johnt321: January 2009

Tech: Amazon's gains can't lift tech sector out of red

Date: Fri, 30 Jan 2009 18:00:22 -0500

Tech Stocks: Amazon's gains can't lift tech sector out of red
1/30/2009 4:50 PM ET
The tech sector finishes deep in the red despite big gains from
Amazon.com Inc.and Overstock Inc., as fears about the U.S. economy
outweigh upbeat earnings sentiment from the online retailers.

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John Dvorak's Second Opinion: The curious case of Rajendrasinh B. Makwana
1/30/2009 5:44 PM ET
SAN FRANCISCO (MarketWatch) -- I suppose that as the case of the
programmer, Rajendrasinh B. Makwana, is brought out into the open
we'll discover whether he's just a disgruntled programmer irked at
being let go by Fannie Mae in October, or someone with more sinister
intentions.

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Corporate debt soars in January; Verizon on tap Friday
1/30/2009 5:40 PM ET
Companies brought a near record amount of debt to bond markets in
January, taking advantage of the thaw in investors' appetite for risk.

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Amazon shares jump on surprise earnings growth
1/30/2009 4:04 PM ET
Amazon.com's surprise gain in fourth-quarter earnings gives shares a
sharp boost on Friday.

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Benefits, challenges await Dell if it goes into mobile phones
1/30/2009 3:27 PM ET
In a mobile-phone market crowded with traditional players like Nokia
Corp. and Research In Motion Ltd., as well as upstarts like Apple Inc.
and Google Inc., analysts wonder where Dell Inc., which may reportedly
launch a smart phone, might fit.

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Telecom Stocks: Sprint, Ciena pace telecom decliners
1/30/2009 12:15 PM ET
Sprint Nextel Corp. and Ciena Inc. are among the most notable
decliners as telecommunications stocks slide.

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Juniper earnings up, but miss estimates
1/30/2009 10:25 AM ET
Juniper Networks Inc. posted profit and sales gains for what was
generally a challenging economic period by keeping tight control of
costs, though the network equipment maker's numbers still fell shy of
Wall Street estimates.

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Dell reportedly considering selling mobile phones
1/29/2009 9:48 PM ET
Embattled personal-computer maker Dell may release a mobile phone as
soon as next month, according to a news report.

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Stocks to Watch: Stocks in focus for Friday
1/29/2009 7:49 PM ET
Among the companies whose shares are expected to see active trade in
Friday's session are Exxon, Procter & Gamble and Chevron.

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Amazon reports surprise earnings growth for fourth quarter
1/29/2009 6:34 PM ET
Amazon.com reports a surprise gain in fourth-quarter earnings thanks
to strong holiday sales, beating the consensus view of Wall Street
that had been predicting a decline in earnings for the period.

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Google delays stock option exchange for employees
1/29/2009 6:16 PM ET
Google slightly delays a controversial plan to offer an exchange of
underwater stock options to employees.

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Cisco expected to report 8% revenue drop
1/29/2009 5:30 PM ET
Cisco Systems Inc. is expected to report an 8% drop in revenue on Feb.
4 as it navigates through a difficult market marked by a dramatic
decline in consumer and corporate tech demand.

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Broadcom swings to loss, outlines cost-cutting measures
1/29/2009 5:09 PM ET
Broadcom Corp. reports a fourth-quarter loss, warning that it expects
more pain from the downturn, but also highlighting its efforts to cut
costs, including freezing pay and cutting its workforce.

Tech: Qualcomm, Dell pace declines as earnings weigh on sentiment

Date: Thu, 29 Jan 2009 18:00:27 -0500

Tech Stocks: Qualcomm, Dell pace declines as earnings weigh on sentiment
1/29/2009 4:10 PM ET
Technology stocks take a sharp hit on a smattering of bad earnings
reports and a warning from PC maker Dell Inc.

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Cisco expected to report 8% revenue drop
1/29/2009 5:30 PM ET
Cisco Systems Inc. is expected to report an 8% drop in revenue on Feb.
4 as it navigates through a difficult market marked by a dramatic
decline in consumer and corporate tech demand.

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Broadcom swings to loss, outlines cost-cutting measures
1/29/2009 5:09 PM ET
Broadcom Corp. reports a fourth-quarter loss, warning that it expects
more pain from the downturn, but also highlighting its efforts to cut
costs, including freezing pay and cutting its workforce.

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Amazon reports surprise earnings growth for fourth quarter
1/29/2009 5:04 PM ET
Amazon.com reports a surprise gain in fourth-quarter earnings thanks
to strong holiday sales, beating the consensus view of Wall Street
that had been predicting a decline in earnings for the period.

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Juniper posts gains, but falls shy of estimates
1/29/2009 4:45 PM ET
Juniper Networks Inc. posts profit and sales gains for what was
generally a challenging economic period by keeping tight control of
costs, though the network equipment maker's numbers still fall shy of
Wall Street estimates.

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Dell shares fall after it warns expenses to cut into earnings
1/29/2009 4:34 PM ET
Dell shares fall almost 9% after the personal-computer giant reveals
it will record nearly $300 million in fourth-quarter expenses related
to restructuring efforts and stock-option expenses.

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Kodak shares sink 22% on big loss, job cuts
1/29/2009 4:28 PM ET
SAN FRANCISCO (MarketWatch) -- Eastman Kodak Co. shares dropped 29%
Thursday after the company swung to a big loss in the fourth quarter,
bruised by slumping sales of its digital cameras and other photography
equipment, and saidit will cut up to 4,500 jobs.

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More layoffs quietly underway at IBM, group says
1/29/2009 2:32 PM ET
While a number of technology giants have been making public
disclosures about job cuts in recent weeks, IBM Corp. has been quietly
eliminating positions in a number of divisions including its storied
research unit, according to an organization seeking recognition as a
union with the company.

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Amazon expected to see drop in earnings
1/29/2009 12:57 PM ET
Amazon.com is expected to report a decline in quarterly earnings when
it reports results Thursday, as the online retailer is believed to
have cut prices during the holiday season to maintain strong market
share.

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Telecom Stocks: Qualcomm, AT&T are top decliners after results
1/29/2009 12:40 PM ET
Qualcomm Inc., Alcatel-Lucent and AT&T Inc. spotlight declines in the
telecommunications sector as most industry stocks retreat along with
the broader U.S. market.

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Weak sales forecast hits Citrix Systems
1/29/2009 11:17 AM ET
Citrix Systems Inc. shares fall as much as 12% Thursday after the
virtualization and infrastructure software company reports a decline
in its fourth-quarter earnings and gives a first-quarter sales
forecast that falls shy of Wall Street analysts' estimates.

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Qualcomm shares stumble on soured investments, weak outlook
1/29/2009 10:35 AM ET
The provider of chip technology for wireless phones posts
lower-than-expected earnings tied to heavy losses on its investment
portfolio.

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Israel Stocks: Market lower; Mellanox beats estimate
1/29/2009 10:34 AM ET
Israeli stocks dropped on Thursday, led by weakness
in Israel Chemicals, a couple of the telecom companies, and the real
estate sector.

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Sony profit tumbles 95% on weak demand, strong yen
1/29/2009 2:40 AM ET
Sony Corp. reports Thursday its third-quarter profit was almost
entirely wiped out and it still expects to post its first full-year
loss in 14 years.

Sony posts $197 million operating loss in third quarter

Date: Thu, 29 Jan 2009 01:18:41 -0500

Sony posts $197 million operating loss in third quarter
1/29/2009 1:16:26 AM EDT

House votes along party lines to approve Obama's $819 billion economic stimulus bill. Senate likely to take it up next week.

Date: Wed, 28 Jan 2009 18:14:03 -0500

House votes along party lines to approve Obama's $819 billion economic
stimulus bill. Senate likely to take it up next week.

Energy: Major provisions of stimulus package

Date: 28 JAN 2009 17:58:15 GMT

The House is expected to approve an $825 billion economic stimulus
package Wednesday.

Tech: Texas Instruments leads technology sector higher

Date: Tue, 27 Jan 2009 18:00:36 -0500

Tech Stocks: Texas Instruments leads technology sector higher
1/27/2009 4:44 PM ET
Most tech stocks advance as investors play off better-than-expected
financial results reported by Texas Instruments.

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Global Investor: Ten European stocks that will hold up well in these
1/27/2009 6:40 PM ET
Things could be gloomier in Europe, but it's hard to see how. In
addition to an unusually cold winter, the economic outlook has also
gone into the deep freeze,with the European Union predicting a 1.9%
fall in growth across the 16-nation euro zone this year.

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Altera reports a 27% jump in fourth-quarter profit
1/27/2009 5:12 PM ET
Altera Corp. reports a 27% increase in fourth-quarter net profit but
lower sales as the company feels the impact of the global slowdown.

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Sun Micro swings to loss as revenues fall
1/27/2009 5:11 PM ET
Sun Microsystems Inc. on Tuesday said it swung to a quarterly loss as
the computer server and software company reported a decline in sales
due to falling demand for its high-end products.

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Yahoo swings to loss as Bartz era begins
1/27/2009 5:08 PM ET
Yahoo Inc. reports it swung to a loss in the fourth quarter, as the
flagging economy helped crimp sales of online advertisements and the
Internet company continued efforts to mount a turnaround under former
Chief Executive Jerry Yang.

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Texas Instruments jumps on better-than-expected results
1/27/2009 4:50 PM ET
Shares of Texas Instruments Inc. close higher after the chip maker
posted results that exceeded Wall Street projections.

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Lexmark earnings fall 82% on restructuring charges
1/27/2009 4:28 PM ET
Lexmark International Inc., the Lexington, Ky., provider of printing
and imaging technology and services, reports that fourth-quarter net
income declines 82% on 17% lower revenue.

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EMC earnings fall 45% as charges take a toll
1/27/2009 4:26 PM ET
EMC Corp. reports fourth-quarter earnings that tumble 45% from a year
ago, as well as sales that are basically in line with the
storage-technology company's previously announced preliminary results.

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Netflix shares jump on strong results, outlook
1/27/2009 4:12 PM ET
Netflix Inc. shares jumped 13% Tuesday morning after the online
DVD-rental service reported better-than-expected fourth quarter
results and said it's on pace to surpass most revenue forecasts in the
current quarter.

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Verizon quarterly earnings rise 15%, but slump fears persist
1/27/2009 3:24 PM ET
Verizon Communications Inc. said fourth-quarter profit jumped 15%
owing to strong wireless growth, with record subscriber gains in the
company's fiber-TV and fiber-Internet services.

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European court denies Intel's bid to slow antitrust probe
1/27/2009 2:27 PM ET
An EU court spurns Intel's request to delay an ongoing antitrust probe
based on allegations that the chip giant abused its market position in
competing with rival Advanced Micro Devices Inc.

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Yahoo expected to see earnings fall as new CEO Bartz makes debut
1/27/2009 12:45 PM ET
Yahoo Inc. is expected to report fourth-quarter earnings after the
market's close Tuesday, shedding light on what was a troubled period
for the company's core business while also providing a platform for
new Chief Executive Carol Bartz to address Wall Street.

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Telecom Stocks: Verizon, phone stocks fall; Nokai gains
1/27/2009 12:17 PM ET
Shares of most phone companies fell after Verizon
Communications Inc. posted slightly lower profit than Wall Street
expected, but most equipment stocks edged higher.

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Europe Markets: European shares end higher as Siemens, KPN rise
1/27/2009 11:59 AM ET
European shares edge higher on Tuesday, extending the previous
session's strong gains, as investors welcome news that Siemens and KPN
are sticking to fiscal-year guidance despite the gloomy economic
backdrop.

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Emerging-market telecom players get picky in M&A
1/27/2009 11:27 AM ET
As international telecommunications operators shelve expansion plans
to preserve cash and the myth collapses that emerging-market economies
are independent from their western counterparts, the face of
dealmaking in telecom is changing rapidly.
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Therese Poletti's Tech Tales: Microsoft, Google deal with slowdown in
their own ways
1/27/2009 12:01 AM ET
The growing rivalry between Microsoft Corp. and Google Inc. was on
full display last week when the two tech giants announced
fourth-quarter results within hours of each other -- and offered
wildly divergent responses to the recession.

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Senate approves delay in digital TV transition: reports
1/26/2009 9:00 PM ET
The Senate reportedly approves a bill that would delay the transition
to all-digital television transmissions in the U.S. until June.

