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US Dollar Rises Against Euro, British Pound Ahead of Jobs Report (Euro Open)
The US Dollar gained against the Euro and the British Pound despite a strong rebound on Asian stock exchanges. Swiss Unemployment and UK Producer Prices...
DailyFX

Retail food giant struggles with technical support following poor earnings
Ahead of the open yesterday, Kraft Foods (KFT: sentiment, chart, options) matched analysts' fourth-quarter earnings expectations, but lowered its 2009 earnings forecast to %241.88 per share from %242 per share due to a less advantageous currency translation and higher pension costs...(Read More)
Schaeffersresearch.com

Short View: Currencies and interest rates
Forex traders might feel happier about the euro if the ECB showed greater urgency and cut as aggressively as its counterparts in the UK and the US, says John Authers
FT.com

IBM Teams Up with Google on Health Software
IBM is teaming up with Google on new software for moving data from remote personal medical devices into Google Health and other personal health records. Patients will be able to exchange health information with their doctors and other health services professionals more easily and in real time by using the software, IBM says. - (Reuters) IBM is teaming up with GoogleInc on new software to move data from remote personal medical devices into GoogleHealth and other personal health records (PHRs). Patients will be able to exchange vital health information with theirdoctors and other health services professionals more e...
eWeek

MPs step up clash with Bank of Japan
A plan to print some Y50,000bn worth of a new currency to fund projects is a sign of desperation in the ruling party over Japan's failing economy
FT.com

Madoff`s Miserable Millionaires
The names of thousands of Bernard Madoff’s apparent clients were made public late Wednesday in a 162-page filing with the U.S. Bankruptcy Court in Manhattan. But not everybody who lost money in the alleged $50 billion Ponzi scheme is on the list. One name not in the filing is movie producer Arnon Milchan's. Condé Nast Portfolio has learned that the Israeli-born billionaire, whose film credits include Pretty Woman and Fight Club, lost at least $18 million with Madoff. In a story due out in its upcoming March issue,due out February 17, Condé Nast Portfolio reveals Milchan’s name and shows how Madoff made inroads into the entertainment industry. Milchan declined to comment. Last year, Milchan was ranked No. 358 on Forbes magazine's billionaires list, which noted that he had enjoyed "a stellar year thanks to savvy currency trades and unlikely blockbusters" produced by his company, New Regency. Notably, the 2007 film Alvin and the Chipmunks, which N
Portfolio

Investigator says SEC failed in Madoff affair
An independent investigator into the alleged fraud by Bernard Madoff has lambasted the US Securities and Exchange Commission for being unable to detect problems in the scheme.
Big News Network

Subsidies give textiles a thread of hope - Marketplace.publicradio.org
BOB MOON: Ya know, it all depends on your perspective. If China is cheating with its currency, giving its own businesses an edge over foreign competitors. . . . It&os;s a good thing we&os;ve got our own house in order on free trade, right? Actually, take a ...
Feed Digest

WesternOne Equity Income Fund Announces Private Placement of Units
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2009) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESWesternOne Equity Income Fund ('WesternOne Equity') (TSX:WEQ.UN)(TSX:WEQ.DB) announced today that it has entered into an agreement with Dundee Securities Inc. to be lead manager in a brokered private placement of approximately $1.5 million of trust units from treasury, at $3.80 per unit, on a marketed basis.WesternOne Equity intends to use the net proceeds from the private placement for general corporate purposes. The offering is scheduled to close in mid February 2009 and is subject to the approval of the Toronto Stock Exchange.
Marketwire

TSX Venture Exchange Closing Summary for February 5, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2009) - The following report is available on tsx.com at the following web page: http://www.tsx.com/en/news_events/media_kit.htmlTrading was very heavy on a volume of 138.4 million shares worth 27.4 million dollars. There were 305 advances, 255 declines and 525 issues unchanged. The S&P/TSX Venture Composite Index closed up 8.17 at 898.22/T/Most Active Issues by VolumeVolume Name Symbol Close Change7
Marketwire

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