Energy: BP's grand milestone in the Gulf

Date: 4 AUG 2010 20:19:05 GMT

One-hundred and seven days after bursting on the scene, BP's runaway
well off Louisiana finally has been pronounced dead, stuffed with
heavy drilling mud.

Could the government create a backdoor stimulus?

Date: Wed, 04 Aug 2010 12:00:49 -0400

Could the government create a backdoor stimulus?
An idea that could create a massive refinance wave -- and a back-door
stimulus program to boost consumer spending -- is generating debate
among investment bank analysts in New York and in Washington policy
circles.

UPDATES, ADVISORIES AND SURPRISES
A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.

TIME WARNER PROFIT UP 7% ON AD SALES, BOX OFFICE
Quarterly profit rises on improved advertising sales at its
cable-television networks and box-office proceeds from "Clash of the
Titans" and "Sex and the City 2."

TIME WARNER: SO FAR, SO GOOD
It seems hard to believe that Time Warner Inc. is one of the most
boring media giants around.

AOL LOSES $1.1 BILLION ON RESTRUCTURING COSTS
The New York-based Web service firm's quarterly loss includes a
goodwill impairment charge of $1.4 billion.

ISM's U.S. services-sector gauge strengthens in July; stocks react positively

Date: Wed, 04 Aug 2010 10:07:35 -0400

ISM's U.S. services-sector gauge strengthens in July; stocks react positively
08/04/2010 10:05:48 AM EDT

Private sector payrolls rise by 42,000 in July, payroll processor ADP says; increase is less than economists expect

Date: Wed, 4 Aug 2010 08:18:07 -0400

Private sector payrolls rise by 42,000 in July, payroll processor ADP
says; increase is less than economists expect

Breaking news: BP says 'desired outcome' reached in 'static kill'

Date: Wed, 04 Aug 2010 02:25:27 -0600

BP says it has reached the "desired outcome" in a procedure in which
it pumped mud down the throat of the blown-out well that is leaking in
the Gulf of Mexico.

Markets, Tuesday, 08/3/2010

Date: Tue, 3 Aug 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,636.38 down 38.00 | S & P : 1,120.46 down 5.40
|
| NASDAQ: 2,283.52 down 11.84 | Bond (10Y): 2.91% down 0.049
|----------------------------------------------------------------------------|

MARKETS:
Stocks finish with a pullback
Investors pause a day after a big rally. Mixed earnings reports and
flat consumer spending, income data weigh on the market.

Savings rate at highest level in a year

Date: Tue, 03 Aug 2010 12:00:57 -0400

SAVING RATE AT HIGHEST LEVEL IN A YEAR
The June incomes and spending report comes in slightly weaker than
economists had expected. Savings on the upswing. See full story.

TWO-YEAR TREASURY YIELDS FALL TO RECORD LOW
Treasury prices rose on Tuesday, pushing yields on 2-year notes to a
record low, after a published report saying the Federal Reserve may
buy more debt.

GM SALES SEE BIG REBOUND IN JULY
General Motors says combined July sales for Chevrolet, Buick, GMC and
Cadillac jumped 25%.

BMW'S QUARTERLY PROFIT SURGES ON STRONG SALES
Second-quarter profit at German car maker BMW surges and beats analyst
estimates, as the global economic recovery stimulates customers'
appetite for luxury cars.

LAWSUIT ALLEGES TOYOTA KNEW OF ACCELERATION ISSUES
A federal lawsuit reportedly alleges Toyota Motor Corp. knew its
vehicles with electronic throttles were more likely to experience
sudden acceleration that those without the system.