• US Leading Indicators, Factory gauge climb in evidence slump is easing.
  • New York City's unemployment rate climbs to 9%; 361,000 are jobless, highest since '93.
  • Air France-KLM may need to cut a further 3,000 jobs says CEO.
  • Apple Inc. shares have climbed 59 percent since Jobs take on leave.
  • Dongfeng Motor., China's third-largest automaker, will partner with Detroit Electric Holdings.
  • GE objects bank separation plan but favors broad regulator.
  • Abraxas Petroleum and Abraxas Energy Partners, L.P. announce merger intention.
  • Alcatel-Lucent to form a 10-yr global alliance with HP, to help customers leverage convergence of telecom and IT.
  • Carnival Corp.'s Q2 net falls 33% to $264M. Revs down 12% at $2.95B. Sees Y09 EPS at $2.0-2.10 (prev $2.10-2.30).
  • Discover Fincl Srvcs' Q2 net drops 3.6% to $225.8M, but better than expected.
  • Fifth Third received $696.2M of depositary shares in exchange for 60.1M common shares and $229.8M in cash.
  • GM will keep 60 US dealerships previously slated for closure.
  • Intel bought 25 million shares in Imagination Technologies Group Plc.
  • JM Smucker's Q4 net more than doubled to $94.3M, revs up 81% at $1.07B, aided by acquisitions.
  • John Wiley's Q4 profit down 16% at $24.5M, revs down 6.7% at $403.4M.
  • Pier 1 Imports swung to Q1 profit of $29.3M on a $48M gain from repurchase of debt.
  • Porsche nine-month revenue fell 15 percent.
  • RIM's Q1 net rises 33.4% to $643M; revs up 52.6% at $3.42B.
  • Total SA, Europe's third-biggest oil company, 900 contract workers have been fired at its Lindsey oil refinery in northern England after walkout
  • Toyota Motor Corp. got 180,000 orders for the new Prius hybrid in Japan in just a month.
  • Winnebago swung to a wider-than-expected Q3 loss, as revs fell 64% to $50.8M.

Earnings Calendar: FMCN, KMX.


Companies to watch: Abraxas Petroleum, Alcatel-Lucent, CarMax, Carnival Corp., Fifth Third, Pier 1 Imports, RIM, Winnebago.


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Data provided by: Egan-Jones Ratings And Analytics