Friday, November 28, 2008

Markets Friday, 11/28/2008

Date: Fri, 28 Nov 2008 17:31:06 -0500

| Dow : 8829.04 up 102.43 | S & P : 896.24 up 8.56 |
| NASDAQ: 1535.57 up 3.47 | Bond (10Y): 2.92%, 107.03

MARKETS:
Dow, S&P 500 in 5-day win streak
Major indexes advance at the end of a thinly traded, post-holiday session.

Tech: Yahoo, AMD gain, though techs end mixed

Date: Fri, 28 Nov 2008 18:01:41 -0500Tech Stocks: Yahoo, AMD gain,
though techs end mixed

11/28/2008 1:28 PM ET
Shares of Yahoo and AMD rise sharply following the Thanksgiving
holiday, though technology shares close with mixed results.
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The 12 days of Christmas tech gifts that offer the best deals
11/28/2008 4:34 PM ET

The good news is that consumer-electronics companies and retailers are
also feeling the pinch. Many are offering terrific deals on an array
of high-tech devices. What's more, great prices can be found every day
on the Web, especially at respected online retailers such as Amazon
and J&R Electronics.

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'New' Clearwire formed with Google, Intel investment

11/28/2008 3:33 PM ET
The asset merger between Sprint Nextel Corp. and Clearwire Corp. aimed
at forming a cutting-edge new wireless Internet network
was closed Friday, with help from a $3.2 billion investment by Google
Inc., Intel Corp, Comcast Corp. and others.

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Wealth of free items online helps you free up cash for holidays

11/28/2008 2:01 PM ET
In uncertain economic times like these, it's comforting to know you
can still find items that are free. And one way to avoid going into
debt this holiday season is to find free items to fulfill your own
needs, thus freeing up your cash for holiday purchases.

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Stocks to Watch: Stocks in focus for Monday
11/28/2008 1:55 PM ET

Among the companies which are expected to see their shares trade
actively in Monday's session are major retailers, including Wal-Mart
and Target, as well as Qimonda, Shanda and Tata Motors.

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Retailers hope Black Friday sets tone for holiday season

11/28/2008 1:39 PM ET
Outside Minneapolis at the Mall of America, more than 5,000 shoppers
had lined up outside of the 520-store complex for free gifts and
"door-buster" specials by the time all the mall's stores opened at 6
a.m.

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Telecom Stocks: Sprint, Motorola lead in mixed session

11/28/2008 1:33 PM ET
Telecommunications stocks ended narrowly mixed in a
light trading session Friday, as a few issues such as Sprint Nextel
Corp. and Motorola Inc. stood out.

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STMicroelectronics cuts fourth-quarter revenue guidance
11/28/2008 6:02 AM ET

Microchip maker STMicroelectronics cut its fourth-quarter-revenue
guidance on Friday, citing slower billing, reduced demand and order
push-outs.

U.S. stocks rise on Black Friday to post strong weekly gains

Date: Fri, 28 Nov 2008 17:01:34 -0500

U.S. stocks rise on Black Friday to post strong weekly gains

U.S. stocks end higher, leaving the market with monthly losses but
with large gains for a holiday-shortened week that saw investors
increasingly confident that much of a dire economic outlook already
has been priced in.

RETAILERS HOPE BlACK FRIDAY SETS TONE FOR HOLIDAY SEASON

Outside Minneapolis at the Mall of America, more than 5,000 shoppers
had lined up outside of the 520-store complex for free gifts and
"door-buster" specials by the time all the mall's stores opened at 6
a.m.

TOY BUSINESS FACES APPREHENSIVE CONSUMERS

America's retailers of toys want to make this gift-giving season an
easier sell for budget-conscious parents squeezed by the deteriorating
economy.

HEDGE FUNDS: HEDGE FUNDS TRY TO HOLD BACK WAVE OF INVESTOR REDEMPTIONS

Hundreds of hedge funds will shut this year as an estimated wave of as
much as $700 billion in investor redemptions crashes over the
industry, but some managers are trying to hold back the tsunami.

ASIA MARKETS: HONG KONG EXTENDS RALLY, MUMBAI TRADING VOLATILE

Most Asian markets advance Friday, with Hong Kong and South Korean
shares taking gains into a fourth straight session, paced by banks as
investors snap up beaten-down lenders such as Industrial Bank of Korea
and HSBC Holdings.

Dow ends abbreviated session up 100 points; U.S. stocks rise 12% on week

Date: Fri, 28 Nov 2008 13:09:54 -0500

Dow ends abbreviated session up 100 points; U.S. stocks rise 12% on week
11/28/2008 1:08:00 PM EDT

U.S. stocks nearly flat on Black Friday

Date: Fri, 28 Nov 2008 12:01:18 -0500
U.S. stocks nearly flat on Black Friday

Stocks trade little changed on Black Friday, the traditional start of
the U.S. holiday shopping season, with subdued prospects for retailers
apparently already factored in by investors.

BLACK FRIDAY SETS TONE FOR HOLIDAY SHOPPING SEASON

At suburban Minneapolis' Mall of America, the biggest U.S. shopping
center, thousands line up outside of the 520-store complex for free
gifts and "door buster" specials before the mall's first full-store
opening at 6 a.m. Is that indicative of the Black Friday trend or an
abberation?

ASIA MARKETS: HONG KONG EXTENDS RALLY, MUMBAI TRADING VOLATILE

Most Asian markets advance Friday, with Hong Kong and South Korean
shares taking gains into a fourth straight session, paced by banks as
investors snap up beaten-down lenders such as Industrial Bank of Korea
and HSBC Holdings.


RESCUE EFFORTS ON AS INDIA-PAK OFFICIALS TRADE WORDS

Army commandos battle to flush out terrorists and rescue hostages in
Mumbai early Friday, while Indian newspapers claim the coordinated
attacks Wednesday night that left at least 119 people dead and 315
wounded were carried out by a terrorist group based in Pakistan.

NOV. EURO-ZONE INFLATION TUMBLES NEAR ECB TARGET

Economists say any lingering inflation worries for the euro zone were
likely put to rest Friday after preliminary data shows that consumer
prices rose at an annual rate of 2.1% in November.

Energy: Oil stocks clipped by weaker crude, end of month profit-taking

Date: 28 NOV 2008 15:48:50 GMT

Energy stocks were trading lower in Friday's abbreviated
post-Thanksgiving Day session, pressured by weaker crude-oil prices
and a bout of profit-taking that looked set to snap a four-day winning
streak.

Dow industrials turn modestly positive early Friday; S&P follows suit; tech lags

Date: Fri, 28 Nov 2008 09:40:55 -0500

Dow industrials turn modestly positive early Friday; S&P follows suit; tech lags
11/28/2008 9:39:07 AM EDT

Energy: Crude falls on speculation OPEC may delay cuts

Date: 28 NOV 2008 14:10:48 GMTSubject: Energy: Crude falls on

Crude-oil futures fall on speculation that OPEC may wait until
December to decide whether to cut oil production further.

Thursday, November 27, 2008

Tech: Market higher; UBS affirms ICL and Elbit Systems buy

Date: Thu, 27 Nov 2008 18:00:13 -0500
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Israel Stocks: Market lower; Teva settles with AstraZeneca
11/27/2008 2:36 AM ET

Israeli stocks fell on Wednesday, led by some key technology names, a
giveback in the real-estate index after a couple of strong days and a
dip in Bank Leumi shares before it reports earnings on Thursday.

Markets Thursday, 11/27/2008

Date: Thu, 27 Nov 2008 17:31:05 -0500

| Dow : 8726.61 up 247.14 | S & P : 887.68 up 30.29 |
| NASDAQ: 1532.10 up 67.37 | Bond (10Y): 2.98%, 106.50

|MARKETS:
World markets advance after U.S. rally
European and Asian markets close positive. Indian markets shuttered
after terror attack rocked Mumbai.

Former UBS executives give back bonuses as bank agrees to probe

Date: Thu, 27 Nov 2008 12:01:11 -0500
Former UBS executives give back bonuses as bank agrees to probe

Troubled Swiss banking group UBS on Thursday reveals that former
executives have repaid around 70 million Swiss francs ($59 million) of
bonuses and says it will allow an independent investigation to examine
whether any lawsuits should be filed against individuals.

EUROPE MARKETS: EUROPE SHARES MOVE HIGHER ON U.S. HOLIDAY

European shares climb on Thursday, as oil majors and banks advance on
a day when U.S. markets are closed for the Thanksgiving holiday.

ASIA MARKETS: SHANGHAI, HONG KONG, SEOUL RALLY; MUMBAI CLOSED

Asian markets ended with strong gains Thursday, paced by Shanghai- and
Hong Kong-listed shares a day after the Chinese central bank slashed
interest rates to kick-start weakening economic growth.

ONLINE RETAILERS MAY SEE HOLIDAY SLUMP

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

PANASONIC SLASHES '09 VIEW ON STRONG YEN, WEAK CONSUMER SPENDING

Panasonic Co. slashes its forecast of fiscal 2009 net income by 97%,
saying that "business conditions are deteriorating sharply."

Energy: Shares in London advance as banks, insurers gain

Date: 27 NOV 2008 09:43:21 GMT

Banks and insurance firms help the top London share index to climb on
Thursday, a day when U.S. markets are closed for a holiday.

Wednesday, November 26, 2008

Terrorist attacks in Mumbai shut Indian stock exchange

Date: Wed, 26 Nov 2008 21:52:47 -0500

Terrorist attacks in Mumbai shut Indian stock exchange
11/26/2008 9:50:45 PM EDT

Tech: Nasdaq leaps to highest close in two weeks

Date: Wed, 26 Nov 2008 18:00:06 -0500
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Tech Stocks: Nasdaq leaps to highest close in two weeks
11/26/2008 4:42 PM ET

Technology stocks followed semiconductor issues higher Wednesday,
pacing a solid market rally ahead of the Thanksgiving weekend.

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Online retailers may see holiday slump
11/26/2008 1:04 PM ET

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

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Europe Markets: Europe sees mixed finish
11/26/2008 12:38 PM ET

European shares snap a two-session winning streak on Wednesday, as
banks and. oil majors give back a portion of recent gains, although
telecom equipment maker Alcatel-Lucent and caterer Compass Group
manage to buck the lower trend.

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Telecom Stocks: BCE sinks, but other telecoms gain
11/26/2008 11:37 AM ET

BCE Inc. sank 37% after the Montreal-based phone
company's plan to go private hit a potential deal-killing snag, but
most telecommunications stocks rose in Wednesday action.

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BCE's deal to go private hits a snag
11/26/2008 9:51 AM ET

The deal to take BCE Inc. private in what would be one of the
largest-ever leveraged buyouts might not proceed as planned because it
may fail to meet a condition central to closing the transaction, the
parent of telecom carrier Bell Canada says.

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Israel Stocks: Market lower; Teva settles with AstraZeneca, agrees with Watson
11/26/2008 9:16 AM ET

Israeli stocks fall on Wednesday, led by some key technology names, a
giveback in the real-estate index after a couple of strong days and a
dip in Bank Leumi shares before it reports earnings on Thursday.

Markets Wednesday, 11/26/2008

Date: Wed, 26 Nov 2008 17:32:20 -0500

| Dow : 8726.61 up 247.14 | S & P : 887.68 up 30.29 |
|NASDAQ: 1532.10 up 67.37 | Bond (10Y): 2.98%, 106.50 |

MARKETS:
Dow's winning streak rises to 4
Stocks surge ahead of Thanksgiving as Obama news and automaker
strength boost stocks.

Tech sector paces Wall Street rally after glum economic data

Date: Wed, 26 Nov 2008 17:01:40 -0500

Tech sector paces Wall Street rally after glum economic data

Stocks rally, marking the market's fourth session of gains in a row,
as investors focused on deals in the battered technology sector
following gloomy economic data and downcast corporate reports by Deere
and Tiffany.

SCORES ARE KILLED IN MUMBAI IN COORDINATED ATTACKS

A series of coordinated bomb and gun attacks on Wednesday night in
Mumbai, India's financial capital, have claimed dozens of lives while
sowing chaos and confusion.

ONLINE RETAILERS MAY SEE HOLIDAY SLUMP

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

CHINA SLASHES RATES TO KICK-START SLOWING ECONOMY

The People's Bank of China Wednesday slashes its lending and borrowing
rates by more than 1%, in addition to cutting banks' reserve
requirements sharply, to deliver its strongest response yet to a
recent slowdown in the mainland's economic growth.

EUROPEAN UNION PROPOSES $260 BILLION STIMULUS

The European Union proposes a 200 billion euro ($260 billion) effort
that would see member states coordinate attempts to provide a fiscal
jolt to the region's stagnating and shrinking economies.

