Photo: Esrah Boulton via Flickr
U.S. stock futures are up this morning, in the wake of the ECB raising its key interest rate by 0.25%, to 1.25%. Investors are getting ready for jobless claims and same-stores sales data. Costco has already released much better-than-expected same-store sales for March which has pushed its stock up over 1% this morning.
In acquisitions, pharma giant SuperGen plans to buy Astex Therapeutics and Goldman Sachs will be buying up the rest of its Australian and New Zealand businesses.
There was a bunch of earnings news out as well. Here is a roundup so far:
- Bed, Bath and Beyond beat earnings estimates and raised its forecast
- Ruby Tuesday earnings came in below expectations
- Pier One beat expectations by $0.01