LATEST NEWS

ECONOMICS

South Sudan To Complete Oil Shutdown Saturday
South Sudan is set to complete the shutdown of its oil production on Saturday, following a dispute with the neighboring Sudan, reports said Saturday. The country...
Fitch Downgrades Spain, Italy And 3 Other Eurozone Nations
Fitch Ratings said Friday that it has downgraded the long-term Issuer Default Ratings of Spain, Italy, Belgium, Cyprus and Slovenia, and affirmed the long-term Issuer...
Singapore Dec. Output Price Inflation Slows
Singapore's output price inflation eased in December, data from the Department of Statistics showed Friday. The manufactured product price index rose 5.3 percent...

POLICY

US, Philippines To Strengthen Defense, Trade Cooperation
The United States and the Philippines have agreed to further enhance bilateral cooperation, including in security, defense, commerce, law enforcement, human...
Obama Calls For Steps To Address Rising College Tuition Costs
President Barack Obama Friday traveled to Ann Arbor Michigan to promote the cause of keeping college affordable. Speaking at a rally at the University of...
US Designates Three As Global Terrorists
The U.S. State Department on Thursday designated Yassin Chouka, his brother Monir Chouka and Mevlut Kar as Specially Designated Global Terrorists. Consequently,...

POLITICS

Washington Whimsy - Houston, Newt Has A Problem
Republican presidential candidate Newt Gingrich has never been one to shy away from lofty goals. But the former House Speaker certainly raised some....
McCain Stumps For Romney In Florida
Arizona Senator John McCain took to the campaign trail Friday seeking to boost the prospects of his former rival for the 2008 presidential....
Romney On Cloud Nine In Cape Canaveral After Stellar Debate Showing
Republican presidential candidate Mitt Romney, bolstered by Thursday evening's strong debate performance, turned his attention to President Barack Obama in....
 

REPORTS

Dollar Slips Against Major Rivals After Disappointing GDP Report
The dollar has experienced modest weakness against its major rivals in U.S. trading on Friday as traders mulled over a gross domestic report that fell short of analyst expectations. Meanwhile, traders anxiously awaited the verdict...
Dollar Slides As Greece Nears Sovereign Debt Deal
The dollar was back on defense Friday morning, hurt by talk that Greece was close to a deal on a voluntary restructuring of its sovereign debt. Olli Rehn, the vice president of the European Commission, said that a deal should...
Dollar Steadies After New Home Sales Disappoint
The dollar extended its monthly lows before finding support Thursday afternoon, as traders sought a safe haven after U.S. data showed the weakest new home sales on record. Stocks turned lower as risk aversion picked up. Markets...




Algonquin Power & Utilities To Withdraw Minority Interest Wind Investment
1/27/2012 5:47:04 PM Algonquin Power & Utilities Corp. (AQN.TO) announced that it plans not to proceed with the previously announced....
NiMin Energy Announces Departure Of President Sven Hagen - Quick Facts
1/27/2012 5:38:12 PM NiMin Energy Corp. (NNN.TO, NEYYF.OB, NEYYF.PK) announced that its Board has decided not to renew President Sven....
Wells Fargo Canada Files Final Base Shelf Prospectus - Quick Facts
1/27/2012 5:02:08 PM Wells Fargo Canada Corp. announced that it has filed and received a receipt for a final base shelf prospectus. This....

West Bancorporation Q4 11 Earnings Conference Call At 3:00 PM ET
West Coast Q4 11 Earnings Conference Call At 2:00 PM ET
Washington Banking Q4 11 Earnings Conference Call At 1:00 PM ET
WSFS Financial Q4 11 Earnings Conference Call At 1:00 PM ET
Ryland Group Q4 11 Earnings Conference Call At 12:00 PM ET
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TOP STORIES

Stage Set For Azarenka-Sharapova Title Clash
titleclash-012812.jpg

The stage is set for Saturday's Australian Open women's final between Maria Sharapova and Victoria Azarenka, which will also decide the new World No. 1 in Women's tennis. The circuit's two big shriekers as well as crowd-entertainers are eying to reach the top spot, which will remain with Caroline Wozniacki for just few hours. Both entered the final after winning dramatic semi-finals. Sharapova, ranked 4th, won 6-2, 3-6, 6-4 over Wimbledon champion Petra Kvitova while No. 3 Azarenka had to


Romney On Cloud Nine In Cape Canaveral After Stellar Debate Showing

Republican presidential candidate Mitt Romney, bolstered by Thursday evening's strong debate performance, turned his attention to President Barack Obama in a speech on Floida's Space Coast Friday. With polls showing Romney has surged to the front of the pack in the Florida primary, he began looking...


Amylin-FDA-012712.jpg
FDA Approves Amylin's once-weekly diabetes treatment Bydureon

Amylin Pharmaceuticals, Inc. and Alkermes plc said Friday that the U.S. Food and Drug Administration has approved Bydureon, the first once-weekly treatment for type 2 diabetes. Bydureon, which is a once-weekly injection and uses exenatide as its active ingredient, will be available in pharmacies across the U.S. in February.

