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Friday, December 16, 2011

Business Today: Futures rise in thin volume, inflation data eyed

Reuters
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12/16/2011
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LATEST NEWS
Futures rise in thin volume, inflation data eyed
NEW YORK (Reuters) - Stock index futures rose on Friday in thin volume as key euro zone bond yields eased ahead of the release of U.S. inflation data. | Full Article
Consumer prices flat in November
December 16, 2011 08:35 AM ET
WASHINGTON (Reuters) - Consumer prices were flat in November as Americans paid less for cars and gasoline, while the 12-month inflation reading fell for the second straight | Full Article
Fitch cuts Goldman, Deutsche, five other large banks
December 16, 2011 05:32 AM ET
(Reuters) - Fitch Ratings, the third-biggest of the major credit rating agencies, on Thursday downgraded Goldman Sachs, Deutsche Bank and five other large banks based in Europe and the United States, citing "increased challenges" in the financial markets. | Full Article
Monti wins vote on Italian austerity package
December 16, 2011 07:57 AM ET
ROME (Reuters) - Italy's government easily won a confidence vote on its tough austerity package on Friday, the first step in parliamentary approval for sweeping measures aimed at saving the euro zone's third-largest economy from financial disaster. | Full Article
Analysis: AT&T case could dash Diageo's U.S. whiskey dreams
December 16, 2011 07:38 AM ET
LONDON (Reuters) - If Diageo -- the world's biggest spirits company -- wants to be a leading player in American whiskey, the experience of another major company attempting a U.S. merger won't give it much cause for cheer. | Full Article
US TOP NEWS
Rivals pounce on Gingrich at last Iowa debate
December 16, 2011 03:31 AM ET
SIOUX CITY, Iowa (Reuters) - Republican presidential candidates pounced on front-runner Newt Gingrich on Thursday to try to blunt his surge at the last debate before Iowa launches the 2012 U.S. election season. | Full Article
Deal reached to avert government shutdown
December 15, 2011 10:41 PM ET
WASHINGTON (Reuters) - Lawmakers on Thursday reached a tentative deal to fund an array of government agencies through September 30 and avert shutting down many of Washington's operations starting this weekend. | Full Article
Italy PM warns policymakers against dividing Europe
December 16, 2011 07:15 AM ET
ROME (Reuters) - Italy's prime minister urged European policymakers on Friday to beware of dividing the continent with their efforts to fight its debt crisis and warned them against feeding "short-term hunger for rigor" in some countries, in a swipe at Germany. | Full Article
Zynga prices IPO at top end of range
December 15, 2011 11:48 PM ET
(Reuters) - Online games maker Zynga Inc is expected to make a strong debut on the Nasdaq stock exchange on Friday after it priced its initial public offering at the top end of a preliminary range but did not increase the size of the $1 billion deal. | Full Article
Deutsche Bank starts asset manager sale: sources
December 16, 2011 03:25 AM ET
FRANKFURT/LONDON (Reuters) - Deutsche Bank AG has launched the sale of a large chunk of its global asset management business, with a price tag seen between 2 billion euros ($2.6 billion) and 3 billion, two financial sources familiar with the sale process said on Friday. | Full Article
HEALTH NEWS
Many surgeons don't discuss end-of-life care: study
Republican Ryan backs new bipartisan Medicare Plan
Roche melanoma drug wins European green light
U.S. agrees to limit medical research on chimpanzees
Generic drugmakers to build warning system on shortages
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