Morning Rage 6.26.2012

European shares are up and down, fighting worries surrounding the Eurozone, with most indexes
currently within .25% of where they began. The FTSEurofirst 300 is currently down .05% after being
up as much as 3.98%, being drug down by auto stocks. In the UK May budget deficits Jumped to 17.9B
Pounds from 15.2B a year ago.

Amazon will be launching its second generation of the Kindle fire July 31, this new version will have a
camera among other new features.

Morgan Stanley’s shares are hit in pre-trade, down 2%, after being downgraded to neutral from buy by
Goldman Sachs, while upgrading JPMorgan to that buy spot increasing their shares 1.6%.

Anheuser-Busch is a company to keep an eye on as they try to acquire Corona maker Grupo Modelo.
Corona is the 5th largest selling beer in the world and would increase Anheuser-Busch’s share of the US
beer market to 52%.

Commodities are looking up today, for once they agree gold, silver, natural gas, and crude are all in the
green.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
Comments can be directed to ryghcw19@uww.edu