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| Archive: Feb 17, 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 MSFT - Microsoft Corp., whose Internet-identification service was partly shut down for an hour this morning, is looking into reports that a “limited number” of customers were able to gain access to other users’ accounts. The breach occurred wh... Harvard Univ. +/- Harvard University's $26B endowment is looking to unload a portion of its $5B real-estate portfolio as it seeks better investment opportunities and to reduce its exposure to the troubled property market. The university's endowment i... RIMM + Commission to Reduce Federal Deficit + President Barack Obama has picked Republican former Senator Alan Simpson and former Clinton administration official Erskine Bowles to lead a commission on reducing the federal deficit. The president plans to sign an executive order creat... SPG, GGWPQ + Simon Properties Group Inc., already the nation's largest shopping-mall owner, made a $10B bid to acquire rival General Growth Properties Inc., which is seeking to emerge from bankruptcy proceedings, in a takeover effort that could alter... See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |

Investors returned from a forced wintry holiday to build on last Thursday’s rally and Friday’s attempted turn-around. If you look at the top performing sectors on the day, you’ll see a familiar theme. Basic Materials and Energy provided excellent strength, supported by Technology and, finally, Financials. From the start, commodities were the catalyst, w... full story >>