IBT Staff Reporter

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve monetary policy meeting, boosting oil and metals prices.

Big Citi Stake Sale; Google's Trademark Battle; Stocks Higher

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.

The White House kept insurance companies squarely in its sights on Tuesday in the push for healthcare reform by releasing research showing that health insurance premiums have risen far faster than inflation in every U.S. state.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the beginning of a Federal Reserve monetary policy meeting, boosting oil prices.

Singapore's largest sovereign wealth fund GIC said on Tuesday it had halved its stake in Citigroup to below 5 percent, making a profit of $1.6 billion as global equity markets rebound.

Singapore's largest sovereign wealth fund GIC said on Tuesday it had halved its stake in Citigroup to below 5 percent, making a profit of $1.6 billion as global equity markets rebound.

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.

Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 4:56 a.m. EDT.

Foreign media in China have been targeted by emails laden with malicious computer software in attacks that appear to be tied to the run-up to the National Day military parade on October 1.

Say goodbye to the black brick laptop. The era of the plain, dowdy PC is officially over.

World stocks climbed and the dollar fell on Tuesday ahead of the Federal Reserve's two-day policy meeting, with investors' search for higher returns reflected in the New Zealand dollar's surge to 13-month highs.

Oil rose above $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.

An adviser to the European Union's top court backed Google on Tuesday in a row with luxury goods maker LVMH over Internet advertising, saying the Web search firm had not infringed trade mark rights.

Ford Motor and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, an industry source said on Tuesday.

Asian shares edged higher on Tuesday, helped by gains in South Korean technology shares, while the New Zealand dollar surged to a 13-month high on signs of a recovery in prices for the country's key dairy exports.

Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

The Federal Deposit Insurance Corp may ask healthy U.S. banks to lend billions of dollars to restore the health of the depleted fund that safeguards bank deposits, the New York Times reported, citing senior regulators.

President Barack Obama will broker his first summit of Israeli and Palestinian leaders on Tuesday but is given little chance of achieving a breakthrough toward relaunching long-stalled peace talks.

Honduras was deep in crisis after President Manuel Zelaya's surprise return to the Central American country raised the specter of violent street protests and a diplomatic fight with Brazil.

The Aussie dollar began the week on a softer note drifting lower in Asia from its early morning high around 0.8680 eventually testing support at 86 cents in early offshore trade. A move out of riskier assets heading into the FOMC meeting and a pullback in commodity prices weighed on the AUD which reached an eventual low around 0.8590. North American pared back some of the losses to push the Aussie dollar back to this morning's open around 0.8630 against the Greenback.

Bank of America/Merrill Lynch has appointed former top Goldman Sachs JB Were executive Craig Drummond to head its Australian operations, a top official said on Tuesday.

India's Bharti Airtel has offered to retain the top management at MTN for at least three years and given the option of an all-cash offer to minority MTN shareholders to sew up the planned tie-up between the two firms, the Economic Times reported on Tuesday.

Samsung Electronics, the world's biggest maker of memory chips, said on Tuesday it remains cautious about the sector's outlook even as the industry emerges from its two-year slump.

Plantation and palm oil processor Wilmar International is expected to spin off its China food operation, raising up to HK$27.3 billion ($3.5 billion) in a flotation of shares in Hong Kong in October, the Hong Kong Economic Times reported on Tuesday.

Business development company Fifth Street Finance Corp said it began a public offering of 4 million common shares and expects to use most of the proceeds to make investments in small and mid-sized companies.

Education Management Corp is set to price its planned $380 million IPO in early October and become the latest private equity-owned firm to go public during the current stock market rally.

A potential initial public offering of the Casa de Pedra iron ore mine owned by Brazilian steelmaker CSN would likely raise much more than $2 billion, the company's chief executive said on Monday.