Saturday, February 21, 2009

Energy: Stocks in focus for Monday

Date: 21 FEB 2009 05:05:29 GMT

Among the companies whose shares are expected to see active trade in
Monday's session are Campbell Soup, Nordstrom and Hertz.

Friday, February 20, 2009

Oregon's Silver Falls Bank seized by FDIC; 14th failure this year

Date: Fri, 20 Feb 2009 21:32:46 -0500
Subject: Oregon's Silver Falls Bank seized by FDIC; 14th failure this year

Oregon's Silver Falls Bank seized by FDIC; 14th failure this year
2/20/2009 9:30:33 PM EDT

Markets Friday, 02/20/2009

Date: Fri, 20 Feb 2009 17:31:05 -0500

| Dow : 7365.67 down 100.28 | S & P : 770.05 down 8.89 |
| NASDAQ: 1441.23 down 1.59 | Bond (10Y): 2.79%, 99.63

MARKETS:
Dow closes at 6-year low
Worries about the bank sector batter the Dow and S&P 500, while the
Nasdaq manages to stabilize.

Gold tops $1,000 an ounce as stocks hit new lows

Date: Fri, 20 Feb 2009 12:01:22 -0500
Gold tops $1,000 an ounce as stocks hit new lows

Gold futures top the key $1,000 mark for the first time in nearly a
year, as investors spooked by the sell-off in U.S. stock futures and
international stock markets sought safety in the precious metal.

UBS DROPS AS U.S. PROBE IS SEEN CHALLENGING PRIVATE BANKING MODEL

Shares in Switzerland's UBS sank around 14% Friday as shareholders
reacted to the news that U.S. authorities are seeking information on
as many as 52,000 accounts held by American customers.

ECONOMIC REPORT: CONSUMER PRICES RAN FLAT OVER THE PAST YEAR, U.S. DATA SHOW

With energy prices tumbling 20%, U.S. consumer prices are unchanged
over the past 12 months, the lowest inflation rate since 1955, Labor
Department data show. As they downplay prospects for deflation,
economists keep a wary out for signs of an upsurge in retail-level
inflation.

LEWIS SUBPOENAED OVER MERRILL DEAL: WSJ

Ken Lewis, chairman and chief executive of Bank of America Corp. has been
subpoenaed by New York State Attorney General Andrew Cuomo, according to a
report.

HOW THE OBAMA MORTGAGE PLAN WILL AFFECT BORROWERS

Some homeowners who are underwater on their mortgages and those stuck
in high-cost subprime loans could soon be eligible for a lower
mortgage rate, according to an Obama administration plan announced on
Wednesday.

Breaking News

Date: Fri, 20 Feb 2009 06:48:08 -0500

Israeli President Shimon Peres chooses Likud Party leader Benjamin
Netanyahu to form next government, officials said.

Consumer prices rose 0.3% in January, the first increase since July, U.S. says. Annual rate remains at half-century low.

Date: Fri, 20 Feb 2009 08:35:08 -0500

Consumer prices rose 0.3% in January, the first increase since July,
U.S. says. Annual rate remains at half-century low.

Thursday, February 19, 2009

Markets Thursday, 02/19/2009

Date: Thu, 19 Feb 2009 17:31:03 -0500

| Dow : 7465.95 down 89.68 | S & P : 778.94 down 9.48 |
| NASDAQ: 1442.82 down 25.15 | Bond (10Y): 2.85%, 99.09

MARKETS:
Dow stumbles to 6-year low
Bank stocks lead the retreat, pushing the blue-chip indicator to
levels not seen since October 2002.

Ex-prosecutor Robert Khuzami named SEC enforcement director

Date: Thu, 19 Feb 2009 13:54:06 -0500

Ex-prosecutor Robert Khuzami named SEC enforcement director
2/19/2009 1:52:00 PM EDT

Number of people filing for first-time unemployment benefits last week was 627,000, same number as previous week.

