MONEY: Libya’s Ex-Justice Minister Has Proof That Qaddafi Ordered Lockerbie Bombing, # FINALLY STOCKS GET CRUSHED: Here’s What You Need To Know

February 23, 2011
By CMAC

Reuters

Wall Street opens lower on Libyan turmoil

Reuters – 33 mins ago NEW YORK (Reuters) – Stocks opened slightly lower on Wednesday, a day after Wall Street suffered its worst session since August on geopolitical turmoil in Libya. Full Story »

  • Newsmaker: Vision question haunts Apple CEO-in-waiting

    Reuters – 2 hrs 12 mins ago

    SAN FRANCISCO (Reuters) – For Tim Cook, the small-town football fanatic turned steward of the world’s largest technology company, it always comes back to the vision question. Full Story »

  • Lowe’s disappoints versus Home Depot

    Reuters – 19 mins ago

    NEW YORK (Reuters) – No. 2 U.S. home improvement chain Lowe’s Cos Inc reported weaker same-store sales versus larger rival Home Depot, and issued a lackluster earnings forecast after losing market share in the appliances segment. Full Story »

  • Libya live report

    AFP – Tue Feb 22, 6:56 pm ET

    Ibrahim Dabbashi, Libyan Deputy Ambassador to the United Nations... AFP/Getty Images

    TRIPOLI (AFP) – 2342 GMT: The unrest rocking Libya has left 300 people dead ? 189 civilians and 111 soldiers, an interior ministry spokesman says. The largest number of victims was in the eastern city of Benghazi, where 104 civilians and 10 soldiers have died. Full Story »

  • California Republicans zero in on public pensions

    Reuters – Tue Feb 22, 6:51 pm ET

    SAN FRANCISCO (Reuters) – California Republicans, who could hold hostage a state budget proposed by its new Democratic governor, are drafting demands for supporting it, including the controversial issue of public pension reform. Full Story »

  • BANGALORE (Reuters) – Washington Post Co reported a lower quarterly profit on Wednesday because of falling advertising revenue at its flagship newspaper and lower enrollment at its for-profit colleges. The Post’s fourth-quarter net income fell to $79 million, or $9.42 a share, from $81.7 million, or $8.71 a share, a year ago. As a result of the company’s share repurchases, there were fewer shares outstanding in 2010. Full Story »

  • A motorcycle policeman burns as his colleague tries to help him... AP

    ATHENS, Greece – Youths wearing ski masks hurled rocks and fire bombs at riot police as clashes broke out Wednesday in Athens during a mass rally against austerity measures, part of a general strike that crippled services and public transportation around the country. Full Story »

  • Geithner to testify on Obama housing paper March 1

    Reuters – Tue Feb 22, 3:49 pm ET

    Treasury Secretary Tim Geithner testifies at a House Ways and... Reuters

    WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner is scheduled to testify March 1 before a key congressional panel on the Obama administration’s efforts to reduce the government’s role in the $10.6 trillion U.S. mortgage market. Full Story »

  • FRANKFURT (AFP) – Germany’s second biggest bank, Commerzbank, said Wednesday it rebounded strongly in 2010 from heavy losses caused by the global financial crisis and pledged to start paying back state aid. Full Story »

  • Wal-Mart’s 4Q Earnings at a Glance

    AP – Tue Feb 22, 8:46 pm ET

    Wal-Mart Stores reported that its fourth-quarter net income rose 27 percent. Here’s a closer look at the world’s largest retailer’s results: Full Story »

  • Israeli construction cranes and excavators at the building sites... AFP/File

    WASHINGTON – More people bought previously occupied homes in January, but sales surged on a rising number of foreclosures and all-cash deals. Full Story »

  • How Your Investments Are Taxed

    U.S. News & World Report – 8 mins ago

    After the first of the year, people begin to think about how much they will owe Uncle Sam on their investment returns. Oftentimes, people really don’t understand how to forecast or calculate that IOU. For starters, there is a difference between how various types of investments are taxed. Here are some pointers to help you understand how your investments are taxed: Full Story »

  • Ferrari Formula One driver Fernando Alonso of Spain drives his... Reuters

    DETROIT (Reuters) – Ford Motor Co said it would recall about 144,000 F-150 models in the United States and Canada from the 2005 and 2006 model years for the risk that airbags could deploy because of a short circuit. Full Story »

  • Deficit Could Reshape Retirement Funding

    BusinessWeek – Fri Feb 18, 8:08 am ET

    Republicans and Democrats in Washington are starting to battle in earnest over how to cut the federal government’s discretionary spending. Eventually the ominous arithmetic of entitlement spending and tax revenues will require Washington to turn to the Social Security benefit formula (as well as Medicare). Full Story »


How To Block Targeted Ads From Following You Around

Steve Kovach | Feb. 23, 9:47 AM | 198 | comment 2

Keep your browsing private.

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Nomura: Oil Could Rocket To $220 If Just Algeria And Libya Stop Production

Joe Weisenthal | Feb. 23, 9:42 AM | 226 | comment 4

And that could be conservative!

Read »

A 60-Second Guide To What Brokers Are Telling Their Clients This Morning

Meredith Lepore | Feb. 23, 9:07 AM | 483 | comment 1

Analysts are buzzing about Hewlett-Packard, DirecTV and Macy’s today.

