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U.S. Morning Call: Stock futures lower, AIA sale

Monday, March 05, 2012 - 02:06

Mar. 5 - U.S. stock futures are down after China cut its growth forecast and EU's private sector posted a decline in February. Also, AIG is looking to raise about $6 bln by selling some of its stake in AIA.

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Here's your morning off it is Monday US stock index futures heading for a lower open after China cut its growth forecast and report shows weakness in your private sector. Dow NASDAQ S&P 500 futures -- about what tax 1% Chinese premier wedge about -- the country's growth target seven point 5%. An eight year low and made boosting consumer demand the first priority -- report from market showed Europe's manufacturing and service firms contracted last month. Stocks lower in Hong Kong Japan and Germany. AIG wants to reduce its tablet uncles and the insurers selling part of its stake in -- -- -- -- group to raise about six billion dollars. To help repay huge federal government bail out it would still -- the government about 2.4 billion dollars for its stake -- eight after the sale. Plus the government still owns about 77%. -- AIG overall after coming to its rescue during the financial crisis. Analysts say the sale of AA shares comes -- good time stock has risen nearly 50%. Since the fall. More privacy was for apple and Google US senator Chuck Schumer of New York has asked the Federal Trade Commission. To investigate reports the company's mobile systems you'll private photos. And contacts and placed them on line without his. The request comes after apple tweaked its privacy policies last month after prodding from other lawmakers. Stocks to watch today include BP the oil giant -- seven point eight billion dollar settlement over the Gulf of Mexico spill this weekend shares up. One point 5% on treating. And Credit Suisse which announced it planned to buy back four point four billion dollars worth of stock. Right now it's down about 1% in her -- And leading up to Friday's February jobs report today we get a reading on the services sector Thomson Reuters IFR markets expecting the eyes on non manufacturing index to fall slightly to 55 point nine. Which it says will keep index -- slow upward trend it would still be the second best report over the past year. Figured due out at ten along with -- orders that's -- call this Monday -- -- Rogers this is partisan pattern.

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U.S. Morning Call: Stock futures lower, AIA sale

Monday, March 05, 2012 - 02:06