Date: Thu, 19 Feb 2009 08:34:03 -0500

Number of people filing for first-time unemployment benefits last week
was 627,000, same number as previous week.

U.S. stock investors eye another test of bear-market lows

Date: Thu, 19 Feb 2009 12:01:34 -0500

U.S. stock investors eye another test of bear-market lows

The U.S. stock market's climb on Thursday had investors steering clear
of three-month lows hit earlier in the week, with the bear-market
bottom called by some in November holding for now. But not all believe
the three-month lows will stand.

ECONOMIC REPORT: U.S. WEEKLY INITIAL JOBLESS CLAIMS UNCHANGED AT 627,000

First-time claims for state jobless benefits were unchanged in the
latest week,but remain at a high not seen since the early 1980s, the
Labor Department
reports.

H-P SHARES SLUMP AS EARNINGS, OUTLOOK DISAPPOINT

Shares of Hewlett-Packard to open lower as investors react to
financial results showing the blue-chip tech giant posting a 13%
decline in first-quarter profit and offering up a lackluster outlook
for the second quarter of fiscal 2009.

SPRINT POSTS ANOTHER LOSS BUT SAYS RECOVERY STARTS TO TAKE HOLD

Sprint Nextel posts another quarterly loss after shedding 1.3 million
wireless customers, reflecting the company's difficulty in turning its
business around, especially in a deep U.S. recession.

ECONOMIC REPORT: U.S. PRODUCER PRICES RISE 0.8% IN JANUARY

U.S. producer prices in January rise for the first time since July,
the Labor Department reports, as energy prices stage a comeback and
propel the overall producer price index higher.

HOW THE OBAMA MORTGAGE PLAN WILL AFFECT BORROWERS

Some homeowners who are underwater on their mortgages and those stuck
in high-cost subprime loans could soon be eligible for a lower
mortgage rate, according to an Obama administration plan announced on
Wednesday.

BOJ moves to increase liquidity; holds key interest rate near zero

Date: Thu, 19 Feb 2009 00:10:06 -0500

BOJ moves to increase liquidity; holds key interest rate near zero
2/19/2009 12:07:58 AM EDT

Wednesday, February 18, 2009

Stocks in focus for Thursday

Date: 18 FEB 2009 23:22:41 GMT

Among the companies whose shares are expected to see active trade in
Thursday's session are Sprint Nextel, Hormel, CVS Caremark, and
Brocade.

Markets Wednesday, 02/18/2009

Date: Wed, 18 Feb 2009 17:31:03 -0500

| Dow : 7555.63 up 3.03 | S & P : 788.42 down 0.75
|
| NASDAQ: 1467.97 down 2.69 | Bond (10Y): 2.75%, 99.94

MARKETS:
Stocks churn on economic woes
Major indexes struggle for direction on ongoing economic worries.
Obama's housing plan and Fed forecast are in focus.

Wall Street little changed at the close after choppy trading as investors struggle to parse out Obama's stimulus plan.

Date: Wed, 18 Feb 2009 16:02:03 -0500

Wall Street little changed at the close after choppy trading as
investors struggle to parse out Obama's stimulus plan.

H-P shares fall in late trading on lower earnings and reduced forecast

Date: Wed, 18 Feb 2009 16:25:42 -0500

H-P shares fall in late trading on lower earnings and reduced forecast
2/18/2009 4:23:25 PM EDT

President Obama formally announces wide-ranging plan to attack the mortgage meltdown – 'a crisis unlike any we've ever known.'

Date: Wed, 18 Feb 2009 12:30:17 -0500

President Obama formally announces wide-ranging plan to attack the
mortgage meltdown – 'a crisis unlike any we've ever known.'

Obama sets aside $75 billion to slow foreclosures

Date: Wed, 18 Feb 2009 12:01:46 -0500

Obama sets aside $75 billion to slow foreclosures

The Obama administration unveils a plan to help 9 million at-risk
homeowners modify their mortgages, committing $75 billion of taxpayer
money to back the initiative.