Read »

Amazingly, Hedge Fund Gartmore Is Still Imploding

Courtney Comstock | Feb. 23, 9:03 AM | 587 | comment 2

It’s a huge beast that just won’t die. Someone take the final shot already!

Read »

Big Beautiful Chart Shows Cotton’s Amazing Rally And When It Will Collapse

Watch for a down month.

Quora Investor Scoffs At $1 Billion Offer Price

One billion dollars!

2nd UPDATE: Vivendi To Cut US Class Action Provision
02/23/2011 10:06AM – Dow Jones Business News

Fluor 4Q Profit Falls 21% On Cost Increases, Reduced Activity
02/23/2011 9:58AM – Dow Jones Business News

UK Government: Report Of 50,000 Health Job Cuts Not Accurate
02/23/2011 9:57AM – Dow Jones Business News

UPDATE: Pernod Ricard Not Looking For Large Acquisitions
02/23/2011 9:49AM – Dow Jones Business News

Greek PM: Need Change, Not Just Protests Over Austerity Plan
02/23/2011 9:40AM – Dow Jones Business News

John Wood Group Unit Gets Gulf Of Mexico Pipeline Design Contract
02/23/2011 9:34AM – Dow Jones Business News

E*Trade Receives Wells Notice For Auction Rate Securities
02/23/2011 9:27AM – Dow Jones Business News

Washington Post 4Q Net Down 3.3% Amid Charges; Revenue Flat
02/23/2011 9:25AM – Dow Jones Business News

UPDATE: DirecTV Swings To 4Q Profit On Further Customer Growth
02/23/2011 9:20AM – Dow Jones Business News

Kellogg Raises Long-Term Sales View As Turnaround Continues
02/23/2011 9:19AM – Dow Jones Business News

Denbury 4Q Profit Triples On Higher Prices, Output
02/23/2011 9:14AM – Dow Jones Business News

Ecuador January Net Tax Collections Rise 13% On Year To $780Mln
02/23/2011 9:11AM – Dow Jones Business News

Thai Fin Min: 1Q GDP Growth To Be Slower On Year Due To High Base
02/23/2011 9:10AM – Dow Jones Business News

TJX 4Q Net Down 15% On Charges; 1Q View Downbeat; Dividend Raised
02/23/2011 9:08AM – Dow Jones Business News

Strong Outlook For Luxury Goods As Domestic Spending Returns
02/23/2011 9:08AM – Dow Jones Business News

UPDATE: Lowe’s 4Q Net Up 39% As Sales Climb More Than Expected
02/23/2011 9:07AM – Dow Jones Business News

2nd UPDATE: Toll Bros Swings To 1Q Profit, Aided By Price Gain
02/23/2011 9:01AM – Dow Jones Business News

Saks Swings To 4Q Profit On Stronger Margins, Direct Sales
02/23/2011 8:57AM – Dow Jones Business News

Chequers Capital Markets Next French Mid-Market Fund
02/23/2011 8:48AM – Dow Jones Business News

INTERVIEW: Everything Everywhere Bets On Superior Network
02/23/2011 8:48AM – Dow Jones Business News

German Lawmakers Ask Government To Bar ESM Bond Buys
02/23/2011 8:44AM – Dow Jones Business News

UPDATE: Vertex Pharma Reports Success Of Cystic Fibrosis Drug
02/23/2011 8:41AM – Dow Jones Business News

DirecTV Swings To 4Q Profit Following Merger Charges; Revenue Jumps
02/23/2011 8:40AM – Dow Jones Business News

UPDATE: Toll Bros Swings To 1Q Profit, Aided By Price Gain
02/23/2011 8:39AM – Dow Jones Business News

UPDATE: EU: Gadhafi Bears Responsibility For Events In Libya
02/23/2011 8:35AM – Dow Jones Business News

UPDATE: Vivendi Wins Victory In Reducing US Class Action Size
02/23/2011 8:23AM – Dow Jones Business News

Silverfleet Capital Sells Sterigenics To GTCR For $675 Million
02/23/2011 8:18AM – Dow Jones Business News

Chile LAN To Pay $660 Million For 6 Airbus 319, 2 Boeing 767 For Peru Operations
02/23/2011 8:17AM – Dow Jones Business News

Sungevity Hires Former LinkedIn Executive As Marketing Chief
02/23/2011 8:14AM – Dow Jones Business News

UK, Qatar Agree To Double Trade To GBP4.4 Billion Over 5 Years
02/23/2011 7:52AM – Dow Jones Business News
Read more: http://www.nasdaq.com/aspx/market-headlines.aspx#ixzz1EnMKCZ1h

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An Exclusive Tour Of The Rundown City China Wants To Turn Into A World Financial Center

Business Insider | Feb. 23, 8:55 AM | 5,094 | comment 2

The reality: Pudong has an airport and some flashy buildings, but not much else.

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egypt
Read more: http://www.businessinsider.com/#ixzz1EnLC7eqF

Billionaire Money Managers Reveal Their Stock Picks

Legendary investors such as Warren Buffett, John Paulson, Carl Icahn and George Soros disclose their picks for the fourth quarter, giving advisors a peak into their investing secrets. Continue »
Agustino Fontevecchia


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