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Wednesday, March 9, 2011

DAI: Chip sector losses hit Nasdaq; IBM supports Dow

Reuters
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03/9/2011
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LATEST NEWS
Chip sector losses hit Nasdaq; IBM supports Dow
NEW YORK (Reuters) - A weak outlook from Texas Instruments weighed on the Nasdaq on Wednesday and pushed an index of chip makers below a key technical level in a worrisome sign for the market's six-month uptrend. | Full Article
Special Report: Warren Buffett's China car deal could backfire
March 09, 2011 11:48 AM ET
NEW YORK/DETROIT/HONG KONG (Reuters) - An ordinary American investor would probably not put money into a foreign electric car start-up suspected of openly copying competitors, let alone one whose franchised dealers occasionally put other companies' logos on its own vehicles. | Full Article
HCA IPO expected to price at $30, oversubscribed
March 09, 2011 04:19 PM ET
NEW YORK (Reuters) - Shares of private equity-backed HCA Holdings Inc, the biggest U.S. for-profit hospital chain, are expected to price at $30 in an oversubscribed initial public offering on Wednesday, sources with direct knowledge of the situation said. | Full Article
PIMCO Total Return dumps government-related debt
March 09, 2011 02:40 PM ET
NEW YORK (Reuters) - The world's largest bond fund dumped all of its U.S. government debt in the biggest signal yet of how negative investors have become about the U.S. Treasury market. | Full Article
Greed drove Rajaratnam's network: prosecutor
March 09, 2011 03:20 PM ET
NEW YORK (Reuters) - A U.S. prosecutor told a jury that greed drove hedge fund manager Raj Rajaratnam to establish a corrupt network of people to trade on inside information and make millions in illegal profits, as the trial got under way in the biggest Wall Street insider trading case in a generation. | Full Article
US TOP NEWS
Fierce fighting across Libya as government sends envoys
March 09, 2011 03:57 PM ET
TRIPOLI (Reuters) - A Libyan fighter said rebels had retaken the heart of the closest city to the capital from forces loyal to Muammar Gaddafi on Wednesday evening in some of the fiercest fighting in almost three weeks of clashes. | Full Article
China and Russia drive growth in world's billionaires
March 09, 2011 04:27 PM ET
NEW YORK (Reuters) - Rising steel and oil prices in Russia, more honest disclosure in Brazil and booming economies in China and India have fueled a spike in billionaires in the so-called BRIC countries. | Full Article
House panel to examine Muslim radicalization
March 09, 2011 10:55 AM ET
WASHINGTON (Reuters) - The House of Representatives will investigate radicalization in the American-Muslim community, sparking outrage that the probe is a witch hunt akin to the 1950s anti-Communist campaign. | Full Article
Americans see U.S. on wrong track: Reuters/Ipsos poll
March 09, 2011 01:46 PM ET
WASHINGTON (Reuters) - Americans' confidence in the way the country is going has slumped to a two-year low in the last month, and one pollster blamed soaring gas prices. | Full Article
Accused Tucson killer pleads innocent to new charges
March 09, 2011 04:09 PM ET
TUCSON, Ariz (Reuters) - Tucson shooting rampage suspect Jared Loughner pleaded not guilty on Wednesday to an expanded, 49-count indictment charging him with murdering a federal judge and trying to assassinate Congresswoman Gabrielle Giffords. | Full Article
HEALTH NEWS
Obama administration appeals healthcare ruling
Influential research misses financial conflicts
Limits on birth control pills may be costly
Curbing cholesterol may fight infections: study
UK to ban displays of cigarettes, tobacco in shops
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