MARKET PULSE- Google, AMD, Parker Hannifin, Alimera, Morgan Stanley
U.S. stock index futures rose on Friday, helped by gains in big companies such as General Electric and Morgan Stanley following their results.
S&P 500 futures rose 1.7 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 20 points and Nasdaq 100 futures added 13 points.
** GOOGLE INC, Thursday close $888.79, up 10 pct premarket
The company's quarterly results beat Wall Street's expectations as the Internet search giant expanded its mobile and overseas businesses while keeping ad-rate declines in check.
** ADVANCED MICRO DEVICES INC, Thursday close $4.09, down 5.6 pct premarket
The company posted a 6 percent decline in personal computer chip sales, dampening hopes that its fast-growing gaming-console business can take up the slack. Continued...