Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...

Read More..

Algeria ends desert siege, but dozens killed

ALGIERS (Reuters) - Algerian forces stormed a desert gas complex to free hundreds of hostages but 30, including several Westerners, were killed in the assault along with at least 11 of their Islamist captors, an Algerian security source told Reuters. Western leaders whose compatriots were being held did little to disguise their irritation at being kept in the dark by Algeria before the...

Read More..

The aggressively priced Lumia 620 is Nokia’s make or break model

Nokia (NOK) has started pricing the Lumia 620 in Asia nearly 20% below the rival Windows mid-market model, the HTC (2498) 8S. This is remarkably aggressive considering the 620 has a higher pixel density and twice as much internal memory. The 620 is the keystone phone for Nokia. It is launching before RIM (RIMM) gets its new budget BlackBerry phones out and before Samsung (005930) or LG (066570) enter...

Read More..

See Personal Pics of Rosie O'Donnell's Daughter Dakota

After welcoming her fifth child, the comedian gives fans an intimate glimpse into her mommy joy in a series of personal photos Credit: Courtesy of Rosie O'Donnell Updated: Thursday Jan 17, 2013 | 12:00 PM EST By: Shanelle Rein-Olowokere Subscribe Now ...

Read More..

Housing, job data push S&P to five-year high; Intel down late

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...

Read More..

Sahara Islamists take hostages, spreading Mali war

ALGIERS/BAMAKO (Reuters) - Islamist fighters seized dozens of Western and Algerian hostages in a dawn raid on a natural gas facility deep in the Sahara on Wednesday and demanded France halt a new offensive against rebels in neighboring Mali. Three people, among them one British and one French, were reported killed, but details were sketchy and numbers of those held at Tigantourine ranged...

Read More..

NVIDIA’s ‘Project SHIELD’ Console Faces Three Challenges

Despite being announced at last week’s Consumer Electronics Show, NVIDIA’s Project SHIELD isn’t the first game-console-in-a-controller to be announced this year. That honor goes to the GameStick, an indie project being funded on Kickstarter. As relative newcomers to the gaming scene, GameStick‘s creators face an uphill battle for acceptance, from both potential buyers and game developers.But despite...

Read More..

Connie Britton Has the 'Most Incredible Kid'

Mom & Babies Celebrity Baby Blog 01/16/2013 at 09:00 AM ET Jon Kopaloff/Filmmagic Motherhood makes Connie Britton the happiest she’s ever been.“I have the most incredible kid [2-year-old son Yoby] and we’re having a great time,” the Nashville star, 45, told PEOPLE on Sunday at the Golden Globe Awards...

Read More..

S&P 500 ends flat as bank profits temper growth concerns

NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...

Read More..

France to stay in Mali until stability restored

BAMAKO/DUBAI (Reuters) - France pledged on Tuesday to keep troops in Mali until stability returned to the West African country, raising the specter of a long campaign against al Qaeda-linked rebels who held their ground despite a fifth day of air strikes. Paris has poured hundreds of soldiers into Mali and carried out 50 bombing raids since Friday in the Islamist-controlled northern half...

Read More..