Business Today: Stock futures drop as Apple revenue miss to halt stocks rally

		Click to View in Browser 01/24/2013 Stock futures drop as Apple revenue miss to halt stocks rally NEW YORK (Reuters) - Stock index futures fell Thursday as Apple slid nearly 10 percent following a revenue miss, and analysts said equities may be due for a pullback after a six-day rally for the S&P 500. Jobless claims fall to five-year low; job market healing WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell to its lowest since the early days of the 2007-09 recession, a hopeful sign for the sluggish labor market. Apple results spur price target cuts, shares fall 9 percent (Reuters) - Weaker-than-expected holiday sales of Apple Inc's iPhone reinforced fears that it is losing its dominance in smartphones, driving its shares down 9 percent in premarket trading and drawing another round of stock price target cuts. 3M fourth-quarter profit meets Wall Street view (Reuters) - 3M Co reported a 3.9 percent rise in quarterly profit, matching expectations, on solid growth in sales of its wide array of products ranging from Post-It notes to films used in television screens. Red flags revealed in filings of firm linked to Caterpillar fraud HONG KONG (Reuters) - A Chinese mining equipment company at the centre of an alleged accounting fraud was also involved in a web of insider loans and asset transfers prior to its purchase by Caterpillar Inc., public filings show. UK court forces Barclays to reveal staff on Libor list LONDON (Reuters) - A British judge forced Barclays to identify top executives alongside traders linked to a probe into rate fixing, naming ex CEOs Bob Diamond and John Varley and current Finance Director Chris Lucas on Thursday despite requests for anonymity. Still no timetable for returning Boeing 787 to flight TOKYO/WASHINGTON (Reuters) - Japanese regulators have joined their U.S. counterparts in all but ruling out overcharged batteries as the cause of recent fires on the Boeing Co 787 Dreamliner, which has been grounded for a week with no end in sight. Mitsubishi recalls 14,700 electric cars globally over brakes TOKYO (Reuters) - Mitsubishi Motors Corp said it would recall about 14,700 electric vehicles (EV) globally due to a brake problem unique to the electric-motor powered cars in one of the biggest callbacks involving the new generation of eco-friendly cars. Toyota, BMW to research lithium-air battery TOKYO (Reuters) - Toyota Motor Corp and BMW AG will jointly research a lithium-air battery expected to be more powerful than the lithium-ion batteries used in many hybrid and electric vehicles, the two firms said. Barclays CEO wants to keep large investment bank HONG KONG/LONDON (Reuters) - Barclays wants to remain a big player in investment banking even though the British bank is cutting costs and jobs in that business, including at least 70 in its Asian division. Related Video PMIs: France flounders as Germany booms DAVOS 2013: ECB needs to be more like the Fed and BOJ Economic News Debt limit extension bill passes House Union membership falls to lowest percentage in 76 years 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