BREAKING NEWS

FTC Sues To Block Omnicare's Hostile Bid For PharMerica - Update
1/27/2012 7:52:02 PM The Federal Trade Commission Friday filed a complaint to block Omnicare Inc.'s (OCR) hostile bid for rival PharMerica Corp. (PMC), alleging a merger of the two largest U.S. long-term care pharmacies would....
FDA Approves Pfizer's Inlyta To Treat Advanced Kidney Cancer - Update
1/27/2012 2:52:20 PM Pfizer Inc. (PFE) said Friday the U.S. Food and Drug Administration approved its kidney cancer drug Inlyta to treat patients with advanced renal cell carcinoma who failed a standard treatment. The approval....
T. Rowe Price Q4 Profit Declines
1/27/2012 2:48:39 PM Asset manager T. Rowe Price Group, Inc. (TROW) said Friday that its fourth quarter profit declined slightly from last year, hurt by stock market volatility and higher provision for income tax. However, the....
Roche Begins Tender Offer For Illumina - Update
1/27/2012 1:59:13 PM Pharma giant Roche Holding AG (RHHBY.PK), Friday revealed the start of its $44.50 per share cash tender offer to acquire all the outstanding shares of Illumina Inc. (ILMN). The offer and withdrawal rights....
American Electric Profit Surges, But Misses Estimate
1/27/2012 1:12:25 PM American Electric Power Co. Inc. (AEP) said Friday its fourth-quarter earnings surged from last year, due mainly to significant one-time cost recoveries. Excluding items, adjusted earnings for the quarter....

QUICK FACTS

International Paper, Temple-Inland Extend DOJ Review Period
1/27/2012 7:46:49 PM International Paper Co. (IP) and Temple-Inland Inc. (TIN) said Friday that they have agreed to extend the U.S. Department of Justice's review period with respect to International Paper's acquisition of...
Delta Reportedly Mulls Bid For US Airways
1/27/2012 7:41:46 PM Delta Air Lines Inc. (DAL) is studying US Airways Group Inc. (LCC) as a possible acquisition target, the Wall Street Journal reported Friday, citing people familiar with the matter. Delta has also been...
First Resource Bank Purchases Assets Of Patriot Bank Minnesota From FDIC
1/27/2012 7:05:55 PM First Resource Bank announced that it has purchased the assets and assumed all the deposits of Patriot Bank Minnesota from the Federal Deposit Insurance Corp. or FDIC, effective immediately. First Resource...
U.S. Bank Acquires Banking Operations Of BankEast - Quick Facts
1/27/2012 6:22:27 PM U.S. Bancorp (USB) announced that, effective immediately, its lead bank, U.S. Bank National Association, has acquired the banking operations of BankEast, a subsidiary of BankEast Corporation, from the...
Biglari Holdings Q1 Profit Declines - Quick Facts
1/27/2012 6:09:22 PM Biglari Holdings Inc. (BH) reported net income for the first quarter of $8.8 million or $6.58 per share, down from last year's $9.5 million or $7.08 per share. Net sales for the quarter increased 5.5...


MORNING BRIEF

Trading Could be Lackluster On Smaller-than-expected GDP Growth
The major U.S. index futures are pointing to a lower opening on Friday, with sentiment faltering after the Commerce Department released a report, which showed that the U.S. economy expanded in the fourth quarter, although at a slower than expected pace. The data should come as a disappointment for traders,...... (complete analysis)

U.S

Stocks Close Mixed Following Lackluster Trading Day - U.S. Commentary
Stocks turned in a relatively lackluster performance over the course of the trading day on Friday as traders....
Stocks Turning In Mixed Performance In Mid-Afternoon Trading - U.S. Commentary
After seeing initial weakness, stocks have turned mixed over the course of the trading day on Friday. The....
Stocks Continue To Experience Choppy Trading After GDP Report - U.S. Commentary
While a report showing somewhat weaker than expected U.S. economic growth in the final three months of last year....

CANADA

TSX Closes Marginally Higher, Gains 0.4% For Week
1/27/2012 4:39:34 PM Toronto stocks were back in positive territory on Friday amid renewed hopes of a satisfactory resolution to Greece's talks with private creditors on a partial write-off of its sovereign debt. Nonetheless, disappointing economic data from the U.S. limited the upside....
TSX Little Changed As Financials Slump - Canadian Commentary
1/27/2012 11:30:36 AM Toronto stocks were little changed Friday morning as commodities were struggling to extend gains after a disappointing fourth quarter economic growth numbers from the U.S., Canada's largest trading partner. Also, traders focus on developments in Greece, as the nation continuing its negotiations with......
TSX Poised For Mixed Open - Canadian Commentary
1/27/2012 9:00:38 AM Canadian stocks may edge up at open Friday amid mixed commodities and varied cues from the global equity markets. While most Asian markets ended higher overnight, European shares were struggling to hold on to their recent gains even as Greece continuing its negotiations with its private creditors. U.S.......

EUROPE

The Swiss Stock Market Closed To The Downside Friday
The Swiss stock market pulled back on Friday. The market was weighed down by the poor performance of both financial....
Swiss Stocks Holding Steady
The Swiss stock market is showing a fractional gain in mid-day trading on Friday. With little definitive news to....

ASIA-PACIFIC

Bull Run Continues; Sensex Up 0.9 Percent
Indian shares extended their recent sharp gains on Friday, as the Federal Reserve's extension of the timeframe of....
Asian Stocks Post Modest Gains On Fed Stance
Asian stocks swung between gains and losses before ending mostly higher on Friday as the Fed's decision to provide....

COLUMNS
Science & Technology
Doomsdayclock-011312.jpg The Bulletin of the Atomic Scientists on January 10 announced pushing forward the Doomsday Clock by 1 minute, thus indicating that humanity is now five "minutes" from the "midnight" of global disaster, compared to the prior 6 minutes. This latest revision reflects that nations are not proactively seeking to reduce their stockpiles of nuclear weapons or address the threats of regional nuclear warfare.
Arts & Leisure
Oscarstatuette-012712.jpg Though the Best Picture category for this year's Academy Awards isn't exactly one of the strongest in recent memory ("Moneyball," really?), there are still plenty of great films that have captured imaginations and deserve kudos and accolades. Here's a look at the top films you'll need to check out to stay in the Oscar loop from now until the ceremony on February 26th.
Politics & Policy
NewtGingrich-012712.jpg Republican presidential candidate Newt Gingrich has never been one to shy away from lofty goals. But the former House Speaker certainly raised some eyebrows in Thursday's GOP primary debate when he pledged to establish a permanent colony on the moon before the end of his second term. On Friday, Gingrich's plan for a lunar colony opened him up to a somewhat scathing criticism from former presidential candidate and Arizona Senator John McCain.
Money
money-011012.jpg In times of market mayhem, annuities can be a safe way to invest your money, especially if you're eying retirement. An annuity is a financial product sold by financial institutions, such as an insurance company. It is designed to accept and grow funds from an individual and then pay out a stream of payments upon annuitization. It's a great way to grow your money without much risk.
MORE

Economic Calendar
DateIndicatorperiodCountry
1/27/2012 5:00:00 PMConsumer Confidence IndexJAN South Korea
1/27/2012 9:55:00 AMUniv. of Mich. Consumer Confidence IndexJAN United States
1/27/2012 8:30:00 AMGDP (Q-o-Q)Q4 United States
1/27/2012 8:30:00 AMGDP (Y-o-Y)Q4 United States
1/27/2012 8:30:00 AMGDP Deflator (Q-o-Q)Q4 United States
1/27/2012 8:30:00 AMPersonal Consumption Expenditure (Q-o-Q)Q4 United States
1/27/2012 8:30:00 AMPersonal Consumption Expenditure (Y-o-Y)Q4 United States
1/27/2012 8:30:00 AMCore Personal Consumption Expenditure (Y-o-Y)Q4 United States
1/27/2012 6:30:00 AMOfficial Foreign ReservesJAN 20 India
1/27/2012 6:00:00 AMRetail Sales (M-o-M)DEC Ireland
More Economic Calendar Data

Ratings changes
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Dow Posts First Weekly Loss Of Year
01/27/12 04:30
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GDP Report Brings Economy Into Campaign Forefront
01/27/12 03:00
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Volatility Persists On Wall Street Thursday
01/26/12 04:30
 
BIOTECHNOLOGY NEWS
Amylin-FDA-012712.jpg Amylin Pharmaceuticals, Inc. and Alkermes plc said Friday that the U.S. Food and Drug Administration has approved Bydureon, the first once-weekly treatment for type 2 diabetes. Bydureon, which is a once-weekly injection and uses exenatide as its active ingredient, will be available in pharmacies across the U.S. in February.
MORE



SHORT TERM

Ubiquiti Networks' Strong Outlook
11/11/2011 6:53:15 AM Ubiquiti Networks Inc. (UBNT) forecast second-quarter GAAP earnings in the range of $0.10 - $0.11 per share, non-GAAP earnings in the range of $0.24 - $0.25 per share, with revenues...
Skullcandy Boosts FY11 View; Swings To Profit In Q3
11/4/2011 9:07:40 AM Headphones maker Skullcandy Inc. (SKUL) lifted its fiscal 2011 financial forecast, above consensus, and reported a third-quarter profit, boosted by double-digit increases in both units...
SPS Commerce Guides Q4, FY11 Revenues Above Estimates
10/28/2011 9:29:18 AM SPS Commerce (SPSC) projects fourth-quarter earnings in the range of $0.00 - $0.02 per share, and non-GAAP earnings in range of $0.06 - $0.08 per share. Fourth-quarter revenues are...

LONG TERM

MKT TREND


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