Business Today: Futures up on upbeat data from China, Europe

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Good Morning Robert, THU 01 Apr 2010 
 
Futures up on upbeat data from China, Europe
Asian, European manufacturing picks up
RIM results lag estimates, shares drop
Dai-ichi Life gains on debut after $11 billion IPO
Bombardier profit misses Street view
CEO median pay edges lower in 2009: report
General Growth files exit proposal, auction rules
Special Report: iPad striptease: It's what's inside that counts
Japan car sales jump on stimulus, Hyundai soars
PIMCO sees Greece action ineffective; UK downgrade


Futures up on upbeat data from China, Europe
April 01, 2010 08:05 AM ET
NEW YORK (Reuters) - Stock index futures rose on Thursday as upbeat data from China and Europe fueled optimism the global economy is on track for growth.

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Asian, European manufacturing picks up
April 01, 2010 07:39 AM ET
LONDON/BEIJING (Reuters) - Factories across Europe and Asia cranked up production in March, business surveys showed on Thursday, showing a strong recovery in fast-growing emerging markets taking root in the developed West.

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RIM results lag estimates, shares drop
April 01, 2010 04:18 AM ET
OTTAWA (Reuters) - Research in Motion said quarterly profit and sales rose, but the results lagged expectations and the stock tumbled on rekindled fears that the dominance of its BlackBerry smartphone is waning.

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Dai-ichi Life gains on debut after $11 billion IPO
April 01, 2010 07:06 AM ET
TOKYO (Reuters) - Dai-ichi Life Insurance rose 14 percent on its debut on Thursday after pricing its $11 billion IPO at a discount to rivals, but investors remain wary of its growth prospects outside a mature Japanese market.

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Bombardier profit misses Street view
April 01, 2010 07:50 AM ET
(Reuters) - Canadian planemaker Bombardier Inc reported a fourth-quarter profit that missed Wall Street expectations by a cent, hurt by lower selling prices for business jets, and said it expects to deliver less of its aircraft in 2011.

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CEO median pay edges lower in 2009: report
April 01, 2010 01:42 AM ET
(Reuters) - The median compensation for chief executives of 200 major U.S. companies fell marginally to $6.95 million in 2009, the Wall Street Journal said, citing an analysis by Hay Group management consultancy.

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General Growth files exit proposal, auction rules
April 01, 2010 02:46 AM ET
NEW YORK (Reuters) - General Growth Properties Inc filed an eagerly awaited plan to exit bankruptcy on its own and laid out bidding procedures, setting the stage for others like Simon Property Group Inc to jump in with rival offers.

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Special Report: iPad striptease: It's what's inside that counts
April 01, 2010 07:10 AM ET
SAN FRANCISCO (Reuters) - The iPad will not hit stores until Saturday, but the race to unlock its mysteries started several weeks ago in San Luis Obispo, a picturesque college town roughly 200 miles south of Apple's Silicon Valley headquarters.

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Japan car sales jump on stimulus, Hyundai soars
April 01, 2010 05:26 AM ET
TOKYO/SEOUL (Reuters) - Japanese auto sales jumped by a quarter in March to cap a business year that relied heavily on government incentives, while South Korea's Hyundai Motor continued to rack up impressive sales growth, sending its shares to a record high.

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PIMCO sees Greece action ineffective; UK downgrade
April 01, 2010 08:00 AM ET
TAIPEI (Reuters) - PIMCO sees Europe's action on Greece as ineffective in fixing the country's problems, while Britain's sovereign debt rating could be downgraded within a year, a top executive of the world's largest bond fund said.

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