DAI: S&P rises, doubles its 2009 low

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	02/16/2011
Good evening Pan LATEST NEWS S&P rises, doubles its 2009 low NEW YORK (Reuters) - The S&P 500 rose on Wednesday to twice its value from just two years ago, a bounce whose vigor has not been seen since the Great Depression. | Full Article Fed more confident in recovery, unhappy on jobs February 16, 2011 03:00 PM ET WASHINGTON (Reuters) - U.S. Federal Reserve officials raised their forecasts for economic growth last month, but remained unhappy with the job market's recovery, according to minutes of their meeting released on Wednesday. | Full Article Producer prices up, inflation still seen muted February 16, 2011 04:34 PM ET WASHINGTON (Reuters) - Core wholesale prices rose in January at their fastest rate in more than two years, raising some concerns about inflation, but economists said the recovery was too weak for a big spike in consumer prices. | Full Article Borders files for bankruptcy, to close 200 stores February 16, 2011 03:53 PM ET NEW YORK/WILMINGTON, Delaware (Reuters) - Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores, after years of shriveling sales that made it impossible to manage its crushing debt load. | Full Article Family Dollar bid sparks rally in discount stores February 16, 2011 12:29 PM ET NEW YORK (Reuters) - Billionaire investor Nelson Peltz's bid for Family Dollar Stores Inc underscores growing investor appetite for retailers targeting low-income Americans in a slow economic rebound and has sparked a rally in shares of rivals. | Full Article US TOP NEWS Sanofi to buy Genzyme for more than $20 billion February 16, 2011 04:24 PM ET PARIS (Reuters) - French drugmaker Sanofi-Aventis SA clinched its long-sought deal for Genzyme Corp with a sweetened $20.1 billion cash offer, plus payments tied to the success of the U.S. biotech group's drugs. | Full Article Egypt military rulers face Iran warship passage February 16, 2011 04:06 PM ET CAIRO (Reuters) - Egypt's new military rulers faced their first unwelcome diplomatic exposure on Wednesday as Israel reported that two Iranian warships were approaching the Suez Canal to pass through for the first time since 1979. | Full Article Israel says Iran warships to transit Suez for Syria February 16, 2011 03:36 PM ET JERUSALEM (Reuters) - Two Iranian warships planned to sail through the Suez Canal en route to Syria on Wednesday, Israel's foreign minister said, calling it a "provocation," but the vessels were seen as posing no serious military threat. | Full Article Mexico drug gang suspected in U.S. agents' shooting February 16, 2011 02:23 PM ET SAN LUIS POTOSI, Mexico (Reuters) - Mexican drug gang hitmen were behind the shooting of two U.S. immigration and customs agents, the governor of the state where the men were attacked said on Wednesday. | Full Article House ignores Obama spending veto threat February 16, 2011 01:28 PM ET WASHINGTON (Reuters) - Republicans in the Congress on Wednesday pressed ahead with legislation to immediately slice $61 billion from domestic programs, but so far showed little appetite for paring one of the biggest chunks of the budget -- military spending. | Full Article HEALTH NEWS Zinc will help your cold, at least a little Report urges focus on drugs for neglected diseases Expectations can cancel out benefit of pain drugs No birth defect risk seen with malaria drug Group calls for FDA ban of soda 'caramel' RELATED VIDEO Bankruptcy for Borders Daimler earnings disappoint Bundesbank gets new chief 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 Putin criticizes Customs' YouTube video Full Article Leader stuns voters with robocalls Athlete cleared of drunk-driving after flap over cat New York City launches app for free condoms Zoo prepares cross-eyed cat for celebrity Up for sale, the dress that "won" a prince's heart - 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