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Wednesday, February 2, 2011

Before the Bell: Stock futures flat after recent gains, ahead of ADP report

Reuters
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02/2/2011
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LATEST NEWS
Stock futures flat after recent gains, ahead of ADP report
NEW YORK (Reuters) - Stock index futures were little changed on Wednesday, a day after the Dow and S&P advanced to their highest close in about 2-1/2 years as investors looked ahead to new data on the labor market. | Full Article
Time Warner revenue and profit up on cable ad sales
February 02, 2011 07:44 AM ET
NEW YORK (Reuters) - Time Warner Inc posted a rise in fourth quarter revenue and profit thanks to a 21 percent jump in advertising sales at its cable networks division. | Full Article
Planned layoffs rise 20 percent in Jan: Challenger
February 02, 2011 07:37 AM ET
NEW YORK (Reuters) - The number of planned layoffs at U.S. firms in January rose 20 percent from the previous month to 38,519, but the tally was still the lowest for a January since at least 1993, according to a report released on Wednesday. | Full Article
Mattel beats Wall Street on strong demand
February 02, 2011 06:53 AM ET
(Reuters) - Mattel Inc, the No.1 toymaker, posted quarterly results that breezed past market estimates, helped by strong demand for its core brands Barbie and American Girl. | Full Article
Panasonic plans more cost cuts; profit falls
February 02, 2011 06:41 AM ET
TOKYO (Reuters) - Panasonic Corp plans further cost cuts to compete with South Korean rivals including Samsung, after stiff price competition in televisions and a stronger yen hurt its quarterly profit. | Full Article
US TOP NEWS
Egypt's army tells anti-Mubarak protesters "enough"
February 02, 2011 07:00 AM ET
CAIRO (Reuters) - Egypt's armed forces on Wednesday told protesters clamoring for an end to President Hosni Mubarak's 30-year-rule that their demands had been heard and they must clear the streets. | Full Article
Monster storm carves path across United States
February 01, 2011 09:34 PM ET
CHICAGO (Reuters) - A monster winter storm stretching from New Mexico to Maine laid down a sheet of ice on the Plains and lower Midwest on Tuesday, turning to snow as it crept north, and forecasters said the worst was yet to come. | Full Article
U.S. probes BP for gas market manipulation
February 02, 2011 03:12 AM ET
LONDON (Reuters) - BP said U.S. regulators were considering filing charges against it related to alleged manipulation of the gas market. | Full Article
Yemen president says won't extend term or pass to son
February 02, 2011 05:11 AM ET
SANAA (Reuters) - Yemeni President Ali Abdullah Saleh, a key U.S. ally against al Qaeda, said on Wednesday he will not seek to extend his presidency in a move that would end his three-decade rule when his current term expires in 2013. | Full Article
Australia braces for "heartbreak" as giant cyclone hits
February 02, 2011 07:45 AM ET
CAIRNS, Australia (Reuters) - One of the most powerful cyclones on record began pounding Australia's northeast coast on Wednesday, threatening tourist cities and sending people scrambling to find refuge after police turned them away from overcrowded shelters. | Full Article
HEALTH NEWS
U.S. health system not helping heart disease: CDC
Study finds way to predict when cancer will spread
Gum, patches help reluctant quitters smoke less
More doubts about acupuncture for labor pain
New vaccine schedule ups kids' protection: experts
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