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Monday, January 9, 2012

DAI: Wall Street ends up as earnings, euro zone eyed

Reuters
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01/9/2012
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LATEST NEWS
Wall Street ends up as earnings, euro zone eyed
NEW YORK (Reuters) - Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week. | Full Article
Alcoa posts Q4 loss on low metal price, weak market
January 09, 2012 04:29 PM ET
(Reuters) - Alcoa Inc , the largest U.S. aluminum producer, posted a fourth-quarter loss on Monday as slumping metal prices forced it to take a charge for cutting back production and market weakness continued, particularly in construction and packaging. | Full Article
Swiss central bank chief quits over wife's currency deal
January 09, 2012 02:12 PM ET
BERNE (Reuters) - Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect on Monday, saying he could not prove he had been unaware of a currency trade made by his wife and wanted to protect the integrity of the central bank. | Full Article
GM focusing on profits, not U.S. market share: CEO
January 09, 2012 02:49 PM ET
DETROIT (Reuters) - General Motors Co will focus on maintaining profits, not defending U.S. market share gains made at the expense of Japanese rivals, the automaker's top executive said on Monday. | Full Article
November consumer credit surges by most since 2001
January 09, 2012 04:29 PM ET
WASHINGTON (Reuters) - Consumer credit surged in November by the most since October 2001, rising 10.0 percent on higher credit card debt and more student loans doled out by the government , a Federal Reserve report showed on Monday. | Full Article
US TOP NEWS
Top Obama aide Daley steps down, budget chief takes
January 09, 2012 04:20 PM ET
WASHINGTON (Reuters) - President Barack Obama said on Monday his budget chief Jack Lew would take over as White House chief of staff, replacing former businessman Bill Daley, who is stepping down after a troubled one-year tenure. | Full Article
U.S. moves toward legal action against Swiss bank: sources
January 09, 2012 06:02 AM ET
(Reuters) - U.S. authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. | Full Article
Iran sentences U.S.-Iranian man to death for spying
January 09, 2012 02:27 PM ET
TEHRAN (Reuters) - Iran's Revolutionary Court has sentenced an Iranian-American man to death for spying for the CIA, officials said on Monday, a move likely to aggravate U.S.-Iranian tensions already high because of Tehran's disputed nuclear program. | Full Article
Analysis: For euro zone, the heat is on again
January 09, 2012 08:02 AM ET
BERLIN (Reuters) - The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance. | Full Article
U.S. auto market now industry bedrock
January 09, 2012 04:29 PM ET
DETROIT (Reuters) - Welcome to an unlikely beacon of hope for the global auto industry -- Detroit. | Full Article
HEALTH NEWS
To optimize exercise, heed your heart rate training zone
Study needed on shale gas effects on health: group
Britons told to "stay off drink for two days a week"
Mixed message from UK and Germany over PIP implants
Walgreen starts to move on without Express Scripts
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