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Oct 29, 2010

From The Desk Of Nick Nicolaas: Zeal Intelligence Weekly News By Adam Hamilton

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Zeal Intelligence Weekly

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MarketWatch Weekly Roundup.- Top 10 Stories Oct. 25-29

MarketWatch
Weekly Roundup
OCTOBER 29, 2010

Top 10 MarketWatch stories Oct. 25 - 29

By MarketWatch



NEW YORK (MarketWatch) — As investors looked ahead to next week's key events in Washington and the likelihood of gridlock coming to Capitol Hill, they closed out October with solid gains.

The Federal Reserve's closely watched next moves to spur growth, along with expected Republican gains in midterm U.S. elections, will be a focal point for a busy start to November.

U.S. stocks ended October on an upbeat note, with the Dow Jones Industrial Average (DJIA) adding another 3% — its best October since 2006 — and the Standard & Poor's 500 Index advanced 3.7%. The tech-laden Nasdaq Composite Index jumped 5.9% for the month, its best October in seven years.

Stay with MarketWatch online and through the weekend. Our Weekend Investor feature focuses on how investors can play the expected outcome of the midterm elections. And don't miss our "Week Ahead" video reports that summarize the outlook for next week's key action coming up for investors in Asia, Europe and the U.S.

— Greg Morcroft, assistant managing editor

U.S. Week Ahead: Electoral showdown, Fed moves

Asia's Week Ahead: Monetary policy debate

Europe's Week Ahead: Telecom and bank news on tap


US economic growth hit 2%in the third quarter

The U.S. economy grew at a slightly faster pace in the third quarter but not by enough to raise hopes that a persistently high unemployment rate may start to decline, federal data indicated Friday. In its first estimate for the third quarter, the Commerce Department said gross domestic product rose at a 2.0% annual rate between July and September, faster than the 1.7% seen in the prior three months. Read MarketWatch story on third-quarter U.S. GDP growth

Ford earnings jump more than 50%

Ford Motor Co. (F) reported a 69% jump in third-quarter earnings Tuesday, marking five straight quarterly profits for the resurgent auto giant as it moves to slash debt and meet pension obligations. In addition, Ford said it would pay down $2 billion of debt and use cash to fully prepay the remaining $3.6 billion of debt owed to a health-care trust for retirees.Ford also said it has launched a tender offer for about $2.6 billion in convertible notes, offering a cash premium to encourage holders to convert the debt into common stock. See MarketWatch coverage of Ford earnings

Commentary: What are the TIPS telling us?

How much should you have to pay for an insurance policy that protects you against both severe deflation and hyperinflation?We found out the answer earlier this week: 55 basis points per year.Though you might not have recognized it as such, this answer was imbedded in the results of the government's latest auction for five-year TIPS — Treasury Inflation-Protected Securities. For the first time ever, the yield at which the TIPS were sold was negative: minus 0.55%. Read Mark Hulbert commentary on what the TIPS sale tells investors

Mortgage rates likely to end historic low run, rise in 2011

Mortgage rates may be as low as they'll get — rates are on course to rise, slowly moving toward 5% by the end of next year, according to the Mortgage Bankers Association's economic forecast, released Tuesday at the group's annual convention here.The group predicts rates on the 30-year fixed-rate mortgage will average 4.4% in the fourth quarter of 2010, increasing to a 4.7% average in the first quarter of 2011, and climbing to 5.1% by the end of next year. That's barring any "blockbuster" announcement from the Federal Reserve next month, said Jay Brinkmann, chief economist of the MBA. Read full story about the direction of mortgage rates on MarketWatch
J.P. Morgan, HSBC sued, plaintiffs allege silver manipulation

Two separate lawsuits filed in federal court in Manhattan Wednesday allege that banks J.P. Morgan Chase & Co. (JPM) and HSBC Holdings Inc.(HBC)  manipulate the price of silver futures by "amassing enormous short positions." The suits allege that by managing giant positions in silver futures and options, the banks have influenced the prices of silver on the New York Stock Exchanges' Comex Exchange since early 2008. The Commodity Futures Trading Commission has been in the midst of a high-profile, two-year-old investigation of the silver market. Read MarketWatch story on silver suit against big banks

