Business Today: Stock futures signal weak open on anniversary of bottom

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Good Morning Bit, TUE 09 Mar 2010    Stock futures signal weak open on anniversary of bottom EADS hit by tanker loss, A380 superjumbo woes UAE government backs Dubai; Abu Dhabi help may lag Northrop quits U.S. tanker contest China says committed to U.S. debt, wary on gold White House's Romer: Budget fix a long-term issue World equities up 73 percent a year after crisis low Sony to launch 3D TVs in June, rivals Samsung Deutsche Post 2010 outlook misses estimates Greek PM urges G20 effort to rein in speculators Business Update: Asia edges lower China renews U.S. Treasuries ties Prices creep higher at the pump Stock futures signal weak open on anniversary of bottom March 09, 2010 08:32 AM ET NEW YORK (Reuters) - Stock index futures pointed to a modestly lower open on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices. Full Article EADS hit by tanker loss, A380 superjumbo woes March 09, 2010 08:34 AM ET PARIS (Reuters) - Airbus parent EADS ruled out a solo bid for a lucrative U.S. tanker contract after its partner pulled out and said production niggles on its A380 superjumbo would hit core profit this year. Full Article UAE government backs Dubai; Abu Dhabi help may lag March 09, 2010 08:13 AM ET DUBAI (Reuters) - The United Arab Emirates pledged its support for Dubai on Tuesday but said the emirate had yet to ask for federal help, which analysts said would come reluctantly and with strings attached. Full Article Northrop quits U.S. tanker contest March 08, 2010 09:34 PM ET WASHINGTON/PARIS (Reuters) - Boeing Co came closer to snaring a U.S. aerial refueling aircraft contract worth up to $50 billion as Northrop Grumman Corp withdrew, charging the Air Force's rules favored its rival. Full Article China says committed to U.S. debt, wary on gold March 09, 2010 06:51 AM ET BEIJING (Reuters) - China, the world's biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of substantially boosting its gold holdings. Full Article White House's Romer: Budget fix a long-term issue March 09, 2010 08:35 AM ET ARLINGTON, Virginia (Reuters) - The gaping U.S. budget deficit is cause for concern but clamping down on spending immediately would be "pound-foolish" and would derail the recovery, a top White House economic adviser said on Tuesday. Full Article World equities up 73 percent a year after crisis low March 09, 2010 05:41 AM ET LONDON (Reuters) - Equities have had a volatile 2010 so far, but globally they remain around 73 percent higher than the low ebb of the financial crisis exactly 12 months ago. Full Article Sony to launch 3D TVs in June, rivals Samsung March 09, 2010 07:24 AM ET TOKYO (Reuters) - Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry. Full Article Deutsche Post 2010 outlook misses estimates March 09, 2010 06:12 AM ET FRANKFURT (Reuters) - Deutsche Post DHL unveiled a conservative financial strategy that focuses on saving cash to safeguard its credit rating and gave a 2010 earnings outlook that missed market expectations. Full Article Greek PM urges G20 effort to rein in speculators March 09, 2010 02:09 AM ET WASHINGTON (Reuters) - Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis. Full Article

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