Business Today: Stock futures extend losses on Apple dividend

Click to View in Browser 03/19/2012 Stock futures extend losses on Apple dividend NEW YORK (Reuters) - Nasdaq index futures turned negative on Monday after Apple said it will initiate a dividend and share repurchase program. The S&P 500 and the Dow index futures extended losses. Apple to initiate dividend, share buyback (Reuters) - Apple Inc said Monday it will initiate a regular dividend of $2.65 a quarter from July and will buy back up to $10 billion of its own shares starting in fiscal year 2013. UPS to buy TNT for $6.85 billion AMSTERDAM (Reuters) - United Parcel Service will pay $6.85 billion for Dutch peer TNT Express in a deal making the world's largest package delivery company the market leader in Europe. Insight: Natural gas pain is oil's gain as frack crews head to North Dakota NEW YORK (Reuters) - Collapsing natural gas prices have yielded an unexpected boon for North Dakota's shale oil bonanza, easing a shortage of fracking crews that had tempered the biggest U.S. oil boom in a generation. Dun & Bradstreet halts China unit operations amid probe (Reuters) - Dun & Bradstreet , a global business information firm, said some of its local employees in China may have violated U.S. anti-bribery laws and it has suspended operations at one of its local units pending an inquiry. Treasury to announce $25 billion profit on mortgage bonds: WSJ (Reuters) - The Treasury Department may announce on Monday that taxpayers have made a $25 billion profit on mortgage bonds purchased at the height of the meltdown, the Wall Street Journal reported. Baer chairman steps aside, to deal with U.S. probe ZURICH (Reuters) - The chairman of Swiss private bank Julius Baer will head a special committee dealing with a U.S. tax probe after leaving his current role, underlining the pressure Swiss banks are feeling from claims they helped wealthy Americans dodge taxes. Misys agrees $2 billion takeover by Vista LONDON (Reuters) - British banking software company Misys has agreed to be bought by private equity firm Vista Partners for 1.27 billion pounds ($2 billion) after dismissing a merger with a rival and in the absence of a competing bid from its top shareholder. AboveNet agrees to go private for $2.2 billion (Reuters) - Privately-held Zayo Group LLC agreed to buy rival AboveNet Inc , a provider of broadband connections to big companies and carriers, for about $2.2 billion in cash to expand its high bandwidth fiber-based communications business. Insight: Seeds of trouble sown at Diamond Foods years ago (Reuters) - The accounting scandal at snack maker Diamond Foods in recent months may have shocked shareholders and some California walnut farmers. Related Video Breakingviews: U.S. Treasuries rout could be on the cards Reuters Today: Apple decides on $98 bln cash pile Economic News CBO sees higher near-term deficits under Obama plan Amid signs of recovery, caution is still key A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend