Friday, 01 June 2007

U.S. Stock-Index Futures Advance; Dell Shares Jump in Europe as GM Gains

(Bloomberg) -- June 1 (Bloomberg) -- U.S. stock-index
futures advanced after Dell Inc.'s first-quarter profit and sales
beat analysts' estimates, reviving speculation that companies'
earnings will keep rising.

Shares of Dell, the world's second-largest personal-computer
maker, jumped in Europe. The company, which reported results
after the close of markets yesterday, also announced a 10 percent
cut of its workforce. General Motors Corp., the nation's largest
automaker, increased before releasing April vehicle sales.


Read more at Bloomberg Stocks News

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