U.S. stock index futures rose modestly on Wednesday, following a steep sell-off in the previous session, as investors awaited the Federal Reserve's interest rate decision and a statement on the economy.
British American Tobacco Plc , the world's No 2 cigarette maker, reported a 4 percent fall in underlying first-quarter volumes but said price rises led to good sales growth and it remains on track for 2010.
Honda Motor Co forecast a smaller-than-expected 10 percent rise in full year operating profit and warned of stiffer competition as Korean and U.S. automakers roll out models to rival its fuel-efficient line-up.
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
The euro tumbled to a one-year low against the dollar and Asian stocks fell as cuts in Greece and Portugal's credit ratings set off a flight to safety on fears that the euro zone's debt problems are spreading.
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in annual operating profit as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
The Australian Dollar opens lower against the greenback on Wednesday at 0.9150.
U.S. stock index futures pointed to a lower open on Tuesday after Germany demanded new austerity measures from Greece, prompting worries over Greek debt, although strong earnings reports limited losses in the Dow.
U.S. stock index futures fell on Tuesday as worries mounted over Greek debt after Germany demanded new austerity measures and investors awaited another round of earnings and economic data.
Sharp Corp beat market expectations with a forecast for annual operating profit to more than double to its highest in three years, after it swung to a quarterly profit on strong sales of display and solar panels.
Mazda Motor Corp and Mitsubishi Motors Corp , Japan's No.5 and No.6 automakers, forecast a more than trebling in annual operating profit on Tuesday, counting on new models to ride a sales recovery in the United States and other markets.
World stocks remained troubled by worries over Greek debt on Tuesday after Germany demanded new austerity measures, offsetting strong U.S. earnings, and driving down the euro on contagion fears.
Mazda Motor Corp and Mitsubishi Motors Corp , Japan's No.5 and No.6 automakers, forecast a more than trebling in annual operating profit on Tuesday, counting on new models to ride a sales recovery in the United States and Japan.
Japan's Sharp Corp swung to a quarterly profit on robust sales of display and solar panels, and forecast more than a twofold jump in annual operating profit to its highest in three years, beating market expectations.
The euro slid on Tuesday as Germany demanded painful new austerity measures from Greece in return for badly needed financial aid, while Asian stocks fell as investors took profits in sectors that have been outperforming in recent weeks.
Mazda Motor Corp forecast on Tuesday more than trebling its operating profit this year, counting on the Mazda5 minivan and other new models to drive a sales recovery in the United States and Japan.
Japan's Sharp Corp swung to a profit in its financial year thanks to cost cuts and robust sales of solar panels, and forecast more than a twofold jump in operating profit this year, beating market expectations.
General Electric Co and Nissan Motor Co on Monday announced a three-year agreement to collectively research development of charging stations for electric vehicles.
U.S. stock index futures pointed to a higher open on Monday on a flurry of merger-and-acquisition activity and after Caterpillar reported stronger-than-expected quarterly profit.
U.S. stock index futures rose on Monday after a new flurry of merger-and-acquisition activity and Caterpillar reported stronger-than-expected quarterly profit.
U.S. stock index futures were modestly higher on Monday, the first session after hitting a 19-month high, as investors awaited key earnings reports and a Greek official said an aid package would help avert a sovereign debt default.
