** MORNING WRAP **
** US MARKETS **
Dow 0,04%; Nasdaq 0,45%; S&P 0,23%; Soxx 1,24%; Russel2k 0,09%; DJAIG -0,58%;
10yr Bond 0,07%; 10yr Yield 4,56%; Crude future 59,3; Gold 629,5
| Materials 1,27%| Technology 0,85%| ConsStaples 0,29%| Utilities 0,26%|
Healthcare 0,24%| ConsDisc 0,22%| Industrials 0,15%| Financials 0,11%| Telecom
-0,38%| Energy -0,56%
- Markets will be shut for the Thanksgiving holiday today and will trade till
1pm E.T tomorrow.
** ASIAN MARKETS **
Nikkei closed; Kospi -0,23%; HSI 0,37%; Taiwan 0,49%; China 0,35%; India 0,32%;
Thailand -0,12%; Australia 0,35%
- Asian Currencies Advance on Appeal of Higher-Yielding Assets as U.S. Slows
- Bank of Korea Orders Commercial Banks to Increase Reserves to Curb Lending
- Asian Shares Rise to Record on Optimism U.S. Interest Rates Will Decline
- Thai Airways Unexpectedly Posts First Loss in a Year on Higher Fuel Costs
- Sri Lanka’s Central Bank Expects Fastest Growth in Almost 30 Years in 2007
- Regal Seeks $1.8 Billion in Sale of Property Trust Backed by Five Hotels
- Macquarie Bank Joins Tattersall’s in $261 Million Purchase of Talarius Plc
** EUROPE: IN PLAY TODAY **
- Altadis SA: The maker of Gauloises cigarettes may be active. The European
Court of Justice is scheduled to rule in a case that may determine whether
consumers can buy cigarettes in European Union countries where they are cheaper
and have them delivered without paying tax in the country where they live.
- KBC Group NV, Belgium’s second-largest financial-services company, said profit
almost doubled in the third quarter, helped by a gain from the sale of Banco
Urquijo. Net income was 1.08 billion euros ($1.40 billion), compared with 550
million euros a year earlier, the Brussels-based company said today on its Web
site. That beat the 1.04 billion-euro median estimate of five analysts surveyed
by Bloomberg News. Profit was boosted by a 500 million-euro gain on the sale of
the Spanish unit.
- Air France-KLM Group, Europe’s biggest airline, reported second-quarter profit
rose, excluding a gain from an asset sale a year earlier, on increased demand
and higher fares. Net income for the period ended Sept. 30 gained 26 percent to
374 million euros ($484.8 million) from 298 million euros a year earlier,
excluding the gain from the sale of a stake in Amadeus Global Travel
Distribution SA, said Chief Operating Officer Pierre-Henri Gourgeon in a
briefing today. Profit beat the median estimate of 370 million euros of eight
analysts surveyed by Bloomberg News. Revenue rose 8.8 percent to 6.13 billion
euros.
- Siemens AG: The engineering company’s Osram lighting unit is scheduled to
publish full-year results.
- Union Fenosa SA: Spain’s third-largest power company is scheduled to present
its strategic plan through 2011.
- EON: EU regulators charged E.ON with breaking a seal on evidence in a
antiturst investigation, fine could be 1% of turnover.