Wednesday, 27 June 2007

U.S. Stock-Index Futures Rise; Oracle and Nike Shares Advance in Europe

(Bloomberg) -- U.S. stock-index futures rose on
speculation earnings will keep growing after Oracle Corp.
forecast higher sales than analysts estimated and Nike Inc. said
orders increased the most in a decade.

Oracle gained in Europe. The world's third-largest software
maker said sales may rise as much as 21 percent in the fiscal
first quarter. Nike, the world's biggest athletic-shoe maker,
also advanced. ConocoPhillips slid after the No. 3 U.S. oil
company said it will record a charge of $4.5 billion.


Read more at Bloomberg Stocks News

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