- Hopeful Sign: If Selloff Stays Shallow
- Pitting Wall Street vs Auto Makers: Is It Fair?
- Europe Banks in Huge Rate Cuts; U.S. Earnings Glum
- Winner Today? Home Builder Stocks
- Exxon's Amazing Stat: Market Cap Of $400 Billion
- So, One Government Rescue Program Working?
- A Bottom Or Not? Pick Your Analyst
- There's No Sign Of A Bottom Yet
- Traders "Betting" Big 3 Get Bailout Money
- "Volatility Trade" Biggest Factor In Sell-Off?
- Wall of Shame: Fortress Investment's Wes Edens
- Cramer to Geithner: Let FDIC Chair Keep Her Job
- Lightning Round: Boeing, Medtronic, Agrium and More
- Lightning Round OT: Continental, Amylin Pharma and More
- Sell Block: Cramer's Solution for Mortgage-Backed Paper Mess
- Toll Brothers CEO's Housing Outlook
- Making Money Off M&A
- Your First Move For Friday December 5th
- Web Extra: Fast & Furious Trades For Friday
- Toshiba to Briefly Halt Chip Output on Weak Demand
- Boeing Mulls Pushing Back Dreamliner Deliveries
- Chief Executive Quits Australian Publisher Fairfax
- Asian Markets Wobble on Gloomy Economic Outlook
- Motor Racing-Honda Pulls Out of Formula One
- Job Cuts Picking Up Steam Just in Time for Holidays
- Pros Say: Bear Market Rallies = New Reality
- CEOs Sound Off: Budget Deficit, Bailouts & More
- Bernanke: 'More Needs To Be Done' on Foreclosures
More Videos
Text Size 
Bob Pisani has the day off. This post is from his producer, Robert Hum.
U.S. stock futures point towards a flat open this morning, following the market’s best week since April. The dollar index is a bit higher this morning, while commodities are slightly lower. The dollar index has been up for six straight days, prior to today.
Keep an eye on more weakness in Russian and Chinese stocks today. Over the weekend, tensions escalated between Georgia and Russia, as fighting continued. In China, the Shanghai composite hit new lows again, falling 5 percent as inflation worries remain in focus. The country’s PPI came in with a greater-than-expected gain of 10 percent from a year ago. China’s benchmark index is now down more than 9 percent over the past two trading days.
Elsewhere:
Waste Management[WMI
Loading...
()
] raised its all-cash offer for Republic Services [RSG
Loading...
()
]to $37 per share, a 9 percent increase from its prior $34 per share bid. Republic Services had previously spurned the initial offer as it remained committed to its own $6.2 billion offer to acquire rival Allied Waste.
After the close on Friday, Berkshire Hathaway[BRK
Loading...
()
] reported Q2 earnings fell 7.6% on weak insurance results. Insurance underwriting operating earnings fell 43%. Despite the weakness, earnings still beat analysts’ estimates.
The president of UPS’s[UPS
Loading...
()
] international business shot down reports that the company was weighing a bid for the Dutch package delivery company TNT. The executive told Reuters that such an acquisition would be “something that devalues our shares.” However, others believe acquiring TNT would provide UPS with a greater presence in the European and Asian markets
Diebold [DBD
Loading...
()
]announced preliminary Q2 results that beat analysts’ estimates. It saw strong demand for its ATMs and raised its full-year guidance. Diebold’s stock is up 3 percent pre-open.
Finally, FBR lowered its price target for Fannie Mae[FNM
Loading...
()
], as it believes the company would need to raise $5-$10 billion in additional capital.
related content |
Questions? Comments?
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes