Reuters - MBIA Inc said on Thursday it
will have enough cash to meet its commitments even after
reporting a worse-than-expected quarterly loss, while Standard
& Poor’s is reviewing the top ratings it gave to the world’s
largest bond insurer.

»read more from "MBIA seeks to reassure investors; S&P puts on review (Reuters)"

FT.com - Carphone Warehouse spearheaded the advance in which the FTSE 100 bounced back from a 150-point loss to close higher on Thursday.

»read more from "Carphone leads London turnround (FT.com)"

Reuters - Stocks ended higher on Thursday after
a major bond insurer reassured investors about its stability,
fueling a rebound by financial shares hammered recently by the
prospect of crumbling credit markets.

»read more from "MBIA lifts Wall Street (Reuters)"

Reuters - Pharmaceutical wholesaler McKesson
Corp reported on Thursday that its quarterly profit
fell 17 percent as results were hurt by lower profit margins on
certain generic drugs and charges taken.

»read more from "McKesson quarterly net profit falls (Reuters)"

FT.com - UBS (NYSE:UBS) led European shares on a roller-coaster ride on Thursday when growing fears that losses at ailing bond insurers would pummell the banking sector capped the worst yet January for European stock markets.

»read more from "UBS leads Europe on roller-coaster ride (FT.com)"

Reuters - Motorola Inc , the world’s No.
3 mobile phone maker, said on Thursday it is exploring
strategic alternatives including a possible separation of its
mobile devices business from other units.

»read more from "Motorola eyes separating mobile divisions (Reuters)"