NEW YORK (Reuters) – Stock index futures were little changed on Wednesday as investors weighed debt woes Ireland and digested final terms of GM's initial public offering.Concerns that further bailouts may be needed in Europe and the prospect of China raising rates to rein in inflation sank equities in a broad selloff in Tuesday's session.On Wednesday, Ireland said it would work with a European Union-International Monetary Fund mission on steps to help its struggling banking sector, a process that could lead to a bailout despite Dublin's reluctance."Ireland's lack of movement so far has created turmoil throughout the world because it places the global economic recovery in jeopardy," said Robert Pavlik, chief market strategist at Banyan Partners LLC in New York."Things are still on a tenuous footing, but since they are engaging with authorities to tackle the problem, that's helping some."In Asia, the Chinese State Council said Beijing will take forceful measures to stabilize consumer prices. The news pressured commodities, sending crude oil down 0.6 percent.General Motors Co (GM.UL) set the terms for a landmark IPO that could be the largest in U.S. history and raise up to $22.7 billion.If GM has success, it could bode well for Chrysler's own planned offering, Fiat SpA (FIA.MI) Chief Executive Sergio Marchionne said late Tuesday."Any strong IPO is going to help the overall market, but there are a lot of company-specific issues here so I don't think it will lift the market much going forward," Pavlik said. "GM isn't going to be the next Google or Apple."S&P 500 futures rose 3.2 points and were about even with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 6 points and Nasdaq 100 futures rose 5.75 points.A U.S. Food and Drug Administration advisory panel approved a Human Genome Sciences Inc (HGSI.O) drug to treat lupus. Its shares gained 1.8 percent to $26.35 in premarket trading, while U.S.-listed shares of GlaxoSmithKline Plc (GSK.L)(GSK.N) rose 2.2 percent to $39.38. GlaxoSmithKline will split the drug's profits.Retailer Target Corp (TGT.N) posted a better-than-expected quarterly profit and forecast that same-store sales would be the best in three years. Its shares were up 1.8 percent to $54.50 premarket.Applied Materials Inc (AMAT.O), Limited Brands Inc (LTD.N) and NetApp Inc (NTAP.O) are also on tap to report later Wednesday.On the macroeconomic front, October consumer prices are on tap, along with housing starts. Consumer prices are seen rising 1.3 percent, while 600,000 housing starts are expected, slightly below the previous month.The Federal Deposit Insurance Corp is conducting about 50 criminal investigations of U.S. banks that have failed since the start of the financial crisis, the Wall Street Journal reported.Late Tuesday, the CEO of Bank of America Corp (BAC.N) said a quick settlement of the 50-state probe of mortgage foreclosures would be best for all involved.(Editing by Jeffrey Benkoe)Jailhouse (12 inch TROT9780) albums.Red Moon Slide (Cornflake) mp3 albums downloads.Funky Tramp mp3.Crash Test download mp3 albums.I Like it music downloads
Stock futures flat as Europe concerns linger, GM IPO set
NEW YORK (Reuters) – Stock index futures were little changed on Wednesday as investors weighed debt woes Ireland and digested final terms of GM's initial public offering.Concerns that further bailouts may be needed in Europe and the prospect of China raising rates to rein in inflation sank equities in a broad selloff in Tuesday's session.On Wednesday, Ireland said it would work with a European Union-International Monetary Fund mission on steps to help its struggling banking sector, a process that could lead to a bailout despite Dublin's reluctance."Ireland's lack of movement so far has created turmoil throughout the world because it places the global economic recovery in jeopardy," said Robert Pavlik, chief market strategist at Banyan Partners LLC in New York."Things are still on a tenuous footing, but since they are engaging with authorities to tackle the problem, that's helping some."In Asia, the Chinese State Council said Beijing will take forceful measures to stabilize consumer prices. The news pressured commodities, sending crude oil down 0.6 percent.General Motors Co (GM.UL) set the terms for a landmark IPO that could be the largest in U.S. history and raise up to $22.7 billion.If GM has success, it could bode well for Chrysler's own planned offering, Fiat SpA (FIA.MI) Chief Executive Sergio Marchionne said late Tuesday."Any strong IPO is going to help the overall market, but there are a lot of company-specific issues here so I don't think it will lift the market much going forward," Pavlik said. "GM isn't going to be the next Google or Apple."S&P 500 futures rose 3.2 points and were about even with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 6 points and Nasdaq 100 futures rose 5.75 points.A U.S. Food and Drug Administration advisory panel approved a Human Genome Sciences Inc (HGSI.O) drug to treat lupus. Its shares gained 1.8 percent to $26.35 in premarket trading, while U.S.-listed shares of GlaxoSmithKline Plc (GSK.L)(GSK.N) rose 2.2 percent to $39.38. GlaxoSmithKline will split the drug's profits.Retailer Target Corp (TGT.N) posted a better-than-expected quarterly profit and forecast that same-store sales would be the best in three years. Its shares were up 1.8 percent to $54.50 premarket.Applied Materials Inc (AMAT.O), Limited Brands Inc (LTD.N) and NetApp Inc (NTAP.O) are also on tap to report later Wednesday.On the macroeconomic front, October consumer prices are on tap, along with housing starts. Consumer prices are seen rising 1.3 percent, while 600,000 housing starts are expected, slightly below the previous month.The Federal Deposit Insurance Corp is conducting about 50 criminal investigations of U.S. banks that have failed since the start of the financial crisis, the Wall Street Journal reported.Late Tuesday, the CEO of Bank of America Corp (BAC.N) said a quick settlement of the 50-state probe of mortgage foreclosures would be best for all involved.(Editing by Jeffrey Benkoe)Jailhouse (12 inch TROT9780) albums.Red Moon Slide (Cornflake) mp3 albums downloads.Funky Tramp mp3.Crash Test download mp3 albums.I Like it music downloads