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Sunday, May 15, 2011

Stock Tips & News

Top News*


By Hibah Yousuf May 15, 2011: 8:53 AM ET NEW YORK (CNNMoney) -- Investors have hunkered down in defensive mode and that trend will continue in the week ahead, which includes a smattering of economic data and the minutes 


By JOHN M. BRODER WASHINGTON - President Obama, facing voter anger over high gasoline prices and complaints from Republicans and business leaders that his policies are restricting the development of domestic energy resources, 


By Steven Russolillo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Yahoo Inc.'s (YHOO) loss of Alipay ownership raises a slew of questions regarding the Internet company's handling of the situation--mainly what did it know 


By Jessica Wohl CHICAGO (Reuters) - Wal-Mart Stores Inc (WMT.N) is testing smaller stores in both inner cities and rural settings as it hopes to reach new customers even while trying to stem a slide in sales at existing US stores.


By Inyoung Hwang - Fri May 13 20:57:19 GMT 2011 Traders work on the floor of the New York Stock Exchange in New York. Photographer: Jin Lee/Bloomberg May 13 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the 


*Google Finance

The Washington Post
Tax debate causes rifts among Democrats
Democrats are squabbling on whether the party risks going overboard in its embrace of tax increases — a perilous proposition for lawmakers who must face re-election.
(By Peter Wallsten)
Fox parent to post political donations after flap over contribution related to Ohio governor
COLUMBUS, Ohio — The directors of media conglomerate News Corp., the owner of Fox News Channel, have quietly put in place a policy to disclose corporate political donations on the company’s website.
( Associated Press Associated Press , AP)

Trustees say Medicare, Social Security finances have worsened; Medicare to be broke by 2024
WASHINGTON — The bad economy is worsening the already-shaky finances of Medicare and Social Security, draining the trust funds supporting them faster than expected and intensifying the need for Congress to shore up the massive benefit programs, the government said Friday.
( Associated Press Associated Press , AP)
Gingrich says 2012 election is most important since 1860; calls Obama "food stamp" president
MACON, Ga. — Republican Newt Gingrich told a Georgia audience on Friday evening that the 2012 presidential election is the most consequential since the 1860 race that elected Abraham Lincoln to the White House and was soon followed by the Civil War.
( Associated Press Associated Press , AP)
D.C. area foreclosures decline
The number of homes that entered foreclosure is down by 56 percent.
( by Dina ElBoghdady and Dan Keating , The Washington Post)





BUSINESS DAY


The major indexes fell Friday after some disappointing earnings reports and concerns about Europe’s debt crisis. 

Health Insurers Making Record Profits as Many Postpone Care

By REED ABELSON
Companies continue to press for higher premiums, saying they need protection against any sudden uptick in demand once people have more money to spend on their health.

Recovery Seen in Rising Use of Credit Cards

By CHRISTINE HAUSER
Consumers have been constrained by the housing crisis, a weak job market and high energy prices, but economists now are cautiously forecasting a turnaround in spending.

Former S.E.C. Official Said to Be Subject of Criminal Inquiry

By EDWARD WYATT
Federal criminal authorities are investigating whether a former securities regulator inappropriately represented Allen Stanford, the indicted Texas financier, after leaving the S.E.C.





Business This Week





» The Galleon trial: Guilty as charged
MarketWatch

  • Medicare, Social Security financial outlook worsens
  • Save money on gas with credit cards
  • Protect your gold, silver, oil from margin hikes
  • Invest in trust deeds, not companies pitching them
  • Why Apple is going to $2,000

    Cody Willard makes his case for Apple at $2,000 and explains why it could be the first $2 trillion company in market cap.
     Watch Video Report

  • A smartphone the size of a credit card

    For its first out-of-the-gate smartphone since acquiring Palm, Hewlett-Packard Co. is starting small. Really small. Katherine Boehret joins digits with her Digital Solution.
     Watch Video Report

  • How to react to global crises: Be prepared

    For investors, there's no way to escape global crises but there are ways to protect your portfolio from them. Veteran money managers at a MarketWatch Investing Insights event share their strategies for preparing for the next black swan.
     Watch Video Report.

  • Housing markets back in the basement

    The U.S. housing market's 1Q 2011 decline was the steepest in three years. Additionally, a Zillow.com survey indicates nearly 30% of borrowers owe more than their homes are worth. Nick Timiraos reports.
     Watch Video Report.
  • Why investors don't like Microsoft-Skype deal

    Shira Ovide visits the Digits show to explain Microsoft's movement on the heels of the MSFT-Skype acquisition announcement.
     Watch Video Report.
  • Insights into gold, commodities investing

    At a MarketWatch Investing Insights live event, money managers point to strengths and weaknesses in gold, silver and other commodities.
     Watch Video Report

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