DAI: Wall Street buoyed by rallying bank shares

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	01/5/2012
Good Evening LATEST NEWS Wall Street buoyed by rallying bank shares NEW YORK (Reuters) - Banks led Wall Street to gains on Thursday even as Europe struggled again, a sign investors are betting a relatively strong U.S. economy will help U.S. stocks outperform other markets. | Full Article Private hiring soars; seasonal issues cloud gain January 05, 2012 01:13 PM ET NEW YORK (Reuters) - The jobs recovery gathered pace as a measure of private-sector hiring surged in December and claims for unemployment benefits fell, suggesting the battered labor market may continue to strengthen in 2012. | Full Article Barnes & Noble may split off Nook, cuts forecast January 05, 2012 02:49 PM ET (Reuters) - Barnes & Noble Inc cut its Nook sales forecast for this year and shocked investors by saying it was considering a sale of the electronic reader and tablet business, sending its shares down more than 20 percent. | Full Article Congress presses rating agencies on MF Global January 05, 2012 03:26 PM ET (Reuters) - Congressional investigators have launched an inquiry into the work of credit rating firms that examined MF Global Holdings Ltd's risky bets on European government bonds and whether they overlooked crucial information in their evaluations. | Full Article Pepsi mulls job, pension cuts: report January 05, 2012 03:53 PM ET (Reuters) - PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation. | Full Article US TOP NEWS New Pentagon strategy stresses Asia, cyber, drones January 05, 2012 04:02 PM ET WASHINGTON (Reuters) - President Barack Obama unveiled a defense strategy on Thursday that would expand the U.S. military presence in Asia but shrink the overall size of the force as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war. | Full Article Screws tighten on Iran as big buyers shun its oil January 05, 2012 03:20 PM ET TEHRAN (Reuters) - Iran faced the prospect on Thursday of cutbacks in its oil sales to China and Japan as new measures to cut off Tehran's crude exports appeared to be driving its economy to the wall. | Full Article Cordray says politics won't distract consumer cop January 05, 2012 03:47 PM ET WASHINGTON (Reuters) - In his first full day as chief of the Consumer Financial Protection Bureau, Richard Cordray sought to lower the political heat around the agency, saying it would earnestly get to work targeting all the bad actors in the lending industry. | Full Article Bombs target Iraqi Shi'ites, kill at least 73 January 05, 2012 02:39 PM ET BAGHDAD (Reuters) - Bomb attacks in mainly Shi'ite Muslim areas of Iraq killed at least 73 people and wounded scores on Thursday, police and hospital sources said, raising fears of an increase in sectarian strife. | Full Article Santorum faces closer scrutiny in New Hampshire January 05, 2012 04:03 PM ET MANCHESTER/NORTHFIELD, New Hampshire (Reuters) - Rising Republican presidential upstart Rick Santorum found himself under increasing scrutiny on Thursday as front-runner Mitt Romney tried to chip away at his record ahead of the key New Hampshire primary. | Full Article HEALTH NEWS Czechs say women should replace PIP implants J&J to pay more than $1 billion to settle probe: report Study finds e-cigarettes affect airways, and quickly Man arrested for fire at Florida abortion clinic Cancer rates in U.S. keep falling: American Cancer Society RELATED VIDEO What's at stake: Strait of Hormuz by the numbers Swiss bank chief won't quit over trade Trading at Noon: Wall St. falls on European debt concerns A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Women are a mystery to British physicist Hawking Full Article Colorado woman accused of damaging $30 million painting Maldives lifts ban on luxury resort spas U.S. twin births have doubled in three decades: study Give slim kids higher marks, says French diet guru - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend