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Monday, February 6, 2012

DAI: Wall St edges lower after string of gains

Reuters
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02/6/2012
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LATEST NEWS
Wall St edges lower after string of gains
NEW YORK (Reuters) - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally. | Full Article
Greeks delay bailout talks as Merkel demands action
February 06, 2012 02:44 PM ET
ATHENS/PARIS (Reuters) - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day. | Full Article
IMF's Blanchard sees "very large" Greek haircut
February 06, 2012 03:56 PM ET
WASHINGTON (Reuters) - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden. | Full Article
Skepticism grows around Medco/Express Scripts deal
February 06, 2012 02:54 PM ET
WASHINGTON (Reuters) - Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger. | Full Article
MF Global shortfall worsened as bankruptcy neared
February 06, 2012 03:34 PM ET
(Reuters) - A shortfall in customer funds at MF Global Holdings' broker-dealer unit grew in the days before the company went bankrupt, as client money increasingly was used to pay for MF's daily activities, said the trustee liquidating the broker-dealer. | Full Article
US TOP NEWS
Romney campaign takes aim at Santorum
February 06, 2012 04:30 PM ET
GRAND JUNCTION, Colorado (Reuters) - Republican presidential frontrunner Mitt Romney on Monday focused his campaign's firepower on Rick Santorum to head off his surge in two of three states with nominating contests this week. | Full Article
Syria bombards Homs; West scrambles for new strategy
February 06, 2012 03:33 PM ET
BEIRUT (Reuters) - Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to President Bashar al-Assad, the Syrian National Council opposition group said. | Full Article
With economy improving, Obama would beat Romney: poll
February 06, 2012 02:32 PM ET
WASHINGTON (Reuters) - President Barack Obama - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed. | Full Article
Insight: Two firms flourish in frenzied MF Global aftermath
February 06, 2012 10:02 AM ET
NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business. | Full Article
Analysis: Euro zone strugglers lack innovative knack
February 06, 2012 12:29 PM ET
LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010. | Full Article
HEALTH NEWS
"Malaria cure" claim sparks Vienna probe
Blurry line in diagnosing early Alzheimer's: study
Male smokers lose brain function faster as they age
DEA raids 2 CVS pharmacies in drug abuse probe
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