AP – Greece’s European partners tightened the screws on Athens on Monday, demanding that political leaders swiftly agree on more austerity measures in exchange for a new bailout package needed to avert a disastrous bankruptcy.
Business
Hasbro 4Q net income dips 1 percent (AP)
AP – Hasbro Inc.’s fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles
China growth could halve if Europe crisis worsens: IMF (Reuters)
Reuters – China’s annual economic growth could be cut nearly in half this year if Europe’s debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil “significant” fiscal stimulus, the International Monetary Fund said.
Glencore, Xstrata hammer out premium as deal nears (Reuters)
Reuters – Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner’s shareholders.
Greece lets another deadline slip in bailout poker (Reuters)
Reuters – Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout as patience in Brussels wore thin over drawn-out negotiations among its feuding political leaders.
Stock index futures signal lower Wall Street open (Reuters)
Reuters – Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.
Stock index futures signal lower Wall Street open (Reuters)
Reuters – Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.
GM aims for 10 percent profit margin over next few years: report (Reuters)
Reuters – General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
GM aims for 10 percent profit margin over next few years: report (Reuters)
Reuters – General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
Euro, shares lower ahead of Greek high noon (Reuters)
Reuters – The euro and European shares retreated on Monday on nerves Greek would fail to come up with the political commitments needed to avoid a potential sovereign debt default, taking the shine off a U.S. jobs report that had brightened the global economic outlook.

