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Thursday, January 26, 2012

Business Today: Futures higher after Fed move

Reuters
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01/26/2012
News Good Morning
LATEST NEWS
Futures higher after Fed move
NEW YORK (Reuters) - Stock index futures rose on Thursday, adding to gains from the previous session when the Federal Reserve boosted equities by saying it was likely to keep interest rates near zero until at least late 2014. | Full Article
Jobless claims rise, but trend points to improvement
January 26, 2012 08:33 AM ET
WASHINGTON (Reuters) - New U.S. claims for unemployment benefits rose last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions. | Full Article
Caterpillar profit surges past expectations
January 26, 2012 08:20 AM ET
(Reuters) - Caterpillar Inc reported a 58 percent rise in quarterly earnings that far exceeded Wall Street expectations on Thursday due to increased global demand for construction machinery and mining equipment. | Full Article
AT&T posts big loss on hefty charges, iPhone costs
January 26, 2012 08:35 AM ET
(Reuters) - AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone, sending its shares down more than 2 percent . | Full Article
Bernanke has "finger on trigger" for new bond buys
January 26, 2012 08:00 AM ET
CHICAGO/NEW YORK (Reuters) - The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy. | Full Article
US TOP NEWS
Japan's NEC to slash 10,000 jobs
January 26, 2012 05:15 AM ET
TOKYO (Reuters) - NEC Corp said Thursday it will slash 10,000 jobs, almost one in 10 of its workers, in a bid to cut costs as competition from foreign rivals including Apple Inc pushes it deep into the red. | Full Article
Greek debt talks resume in race against the clock
January 26, 2012 07:32 AM ET
ATHENS (Reuters) - Greece resumes tortuous negotiations on a debt swap with private creditors in Athens on Thursday, with the European Central Bank thrown into the mix after IMF chief Christine Lagarde said public sector holders of Greek debt may need to take losses too. | Full Article
Analysis: Italy - a buy for the brave
January 26, 2012 05:39 AM ET
DAVOS (Reuters) - Italy could turn out to be the investment bet of the decade if European Union leaders manage to contain the euro zone crisis. | Full Article
In historic shift, Fed sets inflation target
January 25, 2012 06:35 PM ET
(Reuters) - The Federal Reserve took the historic step on Wednesday of setting an inflation target, a victory for Chairman Ben Bernanke that brings the Fed in line with many of the world's other major central banks. | Full Article
Nintendo sees first annual loss, cuts 3DS forecast
January 26, 2012 04:24 AM ET
(Reuters) - Nintendo Co Ltd posted a sharp drop in quarterly profit and forecast a bigger-than-expected full-year loss, its first at an operating level, as it battles a strong yen and its games devices lose ground to gadgets such as Apple's iPhone. | Full Article
HEALTH NEWS
French breast implant boss arrested
Bill Gates injects $750 million into troubled AIDS fund
Roche's Avastin helps colorectal cancer patients
Men's hopes for robot prostate surgery unrealistic
Kids' health predicts parents' future heart disease: study
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