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News

U.S. Stock-Index Futures Gain as Apple Rises on Holiday Forecast

Oct. 21 (Bloomberg) -- U.S. stock-index futures rose, following the Standard & Poor’s 500 Index best three-day stretch since April, as Apple Inc. climbed.

WTI Holds Near Four-Day High as U.S. Fuel Supply Seen Shrinking

Oct. 21 (Bloomberg) -- West Texas Intermediate held near the highest price in four days before data that may show fuel stockpiles fell in the U.S., the world’s biggest consumer.

Daily Digest

Illumina Inc. reported a preliminary net income of $93 million, or 63 cents per share, for the third quarter, and Apricus Biosciences Inc. reported it licensed U.S. development and commercialization rights for a urological treatment from Forendo Pharma, according to company announcements, SEC filings and Bloomberg News.

GENERAL

On the Agenda: Business week highlights talks, social media, anniversaries

Chandler poised to take control of long-time Pimco account

Other Finance Headlines:

U.S. Stock-Index Futures Gain as Apple Rises on Holiday Forecast

Oct. 21 (Bloomberg) -- U.S. stock-index futures rose, following the Standard & Poor’s 500 Index best three-day stretch since April, as Apple Inc. climbed.

WTI Holds Near Four-Day High as U.S. Fuel Supply Seen Shrinking

Oct. 21 (Bloomberg) -- West Texas Intermediate held near the highest price in four days before data that may show fuel stockpiles fell in the U.S., the world’s biggest consumer.

Economic Calendar | Oct. 21

Major Economic Releases

Private, not state, companies drive China's growth

In China, the conventional wisdom holds, state-owned enterprises dominate the economy, private companies are often starved for credit, and the central government exerts substantial influence.

Crude oil's role as a global recession signal

It's been impossible to miss the headlines screaming about oil: Prices Plunge! Multiyear lows! Supply glut! Dollar rally!

More Finance News
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