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STOCKS NEWS EUROPE-Index futures point to higher start

Thu Oct 15, 2009 2:26am EDT

Stocks

   

European stock index futures point to a rise in equities, building on sharp gains in the previous session, with a strong rise in the U.S. and Asian markets on positive corporate results boosting sentiment.

Futures for the Eurostoxx 50 STXEc1, Germany's DAX FDXc1 and the French CAC 40 FCEc1 are up between 0.1 percent and 0.3 percent.

European shares hit their highest closing level in more than a year on Wednesday as a surge in quarterly profits at JPMorgan (JPM.N) improved sentiment, with banks and commodity stocks the biggest gainers.

The FTSEurofirst 300 .FTEU3 index of top European shares closed up 2.1 percent at 1,016.24 points after earlier touching a high of 1,017.75 points.

MAJOR EUROPEAN COMPANIES REPORTING:

Nokia (NOK1V.HE) Q3

Suedzucker AG (SZUG.DE) Q2

ZARDOYA OTIS SA MADRID (ZOT.MC) Q3

CASTELLUM AB (CAST.ST) Q3

Tandberg ASA (TAA.OL) Q3

U.S. COMPANIES REPORTING:

Goldman Sachs (GS) Q3

Citigroup (C) Q3

Google (GOOG.O) Q3

Advanced Micro Devices (AMD) Q3

Amphenol (APH) Q3

Baxter Intl. (BAX) Q3

Harley-Davidson (HOG) Q3

Intl. Business Machines (IBM) Q3

People's United Fincl. (PBCT.O) Q3

PPG Industries (PPG) Q3

Safeway (SWY) Q3

MAJOR MACROECONOMIC INDICATORS (GMT):

0900 EZ HICP

0900 EZ Inflation

1230 US CPI

1230 US Jobless claims

1230 US NY Fed manufacturing

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