U.S. stocks sharply lower, Dow hit with 4.2% weekly losses

4:30 pm ET Jul 27, 2007

DJIA

13,265

-208.10

S&P

1,458

-23.69

NASDAQ

2,562

-37.10

10Yr

4.79%

+0.011

U.S. stocks sharply lower, Dow hit with 4.2% weekly losses

NEW YORK
U.S. stocks accelerated their losses into Friday's close as ongoing
worries about deal-financing overshadowed largely positive economic
data, with the Dow losing more than 200 points to close with weekly
losses of more than 4%.

Corporate bond markets volatile as rough week winds up

NEW YORK
The corporate-bond market remained shaky Friday after a morning effort
at stabilization gave way to volatility and fairly heavy selling, as a
very rough week for the debt markets drew to a close with fresh rumors
about hedge-fund troubles.

MarketWatch First Take: Blackstone's fall signals the end for
alternative investments

NEW YORK
Blackstone Group LP's June offering was the first mainstream initial
public offering for a private equity fund. It also may have been the
last.

Economic Report: U.S. second-quarter GDP rises 3.4%, fastest since early
2006

WASHINGTON
After hitting a pothole in the first quarter, the U.S. economy rebounded
in the second quarter, growing at an annual rate of 3.4%, the fastest
pace since the first quarter of 2006, the Commerce Department said
Friday.

NASA Gets Double Dose Of The Wrong Stuff

Breaking News
July 27, 2007
NASA Gets Double Dose Of The Wrong Stuff

A published report says some astronauts flew drunk, although not
necessarily on shuttle missions. And NASA itself says an employee of a
subcontractor deliberately cut wires on a computer that was about to be
shipped into space. 

U.S. stocks down in continuation of Thursday's drop

11:45 am ET Jul 27, 2007

DJIA

13,388

-85.11

S&P

1,470

-12.17

NASDAQ

2,580

-18.98

10Yr

4.77%

-0.010

U.S. stocks down in continuation of Thursday's drop

NEW YORK
U.S. stocks shifted into reverse Friday, with loses accelerating as
bearish sentiment from the prior day's selloff competed with largely
positive economic data.

Chevron 24% profit jump beats expectations

NEW YORK

Chevron Corp. said Friday its second-quarter net income rose 24% on
near-record refining margins in its core West Coast market as the energy
giant also booked a $680 million gain from the sale of its stake in
Houston Energy company Dynegy.

Economic Report: U.S. second-quarter GDP rises 3.4%, fastest since early
2006

WASHINGTON
After hitting a pothole in the first quarter, the U.S. economy
rebounded in the second quarter, growing at an annual rate of 3.4%, the
fastest pace since the first quarter of 2006, the Commerce Department
said Friday.

U.S. economy grew at 3.4% annual rate in second quarter, Reuters reports; above forecasts.

Date: Fri, 27 Jul 2007 08:30:08 -0400

U.S. economy grew at 3.4% annual rate in second quarter, Reuters
reports; above forecasts.

Troops battle Shiite militia in Karbala

Date: Fri, 27 Jul 2007

NEWS

Troops battle Shiite militia in Karbala
---------------------------------------------
Shiite militiamen battled with U.S. and Iraqi troops Friday in the holy
city
of Karbala, and the fighting left nine people dead and nearly two dozen
wounded, local officials said.

Afghanistan clashes claim dozens of lives
---------------------------------------------
NATO and Afghan troops clashed with Taliban insurgents and called in
airstrikes, killing at least 50 suspected militants and dozens of
civilians,
including women and children, local officials and villagers said
Friday.

Afghans, Taliban negotiate over Korean hostages
---------------------------------------------
Afghan clerics and tribal elders on Friday intensified negotiations for
the
release of 22 South Koreans kidnapped a week ago by the Taliban, as the
latest
of several deadlines set by the militants approached.

