Stocks
Indian Stocks are Better Long-Term Bet Than China, Franklin Templeton Says India offers better long-term
returns on stocks than China given the outlook for economic
growth and corporate earnings, according to Franklin Templeton
Investments.
S&P 500 May Surge Past January's Peak, Sentiment Shows: Technical Analysis The Standard & Poor’s 500 Index may
surpass this year’s January high because market momentum picked
up without turning investors overly bullish, according to Robert
W. Baird & Co.’s chief investment strategist Bruce Bittles.
U.S. Stocks Advance on Anniversary of S&P 500 Index's 2009 Bear-Market Low U.S. stocks rose on the anniversary
of the 2009 bear-market low for the Standard & Poor’s 500 Index
amid speculation the economy will continue to recover from the
worst contraction since the Great Depression.
AeroVironment, Allergan, Collective, Facet, Micromet: U.S. Equity Preview Shares of the following companies
may have unusual moves in U.S. trading tomorrow. Stock symbols
are in parentheses, and prices are as of 6:04 p.m. in New York.
Husky Energy, Primaris Retail Real Estate, Viterra: Canada Equity Preview Shares of the following companies
may have unusual moves in Canadian trading. Stock symbols are in
parentheses.
America Movil, Empresas CMPC, Daycoval, Marisol SA: Latin Equity Preview The following companies may have
unusual price changes today in Latin American trading. Stock
symbols are in parentheses and share prices reflect the previous
close.
NYSE Installs Chairs Amid Stock Exchange's Attempt to Recover Market Share The New York Stock Exchange is
betting that letting traders sit down will help win back
business at the 217-year-old market.
European Stocks Are Little Changed; EADS Declines, Nestle Shares Advance European stocks were little changed
as a wider-than-expected loss from European Aeronautic, Defence
& Space Co. offset gains among food and beverage producers and
health-care companies.
Anheuser-Busch, Faurecia, Solvac, Terna, Xiring: European Equity Preview The following companies’ shares may
be active in European trading. Stock symbols are in parentheses
and share prices are from the last close.
Swiss Stocks to Continue Climb Above 200-Day Average: Technical Analysis The Swiss Market Index, which has
outperformed most developed markets this year, may continue to
rise as it holds above its 200-day moving average, according to
Zuercher Kantonalbank.
UBS Lowers Earnings Forecasts, Share-Price Estimates for Italian Lenders UBS AG cut its per-share earnings
estimates for Italian banks by an average of 9 percent in 2010
and 3 percent next year, saying in a report “we have factored
in our forecasts slightly lower trading income and higher loan
loss provisions.”
Eastern Europe, Central Asia Lead Global Stock Rally From Post-Lehman Low East European and Central Asian
stocks led gains in the year since global equities bottomed out
following the bankruptcy of Lehman Brothers Holdings Inc.
Japanese Shares Slip on Lower Commodity Shipping Rates, Deflation Concern Japanese shares fell after a gauge
of commodity-transport fees dropped and a central bank report
stoked concern deflation will hurt company earnings.