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Moody's cuts Trump Entertainment Resorts rating (AP)

Moody's Investors Service cut Trump Entertainment Resorts Holdings LP's probability of default rating, citing the company's decision to delay a scheduled interest payment on some notes.

Stock futures regain momentum ahead of data (AP)

Wall Street headed for a moderately higher open Tuesday, regaining its upward momentum ahead of a fresh round of readings on the service sector, factory orders and pending home sales.

Ahead of the Bell: ISM services index (AP)

A measure of the U.S. services sector in December is expected to fall slightly from November's reading. Its sister manufacturing index last week hit a 28-year low.

Ahead of the Bell: Pending Home Sales (AP)

The November reading of an index that tracks pending U.S. home sales is forecast to fall for the third straight month as buyers held off on home purchases while the stock market sank and the economy worsened.

Stock futures point to higher Wall Street open (Reuters)

Stock futures pointed to a firmer Wall Street start on Tuesday, with futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 up 0.4 to 0.5 percent at 5:20 a.m.

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Ukraine gas official: Talks to resume (AP)

The head of Ukraine's gas company Naftogaz says talks on resolving the gas dispute with Russia will resume Thursday. Oleh Dubina announced Tuesday that he will travel to Moscow.

Dow Chemical to pursue legal action against Kuwait (Reuters)

Dow Chemical Co said on Tuesday that it would pursue legal and other options to fulfill rights under its agreement with Petrochemical Industries Co of Kuwait.

Legal battle in Dow-Kuwaiti deal on the way (AP)

Dow Chemical says it will pursue legal action against a state-owned Kuwaiti company that pulled out of a joint venture agreement a week ago, and is already in talks to revive the deal with another partner.

Macrovision sells TV Guide assets to Lions Gate (AP)

Macrovision Solutions Corp. has canceled its deal to sell the TV Guide Network and TVGuide.com for $255 million to Allen Shapiro and One Equity Partners, and will instead sell them to movie studio Lions Gate Entertainment Corp. for the same price but better terms.

Stock futures regain momentum ahead of data (AP)

Wall Street headed for a moderately higher open Tuesday, regaining its upward momentum ahead of a fresh round of readings on the service sector, factory orders and pending home sales.

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Government intervention and the credit crisis: The good news and the bad news

BloggingStocks: Equity markets in the United States and across the world rose Thursday and this morning as the Federal Reserve and the other major central banks injected billions of dollars into the global financial system in an unprecedented move to stabilize the... Read moreFiled under: Before the bell, Major movement, Deals, Good news, Bad news, Market matters, Money and Finance Today, Economic data, Politics, Headline news, Federal Reserve, Recession



The bailout of Fannie and Freddie: Temporary relief but a real solution would be much better!

BloggingStocks: Secretary of the Treasury Henry Paulson announced over the weekend that Fannie Mae and Freddie Mac are being placed into conservatorship. The government is injecting capital into the entities and assuming responsibility for the senior debt. It also... Read moreFiled under: Major movement, Good news, Money and Finance Today, Federal Natl Mtge (FNM), Economic data, Headline news, Federal Reserve, Recession



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