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Wednesday, March 30, 2011

Before the Bell: Stock futures rise ahead of ADP, M&A lifts sentiment

Reuters
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03/30/2011
News Good Morning Pan
LATEST NEWS
Stock futures rise ahead of ADP, M&A lifts sentiment
NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as merger and acquisition activity lifted sentiment before data expected to show another month of private-sector job creation. | Full Article
Valeant seeks to buy Cephalon for $5.7 billion
March 30, 2011 04:42 AM ET
NEW YORK (Reuters) - Canadian drugmaker Valeant Pharmaceuticals International said it made an unsolicited $5.7 billion bid to buy Cephalon Inc and plans to make its case directly to Cephalon shareholders. | Full Article
Planned layoffs declined in March: Challenger
March 30, 2011 07:33 AM ET
NEW YORK (Reuters) - The number of planned layoffs at U.S. firms fell in March, despite continued downsizing in the public sector, a report said on Wednesday. | Full Article
DuPont extends Danisco offer after low uptake
March 30, 2011 06:56 AM ET
COPENHAGEN (Reuters) - U.S. chemicals group DuPont extended its $6 billion takeover bid for Danisco by four weeks after holders of only 6 percent of the Danish company's shares had accepted the offer. | Full Article
Family Dollar posts bigger Q2 profit
March 30, 2011 07:16 AM ET
(Reuters) - Family Dollar Stores Inc posted a higher quarterly profit, as shoppers flocked to its stores for low-priced holiday items and basic goods such as food. | Full Article
US TOP NEWS
Libya rebels flee oil town under Gaddafi bombardment
March 30, 2011 07:18 AM ET
TRIPOLI (Reuters) - Libyan rebels pulled out of the oil town of Ras Lanuf on Wednesday under heavy bombardment from Muammar Gaddafi's forces, showing up their weakness without Western air strikes to tip the scales in their favor. | Full Article
Obama to set ambitious goal to curb U.S. oil imports
March 30, 2011 07:13 AM ET
WASHINGTON (Reuters) - President Barack Obama will set an ambitious goal on Wednesday to cut oil imports by a third over 10 years, focusing on energy security amid high gasoline prices that could stall the U.S. economic recovery. | Full Article
Japan orders immediate safety upgrade at nuclear plants
March 30, 2011 07:07 AM ET
TOKYO (Reuters) - Japan said there was no end in sight to the crisis at its earthquake-wrecked nuclear power plant on Wednesday as a spike in radioactive iodine levels in seawater added to evidence of reactor leakages around the complex and beyond. | Full Article
House votes to kill main Obama foreclosure aid
March 30, 2011 05:06 AM ET
WASHINGTON (Reuters) - The U.S. House of Representatives on Tuesday voted to kill President Barack Obama's signature program to help struggling homeowners avoid foreclosure. | Full Article
Syria's Assad to give first speech since protests
March 30, 2011 01:39 AM ET
DAMASCUS (Reuters) - President Bashar al-Assad will on Wednesday give his first public speech since pro-democracy protests in which more than 60 people have been killed erupted in southern Syria and swept through the country. | Full Article
HEALTH NEWS
Nine die in Alabama during bacteria outbreak
Greater brain risks from "real-world" ecstasy use
Evidence ties smoking to throat, stomach cancer
Too many old men get prostate cancer tests: study
J&J recalling more Tylenol from closed plant
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