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Friday, February 17, 2012

Business Today: Stock futures up on Greece but gains limited after rally

Reuters
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02/17/2012
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LATEST NEWS
Stock futures up on Greece but gains limited after rally
NEW YORK (Reuters) - Stock index futures rose Friday on signs of progress in Greece's bailout, but gains were small as investors appeared ready to take a breather after the S&P 500 posted its best daily gain in two weeks. | Full Article
Greece closes in on bailout, lenders seek more oversight
February 17, 2012 08:10 AM ET
ATHENS (Reuters) - Greece appears to be closing in on a new international rescue package despite unresolved doubts among euro zone partners about how fast it will manage to bring its debt down. | Full Article
Consumer prices rise 0.2 percent in January
February 17, 2012 08:36 AM ET
WASHINGTON (Reuters) - Consumer prices rose the most in four months in January as the price of gasoline jumped, highlighting a growing concern that higher energy costs could slow the economic recovery. | Full Article
After MF Global, traders hold tight to excess collateral
February 17, 2012 01:58 AM ET
NEW YORK (Reuters) - Until last October, farmers and fund managers rarely lost sleep over the extra money that they habitually maintained in their brokerage accounts, confident that it would be there the next morning. | Full Article
Campbell Soup profit tops Wall Street estimates
February 17, 2012 07:52 AM ET
(Reuters) - Campbell Soup Co reported better-than-expected quarterly profit on Friday, citing progress in its plan to turnaround its sagging U.S. soup business. | Full Article
US TOP NEWS
Chinese envoy heads to Syria after U.N. vote against Assad
February 17, 2012 06:37 AM ET
AMMAN/BEIRUT (Reuters) - Syrian President Bashar al-Assad prepared to welcome a senior Chinese official to Damascus Friday, a show of support from one of the few foreign friends he still has after the U.N. General Assembly voted for an Arab League plan telling him to step down. | Full Article
Payroll tax cut heads for congressional approval
February 17, 2012 08:07 AM ET
WASHINGTON (Reuters) - A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement. | Full Article
Foreclosure abuse rampant across U.S., experts say
February 17, 2012 02:25 AM ET
LOS ANGELES (Reuters) - A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country. | Full Article
Murdoch flies in to meet with angry British staff
February 17, 2012 08:20 AM ET
LONDON (Reuters) - Rupert Murdoch will address hostile journalists at his British newspaper arm Friday, many of them fearful after the recent arrests of senior staff at the mass-selling Sun tabloid over allegations of widespread criminality. | Full Article
German president resigns in setback for Merkel
February 17, 2012 08:37 AM ET
BERLIN (Reuters) - Angela Merkel's hand-picked choice for the ceremonial post of president resigned on Friday in a scandal over political favors, dealing a blow to the German chancellor in the midst of the euro zone debt crisis. | Full Article
HEALTH NEWS
U.S. won't allow more fungicide in orange juice: FDA
Insurers see costs in Obama birth control rule
Anti-abortion "personhood" bill clears Oklahoma senate
After 37 years, Washington D.C. gets mental health system
Rice-sweetened baby formula may contain arsenic: U.S study
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