Financial Breakfast: Morning News Summary for March 1, 2012

Benzinga's Top News

• Roche's RHHBY Ventana Receives FDA Approval of INFORM HER2 Dual ISH Assay on the BenchMark ULTRA
• Limited Brands LTD February Comparable Store Sales up 8%.
• Toronto-Dominion Bank TD Reports Q4 EPS $1.86 vs $1.73 Est; Revenues $5.64B vs $5.64B Est
• Nash-Finch NAFC Reports Q4 EPS $0.97 vs $0.82 Est; Revenues $1.14B vs $1.11B Est

Domestic Pre-Market Trading

• U.S. Equity Markets trade higher as Dow futures trade up about 38 points.
• U.S. Dollar trades about 0.02% lower.

Overseas Trading

• European markets are higher in afternoon trading. Britain's FTSE 100 added 0.64%, Germany's DAX advanced 0.69% and France's CAC 40 advanced 0.74% on the session.
• Asian stocks ended the session lower. China's Shanghai lost 0.04%, Japan's Nikkei 225 slid 0.16%, and Hong Kong's Hang Seng fell 1.35%.

Upgrades/Downgrades

• Sterne Agee Upgrades Denbury Resources DNR to Neutral
• Deutsche Bank Upgrades LHC Group LHC to Buy

• JP Morgan Downgrades Spreadtrum Communications SPRD from Overweight to Neutral, Lowers PT from $30 to $15
• Morgan Stanley Downgrades ADTRAN ADTN to Equal-Weight

On the Economic Calendar

• Personal Income, Personal Spending, Initial & Continuing Jobless Claims are set to report at 8:30 a.m. ET
• ISM Manufacturing and Construction Spending is due at 10:00 a.m.

Earnings

• Toronto-Dominion Bank TD Reports Q4 EPS $1.86 vs $1.73 Est; Revenues $5.64B vs $5.64B Est
• Nash-Finch NAFC Reports Q4 EPS $0.97 vs $0.82 Est; Revenues $1.14B vs $1.11B Est

Corporate News

• Roche's RHHBY Ventana Receives FDA Approval of INFORM HER2 Dual ISH Assay on the BenchMark ULTRA
• Limited Brands LTD February Comparable Store Sales up 8%.

Commodities

• Precious metals are trading higher, with gold posting early gains of about 0.19%
• Energy futures are trading higher, with crude oil posting early gains of about 0.18%
• Natural Gas futures are lower by about 2.83% and copper is trading higher by about 0.28%

Benzinga's Morning Radar

Technical Levels for Futures and Forex

Name	Resistance-2	Resistance-1	Mid Pivot	Support-1	Support-2
E-Mini S&P 500	1386	1374	1365	1353	1345
Gold	1830	1764	1726	1660	1622
Crude	108.98	107.95	106.39	105.36	103.80
Natural Gas	2.68	2.63	2.57	2.52	2.45
EUR/USD	1.3537	1.3430	1.3372	1.3265	1.3207
US Dollar Index	79.44	79.15	78.63	78.34	77.82

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