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U.S. stock market report
0708 EST 9Feb2010
Morgan Stanley buys 13 mln barrels of jet fuel
Wall Street bank Morgan Stanley has purchased 13 million barrels of jet fuel via supply deals from North Asian refiners for 2010 and more than doubled its fuel storage capacity in Asia, traders said on Tuesday.
Morgan was expected to move most of the fuel from these deals into the United States which is a key supply outlet for the U.S. bank, traders said.
It was not clear at what price the deals with South Korea's S-Oil Corp and Hyundai Oilbank were concluded, traders said.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0703 EST 9Feb2010
Crude oil edges higher on weaker dollar
Oil rose above $72 a barrel on Tuesday due to a weaker U.S. dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.
The U.S. dollar fell from a recent 8-1/2 month high against the euro, on market speculation that a bailout would soon be organised for struggling Greece.
For details, see
March crude futures were up 0.6 percent to $72.32 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0700 EST 9Feb2010
Economic indicators for Feb 9
Economic indicators on tap for Tuesday include December wholesale inventory and sales data and the IBD economic optimism number for February.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0656 EST 9Feb2010
Earnings diary for Feb 9
Companies scheduled to report quarterly results on Tuesday include: Walt Disney Co, Biogen Idec Inc, Coca-Cola Co and Coventry Health Care Inc, among others.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Real-time equity news
U.S. stock market report
0708 EST 9Feb2010
Morgan Stanley buys 13 mln barrels of jet fuel
Wall Street bank Morgan Stanley has purchased 13 million barrels of jet fuel via supply deals from North Asian refiners for 2010 and more than doubled its fuel storage capacity in Asia, traders said on Tuesday.
Morgan was expected to move most of the fuel from these deals into the United States which is a key supply outlet for the U.S. bank, traders said.
It was not clear at what price the deals with South Korea's S-Oil Corp and Hyundai Oilbank were concluded, traders said.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0703 EST 9Feb2010
Crude oil edges higher on weaker dollar
Oil rose above $72 a barrel on Tuesday due to a weaker U.S. dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.
The U.S. dollar fell from a recent 8-1/2 month high against the euro, on market speculation that a bailout would soon be organised for struggling Greece.
For details, see
March crude futures were up 0.6 percent to $72.32 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0700 EST 9Feb2010
Economic indicators for Feb 9
Economic indicators on tap for Tuesday include December wholesale inventory and sales data and the IBD economic optimism number for February.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0656 EST 9Feb2010
Earnings diary for Feb 9
Companies scheduled to report quarterly results on Tuesday include: Walt Disney Co, Biogen Idec Inc, Coca-Cola Co and Coventry Health Care Inc, among others.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.