Last updated February 19th, 2009 6:50 AM ET---U.S. stock futures are trading higher following Wednesday flat close as investors look past Hewlett-Packard (NYSE:HPQ) and Baidu's (NASDAQ:BIDU) disappointing results. Thursday's economic data includes readings on the Producer Price Index and weekly jobless claims at 8:30 a.m., while readings on January leading indicators and the Philly Fed Survey are due out at 10:00 a.m. Companies of note reporting quarterly results today include CVS Caremark (NYSE:CVS), Sprint Nextel (NYSE:S) and Apache (NYSE:APA) while Intuit (NASDAQ:INTU) and Tesoro Corp (NYSE:TSO) report after the close. Hewlett-Packard (NYSE:HPQ) reported in-line fiscal first quarter earnings per share of 93 cents, but guided fiscal second quarter earnings per share below estimates. At the time of this report, S&P futures are up 9.00, Nasdaq futures are up 7.00 and Dow futures are up 63.00.

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