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Tuesday, November 1, 2011

Business Today: Futures drop on Greek referendum, Asian growth

Reuters
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11/1/2011
News Good Morning
LATEST NEWS
Futures drop on Greek referendum, Asian growth
NEW YORK (Reuters) - Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth. | Full Article
Greek referendum ignites German anger
November 01, 2011 08:24 AM ET
ATHENS (Reuters) - Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis. | Full Article
MF Global collapses under euro zone bets
November 01, 2011 05:08 AM ET
NEW YORK (Reuters) - Jon Corzine's bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone debt. | Full Article
Pfizer beats profit, sales forecasts
November 01, 2011 07:35 AM ET
(Reuters) - Pfizer Inc reported better-than-expected quarterly results, helped by sales growth of its prescription drugs in emerging markets and its animal health, nutritionals and consumer healthcare products. | Full Article
China PMI in surprise fall, lowest since 2009
November 01, 2011 04:24 AM ET
BEIJING (Reuters) - China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates. | Full Article
US TOP NEWS
Analysis: Dollar's many woes complicate Japan intervention
October 31, 2011 08:46 PM ET
NEW YORK (Reuters) - When it comes to weakening the yen, currency speculators are the least of Japan's problems. | Full Article
Facing state takeover, Harrisburg officials talk
November 01, 2011 12:24 AM ET
HARRISBURG, Pennsylvania (Reuters) - With the threat of a state-appointed receiver deciding how Harrisburg must deal with more than $300 million in debt, the city council and mayor did something on Monday they have not done in a long time: agree. | Full Article
Thomson Reuters Q3 earnings beat estimates
November 01, 2011 07:48 AM ET
(Reuters) - Thomson Reuters Corp reported a higher-than-expected 10 percent rise in quarterly profit as strength in its business serving lawyers and accountants offset weakness in its Markets division. | Full Article
Chain store sales seen up again in October
November 01, 2011 07:27 AM ET
(Reuters) - October sales reports this week will show steady spending by U.S. consumers, as improving finances for many shoppers helped overcome a barrage of scary headlines about the economy. | Full Article
Cain denounces "witch hunt," denies sex harassment
October 31, 2011 08:11 PM ET
WASHINGTON (Reuters) - Republican Herman Cain denounced sexual harassment accusations from the 1990s as a "witch hunt" on Monday and broke into a gospel song to deflect what has become the toughest challenge of his presidential campaign. | Full Article
HEALTH NEWS
Obama takes action on drug shortages
Breast cancer risk: It's not all in the family
Metal detectors probably safe with pacemakers:study
A crowded world's population hits 7 billion
Mumps epidemic forces French to postpone games
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