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• Wall Street gains as earnings, M&A offset Egypt concerns (Reuters)
• Intel finds chip flaw, cuts revenue forecast (Reuters)
• Exxon profit tops Street on taxes and output (Reuters)
• Factory, spending data support strong growth tone (Reuters)
• AMB to buy ProLogis, form warehouse giant (Reuters)
• Gulf stock markets shaken by Egypt unrest (AFP)
• Gates: Helping world's poor is a good investment (AP)
• Exxon profit up 53 pct, best quarter since 3Q '08 (AP)
• Support grows for lengthening Greek debt payback (Reuters)
• Jackson Hewitt sues H&R Block over ads (Reuters)
• Airbus says WTO rules Boeing got huge illegal aid (AFP)
• German retail sales slip as forecasts missed (AFP)
• Oil prices rise on Egypt unrest; Brent tops $100 (AP)
• Italians 'dodged tax' on ?50 bln of income in 2010 (AFP)
• Chrysler projects profitable 2011 ahead of IPO (Reuters)

Wall Street gains as earnings, M&A offset Egypt concerns (Reuters) Posted: 31 Jan 2011 09:11 AM PST Reuters - U.S. stocks rose on Monday as solid earnings, merger activity and better-than-expected economic data renewed some of the risk appetite that evaporated last week on uncertainties over stability in the Middle East.

Intel finds chip flaw, cuts revenue forecast (Reuters) Posted: 31 Jan 2011 09:00 AM PST Reuters - Intel Corp found a defect in one of its chips, hurting its credibility at a time when demand for microprocessors in personal computers is being threatened.

Exxon profit tops Street on taxes and output (Reuters) Posted: 31 Jan 2011 09:14 AM PST Reuters - Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar.

Factory, spending data support strong growth tone (Reuters) Posted: 31 Jan 2011 09:14 AM PST Reuters - A measure of factory activity in the U.S. Midwest rose to a 22-1/2 year high in January on strong orders and employment prospects, bolstering hopes the economy would stay on a solid growth path this year.

AMB to buy ProLogis, form warehouse giant (Reuters) Posted: 31 Jan 2011 08:39 AM PST Reuters - AMB Property Corp has struck a deal to buy rival ProLogis for $5.7 billion in stock, combining the two largest U.S. owners of warehouse and distribution centers around the world in one of the biggest real-estate transactions since the financial crisis.

Gulf stock markets shaken by Egypt unrest (AFP) Posted: 30 Jan 2011 06:40 AM PST AFP - Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped Sunday on mounting concerns over developments in the world's most populous Arab nation.

Gates: Helping world's poor is a good investment (AP) Posted: 31 Jan 2011 12:07 AM PST AP - Bill Gates says he feels a responsibility to speak up for the world's poorest because they're likely to be hit hard as economic woes force governments to reduce contributions to foreign aid.

Exxon profit up 53 pct, best quarter since 3Q '08 (AP) Posted: 31 Jan 2011 08:26 AM PST AP - Exxon Mobil earned $9.25 billion in the last three months of 2010, its most profitable quarter since the record third quarter of 2008.

Support grows for lengthening Greek debt payback (Reuters) Posted: 31 Jan 2011 04:26 AM PST Reuters - Support is gaining ground in the euro zone for giving Greece more time to pay back its EU bailout to avoid default and ease the worst-indebted EU state's debt burden, although details still have to be pinned down.

Jackson Hewitt sues H&R Block over ads (Reuters) Posted: 31 Jan 2011 08:17 AM PST Reuters - Jackson Hewitt Tax Service Inc sued H&R Block Inc to stop a new advertising campaign that it said misleads customers about tax refund loans and disparages Jackson Hewitt's competence.

Airbus says WTO rules Boeing got huge illegal aid (AFP) Posted: 31 Jan 2011 09:14 AM PST AFP - European planemaker Airbus said Monday that the World Trade Organization had confirmed that its US rival Boeing received "massive and illegal government subsidies for many decades".

German retail sales slip as forecasts missed (AFP) Posted: 31 Jan 2011 01:46 AM PST AFP - German retail sales slipped by 0.3 percent in December from the previous month, figures released on Monday by the national statistics service showed, but gained by 1.2 percent for 2010 as a whole.

Oil prices rise on Egypt unrest; Brent tops $100 (AP) Posted: 31 Jan 2011 09:03 AM PST AP - Brent crude oil topped $100 for the first time since 2008 as investors kept an anxious eye on Egypt and worried about unrest there disrupting the flow of oil from the Middle East.

Italians 'dodged tax' on ?50 bln of income in 2010 (AFP) Posted: 31 Jan 2011 04:21 AM PST AFP - Close to 50 billion euros (68 billion dollars) in income went undeclared in Italy in 2010, a rise of 46 percent on the previous year, according to a financial police report Monday on the fight against tax evasion.

Chrysler projects profitable 2011 ahead of IPO (Reuters) Posted: 31 Jan 2011 08:08 AM PST Reuters - Chrysler Group LLC forecast a return to profit for 2011 as it gears up for an initial public offering in the second half of the year and launches an array of new and revamped vehicle models to stimulate its recovery.

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