Business Today: U.S. non-transport durable goods orders fall in bad sign for investment

		Click to View in Browser 10/25/2013 U.S. non-transport durable goods orders fall in bad sign for investment WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods outside of transportation equipment fell in September in a possible sign companies were holding back on investments due to uncertainty over government spending. Procter & Gamble profit meets expectations (Reuters) - Procter & Gamble Co's quarterly profit met Wall Street's expectations on Friday helped by growth overseas, cost cuts and a lower tax rate, and the world's largest household products maker maintained its financial forecasts for the year. Stock futures tick up, with earnings, data in focus NEW YORK (Reuters) - U.S. stock index futures edged up on Friday, holding near record highs, supported by results from companies such as Amazon and Microsoft. Twitter IPO pegs valuation at modest $11 billion SAN FRANCISCO (Reuters) - Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. UPS posts bigger quarterly profit, sees strong holiday volumes (Reuters) - United Parcel Service Inc posted a bigger quarterly profit, led by increased demand in domestic ground shipments, and the courier company said it expects online sales to boost holiday volume. Glencore, Sumitomo buy Rio coal mine stake for $1 billion MELBOURNE/LONDON (Reuters) - Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, pushing ahead with plans to focus on larger, core operations. Japan industrial output expected to recover on domestic demand TOKYO (Reuters) - Japanese industrial output is expected to have rebounded in September, fuelled by strong domestic demand and business investment, a Reuters poll showed, highlighting the strength of the economy as government policies bolster growth. UK economy accelerates to fastest growth since 2010 LONDON (Reuters) - Britain's economy picked up more speed between July and September, growing at its fastest pace in more than three years and building on an unexpected turnaround that has buoyed the government. Serco CEO quits after government contract scandal LONDON (Reuters) - Serco, the global outsourcing firm battling to save its relationship with the British government after a series of scandals, said its chief executive had quit as part of a major reorganisation aimed at restoring its reputation. Exclusive- Boeing gets $20.7 billion worth of 737 Max commitments from China: sources SINGAPORE (Reuters) - Boeing Co has secured commitments for around 200 of its 737 Max aircraft, the upgraded variant of its best-selling short-haul planes, from multiple Chinese customers, said two sources familiar with the deals. Related Video Latvia psychologically ready for euro - central bank chief Breakingviews: Carney's faith in financial regulation Economic News U.S. non-transport durable goods orders fall in bad sign for investment Yellen lining up meetings with senators ahead of Fed hearing 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