StreetInsider.com's News You Should Know:
1. Aetna (AET) Guides '09 EPS Lower, Citing Higher Costs and Lower Revenue
Aetna (NYSE: AET) is revising its 2009 operating earnings per share guidance from a range of $3.85 to $3.95 to a range of $3.55 to $3.70. The consensus is $3.80. CONTINUE READING>>>>
2. April Pending Home Sales Data Is Another 'Green Shoot' For Housing Recovery
The market continues to defy logic and trade higher as investors take comfort in the latest Pending Home Sales data which showed the biggest rise in more than 7 years. CONTINUE READING>>>>
3. China's Tengzhong Confirms It Is the Suitor For GM's HUMMER
China's Tengzhong and General Motors (NYSE: GM) (OTC: GMGMQ ) confirmed the major industrial machinery group is in advanced talks to purcahse the HUMMER brand, along with a senior management and operational team. CONTINUE READING>>>>
4. Richard Branson Says It's Unlikely That All The Big U.S. Airlines Will Survive (UAL, DAL, AMR)
Successful British entrepreneur, Richard Branson, founder and president of Virgin Atlantic Airways , told Reuters today he feels it's unlikely that all the big U.S. airlines will survive the next 12 to 18 months. CONTINUE READING>>>>
5. Pepsi (PEP) Rises as Analyst Sees 'One of the Best Buying Opportunities in the Last 7 Years'
Shares of PepsiCo (NYSE: PEP) are feeling a boost today on the back of some positive comments from an analyst at UBS . The stock most recently traded at $55.49, up 4.4% from yesterday's closing price. CONTINUE READING>>>>
6. Trading Radar for 6/3: Toll (TOL), Mechel (MTL), Joy Global (JOYG), Williams-Sonoma (WSM), Shanda (SNDA), ADC (ADCT), Copart (CPRT) Report; ADP Employment, Factory Orders, Crude Inventories Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session : CONTINUE READING>>>>
7. Auto Sales Continue to Improve in May
Automakers released their monthly sales numbers today, giving a slight boost in sector sentiment amid the historic GM (NYSE: GM) (OTC: GMGMQ ) bankruptcy. For the most part, the major automaker's reported slightly better-than-expected May sales results. CONTINUE READING>>>>
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