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Thursday, February 9, 2012

DAI: Wall St ends up for third day after Greek deal

Reuters
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02/9/2012
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LATEST NEWS
Wall St ends up for third day after Greek deal
NEW YORK (Reuters) - Stocks posted a third day of modest gains on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains. | Full Article
U.S. banks agree to $25 billion in homeowner help
February 09, 2012 03:06 PM ET
WASHINGTON (Reuters) - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market. | Full Article
Greeks clinch austerity deal, lenders skeptical
February 09, 2012 04:33 PM ET
ATHENS/BRUSSELS (Reuters) - Greek political leaders clinched a long-delayed deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years but the country's financial backers reacted skeptically. | Full Article
MF Global judge to examine insurance for ex-execs
February 09, 2012 12:24 PM ET
(Reuters) - The U.S. judge overseeing MF Global's bankruptcy plans a closer review before deciding whether any of an estimated $190 million of insurance coverage for former company executives should instead go to customers. | Full Article
FDA sets draft rules for biotech drug copies
February 09, 2012 03:58 PM ET
(Reuters) - The U.S. Food and Drug Administration's long-awaited guidelines for the sale of lower-cost versions of biotechnology drugs leave open the possibility that some products might not need to be tested in humans. | Full Article
US TOP NEWS
Jobless claims drop brightens labor market picture
February 09, 2012 01:46 PM ET
WASHINGTON (Reuters) - The number of Americans signing up for unemployment benefits unexpectedly fell last week, the latest sign of recovery in the labor market. | Full Article
ECB opens door to indirect Greece aid
February 09, 2012 01:08 PM ET
FRANKFURT (Reuters) - European Central Bank President Mario Draghi opened the door on Thursday to helping Athens indirectly after Greek politicians finally signed up to an austerity package following days of dither and delay. | Full Article
Iran turns to barter for food as sanctions cripple imports
February 09, 2012 11:56 AM ET
PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday. | Full Article
West offers words, only, as Syria killing rages
February 09, 2012 02:52 PM ET
AMMAN/BEIRUT (Reuters) - Syrian government artillery barrages killed dozens of civilians in Homs on Thursday, activists said, as President Bashar al-Assad, bolstered by Russian support, ignored appeals from world leaders to halt the carnage. | Full Article
House passes curbs on lawmaker insider trading
February 09, 2012 03:46 PM ET
WASHINGTON (Reuters) - The House of Representatives overwhelmingly passed a bill to curb insider trading by lawmakers and other government officials on Thursday, despite objections from Democrats and some Republicans that it lacked some tough measures to fight corruption. | Full Article
HEALTH NEWS
Gauging hype during Heart Month: 5 tests you might not need
New mental health manual is "dangerous" say experts
Catholic TV network sues to block U.S. contraception rule
FDA panel rules against NeurogesX patch for HIV
Teen weight loss program shows some benefit
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