U.S. stock futures point higher careful

MarketGadget – U.S. stock futures point higher careful EBay slips disappointed because earnings forecast

U.S. stock index futures pointed to a slightly higher start for Wall Street on Thursday, investors digested an apparent nervous eyes Franco-German rift over the efforts of the Euro-zone debt crisis and address an ongoing stream of corporate profits.

The futures rose on the Dow Jones Industrial Average +0.43% DJ1Z by 40 points to 11 484. S & P 500 index futures gained +0.48% SP1Z 5.1 points to 1,211.70, while Nasdaq 100 futures +0.29% ND1Z slightly to 2326 by 8 points.

Greek protesters clash with police
Demonstrations turn violent in Athens, AS protesters throw stones and fire bombs the police before the Greek Parliament. Tens of thousands demonstrate against a vote on new austerity measures.

Continue reading

Yahoo earnings down 26% uncertainty persists

MarketGadget – Yahoo Inc. has declined by 26% in its earnings for the third-quarter sales slipped during a period marked by the launch of top executive Carol Bartz of Yahoo and uncertainty on the ability to remain an independent company.

Yahoo YHOO +2.72% said it earned $ 293 million, or 23 cents per share, on revenue of $ 1.07 billion, excluding traffic acquisition costs. In the same period a year ago, Yahoo earned $ 396 million, or 29 cents per share, on $ 1.12 billion in revenue.

Yahoo YHOO
Continue reading