News for December 20th 2010

French AAA Grade at Risk as Downgrades Sweep Europe

BOE Forecast to Raise Interest Rate Within Six Months, CBI Says

Yields Flatten QE2 Critics With Curve Showing Fed End

Bears Turn Bulls as U.S. Gains From Roiling Markets

ECB Expresses ‘Serious Concerns’ About Irish Proposals to Stabilize Banks

Ernst & Young faces fraud charges

Witness’s Aid Hints at Growth of Insider-Trading Case

Sasol to Invest $1 Billion in Canadian Shale Gas (TLM)

Motorola Spinoff Companies Begin Trading (MOT/MMI/MSI)

Sara Lee Sales Talks Hit Bump on Price (SLE)

North Korea says won’t react to South drill

An inconvenient housing sector

Hewlett-Packard: The biggest dog of the Dow (HPQ)

Samsung nabs Tegra 2 for Galaxy Tab 2, Google makes Tegra the Honeycomb reference platform? (NVDA)

S&P says multi-notch South Korea ratings cut possible if conflict with North sees marked escalation

CHTP accelerating NDA filing of Northera to Q2 ’11. FDA says further ph 3 studies (i.e. ongoing Study 306) not necessary

ITMN Leerink raises PT to $54 on potential takeout value

Raytheon (RTN) reports agreement to acquire Applied Signal (APSG) for $38/share in cash

Goldman starts Netflix at Neutral, sees bandwidth & competition issues over next 12 months

AT&T (T) agrees to acquire 700 MHz wireless spectrum from Qualcomm (QCOM) for $1.925B

Posted in Breaking News, General Trading