Not announced yet, but the sample ballot has an open space for the date, but the year 2012 is filled in. Could be an indication it will happen in the next few weeks.
United Tech CEO says Goodrich deal to close in July
12:11 pm ET 05/22/2012 - Reuters
May 22 (Reuters) - United Technologies Corp is confident that its pending $16.5 billion takeover of aircraft components maker Goodrich Corp will close in July, despite an ongoing European Union antitrust review of the deal.
"We have good confidence ... that we will close by mid- to late July," United Tech Chief Executive Louis Chenevert told an investor conference on Tuesday. "We have been working aggressively with the customers, with the agency for antitrust approval."
That expression of confidence comes after EU antitrust regulators earlier this month extended to Aug. 31 from Aug. 9 their deadline to decide whether to approve the deal.
"We have done the right things to wrap this deal up," Chenevert said.
Terranova sold the rest today. Here's his twitter comments:
"AAPL, my five month love affair has ended FLAT NOW!"
"AAPL close below 200 day moving average for the first time since June 24"
One thing it will do is take some shorts and puts off the table going into AAPL's earnings, considering how their GOOG brethren were dealt with this afternoon.
I think the big boys were pulling money out of tech and into financials to improve their Q2 results (there's more more potential Q2 profit in the last 2 days from BAC and C than from AAPL). Both areas may see a little upside tomorrow, but the true test comes Friday and Tuesday when they are setting up their game plans for Q3. If appletrader99 is right, we should see some upside in AAPL by early next week, unless everything sells off.
CNBC has not updated the futures for Friday's selloff. There isn't much change at this point. CNN Money has it correct:
No, they're actually slightly higher. CNBC occasionally neglects to update their futures boards after the Friday close, so they are still showing Friday's down day as part of the current fair value.
The CME website is correct:
That reflects Friday's down day. You won't a new futures quote until 6 pm Eastern time on Sunday.
Asians catching up with Europe and US action after their yesterday close. Bigger question is how Europe responds. Our follow-through will follow theirs. US futures are "mildly" negative at this point (S&P's down 3.77 right now).
Not a good way to go into the weekend.