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The stage is set for Saturday's Australian Open women's final between Maria Sharapova and Victoria Azarenka, which will also decide the new World No. 1 in Women's tennis.
The circuit's two big shriekers as well as crowd-entertainers are eying to reach the top spot, which will remain with Caroline Wozniacki for just few hours.
Both entered the final after winning dramatic semi-finals. Sharapova, ranked 4th, won 6-2, 3-6, 6-4 over Wimbledon champion Petra Kvitova while No. 3 Azarenka had to
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Republican presidential candidate Mitt Romney, bolstered by Thursday evening's strong debate performance, turned his attention to President Barack Obama in a speech on Floida's Space Coast Friday.
With polls showing Romney has surged to the front of the pack in the Florida primary, he began looking...
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Amylin Pharmaceuticals, Inc. and Alkermes plc said Friday that the U.S. Food and Drug Administration has approved Bydureon, the first once-weekly treatment for type 2 diabetes. Bydureon, which is a once-weekly injection and uses exenatide as its active ingredient, will be available in pharmacies across the U.S. in February.
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BREAKING NEWS
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T. Rowe Price Q4 Profit Declines
1/27/2012 2:48:39 PM
Asset manager T. Rowe Price Group, Inc. (TROW) said Friday that its fourth quarter profit declined slightly from last year, hurt by stock market volatility and higher provision for income tax. However, the....
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Roche Begins Tender Offer For Illumina - Update
1/27/2012 1:59:13 PM
Pharma giant Roche Holding AG (RHHBY.PK), Friday revealed the start of its $44.50 per share cash tender offer to acquire all the outstanding shares of Illumina Inc. (ILMN).
The offer and withdrawal rights....
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American Electric Profit Surges, But Misses Estimate
1/27/2012 1:12:25 PM
American Electric Power Co. Inc. (AEP) said Friday its fourth-quarter earnings surged from last year, due mainly to significant one-time cost recoveries. Excluding items, adjusted earnings for the quarter....
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QUICK FACTS
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Delta Reportedly Mulls Bid For US Airways
1/27/2012 7:41:46 PM
Delta Air Lines Inc. (DAL) is studying US Airways Group Inc. (LCC) as a possible acquisition target, the Wall Street Journal reported Friday, citing people familiar with the matter.
Delta has also been...
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Biglari Holdings Q1 Profit Declines - Quick Facts
1/27/2012 6:09:22 PM
Biglari Holdings Inc. (BH) reported net income for the first quarter of $8.8 million or $6.58 per share, down from last year's $9.5 million or $7.08 per share.
Net sales for the quarter increased 5.5...
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Trading Could be Lackluster On Smaller-than-expected GDP Growth
The major U.S. index futures are pointing to a lower opening on Friday, with sentiment faltering after the Commerce Department released a report, which showed that the U.S. economy expanded in the fourth quarter, although at a slower than expected pace. The data should come as a disappointment for traders,......
(complete analysis)
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CANADA
TSX Closes Marginally Higher, Gains 0.4% For Week
1/27/2012 4:39:34 PM
Toronto stocks were back in positive territory on Friday amid renewed hopes of a satisfactory resolution to Greece's talks with private creditors on a partial write-off of its sovereign debt. Nonetheless, disappointing economic data from the U.S. limited the upside....
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TSX Little Changed As Financials Slump - Canadian Commentary
1/27/2012 11:30:36 AM
Toronto stocks were little changed Friday morning as commodities were struggling to extend gains after a disappointing fourth quarter economic growth numbers from the U.S., Canada's largest trading partner. Also, traders focus on developments in Greece, as the nation continuing its negotiations with......
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TSX Poised For Mixed Open - Canadian Commentary
1/27/2012 9:00:38 AM
Canadian stocks may edge up at open Friday amid mixed commodities and varied cues from the global equity markets. While most Asian markets ended higher overnight, European shares were struggling to hold on to their recent gains even as Greece continuing its negotiations with its private creditors.
U.S.......
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EUROPE
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Swiss Stocks Holding Steady
The Swiss stock market is showing a fractional gain in mid-day trading on Friday.
With little definitive news to....
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COLUMNS
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Science & Technology

