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Wednesday, February 15, 2012

Business Today: Stock futures trim gains on Greece news

Reuters
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02/15/2012
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Stock futures trim gains on Greece news
NEW YORK (Reuters) - Stock index futures briefly trimmed gains on Wednesday after news euro zone finance officials were examining ways of delaying parts or even all of a second bailout for Greece, while still avoiding a disorderly default. | Full Article
Greek conservative takes bailout pledge to the wire
February 15, 2012 08:33 AM ET
ATHENS (Reuters) - Greek conservative leader Antonis Samaras will send a letter of commitment to the terms of an EU/IMF bailout deal within the day, a party source said on Wednesday, with the country's bankruptcy rescue hanging in the balance. | Full Article
Kellogg to buy Pringles from P&G for $2.7 billion
February 15, 2012 08:00 AM ET
(Reuters) - Kellogg Co said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength in the cereal business. | Full Article
North and south split as euro zone economy shrinks
February 15, 2012 07:47 AM ET
BRUSSELS/PARIS (Reuters) - The euro zone economy shrank at the end of 2011 and will flirt with a mild recession under the weight of the sovereign debt crisis, but strength in France and resilience in Germany may keep it above water. | Full Article
Deere profit beats expectations; raises forecast
February 15, 2012 07:27 AM ET
(Reuters) - Deere & Co reported a 4 percent rise in quarterly earnings on Wednesday due to growing demand for farming and construction machinery and higher prices. | Full Article
US TOP NEWS
Syrian forces raid Damascus, opposition cities despite outcry
February 15, 2012 08:04 AM ET
AMMAN (Reuters) - Syrian government forces attacked the opposition strongholds of Homs and Hama on Wednesday and also raided a district of Damascus in the closest military operation to the capital's centre since an uprising against President Bashar al-Assad broke out 11 months ago. | Full Article
Obama to stress "insourcing" as China counterweight
February 15, 2012 08:36 AM ET
WASHINGTON (Reuters) - President Barack Obama takes his election-year economic message to the Midwestern heartland on Wednesday, touring a Wisconsin padlock factory and stressing the potential of "insourcing" jobs back to the United States from overseas. | Full Article
Obama friendly but firm with China heir apparent
February 15, 2012 07:13 AM ET
WASHINGTON (Reuters) - President Barack Obama told Chinese leader-in-waiting Xi Jinping on Tuesday that Beijing must play by the same trade rules as other major world powers and vowed to keep pressing China to clean up its human rights record. | Full Article
Iran trumpets atom advances, deepening standoff with West
February 15, 2012 08:04 AM ET
TEHRAN (Reuters) - Iran trumpeted advances in nuclear technology on Wednesday, citing new uranium enrichment centrifuges and domestically made reactor fuel, in a move abetting a drift towards confrontation with the West over its disputed atomic ambitions. | Full Article
Yahoo-Alibaba talks falling apart: sources
February 15, 2012 06:50 AM ET
SAN FRANCISCO (Reuters) - Talks between Yahoo Inc and China's Alibaba Group over the U.S. Internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation. | Full Article
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