A Message From The Editor
Welcome to the Before the Bell Newsmail from www.reuters.com.
Today is a day of what is not happening. Comcast, showing discipline instead of ego, just withdrew its bid for Disney. To see the market’s reaction, click on the stories below.
There are no major economic indicators out today and the Fed officials aren’t scheduled to speak. So it is a day of earnings, earnings, earnings. Everyone from Amerada Hess to Valero Energy, Boeing to Time Warner, Halliburton to Phelps Dodge, JDS Uniphase to Kerr-McGee is reporting today.
Stocks are to open lower at this point in the morning. Nortel just sacked its CEO, CFO and Controller and said its results will be delayed.
Treasuries are treading water, though there is some pressure on the short-term bonds as a $26 billion sale of two-year notes is set for later today. The dollar kind of bounced around as traders are looking toward tomorrow’s GDP report and possibly next week’s employment numbers for direction.
To keep up with all the news – Supreme Court challenges, the situation in Iraq, and Pennsylvania Republican Senator Arlen Specter’s fate - click on the stories below and go to www.reuters.com throughout the day.
Welcome to the Before the Bell Newsmail from www.reuters.com.
Today is a day of what is not happening. Comcast, showing discipline instead of ego, just withdrew its bid for Disney. To see the market’s reaction, click on the stories below.
There are no major economic indicators out today and the Fed officials aren’t scheduled to speak. So it is a day of earnings, earnings, earnings. Everyone from Amerada Hess to Valero Energy, Boeing to Time Warner, Halliburton to Phelps Dodge, JDS Uniphase to Kerr-McGee is reporting today.
Stocks are to open lower at this point in the morning. Nortel just sacked its CEO, CFO and Controller and said its results will be delayed.
Treasuries are treading water, though there is some pressure on the short-term bonds as a $26 billion sale of two-year notes is set for later today. The dollar kind of bounced around as traders are looking toward tomorrow’s GDP report and possibly next week’s employment numbers for direction.
To keep up with all the news – Supreme Court challenges, the situation in Iraq, and Pennsylvania Republican Senator Arlen Specter’s fate - click on the stories below and go to www.reuters.com throughout the day.
