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Thursday, November 24, 2011

Before the Bell: German bonds fall; stocks, euro vulnerable

Reuters
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11/24/2011
News Good Morning
LATEST NEWS
German bonds fall; stocks, euro vulnerable
LONDON (Reuters) - German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows Thursday, a day after a weak debt sale in Berlin fanned fears the euro zone debt crisis is starting to threaten its biggest > falling 115 ticks on the day to 134.66, the lowest since October 31. | Full Article
Sarkozy to press Merkel on ECB after bond fiasco
November 24, 2011 07:16 AM ET
STRASBOURG, France (Reuters) - France pressed Germany on Thursday to let the European Central Bank act decisively to halt a stampede out of euro zone government bond markets that has raised doubts about the survival of the single currency. | Full Article
AT&T, T-Mobile deal hopes crumble
November 24, 2011 07:11 AM ET
FRANKFURT/LONDON (Reuters) - Prospects for the $39 billion sale of Deutsche Telekom's T-Mobile USA unit to AT&T darkened after the U.S. telecoms giant said it would take a $4 billion charge in case of failure and the pair gave up on one avenue of regulatory approval. | Full Article
KKR-led group has deal to buy Samson for $7.2 billion
November 24, 2011 02:45 AM ET
(Reuters) - A consortium led by private equity firm KKR & Co clinched a deal to buy oil and gas group Samson Investment Co for $7.2 billion, KKR said on Wednesday. | Full Article
Dexia using emergency liquidity facilities: source
November 24, 2011 07:32 AM ET
BRUSSELS (Reuters) - Franco-Belgian bank Dexia is accessing emergency liquidity facilities in Belgium, France, Spain and Italy, a banking source said on Thursday, as analysts described its liquidity situation as "very dramatic." | Full Article
US TOP NEWS
Truce quiets Cairo streets, army says no delay to vote
November 24, 2011 07:36 AM ET
CAIRO (Reuters) - A truce between Egyptian riot police and protesters succeeded on Thursday in calming violence that has killed 39 people in five days, and the army said there would be no delay to a parliamentary vote scheduled for next week. | Full Article
Thanksgiving kicks off fight for holiday sales
November 24, 2011 12:46 AM ET
(Reuters) - The holiday shopping season starts in earnest on Thursday, with retailers anxious to see if U.S. consumers are willing to spend despite an endless stream of scary headlines about the fragile economy and their own precarious finances. | Full Article
Fitch cuts Portugal rating to junk status
November 24, 2011 07:08 AM ET
LISBON (Reuters) - Rating agency Fitch downgraded Portugal's rating to junk status on Thursday, citing large fiscal imbalances, high debts and the risks to its EU-mandated austerity program from a worsening economic outlook. | Full Article
France seeks Arab backing for Syria intervention
November 24, 2011 07:50 AM ET
CAIRO/PARIS (Reuters) - France will seek Arab support on Thursday for a humanitarian corridor in Syria, the first time a major power has swung behind international intervention in the eight-month uprising against President Bashar al-Assad. | Full Article
Yemen's Saleh signs deal to give up power
November 24, 2011 05:24 AM ET
RIYADH (Reuters) - Yemeni President Ali Abdullah Saleh signed a deal on Wednesday under which he will step down after 33 years in power and 10 months of protests against his rule that brought the country to the brink of civil war. | Full Article
HEALTH NEWS
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Oral cancer deaths declining among well-educated
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