Tuesday, June 26, 2007

U.S. Stock-Index Futures Are Little Changed; Oracle Declines in Europe

(Bloomberg) -- U.S. stock-index futures were little
changed before a report that may show purchases of new homes in
the U.S. probably dropped in May.

Shares of Oracle Corp., the world's third-largest software
maker, and Nike Inc., the biggest athletic-shoe maker, declined
in Europe before reporting earnings. Apple Inc., whose market
value passed $100 billion in May as euphoria mounted over its
iPhone, rose in Germany after RBC Capital Markets recommended
buying the stock.


Read more at Bloomberg Stocks News

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