A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are slightly higher this morning. Futures for the Dow Jones Industrial Average gained 11 points to 13,171.00 and S&P 500 index futures rose 0.50 points to 1,397.30. Nasdaq 100 futures gained 6 points to 2,726.25.
A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index gained 0.37%, London's FTSE 100 Index moved up 0.29%, French CAC 40 index rose 0.36% and German DAX 30 index gained 0.17%.
Asian markets ended mostly lower, with Japan's Nikkei Stock Average dropping 0.43%, China's Shanghai Composite dropping 0.35% and Australia's S&P/ASX 200 falling 0.26%. Hong Kong's Hang Seng index declined 0.33% and India's Sensex rose 0.02%.
Broker Recommendation Analysts at Citigroup upgraded Celanese Corporation (NYSE: CE) from “neutral” to “buy.” The target price for Celanese has been raised from $51 to $56.
Celanese shares gained 1.62% to close at $48.40 yesterday.
- Lakes Entertainment (NASDAQ: LACO) announced that its subsidiary, Evitts Resort, LLC has been awarded a video lottery operation license for the Rocky Gap Lodge & Golf Resort in Cumberland, Maryland by the State of Maryland Video Lottery Facility Location Commission. To read the full news, click here.
- IAMGOLD Corporation (NYSE: IAG) and Trelawney Mining and Exploration Inc. today announced that they have entered into a definitive agreement whereby IAMGOLD will acquire, through a plan of arrangement, all of the issued and outstanding common shares of Trelawney. To read the full news, click here.
- Aware Inc (NASDAQ: AWRE) announced Friday that it has signed an agreement for the sale of selected patents and patent applications to Intel Corporation (NASDAQ: INTC) for approximately US $75,000,000, subject to customary closing conditions and any required regulatory approvals. To read the full news, click here.
- Honda Motor Co (NYSE: HMC) reported a 61% surge in its fiscal fourth quarter profit. The company expects global sales of 4.3 million vehicles for this fiscal year. To read the full news, click here.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.