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Stocks

(most talked about stocks of the last 24 hours)

JPM - UBS - I - XL - BRKB - KSS - WMT - BX - BRKA - M - TRV - RX - H - LVS - HOT - MAR - GS - FIG - AIG - FRE - BAC - GE - MGA.TO - C - BSBR - JCP - VLO

Top Stories

(most popular stories in the last 24 hours)

Afghanistan hits back at U.N. and foreign criticism
2009/11/07 - 11:42AM EST
KABUL (Reuters) - Afghanistan accused the United Nations on Saturday of intervening in the formation of President Hamid Karzai's next cabinet, less than a week into his new term.
Russian military plane crashes in Pacific, 11 missing
2009/11/07 - 10:42AM EST
MOSCOW (Reuters) - A Russian military plane with 11 people on board crashed in the Pacific Ocean during a training flight late on Friday, the Defense Ministry said.
HIGHLIGHTS - Comments from G20 finmins, c.bankers meeting
2009/11/07 - 10:35AM EST
ST ANDREWS, Scotland (Reuters) - Following are comments on Saturday from Group of 20 finance ministers, central bank policymakers and officials meeting in Scotland.
FACTBOX: Provisions of the U.S. House healthcare bill
2009/11/07 - 06:44AM EST
(Reuters) - The U.S. House of Representatives may vote on a sweeping healthcare overhaul as early as Saturday. Here are the main provisions of the House bill.
FACTBOX: Glossary of terms in U.S. healthcare debate
2009/11/07 - 06:03AM EST
(Reuters) - The debate over U.S. healthcare reform is full of terms familiar to lawmakers and lobbyists but often obscure to the public.
Bin Laden videotape not new, monitoring site says
2009/11/07 - 04:26AM EST
WASHINGTON (Reuters) - A videotape of Al Qaeda leader Osama bin Laden released on Friday is the Pashto-language version of a tape released several months ago, said IntelCenter, a U.S.-based terrorism monitoring firm.
Motive probed in Fort Hood shooting rampage
2009/11/07 - 02:55AM EST
KILLEEN, Texas (Reuters) - Investigators searched on Friday for the motive behind a mass shooting at a sprawling U.S. Army base in Texas, in which an Army psychiatrist trained to treat war wounded is suspected of killing 13 people.
House Democrats scramble for healthcare votes
2009/11/06 - 11:23PM EST
WASHINGTON (Reuters) - Democratic leaders in the U.S. House of Representatives scrambled on Friday to allay lingering concerns about a broad healthcare overhaul and said a landmark vote planned for Saturday could slip a day or more.
Laid-off Orlando engineer kills one, wounds five
2009/11/06 - 10:28PM EST
ORLANDO, Florida (Reuters) - An ex-employee of an engineering consulting firm who was laid off in 2007 opened fire at his former workplace in Orlando, Florida, on Friday, killing one person and wounding five others, police said.
Motive probed in Fort Hood shooting rampage
2009/11/06 - 10:27PM EST
KILLEEN, Texas (Reuters) - Investigators searched for the motive on Friday behind a mass shooting at a sprawling U.S. Army base in Texas, in which an Army psychiatrist trained to treat war wounded is suspected of killing 13 people.


All Stories

(news stories from the last 24 hours)

Market News

Medvedev: Kiev infighting holding up gas payments
2009/11/07 - 01:13PM EST
BERLIN, Nov 7 (Reuters) - Political infighting in Ukraineahead of a presidential election in January is holding up Kiev'spayments for Russian gas, Russian President Dmitry Medvedev saidin an interview with German weekly magazine Der Spiegel.
FACTBOX-Provisions of the U.S. House healthcare bill
2009/11/07 - 01:00PM EST
Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.
FACTBOX-Glossary of terms in U.S. healthcare debate
2009/11/07 - 01:00PM EST
Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.
TNT has new proposal to prevent massive job cuts
2009/11/07 - 11:36AM EST
AMSTERDAM, Nov 7 (Reuters) - Dutch mail company TNT NV said on Saturday it had sent a new proposal to unions,which included a maximum pay cut of 3.5 percent, but wouldprevent massive job cuts.
UK's Brown: G20 should consider bank tax urgently
2009/11/07 - 11:08AM EST
GS
ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.
UPDATE 1-Glaxo Saudi's sole supplier of H1N1 vaccine for now
2009/11/07 - 11:05AM EST
A
* Glaxo is kingdom's sole supplier of H1N1 vaccine for now
WRAPUP 1-UK urges divided G20 to reach climate finance deal
2009/11/07 - 10:25AM EST
* Group of 20 divided on push to reach climate finance deal
FACTBOX-Provisions of the U.S. House healthcare bill
2009/11/07 - 07:01AM EST
Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.
Dr Reddy's files for marketing Lipitor generic
2009/11/07 - 06:36AM EST
PFE
MUMBAI, Nov 7 (Reuters) - India's Dr Reddy's Laboratories has filed for marketing a generic version of Pfizer's cholesterol-lowering drug Lipitor in the U.S., thecompany said on Saturday.
UPDATE 2-Big California bank fails, has China branches
2009/11/07 - 06:16AM EST
* Big San Francisco bank serving Chinese community closed

