Morning Market Snapshot: August 11, 2011

August 12, 2011

Good Morning. It's Thursday, August 11, 2011. At this hour, U.S. equity futures are pointing to a higher open following yesterday's dramatic sell-off. Overseas, the Asian markets closed lower, while the European markets are mixed. Intel Capital (NASDAQ:INTC) announced a $300M Ultrabook Fund to help drive innovation in their new category of devices. comScore (NASDAQ:SCOR) said Google (NASDAQ:GOOG) Sites led the U.S. explicit core search market in July with 65.1% market share, followed by Yahoo! (NASDAQ:YHOO) Sites with 16.1% and Microsoft (NASDAQ:MSFT) Sites with 14.4%. News Corp (NASDAQ:NWSA) said it is acting "decisively" in the London tabloid matter and "will do whatever is necessary to prevent something like this from ever occurring again." AOL (NYSE:AOL) announced a $250M share repurchase program.