Resurgent shoppers warm up Feb. sales, snow aside

Date: Thu, Mar 4, 2010 at 12:01 PM

RESURGENT SHOPPERS WARM UP FEB. SALES, SNOW ASIDE
While cold and snow sidelined some consumers, retailers' February sales results
paint a picture of resilient shoppers ready to deliver what would be a sixth
straight month of higher receipts.

INVESTORS LINE UP TO BUY GREEK BONDS
Greece's 10-year bond offering is heavily oversubscribed and has been closed,
signaling strong interest from investors only a day after the nation decided
to take additional austerity measures to lower its excessive fiscal deficit.

A SURE SIGN THE GREEK CRISIS IS OVER
Blame, in all its forms, is a lagging indicator. So when politicians and
regulators start assigning it, the storm is usually over, as it certainly is
now with the Greek debt crisis.

GREECE UNVEILS NEW AUSTERITY MEASURES
The Greek government has decided to take additional austerity measures to make
sure it meets its deficit-cutting pledge this year, following intense pressure
from the European Union and financial markets, according to media reports on
Wednesday.

HARD-HIT GREEK STOCKS MAY OFFER OPPORTUNITIES
As a debt crisis rattles confidence in Greece, few investors are rushing to put
money into local assets. For those who can stomach the risk, however,
interesting opportunities do exist.