miércoles, 18 de agosto de 2010

Business Today: Stock futures edge up as technical levels eyed

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Good Morning Aron, WED 18 Aug 2010 
 
Stock futures edge up as technical levels eyed
BHP goes hostile on $39 billion Potash Corp bid
Deere profit tops expectations
Target posts higher quarterly profit
GM to list on NYSE, TSX after IPO: source
New details on HP upheaval as CEO looks ahead
BJ's Wholesale cuts full-year forecast
Dell CEO gets fewest investor votes in election
Bank of England voted 8-1 for no rate move in August
Home refinancing demand at highest in 15 months


Stock futures edge up as technical levels eyed
August 18, 2010 08:26 AM ET
NEW YORK (Reuters) - Stocks index futures edged higher on Wednesday as the S&P 500 struggled to make a sustained move above a key technical level amid continued concerns about the health of the economy.

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BHP goes hostile on $39 billion Potash Corp bid
August 18, 2010 08:11 AM ET
MELBOURNE/NEW YORK (Reuters) - BHP Billiton, the world's biggest miner, launched a hostile $39 billion bid for Potash Corp after the Canadian fertilizer group's board rejected this year's biggest takeover offer.

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Deere profit tops expectations
August 18, 2010 08:37 AM ET
NEW YORK (Reuters) - Deere & Co reported better-than-expected quarterly results on Wednesday, lifted by robust demand for its biggest tractors and harvesters in the United States, where surging commodity prices are lifting farmer income and sentiment.

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Target posts higher quarterly profit
August 18, 2010 07:51 AM ET
CHICAGO (Reuters) - Target Corp posted higher quarterly earnings, helped by sales of more profitable items like clothing and improved profit at its credit card business.

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GM to list on NYSE, TSX after IPO: source
August 18, 2010 08:35 AM ET
NEW YORK (Reuters) - General Motors Co will list its shares on two global exchanges after an upcoming stock offering dubbed "Project Dawn," intended to pay back a portion of its government bailout, a source familiar with the situation said on Wednesday.

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New details on HP upheaval as CEO looks ahead
August 18, 2010 12:25 AM ET
SAN FRANCISCO (Reuters) - Former Hewlett Packard Co contractor Jodie Fisher alleged that she lost work from the company because she did not have sex with ex-CEO Mark Hurd, a source with knowledge of the matter told Reuters on Tuesday.

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BJ's Wholesale cuts full-year forecast
August 18, 2010 07:42 AM ET
CHICAGO (Reuters) - BJ's Wholesale Club Inc said full-year earnings would fall below analysts' estimates as it expects merchandise sales to be less than its previous forecast.

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Dell CEO gets fewest investor votes in election
August 18, 2010 06:27 AM ET
NEW YORK (Reuters) - Michael Dell, founder of computer maker Dell Inc , was reelected to his company's board this month with more than a quarter of the votes withholding support for his election, reflecting investor displeasure with his tenure as CEO.

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Bank of England voted 8-1 for no rate move in August
August 18, 2010 06:49 AM ET
LONDON (Reuters) - Bank of England policymakers considered the case for both easing and tightening policy this month, before voting eight to one to keep interest rates at a record low of 0.5 percent, minutes showed on Wednesday.

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Home refinancing demand at highest in 15 months
August 18, 2010 08:36 AM ET
NEW YORK (Reuters) - Mortgage applications leaped last week as rock-bottom rates lifted demand for home refinancing loans to its highest level in 15 months, the Mortgage Bankers Association said on Wednesday.

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