Business Today: Futures point to higher open on Greece deal

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

Good Morning Bit, MON 12 Apr 2010    Futures point to higher open on Greece deal Markets salute euro zone deal on Greece, for now UBS Q1 best since crisis began, withdrawals slow MasterCard names former Citi executive Banga CEO Tech earnings look strong, but may not satisfy Smartphone maker Palm seeking a buyer: report NBER says not clear yet when U.S. recession ended Regulators failed to supervise Washington Mutual: report EADS says no decision yet on U.S. tanker bid U.S. bailout cost seen lower at $89 billion: report Business Update: EU aid boosts euro China gets tough on property loans Earnings estimates stir optimism Futures point to higher open on Greece deal April 12, 2010 08:17 AM ET NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly higher open on Monday, aided by easing sovereign debt concerns after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece. Full Article Markets salute euro zone deal on Greece, for now April 12, 2010 08:26 AM ET LONDON/ATHENS (Reuters) - Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default dissipated. Full Article UBS Q1 best since crisis began, withdrawals slow April 12, 2010 06:07 AM ET ZURICH (Reuters) - UBS delivered its highest pretax profit since the credit crisis began, just ahead of a likely tense shareholder meeting, and said withdrawals had slowed substantially as the bank rebuilds client trust. Full Article MasterCard names former Citi executive Banga CEO April 12, 2010 08:11 AM ET NEW YORK (Reuters) - MasterCard Inc named Ajay Banga, its president and chief operating officer, as chief executive to replace outgoing CEO Robert Selander, the company said on Monday. Full Article Tech earnings look strong, but may not satisfy April 12, 2010 12:43 AM ET SEATTLE (Reuters) - Investors are expecting strong quarterly results from major U.S. technology companies over the next few weeks, but a stronger dollar and elevated expectations could mute any effects on stocks. Full Article Smartphone maker Palm seeking a buyer: report April 12, 2010 08:16 AM ET HELSINKI (Reuters) - Smartphone maker Palm Inc , which has not turned a profit in its battles with rivals Apple and RIM, has begun seeking offers for the firm, Bloomberg said, citing three people familiar with the situation. Full Article NBER says not clear yet when U.S. recession ended April 12, 2010 08:34 AM ET WASHINGTON (Reuters) - It is too soon to determine when the U.S. recession ended, the arbiter of U.S. business cycles said on Monday. Full Article Regulators failed to supervise Washington Mutual: report April 12, 2010 08:31 AM ET NEW YORK (Reuters) - U.S. regulators did not properly supervise Washington Mutual Inc, even as the savings and loan began to crumble because of the subprime mortgage crisis, a federal investigation concluded, the New York Times reported. Full Article EADS says no decision yet on U.S. tanker bid April 12, 2010 07:46 AM ET PARIS (Reuters) - The chief executive of Airbus parent EADS said on Monday the European group had not yet decided whether to challenge Boeing for a deal worth up to $50 billion to sell aerial tankers to the United States. Full Article U.S. bailout cost seen lower at $89 billion: report April 12, 2010 01:19 AM ET NEW YORK (Reuters) - The government's bailout of the financial system is expected to cost $89 billion, much lower than earlier projections, the Wall Street Journal reported on Sunday, citing Treasury Department officials. 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