for UBS to transfer up to $60 billion of currently illiquid securities and other assets from its balance sheet to a separate fund. Corporate earnings will once again be in focus. Following the close Wednesday, online auctioneer eBay ( EBAY) swung to a third-quarter profit but said its core business may face difficulties ahead. Quarterly results from financial firms continued to reflect the impact of the credit crunch. Citigroup ( C) reported a third-quarter loss that was narrower than the Street had forecast. Merrill Lynch ( MER), meanwhile, posted a widened loss that included a $2.5 billion payment related to a stock offering and a $425 million expense tied to settlement of a government approval of its dealings in auction-rate securities.