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Monday, October 31, 2011

Before the Bell: Futures drop with commods after yen intervention

Reuters
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10/31/2011
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LATEST NEWS
Futures drop with commods after yen intervention
NEW YORK (Reuters) - Stock index futures fell in lackluster volume on Monday, following four weeks of equities gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets. | Full Article
MF Global seen near asset sale, bankruptcy for holding company
October 31, 2011 02:40 AM ET
NEW YORK (Reuters) - Troubled brokerage MF Global Holdings Ltd was nearing a deal late on Sunday night to file for bankruptcy protection and sell assets to Interactive Brokers Group , media reports said. | Full Article
Japan intervenes to tame soaring yen ahead of G20
October 31, 2011 07:52 AM ET
TOKYO (Reuters) - Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy. | Full Article
Panasonic sees $5.5 billion annual loss, worst in a decade
October 31, 2011 06:39 AM ET
TOKYO (Reuters) - Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as restructuring costs ballooned, and a soaring yen and weak demand in the United States and Europe eroded income. | Full Article
Qantas resumes flights grounded by labor dispute
October 31, 2011 07:50 AM ET
MELBOURNE/SYDNEY (Reuters) - Australia's Qantas Airways returned to the air on Monday after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade. | Full Article
US TOP NEWS
Insight: Did Corzine's risk taking cripple MF Global?
October 31, 2011 06:11 AM ET
NEW YORK (Reuters) - In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink. | Full Article
Republican Cain accused of sex harassment: Politico
October 31, 2011 07:18 AM ET
WASHINGTON (Reuters) - Two women employees complained of sexually suggestive behavior by Republican presidential contender Herman Cain when he headed the National Restaurant Association in the 1990s, Politico said on Sunday. | Full Article
Rare, deadly October storm hangs on in Northeast
October 30, 2011 11:39 PM ET
NEW YORK (Reuters) - One of the darkest Halloweens ever loomed for roughly 2.8 million households left without power on Sunday by a rare October snowstorm in the Northeast that bedeviled transportation and killed at least eight people. | Full Article
Haqqani network may be linked to Kabul suicide attack: officials
October 31, 2011 07:07 AM ET
KABUL (Reuters) - The Haqqani network, which Washington has blamed for a series of attacks in Afghanistan, may have been involved in a weekend bombing in Kabul that was the deadliest ground attack against Western troops in 10 years of war, officials said on Monday. | Full Article
Japan, like China, cautious on euro rescue vehicle
October 31, 2011 07:47 AM ET
TOKYO (Reuters) - Japan told the head of Europe's bailout fund on Monday that it would continue to buy its bonds, but, like fellow potential investor China, did not commit to putting cash into a mooted special purpose vehicle to enhance the rescue fund's firepower. | Full Article
HEALTH NEWS
Obama to take executive action on drug shortages
Insight: Firms to charge smokers, obese more for healthcare
Group calls for HIV screening of teens who have sex
Soft drink makers target children and teens: study
Deal reached in U.S. 2001 anthrax death suit: filing
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