A Peek Into The Market Before The Trading Starts - Delcath Systems (NASDAQ:DCTH), Kratos Defense & Security (NASDAQ:KTOS)

Pre-open movers

US stock futures are slightly lower this morning, ahead of economic data. Futures on the Dow Jones Industrial Average dropped 11 points to 12,206.00and futures on the S&P 500 stock index fell 2.30 points to 1,258.00. Nasdaq 100 futures declined 1.50 points to 2,277.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index has gained 0.01%, German DAX 30 index rose 0.17% and France CAC 40 index surged 0.24%. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.4574% and China's Shanghai Composite dropping 1.09%.

Broker Recommendation

Analysts at Oppenheimer upgraded VMware Inc

VMW

from “perform” to “outperform.” The target price for VMware is set to $100. VMware shares gained 0.69% to $84.25 in pre-market trading.

Breaking news

Mylan Inc. MYL today announced that its subsidiary Mylan Pharmaceuticals Inc. has received final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application for Levetiracetam Extended-release Tablets, 500 mg and 750 mg. To read the full news, click here.
Kratos Defense & Security Solutions, Inc. KTOS, announced today that its Herley Industries, Inc. subsidiary has received an exclusive three year requirements contract with a potential value of $13.6 million from a major prime contractor for the continuing production of flight safety electronics hardware for five critical U.S. missile programs. To read the full news, click here.
Delcath Systems, Inc. DCTH announced today that the Company has entered into an initial launch and training agreement for the Delcath Hepatic CHEMOSAT® Delivery system with Johann Wolfgang Goethe University Hospital (J.W. Goethe), a premier European cancer treatment and research center located in Frankfurt, Germany. To read the full news, click here.
The Wendy's Company WEN today announced the grand opening of the first joint venture Wendy's® restaurant in Japan, located in Tokyo's Omotesando area. To read the full news, click here.

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