Wednesday, May 9, 2007

U.S. Stock-Index Futures Drop Before Fed Decision; Cisco, Disney Decline

(Bloomberg) -- U.S. stock-index futures fell after forecasts from Cisco Systems Inc. and Walt Disney Co. spurred concern that profit growth may stall amid a slowdown in the world's largest economy.

Cisco, the biggest maker of computer-networking equipment, fell after its sales outlook missed analysts' estimates for the first time in a year. Disney declined after the second-largest U.S. media company told investors it may struggle to generate revenue growth.


Read more at Bloomberg Stocks News

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