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| Archive: Feb 12, 2010 |
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Top Stories Al Lewis: Tax man makes it hard to be an American Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service, Al Lewis reports. NewsWatch: Stock futures up ahead of Facebook debut U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering. Indications: Stock futures up ahead of Facebook debut U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering. Europe Markets: Europe stocks choppy on Europe, China worries Europe stocks traded choppy with losses for miners and drinks makers, while banks rebounded from earlier losses related to a downgrade of Spanish banks by Moody’s Investors Service late the prior day, amid talk of a ban on short selling of those institutions. See All Top Stories >> |
Overnight Stocks BX +/- Private equity was dealt a heavy blow yesterday when Blackstone postponed plans to float Merlin Entertainments Group, the operator of Madame Tussauds, underlining the severe difficulties facing buyout houses that want to tap the U.K.’s p... Restaurants - Chipotle Mexican Grill Inc. qCMG, Buffalo Wild Wings Inc. BWLD and BJ's Restaurants Inc. BJRI dashed high hopes that 2010 would be the year that the mid-tier restaurant industry makes a comeback. Shares in the sector tumbled in after-hou... Euro - An attempt by Europe’s richest countries to end the crisis engulfing the euro failed to impress financial markets yesterday as the single currency fell, despite promises that the battered Greek economy would not be allowed to implode. Greece - Angela Merkel, the German chancellor, mounted stiff resistance tonight to any swift bailout of Greece, as a rift opened up between European capitals over how best to tackle the risks posed to the euro. Despite a show of Franco-German uni... GOOG + Google will now use hours of search history to target ads that users see when they search keywords on the site, the co. announced. Previously, GOOG targeted on a query-by-query basis; the site used only current search terms to match ads ... See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |

Stocks did get that follow-through day we were hoping for, a day later. There was a written pledge from EU leaders to support Greece. The Dollar didn’t react much, in fact it was higher early in the day. However, it eventually faded and that aided in the overall market rally. Greece isn’t out of the woods yet, nor are its neighbors. However, they are moving forward and that is better than it was a week ago when the market was falling precipito... full story >>