miércoles, 11 de agosto de 2010

Business Today: Stock futures slump on Fed's gloomier outlook

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Good Morning Aron, WED 11 Aug 2010 
 
Stock futures slump on Fed's gloomier outlook
Trade gap widens sharply in June
Setback for BlackBerry in India
GM results to show gain over first quarter
Macy's shares rise after results
Three months on, impact of "flash crash" probed
Record low mortgage rates do little for demand
U.S. review of Toyota recorders finds no new defects
Japan debt safer than U.S. debt: China economist
Disney profit beats expectations


Stock futures slump on Fed's gloomier outlook
August 11, 2010 08:30 AM ET
NEW YORK (Reuters) - Stock index futures dropped sharply on Wednesday as weaker manufacturing data in China and a gloomier economic outlook from the Federal Reserve led to mounting concerns about the health of the global economy.

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Trade gap widens sharply in June
August 11, 2010 08:36 AM ET
WASHINGTON (Reuters) - The U.S. trade deficit widened a surprising 18.8 percent in June on a surge of consumer goods from China and other suppliers, while U.S. exports fell, a government report showed on Wednesday.

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Setback for BlackBerry in India
August 11, 2010 08:24 AM ET
NEW DELHI (Reuters) - India may temporarily shut down BlackBerry services if security concerns are not addressed in a meeting on Thursday, sources said, in a signal the Canadian firm's tussle with authorities around the world is far from over.

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GM results to show gain over first quarter
August 11, 2010 08:24 AM ET
NEW YORK/DETROIT (Reuters) - General Motors Co is preparing to report second-quarter results that will show a substantial gain over the first quarter in a report it will use to bolster its bid to return to capital markets and pay back taxpayers, two people familiar with the matter said.

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Macy's shares rise after results
August 11, 2010 08:12 AM ET
NEW YORK (Reuters) - Shares of Macy's Inc rose in premarket trading on Wednesday, last trading up 1.9 percent to $19.77, after the company reported quarterly results.

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Three months on, impact of "flash crash" probed
August 11, 2010 08:21 AM ET
WASHINGTON (Reuters) - Money managers academics and regulators are slated to converge here on Wednesday to discuss the "flash crash" that three months ago sent the stock market plunging 700 points within minutes and shook investors' confidence.

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Record low mortgage rates do little for demand
August 11, 2010 07:17 AM ET
NEW YORK (Reuters) - Home loan demand climbed last week but record low mortgage rates failed to light a fire in a market constrained by unemployment and tight lending practices.

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U.S. review of Toyota recorders finds no new defects
August 11, 2010 07:33 AM ET
WASHINGTON (Reuters) - A key element of the U.S. government's investigation of Toyota Motor Corp electronic throttles and other systems found no defects beyond what is known to explain crashes blamed on unintended acceleration, the Transportation Department said on Tuesday.

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Japan debt safer than U.S. debt: China economist
August 11, 2010 07:42 AM ET
BEIJING (Reuters) - China has been buying record amounts of Japanese government debt because it is less risky than U.S. debt, at least in the short term, a Chinese government economist said on Wednesday.

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Disney profit beats expectations
August 11, 2010 07:03 AM ET
LOS ANGELES (Reuters) - Hit movies like "Toy Story 3" and higher advertising sales lifted Walt Disney Co's quarterly profit above Wall Street's expectations despite dwindling theme park attendance in the United States.

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