Breaking News: AP calls S.C. for McCain

Date: Sat, 19 Jan 2008 20:28:47 -0600

The Associated Press has projected Sen. John McCain as the winner of the
Republican primary in South Carolina.

Earlier Saturday, Hillary Rodham Clinton and Mitt Romney won their party
caucuses in Nevada.

Hillary Clinton wins Nevada Democratic caucuses

Date: Sat, 19 Jan 2008 20:14:01 -0500

Hillary Clinton wins Nevada caucuses

Sen. Hillary Rodham Clinton won the Nevada caucuses Saturday, powering
past Barack Obama in a race marred by last-minute charges of dirty
politics. Former Massachusetts Gov. Mitt Romney easily won the
Republican contest.

Breaking News: AP calls Nevada GOP caucus for Mitt Romney

Date: Sat, 19 Jan 2008 12:21:39 -0600

The Associated Press reports Mitt Romney won Nevada's Republican
caucuses Saturday, while John McCain and Mike Huckabee dueled in the
South Carolina primary.

Markets Briefing Newsletter for Friday, 01/18/2008

Date: Fri, 18 Jan 2008 17:38:09 -0500

| Dow : 12099.30 down 59.91

| S & P : 1325.19 down 8.06

| NASDAQ: 2340.02 down 6.88

| Bond (10Y): 3.62%, 105.09

MARKETS:
Disastrous Dow tumbles again
Wall Street caps another tough week. Dow falls to 10 month low. Nasdaq
sinks to lowest point in over a year. Upbeat earnings; fiscal stimulus
plan fail to soothe investors.

McCain No Longer A Maverick In S.C.

Breaking News
January 18, 2008
McCain No Longer A Maverick In S.C.

After months of campaigning as the insurgent - a role he relishes and
one that aided his comeback in New Hampshire - McCain now finds himself
as the closest thing to the state's establishment candidate, The
Politico reports. 

Bond-insurer woes may trigger more write-downs, turmoil

Date: Fri, 18 Jan 2008 22:01:05 (GMT)
Bond-insurer woes may trigger more write-downs, turmoil

Just when you thought it was over, trouble in the $2.3 trillion
bond-insurance business could trigger another wave of big write-downs
from banks and brokerage firms.

President Bush calls for 'rapid and direct' stimulus

President Bush urges "direct and rapid" tax relief for both U.S.
consumers and businesses, calling such a plan the country's "most
pressing economic priority."

GE: overseas demand for energy, power equipment driving 2008

NEW YORK
General Electric Co. said Friday that solid demand for its aviation, oil
and gas and transportation equipment helped lift its fourth-quarter
profit 4%, with steady overseas growth so far showing no sign of abating
in 2008 evens as the U.S. economy cools off.

Consumers spent government rebate in 2001, but times have changed

CHICAGO
If history repeats itself, Federal Reserve Chairman Ben Bernanke is
right: Give consumers a sizable tax rebate check and they will mostly
take the money and run, spending those dollars and pumping energy into
the economy.

Markets Briefing Newsletter for Friday, 01/18/2008

Date: Fri, 18 Jan 2008 17:38:09 -0500

| Dow : 12099.30 down 59.91

| S & P : 1325.19 down 8.06

| NASDAQ: 2340.02 down 6.88

| Bond (10Y): 3.62%, 105.09

MARKETS:
Disastrous Dow tumbles again
Wall Street caps another tough week. Dow falls to 10 month low. Nasdaq
sinks to lowest point in over a year. Upbeat earnings; fiscal stimulus
plan fail to soothe investors.

Bill Clinton Still Fighting For His Legacy

Breaking News
January 18, 2008

Bill Clinton Still Fighting For His Legacy

As Bill Clinton campaigns for his wife with characteristic intensity, he
is fighting not only to promote her candidacy but also to set the record
straight on the two terms he spent in the White House, reports the
Washington Post. 

Treasury chief Paulson says economy has slowed 'materially,' calls for stimulus plan of up to $150 billion for consumers.

Date: Fri, 18 Jan 2008 12:21:50 -0500

Treasury chief Paulson says economy has slowed 'materially,' calls for
stimulus plan of up to $150 billion for consumers.

Stocks rally loses steam as financials lead decline

Date: Fri, 18 Jan 2008 17:06:07 (GMT)

Stocks rally loses steam as financials lead decline

U.S. stocks on Friday erased early gains, with financials weighing on
the market as new concerns about bond insurers overtook cheer that came
with solid quarterly results from International Business Machines Corp.
and General Electric Co.

Bid for U.S. economic stimulus gains crucial support

Prospects for an economic stimulus package brightened Thursday as
President Bush, Ben Bernanke and top congressional leaders all called
for Washington to act quickly to boost the economy.

General Electric infrastructure lifts quarterly profits by 4%

NEW YORK
Solid growth in its infrastructure arm helped General Electric Co.'s
fourth-quarter profit rise 4% and should help the industrial
conglomerate grow further this year.

Mortgage lenders point to efforts to fend off foreclosures: MBA

CHICAGO
As the rate of home foreclosures hit record highs in the third quarter,
mortgage lenders say they worked on loan modification and repayment
plans for more than 235,000 borrowers that quarter alone, the Mortgage
Bankers Association reported Thursday.

We spent rebates in 2001, but times are different now

CHICAGO
If history repeats itself, Federal Reserve Chairman Ben Bernanke is
right: Give consumers a sizable tax rebate check and they will mostly
take the money and run, spending those dollars and pumping energy into
the economy.

Dow Industrials leaps 100 points, propelled by fiscal-stimulus optimism

Date: 18 JAN 2008 14:34:25 GMT
BULLETIN
Dow Industrials leaps 100 points, propelled by fiscal-stimulus optimism
1/18/2008 9:32:34 AM

Before the Bell: January 18, 2008

BEFORE THE BELL • JAN 18, 2008
FRIDAY MORNING

Shares gained traction, pivoting off the worst trading session of a
gloomy 2008, as investors pinned hopes on the shot in the arm that a
stimulus package would deliver to the U.S. economy.

Markets Thursday, 01/17/2008

Thursday, 1/17/2008

| Dow : 12159.21 down 306.95

| S & P : 1333.25 down 39.95

| NASDAQ: 2346.90 down 47.69

| Bond (10Y): 3.62%, 105.13

MARKETS:
Another down day on Wall Street
Stocks extend the 2008 selloff after Fed chair says economy needs
government help pronto. Merrill's loss, weak housing and drop in Philly
Fed add to fears.

U.S. stocks plunge as economic worries grow; Dow falls 307 points

Date: Thu, 17 Jan 2008 22:06:04 (GMT)

U.S. stocks plunge as economic worries grow; Dow falls 307 points

U.S. stocks sold off for a third straight day on Thursday, with the Dow
sinking to a 10-month low in its worst day since Nov. 7, after Federal
Reserve Chairman Ben Bernanke spoke about the country's economic trouble
and a regional measure of economic activity contracted.

The Fed: Bernanke endorses quick, temporary fiscal stimulus

WASHINGTON
Congress could help steer the economy away from recession if it adopted
a quick, efficient and temporary fiscal stimulus plan, Federal Reserve
Chairman Ben Bernanke told Congress on Thursday.
Merrill keeping stakes in BlackRock, Bloomberg
Despite facing huge write-offs and seeking capital from seemingly every
emerging-market investment group, Merrill Lynch like a refugee on the
run, still refuses to sell the family jewels.

GM sets next round of buyouts; savings mount

SAN FRANCISCO
General Motors Corp. announced on Thursday that it is on track to
achieve further cost savings beyond its 2010 targets, with the next
phase of its attrition program set for launch next month.

Dow industrials plunge 307 points to 10-month low as Bernanke comments, data weigh

BULLETIN
Dow industrials plunge 307 points to 10-month low as Bernanke comments,
data weigh
1/17/2008 4:04:06 PM

Study: ID Theft Spurs Web Privacy Concerns

Date: Thu, 17 Jan 2008 11:30:02 -0500
Breaking News
SciTech

Study: ID Theft Spurs Web Privacy Concerns

Privacy concerns stemming from online shopping rose in 2007, a new study
finds, as the loss or theft of credit card information and other
personal data soared to unprecedented levels. 
_____________
Business

Vytorin Ads Face Congressional Scrutiny

Congress is investigating advertising for the cholesterol drug Vytorin
following a study that suggested the much-prescribed pill may have no
advantage over a generic cholesterol medicine.

Date: Thu, 17 Jan 2008 11:30:02 -0500
Breaking News
SciTech

Study: ID Theft Spurs Web Privacy Concerns

Privacy concerns stemming from online shopping rose in 2007, a new study
finds, as the loss or theft of credit card information and other
personal data soared to unprecedented levels. 
_____________
Business

Vytorin Ads Face Congressional Scrutiny

Congress is investigating advertising for the cholesterol drug Vytorin
following a study that suggested the much-prescribed pill may have no
advantage over a generic cholesterol medicine.

Forums!

Date: 17 Jan 2008 17:11:44 -0000

BBCChinese.com | 網上互動

討論：毛澤東形象被改激怒中國網民

毛澤東的政治仍然被認同嗎？或是毛澤東已經成為中國民族和國家的象征？
More...go to

http://www.bloglines.com/blog/johnDispatch

Fed Chief Wants Quick Fix For Economy

Date: Thu, 17 Jan 2008 11:30:02 -0500
Breaking News

Fed Chief Wants Quick Fix For Economy

Faced with a deteriorating economy, Federal Reserve Chairman Ben
Bernanke has indicated he is open to congressional and White House
efforts to develop a rescue package to avert a recession. 

__________
U.S.

3 Dead In Navy Helicopter Crash In Texas

Three crew members were killed and another was injured when their Navy
helicopter crashed in a muddy field in Texas, a Navy spokesman said. The
crew was on a training exercise out of the Naval Air Station in Corpus
Christi.
_______________
World

Fighting Escalates In Gaza

Militants in Hamas-ruled Gaza bombarded southern Israel with rockets on
Thursday and Israel pounded back with air and ground fire, killing a
militant leader and his wife, as the deepening violence pushed peace
efforts to the sidelines. 
______________
Politics

GOP Hopefuls Seek Unifying Message!

As the GOP race turns national, and none of the GOP candidates is
showing signs of success in finding broader themes to unite the party
ahead of the fall campaign against Democrats, reports the Washington
Post.
_________________
Health

FDA: Cold Medicine Too Risky For Tots

Parents should not give sniffling babies and toddlers over-the-counter
cough and cold medicines - they're too risky for tots so small, the U.S.
government will declare Thursday. 
__________
SciTech

Study: ID Theft Spurs Web Privacy Concerns

Privacy concerns stemming from online shopping rose in 2007, a new study
finds, as the loss or theft of credit card information and other
personal data soared to unprecedented levels. 
_____________
Business

Vytorin Ads Face Congressional Scrutiny

Congress is investigating advertising for the cholesterol drug Vytorin
following a study that suggested the much-prescribed pill may have no
advantage over a generic cholesterol medicine.

Bernanke, in House testimony, supports stimulus package, says Congress should act "quickly."

Date: Thu, 17 Jan 2008 10:00:51 -0500

Bernanke, in House testimony, supports stimulus package, says Congress
should act "quickly."

Breaking News: Housing starts tumble 24.8% in 2007

Date: Thu, 17 Jan 2008 07:57:28 -0600

WASHINGTON (AP) - The prolonged slump in housing pushed construction of
new
homes in 2007 down by the largest amount in 27 years with the
expectation that
the downturn has further to go.

Breaking News: Housing starts tumble 24.8% in 2007

Date: Thu, 17 Jan 2008 07:57:28 -0600

WASHINGTON (AP) - The prolonged slump in housing pushed construction of
new
homes in 2007 down by the largest amount in 27 years with the
expectation that
the downturn has further to go.

Breaking News Thu., January 17, 2008

Date: Thu, 17 Jan 2008 07:50:35 -0800 (PST)

FEDERAL RESERVE CHAIRMAN BEN BERNANKE INSISTS U.S. IS NOT HEADED FOR A
RECESSION, BUT FORECASTS SLOWER GROWTH IN 2008

Breaking News Thu., January 17, 2008

Date: Thu, 17 Jan 2008 07:50:35 -0800 (PST)

FEDERAL RESERVE CHAIRMAN BEN BERNANKE INSISTS U.S. IS NOT HEADED FOR A
RECESSION, BUT FORECASTS SLOWER GROWTH IN 2008

Merrill Lynch reports net loss from continuing operations of $8.6 billion as it takes $11.5 billion write-down.

Date: Thu, 17 Jan 2008 07:03:51 -0500

Merrill Lynch reports net loss from continuing operations of $8.6
billion as it takes $11.5 billion write-down.