Android surge helps power Motorola earnings in third quarter

Motorola Inc. (MOT) reported a surge in profit for the third quarter early Thursday as strong demand for the company's Android smart phones helped drive overall sales for the period. The results beat Wall Street's estimates. Unit sales of smart phones and average selling prices also came in ahead of forecasts. See MarketWatch coverage of Motorola's third quarter financial results

Government panel critical of Halliburton role in Gulf spill

Halliburton Co.(HA)  shares fell this week after the release of a preliminary government probe about the Deepwater Horizon disaster focusing on the cementing job done at the stricken Macondo well. A letter from the commission's lead lawyer said the investigation found that Halliburton may have known the cement mix used to seal the Macondo was inadequate for the task. Read about the government investigators' report on Halliburton's role in BP spill

Retirement ages vary widely around the globe

In France, workers took to the streets in angry protest when lawmakers first proposed hiking that country's retirement age for full pension benefits to 62, from 60, but in many other countries, workers would welcome an age-62 rule. Except Turkey. In Turkey, the retirement age now is essentially 45 for men and 41 for women, according to a report in October by the Organization for Economic Cooperation and Development, a research and policy group with 33 member countries. Read MarketWatch story about retirement ages around the world

Microsoft profit grow by half in third quarter

Microsoft Corp. (MSFT) on Thursday posted a 52% gain in fiscal first-quarter profit, as the software giant benefited from widespread adoption of the newest versions of its Windows operating system and Office suite of tools. Microsoft general manager of investor relations Bill Koefoed said in an interview that, "Businesses are spending money." He added, "The product lineup we have is as healthy as its ever been … so [chief information officers] are disproportionately budgeting their innovation spend on Microsoft." Read MarketWatch coverage of Microsoft's third-quarter earnings

California employers fight pot proposition

California employers fight pot proposition A California ballot initiative that would legalize adults' recreational use of small amounts of marijuana is raising questions about its potential impact on workplaces in the Golden State should the measure pass on Nov. 2. At issue: Would weekend pot smokers be the beneficiaries of growing social acceptance and less rigorous hiring standards related to their off-the-clock habits? Or would employers suddenly have to accommodate recreational pot smokers in a way that jeopardizes their ability to ensure a safe and productive workforce? Read MarketWatch story about employer worries over pot legalization in California.

CNBC Evening Bief.-Explosive Material in Cargo Packages Sent to US: Obama








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RTTNews: Evening Wrap.- Obama Hails GDP Growth But Says More Yet To Be Done

Evening Market Wrap Fri Oct 29 17:01 2010

Commentary

Oct 29, 2010 Stocks End Little Changed As Traders Brace For Busy Week - U.S. Commentary Stocks turned in a lackluster performance on Friday, as trading activity was subdued ahead of next week's expected quantitative easing announcement from the Federal Reserve, the results of the midterm elections and the Labor Department's monthly employment report. For the week, the Nasdaq rose by 1.1 percent, while the Dow edged down by 0.1 percent and the S&P 500 showed almost no change. Full Article

Economic News

Oct 29, 2010 U.S. Economic Activity Expands For Fifth Straight Quarter Economic activity in the United States expanded for the fifth consecutive quarter in the third quarter of 2010, the Commerce Department revealed in a report on Friday, with the pace of growth in the quarter coming in line with economist estimates. The Commerce Department said that gross domestic product increased at an annual rate of 2.0 percent in the third quarter following the 1.7 percent growth that was seen in the second quarter. Full Article
Oct 29, 2010 Chicago Business Barometer Indicates Faster Rate Of Growth Chicago-area business activity unexpectedly saw a faster rate of growth in the month of October, according to a report released by the Institute for Supply Management - Chicago on Friday, with the pace of growth in the region accelerating for the second consecutive month. The ISM - Chicago said its Chicago business barometer rose to 60.6 in October from 60.4 in September, with a reading above 50 indicating growth. The increase came as a surprise to economists. Full Article
Oct 29, 2010 U.S. Consumer Sentiment Index Slips To Lowest Level Since November With a downward revision to consumer expectations more than offsetting an upward revision to their assessment of current conditions, Reuters and the University of Michigan released a report on Friday showing an unexpected downward revision to their consumer sentiment index for October. Full Article

Earnings News

Oct 29, 2010 Newell Rubbermaid Q3 Profit Falls; Adj. EPS Tops Estimates - Update Consumer and commercial products maker Newell Rubbermaid Inc. (NWL) reported Friday a decline in third-quarter profit, mainly reflecting higher one-time charges. On an adjusted basis, earnings increased from last year, and topped market projections, with higher sales and margins. Further, the company backed its fiscal 2010 normalized earnings and sales growth forecast. Full Article

Corporate News

Oct 29, 2010 ITT Corp. Q3 Profit Soars; Boosts 2010 Outlook Engineering and manufacturing company ITT Corp. (ITT) reported Friday a profit for the third quarter that climbed from last year, boosted by cost controls and strong sales from its fluid technology unit. This was partially offset by higher input prices and a poor performance from the company's defense electronics segment. Full Article

Political News

Oct 29, 2010 Obama Hails GDP Growth But Says More Yet To Be DonePresident Barack Obama Friday said that the news that the U.S. economy grew by 2 percent over the past three months was encouraging. However, despite continued growth and slow gains in job creation, Obama, speaking at a small business in Maryland, said more is yet to be done. Full Article
Oct 29, 2010 Meek Says He's Staying In Race, Denies Clinton Asked Him To Drop OutWhile media reports have suggested that Democratic Rep. Kendrick Meek, D-Fla., has considered dropping out of the three-way Florida Senate race, he emphatically declared Friday that he is in the race until the end. Reports have suggested that former President Bill Clinton, Florida Governor Charlie Crist and others have urged Meek to drop out of the race in order to give Crist a better opportunity to defeat Republican and Tea Party favorite Marco Rubio. Full Article

NYT: Afternoon Business News.- U.S. Economy Grew at 2% Rate in Third Quarter.


BUSINESS:

Pontiac Falls From Muscle Car Glory to Graveyard

By NICK BUNKLEY
The brand came out with the GTO in 1964, and soon other carmakers were adding horsepower. Sunday is the last day of Pontiac sales.

U.S. Economy Grew at 2% Rate in Third Quarter

By MICHAEL POWELL
Friday's numbers are not likely to provide much of a morale boost for President Obama and Democrats, who are days away from crucial midterm elections.
Off the Charts

Rethinking Early Retirement in Europe

By FLOYD NORRIS
Countries like France are questioning the generous social benefits doled out to those who stop working early.
DealBook

A.I.A. Shares Jump 17% in First Day of Trading

By CHRIS V. NICHOLSON
AIA, the Asian life insurance unit of American International Group, rose 17 percent in its first day of trading in Hong Kong, its share price of 22.90 Hong Kong dollars making the company worth $35.3 billion.
Green Blog

Wind Power Growth Slows

By TOM ZELLER JR.
The American Wind Energy Association reports the slowest quarter since 2007, adding just 395 megawatts of wind power capacity.

F & F I N : Reuters - Daily Investor Update. Dow and S&P flat ahead of Fed and midterm .