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IBM cuts over 2,800 jobs, labor group says
1/26/2009 7:42 PM ET
IBM has cut over 2,800 jobs in its software and sales departments,
according to an organization seeking recognition as a union at the
technology giant.

Yahoo reports profits and sales that beat estimates. Including charges company reports net loss of $303 million.

Date: Tue, Jan 27, 2009 at 4:27 PM

Yahoo reports profits and sales that beat estimates. Including charges
company reports net loss of $303 million.

Energy: Stocks in focus for Tuesday

Date: 27 JAN 2009 00:38:43 GMT

Among the companies whose shares are expected to see active trade in
Tuesday's session are Yahoo, Verizon, and DuPont.

Breaking News Mon., January 26, 2009

Date: Mon, Jan 26, 2009 at 3:28 PM

Senate Confirms Timothy Geithner as Treasury Secretary [6:20 EST PM]

Tech: Apple, IBM lead sector higher

Date: Mon, Jan 26, 2009 at 3:00 PM

Tech Stocks: Apple, IBM lead sector higher
4:11 PM ET
Most technology stocks advance, as Apple Inc., Intel Corp. and International Business Machines post gains.

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Netflix profit jumps 45% as expenses decline
5:59 PM ET
Quarterly profit rose 45%, mostly reflecting lower costs to sign up new subscribers, and the online video-rental service indicates it's on pace to surpass most revenue forecasts in the current quarter.

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Texas Instruments posts big profit drop, will cut 3,400 jobs
5:00 PM ET
Texas Instruments posts sharp drop in quarterly profit and a plan to eliminate 3,400 jobs as the chip giant warned it expects a "prolonged economic weakness."

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Sales growth leads VMware earnings to rise
h4:46 PM ET
Vmware Inc. reports a fiscal fourth-quarter profit that rose 42% from a year ago as the maker of virtualization-technology software reports better sales led by increases in both software license and services revenue.

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Sprint Nextel to eliminate 8,000 jobs
1:25 PM ET
Sprint Nextel Corp. on Monday says it will purge 8,000 jobs as part of an effort to reduce costs in the face of a deepening U.S. recession.
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Texas Instruments expected to post big drop in quarterly sales
1:23 PM ET
Texas Instruments is expected to report a 33% decline in sales for the fourth quarter, a reflection of the cell-phone chip maker's struggle with slumping demand and mounting competition.

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Telecom Stocks: Sprint, Ericsson lead telecoms higher
2:04 PM ET
WASHINGTON (MarketWatch) - Telecommunications stocks mostly advanced in Monday trades, with smaller issues outpacing larger ones. Sprint Nextel Corp.'s move to cut 15% of its workforce was seen as a positive step by investors.

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Philips to cut 6,000 jobs after first loss in five years
10:30 AM ET
Royal Philips Electronics, Europe's largest consumer-electronics firm, on Monday says it swung to a fourth-quarter loss of 1.5 billion euros ($1.9 billion) as it wrote down the value of its stakes in LG Display and NXP and demand for its products continues to deteriorate.

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Israel Stocks: Market higher for second day before Bank of Israel rate call
9:11 AM ET
Israeli stocks are higher for a second day on Monday, led by strength in banks and in Israel Chemicals, a few hours before the Bank of Israel makes its next rate decision.

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Before the Bell: Pfizer, Caterpillar, McDonald's in the spotlight
8:35 AM ET
Stock market futures were broadly flat Monday as Caterpillar lowered its earnings outlook and Pfizer agreed to buy rival Wyeth in a $68 billion deal.

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Israel Stocks: Tel Aviv shares end higher ahead of interest-rate decision
12:54 PM ET
Israeli stocks rise, led by strength in telephone-service provider Bezeq and
selected technology and real-estate issues.

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India detains 2 Price Waterhouse partners in Satyam case
4:09 AM ET
Indian police on Saturday detained for questioning two partners from the consulting firm Price Waterhouse in connection with the fraud case at Satyam Computer Services Ltd., news reports say.

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Earnings Outlook: AT&T, Verizon keep heads above water
4:00 AM ET
AT&T Inc. and Verizon Communications Inc. are weathering the recession better than most U.S. companies, but both phone giants could show some nicks and cuts in the coming days as they report quarterly results.

Texas Instruments to cut 3,400 jobs as earnings decline

Date: Mon, Jan 26, 2009 at 1:48 PM

Texas Instruments to cut 3,400 jobs as earnings decline
1/26/2009 4:46:04 PM EDT

Tech : Google gains lead to late tech turnaround

Date: Fri, 23 Jan 2009 18:00:17 -0500

Tech Stocks: Google gains lead to late tech turnaround
1/23/2009 4:37 PM ET
Technology stocks come back to life in late trading as Google Inc.
shares move higher, and the rest of the sector fends off an early
decline fueled by uncertainty over several corporate earnings reports.

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Intel denies seeking to derail AMD spinoff
1/23/2009 4:55 PM ET
Intel Corp. fires back at Advanced Micro Devices Inc., denying its
rival's charge that it was trying to derail a planned spinoff.

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AMD shares rise after chip maker posts narrower loss
1/23/2009 4:30 PM ET
Shares of Advanced Micro Devices Inc. close higher after the chip
maker reportsa narrower fourth-quarter loss in what CEO Dirk Meyer
describes as an industry with poor visibility.

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Xerox posts lower profit, sees first quarter below consensus
1/23/2009 4:28 PM ET
Xerox Corp. said Friday that its fourth-quarter net
income fell sharply from the year-earlier period, partly because of a
steep restructuring charge, and warned that first-quarter results will
come in below Wall Street's expectations.

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Earnings Outlook: Yahoo expected to see profit decline as Yang steps aside
1/23/2009 4:08 PM ET
Yahoo Inc. is expected to report a dip in profit for its fourth
quarter after the market's close on Tuesday, as incoming Chief
Executive Carol Bartz take
the reins from co-founder Jerry Yang and attempts to right the
struggling Internet company.

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Intel's Barrett, CEO during boom, to retire as chairman
1/23/2009 4:05 PM ET
Chairman Craig Barrett, who served as the semiconductor giant's chief
executive during a period of explosive growth amid the dot-com boom,
is stepping down in May.

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Economic Outlook: Texas Instruments seen posting sales drop as
analysts turn gloomy
1/23/2009 2:16 PM ET
Texas Instruments Inc. is expected to report a 33% drop in sales and
earnings amid slumping demand and concerns about competition in the
cell-phone chip business.

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Google shares gain, with analysts favorable toward results
1/23/2009 1:41 PM ET
Shares of Google move higher, gaining ground after the search giant
reported a sharply lower fourth-quarter profit that still beat
analysts' estimates.

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Telecom Stocks: Alcatel-Lucent, Sprint, Nokia decline
1/23/2009 10:56 AM ET
Telecommunications stocks retreat once again Friday as the broader
U.S. market falls in the wake of more weak corporate earnings reports.

General Electric sees more credit losses in 2009

Date: Fri, 23 Jan 2009 12:01:24 -0500

General Electric sees more credit losses in 2009

Following one of the most traumatic market periods in its 117-year
history, General Electric Co. says it foresees more credit losses in
2009 and plans to bulk up its cash reserve to weather the current
recession.

GOOGLE'S PROFIT DECLINES AS VALUE OF INVESTMENTS SHRINKS

Google shares trade higher as investors play off fourth-quarter
financial results to which analysts react positively for the most
part.

PFIZER IN TALKS TO BUY WYETH IN BLOCKBUSTER DEAL: WSJ

Pfizer Inc. is negotiating to acquire rival drug maker Wyeth in a
blockbuster deal potentially worth more than $60 billion that could
alter the global drug industry, the Wall Street Journal reports.

CURRENCIES: BRITISH POUND PLUMMETS AS DATA SHOW DEEPER U.K. RECESSION

The pound plunges to a 23-year low against the dollar, undermined as
government data confirmed the U.K. economy fell into a deep and
potentially long-lasting recession in the final three months of 2008.

ECONOMIC REPORT: BRITAIN OFFICIALLY ENTERS FIRST RECESSION SINCE 1991

The British economy contracts sharply in the final three months of
2008, shrinking 1.5% compared to the previous quarter.

Energy: London's FTSE 100 below 4,000 as recession confirmed

Date: 23 JAN 2009 10:02:16 GMT

London's top share index falls below the key 4,000 level for the first
time since early December on Friday after GDP figures confirm that the
country is in recession.

Tech: Microsoft's weak earnings lead tech stocks into the red

Date: Thu, 22 Jan 2009 18:00:31 -0500

Tech Stocks: Microsoft's weak earnings lead tech stocks into the red
1/22/2009 4:28 PM ET
Tech stocks put in a broadly negative trading session as the overall
sector closes in the red following a slate of negative business
reports from tech giants Microsoft, Nokia and Intel.

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Google's profit slips, but company beats estimates
1/22/2009 5:59 PM ET
Google Inc. posts a sharply lower fourth-quarter profit that still
beats Wall. Street analysts' estimates for a period in which it took
over $1 billion in charges related to the plummeting value of some
strategic investments.

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AMD posts narrower loss, accuses Intel of sowing uncertainty
1/22/2009 5:36 PM ET
Advanced Micro Devices Inc. posts a narrower fourth-quarter loss,
stung by a deep drop in computer microprocessor sales in what Chief
Executive Dirk Meyer describes as an industry with poor visibility.

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Lockheed Martin grows fourth-quarter profit; 2009 view lowered
1/22/2009 5:13 PM ET
Lockheed Martin Corp. reports that fourth-quarter profit edged up 3%
as robust earnings in its technology-based segments offset a slump in
aerospace and space systems.

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With iPods selling well, Apple closes with strong gains
1/22/2009 4:11 PM ET
Shares of Apple pull back from their high point, but remain up by more
than 6% in afternoon trading after the consumer-electronics company
defied expectations by reporting upbeat quarterly results fueled by
strong sales of iPod media
players.

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Obama gets to keep 'enhanced' BlackBerry
1/22/2009 4:03 PM ET
Commander in Chief Barack Obama, a known BlackBerry addict, doesn't
have to surrender his smartphone after all.

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Microsoft reports drop in earnings, plans to lay off 5,000
1/22/2009 3:02 PM ET
Microsoft rattles investors by releasing a disappointing quarterly
earnings report and announcing that it will lay off as many as 5,000
workers, a. startling development for a company that has taken pride
in avoiding such sweeping job cuts in its roughly 33-year history.

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Telecom Stocks: Nokia, telecom stocks tumble on wireless weakness
1/22/2009 1:22 PM ET
Shares of the world's top wireless-phone maker,
Finland's Nokia Corp., sank more than 11% Thursday after issuing weak
quarterly results and a dour forecast for 2009, sending most
telecommunications stocks lower.

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AMD expected to post bigger fourth-quarter loss
1/22/2009 12:15 PM ET
Advanced Micro Devices Inc., the second largest maker of computer
microprocessors, is expected to report a bigger fourth-quarter loss as
the chip industry struggles through a severe downturn.

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Nokia losing its grip on high-end phones
1/22/2009 11:55 AM ET
LONDON Nokia Corp., the world's top mobile-phone maker, is
rapidly losing ground to rivals like Research in Motion, Apple and
even HTC at the high end and must urgently refresh its portfolio in
this lucrative segment of the market, analysts cautioned Thursday.

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A sobered Google poised to report results
1/22/2009 11:52 AM ET
Google Inc. will follow a round of layoffs and the shuttering of a
number of peripheral products by reporting fiscal fourth-quarter
results after the
market's close, and analysts are looking for the company to post an
increased profit.

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Emerging Markets Report: Korea's GDP posts sharpest drop since Asian crisis
1/22/2009 11:34 AM ET
South Korea's economy posts its sharpest deterioration since the Asian
financial crisis, highlighting how hard the region has been battered
by the global economic downturn.

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EBay shares slide on first-time earnings decline
1/22/2009 11:27 AM ET
EBay Inc. shares slide more than 10% after the online auction provider reports
disappointing revenue for the fourth quarter and warns that the current period
would also disappoint.

Markets Thursday, 01/22/2009

Date: Thu, 22 Jan 2009 17:31:02 -0500

MARKETS:
Stocks drop on banks and Microsoft
Wall Street sees red, with financial and technology issues leading the decline.

Google's profit slips, but company beats estimates

Date: Thu, 22 Jan 2009 17:01:53 -0500

Google's profit slips, but company beats estimates

Google Inc. posts fiscal fourth-quarter results that beat Wall Street
analysts'estimates, despite a stark decline in profit compared to the
period a year earlier.

OBAMA GETS TO KEEP 'ENHANCED' BLACKBERRY

Commander in Chief Barack Obama, a known BlackBerry addict, doesn't
have to surrender his smartphone after all.

THAIN RESIGNS FROM BANK OF AMERICA

Former Merrill Lynch Chief Executive John Thain resigns from Bank of America.

BAILED-OUT BANKS WILL HAVE TO DISCLOSE LENDING

Banks getting money from the government's $700 billion bailout fund
will have to explain in detail what they are doing with the money, the
incoming head of. the Treasury Department says.

MICROSOFT REPORTS DROP IN EARNINGS, PLANS TO LAY OFF 5,000

Microsoft rattles investors by releasing a disappointing quarterly
earnings report and announcing that it will lay off as many as 5,000
workers, a startling development for a company that has taken pride in
avoiding such sweeping job cuts in its roughly 33-year history.

Google reports earnings of $5.10 a share and revenue of $5.7 billion, both beating analyst projections. Stock up 2% after hours.

Date: Thu, Jan 22, 2009 at 4:05 PM

Google reports earnings of $5.10 a share and revenue of $5.7 billion,
both beating analyst projections. Stock up 2% after hours.

Wall Street ends with a selloff. Dow, Nasdaq, S&P 500 fall 1% or more as BofA shakeup and Microsoft earnings rattle investors.

Date: Thu, Jan 22, 2009 at 4:02 PM

Wall Street ends with a selloff. Dow, Nasdaq, S&P 500 fall 1% or more
as BofA shakeup and Microsoft earnings rattle investors.

Breaking News Thu., January 22, 2009

Date: Thu, 22 Jan 2009 08:42:09 -0800 (PST)

Senate Committee Approves Timothy Geithner for Treasury Secretary.

Microsoft reports drop in earnings, plans to lay off 5,000

Date: Thu, 22 Jan 2009 12:01:20 -0500
Microsoft reports drop in earnings, plans to lay off 5,000

Microsoft Corp. reports a drop in earnings for its fiscal second
quarter and announces plans to lay off as many as 5,000 workers as the
slowing economy has hurt the software giant's businesses.

BOOSTED BY STRONG IPOD SALES, APPLE SHARES RISE

Shares of Apple surge ahead of Thursday's open bell, playing off
financial results in which first-quarter profit easily top investor
expectations.

NOKIA SAYS PROFIT DROPS 69%, LOWERS 2009 VIEW

Nokia, the world's largest maker of mobile phones, generates a 69%
drop in fourth-quarter profit, reflecting waning demand during the key
holiday season, particularly in emerging markets like China.

BANK LOSSES BATTER S&P 500 EARNINGS OUTLOOKS

The bad debt rotting banks' books has sent projections for corporate
earnings diving, with S&P 500 profits now on track for a roughly 20%
drop -- significantly worse than they were at the start of the
quarter.

HOUSING STILL HEADING FOR A BOTTOM, BUT SHOULD GET THERE IN '09

Housing will not look much better at the end of this year than it does
now, but "we do expect '09 will be the bottom," the chief economist
for the National Association of Home Builders said Tuesday.

Dow tumbles over 200 points as selling accelerates amid concerns about housing and jobs.

Date: Thu, 22 Jan 2009 10:45:06 -0500

Dow tumbles over 200 points as selling accelerates amid concerns about
housing and jobs.

Nokia reports worse-than-forecast 19% sales fall

Date: Thu, 22 Jan 2009 06:06:06 -0500

Nokia reports worse-than-forecast 19% sales fall
1/22/2009 6:04:01 AM EDT

New homes starting construction in December fell by 15.5% to an annual rate of 550,000 - lowest since record keeping.

Date: Thu, 22 Jan 2009 08:35:06 -0500

New homes starting construction in December fell by 15.5% to an annual
rate of 550,000 - lowest since record keeping.

Microsoft says it will cut up to 5,000 jobs over 18 months - 1,400 immediately; reports an 11% decline in net income.

Date: Thu, 22 Jan 2009 09:08:03 -0500

Microsoft says it will cut up to 5,000 jobs over 18 months - 1,400
immediately; reports an 11% decline in net income.

Stocks tumble at the open - Dow falls 1%, Nasdaq drops 2.5%, S&P 500 slips 1% - after Microsoft announces job cuts.

Date: Thu, 22 Jan 2009 09:32:23 -0500

Stocks tumble at the open - Dow falls 1%, Nasdaq drops 2.5%, S&P 500
slips 1% - after Microsoft announces job cuts.

Tech : IBM leads sector sharply higher; Nasdaq rallies 4%

Date: Wed, 21 Jan 2009 18:00:15 -0500

Tech Stocks: IBM leads sector sharply higher; Nasdaq rallies 4%
1/21/2009 4:33 PM ET
Technology stocks rise as the sector rides big gains from IBM, which
gave a strong quarterly report and forecast for this year.

-----------------------------------------------------------------
Tech Stocks: IBM, other bellwethers lose ground by close
1/20/2009 5:14 PM ET
Technology stocks go into the red in early trading, with IBM Corp.
among the decliners ahead of its fourth-quarter earnings report, due
after the market close.

-----------------------------------------------------------------
Intel to cease operations at five facilities
1/21/2009 5:16 PM ET
SAN FRANCISCO (MarketWatch) - Intel Corp. on Wednesday said it will
stop production at five factories in a bid to consolidate
manufacturing operations in what the chip giant has described as a
period of uncertainty in the
semiconductor industry.

-----------------------------------------------------------------
EBay earnings slide in fourth quarter as forecast disappoints
1/21/2009 4:52 PM ET
EBay Inc. said Wednesday that net income fell
more than 30% during the fourth quarter as sales came under pressure
from the slowing economy and increased competition.

-----------------------------------------------------------------
Seagate swings to big quarterly loss
1/21/2009 4:44 PM ET
Seagate Technology reports a big fiscal second-quarter loss, stung by a 34%
drop in sales.

-----------------------------------------------------------------
IBM shares surge more than 11% on strong outlook
1/21/2009 4:32 PM ET
Investors got behind IBM Corp., sending the tech giant's shares up more than
11% in the hopes that Big Blue's upbeat earnings report and outlook will
deliver at least some relief for a market wracked by economic uncertainty.
-----------------------------------------------------------------
Allegheny Tech's quarterly profit falls 26%
1/21/2009 4:04 PM ET
Allegheny Technologies Inc. says Wednesday that its fourth-quarter net income
fell 26% and warns it will fall short of analyst targets in the coming period
because of rising benefit costs and a one-time expense related to falling
commodity prices.

-----------------------------------------------------------------
EBay's earnings expected to
401/21/2009 2:00 PM ET
EBay's expected to report a decline in fourth-quarter earnings Wednesday
afternoon, a reflection of the online auctioneer's struggles with a slowing
economy and growing competition.

-----------------------------------------------------------------
Sony to shut TV plant, cut 2,000 full-time jobs in Japan: report
1/21/2009 1:55 PM ET
Sony plans to close one of two television factories and cut more than 2,000
full-time jobs in Japan, according to a Japanese media report.

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Telecom Stocks: Ericsson, big phone stocks lead telecoms
1/21/2009 1:34 PM ET

Wireless-equipment maker Ericsson and big U.S. phone
companies tacked higher in Wednesday trades on the first full day of the Obama
presidency.

-----------------------------------------------------------------
Jobs' health, earnings outlook in focus when Apple reports
1/21/2009 11:57 AM ET
Apple Inc. is scheduled to report first-quarter earnings after the market
closes, and if the company wasn't dealing with enough attention surrounding the
health and status of Chief Executive Steve Jobs, it now has to prove that it
can weather the slowdown in tech spending.

-----------------------------------------------------------------
Ericsson plans 5,000 job cuts as fourth-quarter net drops 31%
1/21/2009 10:01 AM ET
Swedish telecoms equipment giant Ericsson AB on Wednesday posted a 31% drop in
fourth-quarter profit as restructuring charges and losses at its mobile phone
venture took a toll on the bottom line, but its sales rose at a time when many
competitors are struggling for survival.

-----------------------------------------------------------------
Best Buy promotes COO Brian Dunn to chief executive
1/21/2009 9:45 AM ET
Best Buy promotes company veteran President Brian Dunn to chief executive at a
time when the company is grappling with consumers' cutting back on
discretionary spending.

-----------------------------------------------------------------
Israel Stocks: Tel Aviv lower on Moody's gloomy bank view
1/21/2009 9:16 AM ET
Israeli stocks slumped broadly on Wednesday, led lower by the banks and other
financial companies, as Moody's said in a report that the "fundamental credit
outlook for the Israeli banking industry" over the next 12 to 18 months "is
negative."

Markets Wednesday, 01/21/2009

MARKETS:
Big rally on Wall Street
Stocks bounce back onÂ IBM's earnings and strength in bank stocks.

US Stocks Rise; Financials, Energy Stocks Bounce

U.S. stocks rose Wednesday as the financial sector bounced after one
of its biggest drops ever and as oil prices helped the energy sector
recover some of
its recent losses. The Dow Jones Industrial Average rose 99 points, or
0.7%, to 8046, and has spent much of the session bouncing around the
psychologically significant 8000 level. The blue-chip measure was
helped by gains in all its financial components and in International
Business Machines, which climbed 9%
after reporting strong earnings. The Dow's big losers included General
Motors, which fell 8% after reporting an 11% decline in 2008 sales and
forecasting a bleak first quarter as well.

STOCKS RISE AS ANALYSTS MULL OBAMA'S FIRST STEPS TO STEM
CRISIS

Financials stocks steer a broad market comeback after the prior day's
rout that had the sector matching its worst day ever and the Dow Jones
Industrial Average tallying its worst Inaugural Day performance in its
history.

NEW BANK-RESCUE PLAN ON TAP, TREASURY NOMINEE GEITHNER SAYS

President Obama is working on a comprehensive bank-rescue package that will be
unveiled in the next few weeks, according to Timothy Geithner, Obama's nominee
to be the nation's next Treasury secretary.

BANK STOCKS MAY FALL FURTHER IF GOVERNMENT INTERVENTION GROWS

Bank stocks may fall further, despite a 40% plunge so far this year,
some analysts say.

GM SAYS GLOBAL SALES DOWN 11% IN 2008; TOYOTA TAKES LEAD

General Motors Corp., after a seven-decade reign atop the automotive heap,
relinquishes its global sales crown to Toyota Motor Corp., as growth in
emerging markets can't overcome a sharp drop in North America.

HOUSING STILL HEADING FOR A BOTTOM, BUT SHOULD GET THERE IN '09

Housing will not look much better at the end of this year than it does
now, but "we do expect '09 will be the bottom," the chief economist
for the National Association of Home Builders said Tuesday.

Wall Street rallies. Dow, S&P and Nasdaq jump 3% or better as IBM and bank stocks lift markets.

Date: Wed, Jan 21, 2009 at 4:02 PM

Wall Street rallies. Dow, S&P and Nasdaq jump 3% or better as IBM and
bank stocks lift markets.

Breaking News Wed., January 21, 2009

Date: Wed, Jan 21, 2009 at 4:25 PM

President Obama To Sign Executive Order Thursday to Close Gitmo Within
a Year [4:20 p.m. ET]

Obama freezes salaries of senior White House staff, tightens lobbying rules

Date: Wed, 21 Jan 2009 13:27:51 -0500

Obama freezes salaries of senior White House staff, tightens lobbying rules
1/21/2009 1:25:28 PM EDT

Stocks rise as analysts mull Obama's first steps to stem crisis

Date: Wed, 21 Jan 2009 12:01:10 -0500

Stocks rise as analysts mull Obama's first steps to stem crisis

Financials stocks steer a broad market comeback after the prior day's
rout that had the sector matching its worst day ever and the Dow Jones
Industrial Average tallying its worst Inaugural Day performance in its
history.

TREASURY NOMINEE GEITHNER PLEDGES TARP REFORM

Timothy Geithner, President Obama's nominee for the post of Treasury
Secretary, promises top-to-bottom reform of the government's financial
market rescue plan.

GM SAYS GLOBAL SALES DOWN 11% IN 2008; TOYOTA TAKES LEAD

General Motors Corp., after a seven-decade reign atop the automotive
heap, relinquishes its global sales crown to Toyota Motor Corp., as
growth in emerging markets can't overcome a sharp drop in North
America.

