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• Wall St. down on rising concerns over Europe (Reuters)
• ECB row, Italy flare on eve of euro rescue summit (Reuters)
• Consumer confidence tumbles, home prices stagnate (Reuters)
• UPS sees higher profits in slow-growing economy (Reuters)
• Netflix plummets on weak outlook, downgrades (Reuters)
• Earnings forecasts look less bright (Reuters)
• Summary Box: UPS 3Q profit rises, backs year view (AP)
• Grand plan to solve euro crisis in doubt (AP)
• Voters with housing woes giving up on politicians (AP)
• Berlusconi on the brink over emergency growth plan (AP)
• Low mortgage rates elude 'underwater' homeowners (AP)
• Gasoline prices could slide another 20 cents (AP)
• Swiss Banks to Pay Billions to U.S., Reveal Thousands of Tax Evaders' Names (ContributorNetwork)
• Two large UAW locals vote for Chrysler contract (Reuters)

Wall St. down on rising concerns over Europe (Reuters) Posted: 25 Oct 2011 08:17 AM PDT Reuters - Stocks fell on Tuesday on news that a meeting by euro zone finance ministers was canceled, adding to doubts about the region's efforts to tackle its debt crisis.

ECB row, Italy flare on eve of euro rescue summit (Reuters) Posted: 25 Oct 2011 07:53 AM PDT Reuters - A new clash over the European Central Bank and political turmoil in Italy kept the euro zone on edge on Tuesday on the eve of a summit meant to confront the currency bloc's worsening sovereign debt crisis.

Consumer confidence tumbles, home prices stagnate (Reuters) Posted: 25 Oct 2011 08:56 AM PDT Reuters - Consumer confidence unexpectedly dropped in October to its lowest level in two-and-a-half years, while housing prices were unchanged at anemic levels in August, data showed on Tuesday.

UPS sees higher profits in slow-growing economy (Reuters) Posted: 25 Oct 2011 08:59 AM PDT Reuters - United Parcel Service reported a higher quarterly profit as increased pricing, cost cutting and technology improvements helped compensate for domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results.

Netflix plummets on weak outlook, downgrades (Reuters) Posted: 25 Oct 2011 08:41 AM PDT Reuters - Shares of one-time Wall Street darling Netflix Inc plunged 34 percent in heavy trading on Tuesday, a day after the battered movie rental company warned of more subscriber defections and mounting costs.

Earnings forecasts look less bright (Reuters) Posted: 23 Oct 2011 02:31 PM PDT Reuters - Prospects for corporate earnings are dimmer in the coming quarters, even though reports so far this quarter have been relatively bright.

Summary Box: UPS 3Q profit rises, backs year view (AP) Posted: 25 Oct 2011 08:21 AM PDT AP - HOLDING STEADY: United Parcel Service Inc., the world's largest package delivery company, said Tuesday that improvement in its supply chain and freight business in the U.S. is offsetting a slowdown in the once red-hot business of shipping gadgets and other expensive goods from Asia. It stuck with its earnings expectations for the full year

Grand plan to solve euro crisis in doubt (AP) Posted: 25 Oct 2011 08:49 AM PDT AP - A grand plan to resolve Europe's escalating debt crisis is once again in doubt after officials decided Tuesday that key parts of the package will not be ready in time for a leaders' summit on Wednesday.

Voters with housing woes giving up on politicians (AP) Posted: 25 Oct 2011 04:12 AM PDT AP - Like just about everyone in the Phoenix area, Jen Pollock has lost several neighbors to foreclosure and short sales. And, like hundreds of thousands of others in Arizona, Pollock and her husband are upside down on their mortgage, owing about twice as much as their suburban house is now worth.

Berlusconi on the brink over emergency growth plan (AP) Posted: 25 Oct 2011 08:01 AM PDT AP - Pressure built on Italy's embattled Premier Silvio Berlusconi as he struggled Tuesday to muster support for an emergency growth plan, which the EU wants within hours and which could cost the tenacious leader his job.

Low mortgage rates elude 'underwater' homeowners (AP) Posted: 25 Oct 2011 03:48 AM PDT AP - Today's record-low mortgage rates are out of reach for millions of U.S. homeowners who would benefit from them most.

Gasoline prices could slide another 20 cents (AP) Posted: 25 Oct 2011 09:02 AM PDT AP - Retail gasoline prices have dropped about 50 cents a gallon since the spring, and motorists could see them slide another 20 cents before the end of the year.

Swiss Banks to Pay Billions to U.S., Reveal Thousands of Tax Evaders' Names (ContributorNetwork) Posted: 24 Oct 2011 04:36 PM PDT ContributorNetwork - Swiss banks are planning to reveal the names of thousands of American tax evaders who keep secret accounts with them overseas, reports Bloomberg.com. Revealing the names, in addition to handing over billions of dollars, is supposed to settle the increasing problem of offshore tax evasion by U.S. residents.

Two large UAW locals vote for Chrysler contract (Reuters) Posted: 24 Oct 2011 05:18 PM PDT Reuters - Workers at two of Chrysler Group LLC's largest plants voted to approve a tentative four-year labor contract between the company and the United Auto Workers union, a union official said on Monday.

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