Calendar of business events set for Wednesday (AP)
Major business events and economic events scheduled for Wednesday: WASHINGTON -- Commerce Department releases new home sales for January, 10 a.m. EST
Can Wal-Mart beat the tech giants? No
Wal-Mart is trying yet again to prove that it can compete with the big boys in Silicon Valley.
The boy who cried housing recovery!
Lowe's reported a better-than-expected profit for the fourth quarter on Monday, and the nation's second-largest home-improvement retailer indicated that 2010 would be a better year for the housing market.
Penney, Dell, Huntsman, Intuit are big movers (AP)
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Smith International Inc., up $4.35 at $37.70
London Fashion Week mourns a star's passing (AP)
The opening of London Fashion Week on Friday was darkened by the giant shadow cast by the death of Alexander McQueen, long the enigmatic toast of the London fashion world.
Stocks edge up but rate worries linger (Reuters)
U.S. stocks rose on Friday as investors took the Federal Reserve's discount rate increase as evidence the financial system is healing but worried the eventual withdrawal of easy money will hurt Wall Street.
Metals, energy lead commodities higher (AP)
Metal and energy prices led a broad rally in commodities Friday after the dollar retreated from its highest levels of the day.
Eastern American Natural Gas Trust Announces Quarterly Distribution (Business Wire)
AUSTIN, Texas----EASTERN AMERICAN NATURAL GAS TRUST announced today that its Distribution Amount per Unit for the quarter ended December 31, 2009 is $.2644 per Depository Unit. Based on the amount of Distributable Income for the quarter, the Trust anticipates that it will make a cash distribution on or before March 15, 2010 of $.2644 per Depository Unit to holders of record as of the close of business on February 28, 2010.
Farm Credit System Reports Net Income of $2.850 Billion for 2009 (Business Wire)
NEW YORK----The Farm Credit System today reported combined net income of $2.850 billion for the year ended December 31, 2009, as compared with combined net income of $2.916 billion for the prior year.
Morningstar Volatility Report for February 19, 2010 (Morningstar.com)
Uncertainty glides down throughout the week to its long-term average.