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Tuesday, June 11, 2013

Business Today: Stock futures drop after Bank of Japan disappoints

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06/11/2013
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 drop after Bank of Japan disappoints
NEW YORK (Reuters) - Stock futures fell on Tuesday after Japan did not offer new measures to calm its bond market, disappointing U.S. investors who are also trying to gauge the future direction of central bank policy at home.
SoftBank raises Sprint offer, wins key shareholder support
TOKYO/NEW YORK (Reuters) - Japanese mobile operator SoftBank Corp said it agreed with Sprint Nextel Corp to raise its offer for the U.S. wireless carrier to $21.6 billion from $20.1 billion, as it fights off a counter bid by Dish Network Corp .
Dole CEO offers $12 per share to buy rest of company
(Reuters) - Dole Food Co Inc , one of the world's largest producers and marketers of fruit and fresh vegetables, received an unsolicited buyout offer from Chief Executive David Murdock valuing the company at just over $1 billion.
Bank of Japan stands pat, leaves door open for market calming steps
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the central bank will consider fresh steps to calm markets if borrowing costs spike again in the future, but the central bank held off on new measures on Tuesday arguing that bond markets had stabilized.
Analysis: Disney goes to Infinity to turn around gaming unit
(Reuters) - When Walt Disney Co introduced its latest video game, Infinity, to the gaming faithful this week at the annual E3 gaming conference, it rented a Los Angeles movie theater to show 30-minute clips of upcoming films and hosted a party with the glitz it usually reserves for its blockbuster movie wannabes.
Boeing raises jetliner demand forecast
PARIS/SEATTLE (Reuters) - Boeing upgraded its 20-year forecast for airplane demand as aerospace firms heading to next week's Paris Airshow look beyond the financial crisis to pin their hopes on Asia.
OPEC sees room for its over-target oil output
LONDON (Reuters) - OPEC predicted world oil demand will grow more quickly in the rest of 2013 and indicated the group can keep pumping more oil than the output target it retained at a May 31 meeting without over-supplying the market.
Boeing scores over $10 billion in U.S. aircraft orders
RIDLEY PARK, Pennsylvania (Reuters) - Boeing Co has won two multibillion dollar U.S. orders for its Chinook helicopters and the V-22 Osprey it builds with Bell Helicopter, sharply expanding the company's backlog at a time when overall U.S. defense spending is starting to decline.
Exclusive: EU to seek WTO ruling against Chinese steel duties - sources
BRUSSELS (Reuters) - The European Union plans to lodge a case with the World Trade Organization against Chinese duties on specialized steel tubes, EU sources said on Tuesday, opening another front in a rapidly escalating trade conflict with Beijing.
Berlin defends ECB bond plan, casts doubt on court's power
KARLSRUHE, Germany (Reuters) - Germany's finance minister defended the European Central Bank's bond-buying scheme against charges it violates German law and questioned whether the country's top court had the power to rule on a scheme many credit with saving the euro zone.
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