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Wednesday, November 2, 2011

Before the Bell: Futures edge up with focus on Greece, Fed

Reuters
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11/2/2011
News Good Morning
LATEST NEWS
Futures edge up with focus on Greece, Fed
NEW YORK (Reuters) - Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus. | Full Article
Greek PM faces showdown talks with Merkel, Sarkozy
November 02, 2011 07:35 AM ET
ATHENS (Reuters) - Greece's prime minister faces a grilling from the leaders of Germany and France on Wednesday after fighting to win the backing of his cabinet to hold a referendum on a 130 billion-euro ($178 billion) bailout package. | Full Article
MF Global accounts shock leaves clients scrambling
November 02, 2011 12:39 AM ET
CHICAGO/NEW YORK (Reuters) - MF Global Holdings Ltd failed to protect customer accounts by keeping them separate from its own funds, said a top U.S. exchange regulator, another shock for commodity markets scrambling to contain fallout from the brokerage's bankruptcy. | Full Article
Japan not safe for meeting with panel: ex-Olympus CEO
November 02, 2011 07:21 AM ET
TOKYO (Reuters) - The ex-CEO of Japan's Olympus Corp said on Wednesday he wanted to meet investigators appointed to probe a scandal engulfing the firm, but added it would not be safe for him to travel to Japan. | Full Article
Euro zone factory data suggest recession
November 02, 2011 06:48 AM ET
LONDON (Reuters) - The downturn in euro zone manufacturing in October was even deeper than previously thought, according to "grim" business surveys on Wednesday that showed the currency union's debt crisis is dragging its economy back into recession. | Full Article
US TOP NEWS
FBI interested in regulatory probe of MF Global
November 02, 2011 06:27 AM ET
(Reuters) - The Federal Bureau of Investigation is interested in the investigation of MF Global Holdings Ltd, a person briefed on the matter said on Tuesday. | Full Article
Fed to hold steady despite global risks
November 01, 2011 06:54 PM ET
WASHINGTON (Reuters) - The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later. | Full Article
Occupy Wall St finds money brings problems too
November 02, 2011 07:13 AM ET
NEW YORK (Reuters) - Occupy Wall Street has raised more than $500,000 in New York alone to support anti-greed demonstrations and, seven weeks into the movement, protesters are finding that having money creates headaches. | Full Article
Inequality dents U.S. rank in U.N. development index
November 02, 2011 07:03 AM ET
COPENHAGEN (Reuters) - The United States remains the fourth best country in the world to live in, but adjustment for inequality drops it into 23rd place, according to an annual U.N. ranking of nations' development released on Wednesday. | Full Article
Sony warns of 4th annual loss; flags $2.2 billion TV loss
November 02, 2011 07:45 AM ET
TOKYO (Reuters) - Sony Corp surprised investors on Wednesday by warning it is heading for its fourth straight annual net loss and that its TV business alone would produce a loss of $2.2 billion due to tumbling demand and a surging yen. | Full Article
HEALTH NEWS
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U.S. military retirees fret about healthcare fees
Top UK court backs patent linked to HGS, GSK drug
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