Business Today: Index futures lower ahead of GDP data

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	04/28/2011
Good Morning Aron LATEST NEWS Index futures lower ahead of GDP data NEW YORK (Reuters) - U.S. stock index futures edged lower on Thursday, a day after the Nasdaq rose to a 10-year high and investors looked ahead to first-quarter growth data amid concerns the U.S. economy may be starting to slow. | Full Article Exxon's profit soars 69 percent, tops Street April 28, 2011 08:34 AM ET HOUSTON (Reuters) - Exxon Mobil Corp's quarterly profit rose a better-than-expected 69 percent as the world's largest publicly traded oil company benefited from higher crude prices and better margins for its refineries. | Full Article PepsiCo results beat; keeps outlook April 28, 2011 08:16 AM ET NEW YORK (Reuters) - PepsiCo Inc reported quarterly profit slightly ahead of Wall Street's expectations, helped by higher sales in both its snacks and drinks units, and stood by its full-year outlook. | Full Article Exelon to buy Constellation Energy for $7.9 billion April 28, 2011 08:10 AM ET BANGALORE (Reuters) - Power company Exelon Corp is to buy rival Constellation Energy Group for $7.9 billion, the latest in a series of deals in a fragmented U.S. utility industry that faces new costs to upgrade power grids and meet environmental controls. | Full Article Procter & Gamble lowers top end of forecast April 28, 2011 07:25 AM ET CHICAGO (Reuters) - Procter & Gamble Co lowered the high end of its profit forecast for the year, as it does what it can to trim costs and increases some prices to offset rising costs for materials. | Full Article US TOP NEWS Tornadoes and storms rip through South, 176 dead April 28, 2011 08:31 AM ET BIRMINGHAM, Alabama (Reuters) - Devastating storms and tornadoes raked the South, killing 128 people in Alabama and 32 others in Mississippi as they flattened houses, flipped cars and uprooted trees, officials said on Thursday. | Full Article Buffett's Berkshire says Sokol deceived and broke law April 28, 2011 07:58 AM ET NEW YORK (Reuters) - Former Berkshire Hathaway executive David Sokol deliberately misled Warren Buffett when pitching an investment to him, the company's board concluded in a scathing report that may add fuel to a pending SEC probe of Buffett's one-time heir apparent. | Full Article Most dealers see Fed keeping rates near zero: Reuters poll April 28, 2011 06:18 AM ET NEW YORK (Reuters) - Most major economists expect the Federal Reserve to hold interest rates at the current level near zero through the end of the year despite signs of rising inflation, a Reuters poll found on Wednesday. | Full Article BOJ believes Japan in recession, stands pat on policy April 28, 2011 08:05 AM ET TOKYO (Reuters) - The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing. | Full Article Surprise Palestinian unity deal challenges Israel April 28, 2011 08:20 AM ET JERUSALEM (Reuters) - Israel said on Thursday a Palestinian unity deal would sabotage prospects for peace and stemmed from panic by Hamas and Western-backed President Mahmoud Abbas over popular uprisings in Syria and Egypt. | Full Article HEALTH NEWS Which hospitals have more problems after surgery? Scientists oppose European stem cell patent ban Should hysterectomy mean the ovaries come out too? WHO warns of enormous burden of chronic disease Study probes how surgery makes diabetes disappear RELATED VIDEO iPad 2 makes delayed Japan debut Honda & Hyundai's different outlooks Bernanke treads carefully at presser A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Police dress up as doctors to test citizens Full Article Fryer grease rustling rises due to oil price hikes San Francisco may vote on banning male circumcision Police inadvertently shoot dog attack victim Oklahoma House in unison for official state gospel song Champagne from shipwreck up for grabs - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend