Before the Bell: Stock futures edge up after German data, Friday sell-off

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Good Morning Postlinuxeg, MON 07 Jun 2010 
 
Stock futures edge up after German data, Friday sell-off
Hungary eyes budget cuts, market says signals mixed
BP shares jump on first major oil spill progress
Jobs headlines Apple event, new iPhone in the wings
Prudential courts shareholders after failed Asian bid
Hon Hai shares tumble on new China wage rise
BA not neglecting strike peace talks: CEO Walsh
Spain's labor reform could sideline unions: report
Exxon execs warn on curbing on deepwater drilling
Global air industry sees profit, warns on Europe

Stock futures edge up after German data, Friday sell-off
June 07, 2010 07:55 AM ET
NEW YORK (Reuters) - Stock index futures were slightly higher on Monday, reversing sharp declines in the last session, as solid German data eased concerns about a wobbly European economy and the S&P looked to bounce off a key technical level.

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Hungary eyes budget cuts, market says signals mixed
June 07, 2010 07:26 AM ET
BUDAPEST (Reuters) - Hungary's government vowed to cut spending on Monday as it strove to repair damage from comments last week about a possible Greece-style debt crisis, but a renewed pledge of tax cuts kept markets on edge.

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BP shares jump on first major oil spill progress
June 07, 2010 06:37 AM ET
LONDON (Reuters) - Shares in oil major BP Plc rose on Monday after the company said it was capturing most of the oil gushing from its leaking Gulf of Mexico well, and that an additional capture system would be ready in mid-June.

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Jobs headlines Apple event, new iPhone in the wings
June 07, 2010 07:12 AM ET
SAN FRANCISCO (Reuters) - Apple Inc is widely expected to unveil its latest iPhone on Monday, as the company aims to stay a step ahead of rivals in an increasingly competitive smartphone market.

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