Dow's rally extends to 4th day, with blue-chip measure up 244 points at the close; Nasdaq up 4.5%, S&P gains 3.4%.

Date: Wed, 26 Nov 2008 16:01:05 -0500

Dow's rally extends to 4th day, with blue-chip measure up 244 points
at the close; Nasdaq up 4.5%, S&P gains 3.4%.

Attacks in Mumbai, India leave at least 25 dead

Date: Wed, 26 Nov 2008 13:58:14 -0500

Attacks in Mumbai, India leave at least 25 dead
11/26/2008 1:56:12 PM EDT

Obama names former Fed Chief Paul Volker to chair the U.S. Economic Recovery Advisory Board.

Date: Wed, 26 Nov 2008 10:42:03 -0500

Obama names former Fed Chief Paul Volker to chair the U.S. Economic
Recovery Advisory Board.

Energy: Oil shares open lower but mount rebound amid bearish supply data

Date: 26 NOV 2008 17:14:59 GMT

Energy stocks tip lower after another set of weak bearish oil supply
data, but a rally was in the works at midday.

Stocks try to shrug off earlier declines

Date: Wed, 26 Nov 2008 12:01:23 -0500

Stocks try to shrug off earlier declines

U.S. stocks on Wednesday try to brush off early declines, pulling
mildly higher as President-elect Barack Obama details plans for an
economic advisory board.

RETAILERS PULL OUT ALL STOPS TO STIR BLACK FRIDAY BUYING

Retailers are making a historic Black Friday push, laying bets that
aggressive discounting and other incentives will set a more upbeat
tone than expected for the holiday shopping season.


ECONOMIC REPORT: OCTOBER DURABLE ORDERS DOWN 6.2%, TRANSPORTATION ORDERS FALL

Orders for U.S.-made durable goods fall 6.2% in October, the largest
decline in two years, the Commerce Department estimated, as orders for
transportation goods fell 11.1%.

CHINA SLASHES RATES TO KICK-START SLOWING ECONOMY

The People's Bank of China Wednesday slashes its lending and borrowing
rates by more than 1%, in addition to cutting banks' reserve
requirements sharply, to deliver its strongest response yet to a
recent slowdown in the mainland's economic growth.

EUROPEAN UNION PROPOSES $260 BILLION STIMULUS

The European Union proposes a 200 billion euro ($260 billion) effort
that would see member states coordinate attempts to provide a fiscal
jolt to the region's stagnating and shrinking economies.

October new home sales tumbled more than expected to 433,000 - their lowest level in nearly 18 years. Prices also fell.

Date: Wed, 26 Nov 2008 10:05:06 -0500

October new home sales tumbled more than expected to 433,000 - their
lowest level in nearly 18 years. Prices also fell.

Stocks skid at the open as a spate of bleak economic reports threaten the Dow's three-day rally.

Date: Wed, 26 Nov 2008 09:32:05 -0500

Stocks skid at the open as a spate of bleak economic reports threaten
the Dow's three-day rally.

U.S. orders for durable goods plunge 6.2% in October on transportation

Date: Wed, 26 Nov 2008 08:38:06 -0500

U.S. orders for durable goods plunge 6.2% in October on transportation
11/26/2008 8:36:09 AM EDT

Initial jobless claims down 14,000 to 529,000 in the latest week; personal spending down 1% in October.

Date: Wed, 26 Nov 2008 08:32:19 -0500

Initial jobless claims down 14,000 to 529,000 in the latest week;
personal spending down 1% in October.

Breaking News Wed., November 26, 2008

Date: Wed, 26 Nov 2008 05:58:58 -0800 (PST)

Consumer Spending Falls 1 Percent in October in Largest Drop Since
Sept. 11 Attacks [8:46 a.m. ET]

Tuesday, November 25, 2008

Tech: H-P, Cisco pressure tech sector

Date: Tue, 25 Nov 2008 18:00:09 -0500

Tech Stocks: H-P, Cisco pressure tech sector
11/25/2008 4:19 PM ET

Technology stocks remain in the red as gains in the broader market are
offset by a sell-off in shares of Hewlett-Packard Co.

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Tech Stocks: Broad market surge as Qualcomm, Apple, IBM pace sector
11/24/2008 8:32 PM ET

U.S. technology stocks closed sharply higher amid a broad market
upswing as investors cheered the announcement of a massive plan to
prevent a collapse of Citigroup.

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Rumors of a Microsoft cell phone swirl again
11/25/2008 5:36 PM ET

Speculation has revived that Microsoft Corp. may yet release a branded
cell phone, in a move that would draw the software giant into further
competition with rivals Apple Inc., Research In Motion Ltd. and Google
Inc.

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TiVo swings to profit, thanks to EchoStar benefit
11/25/2008 5:04 PM ET

TiVo Inc. swings to a profit in its fiscal third quarter, thanks to
damages received from EchoStar Communications as a result of patent
litigation.

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Cisco to close offices in last week of December
11/25/2008 3:35 PM ET

Cisco Systems Inc. reportedly plans to shut down its U.S. and Canadian
operations for the last week of December as part of a larger move to
reduce costs by as much as $1 billion over the next year.

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H-P shares hit on worries that forecast may be too optimistic
11/25/2008 12:43 PM ET

Shares fall after the high-tech giant maintains a relatively strong
outlook, which have some analysts questioning whether expectations may
be too high for
the company during the global economic meltdown.

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Telecom Stocks: Smaller phone stocks leads telecoms
11/25/2008 10:26 AM ET

Most telecommunications stocks on Tuesday rose for the third straight
trading session, but gains were not as sharp. Smaller phone companies
such as Embarq Corp. were the biggest gainers.

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Israel Stocks: Market vaults after Bank of Israel rate cut
11/25/2008 10:23 AM ET

Israel stocks leaped on Tuesday, as several of the country's key
companies reported earnings, the Treasury unveiled a plan to support
the capital markets, and the Bank of Israel cut its benchmark interest
rate half a percentage point
to a historic low of 2.5%.

Markets Tuesday, 11/25/2008

Date: Tue, 25 Nov 2008 17:31:03 -0500

| Dow : 8479.47 up 36.08 | S & P : 857.39 up 5.58 |
|NASDAQ: 1464.73 down 7.29 | Bond (10Y): 3.10%, 105.53 |

MARKETS:
Dow makes it 3-for-3
Blue-chip indicator rises again, but Nasdaq loses steam. New
government lending plan and weak economy are in focus.

U.S. stocks mostly extend three-day stretch of gains


Date: Tue, Nov 25, 2008 at 2:01 PM

U.S. stocks mostly extend three-day stretch of gains

U.S. stocks turn again -- this time mostly higher -- as financials and consumer
discretionary shares gain in the wake of the government's latest move to help
revive the ailing economy.

FED UNVEILS $800 BILLION PLAN TO BOLSTER LENDING, HOUSING

With financial markets still not working smoothly two months after almost
shutting down, the Federal Reserve unveils further steps aimed at lowering
borrowing costs for consumers and home buyers.

ECONOMIC REPORT: HOME PRICES OFF RECORD 17.4% IN PAST YEAR, CASE-SHILLER SAYS

Home prices in 20 major U.S. cities drop by 1.8% in September from the prior
month and by a record 17.4% on a year-over-year basis, according to the
Case-Shiller data compiled by Standard & Poor's.

METALS STOCKS: GOLD GIVES UP GAINS ON FALLING CRUDE, STOCK MARKETS

Gold futures give up earlier gains and move lower, as crude-oil prices tumble
and as U.S. equity markets erase gains.

BHP BILLITON SCRAPS $66 BILLION RIO TINTO BID

BHP Billiton on Tuesday scrapped its roughly $66 billion hostile bid for mining
rival Rio Tinto, saying the deal is no longer in the best interests of
shareholders after the global economic downturn led to a slump in commodity
prices.


Dow extends winning streak to 3 days with 38-point gain at close; Nasdaq ends lower, S&P up.


Date: Tue, Nov 25, 2008 at 1:01 PM

Dow extends winning streak to 3 days with 38-point gain at close; Nasdaq ends lower, S&P up.

Obama nominates congressional budget chief Orszag as director of Office of Management and Budget.

Date: Tue, 25 Nov 2008 11:54:05 -0500

Obama nominates congressional budget chief Orszag as director of
Office of Management and Budget.

U.S. stocks shift course lower as energy and tech weigh

Date: Tue, 25 Nov 2008 12:01:09 -0500
U.S. stocks shift course lower as energy and tech weigh

U.S. stocks tilt lower, erasing an earlier advance, as energy and
technology shares drag down the overall market, offsetting cheer over
the government's plan to help revive the economy.

FED TO BOLSTER CONSUMER LENDING TO THE TUNE OF UP TO $800 BILLION

In a further bid to stimulate lending, the Federal Reserve and the
Treasury announce new steps to lower borrowing costs for consumers and
home buyers, to the tune of up to $800 billion.

ECONOMIC REPORT: HOME PRICES OFF RECORD 17.4% IN PAST YEAR, CASE-SHILLER SAYS

Home prices in 20 major U.S. cities drop by 1.8% in September from the
prior month and by a record 17.4% on a year-over-year basis, according
to the Case-Shiller data compiled by Standard & Poor's.

METALS STOCKS: GOLD GIVES UP GAINS ON FALLING CRUDE, STOCK MARKETS

Gold futures give up earlier gains and move lower, as crude-oil prices
tumble and as U.S. equity markets erase gains.

BHP BILLITON SCRAPS $66 BILLION RIO TINTO BID

BHP Billiton on Tuesday scrapped its roughly $66 billion hostile bid
for mining rival Rio Tinto, saying the deal is no longer in the best
interests of shareholders after the global economic downturn led to a
slump in commodity prices.

Fed, Treasury unveil massive program to boost consumer loans.

Date: Tue, 25 Nov 2008 08:21:05 -0500

Fed, Treasury unveil massive program to boost consumer loans.

FDIC says 171 banks were on its “problem list” at the end of September, most since 1995 and up from 117 in June.

Date: Tue, 25 Nov 2008 10:01:03 -0500

FDIC says 171 banks were on its "problem list" at the end of
September, most since 1995 and up from 117 in June.

Consumer confidence rises in November although economic concerns persist.

Date: Tue, 25 Nov 2008 10:05:05 -0500

Consumer confidence rises in November although economic concerns persist.

S&P 500, Dow industrials pace gains at Tuesday's open; Nasdaq lags

Date: Tue, 25 Nov 2008 09:40:13 -0500

S&P 500, Dow industrials pace gains at Tuesday's open; Nasdaq lags
11/25/2008 9:38:20 AM EDT

Fed to buy $600B in mortgage-related debt, Treasury to pump $20B in TARP funds to boost consumer credit.

Date: Tue, 25 Nov 2008 08:26:04 -0500

Fed to buy $600B in mortgage-related debt, Treasury to pump $20B in
TARP funds to boost consumer credit.

Stocks jump at the open as Wall Street welcomes news of more government bailout help to boost consumer lending.

Date: Tue, 25 Nov 2008 09:34:03 -0500

Stocks jump at the open as Wall Street welcomes news of more
government bailout help to boost consumer lending.

Home prices decline 16.6 percent, record year-over-year pace, according to Case-Shiller national survey.

Date: Tue, 25 Nov 2008 09:02:08 -0500

Home prices decline 16.6 percent, record year-over-year pace,
according to Case-Shiller national survey.

Monday, November 24, 2008

Broad market surge as Qualcomm, Apple, IBM pace sector

Date: Mon, 24 Nov 2008 18:00:09 -0500

Tech Stocks: Broad market surge as Qualcomm, Apple, IBM pace sector
11/24/2008 4:15 PM ET
U.S. technology stocks closed sharply higher amid a broad market
upswing as investors cheered the announcement of a massive plan to
prevent a collapse of Citigroup.

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Big Apple, Microsoft names back stock-picking site
11/24/2008 5:52 PM ET

Apple co-founder Mike Markkula and Microsoft executive Mike McCue are
backing an Internet start-up designed to let stock-market investors
trade on the collective wisdom of its users.

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Hewlett-Packard confirms earnings, backs outlook
11/24/2008 5:12 PM ET

Hewlett-Packard Co. posts fiscal fourth-quarter financial results in
line with the technology giant's previous estimates. Net earnings slip
as sales rise 19%.

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Online black market valued at nearly $300 million
11/24/2008 1:56 PM ET

The underground Internet economy in fraud-related services and stolen
goods is growing into 'an efficient, global marketplace,' a new report
says.

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Telecom Stocks: Big and small telecoms rally sharply
11/24/2008 10:55 AM ET

The telecommunications sector advanced sharply along
with the rest of the U.S. market after the federal government moved to
shore up Citibank and President-Elect Barack Obama announced plans to
stimulate the economy once he takes office.

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Israel Stocks: Market recoups; banking sector cut at Merrill
11/24/2008 9:23 AM ET

Israel stocks rebounded in light of strength in U.S. futures and a U.S.
government bailout of Citigroup.

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Israel Stocks: Market tumbles 6%, benchmark near four-year low
11/23/2008 2:48 PM ET

Israel stocks, unmoved by Friday's rally on Wall Street, plummet more
than 6%, nearing a four-year low.

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DSP's CEO to take leave, chair campaign effort of Israel's Likud
11/23/2008 4:46 AM ET

DSP Group Inc.'s chairman and chief executive said he would take a
leave of absence as CEO so he can lead the campaign committee of
Israel's Likud Party for the Feb. 10 parliamentary election.

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Polysilicon prices tumble on glut, solar's hit from credit crisis
11/22/2008 1:21 PM ET

Prices of polysilicon, already pressured by a coming supply glut, are
tumbling fast as the credit crisis drives down demand for the solar
panels that are the biggest users of the raw material.

Markets Monday, 11/24/2008

Date: Mon, 24 Nov 2008 17:31:04 -0500

| Dow : 8443.39 up 396.97 | S & P : 851.81 up 51.78 |
|NASDAQ: 1472.02 up 87.67 | Bond (10Y): 3.32%, 103.56 |

MARKETS:
Dow's biggest 2-day run since '87
Citigroup rescue and Obama economic team picks propel stocks. Dow sees
its biggest two-session point gain ever and biggest two-session
percentage gain in 21 years.

stocks end solidly higher on Citi rescue, Obama team

Date: Mon, 24 Nov 2008 17:01:38 -0500

U.S. stocks rally for a second consecutive day after the government
agreed to rescue Citigroup and as President-elect Barack Obama
directed his new economic team to get to work.

OBAMA: WORK BEGINS 'TODAY' ON RECOVERY PLAN

Obama stresses the need for quick action to hasten an economic
recovery, introducing his administration's top advisers and signaling
he may be willing to stave off higher taxes for the wealthy.

CITIGROUP SOARS AS U.S. AGREES TO SWEEPING RESCUE PACKAGE

Washington's latest Hail Mary attempt to support a battered banking
system lifts Citigroup shares more than 50%, and draws kudos from
those who see the effort as setting a new industry framework, as well
as brickbats from those who sense desperation in the move.

FUTURES MOVERS: CRUDE SURGES 9.2%, THE MOST IN NEARLY THREE WEEKS

Crude-oil futures surge more than 9%, reclaiming the $50-a-barrel
mark, as a weak dollar and stronger stocks push commodities broadly
higher.

OBAMA TO AUTOMAKERS: COME PREPARED NEXT TIME

President-elect Barack Obama reiterates his stance that the government
needs to extend a financial lifeline to the sinking U.S. auto
industry, but he urged executives to map out a more detailed route to
viability.

Dow soars over 500 points as rally accelerates in final 10 minutes as investors cheer Citi rescue, Obama economic team picks.

Date: Mon, 24 Nov 2008 15:52:03 -0500

Dow soars over 500 points as rally accelerates in final 10 minutes as
investors cheer Citi rescue, Obama economic team picks.

Dow industrials up 400 points, led by Citi, B. of A., J.P. Morgan; Nasdaq up nearly 6%

Date: Mon, 24 Nov 2008 15:31:33 -0500

Dow industrials up 400 points, led by Citi, B. of A., J.P. Morgan;
Nasdaq up nearly 6%
11/24/2008 3:29:28 PM EDT

Pan-European Stoxx 600 posts biggest one-day gain ever; FTSE 100 rise is 20-year best

Date: Mon, 24 Nov 2008 12:10:14 -0500

Pan-European Stoxx 600 posts biggest one-day gain ever; FTSE 100 rise
is 20-year best
|12:08:21 PM EDT

Obama unveils economic team: Timothy Geithner named Treasury secretary, Larry Summers named director of National Economic Council.

Date: Mon, 24 Nov 2008 12:05:06 -0500

Obama unveils economic team: Timothy Geithner named Treasury
secretary, Larry Summers named director of National Economic Council.

U.S. stocks get big boost from Citi rescue

Date: Mon, 24 Nov 2008 12:01:15 -0500

U.S. stock sharply higher higher, extending the prior session's solid
gains, with bank shares in particular bolstered by word of Citigroup's
11th-hour rescue by the government.

CITIGROUP SOARS AS U.S. AGREES TO SWEEPING RESCUE PACKAGE

Citigroup shares rocket higher after federal officials back a $326
billion rescue in a plan aimed at averting chaos in the financial
system.


FINANCIAL STOCKS: UNCLE SAM'S CITI LIFELINE SPARKS RALLY

Citigroup shares jump more than 60%, rallying after the banking giant
rescue agreement reached late Sunday with federal officials, as
investors bid financial-sector shares broadly higher.

OBAMA TO UNVEIL ECONOMIC TEAM MONDAY

President-elect Barack Obama will unveil key members of his
economic-policy team on Monday, making the high-profile announcements
on the heels of the extension of a government lifeline to financial
titan Citigroup.

KING TO BUY ALPHARMA FOR $1.6 BILLION

King Pharmaceuticals Inc. on Monday said Alpharma Inc. has accepted
its revised offer to be acquired in an all-cash deal valued at $1.6
billion.

Dow surges 300 points higher a day after the government's Citigroup rescue.

Date: Mon, 24 Nov 2008 10:40:08 -0500

Dow surges 300 points higher a day after the government's Citigroup rescue.

U.S. existing-home sales fall; median price at lowest level since 2004

Date: Mon, 24 Nov 2008 10:03:55 -0500

U.S. existing-home sales fall; median price at lowest level since 2004
11/24/2008 10:02:06 AM EDT

Stocks jump at the open as Wall Street welcomes news of a Citigroup rescue.

Date: Mon, 24 Nov 2008 09:32:08 -0500

Stocks jump at the open as Wall Street welcomes news of a Citigroup rescue.

Sunday, November 23, 2008

The federal government said Sunday it would provide some loss protection for Citigroup assets and invest an additional $20 billion.

Date: Sun, 23 Nov 2008 23:48:03 -0500

The federal government said Sunday it would provide some loss
protection for Citigroup assets and invest an additional $20 billion.

Friday, November 21, 2008

Tech : Late rally gives strong boost to tech sector

Date: Fri, 21 Nov 2008 18:00:12 -0500
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Tech Stocks: Late rally gives strong boost to tech sector

11/21/2008 4:45 PM ET

Technology stocks jump in the final hour of trading, following a broad
market upswing that is sparked by reports that New York Federal
Reserve President Timothy Geithner has been tapped serve as Treasury
secretary by President-elect Barack Obama.

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The Stockpickers: Loomis Sayles fund manager favors H-P, Travelers, Pulte Homes
11/21/2008 6:29 PM ET

The bear market has been a steel trap for investors, but mutual-fund
managers such as Warren Koontz are beating the
bushes for long-term values once the economy recovers.

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Dell disappoints after reporting drops in earnings and sales
11/21/2008 5:02 PM ET

Dell shares put in a disappointing performance, falling more than 5% a
day after the company reported a decline in its third-quarter sales
that took attention away from any enthusiasm for its
better-than-expected earnings results.

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TiVo shares drop on EchoStar ruling
11/21/2008 4:42 PM ET

Shares of digital-video-recorder company TiVo Inc. fall as much as 20%
Friday on news that satellite provider EchoStar can continue to offer
its own DVRs to subscribers until at least February 2009.

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Cold reality freezes solar-energy sector as Suntech warns
11/21/2008 4:33 PM ET

The cold reality of plunging energy prices and the credit crisis cast
a pall over recently hot shares of solar-panel makers, as a leading
Chinese manufacturer slashes its revenue outlook to close out a dismal
week in the sector.

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Despite earnings report, Salesforce.com shares slip
11/21/2008 4:21 PM ET

Even with the broad uptick for technology stocks, shares of
Salesforce.com fall a day after the company delivered third-quarter
earnings that generally topped expectations.

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Long lines greet the debut of RIM's BlackBerry Storm
11/21/2008 4:12 PM ET

As Research In Motion launches its first touch-screen BlackBerry
device in the U.S. market, questions remain to be answered about how
the device will fare against its chief rival -- the iPhone.

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Telecom Stocks: Sprint, Verizon gain; AT&T lower
11/21/2008 12:01 PM ET

Sprint Nextel Corp and Verizon Communications Inc.
led telecommunications stocks in Friday trades after several days of
sharp losses. Stocks were split between advancers and decliners, with
early gains mostly evaporated.

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Autodesk shares tumble on disappointing forecast
11/21/2008 10:27 AM ET

Shares of Autodesk Inc. slid Friday after the design software maker
posted a third-quarter profit gain, but delivered a
worse-than-expected outlook.

Markets Friday, 11/21/2008

Date: Fri, 21 Nov 2008 17:31:05 -0500

| Dow : 8046.42 up 494.13 | S & P : 800.03 up 47.59 |
|NASDAQ: 1384.35 up 68.23 | Bond (10Y): 3.19%, 104.69


MARKETS:
Stocks surge on Treasury chief talk
Wall Streeters hail reports that Obama has chosen New York Fed
president Geithner for key economic job.

Stocks surge higher on word Geithner will head Treasury

Date: Fri, 21 Nov 2008 17:01:37 -0500

U.S. stocks rally on report President-elect Barack Obama would
nominate Timothy Geithner to be the nation's Treasury secretary.

GEITHNER, CLINTON, RICHARDSON TAPPED FOR KEY OBAMA POSTS

Reaching out to veteran policy-makers in a troubled economic climate,
President-elect Barack Obama reportedly fills three critical posts for
his administration.

DEBATE OVER 'MARK-TO-MARKET' ACCOUNTING RAGES ON

The debate at the Securities and Exchange Commission over whether the
agency should maintain or change controversial "mark-to-market"
accounting regulations rages on.

FUTURES MOVERS: OIL ENDS SLIGHTLY HIGHER, BUT DROPS 13% ON THE WEEK

Oil futures end slightly higher Friday but post a weekly loss of 13%,
as analysts express doubt about whether oil prices can stage a
significant rebound in the face of slumping energy demand.

WAL-MART MAKES SURPRISE CEO APPOINTMENT

In a surprise move, No. 1 retailer Wal-Mart Stores names its top
international executive, Mike Duke, to succeed Lee Scott as president
and chief executive officer.

Wall Street ends dismal week with rally on reports that NY Fed chief Geithner is on tap for Treasury Secretary. Dow back above 8,000.

Date: Fri, 21 Nov 2008 16:02:08 -0500

Wall Street ends dismal week with rally on reports that NY Fed chief
Geithner is on tap for Treasury Secretary. Dow back above 8,000.

Dow jumps 350 points on reports that NY Fed President Timothy Geithner is on tap for Treasury Secretary post.

Date: Fri, 21 Nov 2008 15:35:06 -0500

Dow jumps 350 points on reports that NY Fed President Timothy Geithner
is on tap for Treasury Secretary post.

Breaking News Fri., November 21, 2008

Date: Fri, 21 Nov 2008 09:36:06 -0800 (PST)

General Motors to Give Up Two Corporate Jets After Execs Were Blasted
on Capitol Hill [12:28 p.m. ET]

U.S. stocks struggle to retain gains as financials hit again

Date: Fri, 21 Nov 2008 12:01:22 -0500
U.S. stocks struggle to retain gains as financials hit again

U.S. stocks on Friday returned to modest gains after a brief dip into
the red, with Citigroup's pummeled shares again bruising the financial
sector. CITI SKIDS; BOARD REPORTEDLY MULLS SALE OF ALL OR PART OF
COMPANY As its board of directors reportedly meet to consider a sale
of all or part of the company, shares of Citigroup continue to fall
prey to heavy selling.

FUTURES MOVERS: OIL FUTURES FALL IN VOLATILE TRADE ON DEMAND WORRIES

Oil futures fall in volatile trading, as U.S. stocks turn lower and
analysts express doubt whether oil prices can stage a significant
rebound in the face of
slumping energy demand.

WAL-MART MAKES SURPRISE CEO APPOINTMENT

In a surprise move, No. 1 retailer Wal-Mart Stores names its top
international executive, Mike Duke, to succeed Lee Scott as president
and chief executive officer.

AID FOR BIG THREE FALTERS IN CONGRESS

Democratic leaders of Congress say there's no deal yet on aid for the
Big Three U.S. automakers until the chief executives show them
concrete plans on how they would use the federal funds to turn their
companiese around.

Stocks surge at the open as Wall Street welcomes news that struggling bank Citigroup may be on the auction block.

Date: Fri, 21 Nov 2008 09:32:05 -0500

Stocks surge at the open as Wall Street welcomes news that struggling
bank Citigroup may be on the auction block.