UNITED TECH'S FOURTH-QUARTER PROFIT EDGES UP 8% ON AEROSPACE

NEW YORK (MarketWatch) -- United Technologies Corp. said Wednesday its
fourth-quarter net income rose 8% as a robust aerospace market offset
a falloff in construction-related demand for its elevators, air
conditioning and building-security products.

FUTURES MOVERS: CRUDE-OIL FUTURES RISE ABOVE $41 A BARREL

Crude-oil futures rise above $41 a barrel early Wednesday, buoyed by
signs that the OPEC cartel is implementing cuts in its oil output.

HOUSING STILL HEADING FOR A BOTTOM, BUT SHOULD GET THERE IN '09

Housing will not look much better at the end of this year than it does
now, but "we do expect '09 will be the bottom," the chief economist
for the National Association of Home Builders said Tuesday.

Stocks surge at open, following a better-than-expected outlook from IBM and Obama's vow to tackle the financial crisis.

Date: Wed, 21 Jan 2009 09:34:02 -0500

Stocks surge at open, following a better-than-expected outlook from
IBM and Obama's vow to tackle the financial crisis.

International

Date: Tue, 20 Jan 2009 20:01:07 -0500
TOP STORIES as of 0900 HKT -- 21 January, 2009

OBAMA: A NEW WAY FORWARD
Barack Obama uses his inaugural speech as 44th president to
deliver a hopeful but sobering assessment of what America can
become. The first African-American promised "a new way forward
based on mutual interest" to Muslims. To terrorists, he warned:
"You cannot outlast us, and we will defeat you."

WORLD (MOSTLY) CELEBRATES OBAMA'S DAY
Barack Obama's inauguration as the 44th U.S. President has been
accompanied by celebrations around the world.

TED KENNEDY COLLAPSES AT INAUGURAL LUNCH
Senator Ted Kennedy, D-Massachusetts, collapsed Tuesday
afternoon during a luncheon held for President Barack Obama in
the Capitol's Statuary Hall, a senator siad.

OBAMA PRAISED BY WORLD LEADERS
Members of the international community have welcomed Barack
Obama becoming the 44th President of the United States -- and
the first African-American to take leadership of his country.

OBAMA PROMISES BOLD ACTION ON ECONOMY
President-elect Barack Obama's inaugural address is one of the
most anticipated speeches in decades, with many expecting his
words to be chiseled into marble some day.

CHANGE WAS QUICK AT WHITE HOUSE WEB SITE
In keeping with the theme that swept President Obama into the
Oval Office, change has come to the official White House Web
site.

107-YEAR-OLD: HOPED IT WOULD HAPPEN IN MY TIME
Ann Nixon Cooper craned her neck and leaned her head forward. On
the television set across the room, Barack Obama moved forward
and put his hand on the Bible.

COMMENTARY: OBAMA THE KIND OF HERO WE NEED
President Barack Obama, our newly inaugurated 44th president,
showed the millions watching around the world and the freezing
millions there in person on the Mall why he won the election --
and why so many believe he can lead us in these troubled times.

-------------------------------------------
BUSINESS

OBAMA SPENDING PLAN WORRIES U.S. MARKETS
U.S. markets slipped Tuesday on banking concerns and as traders
also faced up to expected rises in government debt. With the
government deficit already exceeding $1 trillion, the rescue
plan that Obama has been touting will mean the government
auctioning off a tremendous volume of debt -- which makes
government bonds unattractive.

FIAT JOINS FORCES WITH AILING CHRYSLER
Italian car giant Fiat is joining forces with ailing U.S.
automaker Chrysler, the two companies say, in a move that will
give Fiat a large stake in one of the Big Three while supplying
Chrysler with access to new technology.

RUSSIA RESUMES GAS FLOW TO EUROPE
Russian energy giant Gazprom resumes pumping natural gas to
Europe via Ukraine, a Gazprom spokesman tells CNN. The long
dispute over gas payments was resolved after meetings between
Russia and Ukraine, negotiations Ukrainian Prime Minister Yulia
Tymoshenko described as "difficult."

Tech: IBM, other bellwethers lose ground by close

Date: Tue, 20 Jan 2009 18:00:14 -0500

Tech Stocks: IBM, other bellwethers lose ground by close
1/20/2009 5:14 PM ET
Technology stocks go into the red in early trading, with IBM Corp.
among the decliners ahead of its fourth-quarter earnings report, due
after the market close.

-----------------------------------------------------------------
Search ad spending takes rare slide in quarter
1/20/2009 5:26 PM ET
Spending on Internet search advertising, a corner of the market widely
seen as relatively sheltered from the economic downturn, fell 8% in
the fourth quarter of last year, according to a report.

-----------------------------------------------------------------
IBM posts earnings rise, sees strong growth in 2009
1/20/2009 5:21 PM ET
IBM Corp. reports fiscal fourth-quarter profit rose 12% from the
year-ago period and says it expects its earnings for 2009 to exceed
analysts' estimates.

-----------------------------------------------------------------
Analog Devices cuts sales outlook due to weak demand
1/20/2009 5:05 PM ET
Analog Devices Inc. on Tuesday said it has cut
its sales outlook for the first quarter due to weaker demand amid the
global downturn.

-----------------------------------------------------------------
Qualcomm acquires AMD's assets in $65 million deal
1/20/2009 4:59 PM ET
Qualcomm Inc. has acquired the assets that once
made up Advanced Micro Devices Inc.'s handheld business in a $65
million deal that's expected to help boost the cell phone chip maker'
multimedia capabilities.

-----------------------------------------------------------------
Mexico's Slim to invest $250 million in New York Times
1/20/2009 4:26 PM ET
New York Times Co. reaches an agreement under which companies backed
by the Mexican telecom investor Carlos Slim will invest $250 million
and could boost their holding, helping the New York media company
reduce its debt and strengthen its finances.

-----------------------------------------------------------------
Seeking to cut costs, Google ends print ads service
1/20/2009 3:43 PM ET
Google Inc. says it's discontinuing its print advertisements program,
a fledgling service that didn't mesh with the Internet company's new
focus on austerity amid the economic downturn.

-----------------------------------------------------------------
Incremental gains seen in netbooks: Bernstein analyst
1/20/2009 3:18 PM ET
The market for ultraportable laptop computers, also known as netbooks,
is seen as having some of the best potential for the PC market, but is
not likely to overwhelm the sector soon, according to a recent report.

-----------------------------------------------------------------
IBM seen remaining steady with earnings report
1/20/2009 11:16 AM ET
IBM Corp. is scheduled to deliver its fourth-quarter earnings report
after the market closes, and analysts are remaining cautious regarding
the outlook for the tech bellwether.

-----------------------------------------------------------------
Israel Stocks: Market steady; Teva in venture with Lonza
1/20/2009 10:49 AM ET
Israeli stocks closed little changed on Tuesday,
never having drifted far from the flat line, with the banks and Israel
Chemicals weaker and real estate fleshing green.

-----------------------------------------------------------------
Earnings Outlook: Nokia's quarterly results to show weak demand
1/20/2009 10:24 AM ET
Nokia Corp., the world's largest maker of mobile phones, is expected
on Thursday to report further weakness in global demand for handsets
as consumers in Western countries take longer to replace old phones
and as potential buyers in emerging markets simply can't afford them.

Markets Tuesday, 01/20/2009

Date: Tue, 20 Jan 2009 17:31:05 -0500

MARKETS:
Stocks battered on recession fears
Wall Street closes at the lowest point since late November as economic
worries trump enthusiasm about the inauguration of President Barack
Obama.

Banks battered as sector matches worst day ever

Date: Tue, 20 Jan 2009 17:01:48 -0500

Banks battered as sector matches worst day ever

U.S. financial stocks are led lower by State Street Corp.'s losing
more than half its market value after the firm unveils a 71% drop in
earnings.

BANK OF AMERICA NEEDS MORE THAN $80 BILLION IN CAPITAL: FBR

Bank of America needs more than $80 billion in new common equity
capital to support the huge amount of assets on its balance sheet, an
analyst says.

MARKET SNAPSHOT: OBAMA INHERITS BATTERED MARKET; DOW DIPS BELOW 8,000

With financial stocks dragging down equities as George W. Bush exits
Washington, the market's declines are emblematic of the fact that
Barack Obama's new administration is starting from behind, at least in
terms of annualized stock-return performance.

OBAMA SAYS AMERICANS WILL MEET CHALLENGES OF WAR, ECONOMY

The new commander in chief calls on Americans to take part in a "new
era of responsibility" to meet the challenges facing the United States
at home and abroad after being sworn in as the 44th president.

Wall Street takes inaugural drubbing. Dow drops below 8,000 to 2-month low. Nasdaq, S&P 500 each drop more than 5%.

Date: Tue, 20 Jan 2009 16:02:07 -0500

Wall Street takes inaugural drubbing. Dow drops below 8,000 to 2-month
low. Nasdaq, S&P 500 each drop more than 5%.

Dow drops below 8,000 to two-month low as investors look beyond Obama's historic inauguration to the battered economy he inherits.

Date: Tue, 20 Jan 2009 15:12:05 -0500

Dow drops below 8,000 to two-month low as investors look beyond
Obama's historic inauguration to the battered economy he inherits.

State Street shares cut in half after company outlines new risks

Date: Tue, 20 Jan 2009 12:01:12 -0500

State Street shares cut in half after company outlines new risks

State Street Corp.'s stock falls 50% on Tuesday on concerns the
company may have to bring troubled investment vehicles onto its
balance sheet, a move that could force it to raise capital and
potentially dilute shareholders.

MOVERS & SHAKERS: TUESDAY'S BIGGEST GAINING AND DECLINING STOCKS

Big movers in U.S. trade include Citi, Noble Energy and State Street.
OBAMA TO BE SWORN IN AS 44TH PRESIDENT ON HISTORIC DAY

Capping a history-making run for the White House, President-elect
Barack Obama will take the oath of office at noon on Tuesday and
become the first African-American president of the United States
before a massive crowd in the nation's capital.

FUTURES MOVERS: OIL SWINGS AS FRONT-MONTH CONTRACT EXPIRES

Crude-oil futures swing between gains and losses, as investors make
last-minute trading decisions before the front-month contract expires
later today.

MEXICO'S SLIM TO INVEST $250 MILLION IN NEW YORK TIMES

New York Times Co. reached an agreement under which companies backed
by the Mexican telecom investor Carlos Slim will invest $250 million
and could boost their holding, helping the New York media company
reduce its debt and strengthen its finances.

Dow tumbles to session low - down over 200 points - immediately following President Obama's inaugural address.

Date: Tue, 20 Jan 2009 12:32:18 -0500

Dow tumbles to session low - down over 200 points - immediately
following President Obama's inaugural address.

Breaking News: Barack Obama sworn in as 44th president

Date: Tue, 20 Jan 2009 11:11:58 -0600

WASHINGTON (AP) - Barack Obama was sworn in Tuesday as the 44th U.S.
president, shattering racial barriers to become the first black leader
of a country gripped by profound economic troubles and at war in two
distant lands.

In his inaugural speech as prepared for delivery, Obama asked
Americans for a renewed commitment to service.

"What is required of us now is a new era of responsibility - a
recognition, on the part of every American, that we have duties to
ourselves, our nation, and the world, duties that we do not grudgingly
accept but rather seize gladly, firm in the knowledge that there is
nothing so satisfying to the spirit, so defining of our character,
than giving our all to a difficult task."

Stocks open flat on Inauguration Day as worries about the health of the banking sector offset enthusiasm over new administration.

Date: Tue, 20 Jan 2009 09:31:04 -0500

Stocks open flat on Inauguration Day as worries about the health of
the banking sector offset enthusiasm over new administration.

Market Monday, 01/19/2009

MARKETS:
Wall Street's inauguration rally
Investor euphoria could propel stocks this week, but the longer-term
outlook is less upbeat.

Oil falls on gas deal, Gaza cease-fire
Crude oil eases as Russian gas supply concerns let up, but the
weakening global economy continues to hurt demand.

N.Y. Times, Mexican telecom exec Slim talk investment: Journal

Date: Mon, 19 Jan 2009 12:01:17 -0500
N.Y. Times, Mexican telecom exec Slim talk investment: Journal

New York Times Co. is in talks under which the Mexican
telecommunications investor Carlos Slim would invest in the publisher,
possibly through an issue of preferred stock, people familiar with the
matter told The Wall Street
Journal.

RICHEMONT POSTS 7% DROP IN QUARTERLY SALES; SEES NO RECOVERY

Compagnie Financiere Richemont SA, the world's largest jewelry group,
reports a 7% drop in third-quarter sales and says current market
conditions are the toughest it's seen since its creation 20 years ago.

LONDON MARKETS: U.K. BANKS SLAMMED IN LONDON; RBS SHARES PLUNGE 63%

London shares slammed as Royal Bank of Scotland stocks fall over 60%.

IRWIN KELLNER: OBAMA SHOULD ENCOURAGE SPENDING IN SPEECH

When it comes to the economy, Barack Obama should use his inaugural
address to set the stage for some bold initiatives. To be successful,
he must walk the line between not mincing words on how bad the economy
is, and being so pessimistic that he talks the financial markets into
another swoon.

Energy: Bank help European shares advance; Barclays shares soar

Date: 19 JAN 2009 08:52:50 GMT

European shares move higher, with banks advancing after the U.K.
government announces a new package of measures to support the
country's financial system and Barclays reassured on profit trends.

Energy: Ukraine, Russia reportedly reach deal on natural gas

Date: 18 JAN 2009 16:08:14 GMT

Russia and Ukraine say they've reached a deal to resume the
distribution of natural gas to Europe, ending a dispute that has
disrupted the gas flow for about two weeks, hampering economic
activity and leaving some people unable to heat their homes.

Energy: U.S. 4th-quarter VC funding fell 30% to lowest total in 3 years

Date: 18 JAN 2009 09:02:09 GMT

Venture-capital investment in U.S. companies fell 30% in the fourth
quarter, with the total marking the lowest quarterly VC investment in
three years and information technology in particular recording the
lowest investment since 1998, Dow Jones Venture Source reported.

Tech: Intel gains help lift tech sector at market close

Date: Fri, 16 Jan 2009 15:16:42 -0800 (PST)

Tech Stocks: Intel gains help lift tech sector at market close
1/16/2009 4:21 PM ET
Tech stocks turn in a largely upbeat performance as Intel Corp. and
IBM Corp. help the sector break free from earlier losses and end the
day with broad gains.
-----------------------------------------------------------------
Time Warner holders OK reverse stock split
1/16/2009 4:43 PM ET
Time Warner shareholders voted Friday to authorize a reverse stock
split of either 1-to-2 or 1-to-3 once the separation of Time Warner
Cable has been completed.
-----------------------------------------------------------------
AMD to cut 1,100 jobs, slash executive and staff salaries
1/16/2009 4:24 PM ET
The chip maker plans to cut its workforce by 9%, or roughly 1,100
positions, in the first quarter as it struggles to lower costs in an
economic downturn.
-----------------------------------------------------------------
Intel shares rise as analysts anticipate turnaround
1/16/2009 4:17 PM ET
Intel Corp. shares rise despite the chip maker reporting a huge drop
in quarterly profit as analysts anticipate the market bottom for a
tech giant wit a history of surviving downturns.
-----------------------------------------------------------------
Europe objects to Microsoft's browser bundling
1/16/2009 3:40 PM ET
European antitrust regulators have told Microsoft that the company's
practice of including its Internet browser with its popular Windows
operating system violates European competition law.
-----------------------------------------------------------------
Earnings Outlook: EBay expected to see earnings decline in fourth
quarter
1/16/2009 2:52 PM ET
The online auctioneer, which is trying to restructure its business in
the middle of an economic recession, faces a relatively dim outlook
for its fourth-quarter earnings report next week.
-----------------------------------------------------------------
Earnings Outlook: After weeks of gloomy rumors, Microsoft to address
Wall Street
1/16/2009 2:36 PM ET
Following weeks of speculation that Microsoft Corp. may take the
unusual step of cutting jobs to grapple with the down economy, the
company is expected to post fiscal second-quarter financial results
after market's close on Thursday.
-----------------------------------------------------------------
Earnings Outlook: Google expected to see profit gain despite economy
1/16/2009 1:49 PM ET
Google Inc. will follow news of its first-ever round of layoffs with a
fiscal fourth-quarter earnings report on Thursday, as a number of
analysts have recently reduced their expectations for the company's
performance in the period.
-----------------------------------------------------------------
Telecom Stocks: Telecoms fade after early advances
1/16/2009 1:46 PM ET
Early gains fizzled and most telecommunications
stocks were flat to lower in Friday action, just days ahead of the
inauguration of President-elect Barack Obama.
-----------------------------------------------------------------
Circuit City to liquidate, adding to U.S. job losses
1/16/2009 1:43 PM ET
After failing to secure financing from creditors and lenders, bankrupt
electronics vendor Circuit City will liquidate, joining the list of
retailers like Linens 'n Things that are closing up shop due to the
economic downturn.
-----------------------------------------------------------------
Earnings Outlook: Steadiness, caution expected with IBM report
1/16/2009 11:31 AM ET
IBM Corp. is slated to report fourth-quarter earnings on Tuesday, and
analysts are largely expecting Big Blue to provide some welcome, if
only temporary, steadiness to a tech sector that has become rife with
disappointing quarterly results and weak outlooks.
-----------------------------------------------------------------
Before the Bell: Citigroup, Bank of America, Intel in the spotlight
1/16/2009 8:37 AM ET
Stock market futures pointed to a second day of gains Friday as the
U.S. government injected capital into Bank of America and guaranteed
assets at Citigroup after heavy losses for both firms.
-----------------------------------------------------------------
Sony Ericsson posts second straight quarterly loss
1/16/2009 6:10 AM ET
Sony Ericsson Mobile Communications reports its second-straight
quarterly loss as sales slump on weaker consumer demand and it takes
charges for job cuts.
-----------------------------------------------------------------
Samsung to restructure into 2 business units
1/15/2009 11:34 PM ET
South Korean electronics giant Samsung Electronics announced Friday an
operational and management shakeup that will see the world's largest
maker of memory chips and liquid crystal display panels restructure
into two operating
divisions, according to a published report.
-----------------------------------------------------------------
Video game sales beat estimates for December
1/15/2009 9:15 PM ET
Despite the slumping national economy, sales of video games still
managed to beat Wall Street's expectations for the month of December,
thanks mostly to
strong demand for Nintendo devices.

--
Posted By tamjohnhan to johnhan at 1/16/2009 06:16:00 PM

Markets Friday, 01/16/2009

Date: Fri, 16 Jan 2009 17:31:03 -0500

MARKETS:
Stocks stage comeback
Wall Street gains at the end of a choppy session.

Bank of America's dividend cut one of many facing investors

Date: Fri, 16 Jan 2009 17:01:34 -0500

Bank of America's dividend cut one of many facing investors

The financial companies behind much of the trauma clobbering the
broader markethave S&P 500 investors in 2009 facing the worst picture
for dividends in at least half a century.

2008 FOOD INFLATION HIGHEST SINCE 1980, WITH MORE HIKES ON WAY

Grocery-store food prices jumped 6.6% in 2008, the largest annual
spike since 1980, the Labor Department said Friday.

CIRCUIT CITY TO LIQUIDATE, ADDING TO U.S. JOB LOSSES

After failing to secure financing from creditors and lenders, bankrupt
electronics vendor Circuit City will liquidate, joining the list of
retailer like Linens 'n Things that are closing up shop due to the
economic downturn.

CITI TO OPERATE TWO UNITS, SPLIT BANK FROM TOXIC ASSETS

Citigroup is realigning into two businesses, in effect reverting back
to its operations before Sandy Weill and his team turned the company
into a "financial supermarket" over the last decade.

TREASURY PUTS OUT BAILOUT CEO PAY PACKAGE RULES

Treasury puts out bailout CEO pay package rules.

Stocks stage a late-day rally, with the Dow closing up 60 after BofA got another bailout and Citi unveiled plans to split.

Date: Fri, 16 Jan 2009 16:02:19 -0500

Stocks stage a late-day rally, with the Dow closing up 60 after BofA
got another bailout and Citi unveiled plans to split.

Dow industrials up 90 points near Friday's close

Date: Fri, 16 Jan 2009 15:54:12 -0500

Dow industrials up 90 points near Friday's close
1/16/2009 3:52:15 PM EDT

Circuit City, which has 30,000 workers at 567 stores, seeks court OK to liquidate after failing to reach deal with creditors.

Date: Fri, 16 Jan 2009 11:14:05 -0500

Circuit City, which has 30,000 workers at 567 stores, seeks court OK
to liquidate after failing to reach deal with creditors.

NTSB agents arrive to investigate ditched US Airways flight

Date: Fri, 16 Jan 2009 12:01:11 -0500

NTSB agents arrive to investigate ditched US Airways flight

As the pilot of a US Airways jet that splashed down in the Hudson
River wins accolades, National Transport Safety Board investigators
arrive to begin their inquiry into the crash Thursday afternoon.

CITI, B. OF. A. RESULTS HAMMERED BY CRISIS

Citigroup unveils plans to dismantle more of its financial-services
empire and Bank of America says it will get billions of dollars in new
government support.

CITI TO OPERATE TWO UNITS, SPLIT BANK FROM TOXIC ASSETS

Citigroup Inc said it will realign into two businesses, Citicorp and Citi
Holdings, in effect reverting back to running a banking business
similar to its operations before Sandy Weill and his team turned the
firm into a financial supermarket over the last decade.

ECONOMIC REPORT: CONSUMER PRICES SHOW SMALLEST GAIN IN 54 YEARS

In another sign of the depth of the global economic slowdown, U.S.
consumer prices rises just 0.1% in 2008, the smallest increase in 54
years.

INTEL SHARES RISE AS ANALYSTS ANTICIPATE TURNAROUND

Intel Corp. shares rise despite the chip maker reporting a huge drop
in quarterly profit as analysts anticipate the market bottom for a
tech giant with
a history of surviving downturns.

Citigroup reports quarterly loss of $8.3B - much worse than expected. Says it will split into 2 businesses - a bank and a brokerage.

Date: Fri, 16 Jan 2009 06:05:06 -0500

Citigroup reports quarterly loss of $8.3B - much worse than expected.
Says it will split into 2 businesses - a bank and a brokerage.

Bank of America quarterly loss was $1.8B. In addition, Merrill lost $15.3B, and BoA announced a $20B bailout.

Date: Fri, 16 Jan 2009 06:17:08 -0500

Bank of America says it lost $1.8B in quarter. In addition, Merrill
lost $15.3B, and BoA announced a $20B bailout.

Increase in consumer prices in 2008 is smallest in 54 years; CPI down in December

Date: Fri, 16 Jan 2009 08:34:04 -0500

Increase in consumer prices in 2008 is smallest in 54 years; CPI down
in December
1/16/2009 8:32:04 AM EDT

U.S. industrial production falls 2% in December, 11.5% in fourth quarter

Date: Fri, 16 Jan 2009 09:19:07 -0500

U.S. industrial production falls 2% in December, 11.5% in fourth quarter
1/16/2009 9:17:17 AM EDT

Consumer prices fell 0.7% in December - 3rd straight month of declines - on sharp drop in energy costs, government says.

Date: Fri, 16 Jan 2009 08:34:03 -0500

Consumer prices fell 0.7% in December - 3rd straight month of declines
- on sharp drop in energy costs, government says.

Stocks open higher as another government bailout of Bank of America offsets dismal quarterly results from BofA and Citigroup.

Date: Fri, 16 Jan 2009 09:31:02 -0500

Stocks open higher as another government bailout of Bank of America
offsets dismal quarterly results from BofA and Citigroup.

Tech: Palm, Amazon jump as techs close with gains

Date: Thu, 15 Jan 2009 18:00:11 -0500

Tech Stocks: Palm, Amazon jump as techs close with gains
1/15/2009 4:51 PM ET
Most technology stocks bounce back to positive territory by the close
of trading, powered by Palm Inc. and Amazon.com.

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Yahoo shares slip, as CEO not 100% sold on deal
1/15/2009 4:44 PM ET
Shares of Yahoo fall faster than the broader market, following news
that the company's new chief executive may be reluctant to reach a
search-business deal with Microsoft.

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New Yahoo CEO Bartz to receive $1 million salary
1/15/2009 4:40 PM ET
Newly-appointed Yahoo Inc. Chief Executive Carol Bartz has signed a
four-year agreement with the company that will pay her an annual base
salary of $1 million, according to a regulatory filing Thursday.

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Intel posts 90% drop in fourth-quarter net profit
1/15/2009 4:38 PM ET
SAN FRANCISCO (MarketWatch) - Intel Corp. on Thursday reported a 90%
drop in fourth-quarter net profit as the chip giant navigated what
Chief Executive Paul Otellini said was an uncertain market
environment.

