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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). 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; [email protected]

Stock News for Total Systems (TSS)
01/11/201710:56:10Statement of Changes in Beneficial Ownership (4)
01/09/201708:22:48Statement of Changes in Beneficial Ownership (4)
12/29/201609:00:00TSYS to Broadcast Fourth-Quarter 2016 Results
12/21/201615:25:59Statement of Changes in Beneficial Ownership (4)
12/21/201614:41:43Statement of Changes in Beneficial Ownership (4)
12/21/201614:15:29Statement of Changes in Beneficial Ownership (4)
12/21/201611:46:38Amended Statement of Changes in Beneficial Ownership (4/a)
12/21/201610:34:51Statement of Changes in Beneficial Ownership (4)
12/21/201609:20:41Statement of Changes in Beneficial Ownership (4)
12/16/201614:19:18Statement of Changes in Beneficial Ownership (4)
12/15/201622:31:00TSYS annonce une transition au niveau exécutif
12/15/201619:03:00TSYS kündigt Wechsel auf der Führungsebene an
12/15/201609:30:59Current Report Filing (8-k)
12/15/201609:15:00TSYS Announces Executive Transition
12/06/201616:39:00TSYS erneuert Zahlungsabkommen mit der Advanzia Bank
12/06/201616:39:00TSYS renouvelle son accord de paiement avec Advanzia Bank
12/06/201604:00:00TSYS Renews Payments Agreement with Advanzia Bank
12/02/201609:00:00TSYS Announces Fourth-Quarter 2016 Dividend
11/30/201617:26:00TSYS unterzeichnet Vereinbarung mit Virgin Money über Zahlungsabwicklung
11/30/201611:55:00TSYS signe un accord de paiements avec Virgin Money

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