Τρίτη, 13 Σεπτεμβρίου 2011

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




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09/12/2011
News 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
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