A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning, after euro zone finance ministers postponed a decision on a Greek bailout package. Futures on the Dow Jones Industrial Average dipped 52 points to 11,886.00 and futures on the S&P 500 stock index fell 5.60 points to 1,260.40. Nasdaq 100 futures dropped 8.00 points to 2,182.25. A Peek Into Global Markets Most Asian markets ended lower, with Japan's Nikkei Stock Average rising 0.03%, Australia's S&P/ASX 200 moving down 0.85% and China's Shanghai Composite dropping 0.76%. Hong Kong's Hang Seng Index fell 0.44% and India's Sensex dipped 1.95%. European markets were lower today. The STOXX Europe 600 Index has dropped 0.81%, London's FTSE 100 Index moved down 0.78%, German DAX 30 index fell 1.09% and France CAC 40 index declined 1.20%. Broker Recommendation Analysts at Robert W. Baird downgraded Almost Family Inc AFAM from “neutral” to “underperform.” The target price for Almost Family has been lowered from $32 to $21. Almost Family shares dropped 2.89% to close at $27.77 on Friday. Breaking news

• Boeing BA and Qatar Airways today announced an order for six Boeing 777-300ERs (Extended Range) airplanes at the international 2011 Paris Air Show. The order is valued at $ 1.7 billion at list prices. To read the full news, click here.
• Jubilant Biosys Ltd., Bengaluru based subsidiary of Jubilant Life Sciences Ltd., and Endo Pharmaceuticals ENDP, of Chadds Ford, Pa, U.S.A., announced today that they have achieved a late stage discovery milestone in their joint program focused on cancer. To read the full news, click here.
• PNC Financial Services Group Inc PNC announced its plans to acquire RBC Bank (USA), the US retail banking subsidiary of Royal Bank of Canada RY, for $3.45 billion, or $112 million discount to tangible book value. To read the full news, click here.
• Chesapeake Lodging Trust CHSP announced today that it has acquired the 210-room Hotel Indigo San Diego Gaslamp Quarter located in San Diego, California for a purchase price of $55.5 million, or approximately $264,000 per key, from InterContinental Hotels Group IHG. To read the full news, click here.