MONEY

Asian markets fall after Dow's plunge
---------------------------------------------
Most Asian markets tumbled Friday in the wake of one of Wall Street's
biggest
losses of the year, with Japanese stocks also taking a hit on the yen's
recent
strength and uncertainty about weekend elections. Markets in Hong Kong,
Australia, South Korea, Taiwan, Singapore, Malaysia and the Philippines
also
fell sharply.

Dow slides over 300 points amid credit woes

2:14 pm ET Jul 26, 2007

DJIA

13,435

-349.54

S&P

1,473

-45.05

NASDAQ

2,574

-73.78

10Yr

4.78%

-0.125

Dow slides over 300 points amid credit woes

NEW YORK
Stocks plunged Thursday, sending the Dow Jones Industrial Average down
over 300 points for its second worst day of the year, as anxiety about
shaky credit markets and the troubled housing sector swept Wall Street.

Economist: world is one hedge-fund collapse away from crisis

WASHINGTON
The problems in the U.S. subprime mortgage market could spiral out of
control into a global financial crisis, economist Mark Zandi said
Thursday.

Dow ends down 284 points in second-biggest point loss of the year, spurred by credit and housing fears.

Date: Thu, 26 Jul 2007 16:01:12 -0400

Dow ends down 284 points in second-biggest point loss of the year,
spurred by credit and housing fears.

Dow Takes Huge Plunge

Date: Thu, 26 Jul 2007 16:00:04 -0400

Dow Takes Huge Plunge

Wall Street suffered its second-biggest plunge of the year, leading
global markets lower as investors fled stocks amid increasing worries
about the mortgage and corporate lending markets. The Dow Jones
industrials briefly fell more than 400 points.

Forums:

評論：北京辦奧運，民運砸場子

關於2008年北京奧運的爭論在北京奪得主辦權之前就已開始，近來日甚。網上政論家馬悲鳴發來以下評論。More...go
to

http://www.bloglines.com/blog/johnDispatch

Breaking News Thu., July 26, 2007

Date: Thu, 26 Jul 2007 10:07:41 -0700

Breaking News

WALL STREET TUMBLES, ALL THREE MAJOR INDEXES DOWN 2% -- DOW JONES LOSES
300 POINTS

Dow plunges over 200 points; NYSE initiates trading curbs.

Date: Thu, 26 Jul 2007 11:19:24 -0400

Dow plunges over 200 points; NYSE initiates trading curbs.

New home sales tumble 6.6% in June to 834,000 annual rate, well below forecasts, Reuters reports.

Date: Thu, 26 Jul 2007 10:01:13 -0400

New home sales tumble 6.6% in June to 834,000 annual rate, well below
forecasts, Reuters reports.

U.S. general: Iran training improves aim of Green Zone attacks

07/26/2007

NEWS

U.S. general: Iran training improves aim of Green Zone attacks
---------------------------------------------
The U.S. military has noted a "significant improvement" in the aim of
attackers firing rockets and mortars into the heavily fortified Green
Zone in
the past three months that it has linked to training in Iran, a top
commander
said Thursday.

Vietnam returns suspected remains of 3 U.S. soldiers
---------------------------------------------
The suspected remains of three American soldiers killed during the
Vietnam War
have been sent back to the United States, a U.S. official said
Thursday.

Rampaging elephants kill 8 in India
---------------------------------------------
Two domesticated elephants went on a rampage in India's remote
northeast, killing eight people and wounding five others before being
shot dead by police, officials said Thursday.

MONEY

Apple: 270,000 iPhones sold in first 2 days
---------------------------------------------
Apple posted a higher quarterly profit Wednesday as the company saw
strong
sales of its Macintosh computers and sold 270,000 iPhones.