FROM: REUTERS - DAILY INVESTOR UPDATE


Dow and S&P flat ahead of Fed and midterm elections
GDP growth tepid in Q3, more Fed easing seen
Merck sales disappoint, takes big Vioxx charge
Special Report: A Marshall Plan for America's housing woes
As they look to 2011, CEOs see more of the same
Analysts see enterprise, consumer push for Microsoft
Judge releases Halliburton cement to government
Ford stock rally could be boon to GM IPO
Pfizer recalls more U.S. lots of smelly Lipitor
Canadian provinces push Ottawa to block Potash bid

F & F I N : U. S. Markets At Close Snapshot




Major Indexes
  Last Change % Chg
DJIA* 11118.49  4.54  0.04
Nasdaq*   2507.41  0.04  0.00
S&P 500*   1183.26  -0.52 -0.04
Russell 2000      703.36   2.32  0.33
 
Source:
The wall Street Journal

The Washington Post Afternoon Edition: Most read Articles.



Most Viewed Opinions Columns

1) The great campaign of 2010

The great post-racial presidency ends with a desperate election-eve plea for ethnic retribution.

2) Restore sanity? Too late for the Tea Party

Tea Party candidates' mondo-bizarro moments have been comedy central all along.

3) 'Future' trilogy has time on its side

Most of us didn't learn about time travel from physicists or the writings of H.G. Wells, but from "Back to the Future," the 1985 blockbuster that introduced flying DeLoreans, flux capacitors and the plucky Marty McFly (Michael J. Fox), a would-be rock guitarist who inadvertently befriends the tee...

4) Obama embraces Perriello as campaign example

WASHINGTON -- A freshman Democrat in a Republican district, Rep. Tom Perriello hit a dubious trifecta: He voted for President Barack Obama's stimulus bill, cap-and-trade climate legislation and the health care law.

5) New questions on stability of cement in gulf oil well before explosion

Hours after a presidential commission raised new questions about the safety of the cement mixture intended to temporarily seal BP's Macondo exploration well, oil field service giant Halliburton said the final version of the mixture did not undergo a foam-stability test.

6) Poll: Boxer has lead in California Senate race

SACRAMENTO, Calif. -- A new poll shows Democratic Sen. Barbara Boxer leading Republican challenger Carly Fiorina as Election Day draws near.

7) Ark. board member who posted anti-gay rant to quit

LITTLE ROCK, Ark. -- The head of an anti-bullying group has applauded the decision of an Arkansas school board member to resign after posting on Facebook that he thinks gay youths should kill themselves.

8) Clinton says he tried to talk Florida Senate candidate out of race

Former president Bill Clinton tried to persuade Democratic Rep. Kendrick Meek to drop out of the Florida Senate race, he acknowledged Thursday night, saying that Meek didn't have enough money to win the race.

9) Newt Gingrich: Out of the wilderness and into the mix for 2012

HARRISBURG, PA. - It has all the makings of Newt Gingrich's favorite kind of election: A cranky electorate. A Democratic president on the ropes. Republicans poised to take one or both houses of Congress.

10) On the Daily Show, the joke was on Obama

On Comedy Central, the joke was on President Obama Wednesday night.

MarketWatch: Special Financial Services.-Monster shares soar 25% on results, upgrades

 
MarketWatch
 SPECIAL FINANCIAL SERVICES

Monster shares soar 25% on results, upgrades
 
By Benjamin Pimentel MarketWatch


The online jobs board posts upbeat results, including a forecast that tops Wall Street’s expectations. 

MarketWtach: Currencies,Europe, Asia, Emerging Markets.



CURRENCIES

Currency crunch time
Nerves are frayed in the runup to next week's make-or-break moment for the dollar, with the Fed set to reveal widely expected bond purchases aimed at supporting the U.S. economy.
Dollar gains on most rivals except for yen
U.S. stock futures stay in the red, although off earlier lows, after third-quarter GDP data.
GDP rises 2% on consumer spending

EUROPE

EU agrees on budget rules
Leaders will tighten fiscal rules to avoid repeating the Greek shock that nearly toppled the union.
European stocks drop, led by British Airways
Miners lead London stocks to losses
 
Asia
IPOs stand out from pack
Many Asian markets, like Tokyo and Seoul, end lower, but a handful of initial public offerings, including AIA Group, show some sparkle.
Bank of China: Rights issue to raise $9 bln
Sony swings to profit, hikes outlook


EMERGING MARKETS
Inflows slow in latest week
Flows pouring into emerging-market funds slowed considerably in late October, EPFR Global says.

