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Friday, February 7, 2014

Before the Bell: Stock futures edge up ahead of payrolls report

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02/7/2014
 
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
Stock futures edge up ahead of payrolls report
NEW YORK (Reuters) - Stock index futures rose on Friday, following the strongest day of the year so far for equities, and ahead of the key government reading on payrolls for January.
U.S. employment fails to rebound strongly from winter chill
WASHINGTON (Reuters) - U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, suggesting a loss of momentum in the economy, even as the unemployment rate hit a new five-year low of 6.6 percent.
Yahoo shifts Europe tax base to Ireland from Switzerland
LONDON/ROME (Reuters) - Yahoo! Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives.
Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange
HONG KONG (Reuters) - Internet search company Google Inc will own a 5.94 percent stake in China's Lenovo Group Ltd worth $750 million once Lenovo's deal to buy Google's Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange.
Daimler CEO says open to new growth options, has talked to rivals
FRANKFURT (Reuters) - Daimler is open to new ways of growing its business and has talked in the past to Volkswagen , BMW and Fiat about developing a common small car platform, Chief Executive Dieter Zetsche said.
Sacyr group seeks compromise in Panama Canal dispute
MADRID (Reuters) - The companies working to widen the Panama Canal have made a new proposal to resolve a row over cost overruns on the multi-billion dollar project, the consortium said on Friday.
Ethiopian Airlines interested in 10 Boeing 777X: CEO
SINGAPORE (Reuters) - Ethiopian Airlines is in preliminary talks with Boeing that could lead to an order for 10 of the U.S. planemaker's latest model, the 777X, the airline's chief executive said.
SAC Capital's Martoma found guilty of insider trading
NEW YORK (Reuters) - Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Thursday of engaging in what prosecutors called the most lucrative insider trading scheme in U.S. history.
German judges refer ECB's bond-buying to European Court
KARLSRUHE, Germany (Reuters) - Germany's Constitutional Court will refer a complaint against the European Central Bank's flagship bond-buying plan to the European Court, removing the prospect of it curbing the program.
Lufthansa names Carsten Spohr as CEO
FRANKFURT (Reuters) - Lufthansa has named company veteran Carsten Spohr as the group's new chief executive, Germany's largest airline said on Friday.
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