Monday, 23 July 2007

U.S. Stock-Index Futures Gain; Schering-Plough, Tellabs Advance in Europe

(Bloomberg) -- U.S. stock-index futures gained after
drugmaker Schering-Plough Corp. and Halliburton Co., the world's
second-largest oilfield contractor, reported earnings that beat
analysts' estimates.

Shares of Schering-Plough and Halliburton rose in Europe.
Tellabs Inc. surged after Thestreet.com said Nokia Siemens
Networks may bid for the maker of equipment for phone and
Internet systems. GlobalSantaFe Corp. and Transocean Inc., the
world's two biggest offshore oil and gas drillers, jumped after
they agreed to merge.


Read more at Bloomberg Stocks News

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