Tuesday 11 October 2011

Morning Market Briefing

RTT News: Global Financial Newswires

Morning Market Briefing

Tuesday, October 11, 2011, 09:08

Contents

Commentary

Stocks May Give Back Ground Following Recent Strength - U.S. Commentary

After showing a notable move to the upside in recent sessions, stocks are likely to give back some ground in early trading on Tuesday. The major index futures are currently pointing to a lower open, with the Dow futures down by 69 points. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

Economic News

Japan Current Account Surplus Y407.5 Billion

Japan posted a current account surplus of 407.5 billion yen in August, the Ministry of Finance said on Tuesday, down an annual 64.3 percent. That was shy of expectations for a surplus of 453.6 billion yen and down from the 990.2 billion yen surplus in July. Analysts had expected a contraction of 63.6 percent following the 42.4 percent plunge in the previous month. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

UK Home Prices Unchanged; Housing Supply Falls: RICS

House prices in the U.K. remained unchanged in September, while housing supply fell back due to weak consumer confidence, a survey by the Royal Institution of Chartered Surveyors (RICS)showed Tuesday. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

U.K. Aug. Manufacturing Output Declines More Than Forecast

British manufacturing output declined more than expected in August, mirroring a downturn in the domestic and global economy amid concerns about Europe's sovereign debt problems. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

Indonesia Cuts Borrowing Costs Amid Global Concerns

Indonesia's central bank on Tuesday made a surprise interest rate cut to shield the economy from global economic woes, as inflationary pressures are expected to recede in the coming months. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

Trichet Calls For Coordinated, Swift Measures To Address Crisis

European Systemic Risk Board Chairman Jean-Claude Trichet on Tuesday urged national governments to take coordinated and swift measures to tackle the debt crisis. (Oct 11, 2011) Full ArticleForwardFacebookTwitterLinkedIn

Todays WS Events

Alcoa Q3 11 Earnings Conference Call At 5:00 PM ET

Alcoa Inc. (AA) will host a conference call at 5:00 PM ET on October 11, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.alcoa.com To hear the live call, dial 800-299-7635 (US) or 617-786-2901 (International) with passcode 26075106. A replay of the call can be heard by dialing 888-286-8010 (US) or 617-801-6888 (International) with passcode 37036147. (Oct 11, 2011) ForwardFacebookTwitterLinkedIn

Arris Group Investor Conference Call At 8:30 AM ET

ARRIS Group, Inc. (ARRS) will host a conference call at 8:03 AM ET, October 11, 2011, to discuss the acquisition of BigBand Networks. To access the live webcast, log on at www.arrisi.com To participate in the call, dial (888) 713-4209 or (617) 213-4863 (International) using access code is 75039679. A replay of the call by dialing (888) 286-8010 or (617) 801-6888 (International) using access code is 28210510. (Oct 11, 2011) ForwardFacebookTwitterLinkedIn

Fiserv Investor Conference At 9:00 AM ET

Fiserv Inc. (FISV) will present at the Annual Investor Conference in New York City. The event is scheduled to begin at 9:00 AM ET on October 11,2011. To access the webcast, log on at www.fiserv.com (Oct 11, 2011) ForwardFacebookTwitterLinkedIn

Paychex Meeting Of Stockholders At 10:00 AM ET

Paychex Inc. (PAYX) will hold its Annual Meeting of Stockholders in the Strong Museum, One Manhattan Square, Rochester, New York. The event is scheduled to begin at 10:00 AM ET, October 11, 2011. To access the live webcast, log on to http://investor.paychex.com (Oct 11, 2011) ForwardFacebookTwitterLinkedIn

Scripps Networks Interactive Analyst Day At 9:00 AM ET

Scripps Networks Interactive Inc. (SNI) will present its Analyst Day in New York City. The event is scheduled to begin at 9:00 AM ET on October 11, 2011. To access the live webcast, log on at www.scrippsnetworksinteractive.com To listen to the call, dial 800-230-1092 (US) or 612-288-0329 (International). For replay, dial 800-475-6701 (US) or 320-365-3844 (International) using access code is 215842. (Oct 11, 2011) ForwardFacebookTwitterLinkedIn


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