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Tuesday, March 11, 2014

Before the Bell: Futures little changed as Ukraine eyed

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03/11/2014
 
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 little changed as Ukraine eyed
NEW YORK (Reuters) - U.S. stock index futures were little changed on Tuesday after a slight decline in the prior session left the S&P 500 within striking distance of its recent record high and as tensions in Ukraine tempered investor appetite for risk-taking.
World stocks flat, oil and gold edge up on Ukraine, China
LONDON (Reuters) - World stocks held steady, the euro edged down and oil and gold nudged up on Tuesday as traders kept a wary eye on tensions between Ukraine and Russia and the pace of growth in China.
Lenovo says China strike an IBM matter, but it won't cut wages
SHANGHAI (Reuters) - Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy the U.S. company's server business had yet to be finalized.
Austria, Slim continue talks on Telekom syndicate
VIENNA (Reuters) - Austria and America Movil are still in talks on pooling their stakes in Telekom Austria but have not moved to formal negotiations, the state holding company said.
U.S. investors closely monitoring Pimco after internal strife
NEW YORK (Reuters) - Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross.
Exclusive: Chobani seeks to sell stake at $2.5 billion valuation -sources
NEW YORK (Reuters) - Chobani, the Greek yogurt maker that has grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said.
White House has optimistic growth forecast for 2014, 2015
WASHINGTON (Reuters) - The White House on Monday forecast more robust economic growth in 2014 than last year and a further pickup in the economy for 2015.
VW near decision to produce SUV at Skoda or Seat plant: official
PRAGUE (Reuters) - Volkswagen is close to deciding on whether to produce a new sport-utility vehicle (SUV) for its mass-market brands Skoda and Seat at a plant in the Czech Republic or Spain, a Skoda union leader said on Tuesday.
GM hires law firms it works with to probe recall response
DETROIT (Reuters) - General Motors hired two law firms with ties to the automaker to look into its recall of cars blamed for 13 deaths, and a Congressional committee said it would also investigate the company's response to a defect that first came to light a decade ago.
Hyundai Motor to launch first battery-powered electric car in 2016
HWASEONG, South Korea (Reuters) - Hyundai Motor Co plans to start selling its first battery-powered electric vehicle (EV) in 2016 as South Korea's champion of fuel-cell cars hedges its bets in next-generation green technology.
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