Jan 21, 2012
Alert Name: FGC BOLSA - FGC FINA
January 21, 2012
January 21, 2012
WORLD / EUROPE
By STEPHEN CASTLE (NYT)
Viktor Orban promised Friday to abandon plans to merge the nation’s central bank and its financial markets regulator, seeking to defuse criticism from the European Union.
BUSINESS DAY / GLOBAL BUSINESS
By HIROKO TABUCHI (NYT)
Olympus will not be kicked off the Tokyo Stock Exchange, but it must pay a fine for covering up massive losses with false accounting, exchange officials said.
NYT Global Update corresponding to January 20, 2012 | Top News: France Weighs Pullout After 4 of Its Soldiers Are Killed
By STEVEN ERLANGER and ALISSA J. RUBIN
President Nicolas Sarkozy of France suspended military operations in Afghanistan and said he was considering an early withdrawal.
By MATTHEW ROSENBERG
Ill will and mistrust run deep among civilians and militaries on both sides, raising questions about what future role the United States and its allies can expect to play in Afghanistan.
By BEN SISARIO
Federal authorities said Megaupload was a global enterprise based on Internet piracy, and four people named in an indictment were denied bail in New Zealand on Friday.
For years the Kachin Independence Army controlled Myanmar's northern hills, which they call their ethnic homeland. Now the Burmese Army has pushed into the region, displacing thousands.
By DOV LINZER
Jewish law holds men responsible for controlling their licentious thoughts about women.
By STEVEN ERLANGER
The European Union moved closer to imposing a phased oil embargo on Iran and sanctions against dealing with Iran's central bank to press Tehran into talks on its nuclear program.
By STEPHEN CASTLE
Viktor Orban promised Friday to abandon plans to merge the nation's central bank and its financial markets regulator, seeking to defuse criticism from the European Union.
By GAIA PIANIGIANI, RICK GLADSTONE and ALAN COWELL
For the third time since the Costa Concordia cruise liner foundered off this Italian island a week ago, rescuers suspended operations Friday after the vessel shifted.
CBS News Political Hotsheet Top Stories Corresponding to Friday 20, 2012: Poll: Gingrich quickly gaining ground on Romney
By William Spain, MarketWatch
CHICAGO (MarketWatch) – Among the stocks that could see active trade in Monday’s session are Halliburton, Texas Instruments and Sears Holdings.
Halliburton HAL -0.06% is slated to report its fourth quarter financials before the opening bell. The oil field services firm is expected to earn $1 a share on revenue of $6.82 billion according to the average estimate of analysts polled by FactSet Research.
Also due up is Texas Instruments TXN -0.03% which should post a profit of 26 cents a share with revenue of $3.26 billion if Wall Street’s best guess is on the mark.
Sears Holdings SHLD +1.22% has gained about 50% over the last week. Largely on speculation that majority shareholder Eddie Lampert is getting ready to try and take the company private. On Friday alone, it gained about 13%.
William Spain is a MarketWatch staff writer in Chicago.
NYT Afternoon Business News Corresponding to January 20,2012: Founder of Shuttered File-Sharing Site Sought Limelight
By KEVIN J. O'BRIEN
The founder of Megaupload, which was shut down after a dramatic raid by the police in New Zealand on Friday, went by the name of Kim Dotcom and made no secret of his success.
By STEVE LOHR
The financial performance is in line with Wall Street's expectations and reflected G.E.'s strategy of paring back its reliance on its big finance arm and relying more on its industrial businesses.
By MARK SCOTT
European banks must submit their recapitalization plans to their national authorities by Friday as the banks seek to increase their capital reserves by a combined 115 billion euros, or $147 billion.
Traders were assessing disappointing earnings from Google and G.E., as well as improving prospects for a debt deal in Greece.
By THOMAS FULLER
Before the floods, Thailand produced nearly of the world's hard disk drives, the ubiquitous storage devices of the digital age. It is now clear it will be months before production returns to normal.
|Wall Street ends stellar week on a mixed note|
|NEW YORK (Reuters) - The Dow industrials and the S&P 500 posted their best week in four even with a mixed finish on Friday after strong earnings from tech bellwethers IBM and Intel contrasted with Google's disappointing quarterly report. | Full Article|
|Home sales hit 11-month high|
|January 20, 2012 01:29 PM ET|
|WASHINGTON (Reuters) - Home sales hit an 11-month high in December and the number of properties on the market was the fewest in nearly seven years, pointing to a nascent recovery in the housing sector. | Full Article|
|Greece, creditors close in on debt cut deal|
|January 20, 2012 04:28 PM ET|
|ATHENS/LONDON (Reuters) - Greece was closing in on an initial deal with private bond holders on Friday that would prevent it from tumbling into a chaotic default but lose investors up to 70 percent of the loans they have given to Athens. | Full Article|
|GE revenue lower than expected|
|January 20, 2012 01:30 PM ET|
|(Reuters) - General Electric Co's fourth-quarter revenue fell short of Wall Street expectations, with Europe's weakening economy and weak sales of appliances the main culprits. | Full Article|
|Courts push back on bribery prosecutions|
|January 20, 2012 03:54 PM ET|
|WASHINGTON (Reuters) - As the Justice Department has stepped up its enforcement of an anti-foreign bribery law, it has faced the expected stiff resistance from the business community. | Full Article|
|US TOP NEWS|
|Hours before key primary, Romney lowers expectations|
|January 20, 2012 02:19 PM ET|
|GILBERT, South Carolina (Reuters) - With the crucial Republican presidential primary in South Carolina just hours away, front-runner Mitt Romney on Friday lowered expectations for how well he will do and acknowledged he is in a neck-and-neck race with Newt Gingrich. | Full Article|
|Supreme Court throws out Texas election maps|
|January 20, 2012 02:53 PM ET|
|WASHINGTON (Reuters) - The Supreme Court handed Texas Republicans a partial victory in a partisan fight over election redistricting that has erupted after a huge increase in the state's Hispanic population. | Full Article|
|Megaupload site wants assets back, to fight charges|
|January 20, 2012 02:40 PM ET|
|WASHINGTON (Reuters) - The Internet website Megaupload.com, shut down by authorities over allegations that it illegally peddled copyrighted material, is trying to recover its servers and get back online, a lawyer for the company said on Friday. | Full Article|
|Major powers signal openness to Iran talks|
|January 20, 2012 12:55 PM ET|
|WASHINGTON (Reuters) - Major powers seeking to negotiate an end to Iran's suspected pursuit of nuclear weapons on Friday signaled their openness to renewed talks with Tehran but diplomats said the powers remain divided on their approach. | Full Article|
|Violence keeps Syria on edge, Arab mission may extend|
|January 20, 2012 04:28 PM ET|
|AMMAN (Reuters) - At least six people were killed in Syria on Friday and the bodies of six others were turned over to their families, activists said, two days before the Arab League decides whether to keep monitors there despite their failure to halt bloodshed. | Full Article|
Asia's Week Ahead: Holidays, Reserve-Bank Moves Jan. 20, 2012 Stock-market action in Asia will be affected by various holidays, which means the spotlight is on central banks in the region, including the Reserve Bank of India, the Bank of Japan and the Bank of Thailand. Australia also will issue inflation numbers. Rex Crum reports. (Photo: Getty Images)
JANUARY 20, 2012
MarketWatch top 10 stories Jan 17 - 20
The Nasdaq Composite (COMP) closed the week up 2.8%, the best performance of the three major U.S. indexes.
The Dow Jones Industrial Average (DJIA) ended the week up 2.4% and the S&P 500 Index added 2%.
Also please watch our Week Ahead videos.
