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Thursday, January 6, 2011

Before the Bell: Optimism lifts futures ahead of jobless claims

Reuters
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01/6/2011
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LATEST NEWS
Optimism lifts futures ahead of jobless claims
NEW YORK (Reuters) - Stock index futures rose on Thursday on upbeat sentiment after surprisingly strong data on jobs creation suggested the world's biggest economy was on a solid path to recovery. | Full Article
December retail sales dented by blizzard, frugality
January 06, 2011 07:35 AM ET
NEW YORK (Reuters) - Several top U.S. retailers missed Wall Street's high expectations for December sales as a paralyzing post-Christmas blizzard on the East Coast slowed what had been a two-month shopping spree. | Full Article
BP, Transocean shares shrug off U.S. oil spill report
January 06, 2011 06:50 AM ET
LONDON (Reuters) - Shares in BP and Transocean rose on Thursday as investors bet a new U.S. Presidential panel report that spread the blame for the country's worst-ever oil spill meant the firms would avoid the massive costs of a gross negligence charge. | Full Article
LinkedIn plans to go public in 2011: sources
January 06, 2011 07:26 AM ET
NEW YORK (Reuters) - LinkedIn, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process told Reuters. | Full Article
China to buy 6 billion euros of Spanish debt: report
January 06, 2011 04:51 AM ET
MADRID (Reuters) - Chinese Vice Premier Li Keqiang has said his country is willing to buy about 6 billion euros ($7.9 billion) of Spain's public debt, Spanish newspaper El Pais reported on Thursday, citing government sources. | Full Article
US TOP NEWS
Obama renominates MIT economist Diamond for Fed Board
January 05, 2011 10:48 PM ET
WASHINGTON (Reuters) - President Barack Obama on Wednesday renominated economist and Nobel laureate Peter Diamond to the Federal Reserve Board, sticking with a pick that has already been thwarted by Senate Republicans twice. | Full Article
China says yuan not main cause of Sino-U.S. trade imbalance
January 06, 2011 06:57 AM ET
BEIJING (Reuters) - The yuan exchange rate is not the main cause of the trade imbalance between China and the United States, the Chinese Foreign Ministry said on Thursday. | Full Article
U.S. to send 1,400 extra troops to Afghanistan: report
January 06, 2011 07:45 AM ET
WASHINGTON (Reuters) - The United States plans to send 1,400 additional combat Marines to Afghanistan to try to hold on to recent but fragile security gains, only months before a planned U.S. drawdown, The Wall Street Journal reported Thursday. | Full Article
Asia scrambles to contain food inflation
January 06, 2011 07:09 AM ET
SINGAPORE (Reuters) - Record high food prices are moving to the top of the agenda for many Asian policymakers as the prospect of higher inflation in 2011 poses a major threat to the region's strong revival from the global financial crisis. | Full Article
Seoul rejects North Korea's talks offer as "propaganda"
January 06, 2011 05:26 AM ET
SEOUL (Reuters) - South Korea has dismissed a North Korean call for unconditional talks to ease tensions, saying on Thursday the offer was "propaganda" it does not take seriously. | Full Article
HEALTH NEWS
Autism-vaccine researcher a "fraud": medical journal
Recession dents growth of healthcare spending
Newer tobacco products to face FDA review
AIDS gel prevents infection in monkeys
Be wary of CPR lessons on YouTube: study
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