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Thursday, December 2, 2010

Before the Bell: Futures tick higher ahead of ECB, jobless data

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Good Morning Pan, THU 02 Dec 2010 
 
Futures tick higher ahead of ECB, jobless data
Pepsi says to buy Russia's WBD for $5.4 billion
Holiday kickoff helped retailers' November sales
ECB keeps rates at record low 1 percent as expected
WikiLeaks says will also expose corporate world
Toll Brothers posts profit
SEC and several banks discuss ending mortgage probe: report
Third-quarter demand for foreclosed homes plummets: survey
JPMorgan countersues collapsed Lehman Brothers
Qantas makes first move to take Rolls-Royce to court

Futures tick higher ahead of ECB, jobless data
December 02, 2010 07:39 AM ET
NEW YORK (Reuters) - Stock index futures rose slightly on Thursday on expectations the European Central Bank may act to relieve market worries of a spreading euro zone debt crisis.

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Pepsi says to buy Russia's WBD for $5.4 billion
December 02, 2010 06:23 AM ET
MOSCOW (Reuters) - Pepsico Inc said on Thursday it had agreed to buy Russian juice and dairy producer Wimm-Bill-Dann for $5.4 billion.

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Holiday kickoff helped retailers' November sales
December 02, 2010 07:51 AM ET
NEW YORK (Reuters) - Several U.S. retailers reported higher-than-expected sales for November, confirming a strong start to a holiday shopping season that could determine whether the U.S. economic recovery has legs.

Full Article

ECB keeps rates at record low 1 percent as expected
December 02, 2010 07:48 AM ET
FRANKFURT (Reuters) - The European Central Bank kept interest rates on hold at a record low of 1 percent as expected on Thursday, as debt fears continue to engulf the euro zone and the region experiences a lopsided economic recovery.

Full Article
 











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