Business Today: Futures down on profit-taking after rally

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	10/28/2011
Good Morning LATEST NEWS Futures down on profit-taking after rally NEW YORK (Reuters) - Stock index futures fell on Friday as investors took profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August. | Full Article Consumer spending up in September on savings October 28, 2011 08:35 AM ET WASHINGTON (Reuters) - U.S. consumer spending rose in September as Americans saved less to fund purchases amid weak income growth, which could cast doubts over the durability of the third-quarter's economic growth spurt. | Full Article Euro fund head sees no quick China deal October 28, 2011 08:16 AM ET BEIJING (Reuters) - The head of Europe's 440 billion euro bailout fund played down hopes of a quick deal with China to throw its support behind efforts to resolve the bloc's debt crisis but said he expects Beijing to continue to buy bonds issued by the fund. | Full Article More companies shed light on political spending October 28, 2011 07:12 AM ET WASHINGTON (Reuters) - More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday. | Full Article Agbank says chairman Xiang resigns October 28, 2011 06:38 AM ET HONG KONG (Reuters) - Agricultural Bank of China Ltd , the country's third-largest bank by market value, said on Friday that its chairman, Xiang Junbo, has resigned. | Full Article US TOP NEWS HP ditches costly PC unit spin-off October 27, 2011 07:48 PM ET SAN FRANCISCO (Reuters) - Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business. | Full Article Olympus risks lawsuits unless probe truly independent: TSE October 28, 2011 05:23 AM ET TOKYO (Reuters) - Olympus Corp risks possible lawsuits unless a planned probe of acquisitions at the heart of a scandal engulfing the endoscope maker is truly independent, the head of the Tokyo Stock Exchange warned Friday. | Full Article Fresh post-vote clashes in cradle of Tunisia's revolt October 28, 2011 08:05 AM ET TUNIS (Reuters) - The leader of the Islamist party which won Tunisia's first free election appealed for calm in the town where the "Arab Spring" began, accusing forces linked to the ousted president of fanning violence there. | Full Article ICC prosecutor in contact with Gaddafi's son over surrender October 28, 2011 08:26 AM ET AMSTERDAM (Reuters) - The International Criminal Court's prosecutor said Friday that his office was in "informal contact" with Muammar Gaddafi's son, Saif al-Islam, through intermediaries regarding his surrender to the war crimes court. | Full Article Insight: Thai flood crisis puts swamped PM in firing line October 28, 2011 01:43 AM ET BANGKOK (Reuters) - In the early days of Thailand's devastating floods, Prime Minister Yingluck Shinawatra was seen knee-deep in muddy waters in wading boots, greeting evacuated villagers, surrounded by clicking cameras and appearing to take charge. | Full Article HEALTH NEWS Support waning for Obama healthcare law: poll Aspirin slashes hereditary cancer risk in UK study Medicare 2012 premium hike smaller than feared Steroid medications tied to vitamin D deficiency Alcohol linked to better survival after heart attack RELATED VIDEO Samsung overtakes Apple in smartphone sales Asian stocks improve further Breakingviews: Italy will struggle to deliver reforms A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 ODDLY ENOUGH Rare early Smurf drawings on sale Full Article Microchip reunites owner with Tennessee dog found near Detroit Elite Polish cops sacked for protecting Paris Hilton Popular tattooed Barbie causes controversy Cain video ad blows smoke in unorthodox campaign Want to buy a bridge? Kentucky's giving one away - 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