Futures advance after three-day rally; data on tap

NEW YORK - U.S. stock index futures advanced on Monday, after the S&P 500 notched its best weekly performance in almost two months, ahead of data on the housing market.

Recent Business News

American Apparel confirms takeover offer, sets new 'poison pill'

- Struggling American Apparel Inc , which fired controversial Chief Executive Dov Charney last week, said it was evaluating a proposed takeover and announced the appointment of a new head of the board, sending its shares up in early trade.

9:54am EST

Thales CEO succession stalled as shareholders split: sources

PARIS - Thales' top shareholders are at odds over its plan for a dual leadership structure that may change their influence at the French defense electronics maker, sources familiar with the matter said on Monday.

9:16am EST

UK to extend Libor manipulation laws to cover gold, oil, silver

LONDON - Britain will widen the scope of laws which make the manipulation of market benchmarks a criminal offense to include seven more rates covering the currency, gold, oil and silver markets by April 1, the government said on Monday.

Oil prices likely to rebound in second half of 2015: Reuters poll

- Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC's decision not to cut output, a Reuters monthly survey showed.

7:11am EST

Russia to bail out Trust Bank with up to $530 million

MOSCOW - Russian mid-sized lender Trust Bank is to receive up to 30 billion rubles ($530 million) from the central bank to stop it going bankrupt in the first bailout of its kind during the current rouble crisis.

7:44am EST


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