Business Today: Stock futures turn higher, helped by financials

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	07/21/2011
Good Morning Aron LATEST NEWS Stock futures turn higher, helped by financials NEW YORK (Reuters) - Stock index futures turned higher on Thursday after Morgan Stanley reported a narrower-than-expected quarterly loss. | Full Article Jobless claims rise above expectations July 21, 2011 08:34 AM ET WASHINGTON (Reuters) - New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, pointing to a labor market that is struggling to regain momentum after job growth faltered in the last two months. | Full Article Morgan Stanley beats second-quarter expectations July 21, 2011 08:30 AM ET NEW YORK (Reuters) - Morgan Stanley reported better-than-expected second-quarter results on Thursday as the U.S. investment bank outperformed rivals in tough trading conditions. | Full Article Express Scripts to buy Medco for $29 billion July 21, 2011 07:51 AM ET NEW YORK (Reuters) - Express Scripts Inc will buy rival Medco Health Solutions Inc for $29.1 billion in cash and stock to create a powerhouse in managing prescription drug benefits in the United States, the companies said on Thursday. | Full Article ECB said to accept temporary Greek default in rescue July 21, 2011 08:29 AM ET BERLIN/BRUSSELS (Reuters) - The European Central Bank is willing to let Greece slip into temporary default as part of a crisis response that would involve a bond buyback but no new tax on banks, EU sources said on Thursday. | Full Article US TOP NEWS As default looms, pressure grows to end impasse July 21, 2011 01:03 AM ET WASHINGTON (Reuters) - The White House signaled on Wednesday it could support a short-term increase in the U.S. borrowing limit for "a few days" if lawmakers agreed to a broad deficit reduction deal but needed more time to pass it. | Full Article Global slowdown signs strengthen, debt crisis weighs July 21, 2011 08:22 AM ET LONDON (Reuters) - Growth ground to a halt in the euro zone's private sector this month while China's factory sector contracted for the first time in a year, surveys showed on Thursday, deepening evidence of a sharp slowdown in the global economy. | Full Article Cash records, email suggest Coulson knew of bribes: source July 21, 2011 08:27 AM ET LONDON (Reuters)- Scotland Yard investigators have cryptic financial records corroborating suspicions that former News of the World editor Andy Coulson knew about illegal payments to police officers, a source with knowledge of the matter told Reuters. | Full Article Exclusive: Fed planning for potential default July 20, 2011 05:07 PM ET PHILADELPHIA (Reuters) - The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14.3 trillion borrowing limit looms, a top Fed policymaker said on Wednesday. | Full Article States negotiating immunity for banks over foreclosures July 20, 2011 06:24 PM ET NEW YORK (Reuters) - State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents. | Full Article HEALTH NEWS Lung problems found in Iraq, Afghanistan veterans Fewer people see heavy smoking as high risk: survey Benefit of MS drugs comes at steep price: study Offer women mammograms from age 40: doctor's group Special report: With Alzheimer's in the genes, when do you test? RELATED VIDEO Inside the News: Investors bank on euro zone breakthrough Richard Muller picks expensive European stocks Roche raises earnings goal as cuts kick in 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 Dog bites shark and goes viral Full Article Curiosity seekers in U.S. pay to spend night in jail Men who buy sex commit more crimes, U.S. study finds Fatter and fewer German nudists as numbers dwindle Man survives in trunk after car plunges into river Live mannequins in Milan shop window anger union - 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