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Wednesday, December 7, 2011

DAI: Wall St edges up with eyes on EU summit

Reuters
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12/7/2011
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LATEST NEWS
Wall St edges up with eyes on EU summit
NEW YORK (Reuters) - Hopes the euro zone will figure out a solution to its ongoing debt crisis inspired enough buying to push stocks to a third day of gains on Wednesday in light trading. | Full Article
Germany pours cold water on EU summit hopes
December 07, 2011 04:17 PM ET
PARIS/BERLIN (Reuters) - Pessimistic comments from EU paymaster Germany and new figures exposing deepening stress among Europe's banks dented financial market hopes of a turning point in the euro zone's debt crisis at a summit this week. | Full Article
Exclusive: D.Boerse, NYSE mull spin-off on EU demands
December 07, 2011 11:44 AM ET
FRANKFURT (Reuters) - Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust concerns about their $9 billion merger, two sources familiar with the Boerse's thinking said. | Full Article
BP faces more citations, Halliburton dispute
December 07, 2011 03:23 PM ET
WASHINGTON (Reuters) - BP was hit with five more safety citations from the U.S. government on Wednesday, while it also received the latest legal salvo from a major contractor, as it continues to deal with fallout from last year's massive oil blowout in the Gulf of Mexico. | Full Article
AstraZeneca slashes 1,150 U.S. sales jobs
December 07, 2011 02:10 PM ET
LONDON (Reuters) - AstraZeneca is cutting nearly a quarter of its U.S. sales force in a second wave of redundancies in as many months as it seeks to reduce costs. | Full Article
US TOP NEWS
Republican candidates rattle sabers against Iran
December 07, 2011 04:18 PM ET
WASHINGTON (Reuters) - Republican presidential candidates on Wednesday rattled sabers against Iran and accused President Barack Obama of being soft in his support for Israel as they vied for the backing of Jewish Republicans. | Full Article
Blagojevich sentenced to 14 years for corruption
December 07, 2011 04:28 PM ET
CHICAGO (Reuters) - Former Illinois Governor Rod Blagojevich on Wednesday was sentenced to 14 years in federal prison for political corruption including attempting to sell the U.S. Senate seat vacated by then president-elect Barack Obama. | Full Article
Deutsche CEO target of suspected parcel bomb: source
December 07, 2011 03:30 PM ET
(Reuters) - A suspected parcel bomb addressed to Deutsche Bank chief executive Josef Ackermann was intercepted at a Deutsche office in Frankfurt on Wednesday, a senior U.S. law enforcement official said. | Full Article
Boeing union members line up to vote on contract
December 07, 2011 02:55 PM ET
(Reuters) - Members of Boeing Co's biggest labor union began voting on Wednesday on a four-year contract extension, which if ratified could end the planemaker's dispute with the National Labor Relations Board and ensure the upcoming version of the best-selling 737 narrowbody will be built in Washington state. | Full Article
Assad says only "crazy" leaders kill own people
December 07, 2011 01:09 PM ET
BEIRUT (Reuters) - Syrian President Bashar al-Assad has denied ordering his troops to kill peaceful demonstrators, telling the U.S. television channel ABC that only a "crazy" leader kills his own people. | Full Article
HEALTH NEWS
Health officials keep limited access to Plan B morning-after pill
Taxes could fill AIDS funding crunch: U.N.
Study shows some cereals pack more sugar than cookies
Some men can delay prostate cancer treatment: panel
Quicker radiation therapy doubles mastectomy risk
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