Business Today: Futures dip ahead of data; Brazil ADRs slump

		Click to View in Browser 10/27/2014 Futures dip ahead of data; Brazil ADRs slump NEW YORK (Reuters) - U.S. stock index futures dipped on Monday after the S&P 500 closed its best week in nearly two years on Friday and ahead of data on U.S. services sector growth and home sales. Worried on low inflation, Fed seen offering soothing words NEW YORK (Reuters) - The U.S. Federal Reserve this week will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial markets that saw some measures of inflation expectations drop worryingly low. Valeant ready to raise Allergan bid to at least $200/share (Reuters) - Valeant Pharmaceuticals International Inc said it was prepared to raise its cash-and-stock offer for Allergan Inc to at least $200 per share. ECB fails 25 banks in health check but problems largely solved FRANKFURT (Reuters) - Roughly one in five of the euro zone's top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday. Saab finalizes $5.4 billion Brazil order for 36 fighter jets STOCKHOLM (Reuters) - Swedish aerospace firm Saab has finalised a $5.4 billion order to sell 36 fighter jets to Brazil, one of the most valuable defense contracts up for grabs in an emerging market. Merck's quarterly revenue lower but beats third quarter forecast (Reuters) - Merck & Co reported lower than expected third quarter revenue, hurt by sharply lower sales of its Gardasil vaccine against cervical cancer, but cost cuts enabled the company to beat earnings forecasts. Bank tests comfort investors but growth worries persist LONDON (Reuters) - Low-rated government bond yields dropped and the euro edged tentatively higher on Monday as the results of euro zone bank health checks spared investors immediate pain. Italy market watchdog bans short selling on Monte Paschi shares MILAN (Reuters) - Italy's Consob has banned short selling on Monte dei Paschi's shares on Monday and Tuesday, the Italian market regulator said in a statement. Tesla offers leasing options for new Model S in U.S. (Reuters) - Tesla Motors Inc unveiled a leasing policy for its new Model S with an option for buyers in the United States to return the car within three months of purchase. Obama plans executive actions to strengthen U.S. manufacturing WASHINGTON (Reuters) - President Barack Obama will launch a series of executive actions on Monday to strengthen U.S. advanced manufacturing, including a $300 million investment in three technologies considered crucial to the country's industrial competitiveness. Related Video Regulatory clarity needed on China stock connect -StanChart Breakingviews: HK-Shanghai disconnect disappoints on reform Economic News Worried on low inflation, Fed seen offering soothing words Obama plans executive actions to strengthen U.S. manufacturing A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend