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Friday, February 18, 2011

Before the Bell: Stock futures slip as Wall St eyes 3 weeks of gains

Reuters
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02/18/2011
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LATEST NEWS
Stock futures slip as Wall St eyes 3 weeks of gains
NEW YORK (Reuters) - U.S. stock index futures edged lower on Friday after recent advances pushed indexes to multi-year highs and as Wall Street eyed a third week of gains. | Full Article
G20 split on imbalance indicators, money policy
February 18, 2011 07:25 AM ET
PARIS (Reuters) - The world's major economies were split down the middle on Friday over how to measure imbalances in the global economy in a bid to avert future financial crises, Japan's finance minister said. | Full Article
Campbell Soup cuts '11 forecast
February 18, 2011 07:45 AM ET
NEW YORK (Reuters) - Campbell Soup Co reported lower quarterly profit and cut its full-year forecast, hurt by declining U.S. soup sales. | Full Article
Mergers loom as "flash crash" back in spotlight
February 18, 2011 07:14 AM ET
NEW YORK (Reuters) - The merger frenzy among the world's top exchanges could cast the U.S.-centric "flash crash" debate in a global light, as experts on Friday pitch some possibly radical changes meant to avoid another market breakdown. | Full Article
ECB borrowing spike intensifies bank speculation
February 18, 2011 07:55 AM ET
FRANKFURT (Reuters) - Emergency borrowing from the European Central Bank remained exceptionally elevated for a second straight day on Friday, intensifying speculation that one or more euro zone bank might be facing new funding problems. | Full Article
US TOP NEWS
Bahrainis, Libyans bury dead from protests
February 18, 2011 07:40 AM ET
MANAMA (Reuters) - Thousands of Shi'ites in Bahrain turned out to bury their dead on Friday and funerals were expected in two Libyan towns as both countries mourned victims of government crackdowns on protesters. | Full Article
China raises bank reserves to fight inflation
February 18, 2011 06:47 AM ET
BEIJING (Reuters) - China on Friday raised banks' required reserves by 50 basis points, showing no let-up in a campaign to stamp out stubbornly high inflation. | Full Article
Dodd-Frank tensions headline Senate hearing
February 17, 2011 07:56 PM ET
WASHINGTON (Reuters) - Republicans escalated their push to delay and defund the Dodd-Frank Wall Street reforms on Thursday as top regulators warned the Senate Banking Committee of a staff and funding crunch. | Full Article
Carney strikes conciliatory note at White House podium
February 18, 2011 01:05 AM ET
WASHINGTON (Reuters) - New White House spokesman Jay Carney is a key part of a staff makeover by President Barack Obama that he hopes will bolster his search for common ground with Republicans and help his 2012 re-election bid. | Full Article
Democrats flee Wisconsin to protest union curbs
February 17, 2011 07:32 PM ET
MADISON, Wisconsin (Reuters) - Democrats in the Wisconsin Senate fled the Midwestern U.S. state on Thursday to boycott action on a Republican measure to curtail union rights for public employees as part of a deficit-cutting plan. | Full Article
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