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Monday, February 7, 2011

DAI: Stocks advance on M&A with further gains seen

Reuters
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02/7/2011
News Good evening Pan
LATEST NEWS
Stocks advance on M&A with further gains seen
NEW YORK (Reuters) - Merger activity drove the Dow and S&P to two-and-a-half-year highs on Monday in the latest in a series of mileposts that point to more gains ahead. | Full Article
Big U.S. banks face delayed bonuses
February 07, 2011 03:03 PM ET
WASHINGTON (Reuters) - U.S. regulators on Monday made their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe. | Full Article
Oil driller Ensco to buy rival Pride for $7.3 billion
February 07, 2011 04:35 PM ET
NEW YORK/SAN FRANCISCO (Reuters) - Ensco Plc plans to buy rival Pride International Inc for about $7.3 billion in a deal to create the world's second-largest offshore oil and gas driller and extend its reach into lucrative deepwater markets off Brazil and West Africa. | Full Article
Obama tries to woo business, assails "burdensome" tax
February 07, 2011 04:28 PM ET
WASHINGTON (Reuters) - President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking their help to tackle "burdensome" corporate taxes in a speech to a business group that has long been a fierce critic. | Full Article
Hyundai holds line on new dealers as sales rise
February 07, 2011 03:41 PM ET
SAN FRANCISCO (Reuters) - Hyundai Motor Co plans to keep the number of its U.S. dealers almost unchanged in 2011 even as it eyes a roughly 10 percent jump in sales, executives said on Monday. | Full Article
US TOP NEWS
Egypt's Brotherhood warns it could quit talks with government
February 07, 2011 04:09 PM ET
CAIRO (Reuters) - President Barack Obama said on Monday talks to resolve Egypt's crisis were making progress, but the main Islamist opposition in Cairo said it could quit the process if protesters' demands were not met. | Full Article
Geithner urged Brazil to lobby China on yuan: source
February 07, 2011 04:29 PM ET
BRASILIA (Reuters) - Treasury Secretary Timothy Geithner urged Brazilian officials on Monday to lobby China to let its currency appreciate, a Brazilian official with direct knowledge of the discussions told Reuters. | Full Article
WikiLeaks' founder Assange fights extradition to Sweden
February 07, 2011 01:15 PM ET
LONDON (Reuters) - WikiLeaks founder Julian Assange asked a British judge on Monday to block his extradition to Sweden on sex crime allegations, arguing he would not get a fair trial and could end up facing execution in the United States. | Full Article
Amtrak, senators announce NY-NJ rail tunnels plan
February 07, 2011 01:02 PM ET
NEW YORK (Reuters) - Amtrak announced plans on Monday for a $13.5 billion commuter rail project connecting New York City and New Jersey, reviving an idea rejected late last year by New Jersey Governor Chris Christie as too expensive. | Full Article
Danaher to buy Beckman Coulter for $5.8 billion
February 07, 2011 02:33 PM ET
NEW YORK (Reuters) - Danaher Corp has struck a deal to buy medical diagnostics company Beckman Coulter Inc for $5.8 billion in cash, its biggest bet yet on the medical technology business. | Full Article
HEALTH NEWS
Starting solid foods earlier linked to obesity risk
Radiation in heart procedures tied to cancer risk
Ethiopia, U.N. launch food appeal for 2.8 mln people
Being around heavy drinkers may take a health toll
Turkmen leader orders beauty contests for horses
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