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Monday, February 20, 2012

Business Today: Stocks may strain to hold 9-month highs

Reuters
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02/20/2012
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LATEST NEWS
Stocks may strain to hold 9-month highs
NEW YORK (Reuters) - If upcoming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs. | Full Article
Decision day for second Greek bailout despite financing gaps
February 20, 2012 08:08 AM ET
BRUSSELS (Reuters) - Euro zone finance ministers are expected to approve a second bailout for Greece on Monday to try to draw a line under months of uncertainty that has shaken the currency bloc, although work remains to be done to make the numbers add up. | Full Article
Japan's record trade deficit highlights weakening Chinese demand
February 20, 2012 04:00 AM ET
TOKYO (Reuters) - Japan logged a record trade deficit with China in January as exports dropped by a fifth, underscoring concerns about how sharply China is slowing and its ability to buffer a frail global economy against European turmoil. | Full Article
Wal-Mart to take majority stake in China e-commerce firm
February 20, 2012 03:08 AM ET
SHANGHAI/HONG KONG (Reuters) - Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in the world's fastest-growing major economy. | Full Article
Wynn accuses top shareholder, buys out his stake
February 20, 2012 05:04 AM ET
NEW YORK/HONG KONG (Reuters) - Wynn Resorts Ltd Chief Executive Steve Wynn upped the ante in his fight against former business partner Kazuo Okada, accusing the Japanese gaming mogul of improper payments to foreign gaming regulators and forcibly buying back Okada's 20 percent stake in the casino company at a deep discount. | Full Article
US TOP NEWS
UN inspectors arrive in Iran for nuclear talks
February 20, 2012 08:24 AM ET
TEHRAN (Reuters) - Senior U.N. inspectors arrived in Tehran on Monday for talks on Iran's disputed nuclear program, a day after the Islamic state responded defiantly to tightened EU sanctions by halting oil sales to British and French companies. | Full Article
Iranian ships reach Syria, China warns of civil war
February 20, 2012 08:14 AM ET
AMMAN/BEIRUT (Reuters) - China accused Western countries of stirring civil war in Syria and two Iranian warships docked at a Syrian naval base, underscoring rising international tensions over the near year-long crisis. | Full Article
Putin to win Russian election in first round: poll
February 20, 2012 08:18 AM ET
MOSCOW (Reuters) - Vladimir Putin will be elected president in the first round of March's election with more than half the vote, avoiding a runoff that would dent his authority on the eve of his planned return to the Kremlin's top job, a state pollster predicted Monday. | Full Article
North Korea raises alert for live-fire drill
February 20, 2012 04:58 AM ET
SEOUL (Reuters) - Secretive North Korea raised its military alert ahead of a live-fire artillery drill by rival South Korea Monday amid heightened tension on the peninsula during a delicate transition of power in the impoverished North. | Full Article
China rebukes Iran for France, UK oil ban
February 20, 2012 04:20 AM ET
BEIJING (Reuters) - China rebuked Iran on Monday for stopping oil sales to British and French companies at the weekend, calling for renewed efforts at dialogue over an escalating stand-off over Tehran's controversial nuclear program. | Full Article
HEALTH NEWS
Alcohol seen killing 200,000 Britons in next 20 years
Daily diet soda may increase risk of heart attack, stroke: study
Turnout steady at Komen charity race despite controversy
Deadly bird flu studies to stay secret for now: WHO
Government issues Medicare Advantage guidelines
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