Pre-market primer futures off with no data; yahoo acquires tumblr stocks minyanville’s wall street eur usd exchange rate chart


Dow ( INDEXDJX:.DJI) futures were down 0.08% at 15,303. S&P 500 (INDEXSP:.INX) futures slipped 0.09% to 1,661.50 1 usd to thb. Nasdaq ( INDEXNASDAQ:.IXIC) futures fell 0.16% to 3,018 currency converter uk to us. The US economic calendar is quiet until Wednesday, when we get existing home sales data and the latest minutes from the Federal Reserve Open Market Committee.

Overseas markets also reached records. Germany’s DAX (INDEXDB:DAX) led Europe, rising 0.35% to a record high. Japan’s Nikkei (INDEXNIKKEI:.NI225) gained 1.5% on economic optimism and a weakening yen nis to usd. The stock index is up 48% year-to-date, with exporters that benefit from a cheap currency leading the way usd to aud conversion calculator. The government raised its expectations for economic growth this year.

Over the weekend, Yahoo ( NASDAQ:YHOO) closed the acquisition of Tumblr, a six-year-old blogging network, for $1.1 billion.

The deal was 100% cash. Shares of the Internet media company rose 0.53% in the pre-market. Since the start of the year, the company has advanced over 33% famous quotes about life and death. JPMorgan Chase ( NYSE:JPM) analyst Doug Anmuth wrote that the deal was a positive step for Yahoo.

Campbell’s Soup Co. ( NYSE:CPB) reported profits of $181 million, or $0.57 per share in its third fiscal quarter, up from $0.55 a year earlier as the company works to expand its offerings to serve customers’ changing tastes as well as expand overseas.

Pandora ( NYSE:P) shares rose 2.68% to $16.49 after Barclay’s recommended it as equal weight, up from underweight convert canadian dollars to us dollars. The analysts noted that Pandora is successfully improving its monetization of mobile users.

In a commencement speech at Simon Rock, a small college in Massachusetts, Fed Chairman Ben Bernanke made the case for optimism thanks to technology and worker productivity.

"Invention was once the province of the isolated scientist or tinkerer. The transmission of new ideas and the adaptation of the best new insights to commercial uses were slow and erratic. But all of that is changing radically exchange rate euro usd. We live on a planet that is becoming richer and more populous, and in which not only the most advanced economies but also large emerging market nations like China and India increasingly see their economic futures as tied to technological innovation," the Chairman said.

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