Business Today: Stock futures tumble as Spanish bank failure weighs

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good Morning Robert, MON 24 May 2010 
 
Stock futures tumble as Spanish bank failure weighs
Campbell profit tops view on U.S. soup sales gain
IBM to buy Sterling Commerce from ATT for $1.4 billion
China holds door open a crack to U.S. on yuan
Bank of Spain takes control of savings bank CajaSur
Senate committee to examine United/Continental merger
U.S. plays down European crisis but China worried
Oil falls back below $70 on growth concerns
British Airways cabin crew begin five-day strike
Sweet-toothed investors eye candy bond


Stock futures tumble as Spanish bank failure weighs
May 24, 2010 08:19 AM ET
NEW YORK (Reuters) -Stock index futures fell on Monday as a Spanish government bailout of a local bank refocused attention on Europe's debt crisis, which investors fear could derail the global economy.

Full Article
Campbell profit tops view on U.S. soup sales gain
May 24, 2010 08:09 AM ET
NEW YORK (Reuters) - Campbell Soup Co posted better-than-expected quarterly profit as increased promotional spending led to higher sales in its key U.S. soup market after two straight quarters of declines.

Full Article
IBM to buy Sterling Commerce from ATT for $1.4 billion
May 24, 2010 08:20 AM ET
NEW YORK (Reuters) - International Business Machines Corp said on Monday it has agreed to buy business software integration services company Sterling Commerce from AT&T Inc for about $1.4 billion in cash.

Full Article
China holds door open a crack to U.S. on yuan
May 24, 2010 07:53 AM ET
BEIJING (Reuters) - China struck a conciliatory note in talks with the United States on Monday by vowing to spur domestic demand and keeping a guarded opening to exchange rate reform, which the Obama administration says is needed to rebalance the global economy.

Full Article
Bank of Spain takes control of savings bank CajaSur
May 24, 2010 08:17 AM ET
MADRID (Reuters) - The Bank of Spain said on Saturday it had taken over the running of Spanish savings bank CajaSur after its planned merger with another of the country's small lenders failed.

Full Article
Senate committee to examine United/Continental merger
May 24, 2010 07:51 AM ET
(Reuters) - A Senate subcommittee is set to examine the proposed airline deal between United Airlines and Continental Airlines on Thursday that will study the implications for airline consumers.

Full Article
U.S. plays down European crisis but China worried
May 24, 2010 08:00 AM ET
BEIJING/MADRID (Reuters) - The United States suggested Europe's debt crisis would have minimal impact on global growth, but China took a more pessimistic view, warning it would impact demand for its exports and other regions would suffer too.

Full Article
Oil falls back below $70 on growth concerns
May 24, 2010 07:14 AM ET
LONDON (Reuters) - U.S. crude oil fell back below $70 a barrel on Monday, giving up an earlier gain on persistent worries that Europe's debt crisis would slow the global economic recovery.

Full Article
British Airways cabin crew begin five-day strike
May 24, 2010 07:34 AM ET
LONDON (Reuters) - British Airways cabin crew began a five-day strike on Monday after weekend talks on a long-running dispute over wages, job cuts and working conditions broke down in acrimony.

Full Article
Sweet-toothed investors eye candy bond
May 24, 2010 07:53 AM ET
LONDON (Reuters) - Chocolate lovers may have something rare to sink their teeth into with the issue of the UK's first ever "chocolate" bond, where investors can make significant returns in the form of chocolate rather than cash.

Full Article
 
 











REUTERS www.reuters.com
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details
Subscribe to other Reuters newsletters
Unsubscribe from this newsletter.


Forward to a friend Send this mailing to a friend or colleague


Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS RSS Feed | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index

Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers

Comments

Popular Posts