NEW YORK— U.S. stock futures are edging higher Monday as more companies report their first quarter earnings. KEEPING SCORE: Dow Jones industrial average futures rose seven points, or less than 0.1 percent, to 16,350 as of 9:02 a.m. Eastern time.
April 21- Halliburton Co, the world's No.2 oilfield services company, forecast a 25 percent jump in earnings in the current quarter, helped by a recovery in margins in North America and growth in overseas markets. The company, traditionally dominant in the United States, has been making a big push into international markets to combat weakness in North America.
Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago. Halliburton sells services to companies that drill for oil and natural gas, including helping them with hydraulic fracturing, a method of breaking up underground shale rock formations to release trapped gas.
Some of the names on the move ahead of the open.
Jon Steinberg, BuzzFeed, provides a preview of tech earnings and explains why Apple shares are flat.
*Results from Netflix expected after the market close. *The S&P 500 had its best week since July last week, boosted by strong results from such names as General Electric Co and Morgan Stanley. However, thus far the earnings season has been mixed, with technology names like Google Inc and IBM struggling to impress investors.
April 21- Toymaker Hasbro Inc reported a better-than-expected quarterly profit, helped by strong demand for its toys for girls. Hasbro's first-quarter revenue rose 2 percent to $679.5 million, falling short of the average analyst estimate of $690.17 million.
April 21- Oilfield services company Halliburton Co reported a profit for the first quarter, compared with a loss a year earlier when it booked a pre-tax charge of $1 billion related to the Gulf of Mexico spill.
April 21- Toymaker Hasbro Inc reported a quarterly profit, compared with a year-earlier loss, helped by strong demand for its toys for girls. The company's first-quarter revenue rose 2 percent to $679.5 million. Net income was $32.1 million, or 24 cents per share, in the quarter ended March 30, compared with a net loss of $6.7 million, or 5 cents per share, a year earlier.
PAWTUCKET, R.I.— Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges. Its latest earnings topped Wall Street estimates but revenue was short of what analysts expected.
Kelvin Tay, MD & Regional CIO for Southern APAC at UBS Wealth Management, expects U.S. firms to report 8 percent growth for 2014, but warns of risks from the recent winter freeze.
Hans Goetti, Head of Investment Asia at Banque Internationale a Luxembourg, says low expectations for U.S. earnings could result in better-than-expected results.
Michael Gayed, Chief Investment Strategist at Pension Partners, says markets will be looking at the revenue potential of U.S. firms, instead of earnings growth.
DUBAI, April 20- Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 14.8 percent increase in first-quarter net profit on Sunday, citing higher income from investments.
DUBAI, April 20- Saudi Basic Industries Corp reported a dip in its quarterly earnings on Sunday as its chief executive said a shortage of natural gas was limiting its domestic growth, making expansion abroad vital.
Health insurers that easily outpaced the broader market in trading last year nosedived this week after UnitedHealth released shaky first-quarter earnings. Earnings at UnitedHealth slumped 8 percent in the most recent quarter as it juggled funding cuts to Medicare Advantage plans and new costs from the health care overhaul.
April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.
AMD said it lost $20 million, or 3 cents per share, after it took a loss of $146 million, or 19 cents per share, in 2013. The company said it earned 2 cents per share if one-time items are excluded. Revenue grew 28 percent, to $1.4 billion from $1.09 billion.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
CNBC's Tyler Mathisen looks ahead to what are likely to be the week's top business and financial stories. Starbucks and Netflix earnings may have been helped by the bad winter. Also, the Boston Marathon kicks off Monday, and 36,000 runners will participate.