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    Last update: December 22, 2009

    +Stock futures down as investors pause after solid rally
      NEW YORK (Reuters) - Stock index futures edged lower on Tuesday as investors paused after the market hit a 13-month high in the previous session on expectations for prolonged low interest rates.

    +European Commission objects to Sun-Oracle deal
      NEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc, throwing the $7 billion deal into question.

    +Barclays, HSBC signal bad debts may have peaked
      LONDON (Reuters) - Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.

    +Lloyds to cut another 5,000 jobs by end of 2010
      LONDON (Reuters) - Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS.

    +Beazer flips to quarterly profit; shares jump
      NEW YORK (Reuters) - Beazer Homes USA Inc on Tuesday reported its first quarterly profit in more than a year, sending its shares up 8 percent in premarket trading.

    +Stronger U.S. GDP seen in 2010: survey
      WASHINGTON (Reuters) - Top forecasters are growing more confident the U.S. economy has embarked on a sustainable recovery, a survey released on Tuesday showed.

    +Tyco International profit falls less than expected
      NEW YORK (Reuters) - Industrial conglomerate Tyco International Ltd posted a 53 percent drop in quarterly net profit as soft economic conditions sapped demand for its construction and control products.

    +Lazard may get more than one leader: report
      (Reuters) - Investment bank Lazard's board may pick more than one person to lead the company following the death of Chief Executive Bruce Wasserstein, the New York Post said.

    +Oil falls to near $79 as hurricane weakens
      LONDON (Reuters) - Oil prices fell slightly on Tuesday but held above $79 a barrel as the dollar weakened, gold stayed strong and a late-season hurricane subsided in the Gulf of Mexico.

    +EU starts investigation into Reuters datafeed tool
      BRUSSELS (Reuters) - EU antitrust regulators launched an investigation on Tuesday into news and financial data publisher Thomson Reuters' use of its real-time market datafeed, saying it might block users moving to rival firms. The European Commission, which polices competition in the 27-country European Union, said the investigation was launched on its own initiative and that it did not imply it had proof of an infringement.

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