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Tuesday, January 21, 2014

Before the Bell: Wall Street to open higher after two-day dip; earnings eyed

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01/21/2014
 
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
Wall Street to open higher after two-day dip; earnings eyed
NEW YORK (Reuters) - U.S. stock index futures rose on Tuesday, putting the S&P on track to snap a two-session losing streak after a flurry of corporate earnings reports.
Halliburton profit surges 31 percent as drilling booms outside North America
(Reuters) - Halliburton Co reported a 31 percent rise in quarterly profit as the world's second-largest oilfield services company's push into global markets more than made up for weakness in North America.
Verizon revenue climbs on strong mobile growth
NEW YORK (Reuters) - Verizon Communications Inc reported on Tuesday its quarterly revenue grew 3.4 percent, slightly faster than analysts estimated, as it added more subscribers than expected at its Verizon Wireless venture with Vodafone Group Plc.
Delta Air posts higher fourth-quarter profit
(Reuters) - U.S. carrier Delta Air Lines Inc reported a higher-than-expected fourth-quarter profit on Tuesday, aided by lower fuel costs.
Unilever sticks with emerging markets as sales rebound
LONDON (Reuters) - Unilever said it would stick to its emerging markets growth strategy as a fourth-quarter recovery in sales in the region boosted the consumer goods maker's 2013 results and reassured investors who had been worried about consumer demand there.
Toyota warning on Thai crisis reveals frustration, limited options
TOKYO (Reuters) - Toyota Motor Corp's warning it could rethink further investment plans in Thailand looks aimed at signaling its deep frustration over a drawn-out political crisis, but Japanese car makers are unlikely to scale back Thai operations any time soon.
JPMorgan drops another China IPO amid 'princeling' probe: sources
HONG KONG, Jan 21 (IFR/Reuters) - JPMorgan Chase & Co has stopped working on a Chinese firm's initial public offering amid an investigation by U.S. authorities into its hiring practices in China, people with direct knowledge of the matter told Reuters on Tuesday.
UniCredit sells risk on $1.2 billion of loans to U.S. fund
MILAN (Reuters) - UniCredit has sold some of the risk on a 910 million euro ($1.2 billion) portfolio of Italian project finance loans, freeing up capital for new lending and benefiting from growing appetite for such deals from specialist investors.
Analysis: U.S. bankers voice new optimism as businesses line up for loans
NEW YORK (Reuters) - Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy.
Insight: Norway's $833 billion oil fund eyes riskier bets
OSLO (Reuters) - In May 2012 the world's largest sovereign wealth fund joined U.S. investors BlackRock and Waddell & Reed to buy a $1.6 billion stake in motor racing's Formula One. The people who had worked on the deal for months were looking forward to celebrating their hard work.
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