NEW YORK (Reuters) - U.S. stock index futures trimmed gains on Monday after data showed manufacturing in New York State fell more than expected in November, even as retail sales grew at a faster pace than expected for October.
DETROIT (Reuters) - General Motors Co posted a third-quarter operating loss on Monday but said stabilizing sales and lower costs since its July bankruptcy would allow it to begin paying down $6.7 billion in U.S. government debt ahead of schedule.
WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
NEW YORK (Reuters) - Lowe's Cos Inc, the second-largest U.S. home improvement chain, posted a 30 percent drop in quarterly profit as consumers put off big renovations as the U.S. housing market remains sluggish, sending shares down 2.1 percent in premarket trading.
TOKYO/AMSTERDAM (Reuters) - Japan's Canon plans to buy Dutch copier and printer maker Oce for 730 million euros ($1.09 billion), challenging rivals Ricoh and Xerox in a hunt for growth during the sector downturn.
OSLO (Reuters) - U.S. network equipment maker Cisco raised its bid for Norwegian video conferencing equipment maker Tandberg and said it was backed by holders of more than 40 percent of its shares after few warmed to its previous offer.
NEW YORK (Reuters) - Capital One Financial Corp and Discover Financial Services reported credit card defaults fell in October, but delinquencies rose in a sign that consumers remain under stress and the sector can expect more pain ahead.
TOKYO (Reuters) - Japan's government inched toward agreeing new stimulus measures that could be worth $30 billion on Monday as economic growth is likely to slow next year due to sluggish personal spending and rising inventories.
TOKYO (Reuters) - Citigroup Inc said on Sunday it has agreed to sell its stake in Japanese telemarketer Bellsystem24 to U.S. private equity firm Bain Capital for 93.5 billion yen ($1 billion).
TOKYO (Reuters) - Mired with losses, Japan's biggest electronics group by sales, Hitachi Ltd, is raising up to $4.6 billion to cut debt as it seeks to turnaround its sprawling businesses and also invest in new growth drivers.