Housing starts plunge 14.2% in December, lowest in 16 years, Dow Jones reports.

Date: Thu, 17 Jan 2008 08:32:07 -0500

Housing starts plunge 14.2% in December, lowest in 16 years, Dow Jones
reports.

Cautious Shoppers Slowed Economy, Fed Says

Breaking News
January 16, 2008
Business

Cautious Shoppers Slowed Economy, Fed Says

The economy lost momentum heading into the new year as shoppers
tightened their belts and manufacturers were stung by weak demand for
cars and housing-related goods, according to the Fed's new snapshot of
business conditions. 

U.S. stocks end down after roller coaster session

Date: Wed, 16 Jan 2008 22:01:04 (GMT)

U.S. stocks end down after roller coaster session

U.S. stocks on Wednesday edged off earlier declines, with badly beaten
financial and consumer stocks helping pave the way higher amid easing
commodity prices and less-disappointing-than-anticipated results from
two large banks.

Economic Report: Beige Book sees slow growth in most regions

The U.S. economy grew at a modest pace in most regions of the nation in
late November and December, the Federal Reserve reported Wednesday.

Oracle's BEA buy raises questions about future growth

SAN FRANCISCO
Oracle Corp.'s planned acquisition of rival BEA Systems Inc. in a deal
valued at $8.5 billion highlights pressing questions about what
significant possible acquisitions remain for the voracious maker of
business software.

Ex-Brocade CEO sentenced to jail, fined millions

Gregory Reyes, the former chief executive of Brocade was sentenced to 21
months in prison for his role in an stock-options backdating scheme at
the technology firm.

Fed Beige Book sees slow growth in most regions of U.S.

Date: 16 JAN 2008 19:02:14 GMT

BULLETIN
Fed Beige Book sees slow growth in most regions of U.S.
1/16/2008 2:00:34 PM

U.S. stocks strike negative tone as Intel disappoints

Date: Wed, 16 Jan 2008 17:06:04 (GMT)

U.S. stocks strike negative tone as Intel disappoints

U.S. stocks struck a negative tone Wednesday as Intel Corp.'s
disappointing quarterly profit and forecast prompted more hand-wringing
about the technology sector as well as the direction of the global
economy.

Wells Fargo's net slips, sees tough 2008 for consumer sector

Wells Fargo & Co. on Wednesday reported fourth-quarter net income fell
38% as the bank braces for a consumer slowdown in 2008. Still, the
company's chief executive said the pain in credit markets may present
opportunities for acquisitions and other purchases.

J.P. Morgan profit falls 34% on subprime, investment banking

J.P. Morgan Chase said Wednesday its fourth-quarter profit slipped 34%,
driven lower by a $1.3 billion write-down of subprime assets and
deteriorating performance in its home equity business and a big drop in
investment banking activity.

Economic Report: Consumer prices rise 0.3% in December; core CPI's up
0.2%

Led once again by higher energy prices, U.S. consumer prices increased
0.3% in December, slightly more than expected, the Labor Department
reported Wednesday.

Oracle buys BEA Systems after raising price; Icahn supports deal

Oracle Corp. said Wednesday it would acquire BEA Systems Inc., a company
it has pursued for three months, in a deal valued at $8.5 billion.

Vytorin Study Results Cause Stocks To Sink

Breaking News
January 16, 2008

U.S.

Chertoff Fears Homegrown Terrorism Abroad

U.S. Homeland Security secretary Michael Chertoff told the BBC that
Washington fears Europe may be a staging ground for terrorist attacks
based on how easy it is for Europeans travel to the United Sates. 
______________
World

Violence-Weary Kenyans Await Aid

Kenya was getting ready, again, for mass protests across the country.
Many of the streets were filled with muddy water as heavy rain fell on
weary refugees.
______________
Politics

Romney's Michigan Win Clouds GOP Race

Mitt Romney's win in the Michigan Republican primary on Tuesday not only
revived the former Massachusetts governor's presidential hopes, but also
further complicated a GOP race already lacking a clear front-runner. 
____________
SciTech

Apple Unveils Super Slim Laptop

Steve Jobs unveiled a super-slim laptop less than an inch thick, and
confirmed Apple's foray into online movie rentals, revealing an alliance
with all six major movie studios to offer first-run films over
high-speed Internet connections. 
___________
Business

Vytorin Study Results Cause Stocks To Sink

Investors continued dumping shares of Merck & Co and Schering-Plough,
after their cholesterol-drug partnership took a hit from results of a
controversial study and the fallout from its delayed release.
______________________
Opinion

Cheap Talk On The Economy

The economy has become a top issue in the presidential race, but
National Review Online isn't impressed with how the candidates -
including wrongheaded Democrats and timid Republicans - are talking
about it. 

