Stocks mixed after Paulson says subprime plan in the works

Date: Mon, 03 Dec 2007 17:01:24 (GMT)

Stocks mixed after Paulson says subprime plan in the works

NEW YORK
U.S. stocks pared losses on Monday after the government said it is
working on a plan to help subprime mortgage holders and as a gauge of
manufacturing activity fell slightly amid ongoing concern about the
direction of the economy.

Detroit automakers set to hand in November sales declines

SAN FRANCISCO
General Motors Corp. is expected to see its three-month winning streak
come to an end Monday when the Detroit giant details just how much the
housing crunch and lofty gas prices have hurt its customer base.

Vivendi bolsters gaming position with Activision deal

LONDON
The video-game giant forged by the tie-up of Vivendi's game unit with
Activision Inc. will be home to best-selling titles "Guitar Hero" and
"World of Warcraft" and could have enough scale to challenge current
leader Electronics Arts Inc.

Asia Markets: Tokyo wobbles; U.S. rate-cut hopes boost Hong Kong

HONG KONG
Asian markets ended mixed in range-bound trading Monday, with Japan's
Nikkei 225 slipping into the red as weaker capital-spending data
pressured industrial shares such as robot-maker Fanuc Ltd.