Business Today: Futures turn negative after Empire State data

		Click to View in Browser 02/18/2014 Futures turn negative after Empire State data NEW YORK (Reuters) - Stock futures turned negative on Tuesday after data showed manufacturing activity in New York state slowed in February. Actavis to buy Forest Labs in $25 billion deal (Reuters) - Generic drugmaker Actavis Plc said it would acquire specialty pharmaceuticals company Forest Laboratories Inc in a cash and stock deal it valued at about $25 billion. Coca-Cola reports weaker-than-expected sales (Reuters) - Coca-Cola Co's global sales volumes rose less than it expected in the fourth quarter and fell in North America, sending its shares down almost 2 percent in premarket trading. Pratt, GE battle over billions in jet engine orders NEW YORK (Reuters) - As the next generation of narrow-body airplanes takes to the skies later this year, makers of the new fuel-efficient engines that power them are battling for market share. German investor morale drops unexpectedly in February MANNHEIM, Germany (Reuters) - German analyst and investor sentiment fell in February due to concerns that the economic upturn in the United States could lose steam and worries about emerging market economies' prospects in the medium-term, a survey showed on Tuesday. European car sales up on gains in former crisis countries FRANKFURT (Reuters) - European car sales rose 5.2 percent in January, with increases in previously crisis-hit countries such as Greece, Ireland, Italy and Portugal suggesting a recovery is gaining strength. China January foreign direct investment rises in sign of confidence BEIJING (Reuters) - China drew $10.76 billion in foreign direct investment (FDI) in January, up 16.1 percent from a year earlier, the Commerce Ministry said on Tuesday, a sign that confidence in the world's second-largest economy remains firm even as growth cools. ECB's Praet says reforms could see euro zone growth surprise on upside LISBON (Reuters) - The European Central Bank has played a key role in stabilizing the euro zone but governments must now keep up economic reforms to allow growth in the bloc to "surprise on the upside", a top ECB policymaker said on Tuesday. Exclusive: Temasek seeks to sell $3.1 billion stake in Thailand's Shin Corp to SingTel - sources SINGAPORE/HONG KONG (Reuters) - Singapore state investor Temasek Holdings Pvt Ltd is seeking to sell its $3.1 billion stake in Thai telecom company Shin Corp and has approached its SingTel unit as a possible buyer, people familiar with the matter said. Bank of Japan holds fire despite soft GDP, expands loan programs TOKYO (Reuters) - The Bank of Japan maintained its expansionary monetary policy on Tuesday and extended special loan programs to help buoy economic growth, signaling its resolve to keep the positive mood generated by premier Shinzo Abe's reflationary policies from fading. Related Video Breakingviews: FX market isn't fit for purpose M&S boss must fix catwalk or walk the plank Economic News Russian central bank lowers mid-term growth forecasts, warns on weaker rouble NY manufacturing growth slows in February: NY Fed 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