Business Today: Stock futures gain on China optimism; data, earnings in focus

		Click to View in Browser 10/25/2012 Stock futures gain on China optimism; data, earnings in focus NEW YORK (Reuters) - Stock index futures rose on Thursday, indicating the S&P 500 may rebound from its worst five-day slide in five months, on optimism China's economy may be recovering and ahead of a flurry of economic data and corporate earnings. Jobless claims fall, give clearer sign of health WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month. Gauge of investment plans flat, orders for durables up WASHINGTON (Reuters) - A gauge of planned business spending was flat in September, a sign that heightened uncertainty is weighing on factories although new orders for long-lasting manufactured goods increased during the month. Procter & Gamble soars past profit expectations (Reuters) - Procter & Gamble Co's profit rose more than expected on Thursday, indicating that the world's largest household products maker is making progress after coming under pressure from activist investor William Ackman. Credit Suisse to cut $1 billion more costs as profits fall ZURICH (Reuters) - Credit Suisse will cut an extra 1 billion Swiss francs ($1.1 billion) of costs, including axing more jobs, as part of efforts to bolster its profits and capital position. Analysis: Americans to face tougher 2013 on rising prices, taxes NEW YORK (Reuters) - Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy. ConocoPhillips quarterly profit tumbles (Reuters) - ConocoPhillips on Thursday reported a 31 percent decline in quarterly profit, hit by a drop in prices for crude oil and natural gas. Accused UBS London "rogue trader" to begin defense LONDON (Reuters) - British prosecutors wrapped up their case against former UBS trader Kweku Adoboli on Thursday, opening the way for him to open his defense against charges of fraud and false accounting for trades that cost the Swiss bank $2.3 billion. Ford axes British van plant to stem Europe losses LONDON/BASILDON, England (Reuters) - Ford will stop making vans in Britain next year, cutting 1,400 jobs on top of 4,300 to be axed in Belgium as part of a plan by the U.S. car maker to stem European losses expected to exceed $1.5 billion this year. Dunkin' Brands profit soars, ups FY earnings forecast (Reuters) - Dunkin' Brands Group Inc's raised its full-year earnings forecast after strong sales at its established restaurants helped it beat analysts' estimates for third-quarter profit. Related Video U.S. Morning Call: Microsoft set for Windows 8 launch UK exits recession, but recovery patchy - ONS Economic News U.S. CEOs call for action to reduce federal deficit Strong new home sales brighten housing picture 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