Business Today: Stock futures mixed but Aetna's $5.7 billion deal shows confidence

		Click to View in Browser 08/20/2012 Stock futures mixed but Aetna's $5.7 billion deal shows confidence Stock index futures were little changed on Monday after posting six weeks of gains, but insurer Aetna's purchase of rival Coventry Health Care for $5.7 billion showed companies are still seeing value in the market. Best Buy says Schulze rejected due diligence deal NEW YORK (Reuters) - Talks between struggling retailer Best Buy Co Inc and its founder Richard Schulze over taking the company private have broken down after the company said Schulze had rejected its offer to conduct due diligence. Greek exit manageable but not preferable: ECB's Asmussen BERLIN (Reuters) - A Greek exit from the euro zone would be manageable, European Central Bank policymaker Joerg Asmussen was quoted on Monday as saying, although he would prefer it if the crisis-stricken country remained within the single currency bloc. Lowe's misses estimates, lags Home Depot (Reuters) - Lowe's Cos Inc reported weaker-than-expected quarterly results and cut its profit outlook for the fiscal year as the world's second-largest home improvement chain lost market share to larger rival Home Depot Inc . Analysis: Euro woes tilt financial power in Asia's favor LONDON (Reuters) - As European banks retrench to recover from the global financial meltdown, they are finding ready buyers in Asia for everything from loans to entire insurance and broking operations. JPMorgan picks panel for "whale" inquiry (Reuters) - JPMorgan Chase & Co has picked Lee Raymond, ex-chief executive officer of Exxon Mobil Corp , to head an inquiry by company directors into losses in a credit derivative portfolio run by its London-based Chief Investment Office, according to a source familiar with the matter. Walmart brings layaway back early, tweaks fees, adds items (Reuters) - Walmart is bringing back layaway a month early, giving U.S. shoppers under economic pressure more time to pay for holiday gifts, and will refund related fees with gift cards once payments are completed. GM to recall 249,260 midsize SUVs for fire hazard (Reuters) - General Motors Co will recall 249,260 midsize sport utility vehicles to correct a potential fire hazard, a U.S. government safety agency said. Insurer Aetna to buy Coventry Health for $5.6 billion (Reuters) - Insurer Aetna Inc said it will buy rival Coventry Health Care Inc for $5.6 billion in cash and stock to boost its share of government business and benefit from U.S. healthcare reforms. CME sets sights on NYSE Euronext and Deutsche Boerse LONDON (Reuters) - CME Group Inc , the main U.S. futures market, plans to launch a European derivatives exchange in a challenge to NYSE Euronext and Deutsche Boerse , which dominate the European futures business. Related Video Rough Cuts: Gu Kailai handed suspended death sentence Trouble in paradise for Southeast Asia investors? Economic News Consumer sentiment at three-month high in early August U.S. leading economic indicators rise in July 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