ECONOMIC REPORT: HOUSING STARTS PLUNGE 17% TO RECORD LOW IN JANUARY

The collapse in the housing industry accelerated in January, as
construction on new U.S. housing units plunged 16.8% to a seasonally
adjusted annual rate of 466,000, the Commerce Department reported
Wednesday, far below the weakest
levels of construction in the post-World War II era.

MBIA'S SHARES RALLY AS BOND INSURER TO SPLIT OFF MUNI BUSINESS

Shares of MBIA rally as the bond insurer says it's splitting off its
municipal-bond business.

GM, CHRYSLER REQUEST UP TO $39 BILLION IN LOANS

General Motors Corp. and Chrysler LLC, both drowning in debt as car
sales continue to spiral downward, submitted requests to the U.S.
Treasury late Tuesday that, if granted, could provide up to $39
billion in emergency loans to keep the automakers from falling into
bankruptcy.

DEERE'S FIRST-QUARTER PROFIT FALLS 45%; FULL-YEAR OUTLOOK CUT

Deere's first-quarter earnings fall 45% on the back of climbing
raw-material costs and foreign-exchange volatility, financial results
reported by the farm-equipment manufacturer show. Management also
scales back its forecasts for
full-year profit and sales.

Tuesday, February 17, 2009

GM says it could need up to $30 billion in federal money by 2011

Date: Tue, 17 Feb 2009 18:34:56 -0500

GM says it could need up to $30 billion in federal money by 2011
2/17/2009 6:32:45 PM EDT

Energy: Stocks in focus for Wednesday

Date: 17 FEB 2009 23:50:22 GMT
Among the companies whose shares are expected to see active trade in
Wednesday's session are Hewlett-Packard, CBS, Comcast, and Whole Foods
Market.

Tech: With rare exception, tech finishes session in red

Date: Tue, 17 Feb 2009 18:00:11 -0500

-----------------------------------------------------------------
Tech Stocks: With rare exception, tech finishes session in red
2/17/2009 4:27 PM ET
A Google downgrade and a last-minute $530 million loan for Sirius XM
Satellite Radio highlight the action in tech, with nearly every sector
leader slumping along with the broader market.

-----------------------------------------------------------------
The Ratings Game: Google downgraded following post-earnings surge
2/17/2009 5:24 PM ET
A Wall Street analyst says shares of Google Inc. have gotten too far
ahead of themselves since the company's better-than-expected earnings
report last month.

-----------------------------------------------------------------
Sirius gets lifeline from Liberty Media; shares double
2/17/2009 4:45 PM ET
Shares of Sirius XM Satellite Radio as much as doubled Tuesday morning
on news that John Malone's Liberty Media has agreed to invest a total
of $530 million in the the beleaguered radio company, allowing it to
avoid a Chapter 11 bankruptcy filing.

-----------------------------------------------------------------
Research In Motion execs settle SEC charges over backdating
2/17/2009 3:20 PM ET
The Securities and Exchange Commission said Tuesday that it has
charged -- and reached settlements with -- four top officers of
Research In Motion for allegedly backdating stock options for an
eight-year period ended in 2006.

-----------------------------------------------------------------
AMD shareholders meet to vote on spin-off plan
2/17/2009 12:48 PM ET
After failing to get enough votes for a blockbuster spin-off, Advanced
Micro Devices Inc. will try again to get shareholder approval for a
plan that most analysts see as critical for the chip giant's financial
survival.

-----------------------------------------------------------------
Rivals Nokia, Qualcomm to team up
2/17/2009 12:39 PM ET
WASHINGTON (MarketWatch) -- Finland's Nokia Corp. and San Diego-based
Qualcomm Inc. unveiled plans on Tuesday to develop next-generation
mobile phones for North America in a potentially pivotal deal between
the longtime rivals.

