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Tuesday, December 20, 2011

Business Today: Spain auction, German data lift futures

Reuters
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12/20/2011
News Good Morning
LATEST NEWS
Spain auction, German data lift futures
NEW YORK (Reuters) - Stock index futures rose Tuesday, indicating equities will rebound from declines in the prior session as a drop in Spain's borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries. | Full Article
Housing starts hit 1.5 year high in November
December 20, 2011 08:36 AM ET
WASHINGTON (Reuters) - Housing starts surged to a 1-1/2 year high in November and permits for future construction were the highest since March 2010 as demand for rental apartments rose, offering hope for the weak housing market. | Full Article
Deutsche Telekom silent on Plan B for T-Mobile USA
December 20, 2011 07:11 AM ET
FRANKFURT (Reuters) - Deutsche Telekom offered no detailed plan of how it will bounce back from the collapse of its deal with AT&T, only assuring investors on Tuesday it was working on a long-term plan for its subscale U.S. wireless unit. | Full Article
General Mills earnings miss
December 20, 2011 08:29 AM ET
(Reuters) - General Mills Inc posted disappointing quarterly earnings, hurt by higher ingredient costs, and its shares fell nearly 3 percent, while rival ConAgra Foods Inc topped Wall Street's expectations. | Full Article
Olympus to issue $1.3 billion in new capital: report
December 20, 2011 06:26 AM ET
TOKYO (Reuters) - Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares to bolster its depleted finances, with Japanese high-tech stalwarts Sony and Fujifilm seen as possible buyers, the Nikkei business daily reported. | Full Article
US TOP NEWS
In mourning, hermit kingdom North Korea seals itself off
December 20, 2011 07:16 AM ET
DANDONG, China/WASHINGTON (Reuters) - North Korea was in seclusion on Tuesday, a day after it announced the death of its leader Kim Jong-il, as concern mounted over what would happen next in the deeply secretive nation that is trying to build a nuclear arsenal. | Full Article
Apple scores limited victory in smartphone patent war
December 20, 2011 12:11 AM ET
TAIPEI (Reuters) - Apple Inc scored a narrow victory against Taiwan's HTC Corp in a patent lawsuit over smartphone technology that will set the stage for further battles between rival makers in the fiercely competitive market. | Full Article
Fierce clashes in Cairo, Clinton voices outrage
December 20, 2011 07:47 AM ET
CAIRO (Reuters) - Egyptian police and soldiers firing guns and teargas fought to clear protesters from Cairo's Tahrir Square Tuesday, the fifth day of clashes that have killed 13 people and drawn a stinging rebuke from Secretary of State Hillary Clinton. | Full Article
House Republicans push for new payroll tax cut talks
December 19, 2011 11:12 PM ET
WASHINGTON (Reuters) - The Republican-led House of Representatives will set the stage on Tuesday for a showdown with Senate Democrats over a payroll tax cut extension that is becoming a proxy for 2012 election year battles. | Full Article
Arab League chief sees monitors in Syria by end: December
December 20, 2011 08:12 AM ET
(Reuters) - The Arab League chief said on Tuesday monitors could be in Syria before the end of the month on an unprecedented mission to assess whether Damascus is implementing an Arab plan to end a bloody crackdown on protests, after weeks of Syrian stalling. | Full Article
HEALTH NEWS
Supreme Court sets Obama healthcare arguments
DHEA hormone may help women through menopause: study
Fake-tan lotion users tend to stay out of sun: study
Patients want to read, share their medical records
Novartis ends study of drug in high risk patients
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