Business Today: Stock futures dip on caution ahead of Fed statement

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	06/22/2011
Good Morning Aron LATEST NEWS Stock futures dip on caution ahead of Fed statement NEW YORK (Reuters) - Stock index futures dipped on Wednesday as investors were cautious on what direction the Federal Reserve would take to deal with renewed weakness in the economy. | Full Article FedEx profit rises, sees robust 2012 June 22, 2011 08:10 AM ET NEW YORK (Reuters) - FedEx Corp reported a strong fourth-quarter profit on Wednesday despite fuel and economic challenges and forecast robust 2012 earnings. | Full Article PIMCO's El-Erian predicts Greece, others will default June 22, 2011 08:00 AM ET TAIPEI (Reuters) - The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the euro area deals with its debt crisis. | Full Article Pressure stays on Greeks to avoid default June 22, 2011 08:29 AM ET ATHENS (Reuters) - Europe kept up the pressure on Greece to push forward with a painful austerity program on Wednesday after the government jumped a crucial hurdle in averting the euro zone's first debt default. | Full Article Mortgage applications declined last week: MBA June 22, 2011 07:05 AM ET NEW YORK (Reuters) - Applications for home mortgages fell last week, after a sharp bounce the week before, as refinance demand dropped and interest rates rose, an industry group said on Wednesday. | Full Article US TOP NEWS Obama to unveil plan to withdraw troops from Afghanistan June 22, 2011 08:02 AM ET WASHINGTON (Reuters) - President Barack Obama was set to unveil on Wednesday his plan to start bringing U.S. troops home from Afghanistan, a first step toward ending a decade-long war that is increasingly unpopular in the United States. | Full Article Fed won't act soon on weak economy June 22, 2011 02:04 AM ET WASHINGTON (Reuters) - The Federal Reserve will likely acknowledge renewed weakness in the U.S. economy in a post-meeting policy statement on Wednesday, but don't expect policymakers to do anything about it any time soon. | Full Article Airbus set to unveil record plane order June 22, 2011 07:59 AM ET LE BOURGET, France, June 22 - Airbus was set to announce a record $16 billion plane order at the Paris Air Show on Wednesday as the EADS unit racks up sales of a revamped version of its top-selling single-aisle aircraft. | Full Article JPMorgan to pay $153.6 million in SEC fraud case June 22, 2011 03:58 AM ET WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors who bought mortgage securities sold just before the nation's housing market collapsed. | Full Article Special Report: Europe's other crisis June 22, 2011 08:22 AM ET CALAIS, France (Reuters) - Like tens of thousands of migrants who have crossed the Mediterranean in the six months since the beginning of the Arab Spring, Yohanes came looking for a safer, more prosperous life. The 25-year-old Eritrean had been living in Libya for four years and planned to stay; violence forced him into a smuggler's boat and a perilous sea voyage to Europe. | Full Article HEALTH NEWS U.S. releases graphic tobacco warning labels Merck KGaA pulls plug on cladribine on FDA feedback Senators probe Medtronic and surgeons: report Doctors seek standardized patient records Smoking in pregnancy cuts child's good cholesterol RELATED VIDEO Qantas hit hard by natural disasters HEDGE FUND SUMMIT: Gaia Capital World Agri Fund Down Around 12% YTD Greek vote lifts Asian markets A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 ODDLY ENOUGH Boeing rights a wrong: the flight attendant button Full Article Study: Women dig dudes driving hot cars Ice cream chain sues over TV report criticizing product Village bites into snake business Thousands in Portland take to bikes for naked ride Erection-boosting condom gets EU backing - 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