Business Today: Stock futures higher on Apple, solid euro zone data

		Click to View in Browser 07/24/2013 Stock futures higher on Apple, solid euro zone data NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as Apple shares gained a day after the tech company reported stronger-than-expected results, while solid euro-zone economic data boosted market sentiment. Dell founder raises bid to $13.75 per share, seeks to ease voting rules (Reuters) - Dell Inc said founder Michael Dell and private equity partner Silver Lake raised their buyout offer for the PC maker by 10 cents per share and were seeking to ease the voting requirements. Boeing profit jumps as commercial plane sales soar (Reuters) - Boeing Co posted a better-than-expected 13 percent jump in quarterly profit after delivering more commercial jets, shrugging off concerns about the 787 Dreamliner and sending its shares up 2 percent to an all-time high in premarket trading. Caterpillar cuts outlook on lower sales, plans more cost cuts (Reuters) - Caterpillar Inc on Wednesday reported a 43.5 percent drop in quarterly profit and cut its outlook for the year, saying its dealers were still reducing inventories and demand was weak from the mining industry. PepsiCo beats Street; CFO backs current portfolio (Reuters) - PepsiCo Inc reported higher-than-expected quarterly earnings on Wednesday, as price increases and productivity improvements helped margins. Ford posts better-than-expected second-quarter, boost outlook DETROIT (Reuters) - Ford Motor Co , maker of the top-selling F-150 pickup truck, reported a better-than-expected second-quarter profit on Wednesday, buoyed by truck sales, higher vehicle prices and stronger results outside the core North American operations. Lilly beats forecast, helped by soon-fading Cymbalta (Reuters) - Eli Lilly and Co reported higher-than-expected quarterly earnings, helped by cost cuts and strong sales of Cymbalta, a depression treatment that will lose patent protection by year end, and the drugmaker raised its full-year profit forecast. Strong iPhone sales buoy Apple's third quarter, shares climb SAN FRANCISCO (Reuters) - Sales of Apple Inc's iPhone trumped Wall Street estimates after U.S. shipments soared 51 percent in the third quarter, lifting its stock 5 percent even as profit fell. GSK warns China corruption scandal will hit business LONDON (Reuters) - A "shameful" corruption scandal in China will inevitably impact GlaxoSmithKline's business, the British drugmaker's chief executive said on Wednesday, adding he was ready to go to Beijing "at the right moment". Tourre trial jurors set to hear from Tourre NEW YORK (Reuters) - Fabrice Tourre, the former Goldman Sachs trader accused of secretly helping the hedge fund of billionaire John Paulson construct a $2 billion deal it could bet against in 2007, is set to testify Wednesday in his civil fraud trial. Related Video Wealth Strategies: Facebook may be down, but it's not out U.S. Morning Call: Facebook on the frontline; iPhone high Economic News Obama eyeing Fed's Raskin for No. two post at Treasury: source Mortgage rates fall for first time since May: MBA 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