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Friday, November 4, 2011

Before the Bell: Futures flat with Greece vote off, payrolls ahead

Reuters
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11/4/2011
News Good Morning
LATEST NEWS
Futures flat with Greece vote off, payrolls ahead
NEW YORK (Reuters) - The uncertain outcome of Greece's sovereign debt crisis and its implications for Europe's economy kept U.S. stock futures mixed on Friday, with indexes little changed following two days of steep gains. | Full Article
Groupon raises $700 million in massive IPO
November 04, 2011 07:49 AM ET
(Reuters) - Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004. | Full Article
Italy accepts IMF monitoring, EU looks for support
November 04, 2011 07:31 AM ET
CANNES, France (Reuters) - Italy, under fierce pressure from financial markets and European peers, agreed to have the IMF monitor its progress with long delayed reforms of pensions, labor markets and privatization, senior EU sources said on Friday. | Full Article
Insight: MF board seen beholden to Corzine as risk grew
November 04, 2011 04:31 AM ET
(Reuters) - Following MF Global's sudden meltdown, the company's board of directors is under harsh scrutiny. | Full Article
Euro zone Oct private sector slump flags recession
November 04, 2011 06:50 AM ET
LONDON (Reuters) - Private sector activity in the euro zone shrank at its fastest pace in 28 months in October as the debt crisis sapped new business and soured sentiment in an economy looking like it is heading into a slump, survey data showed on Friday. | Full Article
US TOP NEWS
Greece has dropped referendum plan: minister
November 04, 2011 07:32 AM ET
ATHENS (Reuters) - Greece has dropped its plans to hold a controversial referendum on the country's euro zone membership, which had threatened to plunge the bloc into a crisis, the country's finance ministry said on Friday. | Full Article
Job growth could hint at some improvement
November 04, 2011 07:44 AM ET
WASHINGTON (Reuters) - U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building. | Full Article
Obama advisers fret over pipeline's political risks
November 03, 2011 09:06 PM ET
WASHINGTON (Reuters) - Stung by months of protests, President Barack Obama's advisers are worried that administration approval for a planned oil pipeline from Canada could cost him political support from Democrats in 2012. | Full Article
Olympus delays earnings announcement; shares plunge
November 04, 2011 03:28 AM ET
TOKYO (Reuters) - Japan's Olympus Corp said it will not announce its quarterly earnings on November 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares. | Full Article
Agitators blamed for Oakland unrest that injured 8
November 04, 2011 12:37 AM ET
OAKLAND, Calif (Reuters) - Police arrested more than 100 demonstrators early on Thursday in clashes that activists and Oakland city officials alike blamed on agitators who provoked unrest following a day of mostly peaceful rallies against economic inequality. | Full Article
HEALTH NEWS
FDA says drugs approved in U.S. before Europe
Medicare beneficiaries sue U.S. over hospital stays
More evidence obesity tied to colon cancer: study
Obesity, inactivity tied to common colon disease
In developing world, poor still means thin: study
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