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Investors, analysts sound cautious on Jobs' medical leave
1/15/2009 4:26 PM ET
Apple shares stumble as Steve Jobs hands off day-to-day CEO
responsibilities, with analysts wondering whether the visionary leader
will return.
-----------------------------------------------------------------
Earnings Outlook: Caution and change surround Apple's quarterly report
1/15/2009 2:12 PM ET
With Chief Executive Steve Jobs going out on medical leave for the
next five months, there is a definite sense of change going around
Apple as the company prepares to deliver its fiscal first-quarter
report .

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Motorola to post loss, cut 4,000 jobs, as sales slump
1/15/2009 2:01 PM ET
The blows keep coming at Motorola, the wireless-technology bellwether
that continues to grapple with declining sales and heightened
competition from smart phones.

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Earnings Outlook: AMD expected to report a bigger fourth-quarter loss
1/15/2009 1:25 PM ET
Advanced Micro Devices is expected to report a bigger loss in the
fourth quarter as the chip industry reels from a severe slump marked
by a steep decline in demand for personal computers.

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Earnings Outlook: Intel expected to report big drop in revenue, earnings
1/15/2009 12:34 PM ET
Analysts will look beyond Intel's 23% projected drop in fourth-quarter
sales for clues as to the ongoing impact of the global economic
downturn on the tech industry, but this may well prove a futile
effort. "Don't expect much in terms of guidance," says one. The
world's biggest chip maker reports financial results after the bell
Thursday.

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Retailers, losing traffic, maximize on those already inside
1/15/2009 12:04 PM ET
If consumers have lost their appetite to shop with store traffic in
free-fall, what should a retailer do? That was among the questions
being raised at the retail industry's biggest annual event.

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Autodesk to miss earnings target, cut 750 jobs
1/15/2009 11:24 AM ET
Autodesk lowers its fourth-quarter forecast, plans to cut about 10% of
its workforce and says it's spinning off a business, as it moves to
lower its expenses in a tough economy.

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Xilinx shares jump on 35% profit gain
1/15/2009 11:19 AM ET
Shares of Xilinx Inc. rise after the chip maker reports a 35% jump in
fiscal third-quarter net profit.

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Israel Stocks: Tel Aviv ends mainly higher; banks mull fine, techs retreat
1/15/2009 11:03 AM ET
Israeli stocks mainly gain ground, with a few key blue chips on the
rise and real-estate companies trading strong but with technology
bucking the bullish trend.

Markets Thursday, 01/15/2009

Date: Thu, 15 Jan 2009 17:31:03 -0500

MARKETS:
Bank-rescue hopes buoy stocks
Wall Street stages a snapback rally after major gauges touch two-month lows.

US Airways plane crashes into Hudson River in New York

Date: Thu, 15 Jan 2009 17:01:30 -0500

US Airways plane crashes into Hudson River in New York

US Airways flight 1549 on its way to Charlotte, N.C., has crashed into
the Hudson River off New York City.

INTEL POSTS 90% DROP IN FOURTH-QUARTER NET PROFIT

Intel Corp. on Thursday reported a 90% drop in
fourth-quarter net profit as the chip giant navigated what Chief
Executive Paul Otellini said was an uncertain market environment.

MORTGAGES: BENCHMARK 30-YEAR MORTGAGE FALLS BELOW 5% FOR FIRST TIME

The benchmark 30-year mortgage fell below 5% for the first time ever
in Freddie Mac's weekly rate survey as economic weakness continued to
push interest rates lower, the mortgage agency said.

BANK OF AMERICA REPORTEDLY TO GET BILLIONS FROM WASHINGTON

Bank of America shares lose more than a quarter of their value
Thursday and trade at 17-year lows after a report that the government
is dipping into its $700 billion bailout war chest to help the firm
digest its acquisition of Merrill Lynch & Co

ECB TO PAUSE NEXT MONTH AFTER REDUCING RATES TO 2%

European Central Bank President Jean-Claude Trichet signaled that
policy makers will likely take a breather in February after cutting
the euro-zone's key lending rate another half-point on Thursday to
match an all-time low of 2%.

Stocks stage a comeback with the Dow closing up slightly after falling 200 points on renewed fears about the shaky banking sector.

Date: Thu, 15 Jan 2009 16:02:09 -0500

Stocks stage a comeback with the Dow closing up slightly after falling
200 points on renewed fears about the shaky banking sector.

Benchmark 30-year mortgage falls below 5% for first time

Date: Thu, 15 Jan 2009 12:01:09 -0500
Benchmark 30-year mortgage falls below 5% for first time

The benchmark 30-year mortgage fell below 5% for the first time ever
in Freddie Mac's weekly rate survey as economic weakness continued to
push interest rates lower, the mortgage agency said.

J.P. MORGAN PROFIT FALLS MORE THAN 75%

J.P. Morgan Chase says fourth-quarter profit falls 77.6% amid
continuing write-downs and a deteriorating consumer environment.

BANK OF AMERICA REPORTEDLY TO GET BILLIONS FROM WASHINGTON

Bank of America shares lost more than a quarter of their value
Thursday and traded at 17-year lows after a report that the government
is dipping into its $700 billion bailout war chest to help the firm
digest its acquisition of Merrill Lynch & Co.

INVESTORS, ANALYSTS SOUND CAUTIOUS ON JOBS' HEALTH ISSUES

News that Apple's CEO is going on medical leave send the company's
shares down as much as 6% as analysts fret about succession planning
under the visionary tech leader.

ECB TO PAUSE NEXT MONTH AFTER REDUCING RATES TO 2%

European Central Bank President Jean-Claude Trichet signaled that
policy makers will likely take a breather in February after cutting
the euro-zone's key lending rate another half-point on Thursday to
match an all-time low of 2%.

European Central Bank chops rates by a half-point to 2%

Date: Thu, 15 Jan 2009 07:48:13 -0500

European Central Bank chops rates by a half-point to 2%
1/15/2009 7:46:24 AM EDT

First-time jobless claims up 54,000 last week; U.S. continuing claims at 4.5 million

Date: Thu, 15 Jan 2009 08:33:50 -0500

First-time jobless claims up 54,000 last week; U.S. continuing claims
at 4.5 million
1/15/2009 8:32:04 AM EDT

Stocks open flat after JPMorgan Chase reports a surprise profit and investors digest grim economic data.

Date: Thu, 15 Jan 2009 09:32:06 -0500

Stocks open flat after JPMorgan Chase reports a surprise profit and
investors digest grim economic data.

Tech : Flextronics, Palm and AMD among decliners as sector tumbles

Date: Wed, 14 Jan 2009 18:00:11 -0500

Tech Stocks: Flextronics, Palm and AMD among decliners as sector tumbles
1/14/2009 4:13 PM ET
Most technology stocks sink sharply, including Flextronics, Palm Inc.
and AMD, as the broader market retreats on news of dismal retail sales
in December.

-----------------------------------------------------------------
Apple's Jobs to take medical leave of absence
1/14/2009 5:54 PM ET
Apple Inc. Chief Executive Steve Jobs says that because of his health
issues he will take a medical leave of absence from the company until
the end of June.

-----------------------------------------------------------------
Gartner says PC sales barely grew in fourth quarter
1/14/2009 5:42 PM ET
Although personal computer sales managed to increase in the fourth
quarter of 2008, the worldwide economic slowdown resulted in the
weakest year-over-year growth rates in six years, the technology
research firm Gartner Inc. says.

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Motorola to lay off another 4,000 workers, warns of loss
1/14/2009 5:12 PM ET
Motorola Corp. says that it expects to incur a loss in the fourth
quarter and will lay off an additional 4,000 workers in a continuing
effort to bring its costs under control.

-----------------------------------------------------------------
Xilinx reports 35% profit rise, but lower sales
1/14/2009 5:00 PM ET
Xilinx Inc. reports a 35% jump in net profit in its fiscal third
quarter, even as the chip maker's sales fell as the company reeled
from the overall market slump.
-----------------------------------------------------------------
Seagate to shed almost 3,000 jobs and will cut salaries
1/14/2009 4:07 PM ET
Seagate Technology said Wednesday it would cut about 6% of its
worldwide workforce and lower the salaries of its top officers by as
much as 25% as part of a restructuring plan by the world's top maker
of computer hard-disk drives.

-----------------------------------------------------------------
Flextronics' shares entangled in Nortel's bankruptcy
1/14/2009 4:06 PM ET
Nortel's Chapter 11 bankruptcy carries repercussions for electronics
contract manufacturer Flextronics, shares of which fall as much as
16%.

-----------------------------------------------------------------
Wall Street cheers new Yahoo CEO Carol Bartz
1/14/2009 3:46 PM ET
Yahoo Inc.'s move to name Carol Bartz as CEO largely draws praise from
Wall Street analysts, who hope the longtime Silicon Valley veteran can
revive the company's sagging fortunes.

-----------------------------------------------------------------
Oracle saddled with monument to tough times
1/14/2009 3:27 PM ET
A towering edifice acquired by Oracle last year when it bought BEA
Systems remains a hollow shell, underscoring both the current economic
crisis and this San Jose's unfulfilled desire for a corporate hub
befitting its self-appointed status as the "capital of Silicon
Valley."

-----------------------------------------------------------------
Nortel files for bankruptcy protection
1/14/2009 12:36 PM ET
Nortel, once the largest company in Canada, files for bankruptcy
protection, victimized by the deepening economic slump.

-----------------------------------------------------------------
Israel Stocks: Tel Aviv lower for third day; banks accused of collusion on fees
1/14/2009 9:38 AM ET
Israeli stocks fail to hold the line on hold early gains, trending
lower on weakness in the banking sector as well as in shares of Israel
Chemicals and selected technology issues.

-----------------------------------------------------------------
Satyam appoints KPMG and Deloitte as new auditors
1/14/2009 2:35 AM ET
Satyam Computer Services' new board appointed KPMG and Deloitte Touche
Tohmatsu as the company's auditors, replacing PricewaterhouseCoopers,
according to reports.

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Toshiba in talks to buy Fujitsu's hard-disk business
1/13/2009 10:46 PM ET
Japan's Toshiba Corp. is in the final stages of talks to buy Fujitsu's
hard-disk drive business for 30 to 40 billion yen ($333 to $444
million), according to a media report Wednesday.

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Rackable Systems cuts '08 view, and employees
1/13/2009 9:33 PM ET
Server and storage technology company Rackable Systems Inc. said late
Tuesday it has reduced its expectations for its financial results for
2008, helping send its shares nearly 10% lower in late trading.

Markets Wednesday, 01/14/2009

Date: Wed, 14 Jan 2009 17:31:03 -0500

MARKETS:
Another bad day for the Dow
Blue-chip measure down for 6th straight day as investors lament weak
retail sales and dismal banking news.

Apple's Jobs to take medical leave of absence

Date: Wed, 14 Jan 2009 17:01:24 -0500

Apple's Jobs to take medical leave of absence

Apple Inc. Chief Executive Steve Jobs says that because of his health
issues he will take a medical leave of absence from the company until
the end of June.

MARKET SNAPSHOT: ENERGY SHARES SEND U.S. STOCKS TO DECEMBER LOWS

Energy and financial shares pace a broad market slide after downbeat
December retail sales offer the latest confirmation of a deepening
recession.

CAPITOL REPORT: FAULT LINES EMERGE AT FED

Key fault lines are emerging at the Federal Reserve over the central
bank's journey into uncharted monetary policy.

AFTER BROKERAGE DEAL, CITI MAY REDUCE ITS SIZE BY ONE-THIRD

Following a blockbuster brokerage deal with Morgan Stanley,
Citigroup's set to unveil a sweeping plan to unload several businesses
and reduce its size by one-third -- moves that essentially sound a
death knell for its financial-services supermarket model, according to
a published

ECONOMIC REPORT: U.S. RETAIL SALES PLUNGE 2.7% IN DECEMBER

Weak demand and falling prices give rise to a worse-than-projected
2.7% drop in U.S. seasonally adjusted retail sales for December,
Commerce Department data show.

Apple shares tumble nearly 10% in resumed after-hours trading on news of CEO Jobs' medical leave.

Date: Wed, 14 Jan 2009 17:03:03 -0500

Apple shares tumble nearly 10% in resumed after-hours trading on news
of CEO Jobs' medical leave.

Breaking News

Date: Wed, 14 Jan 2009 13:50:00 -0800 (PST)

Apple CEO Steve Jobs takes leave until end of June; Jobs says health
issues "more complex than I originally thought."

