Real-Time Quote
Quote | News | Chart | Details
BKS News & Analysis
Futures Turn Lower as Fears Over Greece Linger
25 May 2012 EDT - CNBC.com
Page 1 of 2 | Next Page
Show Entire Article

U.S. stock index futures slipped Friday, tracking shares in Europe, as concerns lingered over the euro zone debt crisis in what could otherwise be a light trading day ahead of the Memorial Day weekend.

European shares erased their earlier gains to turn flat on Friday, as some traders looked to book profits on the back of a two-day rally with fears over Greece still lurking in the background.

Adding to jitters, Spain's Bankia shares were halted ahead of a board meeting to approve a recapitalization plan.

Investors will be closely watching the latest consumer sentiment report from the Thomson Reuters/University of Michigan, due at 9:55 a.m.ET. Economists expect a reading of 77.8, a repeat of the preliminary May reading, according to a Reuters survey.

Morgan Stanley will adjust thousands of trades to ensure outstanding limit orders to sell will be filled at no more than $42.99 a share for Facebook stock from last Friday's botched initial public offering, the firm told its brokers.

VeriFone Systems plunged after the electronic payment technology provider handed in a disappointing third-quarter and full-year guidance.

BlackRock ‘s increased its stake in Chesapeake Energy to almost 4 million shares from fewer than 1 million shares, sources told CNBC.

Green Mountain Coffee Roasters independent director Douglas Daft resigned from the board this week.

Page 1 of 2 | Next Page
Show Entire Article
BKS News & Analysis
Real-Time Quote
omniture pixel