Friday, April 30, 2010

Markets, Friday, 04/30/2010

Date: Fri, 30 Apr 2010 17:32:04 -0400

|---------------------------------------------------------------------------|
|Dow : 11,008.61 down 158.71 | S & P : 1,186.69 down 20.09 |
|NASDAQ: 2,461.19 down 50.73 | Bond (10Y): 3.66% down 0.065
|---------------------------------------------------------------------------|

MARKETS:
Dow breaks 8-week winning streak
Stocks end lower after Goldman is downgraded on reports the firm faces
a criminal probe. All 3 major gauges end lower for the week, higher
for the month.

Stocks end with triple-digit selloff after Goldman and Europe woes rattle investors. Dow, Nasdaq and S&P finish lower for the week.

Date: Fri, 30 Apr 2010 16:03:06 -0400

Stocks end with triple-digit selloff after Goldman and Europe woes
rattle investors. Dow, Nasdaq and S&P finish lower for the week.

U.S. economy grows at 3.2% annual rate in first quarter, Commerce Department says; third straight quarter of growth.

Date: Fri, 30 Apr 2010 08:32:04 -0400

U.S. economy grows at 3.2% annual rate in first quarter, Commerce
Department says; third straight quarter of growth.

Thursday, April 29, 2010

Markets, Thursday, 04/29/2010

Date: Thu, 29 Apr 2010 17:31:05 -0400

|---------------------------------------------------------------------------|
| Dow : 11,167.32 up 122.05 | S & P : 1,206.78 up 15.42 |
| NASDAQ: 2,511.92 up 40.19 | Bond (10Y): 3.73% down 0.045
|----------------------------------------------------------------------------|

MARKETS:
Dow in triple-digit rally
Exxon and other company earnings boost investor's confidence, as
European debt worries ease.

Initial claims for unemployment insurance fall for second week in a row, declining to 448,000, Labor Department says.

Date: Thu, 29 Apr 2010 08:34:04 -0400

Initial claims for unemployment insurance fall for second week in a
row, declining to 448,000, Labor Department says.

Wednesday, April 28, 2010

Markets, Wednesday, 04/28/2010

Date: Wed, 28 Apr 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 11,045.27 up 53.28 | S & P : 1,191.36 up 7.65
|
| NASDAQ: 2,471.73 up 0.26 | Bond (10Y): 3.77% up 0.083
|---------------------------------------------------------------------------|

MARKETS:
Dow back above 11,000
The blue-chip average managed to rise, but gives up bigger gains that
followed the Federal Reserve's announcement. European debt worries
linger.

Fed holds interest rates near zero; says it sees labor market, consumer spending and housing starting to improve.

Date: Wed, 28 Apr 2010 14:18:04 -0400

Fed holds interest rates near zero; says it sees labor market,
consumer spending and housing starting to improve.

International Headlines

Date: Wed, 28 Apr 2010 05:01:08 -0400
>TOP STORIES as of 0900 GMT -- 28 April, 2010

> GREEK DEBT CRISIS SPARKS MARKET SELL-OFF
The eurozone faces its toughest crisis to date, as the decision
to downgrade Greece's credit rating spooks global investors and
raises fears the debt crisis may spread.

> THAI FORCES, PROTESTERS CLASH
Thai government forces fired rubber bullets and tear gas into
crowds of anti-government protesters Wednesday, as tensions
flared in the latest round of confrontations between the two
groups in the capital, Bangkok.

> GOLDMAN EXECS TESTIFY
Top representatives from Goldman Sachs appear in front of a
Senate committee to deny claims the bank betted against its own
clients during the financial crisis.

> CAR BOMB ATTACK KILLS 4 PAKISTANI POLICE
An early morning suicide attack killed four police officers in
northwest Pakistan on Wednesday, according to authorities.

> FISTS, EGGS FLY IN UKRAINE PARLIAMENT
Lawmakers in Ukraine scuffle, throwing punches and eggs, during
a parliamentary session to ratify a naval treaty with Russia.

> U.S.-BORN CLERIC IN AL QAEDA VIDEO
An American-born Muslim cleric has appeared in a video released
by al Qaeda in the Arabian Peninsula for the first time.

> TORTURE AT IRAQ PRISON REPORT RELEASED
A report released Tuesday by a human rights group details
allegations of horrific torture and abuse at a secret prison in
Iraq where detainees say they were routinely beaten, shocked and
sodomized by their interrogators.

> INDIAN DIPLOMAT SUSPECTED OF SPYING
India suspects one of its diplomats in Pakistan has been spying
for Pakistani intelligence, the Indian Ministry of External
Affairs said Tuesday.


