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Tuesday, January 24, 2012

DAI: Wall Street ends lower on mixed earnings, Greece

Reuters
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01/24/2012
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LATEST NEWS
Wall Street ends lower on mixed earnings, Greece
NEW YORK (Reuters) - Stocks edged lower on Tuesday, ending a five-day rally for the S&P 500, as talks to resolve Greece's debt crisis hit a snag and earnings from a number of blue chips disappointed investors. | Full Article
Apple's revenue surges, blows past estimates
January 24, 2012 04:36 PM ET
SAN FRANCISCO (Reuters) - Apple Inc reported fiscal first-quarter revenue that blew past Wall Street expectations, fueled by robust holiday sales of its iPhones and iPads. | Full Article
Europe poses global recession threat: IMF
January 24, 2012 02:43 PM ET
WASHINGTON (Reuters) - Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday. | Full Article
Yahoo revenue slips in Q4
January 24, 2012 04:32 PM ET
(Reuters) - Yahoo Inc's net revenue and profit fell slightly in the fourth quarter, the struggling Internet company's last quarter before new Chief Executive Scott Thompson took the reins. | Full Article
Greek creditors urge quick deal after eurozone
January 24, 2012 03:23 PM ET
ZURICH/ATHENS (Reuters) - Greece's private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default. | Full Article
US TOP NEWS
Obama to contrast tax inequality in State of the Union
January 24, 2012 03:17 PM ET
WASHINGTON (Reuters) - President Barack Obama will seek to frame an election-year State of the Union address on Tuesday in starkly populist terms by emphasizing the inequality in a tax system that allows the wealthy to pay a lower rate than middle-class Americans. | Full Article
S&P says likely to declare Greece in default
January 24, 2012 12:19 PM ET
NEW YORK (Reuters) - Standard & Poor's will likely downgrade Greece's ratings to "selective default" when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday. | Full Article
Romney returns show low tax rate; questions linger
January 24, 2012 04:18 PM ET
TAMPA, Fla./WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney bowed to political pressure and gave the public a glimpse inside his personal fortune on Tuesday, releasing U.S. tax returns showing he pays a lower effective tax rate than many top wage-earners. | Full Article
Rule-smashing lawyer sees Volcker cracks
January 24, 2012 01:48 PM ET
WASHINGTON (Reuters) - The controversial ban on banks' proprietary trading known as the Volcker rule has big vulnerabilities and should be reproposed, or face possible legal challenges, a prominent Washington attorney said on Tuesday. | Full Article
Iran says sanctions to fail, repeats Hormuz threat
January 24, 2012 02:45 PM ET
TEHRAN (Reuters) - Iranian politicians said on Tuesday they expected the European Union to backtrack on its oil embargo and repeated a threat to close the vital Strait of Hormuz shipping lane if the West succeeds in preventing Tehran from exporting crude. | Full Article
HEALTH NEWS
Keeping brain sharp may ward off Alzheimer's protein
Swimming lowers older adults' blood pressure
Kids seek tans, use less sunscreen as they age: survey
Breastfeeding mums told to buy a ticket for baby
Common scans could hurt thyroid, researchers say
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