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) 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) 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), 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), 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.


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