A Peek Into The Market Before The Trading Starts

Benzinga 14 years ago

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Pre-open movers US stock futures are mixed this morning. Futures for the Dow Jones Industrial Average dropped 17 points to 13,146.00 and S&P 500 index futures fell 2.40 points to 1,396.10. Nasdaq 100 futures gained 2 points to 2,711.00. A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index declined 0.25%, London's FTSE 100 Index moved down 0.38%, French CAC 40 index fell 0.70% and German DAX 30 index dropped 0.60%. Asian markets ended mixed, with Japan's Nikkei Stock Average rising 0.12%, China's Shanghai Composite rising 0.23% and Australia's S&P/ASX 200 moving up 0.38%. Hong Kong's Hang Seng index dropped 0.95% and India's Sensex fell 1.15%. Broker Recommendation Analysts at Deutsche Bank upgraded Abbott Laboratories (NYSE: ABT) from “hold” to “buy.” The target price for Abbott Laboratories has been raised from $58 to $70. Abbott Laboratories shares gained 0.10% to $59.48 in pre-market trading. Breaking news
  • Delcath Systems Inc (NASDAQ: DCTH) announced today that the Company has entered into an initial launch and training agreement for the Delcath Hepatic CHEMOSAT® Delivery system with the Instituto Oncologico Baselga (IOB), Grupo Quiron—a private hospital located in Barcelona, Spain. To read the full news, click here.
  • QLT Inc (NASDAQ: QLTI) today announced that its commercial product, Visudyne® (verteporfin for injection), was granted orphan drug designation for the potential treatment of chronic or recurrent central serous chorioretinopathy from the U.S. Food and Drug Administration. To read the full news, click here.
  • NXP Semiconductors NV (NASDAQ: NXPI) announced today that executive vice president and CFO Karl-Henrik "Kalle" Sundström has decided to resign as chief financial officer of NXP as per the end of July 2012 for personal family reasons and will return to Sweden. To read the full news, click here.
  • Informatica Corporation (NASDAQ: INFA) today announced that Informatica Cloud now provides native support for Microsoft Dynamics CRM Online and Microsoft Dynamics CRM 2011. To read the full news, click here.

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