- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- Steepest Black Friday Discounts, Revealed
- Fed to Counsel Moviegoers on How to Use Credit Cards
- 'Cancer of Fraud' Permeates Health Care System: Critics
- Where Do Pardoned Turkeys Go?
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- The Executive Job Search
- S&P Stocks Trading at New 52-Week Highs
- Where Do Pardoned Turkeys Go?
- Salvation Army's Kettles Now Credit Card-Ready
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Trader Talk
- Black Friday: Bargain or Bust?
Text Size 
Wall Street eased into a holiday-shortened week with stock index futures indicating a slightly higher open Monday.
Stock markets were mostly higher in Europe, while premarket US averages were bobbing around the breakeven point.
Fast-food giant Wendy's [WEN
Loading...
()
] saw its shares pop more than 9 percent in premarket trading after Barron's wrote that the company could be significantly undervalued and poised for a sharp move higher.
Sanofi Aventis [SNY
Loading...
()
] also was an early mover, gaining nearly 3 percent on a Financial Times report that the Paris-based pharmaceutical was preparing to make acquisitions to strengthen its position in the industry.
In the financial sector, UBS [UBS
Loading...
()
] said it will pay it will pay between $2.77 billion and $4.62 billion to settle a US tax probe. Shares fell 2.8 percent premarket.
Also in banking, State Street [STT
Loading...
()
] shares slipped 3 percent after the bank received a "Wells Notice" from the Securities and Exchange Commission regarding a probe into various investment moves in 2007 and in prior periods. State Street said it is cooperating with the inquiry.
Shares in Asia ended mostly lower in choppy trading.
With no economic indicators or earnings reports out ahead of trading, investors' attention will likely fall on the sentencing of convicted Ponzi-scheme operator Bernard Madoff. Madoff faces up to 150 years in prison.
Shares in the mobile phone sector could be active on speculation of global consolidation. Vodafone, the world' s largest cell phone network provider by revenue, is considering buying T-Mobile UK from Deutsche Telekom, the FT reported.
And Hasbro [HAS
Loading...
()
] could be in demand after the "Transformers" sequel raked in more than $200 million in the North American box office in the five days since its opening. An analyst said June 19 product tie-ins to the move could add more than $500 million in Hasbro's sales this year.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes