News for January 7th 2011


Verizon to get iPhone 4 January 11th, WSJ confirms via a "person familiar with the matter" (AAPL/T/VZ)

UPS Cooperating With Antitrust Probe on Consultants (UPS/FDX)

Banks Lose Pivotal Masschusetts Foreclosure Case (BAC/C/JPM/USB/WFC)

At CES: A sea of tablets, no iPad killer

Alcoa Q4 profit seen strong on rising demand (AA)

Properly positioned for growth?

West European Debt Riskier Than Region's East for First Time: Euro Credit

China Backs Europe, Euro for Investing Reserves

German Exports Increased in November on Emerging Markets

Belgium Seeks Exit From Political Impasse as Spreads Widen

Gold Set for the Longest Losing Run Since 2009 on U.S. Recovery

Intel Says ‘Hair Isn't on Fire’ Over Tablets' Impact on PCs (INTC)

OnLive: Xbox-PlayStation Killer Going Way of Netflix

ARM May Receive Microsoft Royalties in Two Years, CEO Warren East Says (ARMH)

Investor unease about Portugal grows

US banks get nod for China securities (JPM/MS)

Euro Crisis Roars Back to the Forefront

A Bullish Start—but it Carries Risks

Muni Bond Buyers' Eyes Are on Illinois

Chips Makers Target Everything But Kitchen Sink (ARMH/INTC/MIPS/QCOM)

Hard-Hit Cities May Not Fully Heal for Years

Rayon makes a fashion comeback with the help of high cotton prices (RYN)

Pump Prices Likely to Stay Above $3

Wien's 10 'surprises' for 2011

With Warrant Issue, A.I.G. Aims at Independence (AIG)

Sara Lee Favors Split After Rebuffing JBS (SLE)

Yuan to rise 5-6 percent in 2011: China central bank adviser

Australia floods causing long-term damage (Coal stocks)

AT&T added 50 percent more China clients in 2010 (T)

Citigroup report on Alcoa: Trimming Q4 estimate on currency costs, approaching fair value, downgrade to Hold (AA)

BofA Merrill Lynch report on Netflix: Great company but price too high (NFLX)

Morgan Stanley report on Microsoft: Windows "next" on ARM > medium-term positive (MSFT)

Goldman Sachs upgraded $DO from Sell to Conviction Buy, $BHI upped from Neutral to Buy, $ESV removed from Conviction Buy (via Street Insider)

Posted in Breaking News