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Wednesday, April 3, 2013

Business Today: Stock futures flat with S&P record in view

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04/3/2013
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Stock futures flat with S&P record in view
NEW YORK (Reuters) - Stock index futures were little changed on Wednesday as investors awaited the latest round of economic data and the S&P 500 edged even closer to an all-time intraday high.
Private sector added 158,000 jobs in March: ADP
NEW YORK (Reuters) - Private employers added 158,000 jobs in March, the smallest gain in five months and falling short of economists' expectations, a report by a payrolls processor showed on Wednesday.
Ex-Goldman trader Taylor turning himself in to authorities: sources
NEW YORK (Reuters) - Ex-Goldman Sachs Group Inc trader Matthew Marshall Taylor is expected to turn himself in to federal authorities to plead guilty to charges that he defrauded the Wall Street bank out of $118 million in 2007, two sources familiar with the matter said.
Vodafone shares drop after Verizon rules out takeover
LONDON (Reuters) - Shares in Vodafone fell on Wednesday after Verizon Communications ruled out a full takeover, turning the focus yet again to whether the two telecom giants can do a deal over their Verizon Wireless joint venture.
Mortgage applications fell last week: MBA
NEW YORK (Reuters) - Applications for home mortgages fell last week, as a decline in refinancing activity offset higher demand for purchase loans, an industry group said on Wednesday.
Euro zone inflation continues fall in March
BRUSSELS (Reuters) - The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March, according to a first estimate from the EU's statistics agency Eurostat on Wednesday.
Barclays put profit ahead of customers
LONDON (Reuters) - Barclays put profit ahead of customers and standards within the bank were allowed to slip from the early 2000s, veteran lawyer Anthony Salz said following his review of business practices at Britain's second-largest lender.
Indian PM says downturn passing, asks industrialists for faith
NEW DELHI (Reuters) - Indian Prime Minister Manmohan Singh urged business leaders on Wednesday to keep faith in his Congress-led government's efforts to improve a dire investment climate, without giving details of fresh steps to bring about a recovery in the sagging economy.
New Cyprus finance minister says will fully meet bailout terms
NICOSIA (Reuters) - Cyprus is committed to meeting all the terms of a 10 billion euro bailout deal agreed with international lenders last week, the euro zone state's new finance minister Harris Georgiades said on Wednesday.
Report urges Barclays to make pay realistic
LONDON (Reuters) - Barclays needs to further rein in pay for top staff if it wants to repair its reputation after an interest rate rigging scandal, a report commissioned by the bank said on Wednesday.
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