Morning Coffee Pre-Market Wall Street News214 views 2012-12-27 07:14 Tags: part background company invest
Ford to Invest in Michigan. Ford Motor Co. (F) said it will invest more than $773 million in Michigan to update and expand its six manufacturing plants. The upgrades and expansions are part of the company’s plan to invest $6.2 billion in U.S. facilities through the end of 2015. Ford said the investment will create 2,350 new jobs. Pre-market: 12.75 -0.04 (-0.31%)
Home Prices Post Gain. The Case-Shiller data through the end of October showed home prices up 6.9% since January of last year. If the gains hold through the end of the year it will be the best results since 2005.
Marvell Tech (MRVL): JMP Securities lowered their rating from Outperform to Market Perform. Pre-market: 7.19 -0.21 (-2.84%)
Futures at 7:00: Dow . S&P . Nasdaq . Crude to $1656.40.
Europe: London . Paris . Frankfurt .
Asia: Japan to
10323. Hong Kong to
22506. China to 2206. India at 19324.