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Friday, December 19, 2014

Business Today: Stock futures climb after two-day rally

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Stock futures climb after two-day rally
NEW YORK (Reuters) - Stock index futures climbed on Friday, and the benchmark S&P 500 index was poised to continue to rally after its best two-day run in three years.
Russia's parliament rushes through bill boosting banking capital
MOSCOW (Reuters) - Russia's lower house of parliament passed a draft law that would give the banking sector a capital boost of up to 1 trillion rubles ($16.5 billion) on Friday, part of measures to shield banks from Western economic sanctions.
Oil rallies to $60, heads for 4th weekly fall on glut
LONDON (Reuters) - Brent crude oil rose to around $60 a barrel on Friday, rallying from near a 5-1/2-year low as investors squared books ahead of the year-end festive break after six months of falling prices.
BlackBerry third-quarter revenue falls more than expected, shares slide
TORONTO (Reuters) - BlackBerry Ltd on Friday reported a bigger-than-expected drop in third-quarter revenue, sending shares of the struggling smartphone maker lower, even as it eked out a small adjusted profit and began generating cash flow again.
Alstom shareholders back 12.35 billion euro sale of power arm to GE
PARIS (Reuters) - Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm.
Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion
BANGKOK (Reuters) - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. peer Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.
Hawaiian Air swap takes Airbus A330neo orders over 100
PARIS (Reuters) - Hawaiian Airlines has confirmed an order for six Airbus A330-800neo aircraft worth $1.5 billion at list prices, swapping them for a previous A350 order, the planemaker said on Friday.
Rouble gains as officials step up verbal support
MOSCOW (Reuters) - Russia's rouble strengthened on Friday after Finance Minister Anton Siluanov confirmed his ministry had sold foreign currency, and on expectations that exporters will increase dollar sales.
Exclusive: ECB considers making weaker euro zone states bear more quantitative easing risk - sources
FRANKFURT (Reuters) - European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost.
Amazon's cloud business a harder sell in post-Snowden era
SAN FRANCISCO/SEATTLE (Reuters) - This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.
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