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Monday, January 24, 2011

Before the Bell: Futures flat, Halliburton rises on results

Reuters
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01/24/2011
News Good Morning Pan
LATEST NEWS
Futures flat, Halliburton rises on results
NEW YORK (Reuters) - Stock index futures were little changed on Monday as investors assessed whether a rally that started about two months ago had any more steam left. | Full Article
Treasury's toxic asset funds gain 27 percent
January 24, 2011 07:10 AM ET
WASHINGTON (Reuters) - The U.S. Treasury's toxic asset funds have gained 27 percent since they were created to help revive the mortgage-backed securities market, according to data expected to be released later on Monday. | Full Article
Halliburton profit rises, tops Wall St view
January 24, 2011 07:47 AM ET
NEW YORK (Reuters) - Halliburton Co , the world's second-largest oilfield services company, posted a higher-than-expected quarterly profit on strong demand in its North American market. | Full Article
RockTenn to buy Smurfit Stone for $3.5 billion
January 23, 2011 11:18 PM ET
NEW YORK (Reuters) - Packaging and paper company RockTenn Co has agreed to buy bigger rival Smurfit-Stone Container Corp for $3.5 billion in cash and stock seven months after Smurfit emerged from bankruptcy with less debt and higher profit potential. | Full Article
Private equity vies for Sara Lee: sources
January 23, 2011 08:32 PM ET
PHILADELPHIA/NEW YORK, Jan 23 (Reuters) - Coffee and meat company Sara Lee Corp will this week weigh an offer from a group of private equity firms which values the company at up to $20 a share or nearly $13 billion, a source familiar with the situation said on Sunday. | Full Article
US TOP NEWS
Obama speech may spur fight over pace of budget cuts
January 23, 2011 08:35 PM ET
WASHINGTON (Reuters) - President Barack Obama's State of the Union address Tuesday is likely to ignite a clash with Republicans over the federal deficit and the pace of budget cuts, an issue that may dominate the political debate this year. | Full Article
Morgan Stanley banker drawn into Galleon investigation: report
January 24, 2011 12:54 AM ET
(Reuters) - A Morgan Stanley banker named Kamal Ahmed is under investigation by U.S. authorities for leaking information regarding an upcoming takeover that ultimately was passed on to Galleon Group founder Raj Rajaratnam, the Wall Street Journal said, citing people close to the situation. | Full Article
Sarkozy lays out G20 agenda, targets commodities
January 24, 2011 07:22 AM ET
PARIS (Reuters) - French President Nicolas Sarkozy said in a speech laying out his G20 agenda on Monday that the world's top economies must agree new measures to curb volatility in commodity markets or risk destabilizing food riots. | Full Article
U.S. power unbeatable for decades: China policy planner
January 24, 2011 02:29 AM ET
BEIJING (Reuters) - The United States will retain unchallengeable global dominance for at least two decades, a top Chinese official has said in an essay urging his government to find a balance between assertion and restraint. | Full Article
Don't rule out debt buy-back idea: Juncker
January 24, 2011 02:03 AM ET
BERLIN (Reuters) - European leaders should not shy away from a proposal to buy back the bonds of troubled euro member states but should not rely too much on rich countries, Eurogroup Chief Jean-Claude Juncker said. | Full Article
HEALTH NEWS
EU price cuts and U.S. reform weigh on Big Pharma
Fitness guru Jack LaLanne dies at 96 in California
Congresswoman Giffords on road to rehab in Texas
Thousands protest in Berlin over dioxin scandal
U.S. company to stop making drug used in executions
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