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Friday, January 28, 2011

Before the Bell: Futures little changed ahead of GDP data

Reuters
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01/28/2011
News Good Morning Pan
LATEST NEWS
Futures little changed ahead of GDP data
NEW YORK (Reuters) - Stock index futures were little changed on Friday, a day after equities hit a new 29-month high, as investors awaited a key reading on economic growth. | Full Article
Ford posts lower fourth quarter profit on debt payback
January 28, 2011 07:15 AM ET
DETROIT (Reuters) - Ford Motor Co posted an 80 percent drop in fourth quarter earnings after a charge on debt payments but raised its forecast for North American production in the current quarter and its outlook for full-year industry sales. | Full Article
Consumer spending seen helping quarterly growth
January 28, 2011 07:13 AM ET
WASHINGTON (Reuters) - The U.S. economy probably gathered speed in the fourth quarter, with the biggest gain in consumer spending in four years offering the clearest signal yet that a sustainable recovery is under way. | Full Article
Sara Lee to split in two
January 28, 2011 07:48 AM ET
NEW YORK (Reuters) - Sara Lee Corp said on Friday it plans to split up into two separate companies focusing on North American meats and international coffee and tea. | Full Article
U.S. and Japan told time running out to deal with debt
January 28, 2011 02:02 AM ET
TOKYO/WASHINGTON (Reuters) - Japan and the United States faced new pressure to confront their swollen budget deficits as the IMF and rating agencies demanded more evidence they can bring their public debts under control. | Full Article
US TOP NEWS
Egypt police fire rubber bullets at Cairo protests
January 28, 2011 07:13 AM ET
CAIRO (Reuters) - Egyptian riot police fired rubber bullets at protesters who had promised a "Friday of Wrath" in Cairo to demand the end of President Hosni Mubarak's 30-year rule as part of a wave of unrest gripping the Middle East. | Full Article
China rating agency blames U.S. for "credit war"
January 28, 2011 07:20 AM ET
BEIJING (Reuters) - The United States is effectively printing cheap dollars as it implements an ultra-loose policy to spur its flagging economy, setting the stage for "a world credit war," a Chinese rating agency said on Friday. | Full Article
Companies pull hard in pricing tug-of-war
January 28, 2011 07:35 AM ET
LONDON (Reuters) - Fretful central bankers and hard-pressed consumers hoping companies will swallow rising input costs look set to be disappointed as evidence grows that prices will increase in coming months. | Full Article
Microsoft's Windows disappoints on lukewarm PC sales
January 28, 2011 06:13 AM ET
SEATTLE (Reuters) - Sales of Microsoft Corp's Windows software fell short of outsized expectations, rekindling fears that the spread of mobile gadgets will erode its main PC-focused business. | Full Article
BofA may pay higher share of bonus in cash: report
January 28, 2011 01:48 AM ET
(Reuters) - Bank of America Corp may give some investment bankers a greater share of their bonus payments in cash for 2010 compared to the previous year, the Wall Street Journal said, citing people familiar with the situation. | Full Article
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