Business Today: Futures climb ahead of data on jobs, manufacturing

Click to View in Browser 03/15/2012 Futures climb ahead of data on jobs, manufacturing NEW YORK (Reuters) - Stock index futures advanced on Thursday, indicating the S&P 500 may resume its march higher ahead of data on the labor market and a report on regional manufacturing. Jobless claims back at four-year lows WASHINGTON (Reuters) - New claims for unemployment benefits fell back to a four-year low last week, a government report showed on Thursday, suggesting further strengthening in the labor market. Cisco to buy software developer NDS for $5 billion (Reuters) - Cisco Systems said on Thursday it will buy NDS, a developer of software for multi-channel television networks, for $5 billion. China's BoCom raises $8.9 billion in private placement HONG KONG/SHANGHAI (Reuters) - China's fifth-largest lender, Bank of Communications Co Ltd , will raise $8.9 billion to meet tighter capital requirements by placing shares with existing shareholders such as HSBC and the country's finance ministry. Departing Goldman banker slams "rip-off" culture LONDON/NEW YORK (Reuters) - Goldman Sachs faced an unprecedented assault from one of its own on Wednesday after a banker published a withering resignation letter in the New York Times, calling the Wall Street titan a "toxic" place where managing directors referred to their own clients as "muppets." Greek jobless rate hits new record in Q4 ATHENS (Reuters) - Greece's jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2011, reflecting the country's deep economic malaise, exacerbated by austerity to repair public finances and emerge from a debt crisis. Finnish government forces overhaul of Finnair board HELSINKI (Reuters) - Finland's government is forcing the country's flag carrier Finnair to overhaul its board after a scandal over executives' benefits, a minister said on Thursday. United Therapeutics sues Sandoz over hypertension drug (Reuters) - United Therapeutics Corp said it filed a lawsuit against Novartis AG's generic unit Sandoz, alleging infringement of the biotechnology company's patent on its pulmonary hypertension drug. Russia to sell $6 billion stake in Sberbank MOSCOW (Reuters) - Russia's biggest lender Sberbank plans to start a roadshow for the sale of a $6 billion government stake on April 16, in a move that underscores its arrival as a major player in a European industry decimated by the global financial crisis. EU watchdog allows U.S. ratings use in Europe LONDON (Reuters) - The European Union's markets watchdog said on Thursay it would allow the continued use of U.S. credit ratings in the 27-nation bloc. Related Video Boardroom guru lifts lid on "Black Box" huddles Breakingviews: Take guesswork out of Libor Economic News A little extra inflation would backfire: Volcker Jobless claims back at four-year lows A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 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