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Monday, December 23, 2013

Before the Bell: Futures point to gains as Apple deal boosts Nasdaq

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12/23/2013
 
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 point to gains as Apple deal boosts Nasdaq
NEW YORK (Reuters) - U.S. stock index futures pointed to a higher open on Monday, indicating that last week's rally would continue, with Apple Inc surging on a distribution deal with China Mobile.
Consumer spending brightens economic outlook
WASHINGTON (Reuters) - U.S. consumer spending posted its largest increase in five months in November, the latest suggestion of sustained strength in the economy as the year winds down.
Jos. A. Bank rejects Men's Wearhouse proposal
(Reuters) - Men's suit retailer Jos. A. Bank Clothiers Inc said its board has unanimously rejected the $1.5 billion bid by Men's Wearhouse Inc .
Apple, China Mobile sign long-awaited deal to sell iPhones
NEW YORK/BEIJING (Reuters) - Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users.
Insight: AOL banks on HuffPost to turn profitable next year
NEW YORK (Reuters) - It's the holiday season and Arianna Huffington, the influential woman behind the popular news website that bears her name, is busy buying sweaters - some 700 of them - as gifts to her employees.
Rolls-Royce says SFO begins formal bribery investigation
LONDON (Reuters) - Aerospace and defense group Rolls-Royce said Britain's Serious Fraud Office (SFO) had launched a formal investigation into concerns raised a year ago of possible bribery and corruption in China and Indonesia.
Salary row prompts exit of Belgian group bpost's CEO
BRUSSELS (Reuters) - The chief executive of bpost will leave the Belgian postal group citing a disagreement with the government, its largest shareholder, over his salary.
Airbus and Emirates sign firm deal for 50 more A380s
PARIS (Reuters) - Airbus said on Monday it had finalized a deal with Emirates Airline for 50 more A380s aircraft that had been announced at the Dubai airshow last month.
Three French Total refineries in 11th day of pay strike
PARIS (Reuters) - Workers at three of Total's five oil refineries in France extended a strike over pay into an 11th day on Monday after those at a fourth plant agreed at the weekend to return to work.
BAE finalizes South Korean F-16 upgrade deal, eyes more prospects
WASHINGTON (Reuters) - Britain's BAE Systems Plc said on Monday it will hire 300 workers at its Fort Worth, Texas, plant and other sites to upgrade over 130 South Korean F-16 fighter jets after finalizing a deal with the U.S. government it hopes to replicate in other places in Europe and Asia in coming years.
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