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U.S. stock futures were slightly lower ahead of the opening bell.
CNNMoney parent Time Warner (Fortune 500) posted better-than-expected earnings, sending shares 4% higher in premarket trading. The media conglomerate also announced it will raise its dividend by 11% to 28.75 cents a share. ,
Shares of Irish neuroscience biotech company Elan ( rose nearly 4% after the company reported strong earnings and said it would pay $3.25 billion to end its collaboration with )Biogen Indec (Fortune 500). ,
Expedia ( shares gained more than 1%, a day after the online travel site posted strong results, helped by higher hotel bookings. )
Investors are starting to worry about the latest phone launch from BlackBerry (, formerly known as Research in Motion. News outlets reported short or nonexistent lines Tuesday at stores in the phone maker's home country of Canada. )
Hewlett-Packard (Fortune 500) shares continued to rally in premarket trading for a second day, following its publicly stated threat to , steal customers away from Dell (Fortune 500), which announced , plans to go private.
News Corp. (Fortune 500), , Yelp ( and )Green Mountain Coffee Roasters (s are up after the bell. )
Disney (Fortune 500) shares rose more than 3% in premarket trading, a day after the media company reported earnings and revenues that beat analysts' forecasts. ,
Zynga's ( results also came in )ahead of forecasts late Tuesday, sending the shares up 7% in premarket trading Wednesday morning.
U.S. stocks finished higher Tuesday on the strength of solid corporate results.
The rally was helped by news that Bank of Japan Governor Masaaki Shirakawa will step down from his post sooner than expected. The country's central bank has been under intense political pressure to engage in further monetary easing. Meanwhile, the Shanghai Composite added 0.1% and Hong Kong's Hang Seng gained 0.5%.
European markets were mixed in morning trading on Wednesday. Steel giant ArcelorMittal (reported it was seeing "positive indicators," despite the fragility of the European economy and operating profit should rise in 2013. )
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.37%||4.31%|
|15 yr fixed||3.40%||3.32%|
|30 yr refi||4.38%||4.31%|
|15 yr refi||3.39%||3.32%|
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