What you need to know before markets openMay 25, 2012 – 7:31 AM ET U.S. stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.52%, Dow Jones futures up 0.3% and Nasdaq 100 futures up 0.48% at 0815 GMT. European stocks rose in morning trade, adding to the previous session’s recovery rally as mounting expectation of further stimulus measures from central banks prompted short sellers to cash in profits and bargain hunters to start looking at battered shares. On the macro front, investors awaited the release of the Thomson Reuters/University of Michigan Surveys of Consumers final May consumer sentiment index, due at 1355 GMT. Economists in a Reuters survey expect a reading of 77.8, a repeat of the preliminary May reading. Morgan Stanley will adjust thousands of trades to ensure outstanding limit orders to sell will be filled at no more than US$42.99 a share for Facebook stock from last Friday’s botched initial public offering, the firm told its brokers on Thursday, according to several who listened to the call. Green Mountain Coffee Roasters Inc independent director Douglas Daft resigned from the board this week, at a time when concerns about slowing growth and allegations of accounting malpractice have hammered the stock. VeriFone Systems Inc reported a modestly better-than-expected quarterly profit, as its acquisition of Hypercom boosted sales, but the maker of credit card swipe machines forecast third-quarter revenue below analysts’ estimates. BlackRock Inc’s Global Resources team increased its Chesapeake Energy Corp stake to 4 million shares from fewer than 1 million shares, a source familiar with the situation said on Thursday. U.S. generic drug maker Mylan Inc settled a patent infringement suit with Sunovion Pharmaceuticals Inc, a unit of Dainippon Sumitomo Pharma Co, related to the Japanese drugmaker’s bronchitis medicine Brovana. PayPal has made deals with 15 retailers including Toys R Us, J C Penney and Barnes & Noble that will allow consumers to pay for purchases with their cellphones while expanding the online payment company’s service into additional physical stores. U.S. stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending. The Dow Jones industrial average was up 33.60 points, or 0.27%, at 12,529.75. The Standard & Poor’s 500 Index was up 1.82 points, or 0.14%, at 1,320.68. The Nasdaq Composite Index was down 10.74 points, or 0.38%, at 2,839.38. © Thomson Reuters 2012
Historical note. Today is May 25th. 35 years ago Star Wars opened in movie theaters in the US. Prior to that George Lucas was able to negotiate keeping the rights to the likenesses of his saga's characters. The studios did not think there was any money to be made from that. George has made a few quid from toys, lunch boxes, chess sets, etc.
good morning! I'm supposed to go to the Berkshires for the weekend tomorrow - and now (of course) bf came down with a cold and is all grouchy about going. we'll probably still go, but he will be in a mood the whole time.... sigh.
some new jewelry would cheer me up. how about these earrings? http://store.tailwinds.com/double-l...ogleproducts&kw=double-loop-airplane-earrings
ok, i'm still new at this image thing.... by the way, I didn't like the blog I posted yesterday, so I changed it around, and made it into a letterman-type top 20 list. http://www.willrunformiles.com/2012/05/top-20-list-of-contrasts-between.html
doh I did it again. I suppose it is too late to correct that? I guess I need to pay a visit to grammer school
GOOOOOOooooooood Morning america And in specific TOn. How are you doing today? I am attempting to go back to school to re learn grammer and spelling or perhaps I should just get a better smart phone..... "Nobody move, I think I lost my brain"
'A' visit? How about ten years of visits? Morning, TMore It was pretty tasty! Now I'm off to bed. Good night!
Okay, I lied. I am still here. Doh! Good Morning to you Ten. Have a great day TM I saw you joined uss too. So hello to you. Now I am gone.....I think.
Trippy try to get to walk from Bondi beach to Tamarama around the cliff top, the Bridge Climb over the harbour bridge is a must do imho, a visit to the opera house, a harbour cruise, ferry trip from circular key to Manly, night time check out Kings Cross, Darlinghurst, if you want a wild time, check out the Taxi Club, or any of the clubs on Oxford street, have fun
Trippy you're the only person in this world i can imagine clearing the head listening to ACDC, that's a compliment, you are unique
