Stocks in focus for Thursday

Date: Thursday, June 4, 2009

Stocks in focus for Thursday

Among the companies whose shares are expected to see active trade in
Thursday's session are Ciena, Guess and Cooper.

EUROPE SHARES CHOPPY, OIL PRODUCERS OFFSET MINERS

European shares edged higher in a choppy session on Thursday, as gains
for oil producers offset losses from mineral extractors, with
uncertainty about the economic backdrop persisting.

COMMODITY STOCKS DRAG ON ASIAN MARKETS

Most Asian equity markets stage a retreat Thursday, with resource stocks
leading the fall after an overnight pullback in commodity prices.

ECB, BANK OF ENGLAND LEAVE RATES UNCHANGED

The European Central Bank will begin purchases of covered bonds next
month, ECB President Jean-Claude Trichet said Thursday, embarking on
an unconventional and controversial round of monetary policy making in
an effort to boost credit flow within the 16-nation euro zone.

DOLLAR SLIPS VS. EURO AFTER ROSY ECB FORECAST

The dollar edges down against the euro, gains on the pound after
European andU.K. central banks meet.