Business Today: Stock futures slip after Fed comments

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good Morning Aron, WED 22 Sep 2010    Stock futures slip after Fed comments General Mills profit beats Sinochem hires banks to explore Potash counterbid Gold bursts to record high after Fed rates nod Japan PM warns of more action versus yen Adobe shares plunge on concerns of weak product demand Mortgage demand idles despite low loan rates HSBC CEO threatens to quit in chairman spat: report Daimler not in talks to buy Fiat Industrial Microsoft raises dividend, authorizes more debt Is this the end of the £5 dress? India wants BlackBerry email access Dollar slips, eyes on Japan response Stock futures slip after Fed comments September 22, 2010 08:34 AM ET NEW YORK (Reuters) - Stock index futures slipped on Wednesday on concerns about the inflation outlook and as the Federal Reserve inched closer to loosening its monetary policy, sending gold prices to a record high. Full Article General Mills profit beats September 22, 2010 07:47 AM ET NEW YORK (Reuters) - U.S. packaged foods maker General Mills Inc posted a slightly better-than-expected quarterly profit and affirmed its full-year target, helped by increased sales of its cereals, yogurt and snacks. Full Article Sinochem hires banks to explore Potash counterbid September 22, 2010 08:05 AM ET SYDNEY/TORONTO (Reuters) - China's Sinochem Corp has hired banks to advise it how to foil BHP Billiton's $39 billion bid for Potash Corp , two sources with direct knowledge of the matter told Reuters. Full Article Gold bursts to record high after Fed rates nod September 22, 2010 06:13 AM ET LONDON (Reuters) - Gold rose for a third day on Wednesday to hit record highs above $1,290 an ounce after the Federal Reserve's signal that it was prepared to pump fresh cash into the economy hurt the dollar and whet investor appetite for bullion. Full Article Japan PM warns of more action versus yen September 22, 2010 08:04 AM ET TOKYO (Reuters) - Japanese Prime Minister Naoto Kan said Tokyo was ready to act again if the yen moved sharply, keeping traders on guard against further intervention as expectations of U.S. monetary easing weighed on the dollar. Full Article Adobe shares plunge on concerns of weak product demand September 22, 2010 08:08 AM ET BANGALORE (Reuters) - Shares of Adobe Systems Inc fell 21 percent in pre-market trade Wednesday, a day after the software maker forecast soft demand for its flagship software package, stirring analyst concerns about the lack of near-term catalysts to buoy the company's stock. Full Article Mortgage demand idles despite low loan rates September 22, 2010 07:05 AM ET NEW YORK (Reuters) - Home loan demand fell for a third straight week though fixed mortgage rates slid near all-time lows, with potential buyers still unnerved by the jobs market, Mortgage Bankers Association data showed on Wednesday. Full Article HSBC CEO threatens to quit in chairman spat: report September 22, 2010 05:23 AM ET LONDON (Reuters) - HSBC Holdings Plc Chief Executive Michael Geoghegan has threatened to quit if he is not promoted to chairman, a report said on Wednesday, potentially adding to a spate of upheavals within Europe's top banks. Full Article Daimler not in talks to buy Fiat Industrial September 22, 2010 05:30 AM ET FRANKFURT (Reuters) - German luxury car and commercial truckmaker Daimler is not in talks with Italian rival Fiat over the acquisition of its capital goods division Fiat Industrial, Daimler said on Wednesday. Full Article Microsoft raises dividend, authorizes more debt September 21, 2010 09:39 PM ET SEATTLE (Reuters) - Microsoft Corp raised its quarterly dividend by 23 percent to 16 cents per share on Tuesday, its first increase in two years, marking the latest move by a technology company to return cash to shareholders frustrated by stagnant share prices. Full Article

REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers