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Thursday, December 29, 2011

DAI: Wall St rises, on track for slight gains in 2011

Reuters
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12/29/2011
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LATEST NEWS
Wall St rises, on track for slight gains in 2011
NEW YORK (Reuters) - U.S. stocks rallied on Thursday, moving the S&P 500 back in positive territory for 2011 ahead of the last trading day of the year, on more positive signals on the U.S. economy. | Full Article
Economy gaining momentum, housing shows a pulse
December 29, 2011 03:14 PM ET
WASHINGTON (Reuters) - New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended. | Full Article
Pending home sales rise to 1.5 year high
December 29, 2011 10:37 AM ET
WASHINGTON (Reuters) - Pending sales of existing homes surged to a 1-1/2 year high in November, an industry group said on Thursday, offering more signs of a tentative recovery in the housing market. | Full Article
Italy seeks bigger euro fund after tough debt sale
December 29, 2011 01:46 PM ET
MILAN/ROME (Reuters) - Italian Prime Minister Mario Monti sought reinforcement for the euro zone's bailout fund and pledged new efforts to boost the economy after a disappointing bond auction on Thursday underlined the threat to the country's shaky public finances. | Full Article
Financial market credit tightened at year end: Fed
December 29, 2011 02:26 PM ET
WASHINGTON (Reuters) - Banks tightened the screws on lending to major financial market participants in recent months, the U.S. Federal Reserve said on Thursday, reflecting concerns about Europe's banking crisis. | Full Article
US TOP NEWS
Syrian forces kill 25 protesters, monitors reach cities
December 29, 2011 03:29 PM ET
BEIRUT (Reuters) - Syrian security forces shot dead 25 people on Thursday, including in cities being visited by Arab League monitors to check whether President Bashar al-Assad is keeping a pledge to end a crackdown on popular unrest. | Full Article
Russia battles fire on nuclear submarine
December 29, 2011 02:43 PM ET
MOSCOW (Reuters) - Russia used helicopters and tugboats to battle a fire that engulfed a nuclear submarine docked at a shipyard on Thursday, but emergency officials said radiation levels were normal. | Full Article
Could Romney score an early knockout?
December 29, 2011 10:43 AM ET
NORTH LIBERTY/MASON CITY, Iowa (Reuters) - Mitt Romney's campaign did its best on Wednesday to lower expectations, but no one was really buying it. | Full Article
Turkey acknowledges killing civilians in Iraq strike
December 29, 2011 02:29 PM ET
ANKARA (Reuters) - Turkish warplanes killed 35 civilian smugglers in northern Iraq after mistaking them for Kurdish militants, Ankara's ruling party said on Thursday, promising not to allow a cover-up of an incident that threatens to wreck relations with minority Kurds. | Full Article
Alibaba hires U.S. lobbying firm as it eyes Yahoo
December 28, 2011 11:21 PM ET
(Reuters) - Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail. | Full Article
HEALTH NEWS
Obesity tied to older adults' risk of falls: study
Statins tied to lower risk of fatal prostate cancer
Estrogen helps nighttime hot flashes, not sleep
Special bike helps lung disease patients get around
Mead Johnson confirms FDA visits in Enfamil probe
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