Fwd: DAI: Wall Street hit by economic blues; traders eye bounce

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	05/17/2011
Good evening John LATEST NEWS Wall Street hit by economic blues; traders eye bounce NEW YORK (Reuters) - The Dow and the S&P 500 fell for a third day on Tuesday after disappointing figures from Wal-Mart and Hewlett-Packard, although a late rebound suggested investors may be looking for a short-term bounce. | Full Article Dell raises fiscal year operating income outlook May 17, 2011 04:23 PM ET NEW YORK (Reuters) - Dell Inc reported revenue that was slightly lower than Wall Street expectations but the No. 2 PC maker raised its outlook for operating income for fiscal 2012. | Full Article Economic data suggests soft patch continues May 17, 2011 03:17 PM ET WASHINGTON (Reuters) - U.S. factory output slipped for the first time in 10 months in April as a shortage of parts from Japan crimped activity and home building slumped, showing the economy got off to a weak start in the second quarter. | Full Article Wal-Mart tops view; key sales down 1.1 percent May 17, 2011 11:44 AM ET CHICAGO (Reuters) - Wal-Mart Stores Inc's U.S. same-store sales have fallen for two straight years, as customers struggle with high unemployment and wages that are not keeping up with rising prices for food and other basics. | Full Article Probes into banks' mortgage lending grow May 17, 2011 01:56 PM ET NEW YORK/CHARLOTTE, North Carolina (Reuters) - The New York attorney general's office has requested information from three major banks about their mortgage operations, according to a source familiar with the matter. | Full Article US TOP NEWS Jailed Strauss-Kahn faces pressure to quit IMF May 17, 2011 02:43 PM ET NEW YORK/BRUSSELS (Reuters) - Dominique Strauss-Kahn faced pressure from European officials to quit as head of the International Monetary Fund on Tuesday after he spent his first night in a notorious New York jail. | Full Article Pakistan military protests after NATO incursion wounds soldiers May 17, 2011 08:58 AM ET MIRANSHAH, Pakistan/KABUL (Reuters) - NATO helicopters from Afghanistan intruded into northwest Pakistan Tuesday, wounding two soldiers, officials said, prompting a protest from the military already seething over the secret U.S. operation to kill Osama bin Laden. | Full Article Libya's top oil official defects: Tunisian source May 17, 2011 02:51 PM ET TRIPOLI/TUNIS (Reuters) - The chairman of Libya's National Oil Corporation has defected from Muammar Gaddafi's administration and fled to neighboring Tunisia, a Tunisian security source said on Tuesday. | Full Article HP slashes outlook, spends on services overhaul May 17, 2011 02:10 PM ET NEW YORK (Reuters) - Hewlett-Packard Co slashed its 2011 profit forecast as it prepares to spend heavily to revamp a troubled division that provides everything from computer maintenance to high-level tech consulting, sending its shares tumbling over 7 percent. | Full Article Britain's Queen honors Irish nationalists May 17, 2011 03:26 PM ET DUBLIN (Reuters) - Queen Elizabeth honored Irish people killed fighting for independence from Britain on Tuesday in a powerful gesture of reconciliation few people would have believed possible even in recent times. | Full Article HEALTH NEWS Gates says vaccine investment offers best returns Putting a price on blood tests can save money Generics deal cuts cost of AIDS drugs for poor China AIDS sufferers being denied medical care Hospice care doesn't hasten death: study RELATED VIDEO Film exposes Wall St. crisis secrets Housing stuck in the dumps IMF scandal makes headlines in Asia A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH U.S. state riled up over "relaxation" brownie Full Article Russia arrests man who ate human liver with potatoes Bear hunter severely mauled by grizzly Three get jail in president corpse snatch U.S. makes mistake on visa lottery, must redraw Some feline fun with hi-tech headgear - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend