Business Today: Stock futures hold gains after data

		Click to View in Browser 06/27/2012 Stock futures hold gains after data NEW YORK (Reuters) - The S&P 500 index futures held modest gains on Wednesday after data showed demand for long-lasting U.S. manufactured goods rebounded more than expected in May. Durable goods orders rebound in May WASHINGTON (Reuters) - Demand for long-lasting U.S. manufactured goods rebounded more than expected in May and a gauge of business spending plans increased, but slowing global growth suggest the momentum might not be sustained. Wall Street analysts like, don't love, Facebook (Reuters) - A month after Facebook Inc's rocky initial public offering, some of Wall Street's top analysts have published their first assessments of prospects for the world's No. 1 social network. And most are cautiously optimistic. Barclays bosses give up bonus after $452 million fine LONDON (Reuters) - Barclays said its chief executive and three other executives will waive their bonuses this year after the UK bank paid 290 million pounds ($452 million) in penalties to settle an international probe into key interbank lending rates. JPMorgan Chase puts new payment devices in stores NEW YORK (Reuters) - JPMorgan Chase & Co said on Wednesday it has begun equipping merchants with devices that accept payments from mobile phone signals and cards embedded with computer chips as well as traditional magnetic strips. Analysis: Morgan Stanley faces Facebook fallout, limits damage NEW YORK (Reuters) - Morgan Stanley was quick to dismiss suggestions its status as the king of initial public offerings for Silicon Valley was under threat because of the botched Facebook Inc IPO last month. And that confidence may be warranted. Mortgage applications fell last week: MBA NEW YORK (Reuters) - Applications for U.S. home mortgages fell last week as refinancing applications for government loans slowed, an industry group said on Wednesday. EU court cuts Microsoft antitrust fine by 4.3 percent LUXEMBOURG (Reuters) - Microsoft Corp lost its appeal against an EU decision penalizing it for defying an antitrust ruling, bringing nearer to an end a decade-long battle with the European Commission over the U.S. software group's business practices. BMW and Toyota extend technology ties -sources MUNICH/HAMBURG (Reuters) - BMW and Toyota plan to expand a technological partnership, two sources close to the companies told Reuters, a deal that could prompt a shift in auto industry allegiances. Europe's leaders at odds before summit MADRID/BERLIN (Reuters) - European leaders sound unusually divided before a high-stakes summit, with Germany's Angela Merkel saying total debt liability would not be shared in her lifetime and giving little support to Italian and Spanish pleas for immediate crisis action. Related Video Market Pulse: "Soggy" trading ahead of EU summit storm World at Risk: U.S. lack of fiscal plan a major concern Economic News Durable goods orders rebound in May Home prices up again, but consumers less confident 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