Business Today: Stock futures hit by euro zone, Dell concerns

Click to View in Browser 05/23/2012 Stock futures hit by euro zone, Dell concerns NEW YORK (Reuters) - Stock index futures fell on Wednesday as caution prevailed ahead of a meeting of European leaders and on mounting concerns over Greece's future in the euro zone. Bundesbank says Greek euro exit "manageable" BERLIN (Reuters) - The impact of a Greek exit from the euro zone would be substantial but "manageable", Germany's Bundesbank said on Wednesday, raising pressure on Athens to keep its painful economic reforms on track. Spain's banks in focus ahead of Bankia rescue plan MADRID (Reuters) - Spain may say on Wednesday how it will plug a hole of at least 8 billion euros ($10.21 billion) at Bankia, part of an effort to clean up a banking sector laden with bad debts and stop the country sinking further into the euro zone debt crisis. Euro zone officials agree to prepare for Greek exit scenario BRUSSELS (Reuters) - Euro zone officials have agreed that each euro zone country must prepare an individual contingency plan in the eventuality that Greece decides to leave the single currency area, two eurozone officials said on Wednesday. Ailing demand shrinks Greek current account gap ATHENS (Reuters) - Greece's current account deficit narrowed by close to a fifth in March, data showed on Wednesday, reflecting a sharp drop in imports as the country's austerity-hit consumers tighten their belts. Dell's weak forecast draws price target cuts (Reuters) - Dell Inc's weak forecast and disappointing quarterly results triggered price target cuts from a slew of brokerages on the stock of the world's No.3 personal computer maker. Regulators, investors turn up heat over Facebook IPO (Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Gupta jury hears competing views of Rajaratnam ties NEW YORK (Reuters) - Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam's "important people" list but excluded from a fantasy football celebration helicopter trip to Atlantic City with other corporate high-flyers. U.S. anti-dumping duty crimps solar companies' margins (Reuters) - Solar companies Suntech Power Holdings Co Ltd and Trina Solar Ltd said their first-quarter margins were squeezed as they set aside money to offset anti-dumping tariffs imposed by the U.S. government on solar panel imports from China. PTT's $1.9 billion bid for Cove trumps Shell LONDON (Reuters) - Thailand's PTT Exploration and Production has trumped Royal Dutch Shell's bid for Mozambique-focused explorer Cove Energy by offering 1.22 billion pounds ($1.9 billion), highlighting international interest in East African gas finds. Related Video Market Pulse: Euro on ropes ahead of Merkel-Hollande bout U.S. Morning Call: Facebook talked itself down-sources Economic News Guessing game begins over next Treasury chief Home resales rise, boding well for economy A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 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