Business Today: Futures dip; Bernanke, Treasury auction eyed

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good Morning Bit, WED 07 Apr 2010    Futures dip; Bernanke, Treasury auction eyed Goldman says did not "bet against" clients China hints at readiness to let yuan rise Greek banks plead for more aid in debt crisis Renault, Nissan, Daimler in small car, engine deal Family Dollar outlook tops Street, shares up CKE Restaurants gets new takeover offer, shares rise Monsanto trails estimates, warns on targets Home purchase loan demand steady as refis sink Regulator plans to track high-frequency trading: report JAL to cut a third of jobs Hummer goes green in name of art 3D movies boost record box office Futures dip; Bernanke, Treasury auction eyed April 07, 2010 08:01 AM ET NEW YORK (Reuters) - Stocks indexes futures edged lower on Wednesday as investors were cautious ahead of a speech by Federal Reserve Chairman Ben Bernanke and an auction of 10-year Treasury notes amid concerns about rising yields. Full Article Goldman says did not "bet against" clients April 07, 2010 07:41 AM ET (Reuters) - Goldman Sachs Group Inc said it did not intentionally "bet against" securities in the mortgage market during the financial crisis, dismissing suggestions that it unfairly made money by placing bets against its clients. Full Article China hints at readiness to let yuan rise April 07, 2010 06:50 AM ET BEIJING (Reuters) - Treasury Secretary Timothy Geithner will hold talks in Beijing on Thursday against a background of fresh signals from Chinese policymakers that they might be paving the way to let the yuan resume its rise. Full Article Greek banks plead for more aid in debt crisis April 07, 2010 07:58 AM ET ATHENS (Reuters) - Greek banks, hit by a series of credit rating downgrades linked to the country's debt crisis, have asked the government for more financial support, Finance Minister George Papaconstantinou said on Wednesday. Full Article Renault, Nissan, Daimler in small car, engine deal April 07, 2010 08:23 AM ET BRUSSELS/TOKYO (Reuters) - Renault , Nissan and Daimler said they would swap stakes and jointly develop cars in a tie-up that could lead to combined savings of 4 billion euros ($5.35 billion) over five years. Full Article Family Dollar outlook tops Street, shares up April 07, 2010 08:02 AM ET NEW YORK (Reuters) - Family Dollar Stores reported a higher-than-expected quarterly profit, and forecast earnings that should top Wall Street estimates, as the discount retailer benefited from extended hours and more profitable private label items. Full Article CKE Restaurants gets new takeover offer, shares rise April 07, 2010 08:29 AM ET (Reuters) - CKE Restaurants Inc , owner of the Hardee's and Carl's Jr. hamburger chains, said it received an alternative takeover offer, which could lead to a superior proposal, sending its shares up 6 percent in pre-market trade. Full Article Monsanto trails estimates, warns on targets April 07, 2010 08:26 AM ET KANSAS CITY (Reuters) - Monsanto Co reported results falling below Wall Street expectations on Wednesday as the agricultural seed company warned that competitive pressures would make it difficult to meet previously announced financial targets. Full Article Home purchase loan demand steady as refis sink April 07, 2010 07:02 AM ET NEW YORK (Reuters) - U.S. mortgage rates spiked last week, slashing refinancing demand, while requests for home purchase loans held steady amid a final rush for federal tax credits, Mortgage Bankers Association data showed on Wednesday. Full Article Regulator plans to track high-frequency trading: report April 07, 2010 12:57 AM ET (Reuters) - U.S. securities regulator may formulate a plan to improve oversight of high-frequency trading by keeping track of executed transactions, the Wall Street Journal said, citing people familiar with the matter. Full Article

REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers