Markets, Friday, 07/30/2010

Date: Fri, 30 Jul 2010 17:31:07 -0400
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|---------------------------------------------------------------------------|
| Dow : 10,465.94 down 1.22 | S & P : 1,101.60 up 0.07
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| NASDAQ: 2,254.70 up 3.01 | Bond (10Y): 2.91% down 0.092
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MARKETS:
Stocks: Best monthly gain in a year
Major indexes end flat Friday, but post the first monthly rise since April.

Stocks cap the best monthly gain in a year, with all three major indexes rising more than 7% in July.

Date: Fri, 30 Jul 2010 16:02:06 -0400

Stocks cap the best monthly gain in a year, with all three major
indexes rising more than 7% in July.

Breaking news: July 2010 the deadliest month of Afghan war

Date: Fri, 30 Jul 2010 00:59:53 -0600

KABUL, Afghanistan -- The Associated Press is reporting that three
U.S. service members have been killed in Afghanistan, bringing the
toll for July to at least 63. That makes it the deadliest month for
American forces in the nearly 9-year-war.

U.S. stocks slump as growth figures disappoint

Date: Fri, 30 Jul 2010 12:00:58 -0400

U.S. STOCKS SLUMP AS GROWTH FIGURES DISAPPOINT
U.S. stocks fall Friday after government data showed economic growth
slowed in the second quarter, though they regain some lost ground
after better-than-expected reports on consumer confidence and
manufacturing.

MERCK'S PROFIT DROPS ON MERGER COSTS, REVAMP
Merck & Co. reports sharply lower second-quarter earnings, its bottom
line dragged down by costs associated with its recent takeover of
rival Schering-Plough Corp and a continuing restructuring program.

CHEVRON PROFIT TRIPLES AS REFINING RECOVERS
Chevron on Friday said its second-quarter net income tripled on higher
crude prices and a 3% rise in oil production, as the oil giant beat
Wall Street's profit target.

AEP'S QUARTERLY NET FALLS ON ONE-TIME COSTS
American Electric Power's second-quarter net earnings fall, but
adjusted profit comes in ahead of analysts' consensus forecast.

ROSY SECOND-HALF OUTLOOK LIFTS ALCATEL-LUCENT
Shares of Alcatel-Lucent rise as much as 8% as the telecoms-equipment
giant reports in-line underlying earnings.

International Headlines

Date: Fri, 30 Jul 2010 05:02:04 -0400
TOP STORIES as of 0900 GMT -- 30 July, 2010

> PRIVATE SUSPECTED IN WIKILEAKS TRANSFERRED
An Army private suspected of leaking classified material,
including videos and other documents, has been moved from Kuwait
to a Marine Corps brig in Virginia.

> DAUGHTERS: MOM IN BABY CASE SECRETIVE
A French woman who admitted to giving birth to and smothering
eight babies over a 17-year period was secretive but always
supportive of her family, two of her daughters say in a local
newspaper report.

> BA POSTS PRE-TAX LOSS OF $256.5 MILLION
British Airways announces a pre-tax loss of 164 million pounds
($256.5 million) for the three months ending June 30.

> NEW BP BOSS TO DISCUSS GULF RECOVERY
Incoming BP CEO Bob Dudley is expected to discuss the oil
giant's long-term recovery efforts in the Gulf of Mexico during
a news conference in Mississippi on Friday.

> OFFICIALS: MAJOR DRUG TRAFFICKER SLAIN
Ignacio "Nacho" Coronel, a top leader of the Sinaloa drug
cartel, was killed during a military raid in Guadalajara,
Mexico, sources say.

> ISRAELI CITY HIT BY PALESTINIAN ROCKET
The Israeli city of Ashkelon was hit by a rocket fired by
Palestinian militants in Gaza early Friday, causing minor
damage, but no injuries, the Israel Defense Forces spokesman
said.

> GULF OIL CLEANUP CHIEF DETAILS PLANS
The man overseeing the federal response to the Gulf oil disaster
will meet New Orleans parish presidents Thursday to outline the
plans after the well is permanently sealed.

> U.N., N. KOREA BACK IN SHIP SINKING TALKS
The U.S.-led United Nations Command will meet again Friday with
North Korea to discuss the sinking of a South Korean warship,
according to the U.S. Forces Korea website.

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

> AT $139, IS THE NEW KINDLE 'CHEAP'?
Prices in consumer electronics tend to fluctuate wildly.

> DEATH TOLL UP IN CHINESE FACTORY BLAST
The death toll stands at 13 in Wednesday's blast at a factory in
the eastern Chinese city of Nanjing, state-run Xinhua news
agency reported, citing remarks by authorities on Thursday.

> WHY IS OBAMA TAKING ON BIG BUSINESS?
Corporate chiefs may seem hardboiled, but they can be sensitive,
too. Take the ruckus they've been raising over what they
perceive to be rough treatment from the Obama White House.

U.S. economy grows at 2.4% annual rate in 2nd quarter, government says; 4th straight quarter of growth but below forecasts.

Date: Fri, 30 Jul 2010 08:31:04 -0400

U.S. economy grows at 2.4% annual rate in 2nd quarter, government
says; 4th straight quarter of growth but below forecasts.

Major U.S. indexes edge into positive territory; Dow, S&P 500 erase weekly losses

Date: Fri, 30 Jul 2010 10:48:24 -0400

Major U.S. indexes edge into positive territory; Dow, S&P 500 erase
weekly losses
07/30/2010 10:46:38 AM EDT

Stocks tumble at the open, with the Dow losing 91 points, after government reports pace of economic growth slowed in second quarter.

Date: Fri, 30 Jul 2010 09:33:04 -0400

Stocks tumble at the open, with the Dow losing 91 points, after
government reports pace of economic growth slowed in second quarter.

Markets, Thursday, 07/29/2010

Date: Thu, 29 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,467.16 down 30.72 | S & P : 1,101.53 down 4.60 |
| NASDAQ: 2,251.69 down 12.87 | Bond (10Y): 3.00% down 0.002
|---------------------------------------------------------------------------|

MARKETS:
Stocks edge lower
Markets bothered by comments from a Fed governor about deflation and
worries about GDP report.

International Headlines

Date: Thu, 29 Jul 2010 05:02:07 -0400

> DAY OF MOURNING HELD FOR CRASH VICTIMS IN PAKISTAN
Pakistan is observing a day of mourning for the 152 people who
died when a passenger plane went down in the outskirts of the
capital Islamabad the day before.

> S. KOREAN PM OFFERS SECOND RESIGNATION
South Korea's prime minister has offered to resign for a second
time, the prime minister's office said Thursday, after failure
to win parliamentary approval to stop relocation of government
offices out of the capital, Seoul.

> POLICE: 8 DEAD BABIES FOUND IN FRANCE
French police have detained a couple after the bodies of eight
newborn babies were found in northern France, some in a home and
others in the garden of another home.

> MILITARY PLANE CRASHES IN ALASKA
An Air Force C-17 cargo plane crashed on a local training
mission near the Elmendorf Air Force Base in Alaska on
Wednesday, a captain at the base said.

> CHINA FLOODS PUSH CHEMICALS INTO RIVER
Rising waters from flooding in northeastern China hit a chemical
plant and washed thousands of containers filled with explosive
chemicals into a river, state media said Thursday.

> BP OPTIMISTIC WELL WILL BE SEALED SOON
One hundred days after an oil well operated by BP ruptured in
the Gulf of Mexico, the man overseeing the federal response is
optimistic it will soon be permanently sealed.

> JUDGE BLOCKS ARIZONA IMMIGRATION LAW
A U.S. judge has blocked one of the most controversial parts of
an Arizona immigration law, preventing police from questioning
people about their immigration status.

> PENTAGON HAS 'MAIN SUSPECT' IN LEAK
The Pentagon is focusing on jailed U.S. soldier Bradley Manning
as the main suspect behind the leak of thousands of secret
Afghan war papers, a senior official says.

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

> SPECTER OF ARIZONA IMMIGRATION LAW SLOWLY DRAINS ECONOMY
Jairo Tellez's seafood distribution business is a family affair.
In the industrial warehouse that houses J and V Mariscos on the
west side of Phoenix, his wife, Vicki, and four of his seven
children load trucks, take phone calls, enter data and help care
for his infant grandson, who has a crib in Tellez's office.

> ARCELORMITTAL WARNS ON PACE OF UPTURN
Lakshmi Mittal sounded a warning note over the pace of the world
recovery after ArcelorMittal announced a 146 per cent rise in
underlying profits in the second quarter, compared with the same
period last year.

> SPAT HITS VENEZUELA-COLOMBIA TRADE
After the Colombian government accused Venezuela of harboring
terrorists last week, Venezuelan President Hugo Chavez broke off
relations with his neighbor, the latest in a financially-costly
series of spats.

Number of people filing for first-time unemployment benefits fell 11,000 in the latest week to 457,000.

Date: Thu, 29 Jul 2010 08:34:03 -0400

Number of people filing for first-time unemployment benefits fell
11,000 in the latest week to 457,000.

.U.S. stocks slip into negative territory; consumer-staples sector is hardest hit

Date: Thu, 29 Jul 2010 11:26:01 -0400

U.S. stocks slip into negative territory; consumer-staples sector is hardest hit
07/29/2010 11:24:05 AM EDT

Stocks open higher, with the Dow getting an early 70-point boost from strong Exxon earnings. Nasdaq, S&P 500 also rise.

