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U.S. Morning Call: Stock futures lower; Apple fined

Thursday, June 21, 2012 - 03:07

June 21 - Wall Street is set for a lower open after the Fed's decision to extend Operation Twist, and Apple has been fined $2.3 million by Australian authorities for a misleading ad.

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Wall Street stamping its feet after not getting more from the Fed. And apple gets a slap on the wrist down under here's -- morning call this Thursday. First let's check on US futures. Operators called it they are down after that decision to extend Operation Twist -- the end of the year. Some investors want more debt purchases but didn't get it Wall Street's top bond firms nasty at 50% chance of more que me down the road. Still it's not that's -- entirely we also had another slowdown in China's factory sector and Spain's borrowing costs hit me now other. New Euro high. Apple has been -- 2.3 million dollars by Australian authorities for misleading advertising. Tech giant said its new live -- was compatible with the -- -- mobile data network went. It wasn't. The company is RD promised it will email Osce customers and offer them read signs. The fine is just a drop in the bucket given Apple's huge cash reserves its shares down slightly before the now. Some music could southeast at 10 o'clock back to its IPO price of 38 -- it's US users are dwindling. According to the latest research from comScore. Last month -- attracted 158 point 01 million unique visitors edging lower. My 158 point 69 million in April. Now one oft cited reason for buying FaceBook stock was the company's rapid growth it shares treading water in the premarket. Although some food for thought -- report from the -- group that FaceBook IPO debacle shut investor confidence almost as much as 2010. Flash crash. Meantime at today's annual espy meeting don't be surprised to hear investors asked why the company hasn't found a new CEO. Former boss Brian -- abruptly left you months ago during an internal probe. That investigation found yet improper relationship with a female employee. Best I sat down about 35% since its march -- The -- pessimistic about the recovery and there's more data that could prove. And rights watch out for initial jobless claims market in mind existing home sales and that's Philly Fed and acts quality indicators look like they're coming in worse than last month three state for the Philly Fed index that's set to rebound to. Wait for it. Zero. Can't win Kenya. I just you stocks to watch right now it could be some movement on Johnson & Johnson a -- journal reporting. It's close to reaching a settlement with the Justice Department over how -- and anti psychotic drug. It cost the company at least one point five billion dollars. And Ed -- and beyond says it's investing more aggressively into e-commerce and not Amazon in February Amazon launched at home furnishings website. At bath and beyond also saw weaker earnings it's down for the now. From our coverage are sure to follow us on Twitter borders insider and -- also check out our YouTube channel operators dot com slash writers TV. I'm Jen Rogers this is partners.

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U.S. Morning Call: Stock futures lower; Apple fined

Thursday, June 21, 2012 - 03:07