Business News

Freddie Mac posts $5 billion loss
2009/11/07 - 12:59AM EST
FRE
NEW YORK (Reuters) - Freddie Mac, the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.
Stocks eye retailers as jobless ranks swell
2009/11/06 - 11:59PM EST
M KSS JCP WMT
NEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.
Berkshire Hathaway's net income triples
2009/11/06 - 11:47PM EST
I GS KO PG BRKA BRKB WFC
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
Blackstone profit tops view; sees more deals ahead
2009/11/06 - 11:42PM EST
FIG RX BX
NEW YORK (Reuters) - Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.
U.S. closes Home Federal Savings in Detroit
2009/11/06 - 11:42PM EST
WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions.
Freddie Mac posts $5 billion loss
2009/11/06 - 10:57PM EST
FRE
NEW YORK (Reuters) - Freddie Mac , the second largest provider of U.S. residential mortgage funding, said on Friday it lost $5 billion in the third quarter and predicted it would require further support from the Treasury amid a "prolonged deterioration" in housing.
Sun Micro sales fall, Oracle deal delay stings
2009/11/06 - 10:51PM EST
NEW YORK (Reuters) - Computer maker Sun Microsystems Inc suffered a 25 percent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp hurt its business.
AIG posts second straight profit
2009/11/06 - 09:53PM EST
AIG
NEW YORK (Reuters) - AIG, the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.
U.S. jobless rate surges to 10.2 percent
2009/11/06 - 09:45PM EST
WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
Wall St. rises 3 percent for week on Friday's slim gain
2009/11/06 - 09:33PM EST
TRV M AIG XL GE
NEW YORK (Reuters) - U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.

Economic News

WRAPUP 1-UK urges divided G20 to reach climate finance deal
2009/11/07 - 10:25AM EST
* Group of 20 divided on push to reach climate finance deal
UPDATE 3-Obama weighs steps to spur jobs, wary on deficit
2009/11/06 - 10:05PM EST
WASHINGTON, Nov 6 (Reuters) - U.S. President Barack Obamaon Friday listed a range of fresh options being considered bythe White House to spur growth after "sobering" news thatunemployment spiked to a 26 1/2-year peak last month.
US STOCKS-Wall St rises 3 pct for week on Friday's slim gain
2009/11/06 - 09:33PM EST
AIG TRV M XL GE
* Brokerage upgrades offset data; GE up 6 pct * U.S. unemployment rate at 10.2 pct, highest in over 26 yrs * Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.3 pct
DIARY-Federal Reserve Events
2009/11/06 - 09:18PM EST
Monday, November 16 ***TYLER, Texas - Federal Reserve Bank President RichardFisher gives general remarks on the Federal Reserve and economybefore a community forum hosted by the Federal Reserve Bank ofDallas, approx. 1215 CST/1315 EST/1815 GMT. Audience Q&Aexpected. Media Q&A TBD. Hilton Garden Inn, 220 East Grande.RSVP: James Hoard, 214 922 5307 or james.hoard@dal.frb.org
US STOCKS SNAPSHOT-Wall St ends up slightly; jobs data hurts
2009/11/06 - 09:09PM EST
GE
NEW YORK, Nov 6 (Reuters) - U.S. stocks ended slightlyhigher on Friday, shrugging off government data showing theunemployment rate rose to more than 10 percent.
WRAPUP 4-US jobless rate hits 26-1/2-year high at 10.2 pct
2009/11/06 - 08:48PM EST
* Unemployment rate climbs to 10.2 pct, a 26-1/2-year high
DIARY - Today in Washington - Nov. 9
2009/11/06 - 08:48PM EST
---------------------------------------------------------
Peru's Banco de Credito eyes strong 5-year growth
2009/11/06 - 08:41PM EST
BAP
LIMA, Nov 6 (Reuters) - Peru's financial sector could growbetween 15 percent and 20 percent annually during the next fiveyears, as the local economy rebounds from the global economiccrisis, the head of the country's largest bank said on Friday.
U.S. consumer credit falls $14.80 bln in Sept
2009/11/06 - 08:00PM EST
WASHINGTON, Nov 6 (Reuters) - Total U.S. consumer creditdropped by a bigger-than-expected $14.80 billion in September,Federal Reserve data showed on Friday, indicating householdsprefer to reduce debt and are still reluctant to spend.
US STOCKS-Wall St flat; broker upgrades offset jobs data
2009/11/06 - 07:14PM EST
X TRV M AIG GE
* Brokerage upgrades offset data; GE up more than 7 pct

Banking News

Swiss Re says 2008 insured losses $50 bln for industry
2008/12/18 - 08:01PM EST
ZURICH (Reuters) - Swiss Re said insured losses soared to$50 billion for the industry in 2008, making it the secondcostliest year ever.
HSBC extends slide on capital, Asia growth worries
2008/12/18 - 08:01PM EST
LONDON (Reuters) - HSBC Holdings sharesfell over 5 percent on Thursday to extend a 6-day retreat to 16percent as concern mounted it could raise capital or cut itsdividend to keep its balance sheet advantage.
AIG CEO puts off meeting with critical congressman
2008/12/18 - 08:01PM EST
ALL AIG
NEW YORK (Reuters) - American International Group Inc Chief Executive Edward Liddy has asked for more timebefore meeting with U.S. Rep. Elijah Cummings, who has beencritical of the insurer and management in recent weeks.
EU approves Santander's purchase of B&B assets
2008/12/18 - 08:01PM EST
BRUSSELS (Reuters) - Spanish banking group Santander won permission from EU competition authorities onThursday to acquire assets including deposits and branches ofBritish mortgage lender Bradford & Bingley .
Generali says 2009 targets no longer valid
2008/12/18 - 08:01PM EST
* Technical performance should see further improvements
Deutsche ups stake in Springer to 8.4 pct
2008/12/18 - 08:00PM EST
* Private equity Hellman & Friedman pays off loan withstake
EU clears Belgian 3.5 bln euro KBC recapitalisation
2008/12/18 - 08:00PM EST
BRUSSELS (Reuters) - The European Commission on Thursdayapproved Belgium's emergency 3.5 billion euro ($5 billion)recapitalisation of KBC , aimed at helping the bankingand insurance group through the financial crisis.
US credit card rule changes approved by regulator
2008/12/18 - 08:00PM EST
AXP JPM MA BAC C DFS V
WASHINGTON (Reuters) - Rules aimed at preventing creditcard holders from being hit by unfair and deceptive practicessuch as surprise fees and interest-rate hikes were approved onThursday by a U.S. banking regulator.
Fed buys $2.4 billion of Fannie, Freddie, FHLB debt
2008/12/18 - 08:00PM EST
NEW YORK (Reuters) - The Federal Reserve bought $2.4billion of Fannie Mae , Freddie Mac and FederalHome Loan Banks debt in permanent coupon purchases on Thursdayin an ongoing effort to lower mortgage rates.
Citigroup says increasing its lending
2008/12/18 - 08:00PM EST
C
NEW YORK (Reuters) - Citigroup Inc has boosted itslending after receiving government money and has set up acommittee of senior executives to make sure it is using thosefunds properly, according to an internal memo obtained byReuters.


