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Tuesday, January 11, 2011

Before the Bell: Stock futures rise after strong Alcoa earnings

Reuters
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01/11/2011
News Good Morning Pan
LATEST NEWS
Stock futures rise after strong Alcoa earnings
NEW YORK (Reuters) - U.S. stock index futures rose on Tuesday as the fourth-quarter earnings season unofficially got started with a strong profit beat from Alcoa and as Europe rebounded from recent losses. | Full Article
Lennar tops Wall Street's view
January 11, 2011 07:49 AM ET
NEW YORK (Reuters) - Lennar Corp , the third-largest U.S. homebuilder, reported quarterly results that bested Wall Street's estimates as margins improved because of cost cuts. | Full Article
China overshoots loan target and more tightening to come
January 11, 2011 07:43 AM ET
BEIJING (Reuters) - China overshot its bank loan target in 2010 and finished the year with money growth still running too fast, underscoring the need for more decisive policy tightening to keep inflation in check. | Full Article
Japan to buy euro debt as Portugal resists bailout
January 11, 2011 07:41 AM ET
TOKYO/LISBON (Reuters) - Japan promised on Tuesday to buy euro zone bonds this month in a show of support for Europe's struggle with a seething debt crisis. | Full Article
Alcoa posts Q4 profit, sees 12-percent aluminum growth
January 10, 2011 10:31 PM ET
NEW YORK (Reuters) - Alcoa Inc, the largest U.S. aluminum producer, reported a fourth-quarter profit on Monday and projected a 12-percent rise in demand for the metal in 2011, driven by aerospace and auto manufacturing. | Full Article
US TOP NEWS
Ex-House leader DeLay gets 3-year prison term
January 10, 2011 08:12 PM ET
AUSTIN, Texas (Reuters) - Former House of Representatives Republican Leader Tom DeLay was sentenced to three years in prison on Monday after a jury found him guilty of money laundering and conspiracy. | Full Article
Suspect in Arizona shooting spree appears in court
January 10, 2011 10:26 PM ET
PHOENIX, Arizona (Reuters) - A troubled 22-year-old college dropout made his first court appearance on Monday on five federal charges, including the attempted assassination of Representative Gabrielle Giffords, who remained in critical condition with a bullet wound to the head. | Full Article
Floods head towards Australia's Brisbane, many evacuate
January 11, 2011 07:13 AM ET
BRISBANE, Australia (Reuters) - Authorities urged thousands of residents to leave the outskirts of Australia's third largest city on Tuesday as others sandbagged homes and stockpiled food in anticipation of rising floodwaters and further heavy rain. | Full Article
Qantas to resume A380 services to Los Angeles from January 16
January 10, 2011 09:41 PM ET
SYDNEY (Reuters) - Qantas Airways will resume Airbus A380 flights between Australia and Los Angeles from January 16, the airline said on Tuesday. | Full Article
Biden on surprise Afghan trip for talks with Karzai
January 10, 2011 07:55 PM ET
KABUL (Reuters) - Vice President Joe Biden arrived in Afghanistan on Monday on a surprise trip to assess a shift in security operations to Afghan forces before a gradual U.S. troop withdrawal starts in July. | Full Article
HEALTH NEWS
Germany finds dioxin in pork as well as poultry
Swine flu survivors developed super flu antibodies
Statins may raise stroke risk in some: study
Quake amputees embody resilience in broken Haiti
Could Arizona shooting have been prevented?
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