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But Greenpeace said the announcement fell far short of Australia's pledge to phase out high-energy lightbulbs by 2010.
Some analysts said that yesterday's announcement fell short of reassuring investors, since it did not include store closings and other moves to further reduce costs.
Senator Reid's announcement fell like a lightning bolt on immigrant student groups across the country, which have been in high gear all year demanding that the Democrats move separately on the bill tailored to benefit them, known by its supporters as the Dream Act.
Sebastian Fischer argues in an opinion piece in Germany's Der Spiegel that Obama's speech in the wake of the grand jury announcement fell short.
The 20th anniversary of Dan Quayle's announcement fell on Memorial Day weekend, a fitting symbol for the question before us: Will democracy win out and will Americans have the right to know what's in our food?
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Treasury prices also reversed direction after the announcement, falling as investors withdrew money.
The announcement falls on the 100th anniversary of James Callaghan's birth.
Shares in Goldman were hit hard by Obama's announcement, falling 5%.
Shares of Bristol-Myers plummeted after the announcement, falling $14.625, or 22percentto to $50.625.
AGL's share price was largely unaffected by the announcement, falling 0.6% to $14.98 on Friday.
Rates on 30-year fixed mortgages dropped after the Fed's announcement, falling to 4.05 percent from 4.21 percent on Wednesday, according to HSH.com, which publishes mortgage and consumer loan information.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com