US Stock Futures Up As Investors Await Nonfarm Payrolls Figures; JDSU Surges In Pre-Market Trading

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US stock futures are slightly higher this morning, as investors are awaiting January's key nonfarm payrolls figures. Futures on the Dow Jones Industrial Average gained 10 points to 12,019.00 and S&P 500 futures rose 0.40 point at 1,303.70. Nasdaq 100 futures gained 0.75 point to 2,322.50. The Dow Jones Industrial Average gained 20.29 points or 0.2% to close at 12,062.26 yesterday. January's key nonfarm payrolls figures and the unemployment rate will be released at 8:30 a.m. ET. Shares of Power One Inc
PWER
dipped about 19.1% in pre-market trading after the company issued weaker-than-expected revenue projections. Shares of Las Vegas Sands Corp
LVS
dropped about 6% in pre-market trading after the company reported weaker-than-expected Q4 revenue. The company's earnings came in at $270 million, or $0.34 per share, compared with a loss of $114 million, or $0.17 per share, in the year-ago period. On an adjusted basis, LVS' earnings came in at $0.42 per share. The company's revenue surged 56.9% y/y to $2.02 billion. However, analysts were expecting earnings of $0.38 per share on revenue of $2.05 billion. Shares of JDS Uniphase Corporation
JDSU
jumped about 18.3% in pre-market trading after the company swung to a profit in its fiscal second quarter. JDSU reported its FQ2 net income at $23.6 million, or $0.10 per share, versus a loss of $19.5 million, or $0.09 per share, in the year-ago period. The company's revenue increased to $473.5 million from $342.9 million. JDSU's adjusted income came in at $0.29 per share. However, analysts were expecting earnings of $0.19 per share on revenue of $438.4 million. For the current quarter, JDSU projected its revenue in the range of $400 million to $460 million, compared with analysts' estimates of $422.25 million. Wall Street expects Tyson Foods
TSN
to report its Q1 EPS at $0.62 on revenue of $7.18 billion. Weyerhaeuser
WY
reported its Q4 adjusted EPS at $0.10, beating the consensus of $0.06. WY reported its Q4 revenue at $1.66 billion, versus the consensus of $1.54 billion. Aetna Inc
AET
reported its Q4 adjusted EPS at $0.63, versus the consensus of $0.62. AET reported its Q4 revenue at $8.54 billion, versus the consensus of $8.40 billion. Constellation Energy
CEG
reported its Q4 adjusted EPS at $0.42, up from $0.30, in the year-ago period. CEG reported its Q4 revenue at $3.47 billion, compared with $3.40 billion, in the year-ago quarter. However, analysts were expecting earnings at $0.59 per share on revenue of $6.35 billion. Positive sentiment ruled the European markets today. While STOXX Europe 600 Index has gained 0.37%, London's FTSE 100 Index moved up 0.36%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 1.08% and Australia's S&P/ASX 200 rising 0.80%. The dollar dropped about 0.1% against the yen, while the euro gained 0.1% to $1.36374. Read more
from Benzinga's Markets.
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