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Thursday, September 12, 2013

Business Today: Futures flat before weekly jobless claims report

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09/12/2013
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Futures flat before weekly jobless claims report
NEW YORK (Reuters) - U.S. stock index futures were little changed on Thursday after a seven-days straight rise by stocks and before a jobless claims report which could influence investors' bets about the Federal Reserve's stimulus policy.
U.S. jobless claims fall; reading clouded by processing snafu
WASHINGTON (Reuters) - The number of new U.S. jobless claims fell sharply last week but much of the decline appeared due to technical problems in claims processing, clouding the last major reading of labor market health before a Federal Reserve meeting.
U.S. export prices fall for 6th straight month; import prices flat
WASHINGTON (Reuters) - U.S. export prices fell for the sixth straight month in August while prices for non-petroleum imports fell, signs of slack in global demand and in the domestic economy.
Michael Dell, Silver Lake should win shareholder OK for $25 billion buyout today
AUSTIN, Texas (Reuters) - Michael Dell is expected on Thursday to clinch shareholder approval for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing uncertainty that has clouded the world's No. 3 PC maker.
Hotel operator Hilton files for $1.25 billion IPO
(Reuters) - Hotel operator Hilton Worldwide Inc, backed by Blackstone Group LP, filed for an initial public offering of up to $1.25 billion.
Lululemon shares slide as outlook trimmed
TORONTO (Reuters) - Retailer Lululemon Athletica Inc , recovering from a setback after its see-through yoga pants were recalled earlier this year, trimmed its outlook on Thursday.
Bank of England's Carney says stimulus working, wary of new "false dawn"
LONDON (Reuters) - Bank of England Governor Mark Carney defended his policy of forward guidance to lawmakers on Thursday and said signs of recovery in Britain's economy could prove to be another "false dawn".
Retailers discuss compensation for Bangladesh factory disasters
(Reuters) - A dozen retailers and clothing brands are meeting in Geneva to discuss providing compensation to the victims of the Rana Plaza and Tazreen factory disasters in Bangladesh, although several companies were noticeable by their absence.
Analysis: Europe's gas risks to rise as African share increases
LONDON (Reuters) - Gas supplies to Europe will become less reliable as much of its new demand in the coming decade will have to be met with gas from politically unstable countries in Africa.
Europe clears critical hurdle on road to banking union
STRASBOURG/BRUSSELS (Reuters) - Europe took a significant step forward in its ambitions to create a single banking framework for the euro zone on Thursday after EU lawmakers granted new powers to the European Central Bank to oversee the currency bloc's banks.
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