RefBan

Referral Banners

Thursday, September 13, 2012

Business Today: Stock futures edge lower ahead of Fed decision

Click to View in Browser
09/13/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures edge lower ahead of Fed decision
NEW YORK (Reuters) - Stock futures slipped on Thursday as investors awaited data on the labor market and a possible decision on further economic stimulus measures at the conclusion of a policy meeting by the Federal Open Market Committee.
Tropical Storm Isaac boosts jobless claims
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose more than expected last week, with several states reporting an increase related to Tropical Storm Isaac.
Fed seen launching fresh stimulus, details in question
WASHINGTON (Reuters) - The U.S. Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least another three years.
Energy, food prices push up wholesale inflation in August
WASHINGTON (Reuters) - Producer prices rose by the most in three years in August as the cost of energy surged, a government report showed on Thursday, but underlying inflation pressures were contained.
New iPhone boosts forecasts for Apple smartphone sales
(Reuters) - Sales of Apple Inc's new iPhone 5 may be double those of the previous model in its first week on the market, and up to 33 million iPhones may be sold this quarter, brokerage houses forecast on Thursday.
Thai billionaire's $7.2 billion bid for F&N muddies Heineken deal
SINGAPORE (Reuters) - Thai billionaire Charoen Sirivadhanabhakdi launched a $7.2 billion offer to buy out other shareholders of Fraser and Neave Ltd (F&N), potentially derailing Heineken NV's bid to take full control of F&N's prized beer business.
Barclays unit sells $1.4 billion student housing stake to PGGM
LONDON (Reuters) - A Barclays unit has sold a 60 percent stake in Britain's largest student housing landlord, University Partnerships Programme (UPP), to Dutch pension fund manager PGGM in a deal estimated to be worth 840 million pounds ($1.35 billion).
BAE, EADS talks may spur more mergers
LONDON/WASHINGTON (Reuters) - In the biggest shake-up in Europe's aerospace and defense sector in more than a decade, Britain's BAE Systems and Airbus-owner EADS said they are in advanced talks to create an industry giant that would overtake rival Boeing in sales and contend with defense cutbacks in Europe and the United States.
ECB pledge pushes Italy yields down at auction
MILAN (Reuters) - Italian three-year borrowing costs fell to their lowest in almost two years at an auction on Thursday, adding to signs the euro zone's debt crisis has been tempered by bold action by the European Central Bank.
ECB's Nowotny calls for high-frequency trade ban
VIENNA (Reuters) - European Central Bank policymaker Ewald Nowotny called on Thursday for a regulatory ban on high-frequency trading, saying the technique of using computer algorithms to generate multiple high-speed trades had no practical value.
Related Video
U.S. Morning Call: Stock futures quiet ahead of Fed decision
Credit crunch lessons not learned -- MIT's Ross
Economic News
Fed seen launching fresh stimulus, details in question
Number of U.S. poor holds steady but earnings gap grows
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
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 facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: