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Thursday, November 3, 2011

Before the Bell: Futures rise on uncertainty over Greek referendum

Reuters
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11/3/2011
News Good Morning
LATEST NEWS
Futures rise on uncertainty over Greek referendum
NEW YORK (Reuters) - Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout. | Full Article
Euro zone mulls Greek exit, Papandreou on brink
November 03, 2011 07:52 AM ET
ATHENS/CANNES, France (Reuters) - Greece's government was on the brink of collapse on Thursday, casting doubt on plans to hold a referendum on staying in the euro zone, as European leaders contemplated a Greek exit to preserve their single currency. | Full Article
SEC probes MF Global's statements on European bets: report
November 03, 2011 02:57 AM ET
(Reuters) - The Securities and Exchange Commission (SEC) has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter. | Full Article
BNP cuts Italy exposure as Greece hits Q3
November 03, 2011 07:07 AM ET
PARIS (Reuters) - France's biggest listed bank BNP Paribas slashed its exposure to Greece, Italy and Spain by more than 12 billion euros ($16.6 billion) in a bid to protect its balance sheet as the euro zone debt crisis threatens to deepen. | Full Article
CVS Caremark's higher profit tops expectations
November 03, 2011 07:56 AM ET
(Reuters) - CVS Caremark Corp posted a higher quarterly profit on Thursday as business improved at its pharmacy benefits management unit, and said this year's profit should come in toward the higher end of its prior forecast. | Full Article
US TOP NEWS
Police confront Oakland protesters with tear gas
November 03, 2011 07:37 AM ET
OAKLAND, Calif (Reuters) - Police in riot gear clashed with protesters in Oakland on Thursday, firing tear gas to disperse demonstrators lingering in the streets after a day of mostly peaceful rallies against economic inequality and police brutality. | Full Article
Exclusive: Groupon IPO may price above range
November 03, 2011 07:20 AM ET
(Reuters) - Groupon Inc is poised to price its initial public offering $1 to $2 above its current range, responding to stronger-than-anticipated demand for the biggest U.S. IPO in months, three buyside sources said on Wednesday. | Full Article
Analysis: Beijing risks public backlash if rescues Europe
November 03, 2011 06:42 AM ET
BEIJING (Reuters) - China's people have a clear message for their government -- don't even think of saving Europe. | Full Article
ING to cut 2,700 jobs, takes Greek bond hit
November 03, 2011 07:40 AM ET
AMSTERDAM (Reuters) - Dutch financial services group ING is to cut 2,700 staff and contract jobs, it said on Thursday in announcing third-quarter results, slashing the headcount at its Dutch retail banking operations by 10 percent in the face of deteriorating markets. | Full Article
Pockets of poverty grow in the United States: study
November 03, 2011 12:32 AM ET
WASHINGTON (Reuters) - The problem of poverty became more acute in many U.S. neighborhoods in the Midwest and South over the last decade, threatening schools, safety and public health, while raising costs for local governments, according to a study released on Thursday. | Full Article
HEALTH NEWS
Advisers back Merck drug for some kidney patients
Adding radiotherapy boosts prostate cancer survival
Death toll from listeria outbreak rises to 29
GlaxoSmithKline settles U.S. drug rows for $3 billion
New study says Chantix raises suicide risks
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