2. -- The economic calendar in the U.S. Thursday includes weekly initial jobless claims at 8:30 a.m. EDT, the ISM Index for July at 10 a.m., and construction spending for June at 10 a.m.
3. -- U.S. stocks on Wednesday finished mixed following the release of the Fed's latest policy statement. The S&P 500 fell slightly to 1,685.73, while the Dow Jones Industrial Average dipped 0.14% to 15,499.54. The Nasdaq closed up 0.27% to 3,626.37.
4. -- Exxon Mobil ( XOM), the world's largest oil and gas company, is expected by analysts to report on Thursday second-quarter earnings of $1.90 a share on revenue of $105.5 billion. The earnings are expected by Wall Street to reflect slower oil and gas production, and lower refining profits. A year earlier, Exxon posted a profit of $15.9 billion, or $3.41 a share, on revenue of $127.4 billion. The results included $7.5 billion of asset sales.
5. -- Procter & Gamble ( PG), the consumer-good giant, is forecast to report fiscal fourth-quarter earnings of 77 cents a share on revenue of $20.55 billion. The company, which makes Tide detergent and Crest toothpaste, re-hired CEO A.G. Lafley in May in an effort to step up turnaround efforts. Last year, P&G posted earnings of $1.24 a share, or net income of 82 cents a share excluding items.
6. -- LinkedIn ( LNKD), the online professional networking service, is forecast to report on Thursday second-quarter earnings of 31 cents a share. LinkedIn has posted earnings and revenue above analysts' expectations in all eight quarters as a public company.
7. -- Apple ( AAPL) suppliers are gearing up for mass production of a new iPad mini in the fourth quarter that likely will feature a high-resolution screen from rival Samsung, The Wall Street Journal reported, citing people familiar with the matter. Apple is working with suppliers in Asia on its next iPad mini with a high-resolution "retina" display, the newspaper said. Component makers have been told that Apple plans to use screens from Samsung's display unit, as well as Japan's Sharp and LG Display.
8. -- Royal Dutch Shell ( RDS.A) said Thursday that second-quarter earnings fell 57% on impairment charges, lower production and higher costs. Net profit declined to $1.74 billion from $4.08 billion in the year-earlier quarter; the latest quarter included a $2.2 billion impairment charge on its shale oil assets in North America.
9. -- Automakers such as General Motors ( GM) and Ford ( F) are expected to report auto sales for July throughout the day Thursday. Analysts expect that sales in the month rose about 15% from a year earlier.
10. -- President Barack Obama nominated Sarah Bloom Raskin, a member of the Federal Reserve board, to serve as deputy Treasury secretary, the second-highest position at the Treasury.
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.