Business Today: Jobless claims rise modestly in latest week

		Click to View in Browser 07/25/2013 Jobless claims rise modestly in latest week WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose slightly last week in a sign the U.S. labor market continues to improve at a moderate pace. GM profit beats on strong U.S. demand, smaller loss in Europe DETROIT (Reuters) - General Motors Co on Thursday posted a higher-than-expected quarterly profit on strong demand in North America and cost-cutting in its struggling European business. Stock futures down on earnings concerns, profit-taking NEW YORK (Reuters) - Stock index futures fell on Thursday as recent earnings from some bellwether shares triggered concerns, while investors worried about the impact on global demand of China's slowdown. Dow Chemical profit tops estimates on pesticide demand (Reuters) - Dow Chemical Co's adjusted quarterly profit jumped 16 percent, topping analysts' estimates, driven by robust demand for a new line of crop protection products. 3M posts slight profit gain, boosts share buyback plan (Reuters) - Diversified U.S. manufacturer 3M Co posted a slightly higher quarterly profit on Thursday, helped by revenue increases across most of its business lines, and raised the number of shares it expects to buy back this year. Daimler to take stake in Aston Martin through partnership LONDON/BERLIN (Reuters) - Aston Martin on Thursday said it had entered into a technical partnership with German carmaker Mercedes to help it to develop a new generation of models with V8 engines. D.R. Horton profit beats estimates on higher home prices (Reuters) - Homebuilder D.R. Horton Inc reported a better-than-expected profit as it sold more homes at higher prices in quarter ended June. Hershey's profit rises on strong demand, lower costs (Reuters) - Hershey Co on Thursday reported an 18 percent jump in second-quarter earnings and raised its outlook for the year, boosted by a stronger demand for Reese's, Kit Kat and Ice Breakers candy as well as lower commodity costs. Unilever turns cautious on emerging markets LONDON (Reuters) - Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations. Harley-Davidson posts higher profit as U.S. demand rebounds CHICAGO (Reuters) - Harley-Davidson Inc posted higher quarterly profit on Thursday, lifted in part by a modest rebound in demand for its motorcycles in the United States, its No. 1 market. Related Video Wealth Strategies: Mini-Icahns getting deals done in tech South Africa's answer to Chavez? Economic News Jobless claims rise modestly in latest week Business spending plans, durable goods orders rise 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