jueves, 31 de diciembre de 2009

Business Today: Stock futures edge up as '09 ends, jobless data on tap

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Good Morning Aron, THU 31 Dec 2009 
 
Stock futures edge up as '09 ends, jobless data on tap
Jobless claims fall in latest week
Treasury to dole out $3.8 billion to GMAC, raise stake
AIG executive resigns over pay limits
RUSAL goes public in pursuit of $2.6 billion
Japan mulls merging JAL's int'l service into ANA's: report
Geely gets China's support for Volvo, 2010 auto sales
Japan's DBJ agrees to expand loans to JAL: report
China hits back at U.S. steel pipe decision
Oil above $79 after year of recovery


Stock futures edge up as '09 ends, jobless data on tap
December 31, 2009 08:03 AM ET
NEW YORK (Reuters) - Stock index futures edged higher on Thursday as investors awaited data on the health of the hobbled labor market, which poses a potential hurdle for the nascent economic recovery.

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Jobless claims fall in latest week
December 31, 2009 08:33 AM ET
WASHINGTON (Reuters) - The number of workers filing new applications for jobless benefits fell last week to the lowest level in about 17 months, according to U.S. government data on Thursday.

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Treasury to dole out $3.8 billion to GMAC, raise stake
December 31, 2009 06:17 AM ET
WASHINGTON (Reuters) - The U.S. is injecting another $3.8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company.

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AIG executive resigns over pay limits
December 30, 2009 09:57 PM ET
NEW YORK (Reuters) - A top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said on Wednesday.

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RUSAL goes public in pursuit of $2.6 billion
December 31, 2009 06:25 AM ET
HONG KONG/MOSCOW (Reuters) - UC RUSAL plans to raise up to $2.6 billion in a landmark Hong Kong IPO next month and is betting on aluminum price growth to repay nearly $15 billion in debt and restore profits after a miserable first half of 2009.

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Japan mulls merging JAL's int'l service into ANA's: report
December 30, 2009 10:56 PM ET
TOKYO (Reuters) - Several cabinet members of the Japanese government want Japan Airlines Corp to withdraw completely from its international flights business and consolidate it with that of All Nippon Airways Co, the Mainichi Shimbun newspaper reported on Thursday.

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Geely gets China's support for Volvo, 2010 auto sales
December 31, 2009 08:06 AM ET
HONG KONG (Reuters) - Geely, China's No.1 private carmaker, said on Thursday that its parent company has strong support from the Chinese government to acquire Ford Motor's Volvo unit, and expects robust growth for China's auto industry in 2010, also with help from Beijing.

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Japan's DBJ agrees to expand loans to JAL: report
December 31, 2009 12:06 AM ET
TOKYO (Reuters) - The Development Bank of Japan (DBJ) has agreed to increase the amount of its unsecured loans to Japan Airlines from 100 billion yen ($1.08 billion) at present, Jiji news agency reported on Thursday.

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China hits back at U.S. steel pipe decision
December 31, 2009 08:14 AM ET
BEIJING (Reuters) - China on Thursday decried a U.S. decision to impose duties of 10 to 16 percent on Chinese-made steel pipe, the biggest U.S. trade case to date against China, and said it had been made a scapegoat of protectionist interests.

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Oil above $79 after year of recovery
December 31, 2009 08:08 AM ET
LONDON (Reuters) - Oil steadied above $79 a barrel on Thursday, poised for the biggest annual climb in a decade, a year after posting huge falls as the global economic crisis sapped demand.

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