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U.S. stock futures are down as the financial fallout of the earthquake in Japan becomes more apparent.Companies in the nuclear industry such as GE are trading lower in the pre-market in the wake of the nuclear disaster. Uranium producers like Denison and Uranium Energy are also down this morning.
On the other side of the trade, Renewable energy companies are seeing gains in the pre-market this morning.
The other big news this morning is Berkshire Hathaway’s acquisition of Lubrizol.
Here is a roundup of earnings news:
- Gulfport Energy beat earnings expectations
- Family Dollar raised its second-quarter earnings estimate
- Dole Foods will be reporting its results later today
STRATEGY LAYOUT: Hewlett-Packard chief Leo Apotheker is expected to reveal his plan for the company today.
RESTRUCTURING PLAN: Borders hopes to exit bankruptcy by September with plans to close 200 superstores.
RAISED FORECAST: Family Dollar raised its second-quarter earnings forecast to $0.97-$0.98 up from $0.92-$0.97.
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