National average price for unleaded gas falls below $2 a gallon, says AAA, down more than 50% from this summer's record.

Date: Fri, 21 Nov 2008 04:44:03 -0500

National average price for unleaded gas falls below $2 a gallon, says
AAA, down more than 50% from this summer's record.

Thursday, November 20, 2008

Citigroup may auction parts of firm or sell company outright -- Wall Street Journal

Date: Thu, 20 Nov 2008 20:28:31 -0500

Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT

Citigroup may auction parts of firm or sell company outright -- Wall Street Journal

Date: Thu, 20 Nov 2008 20:28:31 -0500

Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT

Tech : Market sell-off leaves tech stocks battered

Date: Thu, Nov 20, 2008 at 3:00 PM

Tech Stocks: Market sell-off leaves tech stocks battered
4:39 PM ET
Another bruising market sell-off pushes technology stocks deep into the red,
with the Nasdaq Composite Index down more than 11% over the past two trading
sessions.

-----------------------------------------------------------------
Autodesk posts profit gain, but outlook disappoints
4:42 PM ET

Design software maker Autodesk Inc. posts a profit gain for its fiscal third
quarter, but also delivers an outlook for the current period that falls short
of analysts' estimates.

-----------------------------------------------------------------
Analyst upgrades Yahoo, calling stock cheap
4:23 PM ET
Needham & Co. analyst Mark May upgrades shares of troubled Internet company
Yahoo Inc., after the shares skid below $10 for the first time in more than
five years.

-----------------------------------------------------------------
Dell earnings fall 5% as economy weighs on sales
4:20 PM ET
Dell Inc. reports a 5% drop in its fiscal third-quarter earnings as the
computer giant's sales also decline due to what company officials call "a
challenging demand environment," particularly during the month of October.

-----------------------------------------------------------------
IPO Report: Grand Canyon Education ends IPO drought, but shares stumble
4:08 PM ET
Grand Canyon Education prices the first U.S. initial public offering since
August, marking the end of the longest IPO drought in at least a decade, but
shares of the online provider of eductions services stumble in their trading
debut.

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Telecom Stocks: AT&T, Verizon, Qualcomm eke gains
3:18 PM ET
AT&T Inc., Verizon Communications Inc. and Qualcomm
Inc. bucked the downward trend in the U.S. market and scraped together small
gains in Thursday trades.

-----------------------------------------------------------------
GameStop sales miss estimates in third quarter
1:49 PM ET
GameStop Corp. reports a decline in third-quarter profit because of acquisition
charges, while sales for the period come in below Wall Street's expectations.

-----------------------------------------------------------------
Refugees from SAP unit raise Oracle's ire
1:46 PM ET
Oracle Corp. is turning its wrath on a small firm
that's snapped up refugees from a controversial SAP AG unit the software giant
alleges unfairly undercut its services business.

-----------------------------------------------------------------
Apple shares lose the 'iPhone premium'
12:48 PM ET
For nearly two years, since the introduction of the iPhone at the 2007 Macworld
show, Apple's stock had been on a tear that was impressive even for a company
that was used to being one of the top investments in the tech sector.

-----------------------------------------------------------------
PC weakness to pervade Dell's earnings report
1:40 AM ET
Dell Inc. is set to deliver its fiscal third-quarter results after the market
closes Thursday, and most analysts say that regardless of what the PC giant
reports, they are expecting a tepid outlook for 2009, due in part to
anticipated weakness in the computer market.

-----------------------------------------------------------------
Israel Stocks: Tel Aviv slumps; Israel Chemicals cut, VeriFone warns
10:16 AM ET
Israeli shares slumped Thursday, with only a small handful of the TA-100 stocks
flashing green, following declines across the globe.

-----------------------------------------------------------------
Judging by Macau, telecom may be spared fair amount of gloom
7:22 AM ET
What came clear during the three-day telecom conference in Macau was that the
gloom-and-doom atmosphere in several other industries -- financial services,
construction and automobiles, even information technology -- may not apply to
the telecom industry in equal measure.

-----------------------------------------------------------------
Mobile banking's prospects looking better in Asia
4:31 AM ET
Polillo, a remote island in the northeastern Philippines with poor road
infrastructure and no public transport, is set to get a taste of mobile banking
long before the developed world does.

-

Markets Thursday, 11/20/2008

Date: Thu, 20 Nov 2008 17:31:03 -0500

| Dow : 7552.29 down 444.99 | S & P : 752.44 down 54.14
| NASDAQ: 1316.12 down 70.30 | Bond (10Y): 3.01%, 106.28

MARKETS:
S&P 500 sinks 6.7% to '97 low
Broad measure of the market closes at the lowest point in 11-1/2 years
in another brutal day on Wall Street.

Dell earnings fall 5% as economy weighs on sales

Date: Thu, Nov 20, 2008 at 2:01 PM

Dell earnings fall 5% as economy weighs on sales

Dell Inc. reports a 5% drop in its fiscal third-quarter earnings as the
computer giant's sales also decline due to what company officials call "a
challenging demand environment," particularly during the month of October.

AID FOR BIG THREE FALTERS IN CONGRESS

Democratic leaders of Congress say there's no deal yet on aid for the Big Three
U.S. automakers until the chief executives show them concrete plans on how they
would use the federal funds to turn their companiese around.

PAULSON DEFENDS HIS STEWARDSHIP OF BAILOUT

Treasury Secretary Henry Paulson on Thursday
offered a lengthy defense of Treasury's actions to date to combat the financial
market crisis and laid out the challenges that his successor will face.

FUTURES MOVERS: CRUDE ENDS AT LOWEST LEVEL SINCE MAY 2005

Crude-oil futures fall for a fifth session, slumping 7.5% to close at the
lowest level in more than three years, as global stocks tumble and economic
worries deepen.

SPECIAL REPORT: THE FUTURE OF FINANCIALS: LOWER PROFITS, INCREASED RULES

When the incoming administration of President-elect Barack Obama looks at the
financial services industry, there will be one thought above all others: to
make sure the sector survives.

No deal yet on bailout for U.S. automakers, Sen. Harry Reid says

Date: Thu, 20 Nov 2008 14:25:35 -0500

No deal yet on bailout for U.S. automakers, Sen. Harry Reid says
11/20/2008 2:23:47 PM EDT

Dow drops 400 points to fall below 7,600 for first time since March 2003.

Date: Thu, 20 Nov 2008 15:45:20 -0500

Dow drops 400 points to fall below 7,600 for first time since March 2003.

Senators reach tentative auto-loan compromise: reports

Date: Thu, 20 Nov 2008 12:41:43 -0500

Senators reach tentative auto-loan compromise: reports
11/20/2008 12:39:49 PM EDT

Stocks recover after testing lows

Date: Thu, 20 Nov 2008 12:01:12 -0500

Stocks recover after testing lows

U.S. stocks open sharply lower and then recover, with concerns about
the economy and the ailing financial and auto sectors leading the
market to fresh five-year lows.

FUTURES MOVERS: CORRECT: OIL DIVES BELOW $50 A BARREL AS STOCKS TUMBLE

Crude-oil futures fall for a fifth session, briefly slumping below $50
a barrel for the first time in nearly two years, as global stocks
tumble and economic worries deepen.

JOBLESS CLAIMS JUMP TO 16-YEAR HIGH OF 542,000

First-time filings for unemployment benefits hits the highest level
since July 1992, punctuating the struggling state of the U.S. labor
market, government data show.

THE FED: FOMC SEES YEARLONG RECESSION, MINUTES SHOW

Federal Reserve policymakers now expect the U.S. economy to contract
for as much as a year, with the risk that the slowdown could persist
for even longer, according to edited minutes of a closed-door meeting
of the Federal Open Market Committee.

METALS STOCKS: GOLD RISES ON SAFE-HAVEN BUYING AS CRUDE, STOCKS SLUMP

Gold futures rise on increased safe-haven buying as gloomy economic
news pushes stocks and crude-oil prices sharply lower.

Dow industrials down 200 points

Date: Thu, 20 Nov 2008 10:12:43 -0500

Dow industrials down 200 points
10:10:44 AM EDT

Stocks drop as Wall Street reacts to a huge jump in 1st time jobless claims and prince Alwaleed's decision to boost Citi stake to 5%.

Date: Thu, 20 Nov 2008 09:34:03 -0500

Stocks drop as Wall Street reacts to a huge jump in 1st time jobless
claims and prince Alwaleed's decision to boost Citi stake to 5%.

Oil dips below $50 a barrel as global economic recession weakens demand.

Date: Thu, 20 Nov 2008 09:04:03 -0500

Oil dips below $50 a barrel as global economic recession weakens demand.

U.S. reports number of people making first-time unemployment claims rose to 542,000 last week - highest level in 16 years.

Date: Thu, 20 Nov 2008 08:35:06 -0500

U.S. reports number of people making first-time unemployment claims
rose to 542,000 last week - highest level in 16 years.

Last week's continuing jobless claims hit 4 million, U.S. data show; initial claims rise

Date: Thu, 20 Nov 2008 08:33:38 -0500

Last week's continuing jobless claims hit 4 million, U.S. data show;
initial claims rise
8:31:47 AM EDT

Wednesday, November 19, 2008

Tech : Yahoo losses highlight another disappointing day

Date: Wed, 19 Nov 2008 18:00:09 -0500

Tech Stocks: Yahoo losses highlight another disappointing day
11/19/2008 4:34 PM ET

Technology stocks fall, as Yahoo hits a new six-year low after
Microsoft says it is not interested in buying the company. The latest
poor outlook for the
semiconductor industry also puts the pressure on chip shares.

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Chip stocks slump as SIA sees sales drop in 2009
11/19/2008 4:53 PM ET

The outlook for semiconductors is so negative that an industry group
says global chip sales could decline in 2009 -- something not seen in
eight years.
-----------------------------------------------------------------
Microsoft says it's not interested in buying Yahoo

11/19/2008 4:46 PM ET
CEO Steve Ballmer tells investors at its annual meeting that Microsoft
is no longer interested in acquiring Yahoo.

-----------------------------------------------------------------
Intuit posts widened loss, cuts 2009 outlook
11/19/2008 4:43 PM ET

Tax preparation software maker Intuit Inc. says its fiscal
first-quarter net loss widened compared to the period a year earlier,
and the company cuts its sales and profit outlook for fiscal 2009.

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Symantec, McAfee slide as Microsoft eyes free rival software
11/19/2008 4:23 PM ET

Investors push down shares of the leading vendors of corporate
software security technology after Microsoft unveils plans to
introduce a rival product free of charge in 2009.

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Telecom Stocks: Telecoms tumble as U.S. market falls
11/19/2008 3:38 PM ET

Telecommunications stocks bathed in red Tuesday as
the overall U.S. market fell sharply on more evidence of recession
-----------------------------------------------------------------
China Mobile in 3G talks with Motorola, Sony-Ericsson
11/19/2008 9:14 AM ET

China Mobile, the world's largest mobile provider, is reportedly now
in talks with Motorola and Sony-Ericsson for the production of
handsets that can used onChina's homegrown third-generation wireless
standard.
-----------------------------------------------------------------
Japan mobile market may expand by 25%, EMobile chairman says
11/19/2008 7:12 AM ET

Japan's mobile-services market could expand by more than a quarter as
more current subscribers are looking to acquire a second wireless
phone, the chairman of the country's smallest provider, EMobile, said.

Markets Wednesday, 11/19/2008

Date: Wed, 19 Nov 2008 17:31:06 -0500

| Dow : 7997.28 down 427.47 | S & P : 806.58 down 52.54
| NASDAQ: 1386.42 down 96.85 | Bond (10Y): 3.33%, 103.50

MARKETS:
Dow plunges below 8,000 - 1st time since '03
Major indexes close sharply lower. Fears grow about economy and auto industry.

Citi shares in record slump, credit-default swap spreads widen

Date: Wed, Nov 19, 2008 at 5:01 PM EDT

Citi shares in record slump, credit-default swap spreads widen

Citigroup's credit-default swap spreads widen and its shares fall after the
bank takes on more than $17 billion in assets from structured investment
vehicles and shuts another hedge fund.

THE FED: FOMC SEES YEARLONG RECESSION, MINUTES SHOW

Federal Reserve policymakers now expect the U.S. economy to contract for as
much as a year, with the risk that the slowdown could persist for even longer,
according to edited minutes of a closed-door meeting of the Federal Open Market
Committee.

COMMERCIAL MORTGAGE SECURITIES LATEST TO SHOW DISTRESS

Risk premiums on commercial mortgage-backed securities have spiked in the past
week, making this corner of the debt market the latest to show signs of
mounting distress.

At the closing bell, Dow drops below 8,000 for the first time since March 2003. S&P 500, Nasdaq each plunge 6%.

Date: Wed, 19 Nov 2008 16:02:08 -0500

At the closing bell, Dow drops below 8,000 for the first time since
March 2003. S&P 500, Nasdaq each plunge 6%.

U.S. stocks slide amid downbeat economic data

Date: Wed, 19 Nov 2008 12:01:10 -050
U.S. stocks slide amid downbeat economic data

U.S. stocks fall after the biggest-ever drop in consumer prices and
another gloomy housing report offers little cheer to investors already
fretting about the fate of the Big Three automakers.

ECONOMIC REPORT: U.S. CONSUMER PRICES FALL BY THE MOST SINCE AT LEAST 1947

U.S. consumer prices plunged by the steepest amount since records were
tabulated in 1947, the Labor Department reported Wednesday.
ECONOMIC REPORT: HOUSING STARTS FALL TO RECORD-LOW LEVEL IN OCTOBER

U.S. home builders reduced their starts of new homes by 4.5% in October,

driving new construction to the lowest level since just after World
War II, the Commerce Department estimates.

BOEING JET DELIVERIES PUSHED OUT 10 WEEKS DUE TO STRIKE: REPORT

Boeing Co. has decided against ramping up its commercial aircraft
production schedule to make up for time lost when its machinists were
on an eight-week strike this fall, according to Wednesday's Wall
Street Journal, which cited people familiar with the situation.

U.S. consumer prices drop 1% in October; core retail-inflation rate also eases

Date: Wed, 19 Nov 2008 08:33:56 -0500

U.S. consumer prices drop 1% in October; core retail-inflation rate also eases
8:31:59 AM EDT

Stocks are mixed in the first moments of trade as Wall Street digests more disappointing economic news.

Date: Wed, 19 Nov 2008 09:32:09 -0500

Stocks are mixed in the first moments of trade as Wall Street digests
more disappointing economic news.

In two signs of continuing economic contraction, the U.S. says inflation and housing starts plunged by record amounts.

Date: Wed, 19 Nov 2008

In two signs of continuing economic contraction, the U.S. says
inflation and housing starts plunged by record amounts.

Tuesday, November 18, 2008

Tech Daily: Hewlett-Packard, Yahoo gains lead tech sector rise

Date: Tue, 18 Nov 2008 18:00:24 -0500
Tech Stocks: Hewlett-Packard, Yahoo gains lead tech sector rise

Most technology stocks finish with gains as upbeat earnings from
Hewlett-Packard Co. and a chief executive change at Yahoo Inc.
highlight trading.
-----------------------------------------------------------------
Yahoo shares jump as Yang steps down from CEO spot
11/18/2008 5:06 PM ET
Shares of Yahoo jump on the news that co-founder Jerry Yang will step
down as chief executive once the struggling Web portal finds a
replacement.

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Strong results, outlook send H-P shares up 14.5%
11/18/2008 4:27 PM ET

Shares climb 14.5% after the world's largest computer maker says its
preliminary quarterly earnings would come in ahead of Wall Street's
expectations due to its international customer base and broad lineup
of technology products.

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Mark Cuban counters SEC charges on his Web site
11/18/2008 4:16 PM ET

The Internet entrepreneur and investor publicly counters
insider-trading charges leveled against him by the Securities and
Exchange Commission, refuting the allegation that he sold stock based
on information he'd previously agreed to treat as confidential.

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Yahoo seeks a clean break and a new CEO
11/18/2008 4:09 PM ET

Yahoo is coming out from the Jerry Yang era with a share price unseen
since the aftermath of the bursting of the Internet bubble, and with
rival Google in firmer command of the market for online search.

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Telecom Stocks: Qualcomm declines; Alcatel-Lucent up
11/18/2008 2:12 PM ET

Qualcomm Inc. and Qwest Communications International
Inc. topped the list of decliners as most telecommunications retreated
in Tuesday trading. Alcatel-Lucent was one of the few advancers.

-----------------------------------------------------------------
ON, Microchip drop joint bid for Atmel
11/18/2008 10:52 AM ET

ON Semiconductor Corp. withdraws from its joint offer with Microchip
Technology to buy rival Atmel Corp., citing deterioration in the
semiconductor market as well as the ongoing global financial turmoil.

Markets Tuesday, 11/18/2008

Date: Tue, 18 Nov 2008 17:31:04 -0500

|---------------------------------------------------------------------------|
| Dow : 8424.75 up 151.17 | S & P : 859.12 up 8.37 |
| NASDAQ: 1483.27 up 1.22 | Bond (10Y): 3.53%, 101.78 |
MARKETS:
Stocks fight back
Wall Street ends a volatile session with gains. HP's forecast and
Congressional hearings are in focus.

U.S. stocks fall, on track to close at five-year lows

Date: Tue, Nov 18, 2008 at 2:01 PM

U.S. stocks fall, on track to close at five-year lows

U.S. stocks slide into the red after a gauge of the home-building industry hits a new low.

ECONOMIC REPORT: HOME BUILDERS' MOOD SHOWS MORE ANGUISH THAN EVER

U.S. home builders have never been as anguished about their industry as they were in early November, with their monthly market index gauge plunging five points to a record low 9, the National Association of Home Builders reports.

BIG 3 AUTOMAKERS PLEAD BAILOUT CASE ON CAPITOL HILL

The chief executives of the Big 3 automakers press their case for a $25 billion bailout for their struggling industry, telling lawmakers that spending the money to help them would be cheaper than taking no action.

CORRECT: PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over the priorities of the government's financial market rescue package spills out into public.

STRONG RESULTS, OUTLOOK SEND H-P SHARES UP 14.5%

Shares climb 14.5% after the world's largest computer maker says its preliminary quarterly earnings would come in ahead of Wall Street's expectations due to its international customer base and broad lineup of technology products.

Wall Street ends choppy session with Dow and S&P 500 rebounding. Nasdaq edges lower as investors weigh uncertain economic future.

Date: Tue, Nov 18, 2008 at 1:02 PM

Wall Street ends choppy session with Dow and S&P 500 rebounding. Nasdaq edges lower as investors weigh uncertain economic future.

Energy: Supertanker's hijacking highlights piracy threat in Somalia

Date: Tue, Nov 18, 2008 at 10:51 AM

The brazen hijacking of a Saudi supertanker off the coast of Somalia could result in the disruption of international trade routes, but authorities have few options at their disposal to deal with a rising tide of piracy in the region, experts say.

U.S. stocks advance, bolstered by HP's outlook

Date: Tue, 18 Nov 2008 12:01:25 -0500
U.S. stocks advance, bolstered by HP's outlook

U.S. stocks move higher as investors key on technology titan
Hewlett-Packard's surprisingly rosy profit picture as well as renewed
speculation about Internet bellwether Yahoo's fate.

PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over
the priorities of the government's financial market rescue package
spills out into
public.

H-P SHARES SURGE ON STRONG RESULTS, OUTLOOK

Shares of Hewlett-Packard rally after the tech giant says it would
beat Wall Street's targets for its fiscal fourth quarter and for 2009,
marking a rare move among big-cap names in the current economic
environment.

HOME DEPOT PROFIT DROPS LESS-THAN-FORECAST 31%

Home Depot reports a 31% drop in its fiscal third-quarter profit as
consumers curtail big-ticket and other discretionary spending, leading
the world's top home-improvement retailer to lower its sales
projection for the year but keep its profit outlook.

EX-AMERICAN AIRLINES CHIEF SAYS DOWNTURN CAN SAVE CARRIERS

A severe downturn could be just the opportunity the airline sector
needs to clean up its act once and for all, said Robert Crandall, the
former chief executive of AMR Corp.'s American Airlines and a veteran
of the industry, on Tuesday.

Motorist association AAA says Thanksgiving weekend travel will decline for 1st time in 6 years.

Date: Tue, 18 Nov 2008 10:31:03 -0500

Motorist association AAA says Thanksgiving weekend travel will decline
for 1st time in 6 years.

Hewlett-Packard shares gain as blue chip posts higher quarterly profit, revenue

Date: Tue, 18 Nov 2008 08:10:04 -0500

Hewlett-Packard shares gain as blue chip posts higher quarterly profit, revenue
8:08:15 AM EDT

Foreclosures knock home prices lower, falling 9% in third quarter from same period last year, Realtors group reports.

Date: Tue, 18 Nov 2008 10:02:06 -0500

Foreclosures knock home prices lower, falling 9% in third quarter from
same period last year, Realtors group reports.

Stocks get off to a rocky start as Wall Street reacts to more bleak economic news.

Date: Tue, 18 Nov 2008 09:32:05 -0500

Stocks get off to a rocky start as Wall Street reacts to more bleak
economic news.

Monday, November 17, 2008

Yahoo says Yang stepping down as CEO, will remain on board

Date: Mon, 17 Nov 2008 20:10:28 -0500
Yahoo says Yang stepping down as CEO, will remain on board
8:08:31 PM EDT

Tech Daily: Dell downgrade highlights weak trading session


Date: Mon, Nov 17, 2008 at 3:00 PM

Technology stocks put in a largely downbeat day as investors take in new
analyst downgrades on PC giant Dell Inc. and hard disk-drive maker Western
Digital Corp. amid uncertain prospects for the computer market next year.

-----------------------------------------------------------------
Tech Stocks: Sun Micro layoffs lead to broad tech losses

5:01 PM ET
Technology stocks sink as the broader market sells off and Sun Microsystems
announces plans to lay off as many as 6,000 workers.



-----------------------------------------------------------------
Symantec CEO John Thompson to retire
5:07 PM ET
Symantec Corp. Chief Executive John Thompson, who has led the security software
maker through a trying period of expansion, will retire by the end of the
company's fiscal year, the company says.

-----------------------------------------------------------------
Dell gets downgraded ahead of earnings report
 5:01 PM ET
Analysts continue to show little enthusiasm for the personal-computer giant due
to fears over a weak outlook for the PC market and the company's ability to
gain market share next year.

-----------------------------------------------------------------
Telecom Stocks: Nokia, Nortel gain; Sprint, AT&T lower
1:51 PM ET
In another turbulent session, some
telecommunications stocks such as Nortel Networks Corp. shot higher, while
others like Virgin Mobile USA. Inc. fell sharply.

-----------------------------------------------------------------
Research In Motion gets bounce ahead of touch-screen launch
1:47 PM ET
Shares of Research In Motion get a boost as one analyst reports strong sales of
the BlackBerry Bold ahead of the launch of the company's first touch-screen
device later this week.

-----------------------------------------------------------------
Europe Markets: Financials pull Europe to another day of losses
12:09 PM ET
European shares declined for the fourth time in five sessions on Monday, with
banks notably lower amid more gloomy news on the global economy.

-----------------------------------------------------------------
Economic Report: Industrial output comes back part way from storms
11:00 AM ET
Output of the nation's factories, mines and utilities partially rebound in
October from September's sharp weather-related slump, the Federal Reserve
reports.

Markets Monday, 11/17/2008

Date: Mon, 17 Nov 2008 17:31:03 -0500

| Dow : 8273.58 down 223.73 | S & P : 850.75 down 22.54 |
| NASDAQ: 1482.05 down 34.80 | Bond (10Y): 3.65%, 100.75
-----------------------------------------------------------------------------

MARKETS:
Dollar down despite G20 meeting
U.S. currency slides against euro, pound, but gains against Japanese yen.

U.S. stocks close lower as global economy weighs

Date: Mon, Nov 17, 2008 at 2:01 PM

U.S. stocks close lower as global economy weighs

U.S. stocks drop, extending a two-week losing streak, as Citigroup Inc.
announces it will slash 50,000 jobs and Japan slips into a recession,
heightening investors' worries about the depth of the global slowdown.

CITIGROUP PLANS 50,000 JOB CUTS IN LATEST JOLT TO WALL STREET

In the most dramatic round of layoffs seen to date in the battered U.S.
financial sector, Citigroup says that it plans to cut about 50,000 additional
jobs as part of an effort to help stem huge losses sparked by bad investments
and lending decisions.

MARK CUBAN CHARGED WITH INSIDER TRADING

High-profile billionaire Mark Cuban is charged with insider trading by the
Securities and Exchange Commission after allegedly selling shares of an
Internet search engine based on non-public information, sparing himself about
$750,000 in losses.

RESEARCH IN MOTION GETS BOUNCE AHEAD OF TOUCH-SCREEN LAUNCH

Shares of Research In Motion get a boost as one analyst reports strong sales of
the BlackBerry Bold ahead of the launch of the company's first touch-screen
device later this week.

