Quick Overview

• According to Bloomberg, the average prediction by analysts of the number of Nokia Lumia smartphones believed to be sold so far is 1.3 million. (Numbers on Thursday)

• Recently-launched ETFs are struggling to attract investors. Of the 308 ETFs launched last year, 86% of them failed to draw in at least $30 million in assets under management.

• (Bloomberg) U.S. farmers, poised to ship record beef cargoes for a second straight year, may get a further boost as Japan, once their biggest overseas customer, considers easing trade curbs imposed after an outbreak of mad-cow disease.

• Orange juice futures rose to a record due to speculation the United States might ban Brazilian juice imports for using a fungicide that US regulations prohibit.