Business Today: Wall Street set for higher open on Italy, economic data hopes

		Click to View in Browser 04/29/2013 Wall Street set for higher open on Italy, economic data hopes NEW YORK (Reuters) - Wall Street was set for a higher open on Monday, buoyed by the formation of a broad coalition government in Italy which ended two months of political uncertainty and boosted an appetite for risky assets, as investors braced for major economic news this week. Consumer spending up, inflation pressures muted WASHINGTON (Reuters) - Consumer spending unexpectedly rose in March as benign inflation supported household's spending power, a hopeful sign for an economy that lost significant momentum towards the end of the first quarter. SoftBank amends Sprint deal terms for Dish inquiry (Reuters) - Sprint Nextel Corp on Monday said its merger partner SoftBank Corp has waived some terms of their agreement so that Sprint can seek more information from potential suitor Dish Network Corp . Penney lines up five-year, $1.75 billion loan from Goldman (Reuters) - J.C. Penney Co Inc on Monday said Goldman Sachs Group Inc will provide it with a five-year, $1.75 billion financing package, the latest move by the retailer to shore up its finances. Nissan recalls over 123,000 Altimas in U.S. for spare tire issue (Reuters) - Nissan Motor Co Ltd is recalling more than 123,000 Altima sedans in the United States to adjust the inflation of the spare tires, which could be over- or under-inflated. Honda recalls almost 46,000 Fit cars in U.S., Canada (Reuters) - Honda Motor Co Ltd is recalling almost 46,000 Fit small cars in the United States and Canada to fix a problem with the electronic stability control system software. Economic mood in euro zone sours again in April BRUSSELS (Reuters) - Confidence in the euro zone's economy fell further in April, data showed, strengthening the case for a cut in interest rates this week by the European Central Bank. Analysis: Tax strategy may be key to Verizon Wireless deal (Reuters) - Verizon Communications Inc's chances of buying the 45-percent stake in Verizon Wireless owned by the UK's Vodafone Group Plc will hinge, at least in part, on the quality of tax advice it is getting. Bayer to buy birth-control devices maker for $1.1 billion FRANKFURT (Reuters) - Germany's Bayer AG has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider, KazMunaiGas eyes $10 billion investment to boost reserves ASTANA/ALMATY (Reuters) - State-run KazMunaiGas, Kazakhstan's second-largest oil producer, said it would invest 1.5 trillion tenge ($9.9 billion) in exploration in the next 10 years as it aims to nearly double its reserves of crude oil and gas condensate. Related Video Wealth Strategies: Few sectors look as strong as housing U.S. Morning Call: Will Chrysler escape the Europe scourge? Economic News Consumer spending up, inflation pressures muted Obama chides lawmakers over flight delay fix, budget conflict 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