Crude ends down; natural gas gains after supplies drop

Date: Fri, 28 Dec 2007 22:01:11 (GMT)

Crude ends down; natural gas gains after supplies drop

SAN FRANCISCO
A last-minute fall on Friday sent crude-oil futures down for the first
time in five sessions, as traders sold their positions to profit from a
week-long winning streak that sent crude prices near $98.

Genesco's shares jump after court ruling; Finish Line plunges

NEW YORK
Shares of athletic-shoe retailer Finish Line Inc. plunged Friday, wiping
out 84% of their value this year, after a Tennessee judge ordered the
company to complete its $1.5 billion purchase of shoe and hat shop
operator Genesco Inc.

Economic Report: U.S. new-home sales off 9%, more than forecast, in
November

Sales of new U.S. homes fell by a greater-than-expected 9% in November
to a seasonally adjusted annual rate of 647,000, the Commerce Department
reported Friday.

Financial Stocks: Bond insurers drop on Buffett's reinsurance plan

The battered bond insurance industry took another hit on Friday after
Warren Buffett's Berkshire Hathaway reportedly started a rival firm
targeting municipal issuers.

Market Snapshot: CORRECT: Stocks end slightly higher amid downbeat data

NEW YORK
Stocks finished a volatile trading session marginally higher on Friday,
as a report showing that new home sales fell to their lowest level in 12
years rekindled concerns about the U.S. economy and the housing crisis.