US STOCKS-Futures up as weak earnings worries fade

martes 21 de abril de 2015 07:18 GYT
 

* Futures up: Dow 49 pts, S&P 7 pts, Nasdaq 16 pts

By Tanya Agrawal

April 21 (Reuters) - U.S. stock index futures rose on Tuesday after earnings results by companies including IBM helped ease fears of a disappointing earnings quarter.

* IBM shares were up 0.7 percent at $167.25 in premarket trading after its earnings exceeded low expectations on Monday as it shed unprofitable businesses to focus on cloud-computing.

* Chemical conglomerate DuPont shares fell 1.6 percent after it said a stronger dollar would eat into its full-year operating profit, but reported a better-than-expected profit as cost cuts propped up margins in some businesses.

* Mylan was up 8.8 percent at $74 after Bloomberg reported that Israeli drugmaker Teva is preparing an unsolicited offer for the company in what could be the drug industry's largest takeover attempt this year.

* Earnings expected Tuesday include Verizon Communications and Omnicom before the markets open and Chipotle , Yahoo and Yum Brands after the close.

* Hedge fund manager David Einhorn's Greenlight Capital has taken a new stake in General Motors Co, nearly a year after selling off it position in the automaker, the firm said in a letter to clients on Monday.

Futures snapshot at 7:07 a.m. EDT (1107 GMT):   Continuación...