U.S. equity index futures are mixed this morning. S&P 500 futures are unchanged.
Crude oil added $0.13 per barrel after OPEC raised its forecast for crude oil demand in 2010 to 900,000 barrels per day. ‘Tis the season for crude oil prices to move higher.
Allergan gained 2% after the company received FDA approval to market botox for additional health care purposes.
Chevron was downgraded Bank of America/Merrill from Buy to Neutral.
Pengrowth gained 1% after BMO Capital Markets upgraded the trust from Market Perform to Outperform
Intermune rose 15% after receiving an FDA panel approval of its lung disease drug.
Celestica was downgraded by Scotia Capital from Outperform to Sector Perform.
Brown Foreman is slightly higher after reporting better than consensus quarterly earnings.
Don Vialoux, chartered market technician, is the author of a free
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