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U.S. Stock Futures Up as Investors Await Economic Data

U.S. stock futures are higher this morning, ahead of the day's economic data. Futures on the Dow Jones Industrial Average gained 17 points to 11,314.00 and S&P 500 futures rose 2.60 points to 1,230.50. Nasdaq 100 futures moved up 3 points at 2,202.75.

U.S. stock markets closed mostly higher on Thursday, with the S&P 500 index rising 0.4%.

Data on the October trade balance will be released at 8:30 a.m. ET. However, data on consumer confidence will be released after the opening bell.

Continue reading U.S. Stock Futures Up as Investors Await Economic Data

Newspaper wrap-up 3-19-07: M&A in focus

MAJOR PAPERS:
  • According to the Wall Street Journal (subscription required), citing people familiar with the matter, Community Health Systems Inc (NYSE: CYH) is near a deal to purchase Triad Hospitals (NYSE: TRI), which would break up an existing $4.5B private-equity buyout plan.
  • The Wall Street Journal's "Heard on the Street" column reported that rumors are swirling that Infineon Technologies ADS (NYSE: IFX) will be chosen to supply the main chip to drive the upcoming iPhone from Apple Inc (NASDAQ: AAPL).
OTHER PAPERS:
  • The Business Standard reported that Reliance Industries is reportedly in advanced discussions with Nova Chemicals Corporation (NYSE: NCX), the plastics and petrochemicals firm, to form a joint venture.
  • According to the U.K. Times, Barclays plc ADS (NYSE: BCS) will announce today its formal interest in buying Netherlands bank ABN Amro Holdings (NYSE: ABN) for a price of up to a little less than EUR60B, or EUR31.3 per share, according to reports.
  • Dow Jones & Company (NYSE: DJ) is trying to buy the Financial News for GBP25M, the U.K. Times reported.
  • The Sunday Telegraph reported that Coca-Cola Company (NYSE: KO) is planning a 'beauty tea' in conjunction with L'Oreal ADR (OTC: LRLCY), called Lumae.
  • According to Google Inc's (NASDAQ: GOOG) official blog, it has acquired Adscape media. Terms were not disclosed.

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 06:16 AM

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