News for January 10th 2011


ECB gives Portugal temporary lifeline, traders say

Alaskan Pipeline Shutdown Cuts Oil Output, Pushes Crude Higher (BP/COP/XOM)

Germany's Refusal to Boost Euro Rescue Fund May Be Weakening

JBS Is Said to Consider Another Takeover Offer for Sara Lee (also, see weekend news for Apollo’s interest in Sara Lee) (SLE)

Ridiculed Bill Ford Is Laughing Now as Rival Carmakers Go Green

Verizon Wireless iPhone to Help Apple Boost Sales, Combat Google and RIM, Analysts say (AAPL/GOOG/RIMM/T/VZ)

Seagate Bidders' Offers Fell Short, CEO Luczo Says (STX/WDC)

Trade war looming, warns Brazil

China trade growth slows as imports rise

Portugal in Market's Hot Seat

BlackBerry to be Censored In Indonesia (RIMM)

Aluminum Makers Ride Price Increases (AA)

Big Year for Stocks? They'll Have to Earn It

Central banker urges China to cut U.S. debt holdings: report

G20 to tackle food prices as countries reassure

Pentagon Must ‘Buy American,’ Barring Chinese Solar Panels (Solar stocks)

China SAFE Official Warns Fed Monetary Policies Are Creating Inflationary Bubbles, Stimulate Global FX Intervention

Verizon iPhone to offer unlimited data in contrast to AT&T

LDK raises guidance.  Sees Q4 revs of $870 to $910M, versus prior view of $710 to $750M (via Street Insider)

Goldman Sachs upgraded Target $TGT to Buy, while downgrading $WMT to Neutral

Duke $DUK confirms deal to acquire $PGN

UBS Upgrades General Electric $GE from Neutral to Buy, Raises Price Target from $19 to $23

Posted in Breaking News