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Tuesday, February 21, 2012

Business Today: Stock futures up as Europe approves Greece deal

Reuters
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02/21/2012
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LATEST NEWS
Stock futures up as Europe approves Greece deal
NEW YORK (Reuters) - Stock index futures rose on Tuesday after euro zone finance ministers secured a deal that will enable Greece to avoid a March default. | Full Article
Europe seals new Greek bailout to avert default
February 21, 2012 08:16 AM ET
BRUSSELS (Reuters) - Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default next month after forcing Athens to commit to unpopular cuts and private bondholders to accept deeper losses. | Full Article
Wal-Mart holiday profit just short of Street view
February 21, 2012 08:08 AM ET
(Reuters) - Wal-Mart Stores Inc's fourth-quarter profit came in just short of Wall Street's expectations, sending its shares down 2.6 percent, as it cut prices to win over U.S. shoppers during the holiday season. | Full Article
Alibaba offers to take listed unit private for $2.5 billion
February 21, 2012 08:01 AM ET
SHANGHAI (Reuters) - Chinese e-commerce firm Alibaba Group has offered to take its Hong Kong-listed unit Alibaba.com private at a cost of around HK$19.6 billion ($2.5 billion), a move it said was not related to a possible deal with Yahoo Inc on buying back Yahoo's stake in the Chinese Internet giant. | Full Article
Kraft sees charges from break-up
February 21, 2012 07:41 AM ET
(Reuters) - Kraft Foods Inc expects earnings to rise at least 9 percent this year even as it prunes its portfolio of North American brands. | Full Article
US TOP NEWS
Iran says would act against enemies if endangered
February 21, 2012 08:28 AM ET
TEHRAN (Reuters) - Iran would take pre-emptive action against its enemies if it felt its national interests were endangered, the deputy head of the Islamic Republic's armed forces was quoted by a semi-official news agency as saying on Tuesday. | Full Article
In shift, Obama campaign targets Santorum on economy
February 21, 2012 08:25 AM ET
WASHINGTON (Reuters) - President Barack Obama's re-election campaign regularly rips Republican presidential frontrunner Mitt Romney for his economic policies. On Tuesday, it added former Senator Rick Santorum to its list of top targets. | Full Article
Strauss-Kahn held by police in French prostitution probe
February 21, 2012 07:47 AM ET
LILLE, France (Reuters) - Former IMF chief Dominique Strauss-Kahn was taken in for questioning on Tuesday by police investigating an alleged prostitution ring run out of the northern French city of Lille. | Full Article
Foreign investors fear Japan banks may hijack Olympus
February 21, 2012 05:41 AM ET
LONDON/TOKYO (Reuters) - Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid growing signs that the firm's major creditors are considering installing their own appointees in the top jobs. | Full Article
Yemenis vote for post-Saleh era amid violence
February 21, 2012 05:13 AM ET
ADEN/SANAA (Reuters) - Yemen sealed President Ali Abdullah Saleh's exit from power on Tuesday by electing his deputy to shepherd the country away from the brink of civil war. | Full Article
HEALTH NEWS
Brain study finds what eases pain of financial loss
Santorum calls Obama health program bad for marriage
Alcohol seen killing 200,000 Britons in next 20 years
Cold-water baths may soothe aches, risks
Fructose not linked to extra weight gain: report
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