- Asia stocks rise on speculation Bank of Japan will ease policy.
- Builders in Feb probably broke ground on the fewest U.S. homes since October.
- China plans to keep its foreign trade policies, including the yuan exchange rate, stable.
- China, Japan reduce holdings of US Treasury debt as global demand wanes.
- China plans to keep its foreign trade policies, including the yuan exchange rate, stable.
- Continental Airlines Inc. will start charging for food for economy-class
- Crude oil trades below $80 after Dollar gains, driving down commodities.
- EU Ministers lay groundwork for lifeline to Greece, deny threat of default.
- Fed weighs how and when to signal higher rates.
- AIG raised $452M through the sale of 8.5M shares of Transatlantic Holdings.
- Ameren announces plans to reorganize Illinois Utilities.
- Boston Scientific Corp. plans to pull certain models of defibrillators off shelves.
- Chinese battery and car maker BYD to boost capex 59% in 2010 to expand its production.
- Consol Energy to pay $3.48B cash to buy Appalachian E&P business of Dominion Resources.
- Genpact to sell 28M shares; expects sales of $285-290M in the current quarter.
- Google's China internet license may expire this month amid pullout concern
- Limited Brands to pay special dividend of $1/sh; board approves new $200M buyback program.
- Munich Re and Berkshire among reinsurers with gains in policyholders' surplus
- Orascom Telecom Q4 net loss at $46M on Algeria, Pakistan tax costs.
- Rio Tinto, Chinalco to jointly develop Simandou iron-ore project in Guinea.
- Sony, Michael Jackson's estate sign recording deal valued at $250M for 10 albums over 7 years.
Economic Calendar: Data on Building Permits, Housing Starts to be released today.
Earnings Calendar: ABK, AIR, AKRX, ALOT, APP, ATSC, CIT, DB, DFS, DNE, EM, IVAN, XRIT.
RECENT RATING ACTIONS
NORTHROP GRUMMAN CORP (NOC)
ACCO BRANDS CORP (ABD)
BOSTON SCIENTIFIC CORP (BSX)
DOMINION RESOURCES INC/VA (D)
CONSOL ENERGY INC (CNX)
PEPSI BOTTLING GROUP INC (PBG)
PEPSICO INC/NC (PEP)
PHILLIPS-VAN HEUSEN CORP (PVH)
PANTRY INC/THE (PTRY)
STATE STREET CORP (STT)
SMITHFIELD FOODS INC (SFD)
KEYCORP (KEY)
Data provided by Egan-Jones Ratings and Analytics