Stocks on the move [HOT-RTRS] Real-time Equity news [U E]
[RESF/US]
U.S. stock market report [.N]
0703 ET 27May2009-P&G CEO may provide cautious outlook: WSJ
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A.G. Lafley, the chief executive of Procter & Gamble Co(PG.N), is expected to provide a cautious outlook for the
consumer products company's coming fiscal year in a
presentation to investors, the Wall Street Journal reported on
its website.
Lafley is also likely to weigh in on possible price cuts,
after several quarters of price increases by the company, the
paper said, citing a person familiar with the matter.
For details, see [ID:nBNG400175]
Shares of the Dow component closed Wednesday at $51.78.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0658 ET 27May2009-Visteon files for Chapter 11
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Auto parts makers Visteon Corp VSTN.PK and Metaldyne Corp
both filed for Chapter 11 bankruptcy protection for their U.S.
operations, as the auto industry continued to be pressured by
the recession and a possible bankruptcy filing at General
Motors Corp GM.N.
Both Visteon, which Ford Motor Co (F.N) spun off in 2000,
and Metaldyne Corp, a unit of Japan's Asahi Tec Corp (5606.T),
said on Thursday that the bankruptcy filings do not include
their non-U.S. entities or operations.
For details, see [ID:nLS306445]
Shares of Ford slipped 1 cent to $5.33 in premarket
trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0655 ET 27May2009-Economic indicators for May 28
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Economic indicators on tap for Thursday include April
durable goods data, weekly jobless claims, new home sales data
for April, Kansas City Fed manufacturing figures for May and
April Midwest manufacturing data.
For details, see [ECI/US]
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0650 ET 28May2009-Earnings diary for May 28
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Companies scheduled to report quarterly results on Thursday
include: Big Lots Inc (BIG.N), Dell Inc (DELL.O), Novell Inc(NOVL.O), and H.J. Heinz Co(HNZ.N). Costco Wholesale Corp
(COST.O) said third-quarter net profit fell 29 percent.
For details, see [RESF/US]
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