Date: Thu, 29 Jul 2010 09:36:03 -0400

Stocks open higher, with the Dow getting an early 70-point boost from
strong Exxon earnings. Nasdaq, S&P 500 also rise.

Markets, Wednesday, 07/28/2010

Date: Wed, 28 Jul 2010 17:32:07 -0400

|---------------------------------------------------------------------------|
| Dow : 10,497.88 down 39.81 | S & P : 1,106.13 down 7.71 |
| NASDAQ: 2,264.56 down 23.69 | Bond (10Y): 3.00% down 0.046
|---------------------------------------------------------------------------|

MARKETS:
Stocks fall on economic fears
Market slides after weaker durable goods orders report adds to worries
about growth.

Breaking News: Judge blocks parts of Ariz. immigration law

Date: Wed, 28 Jul 2010 11:24:03 -0600

A judge has blocked the most controversial sections of Arizona's new
immigration law from taking effect Thursday, handing a major legal
victory to opponents of the crackdown.

U.S. stocks mildly lower after data disappoint

Date: Wed, Jul 28, 2010 at 12:00 PM

U.S. STOCKS MILDLY LOWER AFTER DATE DISAPPOINT
U.S. stocks fall as another piece of disappointing economic data threatens to snap a four-day win streak for Wall Street.

BP TAKING $10 BILLION TAX CREDIT FROM SPILL
Outgoing CEO Tony Hayward says the company has followed IRS regulations as they're currently written.

BP APPOINTS ROBERT DUDLEY AS NEW CEO
BP's new chief executive, Robert Dudley, is an industry veteran with wide-ranging qualifications, but it was his American passport as much as his in-depth knowledge of Russia and his green credentials that sealed the deal for the board. 

SURPRISE DROP IN JUNE U.S. DURABLE-GOODS ORDERS
Weakness in many categories of built-to-last products drive orders for new U.S.-made durable goods down by 1.0% in June, the second straight monthly decline and the biggest drop in 10 months, Commerce Department data show.

Markets open lower after a report shows a decline in manufacturing. Dow dips 12 points.

Date: Wed, 28 Jul 2010 09:31:04 -0400

Markets open lower after a report shows a decline in manufacturing.
Dow dips 12 points.

Breaking News

Date: Wed, 28 Jul 2010 09:00:07 -0400

Pentagon official says jailed U.S. soldier Bradley Manning is main
suspect in case of leaked Afghanistan war documents.

U.S. orders for durable goods unexpectedly weaken, down 1% for June

Date: Wed, 28 Jul 2010 08:33:55 -0400

U.S. orders for durable goods unexpectedly weaken, down 1% for June
07/28/2010 08:31:59 AM EDT

Breaking News

Date: Wed, 28 Jul 2010 07:32:06 -0400

No survivors on board Pakistani Airblue plane that crashed outside
Islamabad, official says, confirming 152 people dead.

International Headlines

Date: Wed, 28 Jul 2010 05:02:04 -0400
>TOP STORIES as of 0900 GMT -- 28 July, 2010

> EIGHT PULLED ALIVE FROM PAKISTANI PLANE CRASH
Eight survivors have been pulled from the wreckage of a
Pakistani Airblue passenger plane carrying 152 people which
crashed into hills outside Islamabad.

> AU RELUCTANT TO CHANGE ROLE IN SOMALIA
The African Union summit ended Tuesday without a resolution to
change the mandate of its mission in Somalia from peacekeeping
to peace enforcing, despite calls from some African leaders to
do so.

> REPORT: BILLIONS FOR IRAQ UNACCOUNTED
A federal audit of $9.1 billion targeted for reconstruction in
Iraq cannot account for more than 95 percent of it, a federal
report said Tuesday.

> S. KOREA-U.S. DRILLS ENTER FOURTH DAY
The United States and South Korea on Wednesday plan to end their
joint military exercises aimed at warning North Korea to stop
acts of aggression.

> CHINA: EXPLOSION AT FACTORY KILLS SIX
A plastics factory in eastern China exploded Wednesday, killing
at least three people and sending hundreds more to the hospital,
state media reported.

> U.S.: LEAKED REPORTS NOT TOP-SECRET
American officials from U.S. President Barack Obama down are
trying to downplay the leak of tens of thousands of documents
about the war in Afghanistan.

> IRAN 'READY TO RESOLVE NUCLEAR DISPUTE'
Iran is ready for "effective cooperation" to resolve the dispute
over its nuclear program, the nation's president, Mahmoud
Ahmadinejad, said in an interview with state media.

> BLIX: U.S. WAS 'HIGH ON MILITARY' OVER IRAQ
The man who led the effort to find Iraq's suspected nuclear,
chemical, and biological weapons programs, criticizes the U.S.
and Britain for launching the war without evidence.

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

> STARCRAFT: S. KOREA'S `NATIONAL SPORT'?
In South Korea, the launch of "StarCraft II: Wings of Liberty"
is more than just a follow-up to one of the PC industry's
top-selling games -- it could shake up what many see as the
North Asian country's national sport.

> BUSINESS SCHOOLS TEACHING HAYWARD DISASTER LESSONS
BP's chief Tony Hayward is getting a lot of attention at
colleges across the country. His actions during the Gulf oil
spill are being studied as an example of how NOT to handle a
disaster.

> NEXT BP BOSS VOWS TO LEARN FROM SPILL
BP documents sent to the U.S. Coast Guard this month provide the
"smoking gun" -- showing the extent of oil spewed from the oil
giant's crippled well into the Gulf of Mexico, the head of the
House Energy and Environment Subcommittee said Tuesday.

Markets, Tuesday, 07/27/2010

Date: Tue, 27 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,537.69 up 12.26 | S & P : 1,113.84 down 1.17
|
| NASDAQ: 2,288.25 down 8.18 | Bond (10Y): 3.05% up 0.053
|----------------------------------------------------------------------------|

MARKETS:
Stocks: Earnings help, economy hurts
Markets end mixed as strong quarterly results from DuPont and others
compete with a weaker-than-expected report on consumer sentiment.

Stocks end mixed, with the Dow gaining 13 points, after strong corporate earnings overshadowed a gloomy consumer confidence report.

Date: Tue, 27 Jul 2010 16:03:04 -0400

Stocks end mixed, with the Dow gaining 13 points, after strong
corporate earnings overshadowed a gloomy consumer confidence report.

GM sets $41,000 price for Chevrolet Volt electric car.

Date: Tue, 27 Jul 2010 12:07:03 -0400

GM sets $41,000 price for Chevrolet Volt electric car.

U.S. stocks torn between corporate results, data

Date: Tue, 27 Jul 2010 12:01:09 -0400

U.S. STOCKS TORN BETWEEN CORPORATE RESULTS, DATA
U.S. stocks climb Tuesday following a rise in U.S. home prices for May
along with another round of strong earnings.

BP REPORTS $17.2 BLN LOSS, APPOINTS DUDLEY CEO
Embattled U.K. oil giant BP PLC names Robert Dudley its new chief
executive, replacing Tony Hayward, as it reports a $17.2 billion
quarterly loss and takes $32.2 billion in charges linked to its
response to the Gulf of Mexico spill.

BP TAKING $10 BILLION TAX CREDIT FROM SPILL
Oil giant BP PLC will reduce its contribution to U.S. coffers by
roughly $10 billion due to a tax credit the company is claiming it
incurred from the Gulf of Mexico oil spill.

BP APPOINTS ROBERT DUDLEY AS NEW CEO
BP's new chief executive, Robert Dudley, is an industry veteran with
wide-ranging qualifications, but it was his American passport as much
as his in-depth knowledge of Russia and his green credentials that
sealed the deal for the board.

CONTROVERSIAL CLEANUP: BP'S FRAUGHT QUARTER
Gallery of pictures and charts illustrating the oil major's tough three months.

Consumer-confidence index falls in July to lowest level since February: Conference Board

Date: Tue, 27 Jul 2010 10:07:10 -0400

Consumer-confidence index falls in July to lowest level since
February: Conference Board
07/27/2010 10:04:26 AM EDT

House prices up 1.3% in May from April in 20 U.S. metro areas, S&P/Case-Shiller data show

Date: Tue, 27 Jul 2010 09:08:18 -0400

House prices up 1.3% in May from April in 20 U.S. metro areas,
S&P/Case-Shiller data show
07/27/2010 09:06:28 AM EDT

Breaking news: BP CEO Hayward to step down Oct. 1

Date: Tue, 27 Jul 2010 00:18:18 -0600

LONDON -- BP says CEO Tony Hayward will step down on Oct. 1. He will
be succeeded by American Robert Dudley.

International Headlines

Date: Tue, 27 Jul 2010 05:02:06 -0400
TOP STORIES as of 0900 GMT -- 27 July, 2010

> HAYWARD OUT AS BP POSTS MASSIVE $17 BILLION LOSS
BP announces beleagured boss Tony Hayward is to step down in
October, as the oil firm details the financial fallout of the
biggest oil spill in U.S. history.

