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    Last update: December 22, 2009

    +Futures rise on earnings optimism
      NEW YORK (Reuters) - U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.

    +Hasbro profit tops Street estimates
      NEW YORK (Reuters) - Hasbro Inc reported a higher-than-expected quarterly profit on Monday, boosted by demand for movie-related toys, although revenue fell short of expectations.

    +BB&T report slumps as credit issues weigh
      CHARLOTTE, North Carolina (Reuters) - BB&T Corp said on Monday third-quarter profit fell 56 percent as continuing credit issues weighed on results.

    +Gannett quarterly profit, ad revenue sink
      NEW YORK (Reuters) - Gannett Co Inc , the largest U.S. newspaper publisher, reported a lower quarterly profit on Monday and revenue fell because of a 28 percent drop in publishing advertising sales.

    +Insider-trading accused seeks leave from India's ISB
      NEW DELHI (Reuters) - Anil Kumar, charged with other executives over the biggest hedge fund insider-trading scheme, has sought leave from the board of a top Indian business school that he helped set up.

    +JAL's banks reject restructure plan, shares rebound
      TOKYO (Reuters) - Creditors of Japan Airlines Corp have rejected the struggling carrier's restructuring plan and are pushing for a cut in debt waivers and details of the use of state funds, a source familiar with the matter said.

    +Blackstone's new fund faces cash shortfall: report
      (Reuters) - Blackstone Group is finding it difficult to raise money for a new leveraged buyout fund, the New York Post said, citing people familiar with the matter.

    +EU says Germany assures Opel aid is unconditional
      BRUSSELS (Reuters) - Germany has assured GM and the Opel Trust that its 4.5 billion euros ($6.70 billion) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman said on Monday.

    +UK to tighten mortgage rules, ban "liar loans"
      LONDON (Reuters) - Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called "liar loans" blamed for helping to fuel bad debt problems at the heart of the credit crunch.

    +BAIC says man accused of trade theft on leave in U.S.
      SHANGHAI (Reuters) - A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp (BAIC), China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.

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