A Peek Into The Market Before The Trading Starts - IDEXX Laboratories (NASDAQ:IDXX)

Pre-open movers

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 65 points to 12,967.00 and S&P 500 index futures rose 6.70 points to 1,379.20. Nasdaq 100 futures gained 13.25 points to 2,696.75.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index gained 0.34%, London's FTSE 100 Index moved up 0.33%, French CAC 40 index rose 0.64% and German DAX 30 index gained 1.06%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.28%, China's Shanghai Composite rising 1.19% and Australia's S&P/ASX 200 moving up 0.07%. Hong Kong's Hang Seng index gained 0.07% and India's Sensex dropped 0.75%.

Broker Recommendation

Analysts at Deutsche Bank downgraded SanDisk Corp

SNDK

from “buy” to “hold.” The target price for SanDisk has been lowered from $53 to $35. SanDisk shares dipped 15.17% to $34.33 in pre-market trading.

Breaking news

Procera Networks PKT today announced the pricing of a common stock offering of 4,500,000 primary shares at a price to the public of $21.00 per share. To read the full news, click here.
Lentuo International Inc. LAS has entered a strategic partnership with a consortium of automobile manufacturers, dealerships, and insurance brokers to form Saneguard Automobile Insurance Co., Ltd., an insurance provider in the People's Republic of China. To read the full news, click here.
Idexx Laboratories Inc IDXX reported a better-than-expected first-quarter profit and lifted its target for the full year. To read the full news, click here.
Wolverine Worldwide WWW and Forus SA today announced the formation of a new joint venture, Lifestyle Brands of Colombia, to market footwear in Colombia. To read the full news, click here.

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