U.S. stocks move lower in post-gain pause

11:51 am ET Oct 8, 2007

DJIA

14,024

-41.54

S&P

1,549

-7.95

NASDAQ

2,772

-7.63

10Yr

4.64%

-0.002

U.S. stocks move lower in post-gain pause

NEW YORK
U.S. stocks moved lower Monday as investors step back from last week's
large advance and get ready for the third quarter's corporate reports,
with Dow component Alcoa Inc. unofficially launching earnings season on
Tuesday.

SAP to buy Business Objects for $6.8 bln in strategic U-turn

LONDON
Shares of SAP AG posted their biggest drop in eight months in German
trading on Monday after the world's largest maker of business software
said its 4.8 billion-euro ($6.8 billion) purchase of
business-intelligence firm Business Objects would reduce earnings next
year.

Textron to buy UIC for its unmanned aircraft unit

NEW YORK
Textron Inc., the industrial conglomerate, said Monday it will buy
aerospace and defense technology supplier United Industrial Corp. in a
$1.1 billion deal that will expand its presence in the unmanned vehicle
market.

As large-caps lead, Vanguard aims for megahit with new funds

BOSTON
Will planned funds from Vanguard Group that plug into the largest U.S.
companies generate megawatt appeal, or is this just another case of
chasing the latest trend?