Stock index futures signal higher opening
Stock index futures pointed to a higher opening on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.4-0.7 percent.
* U.S. food company General Mills
* Economic Cycle Research Institute (ECRI) releases at 1430 its weekly index of economic activity for March 11. In the prior week the index read 130.8.
* General Electric
* Japanese engineers conceded that burying a crippled nuclear plant in sand and concrete may be a last resort to prevent a catastrophic radiation release, the method used to seal huge leakages from Chernobyl in 1986.
* Japan bought billions of dollars to restrain a soaring yen and traders reported intervention by European central banks, kicking off joint action by the world's richest nations to calm markets made nervous by Japan's nuclear crisis.
* From Apple Inc's
* Korean Air Lines Co Ltd <003490.KS> said it had revised a purchase agreement with Boeing
* Nasdaq OMX Group Inc's
* The United Nations authorized military attacks on Muammar Gaddafi's forces, but his forces closed in on the Libyan rebels and he vowed to storm their stronghold with no mercy, no pity.
French diplomatic sources said action could follow within hours, and could include France, Britain and possibly the United States and one or more Arab states. A U.S. military official said no immediate U.S. action was expected.
* Regulators are investigating into whether a handful of major banks manipulated a global benchmark interest rate to tart up their credit quality, a person familiar with the matter said on Thursday.
Bank of America
* Brent crude jumped by more than $1 to $116 a barrel on fears of rising geopolitical tension in the oil-rich Middle East and North Africa, after the United Nations approved military action to contain Libyan leader Muammar Gaddafi.
* The FTSEurofirst 300 <.FTEU3> index of top European shares was up 0.3 percent, while Japan's Nikkei average <.N225> jumped 2.7 percent. On Thursday, the Dow Jones industrial average <.DJI> rose 1.4 percent, the Standard & Poor's 500 Index <.SPX> was up 1.3 percent and the Nasdaq Composite Index <.IXIC> rose 0.7 percent.
(Reporting by Atul Prakash; Editing by Greg Mahlich)
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