House prices up 1.3% in May from April in 20 U.S. metro areas, S&P/Case-Shiller data show

Date: Tue, 27 Jul 2010 09:08:18 -0400

House prices up 1.3% in May from April in 20 U.S. metro areas,
S&P/Case-Shiller data show
07/27/2010 09:06:28 AM EDT

Breaking news: BP CEO Hayward to step down Oct. 1

Date: Tue, 27 Jul 2010 00:18:18 -0600

LONDON -- BP says CEO Tony Hayward will step down on Oct. 1. He will
be succeeded by American Robert Dudley.

International Headlines

Date: Tue, 27 Jul 2010 05:02:06 -0400
TOP STORIES as of 0900 GMT -- 27 July, 2010

> HAYWARD OUT AS BP POSTS MASSIVE $17 BILLION LOSS
BP announces beleagured boss Tony Hayward is to step down in
October, as the oil firm details the financial fallout of the
biggest oil spill in U.S. history.

> GREENPEACE TARGETS LONDON BP STATIONS
Greenpeace protesters shut down 10 to 15 BP stations in London
on Tuesday, after the oil company announced its second-quarter
results, BP said.

> BOSNIAN LEADER FACES EXTRADITION RULING
A judge is expected to decide Tuesday whether former Bosnian
leader Ejup Ganic should be extradited to Belgrade.

> AU COMMISSION: SOMALIA NEGLECTED
The lack of a global response to the Somali crisis has created
fertile ground for threats to regional peace in Eastern Africa
and the rest of the continent, the president of the African
Union Commission said Monday.

> LEAKED REPORTS DESCRIBE HORROR OF WAR
What appear to be U.S. reports leaked by a whistleblower website
chronicle in detail the twists, turns and horror of Operating
Enduring Freedom.

> KARZAI: NATO CAUSED 52 CIVILIAN DEATHS
Afghani President Hamid Karzai has slammed a NATO strike that he
said caused 52 civilian deaths. NATO says there is no evidence
of casualties beyond insurgents.

> OBJECTS FLOAT AWAY FROM SPACE STATION
The spacewalk Tuesday was meant to replace a video camera and
update cable connections to a module of the International Space
Station.

> ISRAELI HELICOPTER CRASHES IN ROMANIA
Seven people, including six Israelis, are feared dead after an
Israeli helicopter crashed in Romania on Monday during a joint
military exercise, the Romanian Defense Ministry said.

BUSINESS
~~~~~~~~~~~

> APPLE'S IPAD GOES TO COLLEGE
The iPad is about to have its academic chops put to the test
this fall in a number of programs around the country.

> EU GREEN LIGHT FOR ICELAND ENTRY TALKS
European Union foreign ministers have formally given a green
light for negotiations to begin over Iceland's bid for
membership of the 27-country bloc.

> U.S. LAW TARGETS 'CONFLICT MINERALS' IN CONGO
A new U.S. law aims to ensure that the smart phone glued to your
ear is not helping fund wars in Congo and neighboring countries.

Markets, Monday, 07/26/2010

Date: Mon, 26 Jul 2010 17:32:07 -0400

|---------------------------------------------------------------------------|
| Dow : 10,525.43 up 100.81 | S & P : 1,115.01 up 12.35
|
| NASDAQ: 2,296.43 up 26.96 | Bond (10Y): 2.99% up 0.000
|---------------------------------------------------------------------------|

MARKETS:
Stocks rally on housing, FedEx
Market gains as investors welcome delivery firm's improved outlook and
a rise in new home sales. Dow ends in positive territory for 2010.

BP board to rule on fate of CEO Hayward Monday

Date: Mon, 26 Jul 2010 12:01:00 -0400

BP BOARD TO RULE ON FATE CEO HAYWARD MONDAY
BP will debate the fate of embattled Chief Executive Tony Hayward at a
board meeting this evening but stressed that no final decision has
been made.

U.S. STOCK GAINS HAVE DOW ERASING 2010 LOSSES
U.S. stocks climb for a third session, lifting the Dow industrials
back into positive territory for 2010 after the government reports
new-home sales rose in June and shipper FedEx Corp. hikes its outlook.

S&P 500 ETF MAY BE SENDING BEARISH SIGNAL
Investors are hoping a summer rally will revive their battered stock
portfolios, but the recent action in a key exchange-traded fund
tracking the Standard & Poor's 500 Index suggests a troubling lack of
buyer conviction.

BANKS DRIVE GAINS IN EUROPEAN STOCK MARKETS
Investors take their first chance to react to news that only a handful
of lenders failed the European stress tests.

New home sales rise 23.6% in June to 330,000 annual rate, second-lowest rate since recordkeeping began, government says.

Date: Mon, 26 Jul 2010 10:04:05 -0400

New home sales rise 23.6% in June to 330,000 annual rate,
second-lowest rate since recordkeeping began, government says.

International Headlines

Date: Mon, 26 Jul 2010 05:02:07 -0400
TOP STORIES as of 0900 GMT -- 26 July, 2010

> KHMER ROUGE PRISON CHIEF GUILTY OF GENOCIDE
The Cambodian war crimes tribunal sentences Kaing Guek Eav,
alias Duch, to 35 years in prison for running a notorious
torture prison under the Khmer Rouge.

> LEAKED DOCUMENTS 'SHOCK' AFGHANISTAN
The Afghan government said Monday it was "shocked" as it sifted
through tens of thousands of leaked U.S. military and diplomatic
reports on the war in Afghanistan that a whistleblower website
posted a day earlier.

> IRAQ: SUICIDE BOMBER TARGETS AL-ARABIYA
A suicide car bomb targeted the bureau of al-Arabiya TV in
central Baghdad on Monday, Iraq's interior ministry said.

> BP: NO DECISIONS MADE ON CEO CHANGE
BP said Monday morning that no final decision had been made
regarding changes to the company's management.

> U.S., S. KOREA BEGIN MILITARY DRILLS
Amid heightened tensions with North Korea, the United States and
South Korea on Sunday began joint military exercises.

> FESTIVAL CANCELED AFTER DEATH STAMPEDE
The death toll from the stampede at a German music festival is
now at 19, police in Duisburg, Germany, said Sunday. The number
of people injured when chaos broke out at Saturday's "Love
Parade 2010" has also risen -- to 400, police said.

> SUSPECT IN MEXICO CAR ATTACK ARRESTED
A man who police say was responsible for a fatal car bombing in
Ciudad Juarez, Mexico, that killed three people is in custody,
municipal police said.

> 1 KILLED, 10 WOUNDED IN BANGKOK BLAST
A bomb exploded Sunday in front of a busy shopping area in
Bangkok, Thailand, killing at least one man, authorities said.

BUSINESS
~~~~~~~~~~~

> U.S. LAW TARGETS 'CONFLICT MINERALS' IN CONGO
A new U.S. law aims to ensure that the smart phone glued to your
ear is not helping fund wars in Congo and neighboring countries.

> SEVEN OUT OF 91 BANKS FAIL EU STRESS TESTS
Seven out of 91 European banks have failed an EU-wide test to
determine if they have enough capital to withstand future
potential economic shocks.