Business Today: Stock futures signal Wall Street rebound



Reuters
Good Morning Robert, MON 05 Oct 2009 

today's headlines

Stock futures signal Wall Street rebound
Treasury to say 3 more funds to buy toxic assets
Brocade puts itself up for sale: report
BofA to select emergency CEO this week: report
U.S.-led consortium wants to buy Volvo from Ford: report
Lehman administrator looks to dole out assets: report
U.S. pronouncements later hurt bailout: IG report
Microsoft's Ballmer says Web search buys unlikely
Oil falls towards $69 on recovery concerns
Goldman owed $1 billion if CIT fails
 

today's videos

REUTERS VIDEO:China suitmaker wins Buffett biz REUTERS VIDEO:U.S. jobs spook Asia REUTERS VIDEO:Obama reacts to bleak jobs data

more details

Stock futures signal Wall Street rebound
October 05, 2009 08:04 AM ET
NEW YORK (Reuters) - Stock index futures rose on Monday, with investors poised to scoop up shares beaten down in last week's sell-off, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.

Full Article
Treasury to say 3 more funds to buy toxic assets
October 05, 2009 02:52 AM ET
WASHINGTON (Reuters) - The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks' so-called toxic assets.

Full Article
Brocade puts itself up for sale: report
October 05, 2009 07:44 AM ET
(Reuters) - U.S. data storage equipment maker Brocade Communications Systems Inc has put itself on the selling block, the Wall Street Journal said on Monday, citing people familiar with the matter.

Full Article
BofA to select emergency CEO this week: report
October 05, 2009 01:18 AM ET
(Reuters) - Bank of America Corp plans to select an emergency chief executive officer this week if legal issues force Ken Lewis to leave before year-end, the Wall Street Journal said, citing a person familiar with the situation.

Full Article
U.S.-led consortium wants to buy Volvo from Ford: report
October 05, 2009 07:59 AM ET
LONDON (Reuters) - A U.S.-led group has entered the race to buy Ford Motor Co's Volvo cars unit, the Financial Times reported, in a challenge to China's Geely Automotive which last month confirmed its interest in the loss-making Swedish carmaker.

Full Article
Lehman administrator looks to dole out assets: report
October 05, 2009 04:28 AM ET
(Reuters) - The administrator for Lehman Brothers Holdings Inc plans to seek permission to remove the claims against the bank from British courts and give out assets directly to creditors, the Wall Street Journal said, citing a joint administrator for the collapsed investment bank.

Full Article
U.S. pronouncements later hurt bailout: IG report
October 05, 2009 08:05 AM ET
WASHINGTON (Reuters) - Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said.

Full Article
Microsoft's Ballmer says Web search buys unlikely
October 05, 2009 08:01 AM ET
LONDON (Reuters) - Microsoft Corp does not expect to make acquisitions to help the company challenge Google Inc's dominance in the Internet search market, Chief Executive Steve Ballmer told Reuters on Monday.

Full Article
Oil falls towards $69 on recovery concerns
October 05, 2009 07:21 AM ET
LONDON (Reuters) - Oil fell toward $69 a barrel on Monday, extending the previous session's drop, pressured by jitters over the pace of U.S. economic recovery and easing concerns about Iran and Nigeria.

Full Article
Goldman owed $1 billion if CIT fails
October 04, 2009 10:35 PM ET
NEW YORK (Reuters) - Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.

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Rob Alley, Realtor
Keller Williams Realty
540-250-3275
roballeyrealtor@gmail.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.robsellscharlottesville.com
Oh, by the way, I am never too busy to work any of your referrals.
Each Office Independently Owned and Operated
Licensed to Sell Real Estate in the Commonwealth of Virginia

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