Business Today: Stock futures flat ahead of futures, options expiration

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Good Morning Robert, FRI 18 Jun 2010 
 
Stock futures flat ahead of futures, options expiration
Investor mood lifts as BP survives spill grilling
Citi wants $3 billion for PE and hedge fund units: report
Obama prods G20 on currency, financial reform
Motorola to buy back debt and pump cash into spinoff: report
Second strike hits China Toyota supplier
Swaps plan seen staying in Wall Street reform bill
Facebook '09 revenue neared $800 million
Sony CEO's $4.5 million pay stirs shareholders
Risk on, as investors dive back into emerging markets: EPFR


Stock futures flat ahead of futures, options expiration
June 18, 2010 08:17 AM ET
NEW YORK (Reuters) - Stock index futures were little changed on Friday, following a late rally in a choppy session on Wall Street as investors positioned for the expiration of futures and options contracts.

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Investor mood lifts as BP survives spill grilling
June 18, 2010 08:04 AM ET
LONDON/NEW YORK (Reuters) - BP Plc shares climbed in London on Friday after its boss survived a bruising encounter with U.S. lawmakers and as hopes rose its $20 billion oil spill compensation and clean-up fund will cap public anger.

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Citi wants $3 billion for PE and hedge fund units: report
June 18, 2010 07:55 AM ET
(Reuters) - Citigroup Inc is looking to raise more than $3 billion for its private equity and hedge fund units this year, Bloomberg said, citing people with direct knowledge of the plan.

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Obama prods G20 on currency, financial reform
June 18, 2010 08:09 AM ET
WASHINGTON (Reuters) - President Barack Obama urged G20 countries to accelerate financial reform and strengthen public finances in a letter released on Friday before the group's meeting in Toronto.

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Motorola to buy back debt and pump cash into spinoff: report
June 18, 2010 07:54 AM ET
(Reuters) - Motorola Inc will buy back most of its debt and pump the bulk of its remaining cash into its proposed spinoff of its money-losing mobile devices unit, the Wall Street Journal said, citing people familiar with the matter.

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Second strike hits China Toyota supplier
June 18, 2010 07:42 AM ET
ZHONGSHAN, China/BEIJING (Reuters) - A parts supplier for Japan's Toyota Motor Corp. said on Friday it was dealing with its second strike in China this week, the latest in a rash of factory labor disputes across the country.

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Swaps plan seen staying in Wall Street reform bill
June 17, 2010 09:25 PM ET
WASHINGTON (Reuters) - A sweeping overhaul of financial regulations will include a controversial plan to insulate banks from risky swap dealing, aides said on Thursday as lawmakers hammered out a final bill.

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Facebook '09 revenue neared $800 million
June 18, 2010 08:20 AM ET
SAN FRANCISCO (Reuters) - Facebook's financial performance is stronger than previously believed, as the Internet social network's explosive growth in users and advertisers boosted 2009 revenue to as much as $800 million, according to two sources familiar with the situation.

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Sony CEO's $4.5 million pay stirs shareholders
June 18, 2010 08:01 AM ET
TOKYO (Reuters) - Sony Corp CEO Howard Stringer took home $4.5 million plus stock options in the past financial year -- when the electronics giant lost close to $450 million -- making him one of the highest paid executives at a Japanese company.

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Risk on, as investors dive back into emerging markets: EPFR
June 18, 2010 12:14 AM ET
HONG KONG (Reuters) - Investors set aside sovereign debt fears and shifted their money to higher-returning assets in mid June, with emerging market assets and U.S. equities among the recipients of fresh cash, EPFR Global said in a report on Friday.

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