Reuters: A tech alliance between China and Taiwas is hurting Korea.
Reuters: Spple (AAPL) easily beat forecasts.
Reuters: CIT (CIT) still faces a number of financial challenges.
Reuters: Yahoo!’s (YHOO) outlook was below expectations.
Reuters: Bernanke says unemployment could hurt the recovery.
Reuters: IBM (IBM) strengthened its alliance with Juniper (JNPR).
Reuters: LG profits moved up on TV and handset sales.
Reuters: UAL (UAUA) and Continental (CAL) posted weak results.
Reuters: Investors are looking at small biotechs after the success of Human Genome.
WSJ: Two arbitration firms will stop hearing credit card disputes which will hurt the industry and cellphone firms.
WSJ: P&G (PG) is closer to selling its drug unit.
WSJ: Bernanke told Congress that the deficit is becoming a larger danger.
WSJ: Charles Haldeman became CEO of Freddie Mac (FRE).
WSJ: S&P reversed ratings on mortgage bonds back by commercial property one week after its initial opinion.
WSJ: Southwest Air (LUV) turned a profit.
WSJ: Starbucks (SBUX) posted an impressive profit.
WSJ: Cisco (CSCO) and HP (HPQ) are competing in the video conferencing business.
WSJ: Microsoft (MSFT) ended a vendor financing deal with CIT (CIT).
WSJ: Developers Diversified Realty is preparing TALF deals.
WSJ: Wells Fargo (WFC) is developing capital problems.
WSJ: Calpers had its worst year, down 23%.
WSJ: Google (GOOG) has a cease fire with Apple (AAPL), but not Microsoft (MSFT).
WSJ: A bright future in Macau prompted stock sales plans by Wynn (WYNN) and Sands.
WSJ: The net at Coke (KO) was helped by India and China.
NYT: Biologic drugs are sparking a debate over how quickly copycat products can be marketed.
FT: China will deploy some of its $2 trillion in foreign reserves overseas to support its expansion overseas and aid Chinese companies in buying foreign assets.
FT: BlackRock’s (BLK) CEO attacked Wall St. trading profits.
FT: US ratings agencies appear to have dodged a forced overhaul.
FT: A settlement of California’s deficit fight could push the state further into recession.
Bloomberg: A survey gave Bernanke top ranking among central bank chiefs for handling the credit crisis.
Bloomberg: Investors are taking on more risk with a preference for putting money into Asia.
Douglas A. McIntyre
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