Yahoo! News: Health News

---

• S&P 500, Dow erase most losses, Nasdaq up (Reuters)
• Jobless claims at 2-1/2-year low (Reuters)
• Exchange consolidation race heats up (Reuters)
• PepsiCo cuts growth goal (Reuters)
• Sprint posts first subscriber gain since second quarter, 2007 (Reuters)
• Deutsche Boerse, NYSE in talks as merger frenzy grips (Reuters)
• PepsiCo 4Q net income falls; cuts outlook (AP)
• Philip Morris Int'l 4Q net income rises 15 pct (AP)
• Rising bond yield sounds alarm for Portugal (AP)
• Average rate on 30-year mortgage hits 5.05 pct. (AP)
• IMF chief backs bigger role for China's yuan (AFP)
• China's lunar holiday retail sales surge (AFP)
• Mortgage default notices slow sharply in January (AP)
• Oil prices slide on expectation of supply growth (AP)
• IG: IRS not stopping billions improper tax credits (AP)
• Ford sues Ferrari for using F-150 name on race car (Reuters)

S&P 500, Dow erase most losses, Nasdaq up (Reuters) Posted: 10 Feb 2011 09:09 AM PST Reuters - The S&P 500 and Dow erased most losses while the Nasdaq turned positive in late morning on Thursday as investors saw recent weakness in the market as a buying opportunity.

Jobless claims at 2-1/2-year low (Reuters) Posted: 10 Feb 2011 08:06 AM PST Reuters - New U.S. claims for jobless benefits dropped to a 2-1/2-year low last week, pointing to a firming undertone in the labor market as the economic recovery gathers momentum.

Exchange consolidation race heats up (Reuters) Posted: 10 Feb 2011 07:29 AM PST Reuters - Deutsche Boerse and NYSE Euronext's plan to create the world's largest stock and futures exchange has sent competitors around the world scurrying to find partners, accelerating an industry shake-up.

PepsiCo cuts growth goal (Reuters) Posted: 10 Feb 2011 08:29 AM PST Reuters - PepsiCo Inc cut its earnings growth targets for 2011 and beyond on Thursday, citing higher commodity costs, a difficult economy and investments in emerging markets.

Sprint posts first subscriber gain since second quarter, 2007 (Reuters) Posted: 10 Feb 2011 07:31 AM PST Reuters - Sprint Nextel Corp added mobile subscribers for the first quarter in more than three years, sending its shares up 3.2 percent in premarket trading.

Deutsche Boerse, NYSE in talks as merger frenzy grips (Reuters) Posted: 09 Feb 2011 04:34 PM PST Reuters - NEW YORK/FRANKFURT (Reuters) -Deutsche Boerse is in advanced talks to buy NYSE Euronext in a deal that would create the world's largest trading powerhouse and put a bastion of American capitalism into foreign hands.

PepsiCo 4Q net income falls; cuts outlook (AP) Posted: 10 Feb 2011 05:32 AM PST AP - PepsiCo Inc.'s fourth-quarter net income fell 5 percent because of higher costs and cut its earnings forecast on a dim view of the economy.

Philip Morris Int'l 4Q net income rises 15 pct (AP) Posted: 10 Feb 2011 08:59 AM PST AP - Cigarette maker Philip Morris International Inc. says its net income grew 15 percent in the fourth quarter as it sold more cigarettes at higher prices.

Rising bond yield sounds alarm for Portugal (AP) Posted: 10 Feb 2011 06:41 AM PST AP - Uncertainty over Portugal's financial future flared again Thursday when its borrowing rates hit new euro-era records, signaling the government and fellow European leaders have been unable to check the spread of the continent's debt crisis.

Average rate on 30-year mortgage hits 5.05 pct. (AP) Posted: 10 Feb 2011 08:06 AM PST AP - The average rate on the 30-year mortgage topped 5 percent this week for the first time since April. Higher rates could further hamper the struggling housing market ahead of the spring's prime home-buying season

IMF chief backs bigger role for China's yuan (AFP) Posted: 10 Feb 2011 08:01 AM PST AFP - International Monetary Fund chief Dominique Strauss-Kahn on Thursday proposed expanding the IMF's basket of currencies to include China's yuan, in a move he said would promote monetary stability.

China's lunar holiday retail sales surge (AFP) Posted: 10 Feb 2011 02:27 AM PST AFP - China's retail sales for the Lunar New Year holiday surged 19 percent year-on-year in one of the biggest rises in a decade, signalling a surge in domestic consumption, according to state media.

Mortgage default notices slow sharply in January (AP) Posted: 10 Feb 2011 12:41 AM PST AP - Fewer U.S. homes entered the foreclosure process in January than in any month in more than three years, the latest sign lenders are taking longer to move against homeowners who have fallen behind on mortgage payments.

Oil prices slide on expectation of supply growth (AP) Posted: 10 Feb 2011 06:38 AM PST AP - Oil prices are falling slightly on the expectation that crude supplies will continue to grow in the U.S.

IG: IRS not stopping billions improper tax credits (AP) Posted: 09 Feb 2011 03:29 PM PST AP - More than $10 billion a year in tax credits for low-income families go to people who don't qualify for them, and the Internal Revenue Service isn't doing enough to stop them, a government investigator said Wednesday.

Ford sues Ferrari for using F-150 name on race car (Reuters) Posted: 09 Feb 2011 05:30 PM PST Reuters - Ford Motor Co sued luxury automaker Ferrari on Wednesday for trademark infringement after Ferrari named its 2011 Formula 1 racing car the "F150."

You are subscribed to email updates from Yahoo! News: Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610