BOSTON ( TheStreet) -- More questions over a resolution to Greece's debt talks lead your quick fix of company, market, economic and investing news for Monday, Feb. 6.
Monday's 5 Biggest Stories
Stop me if you've heard this one before: Greek Prime Minister Lucas Papademos has struck a deal for more austerity measures in order to secure a rescue package. Bloomberg Meanwhile, leaders in Greece are reluctant to bring about more austerity, especially with elections coming. BBC All of these European problems could be a headache for China. The IMF thinks so, and it cut its forecast for China's economic growth. MarketWatch The EU may ease the rules on the capital that banks will have to hold against sovereign debt. This plan sounds like a winner. Bloomberg It seems regulators and five big banks are close to wrapping up a multi-billion deal over foreclosures to finally settle probes. WSJ
Citigroup ( C) will start issuing credit cards on its own in China. ReutersHumana ( HUM) posts a profit and raises its 2012 outlook. MarketWatchGeneral Motors ( GM) wants to make $10 billion a year after getting bailed out only three years ago. WSJ
In positive European news, Germany's manufacturing orders rose above expectations in December. Nasdaq The rally in garbage stocks makes it hard to trust the broader move higher. Dynamic Hedge Speaking of small-cap stocks, it looks like ETFs are having a big impact on trading. WSJ
In the off chance Europe improves, investors might want to check out these ETFs. MarketWatch Here's why holding cash is a smart move in this market. Pragmatic Capitalism
Odds and Ends
Automakers won big with commercials during the Super Bowl. Reuters The Giants beat the Patriots to win Super Bowl XLVI. Here's a Kiss for New Yorkers to enjoy today. YouTube-- Written by Robert Holmes in Boston. >To contact the writer of this article, click here: Robert Holmes. >To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet. >To submit a news tip, send an email to: firstname.lastname@example.org.