Noticias de Hoy

(Advisory: this article contains profanity in the fourth, 27th and 41st paragraphs. ) NEW YORK (Reuters) – He’s tearing down walls. He’s tossing out old business models. And he’s dressing down people, publicly and profanely, in the once-buttoned-down halls of Dow Jones & Co. , publisher of the august Wall Street Journal. Lex Fenwick (pronounced FEN-nick), a long-time Bloomberg LP executive, is making his mark on Dow Jones, the News Corp subsidiary where he became chief executive officer earlier this year. . . .

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NEW YORK (Reuters) – Wall Street may be bracing for a pullback as U. S. earnings season begins next week – if the clouds of profit warnings from bellwethers ranging from FedEx to Hewlett-Packard lead to a downpour of lower profits – or even losses. Thanks to aggressive stimulus plans from central banks around the world, the Standard & Poor’s 500 index gained 5. 8 percent over the third quarter. That sharp rally occurred even as companies were struggling. Earnings for that period are forecast to fall 2. 4 percent from the year-ago quarter. . . .

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WASHINGTON/PARIS (Reuters) – The U. S. government said on Saturday it had received European Union documents on funding for the Airbus A350 after requesting them from the World Trade Organization over a month ago in an ongoing transatlantic dispute over aircraft subsidies. "The compliance panel directed the EU to provide documents and briefing upon a request made by the United States more than a month ago, and we received the documents just yesterday," a spokeswoman for the U. S. Trade Representative’s Office said. . . .

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ATHENS (Reuters) – Greece will continue talks with international lenders next week on new austerity measures for the debt-ridden country to clinch its next loan tranche, the finance minister said on Saturday, with both sides saying progress had been made. Negotiators had been pushing for a deal before a meeting of euro zone finance ministers on Monday, but Greece said it would settle for a statement acknowledging that talks were advancing. . . .

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TAIPEI/SAN FRANCISCO (Reuters) – Foxconn, the Taiwanese made-to-order electronics giant that assembles Apple Inc’s products, denied reports that a plant in China was crippled by a strike, saying on Saturday that its production is on schedule at an important time for Apple. The report of a strike issued by China Labor Watch, a New York-based advocacy group, came weeks after Apple kicked off its largest-ever global rollout for the new iPhone 5 smartphone. Apple is already struggling with tight availability of the phones in stores, analysts say. . . .

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WASHINGTON (Reuters) – The U. S. unemployment rate unexpectedly dropped to 7. 8 percent in September and reached its lowest level since President Barack Obama took office, providing a boost to his re-election bid. The Labor Department said on Friday that employers added 114,000 workers to their payrolls last month, a moderate number, but it said a combined 86,000 more jobs were created in the prior two months than it had previously thought. Other aspects of the report also were strong. In particular, a separate survey of households found a big surge in hiring. . . .

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NEW YORK (Reuters) – The S&P 500 broke a four-day string of gains, ending slightly lower on Friday as an unexpected drop in the U. S. unemployment rate was overshadowed by concerns about the coming earnings season, which begins with Alcoa next week. All three major U. S. stock indexes came off session highs by afternoon trade, with the S&P 500 turning negative for the first time this week, as investors braced for weak corporate results. The Nasdaq was pressured by Apple Inc , which fell 2. 1 percent to close at $652. 59. S&P 500 earnings for the third quarter are forecast to have fallen 2. . . .

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NEW YORK (Reuters) – The Dow Jones industrial average climbed to its highest level in nearly 5 years on Friday after an unexpected drop in the unemployment rate pointed to an improving economy. The S&P 500 rose for a fifth day and was also on course to close near a five-year high. The index has gained nearly 17 percent so far this year and is on track for its best yearly run since 2009 when stocks rebounded after the financial crisis. . . .

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WASHINGTON (Reuters) – Fears of government austerity likely kept U. S. job gains modest and the unemployment rate elevated in September, an outcome that could weigh on President Barack Obama’s re-election bid. Employers are expected to have added 113,000 jobs to their payrolls last month, according to a Reuters survey of economists. That would be up from 96,000 in August, but it would still fall short of what is needed to cut the jobless rate. Indeed, economists expect the unemployment rate, a key focus in the race for the White House, to tick up by a tenth of a percentage point to 8. . . .

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LONDON (Reuters) – Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 slipping by 0. 1 percent, while the Dow Jones and Nasdaq 100 futures contracts rose around 0. 1 percent. U. S. payrolls data is due out at 1230 GMT. The data is expected to show employers added 113,000 jobs to their payrolls in September, according to a Reuters poll of economists. However, that would likely be too few to lower the nation’s 8. 1 percent jobless rate, which is seen rising to 8. 2 percent. . . .

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