What to watch for today Germany to offer Greece support. German finance minister Wolfgang Schäuble is expected to offer €100 million ($131 million) in aid , after the Greek parliament narrowly approved new austerity measures in a late night vote. The Dell saga drags on. A shareholder vote on the $24.4 billion buyout offer by a group including company founder Michael Dell is scheduled to take place today but may be delayed to give him more time to win support. Billionaire shareholder Carl Icahn, who opposes the buyout, argued against the delay. Mixed earnings for technology giants. Google and Microsoft are forecast to release healthy second-quarter numbers, thanks to online ad revenue at Google and enterprise software at Microsoft . Recent acquisitions are expected to eat into profits (paywall) at German business software maker SAP. Other corporate earnings due out include Morgan Stanley , Nokia and Verizon Communications . South Africa: to hike or not to hike? Economists expect the central bank, battling anemic growth and high inflation, to leave its benchmark rate unchanged for now at 5%, a four-decade low. While you were sleeping Ben Bernanke calmed fears of a hasty stimulus exit. The Federal Reserve chairman told the US Congress that there was no “preset course” for winding down the $85 billion-a-month bond buying program, and that the Fed could keep the stimulus going if the economy weakened. Bernanke returns to Capitol Hill
All Related | More on Greece |
 |
| READ THE ORIGINAL POST AT qz.com |
