Greek Debt Write Down 50%

Beijing time October 29th morning news, this week the ten largest Wall Street

1, global stock markets rose sharply Thursday, from earlier this week.

2, Amazon Co (Amazon.com) shares fell nearly 13% on Wednesday, because the company announced worse than expected Tuesday night.

3, MF Global, a futures brokerage firm, has plunged more than 70% this week.

The company's third quarter earnings report released on Tuesday showed that the company lost 9 cents per share in the third quarter.

4, the world's largest photovoltaic battery maker First Solar shares fell 25% to $43.27 per share on Tuesday, the lowest in 4 years, mainly because the company announced that its CEO Rob (Rob Gille Gillette) will resign and take effect immediately.

The company has not released a detailed account of Gillette's sudden departure.

Although the third quarter data released by the company are relatively stable and objective, the fourth quarter profit forecast is almost halved.

2011, the annual revenue forecast has also been reduced to $3 billion -33 billion from the previous 36-37 billion US dollars.

Earnings forecasts have also been sharply reduced, from 900 million -9.6 billion to 6.5-7.6 billion, while analysts generally expect earnings of $8.62 per share and revenue of $3 billion 570 million.

5, Hewlett-Packard Co's share price rose this weekend, largely due to its announcement Thursday night that it has now decided to maintain its iconic PC business.

The company's share price rose more than 3% on Friday.

6, Whirlpool grew in the third quarter, but lowered its outlook for the whole year.

The company's third quarter earnings report released on Friday showed that adjusted earnings per share increased to $2.35, up from 2.22 yuan a year ago.

But the 2011 Annual surplus is expected to be 4.75-5.25 dollars per share, much lower than previously estimated 7.25-8.25 dollars.

The company also announced that it would reduce its global workforce and reduce its cost by 400 million by the end of 2013.

A spokesman for Whirlpool said at a conference call that the company's demand for products in the US is now at a "recession level".

The company fell more than 14% on Friday.

7, Netflix announced on Tuesday that the third quarter earnings per share were $1.16, and its sales volume was $822 million, and the stock price fell 35% on that day.

The company expects earnings of 36-70 cents per share in the fourth quarter, much lower than Wall Street analysts' estimate of $1.09.

Netflix expects the number of streaming media users in the US in the fourth quarter to be 20 million -2150 million, and the number of domestic DVD business users is 10 million 300 thousand -1130 million.

8, the shares of HealthSpring, a health insurer, surged nearly 34% on Monday, thanks mainly to the news that the CIGNA group, the fifth largest insurance company of the United States, will buy HealthSpring at a price of $55 per share.

The value of the paction is about $380 million, which is 37% higher than the closing price of HealthSpring last Friday.

9, merger and acquisition activities of some technology companies help stimulate investor interest, and RightNow Tech will be increased by 19% after being bought by Oracle at $43 per share.

ORCL shares rose to a three month high.

10, earnings report: global construction machinery giant Caterpillar Inc (CAT) third quarter profit over 1 billion dollars profit growth 44%; 3M company (MMM) third quarter net profit 1 billion 90 million U. S. dollars, compared with the same period last year 1 billion 110 million U. S. dollar fell 1.6%, less than the Wall Street analyst preview; Ford automobile third quarter profit fell 2% to 1 billion 650 million dollars; Boeing's earnings in the fiscal quarter increased year-on-year growth; UPS company's net profit in the fiscal quarter increased to US dollars; AMD company profit quarter dollars, turn losses into profits.