Fwd: DAI: Wall St recovers late from euro zone gloom

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	09/12/2011
Good evening John LATEST NEWS Wall St recovers late from euro zone gloom NEW YORK (Reuters) - Stocks rose on Monday, bouncing back in late trading, as hopes that Italy could get financial support from China tempered investors' worst fears over the euro zone's sovereign debt crisis. | Full Article BofA plans 30,000 job cuts; investors underwhelmed September 12, 2011 02:47 PM ET (Reuters) - Bank of America Corp said it is cutting 30,000 jobs in the coming years as it looks to slash annual expenses by $5 billion, but investors were disappointed in the scant new detail the bank provided about its plans. | Full Article French banks hit as SocGen ditches assets September 12, 2011 02:01 PM ET PARIS (Reuters) - Societe Generale said it would cut costs and sell assets to free up 4 billion euros in fresh capital on Monday, although the surprise move failed to stem a sell-off in French bank shares, driven by fears of a Greek debt default. | Full Article Italy asks China to buy its bonds: report September 12, 2011 03:39 PM ET NEW YORK (Reuters) - Italy has asked China to make "significant" purchases of Italian debt, the Financial Times reported on its website on Monday. | Full Article Chipmaker Broadcom to buy NetLogic for $3.7 billion September 12, 2011 12:34 PM ET NEW YORK (Reuters) - Chipmaker Broadcom Corp plans to buy NetLogic Microsystems Inc for about $3.7 billion to expand its lineup of chips used in wireless network equipment to take advantage of growing demand for mobile data services. | Full Article US TOP NEWS Greek default jitters hammer French banks, euro September 12, 2011 03:02 PM ET PARIS (Reuters) - Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed. | Full Article Obama would pay for jobs plan with tax hikes September 12, 2011 04:35 PM ET WASHINGTON (Reuters) - President Barack Obama on Monday proposed paying for his jobs plan by eliminating $467 billion in tax breaks for wealthier Americans and corporations, meeting immediate resistance from Republicans in Congress. | Full Article Exclusive: Holiday shoppers to spend less September 12, 2011 02:09 PM ET NEW YORK (Reuters) - Most than a quarter of Americans expect to spend less during the holidays this year, a survey showed on Monday in an early sign that retailers will have to try harder to win shoppers in the biggest selling season of the year. | Full Article Analysis: Bernanke's shrinking gift to Wall Street September 12, 2011 01:36 PM ET NEW YORK (Reuters) - Wall Street could make $100 million from the Federal Reserve's next bond market maneuver, but that is considerably less than the gains from prior Fed actions. | Full Article Russia resists Syria sanctions, U.N. says 2,600 dead September 12, 2011 12:49 PM ET MOSCOW (Reuters) - Russia rejected on Monday Western calls for wider sanctions on Syria over its violent crackdown on protests against President Bashar al-Assad, in which the United Nations said 2,600 people have been killed. | Full Article HEALTH NEWS Malaria report sees near-zero deaths by end of 2015 Insulin spray aided memory in Alzheimer's study Analysis: Gene sequencers face govt budget squeeze Death industry reaps grim profit as Japan dies U.S. proposes direct patient access to lab tests RELATED VIDEO Home sellers turn to rental market Wall Street tumbles U.S. Week Ahead: Bankers brace for BofA cuts, closures 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 Smoking marijuana not linked to obesity: study Full Article Woman bites elderly man in "vampire" attack Baby suckles directly from cow for milk - 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