Business Today: Stock futures flat, S&P coming off another record close

		Click to View in Browser 05/7/2013 Stock futures flat, S&P coming off another record close NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the S&P 500 extended its string of record closes in the previous session and has in five months matched all of 2012's gains. March home prices see biggest yearly gain in 7 years: CoreLogic NEW YORK (Reuters) - Hhome prices rose in March, marking the biggest annual increase in seven years, in the latest sign of strength for the recovering housing market, a report from CoreLogic showed on Tuesday. JPMorgan should have independent chairman, second firm says: WSJ NEW YORK (Reuters) - A second proxy advisory firm has said that JPMorgan Chase & Co should have an independent board chairman over its chief executive officer, according to a published report. Nokia CEO says remains focused on Windows Phone software HELSINKI (Reuters) - Nokia Chief Executive Stephen Elop said the company would remain focused on using Microsoft's Windows Phone software to compete with smartphone rivals such as Samsung. Interview: SocGen Russian unit to cut costs, bolster margins MOSCOW (Reuters) - Societe Generale's Russian unit Rosbank will cut costs and prioritize improving margins while lending at least 13 percent more in 2013 as it emerges from years of costly restructuring as a viable player in the state-dominated market. DirecTV profit blows past estimates on LatAm growth (Reuters) - Satellite TV provider DirecTV easily beat estimates for the first quarter on Tuesday, as better-than-expected growth in Latin America helped offset the negative effects of a currency devaluation in Venezuela. Commerzbank sees bleak 2013 as it fishes for investors FRANKFURT (Reuters) - Commerzbank , Germany's No.2 lender, will have to work hard to entice investors to its 2.5 billion euro ($3.3 billion) share call this month after painting a bleak outlook for the rest of this year. Discovery posts higher first-quarter results, sees revs above view (Reuters) - Discovery Communications Inc posted higher revenue and profit in the first quarter as its cable television networks grabbed better U.S. and international ratings, and forecast annual revenue above estimates. HSBC profits nearly double as costs and bad debts fall LONDON (Reuters) - HSBC aims to keep the pressure on costs after first-quarter earnings nearly doubled due to the bank's three-year efficiency drive and a halving in bad debts charges. IMF's Lagarde urges all euro members to push for banking union AMSTERDAM (Reuters) - For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday. Related Video Wealth Strategies: Nothing exciting on tech horizon-Hennessy U.S. Morning Call: Disney profit, forecast to see boost Economic News Business group says imports actually support U.S. jobs Job market resilience eases growth concerns 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