Business Today: Stock futures off on Goldman concerns

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Good Morning Robert, MON 19 Apr 2010 
 
Stock futures off on Goldman concerns
Citigroup turns in $4.4 billion profit
Rep Frank says Goldman case helps financial reform
Toyota expected to pay $16.4 million U.S. fine: source
Halliburton profit off as Latin America weighs
China says yuan appreciation expectations rising
Hasbro tops Street on strong sales of girls' toys
Economic blow to airlines could surpass Sept. 11: EU
In Asia, Goldman clients stay loyal for now
Macarthur Coal bid twist: Gloucester deal collapses


Stock futures off on Goldman concerns
April 19, 2010 07:52 AM ET
NEW YORK (Reuters) - U.S. stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.

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Citigroup turns in $4.4 billion profit
April 19, 2010 08:19 AM ET
NEW YORK (Reuters) - Citigroup Inc posted a $4.43 billion first-quarter profit as it set aside less money to cover credit losses.

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Rep Frank says Goldman case helps financial reform
April 19, 2010 08:35 AM ET
WASHINGTON (Reuters) - Representative Barney Frank said on Monday that securities regulators' fraud case against Goldman Sachs increases the chance that financial reform will pass.

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Toyota expected to pay $16.4 million U.S. fine: source
April 19, 2010 01:49 AM ET
WASHINGTON (Reuters) - Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S. safety regulators in response to the government's claim that it knowingly delayed a massive accelerator pedal recall in January, a government official said.

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Halliburton profit off as Latin America weighs
April 19, 2010 08:27 AM ET
NEW YORK (Reuters) - Halliburton Co , the world's second-largest oilfield services company, reported a 46 percent drop in first-quarter profit on Monday, hurt by charges in Venezuela and weak demand across Latin America.

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China says yuan appreciation expectations rising
April 19, 2010 01:56 AM ET
BEIJING (Reuters) - China might see increased foreign exchange inflows this year as expectations of yuan appreciation mount, the State Administration of Foreign Exchange (SAFE) said on Monday.

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Hasbro tops Street on strong sales of girls' toys
April 19, 2010 08:06 AM ET
NEW YORK (Reuters) - Hasbro Inc reported a larger-than-expected quarterly profit, helped by double-digit sales gains in its girls' toys like "Littlest Pet Shop" and demand for its games and puzzles, sending its shares up nearly 3 percent in premarket trading.

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Economic blow to airlines could surpass Sept. 11: EU
April 19, 2010 07:33 AM ET
BRUSSELS (Reuters) - The volcanic ash cloud that has grounded many flights could deal a bigger economic blow to the airline industry than the attacks on the United States on September 11, 2001, the EU's transport commissioner said Monday.

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In Asia, Goldman clients stay loyal for now
April 19, 2010 07:37 AM ET
HONG KONG (Reuters) - For now, clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.

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Macarthur Coal bid twist: Gloucester deal collapses
April 19, 2010 06:22 AM ET
MELBOURNE (Reuters) - U.S. miner Peabody Energy's $3.8 billion bid for Macarthur Coal gained traction on Monday as one of two rival deals involving the Australian miner hit the skids.

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