jueves, 4 de febrero de 2010

Business Today: Stock futures add declines after jobless data

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Good Morning Aron, THU 04 Feb 2010 
 
Stock futures add declines after jobless data
Toyota's $2 billion recall hit to keep it in the red
Jobless claims unexpectedly rose last week
Shell to slash downstream as Q4 profits collapse
GMAC posts $5 billion Q4 loss
January retail sales move into positive territory
Sony boosts outlook after first profit in 5 quarters
Locke says enforcement will help U.S. double exports
Cisco trounces estimates, sees strong recovery
Oil slips towards $76 as demand lags economic recovery


Stock futures add declines after jobless data
February 04, 2010 08:36 AM ET
NEW YORK (Reuters) - U.S. stock index futures extended declines on Thursday after data showed initial claims for jobless benefits unexpectedly rose last week.

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Toyota's $2 billion recall hit to keep it in the red
February 04, 2010 07:32 AM ET
TOKYO/WASHINGTON (Reuters) - Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.

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Jobless claims unexpectedly rose last week
February 04, 2010 08:35 AM ET
WASHINGTON (Reuters) - The number of workers filing new applications for jobless benefits unexpectedly rose last week, according to a government report on Thursday that pointed to a labor market still under stress even as the economy grows.

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Shell to slash downstream as Q4 profits collapse
February 04, 2010 07:26 AM ET
LONDON (Reuters) - Royal Dutch Shell Plc said it planned even deeper cuts to its oil refining and retail operations after downstream weakness caused a 75 percent fall in fourth-quarter profits to $1.18 billion.

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GMAC posts $5 billion Q4 loss
February 04, 2010 08:16 AM ET
NEW YORK (Reuters) - GMAC Financial Services, a lender that has received more than $16 billion from the U.S. government across multiple bailouts, said it lost $5 billion in the fourth quarter after writing down bad mortgage assets.

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January retail sales move into positive territory
February 04, 2010 07:55 AM ET
NEW YORK (Reuters) - January sales at top U.S. retail chains moved into positive territory from last year's decline as many avoided drastic clearance sales and shoppers redeemed holiday gift cards.

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Sony boosts outlook after first profit in 5 quarters
February 04, 2010 06:58 AM ET
TOKYO (Reuters) - Sony Corp's first profit in five quarters showed a restructuring at the electronics maker is starting to pay off as it halved its annual loss forecast on a rebound in its flat-TV business and cost cuts.

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Locke says enforcement will help U.S. double exports
February 04, 2010 06:19 AM ET
WASHINGTON (Reuters) - Tough enforcement of trade agreements will help the United States meet President Barack Obama's goal of doubling exports during the next five years, Commerce Secretary Gary Locke said on Thursday.

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Cisco trounces estimates, sees strong recovery
February 03, 2010 08:26 PM ET
NEW YORK (Reuters) - Cisco Systems Inc's quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery.

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Oil slips towards $76 as demand lags economic recovery
February 04, 2010 07:52 AM ET
LONDON (Reuters) - Oil fell toward $76 a barrel on Thursday as rising crude inventories in the United States signaled a rebound in U.S. economic activity was failing to translate into higher demand.

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