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U.S. Morning Call: Stock futures point to fresh peaks

Tuesday, March 05, 2013 - 03:46

Mar 6 - U.S. stock futures pointing to further gains on Wall Street after the Dow's record-breaking rally on Tuesday.

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Your morning on Wednesday -- looking pretty easy but when it comes to their own earnings. The largest US office supply chain reported lower than expected quarterly revenue from weak sales in Europe and North America. Staples also plans to tweak its product line up with items such as -- is losing ground to tablets. But to -- earnings call today may be dominated by talk of the one billion dollar merger between rival Office Depot office Max. And present challenges to staples in the long term. As of now staples current market cap is closed eight point nine billion dollars. Far exceeding the combined worth a boat its competitors' shares of staples and just -- thirteen bucks on Tuesday. US stock futures point to fresh peaks ahead of you keeping with a stellar run -- yesterday. That's when it out topped its record for October 2007. About 141500. Up 120 points. Much of the heavy lifting was done by five stocks went to law journal as you can see there companies that are more highly -- in -- adding to the index's gains. Well managers telling Reuters that the stock market's recent rise increasing hopes on a lot of it wider well the fact. That would see people with stock portfolios and -- feeling richer and more -- it. Prompting and to spend more on everything from home improvement luxury cars and meals in restaurants creating jobs in the process. Speaking of jobs we're expecting the ADP national numbers for February -- dipped slightly ahead of Friday's key report. OK let's find out the -- stocks stocks to watch today the first one a writer exclusive. Apple in talks with audio tech firm beats electronics. Potential partnership involving -- its plans music store service pay attention and are up. Apple's Tim Cook met with music -- -- -- I mean late last month. To look into the music subscription project be announced in January. Sticking with tech -- -- in trouble with EU regulators' antitrust chief slapping a sop to you hefty. 731. Million dollar fine for breaking a promise to opera windows users a choice of Internet browsers. They find a warning to other tech firms involved in antitrust disputes with the EU. Well apple and Microsoft -- having its competitor on their hands. New court introducing its first tablet computer specifically for the classroom. However -- amplify tablet is about getting into the mobile device arena and more about getting a piece of the billions of dollars spent US public schools. The tablet but it's a library digital textbooks. Lasting -- a virtual for a dog pretty cool. And finally we've got a CEO to watch Ford Motor -- Allen will -- this week was awarded performance bonuses worth nearly twelve million dollars Malone getting the big bucks for successfully cutting the number of carriages reports vehicles. Which makes manufacturing more efficient. All big dean reporting on all things G as in group line. Chief financial officer Jason child in the embattled daily deals company -- changing its business model as it seeks out new CEO. He argues group on on the right track and that the board of directors is in favor of quote. The stuff we've been working -- interesting. Again my CEO Andrew Mason -- Well that's -- for us you can follow us on Twitter at Reuters Insider in check out -- -- and yes that letter dot com slash writers TV. I'm Lisa Bernhard.

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U.S. Morning Call: Stock futures point to fresh peaks

Tuesday, March 05, 2013 - 03:46