Dow hits a new low for the day, dropping 307 points, as a wave of fear hits investors.

Date: Wed, 14 Jan 2009 15:45:06 -0500

Dow hits a new low for the day, dropping 307 points, as a wave of fear
hits investors.

No signs of upturn through early January: Fed Beige Book

Date: Wed, 14 Jan 2009 14:03:34 -0500

No signs of upturn through early January: Fed Beige Book
1/14/2009 2:01:35 PM EDT

Bank woes pull financials down; Citi shares under $5

Date: Wed, 14 Jan 2009 12:01:11 -0500
Bank woes pull financials down; Citi shares under $5

banks and uncertainty over the future of Citigroup Inc. roiled the sector.

ECONOMIC REPORT: U.S. RETAIL SALES PLUNGE 2.7% IN DECEMBER

Weak demand and falling prices give rise to a worse-than-projected
2.7% drop in U.S. seasonally adjusted retail sales for December,
Commerce Department data show.

TIFFANY CUTS FORECAST, POSTS 21% DECLINE IN HOLIDAY SALES

Citing the familiar refrain of a deteriorating global economy and
cautious consumer spending, Tiffany & Co. posted a 21% decline in
holiday sales and again cut its full-year forecast range.

BOND REPORT: TREASURY YIELDS FALL TO LOWEST LEVEL OF 2009

Treasury prices rose, pushing yields to the lowest this year, after a
government report said retail sales dropped 2.7% in December, far more
than expected.

REFINANCE APPLICATIONS HIGHEST IN MBA'S SURVEY

The rush among homeowners to take advantage of lower interest rates
shows no sign of abating, judging from the latest survey data compiled
by the Mortgage Bankers Association.

Nortel Networks to file for bankruptcy protection: reports

Date: Wed, 14 Jan 2009 08:57:35 -0500

Nortel Networks to file for bankruptcy protection: reports
1/14/2009 8:55:48 AM EDT

Holiday sales tumbled 2.8% - worse than expected - according to retail trade group.

Date: Wed, 14 Jan 2009 10:11:04 -0500

Holiday sales tumbled 2.8% - worse than expected - according to retail
trade group.

Dow industrials fall 160 points; Citi is worst performer, off 15%

Date: Wed, 14 Jan 2009 09:47:11 -0500

Dow industrials fall 160 points; Citi is worst performer, off 15%
1/14/2009 9:44:53 AM EDT

Tech: Sector ekes out small gain in volatile trading session

Date: Tue, 13 Jan 2009 18:00:11 -0500

Tech Stocks: Sector ekes out small gain in volatile trading session
1/13/2009 4:18 PM ET
Most technology stocks eke out a small gain after a volatile trading session.

-----------------------------------------------------------------
Yahoo taps tech veteran Bartz as new CEO; Decker to resign
1/13/2009 5:29 PM ET
Yahoo names respected Silicon Valley veteran Carol Bartz to replace
co-founder Jerry Yang as its new chief executive, as the embattled
Internet company struggles to mount a turnaround in a deteriorating
economy.

-----------------------------------------------------------------
Ex-Yahoo executive Rosensweig joins Adobe board
1/13/2009 5:14 PM ET
Dan Rosensweig, a former Yahoo Inc. executive who left the troubled
Internet company as it began an unstable period of management turnover
and a declining stock price, will join the board of directors at Adobe
Systems Inc.

-----------------------------------------------------------------
Nvidia lowers sales outlook on chip-industry woes
1/13/2009 4:20 PM ET
Nvidia Corp. lowers its fourth-quarter sales outlook, projecting a
much bigger drop in revenue as the graphics chip maker reels from an
industry-wide demand slump.

-----------------------------------------------------------------
Lexmark International stock drops on lowered earnings view
1/13/2009 4:02 PM ET
The maker of printing and imaging equipment lowers its quarterly
earnings forecast and moves to trim nearly 400 jobs due to the effects
of a deteriorating global economy.

-----------------------------------------------------------------
Obama's tech adviser Genachowski in line to run FCC
1/13/2009 1:52 PM ET
President-elect Barack Obama has reportedly picked Julius Genachowski,
a longtime friend and top adviser, to lead the Federal Communications
Commission.

-----------------------------------------------------------------
Israel Stocks: Market lower; Israel Chemicals in focus; Barclays initiates 7
1/13/2009 9:37 AM ET
Israeli stocks fall for a second day on Tuesday, with weakness in
Israel Chemicals and selected technology issues leading the way.

-----------------------------------------------------------------
Sony's ails point to deeper Japan malaise
1/13/2009 3:35 AM ET
Japanese consumer electronics companies face mounting headwinds this
year, with analysts forecasting few chances of an earnings turnaround
anytime soon as debt-laden consumers in their chief export markets
tighten spending as the recession deepens.

-----------------------------------------------------------------
Satyam ex-CFO blames Raju, auditors for scandal
1/13/2009 1:20 AM ET
The chief financial officer of India's Satyam Computer Services has
blamed the former chairman, B. Ramalinga Raju, and internal and
external auditors fof
financial fraud at the company, according to a media report.

Markets Tuesday, 01/13/2009

Date: Tue, 13 Jan 2009 17:31:04 -0500

MARKETS:
Stocks seesaw on earnings woes
Wall Street struggles after previous day's selloff as investors
consider corporate reports, Bernanke speech.

Yahoo said to be tapping tech veteran Bartz as new CEO

Date: Tue, 13 Jan 2009 17:02:04 -0500

Yahoo said to be tapping tech veteran Bartz as new CEO

Yahoo is expected to name respected Silicon Valley veteran Carol Bartz
to replace co-founder Jerry Yang as its new chief executive, according
to a

THE RATINGS GAME: MONEY MANAGERS BRACE FOR WHAT PROMISE TO BE BRUTAL RESULTS

With their fourth-quarter financial results, asset-management firms
will likely turn a spotlight on some of the worst-ever numbers
reported by the sector, as. borne out by falling asset values,
investor redemptions and declining margins, according to analysts.

THE FED: BERNANKE SAYS NO RECOVERY WITHOUT MORE BANK AID

There will be no lasting recovery without further government action
and funds to strengthen the financial system, with the timing of an
economic recovery
"highly uncertain," Federal Reserve chief Ben Bernanke tells a
London audience.

ECONOMIC REPORT: TRADE DEFICIT PLUNGES ON FALLING DEMAND, PRICES

The U.S. trade balance with the rest of the world amounts to $40.4
billion in November, plunging 29% on a record decline in oil prices
and much weaker demand for imports, Commerce Department data show.

Yahoo said to be tapping tech veteran Bartz as new CEO

Date: Tue, 13 Jan 2009 17:02:04 -0500

Yahoo said to be tapping tech veteran Bartz as new CEO

Yahoo is expected to name respected Silicon Valley veteran Carol Bartz
to replace co-founder Jerry Yang as its new chief executive, according
to a

THE RATINGS GAME: MONEY MANAGERS BRACE FOR WHAT PROMISE TO BE BRUTAL RESULTS

With their fourth-quarter financial results, asset-management firms
will likely turn a spotlight on some of the worst-ever numbers
reported by the sector, as. borne out by falling asset values,
investor redemptions and declining margins, according to analysts.

THE FED: BERNANKE SAYS NO RECOVERY WITHOUT MORE BANK AID

There will be no lasting recovery without further government action
and funds to strengthen the financial system, with the timing of an
economic recovery
"highly uncertain," Federal Reserve chief Ben Bernanke tells a
London audience.

ECONOMIC REPORT: TRADE DEFICIT PLUNGES ON FALLING DEMAND, PRICES

The U.S. trade balance with the rest of the world amounts to $40.4
billion in November, plunging 29% on a record decline in oil prices
and much weaker demand for imports, Commerce Department data show.

Dow closes down 33 points, struggling after Monday's selloff, as investors consider earnings reports, Bernanke speech.

Date: Tue, 13 Jan 2009 16:01:06 -0500

Dow closes down 33 points, struggling after Monday's selloff, as
investors consider earnings reports, Bernanke speech.

Yahoo to name former Autodesk boss Carol Bartz as CEO: Wall Street Journal

Date: Tue, 13 Jan 2009 12:56:32 -0500

Yahoo to name former Autodesk boss Carol Bartz as CEO: Wall Street Journal
1/13/2009 12:54:38 PM EDT

Bernanke says no recovery without more bank aid

Date: Tue, 13 Jan 2009 12:01:57 -0500

Bernanke says no recovery without more bank aid

There will be no lasting recovery without further government action
and funds to strengthen the financial system, with the timing of an
economic recovery. "highly uncertain," Federal Reserve chief Ben
Bernanke tells a London audience.

ECONOMIC REPORT: TRADE DEFICIT PLUNGES ON FALLING DEMAND, PRICES

The U.S. trade balance with the rest of the world amounts to $40.4
billion in November, plunging 29% on a record decline in oil prices
and much weaker demand for imports, Commerce Department data show.

SONY SEEN REPORTING FIRST OPERATING LOSS IN 14 YEARS

Japanese electronics major Sony Corp. is expected to report its first
operating loss in 14 years as demand for flat-screen televisions and
other consumer products sags and profit margins are pared by a strong
yen, according to a media report Tuesday.

FACING MORE LOSSES, ALCOA'S COST CUTS MAY DEEPEN

Alcoa's wider-than-expected loss could be the start of a series of
quarters in the red for the aluminum giant as it faces the prospect of
cutting costs further to conserve cash, analysts say. At risk is the
blue chip's dividend.

ELAN RALLIES AS IRISH DRUGMAKER PLANS REVIEW

Shares of Elan rally as much as 17% in Dublin as the Irish drugmaker
puts itself on the block following the troubles surrounding key
multiple sclerosis and Alzheimer's drugs.

Timing of U.S. economic recovery remains 'highly uncertain,' Fed's Bernanke says

Date: Tue, 13 Jan 2009 08:04:59 -0500

Timing of U.S. economic recovery remains 'highly uncertain,' Fed's Bernanke says
1/13/2009 8:03:10 AM EDT

Energy: Gazprom says Ukraine is blocking gas supplies to Europe

Date: 13 JAN 2009 14:56:46 GMT

Russia's gas giant Gazprom says Tuesday that Ukraine is blocking
Russian gas supplies to the rest of Europe by keeping a transit
pipeline closed, throwing into doubt a deal to resolve the energy
dispute that has cut off gas to Europe at a time of freezing winter
temperatures.

Energy: Energy stocks perk up despite lower crude prices

Date: 13 JAN 2009 15:08:38 GMT

Hard-hit petroleum stocks stage a mild recovery in early action on
Tuesday, as a favorable court ruling for Anadarko Petroleum and a
production boost from Marathon Oil encourage buying.

Trade deficit fell to $40.4B in November, the government says. Imports plummeted 12%, driven down by huge drop in oil prices.

Date: Tue, 13 Jan 2009 08:34:03 -0500

Trade deficit fell to $40.4B in November, the government says. Imports
plummeted 12%, driven down by huge drop in oil prices.

Stocks open lower as investors remain jittery following comments by Bernanke suggesting further bailouts may be needed.

Date: Tue, 13 Jan 2009 09:32:18 -0500

Stocks open lower as investors remain jittery following comments by
Bernanke suggesting further bailouts may be needed.

Tech: Seagate leads tech shares lower

Date: Mon, 12 Jan 2009 18:00:09 -0500

Tech Stocks: Seagate leads tech shares lower
1/12/2009 4:27 PM ET
Seagate Technology paces the downdraft after the maker of data-storage
devices says that its chairman will step in to take the reins from its
chief executive,who is leaving the company.

-----------------------------------------------------------------
CBS forges re-transmission deal with Verizon
1/12/2009 4:39 PM ET
CBS reaches a new deal with Verizon to bring CBS programs like "60
Minutes" to Verizon's wireless customers and expand the telephone
company's rights to carry the network's shows over its FiOS
fiber-optic television service.

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Citigroup upgrades Palm on Pre's promise
1/12/2009 4:23 PM ET
Shares of Palm Inc. gain on a Citigroup upgrade to hold following the
tech company's recent introduction of its new Pre smart phone and the
potential it offers as a "game changer."

-----------------------------------------------------------------
Seagate chairman to take on CEO role from Watkins
1/12/2009 4:07 PM ET
Shares plunge more than 17% after the No. 1 maker of computer
hard-disk drives shakes up its executive ranks by replacing Chief
Executive William Watkins with the company's chairman, Stephen Luczo.

