Financial Breakfast: Morning News Summary for February 06, 2012

In 1929 currency began to be made smaller by 25% and the pictures were standardized; faces on the front and emblems and monuments on the back.

Benzinga's Top News

• Consolidated Communications CNSL to Acquire SureWest Communications SURW for $23 per Share
• Humana HUM Reports Q4 EPS $1.20 vs $1.21 Est; Revenues $9.06B vs $9.24B Est; Humana Guides 2012 EPS $7.50-7.70 vs $7.99 Est
• Nielsen Holdings NLSN Reports Q4 EPS $0.51 vs $0.49 Est; Revenues $1.42B vs $1.46B Est
• Sohu SOHU Reports Q4 EPS $1.36 vs $1.24 Est; Revenues $246M vs $243.75M Est

Domestic Pre-Market Trading

• U.S. Equity Markets trade lower as Dow futures trade down about 38 points.
• U.S. Dollar trades about 0.55% higher.

Overseas Trading

• European markets are lower in afternoon trading. Britain's FTSE 100 slid 0.32%, Germany's DAX lost 0.51% and France's CAC 40 fell 1.06% on the session.
• Asian stocks ended the session mixed. China's Shanghai added 0.05%, Japan's Nikkei 225 gained 1.1%, and Hong Kong's Hang Seng slid 0.23%.

Upgrades/Downgrades

• Bank of America Upgrades FedEx FDX to Buy
• Sterne Agee Upgrades Skechers SKX to Neutral

• Morgan Stanley Downgrades Teva Pharmaceutical TEVA to Equal-weight
• Piper Jaffray Downgrades Regeneron Pharmaceuticals REGN to Neutral

On the Economic Calendar

• No Major Economic Data Today

Earnings

• Humana HUM Reports Q4 EPS $1.20 vs $1.21 Est; Revenues $9.06B vs $9.24B Est; Humana Guides 2012 EPS $7.50-7.70 vs $7.99 Est
• Nielsen Holdings NLSN Reports Q4 EPS $0.51 vs $0.49 Est; Revenues $1.42B vs $1.46B Est
• Sohu SOHU Reports Q4 EPS $1.36 vs $1.24 Est; Revenues $246M vs $243.75M Est
• Towers Watson TW Reports Q2 EPS $1.35 vs $1.20 Est; Revenues $879.7M vs $845.81M Est

Corporate News

• Consolidated Communications CNSL to Acquire SureWest Communications SURW for $23 per Share
• BioLineRx BLRX In-Licenses Second Oral Hepatitis C Treatment

Commodities

• Precious metals are trading lower, with gold posting losses of about 1.06%
• Energy futures are trading lower, with crude oil posting losses of about 0.97%
• Natural Gas futures are higher by about 1.28% and copper is trading lower by about 1.05%

Benzinga's Morning Radar

Technical Levels for Futures and Forex

Name	Resistance-2	Resistance-1	Mid Pivot	Support-1	Support-2
E-Mini S&P 500	1355	1347	1333	1325	1312
Gold	1779	1754	1740	1714	1700
Crude	99.29	98.53	97.27	96.51	95.25
Natural Gas	2.60	2.55	2.50	2.45	2.40
EUR/USD	1.3282	1.3219	1.3142	1.3080	1.3002
US Dollar Index	79.77	79.41	79.10	78.72	78.43

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