Financial Breakfast: Morning News Summary for November 25, 2011

This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session.

2,500 stocks were traded that first day, February 8th, 1971. On the NASDAQ.

Pharmaceutical company Pozen POZN entered into a Purchase and Sale Agreement with CPPIB Credit Investments for an undisclosed amount.

To see more pre-market news, click here.

European markets are lower in afternoon trading. Britain's FTSE 100 lost 0.32%, Germany's DAX decreased by 0.42% and France's CAC 40 slid by 0.43% on the session.
Asian stocks ended the session mixed. China's Shanghai fell 0.7%, Japan's Nikkei 225 lost 0.06% and Hong Kong's Hang Seng Index lost 0.1.37%.

To see more overseas news, click here.

To see more of today's upgrades, click here.

To see more of today's downgrades, click here.

Durable Goods Orders came in at -0.7% versus an estimate of -1.2% .
Initial Jobless Claims came in at 393K versus an estimate of 390K, Continuing Claims came in at 3691K versus an estimate 3621K.

To see more economic news, click here

Hormel Foods HRL reports Q4 EPS $0.43 vs $0.42 Est; Revenues $2.1B vs $2.11B Est
Medtronic MDT reports Q2 EPS $0.84 vs $0.82 Est; Revenues $4.13B vs $4.07B Est
ReneSola SOL Reports 3Q EPS per ADS $(0.09) vs $(0.11) Est; Revenues $189.12M vs $221.76M Est
China Digital TV STV Holding Reports Q3 EPS $0.17-ADS vs $0.18 Est; Revenues $25.9M vs $24.71M Est
Deere & Co DE Reports Q4 EPS $1.62 vs $1.43 Est; Revenues $7.90B vs $7.87B

To see more earnings announcements, click here.

Precious metals are trading lower, with gold posting losses of about 1%
Energy futures are trading lower, with crude oil posting losses of about 1%
Natural Gas futures are higher by about 1.5% and copper is trading lower by about 0.5%

To see more commodities news, click here.

Technical Levels for Futures and Forex