Funds News

UK's Brown: G20 should consider bank tax urgently
2009/11/07 - 11:08AM EST
GS
ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.
UPDATE 2-Big California bank fails, has China branches
2009/11/07 - 06:16AM EST
* Big San Francisco bank serving Chinese community closed
Regulators close United Commercial Bank, San Francisco
2009/11/07 - 03:10AM EST
WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.
Four new closings put US bank failure list at 119
2009/11/07 - 01:03AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.
U.S. regulators close Gateway Bank, Prosperan Bank
2009/11/07 - 12:43AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.
BofA says legislative, regulatory risks growing
2009/11/06 - 11:47PM EST
BAC
CHARLOTTE, N.C., Nov 6 (Reuters) - Bank of America Corp said on Friday that mounting legislative and regulatorypressure may hurt its business, a rare move for a large publiccompany that signals how the changing landscape for banksworries management.
UPDATE 1-Wall St trial summations hone in on 'toast' email
2009/11/06 - 11:41PM EST
AIG JPM
* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)
UPDATE 1-Dimon's father joins Bear Stearns advisory unit
2009/11/06 - 11:41PM EST
BAC JPM
* Dimon previously said wants to add 1,000 advisers (Adds age of Ted Dimon, background, byline, previousCHARLOTTE)
U.S. closes Home Federal Savings in Detroit
2009/11/06 - 11:38PM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed HomeFederal Savings Bank, of Detroit, on Friday, the 117th U.S.bank to fail this year as deterioriating loans continue to taketheir toll on financial institutions.
US Treasury to block sale of Fannie Mae tax credits
2009/11/06 - 11:25PM EST
GS M
WASHINGTON, Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman SachsGroup , an administration official said on Friday.

Private Equity

UPDATE 5-Blackstone profit tops view; sees more deals ahead
2009/11/06 - 09:29PM EST
FIG RX BX
* Shares rise 7 pct (Adds background about recent sales; fundraising, shares)
Latest on the Reuters Hedge Hub blog
2009/11/06 - 05:45PM EST
- Looking 'Bleak' for Madoff investors. Ongoing legal work looking good forlawyers in Madoff case.http://blogs.reuters.com/hedgehub/2009/11/05/looking-bleak-for-madoff-investors/
Turnaround funds eye Threshers business - sources
2009/11/06 - 05:02PM EST
* Convenience stores and multiple retailers also looking
UPDATE 2-Fortress shares fall on 3rd-qtr loss
2009/11/06 - 04:12PM EST
FIG
* Loss for class A shareholders 43 cts vs. 66 cts year-ago
UPDATE 1-Former WorldPay boss keen to buy RBS WorldPay
2009/11/06 - 03:33PM EST
UBS
* Lynk Systems founder also interested in U.S. part (Adds detail, background)
Capmark seeks court OK to sell Japan loan unit to Sandringham
2009/11/06 - 03:26PM EST
Nov 6 (Reuters) - Capmark Financial [CPFNG.UL] has asked aU.S. bankruptcy court to approve the previously arranged saleof its Japanese loan servicing business, Premier AssetManagement, to UK-based fund management firm SandringhamCapital Partners.
Former WorldPay boss keen to buy RBS WorldPay
2009/11/06 - 02:56PM EST
UBS
LONDON/NEW YORK, Nov 6 (Reuters) - A founder of part ofpayments processing business RBS WorldPay is interested inbuying all of the business back from Royal Bank of Scotland after the UK bank was told to sell it by Europeancompetition authorities.
Permira in exclusive talks for Survitec - source
2009/11/06 - 11:28AM EST
LONDON, Nov 6 (Reuters) - European buyout house Permira[PERM.UL] has entered exclusive talks to buy survival equipmentmaker Survitec from rival Montagu Private Equity, a sourcefamiliar with the process said.
CORRECTED - CORRECTED-DEALTALK-Even distressed sellers in Asia get top price
2009/11/06 - 09:28AM EST
AMT C AIG
(Corrects paragraph 7 to show one buyer for ING Swiss assets)
Carlyle to buy restaurant chain in $232 Mln MBO
2009/11/06 - 07:53AM EST
TOKYO, Nov 6 (Reuters) - The Carlyle Group [CYL.UL] said onFriday it would buy a Japanese restaurant chain operator in a 21billion yen ($230 million) management buyout, its second deal inJapan in two weeks.