> GREENPEACE TARGETS LONDON BP STATIONS
Greenpeace protesters shut down 10 to 15 BP stations in London
on Tuesday, after the oil company announced its second-quarter
results, BP said.

> BOSNIAN LEADER FACES EXTRADITION RULING
A judge is expected to decide Tuesday whether former Bosnian
leader Ejup Ganic should be extradited to Belgrade.

> AU COMMISSION: SOMALIA NEGLECTED
The lack of a global response to the Somali crisis has created
fertile ground for threats to regional peace in Eastern Africa
and the rest of the continent, the president of the African
Union Commission said Monday.

> LEAKED REPORTS DESCRIBE HORROR OF WAR
What appear to be U.S. reports leaked by a whistleblower website
chronicle in detail the twists, turns and horror of Operating
Enduring Freedom.

> KARZAI: NATO CAUSED 52 CIVILIAN DEATHS
Afghani President Hamid Karzai has slammed a NATO strike that he
said caused 52 civilian deaths. NATO says there is no evidence
of casualties beyond insurgents.

> OBJECTS FLOAT AWAY FROM SPACE STATION
The spacewalk Tuesday was meant to replace a video camera and
update cable connections to a module of the International Space
Station.

> ISRAELI HELICOPTER CRASHES IN ROMANIA
Seven people, including six Israelis, are feared dead after an
Israeli helicopter crashed in Romania on Monday during a joint
military exercise, the Romanian Defense Ministry said.

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

> APPLE'S IPAD GOES TO COLLEGE
The iPad is about to have its academic chops put to the test
this fall in a number of programs around the country.

> EU GREEN LIGHT FOR ICELAND ENTRY TALKS
European Union foreign ministers have formally given a green
light for negotiations to begin over Iceland's bid for
membership of the 27-country bloc.

> U.S. LAW TARGETS 'CONFLICT MINERALS' IN CONGO
A new U.S. law aims to ensure that the smart phone glued to your
ear is not helping fund wars in Congo and neighboring countries.

Markets, Monday, 07/26/2010

Date: Mon, 26 Jul 2010 17:32:07 -0400

|---------------------------------------------------------------------------|
| Dow : 10,525.43 up 100.81 | S & P : 1,115.01 up 12.35
|
| NASDAQ: 2,296.43 up 26.96 | Bond (10Y): 2.99% up 0.000
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally on housing, FedEx
Market gains as investors welcome delivery firm's improved outlook and
a rise in new home sales. Dow ends in positive territory for 2010.

BP board to rule on fate of CEO Hayward Monday

Date: Mon, 26 Jul 2010 12:01:00 -0400

BP BOARD TO RULE ON FATE CEO HAYWARD MONDAY
BP will debate the fate of embattled Chief Executive Tony Hayward at a
board meeting this evening but stressed that no final decision has
been made.

U.S. STOCK GAINS HAVE DOW ERASING 2010 LOSSES
U.S. stocks climb for a third session, lifting the Dow industrials
back into positive territory for 2010 after the government reports
new-home sales rose in June and shipper FedEx Corp. hikes its outlook.

S&P 500 ETF MAY BE SENDING BEARISH SIGNAL
Investors are hoping a summer rally will revive their battered stock
portfolios, but the recent action in a key exchange-traded fund
tracking the Standard & Poor's 500 Index suggests a troubling lack of
buyer conviction.

BANKS DRIVE GAINS IN EUROPEAN STOCK MARKETS
Investors take their first chance to react to news that only a handful
of lenders failed the European stress tests.

New home sales rise 23.6% in June to 330,000 annual rate, second-lowest rate since recordkeeping began, government says.

Date: Mon, 26 Jul 2010 10:04:05 -0400

New home sales rise 23.6% in June to 330,000 annual rate,
second-lowest rate since recordkeeping began, government says.

International Headlines

Date: Mon, 26 Jul 2010 05:02:07 -0400
TOP STORIES as of 0900 GMT -- 26 July, 2010

> KHMER ROUGE PRISON CHIEF GUILTY OF GENOCIDE
The Cambodian war crimes tribunal sentences Kaing Guek Eav,
alias Duch, to 35 years in prison for running a notorious
torture prison under the Khmer Rouge.

> LEAKED DOCUMENTS 'SHOCK' AFGHANISTAN
The Afghan government said Monday it was "shocked" as it sifted
through tens of thousands of leaked U.S. military and diplomatic
reports on the war in Afghanistan that a whistleblower website
posted a day earlier.

> IRAQ: SUICIDE BOMBER TARGETS AL-ARABIYA
A suicide car bomb targeted the bureau of al-Arabiya TV in
central Baghdad on Monday, Iraq's interior ministry said.

> BP: NO DECISIONS MADE ON CEO CHANGE
BP said Monday morning that no final decision had been made
regarding changes to the company's management.

> U.S., S. KOREA BEGIN MILITARY DRILLS
Amid heightened tensions with North Korea, the United States and
South Korea on Sunday began joint military exercises.

> FESTIVAL CANCELED AFTER DEATH STAMPEDE
The death toll from the stampede at a German music festival is
now at 19, police in Duisburg, Germany, said Sunday. The number
of people injured when chaos broke out at Saturday's "Love
Parade 2010" has also risen -- to 400, police said.

> SUSPECT IN MEXICO CAR ATTACK ARRESTED
A man who police say was responsible for a fatal car bombing in
Ciudad Juarez, Mexico, that killed three people is in custody,
municipal police said.

> 1 KILLED, 10 WOUNDED IN BANGKOK BLAST
A bomb exploded Sunday in front of a busy shopping area in
Bangkok, Thailand, killing at least one man, authorities said.

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

> U.S. LAW TARGETS 'CONFLICT MINERALS' IN CONGO
A new U.S. law aims to ensure that the smart phone glued to your
ear is not helping fund wars in Congo and neighboring countries.

> SEVEN OUT OF 91 BANKS FAIL EU STRESS TESTS
Seven out of 91 European banks have failed an EU-wide test to
determine if they have enough capital to withstand future
potential economic shocks.

International Headlines

Date: Sat, 24 Jul 2010 05:02:06 -0400
TOP STORIES as of 0900 GMT -- 24 July, 2010

> NORTH KOREA RAMPS UP THREATS AGAINST U.S. MILITARY EXERCISES
North Korea says it will use "nuclear deterrence" to counter
upcoming U.S.-South Korea military exercises prompted after a
South Korean warship was sunk.

> MASS GRAVES DISCOVERED IN MEXICO
Authorities in the Mexican border state of Nuevo Leon are
investigating after finding at least 38 bodies in nine hidden
mass graves, the state's attorney general said.

> 7 OUT OF 91 BANKS FAIL EU STRESS TESTS
Of 91 European banks, only seven fail to satisfy an EU measure
of capital strength, causing some analysts to question the rigor
of so-called banking "stress tests."

> EARTHQUAKES STRIKE SOUTH OF PHILIPPINES
A 7.3-magnitude earthquake struck the Philippines' Moro Gulf
early Saturday, according to the U.S. Geological Survey.

> STORM DISRUPTS GULF OIL SPILL RELIEF EFFORT
More than 2,000 workers involved in efforts to dig a relief well
are preparing to evacuate as Tropical Storm Bonnie heads for
areas affected by the Gulf of Mexico oil spill.

> WORKER: GULF OIL RIG ALARM WAS 'INHIBITED'
An alarm on the Deepwater Horizon had been "inhibited" nearly a
year before the April 20 explosion that started the nation's
worst oil disaster, a worker testified today.

> DRONE STRIKE IN PAKISTAN KILLS 16
A suspected U.S. drone strike in Pakistan's tribal region killed
16 alleged militants Saturday morning, Pakistani officials sais.

> MCCHRYSTAL JOKES AT RETIREMENT EVENT
A ceremony honoring retiring Army Gen. Stanley McChrystal is
scheduled for Friday in Washington

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

> FOR ALL ITS MIGHT, GOOGLE IS NO 'PRODUCT-KILLER'
Google has invested billions of dollars building dozens of
different products across a wide swath of the technology
industry, from productivity tools to mobile phones to
e-commerce.

> AVIATION BOOM AS FARNBOROUGH DEALS HIT $47 BILLION
A total of $47 billion worth of deals were struck this year at
Farnborough Airshow, the event's organizers announced Friday.

> FORD POSTS BEST QUARTER IN SIX YEARS
Ford Motor continued its successful turnaround as
better-than-expected sales and profits easily outdistanced
expectations and reversed the operating loss of a year ago.

Markets, Friday, 07/23/2010

Date: Fri, 23 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,424.62 up 102.32 | S & P : 1,102.66 up 8.99
|
| NASDAQ: 2,269.47 up 23.58 | Bond (10Y): 2.99% up 0.062
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally on day, week
Market surges after European stress tests reassure investors about the
global economy. Stronger profit results from Microsoft, Ford and AmEx
also in focus.

Stocks close higher after European banks pass stress tests. Dow finishes up 101 points; Nasdaq, S&P each gain about 1%.

Date: Fri, 23 Jul 2010 16:02:07 -0400

Stocks close higher after European banks pass stress tests. Dow
finishes up 101 points; Nasdaq, S&P each gain about 1%.

Regulators say Europe's major banks pass stress tests, would survive a severe downturn. But 7 mostly smaller lenders could suffer.

Date: Fri, 23 Jul 2010 13:14:04 -0400

Regulators say Europe's major banks pass stress tests, would survive a
severe downturn. But 7 mostly smaller lenders could suffer.

Stress test methodology triggers jitters

Date: Fri, 23 Jul 2010 12:01:56 -0400

STRESS TEST METHODOLOGY TRIGGERS JITTERS
Details of the methodology behind the stress tests conducted on 91
European banks emerged Friday, erasing gains for the European single
currency.

U.S. STOCKS TICK HIGHER AHEAD OF STRESS TESTS
U.S. stocks edge up Friday as investors take encouragement from a
round of largely positive earnings, but concerns simmer that the
results of European bank stress tests won't resolve lingering
uncertainties about the banks' stability.

GOOGLE MISSES DEADLINE IN HIGH-PROFILE L.A. DEAL
Roughly nine months after Google edged out rival Microsoft to win a
high-profile contract to supply email and collaboration software to
the City of Los Angeles, the company misses a June deadline for full
implementation due to lingering security concerns.

AMAZON SHARES FALL AFTER EARNINGS DISAPPOINT
Amazon.com shares fall Friday morning, a day after the firm posted
second-quarter earnings that missed Wall Street's estimates as it
upped infrastructure and marketing spending.

AMAZON INCURS WALL STREET'S WRATH
At first blush it might seem that Wall Street is bored with Amazon.com
Inc., whose stock price has plunged to its lowest point in about nine
months.

International Headlines

Date: Fri, 23 Jul 2010 05:02:08 -0400
TOP STORIES as of 0900 GMT -- 23 July, 2010

> STORM DISRUPTS GULF OF MEXICO RELIEF WELL OPERATION
More than 2,000 workers involved in efforts to dig a relief well
are preparing to evacuate as Tropical Storm Bonnie heads for
areas affected by the Gulf of Mexico oil spill.

> AUSTRALIAN PM LAYS OUT CLIMATE PLAN
Australian PM Julia Gillard on Friday embraced the same policy
on climate change that her predecessor failed to pass, but said
any action would be delayed until 2012.

> ISRAEL TO LIMIT USE OF WHITE PHOSPHORUS
Israel pledged to limit the use of munitions containing white
phosphorus and make greater efforts to protect civilians during
conflicts, in a report this week to the United Nations.

> U.N., N. KOREA DISCUSS SINKING OF SHIP
The second round of talks between North Korea and the U.S.-led
U.N. Command on the peninsula ended Friday.

> VENEZUELA BREAKS TIES WITH COLOMBIA
Venezuelan President Hugo Chavez said Thursday that he is
breaking off relations with Colombia and called the country's
president "crazed."

> COURT: KOSOVO'S INDEPENDENCE LEGAL
Kosovo's declaration of independence from Serbia in 2008 did not
violate international law, according to an advisory opinion
issued by the International Court of Justice.

> U.N. STEPS UP DEFENSE OF ITS BOSS
The United Nations stepped up its defense Thursday of its
beleaguered boss with high-level staffers speaking out in
support of Secretary-General Ban Ki-moon.

> EUROPE BANKS SET FOR STRESS TESTS
European officials are scheduled to issue report cards Friday
afternoon following stress tests of 91 major banks. The tests
will rate how big banks would fare in another economic downturn.

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

> GULF SPILL COULD COST REGION $22.7 BILLION IN TRAVEL DOLLARS
Perception is the wild card in how the oil disaster will affect
the Gulf coast region's travel revenue, according to analysis
conducted by Oxford Economics for the U.S. Travel Association.

> AIR-LEASE PIONEER PREDICTS AVIATION GROWTH
Aircraft leasing pioneer Steven Udvar-Hazy tells CNN the
aviation industry is finally bouncing back from the economic
downturn as he places orders valued in the region of $10 billion
at the Farnborough Air Show.

> BECKHAM BOOSTS LEGO TAJ MAHAL SALES
At $300, Lego's Taj Mahal model replica is considered the
biggest and one of the most advanced models developed by Lego
Group to date.

Stocks open lower as investors await reports on European stress tests and U.S. exec pay. Dow edges down 28 points.

Date: Fri, 23 Jul 2010 09:33:03 -0400

Stocks open lower as investors await reports on European stress tests
and U.S. exec pay. Dow edges down 28 points.

President Obama has signed a bill extending unemployment benefits through November. Millions to see checks restored.

Date: Thu, 22 Jul 2010 18:21:07 -0400

President Obama has signed a bill extending unemployment benefits
through November. Millions to see checks restored.

Markets, Thursday, 07/22/2010

Date: Thu, 22 Jul 2010 17:32:06 -0400

|---------------------------------------------------------------------------|
| Dow : 10,322.30 up 201.77 | S & P : 1,093.67 up 24.08
|
| NASDAQ: 2,245.89 up 58.56 | Bond (10Y): 2.93% up 0.040
|---------------------------------------------------------------------------|

MARKETS:
Dow's 200-point rebound
Better-than-expected results and forecasts from UPS, 3M and
Caterpillar help lift stocks. A smaller-than-expected drop in existing
home sales and a rise in the euro are also in play.

House passes unemployment benefits extension, sends the bill to President Obama for his signature.

Date: Thu, 22 Jul 2010 14:13:03 -0400

House passes unemployment benefits extension, sends the bill to
President Obama for his signature.

International Headlines

Date: Thu, 22 Jul 2010 05:02:04 -0400
>TOP STORIES as of 0900 GMT -- 22 July, 2010

> FLOODING FEARS HEIGHTEN AS STORM NEARS CHINA COAST
Tropical storm Chanthu is edging ominously closer to an area of
southern China that is already deluged with rain and deadly
floods.

> IRAN: SCIENTIST LEARNED INFO ABOUT CIA
The Iranian nuclear scientist who returned home last week from
the United States has provided valuable information about the
CIA, Iran's semiofficial Fars news agency said Wednesday.

> SUDAN LEADER DEFIES WARRANT ON TRIP
Sudan's President Omar al-Bashir visits neighbouring Chad -- a
country required to arrest him for war crimes and hand him over
to the International Criminal Court .

> BP MAY EFFORT PERMANENT SEAL OF WELL
In the next 48 hours, BP could begin pumping mud into its
damaged Gulf of Mexico well to force oil back into the reservoir
below, an operation called a "static kill."

> BAIDU PROFITS SURGE
While Google struggles in China, local search giant Baidu is
soaring to new heights. Baidu's earnings doubled in the most
recent quarter as its sales hit a record high.

> VISA OF PIANIST ACCUSED OF RAPE REVOKED
Thailand has revoked the visa of a Russian pianist accused of
raping a 14-year-old boy, an immigration official said Thursday.

> BRAZIL ENACTS RACIAL DISCRIMINATION LAW
With a few quick strokes of a pen this week, Brazilian President
Luiz Inacio Lula da Silva signed into law a widely debated
measure that aims to end hundreds of years of racial disparity.

> BP BOSS INVITED TO US LOCKERBIE HEARING
The Senate Foreign Relations Committee has invited BP Chief
Executive Tony Hayward to answer questions next week about BP
and the release of the convicted Lockerbie bomber, a
congressional source told CNN Wednesday.

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

> OBAMA SIGNS WALL STREET REFORM LAW
U.S. President Barack Obama inks the most sweeping overhaul of
the financial system since the New Deal, giving regulators
stronger powers to break up financial firms that have grown too
big.

> GOLDMAN PROFITS PLUMMET BY 83 PERCENT
Goldman Sachs reports a steep drop in quarterly profits as the
exceptional trading conditions that followed the 2008 financial
crisis evaporated, exacting a toll on Wall Street's most
powerful profit engine.

Number of people filing for first-time jobless benefits jumps 37,000 to 464,000 in the latest week -- many more than expected.

Date: Thu, 22 Jul 2010 08:38:05 -0400

Number of people filing for first-time jobless benefits jumps 37,000
to 464,000 in the latest week -- many more than expected.

U.S. existing-home sales fall 5.1%; Realtors say inventory could pressure prices

Date: Thu, 22 Jul 2010 10:05:08 -0400

U.S. existing-home sales fall 5.1%; Realtors say inventory could pressure prices
07/22/2010 10:03:09 AM EDT

Stocks rally at the open as investors seek to recoup previous session's losses. Dow, Nasdaq, S&P 500 surge more than 1.2%.

Date: Thu, 22 Jul 2010 09:35:07 -0400

Stocks rally at the open as investors seek to recoup previous
session's losses. Dow, Nasdaq, S&P 500 surge more than 1.2%.

Senate votes 59 to 39 to extend unemployment benefits. House expected to vote Thursday.

Date: Wed, 21 Jul 2010 19:04:07 -0400

Senate votes 59 to 39 to extend unemployment benefits. House expected
to vote Thursday.

Markets, Wednesday, 07/21/2010

Date: Wed, 21 Jul 2010 17:31:05 -0400

|---------------------------------------------------------------------------|
| Dow : 10,120.53 down 109.43| S & P : 1,069.59 down 13.89 |
| NASDAQ: 2,187.33 down 35.16| Bond (10Y): 2.89% down 0.040
|---------------------------------------------------------------------------|

MARKETS:
Stocks slump on Bernanke comments
Fed chairman's uncertain outlook on the economy serves to unnerve
investors, adding to market weakness.

