STOCKS NEWS US-Crude oil down after rally in Wednesday's session
Stocks on the move [HOT-RTRS] Real-time Equity news [U E] [RESF/US]
U.S. stock market report [.N] 0726 ET 21May2009-Crude oil down after rally in Wednesday's session ------------------------------------------------------------------------------
July crude futures fell on Thursday, after hitting a six-month high in Wednesday's session.
The contract slid 2.3 percent to $60.60 per barrel.
For details, see [ID:nSIN101873]
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0722 ET 21May2009-Barclays upgrades health care facilities group ------------------------------------------------------------------------------
Barclays Capital on Thursday upgraded the health care facilities sector to positive from neutral, arguing that the sector would benefit from proposed healthcare reform, as well as the ability to offset weaker volumes with lower costs.
"Although the timing of any reform remains uncertain, we see increased momentum for something getting finalized before the end of the year and suggest that the hospitals should be one of the greatest beneficiaries," the firm wrote. "We believe that the current proposals and hearings suggest that Congress has a favorable bias toward helping hospitals."
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0716 ET 21May2009-GFT: stock indices are "starting to look tired" ------------------------------------------------------------------------------
GFT on Thursday said that U.S. indices were "starting to look tired," and that they were "to hold on to gains and failing."
"It feels like we may get that pull-back that we've been expecting for so long," the firm wrote, adding that the test in Thursday's session would come with the market reaction to jobless and Philadelphia Fed data.
GFT expects the Dow Jones industrial average .DJI to open down 46 points while the S&P 500 .SPX opens down 6 points.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0712 ET 21May2009-Google won't buy newspaper: FT ------------------------------------------------------------------------------
Google Inc (GOOG.O) has decided against buying a newspaper,
according to a report in the Financial Times that quoted the
Internet company's CEO.
The company had considered buying a news publication but is now unlikely to do so because potential targets are either too expensive or have too many liabilities, the FT quoted Schmidt as saying.
For details, see [ID:nLK101627]
Shares of Google closed Wednesday at $397.18.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0709 ET 21May2009-Sony to halve suppliers, cut procurement costs ------------------------------------------------------------------------------
Sony Corp (SNE.N) on Thursday said it would halve the
number of its suppliers over the next two years, and added that
it was aiming to cut its procurement costs by 20 percent this
year.
The moves come as the electronics company steps up restructuring efforts amid mounting losses.
For details, see [ID:nBNG398847]
U.S.-listed shares of Sony closed Wednesday at $26.11.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0703 ET 21May2009-BofA wants to repay $45 bln of TARP this year: FT ------------------------------------------------------------------------------
Bank of America (BAC.N) wants to repay $45 billion in
bail-out funds by the end of the year, according to a report in
the Financial Times.
The bank is on track to raise more than $35 billion in capital by the end of September, the report read, citing people familiar with the matter.
For details, see [ID:nN20542015]
Shares of the Dow component slid 3 cents to $11.46 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0659 ET 27April2009-Economic indicators for May 21 ------------------------------------------------------------------------------
Economic indicators on tap for Thursday include jobless claims data, the April SEMI book to bill ratio, the April leading index change and the May Philadelphia Fed business index.
For details, see [ECI/US]
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0653 ET 21May2009-Earnings diary for May 21 ------------------------------------------------------------------------------
Companies scheduled to report quarterly results on Thursday include: Gamestop Corp (GME.N), Gap Inc (GPS.N), Autodesk Inc (ADSK.O), Salesforce.com Inc (CRM.N), Hormel Foods Corp (HRL.N) and Patterson Dental (PDCO.O), among others.
For details, see [RESF/US]
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
© Thomson Reuters 2009 All rights reserved