BUSINESS
~~~~~~~~~~~
> MORE BAILOUT CASH FOR GREECE?
The International Monetary Fund is looking at raising its share
of Greece's financial rescue package by €10bn ($13.2bn) amid
fears that the planned €45bn bail-out will fail to prevent the
country's debt crisis from spiralling out of control.

> FORD SURGES TO PROFIT
Ford reports a huge turnaround to a profit in the first quarter,
thanks to strong sales of new products around the world.

> RUSSIA OFFERS KIEV NUCLEAR POWER DEAL
Russia's prime minister made what he described as a "large-scale
offer" late on Monday to Ukraine, urging both countries to merge
their vast nuclear power generation businesses, and hinting that
together they could benefit from joint electricity exports to
foreign markets.

Tuesday, April 27, 2010

Markets, Tuesday, 04/27/2010

Date: Tue, 27 Apr 2010 17:36:15 -0400
|
|---------------------------------------------------------------------------|
|Dow : 10,991.99 down 213.04 | S & P : 1,183.71 down 28.34
|
| NASDAQ: 2,471.47 down 51.48 | Bond (10Y): 3.69% down 0.125
|----------------------------------------------------------------------------|

MARKETS:
Dow plunges 213 points, breaks 11K
Stocks retreat after S&P cuts Greece and Portugal's debt ratings,
raising worries about euro zone woes hurting global recovery. Dow's
biggest one-day point loss in 9 months.

Dow ends below 11,000 after 214-point loss, the biggest one-day selloff since July, on concerns about European debt.

Date: Tue, 27 Apr 2010 17:22:15 -0400


Dow ends below 11,000 after 214-point loss, the biggest one-day
selloff since July, on concerns about European debt.

Dow tumbles 147 points after reports that S&P has downgraded Greek and Portuguese debt.

Date: Tue, 27 Apr 2010 11:48:20 -0400

Dow tumbles 147 points after reports that S&P has downgraded Greek and
Portuguese debt.

Friday, April 23, 2010

Markets, Friday, 04/23/2010

Date: Fri, 23 Apr 2010 17:42:00 -0400

|---------------------------------------------------------------------------|
| Dow : 11,204.28 up 69.99 | S & P : 1,217.28 up 8.61
|
| NASDAQ: 2,530.15 up 11.08 | Bond (10Y): 3.82% up 0.045
|---------------------------------------------------------------------------|

MARKETS:
Market at 18-month highs
Stocks rally at the end of a choppy session, with the Dow and S&P 500
closing at the highest point in a year-and-a-half and the Nasdaq at
the highest point in almost 2 years.

New-home sales surge 27% to 411,000 pace

Date: Fri, 23 Apr 2010 12:00:58 -0400

NEW-HOME SALES SURGE 27% TO 411,000 PACE
Boosted by a soon-to-expire tax break, low mortgage rates and
favorable weather, sales of new homes surge 27% in March to a
seasonally adjusted annual rate of 411,000 after hitting a record low
in February, the Commerce Department estimates.

GREECE GIVES UP, FORMALLY REQUESTS RESCUE
The Greek government surrenders to the credit markets, formally
requesting the activation of a joint European Union-International
Monetary Fund rescue plan after soaring borrowing costs were seen
making it virtually impossible for the debt-strapped nation to meet
its funding needs on the open market.

EURO ADDS TO GAINS AS GREECE SUPPORT BUILDS
The euro rebounds modestly from an 11-month low versus the U.S. dollar
Friday as Greece formally requests a standy rescue package.

GERMAN BUSINESS CLIMATE BEST IN NEARLY TWO YEARS
German business climate improves in April, according to a key report
released Friday, showing how Europe's largest economy hasn't been hurt
-- and possibly even helped -- by the debt crisis in Greece.

Breaking News: New-home sales surged 27% in March

Date: Fri, 23 Apr 2010 08:34:56 -0600

WASHINGTON (AP) - Sales of new homes surged 27% last month, bouncing
off the previous month's record low and blowing past expectations as
better weather and government incentives boosted sales.

The Commerce Department said Friday that new home sales rose in March
to a seasonally adjusted annual sales pace of 411,000. It was the
strongest month since last July and the biggest monthly increase in 47
years.

New home sales surge 27% to an annual rate of 411,000 in March, government says.

Date: Fri, 23 Apr 2010 11:11:58 -0400

New home sales surge 27% to an annual rate of 411,000 in March, government says.

Stocks turn mixed as investors weigh the Greek bailout request and a weak manufacturing report.

Date: Fri, 23 Apr 2010 11:17:06 -0400

Stocks turn mixed as investors weigh the Greek bailout request and a
weak manufacturing report.

Thursday, April 22, 2010

Markets, Thursday, 04/22/2010

Date: Thu, 22 Apr 2010 17:49:40 -0400
|
|---------------------------------------------------------------------------|
| Dow : 11,134.29 up 9.37 | S & P : 1,208.67 up 2.73
|
| NASDAQ: 2,519.07 up 14.46 | Bond (10Y): 3.77% up 0.034
|---------------------------------------------------------------------------ß


MARKETS:
Stocks make a comeback
Market erases losses in late-day run, but gains are limited amid Greek
debt worries. Obama's Wall Street reform speech also in focus.

Obama asks Wall Street to join him in bank reform

Date: Thu, 22 Apr 2010 12:01:08 -0400

OBAMA ASKS WALL STREET TO JOIN HIM IN BANK REFORM
President Obama travels to New York to tell Wall Street to join him in
efforts to reform the nation's banking regulations to make sure a
second Great Depression never happens.

MOODY'S CUTS GREEK CREDIT RATING
Ratings agency Moody's cuts Greece's sovereign credit rating to A3
from A2 and places it on review for a further possible downgrade,
citing worries about the government's ability to stick to an ambitious
program for slashing its deficit.

EUROSTAT CHIDES GREEK DATA AS BONDS SLAMMED AGAIN
Greece's budget deficit was revised higher Thursday, with a warning
that another upward hike may come, as the Eurostat statistics agency
attacked the debt-racked country's accounting.

EURO SINKS, DOLLAR UP AFTER MOODY'S CUTS GREECE

Debt worries continued to plague the euro Thursday, leaving the dollar
to gain ground versus most major rivals.

MOORE CAPITAL WARNS OF EURO-ZONE 'BREAKDOWN'
A leading global macro hedge-fund firm run by Louis Moore Bacon,
warned of a "potential breakdown" of the European Monetary Union and
criticized plans to bail out Greece.

Energy: Eleven still missing as oil rig burns

4/22/2010 8:08:00 AM ET

The U.S. Coast Guard said Thursday it's continuing the search for 11
missing workers as a fire continues to burn at the Deepwater Horizon
oil rig in the Gulf of Mexico.

Energy: Energy stocks fall as oil dips below $82 a barrel

4/22/2010 10:04:00 AM ET

Energy stocks joined the broad market sell-off on Thursday, as crude
oil prices retreated below $82-a-barrel.

Initial claims for unemployment fall to 456,000, Labor Department says. Decline follows two straight weeks of increases.

Date: Thu, 22 Apr 2010 08:43:25 -0400

Initial claims for unemployment fall to 456,000, Labor Department
says. Decline follows two straight weeks of increases.

Wednesday, April 21, 2010

Markets, Wednesday, 04/21/2010

Date: Wed, 21 Apr 2010 18:12:41 -0400

|---------------------------------------------------------------------------|
| Dow : 11,124.92 up 7.86 | S & P : 1,205.94 down 1.23 |
| NASDAQ: 2,504.61 up 4.30 | Bond (10Y): 3.74% down 0.067
|----------------------------------------------------------------------------|


MARKETS:
Stocks seesaw on mixed earnings
Investors remain wary following the latest wave of corporate results.

Apple shares hit new high on blow-out results

Date: Wed, 21 Apr 2010 12:01:01 -0400

APPLE SHARES HIT NEW HIGH ON BLOW-OUT RESULTS
Wall Street cheeres strong quarterly earnings growth, driven mainly by
higher-than-expected sales of the iPhone.

EUROPE LONG-HAUL FLIGHTS RESUMING
Most European long-haul services were back in operation Wednesday as a
trade group estimated that $1.7 billion in revenue was lost for the
industry due to closures from the fears about flying through volcanic
ash.

EUROPE LONG-HAUL FLIGHTS RESUMING
Most European long-haul services were back in operation Wednesday as a
trade group estimated that $1.7 billion in revenue was lost for the
industry due to closures from the fears about flying through volcanic
ash.

AMR POSTS WIDER LOSS AS ITS FUEL BILL CLIMBS 14%
American Airlines parent AMR posts a wider first-quarter loss as
higher ticket prices fail to offset a 14% jump in fuel costs.

U.S. STOCKS WOBBLE ON WAVE OF EARNINGS
Certain sectors, incluidng technology, chalk up gains in the stock
market Wednesday morning following an earnings report from Apple that
far exceeded analysts' expectations. But energy proves a drag.

Tuesday, April 20, 2010

Markets, Tuesday, 04/20/2010

Date: Tue, 20 Apr 2010 17:56:39 -0400
|
|---------------------------------------------------------------------------|
| Dow : 11,117.06 up 25.01 | S & P : 1,207.17 up 9.65
|
| NASDAQ: 2,500.31 up 20.20 | Bond (10Y): 3.80% down 0.002
|---------------------------------------------------------------------------|

MARKETS:
Stocks rise on earnings
A jump in oil and metal prices lift commodity shares. Goldman's strong
report helps boost markets, as fears about the fraud suit's impact
fade.

Stocks finish higher on strong earnings from Goldman and consumer companies. Dow gains 26 points, while Nasdaq and S&P add 0.8%.

Date: Tue, Apr 20, 2010 at 4:01 EDT

Stocks finish higher on strong earnings from Goldman and consumer
companies. Dow gains 26 points, while Nasdaq and S&P add 0.8%.

Goldman Sachs doubles quarterly net amid SEC woes

Date: Tue, 20 Apr 2010 12:01:06 -0400

GOLDMAN SACHS DOUBLES QUARTERLY NET AMID SEC WOES
Goldman Sachs, amid a legal maelstrom, posts a first-quarter net
profit that doubled from its earnings of a year ago.

U.S. STOCKS CLIMB AS EARNINGS TOP ESTIMATES
U.S. stocks Tuesday regained their footing as Wall Street applauded
another round of mostly positive earnings from household names
including Harley-Davidson and Coach Inc.

DOLLAR TURNS UP VS. EURO, GAINS MORE AGAINST YEN
The U.S. dollar recovers versus the euro and added to gains against
the yen as earnings, central bank news and economic data vie for
attention.

LOONIE SOARS AS BANK OF CANADA HINTS AT HIKE
The Canadian dollar rises to parity with the U.S. dollar as Canada's
central bank releases a policy statement hinting that an interest-rate
hike may be sooner than expected.

OIL-SERVICE SHARES LEAD EARLY ENERGY-SECTOR GAINS
Oil-service shares lead the way higher in the energy sector as
investors bid up shares of offshore drillers, while oil prices' climb
back above the $82-a-barrel mark undergirds the bullish sentiment.

Monday, April 19, 2010

Markets, Monday, 04/19/2010

Market, Monday, 4/19/2010 |
|---------------------------------------------------------------------------|
| Dow : 11,092.05 up 73.39 | S & P : 1,197.52 up 5.39
|
| NASDAQ: 2,480.11 down 1.15 | Bond (10Y): 3.81% up 0.037
|---------------------------------------------------------------------------|


MARKETS:
Dow pulls out a gain
Blue-chip average ends a tumultuous session higher. Financial shares
rise on lessening of fears about Goldman fallout.

Friday, April 16, 2010

Markets, Friday, 04/16/2010

Date: Fri, 16 Apr 2010 20:41:32 -0400

|---------------------------------------------------------------------------|
|Dow : 11,018.66 down 125.91 | S & P : 1,192.13 down 19.54 |
|NASDAQ: 2,481.26 down 34.43 | Bond (10Y): 3.77% down 0.078
|---------------------------------------------------------------------------|

MARKETS:
Dow tumbles 126, but clings to 11,000
News that the SEC has charged the bank with fraud drags on financial
shares and gives investors a reason to retreat after the most recent
leg of the rally.

Dow holds above 11,000 despite 124-point loss after SEC charges Goldman Sachs with fraud.

Date: Fri, 16 Apr 2010 16:44:21 -0400

Dow holds above 11,000 despite 124-point loss after SEC charges
Goldman Sachs with fraud.

Goldman charged with fraud over Paulson CDO trade

Date: Fri, 16 Apr 2010 12:01:06 -0400

GOLDMAN CHARGED WITH FRAUD OVER PAULSON CDO TRADE
The Securities and Exchange Commission on Friday charged Goldman Sachs
& Co. and one of its vice presidents for defrauding investors by
misstating and omitting key facts about a financial product related to
subprime mortgages.

GOLDMAN SHARES DROP 10% ON SEC CHARGES; BANKS FALL
Shares of Goldman Sachs and banks fall after the SEC announces fraud
charges against Goldman.

B. OF A. PROFIT FALLS, BEATS ESTIMATES
Bank of America Corp. reports a fall in its first-quarter profit
Friday, in part due to lower mortgage-banking activity.

U.S. STOCKS DIVE AFTER GOLDMAN CHARGED WITH FRAUD
U.S. stocks tumble Friday after the Securities and Exchange Commission
charged Goldman Sachs with civil fraud for misleading investors about
a financial product tied to subprime mortgages.

Breaking News: SEC charges Goldman Sachs with securities fraud

Date: Fri, 16 Apr 2010 09:02:16 -0600

WASHINGTON (AP) - The federal government is accusing Wall Street
powerhouse Goldman Sachs & Co. of defrauding investors in its
disclosures about securities it sold that were tied to subprime
mortgages as the housing market was faltering. The Securities and
Exchange Commission announced Friday civil fraud charges against
Goldman Sachs and one of its vice presidents. The agency alleges that
the company marketed complex subprime mortgage securities and failed
to disclose to investors that a major hedge fund had bet against the
securities.

Dow sinks 100 points after SEC charges Goldman Sachs with fraud related to marketing of mortgage-backed securities.

Date: Fri, 16 Apr 2010 11:25:09 -0400

Dow sinks 100 points after SEC charges Goldman Sachs with fraud
related to marketing of mortgage-backed securities.

Thursday, April 15, 2010

Google posted first quarter earnings per share of $6.76 on sales of $5 billion, soundly beating analyst forecasts.

Date: Thu, 15 Apr 2010 16:11:07 -0400

Google posted first quarter earnings per share of $6.76 on sales of $5
billion, soundly beating analyst forecasts.

U.S. stocks shed losses in continuing climb

Date: Thu, 15 Apr 2010 12:01:07 -0400

U.S. STOCKS SHED LOSSES IN CONTINUING CLIMB
U.S. stocks tilt slightly upward as investors sort through multiple
economic reports and an optimistic forecast from global shipper United
Parcel Service Inc.

VOLCANIC-ASH CLOUD DISRUPTS EUROPE AIR TRAFFIC
Several airports were shut and hundreds of flights canceled across
Northern Europe on Thursday as concern as ash clouds resulting from a
volcanic eruption in Iceland drifted across the region and forced
air-traffic controllers to close airspace to commercial aircraft.