Dow tumbles 100 points after Bernanke testifies that economic recovery is 'unusually uncertain.'

Date: Wed, 21 Jul 2010 14:32:04 -0400

Dow tumbles 100 points after Bernanke testifies that economic recovery
is 'unusually uncertain.'

Fed Chairman Ben Bernanke says economic outlook is 'unusually uncertain' - sees continued growth, but warns of possible setbacks.

Date: Wed, 21 Jul 2010 14:01:08 -0400

Fed Chairman Ben Bernanke says economic outlook is 'unusually
uncertain' - sees continued growth, but warns of possible setbacks.

Obama signs Wall Street reform bill into law, saying 'it will provide the strongest consumer protections in history.'

Date: Wed, Jul 21, 2010 at 11:51 AM

Obama signs Wall Street reform bill into law, saying 'it will provide the strongest consumer protections in history.'

Stocks fall after see-sawing on mixed results

Date: Wed, Jul 21, 2010 at 12:00 PM

STOCKS FALL AFTER SEE-SAWING ON MIXED RESULTS
U.S. stocks on Wednesday lurched between gains and losses as investors awaited comments from Federal Reserve Chairman Ben Bernanke and weighed mixed results from household names including Coca-Cola Co. and Apple Inc. 

DOLLAR MOSTLY HIGHER, EURO SLIPS AHEAD OF BERNANKE
The U.S. dollar advances versus the euro and other major currencies as investors await congressional testimony later in the day by U.S. Federal Reserve Chairman Ben Bernanke. 

MINERAL EXTRACTORS LEAD SHARP GAINS IN EUROPE
European shares rise on Wednesday, helped by another day of gains for commodity-sector firms and earnings from technology companies.

STEEL MAKERS FRONT BROAD GAINS IN ASIA
Most Asian markets advance steel stocks rally on news China is aiming to consolidate the local industry, while Japanese exporters shrink on the yen's strength against major currencies. 

International Headlines

Date: Wed, 21 Jul 2010 05:02:07 -0400
>TOP STORIES as of 0900 GMT -- 21 July, 2010

> CLINTON, GATES CRITICIZE N. KOREA DURING TRIP TO SOUTH
Top U.S. officials visit S. Korea in a rare meeting to show U.S.
support for the key Asian ally over the sinking of its warship,
which a probe said North Korea was responsible for.

> STORM BARRELS TOWARD SOUTHERN CHINA
A tropical storm is intensifying and making its way toward
southern China, coming on the heels of major flooding and
landslides in the country's center.

> BRITISH PM: I UNDERSTAND U.S. ANGER AT BP
As tests continue Tuesday on BP's ruptured oil well in the Gulf
of Mexico, scientists are weighing a new option for permanently
sealing it.

> AFGHANISTAN TO ASSUME SECURITY BY 2014
Afghanistan is "determined" to be responsible for its own
security operations by 2014, President Hamid Karzai has told an
international donors conference in Kabul.

> VENEZUELA OWNS PART OF OPPOSITION TV
Venezuela will name a government representative to the board of
opposition broadcaster Globovision, Venezuelan President Hugo
Chavez said in speech Tuesday.

> FRENCH FOOTBALLERS QUIZZED IN SEX PROBE
Two members of the French national soccer team, Franck Ribery
and Karim Benzema, were being questioned by French police
Tuesday in connection with an alleged underage prostitution
ring, French police said.

> EXITING OFFICIAL: U.N. SLIPS INTO IRRELEVANCE
A departing senior U.N. official has released a rare rebuke of
her boss's performance -- saying the United Nations is "drifting
into irrelevance" under Secretary-General Ban Ki-moon's
management.

> GOLDMAN PROFITS PLUMMET BY 83 PERCENT
Goldman Sachs reported a steep drop in quarterly profits on
Tuesday as the exceptional trading conditions that followed the
2008 financial crisis evaporated, exacting a toll on Wall
Street's most powerful profit engine.

BUSINESS
~~~~~~~~~~~
> COURT APPROVES BAIL FOR CONRAD BLACK
An U.S. appellate court rules that jailed media mogul Conrad
Black can be released on bail. A judge will now set the bail
conditions for Black, who is serving a six-and-a-half-year
prison term for fraud.

> CHINA NOW WORLD'S BIGGEST ENERGY USER
China overtook the U.S. last year to become the world's biggest
energy user, the International Energy Agency reveals.

> OIL SPILL WILL 'FOREVER CHANGE' INDUSTRY
Interior Department regulators designing disaster contingency
plans didn't prepare for a calamity the size of the current Gulf
of Mexico oil spill crisis because of a lack of precedent, a
former interior secretary said Tuesday.

Markets, Tuesday, 07/20/2010

Date: Tue, 20 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,229.96 up 75.53 | S & P : 1,083.48 up 12.23
|
| NASDAQ: 2,222.49 up 24.26 | Bond (10Y): 2.93% down 0.032
|---------------------------------------------------------------------------|

MARKETS:
Wall Street stages a comeback
Wall Street struggles higher in afternoon trading with Dow bouncing
back from 146-point drop, as investors look to second-quarter results
from Apple and Yahoo.

Breaking News Tue., July 20, 2010

Date: Tue, 20 Jul 2010 12:12:20 -0700 (PDT)

Interim W. Va. Senator Casts Vote Breaking GOP Filibuster on Extension
of Jobless Benefits [2:58 p.m. ET]

Goldman Sachs profit slumps 82%

Date: Tue, 20 Jul 2010 12:01:01 -0400

GOLDMAN SACHS PROFIT SLUMPS 82%
Goldman's second-quarter profit is hurt by its settlement with the
SEC, the U.K. bank payroll tax and sharp revenue drops in its trading
and investment-banking units.

GOLDMAN'S SHINE DULLS A LITTLE
Earnings day used to be Goldman Sachs Group Inc.'s day to shine, an
opportunity to remind the doubters that the investment bank was still
the best in class.

GOLDMAN'S NEW DREAM-INCEPTION TECHNOLOGY
They get in fast. Milliseconds: "Implant." Out fast: "Extraction." All
traces erased. What happened? Paradigm shifted? Not sure? Maybe
Goldman's latest high-frequency trading algorithms? No. Maybe
artificial intelligence? No.

U.S. STOCKS LAPSE AS QUARTERLY REPORTS DISAPPOINT
Stocks decline, bringing the Dow industrials precipitously close to
10,000 for the first time in nearly two weeks, as investors jeer
less-than-expected revenue from companies including Goldman Sachs
Group and International Business Machines.

TUESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks that are seeing significant moves in trading Tuesday include
Harley-Davidson, IBM, RadioShack and Texas Instruments.

Markets, Monday, 07/19/2010

Date: Mon, 19 Jul 2010 17:31:08 -0400

|---------------------------------------------------------------------------|
| Dow : 10,154.43 up 56.53 | S & P : 1,071.25 up 6.37
|
| NASDAQ: 2,198.23 up 19.18| Bond (10Y): 2.96% up 0.025
|---------------------------------------------------------------------------|

MARKETS:
Stocks close higher after late-day advance
Investors look past a drop in homebuilder confidence to focus on
second-quarter results from 122 companies this week.

U.S. stocks waver after downbeat housing data

Date: Mon, 19 Jul 2010 12:01:02 -0400

U.S. STOCKS WAVER AFTER DOWNBEAT HOUSING DATA
Stocks maintain tentative gains after a monthly survey finds increased
pessimism among home builders, offsetting better-than-expected
quarterly results from oilfield-services firm Halliburton.

AIRBUS SCORES MORE THAN $9 BLN OF A320 ORDERS
Air Lease Corp., a new leasing company, placed an order Monday for 51
Airbus A320 family jets valued at $4.43 billion at list prices.

AIRBUS, BOEING FACE DECISION ON SINGLE-AISLE JETS
As much as they may wish to do so, Boeing and Airbus won't be able to
delay sprucing up their bestselling 737 and A320 jet families much
longer, as competition from smaller manufacturers heats up and
airlines clamor for more fuel-efficient planes.

QATAR MAY STILL ORDER C-SERIES BUT TALKS STALLED
Qatar Airways is still in talks with Canadian aircraft maker
Bombardier about placing an order for its C-Series aircraft, but
"issues" related to the engine manufacturer are holding back
discussions, Chief Executive Akbar Al Baker said Monday.

NO NATION THREATENING TO PULL OUT OF A400M PROGRAM
Negotiations to ratify a new funding agreement for the Airbus A400M
military transport aircraft are continuing, and while no resolution is
expected until the fall, no participating country has threatened to
pull out, EADS Chief Executive Louis Gallois said this weekend.

Markets, Friday, 07/16/2010

Date: Fri, 16 Jul 2010 17:31:05 -0400

|---------------------------------------------------------------------------|
| Dow : 10,097.90 down 261.41| S & P : 1,064.88 down 31.60
|
| NASDAQ: 2,179.05 down 70.03| Bond (10Y): 2.94% down 0.039
|---------------------------------------------------------------------------|

MARKETS:
Poof! Week's stock gains erased
Dow drops 260 points on disappointment about Bank of America and
Citigroup's revenue and a drop in a key measure of consumer sentiment.

Big stock drop wipes out week's gains. Dow ends 260 points lower, led by banking weakness. Nasdaq loses 3.1%, S&P falls 2.9%.

Date: Fri, 16 Jul 2010 16:01:06 -0400

Big stock drop wipes out week's gains. Dow ends 260 points lower, led
by banking weakness. Nasdaq loses 3.1%, S&P falls 2.9%.

U.S. July consumer sentiment plummets

Date: Fri, 16 Jul 2010 12:00:58 -0400

U.S. JULY CONSUMER SENTIMENT PLUMMETS
U.S. consumer sentiment plummeted in early July, hitting the lowest
level since August, according to survey results released by Reuters
and the University of Michigan.

BP SHARES WEAKEN BUT WELL CAP HOLDS
BP PLC shares fell 4% Friday as euphoria over the company's apparent
success in stopping the flow of crude from its ruptured well gave way
to the realities surrounding the worst oil spill in U.S. history.

BP DRIVES STRONG GAINS IN THE U.K.'S FTSE 100
Stocks in London edge higher on Friday, as BP PLC plugs the oil leak
in the Gulf of Mexico and fashion house Burberry Group announces it
will buy stores in China.

CRUDE PRICES DOWN 1% AS CONSUMER SENTIMENT DROPS
Crude futures take their cue from weaker U.S. consumer sentiment as
well as disappointing corporate earnings that have the effect of
pushing stock prices lower. Traders also keep an eye on the latest
developments surrounding BP's efforts to cap the leaking oil well in
the Gulf of Mexico.

DROID X ADDS TO CHALLENGE OF CHOOSING A SMARTPHONE
Deciding to buy a smart phone is the easy part. With dozens of models
on the market -- add one more after Motorola's Droid X went on sale
Thursday -- picking your perfect phone requires hours of research on
countless details.

Dow industrials off 150 points as U.S. stock declines steepen

Date: Fri, 16 Jul 2010 10:01:49 -0400

Dow industrials off 150 points as U.S. stock declines steepen
07/16/2010 09:59:44 AM EDT

Stocks open lower after Google and Bank of America earnings disappoint. Dow falls more than 50 points.a

Date: Fri, 16 Jul 2010 09:32:07 -0400

Stocks open lower after Google and Bank of America earnings
disappoint. Dow falls more than 50 points.

U.S. consumer prices dip 0.1% in June for third straight monthly decline

Date: Fri, 16 Jul 2010 08:36:46 -0400

U.S. consumer prices dip 0.1% in June for third straight monthly decline
07/16/2010 08:34:46 AM EDT

Breaking News: BP says cap has stopped oil flow into Gulf

Date: Thu, 15 Jul 2010 14:02:18 -0600

NEW ORLEANS (AP) - BP says oil from its broken well has stopped
gushing into the Gulf of Mexico for the first time since April. The
announcement Thursday came after company officials said all valves had
been shut on a new cap over the busted well in an experiment to stop
the spill.

Markets, Thursday, 07/15/2010

Date: Thu, 15 Jul 2010 17:31:03 -0400

|---------------------------------------------------------------------------|
| Dow : 10,359.31 down 7.41 | S & P : 1,096.48 up 1.31
|
| NASDAQ: 2,249.08 down 0.76 | Bond (10Y): 2.98% down 0.072
|----------------------------------------------------------------------------|

MARKETS:
Treasurys gain on weak economic reports
Prices for U.S. debt rise as the outlook for economic growth in the
second half is cloudy and inflation looks to stay tame.

U.S. stocks drop along with views of recovery

Date: Thu, 15 Jul 2010 12:00:55 -0400

U.S. STOCKS DROP ALONG WITH VIEWS OF RECOVERY
Stocks deepen their decline, derailing a seven-day climb for the Dow
industrials, as economic data illustrate a slowing recovery. The
reports dim enthusiasm over strong earnings from financial powerhouse
J.P. Morgan Chase & Co.

CHINA ECONOMY SLOWS, ON COURSE FOR 'SOFT-LANDING'
China reports a slowdown in second-quarter gross domestic product
growth, as well as in a number of other economic indicators for June,
indicating the nation's rapid expansion is beginning to cool as
Beijing withdraws some expansionary policies.

CHINA'S DOUBLE-DIGIT GROWTH MAY END FOR A WHILE
China's 10.3% economic growth during the second quarter is likely the
last time the nation will post a double-digit expansion for at least a
year, analysts at Citigroup say.

CHINA'S AGBANK RISES AND FALLS IN SHANGHAI DEBUT
Shares of Agricultural Bank of China open 2.2% higher in their trading
debut on the Shanghai Stock Exchange, but then quickly pare some of
their initial gains to end with a mere 0.8% gain.

CHINESE STEEL MILLS SUFFER SLUMPING DEMAND
Chinese steel producers have a demand problem, and some analysts say
they see little relief in sight, even if prices for iron ore ease.

Senate clears key vote, 60 to 38, to move forward on Wall Street reform, ahead of a final vote on the bill expected later today.

Date: Thu, 15 Jul 2010 11:35:05 -0400

Senate clears key vote, 60 to 38, to move forward on Wall Street
reform, ahead of a final vote on the bill expected later today.

Number of people filing first-time jobless claims hits lowest level since August 2008, falling 31,000 to 429,000 in latest week.

Date: Thu, 15 Jul 2010 08:34:07 -0400

Number of people filing first-time jobless claims hits lowest level
since August 2008, falling 31,000 to 429,000 in latest week.

Selloff gains momentum, with the Dow sinking more than 120 points. Nasdaq, S&P 500 both slide more than 1.2%.

Date: Thu, 15 Jul 2010 10:20:04 -0400

Selloff gains momentum, with the Dow sinking more than 120 points.
Nasdaq, S&P 500 both slide more than 1.2%.

China's GDP up 11.1% in first half, June consumer inflation up less-than-forecast 2.9%

Date: Wed, 14 Jul 2010 22:22:29 -0400

China's GDP up 11.1% in first half, June consumer inflation up
less-than-forecast 2.9%
07/14/2010 10:20:49 PM EDT

Markets, Wednesday, 07/14/2010

Date: Wed, 14 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,366.72 up 3.70 | S & P : 1,095.17 down 0.17 |
| NASDAQ: 2,249.84 up 7.81 | Bond (10Y): 3.05% down 0.064
|----------------------------------------------------------------------------|

MARKETS:
Stocks finish little changed
Markets buffeted by Fed's outlook of weaker growth and Intel's
positive earnings.

U.S. stocks meander amid mixed signals

Date: Wed, Jul 14, 2010 at 12:00 PM

U.S. STOCKS MEANDER AMID MIXED SIGNALS
U.S. stocks slide in early trading Wednesday as investors weigh a bigger-than-expected drop in retail sales against a recent influx of encouraging corporate earnings that gave a boost to tech stocks.

BP WAITING AND HOPING ON CAPPING GULF GUSHER
BP PLC is taking a go-slow approach in how it's conducting a pressure integrity test of the Macondo well that has been spilling oil into the Gulf of Mexico for nearly three months.

CRUCIAL TEST ON BP'S GULF WELL REMAINS IN LIMBO
BP remains in a holding pattern on a crucial pressure test of a new containment system over its leaking oil well in the Gulf of Mexico while pursuing other options to capture the gushing crude.

BP SHARES CAUGHT IN THE VORTEX
BP shares have morphed into short-term plays, and this didn't happen just because of one broken well.

FTSE 100 INDEX DECLINES, ICAP SHARES PRESSURED
British shares edged lower on Wednesday, after six sessions of gains, with Icap shares under pressure after the firm said that trading slowed in June.

June retail sales slide 0.5%, government says, due largely to weakness in auto purchases.

Date: Wed, 14 Jul 2010 08:35:07 -0400

June retail sales slide 0.5%, government says, due largely to weakness
in auto purchases.

Markets, Tuesday, 07/13/2010

Date: Tue, 13 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,363.02 up 146.75 | S & P : 1,095.34 up 16.59
|
| NASDAQ: 2,242.03 up 43.67 | Bond (10Y): 3.11% up 0.068
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally on Alcoa profit, Greek auction
Alcoa's better-than-expected results and a strong Greek auction boost
investor sentiment. Dow, Nasdaq and S&P 500 up more than 1.5%. Intel
due after the bell.

U.S. stocks up for sixth day on upbeat results

Date: Tue, 13 Jul 2010 12:00:58 -0400

U.S. STOCKS UP FOR SIXTh DAY ON UPBEAT RESULTS
U.S. stocks jump Tuesday as strong earnings reports from early
bellwethers buoyed hopes that the global business environment
continues to strengthen.

ALCOA SETS A CAUTIOUSLY POSITIVE TONE
Alcoa Inc. kicked off the second-quarter earnings parade Monday with a
modestly bullish summary of the global aluminum market. It was the
note investors both hoped to hear and feared would be missing.

CSX PROFIT JUMPS ON AUTO, METALS DEMANDS
CSX Corp. says quarterly profit jumped by more than a third as the
railroad operator benefitted from a strong rebound in demand for cars
and metals.

INTEL EXPECTED TO POST STRONG SALES GAINS
Intel Corp. is expected to report a 28% jump in revenue for the second
quarter, even as analysts brace for signs of a slowing personal
computer market and weakening tech demand.

STAGNANT PC INDUSTRY ROCKED BY TABLET MARKET
In the young but fast-growing market for tablet computers, a market
propelled by the force of Apple Inc.'s popular iPad, two of the
biggest players from the PC's heyday are mostly standing on the
sidelines, writes Therese Poletti.

Breaking news: Legendary Yankees owner George Steinbrenner dies

Date: Tue, 13 Jul 2010 07:56:34 -0600

New York Yankees' owner George Steinbrenner has died today after
suffering a massive heart attack, a source close to Steinbrenner tells
the Associated Press. He was 80.

International Headlines

Date: Mon, 12 Jul 2010 20:01:08 -0400
>TOP STORIES as of 0800 HKT -- 13 July, 2010

> CONTAINMENT CAP ON BP WELL APPEARS TO BE IN PLACE
BP appears to have placed a new containment cap on its well in
the Gulf of Mexico that's been gushing oil since April 20. Tests
are needed to determine its effectiveness.

> CASTRO MAKES RARE TV APPEARANCE
Former Cuban leader Fidel Castro will make his first major
public appearance in years Monday when he discusses the Middle
East on a government TV program, the state-run Granma newspaper reported.

> UGANDA TWIN BLASTS KILL 74
A Somali Islamist militant group -- al-Shabaab -- issued a
direct claim of responsibility Monday for a string of three
bombings in Uganda that left at least 74 people dead.

> SWISS REJECT POLANSKI EXTRADITION
Swiss authorities will decide Monday whether to extradite
Oscar-winning filmmaker Roman Polanski to the United States to
face child sex charges, the Justice Ministry said.

> MAN KILLS 5 COWORKERS, SELF
New Mexico authorities said a former employee shot and killed
five people at a business Monday in Albuquerque before turning
the gun on herself.

> BRITS SENTENCED IN TRANS-ATLANTIC PLOT
Three Britons recruited as suicide bombers in an al
Qaeda-inspired 2006 plot to blow up airliners as they were
flying across the Atlantic were sentenced Monday to life in
prison, with a minimum of 20 years.

> U.S., N. KOREAN MILITARY TO MEET IN DMZ
High-level military officers from the U.S.-led U.N. Command and
North Korea are slated to meet Tuesday in the village of
Panmunjom in the demilitarized zone between North and South
Korea, the United Nations said Monday.

> TYPHOON FORECAST TO HIT PHILIPPINES
A typhoon was expected to make landfall on the Philippines late
Tuesday, CNN meteorologists say.

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

> BP 'PLEASED' WITH CONTAINMENT OPERATION
BP says it is "pleased" with how the operation to place a new
cap on its ruptured undersea well is proceeding, but while
robots replace the old cap, crude is flowing freely.

> CHINA EXPORTS UP 44 PERCENT IN SPITE OF GLOBAL FEARS
China defied widespread fears about a new slowdown in the global
economy to record another surge in exports last month compared
to the same period last year, although the figures will also
draw attention again to whether the Chinese currency remains
undervalued.

> CHINA RENEWS GOOGLE LICENSE
Google said Friday that it has renewed its license with the
Chinese government to continue operating in that country, ending
a standoff over censorship with the search engine.

Markets, Monday, 07/12/2010

Date: Mon, 12 Jul 2010 17:31:03 -0400

|---------------------------------------------------------------------------|
| Dow : 10,216.27 up 18.24 | S & P : 1,078.75 up 0.79
|
| NASDAQ: 2,198.36 up 1.91 | Bond (10Y): 3.05% down 0.010
|----------------------------------------------------------------------------|

MARKETS:
Stocks seesaw ahead of corporate results
Investors cautious ahead of start of second-quarter reporting period.
Alcoa results due out after market close.

Bid, asset talk spurs further gains for BP

Date: Mon, 12 Jul 2010 12:00:52 -0400

BID, ASSET TALK SPURS FURTHER GAINS FOR BP
Speculation that BP will be sold in parts or a whole give a further
lift to the embattled oil giant's shares Monday as the company says
that the cost of cleaning up the Gulf of Mexico oil spill reaches $3.5
billion.

MONDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks expected to move significantly in trading on Monday include BP,
Hewitt, Playboy, Tuesday Morning and Weyerhaeuser.

U.S. STOCKS SLIDE ON EARNINGS JITTERS
U.S. stocks slip Monday, with materials stocks sliding after weak
Chinese import data, and as investors traded cautiously ahead of the
start of second-quarter earnings season.

EUROPEAN SHARES ADVANCE AS BP SHARES CLIMB
European shares trade mixed, with the Stoxx Europe 600 mildly lower
but regional benchmarks showing better resilience. BP is back in the
spotlight, its shares gaining in London.

CRUDE REVERSES LOWER, FALLS BELOW $76
Crude futures reverse early gains, turning lower as energy traders
keep an eye on second-quarter corporate earnings kicking off this
week.

BP removes well cap; crude oil flows unrestricted into Gulf of Mexico

Date: Sat, 10 Jul 2010 16:49:44 -0400

BP removes well cap; crude oil flows unrestricted into Gulf of Mexico
07/10/2010 04:48:02 PM EDT

Markets, Friday, 07/9/2010

Date: Fri, 9 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,198.03 up 59.04 | S & P : 1,077.96 up 7.71
|
| NASDAQ: 2,196.45 up 21.05 |Bond (10Y): 3.06% up 0.036
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally at end of big week
Markets finished in a tight range at the end of a strong week that has
seen the major indexes gain more than 5%.

Energy: BP to remove well cap to install new one

Date: 9 JUL 2010 16:02:13 GMT

BP PLC plans to remove a cap on its rogue gushing well in the Gulf of
Mexico Saturday, part of what might be a three- or four-day effort to
install a more efficient cover, Coast Guard Adm. Thad Allen said
Friday.

Google's license in China is renewed

Date: Fri, 09 Jul 2010 12:01:42 -0400

Google's license in China is renewed:
Google Inc. said Friday that its license to operate its
Internet-search services in China was renewed by the country's
authorities.

FINGERS CROSSED AS SECOND-QUARTER EARNINGS LOOM
Companies are slowly mending their bottom lines, but they're
struggling with cautious consumers, tougher comparisons and
unfavorable currency fluctuations, upcoming second-quarter results are
likely to show.

U.S. STOCKS GET MODEST BOOST FROM INVENTORIES DATA
U.S. stocks edge higher Friday following a rise in wholesale
inventories that met expectations and as investors grew hopeful for
the second-quarter earnings reports set to begin next week.

EUROPE STOCKS SPORT BEST ONE-WEEK GAIN IN YEAR
European shares closed higher Friday for the fourth straight session
to wrap up the best week in a year.

SMARTPHONE MAKERS HIT WITH BROAD PATENT LAWSUIT
A firm that won a massive settlement over the BlackBerry wireless
e-mail system four years ago is now going after the latest entrants to
the smartphone market.

Google says China has renewed its Internet content provider license, ending a standoff over censorship.

Date: Fri, 9 Jul 2010 07:11:04 -0400

Google says China has renewed its Internet content provider license,
ending a standoff over censorship.

Market Briefing Newsletter for Thursday, 07/8/2010

Date: Thu, 8 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,138.99 up 120.71 | S & P : 1,070.25 up 9.98
|
| NASDAQ: 2,175.40 up 15.93 | Bond (10Y): 3.02% up 0.040
|---------------------------------------------------------------------------|

MARKETS:
Dow in triple-digit advance
Blue chips lead advance as investors continue to dig back in after the
recent sell-off. A drop in weekly jobless claims and stronger euro
