futures finished the
session up 2, about 8 points over fair value, indicating a strong open.
European bourses were trading higher at midday.
Asian markets closed up, as Japan's
picked up 68.05 to close at 14,450.06, while Hong Kong's
gained 209.83 to 9,719.66.
, governor of China's central bank, pledged not to devalue the yuan, saying that a devaluation harm foreign investors, China and Asian financial markets in general.
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earnings dropped 27% for the fourth quarter of 1998, but matched analysts' estimates of 24 cents a share.
is sending its unprofitable
out to pasture after 50 years of production.
will acquire biotech company
, maker of $300 million protease inhibitor
sees a possible trend in the deal.
posted fourth-quarter earnings of 59 cents a share, a penny above Wall Street estimates. Including one-time charges, the company lost 1 cent a share.
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posted fourth-quarter earnings of 43 cents a share, easily surpassing estimates of analysts surveyed by
beat estimates for fourth-quarter earnings and announced a 3-for-1 stock split, while
posted a loss of 14 cents a share for the quarter, four cents under analyst's estimates.
reported on the news from
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said its third-quarter profit dropped 26%, partially blaming the strong yen for weak international sales.
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The death toll from Monday's earthquake in western Colombia has reached 700.
After being welcomed to America by
yesterday in St. Louis,
Pope John Paul II
delivered a speech comparing abortion and euthanasia to the horrors of slavery.
have waived point guard
Number of times the term "megafailure" or "mega-failure" appears in a
news search for 1998: 5.
Number of those relating to finance: 5.