Business Today: Stock futures point to modest bounce on China data, Boeing

		Click to View in Browser 10/24/2012 Stock futures point to modest bounce on China data, Boeing NEW YORK (Reuters) - Stock index futures advanced on Wednesday, pointing to a bounce from declines a day earlier when the Dow suffered its biggest drop in four months, after data from China and Boeing earnings eased concerns about sluggish global growth. Ford to close Belgian plant by end-2014 GENK, Belgium/MADRID (Reuters) - Ford Motor Co will close a Belgian factory employing 4,300 workers by the end of 2014, shifting production to Spain as the U.S. automaker tries to save money and stem European losses. Ex-Goldman director Gupta awaits sentence in insider case NEW YORK (Reuters) - The sentencing on Wednesday of fallen Wall Street titan Rajat Gupta for insider trading could come down to whether a judge agrees that his lifetime of charity counts against sending him to prison. Lockheed Martin raises forecast, earnings beat view again (Reuters) - Lockheed Martin Corp , the largest U.S. weapons maker, on Wednesday posted an 11 percent increase in third-quarter earnings, beating expectations by a wide margin, and raised its full-year forecast. Boeing Q3 profit beats expectations; defense strong (Reuters) - Boeing Co posted stronger-than-expected results for the third quarter on Wednesday and raised its forecast for the full year, as its defense business improved and commercial aircraft deliveries surged. Ex-SocGen trader Kerviel handed 3 years jail PARIS (Reuters) - Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France's biggest rogue-trading scandal on Wednesday and ordered to repay the bank 4.9 billion euros ($6.35 billion). Apple unwraps mini-iPad to take on Amazon, Google SAN JOSE (Reuters) - Apple Inc will begin to sell an 8-inch version of the iPad on Friday to compete with Amazon.com Inc's Kindle and other smaller tablets, but it set a higher-than-expected price tag of $329 that Wall Street fears could curb demand. UBS set to cut 400 investment banking jobs: sources ZURICH/LONDON (Reuters) - UBS is about to cut 400 investment banking jobs, two sources familiar with the situation said on Wednesday, with more extensive lay-offs at the Swiss bank likely to follow as it withdraws from the riskier and more capital-intensive parts of its business. Facebook's mobile surprise allays growth fears SAN FRANCISCO (Reuters) - Facebook Inc grew mobile advertising revenue several times in the third quarter, a faster-than-expected pace that helped drive shares in the world's No. 1 social network nearly 13 percent higher. Buffett says global economy slowing, wants more deals (Reuters) - Warren Buffett sees clear signs that the global economy is slowing, although the U.S. economy is "inching ahead" as other regions decline, the Berkshire Hathaway chief executive officer said on Wednesday. Related Video U.S. Morning Call: Mobiles, guns & money before the bell Daily Digit: Puma profits crash Economic News Fed to keep buying bonds despite firmer U.S. growth ADP overhauls U.S. private payrolls report 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