miércoles, 17 de noviembre de 2010

Business Today: Stock futures flat as Europe concerns linger, GM IPO set

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Good Morning Aron, WED 17 Nov 2010 
 
Stock futures flat as Europe concerns linger, GM IPO set
GM boosts IPO size to reduce government stake
Corrected: Target profit meets Street
Fed's new round of easing to boost jobs: Rosengren
Annual core CPI rise smallest on record
China vows to tame inflation, price controls in reserve
Roche takes knife to costs, slashes 4,800 jobs
Fiat CEO: Chrysler still gearing up for 2011 IPO
FDIC conducting 50 investigations at failed banks: report
Warren Buffett praises bailout efforts: report


Stock futures flat as Europe concerns linger, GM IPO set
November 17, 2010 08:18 AM ET
NEW YORK (Reuters) - Stock index futures were little changed on Wednesday as investors weighed debt woes Ireland and digested final terms of GM's initial public offering.

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GM boosts IPO size to reduce government stake
November 17, 2010 08:36 AM ET
NEW YORK/DETROIT (Reuters) - General Motors Co raised the common stock portion of its initial public offering by 31 percent on Wednesday after a surge of investor interest, putting the deal on track to raise as much as $22.7 billion.

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Corrected: Target profit meets Street
November 17, 2010 08:28 AM ET
Corrects headline and first paragraph to say that profit met expectations, rather than beat them; corrects fourth paragraph to clarify that Target's earnings excluding a tax benefit was 68 cents a share

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Fed's new round of easing to boost jobs: Rosengren
November 17, 2010 08:25 AM ET
CHICAGO (Reuters) - The Federal Reserve's latest bid to lower borrowing costs further should boost jobs and lift inflation to healthier levels, making the action worth the risk, a top Fed official said on Wednesday.

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Annual core CPI rise smallest on record
November 17, 2010 08:34 AM ET
WASHINGTON (Reuters) - U.S. consumer prices rose less than expected in October and the increase in the year-on-year core rate was the smallest on record, data showed on Wednesday, further supporting the Federal Reserve's decision to ease monetary policy.

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China vows to tame inflation, price controls in reserve
November 17, 2010 06:36 AM ET
BEIJING (Reuters) - China will intervene to control consumer prices if they rise too quickly, the government said on Wednesday, a move that will do little by itself to tame inflation but could foreshadow harsher monetary tightening.

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Roche takes knife to costs, slashes 4,800 jobs
November 17, 2010 06:51 AM ET
ZURICH (Reuters) - Roche Holding AG set out plans to slash costs on Wednesday, joining Big Pharma rivals with a wide-ranging restructuring program as it grapples with recent product setbacks and mounting pressure on prices.

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Fiat CEO: Chrysler still gearing up for 2011 IPO
November 17, 2010 03:14 AM ET
LOS ANGELES (Reuters) - The success of General Motors Co's IPO, potentially the largest U.S. offering ever, bodes well for Chrysler's own envisioned share sale, Fiat SpA CEO Sergio Marchionne said on Tuesday.

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FDIC conducting 50 investigations at failed banks: report
November 17, 2010 12:59 AM ET
(Reuters) - The Federal Deposit Insurance Corp (FDIC) is conducting about 50 criminal investigations at U.S. banks that have failed since the start of the financial crisis, the Wall Street Journal said.

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Warren Buffett praises bailout efforts: report
November 17, 2010 07:34 AM ET
BANGALORE (Reuters) - Warren Buffett praised the U.S. government's efforts to bail out the economy during the financial crisis two years ago, preventing an economic collapse.

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