RefBan

Referral Banners

Tuesday, September 2, 2014

Business Today: Futures inch higher ahead of manufacturing data

Click to View in Browser
09/2/2014
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
Futures inch higher ahead of manufacturing data
NEW YORK (Reuters) - U.S. stock index futures advanced on Tuesday, after the S&P 500 closed out its best month since February, ahead of reports on the manufacturing sector.
Dollar General sweetens Family Dollar bid, may go hostile
(Reuters) - Dollar General Corp raised its bid for Family Dollar Stores Inc to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
Quantitative easing hopefuls may be disappointed as Draghi plays for time
FRANKFURT (Reuters) - Expectations for further policy action at the European Central Bank's meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools to keep prices in check.
Goldman cuts price target on Bombardier; sees further CSeries delay
TORONTO (Reuters) - Goldman Sachs cut its price target on Bombardier Inc and reiterated a "sell" rating on shares of the train and plane maker on Tuesday, warning it expected the CSeries aircraft's entry into service to be delayed again.
Exclusive: Alitalia, Etihad deal likely to be cleared by end-2014 - source
BRUSSELS (Reuters) - Italian airline Alitalia and Etihad Airways are expected to seek European Union antitrust approval for their deal this month and win clearance by the end of the year after minor concessions, a person familiar with the matter said on Tuesday.
Japan's 'Abenomics' feared in trouble as challenges build
TOKYO (Reuters) - Prime Minister Shinzo Abe's plan for Japan's economy to generate self-sustained growth on the back of his three policy "arrows" of massive monetary easing, spending and reform appears to be faltering - but no magic solution is in sight.
McDonald's to boost China supplier audits after food safety scandal
SHANGHAI (Reuters) - McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc.
Eric Cantor to join investment bank Moelis as vice chairman
(Reuters) - Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said, adding that Cantor will also be elected to its board.
Burger King has maneuvered to cut U.S. tax bill for years
LONDON (Reuters) - Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain's aggressive tax-reduction strategies in recent years.
U.S. business lobby says concerned China antitrust probes unfair
BEIJING (Reuters) - Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc .
Related Video
Breakingviews: Banks risk provoking EU
Breakingviews: China corporate bosses can shrug at pay cuts
Economic News
Quantitative easing hopefuls may be disappointed as Draghi plays for time
In countdown to UK election, rate hike moves to center stage
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: