Europe Markets: Stocks in Europe close higher as miners climb
European shares closed higher Monday, as sovereign debt fears relented and as miners offered encouraging news on payouts.

CME’s OTC CDS Clearing Service to Use CMA DataVision
CME will utlize DataVision for pricing and intra-day risk management in the clearing and settlement of CDS trades.

Wesley Clover Announces Enhanced Directory Application for IP Voice Trading Platform
The enhanced directory application will triple the number of button appearances on the IP Turret to 296 and to 248 for the IP Traderphone.

SEC Asks Public Companies to Disclose Climate-Related Risks to Investors
Faith-based organization, ICCR, warns that compliance with SEC will create “lag time”

Sybase Acquires Aleri to Enhance Real-Time Analytics Product Suite
Sybase expands analytics product stack, gains Aleri customer base, plans to enter new markets and will leverage Aleri’s GUI and performance capabilities.

Movers & Shakers: Monday’s biggest gaining and declining stocks
A roundup of stocks seeing significant moves in U.S. markets on Monday.

Charlie Munger on How to Become Rich
Simple lessons from a great investor.

This Recession Is Gonna Make Me Rich (Again)
The best time to buy is in down markets.

Spectra Energy Partners Reports Year End and Fourth Quarter 2009 Results;
HOUSTON, Feb. 5 /PRNewswire-FirstCall/ — 34 percent increase in net income for 2009Cash available for distribution of $158.1 million for 2009, up from $120.6 million in 20082010 outlook of $175 million in cash available for distributionSpectra Energy Partners, LP (NYSE: SEP) today reported fourth

Economic Report: Japan’s current-account surplus rebounds
Japan’s December current-account surplus climbs, helped by the first rise in exports in more than a year.

US DoJ dissatisfied with Google book deal
The US justice department is still not satisfied with an agreement on digitising books made between Google and authors and publishers, despite ’substantial progress’ on amendments to the settlement.

Optimum Lightpath Introduces 40 Gigbit Service In New York Metro Area
The new service is geared to meeting the bandwidth, speed, low latency and security demands of the financial community.

Short View: Global sell-off
Thursday’s global sell-off was catalysed by fear in credit markets and worries over US unemployment, writes John Authers

Equinoxe AIS Implements SunGard’s Asset Arena Investment Accounting Solution
Equinoxe is a full-service alternative investment fund administration company headquartered in Bermuda with subsidiaries licensed and regulated in Ireland and Mauritius.

With Profits, Goldman Sachs Adjusts Bonuses
Goldman Sachs says it earned $4.95 billion September through December and will set aside $16.2 billion for staff for the year.

SEC Asks Public Companies to Disclose Climate-Related Risks to Investors
Faith-based organization, ICCR, warns that compliance with SEC will create “lag time”

Trading Technologies Sues Cunningham Trading Systems and Interactive Brokers
Some of the patents relate to its MD Trader product, the order-entry screen incorporated in its X_Trader software.

G7 talk on Greece fails to soothe investors, euro dips
TORONTO/HONG KONG (Reuters) – The euro and growth-linked currencies fell Monday as investors unwound risky trades amid growing worries about eurozone’s debt problems, dismissing assurances from European finance ministers at the weekend.

Metals Stocks: Gold futures climb as much as $20 on Globex
Gold futures climb as much as $20 an ounce on Globex, finding support after tallying a loss of more than $65 during a losing streak that spanned three sessions in a row.

Asia Markets: Asia’s steel sector shows signs of life
Steel-maker shares in Asia start to show some signs of life on market expectations for higher steel prices and stronger demand, but investors should remain wary of risks associated with overproduction and the ’soft footing’ of some global economies.

Global markets rout hits Asia (AFP)

AFP – Mounting fears about tattered government finances in Europe drove the euro down and hammered stock markets across Asia on Friday following New York’s worst finish since November.

SEC drops civil action against ex-Broadcom execs (AP)
AP – The Securities and Exchange Commission said Thursday it will not pursue a civil action against four former Broadcom Corp. executives for allegations of securities fraud.

A look at global economic developments (AP)
AP – A look at economic developments and activity in major stock markets around the world Friday:

Recovery, debt woes to hound
NEW YORK (Reuters) – U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery’s pace persist and fears linger over Europe’s sovereign debt woes.

Citi in talks over $3 billion in car loans: report
PHILADELPHIA (Reuters) – Citigroup Inc has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial Times.

Shares, euro fall on debt fears; jobs data eyed (Reuters)

Reuters – Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.

Republic First Bancorp, Inc. Reports Fourth Quarter 2009 Financial Results
PHILADELPHIA, Feb. 5 /PRNewswire-FirstCall/ — Republic First Bancorp, Inc. (Nasdaq: FRBK), the holding company for Republic First Bank, today announced its financial results for the period ending December 31, 2009. During the fourth quarter of 2009, the Company recorded a net loss of $2.4 million,

Shares, euro fall on debt fears; jobs data eyed (Reuters)

Reuters – Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.

Metals Stocks: Gold futures climb as much as $20 on Globex
Gold futures climb as much as $20 an ounce on Globex, finding support after tallying a loss of more than $65 during a losing streak that spanned three sessions in a row.

JAL to stick with American Airlines: report
Japanese carrier has decided to reject partnership offer from Delta Air Lines.

NewsWatch: Consumers cautious, but spending
Big businesses are expanding, but will smaller companies follow?

ICBS update to shareholders
NEW YORK and MONTREAL, Feb. 5 /PRNewswire-FirstCall/ – ICBS Ltd. (OTCPK: ICBT), announced today that it is providing shareholders with a update vis a vis general business matters and the pending financial reports. ICBS is in the process of completing its 2009-2010 (February) year end Financial state

SEC Asks Public Companies to Disclose Climate-Related Risks to Investors
Faith-based organization, ICCR, warns that compliance with SEC will create “lag time”

Investors dazed by week of turmoil
In different times, this weekend’s G7 meeting would have been an event to follow, but the market’s wild ride means investors are only keeping half an eye on it

Back Office: Time to Pay the Piper
With increasing complexity and the need for more highly automated operations, the back office will require increased innovation and continued investment.

Celfin Capital Develops Electronic Trading Capabilities With Fidessa
The partnership will allow Celfin Capital to receive Chilean and Peruvian equity flow, opening up an essential conduit to Latin American markets for brokers and asset managers globally.

Time Warner joins rebound from crisis
Some of the biggest US media companies are rebounding from a crisis that many expected to finish them off with a spate of dividend increases

SWIFT Bank Data Sharing Accord in Jeopardy
An interim deal allowing U.S. authorities to access data on European bank transactions in SWIFT’s European data centers requires adjustments, a European parliamentary group said.

US DoJ dissatisfied with Google book deal
The US justice department is still not satisfied with an agreement on digitising books made between Google and authors and publishers, despite ’substantial progress’ on amendments to the settlement.

Toyota to unveil Prius-brakes plan: reports
Toyota Motor Corp. this week is likely to announce a recall or repair plan to fix the braking problems reported on the latest model of its Prius hybrid vehicle, media reports say.

Chuck Jaffe: Trade ETFs at no cost? No problem
The evolution of exchange-traded funds took a giant step forward this week, but most investors missed it. Soon, however, it may be hard to ignore.

Northeast digs out of snow; more is in store
The U.S. Middle Atlantic states on Sunday are digging out of a Friday-into-Saturday blizzard that dumped more than three feet of snow in some places, killing at least two people, paralyzing Washington, closing regional airports, causing hundreds of accidents, and knocking out power to homes.

Economic Preview: Consumers cautious, but spending
Big businesses are expanding, but will smaller companies follow?

NewsWatch: Bruised stock investors crawl back into ring
U.S. stock investors in the week ahead await earnings from Viacom, Sprint and Disney, and testimony from Ben Bernanke. But China and sovereign debt issues could dominate.

UPS posts declining quarterly profit
UPS reported another drop in quarterly profits, in line with expectations, while predicting the economy would gather momentum as the year progressed

Air Products in fresh bid for rival
The industrial gas supplier plans to go public with a hostile $5bn all-cash offer and appeal directly to Airgas’s shareholders after its previous advances were rejected

ETF Investing: Free ETF trades are big draw for investors
Online brokers are fighting hard for a greater share of the fast-growing exchange-traded fund business, and investors stand to benefit from lower costs.

Wall Street falls after disappointing results
Wall Street lingered in the red after disappointing company results gave investors an excuse to pause following the market’s strongest two-day rally this year

Optimum Lightpath Introduces 40 Gigbit Service In New York Metro Area
The new service is geared to meeting the bandwidth, speed, low latency and security demands of the financial community.