help.

NIH scientists find antibodies that block most HIV

Date: Thu, 08 Jul 2010 14:30:57 -0400

NIH scientists find antibodies that block most HIV
07/08/2010 02:29:20 PM EDT

U.S. stocks rise on fewer jobless claims

Date: Thu, Jul 8, 2010 at 12:01 PM

U.S. STOCKS RISE ON FEWER JOBLESS CLAIMS    
U.S. stocks gain, fueled by a better-than-expected jobless figure and robust same-store sales from a handful of retailers. 

RETAIL JUNE SALES A MIXED BAG AMID OUTLOOK WORRY  
Retailers posted mixed June sales on Thursday as a boost from hot weather–induced buying and a shift in the timing of Memorial Day sales was offset by a string of disappointing economic reports that have hurt consumer confidence and led some to pull back on spending. 

SHOPPERS CAN'T SHAKE RECESSION WORRIES  
It looks like economic gloom has overtaken the consumer. 

DOW'S GAINS MAY DO MORE HARM THAN GOOD
After the longest string of losses in nearly two years for the Dow Jones Industrial Average, one might think investors should be happy with any advance. Some gains, however, can end up doing more harm than good,

JOBLESS CLAIMS FALL 21,000 TO 454,000 
The number of people filing first-time claims for unemployment benefits sank 21,000 in the latest week to a still-high 454,000, maintaining a recent see-saw pattern. 

Initial unemployment claims drop by 21, 000 in the latest week to 454,000, the Labor Department says.

Date: Thu, 8 Jul 2010 08:33:05 -0400

Initial unemployment claims drop by 21, 000 in the latest week to
454,000, the Labor Department says.

Breaking News: Stocks surge; Dow back over 10,000

Date: Wed, 07 Jul 2010 14:24:13 -0600

NEW YORK (AP) - Financial and materials shares pulled the stock market
higher Wednesday after traders looked for beaten-down names. The Dow
Jones industrial average rose almost 275 points, climbing back above
the 10,000 barrier. The Dow and broader indexes gained more than 2%.
Interest rates rose as investors dumped Treasurys in favor of riskier
assets like stocks.

Markets, Wednesday, 07/7/2010

Date: Wed, 7 Jul 2010 17:31:03 -0400
|---------------------------------------------------------------------------|
| Dow : 10,018.28 up 274.66 | S & P : 1,060.27 up 32.21 |
| NASDAQ: 2,159.47 up 65.59 | Bond (10Y): 2.98% up 0.048
|---------------------------------------------------------------------------|

MARKETS:
Bank stocks ignite big rally
Blue-chip indicator is back above 10,000 after State Street's improved
forecast lifts financial issues, giving a boost to a market battered
in recent weeks.

State Street surge leads financials rally

Date: Wed, 07 Jul 2010 12:00:49 -0400

STATE STREET SURGE LEADS FINANCIALS RALLY
State Street Corp. paces gains in the U.S. financial sector, after the
trust bank raises its second-quarter earnings forecast on improved
revenue trends.

U.S. STOCK GAINS ACCELERATE ON FINANCIALS, ENERGY
U.S. stocks advance as the financial sector gains on a rosy forecast
from State Street and energy stocks get a boost from higher crude
prices.

EUROPE EDGES HIGHER AS BANKS OFFSET MINERS
European shares turn losses into modest gains, lifted by the financial sector.

BP SAID COMFORTABLE WITH LARGE ABU DHABI STAKE
BP is reportedly comfortable with Abu Dhabi taking a stake as large as
10%, according to a published report.

Markets, Tuesday, 07/6/2010

Date: Tue, 6 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 9,743.62 up 57.14 | S & P : 1,028.06 up 5.48
|
| NASDAQ: 2,093.88 up 2.09 | Bond (10Y): 2.93% down 0.047
|---------------------------------------------------------------------------|

MARKETS:
Dow breaks 7-session losing streak
Market manages advance after a choppy session in which worries about
the economy were eventually trumped by a little buying after the big
sell-off.

U.S. stocks strong on chip sales, Aussie bank

Date: Tue, 06 Jul 2010 12:00:53 -0400

U.S. STOCKS STRONG ON CHIP SALES, AUSSIE BANK
U.S. stocks rose Tuesday, boosted by bullish comments from Australia's
central bank and reports that global chip sales rose 4.5% in May from
the prior month.

U.S. SERVICE SECTOR WEAKENS A BIT IN JUNE
The service sector of the U.S. economy continued to grow in June, but
at a slower pace, according to a survey of companies released by the
Institute for Supply Management.

TREASURYS TURN UP AGAIN AFTER ISM SERVICES DATA
Treasury prices turn higher after a brief turn down, as traders eye
stock-market gains.

BP'S NEW YORK-LISTED SHARES EXTEND BOUNCE
BP's New York-listed shares extended gains Tuesday, reflecting hopes
that the oil giant's battered shares may discount the costs of the
Gulf of Mexico oil spill and attract new holders.

Markets, Monday, 07/5/2010

Date: Mon, 5 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 9,686.48 down 46.05 | S & P : 1,022.58 down 4.79
|
| NASDAQ: 2,091.79 down 9.5 | Bond (10Y): 2.98% up 0.052
|---------------------------------------------------------------------------|

MARKETS:
Stocks: Pursued by a bear
The recent selloff has left markets in danger of falling into a bear
market - a decline of at least 20% off the highs.

European shares waver but oil giant BP gains

Date: Mon, 05 Jul 2010 12:00:57 -0400

EUROPEAN SHARES WAVER BUT OIL GIANT BP GAINS
European shares struggle for direction on Monday with U.S. markets
closed for a holiday amid lingering worries about growth, although oil
giant BP managed to gain ground.

U.K. SERVICE-SECTOR GROWTH HIT BY BUDGET
Activity in Britain's services sector slowed more sharply than
expected in June, undercut by worries about government spending cuts
and a tax rise, according to a monthly survey of purchasing managers
released Monday.

DOLLAR MOSTLY HIGHER
The dollar gains slightly versus the euro and pound after purchasing
managers indicated a slowdown in U.K. service-sector activity last
month.

BP BRACING FOR SHAKE-UP: REPORT
Investors are braced for a change in BP PLC's leadership once its
leaking oil well in the Gulf of Mexico is capped, which could come in
the next few weeks, according to a media report Saturday.

BP TESTS TAIWANESE OIL-SKIMMING SHIP
Vessel's owners claim it can remove 300,000 to 400,000 gallons of
spilled oil from the Gulf of Mexico every day.

Markets, Friday, 07/2/2010

Date: Fri, 2 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 9,686.48 down 46.05 | S & P : 1,022.58 down 4.79 |
| NASDAQ: 2,091.79 down 9.57 | Bond (10Y): 2.98% up 0.052 |
-----------------------------------------------------------------------------

MARKETS:
Stocks end at new 2010 lows
Markets can't overcome weak June jobs report as investors head into a
holiday weekend.

Apple blames iPhone reception woes on indicator

Date: Fri, Jul 2, 2010 at 12:00 PM

APPLE BLAMES iPHONE RECEPTION WOES ON INDICATOR
Apple explains to iPhone 4 owners how it means to address some of the widely reported signal reception issues with the high-end handset that went on sale last week. 

MODEST PRIVATE JOB HIRING IN JUNE
The unemployment report wasn't as grim as it might have been, but it still showed an economy struggling to find firm footing; total nonfarm payroll employment fell by 125,000 as the number of temporary census workers dropped by 225,000. 

JOBS REPORT PROMPTS NEW POLITICAL SPARRING
A fresh round of political sparring breaks out following the release of a disappointing jobs report, with Republicans attacking the White House, but President Obama insisting the country's heading in the right direction. 

EXPIRED BENEFITS LEAVE JOB-SEEKERS IN TOUGH BIND
With the loss of her unemployment insurance benefits, Deborah Brown is worried about keeping on the electricity in her double-wide mobile home. 

PRICE WAR, IPAD RESHAPE YOUNG E-BOOK MARKET
The e-book market created by the Amazon.com Kindle just a few years ago already is undergoing a shakeup – and it soon could see a shakeout. 

Breaking news: Jobless rate drops to 9.5% in Junea

Date: Fri, 02 Jul 2010 06:43:02 -0600

WASHINGTON (AP) -- The unemployment rate fell to 9.5 percent, its
lowest level in almost a year.

However, the Labor Department says employers cut 125,000 jobs last
month, the most since last October. The loss was driven by the end of
225,000 temporary census jobs. Businesses added 83,000 workers to
their payrolls, an improvement from May.

Markets, Thursday, 07/1/2010

Date: Thu, 1 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 9,732.53 down 41.49 | S & P : 1,027.37 down 3.34
|
| NASDAQ: 2,101.36 down 7.88 | Bond (10Y): 2.93% down 0.024
|---------------------------------------------------------------------------|

MARKETS:
Treasurys give up gains
Worse-than-expected manufacturing, housing and jobs numbers drove
investors to the safe-haven appeal of U.S. debt early in the morning,
but in the afternoon, demand diminished.

U.S. stocks crumple as economic worries persist

Date: Thu, 01 Jul 2010 12:00:54 -0400

U.S. STOCKS CRUMPLE AS ECONOMIC WORRIES PERSIST
U.S. stocks fall sharply on the third quarter's first day of trading,
weighed by concerns over an unexpected rise in jobless claims and
disappointing U.S. and Chinese manufacturing data.

TREASURYS RISE AFTER ISM, HOME-SALES REPORTS
Treasury prices rise after weak economic reports sour hopes of an
economic rebound and weigh on stocks, increasing the relative appeal
of U.S. debt.

MANUFACTURING GROWTH MODERATES IN JUNE
Despite its slight decline in June, the Institute for Supply
Management index remains at a high level historically.

JOBLESS CLAIMS CLIMB 13,000 TO 472,000
The number of people filing first-time claims for unemployment
benefits climbs 13,000 in the latest week to 472,000, indicating
continued weakness in the labor market.

PLANNED LAYOFFS FALL TO FEWEST IN A DECADE
Large U.S. employers reduced their planned layoffs in the first half
of 2010 to the slowest pace in a decade, according to the latest count
released by outplacement firm Challenger Gray & Christmas.

U.S. pending-home-sales gauge falls 30% in May

Date: Thu, 01 Jul 2010 10:03:00 -0400

U.S. pending-home-sales gauge falls 30% in May
07/01/2010 10:01:05 AM EDT

Manufacturing activity expands for the 11th straight month, says purchasing manager's group, but the index falls more than expected.

Date: Thu, 1 Jul 2010 10:13:03 -0400

Manufacturing activity expands for the 11th straight month, says
purchasing manager's group, but the index falls more than expected.

Number of people filing for first-time jobless benefits rises 13,000 to 472,000 in latest week, government says.

Date: Thu, 1 Jul 2010 08:33:05 -0400

Number of people filing for first-time jobless benefits rises 13,000
to 472,000 in latest week, government says.