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Wednesday, January 25, 2012

Business Today: Apple lifts Nasdaq futures in hesitant market

Reuters
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01/25/2012
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LATEST NEWS
Apple lifts Nasdaq futures in hesitant market
NEW YORK (Reuters) - Dow and S&P 500 index futures edged lower on Wednesday as the market continues to show signs of fatigue this week after a strong run from late last year, but the Nasdaq rose on forecast-beating results from Apple Inc . | Full Article
Apple returns to form, blows Street targets away
January 25, 2012 08:34 AM ET
SAN FRANCISCO (Reuters) - Apple Inc's quarterly results blew past Wall Street's expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory. | Full Article
Roche offers $5.7 billion to buy gene firm Illumina
January 25, 2012 05:41 AM ET
(Reuters) - Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in an unfriendly takeover bid that marks a major play by the Swiss drugmaker into the gene technology field. | Full Article
Fed set to push back timing of eventual rate hike
January 25, 2012 08:04 AM ET
WASHINGTON (Reuters) - The Federal Reserve looks set to keep monetary policy on hold on Wednesday, even as it releases forecasts expected to show interest rates will be near zero for at least two more years. | Full Article
Strong business morale shows Germany will avoid recession
January 25, 2012 06:38 AM ET
BERLIN (Reuters) - German business sentiment rose for the third month in a row in January, beating expectations and offering fresh evidence that Europe's largest economy is shrugging off a sovereign debt crisis that has hammered growth in other euro zone countries. | Full Article
US TOP NEWS
Obama urges taxing the rich, reining in Wall Street
January 25, 2012 08:01 AM ET
WASHINGTON (Reuters) - President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street. | Full Article
Gingrich wants to hear his debate fans roar
January 24, 2012 06:48 PM ET
TAMPA, Florida (Reuters) - Republican presidential candidate Newt Gingrich, coming off one of his most subdued debate performances of the campaign, signaled on Tuesday he may skip future debates unless his supporters are given full license to clap, cheer and roar. | Full Article
Japan's first trade deficit since 1980 raises debt doubts
January 25, 2012 07:12 AM ET
TOKYO (Reuters) - Japan first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors. | Full Article
Iran's Ahmadinejad ups rates to stem money crisis
January 25, 2012 08:29 AM ET
TEHRAN (Reuters) - Iran increased bank interest rates on Wednesday and indicated it would further restrict sales of foreign currency, hoping to halt a spiraling currency crisis after new Western sanctions accelerated a dash for dollars by Iranians worried about their economic future. | Full Article
Greece hoping for debt swap deal as early as this week
January 25, 2012 07:46 AM ET
ATHENS (Reuters) - Greece hopes to complete talks on a debt swap deal with its private creditors as early as this week, a Greek government spokesman said on Wednesday. | Full Article
HEALTH NEWS
Talking things through in your head may help autism
Device makers urge coverage of weight-loss surgery
PFC chemicals tied to immune problems in kids
Swimming lowers older adults' blood pressure
More kids seek tans as they age, may raise skin cancer risk
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