RTTNews: Dayly Market Analysis. Lack Of Clarity On Economic Outlook May Pressure Stocks .

Daily Market Analysis Fri Oct 29 09:11 2010

Oct 29, 2010 Lack Of Clarity On Economic Outlook May Pressure Stocks The major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting caution despite the release of a report that showed that the U.S. economy expanded at an expected pace in the third quarter. The lack of clarity about the economic environment is likely to weigh on averages, which stayed afloat thus far this week without any severe pullback, helped to some extent by robust earnings. Next week's FOMC meeting and the mid-term elections should stir up indecision among traders, pushing them to the sidelines. Full Article

RTTNews: Morning Market Briefing.- Stocks May Open Lower After In-Line Q3 GDP Reading - U.S. Commentary

Morning Market Briefing Fri Oct 29 09:01 2010

Commentary

Oct 29, 2010 Stocks May Open Lower After In-Line Q3 GDP Reading - U.S. Commentary Stock futures are pointing to modest weakness on Wall Street on Friday even after the advance reading on third quarter GDP came in largely in-line with estimates. The major index futures are all in negative territory, with the Dow futures down by 21 points. Full Article

Economic News

Oct 29, 2010 N.Z. Trade Deficit Rises To NZ$532mln New Zealand's balance of trade with the rest of the world recorded a shortfall for the third consecutive month as exports slowed and imports picked up, official data showed. Full Article
Oct 29, 2010 German Retail Sales Fall Unexpectedly In September German retail sales declined further in September in contrast to market expectations for a slight recovery. Full Article
Oct 29, 2010 U.K. Mortgage Approvals At 7-Month Low The number of loans secured for housing purchases in the U.K. edged down to a seven-month low in September but came in at a better than expected level, figures released by the Bank of England showed on Friday. Full Article
Oct 29, 2010 Eurozone Inflation Near 2-Year High; Jobless Rate Rises Euro area annual inflation unexpectedly accelerated in October to a near 2-year high, official figures from Eurostat showed Friday, while the jobless rate hit the highest level since 1998 after the 16-nation currency bloc lost its momentum amid slow global growth. Full Article
Oct 29, 2010 U.S. Q3 GDP Growth Comes In Line With Estimates Economic activity in the United States expanded for the fifth consecutive quarter in the third quarter of 2010, the Commerce Department revealed in a report on Friday, with the pace of growth in the quarter coming in line with economist estimates. Full Article

