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U.S. Morning Call: Stocks poised for new highs

Tuesday, March 05, 2013 - 04:21

Mar 5 - Stock index futures are pointing to a higher open on Wall Street after U.S. shares closed higher in a late-day rebound

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Here's your morning call for Tuesday investors. Waiting to see if stocks can hit fresh highs today -- you realize that we take a look at future signaling gains across the board. Stocks with a higher close yesterday as investors staged a late day rebound. The recent trend of buying on dips still in play but taking organs Connolly says that while he's bullish. A little bit. TI TO entry point ESP two days 1411415. Meaning. If we're at 1515. Or 15100 right now. I'd rather wait for the market to go lower before I'd rather than buy it at higher prices. Investors also awaiting the ISM non manufacturing survey out at hand. Experts I have -- index should remain at 55 the services sector has been stuck around that level for the last six months. -- forced seller reading a 52 or below would mean consumers are cutting back on spending. And we have the first reported casualty of sequestration. Military contractor general dynamics warning over 8000 employees of indefinite layoffs. The cut -- uncertainty created by the automatic US budget cuts pink slips are expected to come in late April. We've got some toothache tech stocks to keep your eye on its face but back in the news again pretty evil IPO that's haunted Mark Zuckerberg and investors for the past ten months. A shareholder alleging that company's directors operatives. That they did not disclose weaker revenue trends. As more users access the website through mobile devices. The complaint goes on display information had been selectively shared with the company's IPO underwriters and investors. Sound familiar. Shares of space but how well over 27%. Since its 38 dollar debut. Well has too much power Google according to the Chinese ministry the irony palpable. China is technology ministry says Google has too much control over the company's Smartphone industry. -- -- android mobile operating system and has discriminated against some local arms. Perhaps there for being hacked. Bill Ackerman got to be aching in it Reuters exclusives and hedge fund manager of pershing square capital management. Ended February virtually flat. -- no iTunes Howard that's a decline has long -- flagging JC Penney and make sure that against a revitalized a life. The market got coming gallon. And in the debt world another big money guys bond -- and Jeffrey got a lot has reversed his one's better stance on government debt. Saying he is -- quote more long term treasuries in the last month that in the last four years. Another exclusives as the double on capitol CEO like the ten year treasury note for value. Not everyone jumping headfirst into stocks apparently. And finally anticipation. It would make you wait for 200 million dollars. William Johnson the chairman and CEO of Warren Buffett's favorite maker Heinz. Could walk away with a cool 200 million dollar package of cash pension and shares it -- leaves when the new owners take control. The exit package would be among the ten largest very USC you know according to a 2012 report. No word if Johnson a day ago. Since stocks to watch this morning. First another borders exclusive private equity firm KKR is closer to a deal to buy industrial machinery maker Gardner Denver and could announced agreement in the next few days. Shares of Gardner Denver which were down 1% on Monday before the news rose three point 6% in after hours trade. It may not be on the market yet -- keep an HD supply in yet another -- exclusive private equity owners are preparing to take HD supply public. Nearly six years after -- industrial distribution company out of Home Depot for eight point five billion. That's according caucus today you can follow us on Twitter at Reuters Insider and check out corporate videos at Reuters dot com slash writers TV. I'm Lisa Bernhard this is.

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U.S. Morning Call: Stocks poised for new highs

Tuesday, March 05, 2013 - 04:21