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A big bang plan to clean up US banking system
The big bang announcement by US Treasury planned for next week is likely to have three key economic elements: moves to clean up the banking system, moves to restore the flow of credit in securitised financial markets, and moves to reduce home foreclosures
FT.com

Unfilled Downside Gaps Coming From Overbought Conditions
The last time the market was moving off a similar overbought condition was January...
Mr Swing

Frenzy of freebies to tempt homebuyers
Builders and developers turn to elaborate incentives to tempt wary buyers as they struggle to sell property in a market where lending has seized up
FT.com

Corporate debt soars in January; Verizon on tap Friday
Companies brought a near record amount of debt to bond markets in January, taking advantage of the thaw in investors' appetite for risk.
MarketWatch

L.A Times to cut 300 jobs, daily section: report
SAN FRANCISCO (MarketWatch) -- The Los Angeles Times will cut about 300 jobs and shrink its number of daily sections to four from five, The Associated Press reported Friday, citing an internal memo. The paper also told employees it will cut 70 newsroom jobs, or about 11% of its editorial department, according to the AP. The L.A. Times is owned by Tribune Co., which is currently under Chapter 11 bankruptcy protection.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

February 2 Break Out Video List Market Technical Analysis
This Stalking Stocks commentary video shows several candidates for break out or short sales for at least short term gains by buying the break or selling the break down on good volume and closing at least some on the first day. Today including: ATHR, WYNN, US, FCSX, MU, MXB, GOLD, PFE, RIMM, BRCD.
Mr. Swing

MagnetBank of Salt Lake City, Utah fails, fourth in 2009
SAN FRANCISCO (MarketWatch) -- MagnetBank of Salt Lake City, Utah was closed by the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation was named receiver, the FDIC said late Friday. The closure marks the fourth bank failure of 2009 and 29th since the start of the credit crisis. The FDIC was unable to find another financial institution to take over MagnetBank's operation so regulators will mail out checks to retail depositors for their insured funds Monday morning. As of Dec. 2, MagnetBank had total assets of $292.9 million and total deposits of $282.8 million. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

Alamos Gold Inc. Provides Notice of Year-End 2008 Financial Results and Conference Call
TORONTO, ONTARIO--(Marketwire - Jan. 30, 2009) - Alamos Gold Inc. (TSX:AGI) ('Alamos' or the 'Company') announces that it expects to release its year-end 2008 financial results on Tuesday, March 10, 2009 after market close.The Company's senior management will host a conference call on Wednesday, March 11, 2009 at 11:00AM EDT (8:00AM PDT) to discuss the financial results and to provide an update of the Company's operating, exploration and development activities.The conference call may be accessed via webcast or telephone as follows:
Mining.com

Pfizer stops late-stage study of pancreatric cancer drug
SAN FRANCISCO (MarketWatch) -- Pfizer Inc. said late Friday it discontinued a Phase III clinical trial for an experimental pancreatric cancer drug because it was not showing an improvement over a standard treatment. The drug giant said an early analysis of data showed the use of axitinib with the chemotherapy gemcitabine did not improve the survival of advanced pancreatic cancer patients compared with the use of gemcitabine alone. Pfizer told all clinical investigators to stop using the drug and to determine the best course of treatment for their patients.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

Escalade, Inc.: Escalade Announces Executive Management Change
EVANSVILLE, IN (MARKET WIRE) Escalade, Incorporated (NASDAQ: ESCA) announced today that it has accepted the resignation of Terry D. Frandsen as Vice President and Chief Financial Officer. Robert J. Keller, Escalade's President and Chief Executive Officer, said that the Company and Mr. Frandsen had reached a mutual decision for Mr. Frandsen to leave Escalade. Mr. Frandsen's resignation does not impact or in any way relate to the financial statements or reporting of Escalade or its subsidiaries.
Marketwire.com

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