PARIS Nov 28 U.S. stock index futures pointed
to a flat to lower open on Wednesday, with futures for the S&P
500 down 0.22 percent, Dow Jones futures down 0.13
percent and Nasdaq 100 futures flat at 0912 GMT.
* European stocks inched lower in morning trade, retreating
for only the second time in eight sessions as renewed worries
over the pace of U.S. budget talks prompted investors to book a
portion of their recent strong gains.
* Deep divisions at the Federal Reserve were on display on
Tuesday, just two weeks before the U.S. central bank's next
policy-setting meeting, with one top Fed official pushing for
more easing, and another advocating limits.
* U.S. retailer Costco Wholesale Corp is to pay a
special dividend of $7.00, worth a total $3.0 billion to
investors, it said when posting monthly same-store sales that
* Microsoft Corp has sold 40 million Windows 8
licenses in the month since the launch, according to one of the
new co-heads of the Windows unit, setting a faster pace than
Windows 7 three years ago.
* Green Mountain Coffee Roasters Inc forecast
quarterly and full year earnings well ahead of analysts
expectations, helped by an expanded lineup of single-serve
coffee makers and drinks, sending its shares up 22 percent in
* Clothing maker PVH Corp posted a bigger quarterly
profit on Tuesday despite a slight drop in sales as its higher
margin Calvin Klein and Tommy Hilfiger businesses grew faster,
and its shares gained one percent in after-hours trade.
* Defense contractor Lockheed Martin Corp said
Marillyn Hewson, set to become chief executive on Jan. 1, would
receive an annual base salary of $1.38 million and a target
bonus percentage of 175 percent in 2013.
* Advanced Micro Devices Inc plans to sell and lease
back its campus in Austin, Texas, to raise cash and fund its
chipmaking business as it diversifies beyond the struggling PC
industry into new markets.
* Nokia said on Wednesday that an arbitrator has
ruled in its favour in a patent dispute with BlackBerry-maker
Research In Motion (RIM) over use of Nokia's patents
related to wireless local access network (WLAN) technology.
* Shares in energy drink maker Monster Beverage Corp
soared more than 13 percent on Tuesday on comments by
the U.S. Food and Drug Administration that did not suggest any
immediate action against makers of the caffeinated drinks,
although the regulator will consider adding warnings and more
information on the drink labels.
* Jeff Zucker, a former head of NBCUniversal and the
producer of Katie Couric's talk show, will be named president of
Time Warner Inc's ratings-starved CNN cable news
channel, a source close to the situation said on Tuesday.
* U.S. stocks slid on Tuesday in a choppy session, losing
ground in the last hour before the close after Senate Majority
Leader Harry Reid expressed disappointment that there has been
"little progress" in dealing with the "fiscal cliff."
* The Dow Jones industrial average fell 89.24 points,
or 0.69 percent, to 12,878.13 at the close. The S&P 500
dropped 7.35 points, or 0.52 percent, to finish at 1,398.94. The
Nasdaq Composite lost 8.99 points, or 0.30 percent, to
end at 2,967.79.