Business Today: Stock futures lower after Alcoa results

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Good Morning Robert, TUE 13 Apr 2010 
 
Stock futures lower after Alcoa results
Twitter set to make money through advertisements
Trade deficit widens in February on imports
Hu tells Obama: China to make its own call on yuan
Consumer Reports calls Lexus SUV "safety risk"
World oil demand to hit record high this year: IEA
ECB policymakers give thumbs-up to Greece deal
Alcoa posts loss, but matches Wall St estimates
Huawei approached by Palm for acquisition talks: source
Growth, cheap smartphones key in Q1 handset market


Stock futures lower after Alcoa results
April 13, 2010 08:11 AM ET
NEW YORK (Reuters) - U.S. stock index futures slipped on Tuesday, a day after Alcoa reported in-line quarterly profit but lower-than-expected revenues as the Dow closed above 11,000 for the first time in almost 19 months.

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Twitter set to make money through advertisements
April 13, 2010 07:55 AM ET
(Reuters) - Popular microblogging site Twitter is all set to unveil its advertisement model on Tuesday, which would mark its first step toward allaying concerns about its revenue generating potential.

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Trade deficit widens in February on imports
April 13, 2010 08:34 AM ET
WASHINGTON (Reuters) - A jump in imports of consumer goods and other products widened the U.S. trade gap in February to $39.7 billion, but the closely watched bilateral deficit with China was its lowest in nearly a year, a government report showed on Tuesday.

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Hu tells Obama: China to make its own call on yuan
April 13, 2010 07:42 AM ET
BEIJING/WASHINGTON (Reuters) - China will chart its own course in reforming the yuan, President Hu Jintao told President Barack Obama, reinforcing the view that Beijing is likely to tip-toe, not leap, toward appreciation.

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Consumer Reports calls Lexus SUV "safety risk"
April 13, 2010 07:57 AM ET
TOKYO (Reuters) - Consumer Reports on Tuesday urged consumers to avoid purchasing a Lexus GX 460, saying the sport utility vehicle from Toyota Motor Corp was a "safety risk" because of the performance of its stability control system.

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World oil demand to hit record high this year: IEA
April 13, 2010 06:39 AM ET
LONDON (Reuters) - Global oil demand will hit a record high this year, the International Energy Agency (IEA) said on Tuesday, revising up consumption estimates as the world economy recovers from recession.

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ECB policymakers give thumbs-up to Greece deal
April 13, 2010 07:22 AM ET
LINZ, Austria/MADRID (Reuters) - European Central Bank policymakers gave the thumbs-up on Tuesday to the euro zone's rescue package for Greece as the debt-laden country passed a key test of its ability to raise fresh funds.

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Alcoa posts loss, but matches Wall St estimates
April 13, 2010 12:47 AM ET
NEW YORK (Reuters) - Aluminum producer Alcoa Inc on Monday posted its fifth net loss in the past six quarters, but when charges were excluded its results matched Wall Street estimates.

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Huawei approached by Palm for acquisition talks: source
April 13, 2010 05:35 AM ET
SHANGHAI (Reuters) - China's Huawei Technologies has been tapped by money-losing smartphone maker Palm Inc for preliminary acquisition talks, a source familiar with the matter said.

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Growth, cheap smartphones key in Q1 handset market
April 13, 2010 02:57 AM ET
HELSINKI/SEOUL (Reuters) - Top cellphone makers are set to report accelerating market growth and booming demand for new smartphones when they unveil March quarter earnings starting this week.

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