U.S. stocks end lower on day; higher on week

Market Overview
4:30 pm ET Oct 27, 2006

DJIA

12,090

-73.40
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S&P

1,377

-11.74
________
NASDAQ

2,350

-28.48
_________
10Yr

4.68%

-0.046
_________

U.S. stocks end lower on day; higher on week

NEW YORK
U.S. stocks ended lower Friday, but higher on the week, after a
weaker-than-expected economic growth report caused investors to break
from a recent rally, with the technology sector hard hit by a Goldman
Sachs note saying demand for mother boards "is falling off a cliff."
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Hertz could raise more than $1.8 bln from IPO

SAN FRANCISCO
Hertz said on Friday that its planned initial public offering could
raise more than $1.8 billion, offering private equity firms Clayton
Dubilier & Rice Inc., Carlyle Group and Merrill Lynch Global Private
Equity the chance of a big pay day less than a year after they acquired
the car rental giant.
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Capitol Report: All the looks of a soft landing for the U.S. economy

WASHINGTON

This is what an economic soft landing looks and feels like. This is what
the Federal Reserve has been working for.
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Hartford CEO says industry profits may have peaked in 2006

SAN FRANCISCO
Underwriting profits in the property and casualty industry may have
peaked in 2006, Hartford Financial Services Chief Executive Ramani Ayer
said Friday during a conference call with analysts.
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Commodities Corner: Why OPEC's decision has yet to make a difference

SAN FRANCISCO
More than a week after the Organization of the Petroleum Exporting
Countries said it's cutting members' oil production in a move to ease
supply levels, prices for crude have barely budged.