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• Wall St rallies on BoJ and data (Reuters)
• Debt woes dealt setback to financial stability: IMF (Reuters)
• Service sector picks up in Sept: ISM (Reuters)
• Walgreen same-store sales better than expected (Reuters)
• BOJ reverts to zero rates, pledges to buy more assets (Reuters)
• Egypt and Russia telecom companies agree to merger (AP)
• Fed boss: More securities buys could help economy (AP)
• Earnings, jobs on tap after September rally (Reuters)
• Europe calls on China to let currency appreciate (AP)
• 7 ETFs for the Perfect Portfolio (The Motley Fool)
• Moody's warns it may downgrade Ireland's debt (AP)
• September sales seen up on back-to-school and promotions (Reuters)
• Foreign buyers see big opportunity in housing bust (AP)
• Panel: Transocean thwarts efforts to get documents (AP)
• IRS asked to examine big-spending GOP-allied group (AP)
• Dealer: Ford to eliminate many Lincoln dealerships (AP)
• The Globe Trotting MBA (BusinessWeek)

Wall St rallies on BoJ and data (Reuters) Posted: 05 Oct 2010 08:59 AM PDT Reuters - U.S. stocks extended gains on Tuesday, with the S&P 500 holding above a key technical level after encouraging U.S. services sector data and moves by central banks to stimulate the global economy.

Debt woes dealt setback to financial stability: IMF (Reuters) Posted: 05 Oct 2010 07:06 AM PDT Reuters - The International Monetary Fund said on Tuesday that sovereign debt risk in Europe and continued real estate woes in the United States have dealt a setback to global financial stability in the past six months.

Service sector picks up in Sept: ISM (Reuters) Posted: 05 Oct 2010 07:47 AM PDT Reuters - The pace of growth in the non-manufacturing sector accelerated more quickly than economists had expected last month and hiring increased, according to an industry report released on Tuesday.

Walgreen same-store sales better than expected (Reuters) Posted: 05 Oct 2010 06:52 AM PDT Reuters - U.S. drugstore chain Walgreen Co on Tuesday posted a stronger-than-expected rise in September same-store sales on strong demand in its pharmacy business.

BOJ reverts to zero rates, pledges to buy more assets (Reuters) Posted: 05 Oct 2010 07:02 AM PDT Reuters - The Bank of Japan on Tuesday pledged to pump more funds into the struggling economy and keep rates virtually at zero, surprising markets and stealing a march on the Federal Reserve in providing a fresh dose of economic stimulus.

Egypt and Russia telecom companies agree to merger (AP) Posted: 04 Oct 2010 01:19 PM PDT AP - Russia's VimpelCom Ltd and Weather Investments, the investment company headed by Egyptian telecom mogul Naguib Sawiris, said Monday they are merging to form what would become the world's fifth largest mobile telecommunication service provider in a deal valued at over $6.5 billion.

Fed boss: More securities buys could help economy (AP) Posted: 04 Oct 2010 06:30 PM PDT AP - Federal Reserve Chairman Ben Bernanke said Monday that the economy could be helped by another round of asset purchases by the central bank.

Earnings, jobs on tap after September rally (Reuters) Posted: 03 Oct 2010 02:38 PM PDT Reuters - As September's surge fades into a fond memory, the question for the U.S. stock market is: Now what?

Europe calls on China to let currency appreciate (AP) Posted: 05 Oct 2010 08:39 AM PDT AP - European leaders on Tuesday urged China to let its currency rise and narrow a trade deficit that has strained relations, while promising Asian countries in return more power in global financial institutions.

7 ETFs for the Perfect Portfolio (The Motley Fool) Posted: 05 Oct 2010 07:05 AM PDT The Motley Fool - With new exchange-traded funds coming out all the time, ETF providers want you to believe that you can't invest well without the latest gimmick fund. Unless you're looking to make extremely concentrated bets on a narrowly focused group of investments, you can stop poring over every new fund offering. You'll do better with tried and true funds instead.

Moody's warns it may downgrade Ireland's debt (AP) Posted: 05 Oct 2010 12:44 AM PDT AP - A leading credit rating agency warned Tuesday that it may cut Ireland's government debt rating amid mounting worries over the country's economic outlook following another bailout of the banking sector last week.

September sales seen up on back-to-school and promotions (Reuters) Posted: 05 Oct 2010 05:22 AM PDT Reuters - U.S. retailers are expected to post modest sales gains for September, on cautious back-to-school shopping and aggressive month-end promotions from department stores looking to clear inventory ahead of the all-important holiday shopping season.

Foreign buyers see big opportunity in housing bust (AP) Posted: 04 Oct 2010 02:46 PM PDT AP - The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom. The sales office is strangely exuberant. Buyers gush about the glam condos — designed by hipster tastemaker Kelly Wearstler — and their hotel-like amenities: poolside libations, daily housekeeping and room service food stirred up by a celebrity chef.

Panel: Transocean thwarts efforts to get documents (AP) Posted: 05 Oct 2010 08:46 AM PDT AP - Members of a federal panel investigating the cause of the Gulf of Mexico rig explosion and oil spill and how to improve safety and oversight are accusing rig owner Transocean of thwarting their efforts to get to critical documents and a witness.

IRS asked to examine big-spending GOP-allied group (AP) Posted: 05 Oct 2010 07:58 AM PDT AP - Two organizations that advocate for tougher campaign finance rules are asking the Internal Revenue Service to investigate the tax-exempt status of a Republican-allied group that has been airing millions of dollars in political advertising.

Dealer: Ford to eliminate many Lincoln dealerships (AP) Posted: 05 Oct 2010 09:02 AM PDT AP - Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according to a dealer who attended a closed-door meeting Tuesday.

The Globe Trotting MBA (BusinessWeek) Posted: 05 Oct 2010 05:08 AM PDT BusinessWeek - It was not a straight path that led me to pursue my MBA at China Europe International Business School (CEIBS), Shanghai (CEIBS Full-Time MBA Profile). Born and raised in northwest Spain, I started my engineering studies at home. Soon after, I took on two research internships in Germany and completed my undergraduate studies in Denmark through an exchange program.

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