Tuesday, June 5, 2007

U.S. Stock Futures Fall Before Services Report; Bed Bath & Beyond Declines

(Bloomberg) -- U.S. stock-index futures fell after
Bed Bath & Beyond Inc. said first-quarter profit missed its
forecast and as investors awaited a service-industry report that
may reduce the chances of an interest-rate cut this year.

Bed Bath & Beyond tumbled after the largest U.S. home-
furnishings retailer said profit fell short of its April
prediction as home sales slumped. Juniper Networks Inc. dropped
after UBS AG downgraded the world's second-biggest maker of
equipment for directing Internet traffic.


Read more at Bloomberg Stocks News

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