Earnings News

Oct 29, 2010 Estee Lauder Q1 profit up 36%, beats Street; lifts FY11 earnings viewFriday, Estee Lauder Companies Inc. (EL) posted a first-quarter profit that was 36% higher than the previous year, reflecting a 14% growth in revenue. Both earnings and revenue, which increased across geographic regions, came in above the Street view. Looking ahead, the firm raised its adjusted earnings guidance for the full year, and provided outlook for the second quarter. Full Article
Oct 29, 2010 Chevron Q3 profit dips 2%Friday, Chevron Corp. (CVX) reported a 1.6% dip in its third-quarter profit, despite a 6.6% growth in revenue that came in above the Street view. Income before tax went up 11% from last year. The quarterly results were also affected by foreign currency fluctuations. Net oil-equivalent production increased 1% year-over-year, Chevron said. Full Article
Oct 29, 2010 Honda Q2 profit advances; lifts FY11 earnings viewFriday, Honda Motor Co. Ltd. (HMC) reported a two-and-a-half times surge in its second-quarter profit, despite unfavorable foreign exchange rates, reflecting a 9.5% growth in revenue. Looking ahead, the company lifted earnings outlook for the full year, but cut its revenue guidance. Full Article
Oct 29, 2010 Sony turns to profit in Q2; lifts FY11 earnings guidanceFriday, Sony Corp. (SNE) said it bounced back to profit in the second quarter, as revenue grew 4.3% on growth in most business segments. Looking ahead, the firm boosted its earnings guidance for the full year, but trimmed its revenue outlook, citing the impact of foreign currency fluctuations. Full Article
Oct 29, 2010 Panasonic Q2 profit soars; reiterates FY11 guidanceFriday, Panasonic Corp. (PC) reported a five-fold surge in its second-quarter profit, reflecting a sharp increase in sales as well as lower costs that offset severe price competition and a stronger yen. Sales for the quarter went up 27% from last year. Looking ahead, the firm maintained its earnings and revenue outlook for the full year. Full Article
Oct 29, 2010 Merck Q3 profit plummets 90% on charges, adj. EPS beats StreetFriday, Merck & Co. Inc. (MRK) said its third-quarter profit fell 90% from the previous year, hampered by hefty charges related to its acquisition of Schering-Plough Corp. However, adjusted earnings, though declined year-over-year, came in above the Street view. The firm's revenue, on the other hand, grew 84%, but fell short of consensus estimate. Looking ahead, Merck lifted the low end of its adjusted earnings outlook for the full year. Full Article
Oct 29, 2010 Nasdaq OMX Q3 profit climbs 68% on lower rebates, fees; beats StreetFriday, Nasdaq OMX Group Inc. (NDAQ) reported a 68% rise in profit for the third quarter, despite a 9.2% decline in market services revenues, helped by a reduction in liquidity rebates, and brokerage and clearance fees. Both adjusted earnings and revenue came in above the Street view. Further, the company raised its share repurchase plan by $150 million to an authorized total of $550 million. Full Article
Oct 29, 2010 Microsoft Q1 profit climbs 51%Thursday, Microsoft Corp. (MSFT) reported a 51% rise in profit for the first quarter, helped by strong enterprise growth and strong demand for its Windows 7 operating system and Office 2010 software suit. Both earnings per share and revenue, which grew 25% from last year, came in above the Street view. Full Article
Oct 29, 2010 MetLife returns to profit in Q3, yet misses Street; to sell Japanese JV stake for US$ 275 mlnThursday, MetLife, Inc. (MET) said it turned to profit in the third quarter, helped by higher investment income, as well as decline in operating expenses in the U.S. Operating earnings, which exclude investment gains and losses, surged 22% from last year. However, both earnings and operating revenue, which grew 5%, came in below the Street view. Friday the firm announced that it agreed to sell its stake in its Japanese joint venture, Mitsui Sumitomo MetLife Insurance Co. Ltd., to its JV partner, MS&AD Insurance Group Holdings, Inc. for about US$275 million. Full Article
Oct 29, 2010 First Solar Q3 profit rises 15%, beats Street; boosts FY10 ViewThursday, First Solar Inc. (FSLR) said its third-quarter profit rose 15.3% from last year, helped by an increase in module output, a decline in cost per watt and higher sales. Sales for the quarter surged 65.9% from the previous year. Looking ahead, First Solar lifted its earnings and sales guidance for the full year. Full Article
Oct 29, 2010 Southwestern Energy Q3 profit up 36%; meets StreetThursday, Southwestern Energy Co. (SWN) reported a 36% jump in profit for the third quarter on higher levels of output that offset a decline in gas prices. Earnings per share came in line with the Street view. Full Article
Oct 29, 2010 Expedia Q3 profit up 51%, tops estimateThursday, Expedia Inc. (EXPE) reported a 51% rise in profit for the third quarter, as revenue grew 16% on strong performance by its hotel, as well as media and advertising businesses. Both adjusted earnings and revenue surpassed the Street view. Full Article

Broker Ratings Changes

Oct 29, 2010 FBR Capital Markets Lifts Maxim Integrated Products Inc. (MXIM) To Outperform From Market Perform With $29 Up From $22 Price Target

