A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower Thursday morning as lackluster data from China and Eurozone enhanced the worries about the stalling of the global economic growth. The futures for the Dow Jones Industrial Average dropped 35 points to 13,462 and S&P500 Futures fell 4.29 points to 1449. The futures for Nasdaq were down nearly 7 points at 2847. Amongst European indices, the FTSE in London was lower by 0.60% and DAX in Germany was down 0.46%. The Hang Seng Index of Hong Kong closed lower by 1.20% while Japan's Nikkei declined by 1.57% on Thursday. Broker Recommendation Analysts at Craig-Hallum upgraded Keynote Systems KEYN from buy to hold on reduced expectations, strong DeviceAnywhere bookings, forex benefits and modest SIGOs accounting impact. The target price for Keynote Systems has been raised from $14.50 to $20. Breaking news

BD Diagnostics, a segment of BD BDX, a leading global medical technology company, announced today that it received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for nasopharyngeal wash, aspirate and swab in transport media specimens on the BD Veritor™ System for Rapid Detection of Flu A+B. This new product is cleared for use in clinical settings. To read the full news click here
• CB&I CBI announced today that the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the previously announced acquisition of The Shaw Group SHAW by CB&I, expired on Wednesday, September 19, 2012. To read the full news, click here.,a/s><;o>.
• The Western Union Company WU, a leader in global payments, today announced an agreement with Triton Management Group, Inc. to offer Western Union^® global money transfer and money order services, as well as Western Union general-purpose reloadable cards, across more than 100 Always Money branded locations in Mississippi, Alabama and South Carolina. To read the full news, click here.
• Curtiss-Wright Corporation CW today said a strike by 300 IBEW workers at its Flow Control segment's Electro-Mechanical Division (EMD) facility in Cheswick, PA, will likely have a significant adverse impact on the Company's financial results for Fiscal 2012. To read the full news, click here.