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U.S. Morning Call: Apple wants 'iWatch' trademark in Japan

Monday, July 01, 2013 - 03:32

Apple has applied for a trademark for ''iWatch'' in Japan, signaling the company may be moving ahead with plans for a watch-like device.

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I knew nothing new cool water. And and -- second half of the year that's what markets are looking ahead too as we kick up your Monday morning call. -- S&P and NASDAQ futures all pointing to a higher open this morning even know stocks have been super volatile lately. The S&P posted its best first half since 1998. On Friday. The threat of less spent money in higher interest rates has crushed emerging markets more than most assets in the past two months. But investors are also returning -- The MSCI emerging stocks index rose more than 4% last week after six straight weeks of declines. Today looking for ISM's data on manufacturing the number for June is expected to trend higher to fifty point five. After nearly hitting a four year low in day. Spot gold moving up this morning to 1240 announced but still down 23%. In the second quarter. Golden bear market move last week battered David I'm -- Green light Capital according to Reuters exclusive. Sure gold fund was down nearly 12% in June bringing year to date losses in the fund to 20%. -- flagship fund also invest in gold. Earlier this year the manager listed gold as one of the five largest positions in the fund. In 2009. Einhorn told the value investing congress that he was holding gold as head for what he described as unsound US policies. Were up for an. Stocks to watch the Wall Street Journal reports apple has filed the trademark application for I watch in Japan. Think speculation at such a device isn't actually in the works. And every time -- an apple product gets out the stock surges this morning it's up four dollars in the premarket. Cancer drug maker onyx. The stock is soaring 33% premarket. Onyx at Amgen's cash offer of 120 dollars a share quote significantly undervalued its prospects. Although it represented 38% premium to Friday's close. Onyx has a market cap a six point three billion dollars. Disparity between CEOs pay and that an employee has been -- hot topic since the start of the financial crisis. And according to an updated and that and that and assist from what are they get isn't closing anytime soon. The top 200 CEOs public companies with at least one billion dollars in revenue got -- eagle -- last year. The median 2012 pay package eight cool fifteen point one million dollars up 16%. From 2011. Larry Ellison tops the list with just over 96 million dollars in compensation. British reports the billionaires looking to -- his second airline. Isn't you can hop from one island to another. Rounding out the top five CEO pay packages this year. Activision Blizzard Robert -- Les Moonves of CBS David's a lot of discovery communications. And James Crowe of level tree. That's your Monday morning call remembered follow us on Twitter -- Reuters Insider and get more great media -- -- dot com slash -- I'm an expert.

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U.S. Morning Call: Apple wants 'iWatch' trademark in Japan

Monday, July 01, 2013 - 03:32