Business Today: Stock futures lower on Greece downgrade fears

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Good Morning Robert, THU 25 Feb 2010    Stock futures lower on Greece downgrade fears Coke to buy North American bottling operations durable goods orders surge in January Toyota faces tough road to redemption after grilling GE to sell $3.3 billion stake in Garanti: GE sources RBS loss shrinks, calls bad debt peak Swiss shun untaxed cash, seek fix to "black money" Haggling delays 3.5 billion euro A400M bail-out Microsoft wins court approval to topple "botnet": report Nissan, Suzuki, Daihatsu to recall cars in Japan Japanese watch Toyota chief Business Update: Asia dips post-Fed Toyota's loss to be Ford's gain Stock futures lower on Greece downgrade fears February 25, 2010 08:07 AM ET NEW YORK (Reuters) - U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone. Full Article Coke to buy North American bottling operations February 25, 2010 07:46 AM ET NEW YORK (Reuters) - Coca-Cola Co said on Thursday that it planned to buy the North American operations of its largest bottler, Coca-Cola Enterprises Inc , in a substantially cashless deal that would let it cut costs and be more flexible in its distribution. Full Article durable goods orders surge in January February 25, 2010 08:33 AM ET WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods rose more than expected in January as civilian aircraft bookings soared, but slipped excluding transportation, government data showed on Thursday. Full Article Toyota faces tough road to redemption after grilling February 25, 2010 06:23 AM ET TOKYO/WASHINGTON (Reuters) - Toyota Motor Corp's president apologized to U.S. lawmakers and ended the day in tears, marking a potential climax to his company's safety crisis but leaving it with a long road to rebuild its reputation. Full Article GE to sell $3.3 billion stake in Garanti: GE sources February 25, 2010 06:52 AM ET ISTANBUL (Reuters) - General Electric Co (GE) will sell its $3.3 billion stake in Turkey's Garanti Bank, GE Money sources said on Thursday, a move which could offer a rare chance to buy into Turkey's resilient bank sector. Full Article RBS loss shrinks, calls bad debt peak February 25, 2010 05:03 AM ET LONDON (Reuters) - Royal Bank of Scotland posted the largest 2009 loss of its European peers but shrank from record-breaking levels, despite a sharp jump in bad debts which it says may now have peaked. Full Article Swiss shun untaxed cash, seek fix to "black money" February 25, 2010 08:14 AM ET BERNE (Reuters) - Switzerland said it would no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues. Full Article Haggling delays 3.5 billion euro A400M bail-out February 25, 2010 07:40 AM ET PALMA DE MAJORCA, Spain (Reuters) - After agreeing to pump in 3.5 billion euros ($4.7 billion) to save the troubled Airbus A400M military plane project, the buyer nations have postponed a final deal after haggling over loans and jobs. Full Article Microsoft wins court approval to topple "botnet": report February 25, 2010 02:42 AM ET (Reuters) - Software giant Microsoft Corp has won a U.S. court approval to deactivate a global network of computers that the company accused of spreading spam and harmful computer codes, the Wall Street Journal said. Full Article Nissan, Suzuki, Daihatsu to recall cars in Japan February 25, 2010 06:34 AM ET TOKYO (Reuters) - Three Japanese carmakers announced recalls on Thursday, mostly in their home market and not on the same scale as recent moves by the likes of industry leader Toyota which heightened scrutiny of car safety. Full Article

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