Wednesday, July 15, 2009

Managers in wait-and-see mode in July - survey

Date: Wednesday, July 15, 2009

Managers in wait-and-see mode in July - survey

Fund managers were more positive on economic growth in July but less
positive on equities as risk appetite was kept on a tight leash,
according to Merrill Lynch's monthly survey.

UPDATES, ADVISORIES AND SURPRISES

A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS

Stocks making significant moves in Wednesday's trading include Altera,
Intel, Janus, and Yum Brands.

TECHNOLOGY SHARES LEAD SHARP ADVANCE IN EUROPE

European shares climb for a third session with technology stocks
notably higher as adjusted results from Intel add to positive
sentiment about the current earnings season.

TECHNOLOGY SHARES PACE GAINS IN ASIA

Asian share markets extend gains, as technology stocks such as Samsung
get a lift from Intel's optimistic earnings outlook.

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