Before the Bell: Stock futures advance after Alcoa's profit tops forecasts

Click to View in Browser 07/9/2013

Stock futures advance after Alcoa's profit tops forecasts NEW YORK (Reuters) - Stock futures rose on Tuesday, putting the S&P 500 on pace for a fourth straight advance, after Alcoa reported higher-than-expected adjusted profit, which buoyed optimism about quarterly earnings reports to come. Kroger to buy Harris Teeter Supermarkets in $2.5 billion deal (Reuters) - Kroger Co , the biggest U.S. supermarket operator, said it would acquire Harris Teeter Supermarkets Inc in a deal valued at $2.5 billion to expand in the south east and mid-Atlantic regions. Exclusive: One Call Care for sale for more than $1.5 billion: sources NEW YORK (Reuters) - One Call Care Management Inc, a medical cost containment services company owned by Odyssey Investment Partners LLC, is exploring a sale that may fetch more than $1.5 billion, according to two people familiar with the matter. Completed U.S. foreclosures decline in May from year ago: CoreLogic NEW YORK (Reuters) - Fewer U.S. foreclosures were completed in May compared with a year ago, while the number of houses in the foreclosure process also declined as the market continued to heal, data analysis firm CoreLogic said on Tuesday. Dell shareholder Yacktman backs Icahn buyout proposal (Reuters) - Dell Inc shareholder Yacktman Asset Management threw its support behind Carl Icahn and Southeastern Asset Management's buyout proposal for the PC maker. NYSE Euronext to take over scandal-hit Libor LONDON (Reuters) - New York Stock Exchange operator NYSE Euronext is to take over running the Libor benchmark interest rates that have been at the centre of a global rigging scandal. European rift clouds future of executioner for failed banks BRUSSELS (Reuters) - A rift in Europe over how best to control its banks has raised a question mark over how far the bloc is willing to go in setting up a new agency to shut stricken banks. Shell's new CEO reinforces gas technology focus LONDON (Reuters) - Royal Dutch Shell named refining head Ben van Beurden as its new chief executive, picking a man with little board-level experience but broad company exposure and first-hand knowledge of the gas technology it has bet its future on. Greek outlook bleaker than lenders think, local think tank calculates ATHENS (Reuters) - Greece's economy could shrink by as much as 5 percent this year, the Athens-based IOBE think tank said on Tuesday, revising down its previous projection and offering a more pessimistic forecast than the country's foreign lenders. Judge tentatively lets U.S. pursue lawsuit versus S&P (Reuters) - A federal judge has made a tentative ruling that would let the U.S. government pursue its $5 billion civil lawsuit accusing Standard & Poor's of defrauding investors by inflating credit ratings prior to the financial crisis. Related Video Blood cell therapy developed for wounds that won't heal Disaster zone shelters help UK school reduce jet noise Global Investing Use insurance companies to end U.S. pension crisis: Senator Hatch Reckless bankers, or just stupid and idle?: James Saft A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS

	- 3 Times Square New York, NY 10036 USA	© Copyright 2010 Thomson Reuters