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Monday, March 7, 2011

Before the Bell: Futures edge up as oil rise continues

Reuters
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03/7/2011
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LATEST NEWS
Futures edge up as oil rise continues
NEW YORK (Reuters) - Stock index futures rose on Monday, indicating Wall Street will recover from Friday's losses even as oil prices continued to spike on unrest in the Middle East and North Africa. | Full Article
U.S. could tap oil reserves as gasoline price surges
March 07, 2011 03:02 AM ET
WASHINGTON/SINGAPORE (Reuters) - The U.S. government reiterated that it could tap its strategic oil reserves in order to safeguard economic growth as surging gasoline prices increase pressure for action. | Full Article
Moody's downgrade tips Greece closer to brink
March 07, 2011 05:56 AM ET
ATHENS/LONDON (Reuters) - Moody's slashed Greece's credit rating by three notches on Monday, raising the specter that the distressed euro zone sovereign may be forced to restructure its debt, perhaps even before 2013. | Full Article
Terumo to buy U.S. medical device firm for $2.6 billion
March 07, 2011 07:20 AM ET
TOKYO (Reuters) - Terumo Corp said it would buy U.S. medical device company CaridianBCT from a Swedish firm for about $2.6 billion, marking the largest acquisition by a Japanese medical equipment maker. | Full Article
Most economists say Fed easing is helping: survey
March 07, 2011 12:26 AM ET
WASHINGTON (Reuters) - Most economists believe the Federal Reserve's bond-purchase program is helping to support U.S. growth, though many remain skeptical, a survey released on Monday found. | Full Article
US TOP NEWS
Wisconsin Senate Democrats say no date set for return
March 07, 2011 12:38 AM ET
MADISON, Wisconsin (Reuters) - Wisconsin Democrats who fled the state more than two weeks ago to block a vote on a Republican plan to limit public union collective bargaining said on Sunday they have no immediate plans to return. | Full Article
Gaddafi counter-attacks, humanitarian fears grow
March 07, 2011 06:20 AM ET
RAS LANUF, Libya (Reuters) - Government troops seeking to dislodge rebels from Libya's coast advanced on an oil town on Monday amid accelerating humanitarian efforts to prevent worsening civilian suffering and a mass refugee exodus. | Full Article
Casualties take focus from Gates's Afghan trip
March 07, 2011 05:30 AM ET
KABUL (Reuters) - U.S. Defense Secretary Robert Gates arrived in Afghanistan on Monday at a time of increased strain between Kabul and its Western backers and with important security transition milestones looming. | Full Article
London Stock Exchange mulls Nasdaq takeover: report
March 06, 2011 09:47 PM ET
LONDON/NEW YORK (Reuters) - The London Stock Exchange is eyeing a takeover of its rival Nasdaq just weeks after announcing a merger with the Toronto stock exchange, the Sunday Times reported. | Full Article
Top Democrat draws line in sand in budget fight
March 06, 2011 05:46 PM ET
WASHINGTON (Reuters) - Assistant Senate Democratic leader Dick Durbin drew a line in the sand on Sunday in his party's budget battle with Republicans, who are pushing deep spending cuts to trim the federal deficit. | Full Article
HEALTH NEWS
Not getting enough sleep? Turn off the technology
Transplant patients a target of Arizona budget cuts
Japan halts Pfizer, Sanofi vaccines after four die
Better than a BMI? New obesity scale proposed
Scientists develop blood test for Down's Syndrome
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