martes, 25 de mayo de 2010

Business Today: Stock futures tumble on euro-zone, Korea worries

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Good Morning Aron, TUE 25 May 2010 
 
Stock futures tumble on euro-zone, Korea worries
European stocks and euro slump on banking fears
Fed's Bullard: Rate policy dictated by econ progress into 2011
Wall Street critic Frank to shepherd final reform bill
Obama renews push for $30 billion small business plan
Shareholders sue BP for spill liability
Pru chairman confident shareholders will back AIA bid
JPMorgan's Dimon broadly optimistic on reform
M&S profit rise lags rivals
Microsoft to shake up phone, Xbox unit: report


Stock futures tumble on euro-zone, Korea worries
May 25, 2010 08:27 AM ET
NEW YORK (Reuters) - Stock index futures fell sharply on Tuesday, tracking a steep sell-off in global equities, on worries over Europe's banking sector and as North Korea ramped up rhetoric against the South.

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European stocks and euro slump on banking fears
May 25, 2010 08:18 AM ET
LONDON/ROME (Reuters) - European stocks and the euro slumped on Tuesday and German bonds hit a record high as investors worried about the fate of euro zone banks and the impact of austerity measures on economic growth.

Full Article
Fed's Bullard: Rate policy dictated by econ progress into 2011
May 25, 2010 08:15 AM ET
LONDON (Reuters) - The Federal Reserve will watch the U.S. economy's progress through autumn and into 2011 as it decides how long it will hold interest rates at ultra-low levels, a top Fed official said on Tuesday.

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Wall Street critic Frank to shepherd final reform bill
May 24, 2010 07:32 PM ET
WASHINGTON (Reuters) - U.S. representative Barney Frank, a fierce critic of Wall Street and close ally of the Obama administration, will head a House-Senate committee to hammer out a final bill on financial regulation reform.

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Obama renews push for $30 billion small business plan
May 25, 2010 08:18 AM ET
WASHINGTON (Reuters) - President Barack Obama is to renew a push on Tuesday to persuade the U.S. Congress to approve a $30 billion plan to spur lending to small businesses and trigger job creation.

Full Article
Shareholders sue BP for spill liability
May 24, 2010 09:31 PM ET
WILMINGTON, Delaware (Reuters) - Shareholders have sued the board of BP Plc for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of Mexico, according to court documents.

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Pru chairman confident shareholders will back AIA bid
May 25, 2010 07:32 AM ET
HONG KONG/LONDON (Reuters) - Most of Prudential's investors are comfortable with its bid for AIG's Asian life unit AIA, its chairman said, moving to dispel fears shareholders may baulk at the $35.5 billion cost of the deal.

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JPMorgan's Dimon broadly optimistic on reform
May 24, 2010 10:53 PM ET
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon is broadly optimistic financial reform is headed in the right direction, he said on Monday at the Japan Society's Annual Dinner in New York.

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M&S profit rise lags rivals
May 25, 2010 04:59 AM ET
LONDON (Reuters) - Marks & Spencer, Britain's No.1 clothing retailer, said it was cautious about the outlook for consumers ahead of expected tax rises, as it posted a smaller rise in annual profit than most of its major rivals.

Full Article
Microsoft to shake up phone, Xbox unit: report
May 25, 2010 07:52 AM ET
SEATTLE (Reuters) - Microsoft Corp is set to overhaul management of its division focused on mobile phones, videogames and other consumer devices, the Wall Street Journal said on Monday, citing people familiar with the matter.

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