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Tuesday, January 3, 2012

DAI: Wall Street ends first day of 2012 with gains

Reuters
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01/3/2012
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LATEST NEWS
Wall Street ends first day of 2012 with gains
NEW YORK (Reuters) - Investors, hoping for something better than 2011's flat stock market, pushed shares higher on Tuesday to begin the new year, though questions remain about whether a rally can be sustained. | Full Article
Manufacturing index hits six-month high
January 03, 2012 02:53 PM ET
NEW YORK (Reuters) - Manufacturing grew at its fastest pace in six months in December, capping a late-year upswing, but a European slump and rising oil prices posed threats to the U.S. economy in the new year. | Full Article
Fed to publish rate path forecasts in new transparency move
January 03, 2012 03:35 PM ET
WASHINGTON (Reuters) - The Federal Reserve on Tuesday said it would begin publishing forecasts on the path of interest rates later this month, a move that could suggest rates will be on hold for longer than previously expected. | Full Article
RIM close to stripping CEOs of chairmanship: report
January 03, 2012 03:54 PM ET
TORONTO (Reuters) - Research In Motion is close to a decision on stripping its co-chief executives of their other shared role as chairman of the board, a newspaper said on Tuesday, a change that could meet a key demand from angry and disillusioned investors. | Full Article
Same-store sales seen up 3.4 percent in December
January 03, 2012 04:08 PM ET
(Reuters) - When top U.S. retailers post their December sales this week, Wall Street analysts expect them to report a healthy end to the holiday season, helped by discounts, improved consumer sentiment and tactics such as extended hours and layaways. | Full Article
US TOP NEWS
Republican rivals face first test of 2012 in Iowa
January 03, 2012 04:13 PM ET
DES MOINES, Iowa (Reuters) - Republican candidates criss-crossed Iowa making late appeals to voters, with polls giving at least three - Mitt Romney, Rick Santorum and Ron Paul - a shot at winning the first contest of the 2012 presidential campaign on Tuesday. | Full Article
Iran threatens U.S. Navy as sanctions hit economy
January 03, 2012 12:56 PM ET
TEHRAN (Reuters) - Iran threatened on Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of saber-rattling as new U.S. and EU financial sanctions take a toll on its economy. | Full Article
Syrian rebel leader threatens to escalate attacks
January 03, 2012 03:59 PM ET
BEIRUT (Reuters) - The commander of Syria's armed rebels threatened on Tuesday to step up attacks on President Bashar al-Assad's forces, saying he was frustrated with Arab League monitors' lack of progress in ending a government crackdown on protests. | Full Article
Panetta to unveil review to guide defense cuts
January 03, 2012 04:25 PM ET
WASHINGTON (Reuters) - Defense Secretary Leon Panetta will this week unveil the results of a strategic review of security interests which will guide billions of dollars in military spending cuts over the next decade, officials said on Tuesday. | Full Article
JPMorgan sued for $95 million over mortgage securities
January 03, 2012 02:40 PM ET
(Reuters) - JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans. | Full Article
HEALTH NEWS
Food prices may ease in 2012 but won't drop: FAO
Exercise linked to better performance in school
Calories, not protein, matter most for fat gain
"Double-jointed" soccer players have more injuries
Give slim kids higher marks, says French diet guru
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