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Thursday, June 16, 2005

Pre-market Information

Futures:
NDX: 1532.45 (+0.19%)
INDU: 10567.80 (+0.01%)

USD/EUR: 1.2124

Stocks seen up; Pfizer, Boeing in focus
MSN Money
Reuters
June 16, 2005 07:25 AM ET
NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Thursday, with a focus on drugmaker Pfizer after a planned acquisition and aircraft maker Boeing after it announced a slew of plane orders.

Oil prices continued to hang over the market, as prices stayed above $55 a barrel.

Dow component Pfizer Inc. , the world's biggest drugmaker, on Thursday agreed to buy Vicuron Pharmaceuticals Inc. for $1.9 billion in cash.

Shares of Morgan Stanley could be on investors' radars after The Wall Street Journal reported that dissident shareholders are considering waging a proxy battle against individual board members as they come up for election at next year's annual meeting.
Read further:
MSN Money (Reuters): tocks seen up; Pfizer, Boeing in focus