Bonds News

FACTBOX-Provisions of the U.S. House healthcare bill
2009/11/07 - 01:00PM EST
Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.
FACTBOX-Glossary of terms in U.S. healthcare debate
2009/11/07 - 01:00PM EST
Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.
FACTBOX-Provisions of the U.S. House healthcare bill
2009/11/07 - 07:01AM EST
Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.
UPDATE 2-Big California bank fails, has China branches
2009/11/07 - 06:16AM EST
* Big San Francisco bank serving Chinese community closed
Regulators close United Commercial Bank, San Francisco
2009/11/07 - 03:10AM EST
WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.
WRAPUP 4-US House Democrats scramble for healthcare votes
2009/11/07 - 03:02AM EST
(For full coverage of U.S. healthcare reform, click[nN20512341])
WRAPUP 6-Motive probed for U.S. Army shooting rampage
2009/11/07 - 02:55AM EST
* Soldiers were shot at pre-deployment center (Adds suspected gunman transferred to hospital in SanAntonio)
Four new closings put US bank failure list at 119
2009/11/07 - 01:03AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.
U.S. regulators close Gateway Bank, Prosperan Bank
2009/11/07 - 12:43AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.
Citigroup says new rules may hit securitization
2009/11/07 - 12:26AM EST
C
NEW YORK, Nov 6 (Reuters) - Citigroup Inc said onFriday that new accounting rules for securitization trusts mayprevent the bank from funding some of its assets with a topdebt rating.

New Issues News

RPT-IPO VIEW-Dollar General set to price at rich valuation
2009/11/06 - 11:22PM EST
TGT DOLE WMT DG
NEW YORK, Nov 6 (Reuters) - Dollar General is setto go public next week, but the discount retailer could seemixed results in its closely watched initial public offering asits private equity backers have valued the company richly.
Duoyuan Printing shares fall in debut
2009/11/06 - 03:14PM EST
DYP
PHILADELPHIA, Nov 6 (Reuters) - Shares ofprinting-equipment maker Duoyuan Printing Inc fell intheir market debut on Friday after pricing at the low end ofexpectations.
Hong Kong IPO Pipeline - Nov 6
2009/11/06 - 07:47AM EST
LVS AIG
HONG KONG, Nov 6 (Reuters) - The following are some of themajor companies planning initial public offerings on the HongKong stock exchange.
UPDATE 1-Korea Life may raise around $2 bln in IPO-sources
2009/11/06 - 03:34AM EST
AIG
* AIA, China Pacific Insurance eye listings (Adds details, background)
Korea Life may raise around $2 bln in IPO -sources
2009/11/06 - 02:57AM EST
HONG KONG, Nov 6 (Reuters) - Korea Life Insurance Co., theNo. 2 life insurer in South Korea, may raise around $2 billionthrough its planned initial public offering, sources with directknowledge of the matter said on Friday.
RPT-DEALTALK-Asian IPO fatigue hits India, elsewhere
2009/11/06 - 01:14AM EST
LVS
* 30-plus firms planning India or Hong Kong listings thisyr (Repeats item first published late on Thursday) (For more Reuters DEALTALKS, click [DEALTALK/])
UPDATE 3-Citi to raise up to $100 mln in Primerica IPO
2009/11/05 - 11:48PM EST
C
* Primerica shares will be used as incentive for sales staff (Adds byline; Primerica's book value, history)
UPDATE 5-Hyatt stock rises 12 pct in NYSE debut
2009/11/05 - 11:04PM EST
GS HOT MAR BSBR BX H
* Second-largest IPO on NYSE this year (Recasts first three paragraphs; adds quotes from SanFrancisco strike, background on Boston strike)
CORRECTED - UPDATE 4-Hyatt stock rises 12 pct in debut
2009/11/05 - 10:32PM EST
GS HOT MAR BSBR BX H
(Corrects to show that the shares rose 12 pct in firstparagraph and that $1.06 billion is Hyatt's market cap afterfirst day of trading)
UPDATE 1-Ancestry.com shares jump in debut
2009/11/05 - 05:36PM EST
BAC MS
* Backed by Spectrum Equity (Updates with details about share move)

