PARIS Dec 17 U.S. stock index futures pointed
to a mixed open on Wall Street on Monday, with futures for the
S&P 500 up 0.11 percent, Dow Jones futures up 0.07
percent and Nasdaq 100 futures down 0.48 percent at 1123
* Apple Inc will be in the spotlight again, down
another 2.3 percent in pre-market trade in New York on Monday to
$497.98, below a major threshold of $500 not seen since
* Apple shares have tumbled nearly 30 percent in about three
months, losing 3.8 percent on Friday alone, helping lead the
overall market lower. In Frankfurt its shares were down
2.5 percent in brisk volumes after Citigroup cut its rating to
'neutral' from 'buy' and slashed its price target to $575 from
* On Sunday, the company said it has sold more than 2
million of its new iPhone 5 in China during the three days after
its launch there on Friday, but the release has not eased
worries about stiffer competition in smartphones.
* European stocks dipped on Monday, as the first signs of
movement from Republicans in U.S. budget talks failed to
convince investors, who booked some profit on a brisk four-week
* A landslide election victory for Japan's Liberal
Democratic Party, however, sparked recovery hopes for the
world's third-biggest economy and sent the Nikkei to a
near 9-month high.
* Republican House Speaker John Boehner edged closer to
President Barack Obama's key demands as they try to avert the
"fiscal cliff" of tax hikes and spending cuts set to take effect
unless Congress intervenes by Dec. 31.
* Google may not face any major repercussions from
the Federal Trade Commission's (FTC) two-year-old anti-trust
investigation into its web search business, the Wall Street
Journal reported, citing people familiar with the matter.
* KKR & Co L.P. has finished raising $6 billion for its
second pan-Asia fund, according to sources, the largest private
equity pool ever assembled for the region, with strong demand
from pension funds and endowments seeking emerging market
* American International Group Inc may raise as much as $6.5
billion from the sale of its remaining stake in AIA Group Ltd in
Asia's second-largest block sale ever, exiting a business the
U.S. insurer started nearly 100 years ago.
* Networking equipment company Cisco Systems Inc
has hired Barclays to sell its Linksys home router
unit, a report said on Sunday.
* U.S. stocks fell on Friday as the slide for Apple took a
toll and investors unloaded some shares because of the
uncertainty surrounding the "fiscal cliff" negotiations.
* The Dow Jones industrial average slipped 35.71
points, or 0.27 percent, to 13,135.01 at the close. The Standard
& Poor's 500 Index fell 5.87 points, or 0.41 percent, to
1,413.58. The Nasdaq Composite Index lost 20.83 points,
or 0.70 percent, to close at 2,971.33.