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Thursday, January 12, 2012

DAI: Wall Street ekes out gains for fourth day

Reuters
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01/12/2012
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LATEST NEWS
Wall Street ekes out gains for fourth day
NEW YORK (Reuters) - The S&P 500 closed at a five-month high for the third day on Thursday but had difficulty extending gains in the face of lackluster economic data and another European bond market test. | Full Article
Potential suitors circle American Airlines: sources
January 12, 2012 03:26 PM ET
(Reuters) - US Airways Group and private equity firm TPG Capital are among several parties interested in potential bids for AMR Corp , the bankrupt parent of American Airlines, people familiar with the matter told Reuters. | Full Article
ECB sees "substantial" effect from cheap money
January 12, 2012 04:25 PM ET
FRANKFURT (Reuters) - The European Central Bank's flood of cheap three-year money is helping the euro zone's banking system substantially and supporting confidence in the bloc's economy which is showing some signs of stabilization, its president said on Thursday. | Full Article
Insight: SEC tightens leash on exchanges post "flash crash"
January 12, 2012 02:53 PM ET
NEW YORK/WASHINGTON (Reuters) - The May 2010 "flash crash" was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster. | Full Article
Hedge funds hunker down for Greek debt standoff
January 12, 2012 04:08 PM ET
LONDON (Reuters) - Hedge funds are positioning to profit from a plan to slash Greece's towering debt pile as Athens enters final talks that could sway the country's membership of the euro. | Full Article
US TOP NEWS
In South Carolina, Romney defends record at equity firm Bain
January 12, 2012 04:26 PM ET
GREER, South Carolina (Reuters) - Republican front-runner Mitt Romney defended his leadership on Thursday of a private equity firm at the center of a raging campaign battle in South Carolina over whether while its chief executive he was a job killer. | Full Article
Retail sales weak, jobless claims up
January 12, 2012 01:51 PM ET
WASHINGTON (Reuters) - U.S. retail sales rose at the weakest pace in seven months in December and first-time claims for jobless benefits moved higher last week, signs the economic recovery is shaky despite a recent pick-up in growth. | Full Article
Taliban say Marine abuse tape won't hurt Afghanistan talks
January 12, 2012 04:34 PM ET
KABUL (Reuters) - A video showing what appear to be American forces urinating on dead Taliban fighters prompted anger in Afghanistan and promises of a U.S. investigation on Thursday, but the insurgent group said it would not harm nascent efforts to broker peace talks. | Full Article
Obama formally requests debt limit increase
January 12, 2012 03:53 PM ET
WASHINGTON (Reuters) - President Barack Obama on Thursday issued a formal request to the U.S. Congress for the next increase in the national debt ceiling. | Full Article
Iran embargo gathers support in Asia and Europe
January 12, 2012 04:27 PM ET
TEHRAN (Reuters) - U.S. allies in Asia and Europe voiced support on Thursday for Washington's drive to cut Iran's oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear program. | Full Article
HEALTH NEWS
Red wine-heart research slammed with fraud charges
Rip Roarin' Crab Soup recalled over allergy worries
Sugary soda ups risky fat deposits
Murder knocked off list of top U.S. killers: CDC
Analysis: India's polio victory fuels endgame vaccine
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