Forex News

FACTBOX-Glossary of terms in U.S. healthcare debate
2009/11/07 - 01:00PM EST
Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.
UPDATE 1-Glaxo Saudi's sole supplier of H1N1 vaccine for now
2009/11/07 - 11:05AM EST
A
* Glaxo is kingdom's sole supplier of H1N1 vaccine for now
WRAPUP 4-US House Democrats scramble for healthcare votes
2009/11/07 - 03:02AM EST
(For full coverage of U.S. healthcare reform, click[nN20512341])
UPDATE 1-Berkshire reinsurance volume limited by Burlington
2009/11/07 - 12:24AM EST
I RE TRH BRKA
* Pricing power not strong enough (Adds information on competitors, paragraphs 7-8)
Berkshire reinsurance volume limited by Burlington
2009/11/07 - 12:07AM EST
I BRKB BRKA
NEW YORK, Nov 6 (Reuters) - Warren Buffett's BerkshireHathaway Inc said it plans to limit theamount of business underwritten by its reinsurance operations,as it prepares to spend roughly $26 billion to buy railroadoperator Burlington Northern Santa Fe Corp .
Wall St Week Ahead: Stocks eye retailers as jobless ranks swell
2009/11/06 - 11:56PM EST
M KSS JCP WMT
* U.S. retail earnings take center stage * Wal-Mart eyed for insight on consumer * On tap: September trade gap, November consumer sentiment * U.S. Treasury refinances record debt
UPDATE 2-Freddie Mac posts $5 bln loss, predicts weak housing
2009/11/06 - 11:56PM EST
FRE
NEW YORK, Nov 6 (Reuters) - Freddie Mac ,the second largest provider of U.S. residential mortgagefunding, on Friday posted a loss of $5 billion in the thirdquarter and predicted it would need more government supportamid a "prolonged deterioration" in housing.
UPDATE 1-Wall St trial summations hone in on 'toast' email
2009/11/06 - 11:41PM EST
AIG JPM
* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)
RPT-IPO VIEW-Dollar General set to price at rich valuation
2009/11/06 - 11:22PM EST
TGT DOLE WMT DG
NEW YORK, Nov 6 (Reuters) - Dollar General is setto go public next week, but the discount retailer could seemixed results in its closely watched initial public offering asits private equity backers have valued the company richly.
WRAPUP 3-US House Democrats scramble for healthcare votes
2009/11/06 - 11:22PM EST
(For full coverage of U.S. healthcare reform, click[nN20512341])

ETF News

UK's Brown: G20 should consider bank tax urgently
2009/11/07 - 11:08AM EST
GS
ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.
UPDATE 2-Big California bank fails, has China branches
2009/11/07 - 06:16AM EST
* Big San Francisco bank serving Chinese community closed
Regulators close United Commercial Bank, San Francisco
2009/11/07 - 03:10AM EST
WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.
Four new closings put US bank failure list at 119
2009/11/07 - 01:03AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.
U.S. regulators close Gateway Bank, Prosperan Bank
2009/11/07 - 12:43AM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.
BofA says legislative, regulatory risks growing
2009/11/06 - 11:47PM EST
BAC
CHARLOTTE, N.C., Nov 6 (Reuters) - Bank of America Corp said on Friday that mounting legislative and regulatorypressure may hurt its business, a rare move for a large publiccompany that signals how the changing landscape for banksworries management.
UPDATE 1-Wall St trial summations hone in on 'toast' email
2009/11/06 - 11:41PM EST
AIG JPM
* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)
UPDATE 1-Dimon's father joins Bear Stearns advisory unit
2009/11/06 - 11:41PM EST
BAC JPM
* Dimon previously said wants to add 1,000 advisers (Adds age of Ted Dimon, background, byline, previousCHARLOTTE)
U.S. closes Home Federal Savings in Detroit
2009/11/06 - 11:38PM EST
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed HomeFederal Savings Bank, of Detroit, on Friday, the 117th U.S.bank to fail this year as deterioriating loans continue to taketheir toll on financial institutions.
US Treasury to block sale of Fannie Mae tax credits
2009/11/06 - 11:25PM EST
GS M
WASHINGTON, Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman SachsGroup , an administration official said on Friday.

