Business Today: Wall St. set to edge higher after rout; data on tap

		Click to View in Browser 02/3/2014 Wall St. set to edge higher after rout; data on tap NEW YORK (Reuters) - Wall Street was poised to edge up on Monday, ahead of data on the housing and manufacturing sectors, after the S&P 500 closed its worst month since May 2012 on Friday. China, France drag on global manufacturing revival LONDON/BEIJING (Reuters) - Manufacturers around the world enjoyed a solid start to the year as order books swelled, surveys showed on Monday, though a struggle for growth in China and a downturn in France took the shine off the overall picture. Herbalife sees fourth-quarter profit above estimates (Reuters) - Nutrition and weight loss company Herbalife Ltd estimated fourth-quarter profit and sales above analysts' expectations, sending its shares up 4 percent in premarket trading. Chrysler U.S. January sales up 8 percent on Jeep strength DETROIT (Reuters) - Chrysler Group's U.S. January sales rose 8 percent on the strength of its Jeep and Ram truck brands. Julius Baer misses profit view as U.S. tax probe weighs ZURICH (Reuters) - Julius Baer suffered a double blow on Monday as yearly earnings fell short of expectations and clients transferring from recently acquired Merrill funds were set to reach only the low end of its target range. Nestle sells PowerBar and Musashi to U.S. group Post Holdings LONDON/ZURICH (Reuters) - Food group Nestle is selling its sports nutrition business under the PowerBar and Musashi brands to U.S. group Post Holdings , the Swiss company said, in its drive to shed underperforming assets. DOJ probes finance firms' dealings with Libya: WSJ (Reuters) - The U.S. Department of Justice is investigating banks, private equity firms and hedge funds that may have violated anti-bribery laws in their dealings with Libya's government-run investment fund, the Wall Street Journal reported, citing people familiar with the matter. Goldman bets on Russian consumer with fitness deal MOSCOW (Reuters) - Investment bank Goldman Sachs Group Inc is increasing its investment in an upscale chain of fitness clubs founded by a Russian former fencer, betting lifestyle spending will grow despite an economic slowdown and slide in the rouble currency. Lloyds Bank disappoints on dividend after mis-selling charge LONDON (Reuters) - Lloyds Banking Group dashed investors' hopes of receiving a dividend for 2013 after it took a further 1.8 billion pound ($3 billion) mis-selling charge that will blunt its ability to make shareholder payouts until next year. Japan's top three banks poised to benefit from spurt in domestic loan growth TOKYO (Reuters) - Japan's biggest banks, flush with cash from a year-long stock market rally, are poised to benefit this year from a spurt in loan growth at home fuelled by the economic stimulus measures of Prime Minister Shinzo Abe. Related Video More mis-selling misery for Lloyds Is Ryanair's customer focus paying off? Economic News China, France drag on global manufacturing revival German manufacturing grows in January at fastest rate since May 2011: PMI 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