Yahoo! News: Health News

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• S&P reaches 7-month high before hitting wall (Reuters)
• Greece battles to salvage bailout package (Reuters)
• Kellogg to buy Pringles from P&G for $2.7 billion (Reuters)
• World Bank's Zoellick to step down June 30 (Reuters)
• Manufacturing, housing data flag underlying strength (Reuters)
• Summary Box: Hot homebuilders stocks worth a look (AP)
• First Lady to visit Pentagon (AP)
• Summary Box: BNP Paribas 4Q profit falls by 50 pct (AP)
• Anaysis: Thinking backwards, Merkel hits her stride (Reuters)
• Mortgage applications down as purchase demand falls (Reuters)
• Euro countries voice doubts over Greek bailout (AP)
• Hedge funds see treasure in new public players (Reuters)
• House panel wants session with ex-Countrywide CEO (AP)
• Oil prices climb as Iran stops exports to Europe (AP)
• Lawmakers move to cusp of deal on payroll tax cut (AP)
• Lexus tops as survey finds more auto dependability (AP)

S&P reaches 7-month high before hitting wall (Reuters) Posted: 15 Feb 2012 08:26 AM PST Reuters - The S&P 500 index hit a fresh 7-month high before giving up some gains on Wednesday after mixed data on the U.S. economy and news of a possible delay in Greece's bailout.

Greece battles to salvage bailout package (Reuters) Posted: 15 Feb 2012 07:06 AM PST Reuters - Greece's leaders battled to salvage a new 130-billion-euro ($170 billion) EU/IMF bailout on Wednesday, rejecting doubts over their commitment to a punishing austerity package just hours before a conference call of euro zone finance ministers.

Kellogg to buy Pringles from P&G for $2.7 billion (Reuters) Posted: 15 Feb 2012 08:41 AM PST Reuters - Kellogg Co agreed to buy Pringles potato chips from Procter & Gamble Co for $2.7 billion in a cash deal that will nearly triple the cereal maker's international snack business.

World Bank's Zoellick to step down June 30 (Reuters) Posted: 15 Feb 2012 07:47 AM PST Reuters - World Bank President Robert Zoellick said on Wednesday he plans to step down when his term ends on June 30, raising questions whether the United States will insist on holding on to a job that has always gone to an American.

Manufacturing, housing data flag underlying strength (Reuters) Posted: 15 Feb 2012 09:15 AM PST Reuters - U.S. manufacturing output rose solidly in January and a gauge of factory activity in New York state hit a 1-1/2-year high in February, showing a solid underpinning for the economic recovery.

Summary Box: Hot homebuilders stocks worth a look (AP) Posted: 13 Feb 2012 01:34 PM PST AP - ROARING RALLY: In anticipation of the spring home-selling season, the Standard & Poor's homebuilders index has surged 60 percent in four months.

First Lady to visit Pentagon (AP) Posted: 15 Feb 2012 05:30 AM PST AP - First lady Michelle Obama is planning a visit to the Pentagon to promote more help for military spouses who often suffer higher unemployment than others because they move so much.

Summary Box: BNP Paribas 4Q profit falls by 50 pct (AP) Posted: 15 Feb 2012 09:20 AM PST AP - PROFIT DROPS: Paris-based bank BNP Paribas posted a 50 percent drop in its fourth-quarter profit, weighed by the European financial crisis.

Anaysis: Thinking backwards, Merkel hits her stride (Reuters) Posted: 15 Feb 2012 08:45 AM PST Reuters - Angela Merkel has come under fire in Europe for failing to provide leadership in the euro zone crisis, but at home she is now riding a tidal wave of popularity that would make her fellow leaders envious.

Mortgage applications down as purchase demand falls (Reuters) Posted: 15 Feb 2012 04:11 AM PST Reuters - Applications for home mortgages slipped last week, pulled lower by a steep drop in demand for home purchases, an industry group said on Wednesday.

Euro countries voice doubts over Greek bailout (AP) Posted: 15 Feb 2012 07:35 AM PST AP - Some eurozone countries have strong doubts over whether a second massive bailout can actually save Greece, officials said Wednesday, even as Athens rushed to meet tough conditions to qualify for the euro130 billion ($170 billion) rescue.

Hedge funds see treasure in new public players (Reuters) Posted: 14 Feb 2012 04:33 PM PST Reuters - Hedge fund managers bought shares of several of last year's hot IPOs in the fourth quarter, including upscale retailer Michael Kors and online networking site LinkedIn .

House panel wants session with ex-Countrywide CEO (AP) Posted: 15 Feb 2012 08:27 AM PST AP - A House committee wants to interview the former Countrywide Financial CEO in its investigation of discount mortgages given to members of Congress and other government officials.

Oil prices climb as Iran stops exports to Europe (AP) Posted: 15 Feb 2012 08:43 AM PST AP - Oil prices are climbing after Iran said it will cut off crude exports to Europe in retaliation for a planned embargo later this year.

Lawmakers move to cusp of deal on payroll tax cut (AP) Posted: 15 Feb 2012 12:15 AM PST AP - Congressional leaders are gauging lawmakers' reactions to a tentative deal extending a 2 percentage-point payroll tax cut and added unemployment benefits for the rest of 2012.

Lexus tops as survey finds more auto dependability (AP) Posted: 15 Feb 2012 08:43 AM PST AP - Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.

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