Financial Services and Real Estate

Repsol may cut 2009 dividend by 19 pct-paper
2009/11/07 - 12:37PM EST
MADRID, Nov 7 (Reuters) - Spain's Repsol may cutthe dividend to be paid against its 2009 results by 19 percentfrom a year ago amid an expected sharp drop in earnings, ElEconomista newspaper said on Saturday, without citing a source.
KBC to shrink by 25 pct in restructuring -paper
2009/11/07 - 09:28AM EST
BRUSSELS, Nov 7 (Reuters) - Belgian banking and insurancegroup KBC will have to shrink its balance sheet byabout 25 percent over the course of several years in anEU-ordered restructuring, daily De Tijd said on Saturday.
Citigroup says new rules may hit securitization
2009/11/07 - 12:26AM EST
C
NEW YORK, Nov 6 (Reuters) - Citigroup Inc said onFriday that new accounting rules for securitization trusts mayprevent the bank from funding some of its assets with a topdebt rating.
UPDATE 1-Berkshire reinsurance volume limited by Burlington
2009/11/07 - 12:24AM EST
I RE TRH BRKA
* Pricing power not strong enough (Adds information on competitors, paragraphs 7-8)
Berkshire reinsurance volume limited by Burlington
2009/11/07 - 12:07AM EST
I BRKB BRKA
NEW YORK, Nov 6 (Reuters) - Warren Buffett's BerkshireHathaway Inc said it plans to limit theamount of business underwritten by its reinsurance operations,as it prepares to spend roughly $26 billion to buy railroadoperator Burlington Northern Santa Fe Corp .
UPDATE 2-Freddie Mac posts $5 bln loss, predicts weak housing
2009/11/06 - 11:56PM EST
FRE
NEW YORK, Nov 6 (Reuters) - Freddie Mac ,the second largest provider of U.S. residential mortgagefunding, on Friday posted a loss of $5 billion in the thirdquarter and predicted it would need more government supportamid a "prolonged deterioration" in housing.
BofA says legislative, regulatory risks growing
2009/11/06 - 11:47PM EST
BAC
CHARLOTTE, N.C., Nov 6 (Reuters) - Bank of America Corp said on Friday that mounting legislative and regulatorypressure may hurt its business, a rare move for a large publiccompany that signals how the changing landscape for banksworries management.
UPDATE 1-Dimon's father joins Bear Stearns advisory unit
2009/11/06 - 11:41PM EST
BAC JPM
* Dimon previously said wants to add 1,000 advisers (Adds age of Ted Dimon, background, byline, previousCHARLOTTE)
US Treasury to block sale of Fannie Mae tax credits
2009/11/06 - 11:25PM EST
GS M
WASHINGTON, Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman SachsGroup , an administration official said on Friday.
UPDATE 2-US Treasury to block sale of Fannie Mae tax credits
2009/11/06 - 11:45PM EST
M GS
WASHINGTON , Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman Sachs Group because the transfer would harm taxpayers, anadministration official said on Friday.

Consumer Goods And Retail News

Chrysler dismantles electric car plans under Fiat
2009/11/07 - 02:46AM EST
DETROIT, Nov 6 (Reuters) - Chrysler has disbanded a team ofengineers dedicated to rushing a range of electric vehicles toshowrooms and dropped ambitious sales targets forbattery-powered cars set as it was sliding toward bankruptcyand seeking government aid.
PREVIEW-Retailers in focus as earnings season draws to a close
2009/11/07 - 02:43AM EST
WMT JWS JCP
NEW YORK, Nov 6 (Reuters) - U.S. retailers are poised todefy gloom next week as earnings expectations have improved,but the big test will be what they say about holiday shopping.
Wall St Week Ahead: Stocks eye retailers as jobless ranks swell
2009/11/06 - 11:56PM EST
M KSS JCP WMT
* U.S. retail earnings take center stage * Wal-Mart eyed for insight on consumer * On tap: September trade gap, November consumer sentiment * U.S. Treasury refinances record debt
UPDATE 1-Mexico's Walmex Oct same-store sales up 5.1 pct
2009/11/06 - 10:18PM EST
MEXICO CITY, Nov 6 (Reuters) - Retailer Wal-Mart de Mexicosaid on Friday its October same-store sales rose 5.1 percentfrom a year earlier, helped by an extra Saturday and itsability to keep prices low in tough economic times.
CANADA STOCKS-Gold miners pull TSX higher, offset weak jobs data
2009/11/06 - 10:03PM EST
MGA.TO G.TO ABX.TO
* Index finishes up 3.1 pct on the week (Adds details)
Mexico's Walmex Oct same-store sales up 5.1 pct
2009/11/06 - 09:33PM EST
MEXICO CITY, Nov 6 (Reuters) - Retailer Wal-Mart de Mexico said on Friday its October same-store sales rose5.1 percent from a year earlier, helped by an extra Saturdayand its ability to keep prices low in tough economic times. (Reporting by Cyntia Barrera Diaz)
UPDATE 4-Magna shares race higher on earnings, Opel fallout
2009/11/06 - 09:23PM EST
MGA MGA.TO
* Shares end up 14.2 pct in Toronto, 13.1 pct in New York
Worst is over for room rates at US hotels--study
2009/11/06 - 08:44PM EST
HOT MAR
NEW YORK, Nov 6 (Reuters) - The U.S. hotel industry islikely over the worst declines in room rates, but averageprices will continue to slide in 2010 as the sector strugglesto regain its footing, PricewaterhouseCoopers said on Friday.
UPDATE 1-Ford Taurus in one-week production halt
2009/11/06 - 08:31PM EST
F
* Ford working with India company and on contingency plans
Hovnanian combines titles, raises watchdog hackles
2009/11/06 - 07:42PM EST
TOL PHM MTH MDC HOV
NEW YORK, Nov 6 (Reuters) - Governance watchdogs haveHovnanian Enterprises Inc in their sights again, afterthe homebuilder announced this week that it was adding chairmanto its chief executive's collection of titles.

