A Peek Into The Market Before The Trading Starts - Acacia Research (NASDAQ:ACTG), Boeing (NYSE:BA)

Pre-open movers

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 59 points to 12,744.00 and S&P 500 index futures rose 5.20 points to 1,354.40. Nasdaq 100 futures gained 11.25 points to 2,617.25.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index rose 1.17%, London's FTSE 100 Index surged 0.98%, French CAC 40 Index gained 1.23% and German DAX 30 index rose 1.49%. Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.44%, China's Shanghai Composite dropping 0.29% and Australia's S&P/ASX 200 dropping 0.53%. Hong Kong's Hang Seng Index fell 0.16% India's Sensex rose 1.30%.

Broker Recommendation

Analysts at Goldman Sachs downgraded MAKO Surgical

MAKO

from “buy” to “neutral.” The target price for MAKO Surgical has been lowered from $36 to $17. MAKO Surgical shares dipped 39.25% to $14.95 in after-hours trading.

Breaking news

Procera Networks PKT today announced that it has received a $2.0 million follow-on order from a leading fixed-line operator in Eastern Europe. To read the full news, click here.
Acacia Research ACTG announced today that its Automated Facilities Management Corporation subsidiary has entered into a license and settlement agreement with AssetPoint LLC. To read the full news, click here.
Boeing BA announced today at the Farnborough International Airshow a commitment by GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric GE, to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s. To read the full news, click here.
Move MOVE, the leader in online real estate, today announced the appointment of Barbara O'Connor as executive vice president of marketing. To read the full news, click here.

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