NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...
Jan
20
Wall Street Week Ahead: Earnings, money flows to push stocks higher
Label: Business
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Veteran jihadist claims bloody Algeria siege for al Qaeda
Label: WorldALGIERS/IN AMENAS, Algeria (Reuters) - A veteran Islamist fighter claimed responsibility on behalf of al Qaeda for the Algerian hostage crisis, a regional website reported on Sunday, tying the bloody desert siege to France's intervention across the Sahara in Mali. Algeria said it expected to raise its preliminary death tolls of 23 hostages and 32 militants killed in the four-day siege...
Google says Wall Street estimates need adjusting
Label: TechnologySAN FRANCISCO (Reuters) – Google Inc issued a rare advisory to Wall Street on Friday that analyst estimates for its fourth quarter financial results are flawed.The world’s No.1 search engine, which reports its quarterly results on Tuesday, said most analysts have not adjusted their estimates to reflect the pending $ 2.35 billion sale of the Motorola Home business.The business must be presented separately...
Allison Williams of Girls: I'm Nothing Like Marnie, But I Root for Her
Label: Lifestyle TV Watch By Tim Nudd 01/20/2013 at 11:15 AM EST Allison Williams wouldn't masturbate in a public restroom. But that's not the only difference between her and Marnie Michaels, the character she plays on HBO's hit comedy Girls. "There were moments reading the script that I thought, 'WOW, okay!' " the actress, 24,...
Flu season fuels debate over paid sick time laws
Label: HealthNEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home...
Jan
19
Wall Street Week Ahead: Earnings, money flows to push stocks higher
Label: BusinessNEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...
Algerian army stages "final assault" on gas plant
Label: WorldALGIERS/IN AMENAS, Algeria (Reuters) - The Algerian army on Saturday carried out a final assault on al Qaeda-linked gunmen holed up in a desert gas plant, killing 11 of the Islamists after they took the lives of seven more foreign hostages, a local source and the state news agency said. "It is over now, the assault is over, and the military are inside the plant clearing it of mines,"...
Social media dispute resolution stumps some companies
Label: Technology(Reuters) – If HBO cuts out on you in the middle of the latest “Girls” episode, and you have Charter Communications Inc as your cable provider, don’t try tweeting your dismay to their customer service department. Nobody will hear your lament.Charter, the fourth largest cable provider in the U.S. with 5.2 million customers across 25 states, closed up its social-media based customer service team in...
Rob Lowe Acquits Himself Nicely in Lifetime's Prosecuting Casey Anthony (Review)
Label: Lifestyle TV Watch By PEOPLE TV Critic Tom Gliatto 01/19/2013 at 11:45 AM EST Rob Lowe in Prosecuting Casey Anthony Allen Fraser/Lifetime When last we saw Rob Lowe in a Lifetime movie, he was playing murderer Drew Peterson with a sandy mustache that...
Lilly drug chosen for Alzheimer's prevention study
Label: HealthResearchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.Earlier studies found it did not help people with moderate...
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