Stocks on the move [HOT-RTRS] Real-time Equity news [U E]
U.S. stock market report [.N]
0850 ET 28Apr2008-Before the Bell-Visa shares rise
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Shares of Visa Inc (V.N) rose 2.3 percent before the opening bell on Monday
after J.P. Morgan Securities started coverage of Visa Inc with an "overweight"
rating, saying the company will enjoy above-average growth from demutualization
effects over the next two to three years.
Other brokerages also had upbeat brokerage comments on the company.
Its shares were up at $76.80 in pre-market trade after closing Friday at
$75.10.
For more please double click [ID:nN28461783]
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
0837 ET 28Apr2008-Before the Bell-Wm Wrigley Jr shares jump
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Shares of Wm Wrigley Jr Co WWY.N, the largest U.S. chewing gum maker,
rose 26.5 percent before the opening bell on Monday after media reports that
M&M's maker Mars Inc and Berkshire Hathaway Inc (BRKa.N) were near a deal to
buy Wm Wrigley Jr Co. For details, see [ID:nN28443723]
Shares were up at $79 in pre-market trade after closing at $62.45.
For more please double click [ID:nN28464191]
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
0756 ET 28Apr2008 RTRS-US STOCKS-Futures rise on takeover news, oil's surge
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U.S. stock futures rose on Monday, helped by news of a likely $22 billion
takeover of chewing gum maker Wm Wrigley Jr Co WWY.N and record crude oil
prices, which could lift shares of energy companies.
Expectations that a takeover battle for Yahoo Inc (YHOO.O) by Microsoft
Corp (MSFT.O) could intensify kept the technology sector on the front burner.
The latest all-time high in oil prices came when U.S. crude for June
delivery climbed to $119.93 a barrel in electronic trading, boosted by supply
concerns.
For more please double click [.N]
Reuters Messaging rm://ellis.mnyandu.thomsonreuters.com@reuters.net
0740 ET 28Apr2008-U.S. economic diary for April 28
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The day's economic agenda includes the Federal Reserve Bank of Chicago's
Midwest Manufacturing Index for March at 12 p.m. EDT (1600 GMT).
For more please double click [ECI/US]
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
0739 ET 28Apr2008- U.S. earnings diary for April 28
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The day's earnings calendar includes quarterly results from Loews Corp.
LTR.N, Tyson Foods (TSN.N) and Visa Inc (V.N).
For more please double click [RESF/US]
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
