Business Today: Markets to open lower on Greece, earnings help Dow

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Good Morning Robert, TUE 27 Apr 2010 
 
Markets to open lower on Greece, earnings help Dow
Ford posts quarterly profit, raises 2010 outlook
Goldman shouldn't be judged as "evil empire"
UPS posts higher first-quarter profit
Financial reform bill stumbles in Senate
Markets pound Greek debt on bailout uncertainty
DuPont profit more than doubles; forecast raised
3M profit beats; company raises outlook
Porsche recalls all Panameras in embarrassing move
Deutsche Bank, Lloyds profits revive as bad debts improve


Markets to open lower on Greece, earnings help Dow
April 27, 2010 08:38 AM ET
NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Tuesday after Germany demanded new austerity measures from Greece, prompting worries over Greek debt, although strong earnings reports limited losses in the Dow.

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Ford posts quarterly profit, raises 2010 outlook
April 27, 2010 08:04 AM ET
DETROIT (Reuters) - Ford Motor Co posted a $2.1 billion first-quarter profit that exceeded Wall Street forecasts as North American production and sales picked up, and it raised its 2010 outlook to "solidly profitable."

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Goldman shouldn't be judged as "evil empire"
April 27, 2010 12:34 AM ET
BEVERLY HILLS, California (Reuters) - Goldman Sachs Group Inc will want a judgment based on 'merits and facts' in the fraud case against it rather than popular opinion that it is an 'evil empire', a senior lawyer from the firm that represents it said on Monday.

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UPS posts higher first-quarter profit
April 27, 2010 08:13 AM ET
NEW YORK (Reuters) - United Parcel Service , the world's largest package delivery service, reported sharply higher first-quarter earnings on Tuesday and confirmed its outlook for the year.

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Financial reform bill stumbles in Senate
April 27, 2010 06:27 AM ET
WASHINGTON (Reuters) - The most sweeping overhaul of U.S. banking rules since the Great Depression stumbled in the Senate on Monday as Republicans united to prevent action on the bill.

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Markets pound Greek debt on bailout uncertainty
April 27, 2010 08:28 AM ET
ATHENS (Reuters) - The cost of insuring Greece's debt against default hit a record high and its borrowing costs soared on Tuesday after Germany's junior coalition party said Berlin was not certain to put its weight behind a financial rescue.

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DuPont profit more than doubles; forecast raised
April 27, 2010 07:22 AM ET
NEW YORK (Reuters) - DuPont said first-quarter profit more than doubled, beating Wall Street expectations, on surging demand in emerging markets and sales of specialty chemicals.

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3M profit beats; company raises outlook
April 27, 2010 08:17 AM ET
CHICAGO (Reuters) - Diversified manufacturer 3M Co posted a higher-than-expected quarterly profit on Tuesday and raised its sales and profit forecasts for the full year, citing strong demand for its products in developing economies.

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Porsche recalls all Panameras in embarrassing move
April 27, 2010 07:23 AM ET
FRANKFURT (Reuters) - Performance sports car maker Porsche AG's sterling reputation for quality took a severe dent on Tuesday, when it recalled every Panamera it built only months after the model line was launched to much fanfare.

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Deutsche Bank, Lloyds profits revive as bad debts improve
April 27, 2010 06:01 AM ET
FRANKFURT/LONDON (Reuters) - Deutsche Bank delivered record investment bank earnings and European peers Lloyds and Swedbank swung to surprise profits on Tuesday as an economic recovery picked up to aid the embattled industry.

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