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Tuesday, January 31, 2012

Wall Street Posts Blockbuster January Performance

Tuesday, January 31, 2012


FEATURED NEWS

Wall Street Posts Blockbuster January Performance

The Dow zoomed more than 3% higher for the month, posting its best January performance on a percent basis in 15 years, as fears over Europe's debt crisis cooled and traders cheered generally upbeat economic data and earnings reports.


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Stossel: Michelle to Save the Children



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Onion Video Dispatch - January 31, 2012

The Onion

Brain-Dead Teen, Only Capable Of Rolling Eyes And Texting, To Be Euthanized 01.31.12

The parents of 13-year old Caitlin Teagart have decided to end her life, saying she can now do nothing but lay on the couch and whine about things being "gay."
WATCH NOW »

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DAI: Wall Street ends strong January on flat note

Reuters
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01/31/2012
News Good Evening
LATEST NEWS
Wall Street ends strong January on flat note
NEW YORK (Reuters) - Wall Street closed its best month since October on a flat note on Tuesday as weaker-than-expected economic reports surprised investors after a stream of positive data in recent months. | Full Article
Amazon says first-quarter loss possible; shares fall
January 31, 2012 04:26 PM ET
SAN FRANCISCO (Reuters) - Amazon.com Inc shares slumped after the largest Internet retailer said it may lose money in the first quarter, a sign the company is continuing to spend heavily on expansion and new ventures. | Full Article
Facebook to file for $5 billion IPO Wednesday: report
January 31, 2012 04:35 PM ET
NEW YORK (Reuters) - Facebook is expected to file initial paperwork with regulators on Wednesday morning for a $5 billion initial public offering, sources close to the deal told IFR. | Full Article
Home prices drop, consumers turn gloomier
January 31, 2012 03:01 PM ET
NEW YORK (Reuters) - Home prices fell more steeply than expected in November, and consumers turned less optimistic in January, highlighting the hurdles still facing the bumpy economic recovery. | Full Article
Greece must pledge tough reforms for debt swap deal
January 31, 2012 03:39 PM ET
ATHENS (Reuters) - Greece must make "difficult" decisions in the coming days to clinch a debt swap agreement and a 130 billion euro bailout package needed to avoid an unruly default, the government said on Tuesday. | Full Article
US TOP NEWS
Romney confident, Newt to press on as Florida votes
January 31, 2012 04:23 PM ET
ORLANDO/TAMPA, Florida (Reuters) - Anticipating victory in Florida's game-changing Republican presidential primary on Tuesday, Mitt Romney looked ahead while his struggling rival Newt Gingrich vowed to press on with his White House quest. | Full Article
U.S. set for fourth year of $1 trillion-plus deficit: CBO
January 31, 2012 04:23 PM ET
WASHINGTON (Reuters) - The United States is headed for a fourth straight year with a $1 trillion-plus budget deficit, congressional forecasters said on Tuesday, giving Republicans ammunition to hammer President Barack Obama's spending record in November's elections. | Full Article
Apple hires Dixons chief to drive global retail
January 31, 2012 12:49 PM ET
LONDON/SAN FRANCISCO (Reuters) - Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion. | Full Article
Analysis: Oil reports may offer Obama an out on Iran
January 31, 2012 03:34 PM ET
WASHINGTON (Reuters) - President Barack Obama will soon get regular, albeit incomplete, reports on how oil markets are coping ahead of broader sanctions on Iran that could help him justify easing off sanctions to prevent a politically damaging jump in crude prices. | Full Article
Iran keeping option open on nuclear weapon: U.S. spy chief
January 31, 2012 02:13 PM ET
WASHINGTON (Reuters) - Iran is keeping the option open to develop a nuclear weapon but U.S. intelligence agencies do not know whether it will eventually decided to build one, the U.S. intelligence chief said on Tuesday. | Full Article
HEALTH NEWS
U.S. panel defends call to censor bird flu studies
Eating fish tied to lower risk of colon polyps
Weight loss may prevent leaky bladder in diabetes
Government health spending seen hitting $1.8 trillion
Diabetes drugs tied to pancreatic cancer risk
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