Futures rise as profits top estimates, IBM up
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Stock index futures signaled a higher market open on Thursday as companies reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.
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IBM  on Thursday forecast 2008 earnings ahead of Wall Street expectations, sending its shares up 5 percent.
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Stock index futures pointed higher on Thursday after reassuring results and outlook from business software maker Oracle, though nervousness before investment bank Bear Stearns Co Inc's  results and key data on U.S. economic growth held the advance in check.
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Stock index futures rose on Tuesday after Lehman Brothers Holdings Inc  earnings topped analysts' estimates.
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Stock index futures pointed to a stronger start for Wall Street on Friday as the technology sector was cheered by strong results from Research in Motion that sent shares of the BlackBerry maker surging.
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U.S. stock futures rose on Tuesday,  pointing to a higher market open, on retreating oil prices and  stronger-than-expected earnings from technology bellwethers  International Business Machines Corp. IBM.N and Texas  Instruments Inc. TXN.N
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IBM  reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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Stock index futures rose sharply on Monday, signaling Wall Street will rebound from last week's losses, after IBM  reported higher-than-expected preliminary financial results, lifting the technology sector.
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Stock futures rose on Friday, suggesting a rebound from recent session losses, helped by a higher-than-expected profit forecast from IBM  and earnings from economic bellwether General Electric Co .
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U.S. stocks rose on Thursday after forecast-topping results from companies such as IBM and Juniper Networks shifted investor focus back on to earnings optimism, away from subprime jitters.
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Stock index futures rose on Friday as strong earnings from Microsoft Corp and a speedy agreement on a U.S. economic stimulus package helped boost investor confidence.
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Stock index futures rose on Tuesday and were set to extend Mondayâs rebound from the past weekâs losses after General Motors reported higher-than-expected results and reached an agreement with the United Auto Workers union.
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IBM and the rest of the tech industry might have a better year than most onlookers expected. IBM's third-quarter earnings rose 15% from a year earlier, to &#36;1.17 a share, excluding a one-time &#36;320 million charge to settle a lawsuit over its pension plan. That beat analysts' average estimate by 3 cents a share.
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Stock futures rose slightly on Wednesday before figures on third-quarter economic growth, which could be revised higher, suggesting continued corporate profit growth.
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IBM  reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in Asia, Europe and emerging markets, driving its shares up as much as 10 percent and spurring a broader tech rally.
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Stock futures edged higher on Thursday  as results from mobile phone maker Motorola Inc  and  data storage equipment maker EMC Corp  helped sentiment  about earnings.
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Stock futures edged higher on Thursday as results from mobile phone maker Motorola Inc  and data storage equipment maker EMC Corp  helped sentiment about earnings.