TOP SIX GOLDMAN SACHS EXECS FORGOING 2008 BONUSES: WSJ

Pressured by an almost-unprecedented financial meltdown and a gathering outcry
over executive pay on Main Street, Goldman Sachs reportedly will pay no bonuses
in 2008 to its top management -- a move that may set the precedent across a
troubled Wall Street. Switzerland's UBS also takes steps to reform policies on
executive pay.

Wall Street closes down after choppy session. Dow drops more than 200 points as Citi job losses and tough economy weigh on stocks.

Date: Mon, 17 Nov 2008 16:01:06 -0500

Wall Street closes down after choppy session. Dow drops more than 200
points as Citi job losses and tough economy weigh on stocks.

Citigroup plans 50,000 job cuts in latest jolt to Wall Street

Date: Mon, 17 Nov 2008 12:01:15 -0500

Citigroup plans 50,000 job cuts in latest jolt to Wall Street

TARGET SUSPENDS BUYBACK AS PROFIT DROPS 24%

Target Corp. says its fiscal third-quarter profit drops 24%, hurt by
consumers paring back on discretionary spending and failing to make
their credit card payments.

TOP SIX GOLDMAN SACHS EXECS FORGOING 2008 BONUSES: WSJ

Pressured by an almost-unprecedented financial meltdown and a
gathering outcry over executive pay on Main Street, Goldman Sachs
reportedly will pay no bonuses in 2008 to its top management -- a move
that may set the precedent across a troubled Wall Street.
Switzerland's UBS also takes steps to reform policies on
executive pay.

ECONOMIC REPORT: ECONOMISTS MORE BEARISH ON ECONOMY, NABE SURVEY SHOWS

The U.S. is in for a "prolonged" recession dragging into 2009, and
joblessness may climb to a 7.5% rate, a full percentage point higher
than the current unemployment rate, the National Association for
Business Economics says.

ECONOMIC REPORT: INDUSTRIAL OUTPUT COMES BACK PART WAY FROM STORMS

Output of the nation's factories, mines and utilities partially
rebound in. October from September's sharp weather-related slump, the
Federal Reserve reports.

Stocks fall as Wall Street reacts to bleak news. Citigroup announces 50,000 job cuts, economists predict a long recession.

Date: Mon, 17 Nov 2008 09:33:04 -0500

Stocks fall as Wall Street reacts to bleak news. Citigroup announces
50,000 job cuts, economists predict a long recession.

Retailer Target's third-quarter profit falls nearly 24%

Date: Mon, 17 Nov 2008 08:32:17 -0500

Retailer Target's third-quarter profit falls nearly 24%
8:30:18 AM EDT

Financial services giant Citigroup says it will cut more than 50,000 jobs, slashing staff to 300,000.

Date: Mon, 17 Nov 2008 08:22:03 -0500

Financial services giant Citigroup says it will cut more than 50,000
jobs, slashing staff to 300,000.

Sunday, November 16, 2008

Tokyo stocks pace Asia losses as data show Japan slides into recession

Date: Sun, 16 Nov 2008 19:46:43 -0500

Tokyo stocks pace Asia losses as data show Japan slides into recession.
7:44:42 PM EDT

Saturday, November 15, 2008

G-20 leaders emerge from summit - call for tougher rules for banks, series of measures in early '09 to stabilize global markets.

Date: Sat, 15 Nov 2008 14:17:08 -0500

G-20 leaders emerge from summit - call for tougher rules for banks,
series of measures in early '09 to stabilize global markets.

Friday, November 14, 2008

Markets Friday, 11/14/2008

Date: Fri, 14 Nov 2008 17:31:07 -0500

| Dow : 8497.31 down 337.94 | S & P : 873.29 down 38.00
|NASDAQ: 1516.85 down 79.85 | Bond (10Y): 3.72%, 100.16
MARKETS:
Stocks tumble to a close
Volatile markets end lower, with Dow down 338, as investors abandon
recovery attempt. Bleak retail sales report exacerbates fears of a
long recession.

U.S. stocks tally another week of losses on ailing economy

Date: Fri, 14 Nov 2008 17:01:43 -0500
U.S. stocks tally another week of losses on ailing economy

U.S. stocks on Friday fall sharply to tally a second straight week of
losses as a record decline in retail sales and a warning of falling
mobile-phone sales hammered home the ongoing fallout of the ailing
economy.

TELECOM REPORT: VISE TIGHTENS AS TELECOM SUPPLIERS FACE MORE BAD TIMES

Vendors that make telecommunications equipment used by consumers or
large phone carriers are bracing for a difficult 2009 as customers
pare back on their spending to cope with what's unfolding as an
economic downturn on a global
scale. It appears some suppliers could be headed for bankruptcy.

Dow falls more than 300 points. Losses accelerate - one day after a strong rally - as the global economy darkens.

Date: Fri, 14 Nov 2008 12:08:02 -0500

Dow falls more than 300 points. Losses accelerate - one day after a
strong rally - as the global economy darkens.

Stocks drop as weak retail sales signal economic trauma

Date: Fri, 14 Nov 2008 12:01:09 -0500
Stocks drop as weak retail sales signal economic trauma

ECONOMIC REPORT: RETAIL SALES PLUNGE RECORD 2.8% IN OCTOBER

Falling for a fourth straight month, U.S. retail sales plunge a record
2.8% in October as sales of autos and gasoline plummet.

THE FED: BERNANKE, IN EUROPE, SAYS CENTRAL BANKS REMAIN ON POINT

Central banks around the world stand ready to take additional actions
as needed to restore financial market stability and ease the global
credit crunch, Federal Reserve Board Chairman Ben Bernanke tells a
European audience.

IT'S OFFICIAL BUT NOT UNEXPECTED: EURO ZONE'S IN RECESSION

A global economic slowdown, financial turmoil and home-grown problems
combine to push the 15-nation euro zone into recession, data show.

NOKIA WARNS MOBILE-DEVICE INDUSTRY SALES WILL FALL IN 2009

Nokia, the world's top maker of mobile phones, warns industry sales of
wireless handsets will fall next year as consumers pull back in the
face of the economic slump and limited credit availability.

European Union says the 15 countries that use the euro are in recession.

Date: Fri, 14 Nov 2008 05:11:03 -0500

European Union says the 15 countries that use the euro are in recession.

Germany, Italy drag euro area into recession during third quarter

Date: Fri, 14 Nov 2008 05:03:14 -0500

Germany, Italy drag euro area into recession during third quarter
11/14/2008 5:01:20 AM EDT

Nokia sees steeper industry slowdown in demand for mobile devices

Date: Fri, 14 Nov 2008 08:06:42 -0500

Nokia sees steeper industry slowdown in demand for mobile devices
11/14/2008 8:04:51 AM EDT

Sun Microsystems says it will slash up to 6,000 jobs - 18% of global workforce.

Date: Fri, 14 Nov 2008 08:12:04 -0500

Sun Microsystems says it will slash up to 6,000 jobs - 18% of global workforce.

Breaking News Fri., November 14, 2008

Date: Fri, 14 Nov 2008 06:14:52 -0800 (PST)

Retail Sales Drop 2.8 Percent in October, Exceeding Previous Record
Set in November, 2001 [9:04 a.m. ET]

Stocks tumble out of the gate after Fannie Mae reports a mammoth loss and companies across a wide swath of the economy slash jobs.

Date: Fri, 14 Nov 2008 09:31:05 -0500

Stocks tumble out of the gate after Fannie Mae reports a mammoth loss
and companies across a wide swath of the economy slash jobs.

Freddie Mac reports $25 billion quarterly loss - says government will pump $13.8 billion into troubled mortgage-insurance giant.

Date: Fri, 14 Nov 2008 07:47:19 -0500

Freddie Mac reports $25 billion quarterly loss - says government will
pump $13.8 billion into troubled mortgage-insurance giant.

Thursday, November 13, 2008

Tech: Big gains lead sector up at market close

Date: Thu, 13 Nov 2008 18:00:29 -0500
Tech Stocks: Big gains lead sector up at market close

Technology stocks come to life in late trading as the sector turns its
back on a sales warning from semiconductor giant Intel and as the
broader market weighs seven-year-high jobless claims.

Applied Materials shares climb despite weak earnings report
11/13/2008 5:17 PM ET

Applied Materials Inc. shares climb more than 14% even after the
semiconductor-equipment maker reported a 45% drop in fourth-quarter earnings.

-----------------------------------------------------------------
Dell, H-P feel impact from Intel sales warning

Fears of a recession, reports of lower-than-expected sales at major
electronic retailers and a revenue warning from Intel combine to lead
several analysts to cut their forecasts for the entire computer
industry, along with their earnings and sales expectations on the PC
sector's two largest players.

-----------------------------------------------------------------
After a delay, Microsoft makes big moves in China
11/13/2008 3:39 PM ET

More than a year after the surprise resignation of Microsoft's chief
executive of greater China, the software giant names former
Motorola.executive Simon Leung to oversee a key market that is fraught
with both great commercial promise and potential political hazard.

-----------------------------------------------------------------
Telecom Stocks: Sprint, Nortel gain; most telecoms fall
11/13/2008 1:28 PM ET

After several days of heavy losses, Sprint Nextel
Corp. and Nortel Networks Corp. sprung back with sizable gains to lead
telecommunications stocks in Thursday trades.

-----------------------------------------------------------------
London Markets: Bank shares drag London lower; BT soars after job cut plan
11/13/2008 12:04 PM ET

BT Group shares climb in London on Thursday, after the company reports
higher profit for its fiscal second quarter and says that it will cut
10,000 jobs to lower costs.

-----------------------------------------------------------------
Intel warning draws mixed view from Wall Street
11/13/2008 11:00 AM ET

Intel draws a mixed reaction from Wall Street after slashing its
revenue forecast for the fourth quarter due to a drop in PC demand
caused by the slowing economy.

Markets Thursday, 11/13/2008

Date: Thu, 13 Nov 2008 17:31:03 -0500

| Dow : 8835.25 up 552.59 | S & P : 911.29 up 58.99 |
|NASDAQ: 1596.70 up 97.49 | Bond (10Y): 3.88%, 99.03 |

MARKETS:
Swinggng stocks end with surge
Dow rallies 552 points, an 870-point rebound from lows. Nasdaq and S&P
500 bounce as well.

U.S. stocks close crazed session with large surge higher

Date: Thu, 13 Nov 2008 17:01:38 -0500
U.S. stocks close crazed session with large surge higher

U.S. stocks shift up and down in volatile trade as the market, down
for three straight days, tries to absorb rising unemployment claims
and reduced outlooks from Intel Corp. and Wal-Mart Stores Inc.

DELL, H-P FEEL IMPACT FROM INTEL SALES WARNING

Fears of a recession, reports of lower-than-expected sales at major
electronics retailers and a revenue warning from Intel combine to lead
several analysts to cut their forecasts for the entire computer
industry, along with their earnings and sales expectations on the PC
sector's two largest players.

METALS STOCKS: GOLD FUTURES DIP BELOW $700, THEN RALLY IN ELECTRONIC TRADING

Gold futures drop below $700 an ounce for the first time in three
weeks, ready to extend their losing streak to three sessions.

GE SHARES FALL TO 12-YEAR LOW ON FINANCING-COST CONCERNS

General Electric reaffirms its 2009 dividend as its stock price falls
by as much as 11% on renewed speculation that the industrial
conglomerate may have to
raise additional cash to cover higher debt costs.

ECONOMIC REPORT: FEDERAL DEFICIT BALLOONS ON BAILOUT COSTS

The U.S. federal government deficit soars in October to a record
$237.2 billion, as the government invested more than $136 billion in
various bank bailout programs, the Treasury reports.

Stock rally intensifies, with the Dow surging 500 points, bouncing back from earlier losses. Nasdaq up 5%, S&P500 up 6%.

Date: Thu, 13 Nov 2008 15:57:03 -0500

Stock rally intensifies, with the Dow surging 500 points, bouncing
back from earlier losses. Nasdaq up 5%, S&P500 up 6%.

Energy: Energy analysts eye tight credit, slack gasoline demand

Date: 13 NOV 2008 20:14:37 GMT

The energy sector faces growing natural-gas supplies, lower oil
production, capital spending cuts and tight capital markets from the
global economic slowdown in what promises to be a challenging 2009,
analysts say.

Dow falls 300 points in midday trading as economic fear intensifies.

Date: Thu, 13 Nov 2008 13:08:03 -0500

Dow falls 300 points in midday trading as economic fear intensifies.

Initial jobless claims top 500,000, highest in over seven years

Date: Thu, 13 Nov 2008 12:01:10 -0500
Initial jobless claims top 500,000, highest in over seven years

First-time filings for state unemployment benefits hit their highest
level since September 2001 in the latest week, rising to 516,000 in
another sign of a struggling labor market, U.S. data show.

