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Thursday, January 26, 2012

DAI: January rally interrupted as buyers pull back

Reuters
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01/26/2012
News Good Evening
LATEST NEWS
January rally interrupted as buyers pull back
NEW YORK (Reuters) - A month-long rally on Wall Street appears to be sputtering as stocks slipped on Thursday in what investors called a possible warning of weakness ahead. | Full Article
Caterpillar profit jumps 58 percent
January 26, 2012 02:54 PM ET
(Reuters) - Caterpillar Inc reported a 58 percent rise in quarterly earnings that blew away Wall Street expectations on record sales of construction and mining equipment, and projected strong growth for 2012. | Full Article
AT&T reports $6.7 billion loss on hefty charges, iPhone costs
January 26, 2012 12:20 PM ET
(Reuters) - AT&T Inc posted a $6.7 billion quarterly loss as it was weighed down by a hefty break-up fee for its failed T-Mobile USA merger and other big charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone. | Full Article
Starbucks posts profit beat, sales jump
January 26, 2012 04:14 PM ET
(Reuters) - Starbucks Corp's reported a quarterly profit that topped Wall Street's view after global economic worries failed to weaken demand for drinks and other products from the world's biggest coffee chain. | Full Article
Insight: How Allen Stanford kept the SEC at bay
January 26, 2012 04:33 PM ET
(Reuters) - In 2009, federal investigators finally arrested Houston financier R. Allen Stanford. For twenty years, Stanford allegedly had run a $7 billion Ponzi scheme from his offshore bank on the Caribbean island of Antigua. U.S. authorities had been nosing around Stanford's empire for longer than a decade but hesitated to open a full-blown probe. | Full Article
US TOP NEWS
Bernanke has "finger on trigger" for new bond buys
January 26, 2012 09:03 AM ET
CHICAGO/NEW YORK (Reuters) - The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy. | Full Article
Exclusive: Chevron to face criminal charges over Brazil spill
January 26, 2012 04:28 PM ET
CAMPOS, Brazil (Reuters) - A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill. | Full Article
Gingrich, Romney play for cheers in Florida debate
January 26, 2012 03:08 PM ET
JACKSONVILLE, Florida (Reuters) - This time, the cheering will be back. | Full Article
ECB role under scrutiny as Greek debt talks resume
January 26, 2012 03:32 PM ET
ATHENS (Reuters) - Greece's tortuous negotiations over a debt swap with private creditors honed in on Thursday on demands that the European Central Bank contribute to a deal to bring Athens' messy finances back on track. | Full Article
Corruption scandal shakes Vatican as internal letters leaked
January 26, 2012 03:20 PM ET
VATICAN CITY (Reuters) - The Vatican was shaken by a corruption scandal Thursday after an Italian television investigation said a former top official had been transferred against his will after complaining about irregularities in awarding contracts. | Full Article
HEALTH NEWS
French breast implant boss arrested
Bill Gates injects $750 million into troubled AIDS fund
Spike in deaths blamed on 2003 NYC power outage
Medication helps some with mild depression
Study finds early signs of autism in baby brains
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