Apple (AAPL: 142.72 -1.13 -0.79%) halved its iPhone price to $99, and also slashed prices on products including notebook computers. A faster model iPhone was also introduced
McDonald’s (MCD: 59.08 +0.36 +0.61%) posted comparable sales numbers for May of 5.1%, which failed to equal April’s 6.9% advance
Goldman Sachs (GS: 149.31 +0.96 +0.65%) downgraded shares of Burlington Northern (BNI: 76.32 -0.57 -0.74%), and raised CSX (CSX: 35.27 +0.74 +2.14%)
Morgan Stanley (MS: 30.98 -0.41 -1.31%) downgraded shares of Nucor (NUE: 47.76 +1.00 +2.14%)
Google (GOOG: 435.62 -3.15 -0.72%) and eBay (EBAY: 17.71 +0.07 +0.40%) will present at the Credit Suisse (CS: 46.30 +1.21 +2.68%) convergence conference
Qualcomm (QCOM: 46.03 +0.66 +1.45%) will present at the UBS (UBS: 13.85 +0.11 +0.80%) Tech and Service conference at 12:45 PM ET
Procter & Gamble (PG: 52.41 -0.73 -1.37%) and Coca-Cola (KO: 49.09 -0.29 -0.59%) are due to present at the Deutsche Bank (DB: 65.71 -0.21 -0.32%) global consumer and Food Retail Group
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