-----------------------------------------------------------------
The Stockpickers: Wasatch fund manager plays defense with stocks, cash
1/12/2009 4:06 PM ET
"Go anywhere" mutual funds have a certain appeal. Independent-minded
managers get to think outside the box and aren't locked into a
specific type of stock or sector.

-----------------------------------------------------------------
Telecom Stocks: Qwest, Sprint, Ericsson tack lower
1/12/2009 2:09 PM ET
Most telecommunications stocks retreated in Monday
action in tandem with the broader U.S. market. Among the sharpest
decliners were Qwest Communications International Inc., Sprint Nextel
Corp. and Ericsson.

-----------------------------------------------------------------
Many more companies slashed earnings outlooks as economy cratered
1/12/2009 1:16 PM ET
A global economy in tatters, massive U.S. job losses and a plunge in
commodity prices have combined to spark an unusually high rate of
warnings about corporations' fourth-quarter earnings, data show.

-----------------------------------------------------------------
Satyam soars in India as new board members appointed
1/12/2009 1:01 PM ET
Shares of Satyam Computer Services stage a sharp recovery Monday in
Mumbai after their recent crash, as the government's decision to
appoint new members to its board raises hopes the software major may
be rescued after India's biggest corporate fraud came to light at the
company last week.

Markets Monday, 01/12/2009

Date: Mon, 12 Jan 2009 17:31:03 -0500

MARKETS:
Wall Street in sharp retreat
Stocks slide as investors gear up for the start of the corporate
reporting period. Citigroup tumbles on a possible Morgan deal.

U.S. stocks finish at 2009 lows amid earnings jitters

Date: Mon, 12 Jan 2009 17:01:46 -0500

U.S. stocks finish at 2009 lows amid earnings jitters

U.S. stocks sink to their lowest levels so far this year, with financials
hammered the hardest. Investors appeared leery of what is likely to be
an especially grim earnings season.

CITIGROUP MAY BE BROKEN UP, UNDER GOVERNMENT INFLUENCE

Some private investors have been calling for Citigroup to break itself
up for years. Now, according to analysts, the government may be doing
the job.

CRUDE SUPER CONTANGO PUTS MORE OIL IN STORAGE, SIGNALS PRICE RISE

A record amount of crude oil has been put into storage as investors
and producers wait for oil prices to rise in the following months, in
the hope that they can sell their oil at dearer prices.

MANY MORE COMPANIES SLASHED EARNINGS OUTLOOKS AS ECONOMY CRATERED

A global economy in tatters, massive U.S. job losses and a plunge in
commodity prices have combined to spark an unusually high rate of
warnings about corporations' fourth-quarter earnings, data show.
BUSH LOOKS BACK DURING FINAL PRESS CONFERENCE

President Bush defends his record and names what he thinks are some of
the achievements and mistakes of his presidency during his final press
conference, taking a look back over eight years of an administration
marked by the Sept. 11, 2001, attacks, a recession and Hurricane
Katrina.

Stocks tumbled Monday amid concerns about 4th quarter results; Dow down 126, Nasdaq and S&P lose more than 2%.

Date: Mon, 12 Jan 2009 16:01:06 -0500

Stocks tumbled Monday amid concerns about 4th quarter results; Dow
down 126, Nasdaq and S&P lose more than 2%.

Oil settles down nearly 8% to $37.59 a barrel on global economic concerns.

Date: Mon, 12 Jan 2009 15:03:02 -0500

Oil settles down nearly 8% to $37.59 a barrel on global economic concerns.

Judge declines to revoke bail for accused swindler Bernard Madoff, but imposes new restrictions on his home detention.

Date: Mon, Jan 12, 2009 at 12:16 PM

Judge declines to revoke bail for accused swindler Bernard Madoff, but
imposes new restrictions on his home detention.

Paced by major oils, shares in Europe resume recent pullback

Date: Mon, 12 Jan 2009 12:03:10 -0500
Paced by major oils, shares in Europe resume recent pullback

European shares decline for a fourth straight session on Monday, as
worries over the world economy send shares of oil-sector companies
lower. Financials trade mixed.

HONG KONG, MUMBAI DRAG ON REGIONAL MARKETS

Asian shares were mostly a little lower Monday as investors looked for
Alcoa Inc. to kick off an expected rough earnings season later in the
U.S., with resource and airline stocks the main decliners.

ECONOMIC PREVIEW: AMERICAN CONSUMERS CRUSHED BY JOB LOSSES

With almost 2.6 million job losses last year, American consumers, once
seen as unflappable, have been pulling back.

President-elect Obama has formally asked President Bush to request the remaining $350 billion in bailout funding, White House says.

Date: Mon, 12 Jan 2009 11:38:03 -0500

President-elect Obama has formally asked President Bush to request the
remaining $350 billion in bailout funding, White House says.

Tech: Losses sweep across sector at maket close

Date: Fri, 09 Jan 2009 18:00:12 -0500

Tech Stocks: Losses sweep across sector at maket close
1/9/2009 4:11 PM ET
Technology stocks close with losses across the board as the sector
slumps along with the broad market following the latest round of
disappointing unemployment figures.

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Rambus shares plunge after defeat in patent lawsuit
1/9/2009 5:22 PM ET
A federal judge in Delaware rule that the memory chip designer
couldn't enforce12 of its patents in claims against Micron Technology.

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Palm shares soar as new smart phone wins Wall Street praise
1/9/2009 4:09 PM ET
Palm stock surges, marking the company's second day of strong gains
following the debut of its new touch-screen smart phone.

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Outgoing Dell executives to cash in
1/9/2009 4:06 PM ET
Two top Dell Inc. executives who are leaving the computer maker as
part of another major shakeup are slated to receive more than $11
million in severance pay.

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Electronics business isn't getting easier for Best Buy
1/9/2009 1:42 PM ET
Analysts say Circuit City's viability remains in question, and even
though BestBuy is likely to pick up additional market share, the
company is in for a tough fight of its own, with general-merchandise
retailers like Wal-Mart expanding their efforts in the sector.

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Telecom Stocks: Qwest, Alcatel-Lucent lead retreat
1/9/2009 11:29 AM ET
Telecommunications stocks mostly declined in Friday
action after the latest monthly U.S. employment report showed a loss
of more than half a million jobs.

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Indications: U.S. stock futures turn slightly higher after jobs report
1/9/2009 9:18 AM ET
U.S. stock futures turn higher on Friday as a government report that 524,000
jobs were shed last month wasn't quite as bad as the market's most
pessimistic estimates.

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Satyam slumps again as investors dump shares
1/9/2009 3:56 AM ET
Shares of Satyam Computer Services plunged for a second straight session Friday
as worried investors dumped stocks in the wake of reports that the software
giant may be strapped for cash and some clients are reviewing contracts.

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CES reporter's notebook: SanDisk targeting tech neophytes
1/9/2009 1:46 AM ET
SanDisk Corp., the developer of flash memory cards and solid state storage
devices, offered an interesting twist on digital music players at the
Consumer Electronics Show.

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Thomas Kostigen's Ethics Monitor: NASA can bring space advancements
down to benefit Earth
1/8/2009 7:50 PM ET
NASA is promoting itself in more down to earth terms these days: It
claims the technology it develops to explore life in outer space can
actually help sustain life on this planet.

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Stocks to Watch: Stocks in focus for Friday
1/8/2009 6:35 PM ET
Among the companies whose shares are expected to see active trade in
Friday's session are KB Home, MSCI, General Mills, and Chevron.

johnt321

Friday, January 30, 2009

Tech: Amazon's gains can't lift tech sector out of red

Thursday, January 29, 2009

Tech: Qualcomm, Dell pace declines as earnings weigh on sentiment

Sony posts $197 million operating loss in third quarter

Wednesday, January 28, 2009

House votes along party lines to approve Obama's $819 billion economic stimulus bill. Senate likely to take it up next week.

Energy: Major provisions of stimulus package

Tuesday, January 27, 2009

Tech: Texas Instruments leads technology sector higher

Yahoo reports profits and sales that beat estimates. Including charges company reports net loss of $303 million.

Monday, January 26, 2009

Energy: Stocks in focus for Tuesday

Breaking News Mon., January 26, 2009

Tech: Apple, IBM lead sector higher

Texas Instruments to cut 3,400 jobs as earnings decline

Friday, January 23, 2009

Tech : Google gains lead to late tech turnaround

General Electric sees more credit losses in 2009

Energy: London's FTSE 100 below 4,000 as recession confirmed

Thursday, January 22, 2009

Tech: Microsoft's weak earnings lead tech stocks into the red

Markets Thursday, 01/22/2009

Google's profit slips, but company beats estimates

Google reports earnings of $5.10 a share and revenue of $5.7 billion, both beating analyst projections. Stock up 2% after hours.

Wall Street ends with a selloff. Dow, Nasdaq, S&P 500 fall 1% or more as BofA shakeup and Microsoft earnings rattle investors.

Breaking News Thu., January 22, 2009

Microsoft reports drop in earnings, plans to lay off 5,000

Dow tumbles over 200 points as selling accelerates amid concerns about housing and jobs.

Nokia reports worse-than-forecast 19% sales fall

New homes starting construction in December fell by 15.5% to an annual rate of 550,000 - lowest since record keeping.

Microsoft says it will cut up to 5,000 jobs over 18 months - 1,400 immediately; reports an 11% decline in net income.

Stocks tumble at the open - Dow falls 1%, Nasdaq drops 2.5%, S&P 500 slips 1% - after Microsoft announces job cuts.

Wednesday, January 21, 2009

Tech : IBM leads sector sharply higher; Nasdaq rallies 4%

Markets Wednesday, 01/21/2009

US Stocks Rise; Financials, Energy Stocks Bounce

Wall Street rallies. Dow, S&P and Nasdaq jump 3% or better as IBM and bank stocks lift markets.

Breaking News Wed., January 21, 2009

Obama freezes salaries of senior White House staff, tightens lobbying rules

Stocks rise as analysts mull Obama's first steps to stem crisis

Stocks surge at open, following a better-than-expected outlook from IBM and Obama's vow to tackle the financial crisis.

Tuesday, January 20, 2009

International

Tech: IBM, other bellwethers lose ground by close

Markets Tuesday, 01/20/2009

Banks battered as sector matches worst day ever

Wall Street takes inaugural drubbing. Dow drops below 8,000 to 2-month low. Nasdaq, S&P 500 each drop more than 5%.

Dow drops below 8,000 to two-month low as investors look beyond Obama's historic inauguration to the battered economy he inherits.

State Street shares cut in half after company outlines new risks

Dow tumbles to session low - down over 200 points - immediately following President Obama's inaugural address.

Breaking News: Barack Obama sworn in as 44th president

Stocks open flat on Inauguration Day as worries about the health of the banking sector offset enthusiasm over new administration.

Monday, January 19, 2009

Market Monday, 01/19/2009

N.Y. Times, Mexican telecom exec Slim talk investment: Journal

Energy: Bank help European shares advance; Barclays shares soar

Sunday, January 18, 2009

Energy: Ukraine, Russia reportedly reach deal on natural gas

Energy: U.S. 4th-quarter VC funding fell 30% to lowest total in 3 years

Friday, January 16, 2009

Tech: Intel gains help lift tech sector at market close

Markets Friday, 01/16/2009

Bank of America's dividend cut one of many facing investors

Stocks stage a late-day rally, with the Dow closing up 60 after BofA got another bailout and Citi unveiled plans to split.

Dow industrials up 90 points near Friday's close

Circuit City, which has 30,000 workers at 567 stores, seeks court OK to liquidate after failing to reach deal with creditors.

NTSB agents arrive to investigate ditched US Airways flight

Citigroup reports quarterly loss of $8.3B - much worse than expected. Says it will split into 2 businesses - a bank and a brokerage.

Bank of America quarterly loss was $1.8B. In addition, Merrill lost $15.3B, and BoA announced a $20B bailout.

Increase in consumer prices in 2008 is smallest in 54 years; CPI down in December

U.S. industrial production falls 2% in December, 11.5% in fourth quarter

Consumer prices fell 0.7% in December - 3rd straight month of declines - on sharp drop in energy costs, government says.

Stocks open higher as another government bailout of Bank of America offsets dismal quarterly results from BofA and Citigroup.

Thursday, January 15, 2009

Tech: Palm, Amazon jump as techs close with gains

Markets Thursday, 01/15/2009

US Airways plane crashes into Hudson River in New York

Stocks stage a comeback with the Dow closing up slightly after falling 200 points on renewed fears about the shaky banking sector.