Monday, July 2, 2007

US STOCKS-Futures up on telecoms takeovers, data eyed

(Reuters) - NEW YORK, July 2 - U.S. stock index futures rose
on Monday, boosted by takeover news in the telecommunications
sector and before a report on manufacturing activity that could
give clues on the outlook for profits.




Canada's largest telephone company, BCE Inc
, agreed to a US$32.8 billion buyout, excluding debt,
from a group that includes the Ontario Teachers Pension Plan on
Saturday, in the biggest buyout in Canadian corporate history.
For details, see [ID:nN02315411].


Read more at Reuters.com Bonds News

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