Business Today: Stock futures indicate rebound from recent sell-off

		Click to View in Browser 02/5/2013 Stock futures indicate rebound from recent sell-off NEW YORK (Reuters) - Stock index futures advanced on Tuesday retracing ground lost the prior day, indicating that Wall Street would rebound off its worst daily session since November. Home prices post biggest jump in over six years: CoreLogic NEW YORK (Reuters) - Home prices rose for a tenth consecutive month on a year-over-year basis in December, posting their biggest gain in more than six years, data analysis firm CoreLogic said on Tuesday. Smaller BP's profits down as oil spill trial looms LONDON (Reuters) - Shrinking British oil company BP Plc announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when the case comes to trial later this month. MasterCard doubles dividend, to buy back $2 billion of shares (Reuters) - MasterCard Inc doubled its quarterly cash dividend to 60 cents per share and said it would buy back up to $2 billion of its Class A shares. UBS overhaul bearing fruit despite hefty quarterly loss ZURICH (Reuters) - Swiss bank UBS reported faster-than-expected progress in overhauling its investment bank but its flagship wealth management unit performed disappointingly, weighed down in Europe where Switzerland is under fire for helping tax cheats. Kellogg posts narrower loss, stands by '13 outlook (Reuters) - Kellogg Co reported a narrower quarterly loss on Tuesday helped by improvements in Latin America and stood by its full-year forecast. Boeing asks FAA to allow Dreamliner test flights NEW YORK (Reuters) - Boeing Co has asked the Federal Aviation Administration (FAA) for permission to conduct test flights of its 787 Dreamliner, suggesting the company is making progress in finding a solution to the battery problems that grounded the entire 787 fleet last month. Barclays ducks Qatar questions, takes further mis-selling hit LONDON (Reuters) - Barclays bosses ducked questions on Tuesday over funding for its rescue by Qatar four years ago, as another big charge for mis-selling showed how past problems continue to dog the British bank. ECB to hold rates, Draghi faces Monte Paschi grilling FRANKFURT (Reuters) - The European Central Bank is unlikely to contemplate an interest rate cut at Thursday's policy meeting despite the euro's sharp rise, but its chief almost certainly faces a grilling afterwards over an Italian banking scandal. Euro zone economy shows signs of recovery LONDON (Reuters) - The euro zone's battered economy is probably recovering but the gulf between its two biggest members is widening, according to a survey on Tuesday that showed business optimism in the bloc at an eight-month high. Related Video Daily digit: the euro zone's economic divide Market Pulse: What's moving today and why Economic News Gauge of U.S. business investment plans edges lower High long-term joblessness not here to stay: Fed study 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