Fwd: DAI: U.S. and EU upbeat debt news fuels rally

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	07/21/2011
Good evening John LATEST NEWS U.S. and EU upbeat debt news fuels rally NEW YORK (Reuters) - Stocks climbed on Thursday as signs of progress on the U.S. debt talks and concrete action from Europe on its own debt crisis heartened investors. | Full Article Microsoft profit up, Windows lag July 21, 2011 04:29 PM ET SEATTLE (Reuters) - Microsoft Corp reported a greater-than-expected 30 percent increase in fiscal fourth-quarter profit on Thursday, helped by sales of its Office software, but profit from its core Windows product fell on soft personal computer sales. | Full Article S&P says 50-50 chance of U.S. downgrade July 21, 2011 02:55 PM ET NEW YORK (Reuters) - Standard & Poor's reiterated on Thursday it sees a real risk that future U.S. government deficits may meaningfully miss discussed targets and that there is a 50-50 chance the U.S. AAA credit rating could be cut within three months, perhaps as soon as August. | Full Article Geithner gave Fed official waiver on AIG holdings July 21, 2011 03:24 PM ET WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner, while head of the New York Federal Reserve Bank, granted a waiver that allowed a senior New York Fed official to hold on to investments in firms getting emergency help, a congressional watchdog agency said on Thursday. | Full Article Exclusive: Paulson says bets were too aggressive July 21, 2011 03:50 PM ET NEW YORK (Reuters) - A humbled John Paulson told investors on Thursday he was "too aggressive" with some of the stock bets in his flagship funds and he is trimming back some of his riskiest holdings. | Full Article US TOP NEWS Europe agrees sweeping new powers for rescue fund July 21, 2011 04:27 PM ET BRUSSELS (Reuters) - Euro zone leaders agreed at an emergency summit on Thursday to give their financial rescue fund sweeping new powers to help Greece overcome its debt crisis and prevent market instability from spreading through the region. | Full Article Regional factories rebound, jobless claims up July 21, 2011 12:43 PM ET WASHINGTON (Reuters) - Factory activity in the Mid-Atlantic region bounced back in July, lifting hopes of a pick-up in economic growth in the third quarter. | Full Article Express Scripts to buy Medco for $29 billion July 21, 2011 03:46 PM ET NEW YORK (Reuters) - Express Scripts Inc will buy rival Medco Health Solutions Inc for $29.1 billion, creating a U.S. powerhouse in managing prescription drug benefits that is sure to draw antitrust scrutiny. | Full Article Massive heat wave spreads across United States July 21, 2011 02:28 PM ET NEW YORK (Reuters) - Crowds flocked to waterfronts and swimming pools on the East Coast and in the Midwest on Thursday to try to cope with a massive heat wave that has killed at least 22 people this week. | Full Article James Murdoch denies "mistaken" evidence to UK July 21, 2011 03:48 PM ET LONDON (Reuters) - News Corp's James Murdoch on Thursday denied a statement from former employees of a British newspaper at the center of a phone-hacking scandal that has rocked his father's media empire he had given "mistaken" evidence to British lawmakers this week. | Full Article HEALTH NEWS Going into hospital far riskier than flying: WHO Lung problems found in Iraq, Afghanistan veterans After tour, Reservists' mental health may suffer Authors retract study on genetics of old age Family group sues New York City schools over light fixtures RELATED VIDEO EU Summit: Have EU leaders done enough to stop contagion? Positive surprise at Morgan Stanley Mixed results from telecom giants 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 Fake Apple Store even fools staff Full Article Hotel snore controls aim to banish sleepless nights Smackdown? Humble Pie? Not in Murdoch's NY Post Dog bites shark and goes viral Curiosity seekers in U.S. pay to spend night in jail Men who buy sex commit more crimes, U.S. study finds - 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