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Thursday, November 10, 2011

DAI: Wall Street rebounds on corporate news

Reuters
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11/10/2011
News Good Evening
LATEST NEWS
Wall Street rebounds on corporate news
NEW YORK (Reuters) - Stocks bounced back on Thursday from a 3 percent drop in the previous session as investors latched onto positive corporate and economic news in the absence of a clear worsening of Europe's debt crisis. | Full Article
Italy eyes unity cabinet as EU dithers on crisis
November 10, 2011 02:01 PM ET
ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown. | Full Article
Bernanke keeps focus on jobs, warns on Europe
November 10, 2011 03:20 PM ET
FORT BLISS, Texas (Reuters) - Defending the Federal Reserve on the turf of his harshest critics, central bank chief Ben Bernanke said the Fed was "intently" focused on lowering unemployment and warned strains from Europe could trigger global economic shocks. | Full Article
ICE calls for MF client cash; CFTC confirms probe
November 10, 2011 03:24 PM ET
NEW YORK/WASHINGTON (Reuters) - The trustee liquidating bankrupt broker MF Global on Thursday deflected intensifying pressure to disperse billions of dollars of customer cash frozen in commodity accounts, saying that he could not yet legally release individuals' funds. | Full Article
Disney posts higher revenue, shares gain
November 10, 2011 04:36 PM ET
(Reuters) - Walt Disney Co reported higher quarterly revenue that beat analyst expectations as advertising held strong at the company's ESPN sports channel and other media networks. | Full Article
US TOP NEWS
New Italian government seen within days
November 10, 2011 12:43 PM ET
ROME (Reuters) - Respected former European Commissioner Mario Monti looked set on Thursday to be appointed within days to head an emergency Italian government, as politicians rushed to combat a crisis threatening the entire euro zone. | Full Article
U.S. seeks new Keystone pipeline route
November 10, 2011 03:59 PM ET
WASHINGTON (Reuters) - The United States said on Thursday it will study a new route for the Keystone XL Canada-to-Texas oil pipeline, delaying any final approval beyond the U.S. 2012 election and sparing U.S. President Barack Obama a politically risky decision during an election year. | Full Article
Job, trade data hint at stronger growth
November 10, 2011 11:49 AM ET
WASHINGTON (Reuters) - New U.S. claims for jobless benefits fell last week to their lowest level since early April and the trade deficit unexpectedly shrank in September, pointing to a slight improvement in the sluggish economy. | Full Article
Murdoch limits damage in parliament grilling
November 10, 2011 04:24 PM ET
LONDON (Reuters) - James Murdoch, fighting for his career, held his line that he was innocent of covering up phone-hacking at the News of the World tabloid and blamed other former executives in a UK parliamentary hearing on Thursday. | Full Article
Papademos named PM to claw Greece out of crisis
November 10, 2011 04:14 PM ET
ATHENS (Reuters) - Greece named banker Lucas Papademos as head of a new crisis government on Thursday, ending the country's chaotic search for a leader to save it from default, bankruptcy and expulsion from the euro zone. | Full Article
HEALTH NEWS
Insight: In Greek crisis, HIV gains ground
Europe health check shows TB, measles, other worries
FDA stings retailers for selling tobacco to minors
New Australia smoking law bans brand labels
Pfizer to push Prevenar beyond large Chinese cities
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