Business Today: Paulson reassures on Goldman role

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Good Morning Bit, WED 21 Apr 2010    Paulson reassures on Goldman role Nasdaq futures up on Apple, earnings on focus Morgan Stanley swings to profit Chrysler posts $4 billion of losses since bankruptcy AT&T profit hit by charge but above estimates McDonald's profit beats forecasts Analysts raise targets on Apple post results Boeing profit declines on fewer deliveries Corrected: Lockheed posts lower profit, cuts outlook United Tech beats Wall Street's profit view European skies reopen to business European airspace reopens Business Update: Apple lifts Asia Paulson reassures on Goldman role April 21, 2010 07:14 AM ET NEW YORK/SINGAPORE (Reuters) - Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings. Full Article Nasdaq futures up on Apple, earnings on focus April 21, 2010 07:46 AM ET NEW YORK (Reuters) - U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout profits from Apple as the focus shifted to results from four Dow components and other bellwethers including Morgan Stanley. Full Article Morgan Stanley swings to profit April 21, 2010 08:20 AM ET NEW YORK (Reuters) - Morgan Stanley reported on Wednesday a first-quarter profit behind strong trading results. Full Article Chrysler posts $4 billion of losses since bankruptcy April 21, 2010 07:16 AM ET DETROIT (Reuters) - Chrysler reported net losses of nearly $4 billion since it emerged from bankruptcy last year, but it had an operating profit in the first quarter and affirmed that it was on track to break even in 2010. Full Article AT&T profit hit by charge but above estimates April 21, 2010 08:11 AM ET NEW YORK (Reuters) - AT&T Inc <T.N reported lower quarterly earnings due to a big healthcare-related charge, but profit excluding the one-time charge exceeded expectations. Full Article McDonald's profit beats forecasts April 21, 2010 08:28 AM ET NEW YORK (Reuters) - McDonald's Corp reported quarterly profit on Wednesday that beat analysts' forecasts as its U.S. business picked up in March. Full Article Analysts raise targets on Apple post results April 21, 2010 08:04 AM ET (Reuters) - At least eight brokerages raised their price targets on Apple Inc Wednesday, a day after the company posted stellar quarterly profit on record iPhone sales and forecast strong third-quarter revenue. Full Article Boeing profit declines on fewer deliveries April 21, 2010 07:51 AM ET CHICAGO (Reuters) - Boeing Co , the world's second-largest plane maker, on Wednesday posted a narrowed quarterly profit on an 11 percent decline in commercial airplane deliveries. Full Article Corrected: Lockheed posts lower profit, cuts outlook April 21, 2010 08:06 AM ET Corrects percentage change to 18 percent in first paragraph Full Article United Tech beats Wall Street's profit view April 21, 2010 07:35 AM ET BOSTON (Reuters) - Diversified U.S. manufacturer United Technologies Corp posted a 20 percent rise in profit that topped Wall Street's expectations and ended a four-quarter streak of declines. Full Article

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