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Wednesday, February 9, 2011

DAI: Dow posts eighth day of gains

Reuters
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02/9/2011
News Good evening Pan
LATEST NEWS
Dow posts eighth day of gains
NEW YORK (Reuters) - Investors took profits on recent gains in U.S. stocks on Wednesday, but a last-minute rise in Bank of America helped lift the Dow to its eighth straight day of gains. | Full Article
Cisco sales beat Street despite competition fears
February 09, 2011 04:19 PM ET
NEW YORK (Reuters) - Network equipment maker Cisco Systems Inc's quarterly results beat expectations, despite concerns about increasing competition and budget cuts among its debt-burdened clients in the public sector. | Full Article
Deutsche in talks to buy NYSE in major shakeup
February 09, 2011 03:47 PM ET
NEW YORK/FRANKFURT (Reuters) - Germany's Deutsche Boerse is in advanced talks to buy NYSE Euronext to create the world's largest trading powerhouse, marking the second major transatlantic deal in 24 hours in a massive shake-up of an industry under pressure from upstart rivals. | Full Article
Bernanke says job growth, inflation still too low
February 09, 2011 04:23 PM ET
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday suggested U.S. economic conditions are still too weak for the central bank to pull back on its vast monetary stimulus, despite a welcome drop in the jobless rate. | Full Article
JPMorgan fires back in $6.4 billion Madoff lawsuit
February 09, 2011 03:01 PM ET
NEW YORK (Reuters) - JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end run around the law in pursuing his case, and said it has a right to a jury trial. | Full Article
US TOP NEWS
U.S. and Egypt square off over protesters' demands
February 09, 2011 04:26 PM ET
CAIRO (Reuters) - The government of embattled Egyptian President Hosni Mubarak hit back on Wednesday at what it called U.S. attempts to "impose" American will on a loyal Middle East ally, saying rapid reforms would be too risky. | Full Article
Wounded Rep. Gabrielle Giffords speaking again: media
February 09, 2011 03:12 PM ET
HOUSTON (Reuters) - Congresswoman Gabrielle Giffords has begun to regain her speech a month after being shot in the head in an assassination attempt, media organizations reported on Wednesday. | Full Article
U.S. public cautious on Middle East democracy: poll
February 09, 2011 02:32 PM ET
WASHINGTON (Reuters) - A majority of Americans believe the United States should be cautious about backing democracy in the Middle East because elections could lead to anti-U.S. Islamist governments, a Reuters/Ipsos poll released on Wednesday said. | Full Article
SEC gives credit ratings the cold shoulder
February 09, 2011 03:03 PM ET
WASHINGTON (Reuters) - U.S. securities regulators moved to scale back market reliance on credit rating agencies, after the financial crisis laid bare the industry's shortcomings. | Full Article
Lawmakers pound public pensions, fear bailouts
February 09, 2011 01:48 PM ET
WASHINGTON (Reuters) - A top Republican lawmaker swore off any bailout of U.S. state and city governments on Wednesday, turning up the heat on states to fix chronically underfunded pensions and persistent budget problems. | Full Article
HEALTH NEWS
Lymph node removal not needed for some breast cancer
U.S. scientists recreate heart defect in a lab dish
Weight, race tied to fertility treatment success
Fruit salad and blood sugar meters don't mix
Stigma hampers Afghan fight against AIDS
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