February 22, 2012

Business

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Globe and Mail

Dow Snaps Win Streak
Wall Street Journal
By JONATHAN CHENG Stocks faltered for the first day in four amid caution on the European economy and uncertainty about the implementation of Greece's debt deal. The Dow Jones Industrial Average gave up 27.02 points, or 0.2%, to 12938.67, ...
Stocks lower a day after Dow's blip above 13000The Associated Press
Stocks fall as Europe frets over GreeceUSA TODAY
How the Dow Jones industrial average and other major stock indexes fared WednesdayWashington Post
ABC News -Fox Business -San Francisco Chronicle
all 1,943 news articles »
Posted: February 22, 2012, 10:06 pm

euronews

GLOBAL MARKETS-Stocks ease on growth concerns, oil at 9-month high
Reuters
* US stocks end down, led by banks * World stocks lower, while bond prices rise * Euro zone PMI data raises question over economic recovery * Brent crude oil prices jump on Iran supply worries By Caroline Valetkevitch NEW YORK, Feb 22 (Reuters) ...
Euro Area Struggling to Rebound From Fourth-Quarter Contraction: EconomyBloomberg
Emerging-Market Stocks Drop as Output Contracts in Europe, ChinaBusinessWeek
Euro-Zone Business Activity Shrinks UnexpectedlyWall Street Journal
MarketWatch -Economic Times -Vancouver Sun
all 183 news articles »
Posted: February 22, 2012, 9:50 pm

Globe and Mail

Markets Find Little Relief in Greek Bailout
New York Times
Wall Street was subdued on Wednesday as investors worried that the Greek bailout plan might not be enough to keep the country from eventually defaulting on its debts and possibly leaving the euro currency bloc. At the close of trading on Wall Street, ...
Europe Faces Pressure to Boost FundsWall Street Journal
US Treasury says Europe needs convincing debt firewallReuters
Germany fights eurozone firewall movesFinancial Times
Boston.com -BusinessWeek
all 7,046 news articles »
Posted: February 22, 2012, 9:43 pm

CBC.ca

US home resales at 1-1/2 yr-high, supply falls
Reuters
* Home sales up 4.3 percent to 1-1/2 year-high * Inventory of homes falls to 7-year low * Median home price lowest in 10 years By Lucia Mutikani WASHINGTON, Feb 22 (Reuters) - US home resales rose to a 1-1/2-year high in January, pushing the supply of ...
Summary Box: Sales of previously occupied homes rose to highest level in ...Washington Post
Atlanta home re-sales tumble for month, up for yearAtlanta Journal Constitution
Sales of Existing Homes Rise 4.3%New York Times
BusinessWeek
all 594 news articles »
Posted: February 22, 2012, 9:40 pm

Los Angeles Times

Mine disaster: Official charged with blocking inspections; 29 died
Los Angeles Times
By Michael Muskal The then-superintendent of the Upper Big Branch mine in West Virginia was charged Wednesday with conspiring with others to block federal regulators from enforcing safety requirements at the facility where 29 people were killed in an ...
Ex-mine official charged in fatal West Virginia blastReuters
W.Va. Mine Boss Charged With Fraud in Deadly BlastABC News
Chicago Tribune
Washington Post
all 480 news articles »
Posted: February 22, 2012, 9:34 pm

Palm Beach Post

Express Scripts profit falls on charges
MarketWatch
By Tess Stynes Express Scripts Inc.'s (NASDAQ:ESRX) fourth-quarter earnings fell 12% on acquisition-related expenses as the pharmacy-benefit manager posted stronger sales. Express Scripts reiterated that it won't issue 2012 guidance until after it ...
Express Scripts Q4 Earnings Lower Than ExpectedFox Business
Express Scripts Inc. (ESRX) Is Pulling Back After Q4 ReportNASDAQ
Express Scripts Q4 Profit Down - Quick FactsRTT News
Forbes
all 20 news articles »
Posted: February 22, 2012, 9:32 pm

Bloomberg

PC slump kills HP and Dell's bottom lines
CNN
By David Goldman @CNNMoneyTech February 22, 2012: 4:20 PM ET NEW YORK (CNNMoney) -- Maybe HP wants to rethink that whole "we're not getting rid of the PC" decision? As PC sales swooned, Hewlett-Packard said Wednesday that its profit fell by a dramatic ...
Hewlett-Packard 1Q Results, 2Q Guidance SoftFox Business
Hewlett-Packard Earnings Beat Estimates, Revenue MissesCNBC.com
Hewlett-Packard Forecast Misses Estimates Amid Consumer SlumpBusinessWeek
New York Times -Wall Street Journal -TheStreet.com
all 196 news articles »
Posted: February 22, 2012, 9:21 pm

ABC News

Democrats Urge Obama to Tap Reserve Oil as Industry Objects
San Francisco Chronicle
Feb. 22 (Bloomberg) -- President Barack Obama should release crude from the Strategic Petroleum Reserve to stem rising gasoline prices, three US House Democrats said, a move the energy industry opposes. "This most-recent run-up in prices is primarily ...
Lawmakers to Obama: tamp down fuel prices with oil stocksChicago Tribune
High gas prices pose risk to economy, White HouseCBS News
Oil prices rise on continued concern about IranKTAR.com

all 1,992 news articles »
Posted: February 22, 2012, 9:13 pm

BusinessWeek

Obama: Slash corporate tax breaks and rates
CNNMoney
By Jeanne Sahadi @CNNMoney February 22, 2012: 2:51 PM ET Geithner unveils Obama plan to reduce top rate to 28%; Treasury Secretary says code 'needs to be reformed and modernized.' NEW YORK (CNNMoney) -- After more than a year in the making, ...
Obama seeks corporate tax rate cut, loophole limitThe Associated Press
Want Lower Corporate Tax Rates? Pay A Value Added TaxForbes
Obama Tax Reform Outline Draws SkepticsABC News
Reuters -Washington Post -Chicago Tribune
all 1,921 news articles »
Posted: February 22, 2012, 9:00 pm

Adnkronos International English

UniCredit wins dismissal in Madoff case
Financial Times
By Brooke Masters and Rachel Sanderson UniCredit and its former chief executive have won the dismissal of the most serious claims filed against them by the trustee seeking compensation for victims of Bernard Madoff, the convicted financier.
Judge tosses another claim in Madoff caseCNN
Trustee Says Mets Saw Madoff as House MoneyNew York Times
Madoff Trustee Has Court SetbackWall Street Journal
Reuters -BusinessWeek
all 44 news articles »
Posted: February 22, 2012, 6:48 pm