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Monday, February 20, 2012

DAI: 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
U.S. official "optimistic" on global accounting move
February 20, 2012 09:54 AM ET
LONDON (Reuters) - A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies. | Full Article
Second Greek bailout in reach despite funding gaps
February 20, 2012 04:26 PM ET
BRUSSELS (Reuters) - Euro zone finance ministers inched towards approving a second bailout for debt-laden Greece on Monday that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy. | Full Article
Wal-Mart to take majority stake in China e-commerce firm
February 20, 2012 10:02 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
Ecuador court rejects Chevron arbitration ruling
February 20, 2012 02:35 PM ET
QUITO (Reuters) - A court in Ecuador has rejected an order by arbitrators that an $18 billion pollution ruling against Chevron should be frozen, but the judges referred an appeal by the U.S. oil company to the country's Supreme Court. | Full Article
US TOP NEWS
Top U.N. inspectors in Iran talks on atom bomb accusations
February 20, 2012 12:44 PM ET
TEHRAN (Reuters) - Senior U.N. inspectors arrived in Iran on Monday to push for transparency about its disputed nuclear program and several European states halted purchases of Iranian oil as part of Western moves to pile pressure on a defiant Tehran. | Full Article
U.S. Senators in Cairo want swift end to NGO case
February 20, 2012 03:14 PM ET
CAIRO (Reuters) - U.S. Senators said in Cairo on Monday they hoped for a swift end to a row over U.S. pro-democracy activists accused of working illegally in Egypt and said they were committed to help Egypt nurture its democratic institutions and rebuild its economy. | Full Article
Iranian ships reach Syria, Assad allies show support
February 20, 2012 03:42 PM ET
AMMAN/BEIRUT (Reuters) - Russia, China and Iran showed support for Syrian President Bashar al-Assad on Monday, days before an international meeting likely to pile more pressure on him to step down in the face of an increasingly bloody uprising. | Full Article
Putin to win Russian election in first round: poll
February 20, 2012 08:40 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
Libyans queue for first vote in battle-hit Misrata
February 20, 2012 04:18 PM ET
MISRATA, Libya (Reuters) - People from Libya's battle-scarred city of Misrata queued up to vote in their first free election Monday, hoping to set a standard for the rest of the country as it prepares for national polls in June after the war that overthrew Muammar Gaddafi. | Full Article
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