CHICAGO (MarketWatch) � Among the stocks that could see active trade in Thursday�s session are Morgan Stanley, Philip Morris International and Southwest Airlines.
Morgan Stanley MS �is slated to report its second quarter earnings before the opening bell. The banking giant is expected to earn 32 cents a share on revenue of $7.54 billion, according to the average estimate of analysts polled by FactSet Research.
Philip Morris PM will post a profit of $1.35 on revenue of a hair over $8 billion if Wall Street�s best guesses are on the mark.
ReutersAnd Southwest LUV �will earn 33 cents a share with sales of $4.59 billion if it meets analyst expectations.
Other companies set to release quarterly financial statements include VerizonVZ , Safeway SWY �and BlackstoneBX .
Late Wednesday, shares of IBM IBM �were on the rise after the company posted a higher quarterly profit and boosted its earnings targets for the year.
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