U.S. Stock-Index Futures Rise; IBM, Microsoft, Motorola Climb in Europe

(Bloomberg) -- U.S. stock-index futures gained as
investors speculated a flurry of second-quarter earnings reports
today will show profits are holding up amid an economic slowdown.

International Business Machines Corp. advanced in Europe
after the world's biggest computer-services company increased its
annual earnings forecast after beating analysts' quarterly
estimates. Microsoft Corp., the largest software maker, and
Motorola Inc., the second-biggest mobile-phone maker, rose before
posting earnings.


Read more at Bloomberg Stocks News

Motorola Chief's Job Is in Jeopardy After Missing Forecasts Three Times

(Bloomberg) -- Motorola Inc. Chief Executive
Officer Ed Zander's job may be in danger after sales
disappointed investors for the third time this year.

The world's second-biggest maker of mobile phones said
yesterday it had a loss last quarter. Second-quarter sales fell
as much as 21 percent to between $8.6 billion and $8.7 billion,
below the $9.4 billion Zander predicted April 18.


Read more at Bloomberg Exclusive News

UPDATE 1-Sony Ericsson quarterly sales, profit rise

(Reuters) - The cell phone venture of Sweden's Ericsson and
Japan's Sony Corp. , known for higher-end music
phones based on its Walkman brand, said it gained market share
in the quarter by selling lower priced phones that widened its
potential customer base.




Its report came shortly after bigger rival Motorola Inc.
forecast a quarterly loss, blaming weak phone sales.


Read more at Reuters.com Market News