Business Today: Stock futures drop on Greece fears, healthcare approval

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Good Morning Bit, MON 22 Mar 2010    Stock futures drop on Greece fears, healthcare approval Chinese shrug shoulders at possible Google pull-out Shell, Petrochina in agreed $3.1 billion Arrow takeover Four Rio employees plead guilty on China bribes Tiffany profit falls short, outlook beats Street Legg Mason's Miller: healthcare stocks to outperform EU's Barroso hopes to build consensus on Greece Williams-Sonoma beats Street Russia denies bid for U.S. air tanker contract Microsoft's browser loses market share in Europe Business Update: Asia eyes Greece Google's China problem BA talks off - strike on Stock futures drop on Greece fears, healthcare approval March 22, 2010 07:57 AM ET NEW YORK (Reuters) - Stock index futures fell on Monday as the passage of sweeping healthcare reform and uncertainty over Greece's debt crisis revived investor risk aversion. Full Article Chinese shrug shoulders at possible Google pull-out March 22, 2010 07:02 AM ET BEIJING/SHANGHAI (Reuters) - With speculation swirling that Google Inc will soon announce the closure of its China-based Internet portal, the reaction from some Chinese has been hurry up and leave, or simply: so what? Full Article Shell, Petrochina in agreed $3.1 billion Arrow takeover March 22, 2010 07:58 AM ET MELBOURNE (Reuters) - Royal Dutch Shell and PetroChina convinced Arrow Energy to accept an increased $3.1 billion bid, giving resource-hungry China its first bite of Australia's burgeoning coal-seam gas industry. Full Article Four Rio employees plead guilty on China bribes March 22, 2010 07:55 AM ET SHANGHAI (Reuters) - Four Rio Tinto executives on trial in China, including Australian Stern Hu, pleaded guilty to taking bribes, while contesting the amounts, lawyers at the hearing said on Monday. Full Article Tiffany profit falls short, outlook beats Street March 22, 2010 07:42 AM ET NEW YORK (Reuters) - Tiffany & Co reported a lower-than-expected quarterly profit on Monday as higher sales of lower-margin rough diamonds ate into overall margins. Shares fell 3.1 percent in premarket trading. Full Article Legg Mason's Miller: healthcare stocks to outperform March 22, 2010 05:35 AM ET HONG KONG (Reuters) - Cheap U.S. healthcare stocks should perform well in the next few months now that legislative uncertainty about reform in the sector has been removed, said Legg Mason Inc fund manager Bill Miller. Full Article EU's Barroso hopes to build consensus on Greece March 22, 2010 07:44 AM ET BRUSSELS (Reuters) - European Commission President Jose Manuel Barroso will do all he can to build consensus in the European Union over a mechanism to provide Greece with financial aid, the Commission said on Monday. Full Article Williams-Sonoma beats Street March 22, 2010 08:02 AM ET NEW YORK (Reuters) - Williams-Sonoma Inc reported a higher-than-expected quarterly profit on lower costs and strong holiday sales, prompting the home goods chain to forecast strong results in the current quarter and the full year. Full Article Russia denies bid for U.S. air tanker contract March 22, 2010 07:14 AM ET MOSCOW (Reuters) - Russia denied on Monday that its state-run United Aviation Corporation (UAC) planned to bid for a $50 billion contract to replace the U.S. Air Force's fleet of air tankers, rivaling Boeing Co and Europe's EADS. Full Article Microsoft's browser loses market share in Europe March 22, 2010 07:31 AM ET HELSINKI (Reuters) - Microsoft's Internet Explorer has lost market share in major European markets, such as France, Britain and Italy, after the U.S. software firm started to make it easier for European consumers to use competing browsers. Full Article

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