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Wednesday, March 16, 2011

Before the Bell: Stock futures lower as Japan and Mideast crisis eyed

Reuters
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03/16/2011
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LATEST NEWS
Stock futures lower as Japan and Mideast crisis eyed
NEW YORK (Reuters) - U.S. stock index futures fell in volatile trade on Wednesday as Japan struggled with a nuclear crisis and as clashes in Bahrain lifted oil prices, with uncertainty set to drive near-term trading. | Full Article
Mortgage applications fell last week: MBA
March 16, 2011 07:16 AM ET
NEW YORK (Reuters) - Applications for U.S. home mortgages dipped last week despite increased refinancing, an industry report said on Wednesday, suggesting still-stunted demand as the spring selling season nears. | Full Article
Nasdaq faces uphill battle in winning NYSE: experts
March 16, 2011 02:00 AM ET
BOCA RATON, Fla./NEW YORK (Reuters) - Nasdaq OMX Group Inc's possible counterbid for NYSE Euronext faces some big hurdles, including funding a complicated deal and convincing Big Board shareholders that it's better than Deutsche Boerse's offer, experts said. | Full Article
Watchdog says TARP helps perpetuate "Too big to fail"
March 16, 2011 02:02 AM ET
WASHINGTON (Reuters) - The watchdog panel for the $700 billion bank bailout faulted the U.S. government for the last time on Wednesday, saying the program helped underpin the perception that federal authorities will always prevent troubled financial firms from failing. | Full Article
Telecom gear makers to feel Japan supply squeeze
March 16, 2011 07:19 AM ET
STOCKHOLM/HELSINKI (Reuters) - Top mobile telecom equipment makers Ericsson and Alcatel-Lucent are braced for a supply squeeze following Japan's earthquake, adding to fears for a sector hampered by shortages. | Full Article
US TOP NEWS
Workers briefly abandon Japan nuclear plant as crisis worsens
March 16, 2011 07:50 AM ET
TOKYO (Reuters) - Japan's nuclear crisis appeared to be spinning out of control on Wednesday after workers withdrew briefly from a stricken power plant because of surging radiation levels and a helicopter failed to drop water on the most troubled reactor. | Full Article
Japan stocks rebound after sell-off
March 16, 2011 06:11 AM ET
LONDON (Reuters) - Japanese stocks rebounded on Wednesday from a major pummeling that some investors thought overdone, lifting equities elsewhere and allowing the yen to dip from a near record high against the dollar. | Full Article
Snow muffles rescue work in Japan's devastated northeast
March 16, 2011 07:46 AM ET
SENDAI, Japan (Reuters) - - Heavy snow blanketed Japan's devastated northeast on Wednesday, hindering rescue workers and adding to the woes of the few, mainly elderly, residents who remained in the area worst hit by last week's massive earthquake and tsunami. | Full Article
Bahrain forces launch crackdown on protesters
March 16, 2011 07:39 AM ET
MANAMA (Reuters) - Bahraini forces, backed by helicopters, fired tear gas in a crackdown on protesters on Wednesday, clearing hundreds from a camp that had become the symbol of an uprising by the island's Shi'ite Muslim majority. | Full Article
Pakistan court indicts CIA contractor for double murder
March 16, 2011 04:24 AM ET
LAHORE, Pakistan (Reuters) - A Pakistani court on Wednesday formally charged a CIA contractor on two counts of murder at a hearing held at a prison in Lahore, a police official said, in a move that may further strain relations with the United States. | Full Article
HEALTH NEWS
WHO: No significant global spread of Japan radiation
Health coverage still tough to get for individuals
Radiation poses only slight risk to nervous Tokyo: U.S. experts
U.S. to review drug supply after Japan reactor breach
Fortified breast milk may not up preemies' growth
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