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Futures Flat Friday on 4Q Earnings Results

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  • Description

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  • Duration 5:12
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-- most -- the morning program on the fox.

Good morning everyone shares of General Electric are trading higher in the pre market after the company's fourth quarter results topped estimates.

The diversified manufacturer says it made an adjusted profit of 44 cents a share beating the forecast by a penny.

Revenue rose 4% from last year to 39 point three billion dollars also.

Coming in better than expected.

General Electric also says profit at its financial unit GE capital rose 9% to one point eight billion dollars and it's industrial units profit climbed 12% to four point nine billion.

Shares of Morgan Stanley are also moving higher in the premarket after the investment bank reported better than expected fourth quarter results.

Morgan Stanley says it made an adjusted profit of 45 cents a share easily topping the estimate for 27 cents.

Revenue jumped 36%.

From last year to seven point five billion dollars also beating the forecast for just over seven billion.

The bank says it underwrote more bond offerings and earn more in fees from a management -- Let's take a look at the markets now here in the US after those earnings reports features still fairly flat to the downside Dow futures are down by two the S&P down just half a point.

And the NASDAQ down a little more than eight.

Meanwhile you my -- yesterday we were talking about whether are not college degrees are worth the time and money they cost -- Lawrence and -- is back.

With a look at why that may depend on your degree -- -- Hey -- good morning everybody well appeared concerned about being practical and college in getting a bachelor's degree.

And it -- that can actually get to a job we took a look at at Georgetown University study.

I'll looking at some of the most loved and hated jobs by future employers so let's take a look at loved jobs.

First is health care administration no surprise here the Labor Department says that by twenty when he.

28% of all new jobs will be in this field.

All right so I guess people are always getting -- lots of changes going on health care.

A very employable field communications and computer science are also recommend it just think interest -- Twitter and FaceBook.

These are booming field right now and they hated it degrees the first -- surprises me.

Architecture at -- thought architects -- sexy Smart and they are but that housing market crumbled a couple of years ago.

And so did the employment for many of these.

Graduates with a bachelor's in architecture -- -- velocity no surprise there parents always on their kids don't make money.

But you should just go to school for what you love them be successful and Iowa right plan.

Yeah architecture I wouldn't have expected that would either but at least solid architects now know that you think there's taxis and have them at a now for those broke college students aspiring college students -- -- post college people out there chasing PNC apparently had some good news yeah.

No this is happened here you go I don't need to hand you only need 25 dollars but you get stuck taking out forty -- it happens all the time.

The first people that fifteen dollar difference is the difference between over -- from -- account.

And it's one of the reasons like chase and PNC air opening a thousand -- eight cans across the nation by the end of the year.

-- negative dispense one dollar bills a five dollar bills and get this in some cases points.

Crazy.

And our right at Clarkson -- -- from the news -- interesting stuff Florida as -- can hear -- thanks Sierra.

But getting results and now from -- rent exploration -- natural gas driller is reporting a loss of one cents a share the expectation there.

-- -- lots of twelve cents a shares that still better than expected revenue came in at 84 point two million dollars and that was a mess we were expecting ninety million dollars.

Meanwhile shares of Intel are down more than 5% in the premarket after the chipmaker forecast disappointing first quarter revenue.

And a sharp increase in capital spending for 2013.

After the bell Intel reported a fourth quarter adjusted profit of 51 cents a share six cents above the estimate.

But revenue fell 3% from last year to nearly thirteen and a half billion dollars missing the forecast.

The company had warned its fourth quarter results would be lackluster and that the holiday bounce in PC shipments.

Would be half -- usually is due to consumers shifting from PCs that use Intel chips to Smartphones and tablets that don't.

Shares of AT&T meanwhile are also.

Down in the premarket after the Telecom company said it'll take it ten billion dollar charge in the fourth quarter due to bigger than expected pension obligations.

AT&T also says its results will be hurt by higher than expected Smartphone costs and damage from superstore in sandy.

Eighteen -- biggest rival Verizon Communications has already warned that it -- We'll take a fourth quarter charge of about seven billion dollars related to its pension liabilities but Verizon adds.

It's charges could also be as high as ten billion if you include other items like -- -- -- Let's take a look at commodities oil and gold -- to the downside this morning we -- oil down.

About eighteen cents trading around 95 dollars a barrel gold is done about a buck fifty at 1689.

Announced.

Coming up this -- -- mrs.

-- of the comedian and civil rights activist Dick Gregory.

And now here's -- -- -- live on Fox Business.

Giving use -- -- across.

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