Business Today: Futures up on upbeat data from China, Europe

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Good Morning Robert, THU 01 Apr 2010    Futures up on upbeat data from China, Europe Asian, European manufacturing picks up RIM results lag estimates, shares drop Dai-ichi Life gains on debut after $11 billion IPO Bombardier profit misses Street view CEO median pay edges lower in 2009: report General Growth files exit proposal, auction rules Special Report: iPad striptease: It's what's inside that counts Japan car sales jump on stimulus, Hyundai soars PIMCO sees Greece action ineffective; UK downgrade MGM quizzed over Macau triad links Saab back in the spotlight Simon Johnson on the next crisis Futures up on upbeat data from China, Europe April 01, 2010 08:05 AM ET NEW YORK (Reuters) - Stock index futures rose on Thursday as upbeat data from China and Europe fueled optimism the global economy is on track for growth. Full Article Asian, European manufacturing picks up April 01, 2010 07:39 AM ET LONDON/BEIJING (Reuters) - Factories across Europe and Asia cranked up production in March, business surveys showed on Thursday, showing a strong recovery in fast-growing emerging markets taking root in the developed West. Full Article RIM results lag estimates, shares drop April 01, 2010 04:18 AM ET OTTAWA (Reuters) - Research in Motion said quarterly profit and sales rose, but the results lagged expectations and the stock tumbled on rekindled fears that the dominance of its BlackBerry smartphone is waning. Full Article Dai-ichi Life gains on debut after $11 billion IPO April 01, 2010 07:06 AM ET TOKYO (Reuters) - Dai-ichi Life Insurance rose 14 percent on its debut on Thursday after pricing its $11 billion IPO at a discount to rivals, but investors remain wary of its growth prospects outside a mature Japanese market. Full Article Bombardier profit misses Street view April 01, 2010 07:50 AM ET (Reuters) - Canadian planemaker Bombardier Inc reported a fourth-quarter profit that missed Wall Street expectations by a cent, hurt by lower selling prices for business jets, and said it expects to deliver less of its aircraft in 2011. Full Article CEO median pay edges lower in 2009: report April 01, 2010 01:42 AM ET (Reuters) - The median compensation for chief executives of 200 major U.S. companies fell marginally to $6.95 million in 2009, the Wall Street Journal said, citing an analysis by Hay Group management consultancy. Full Article General Growth files exit proposal, auction rules April 01, 2010 02:46 AM ET NEW YORK (Reuters) - General Growth Properties Inc filed an eagerly awaited plan to exit bankruptcy on its own and laid out bidding procedures, setting the stage for others like Simon Property Group Inc to jump in with rival offers. Full Article Special Report: iPad striptease: It's what's inside that counts April 01, 2010 07:10 AM ET SAN FRANCISCO (Reuters) - The iPad will not hit stores until Saturday, but the race to unlock its mysteries started several weeks ago in San Luis Obispo, a picturesque college town roughly 200 miles south of Apple's Silicon Valley headquarters. Full Article Japan car sales jump on stimulus, Hyundai soars April 01, 2010 05:26 AM ET TOKYO/SEOUL (Reuters) - Japanese auto sales jumped by a quarter in March to cap a business year that relied heavily on government incentives, while South Korea's Hyundai Motor continued to rack up impressive sales growth, sending its shares to a record high. Full Article PIMCO sees Greece action ineffective; UK downgrade April 01, 2010 08:00 AM ET TAIPEI (Reuters) - PIMCO sees Europe's action on Greece as ineffective in fixing the country's problems, while Britain's sovereign debt rating could be downgraded within a year, a top executive of the world's largest bond fund said. Full Article

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