MORTGAGE APPLICATIONS UP 11.9% LAST WEEK AS RATES FALL: MBA

With consumers taking advantage of lower mortgage rates, mortgage
applications filed last week rise a seasonally adjusted 11.9% from the
prior week, Mortgage Bankers Association data show.

INTEL WARNING DRAWS MIXED VIEW FROM WALL STREET

Intel draws a mixed reaction from Wall Street after slashing its
revenue forecast for the fourth quarter due to a drop in PC demand
caused by the slowing economy.

WAL-MART'S NET RISES 10% ON INVENTORY CONTROL, VALUE MESSAGE

Wal-Mart's third-quarter profit rises 10%, helped by inventory control
and a value message that's won new and repeat shoppers worried about
the economy, financial results show. The blue-chip retailer also
tightens its projected range for full-year profit.

CHINA'S OCT. INDUSTRIAL GROWTH FALLS TO 2001-LOWS

China's industrial production growth decelerated
more than expected in October, raising concerns the nation's
export-driven boom could be running out of steam, and highlighting the
need for Beijing to step up measures to bolster domestic consumption.

U.S. reports number of people making first-time unemployment claims rose to 516,000 last week - most since September 2001.

Date: Thu, 13 Nov 2008 08:34:03 -0500

U.S. reports number of people making first-time unemployment claims
rose to 516,000 last week - most since September 2001.

Shares turn lower after an early pop.

Date: Thu, 13 Nov 2008 09:53:04 -0500

Shares turn lower after an early pop.

Stocks rise at the open despite a flurry of troubling economic news and heightened recession talk.

Date: Thu, 13 Nov 2008 09:31:03 -0500

Stocks rise at the open despite a flurry of troubling economic news
and heightened recession talk.

Initial U.S, jobless claims at highest level since September 2001

Date: Thu, 13 Nov 2008 08:41:04 -0500

Initial U.S, jobless claims at highest level since September 2001
11/13/2008 8:39:07 AM EDT

Wednesday, November 12, 2008

Markets Wednesday, 11/12/2008

Date: Wed, 12 Nov 2008 17:31:04 -0500

| Dow : 8282.66 down 411.30 | S & P : 852.30 down 46.65
| NASDAQ: 1499.21 down 81.69 | Bond (10Y): 3.65%, 102.81

MARKETS:
Dow sinks 660 points in 3 days
The blue-chip index sheds 400 points Wednesday as recession fears take
center stage. Paulson gives update on revamped $700B bailout.

Tech Daily: Nasdaq slides under 1,500 mark, sparking sell-off on tech stocks



Tech Daily - NOVEMBER 12, 2008
-----------------------------------------------------------------
Tech Stocks: Nasdaq slides under 1,500 mark, sparking sell-off on tech stocks

Technology stocks crash in the wake of fresh worries about the economy, pushing the Nasdaq Composite Index down below the 1,500 mark for the first time in more than five years.

Intel Corp. says that it expects financial results for its current, fourth
fiscal quarter to be "below expectations," as the technology bellwether
grapples with a flagging economy.

Applied Materials Inc. reports a fourth-quarter profit that fell 45% as
semiconductor-and-solar panel equipment maker delivered weaker sales. The
company also says it will slash 1,800 jobs.

-----------------------------------------------------------------
Google seeks new ad model with YouTube videos

5:16 PM ET
Google Inc. begins its latest effort to tap YouTube for revenue by presenting
sponsored videos alongside search results on the popular service.

-----------------------------------------------------------------
After Hours: Applied Materials, NetApp rise after results

4:30 PM ET
Better-than-expected quarterly results from Applied Materials and NetApp lift
shares of the technology companies higher in the evening.

-----------------------------------------------------------------
Google stock below $300 mark for first time since 2005

4:23 PM ET
Analysts who follow Google Inc. cut their estimates for the Internet giant's
fourth-quarter financial results, as the company's shares dip below the $300
mark for the first time in more than three years.

-----------------------------------------------------------------
Telecom Stocks: Sprint, Nortel lead retreat again

2:32 PM ET
Sprint Nextel Corp. and Nortel Networks Corp. led telecommunications stocks sharply lower in Wednesday action as the sector once
again mirrored the broader U.S. market.

U.S. stocks end lower for third day as Best Buy adds to gloom

Date: Wed, 12 Nov 2008 17:01:49 -0500
U.S. stocks end lower for third day as Best Buy adds to gloom

U.S. stocks close sharply lower as Treasury Secretary Henry Paulson
shifts the focus of the government's bailout plan from troubled
mortgage assets to consumer credit and Best Buy Co. Inc. cuts its
outlook.

GOOGLE STOCK BELOW $300 MARK FOR FIRST TIME SINCE 2005

Analysts who follow Google Inc. cut their estimates for the Internet
giant's fourth-quarter financial results, as the company's shares dip
below the $300 mark for the first time in more than three years.

FUTURES MOVERS: CRUDE FUTURES DROP 5% TO CLOSE AT A NEARLY 22-MONTH LOW

Crude futures fall below $57 per barrel, extending declines during a
second session as concerns about a sharp slowdown in demand push
prices to a fresh 21-month low.

PAULSON FLIPS THE SCRIPT ON FINANCIAL-RESCUE PLAN

The Treasury secretary lays out details for the next stage of the
government's financial-market rescue package, announcing that he has
shelved the original plan to buy troubled mortgage assets while
turning his attention to nonbank financial institutions and consumer
finance.

BEST BUY FLAGS UNEXPECTED PROFIT DROP AS CONSUMERS CUT BACK

Best Buy Co. cuts its fiscal 2009 outlook because of a fast-paced
meltdown in consumer spending since the end of summer.

Dow ends with 400-point loss, pushing the 3-day drop to about 650, on concerns about retail and banking sectors.

11/12/2008 4:11:35 PM EDT

Dow ends with 400-point loss, pushing the 3-day drop to about 650, on concerns about retail and banking sectors.

Nasdaq falls below 1,500 level for the first time since 2003

Google shares trade below $300 for first time since 2005.

Date: Wed, Nov 12, 2008 at 11:28 AM

Google shares trade below $300 for first time since 2005.[2:26:42 PM EDT]

House to consider new $25 billion loan for auto industry: Rep. Frank


Date: Wed, Nov 12, 2008 at 12:17 PM

House to consider new $25 billion loan for auto industry: Rep. Frank[3:15:11 PM EDT]

Paulson lays out rescue-plan shift to consumers

Date: Wed, 12 Nov 2008 12:01:13 -0500
Paulson lays out rescue-plan shift to consumers

Treasury Secretary Henry Paulson offers his plans for the next stage
of the financial market rescue package, announcing he has shelved a
plan to buy troubled mortgage assets and is moving his attention to
non-banks and consumer finance.

STOCKS DROP IN EARLY TRADING AS BEST BUY ADDS TO GLOOM

U.S. stocks extend losses into a third day, as investors fret about
ailing financial and auto sectors and Best Buy Co. Inc. lowers its
outlook, offering further evidence of weak consumer spending.

BEST BUY FLAGS UNEXPECTED PROFIT DROP AS CONSUMERS CUT BACK

Best Buy Co. cuts its fiscal 2009 outlook because of a fast-paced
meltdown in consumer spending since the end of summer.

MACY'S SWINGS TO LOSS, CUTS CAPITAL SPENDING

Hurt by consumers curtailing their discretionary spending, Macy's
posts a third-quarter loss as the department-store operator also says
it plans to slas hcapital spending. But shares gain as management
stands by its projection for

AMEX ASKS U.S. FOR $3.5 BILLION: WSJ

American Express Co. is the latest company to seek U.S. government
help to steer it through the financial crisis, according to a story
Wednesday in The Wall Street Journal.

Paulson: Bailout priorities now include investments in non-bank financial firms and a push for private capital to match U.S. funds.

Date: Wed, 12 Nov 2008 10:46:02 -0500

Paulson: Bailout priorities now include investments in non-bank
financial firms and a push for private capital to match U.S. funds.

Stocks drop at the open as deeper economic cracks appear...

Date: Wed, 12 Nov 2008 09:32:08 -0500

Stocks drop at the open as deeper economic cracks appear with
retailers painting a bleak picture.

Tuesday, November 11, 2008

Tech: Sector loses ground amid broader market retreat

Date: Tue, 11 Nov 2008 18:00:09 -0500

Tech Stocks: Sector loses ground amid broader market retreat

Technology stocks lose more ground as most bellwether issues close
lower amid fears about the economy and weak earnings from the broader
market.

-----------------------------------------------------------------
Stocks to Watch: Stocks in focus for Wednesday

Among the companies whose shares are expected to see active trade in
Wednesday's session are Applied Materials Inc., Macy's Inc. and NetApp
Inc.

Energy: Stocks in focus for Wednesday

Date: 11 NOV 2008 22:49:24 GMT

Among the companies whose shares are expected to see active trade in
Wednesday's session are Applied Materials Inc., Macy's Inc. and NetApp
Inc.

Markets Tuesday, 11/11/2008

Date: Tue, 11 Nov 2008 17:31:05 -0500

| Dow : 8693.96 down 176.58 | S & P : 898.95 down 20.26

| NASDAQ: 1580.90 down 35.84 | Bond (10Y): 3.75%, 101.97
MARKETS:
Stocks drop on recession jitters
Worries about the global economic slowdown remain in focus, sending
Wall Street tumbling.

Stocks end lower on signs of weakening consumer spending

Date: Tue, 11 Nov 2008 17:01:35 -0500
Stocks end lower on signs of weakening consumer spending

U.S. stocks fall for a second day after quarterly results and outlooks
from luxury home builder Toll Brothers Inc. and coffee retailer
Starbucks Corp. illustrate softening consumer spending.

U.S. UNWRAPS LATEST PLAN TO STEM FORECLOSURES

In their most aggressive move yet to stem a tide of home foreclosures,
the government and the mortgage industry say they'll try to modify
hundreds of thousands of mortgages to make them affordable.

FUTURES MOVERS: OIL FUTURES END BELOW $60 A BARREL AS ECONOMIC CONCERNS DOMINATE

Crude-oil futures close below $60 per barrel after briefly touching
their lowest level in 21 months, as concerns about the health of the
global economy and its impact on energy demand sparked fresh selling
among traders.

OBAMA'S FIRST PRIORITY REMAINS ECONOMY: PODESTA

The first priority for Barack Obama remains the economy, a co-chairman
of his transition team says, but the president-elect won't meet any of
the leaders coming to Washington this weekend for a global economic
summit.

Oil closes at a 19-month low, down $3.08 to $59.33 a barrel as demand evaporates.

Date: Tue, 11 Nov 2008 14:53:04 -0500

Oil closes at a 19-month low, down $3.08 to $59.33 a barrel as demand
evaporates.

Stocks close down, with the Dow off 178, on intensifying fears about a deepening recession.

Date: Tue, 11 Nov 2008 16:02:08 -0500

Stocks close down, with the Dow off 178, on intensifying fears about a
deepening recession.

U.S. unveils plan to use Fannie and Freddie to help at-risk homeowners – streamlining process for offering affordable mortgages.

Date: Tue, 11 Nov 2008 14:12:04 -0500

U.S. unveils plan to use Fannie and Freddie to help at-risk homeowners
– streamlining process for offering affordable mortgages.

Crude futures fall to 21-month low; gold closes $14 lower

Date: Tue, 11 Nov 2008

Crude futures fall to 21-month low; gold closes $14 lower
1:59:17 PM EDT

Dow falls 300 points as investors' recession fears intensify.

Date: Tue, 11 Nov 2008 12:28:04 -0500

Dow falls 300 points as investors' recession fears intensify.

Energy: Russian equities fall sharply, as ruble drops 1% vs. basket

Date: 11 NOV 2008 17:10:36 GMT

Equities in Moscow fall sharply, forcing trading suspensions on local
stock exchanges, as the Russian central bank allows the ruble to
weaken about 1% against its dual currency basket.

U.S. stocks extend slump amid lowered earnings and outlooks

Date: Tue, 11 Nov 2008 12:01:10 -0500
U.S. stocks extend slump amid lowered earnings and outlooks

U.S. stocks slip at start after Toll Brothers Inc. and
InterContinental Hotels Group noted downturns in the last month and as
American Express Co. converted into a bank to get speedier access to
U.S. government cash.

CITI UNVEILS HOUSING RELIEF PLAN

Citigroup Inc. releases details of a plan that it says will help
mortgage borrowers remain in their homes.

STARBUCKS' SHARES FALL ON DISAPPOINTING RESULTS

Shares of coffee giant Starbucks are under pressure early Tuesday on
the heels of a disappointing quarterly profit report.

FUTURES MOVERS: OIL FALLS MORE THAN 5% AS ECONOMIC CONCERNS DOMINATE

Crude-oil futures fall more than 5%, as concerns about the health of
the global economy and its impact on energy demand spark fresh selling
among traders.

