Business Today: Stock futures rise as dollar falls after G20

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Good Morning Aron, MON 25 Oct 2010    Stock futures rise as dollar falls after G20 Bank of America finds foreclosure mistakes: report Singapore Exchange to buy ASX for $8.3 billion BP CEO slams media, rivals for boosting spill fears Regulators reviewing foreclosure practices: Bernanke RadioShack tops Street as smartphones win shoppers SEC plans to streamline complaint process: report G20 inks pact to avert trade war BP sells Gulf of Mexico fields to pay for oil spill JPMorgan to launch copper ETP: SEC filing SGX makes $8.3 bln bid for ASX Asia shrs rise, dlr eases post-G20 Dollar rises on currency stalemate Stock futures rise as dollar falls after G20 October 25, 2010 08:22 AM ET NEW YORK (Reuters) - Stock index futures rose on Monday as the U.S. dollar fell after a meeting of the Group of 20 stopped short of setting targets to reduce trade imbalances. Full Article Bank of America finds foreclosure mistakes: report October 25, 2010 01:04 AM ET (Reuters) - Bank of America Corp acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said. Full Article Singapore Exchange to buy ASX for $8.3 billion October 25, 2010 07:50 AM ET SYDNEY/SINGAPORE (Reuters) - Singapore Exchange (SGX) has agreed a $8.3 billion takeover of Australia's ASX Ltd to create Asia's fourth-largest stock exchange, aiming to cut costs and fight growing competition. Full Article BP CEO slams media, rivals for boosting spill fears October 25, 2010 07:29 AM ET LONDON (Reuters) - BP's new chief executive said its rivals and the media had helped cause a climate of fear during the summer when the oil giant's blown-out Gulf of Mexico well caused the worst ever oil spill in the United States. Full Article Regulators reviewing foreclosure practices: Bernanke October 25, 2010 08:31 AM ET WASHINGTON (Reuters) - U.S. banking regulators are reviewing foreclosure practices at large financial institutions and will publish a report on the issue next month, Federal Reserve Chairman Ben Bernanke said on Monday. Full Article RadioShack tops Street as smartphones win shoppers October 25, 2010 08:00 AM ET NEW YORK (Reuters) - RadioShack Corp beat quarterly profit and sales estimates on strong demand for recently launched smartphones like Apple iPhone 4. Full Article SEC plans to streamline complaint process: report October 25, 2010 12:21 AM ET (Reuters) - The U.S. securities regulator is planning to streamline the complaint process by electronically cataloging alleged securities violations, the Wall Street Journal said. Full Article G20 inks pact to avert trade war October 24, 2010 11:47 PM ET GYEONGJU, South Korea (Reuters) - The Group of 20 major economies agreed on Saturday to shun competitive currency devaluations but stopped short of setting targets to reduce trade imbalances that are clouding global growth prospects. Full Article BP sells Gulf of Mexico fields to pay for oil spill October 25, 2010 06:13 AM ET TOKYO/LONDON (Reuters) - BP agreed to sell four fields in the deepwater of the Gulf of Mexico to Japan's Marubeni Corp for $650 million, as the oil major seeks to raise cash to pay for its oil spill in the region. Full Article JPMorgan to launch copper ETP: SEC filing October 25, 2010 07:53 AM ET LONDON (Reuters) - JPMorgan Commodity ETF Services registered to launch an exchange-traded product (ETP) for copper in a filing late last week with U.S. regulator the Securities and Exchange Commission. Full Article

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