-----------------------------------------------------------------
Telecom Stocks: Telecoms tumble across the board
2/17/2009 12:35 PM ET
Telecommunications stocks beat a sharp retreat as the broader U.S. and
global markets slump. Big-name stocks head the decline.

-----------------------------------------------------------------
Alcatel-Lucent exec says services business to grow in 2009
2/17/2009 12:04 PM ET
Alcatel-Lucent's services business will grow this year, in contrast to a
contracting global infrastructure market, the head of the unit told
MarketWatch in an interview Tuesday.

-----------------------------------------------------------------
Huawei expects its handset shipments to increase 30% in 2009
2/17/2009 10:39 AM ET
Chinese telecoms equipment giant Huawei Technologies is targeting a
30% increase in handset shipments in 2009 as it expands at the high
end with its just-launched Android-powered phone and strikes
partnerships with new operators.
-----------------------------------------------------------------
HTC launches new Android phone with Vodafone
http://www.marketwatch.com/News/Story/Story.aspx?guid=2df50602/17/2009
8:42 AM ET
Taiwanese handset maker HTC on Tuesday unveiled the successor to its
first "Google" phone, a slimmer, touch-screen device that will be
available exclusively from Vodafone in key European markets this
spring.

-----------------------------------------------------------------
Telstra CEO sees crisis as chance to push new services
2/17/2009 4:58 AM ET
The chief executive of Australia's Telstra Corp. said Tuesday that the
economic crisis will create opportunities for it to sell services to
corporations and governments to cut costs, even as the deteriorating
economy affects its business.

Markets Tuesday, 02/17/2009

Date: Tue, 17 Feb 2009 17:31:03 -0500

| Dow : 7552.60 down 297.81 | S & P : 789.17 down 37.67 |
|
| NASDAQ: 1470.66 down 63.70 | Bond (10Y): 2.65%, 100.88

MARKETS:
Stocks slump despite stimulus
Dow ends at 3-month lows, with Wall Street sliding even as President
Obama signed into law the $787 billion economic stimulus plan.

Dow falls nearly 300; S&P 500 closes below 800 for first time since Nov. 20

Date: Tue, 17 Feb 2009 16:11:00 -0500

Dow falls nearly 300; S&P 500 closes below 800 for first time since Nov. 20
2/17/2009 4:08:11 PM EDT

Stocks tumble, led by beaten bank shares, on day President Obama enacts economic rescue. Dow, Nasdaq and S&P end about 4% lower.

Date: Tue, 17 Feb 2009 16:06:05 -0500

Stocks tumble, led by beaten bank shares, on day President Obama
enacts economic rescue. Dow, Nasdaq and S&P end about 4% lower.

reaking News: President Obama signs stimulus bill

Date: Tue, 17 Feb 2009 14:29:58 -0600

DENVER - Obama signs $787 billion economic plan, most sweeping rescue
package in decades.

Oil drops $2.58 to settle at $34.93/barrel amid continuing concerns over weak energy demand.

Date: Tue, 17 Feb 2009 14:50:08 -0500

Oil drops $2.58 to settle at $34.93/barrel amid continuing concerns
over weak energy demand.

Gold closes at a seven-month high of $967 an ounce

Date: Tue, 17 Feb 2009 14:07:33 -0500

Gold closes at a seven-month high of $967 an ounce
2/17/2009 2:05:08 PM EDT

Stocks putting November lows to the re-test

Date: Tue, 17 Feb 2009 12:01:24 -0500
Stocks putting November lows to the re-test

With the S&P 500 trading below 800 for the first time in nearly three
months, the broad market is testing November lows in what could prove
to be a pivotal. trial for what's viewed as a key support level.

FUTURES MOVERS: OIL DROPS 7% AS U.S. STOCK INDEXES FALL, ECONOMIC WORRIES MOUNT

Oil futures tumbled below $35 a barrel on Tuesday, as falling U.S.
stock indexes and concerns about the global economy weighed on
investor sentiment.

