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Thursday, January 27, 2011

DAI: Tech earnings keep Wall Street advance alive

Reuters
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01/27/2011
News Good evening Pan
LATEST NEWS
Tech earnings keep Wall Street advance alive
NEW YORK (Reuters) - Strong corporate earnings led Wall Street to a 29-month closing high for a second day on Thursday, but another run of big gains may be harder to achieve. | Full Article
Microsoft profit falls as PC sales sputter
January 27, 2011 04:02 PM ET
SEATTLE (Reuters) - Microsoft Corp's quarterly profit fell slightly as the world's largest software maker was hit by slower-than expected growth in computer sales. | Full Article
Mixed data points to growth momentum
January 27, 2011 02:06 PM ET
WASHINGTON (Reuters) - U.S. housing and factory data on Thursday showed the economy still gaining strength in December but at a pace unlikely to cause the Federal Reserve to rethink its stimulus program. | Full Article
Amazon revenue misses, shares plunge
January 27, 2011 04:27 PM ET
SAN FRANCISCO (Reuters) - Amazon.com posted quarterly revenue that fell short of analysts' estimates on Thursday and its shares fell almost 10 percent. | Full Article
Netflix resumes tear; defies too-rich label
January 27, 2011 02:22 PM ET
NEW YORK (Reuters) - Netflix Inc shares soared 15 percent on Thursday as another round of strong quarterly results shelved any short-term worries about an overheated stock price or competition from powerhouses such as Amazon.com Inc. | Full Article
US TOP NEWS
ElBaradei returns to Egypt on third day of clashes
January 27, 2011 03:36 PM ET
CAIRO (Reuters) - Police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei arrived back in the country to join a major demonstration on Friday to try to oust President Hosni Mubarak. | Full Article
S&P cuts Japan sovereign rating
January 27, 2011 12:16 PM ET
TOKYO (Reuters) - Standard & Poor's cut Japan's credit rating on Thursday for the first time since 2002, saying Tokyo had no plan to deal with its mounting debt, a warning that could rattle other heavily indebted rich countries. | Full Article
Snow hits Northeast, New York vows to improve clean-up
January 27, 2011 04:29 PM ET
NEW YORK (Reuters) - The Northeast dug out of yet another winter storm on Thursday that pummeled the region with unexpectedly heavy snowfall, making January the snowiest month in New York in more than 85 years. | Full Article
GM drops U.S. loan application after turnaround
January 27, 2011 02:26 PM ET
WASHINGTON (Reuters) - General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles on its own. | Full Article
Bernanke: all but one major firm at risk in 2008
January 27, 2011 03:35 PM ET
WASHINGTON (Reuters) - Twelve of the 13 most important U.S. financial firms were at the brink of failure at the height of the credit crisis in 2008, according to previously undisclosed remarks made by Federal Reserve Chairman Ben Bernanke in November 2009 to an investigative panel. | Full Article
HEALTH NEWS
Defibrillators useful in public, less so at home
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In Amsterdam, gay men have more risky sex
Breast implants may be linked to rare cancer: FDA
Gene study shows way to help save orangutans
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