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| | | 07/12/2013 | | | | | | | | | | WASHINGTON (Reuters) - Producer prices rose more than expected in June, pointing to an apparent increase in inflationary pressures that could make the U.S. Federal Reserve more comfortable about reducing its monetary stimulus. | | | | | | NEW YORK (Reuters) - S&P 500 stock index futures turned slightly lower Friday after United Parcel Service said it was trimming its full-year outlook. | | | | | | | (Reuters) - Federal Reserve officials are considering moving the goal posts on U.S. monetary policy with a promise to keep interest rates low for longer in the hopes of heading off a troubling rise in market-set borrowing costs. | | | | | | | (Reuters) - Wells Fargo & Co , the biggest U.S. mortgage lender, reported a higher-than-expected 20 percent rise in quarterly profit on Friday as it set aside less money to cover bad loans. | | | | | | | (Reuters) - JPMorgan Chase & Co reported a 31 percent rise in quarterly profit on Friday as trading revenue rebounded and the biggest U.S. bank by assets set aside less money to cover bad loans. | | | | | | | (Reuters) - United Parcel Service Inc , the world's No.1 package delivery company, estimated second-quarter profit below analysts' expectations, hurt by overcapacity in the global air freight market and a slowing U.S. industrial economy. | | | | | (Reuters) - Chinese cellphone chip designer Spreadtrum Communications Inc will be acquired by a unit of government-owned Tsinghua Holdings Co Ltd for a raised offer price of about $1.78 billion. | | | | | LONDON/PARIS (Reuters) - Hopes of a bid battle powered Invensys shares to a ten-year high on Friday, after the British engineer said it had received a 3.3 billion pound ($5 billion) takeover proposal from France's Schneider Electric . | | | | | | LISBON (Reuters) - Portuguese Prime Minister Pedro Passos Coelho said on Friday he is ready to overcome differences with his coalition partner and the opposition Socialists to resolve a political crisis as requested by the country's president. | | | | | | (Reuters) - Michael Dell and private equity firm Silver Lake are looking increasingly likely to get shareholder approval to take Dell Inc private in a $24.4 billion deal. But agitator Carl Icahn still sees room to gamble. | | | | | | | 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 | | | | | | | |
This blog offers a compilation of recent news and world events given by RSOE-Emergency and Disaster Information Service, Reuters News Agency, BBC News , CNN International and Al Jezeera News