RefBan

Referral Banners

Friday, January 25, 2013

Business Today: Stock futures up, S&P 500 poised to rally for an eighth day

Click to View in Browser
01/25/2013
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 up, S&P 500 poised to rally for an eighth day
NEW YORK (Reuters) - Stock index futures gained on Friday and the S&P 500 looked set to extend its best winning streak in more than six years, as rosy earnings from Procter & Gamble came amid a broader backdrop of healthy corporate results.
Procter & Gamble Q2 profit soars, forecast boosted
(Reuters) - Procter & Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to reignite growth in sluggish markets such as the United States.
Apple steps up labor audits, finds underage workers
SAN FRANCISCO (Reuters) - Apple Inc stepped up audits of working conditions at major suppliers last year, discovering multiple cases of underage workers, discrimination and wage problems.
Honeywell profit tops Wall Street view on margin boost
(Reuters) - Honeywell International Inc posted fourth-quarter earnings just above Wall Street estimates, reflecting the diversified U.S. manufacturer's campaign to boost profit margins in the face of sluggish sales growth.
Exclusive: Samsung Total strikes Iran oil deal, lured by cheap fuel - sources
SINGAPORE/SEOUL (Reuters) - South Korea's Samsung Total Petrochemicals Co has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran hard to resist, people familiar with the deal said on Friday.
Japan's airlines back Boeing, as battery probes make slow progress
TOKYO (Reuters) - Japan's leading airlines are firmly behind Boeing Co's 787 Dreamliner, saying they have had no second thoughts on orders for several dozen more of the planes - even as they have $5 billion worth of the futuristic aircraft sitting idle pending a complex investigation into unexplained battery problems.
BlackRock has 5 percent stake in SocGen: French market regulator
PARIS (Reuters) - Asset manager BlackRock has a stake of just over 5 percent of French bank Societe Generale , French market regulator AMF said on Friday.
Britain's economy flirts with "triple dip" recession
LONDON (Reuters) - Britain's economy shrank more than expected at the end of 2012 with a North Sea oil production slump, lower factory output and a hangover from London's Olympics pushing it perilously close to a "triple-dip" recession.
UK court identifies Barclays staff named in rate probe
LONDON (Reuters) - A number of Barclays current and past executives are on a shortlist of individuals named in regulatory documents referring to the bank's attempted rigging of global benchmark interest rates, court documents released on Friday showed.
Italy's Monti calls for investigation of Monte Paschi scandal
SIENA, Italy (Reuters) - Italian Prime Minister Mario Monti called on Friday for an immediate investigation of a widening scandal at Monte dei Paschi di Siena over the historic bank's losses of nearly $1 billion in a series of complex derivatives deals.
Related Video
U.S. Morning Call: Samsung puts the lid on spending
Best of Davos Today: Competition key to recovery
Economic News
Factory activity gains speed, jobless claims drop
Fed balance sheet size hits record in latest week
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: