Wednesday, June 6, 2007

U.S. Stock Futures Retreat on Inflation Concern; Borders, Panera Decline

(Bloomberg) -- U.S. stock-index futures fell after
another Federal Reserve policy maker said inflation is too high.

Borders Group Inc., the second-largest U.S. bookseller,
dropped after Goldman, Sachs & Co. told clients to sell the
shares because of reduced chances of a takeover. Panera Bread Co.
declined after the bakery chain cut its forecast for second-
quarter profit and sales due to higher fuel costs.


Read more at Bloomberg Stocks News

No comments: