Business Today: TSX may open lower as ECB lending optimism fades

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	12/21/2011
Good Morning LATEST NEWS TSX may open lower as ECB lending optimism fades (Reuters) - Canada's main stock index was set to open lower on Wednesday as the initial enthusiasm faded about strong demand at European Central Bank's three-year tender | Full Article Banks take 489 billion euros in 3-year ECB loans December 21, 2011 08:12 AM ET FRANKFURT (Reuters) - Banks took a huge 489 billion euros at the European Central Bank's first ever offering of three-year funding on Wednesday, raising hope a credit crunch can be avoided and that the money may be used to buy Italian and Spanish bonds. | Full Article Walgreen profit down, says no Express Scripts deal December 21, 2011 08:09 AM ET (Reuters) - Walgreen Co posted a lower quarterly profit as the largest U.S. drugstore chain's margins were hurt by lower reimbursement rates for the prescriptions it fills, fewer flu shots and its spat with pharmacy benefits manager Express Scripts Inc . | Full Article Oracle results shock investors, shares plunge December 21, 2011 05:15 AM ET (Reuters) - Oracle Corp's earnings fell short of Wall Street's forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending. | Full Article Mortgage applications eased last week: MBA December 21, 2011 07:15 AM ET NEW YORK (Reuters) - Applications for home mortgages slipped last week, led by a drop in purchase demand as low interest rates were not enough to entice home buyers, an industry group said on Wednesday. | Full Article US TOP NEWS Exclusive: North Korea's military to share power with Kim's heir December 21, 2011 07:38 AM ET BEIJING (Reuters) - North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son will be at the head of the ruling coterie, a source with close ties to Pyongyang and Beijing said. | Full Article Insight: Boehner leadership in focus in tax cut debate December 20, 2011 11:30 PM ET WASHINGTON (Reuters) - In Congress' tense drama over how to extend payroll tax cuts for 160 million Americans, it may be the most intriguing subplot: whether Republican House Speaker John Boehner is losing his grip on members of his own party. | Full Article Olympus offices, homes raided in accounting scandal December 21, 2011 05:48 AM ET TOKYO (Reuters) - Dozens of black-suited investigators, marching double-file, raided the office building of three small Olympus Corp subsidiaries Wednesday, one of 20 sites searched in a probe of a $1.7 billion accounting scandal that threatens the once-proud Japanese medical device maker's survival. | Full Article China hackers breached U.S. Chamber of Commerce: report December 21, 2011 08:09 AM ET WASHINGTON (Reuters) - Hackers in China broke through the computer defenses of the U.S. Chamber of Commerce last year and were able to access information about its operations and its 3 million members, the Wall Street Journal reported on Wednesday. | Full Article Iraq's Maliki tells Kurds to hand over Sunni leader December 21, 2011 07:33 AM ET BAGHDAD (Reuters) - Iraq's Shi'ite Prime Minister Nuri al-Maliki on Wednesday called on Kurdish authorities to hand Sunni Vice President Tareq al-Hashemi over to judicial officials to face charges his office had run death squads. | Full Article HEALTH NEWS Hong Kong culls chickens at market, bans trade, as H5N1 found Insight: Pharma asks the money question earlier for new drugs Experimental malaria vaccine shows early promise Sleep disorders common in cops: study California sperm donor at odds with federal regulators RELATED VIDEO Bird flu bug hits HK chicken trade Reuters Breakingviews: UK retains credibility despite pensions fudge Inside the News: ECB tender could ease credit crunch fear A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Disgraced duke's figure moved in Madrid wax museum Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend