U.S. Stock Futures Gain on German Confidence
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a one-month high, after German investor confidence climbed and traders awaited news on federal budget talks as lawmakers return to Washington.
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Exchange Income CEO Fights Back Against Short Seller
14:47 - Exchange Income released its second-quarter results three weeks in advance in order to dispel some of the negative sentiment after short-seller Marc Cohodes targets the company. Double-digit earnings and revenue growth, however, weren’t enough to soothe investors. CEO Mike Pyle joins Bloomberg TV Canada's Lily Jamali to defend his company from short sellers' claims. (Source: Bloomberg)