Ideal Networks - IT Consultants Phoenix Scottsdale

7/29/2010	Wall St falls on tech outlook worries (Reuters)
Reuters - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
7/29/2010	Citigroup to pay $75 million to settle SEC charges (Reuters)
Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
7/29/2010	Colgate, Glaxo sue over toothpaste "nurdle" (Reuters)
Reuters - Two lawsuits have been filed over a gob of toothpaste.
7/29/2010	Exxon and Shell quarterly profits soar (Reuters)
Reuters - Exxon Mobil's quarterly profit jumped 85 percent on surging oil prices and a big rise in refining margins, while Royal Dutch Shell Plc's (RDSa.L) profits rose 34 percent.
7/29/2010	MetLife posts Q2 earnings of $1.5 billion (Reuters)
Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by investment gains.
7/28/2010	Stocks fall after Fed report on regional economy (AP)
AP - THE FED CONFIRMS INVESTORS' VIEW: The Federal Reserve's "beige book," its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling.
7/29/2010	Fed's Bullard: buy more Treasuries if prices dip (Reuters)
Reuters - The Federal Reserve should consider buying more Treasury securities, instead of promising an extended period of low rates to support recovery, should inflation drift lower, a top Fed official said.
7/29/2010	McClatchy 2Q earnings plunge but ad slump eases (AP)
AP - McClatchy Co.'s second-quarter earnings plunged as the newspaper publisher shouldered higher costs on its debt to buy more time to recover from a bedeviling ad slump.
7/29/2010	Italy seeks private sponsors to restore Colosseum (AP)
AP - Italian officials are seeking to raise some euro25 million (about $32 million) in private money to finance the restoration of one of the country's iconic landmarks: the Colosseum.
7/29/2010	Summary Box: Mortgage rates hit low of 4.54 pct. (AP)
AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week.