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Thursday, February 10, 2011

Before the Bell: Stock futures fall on earnings; jobless claims eyed

Reuters
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02/10/2011
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LATEST NEWS
Stock futures fall on earnings; jobless claims eyed
NEW YORK (Reuters) - U.S. stock index futures fell on Thursday on disappointing earnings from Cisco and Credit Suisse before weekly jobless claims data. | Full Article
Exchange consolidation race heats up
February 10, 2011 06:35 AM ET
LONDON/HONG KONG (Reuters) - Deutsche Boerse and NYSE Euronext's plan to create the world's largest exchange has sent competitors around the world scurrying to find partners, accelerating an industry shake-up. | Full Article
PepsiCo cuts growth goal for second time
February 10, 2011 07:35 AM ET
NEW YORK (Reuters) - PepsiCo Inc cut its full-year earnings growth target for the second time on Thursday, citing higher commodity costs, a difficult economy and investments in emerging markets. | Full Article
Sprint revenue rises, adds subscribers
February 10, 2011 07:23 AM ET
NEW YORK (Reuters) - Sprint Nextel posted a 6 percent increase in quarterly revenue, and it added mobile subscribers for the first quarter in more than three years, sending its shares up nearly 4 percent in early trade. | Full Article
Rio Tinto payout tops estimates, unveils $5 billion buyback
February 10, 2011 04:02 AM ET
MELBOURNE (Reuters) - Rio Tinto surprised investors by more than doubling its full-year dividend and promising to return $5 billion to shareholders over the next two years to soak up bumper cashflows after it reported a record second-half profit. | Full Article
US TOP NEWS
Republican presidential hopefuls woo the right
February 10, 2011 01:04 AM ET
WASHINGTON (Reuters) - Republicans have no clue who they will nominate to face President Barack Obama in 2012, but conservative aspirants to the nation's highest office are hoping to put their names in play this week. | Full Article
Facebook and Google size up takeover of Twitter: report
February 09, 2011 11:47 PM ET
NEW YORK (Reuters) - Google Inc and Facebook Inc, plus others, have held low level takeover talks with Twitter that give the Internet sensation a value as high as $10 billion, the Wall Street Journal reported. | Full Article
Cisco spooks Street again with weak outlook, margins
February 09, 2011 09:46 PM ET
NEW YORK (Reuters) - Network equipment maker Cisco Systems Inc's CEO John Chambers spooked investors for the third time in as many quarters, warning of dwindling public spending and weaker margins from tough competition. | Full Article
U.S. home foreclosures rise in January
February 10, 2011 12:42 AM ET
NEW YORK (Reuters) - U.S. home foreclosures jumped 12 percent last month, but the sharp divide between states suggests the industry remains backlogged by investigations into the foreclosure process. | Full Article
Intelligence chiefs face grilling on costs
February 10, 2011 01:06 AM ET
WASHINGTON (Reuters) - U.S. intelligence chiefs head to Congress on Thursday to answer questions about the soaring costs of spycraft and shifting threats to the United States nearly a decade after the September 11 attacks in 2001. | Full Article
HEALTH NEWS
Lymph node removal not needed for some breast cancer
Testicular cancer deaths double with after 40 diagnosis
U.S. scientists recreate heart defect in a lab dish
Immune imbalance in gut may trigger celiac disease
Weight, race tied to fertility treatment success
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