Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 10 points higher while the broader S&P500 index is looking to open nearly 1 point higher. Moving fast in the pre-market session are shares of OXiGENE up over 6% after the company announced clinical data from FACT and FALCON studies will be presented at ASCO; Dell up over 6% after the company issued quarterly results; Gulf Resources up over 5% two days after the company posted a markedly higher Q1 profit; and Abercrombie & Fitch up over 3% following quarterly results. Shares of Staples are trading over 11% lower after the company reported weaker-than-expected quarterly results. Stay tuned for additional breaking information on these and other top stories from FNNO.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up