Wednesday, June 27, 2007

U.S. Stock-Index Futures Retreat; ConocoPhillips, General Electric Decline

(Bloomberg) -- U.S. stock-index futures fell after
energy producers retreated on a drop in the price of oil and a
government report said orders for durable goods declined more
than forecast.

ConocoPhillips, the third-largest U.S. oil company,
slipped after it said it will record a charge of $4.5 billion
to write off its Venezuela projects. General Electric Co., the
second biggest company by market value, also dropped.


Read more at Bloomberg Stocks News

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