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Thursday, October 27, 2011

Before the Bell: Stock futures rally on euro zone deal

Reuters
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10/27/2011
News Good Morning
LATEST NEWS
Stock futures rally on euro zone deal
NEW YORK (Reuters) - Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds. | Full Article
Markets cheer euro deal but questions remain
October 27, 2011 07:46 AM ET
BRUSSELS (Reuters) - The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone's two-year-old debt crisis unless crucial details were resolved soon. | Full Article
Consumers, businesses to pump up Q3 growth
October 27, 2011 07:56 AM ET
WASHINGTON (Reuters) - Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year. | Full Article
Procter & Gamble profit in line, keeps year view
October 27, 2011 07:53 AM ET
(Reuters) - Procter & Gamble Co posted a slight dip in quarterly profit that was in line with expectations as the world's largest household products maker raised prices and notched sales gains in each unit. | Full Article
Exclusive: Records raise Olympus conflict of interest question
October 27, 2011 07:12 AM ET
DETROIT/TOKYO (Reuters) - U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses. | Full Article
US TOP NEWS
Sony buys Ericsson out of mobile phone venture
October 27, 2011 07:25 AM ET
LONDON (Reuters) - Sony Corp is to take over the Sony Ericsson mobile phone joint venture for 1.05 billion euros ($1.45 billion), as it seeks to catch up with smartphone and tablet makers Apple and Samsung. | Full Article
Special Report: Harrisburg, Pa: a city at war with itself
October 27, 2011 07:22 AM ET
HARRISBURG, Pennsylvania (Reuters) - For three days last summer, Mayor Linda Thompson joined religious leaders to pray for a "cooperative spirit" among city leaders, the business community and residents here in Pennsylvania's state capital. | Full Article
Gaddafi son wants to surrender to ICC, says NTC
October 27, 2011 05:41 AM ET
TRIPOLI (Reuters) - Saif al-Islam Gaddafi, who once vowed to die fighting on Libyan soil, now wants to face international justice instead and avoid any chance of meeting the same grisly end as his father, Libyan officials said. | Full Article
RIM hit with consumer lawsuits over BlackBerry outage
October 27, 2011 01:33 AM ET
(Reuters) - Consumers in the United States and Canada have sued Research in Motion for a days-long service outage on BlackBerry devices that rippled across the world earlier this month. | Full Article
What makes a bank trader go rogue?
October 27, 2011 07:54 AM ET
LONDON (Reuters) - The traits banks tend to look for when hiring new traders are the very same ones likely to make them go rogue, industry insiders and psychologists say. | Full Article
HEALTH NEWS
Doctors split on Avastin for breast cancer: survey
Fertility treatment raises tumor risk in study
Report links HPV with heart attacks, strokes
Reused pacemakers safe option in poor countries
Murder, suicide top medical deaths in pregnancy
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