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    Last update: December 22, 2009

    +Stock futures dip after Home Depot, stronger dollar
      NEW YORK (Reuters) - U.S. stock index futures dipped on Tuesday after Home Depot said its markets were under pressure, while commodity prices eased as the dollar bounced higher a day after major indexes hit 13-month highs.

    +Home Depot profit beats Street
      NEW YORK (Reuters) - Home Depot Inc posted a higher-than-expected quarterly profit and raised its full-year outlook as the top home improvement chain cut costs to offset weak demand for big-ticket remodeling projects.

    +Producer prices point to benign inflation
      WASHINGTON (Reuters) - U.S. producer prices rose more slowly than forecast in October and unexpectedly fell excluding food and energy, a government report showed on Tuesday, pointing to tame inflation pressures.

    +Target profit up, cautious on fourth quarter
      SAN FRANCISCO (Reuters) - Target Corp reported a higher-than-expected quarterly profit on Tuesday as traffic in its stores improved and shoppers purchased more than just necessities, like food or medicine.

    +Gruebel vows to return UBS to profit, in time
      ZURICH (Reuters) - UBS boss Oswald Gruebel set an ambitious target for annual pretax profit of $15 billion, vowing to rebuild the loss-making bank and win back clients after the subprime crisis and a bitter U.S. tax row.

    +China, U.S. eye pact to help troubled banks: sources
      HONG KONG (Reuters) - Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.

    +Wall Street profits revive, bank bonuses may jump
      NEW YORK (Reuters) - New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.

    +Saks posts Q3 profit, shares up
      NEW YORK (Reuters) - Upscale department store operator Saks Inc reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose 5.5 percent.

    +GMAC CEO resigns, Carpenter steps in
      NEW YORK (Reuters) - GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said on Monday.

    +Banks, policymakers spar over new rules
      LONDON/FRANKFURT (Reuters) - Big banks stepped up warnings on Tuesday that tightening capital rules too soon could stall economic recovery, but policymakers said the bailed out sector cannot rely on taxpayers again in future.

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