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Wednesday, February 5, 2014

Before the Bell: Wall Street to fall after jobs data; services eyed

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02/5/2014
 
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 fall after jobs data; services eyed
NEW YORK (Reuters) - U.S. stocks were set to fall at the open on Wednesday after a slightly disappointing reading on the private labor market and ahead of data on the services sector.
U.S. retailers face pressure to raise cybersecurity spending
NEW YORK (Reuters) - Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to defend themselves against future cyber attacks, according to security experts and IT service providers.
Private sector adds 175,000 jobs in January: ADP
NEW YORK (Reuters) - U.S. private employers added 175,000 jobs in January, close to analysts' expectations, a report by a payrolls processor showed on Wednesday.
Exclusive: JPMorgan in exclusive talks with Mercuria on commodities sale
LONDON (Reuters) - Fast-growing trading house Mercuria, led by two former Goldman Sachs executives, has become the front-runner to buy the physical commodities unit of JPMorgan , one of the most powerful oil and metals desks on Wall Street, two sources told Reuters.
'Gravity' helps Time Warner beat forecasts
(Reuters) - Time Warner Inc reported better-than-expected quarterly profit and revenue, helped by the success of the space thriller movie "Gravity" released by its Warner Bros movie studio.
Google improves antitrust offer, EU says deal in sight
BRUSSELS (Reuters) - Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and avoiding a fine of up to $5 billion.
Exclusive: Former HP stars Bradley, Donatelli on brink of exit - sources
NEW YORK/SAN FRANCISCO (Reuters) - Two of Hewlett-Packard Co's most powerful executives, until they were sidelined by CEO Meg Whitman, are preparing to leave the company in the coming weeks, several sources say.
Special Report: Areva and Niger's uranium fight
ARLIT, Niger/PARIS (Reuters) - When France began mining uranium ore in the desert of northern Niger in the early 1970s, Arlit was a cluster of miners' huts stranded between the sun-blasted rocks of the Air mountains and the sands of the Sahara.
Recent acquisitions help boost Nasdaq earnings
(Reuters) - Transatlantic exchange operator Nasdaq OMX Group Inc on Wednesday reported a higher fourth-quarter profit, helped by increased revenue from recent acquisitions.
Analysis: Emerging markets buffeted by bipolar world
LONDON (Reuters) - Ailing emerging markets are caught between a rock and a hard place - Washington and Beijing to be more precise.
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