FMX | Connect – www.fmxconnect.com - (Reported 7/1/2010)
- BOJ Tankan key sentiment index better than expected - first time in two years.
- China’s manf index declined for a second month, falling to 52.1 from 53.9 in May.
- China's stock index declines for seventh day; Commodity producers retreat.
- Disappointing Chinese economic data send stocks lower across Asia.
- German retail sales down 2.4% in May on year.
- OPEC crude output fell in June from a 17-month high, Bloomberg Survey says.
- Retail sales growth in Australia weakened in May, Building approvals drop.
- Swedish central bank hikes key interest rate by 0.25 pctage points to 0.5 percent.
- US House approves new rules for Wall Street in 237-192 vote.
- Yen, Dollar advance on recovery concerns; Franc reaches record versus Euro.
- ABB won't match Emerson's $1.5B offer for Chloride
- Acuity Brands' Q3 profit falls 3.1% to $21.3M on higher overheads. Revs up 2.8%.
- Amazon.com Inc. acquired deal-of-the-day site Woot Inc. for an undisclosed sum.
- Apollo Group posts Q3 EPS of $1.74 (cons $1.55); revs rose 27.7% to $1.34B.
- Best Buy official reiterates FY11 EPS view $3.45-$3.60.
- Boeing agrees to buy defense-equipment company, Argon ST Inc., for $775M.
- Celgene to buy Abraxis BioScience for $2.9B in cash and stock.
- Constellation Brands May earnings up from $6.5M to $49M.
- Ford Motor Co. said Wednesday it is reducing its debt by more than $4B.
- Monsanto's Q3 profit drops 45% to $384M as sales declined 6.3% to $2.96B.
- Philips-Van Heusen said it would top its Q2 forecast if current trends continue.
- Smith & Wesson's Q4 net falls 64% on higher expenses, charges. Revs up 4.3%.
- Telefonica extends $8.8B Vivo offer on optimism EU to disallow veto.
- Toyota finds engine problems in 270,000 vehicles sold worldwide.
- WellPoint backs off its plan to hike prices by as much as 39% for individuals in California.
- Yahoo! announces $3B stock buyback program in an 8-K.
Source: ZeroHedge
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