EXPENSES HURT WAL-MART'S PROFIT, BUT RESULTS EXCEED VIEW

Retail giant Wal-Mart Stores Inc. says fourth-quarter profit fell
7.4%, hurt by higher expenses and a stronger dollar even as its
low-price position has helped it win traffic and sales from
budget-conscious shoppers.

SIRIUS GETS LIFELINE FROM LIBERTY MEDIA; SHARES DOUBLE

Shares of Sirius XM Satellite Radio as much as doubled Tuesday morning
on news that John Malone's Liberty Media has agreed to invest a total
of $530 million in the the beleaguered radio company, allowing it to
avoid a Chapter 11 bankruptcy filing.

VENEZUELA OPPOSITION REFLECTS ON LOSS; ECONOMISTS WARN OF TROUBLE

The Venezuelan people's decision to dismantle term limits is a
resounding vote of confidence in President Hugo Chavez and is forcing
the opposition to reflect.on its strategy and seek new ways to reach
the millions who can't imagine their nation without the popular
strongman.

Monday, February 16, 2009

News Alert!

Date: Mon, 16 Feb 2009 08:36:40 -0800 (PST)

Bill Clinton: I should have better regulated derivatives
02/16/09 10:07 AM, EST
Former President Bill Clinton was in Austin, Texas, over the weekend
to host the Clinton Global Initiative University, which encourages
college students and administrators to come up with creative ways to
address global issues.

Energy: Shares in Europe fall as financials pressure

Date: 16 FEB 2009 08:48:16 GMT

European shares fell in early trading on Monday as nationalization
fears returned to the banking sector and Daimler shares fell after a
broker downgrade.

International

Date: Mon, 16 Feb 2009 05:01:12 -0500

JAPAN'S ECONOMY 'WORST SINCE END OF WWII'
Japan is grappling with its worst economic crisis since the end
of World War II, the nation's economic and fiscal policy
minister said Monday. The comments from Kaoru Yosano followed
news of Japan's gross domestic product falling 12.7 percent in
the fourth quarter in 2008.

CHAVEZ DECLARES VICTORY IN VENEZUELA VOTE
Venezuelan President Hugo Chavez has declared victory in a
constitutional referendum that will allow him to run for a third
six-year term in 2012. With 94 percent of the votes counted,
about 54.4 percent of the voters supported the referendum and
45.6 percent were opposed, the National Election Commission
said.

AFGHANISTAN TO HELP REVIEW U.S. WAR ON TERROR
Afghan President Hamid Karzai said Sunday that his country would
join the strategic review of the U.S.-led war on terrorism.

CLINTON HEADS TO ASIA FOR FIRST STATE TRIP
Armed with a sweeping diplomatic agenda, Hillary Clinton headed
for Asia on Sunday on her first overseas trip as secretary of
state.

SEX TRADE TOPS U.N. TRAFFICKING LIST
Sexual exploitation and forced labor are the most common forms
of human trafficking in the world, a new report from the U.N.
Office on Drugs and Crime said.

U.S. ENVOY HOLBROOKE ARRIVES IN INDIA
Fresh from visiting leaders in Pakistan and Afghanistan, U.S.
special envoy Richard Holbrooke arrived in India on Sunday, the
U.S. Embassy in New Delhi said.

MEXICAN NAVY CONFISCATES 7 TONS OF COCAINE
The Mexican navy confiscated 7 tons of cocaine being transported
on a fishing vessel in international waters in the Pacific
Ocean, the navy secretary said.

NTSB: PLANE FELL 800 FEET IN 5 SECONDS
A commuter airliner that crashed Thursday in upstate New York,
killing 50 people, underwent violent pitching and rolling, with
passengers experiencing twice the normal force of gravity, just
before impact, a federal investigator said Sunday.
------------------------------------------------
BUSINESS

BRITISH ECONOMY TO WORSEN IN 2009
Shackled by a global recession, the United Kingdom's economy
will only get worse in 2009, the Confederation of British
Industry said Monday.

