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U.S. Morning Call: Stock futures up, Alibaba hires lobbyist

Thursday, December 29, 2011 - 02:57

Dec. 29 - U.S. stock futures are pointing to a steady open on Wall Street, and Alibaba Group hires a Washington lobbying firm in a sign that the company would be willing to make a bid for all of Yahoo.

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Morning call for this Thursday US stocks pointing toward a higher open after Italy completes another bond auction. Dow NASDAQ S&P 500 futures up slightly markets -- late Wednesday as traders expressed anxiety about the latest -- offering. Yields fell on the tenure at -- three year bonds of the tenure remains near -- 7% level viewed as unsustainable. The hero filing today at one point falling below -- 26. At its lowest level since September 2000 tab. I would not it goes to Washington that Chinese Internet company has hired eight US lobbying firm. It is signed would be willing to make a bid for all of Yahoo!. Alibaba -- already expressed interest in buying back most of Yahoo!'s 40% stake -- it. Alibaba hired the Duberstein group headed by Ken Duberstein who's seen on the right here he was chief of staff under President Reagan messages left for the Duberstein group were not immediately return -- comment. Groups. Rick Perry isn't the only experiencing it looks -- -- 2011 comes to a close so it is the New York Times. The Paper says it sent eight million customers an. Offering a special discount that they reconsider that decision to cancel subscriptions. Trouble is it was only meant for about 400 customers. Email it's 50% off home delivery -- sixteen weeks wonder how many of those eight million -- out and get a better deal. Thomson Reuters not our markets expects midwest manufacturing to show continued signs of growth today. It sees -- December Chicago him live report coming in at 61 point five. Down slightly from last month but still well the breakeven reading of fifty. I have bars as the Chicago land area continues to benefit from solid growth capital and auto workers. That report comes out at 945. Weekly jobless claims -- out at 830 and pending home sales for release at ten. Finally all this week we're looking back at the top business stories of 2011. Today the natural disasters. We could Begin and end with your pregnancy not in Japan in March and they led to thousands of deaths and the destruction of the Fukushima nuclear plant. Thailand suffered flooding that killed hundreds and -- to supply chain disruptions for autos electronics. While storms ravaged parts of the US in an October snowfall. It led to significant damage on the East Coast. He's just a few examples. Reassures this -- the economic losses of 350. Billion dollars a record. Pilots as insured losses were at 108 1000000000 that's your morning call this Thursday I've got to shop there this is writers and signers.

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U.S. Morning Call: Stock futures up, Alibaba hires lobbyist

Thursday, December 29, 2011 - 02:57