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Wednesday, January 18, 2012

Business Today: Stock futures gain after IMF report, Goldman results

Reuters
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01/18/2012
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LATEST NEWS
Stock futures gain after IMF report, Goldman results
NEW YORK (Reuters) - Stock index futures rose on Wednesday after sources said the International Monetary Fund wants to boost its lending facility as the euro zone battles a long-running debt crisis and after earnings from Goldman Sachs. | Full Article
Goldman 4th-quarter profit falls but beats estimates
January 18, 2012 08:38 AM ET
(Reuters) - Goldman Sachs Group Inc's fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the bank managed to beat analysts' expectations, which had dropped considerably in recent weeks. | Full Article
IMF looks to raise $600 billion in new resources: sources
January 18, 2012 08:33 AM ET
WASHINGTON (Reuters) - The International Monetary Fund is estimating it needs to raise up to $600 billion in new resources to lend to countries struggling with the fallout from the growing euro zone debt crisis, IMF sources said on Wednesday. | Full Article
Yahoo co-founder Jerry Yang resigns
January 18, 2012 08:31 AM ET
SAN FRANCISCO (Reuters) - Yahoo Inc co-founder Jerry Yang has quit the company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that could have transformed the struggling company. | Full Article
More arrests in insider trading probe: sources
January 18, 2012 08:18 AM ET
(Reuters) - The FBI is making several arrests as part of the government's sweeping probe into insider trading, people familiar with the matter said on Wednesday. | Full Article
US TOP NEWS
Divers suspend search of capsized Italy liner
January 18, 2012 08:37 AM ET
GIGLIO, Italy (Reuters) - Divers searching the capsized Italian cruise liner Costa Concordia suspended work on Wednesday after the vast wreck shifted slightly, but officials said they are hoping to resume as soon as possible. | Full Article
All terms on table as Greek debt talks resume: official
January 18, 2012 08:23 AM ET
ATHENS (Reuters) - All terms in a planned debt swap -- including the coupon rate -- are being discussed as talks between Greece and its private creditors resume on Wednesday, a Greek government official said. | Full Article
Fujifilm considering supporting Olympus
January 18, 2012 07:40 AM ET
TOKYO (Reuters) - Japan's Fujifilm Holdings said on Wednesday it is considering supporting scandal-hit endoscope maker Olympus Corp although neither side looks likely to move quickly on an equity alliance that Olympus needs to shore up its finances. | Full Article
Analysis: Not-so-covert Iran war buys West time, raises tension
January 18, 2012 06:49 AM ET
LONDON (Reuters) - A backseat passenger on a motorcycle weaving through the crush of Tehran's morning traffic reaches out and places a small magnetic device on the door of a silver-grey Peugeot 405. | Full Article
Analysis: Spain braces for labor reforms as Rajoy weighs in
January 18, 2012 06:51 AM ET
MADRID (Reuters) - Spain's new government will push ahead within weeks on labor reform aimed at tackling the European Union's highest unemployment rate after unions and employers failed to meet a deadline for agreeing how to modernize a rigid system that harms them both. | Full Article
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