A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dropped 4 points to 12,932.00 and S&P 500 index futures rose 0.70 points to 1,404.00. Nasdaq 100 futures gained 5.75 points to 2,651.50.
A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.44%, London's FTSE 100 Index gained 0.49%, French CAC 40 Index climbed 0.39% and German DAX 30 index rose 0.61%.
Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.37%, China's Shanghai Composite dropping 1.30% and Australia's S&P/ASX 200 rising 0.67%. Hong Kong's Hang Seng Index declined 0.08% and India's Sensex rose 1.65%.
Broker Recommendation Analysts at RBC Capital upgraded Eaton Vance (NYSE: EV) from “sector perform” to “outperform.” The target price for Eaton Vance has been raised from $30 to $36.
Eaton Vance shares gained 0.66% to $31.86 in pre-market trading.
- TiVo (NASDAQ: TIVO) today announced that Cable ONE has selected TiVo as its exclusive software provider for all new DVRs purchased and plans to offer its subscribers TiVo's unmatched user experience and next-generation video services starting with TiVo's leading whole-home and multi-screen suite of products. To read the full news, click here.
- ConAgra Foods (NYSE: CAG) and Ralcorp Holdings (NYSE: RAH) today announced that the boards of directors of both companies have unanimously approved a definitive agreement under which ConAgra Foods will acquire Ralcorp, the largest manufacturer of private label food in the U.S. To read the full news, click here.
- Dr. Reddy's Laboratories (NYSE: RDY) today announced that Umang Vohra, who was the CFO of the company for the past four years, will take over the role of Executive Vice-President and Head of North America Generics Business from January 2013. To read the full news, click here.
- A U.S. wind turbine manufacturer has selected Broadwind Energy (NASDAQ: BWEN) to supply approximately $14 million of wind towers for delivery in 2013. To read the full news, click here.
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