10 Things You Need To Know Before The Opening Bell, April 28, 2011

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Thursday, April 28, 2011 Advertisement Good morning. Here's what you need to know. Asian indices were mixed in overnight trading with the Nikkei up 1.63%. Major European indices are in the green and U.S. futures indicate a lower open. Germany's headline unemployment rate came in at 7.1% and jobless claims have dropped to their lowest since 1992. Check out 15 rich countries facing a huge youth unemployment problem >  On the earnings front, German business software maker SAP's Q1 earnings came in below expectations. The company's operating profit jumped 26% to €779 million versus expectations of a 39% increase. Meanwhile, Deutsche Bank reported a Q1 net profit of €2.1 billion from €1.8 billion for the previous year. Gazprom reported a 2% jump in Q4 net profit to $11.2 billion. Analysts are wary of future earnings that could be hit by a government proposal to double a key tax for gas producers in 2012. Don't miss: The 15 most expensive places to buy gas in the world > Exelon has announced its acquisition of Constellation Energy for $7.9 billion. Constellation shareholders are expected to receive 0.93 Exelon shares for each share they hold.  Russia has banned gasoline exports for the month of May due to fuel shortages across the country. Officials believe oil companies exported more gasoline to boost their earnings from soaring foreign prices. Here are the 15 cheapest places to buy gas in the world > GDP data for Q1 will be released at 8:30 AM ET. Consensus is for a drop to 2%. Follow the release at Money Game > American companies Boeing and Lockheed have lost out on a $11 billion deal to supply fighter jets to India. The Indian air force is now choosing between France’s Dassault Rafale and the multinational Eurofighter Typhoon. Don't miss: 12 frightening facts about China's military growth > Initial jobless claims data will be released at 8:30 AM ET. Consensus if for a drop to 390K claims. Follow the release at Money Game > NYSE Euronext reported a 19% jump in Q1 net profit of $155 million from $130 million a year ago. Meanwhile Pepsico reported a 27% increase in Q1 net revenue and P&G reported a 10% rise in net earnings, though rising commodity costs are starting to impact the business. Check out the 10 signs the economy is slowing down > BONUS: Jessica Simpson has set her wedding date to Yale grad and NFL star Eric Johnson. For the latest investing news, visit Money Game. Follow us on Twitter and Facebook. Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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