Παρασκευή 1 Ιουλίου 2011

Fwd: DAI: Wall St rises for 4th day; ends down for June






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06/30/2011
News Good evening John
LATEST NEWS
Wall St rises for 4th day; ends down for June
NEW YORK (Reuters) - U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece's debt crisis indicated further gains in July. | Full Article
Greece passes austerity bill after trouble-free vote
June 30, 2011 04:14 PM ET
ATHENS (Reuters) - The Greek parliament passed a second austerity bill Thursday, opening the way for the EU and IMF to release a 12 billion euro ($17 billion) loan installment which Athens urgently needs to stave off bankruptcy. | Full Article
MBIA may pursue fraud claim vs BofA's Countrywide
June 30, 2011 03:36 PM ET
NEW YORK (Reuters) - MBIA Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion. | Full Article
Analysis: Socks, bedpans among copper's growth markets
June 30, 2011 02:34 PM ET
NEW YORK/SANTIAGO (Reuters) - As Chile struggled for two months to rescue 33 miners trapped deep underground last year, it turned to an unlikely tool to help keep them healthy: copper socks. | Full Article
U.S. caught China buying more debt than disclosed
June 30, 2011 12:47 PM ET
NEW YORK (Reuters) - The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America's delicate balancing act with its biggest creditor, China. | Full Article
US TOP NEWS
Geithner mulling departing post: report
June 30, 2011 04:09 PM ET
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner has signaled to White House officials that he is considering leaving the administration after a deal to raise the debt limit is reached, Bloomberg News reported on Thursday, citing three anonymous sources. | Full Article
Midwest factories roar, but labor market weak
June 30, 2011 04:06 PM ET
WASHINGTON (Reuters) - Factory activity in the U.S. Midwest accelerated in June, fostering hopes for a pick-up in economic growth in the third quarter, despite signs of lingering weakness in the labor market. | Full Article
Ex-Taylor, Bean chairman gets 30 years in prison
June 30, 2011 01:51 PM ET
ALEXANDRIA, Virginia (Reuters) - Taylor, Bean & Whitaker Mortgage Corp's former chairman, convicted of masterminding a $2.9 billion fraud scheme before the company collapsed, was sentenced on Thursday to 30 years in prison. | Full Article
Democrats weigh short-term debt limit increase
June 30, 2011 03:29 PM ET
WASHINGTON (Reuters) - President Barack Obama and Senate Democrats are weighing a scaled-back budget deal that would avert a looming default but force Congress to tackle the politically toxic issue again before the 2012 elections, a Senate Democratic aide told Reuters on Thursday. | Full Article
Investors stay cautious as H2 starts: Reuters poll
June 30, 2011 02:39 PM ET
LONDON (Reuters)- Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds. | Full Article
HEALTH NEWS
Medicare will keep covering Roche's Avastin
Roche undeterred after FDA's Avastin rebuff
Big Medicare cuts to reduce deficit unpopular: poll
Medicare to cover Dendreon's prostate drug
Europe's E. coli outbreaks linked to Egyptian seeds
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