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Tuesday, October 25, 2011

Business Today: Stock futures cut gains on concerns about Europe

Reuters
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10/25/2011
News Good Morning
LATEST NEWS
Stock futures cut gains on concerns about Europe
NEW YORK (Reuters) - Stock index futures pared gains on Tuesday with the S&P index futures briefly turning negative. following comments from Germany's Chancellor Angela Merkel. | Full Article
EU waits for Italy reforms on eve of crucial summit
October 25, 2011 08:38 AM ET
ROME/BRUSSELS (Reuters) - Italy's divided government kept Europe waiting on Tuesday for long delayed economic reforms that are central to efforts to confront the euro zone's worsening debt crisis. | Full Article
UPS reports higher profit, affirms outlook
October 25, 2011 08:31 AM ET
(Reuters) - United Parcel Service reported a higher quarterly profit on Tuesday and affirmed its outlook for record 2011 results, . | Full Article
Newsmaker: The "emperor" of Olympus, protector no longer
October 25, 2011 08:34 AM ET
TOKYO (Reuters) - When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an "umbrella," a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting. | 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
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 Turk quake survivors, save baby
October 25, 2011 08:17 AM ET
ERCIS, Turkey (Reuters) - Rescuers pulled a two-week-old baby girl alive from the arms of her mother buried under a collapsed building on Tuesday as a search continued for survivors from a quake in eastern Turkey that killed at least 366 people and left 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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