U.S. core CPI up 0.2%, as expected, for December, keeping Fed in play to cut rates

Date: 16 JAN 2008 13:33:02 GMT

BULLETIN:
U.S. core CPI up 0.2%, as expected, for December, keeping Fed in play to
cut rates
1/16/2008 8:31:28 AM

Oil dips below $90 a barrel after surprise surge in crude inventories.

Date: Wed, 16 Jan 2008 10:32:07 -0500

Oil dips below $90 a barrel after surprise surge in crude inventories

Bush: There's "Hope" Of Oil Price Relief

Breaking NewsJanuary 16, 2008

Bush: There's "Hope" Of Oil Price Relief

President Bush's spokeswoman says he is hopeful that last minute
conversations with Saudi King Abdullah may have convinced the OPEC giant
to increase oil output to ease price pressure. Mr. Bush is now in Egypt,
an important, but difficult ally. 
_______________
U.S.

White House Threatens Safe Mines Bill Veto

The White House has threatened to veto a mine safety bill proposed by
Democrats that it claims will interfere with legislation passed in 2006.
The administration has backing from the mine industry; Democrats have
support from the mine workers' union. 
________________
World

Militants Overrun Pakistan Army Base

Militants armed with rocket launchers have overrun a remote Pakistani
army base along the border with Afghanistan, leaving the fate of as many
as 25 soldiers unknown. The army claims 40 militants were killed in the
siege.
______________________
Politics

Mitt Romney Wins Michigan GOP Primary

Mitt Romney won a much needed victory in the Michigan GOP primary,
giving a significant boost to what had been a flagging presidential
campaign.
____________________
Health

Study Shows Strides In Diabetes Care

U.S. diabetes patients are increasingly meeting a key blood sugar
control benchmark (their hemoglobin A1c level), researchers report. 
______________________
Cheap Talk On The Economy

The economy has become a top issue in the presidential race, but
National Review Online isn't impressed with how the candidates -
including wrongheaded Democrats and timid Republicans - are talking
about it. 

Romney, Clinton win Mich. primary

Date: Tue, 15 Jan 2008 20:13:39 -0600

DETROIT (AP) - Mitt Romney scored his first major primary victory
Tuesday in his native Michigan, a win he desperately needed to give his
weakened candidacy new life and set the stage for a three-man Republican
showdown in South Carolina in just four days. Sen. Hillary Rodham
Clinton won the meaningless Democratic primary, in which she was the
only major candidate entered.

MarketsTuesday, 01/15/2008

Tuesday, 1/15/2008

| Dow : 12501.11 down 277.04

| S & P : 1380.95 down 35.30

| NASDAQ: 2417.59 down 60.71

| Bond (10Y): 3.67%, 104.69

MARKETS:
Recession fears batter stocks
Dow, Nasdaq and S&P 500 all fall to more than 9-month lows after
Citigroup's almost $10 billion quarterly loss and a weak Dec. retail
sales report.

U.S. stocks end at lowest levels so far for 2008

Date: Tue, 15 Jan 2008 22:01:04 (GMT)

U.S. stocks end at lowest levels so far for 2008

U.S. stocks on Tuesday afternoon plunged to session lows after dismal
December retail sales heightened anxieties about the economy and raised
questions about the Federal Reserve's ability to stem the damage.

Apple debuts ultrathin laptop, movie-rental service at Macworld

Apple Inc. lifted the wraps Tuesday on a new ultrathin laptop computer
and a movie-rental service that will work through the company's iTunes
online store.

Rough sketch of a post-merger Delta Air Lines arises

As Delta reportedly begins merger talks with a pair of rivals, industry
analysts say a rough image is starting to emerge of what such a tie-up
could look like.

Merrill Lynch, Citigroup scour the globe for cash
Wall Street's worldwide tour, which could be called Bailout '08,
continued as two of the nation's largest financial-services firms
announced investments from everyone from the Kuwaitis to a New Jersey
investment fund.

Economic Report: Retail sales fall 0.4% in December
In another sign of a weakening economy, retail sales ended the year on a
sour note, dropping 0.4% in December, the Commerce Department reported
Tuesday.

Dow sees biggest decline in an already disastrous '08 as recession fears continue to pummel stocks.

Date: Tue, 15 Jan 2008 16:01:55 -0500

Dow sees biggest decline in an already disastrous '08 as recession fears
continue to pummel stocks.

Apple launches online-movie rental service in pact with studios

Date: 15 JAN 2008 18:01:39 GMT

BULLETIN
Apple launches online-movie rental service in pact with studios
1/15/2008 12:59:44 PM

U.S. stocks tumble; Dow drops more than 200 points

Date: Tue, 15 Jan 2008 17:06:04 (GMT)

U.S. stocks tumble; Dow drops more than 200 points

U.S. stocks fall more than 200 points in morning trade, under pressure
from slumping retail sales in December and large losses from Dow
industrials component Citigroup.

Economic Report: Retail sales fall 0.4% in December

WASHINGTON
With sales of cars and gas slowing, retail sales fell 0.4% in December,
the first decline in six months, the Commerce Department reported
Tuesday.

Citigroup swings to loss on $18 bln charge; cuts payout 41%

Citigroup Inc., the nation's largest bank by assets, ended the
suspense on Wall Street over how bad its results would be, reporting its
first quarterly loss since 1998 and slashing its dividend while at the
same time raising more than $12 billion in new capital to bolster its
balance sheet.

Merrill Lynch lines up fresh $6.6 billion cash injection

LONDON
Merrill Lynch & Co. on Tuesday said it has received a $6.6 billion cash
injection from several investors, notably three from the Middle East and
Asia.

Tesco, Hypo Real Estate help drive Europe to a 16-month low

LONDON
European shares slid to 16- month lows on Tuesday, with Tesco and Hypo
Real Estate notable decliners in a day when two more U.S financial firms
revealed further moves to shore up capital positions.

U.S. Embassy Car Targeted In Beirut Blast

Breaking News
January 15, 2008
U.S. Embassy Car Targeted In Beirut Blast

An explosion rang out across Beirut today, and a senior Lebanese
security official said the explosion occurred just north of the city.
Television footage showed several damaged cars, including an SUV similar
to those used by U.S. diplomats.

Dow Industrials fall over 200 points after weak Citi results, economic data

Date: 15 JAN 2008 15:59:01 GMT

BULLETIN:
Dow Industrials fall over 200 points after weak Citi results, economic
data
1/15/2008 10:57:06 AM

News Alert! Official: U.S. Embassy Vehicle Likely Target In Beirut Blast

Date: Tue, 15 Jan 2008 10:04:04 -0500

A senior Lebanese security official says a bombing in Beirut is believed
to have targeted a U.S. Embassy vehicle, and that there are casualties.

Merrill Lynch to get $6.6 billion capital injection from several investors

Date: 15 JAN 2008 11:10:24 GMT

BULLETIN:
Merrill Lynch to get $6.6 billion capital injection from several
investors
1/15/2008 6:08:18 AM

Citigroup slashes dividend 41 percent, takes $18.1 billion writedown and announces $12.5 billion capital infusion.

Date: Tue, 15 Jan 2008 06:37:52 -0500

Citigroup slashes dividend 41 percent, takes $18.1 billion writedown and
announces $12.5 billion capital infusion.

Retail sales surprisingly weak in December, down 0.4%; wholesale prices down 0.1%, weaker than forecast.

Date: Tue, 15 Jan 2008 08:32:52 -0500

Retail sales surprisingly weak in December, down 0.4%; wholesale prices
down 0.1%, weaker than forecast.

U.S. stocks open sharply lower; Dow industrials off 120 points in first minute

Date: 15 JAN 2008 14:33:38 GMT

BULLETIN:
U.S. stocks open sharply lower; Dow industrials off 120 points in first
minute
1/15/2008 9:31:28 AM

Markets Monday, 01/14/2008

|Monday, 1/14/2008

| Dow : 12778.15 up 171.85

| S & P : 1416.25 up 15.23

| NASDAQ: 2478.30 up 38.36

| Bond (10Y): 3.77%, 103.84

MARKETS:
Big Blue makes Wall Street's day
Major indexes close higher after IBM says results will top estimates.
Anticipation of Fed action also adds to the upside.

U.S. stocks end higher, investors cheered by IBM results

Date: Mon, 14 Jan 2008 22:01:04 (GMT)

U.S. stocks end higher, investors cheered by IBM results

U.S. stocks rebounded on Monday, with the Dow industrials' triple-digit
rise triggered by strong results from International Business Machines
Corp., giving an oversold market reason to turn higher.

Cotton nears four-year high as crop plays catch-up to soy, corn

SAN FRANCISCO
Cotton futures rallied 4% Monday before stopping at the maximum
electronic trading gain allowed, as traders bet the textile crop is
poised to follow the heady increases of soybean and corn futures.

IBM shares jump on profit update; questions about tech remain

SAN FRANCISCO
International Business Machines Corp. delivered a surprise Monday,
saying fourth-quarter earnings for the information-technology giant will
easily exceed Wall Street's estimates and touching off a buying spree in
Big Blue shares and across the tech sector.
Citigroup write-offs could reach $24 billion: report

LONDON
Citigroup may write off up to $24 billion over subprime- and
credit-related losses, putting as many as 20,000 jobs at risk, according
to a published report on Monday.

The Ratings Game: Credit Suisse, first time this decade, recommends U.S.
stocks

Credit Suisse strategists, for the first time this decade, recommended
that fund managers buy more U.S. stocks than a world index would
suggest, saying that authorities state-side are likely to be quicker on
the draw than their European counterparts in responding to slowing
economy.

Racial Tensions Heat Up In Dem Campaign

Breaking News
January 14, 2008

Racial Tensions Heat Up In Dem Campaign

Hillary Rodham Clinton and Barack Obama have become embroiled in
racially tinged disputes as large numbers of black voters prepare to get
their first say in the Democratic presidential campaign. 
--------------------
World

Israel Rules Out "No Options" Against Iran

Israel's prime minister has told a powerful panel of his nation's
lawmakers that his government will reject "no options" in the effort to
prevent Iran from obtaining a nuclear weapon - a clear reference to
military action. 

U.S. stocks rebound, buoyed by IBM's upbeat earnings

Date: Mon, 14 Jan 2008 17:01:04 (GMT)

U.S. stocks rebound, buoyed by IBM's upbeat earnings

U.S. stocks rebounded on Monday, with the Dow industrials' triple-digit
rise triggered by strong results from International Business Machines
Corp., giving an oversold market reason to turn higher.

IBM expects fourth-quarter profit to easily top forecasts

WASHINGTON
Fourth-quarter profit at IBM Corp. easily exceeded Wall Street's
estimates owing to what the information-technology giant called stronger
sales in Asia and Europe as well as rising demand in emerging markets.

Citigroup write-offs could reach $24 billion: report

LONDON

Citigroup may write off up to $24 billion over subprime- and
credit-related losses, putting as many as 20,000 jobs at risk, according
to a published report on Monday.

CORRECT: Sears falls to multi-year low on profit warning

NEW YORK
Sears Holdings Corp. shares fell 8% in early action Monday after the
retailer warned that fourth-quarter earnings per share may fall as much
as 51% from last year's levels.

The Ratings Game: Credit Suisse, first time this decade, recommends U.S.
stocks

Credit Suisse strategists, for the first time this decade, recommended
that fund managers buy more U.S. stocks than a world index would
suggest, saying that authorities state-side are likely to be quicker on
the draw than their European counterparts in responding to slowing
economy.

Dow industrials roar more than 100 points higher at open; Nasdaq up more than 1%

Date: 14 JAN 2008 14:33:34 GMT

BULLETIN:
Dow industrials roar more than 100 points higher at open; Nasdaq up more
than 1%
1/14/2008 9:31:26 AM

Edwards Joins Clinton, Obama Race Dispute

Date: Mon, 14 Jan 2008 08:30:03 -0500

CBS Poll: McCain Surges To National Lead

John McCain has come from behind to now lead the national Republican
race, according to a new CBS News/New York Times poll. Among Democrats,
Hillary Clinton has maintained her double-digit national lead.
_____________________
U.S.

