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Thursday, February 2, 2012

DAI: Wall Street holds steady as payrolls set to test rally

Reuters
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02/2/2012
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LATEST NEWS
Wall Street holds steady as payrolls set to test rally
NEW YORK (Reuters) - Investors largely took a wait-and-see approach on Thursday as stocks ended little changed ahead of Friday's key employment report, but tech shares rose after strong earnings from chipmaker Qualcomm. | Full Article
Jobless claims fall, jobs market slowly healing
February 02, 2012 02:21 PM ET
WASHINGTON (Reuters) - New claims for unemployment benefits in the United States fell more than expected last week, pointing to further healing in the nation's battered jobs market. | Full Article
Rising regulatory risk squashing M&A deals, say advisers
February 02, 2012 12:22 PM ET
(Reuters) - Competition watchdogs are stifling those companies still braving economic uncertainty to attempt mergers and acquisitions, say bankers and lawyers who claim the burden of bureaucracy has intensified with the financial crisis. | Full Article
Signs of split among Volcker rule's foes
February 02, 2012 04:26 PM ET
WASHINGTON (Reuters) - As pro-business groups clamor to convince regulators to overhaul their draft of the controversial Volcker rule, fault lines are emerging within the opposition over just what a revamped draft should look like. | Full Article
Zynga shares soar on Facebook connection
February 02, 2012 12:34 PM ET
(Reuters) - Zynga shares jumped as much as 22 percent on Thursday in the first trading session after Facebook revealed it made 12 percent of its revenue last year from the video game publisher. | Full Article
US TOP NEWS
Facebook's Zuckerberg to keep iron grip after IPO
February 02, 2012 04:30 PM ET
SAN FRANCISCO (Reuters) - Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say. | Full Article
Romney plays Trump card in Las Vegas
February 02, 2012 04:32 PM ET
LAS VEGAS (Reuters) - Republican presidential front-runner Mitt Romney, struggling to recover from remarks that critics said showed indifference to America's poor, on Thursday won the endorsement of real estate mogul Donald Trump. | Full Article
Glencore and Xstrata in $80 billion takeover talks
February 02, 2012 01:24 PM ET
LONDON (Reuters) - Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date. | Full Article
Sony sees $2.9 billion loss, new CEO warns of pain
February 02, 2012 11:02 AM ET
TOKYO (Reuters) - Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. | Full Article
Deutsche Bank's Ackermann era ends in quarterly loss
February 02, 2012 01:23 PM ET
FRANKFURT (Reuters) - Josef Ackermann's reign at Deutsche Bank ended in a surprise quarterly loss on Thursday, with the bank hit by a downturn in bond trading due to the euro zone crisis and writedowns on holdings in drug and gambling companies. | Full Article
HEALTH NEWS
Siblings' brain scans may hold key to addictions
Think you can't get pregnant? Try again, study says
Older parents more likely to have an autistic child: study
Smoking tied to higher psoriasis risk
Ulcer-causing bug tied to higher diabetes risk
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