Wednesday, October 10, 2007

Warnings and misses send Wall Street lower

11:51 am ET Oct 10, 2007

DJIA

14,082

-81.86

S&P

1,560

-4.26

NASDAQ

2,805

+1.80

10Yr

4.64%

-0.009


Warnings and misses send Wall Street lower

NEW YORK
Wall Street on Wednesday gave back a piece of Tuesday's record gains
after blue-chip aluminum producer Alcoa Inc. fell short of earnings
estimates and International Paper Co. issued a profit warning.

Sophisticated Investor: Bonds for newborns won't raise a nation of
savers

SANTA MONICA, Calif.
Instead of getting money from the government when you retire, there's a
movement afoot to get money when you are born. That's right, the
government is considering issuing "baby bonds" to all Americans at birth
that would mature when an individual turns 18.

MGM Mirage plans massive Atlantic City complex

CHICAGO
MGM Mirage is taking its building spree on the road, announcing
Wednesday that it plans to construct a gambling, hotel and retail
complex for $4.5 billion to $5 billion in Atlantic City.

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