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Friday, March 25, 2011

DAI: Oracle drives Wall Street higher; volume stays weak

Reuters
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03/25/2011
News Good evening Pan
LATEST NEWS
Oracle drives Wall Street higher; volume stays weak
NEW YORK (Reuters) - Wall Street advanced for a third straight day on Friday, giving the S&P its best weekly performance since early February, but volume remained light as global uncertainty persisted. | Full Article
U.S. bumps up Q4 growth, seen slowing in early 2011
March 25, 2011 03:29 PM ET
WASHINGTON (Reuters) - The U.S. economy grew more quickly than previously thought in the fourth quarter, the government said on Friday, but signs of softer consumer and business spending may slow its momentum in early 2011. | Full Article
Fed unlikely to extend QE2: officials
March 25, 2011 01:40 PM ET
NEW YORK, March 25 - With the economy on firmer footing the Federal Reserve Bank is unlikely to extend its bond-buying stimulus program beyond a planned $600 billion, several top Fed officials said on Friday. | Full Article
Fed hawk Hoenig to step down October 1
March 25, 2011 01:37 PM ET
WASHINGTON (Reuters) - Thomas Hoenig, one of the most outspoken anti-inflation hawks among senior Federal Reserve officials, will step down as president of the Kansas City Fed October 1, the bank said on Friday. | Full Article
Russia's Rosneft to push ahead with BP Arctic pact
March 25, 2011 02:55 PM ET
LONDON/MOSCOW (Reuters) - Russia's Rosneft vowed to push ahead with a strategic alliance with BP , despite a block on the deal by the British oil company's partners in joint venture TNK-BP . | Full Article
US TOP NEWS
West strikes Libya forces, NATO sees 90-day campaign
March 25, 2011 03:54 PM ET
TRIPOLI (Reuters) - Western warplanes bombed Muammar Gaddafi's tanks and artillery in eastern Libya on Friday to try to break a battlefield stalemate and help rebels take the strategic town of Ajdabiyah. | Full Article
High radiation levels at Japanese plant raise new worry
March 25, 2011 03:21 PM ET
TOKYO (Reuters) - Highly radioactive water has been found at a second reactor at a crippled nuclear power station in Japan, the plant's operator said, as fears of contamination escalated two weeks after a huge earthquake and tsunami battered the complex. | Full Article
Protests spread against Assad rule in Syria
March 25, 2011 04:02 PM ET
DAMASCUS/DERAA, Syria (Reuters) - Protests spread across Syria Friday, challenging the rule of the Assad family after their forces killed dozens of demonstrators in the south. | Full Article
EU agrees crisis package, Portugal clouds summit
March 25, 2011 04:01 PM ET
BRUSSELS (Reuters) - European leaders agreed a new package of anti-crisis measures at a two-day summit, but were forced to delay increasing their rescue fund and acknowledged they faced new threats from a government collapse in Portugal. | Full Article
Yemen's Saleh says wants to put power in safe hands
March 25, 2011 03:53 PM ET
SANAA (Reuters) - President Ali Abdullah Saleh said on Friday he was ready to cede power to stop more bloodshed in Yemen, but only to what he called "safe hands" as tens of thousands rallied against him in "Day of Departure" protests. | Full Article
HEALTH NEWS
Legal spat over Campbell Soup still simmering
U.S. asks if food dyes make kids hyperactive
Radiation fears mount again in Japan after plant workers injured
FDA approves Bristol-Myers melanoma drug
What are restrictions on Japanese food imports?
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