Business Today: Stock futures flat after China, German data

		Click to View in Browser 02/8/2013 Stock futures flat after China, German data NEW YORK (Reuters) - Stock index futures were little changed Friday following economic data out of China and Germany, though the benchmark S&P index, near five-year highs, was on track for its first weekly drop of the year. Trade deficit narrows sharply, points to stronger GDP WASHINGTON (Reuters) - The U.S. trade deficit shrank in December to its narrowest in nearly three years, suggesting the economy did much better in the fourth quarter than initially estimated. EU leaders to agree push for U.S. trade deal BRUSSELS (Reuters) - Europe's leaders will agree on Friday to push for a free-trade pact with the United States, according to a draft joint statement, putting the onus on the White House to respond to a proposal that would encompass half the world's economic output. Moody's profit soars; forecasts strong 2013 earnings (Reuters) - Credit rating agency Moody's Corp , which could face a federal lawsuit tied to pre-crisis ratings, said quarterly profit jumped 66 percent and the company forecast strong 2013 earnings. Exclusive: Dell shareholder Southeastern unhappy with buyout (Reuters) - Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said. No plan for Peugeot stake, France's PM says GRENOBLE (Reuters) - France has no plans to support ailing carmaker PSA Peugeot Citroen with a stake purchase, Prime Minister Jean-Marc Ayrault said, cooling speculation of a cash injection to ease the company's problems. McDonald's January sales drop more than anticipated (Reuters) - McDonald's Corp said on Friday that January sales at established restaurants around the world fell 1.9 percent, a steeper decline than expected as fast-food chains fight for diners. Airbus studies dropping Li-Ion batteries for A350: sources PARIS (Reuters) - Airbus is considering dropping Lithium-Ion batteries and switching back to traditional units on its new A350 aircraft as safety investigators probe battery incidents on Boeing's 787 Dreamliner, several people familiar with the matter said. Monte Paschi says considering legal action to protect business MILAN (Reuters) - Italian bank Monte dei Paschi said on Friday it is considering legal action against anyone who damages its commercial activity or spreads false information about the bank. Raytheon to roll out new India air-traffic system this year BANGALORE (Reuters) - U.S. group Raytheon will roll out a new satellite-based aircraft navigation system in India this year, a move that could save airlines up to 20 percent in fuel costs. Related Video In the Boardroom: should CEOs sit on boards? Market Pulse: $1.40 would get euro warning from Draghi Economic News Trade deficit narrows sharply, points to stronger GDP Jobless claims point to healing in labor market 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