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US Stock Futures Higher On Optimism Ahead Of EU Summit

By Nick Godt U.S. stock futures pointed to a higher open Wednesday, lifted by hopes that a much-awaited summit of European leaders will present a convincing plan to handle the euro zone's debt crisis. Futures on the Dow Jones Industrial Average rose 57 points to 11,719 and those on the Standard & Poor's 500 stock index advanced 6.4 points to 1,231. Nasdaq 100 futures gained 11 points to 2,332.70. Stocks fell sharply on Tuesday, with the DJIA falling 1.7% and the S&P 500 losing 2%. U.S. data and earnings disappointed investors while markets remained shaky given uncertainty over the European Union's plans. German Chancellor Angela Merkel spoke to parliament in Berlin Wednesday ahead of a vote on boosting the firepower of the 440 billion euro ($612 billion) euro-zone rescue fund known as the European Financial Stability Facility. The German parliament is expected to back Merkel in the vote and give her a mandate to negotiate a package of measures to tackle the debt crisis at a summit of euro-zone leaders in Brussels later Wednesday. At the summit, leaders are expected to announce details on recapitalizing European banks, addressing Greece's debt burden and boosting the EFSF's firepower. "There really isn't an expectation for a 'solution' versus a 'plan'," said Marc Pado, strategist at Cantor Fitzgerald, in a note. "A plan will provide the framework going forward." In U.S. economic news, data on September durable-goods orders are out at 8:30 a.m. EDT. New-home-sales data for September are due at 10 a.m. EDT. Investors have grown hopeful for the housing market in recent days after a number of Federal Reserve officials said the central bank could do more to support it. Highlights in U.S. earnings include results from Boeing Co. (BA), Ford Motor Co. (F) and Sprint Nextel Corp. (S). Amazon.com Inc. (AMZN) shares fell 11% in preopen trading after the online retailer posted results that fell short of market estimates Tuesday after the close. U.S.-listed shares of Nokia Corp. (NOK) climbed 2.1% in preopen trade after the firm unveiled inaugural devices that will run on Microsoft Corp.'s (MSFT) Windows Phone operating system. -By Nick Godt; 415-439-6400; AskNewswires@dowjones.com

Stock News for Total Systems (TSS)
DateTimeHeadline
07/26/201616:18:24Current Report Filing (8-k)
07/26/201616:15:00TSYS Reports Second Quarter Earnings Including TransFirst
07/13/201617:22:30Statement of Changes in Beneficial Ownership (4)
07/13/201617:18:38Statement of Changes in Beneficial Ownership (4)
07/13/201604:00:00TSYS Renews Payments Agreement with Lloyds Banking Group
07/13/201604:00:00TSYS erneuert Zahlungsabkommen mit Lloyds Banking Group
07/13/201604:00:00TSYS renouvelle son accord de paiements avec Lloyds Banking Group
06/30/201609:00:00TSYS to Broadcast Second-Quarter 2016 Results
06/28/201612:30:00TSYS Named to The Civic 50 in 2016
06/23/201610:07:00DealerSocket integrates with ProPay to expand Independent dealers...
06/21/201609:00:00TSYS and Equinox Launch Semi-integrated EMV® Solution for Lodging
06/17/201610:01:01Statement of Changes in Beneficial Ownership (4)
06/14/201610:06:00TSYS erwirbt verbleibende 45 Prozent Beteiligung an TSYS Managed...
06/13/201604:00:00TSYS Acquires Remaining 45-percent Ownership Stake in TSYS Managed...
06/13/201604:00:00TSYS acquiert la participation résiduelle de 45 % dans la joint-venture T...
06/07/201616:15:00TSYS Announces Second-Quarter 2016 Dividend
05/26/201615:06:34Statement of Changes in Beneficial Ownership (4)
05/26/201608:41:58Statement of Changes in Beneficial Ownership (4)
05/23/201609:00:00TSYS Introduces New Innovative Virtual Payment Solution
05/20/201614:40:45Statement of Changes in Beneficial Ownership (4)

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