Friday, May 4, 2007

Morning Market Comment

Ahead of employment data... it's looking like a long and strong type of morning.

The Yahoo (YHOO see post/link below) takeover talk; the report that Reuters (RTRSY) has a suitor of some sort Reuters says gets bid approach, shares leap 20 pct; the big post earnings rally our of Crocs (CROX) Crocs shares surge on results; decent earnings from Starbucks (SBUX) 560 new stores give lift to Starbucks' profit; even a life line for Novastar (NFI) Novastar Says Wachovia Provides $1.9 Bln in Credit has boosted sentiment this morning.

More following the employment data at 8:30 ET.

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