U.S. Stock-Index Futures Drop; Bed Bath & Beyond, Novellus Shares Decline

(Bloomberg) -- U.S. stock-index futures fell after
profit forecasts from Bed Bath & Beyond Inc. and Novellus
Systems Inc. missed some analysts' estimates.

Bed Bath & Beyond, the largest U.S. home-furnishings
retailer, dropped after it said earnings may decline because of
the slump in housing. Novellus led shares of semiconductor
equipment makers lower after saying second-quarter profit and
sales will be at the low end of its forecast.


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