Friday, May 4, 2007

U.S. Stock-Index Futures Gain; Yahoo, Starbucks, Kodak Advance in Europe

(Bloomberg) -- U.S. stock-index futures rose on takeover speculation after the New York Post reported that Microsoft Corp. asked Yahoo! Inc. to enter formal negotiations over a possible acquisition.

Shares of Yahoo, owner of the most-visited U.S. Web site, climbed in Europe following the Post report, which cited unidentified banking sources. Microsoft, the world's biggest software maker, slid.


Read more at Bloomberg Stocks News

No comments: