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Tuesday, February 22, 2011

DAI: HP revenue below Street, trims sales outlook

Reuters
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02/22/2011
News Good evening Pan
LATEST NEWS
HP revenue below Street, trims sales outlook
SAN FRANCISCO (Reuters) - Hewlett-Packard Co reported smaller-than-expected revenue and lowered its 2011 sales projections as the company experienced weak demand for consumer personal computers. | Full Article
Wall St tumbles on Libyan turmoil
February 22, 2011 04:19 PM ET
NEW YORK (Reuters) - U.S. stocks ended sharply lower on Tuesday, with the S&P 500 losing 2.05 percent in its worst one-day percentage drop since August, as investors dumped stocks on turmoil in oil exporter Libya, in what could be the start of a long-anticipated pullback after a lengthy rally. | Full Article
Consumer confidence at 3-year high
February 22, 2011 04:31 PM ET
NEW YORK (Reuters) - American consumers are more confident than at any time in the last three years thanks to better prospects for the economy and jobs, even as separate data on Tuesday showed house prices were still falling. | Full Article
Wal-Mart says needs more time to fix U.S. missteps
February 22, 2011 01:32 PM ET
CHICAGO (Reuters) - Wal-Mart Stores Inc failed to meet its promise of reigniting sales at its U.S. stores and it is up to relatively new leaders to turn things around as they face increased pressure from dollar stores. | Full Article
Oil holds near 2-1/2 year highs on Libya revolt
February 22, 2011 02:35 PM ET
NEW YORK (Reuters) - Oil prices held firm near 2-1/2 year highs on Tuesday as the revolt in Libya disrupted more supplies, but there was no repeat of Monday's spike as both OPEC and the IEA said they could help meet any shortage. | Full Article
US TOP NEWS
Defiant Gaddafi vows to die as martyr
February 22, 2011 04:26 PM ET
TRIPOLI (Reuters) - A defiant Muammar Gaddafi vowed on Tuesday to die "a martyr" in Libya and said he would crush a revolt which has seen eastern regions break free from four decades of his rule. | Full Article
Citi tried to hand off Madoff exposure: lawsuit
February 22, 2011 03:03 PM ET
NEW YORK (Reuters) - Citigroup Inc tried to pass on its exposure to Bernard Madoff to other banks just months before his epic fraud was revealed, the Madoff trustee said in a lawsuit accusing a second major U.S. bank of unsavory dealings with the financier. | Full Article
At least 65 dead, scores missing after NZ quake
February 22, 2011 02:39 PM ET
CHRISTCHURCH (Reuters) - Rescue teams worked under floodlights in the early hours of Wednesday searching for scores of people trapped after an earthquake struck New Zealand's second biggest city, killing at least 65 people. | Full Article
Pirates kill four U.S. hostages near Somalia
February 22, 2011 03:37 PM ET
WASHINGTON (Reuters) - Pirates shot dead four U.S. hostages on a private yacht on Tuesday, the deadliest incident involving Americans kidnapped for ransom in the increasingly dangerous waters off Somalia. | Full Article
Wisconsin Assembly begins debate on union curbs
February 22, 2011 04:27 PM ET
MADISON, Wisconsin (Reuters) - The Wisconsin state Assembly on Tuesday opened debate on a Republican proposal to curb the power of public sector unions that has sparked mass demonstrations and a tense stand-off with Democrats. | Full Article
HEALTH NEWS
Supreme Court rules for vaccine makers on lawsuits
Cellphone calls alter brain activity: study
More unusual, fewer usual breaks with bone drugs
Allen Stanford moved to Butner prison hospital
Study sees no link between vitamin D, diabetes
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