News Headline Summary

US index futures print fresh highs following earnings reports from Google (GOOG), IBM (IBM), AMD (AMD), Intuitive Surgical (ISRG), CSX (CSX), Cree (CREE), Norfolk Southern (NSC), Compuware (CPWR), CA (CA) and Volterra (VLTR) all beating estimates

Update details:

- It is worth of note that numerous analysts cut expectations for earnings heading into this quarter and therefore expectations were lower than initial forecasts.

Reaction details:

In after-market trade the reporting companies saw the following moves:

-Cree (CREE) +2.25%
-Google (GOOG) +4.07%
-IBM (IBM) +2.78%
-Norfolk Southern (NCS) +0.83%
-CSX (CSX) +3.07%
-Advanced Micro Devices (AMD) +3.67%
-Compuware (CPWR) Unchanges
-Intuitive Surgical (ISRG) +3.93%
-CA (CA) +0.65%

Print 21:15, 22 Jan 2013 - Market Analysis - Source: RANsquawk