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Wednesday, January 25, 2012

DAI: Fed and Apple reignite buying on Wall Street

Reuters
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01/25/2012
News Good Evening
LATEST NEWS
Fed and Apple reignite buying on Wall Street
NEW YORK (Reuters) - Big profits from Apple and a promise from the Federal Reserve to keep rock-bottom rates for at least two more years powered the U.S. stock market higher on Wednesday. | Full Article
Bernanke: More easing possible if economy weakens
January 25, 2012 03:49 PM ET
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke signaled on Wednesday the central bank may consider further monetary easing, after the central bank announced interest rates would remain near zero until late 2014. | Full Article
ECB split on how to handle any Greek bond losses: sources
January 25, 2012 03:01 PM ET
FRANKFURT (Reuters) - The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options to avoid such a hit, central bank sources told Reuters on Wednesday. | Full Article
Netflix beats on revenue, adds customers; shares surge
January 25, 2012 04:36 PM ET
LOS ANGELES (Reuters) - Netflix Inc's fourth-quarter revenue outpaced Wall Street's expectations as the video rental website reversed subscriber losses to sign up more than 600,000 new U.S. customers in the period, pushing its shares up 12 percent. | Full Article
Boeing 2012 earnings to be hit by pension expense
January 25, 2012 04:36 PM ET
(Reuters) - Boeing Co said on Wednesday that a pension expense larger than Wall Street had anticipated would weigh on its 2012 earnings, but it handed investors good news with expectations for increased commercial aircraft deliveries this year. | Full Article
US TOP NEWS
In historic shift, Fed sets inflation target
January 25, 2012 03:38 PM ET
(Reuters) - The Federal Reserve took the historic step on Wednesday of setting an inflation target, of 2 percent, a victory for Chairman Ben Bernanke that brings the Fed in line with many of the world's other major central banks. | Full Article
Obama urges taxing the rich, reining in Wall Street
January 25, 2012 02:56 PM ET
WASHINGTON (Reuters) - President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street. | Full Article
Housing data points to slowdown in sales
January 25, 2012 11:28 AM ET
WASHINGTON (Reuters) - Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains. | Full Article
Obama saw window of opportunity to free hostages
January 25, 2012 03:56 PM ET
WASHINGTON (Reuters) - When President Barack Obama mysteriously congratulated his defense chief while making his way through the crowd awaiting the State of the Union address Tuesday night, the secret hostage rescue mission in Somalia was still being wrapped up. | Full Article
Einhorn, Greenlight fined for UK market abuse
January 25, 2012 03:09 PM ET
LONDON/NEW YORK (Reuters) - David Einhorn's reputation as one of the hedge fund industry's most respected investors took a bit a of a hit Wednesday when Britain's financial regulator imposed a 7.2 million pounds fine on him and his Greenlight Capital fund for alleged trading abuses. | Full Article
HEALTH NEWS
After $35 tablet computer, pacemakers may be next
More fruits, veggies in school lunch rules
Device makers urge coverage of weight-loss surgery
Los Angeles mayor signs porn star condom requirement
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