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Monday, January 24, 2011

DAI: Wall Street gains on renewed earnings optimism

Reuters
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01/24/2011
News Good evening Pan
LATEST NEWS
Wall Street gains on renewed earnings optimism
NEW YORK (Reuters) - Wall Street resumed its rally on Monday, led by natural resources and tech shares as investors saw stocks regaining momentum lost late last week. | Full Article
American Express 4th-quarter revenue rises 13 percent
January 24, 2011 04:26 PM ET
NEW YORK (Reuters) - American Express Co said fourth-quarter revenue grew 13 percent from a year earlier, as consumer spending increased and the company earned more from fees. | Full Article
Treasury's toxic asset funds gain 27 percent
January 24, 2011 08:39 AM ET
WASHINGTON (Reuters) - The U.S. Treasury's toxic asset funds have gained 27 percent since they were created to help revive the mortgage-backed securities market, according to data expected to be released later on Monday. | Full Article
Intel boosts buyback funds as shares underperform
January 24, 2011 02:19 PM ET
SAN FRANCISCO (Reuters) - Intel Corp authorized another $10 billion to buy back its shares, which have been under pressure in recent months from concerns that the giant chipmaker is falling behind in the exploding mobile market. | Full Article
McDonald's likely to raise prices in 2011
January 24, 2011 01:38 PM ET
LOS ANGELES (Reuters) - McDonald's Corp said it would selectively increase menu prices this year to help offset an expected rise in its own grocery bill for the 10 commodities that account for around 75 percent of its food preparation costs. | Full Article
US TOP NEWS
Suicide bomber kills 35 at Russia's biggest airport
January 24, 2011 04:23 PM ET
MOSCOW (Reuters) - A suicide bomber killed at least 35 people at Russia's busiest airport on Monday, state TV said, in an attack on the capital that bore the hallmarks of militants fighting for an Islamist state in the North Caucasus region. | Full Article
Clash over spending looms with Obama speech
January 24, 2011 03:34 PM ET
WASHINGTON (Reuters) - Democrats and Republicans are gearing up for a clash over what is likely to be a central theme of President Barack Obama's address to Congress on Tuesday: deficit reduction and spending cuts. | Full Article
Tucson shooting spree suspect Loughner pleads not guilty
January 24, 2011 03:42 PM ET
PHOENIX (Reuters) - Tucson shooting rampage suspect Jared Lee Loughner pleaded not guilty on Monday to federal charges of attempting to assassinate Representative Gabrielle Giffords and attempting to murder two of her staff members. | Full Article
Leaks show Palestinians giving much ground to Israel
January 24, 2011 12:35 PM ET
JERUSALEM (Reuters) - Palestinian negotiators secretly told Israel it could keep swathes of occupied East Jerusalem, according to leaked documents that show Palestinians offering much bigger peace concessions than previously revealed. | Full Article
Court tosses Emanuel off Chicago mayoral ballot
January 24, 2011 03:53 PM ET
CHICAGO (Reuters) - An Illinois state appeals court on Monday threw the Chicago mayor's race into turmoil by ruling that front-runner and former White House chief of staff Rahm Emanuel did not qualify for the February ballot. | Full Article
HEALTH NEWS
Heart disease costs to triple in U.S. by 2030: report
Going digital may not improve U.S. patient care
Blocking "rogue gene" may stop cancer spread: study
Anti-estrogens linked to fewer lung cancer deaths
Group helps Justice Dept in heart device probe
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