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Tuesday, January 31, 2012

Business Today: Stock futures rise on signs of European progress

Reuters
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01/31/2012
News Good Morning
LATEST NEWS
Stock futures rise on signs of European progress
NEW YORK (Reuters) - Stock index futures rose on Tuesday, with sentiment improving on signs of progress in dealing with Europe's long-running sovereign debt crisis. | Full Article
Exxon Mobil quarterly profit up nearly 2 percent
January 31, 2012 08:23 AM ET
(Reuters) - Exxon Mobil Corp's fourth-quarter profit rose nearly 2 percent due to higher crude oil prices. | Full Article
UPS reports higher adjusted quarterly profit
January 31, 2012 08:21 AM ET
(Reuters) - United Parcel Service reported higher quarterly profit after adjusting for a new pension accounting method, and forecast higher 2012 earnings. | Full Article
Pfizer trims 2012 view, citing stronger dollar
January 31, 2012 08:28 AM ET
(Reuters) - Pfizer Inc reported sharply lower quarterly earnings, hurt by generic forms of its Lipitor cholesterol drug, and the company trimmed its 2012 forecasts because of negative effects of the stronger dollar. | Full Article
Apple names Dixons CEO to head retail unit
January 31, 2012 08:35 AM ET
LONDON (Reuters) - Apple Inc is hiring Dixons chief executive John Browett, who drove a recent turnaround at the UK electricals retailer, to lead the iPad maker's retail expansion. | Full Article
US TOP NEWS
As Florida votes, Romney seems in driver's seat
January 31, 2012 06:53 AM ET
COCOA BEACH, Florida (Reuters) - Florida's Republican voters go to the polls on Tuesday in a high-stakes presidential primary election that could determine the direction of the race. | Full Article
S&P warns cuts loom for G20 nations on health costs
January 31, 2012 04:08 AM ET
NEW YORK/TOKYO (Reuters) - Ratings agency Standard & Poor's warned it may downgrade "a number of highly rated" Group of 20 countries from 2015 if their governments fail to enact reforms to curb rising healthcare spending and other costs related to ageing populations. | Full Article
Dixons Retail CEO quits to join Apple
January 31, 2012 04:59 AM ET
(Reuters) - Europe's second-biggest electrical goods retailer Dixons Retail said on Tuesday that its chief executive was leaving the company to join the world's most valuable technology corporation, Apple, as senior vice president of retail. | Full Article
Italian authorities end search for cruise ship bodies
January 31, 2012 08:09 AM ET
ROME (Reuters) - Italian authorities have ended the search for bodies on the submerged sections of the capsized Costa Concordia, more than two weeks after the giant cruise liner capsized off the Tuscan coast, officials said on Tuesday. | Full Article
Toshiba cuts outlook after Q3 profit tumbles
January 31, 2012 06:17 AM ET
TOKYO (Reuters) - Toshiba Corp, Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the euro-zone debt crisis hit profits. | Full Article
HEALTH NEWS
"Spam" meat tied to diabetes risk in Native Americans: study
Diabetes drugs tied to pancreatic cancer risk
Frito-Lay chips not "all natural": lawsuit
Study clouds evidence on soy and menopause
FDA approves Roche skin cancer drug
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