Possible Sighting Of Marine Murder Suspect

The key suspect in the brutal slaying of a 20-year-old pregnant Marine
may have been seen on a Greyhound bus in Louisiana, the sheriff says.
Witnesses say he was on a bus headed for Texas, and police are trying to
confirm the sighting. 
---------------------------
World

Israel Rules Out "No Options" Against Iran

Israel's prime minister has told a powerful panel of his nation's
lawmakers that his government will reject "no options" in the effort to
prevent Iran from obtaining a nuclear weapon - a clear reference to
military action. 
--------------------------
Politics

Edwards Joins Clinton, Obama Race Dispute

Democratic presidential candidate John Edwards has waded into the
minefield racial dispute playing out between his two rivals - and
front-runners - Hillary Clinton and Barack Obama. Edwards called remarks
made by Clinton, "troubling". 
____________________
SciTech

Scientists Build A Beating Heart

Researchers seeking new treatments for heart disease managed to grow a
rat heart in the lab and start it beating. The development could lead to
creating or modifying hearts with host cells from a person needing a
heart transplant to avoid rejection.

Before the Bell: January 14, 2008

Date: Mon, 14 Jan 2008 13:41:04 (GMT)

IBM's upbeat preliminary results dominated, and opening gains took shape
for shares. Big Blue's news offset some negatives, including a warning
from Sears Holdings and report of a large-scale write-off pending from
Citigroup.

Sears Holdings warns fourth-quarter EPS to fall as much as 51%

Date: 14 JAN 2008 11:11:14 GMT
BULLETIN:
Sears Holdings warns fourth-quarter EPS to fall as much as 51%
1/14/2008 6:09:09 AM

Stock futures improve as IBM says quarterly profit to easily surpass expectations

Date: 14 JAN 2008 12:39:07 GMT

BULLETIN:
Stock futures improve as IBM says quarterly profit to easily surpass
expectations
1/14/2008 7:37:17 AM

Frustrated GOP Supporter Hedges His Bets

Breaking News
January 13, 2008

How The Arab Press Sees Bush Trip

This morning's headline from President Bush's trip to the Middle East:
Mr. Bush charged that Iran is threatening world security. That's OUR
headline from the president's address. But how was it covered by the
media over there?
_______________________
U.S.

Marine Murder Suspect Spotted In La.

The key suspect in the brutal slaying of a 20-year-old pregnant Marine
was sighted in Louisiana getting off a Greyhound bus, the sheriff said
Sunday. He expressed hope that Marine Cpl. Cesar Armando Laurean would
soon be in custody.
_____________________
World

Poland: Show Us The Money For Missile Base

Washington needs to provide more security for Poland if it wants Warsaw
to host a U.S. missile defense base, the Polish defense minister said in
remarks published Saturday. 
____________________
Politics

Frustrated GOP Supporter Hedges His Bets

Michigan businessman James Esshaki, an Iraqi American, has raised money
for GOP candidates before and is doing so again. But he's not happy with
the Republican Party, and so he's hedging his bets by also contributing
to Hillary Clinton.
____________________
Health

U.K. May Make Organ Donations "Opt-Out"

Britain's prime minister called for overhauling the country's organ
donation system to make it easier for doctors to remove body parts from
deceased patients without prior consent. Patients' rights groups are
skeptical.
________________
SciTech

Scientists Build A Beating Heart

Researchers seeking new treatments for heart disease managed to grow a
rat heart in the lab and start it beating. The development could lead to
creating or modifying hearts with host cells from a person needing a
heart transplant to avoid rejection. 

Chevrolet Malibu named car of the year at the 2008 North American International Auto Show in Detroit; Mazda CX-9 is truck of the year

Date: Sun, 13 Jan 2008 09:38:49 -0500

Chevrolet Malibu named car of the year at the 2008 North American
International Auto Show in Detroit; Mazda CX-9 is truck of the year

Giuliani's Florida Gamble

Breaking News
January 12, 2008

World

Navy Fired Shots At Iranian Craft In Dec.

The U.S. Navy said Friday that one of its ships had fired warning shots
at a small Iranian boat in the Strait of Hormuz in December during one
of two serious encounters with such craft that month. 
---------------------------------------
Politics

Giuliani's Florida Gamble

Rudy Giuliani has been in self-imposed political exile, all but sitting
out early primaries to put his chips on the Sunshine State. Now the
former New York City mayor is under increasing pressure to make sure he
does not lose in Florida. 
________________________
Opinion

Growth For Some, Recession For Most

Economic numbers say growth and productivity are on the rise. But the
polls show most Americans think we're already in a recession. How? The
Nation says many people have been left behind by the economy's so-called
successes.