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Genentech Q4 profit rises 47%, yet non-GAAP EPS misses estimate; warns of FY09 outlook - update
Biotechnology company Genentech Inc., Thursday announced that fourth quarter profit increased by 47% over last year, boosted by significant product sales. However, the company's quarterly earnings per share, excluding items, missed the Street expectations. Further, the company provided earnings forecast for fiscal 2009 below consensus, saying that there are a large number of business uncertainties that make it a difficult year to forecast.
RTT News

Home Federal Bancorp, Inc. Announces Preliminary First Quarter Results
NAMPA, ID--(Marketwire - January 15, 2009) - Home Federal Bancorp, Inc. (the 'Company')(NASDAQ: HOME), the parent company of Home Federal Bank (the 'Bank'), todayannounced preliminary results for the Company's first quarter operations,which ended December 31, 2008. The Company plans to release its results ofoperations for the quarter ended December 31, 2008, after the market closeson January 30, 2009. The following provides management's estimates incertain areas given the current economic environment and conditions basedupon information known to date. Actual results may differ from theseestimates since management has not completed all quarterly analyses andprocedures required under the Company's financial reporting processes forpreparing quarterly financial statements.
Marketwire

For BofA, nothing fair about Merrill deal
Bank of America's reported plea for more federal help has dealt another black eye to both the entire banking sector and the badly bruised financial advisory business.
CNN Money

South West Trains is set to axe 480 workers
South West Trains today brought the number of job cuts announced this week to total 8,630 after it announced plans to axe 480 staff including managers and adminsitrative staff.
Telegraph

MUFG Plans Write-Downs on Securities
Mitsubishi UFJ Financial Group will write down the value of its securities portfolio by about $3.2 billion.
Wall Street Journal

Bridgewater Equity: BridgewaterEquity.com Free Fundamental Sector & Market Research on FCX, LVS and MO
LONDON (MARKET WIRE) BridgewaterEquity.com inspires to bring the best from the internet under one roof, providing you with a one click option to view what the market, researchers and financial pundits worldwide have to say about any particular large cap stocks in any given financial environment. We have a large pool of in-house financial professionals, a wide array of research platforms and a dedicated team that combined would bring enhanced knowledge and first-hand information that would help you manage your understanding of the market. It will take you a few minutes, if not less, to cross the bridge to our
Market Wire

BMJ Financial: BenchmarkJournal.com (Complimentary) Analyst Review for SHO, NOK, SIRI and SSCC
LONDON (MARKET WIRE) Benchmark Journal brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Once you register as a free member to www.benchmarkjournal.com, you will be granted full access to our site, including sector analysis and company analysis. Our company profiles will be at your fingertips, presented in a clearly laid out format that allows you to easily comprehend the dynamics of our featured companies.
Marketwire.com

Exigen Insurance Solutions: Exigen Insurance Solutions Named to Forrester Research`s Hot Insurance Tech Companies to Watch in 2009 Report
SAN FRANCISCO, CA (MARKET WIRE) Exigen Insurance Solutions, the IT 2.0 provider specializing in rapid implementation of new business initiatives and products for insurance, today announced it is one of seven vendors named to Forrester Research's 'Hot Insurance Tech Companies to Watch in 2009' report. A copy of the report can be viewed at www.exigeninsurance.com.
Marketwire.com

Bridgewater Equity: BridgewaterEquity.com Free Fundamental Sector & Market Research on SPSN, CREE, AXP and MOT
LONDON (MARKET WIRE) BridgewaterEquity.com inspires to bring the best from the internet under one roof, providing you with a one click option to view what the market, researchers and financial pundits worldwide have to say about any particular large cap stocks in any given financial environment. We have a large pool of in-house financial professionals, a wide array of research platforms and a dedicated team that combined would bring enhanced knowledge and first-hand information that would help you manage your understanding of the market. It will take you a few minutes, if not less, to cross the bridge to our
Market Wire

Stimulus Bill Sets Aside $150M for Marketing Census 2010
January 15, 2009 WASHINGTON (AdAge.com) -- The House Committee on Appropriations today unveiled its version of President-elect Barack Obama's stimulus plan, and tucked into the $550 billion package w...
Big News Network

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