PARIS Feb 14 U.S. stock index futures pointed
to a lower open on Wall Street on Thursday, with futures for the
S&P 500 down 0.36 percent, Dow Jones futures down
0.24 percent and Nasdaq 100 futures down 0.43 percent at
* European stocks were down around 0.4 percent in early
trading on Thursday, hurt in part by data showing the French and
German economies both shrank more than expected in the fourth
quarter of 2012, signalling a deeper recession for the euro zone
as a whole.
* Cisco Systems Inc will be in focus after the firm
posted quarterly results that topped Wall Street views on
Wednesday amid early signs tech spending was on the mend, but
CEO John Chambers warned the picture was mixed and parts of
Europe remained challenging.
* Best Buy Co Inc founder Richard Schulze may scrap
a buyout bid and instead line up investors to take a minority
position in the electronics retailer, sources familiar with the
situation said on Wednesday.
* Applied Materials Inc, the world's largest chip
gear maker, posted better-than-expected quarterly results driven
by the popularity of smartphones and tablets, and forecast
earnings ahead of analysts' estimates for the current quarter.
* The boards of AMR Corp and U.S. Airways Group
separately met on Wednesday and approved a merger
agreement, a person familiar with the matter said.
* Two test flights of Boeing Co's 787 Dreamliner have
not revealed the cause of the battery malfunctions that grounded
the jets, leaving it to focus on low-tech interim fixes, the
Wall Street Journal said, citing government and industry
* Boeing Co denied misconduct by its managers after a
union representing engineers and technical workers accused the
plane maker's security staff of intimidating some members over
labor contract votes.
* Weight Watchers International Inc forecast
full-year earnings below Wall Street expectations as attendance
at its diet meetings remained low so far this year, sending its
shares down more than 15 percent after the bell.
* Data storage equipment maker NetApp Inc reported
third-quarter results that beat market estimates on growth in
its services business, and forecast current-quarter adjusted
earnings above expectations.
* Mondelez International Inc reported
weaker-than-expected revenue for the second time in its two
quarters as an independent company, and its shares fell 3.7
percent in after-hours trade.
* Power meter maker Itron Inc reported quarterly
profits and annual forecasts that missed analysts' estimates
after the completion of several government-funded projects led
to a drop in revenue in its energy business, sending its shares
down 10 percent in after-hours trading.
* Newfield Exploration Co said it will seek
"strategic alternatives" for its international oil and gas
holdings as it looks to focus on its U.S. business, and forecast
a big fourth-quarter loss due to a writedown of natural gas
* A Massachusetts jury on Wednesday said Johnson & Johnson
must pay a teenage girl and her family $63 million,
finding she lost much of her skin and suffered other serious
harm after taking the company's Motrin painkiller in 2003.
* Brazil's copyright regulator on Wednesday stripped Apple
Inc of the right to use its iPhone trademark in that
country, the Wall Street Journal reported on its website on
* On the earnings front, investors awaited results from
companies including Agilent Technologies Inc., PepsiCo
, Molson Coors Brewing Company
and CBS Corp. , while on
the macro front, investors awaited weekly jobless claims, due at
* U.S. stocks drifted in light volume on Wednesday, ending
little changed, as investors remained cautious after the S&P 500
index briefly hit its highest intraday level since November
* About 44 percent of STOXX Europe 600 companies
have reported results so far in the earnings season, of which
only 48 percent have met or beaten forecasts, a stark contrast
with Wall Street where 72 percent of S&P 500 companies
have reported results, of which 77 percent have met or beaten
consensus, according to Thomson Reuters data.