Monday, July 2, 2007

U.S. Stock-Index Futures Advance; Apple Gains in Europe on IPhone Sales

(Bloomberg) -- U.S. stock-index futures rose before
a report that may show manufacturing growth in June stayed close
to the highest in 13 months.

Apple Inc. shares gained in Europe after first figures
indicated the company's initial iPhone sales met analysts' top
estimates. Costco Wholesale Corp., the largest U.S. warehouse
club, may climb after Goldman, Sachs & Co. recommended buying
the shares. Kraft Foods Inc. dropped after a report that it may
be in discussions with Groupe Danone over the purchase of the
French company's biscuit and cereal products division.


Read more at Bloomberg Stocks News

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