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Tuesday, October 25, 2011

Before the Bell: Stock futures gain on strong corporate earnings

Reuters
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10/25/2011
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LATEST NEWS
Stock futures gain on strong corporate earnings
NEW YORK (Reuters) - Stock index futures rose on Tuesday, supported by strong earnings from blue chip companies. | Full Article
Italy keeps EU waiting on eve of crucial summit
October 25, 2011 07:56 AM ET
ROME/BRUSSELS (Reuters) - Italy's divided government kept Europe waiting on Tuesday for long delayed reforms on the eve of a summit to devise a strategy to confront the euro zone's worsening debt crisis. | Full Article
UBS salvages Q3 profit with one-off gain
October 25, 2011 07:17 AM ET
ZURICH (Reuters) - Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday, salvaged by a one-off accounting gain. | Full Article
BP turns a corner after Gulf blowout
October 25, 2011 04:53 AM ET
LONDON (Reuters) - BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group. | Full Article
Deutsche Bank warns of more job cuts in tough trade
October 25, 2011 07:22 AM ET
FRANKFURT (Reuters) - Deutsche Bank's third-quarter pretax profit beat forecasts as retail banking and asset management offset a drop in investment banking which it warned was facing the toughest conditions since 2008 that could lead to more job cuts. | Full Article
US TOP NEWS
Gaddafi body handed to NTC loyalists for burial
October 25, 2011 07:39 AM ET
TRIPOLI (Reuters) - Two loyalists of Libya's interim government were handed Muammar Gaddafi's body to bury secretly deep in the Sahara desert on Tuesday after a cleric prayed over his decomposing corpse, a Libyan official said. | Full Article
U.S. throws lifeline to underwater homeowners
October 25, 2011 07:30 AM ET
WASHINGTON (Reuters) - Homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers. | Full Article
Netflix plummets on weak outlook, downgrades
October 25, 2011 07:49 AM ET
(Reuters) - Netflix Inc shares plunged 38 percent in pre-market trading after its weak outlook spooked investors and prompted several analysts to cut their recommendation on the stock. | Full Article
Obama plans moves to spur jobs for veterans: White House
October 25, 2011 06:04 AM ET
WASHINGTON (Reuters) - The White House said on Tuesday that President Barack Obama will take executive action to help military veterans find work, bypassing congressional Republicans to show voters he is serious about creating jobs. | Full Article
Rescuers battle to find Turkish quake survivors
October 25, 2011 07:38 AM ET
ERCIS, Turkey (Reuters) - Rescue workers dug deeper into collapsed buildings on Tuesday in a battle against time to find survivors from an earthquake in southeast Turkey that killed at least 366 people and made tens of thousands homeless. | Full Article
HEALTH NEWS
Gas pump handles top study of filthy surfaces
Yoga and stretching both ease chronic back pain
Don't screen everybody for HIV in the ER: study
Mammograms don't save as many lives as women think
Million-dollar payments to surgeons raise questions
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