Stocks expected to show unusual moves are : Wells Fargo & Company (NYSE:WFC), Citigroup Inc. (NYSE:C), eBay Inc. (NASDAQ:EBAY), Seagate Technology PLC (NASDAQ:STX), Apple Inc. (NASDAQ:AAPL), International Business Machines Corp. (NYSE:IBM), Google Inc. (NASDAQ:GOOG), Cree, Inc. (NASDAQ:CREE), DepoMed, Inc. (NASDAQ:DEPO), ADVENTRX Pharmaceuticals, Inc. (AMEX:ANX), EBAY,AAPL, IBM, Citigroup Inc., WFC, GOOG, CREE, DEPO, STX, ANX.
U. S. Stock futures signals neutral opening as investors will watch for host of earnings due throughout the day including Seagate Technology PLC (NASDAQ:STX), Wells Fargo & Company, eBay Inc. (NASDAQ:EBAY).
Futures on the Dow Jones Industrial Average is up 5 points to 11,816.00 and S&P 500 index futures decline 0.70 points to 1,294.00. Nasdaq 100 futures also rose 1.25 points 2,332.00.
Financial stocks are expected to be in focus as Goldman Sachs Group, Inc. (NYSE:GS) just a few minutes ago reported $3.79 a share on revenue of $8.64 billion, missed analyst estimates of $3.76 per share on revenue of $9 billion. Shares of GS are down over 2.70%.
Wells Fargo & Company (NYSE:WFC) is also due to report with analyst projection of 61 cents a share on revenue of $21 billion.
Yesterday, Citigroup Inc. (NYSE:C) slumped 6.43% after reported lower than estimated profit, however it showed first profit post crisis. The stock is now up 0.83% in the pre-market session.
Among the Tech companies, eBay Inc. (NASDAQ:EBAY) is slated to report results after Market Hours and analysts projecting 47 cents a share on revenue of $2.49 billion. Seagate Technology PLC (NASDAQ:STX) is expected to report 33 cents a share on revenue of $2.72 billion.
Two major tech stocks are rising in the Pre market hours. Apple Inc. (NASDAQ:AAPL) is up 2% after reporting solid quarterly results helped by all the verticals in its business segment including iPhones, iPads and Mac computers.
International Business Machines Corp. (NYSE:IBM) also jumped 2.62% after reporting stronger than estimated earnings and guided above Street’s estimates.
After rising about 2.50% yesterday, Google Inc. (NASDAQ:GOOG) is up another 0.84% after analyst raised their price target on the stock ahead of its earnings tomorrow.
Among the Key Losers, Cree, Inc. (NASDAQ:CREE) took a hard know and slumped 15.50% after reporting worse than estimated second-quarter results.
DepoMed, Inc. (NASDAQ:DEPO) slumped 19% after it said Abbott Laboratories is showing hesitation to launch and commercialize Depomed’s oral treatment for post-herpetic neuralgia.
Among the small companies, ADVENTRX Pharmaceuticals, Inc. (AMEX:ANX) receives PDUFA date for Exelbine NDA.
