Tuesday, June 5, 2007

U.S. Stock-Index Futures Are Little Changed; Avaya Rises as Dell Declines

(Bloomberg) -- U.S. stock-index futures were little
changed before a service-industry report that may help investors
gauge the strength of economic growth and its implications for
Federal Reserve decisions on interest rates.

Avaya Inc. shares advanced in Europe after the company
agreed to be acquired by Silver Lake Partners and TPG Inc. in the
largest leveraged buyout of a computer-networking company. Dell
Inc., the world's second-largest personal-computer maker, fell.
Merrill Lynch & Co. downgraded the stock.


Read more at Bloomberg Stocks News

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