From: Ike Groff <MI > Subject: early tour 6.21.11 Date: Tue, 21 Jun 2011 10:26:57 +0000 Good Morning ... European Markets up 55-100 bps ... Nikkei Closed +1.13% (China +0.96%) EUR 1.4333 (+0.20%) JPY 80.18 (+0.09%) Corn +1.59% Wheat +1.15% Copper +0.34% 10yr 2.96% Futures: Dow +46, Nasdaq +8, S&P +6 DXY 74.87 (-12c) Crude $94.10 (+84c) Gold $1545.20 (+$3.20) ***Existing Home Sales @ 10am, Greece confidence vote tonight - 5pm est*** ***CCL, WAG, BKS report pre-open / ADBE & JBL l's after close*** ***Jefferies Consumer Conf. (Nantucket) & RBC Metals Mining Conf. (Toronto)*** Foster's rejects unsolicited $10B bid from SABMiller (SAB to engage board) (FGL AU closed +13.5%) WellPoint reaffirms full year eps of at least $6.70 (street = $7.06) ahead of Wells Fargo HC conference Paulson liquidates Sino-Forest holdings (TRE CN), Pentwater reports 9.3% stake in Harbin Electric (HRBN) Renren (RENN) reports a narrower Q1 loss on relief from warrant write-downs last year & sales +47% Astrazeneca is close to selling Astra Tech to Dentsply International (XRAY) for about $1.8 billion Susquehanna Bancshares (SUSQ) acquires Tower Bancorp (TOBC) for $243 million (37.5% premium) Stanford University CIO Ken Frier leaves after less than one year on the job (-$14 billion endowment) Gartner cuts its 2011 global semiconductor revenue growth forecast to 5.1% versus previous 6.2% German ZEW investor confidence falls for a fourth month in June on debt concern (lowest since Jan 2009) U.K. budget deficit narrows to £17.4B in May as revenue growth from taxes outpaces government spending Russian unemployment rate plunges in May to the lowest level since 2008 (6.4% versus estimate 7.0%) Spain sells E3 billion of three-month & six-month bills (average yield 1.568% & 1.776% respectively) Greece sells 01.625 billion of 13-week treasury bills with average yield 4.62% (bid-to-cover = 2.94) Hong Kong inflation quickens to 34-month high on food & rent costs (CP