Todays WS Events

Oct 29, 2010 MetLife Q3 10 Earnings Conference Call At 8:00 AM ET MetLife, Inc. (MET) will host a conference call at 8:00 AM ET, October 29, 2010, to discuss its Q3 10 earnings results. To access the live webcast, log on at www.metlife.com To hear the call, dial (612) 326-1011. A replay of the call can be heard by dialing (320) 365-3844 with access code 151273.
Oct 29, 2010 Merck Q3 10 Earnings Conference Call At 8:00 AM ET Merck & Co., Inc. (MRK) will host a conference call at 8:00 AM ET, October 29, 2010, to discuss its Q3 10 earnings result. To access the live webcast, log on at www.merck.com/investors/events-and-presentations/home.html To participate in the call, dial (706) 758-9928 or (800) 399-7917. To listen to the replay, dial (706) 645-9291 or (800) 642-1687 using ID Number 11269659.
Oct 29, 2010 Rockwell Collins Q4 10 Earnings Conference Call At 9:00 AM ET Rockwell Collins Inc. (COL) will host a conference call at 9:00 AM ET, October 29, 2010, to discuss its Q4 10 earnings results. To access the live webcast, log on at www.rockwellcollins.com
Oct 29, 2010 Progress Energy Q3 10 Earnings Conference Call At 10:00 AM ET Progress Energy Inc. (PGN) will host a conference call at 10:00 AM ET, October 29, 2010, to discuss its Q3 10 earnings result. To access the live webcast, log on to www.progress-energy.com/investor To participate in the call, dial 913-312-0396, confirmation code 5698470. For replay, dial 719-457-0820 and enter confirmation code 5698470.
Oct 29, 2010 Chevron Q3 10 Earnings Conference Call At 11:00 AM ET Chevron Corp. (CVX) will host a conference call at 11:00 AM ET, October 29, 2010, to discuss its Q3 10 earnings results. To access the live webcast, log on at www.chevron.com To hear the live call, dial 703-639-1116 or 866-219-5256 with ID #: 1486985.

FINANCIAL AND FOREX INFO NEWS (F & F I N ) : Reuters Before The Bell





Stock futures ease with GDP on tap
Toyota secretly bought problem cars, lawsuit says
U.S. on track for "fiscal train wreck": Roubini
U.S. growth seen up in Q3 but still slack
Merck sales disappoint, takes big Vioxx charge
Microsoft beats Street and knocks down Apple worry
BA, Iberia swing to profit as premium traffic grows
Total profits soar on higher oil, refining
AIG's crown jewel AIA makes hot Hong Kong debut
GM to repay taxpayers $2.1 billion as prepares for IPO

The Washington Post: Opinions Restore sanity? Too late for the Tea Party...

wp logo 
Opinions  Friday, Oct. 29, 2010

Eugene RobinsonRestore sanity? Too late for the Tea PartyTea Party candidates' mondo-bizarro moments have been comedy central all along.
 
Michael GersonThe wars we've left behindAfghanistan plays a small role in midterm election issues.
 
Julius GenachowskiBuilding better wireless networksWith mobile traffic growing, the U.S. needs to keep up with spectrum demands.
 
Benjamin WittesThe right way to try KSMCharge the Sept. 11 plotters in federal court -- and in military commissions.
 
Charles KrauthammerThe great campaign of 2010The great post-racial presidency ends with a desperate election-eve plea for ethnic retribution.
 
Jim HoaglandThe G-20's tough task in SeoulIs any meaningful action likely to emerge from the Group of 20 summit next month?
 
Saeb ErakatThe Israeli-Palestinian settlement impasseWithout a settlement freeze, there won't be land for a Palestinian state.
 
C. Fred Bergsten and Arvind SubramanianWhat Obama can accomplish in IndiaWhat the president can accomplish in India.
 
Edward Schumacher-MatosThe case for immigration enforcementActivist groups need to be out in front of the enforcement argument, not trying to block it.
 
Tom TOLES

Click on the image for the full-size cartoon.
Ann TELNAES

Click on the image for the animation.
ComPost
Dana Milbank and Alexandra Petri put the 'pun' in punditry
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