The Bulletin of the Atomic Scientists on January 10 announced pushing forward the Doomsday Clock by 1 minute, thus indicating that humanity is now five "minutes" from the "midnight" of global disaster, compared to the prior 6 minutes.
This latest revision reflects that nations are not proactively seeking to reduce their stockpiles of nuclear weapons or address the threats of regional nuclear warfare.
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Arts & Leisure

Though the Best Picture category for this year's Academy Awards isn't exactly one of the strongest in recent memory ("Moneyball," really?), there are still plenty of great films that have captured imaginations and deserve kudos and accolades. Here's a look at the top films you'll need to check out to stay in the Oscar loop from now until the ceremony on February 26th.
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Politics & Policy

Republican presidential candidate Newt Gingrich has never been one to shy away from lofty goals. But the former House Speaker certainly raised some eyebrows in Thursday's GOP primary debate when he pledged to establish a permanent colony on the moon before the end of his second term. On Friday, Gingrich's plan for a lunar colony opened him up to a somewhat scathing criticism from former presidential candidate and Arizona Senator John McCain.
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Money

In times of market mayhem, annuities can be a safe way to invest your money, especially if you're eying retirement.
An annuity is a financial product sold by financial institutions, such as an insurance company. It is designed to accept and grow funds from an individual and then pay out a stream of payments upon annuitization.
It's a great way to grow your money without much risk.
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Economic Calendar
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| Date | Indicator | period | Country |
| 1/27/2012 5:00:00 PM | Consumer Confidence Index | JAN | South Korea |
| 1/27/2012 9:55:00 AM | Univ. of Mich. Consumer Confidence Index | JAN | United States |
| 1/27/2012 8:30:00 AM | GDP (Q-o-Q) | Q4 | United States |
| 1/27/2012 8:30:00 AM | GDP (Y-o-Y) | Q4 | United States |
| 1/27/2012 8:30:00 AM | GDP Deflator (Q-o-Q) | Q4 | United States |
| 1/27/2012 8:30:00 AM | Personal Consumption Expenditure (Q-o-Q) | Q4 | United States |
| 1/27/2012 8:30:00 AM | Personal Consumption Expenditure (Y-o-Y) | Q4 | United States |
| 1/27/2012 8:30:00 AM | Core Personal Consumption Expenditure (Y-o-Y) | Q4 | United States |
| 1/27/2012 6:30:00 AM | Official Foreign Reserves | JAN 20 | India |
| 1/27/2012 6:00:00 AM | Retail Sales (M-o-M) | DEC | Ireland |
More Economic Calendar Data
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Dow Posts First Weekly Loss Of Year 01/27/12 04:30 |
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GDP Report Brings Economy Into Campaign Forefront 01/27/12 03:00 |
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Volatility Persists On Wall Street Thursday 01/26/12 04:30 |
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BIOTECHNOLOGY NEWS
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Amylin Pharmaceuticals, Inc. and Alkermes plc said Friday that the U.S. Food and Drug Administration has approved Bydureon, the first once-weekly treatment for type 2 diabetes. Bydureon, which is a once-weekly injection and uses exenatide as its active ingredient, will be available in pharmacies across the U.S. in February.
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SHORT TERM
Ubiquiti Networks' Strong Outlook
11/11/2011 6:53:15 AM
Ubiquiti Networks Inc. (UBNT) forecast second-quarter GAAP earnings in the range of $0.10 - $0.11 per share, non-GAAP earnings in the range of $0.24 - $0.25 per share, with revenues...
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Skullcandy Boosts FY11 View; Swings To Profit In Q3
11/4/2011 9:07:40 AM
Headphones maker Skullcandy Inc. (SKUL) lifted its fiscal 2011 financial forecast, above consensus, and reported a third-quarter profit, boosted by double-digit increases in both units...
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