ING shares tumbled on Monday after the Dutch banking and insurance firm announced a restructuring, with financial-sector losses pressuring the broader European market.
National Oilwell Varco’s third-quarter net income falls 30%, as order rates lag expectations due to conditions in the credit market, but the results reported by the energy-services provider top analysts’ consensus forecasts on both the top and bottom lines.
Verizon reports a 10% decline in third-quarter profit as consumers and businesses reduced spending on wireline-phone service, taking some of the edge off continuing strong growth in wireless for the blue chip. It retains the top spot in the U.S. among wireless subscribers served.
Crude-oil futures trade lower on Monday after Nigeria's main militant group declares an indefinite ceasefire over the weekend, easing worries over supply disruptions in the African nation.
U.S. stock futures are a touch higher Monday as upbeat results from Verizon Communications and Marvell Technology help to compensate for a flurry of bankruptcy announcements.
Among the companies whose shares are expected to see active trade in Monday’s session are Ethan Allen, Amerigroup, Corning, FairPoint, ING, Marvell Technology, McGraw-Hill, Nyer, RadioShack and Yahoo.