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Thursday, March 17, 2011

Before the Bell: Stock futures gain but volatility seen on Japan fears

Reuters
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03/17/2011
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LATEST NEWS
Stock futures gain but volatility seen on Japan fears
NEW YORK (Reuters) - Stock index futures bounced on Thursday, a day after Wall Street wiped out much of its gains for the year, but news on Japan's nuclear crisis was set to drive trading in another volatile day for markets. | Full Article
Yen hits record high versus dollar
March 17, 2011 05:50 AM ET
LONDON (Reuters) - The yen briefly hit record highs versus the dollar on Thursday as quake-hit Japan's nuclear crisis unleashed a global risk sell-off, while world stocks ticked higher after Tokyo stocks came off earlier lows. | Full Article
G7 will aim to calm markets as Japan nuclear crisis deepens
March 17, 2011 07:27 AM ET
TOKYO (Reuters) - Financial leaders of the world's richest countries will hold talks on Friday on ways to calm global markets roiled by Japan's nuclear plant crisis and concern it will unravel the world economy's fragile recovery. | Full Article
FedEx profit seen up but curbed by oil and storms
March 17, 2011 07:12 AM ET
NEW YORK (Reuters) - FedEx Corp, the world's largest cargo airline, is expected to report a third-quarter profit that rose from a year ago but was sideswiped by severe winter weather and spiking fuel costs. | Full Article
Five banks in Libor probe: source
March 17, 2011 06:26 AM ET
LONDON (Reuters) - Regulators probing alleged manipulation of Libor rates, the benchmark for interbank borrowing costs, have been focusing on five lenders, a person familiar with the matter said on Thursday. | Full Article
US TOP NEWS
Japan rushes against time to avert nuclear plant meltdown
March 17, 2011 07:46 AM ET
TOKYO (Reuters) - Japanese military helicopters dumped water on an overheating nuclear plant on Thursday while the United States expressed growing alarm about leaking radiation and said it was sending aircraft to help Americans leave the country. | Full Article
U.S. urges citizens to leave Japan
March 17, 2011 07:42 AM ET
TOKYO (Reuters) - Airlines scrambled on Thursday to fly thousands of passengers out of Tokyo as fears about Japan's nuclear crisis mounted and the United States joined other nations urging their citizens to leave. | Full Article
U.S. mulls air strikes as battle for Benghazi looms
March 17, 2011 07:43 AM ET
TRIPOLI (Reuters) - Libyan government soldiers battled rebels on the road to the insurgent stronghold of Benghazi on Thursday as the United States raised the possibility of air strikes to stop Muammar Gaddafi's forces. | Full Article
Congress to buy more time for budget dispute
March 17, 2011 01:11 AM ET
WASHINGTON (Reuters) - The Congress is expected to buy itself more time on Thursday to work out a much-delayed budget deal as the costs of the stalemate are increasingly being felt across the globe. | Full Article
Bahrain arrests 6 opposition leaders after crackdown
March 17, 2011 07:11 AM ET
MANAMA (Reuters) - Bahrain arrested at least six opposition leaders on Thursday, a day after its crackdown on protests by the Shi'ite Muslim majority drew rare U.S. criticism and raised fears of a regional conflict. | Full Article
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