Energy News

Mexico, Braskem sign supply pact for ethlyene plant
2009/11/07 - 01:09AM EST
MEXICO CITY, Nov 6 (Reuters) - Mexico's state oil companyPemex said it signed a letter of intent with a consortium ledby Brazil's Braskem SA to supply raw materials for a proposedpetrochemicals plant the consortium may build in Mexico.
Valero reports Corpus Christi SRU upset fixed
2009/11/06 - 11:20PM EST
VLO
HOUSTON, Nov 6 (Reuters) - Valero Energy Corp saidit has fixed an upset in a sulfur recovery unit (SRU) on Fridayat its 315,000 barrel per day refinery in Corpus Christi,Texas, according to state pollution regulators. (Reporting by Kristen Hays)
UPDATE 2-U.S. energy companies monitor storms in Gulf
2009/11/06 - 10:32PM EST
APC MRO CVX VLO
HOUSTON, Nov 6 (Reuters) - U.S. oil producers and refinerssaid operations were normal in and around the Gulf of Mexico onFriday as they monitored weather systems that could threatenoffshore platforms and coastal facilities in the next severaldays.
UPDATE 1-Shell to pay $19.5 mln for California violations
2009/11/06 - 09:17PM EST
* California AG investigated 1,000 Shell gasoline stations
UPDATE 1-Valero to shut N.J. refinery for 3-weeks' work
2009/11/06 - 08:20PM EST
VLO
NEW YORK, Nov 6 (Reuters) - Top U.S. refiner Valero EnergyCorp said its 160,000 barrel-per-day Paulsboro, NewJersey, refinery will be shut for three weeks of maintenanceduring a longer unplanned FCC unit outage.
UPDATE 1-Cost of new Mexican oil refinery rises to $9.65 bln
2009/11/06 - 07:20PM EST
MEXICO CITY, Nov 6 (Reuters) - Mexico's state oil companyPemex said on Friday its new oil refinery would costapproximately $700 million more than previously estimated.
Mexico puts cost of new refinery at $9.65 billion
2009/11/06 - 06:59PM EST
MEXICO CITY, Nov 6 (Reuters) - Mexico's planned new oilrefinery at Tula will cost 129 billion pesos ($9.65 billion)state oil company Pemex [PEMX.UL] said on Friday.
Europe Gasoline-Cracks fall after U.S. jobs data
2009/11/06 - 06:44PM EST
LONDON, Nov 6 (Reuters) - European gasoline crack spreadsfell to two-week lows after a larger-than-expected jump in U.S.unemployment in October, slamming the arbitrage to the keyexport market shut.
U.S. natural gas rig count climbs 6 to 734 for week
2009/11/06 - 06:38PM EST
NEW YORK, Nov 6 (Reuters) - The number of rigs drilling fornatural gas in the United States climbed by six this week to734, according to a report on Friday by oil services firm BakerHughes in Houston.
UPDATE 1-Compton Petroleum Q3 profit falls 78 pct
2009/11/06 - 06:37PM EST
CMZ CMT.TO
* Q3 average production down 24 pct (Adds, details, analysts' comments, updates stock movement)


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