HOW TO FIND CHEAP FLIGHTS AS SUMMER AIRFARES RISE
Rock-bottom airfares will be limited this summer, but that doesn't
mean they won't be out there. You just have to look harder, be on
constant alert and be ready to pounce.

AIRLINES SEEK ALLIES TO TAP INTO GLOBAL RECOVERY
With a recovery in global air traffic underway, the big U.S. airlines
are reaching out to low-cost carriers and partners overseas to stitch
together alliances and routes covering a wider range of destinations
at lesser cost.

Initial claims for unemployment surge for 2nd straight week, Labor Department says, surprising economists. Stock futures decline.

Date: Thu, 15 Apr 2010 09:37:13 -0400

Initial claims for unemployment surge for 2nd straight week, Labor
Department says, surprising economists. Stock futures decline.

Wednesday, April 14, 2010

Stocks soar; major indexes at highest levels since 2008. Dow climbs 103 points, S&P tops 1,200, and Nasdaq surpasses 2,500.

Date: Wed, 14 Apr 2010 16:53:29 -0400

Stocks soar; major indexes at highest levels since 2008. Dow climbs
103 points, S&P tops 1,200, and Nasdaq surpasses 2,500.

Bernanke paints picture of moderate recovery

Date: Wed, 14 Apr 2010 12:01:04 -0400

BERNAKE PAINTS PICTURE OF MODERATE RECOVERY
The economy will continue to recover at a moderate pace in coming
quarters, bolstered by a return of business and consumer spending, Fed
Chairman Ben Bernanke tells lawmakers.

APPLE DELAYS INTERNATIONAL LAUNCH OF IPAD
Apple Inc. said Wednesday that it will delay the international launch
of its iPad, citing strong U.S. demand that has outstripped supply of
the newly launched tablet device.

INTEL SHARES RISE ON CHIP GIANT'S RESULTS
Intel shares rally in morning activity after the technology giant
reports a big jump in first-quarter earnings on robust sales of
personal computer and server chips.

INTEL CLEARS A HIGH BAR WITH RESULTS, FORECAST
Chip giant Intel Corp. met a high bar of expectations for the first
quarter, and then some.

YOU CALL THIS A RECOVERY?
The U.S. economy appears to be strengthening following the worst
downturn in generations, but the recovery isn't setting anyone's heart
on fire.

Bernanke sees moderate economic growth in coming quarters, but says 'significant amount of time' is required to recover lost jobs.

Date: Wed, 14 Apr 2010 10:19:46 -0400


Bernanke sees moderate economic growth in coming quarters, but says
'significant amount of time' is required to recover lost jobs.

JPMorgan Chase reports stronger-than-expected profit and revenue, sees improvement in "underlying trends" of the economy.

Date: Wed, 14 Apr 2010 09:50:46 -0400

JPMorgan Chase reports stronger-than-expected profit and revenue, sees
improvement in "underlying trends" of the economy.

Retail sales in March were stronger than forecast; a separate government report shows consumer prices in line with expectations.

Date: Wed, 14 Apr 2010 09:51:20 -0400

Retail sales in March were stronger than forecast; a separate
government report shows consumer prices in line with expectations.

Tuesday, April 13, 2010

International Headlines

Date: Tue, Apr 13, 2010 at 8:02 PM
>TOP STORIES as of 0800 HKT -- 14 April, 2010

> OBAMA: 'REAL PROGRESS' MADE AT NUCLEAR SUMMIT
U.S. President Barack Obama says a summit has reached agreement
on the threat posed by unsecured nuclear materials, and on steps
to keep them away from terrorists.

> SOURCES: KYRGYZ LEADER WILLING TO RESIGN
Ousted Kyrgyz president Kurmanbek Bakiev is willing to resign if
he and his relatives are allowed safe passage out of the
country, sources says.

> ISRAEL WARNS CITIZENS OF KIDNAP THREAT
An Israeli counter-terrorism unit is warning Israeli citizens in
Egypt's Sinai peninsula to return home because they face the
risk of militant attacks.

> MOURNERS GRIEVE POLAND'S FIRST LADY
Mourners file past the bodies of the late Polish president and
first lady at the presidential palace, three days after the
couple was killed in a plane crash in Russia.

> U.S. AUTHORITIES PROBE BEATING VIDEO
A police officer has been suspended and prosecutors are
investigating an incident caught on video in which officers beat
a University of Maryland student.

> PIRATE SUSPECTS TO FACE CHARGES IN U.S.
Five suspected Somali pirates accused of attacking a U.S. Navy
ship could be sent to the United States to face criminal
proceedings, according to U.S. military officials.

> SOMALI RADIO AIRS ANIMALS IN PROTEST
Roars, growls and galloping hooves replaced music Tuesday on
some of Mogadishu's radio stations in a protest of a ban on
music imposed by Islamic extremists.

> PRIEST CALLS FOR POPE'S RESIGNATION
The phones are ringing off the hook at the parish of St.
Michael's Church, where the Rev. James Scahill called in a
sermon last weekend for the pope to resign over the church's
sexual abuse scandal.

BUSINESS
~~~~~~~~~~~

> 'CLEVER LITTLE BAG' SENDS SHOEBOX PACKING
German sportswear company Puma has unveiled its environmentally
sustainable answer to the traditional shoebox, a bag that aims
to halve manufacturing waste.

> INDIA TAKES BIDS FOR GIANT INTERNET LEAP
In the good old days, Indians would wait for years for a
telephone line to be installed in their homes and workplaces.

> TWITTER TO START CARRYING ADS
Millions of Twitter users will see the first paid advertisements
appear on the site from Tuesday as the Californian company
begins to commercialize its service.

Dow closes at highest level since Sept. 2008 as consumer stocks lead the advance. Nasdaq gains 0.3%, S&P edges up.

Date: Tue, 13 Apr 2010 16:37:18 -0400

Dow closes at highest level since Sept. 2008 as consumer stocks lead
the advance. Nasdaq gains 0.3%, S&P edges up.

U.S. stocks lower as Alcoa disappoints

Date: Tue, 13 Apr 2010 12:01:05 -0400

U.S. STOCKS LOWER AS ALCOA DISAPPOINTS
U.S. stocks retreat after aluminum giant Alcoa Inc.'s earnings came in
short of expectations.

TECH STOCKS SEEK OUT SOME MOMENTUM
Technology stocks try to shake off their losses in early trading as
the sector show some signs of life in advance of the quarterly
earnings results due from Intel Corp. after the market close.

TWITTER GROWS UP -- OR TRIES TO, ANYWAY
Twitter, now four and precocious, is trying to prove that it merits a
seat at the adult table.

SMALL BUSINESSES DON'T SEE RECOVERY: NFIB SURVEY
Small-business owners turn more pessimistic in March than in February,
with sales, hiring and capital spending weak.

Monday, April 12, 2010

Breaking News: Dow closes above 11,000

Date: Mon, Apr 12, 2010 at 4:29 PM

NEW YORK (AP) The Dow Jones industrial average has closed above 11,000 for the first time in a year and a half. In preliminary results, the Dow was up 9 to close at 11,006. It is the Dow's first close above 11,000 since Sept. 26, 2008. It briefly topped 11,000 during trading Friday but faded by the close. The Standard & Poor's 500 index was up 2 at 1,196. The Nasdaq composite index gained 4 to 2,458.



Influential economists' group says it is 'premature' to determine that the recession that began in December 2007 has ended.

Date: Mon, 12 Apr 2010 10:34:42 -0400

Influential economists' group says it is 'premature' to determine that
the recession that began in December 2007 has ended.

Friday, April 9, 2010

International Headlines

Date: Fri, 9 Apr 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 10 April, 2010

> KYRGYZ PRESIDENT ACCUSED OF RAIDING STATE COFFERS
The president of Kyrgyzstan is accused of fleeing with the
country's money by an official with the interim government. "The
state coffers are almost empty," he said.

> U.S. MOM RETURNS ADOPTED BOY TO RUSSIA
A 7-year-old Russian boy adopted by an American family last year
was put on a return flight to Moscow this week because of
violent and psychotic behavior, according to a Tennessee
grandmother.

> CHILD BRIDE DIES FROM INTERNAL BLEEDING
A 12-year-old Yemeni bride dies of internal bleeding following
intercourse three days after she was married off to an older
man, the United Nations Children's Fund said.

> OBAMA'S CHANCE TO SHAPE HIGH COURT
Supreme Court Justice John Paul Stevens will retire, the high
court's press office said Friday.

> POLICE FIRE TEAR GAS AT THAI PROTESTERS
Police fire tear gas at anti-government protesters outside a
Bangkok TV station, a day after a channel was taken off the air
amid accusations of misinformation.

> IRAN LEADER: NUKE TECH 'FULLY MASTERED'
Iran announced Friday it has advanced its nuclear technology,
unveiling new, faster centrifuges and celebrating "giant steps"
forward.

> RESCUERS RETREAT FROM SMOKE IN MINE
Crews were evacuated Friday from the West Virginia coal mine
where rescuers are searching for miners.

> BREWERS STRIKE OVER 'FREE BEER'
Hundreds of Carlsberg workers are on strike because the brewer
failed to consult them when it changed rules on drinking alcohol
on the job, a union spokesman said Friday.


BUSINESS
~~~~~~~~~~~

> APPLE BATTLES GOOGLE FOR MOBILE ADS
Apple launched a war with Google over mobile advertising
revenues on Thursday as it announced its own iAd network for the
iPhone.

> GEITHNER VISIT BOLSTERS CURRENCY TALK
A surprise meeting between the Chinese vice-premier and the US
Treasury secretary ended on Thursday with no immediate change in
policy but more speculation about a shift in China's pegged
currency regime.


> SOCIAL MEDIA AND SMALL BUSINESSES
Do an online search for the phrase "Has Bean Steve" and see the
results that pop up: "Has Bean Steve" is on Twitter, Facebook,
Flickr, MySpace, Vimeo, YouTube, and LinkedIn, not to mention at
least a dozen or so blogs, forums and other social networking
sites.

Markets 04/09/2010

Date: Fri, 09 Apr 2010 19:22:48 -0400


Index Last Change % Change

NYSE Index...... 7,629.05........63.72 ..............0.8423

Nasdaq............. 2,454.05........17.24.............. 0.7075

S&P 500 Index.. 1,194.37.........7.93.................0.6684

Dow...................10,997.35.....70.28................0.6432

Dow ends up 70 points, having briefly touched 11,000 mark for the first time since September 2008.

Date: Fri, 09 Apr 2010 16:31:24 -0400

Dow ends up 70 points, having briefly touched 11,000 mark for the
first time since September 2008.

Thursday, April 8, 2010

Initial claims for unemployment surge in latest week to 460,000, Labor Department says, suirprising economists. Stock futures fall.

Date: Thu, 08 Apr 2010 14:27:56 -0400

Initial claims for unemployment surge in latest week to 460,000, Labor
Department says, suirprising economists. Stock futures fall.

Wednesday, April 7, 2010

Stocks pull back, with the Dow finishing 71 points lower, after consumer credit falls.

Date: Wed, 07 Apr 2010 18:08:19 -0400

Stocks pull back, with the Dow finishing 71 points lower, after
consumer credit falls.

Bernanke: Economic growth should slowly reduce jobless rate in the next year.

Date: Wed, 07 Apr 2010 14:05:15 -0400

Bernanke: Economic growth should slowly reduce jobless rate in the next year.

U.S. stocks fall ahead of Bernanke testimony

Date: Wed, 07 Apr 2010 12:01:05 -0400

U.S. STOCKS FALL AHEAD OF BERNANKE TESTIMONY
U.S. stocks move lower as investors are cautious ahead of a speech
from Federal Reserve Chairman Ben Bernanke.

EUROPE SHARES OFF HIGHS AS GREEK BANKS, MINERS DIP
European shares backed away from recent highs on Wednesday, as
commodity-sector firms retreated, Greek banks fell and Renault shares
traded lower after signing a three-way tie-up with Daimler and Nissan.

GREENSPAN: SUBPRIME LOANS DID NOT CAUSE CRISIS
An insatiable global appetite for packaged pools of high-risk subprime
mortgages was a signficiant contributor to the financial crisis, jot
the subprime mortgages themselves, former Fed Chairman Alan Greenspan
tells a government-appointed inquiry panel in defense of his tenure.

ENERGY STOCKS FALL; MASSEY ENERGY EXTENDS SLIDE
Energy stocks fell Wednesday alongside a pullback in oil prices and
the broader equities market, and ahead of weekly supply data from the
Energy Information Administration.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks making notable moves in Wednesday's stock market include CKE,
Hanson Medical, Massey and Pure Bioscience.

China's state-owned giants enter green energy

Date: 7 APR 2010 04:55:25 GMT

A struggle for dominance in China's fast-growing electric-vehicle
charging business is attracting some of China's biggest state-owned
companies, as a domestic 'new energy' movement -- from battery-making
to wind power -- gathers steam, reports Caixin Online.

Tuesday, April 6, 2010

Stocks end mixed after a volatile trading day, as investors digest a cautious discussion from the Fed’s last policy meeting.

Date: Tue, 06 Apr 2010 18:28:56 -0400

Stocks end mixed after a volatile trading day, as investors digest a
cautious discussion from the Fed's last policy meeting.

U.S. stocks tally modest losses with Fed ahead

Date: Tue, 06 Apr 2010 12:01:02 -0400

U.S.STOCKS TALLY MODEST LOSSES WITH FED AHEAD
U.S. stocks retreat after a two-day rise as investors readied for the
afternoon release of minutes from the Federal Reserve's last
policy-setting meeting and the start of first-quarter earnings'
releases next week.

WHY U.K. ELECTION POLLS CAN BE MISLEADING
The polls indicate the Tories have somewhere between a four and ten
percentage point lead against the incumbent Labour Party. But the U.K.
doesn't hold a simple winner-take-all electoral affair.

BRITISH ELECTION TO BE FOUGHT ON DEFICIT, TAXES
Great Britain will hold a general election on May 6, focused on the
question of which party can best manage Britain's finances as the
nation limps out of the deepest recession in decades.

GREEK BONDS PLUNGE ON CONTINUED DEBT WORRIES
Greek government bonds fall sharply amid renewed worries over the
details of a standby aid program approved last month by euro-zone
leaders.

GOLD FUTURES SEEK DIRECTION FOLLOWING RECORD GAINS
Gold futures seesaw, looking for direction after hitting a four-week
high in the prior session. Gold for June delivery gains $1.30, or
0.1%, to $1.135.10 an ounce on the Comex division of the New York
Mercantile Exchange.

Monday, April 5, 2010

Breaking News: U.S. seeks maximum fine against Toyota

Date: Mon, 05 Apr 2010 14:16:08 -0600

WASHINGTON (AP) - The Transportation Department says it's seeking the
maximum penalty, more than $16 million, against Toyota for failing to
promptly notify the government about defective gas pedals among its
vehicles. The fine would be the largest civil penalty ever issued to
an automaker by the government.

U.S. stocks up; Dow average nears 11,000

Date: Mon, 05 Apr 2010 12:01:04 -0400

U.S STOCKS UP; DOW AVERAGE NEARS 11,000
U.S. stocks rise Monday, lifting Dow industrials within striking
distance of 11,000.

APPLE'S IPAD SALES HIGHLIGHT TECH ACTION
Gains from Apple Inc. highlight a broad advance in the tech sector in
early activity as Apple says it sold more than 300,000 iPads during
the first day of the touchscreen computer's release.

CRUDE OIL TOPS $86 A BARREL AFTER U.S. JOBS DATA
Crude futures top $86 a barrel, reaching fresh 18-month highs, as
investors react to a batch of economic data stretching back to Good
Friday's release of nonfarm payrolls for March. Traders read the data
as evidence that an improving U.S. economy will mean greater demand
for energy.

SANDRIDGE ENERGY BUYING ARENA FOR $1.6 BILLION
SandRidge Energy is paying about $1.6 billion in cash and stock to buy
Arena Resources as the company positions itself as one of the largest
producers of conventional oil and natural gas in western Texas.

ENTERGY WON'T PURSUE SPIN-OFF OF NUCLEAR-POWER ARM
Entergy will book potential charges pegged at 40 to 45 cents a share
against financial results as it moves to scrap plans to spin off its
nuclear-power unit. The company's board also approves its first
dividend increase in more than two and a half years.

Friday, April 2, 2010

International Headlines

4/02/2010
>TOP STORIES as of 0800 HKT -- 03 April, 2010

> IRAN MAY SEND WEAPONS TO TALIBAN, U.S. OFFICIAL SAYS
New U.S. military intelligence suggests Iran plans to smuggle
weapons into Afghanistan in the coming weeks, a senior U.S.
Defense Department official said Friday.

> TEEN ID'D AS MOSCOW SUBWAY BOMBER
Investigators identify one of the female suicide bombers in
Monday's deadly metro attacks in Moscow as teenager Dzhennet
Abdullayeva from Dagestan.

> 'CHARLIE'S ANGELS' FORSYTHE DIES
Actor John Forsythe has died at the age of 92, his publicist
said Friday.

> SINGER CITED FOR NAKED STROLL
Erykah Badu's naked stroll through downtown Dallas, Texas, for a
music video has earned her a disorderly conduct citation.

> FLIGHTS TO U.S. FACE TIGHTER SECURITY
The U.S. is to announce tougher airport checks Friday for people
entering the country as a result of a review ordered after the
failed December 25 attack over Detroit.

> PREACHER: ABUSE FURY 'LIKE ANTISEMITISM'
Pope Benedict XVI's personal preacher on Friday compared the
fury aimed at the Catholic leadership because of sexual abuse
within the Church to aspects of antisemitism.

> GAMERS PLEAD GUILTY TO BABY'S DEATH
A South Korean couple whose three-month-old daughter died of
malnutrition while they raised a virtual child in an online game
has pleaded guilty to negligent homicide.

> HITLER'S STUDENT SKETCHES UP FOR SALE
A British auction house plans to sell off newly discovered
sketches done by Adolf Hitler when he was a struggling student
trying desperately to get into art school.


BUSINESS
~~~~~~~~~~~

> DAIMLER FINED $185M FOR BRIBERY
German carmaker Daimler AG and three of its subsidiaries pleaded
guilty to bribing government officials with tens of millions of
dollars in Russia, China and 20 other countries, the U.S.
Justice Department announced.

> U.S. ECONOMY ADDS 162,000 JOBS
The U.S. economy created 162,000 jobs last month the government
said on Friday, bolstering hopes that the economic recovery is
gathering steam.

> U.S. MANUFACTURING ON THE INCREASE
Manufacturing activity grew for the eighth straight month in
March, at the fastest rates since July 2004, according to a new
report.

Employers added 162,000 jobs in March, though 48,000 of those are census hires, government says. Jobeless rate firm at 9.7%.

Date: Fri, 02 Apr 2010 10:46:52 -0400

Employers added 162,000 jobs in March, though 48,000 of those are
census hires, government says. Jobeless rate firm at 9.7%.

Thursday, April 1, 2010

Markets, Thursday, 04/1/2010

Date: Thu, 01 Apr 2010 17:34:45 -0400


|---------------------------------------------------------------------------|
| Dow : 10,834.41 down 1.74 | S & P : 1,165.16 down 2.56 |
| NASDAQ: 2,397.40 down 1.36 | Bond (10Y): 3.90% up 0.072
|----------------------------------------------------------------------------|

MARKETS:
Dow, S&P 500 at new 18-month highs
Stock advance recharges at the end of a choppy session ahead of a long
holiday weekend. Investors welcome improved readings on economy, but
show caution.

U.S. stocks advance on hope for global rebound

Date: Thu, 01 Apr 2010 12:01:15 -0400

U.S. STOCKS ADVANCE ON HOPE FOR GLOBAL REBOUND
U.S. stocks climb broadly on Thursday after reports that jobless
claims fell in the U.S. and international manufacturing expanded both
in Asia and Europe.

JOBLESS CLAIMS FALL 6,000 IN LATEST WEEK
The number of people applying for unemployment benefits falls 6,000 in
the week ended March 27 to a seasonally adjusted 439,000, the Labor
Department reports.

U.S. ISM MANUFACTURING INDEX RISES TO 6-YEAR HIGH
The U.S. manufacturing sector expands for an eighth straight month in
March, boosted by stronger orders and production, the Institute for
Supply Management reports.

DOLLAR RISES TO SEVEN-MONTH HIGH VERSUS YEN
The U.S. dollar rises to a seven-month high versus the Japanese yen,
though it fell against other currencies, as investors sorted through
global economic data that signaled the recovery was picking up pace.

RIM SHARES FALL ON WORRIES ABOUT REVENUE, OUTLOOK
Research In Motion Ltd. saw its shares fall Thursday morning after the
wireless device maker reported disappointing revenue and unit
shipments for the fourth fiscal quarter.

Manufacturing activity grows in March to the fastest pace since July 2004, purchasing managers say.

Date: Thu, Apr 1, 2010 at 10:22 AM

Manufacturing activity grows in March to the fastest pace since July
2004, purchasing managers say.

Energy: U.S. stocks open higher

Date: Thu, Apr 1, 2010 at 9:57 AM


U.S. stocks climb broadly on Thursday after reports that jobless
claims fell in the U.S. and international manufacturing expanded both
in Asia and Europe.