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PreMarket Buzz
http://trade-equity.blogspot.com/ 2008/ 05/ premarket-buzz.html
Clearwire and Sprint are doing a $12B joint venture and Sprint is set to open 7% higher. With 15 minutes to market open, oil is down .15, and the S&P Futures is down 1.5, DOW Futures are down 2. Polycom(PLCM) announced a $300M share repurchase program this morning. Transocean(RIG) and Owens Corning(OC) beat earnings estimates today Keep an eye on the following announcements today: Pending Home Sales(10 am EST) Crude oil inventories(10:30 am EST) Consumer Credit(3pm EST)
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