LONDON Feb 22 U.S. stock index futures pointed
to a higher open on Wall Street on Friday, rebounding after the
S&P 500 posted its worst two-day loss since November.
* Futures for the S&P 500, the Dow Jones and
the Nasdaq 100 were up 0.2-0.3 percent at 0958 GMT.
* European shares rose and German Bund futures fell on
Friday after a better-than-expected German Ifo survey.
* Shares in Hewlett-Packard rose 2.9 percent in
after-market trade as the computer maker's quarterly revenue and
forecasts beat Wall Street expectations.
* Chipmaker Texas Instruments Inc raised its
quarterly dividend by a third and said it will buy back an
additional $5 billion in stock. TI shares rose 2 percent in
after-market trading after closing at $32.48 on the Nasdaq.
* Fellow chipmaker Marvell Technology Group Ltd
forecast results this quarter largely above analysts'
expectations as it gained market share in hard-disk drive and
flash storage businesses, sending its shares up 5 percent after
the closing bell.
* Insurer American International Group Inc reported
fourth-quarter results that beat Wall Street expectations,
helping its shares rise 4.2 percent in after hours trade.
* Citigroup Inc said on Thursday it has overhauled an
executive pay plan that shareholders rejected last year as
overly generous, revising it to tie bonus payments more closely
to stock performance and profitability.
* Newmont Mining Corp, the No. 1 U.S. gold producer,
said on Thursday that a more disciplined approach to spending
and cost cuts is its top priority as leadership of the company
shifts to Gary Goldberg, who takes over as chief executive on
* Private equity firm KKR & Co LP has submitted an
offer of $75 per share for Gardner Denver Inc GDI.N, valuing the
industrial machinery maker at close to $3.7 billion, two people
familiar with the matter said on Thursday.
* Interpublic Group, the second-biggest U.S.
advertising and marketing group, is expected to follow larger
rival Omnicom in reporting upbeat quarterly results, with
earnings per shares seen up $0.03 year on year to $0.53 on
higher revenue from the United States.
* The Dow Jones industrial average fell 46.92 points,
or 0.34 percent, to 13,880.62 on Thursday. The Standard & Poor's
500 Index lost 9.53 points, or 0.63 percent, to 1,502.42.
The Nasdaq Composite Index dropped 32.92 points, or 1.04
percent, to close at 3,131.49.
(Reporting By Francesco Canepa/editing by Chris Pizzey, London
MPG Desk, +44 (0)207 542-4441)