Fwd: DAI: Wall Street ends biggest 3-day surge in three months

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	06/29/2011
Good evening John LATEST NEWS Wall Street ends biggest 3-day surge in three months NEW YORK (Reuters) - Wall Street closed its best three-day run in the past three months on Wednesday after the Greek parliament approved austerity measures to avoid defaulting on its debt. | Full Article LSE, TMX abort merger plans, leaving both in play June 29, 2011 03:40 PM ET TORONTO/LONDON (Reuters) - The London and Toronto stock exchanges abandoned plans for a C$3.6 billion ($3.7 billion) tie-up on Wednesday, leaving both in play in a world already facing a wave of exchange consolidation. | Full Article Pending home sales rise but recovery still distant June 29, 2011 02:45 PM ET WASHINGTON (Reuters) - Pending sales of existing homes rebounded from a seven-month low in May but demand for mortgages sank last week and the market is still struggling under the weight of a glut of unsold properties. | Full Article Bank of America expects loss after settlement June 29, 2011 03:42 PM ET CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America Corp said it expects to take more than $20 billion of charges after settling with mortgage bond investors, resulting in a second-quarter loss. | Full Article U.S. must hike debt limit soon to avoid "shock": IMF June 29, 2011 01:11 PM ET WASHINGTON (Reuters) - The International Monetary Fund on Wednesday pressed U.S. lawmakers to quickly lift the government's borrowing limit to avoid a "severe shock" to global markets and a still-fragile economic recovery. | Full Article US TOP NEWS Exclusive: S&P to deeply cut U.S. ratings if debt payment missed June 29, 2011 02:32 PM ET NEW YORK (Reuters) - The United States would immediately have its top-notch credit rating slashed to "selective default" if it misses a debt payment on August 4, Standard & Poor's managing director John Chambers told Reuters. | Full Article Amid debt talks, Obama calls for stimulus June 29, 2011 03:28 PM ET WASHINGTON (Reuters) - President Barack Obama called on Wednesday for new measures to spur hiring that are likely to further complicate talks with Republicans to bring the country's spiraling debt under control. | Full Article New settlement push in CFTC oil manipulation case June 29, 2011 12:21 PM ET NEW YORK (Reuters) - One of the biggest oil market manipulation cases undertaken by regulators is entering a new phase in which a judge will mediate settlement talks, three years after the case was launched. | Full Article FDA panel rejects Avastin for breast cancer use June 29, 2011 04:21 PM ET SILVER SPRING, Maryland (Reuters) - Health advisers delivered a blow to Roche Holding on Wednesday, voting to reject the use of Roche Holding drug Avastin for breast cancer while the Swiss drugmaker conducts more studies. | Full Article BofA settles on mortgage repurchase claims June 29, 2011 08:17 AM ET (Reuters) - Bank of America Corp settled nearly all of the claims related to the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure for $8.5 billion in cash . | Full Article HEALTH NEWS Old osteoporosis drug may help in killing flu viruses Appeals court backs healthcare law, win for Obama Harlem barbershops, salons double as health clinics Drugmakers angle for advantage in treating diabetes Doctors encourage mammograms in dying patients RELATED VIDEO Chaos in Athens following austerity vote Obama calls for action on U.S. debt Obama talks debt, Libya, Afghanistan 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 Video catches Russian president in driving gaffe Full Article "Ladyboy" pictures confuse election officials? Golf courses out of bounds for sumo wrestlers Woman sprays police with breast milk Country bans night travel to end road carnage Russian scientists expect to meet aliens by 2031 - 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