Monday, 8 July 2013

Before the Bell: Futures up after strong jobs data, before earnings


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07/8/2013
 
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Futures up after strong jobs data, before earnings
NEW YORK (Reuters) - Stock index futures rose on Monday, putting the S&P 500 on track for its third straight advance after Friday's stronger-than-expected payrolls report and before the start of quarterly earnings reports.
Japan's SoftBank says expects to complete Sprint deal on July 10
TOKYO (Reuters) - Japan's SoftBank Corp said on Monday that it expects to complete its $21.6 billion acquisition of U.S. wireless carrier Sprint Nextel Corp on Wednesday, July 10.
Proxy firm ISS backs Michael Dell's offer for PC maker
(Reuters) - Investment advisory firm ISS has recommended Dell Inc shareholders vote in favor a $24.4 billion offer for the PC maker from founder and Chief Executive Michael Dell, the company's special committee said on Monday.
Regulator suggests ways to simplify bank capital rules
LONDON (Reuters) - The world's top banking regulator on Monday suggested possible changes to help simplify new rules on bank capital being introduced to strengthen the industry after the financial crisis.
EU/IMF says outlook for Greek bailout program uncertain
BRUSSELS (Reuters) - The outlook for Greece's bailout program remains uncertain, with differences still to be worked out between the Greek government and its creditors, the European Union and International Monetary Fun said on Monday.
Britain to unveil Royal Mail privatization plans: report
LONDON (Reuters) - Britain will push ahead with its biggest privatization in decades when it unveils plans for a 2.5 billion pound ($3.7 billion) stock listing of state postal operator Royal Mail this week, Sky News reported.
Dubai could raise $1 billion from telecoms stake sales: J.P. Morgan
DUBAI (Reuters) - Dubai Holding could raise almost $1 billion from the sale of its minority stakes in two telecoms firms, J.P. Morgan said in a research note, part of a strategy by state-linked companies to sell assets to repay the emirate's debt pile.
Lloyds shares hit two-year high on overseas buyers' interest
LONDON (Reuters) - Lloyds Banking Group shares jumped to a 2-1/2 year high on Monday as overseas investors stepped up their interest in buying part of the bank, with media reports suggesting some may want half the government's stake.
Manchester United adds Russia's Aeroflot to global sponsorship cast
MANCHESTER, England (Reuters) - State-controlled airline Aeroflot joined Manchester United's growing list of global sponsors on Monday, the first Russian company to partner with the English soccer champions.
Jaguar Land Rover, DHL say strike contingency plans in place
LONDON (Reuters) - Jaguar Land Rover (JLR) and logistics firm DHL said on Monday that plans are in place to minimize the impact on production at the carmaker's British plants from a threatened strike by DHL staff.
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