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Wednesday, October 19, 2011

Before the Bell: Apple earnings miss drags on Nasdaq futures

Reuters
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10/19/2011
News Good Morning
LATEST NEWS
Apple earnings miss drags on Nasdaq futures
NEW YORK (Reuters) - Nasdaq index futures fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the broader market was little changed after a big run-up in the last session on a report Europe may beef up its crisis fund. | Full Article
Spain downgrade adds pressure, Merkel & Sarkozy to talk
October 19, 2011 07:20 AM ET
BRUSSELS/MADRID (Reuters) - A double-notch downgrade of Spain's credit rating has piled pressure on European leaders to make convincing progress on solving the region's debt crisis at an October 23 summit. | Full Article
Morgan Stanley swings to profit
October 19, 2011 07:47 AM ET
(Reuters) - Morgan Stanley swung to a $2.15 billion profit in the third quarter, helped by a large accounting gain, even as core revenue in trading, banking and wealth management operations fell. | Full Article
Wait for new iPhone hits Apple results
October 19, 2011 06:28 AM ET
SAN FRANCISCO (Reuters) - Apple Inc stunned Wall Street with quarterly results that missed expectations for the first time in years as customers held off buying iPhones until the October launch of the latest version. | Full Article
Mortgage applications slumped last week: MBA
October 19, 2011 07:01 AM ET
NEW YORK (Reuters) - Applications for U.S. home mortgages tumbled nearly 15 percent last week as demand for both refinancing and purchases evaporated, while interest rates climbed, an industry group said on Wednesday. | Full Article
US TOP NEWS
Strike shuts down Greece before austerity vote
October 19, 2011 07:38 AM ET
ATHENS (Reuters) - Tens of thousands of protesters rallied in front of the Greek parliament on Wednesday and there were isolated outbreaks of violence as a general strike shut down much of the country ahead of a vote on a painful new round of austerity measures. | Full Article
Romney on attack at Republican debate
October 19, 2011 07:27 AM ET
LAS VEGAS (Reuters) - A confident Mitt Romney criticized his Republican rivals and fended off attacks on Tuesday at a feisty debate that could help reinstall him as the party's presidential front-runner. | Full Article
Central banks may need to burst bubbles: Bernanke
October 18, 2011 05:23 PM ET
BOSTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday that central banks may need to resort to monetary policy to combat asset bubbles, although regulation should be a first line of defense. | Full Article
Analysis: A divergence of sentiment and reality?
October 19, 2011 06:36 AM ET
LONDON (Reuters) - If there's nothing to fear but fear itself, as President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality. | Full Article
No deal reached on scaling up euro zone fund: EU officials
October 19, 2011 02:55 AM ET
BRUSSELS (Reuters) - No agreement has yet been reached on scaling up the size of the euro zone's bailout fund to better tackle the debt crisis, two senior European Union officials said on Wednesday. | Full Article
HEALTH NEWS
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Malaria eradication no vague aspiration, says Gates
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