U.K.'S BROWN PUSHES GLOBAL TAX CUTS AS LEADERS PREPARE FOR G20

British Prime Minister Gordon Brown urges a worldwide round of tax
cuts in order to stave off a deep global recession.

Stocks edge lower at the open as investors continue to keep an eye on the economy.

Date: Tue, 11 Nov 2008 09:32:09 -0500

Stocks edge lower at the open as investors continue to keep an eye on
the economy.

Monday, November 10, 2008

American Express gets Fed approval to become bank-holding company

Date: Mon, 10 Nov 2008 18:32:51 -0500

American Express gets Fed approval to become bank-holding company
6:30:47 PM EDT

Tech Daily: Broad losses send sector down at the close

Date: Mon, 10 Nov 2008 18:00:10 -0500
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Tech Stocks: Broad losses send sector down at the close
11/10/2008 4:31 PM ET

Technology stocks turn south as the broader market gives up early
gains that were fueled by upbeat reaction to the Chinese government's
nearly $600 billion
economic stimulus plan.

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Applied Materials falls on downgrade
11/10/2008 4:21 PM ET
Shares of Applied Materials Inc. fall after an analyst downgrades the
company to perform citing that the much-anticipated boost from its
solar power business might not materialize given the slowing economy.

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Telecom Stocks: Nortel, Sprint sink; AT&T, Verizon rise
11/10/2008 3:50 PM ET
Nortel Networks Corp. sank 20% and Sprint Nextel
Corp. fell 8% as most telecommunications stocks retreated in Monday trades.

Nortel swings to $3.4 billion quarterly loss, plans lay-offs
11/10/2008 10:55 AM ET

Telecom-equipment vendor Nortel swings to a third-quarter net loss of
$3.4 billion and says it will cut spending and lay off workers amid
the economic downturn.

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Israel Stocks: Tel Aviv trades higher; Cellcom reports, Nice results on deck

11/10/2008 9:33 AM ET
Israeli shares trade higher, gaining for a second straight session,
with IsraelChemicals and its parent, the banks and Teva Pharmaceutical
Industries all taking part in a broad move to the upside.

Markets Monday, 11/10/2008

Date: Mon, 10 Nov 2008 17:31:05 -0500

| Dow : 8870.54 down 73.27 | S & P : 919.21 down 11.78 |
| NASDAQ: 1616.74 down 30.66 | Bond (10Y): 3.75%, 101.97
MARKETS:
Recession fear batters Wall Street
Stocks retreat on worries about corporate health amid the global
economic slowdown.

U.S. stocks end lower as financials falter; GM battered

Date: Mon, 10 Nov 2008 17:01:38 -0500
U.S. stocks end lower as financials falter; GM battered

U.S. stocks finished lower Monday, sending the Dow Jones Industrial
Average back below 9,000, after early enthusiasm over China's economic
stimulus fading in favor of ongoing worries about U.S. companies,
including General Motors Corp.

THE RATINGS GAME: DEUTSCHE BANK CUTS GM TO SELL; SHARES SEEN LIKELY WORTHLESS

General Motors gets downgraded to sell from hold by Deutsche Bank,
which sees U.S. government intervention as inevitable. GM shares come
under renewed selling pressure.

THE FED: U.S. GOVERNMENT DRAMATICALLY ALTERS TERMS OF AIG'S BAILOUT

The Federal Reserve and the Treasury have restructured the
government's support for AIG, the insurance giant taken over on Sept.
16, in a sweeping manner. Investors in AIG applaud.

CHINA LIFTS WRAPS ON STIMULUS PACKAGE

China unveiled on Sunday what it described as a "massive" economic
stimulus package worth over half a trillion dollars in an effort to
reverse slowing economic growth in the world's most populous country.

Stocks falter, closing lower on concerns about automakers and retailers. The Dow loses 0.7%, while the Nasdaq drops 1.9%.

Date: Mon, 10 Nov 2008 16:02:09 -0500

Stocks falter, closing lower on concerns about automakers and
retailers. The Dow loses 0.7%, while the Nasdaq drops 1.9%.

Midday Report: U.S. stocks losing some lift from China stimulus package

Date: Mon, 10 Nov 2008 12:01:18 -0500

U.S. stocks losing some lift from China stimulus package

Stocks scale back gains, with the Dow Jones Industrial Average
flirting with the 9,000 level, as enthusiasm over China's economic
stimulus package was partially offset by ongoing worries about U.S.
companies.

CHINA LIFTS WRAPS ON STIMULUS PACKAGE

China unveiled on Sunday what it described as a "massive" economic
stimulus package worth over half a trillion dollars in an effort to
reverse slowing economic growth in the world's most populous country.

THE FED: FED, TREASURY REVAMP SUPPORT FOR INSURER AIG

The Federal Reserve and the Treasury have restructured the
government's support for AIG, the insurance giant taken over on Sept.
16.

CIRCUIT CITY FILES FOR CHAPTER 11 BANKRUPTCY

Circuit City Stores Inc. says it filed for protection from its
creditors under Chapter 11 of the U.S. bankruptcy code.

Stocks jump at the open despite signs of distress from wide swath of economy - job cuts, bankruptcy, federal intervention.

Date: Mon, 10 Nov 2008 09:34:02 -0500

Stocks jump at the open despite signs of distress from wide swath of
economy - job cuts, bankruptcy, federal intervention.

Energy: Miners, oil producers pace gains for London shares

Date: 10 NOV 2008 09:56:32 GMT

London shares advance on Monday, with commodity-sector shares
performing well after China unveiled measures to stimulate its
economy.

Energy: China stimulus lifts Europe stocks; HSBC, Santander fall

Date: 10 NOV 2008 08:54:06 GMT

European shares advanced on Monday, with commodity producers in the
lead after China unveiled a massive economic stimulus package over the
weekend.

In new AIG deal, U.S. will buy $40B in preferred shares, loan $60B and set up two lending programs to ease 'liquidity pressures.'

Date: Mon, 10 Nov 2008 06:08:03 -0500

In new AIG deal, U.S. will buy $40B in preferred shares, loan $60B and
set up two lending programs to ease 'liquidity pressures.'

Circuit City, the nation's second-largest electronics retailer, files for Chapter 11 bankruptcy.

Date: Mon, 10 Nov 2008 07:55:06 -0500

Circuit City, the nation's second-largest electronics retailer, files
for Chapter 11 bankruptcy.

U.S. rewrites AIG bailout - offering better terms and taking a more significant role in troubled insurer.

Date: Mon, 10 Nov 2008 06:04:03 -0500

U.S. rewrites AIG bailout - offering better terms and taking a more
significant role in troubled insurer.

Sunday, November 9, 2008

Energy: China lifts wraps on stimulus package

Date: 9 NOV 2008 16:36:06 GMT

China unveils an economic stimulus package worth over half a trillion
dollars in an effort to reverse slowing economic growth in the world's
most populous country.

Friday, November 7, 2008

Nvidia, Qualcomm lead broad gains at close

Date: Fri, 07 Nov 2008 18:00:10 -0500
Tech Stocks: Nvidia, Qualcomm lead broad gains at close

Technology stocks finish higher, with Qualcomm Inc. and Nvidia Corp.
leading aslate of advancers and pushing the sector to close out the
week on an upbeat note.

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AT&T to buy Centennial for $944 million

AT&T Inc. says it plans to buy regional wireless provider Centennial
Communications Corp. for $944 million in cash, in a bid to expand its coverage.

-----------------------------------------------------------------
Nvidia shares leap on sales outlook

Shares of Nvidia Corp. jump after the chip maker posts a huge drop in
profit, but issues a sales outlook that is not as bad as analysts
feared.

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Yahoo shares fall after Ballmer says no new Microsoft bid

Shares of Yahoo Inc. plunged Friday morning after a Microsoft Corp.
CEO Steve Ballmer was quoted in a media report saying the tech giant
was not interested in "revisiting a possible acquisition" of the
beleaguered Internet portal.

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John Dvorak's Second Opinion: Once-pioneering Motorola is a shadow of
its former self

Motorola is a shadow of itself; its last success, the Razr, might indeed be its
last anything, according to John Dvorak.

-----------------------------------------------------------------
Yahoo plays catch-up with offshore tax move

Yahoo is in the midst of implementing a tax structure that shifts
assets to overseas subsidiaries in order to enjoy the generally lower
tax rates there, according to Wall Street analysts briefed by the
company.

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Telecom Stocks: Most telecoms stocks gain; not Sprin

Sprint Nextel Corp. fell more than 12% after weak
quarterly results, but most telecommunications stocks moved higher in
Friday action, led by Qualcomm Inc. and Windstream Corp.


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Sprint posts loss as 1.3 million customers leave
Sprint Nextel swings to a loss in its third quarter after 1.3 million
wireless customers cancel service or switch to rival carriers.

Markets Friday, 11/7/2008

Date: Fri, 7 Nov 2008 17:31:05 -0500

|---------------------------------------------------------------------------|
| Dow : 8943.81 up 248.02 | S & P : 930.99 up 26.11 |
| NASDAQ: 1647.40 up 38.70 | Bond (10Y): 3.78%, 101.75

MARKETS:
Stocks rally despite bad news
Wall Street manages gains after two-session retreat despite GM and
Ford losses and a brutal labor market report.

Obama's associations say a lot to Wall Street

Date: Fri, 07 Nov 2008 17:01:29 -0500
Obama's associations say a lot to Wall Street

President-elect Barack Obama hasn't picked a Treasury secretary,
endorsed or panned the efforts of the current administration, or
spelled out what he would do differently.

REALTORS LOBBY FOR HOUSING STIMULUS, CLAIM NO TIME TO WASTE

The projected 9.3% national decline in home prices this year would be
the sharpest drop since the National Association of Realtors started
keeping records in 1968, the group's chief economist said Friday.

MARKET SNAPSHOT: U.S. STOCKS END SHARPLY HIGHER TO PARE WEEKLY DECLINE

U.S. stocks climb as bargain hunters step in after two days of losses,
helping foster hope that global intervention will help an economy that
shed nearly a quarter million jobs in October.

GM SHARES HIT HARD AS DWINDLING CASH SPOOKS INVESTORS

General Motors Corp. shares drop 12% after the Detroit giant reports a
third-quarter loss of $2.5 billion and warns its assembly lines could grind to
a halt next year barring strong improvements in the company's cash pile.

ECONOMIC REPORT: UNEMPLOYMENT RATE LEAPS TO 14-YEAR HIGH OF 6.5%

The U.S. unemployment rate jumped to a 14-year high of 6.5% in October as
nearly a quarter million jobs were lost, the Labor Department reports.

Breaking News: Obama Holds First News Conference as President-Elect

Date: Fri, 07 Nov 2008 12:20:21 -0800 (PST)

Obama Holds First News Conference as President-Elect; Says He Will
Take Financial Crisis 'Head On,' Act Swiftly After Taking Office [2:59
p.m. ET]

The Dow jumps 258 points despite a devastating jobs report and news that GM is running out of cash.

Date: Fri, 7 Nov 2008 16:02:08 -0500

The Dow jumps 258 points despite a devastating jobs report and news
that GM is running out of cash.

President-elect Obama says U.S. is 'facing the greatest economic challenge of our lifetimes' – will confront crisis 'head on.'

Date: Fri, 7 Nov 2008 14:57:03 -0500

President-elect Obama says U.S. is 'facing the greatest economic
challenge of our lifetimes' – will confront crisis 'head on.'

U.S. stocks advance after two days of heavy losses

Date: Fri, 07 Nov 2008 12:01:13 -0500
U.S. stocks advance after two days of heavy losses

ECONOMIC REPORT: UNEMPLOYMENT RATE LEAPS TO 14-YEAR HIGH OF 6.5%

The U.S. unemployment rate jumped to a 14-year high of 6.5% in October
as nearly a quarter million jobs were lost, the Labor Department
reports.

FORD SETS MORE COST CUTS AS IT NARROWS THIRD-QUARTER LOSS

Ford Motor Co. on Friday said it narrowed its third-quarter loss,
boosted by a one-time gain of more than $2 billion, but announced more
wrenching cost and job cuts in the face of plunging sales.

OBAMA WILL MAKE ECONOMIC MARK BEFORE INAUGURATION

Democratic lawmakers called Thursday for a new stimulus package worth
up to $100 billion while President-elect Barack Obama scheduled a
meeting with his new economic transition team to begin addressing the
nation's economic troubles well before his Jan. 20 inauguration.

DISNEY PROFIT DECLINES 13%

Walt Disney Co. says its quarterly profit fell 13% due to a $91 million
bad-debt charge on a payment it was due from Lehman Brothers and the
combination of higher expenses and less successful films at its studio
entertainment division.