Actor Temps (tm)

This is what's in the news for Friday February 17, 2012. The Wall Street Journal reports despite having to unload assets worldwide, most large European banks consider their U.S. retail divisions to be among their most stable operations and for now they'll keep them. The Wall Street journal also reports The Pentagon's latest spending plan includes an important shift for the space industry, scaling back the use of commercial satellites to supplement the military's communication and space efforts, and in two key areas: leasing private communication-satellite capacity to provide more bandwidth and buying commercial imagery to augment spy satellites. Bloomberg reports Goldman Sachs Group (NYSE:GS) delayed its proposed sale of Samurai bonds until at least February 21 after Moody’s Investors Service said it’s reviewing the bank’s rating. Goldman Sachs is rated A1 by Moody’s, the fifth-highest level, according to Bloomberg data. Finally, Reuters reports Alibaba Group (PINK:ALBCF) doesn't see foreign mergers and acquisitions as its main focus in coming years, says Chief Strategy Officer Zeng Ming.