U.S. Week Ahead: Apple, Yahoo and the Fed
Greg Morcroft, assistant managing editor
France and the death of the sovereign debt market
So where was the carnage? Late last Friday night, the ratings agency Standard & Poor's delivered its downgrade of French debt, stripping one of the world's biggest economies of its AAA rating. What the French downgrade really signaled was the slow death of the sovereign bond market — and each chapter in that saga is a bit less surprising. Japan's AAA rating is gone. So is the U.S.'s. Italy's went a long time ago, and now France's. The U.K. can't be far behind. Neither can Germany. Read Matthew Lynn's London Eye column, on MarketWatch
3 cheap stocks to snap up under $10
Sometimes you get what you pay for. Like a premium pair of shoes, high-priced Apple (AAPL) stock has made plenty of investors light on their feet for the last several years. On the flip side, bargain hunters in Bank of America (BAC) have been burned. But not all cheap stocks are ugly investments that will whipsaw you around with volatility. Some low-price shares are indeed screaming bargains worth your cash. Here are three low-priced stocks to consider. Read about the trio of stocks to consider now, on MarketWatch
Kodak files for bankuptcy
Iconic U.S. photo-equipment maker Eastman Kodak Co.(EKDKQ) said early Thursday that the company and its U.S. subsidiaries filed for Chapter 11 bankruptcy. The firm said the move "is intended to bolster liquidity in the U.S. and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities, and enable the company to focus on its most valuable business lines." Read MarketWatch coverage of Kodak bankruptcy
Romney was a businessman, not a job creator
he Republican Party is on the verge of nominating a candidate who represents its wildest dream, or perhaps its worst nightmare.After years of telling us that businesspeople are "job creators," it looks like the Republicans are going to nominate a successful businessman, Mitt Romney, as their presidential candidate. Now that wealthy business owners have been elevated into the American pantheon, joining flag, Mom and apple pie, the Republican job-creation rhetoric could be put to the test. How? Because Mitt Romney's notable successes at Bain Capital show that businesses don't create jobs. That is to say, businesses aren't in the business of creating jobs. Read Rex Nutting commentary, on MarketWatch
CEO of the Year: Cloud, Fire lifted Amazon's Bezos
For his imagination, his long-term focus and his sheer optimism in the face of the most uncertain of economic times, Amazon's (AMZN) Jeff Bezos has been named MarketWatch CEO of the Year. His moves in 2011 gave millions of customers new and faster ways to consume books, music and more from Bezos and from all manner of other vendors in his galaxy. They gave thousands of workers new jobs. And they significantly added value to long-term investors, even as they gave nearsighted investors plenty of new jitters. Read MarketWatch's CEO of the year story on Jeff Bezos
For Citi investors, the waiting continues
Citigroup (C) investors can be forgiven for seeing the glass as half-empty. For as much as the full-year results show progress, the fourth quarter was a reality check that showed the bank is still unable to meet even the most restrained Wall Street analysts' expectations. Chief Executive Vikram Pandit argued that the fourth quarter results — analysts had expected earnings of 50 cents a share, compared to the reported 38 cents — were driven by the bank's reduction of assets at CitiHoldings. That unit is the so-called "bad bank" set up to dispose of risky and devalued securities and loans that the bank held at the time of the financial crisis. Read MarketWatch coverage of Citigroup earnings
China growth cools, easing seen as likely
China's economy expanded in the fourth quarter at the slowest pace since the middle of 2009, setting the stage for what could be a further easing in monetary policy and selective loosening on home purchase restrictions in some cities, according to analysts.Gross domestic product between October and December rose 8.9% from the year-ago quarter, the National Bureau of Statistics reported Tuesday, with the result beating expectations of 8.6% growth tipped in a Dow Jones Newswires poll of economists. Read about cooling Chinese GDP growth, on MarketWatch
Where to put your money if the bond bull stumbles
Bond buyers enjoyed another banner year in 2011, with total returns in all classes outperforming the broad U.S. stock market, and investors continuing to pile into bonds and shun stocks. The celebrity status for bonds troubles some investors and investment strategists. They sense that this great bond bull market will slow in 2012. Not that sticking with bonds at this juncture is a recipe for disaster, but with more of their nest-egg tied to fixed-income securities, investors need to ask some hard questions. Read MarketWatch's Weekend Investor column
Investors, prepare for tax headache on cost basis
Investors who buy and sell stocks have a new tax form and new reporting rules to contend with this year when they do their tax returns — and some tax pros say the new rules could cause confusion. Thanks to the Emergency Economic Stabilization Act of 2008, starting in tax year 2011, if you sell a stock, your broker must report to the IRS the amount you paid for that stock — that is, your cost basis. (You subtract that cost basis from the stock's price at the time you sell to calculate your gain or loss.) Read about new tax rules for stock sales, on MarketWatch
No SOPA for you
Under pressure from lawmakers and Internet companies, Senate and House lawmakers postponed a vote on Internet anti-piracy legislation known as Protect IP Act, or PIPA in the Senate and the Stop Online Piracy Act in the House.Senate Majority Leader Harry Reid had planned to bring it up for a procedural test vote Tuesday, but said Friday he plans to take more time to adjust the bill and he plans to work on a compromise legislation. Also, Rep. Lamar Smith, a Republican from Texas, said Friday according to reports that he would postpone efforts to bring his bill, SOPA, up for a vote. Read latest development on SOPA legislation
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