Archive for January 8th, 2013

Wall Street slips as earnings season gets under way

January 8, 2013
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NEW YORK (Reuters) – Stocks fell on Tuesday, retreating from last week’s rally on the “fiscal cliff” deal in Washington, as companies started to report results for the fourth quarter.
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Alcoa earnings as expected, revenue tops forecasts

January 8, 2013
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NEW YORK (AP) — Alcoa Inc. said Tuesday that fourth-quarter earnings met Wall Street’s expectations, and it sees slightly higher demand for aluminum this year.
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Evidence expected on Holmes’ booby-trapped apartment

January 8, 2013
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Prosecutors are expected to present witness testimony from FBI and ATF agents regarding accused Aurora gunman James Holmes’ booby trapped apartment and the disarming of explosives today, on the second day of his preliminary hearing.
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McChrystal: ‘serious action’ needed on gun control

January 8, 2013
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Retired Gen. Stanley McChrystal said he supports gun control. Speaking on MSNBC’s “Morning Joe,” the former commander of U.S. forces in Afghanistan said some weapons should be carried only by soldiers, not civilians.
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Wall Street dips as earnings season begins

January 8, 2013
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NEW YORK (Reuters) – U.S. stocks fell on Tuesday at the start of an earnings season that is expected to show sluggish corporate growth.
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Stocks mostly lower on Wall Street; Yum plunges

January 8, 2013
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Stocks mostly lower on Wall Street; Yum plunges

Stocks are opening mostly lower on Wall Street as investors get ready for the beginning of corporate earnings season.
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Afghan peace efforts show flickers of life

January 8, 2013
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WASHINGTON/ISLAMABAD (Reuters) – President Barack Obama and Afghan President Hamid Karzai will discuss matters of war, including future U.S. troop levels and Afghanistan‘s army, when they meet on Friday, but matters of peace may be the most delicate item on their long agenda.
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Families of Colo. theatre shooting victims listen as police describe trying to save wounded

January 8, 2013
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CENTENNIAL, Colo. – There was plenty of horror in the courtroom as Aurora police officers gave detailed accounts of the grim scene after a gunman killed 12 and wounded dozens others during a July rampage at a packed movie theatre.
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Asia stocks down ahead of US corporate earnings

January 8, 2013
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BANGKOK (AP) — Asian stock markets headed lower Tuesday as investors turned cautious before U.S. earnings season kicks off this week.
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Asian shares fall on caution before earnings reports

January 8, 2013
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TOKYO (Reuters) – Asian shares fell on Tuesday as investors turned cautious after the new year’s rallies, with corporate earnings season for the last quarter of 2012 looming and the European Central Bank‘s policy meeting due later in the week.
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