viernes, 12 de febrero de 2010

Business Today: Futures down after China ups bank reserve levels

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Good Morning Aron, FRI 12 Feb 2010 
 
Futures down after China ups bank reserve levels
China surprises with further rise in banks' reserves
Retail sales stronger than expected in January
Greek slump threatens debt plan, EU aid elusive
Toyota chief plans U.S. trip as Congress seeks answers
Discover settles Morgan Stanley suit for $775 million
Forex pressures weigh on PepsiAmericas Q4, misses St
Ingersoll-Rand profit below Wall Street view
German halt, Italian reverse hit euro zone recovery
Madoff's brother, sons subject of criminal tax-fraud cases: WSJ


Futures down after China ups bank reserve levels
February 12, 2010 08:08 AM ET
NEW YORK (Reuters) - Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.

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China surprises with further rise in banks' reserves
February 12, 2010 07:57 AM ET
BEIJING (Reuters) - China raised the level of reserves banks must hold for the second time this year on Friday, spooking financial markets on the eve of its New Year holiday by showing it was intent to curb lending and inflation.

Full Article
Retail sales stronger than expected in January
February 12, 2010 08:33 AM ET
WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in January as strong receipts from sporting goods, general merchandise, electronic and appliance stores offset flat purchases of motor vehicles, government data showed on Friday.

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Greek slump threatens debt plan, EU aid elusive
February 12, 2010 07:30 AM ET
ATHENS (Reuters) - Greece's economy shrank more than feared last quarter and the government on Friday sharply revised down its figures for the previous three quarters as well, increasing doubts over its ability to resolve its debt crisis.

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Toyota chief plans U.S. trip as Congress seeks answers
February 12, 2010 08:08 AM ET
TOKYO/DETROIT (Reuters) - Toyota Motor said on Friday its embattled head is planning a U.S. trip early next month but would not confirm whether he would attend congressional hearings probing the automaker's safety recalls.

Full Article
Discover settles Morgan Stanley suit for $775 million
February 12, 2010 08:35 AM ET
NEW YORK (Reuters) - Discover Financial Services paid Morgan Stanley $775 million to settle claims related to sharing proceeds from an antitrust suit against credit card networks Visa Inc and MasterCard Inc , according to a regulatory filing on Friday.

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Forex pressures weigh on PepsiAmericas Q4, misses St
February 12, 2010 08:10 AM ET
(Reuters) - Bottler PepsiAmericas Inc , which is being bought by PepsiCo Inc , posted a lower-than-expected quarterly profit, hurt by forex pressures.

Full Article
Ingersoll-Rand profit below Wall Street view
February 12, 2010 07:38 AM ET
BOSTON (Reuters) - Ingersoll-Rand Plc posted fourth-quarter earnings that missed Wall Street's expectations as weak nonresidential construction activity hit demand for heating and cooling systems.

Full Article
German halt, Italian reverse hit euro zone recovery
February 12, 2010 07:37 AM ET
PARIS (Reuters) - Europe's post-recession recovery hit a roadblock on Friday as German economic growth unexpectedly halted and Italy went into reverse in the final quarter of 2009, knocking total euro zone GDP growth almost flat.

Full Article
Madoff's brother, sons subject of criminal tax-fraud cases: WSJ
February 12, 2010 07:07 AM ET
(Reuters) - The brother and sons of imprisoned swindler Bernard Madoff are the subject of criminal tax-fraud cases by federal prosecutors in Manhattan, the Wall Street Journal reported, citing people familiar with the matter.

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