OBAMA PLANNING AMBITIOUS ROAD AHEAD
Fresh off victory on President Obama's $787 billion economic
recovery plan, several top White House aides say they're
planning an ambitious agenda for the rest of February. The White
House will focus on addressing the housing crisis, cleaning up
the banking mess and laying the groundwork for reform of the
health care system and entitlement programs like Medicare.

$250K MICROSOFT BOUNTY ON WORM CREATOR
Software giant Microsoft is offering a $250,000 reward for
information leading to the arrest and conviction of hackers
behind a powerful computer virus that could lead to millions of
PCs being hijacked.

Sunday, February 15, 2009

Breaking News

Date: Sun, 15 Feb 2009 21:35:10 -0500

Venezuela's President Hugo Chavez wins referendum to scrap term
limits, according to the country's electoral council.

International

Date: Sun, 15 Feb 2009 05:02:03 -0500
TOP STORIES as of 1000 GMT -- 15 February, 2009

UAE DENIES VISA TO ISRAELI TENNIS PLAYER
The United Arab Emirates has refused to grant a visa to Israeli
tennis Shahar Peer player for the Sony Ericsson World Tennis
Association Tour in Dubai, the WTA said in a statement Sunday.
Tour officials expressed dismay over the move, but say the
tournament will go ahead.

U.S.: 4 DEAD AFTER HOSPITAL WORKER OPENS FIRE
A former hospital worker systematically shot four people in
upstate New York on Saturday, authorities in two counties said.

VENEZUELANS VOTE ON TERM LIMIT FOR CHAVEZ
Venezuelans will decide Sunday whether to change the
constitution to allow President Hugo Chavez and other elected
officials to run for office indefinitely.

'RED ALERT' AFTER VOLCANO ERUPTS IN COLOMBIA
A volcano near southwest Colombia's border with Ecuador erupted
on Saturday, leading the government to issue a "red alert" for
the region.

DAYS NEEDED TO RECOVER ALL PLANE CRASH VICTIMS
Recovering all the bodies from Thursday's deadly U.S. passenger
plane crash may take four days as investigators work through
freezing temperatures and piles of wreckage.

WAR OF WORDS BETWEEN ISRAEL, TURKEY ESCALATES
Turkey's Foreign Ministry summoned Israel's ambassador to the
Turkish capital of Ankara on Saturday to issue a formal
complaint over a top Israeli commander's reported remarks
criticizing Turkey.

STIMULUS BILL LIMITS BAILED-OUT EXECS' EARNINGS
An amendment in the $787 billion economic stimulus package
passed by Congress Friday would severely restrict bonuses and
other forms of compensation for top executives at companies
receiving federal bailout money.

U.S.: FINANCIAL CRISIS IN EMERGING MARKETS
Finance ministers from the world's leading industrialized
nations were holding their second and last day of meetings in
Rome on Saturday with an agenda squarely focused on the world
financial crisis.
-----------------------------------------
BUSINESS

OBAMA PLANNING AMBITIOUS ROAD AHEAD
Fresh off victory on President Obama's $787 billion economic
recovery plan, several top White House aides say they're
planning an ambitious agenda for the rest of February. The White
House will focus on addressing the housing crisis, cleaning up
the banking mess and laying the groundwork for reform of the
health care system and entitlement programs like Medicare.

$250K MICROSOFT BOUNTY ON WORM CREATOR
Software giant Microsoft is offering a $250,000 reward for
information leading to the arrest and conviction of hackers
behind a powerful computer virus that could lead to millions of
PCs being hijacked.

AUSTRALIA APPROVES $26.5B STIMULUS PLAN
Australian leaders passed a $42 billion (US $26.5 billion)
stimulus package Friday in response to the global recession.