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Friday, January 20, 2012

DAI: Wall Street ends stellar week on a mixed note

Reuters
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01/20/2012
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LATEST NEWS
Wall Street ends stellar week on a mixed note
NEW YORK (Reuters) - The Dow industrials and the S&P 500 posted their best week in four even with a mixed finish on Friday after strong earnings from tech bellwethers IBM and Intel contrasted with Google's disappointing quarterly report. | Full Article
Home sales hit 11-month high
January 20, 2012 01:29 PM ET
WASHINGTON (Reuters) - Home sales hit an 11-month high in December and the number of properties on the market was the fewest in nearly seven years, pointing to a nascent recovery in the housing sector. | Full Article
Greece, creditors close in on debt cut deal
January 20, 2012 04:28 PM ET
ATHENS/LONDON (Reuters) - Greece was closing in on an initial deal with private bond holders on Friday that would prevent it from tumbling into a chaotic default but lose investors up to 70 percent of the loans they have given to Athens. | Full Article
GE revenue lower than expected
January 20, 2012 01:30 PM ET
(Reuters) - General Electric Co's fourth-quarter revenue fell short of Wall Street expectations, with Europe's weakening economy and weak sales of appliances the main culprits. | Full Article
Courts push back on bribery prosecutions
January 20, 2012 03:54 PM ET
WASHINGTON (Reuters) - As the Justice Department has stepped up its enforcement of an anti-foreign bribery law, it has faced the expected stiff resistance from the business community. | Full Article
US TOP NEWS
Hours before key primary, Romney lowers expectations
January 20, 2012 02:19 PM ET
GILBERT, South Carolina (Reuters) - With the crucial Republican presidential primary in South Carolina just hours away, front-runner Mitt Romney on Friday lowered expectations for how well he will do and acknowledged he is in a neck-and-neck race with Newt Gingrich. | Full Article
Supreme Court throws out Texas election maps
January 20, 2012 02:53 PM ET
WASHINGTON (Reuters) - The Supreme Court handed Texas Republicans a partial victory in a partisan fight over election redistricting that has erupted after a huge increase in the state's Hispanic population. | Full Article
Megaupload site wants assets back, to fight charges
January 20, 2012 02:40 PM ET
WASHINGTON (Reuters) - The Internet website Megaupload.com, shut down by authorities over allegations that it illegally peddled copyrighted material, is trying to recover its servers and get back online, a lawyer for the company said on Friday. | Full Article
Major powers signal openness to Iran talks
January 20, 2012 12:55 PM ET
WASHINGTON (Reuters) - Major powers seeking to negotiate an end to Iran's suspected pursuit of nuclear weapons on Friday signaled their openness to renewed talks with Tehran but diplomats said the powers remain divided on their approach. | Full Article
Violence keeps Syria on edge, Arab mission may extend
January 20, 2012 04:28 PM ET
AMMAN (Reuters) - At least six people were killed in Syria on Friday and the bodies of six others were turned over to their families, activists said, two days before the Arab League decides whether to keep monitors there despite their failure to halt bloodshed. | Full Article
HEALTH NEWS
FDA clears more orange juice imports
U.S. gives church groups a year on birth control rule
Analysis: Goal for Alzheimer's drug by 2025 too ambitious?
Bird flu researchers suspend study of deadlier mutations
Docs more likely to suspect abuse in poor kids
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