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Tuesday, November 8, 2011

Before the Bell: Futures rise ahead of Italy budget vote

Reuters
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11/8/2011
News Good Morning
LATEST NEWS
Futures rise ahead of Italy budget vote
NEW YORK (Reuters) - Stock index futures rose on Tuesday as lawmakers in Rome readied for a crucial vote on public finances that marks the latest chapter in the euro zone debt crisis. | Full Article
Italy, Greece on the brink, markets hold breath
November 08, 2011 07:12 AM ET
ROME/ATHENS (Reuters) - Financial markets held their breath on Tuesday as Italian Prime Minister Silvio Berlusconi's reform-shy government teetered on the brink and debt-crippled Greece's leaders struggled to put together a national unity government. | Full Article
In abrupt turnaround, Olympus admits hid losses for
November 08, 2011 07:15 AM ET
TOKYO (Reuters) - Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt. | Full Article
Toyota withdraws outlook on Thai floods, quake, yen
November 08, 2011 06:35 AM ET
TOKYO (Reuters) - Toyota Motor Corp withdrew its annual profit guidance on Tuesday as Thai floods threaten output just as it had recovered from supply shortages that battered production after the March earthquake in Japan. | Full Article
Exclusive: HP weighing sale of webOS unit
November 08, 2011 04:29 AM ET
NEW YORK/SAN FRANCISCO (Reuters) - Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said. | Full Article
US TOP NEWS
Harrisburg closer to deal to prevent state takeover
November 08, 2011 12:44 AM ET
HARRISBURG, Pa (Reuters) - Harrisburg's mayor and five of its seven city council members voted on Monday to sell an incinerator and lease out parking garages, among the city's biggest assets, moving closer to an agreement that could stave off a state takeover. | Full Article
Michael Jackson's doctor guilty of manslaughter
November 07, 2011 10:50 PM ET
LOS ANGELES (Reuters) - Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the pop star's drug-related death in 2009 but may not spend much time in jail. | Full Article
Exclusive: Olympus scandal tied to banker who shuffled losses
November 08, 2011 03:36 AM ET
TOKYO (Reuters) - A former Japanese banker who helped Japan's Olympus Corp shift losses off its books decades ago appears to be a key figure behind its decision to award a massive advisory fee to a little-known U.S. investment firm, Japanese broking sources who know the ex-banker said. | Full Article
Credit Suisse asked to hand over U.S. client data
November 08, 2011 04:45 AM ET
ZURICH (Reuters) - Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats. | Full Article
MF Global's Europe clients fume, U.S. breathes easier
November 08, 2011 12:33 AM ET
NEW YORK/LONDON (Reuters) - European clients of failed brokerage MF Global on Monday grew increasingly frustrated at the slow transfer to new brokers a week after filing for bankruptcy protection. | Full Article
HEALTH NEWS
U.S. judge blocks graphic cigarette warnings
Newer birth control pills again tied to blood clots
Brain analysis can help predict psychosis: study
AstraZeneca, Targacept drug fails depression test
U.S. food lobby fighting hard to defend kid ads
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