Business Today: Stock futures fall on China data, Italy downgrade

		Click to View in Browser 03/11/2013 Stock futures fall on China data, Italy downgrade NEW YORK (Reuters) - Stock index futures edged lower on Monday following last week's rally to record highs for the Dow as a credit downgrade of Italy and disappointing data from China curbed investors' enthusiasm. Analysis: S&P paper trail may lead nowhere in government case NEW YORK (Reuters) - In early 2007, as signs of distress began appearing in securities backed by residential mortgages, executives at Standard & Poor's began advising analysts responsible for rating mortgage bonds that they should put the phrase "privileged and confidential" on emails to one another. Yum China recovery remains rocky even as online anger calms SHANGHAI (Reuters) - Chinese consumers' anger at KFC over a food safety scare has abated as the number of negative posts about the fast food chain owned by Yum Brands Inc on the country's most popular microblogging platform fell by two-thirds. Goldman leads decline as Wall Street commodity revenues plummet NEW YORK (Reuters) - Wall Street commodity revenues crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group Inc , JPMorgan Chase & Co and Morgan Stanley . Icahn Enterprises enters into confidentiality pact with Dell (Reuters) - Icahn Enterprises LP said it had entered into a confidentiality agreement with Dell Inc, and looked forward to commencing a review of the company. China's ragtag shale army a long way from revolution BEIJING (Reuters) - China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms awarded exploration rights in the latest auction lacked one core skill - not one has drilled a gas well before. Banks saved, but Europe risks "losing a generation" BRUSSELS (Reuters) - Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation of young people in the process, the president of the European Parliament said. BOJ nominee vows swift action as orders data disappoints TOKYO (Reuters) - The Japan government's choice to lead the country's central bank promised on Monday to move quickly to implement fresh monetary stimulus to lift the struggling economy, a case underlined by a surprisingly sharp drop in a gauge of capital investment. Hostess creditor, PE firms show interest in Twinkies brand: NY Post (Reuters) - Hostess Brands Inc creditor Silver Point Capital and hedge fund Hurst Capital have expressed interest in buying Hostess's snack cake brands, including Twinkies, the New York Post reported. Mexico readies bill to shake up telecoms, TV industries MEXICO CITY (Reuters) - Mexico's government is expected to present a bill on Monday that aims to loosen billionaire Carlos Slim's hold on the telecommunications market and curb top broadcaster Televisa's rule of the airwaves, according to a draft copy of the document. Related Video Market Pulse: What's Moving Today and Why Not Made in China Economic News Public transportation surges as Americans return to work Wall Street looks for Fed to continue asset purchase through 2013: Reuters poll 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