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Friday, January 3, 2014

Before the Bell: Futures advance after drop; light volume expected

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01/3/2014
 
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Futures advance after drop; light volume expected
NEW YORK (Reuters) - U.S. stock index futures advanced modestly on Friday, after Wall Street began the new year with a decline and investors grappled with a snowstorm that blasted the northeastern United States.
Chrysler says snow, ice pressured Dec U.S. auto sales
DETROIT (Reuters) - Chrysler Group LLC on Friday said that late-month snow and ice storms pressured U.S. auto sales, causing the industry to show only a 1 percent gain over last year, missing expectations of a 4 percent increase.
Boeing machinists vote on contract crucial to 777X jetliner
SEATTLE/NEW YORK (Reuters) - Some 31,000 Boeing machinists vote on Friday on a crucial labor contract that affects the location of thousands of jobs and billions of dollars of economic activity.
Decline in German car sales accelerated in 2013: KBA
FRANKFURT (Reuters) - The decline in German car sales accelerated last year, falling below 3 million vehicles for the first time since 2010, reflecting troubles in Europe that have sent auto demand close to a two-decade low.
China's oddball demolition king eyes the New York Times
BEIJING (Reuters) - Chen Guangbiao has never acquired a company.
FireEye buys cyber forensics firm Mandiant for about $1 billion
BOSTON (Reuters) - Cybersecurity company FireEye Inc has acquired Mandiant Corp, the computer forensics specialist best known for unveiling a secretive Chinese military unit believed to be behind a series of hacking attacks on U.S. companies.
Land Rover recalls SUVs in U.S. for potential airbag issue
DETROIT (Reuters) - Jaguar Land Rover is recalling 3,912 Range Rover sport utility vehicles in the United States because the front seat side airbags may not deploy.
Hyundai Motor says U.S. sales rose 6 percent in December
SEOUL (Reuters) - Hyundai Motor said on Friday that its U.S. sales climbed 6 percent to 63,005 vehicles in December from a year earlier, bringing its 2013 U.S. sales to a record high of 720,783 vehicles driven by the Elantra compact and Santa Fe sport utility vehicles.
Analysis: A new hope or false dawn for Mexico's oil refiners?
TULA, Mexico (Reuters) - Mexico's oil refining industry, saddled for years with bloated costs, chronic underinvestment and generous government fuel subsidies, ought to be on the verge of a bright new dawn.
Marchionne's Fiat-Chrysler coup the beginning, not the end
PARIS (Reuters) - Fiat's deal to take full control of Chrysler on better-than-expected terms has cemented CEO Sergio Marchionne's dealmaking reputation, but he might run out of road to channel that drive into operational success for the business.
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