Markets Wednesday, 07/25/2007

Wednesday, 7/25/2007

|---------------------------------------------------------

| Dow : 13770.68 up 53.73

| S & P : 1520.99 up 9.95

|NASDAQ: 2646.42 up 6.56

|Bond (10Y): 4.91%, 96.78

---------------------------------------------------------

MARKETS:
Wall Street pulls off a winner
Stocks finish higher in seesaw session, as investors' fears
about credit, housing markets cool.

Stocks end with modest gains across the board as credit woes ease in a turbulent day.

Date: Wed, 25 Jul 2007 16:00:10 -0400

Stocks end with modest gains across the board as credit woes ease in a
turbulent day.

Fed's 'Beige Book' cites further declines in home building, real estate weakness in most regions, Reuters reports.

Date: Wed, 25 Jul 2007 14:05:10 -0400

Fed's 'Beige Book' cites further declines in home building, real estate
weakness in most regions, Reuters reports.

Boeing swings to profit, boosts outlook, and lifts R&D target

11:40 am ET Jul 25, 2007

DJIA

13,763

+46.17

S&P

1,517

+6.81

NASDAQ

2,649

+9.45

10Yr

4.91%

-0.031

Boeing swings to profit, boosts outlook, and lifts R&D target

SAN FRANCISCO
Boeing Co. swung to a second-quarter profit on demand for its commercial
airplanes, bumped up its full-year earnings forecast, and lifted R&D
targets to keep its next-generation 787 on schedule.

Amazon shares surge on earnings news, upgrades

SAN FRANCISCO
Shares of Amazon.com soared to new highs Wednesday morning after the
online retailer reported that earnings more than tripled for the second
quarter thanks to strong sales and lower expenses.

Existing home sales down 3.8% in June to 5.75 million annual rate, Reuters reports; below forecasts.

Date: Wed, 25 Jul 2007 10:01:10 -0400

Existing home sales down 3.8% in June to 5.75 million annual rate,
Reuters reports; below forecasts.

Pimco's Gross sees 5% to 10% stock correction ahead

3:40 pm ET Jul 24, 2007

DJIA

13,715

-228.01

S&P

1,511

-29.75

NASDAQ

2,639

-51.32

10Yr

4.94%

-0.020

Pimco's Gross sees 5% to 10% stock correction ahead

SAN FRANCISCO
Weakness in junk bonds and subprime-mortgage markets could lead to as
much as a double-digit correction in U.S. stock markets, respected
bond-fund manager Bill Gross warned on Tuesday.

Market Snapshot: Dow closes with largest 1-day drop in four months

NEW YORK
Stocks finished sharply lower, sending the Dow industrials to their
biggest single-day drop since March, after Countrywide Financial, the
nation's biggest mortgage lender, warned that problems are spreading
beyond the subprime sector, while earnings at DuPont and American
Express disappointed.

Apple shares fall 6% as AT&T posts disappointing iPhone numbers

SAN FRANCISCO
Fewer companies' stock prices are as affected by product news as Apple
Inc.'s, and the initial iPhone activation numbers from AT&T Inc. were
enough to send Apple's stock down more than 6% in Tuesday trading.

Stocks bleed as housing fears and earnings reports disappoint. Dow ends about 1.5% lower. Nasdaq, S&P tumble about 2%.

Date: Tue, 24 Jul 2007 15:59:26 -0400

Stocks bleed as housing fears and earnings reports disappoint. Dow ends
about 1.5% lower. Nasdaq, S&P tumble about 2%.

Stocks bleed as housing fears and earnings reports disappoint. Dow ends about 1.5% lower. Nasdaq, S&P tumble about 2%.

Date: Tue, 24 Jul 2007 15:59:26 -0400

Stocks bleed as housing fears and earnings reports disappoint. Dow ends
about 1.5% lower. Nasdaq, S&P tumble about 2%.

Countrywide quarterly profit drops; losses spread to prime loans

11:41 am ET Jul 24, 2007

DJIA

13,855

-88.36

S&P

1,529

-12.53

NASDAQ

2,670

-20.51

10Yr

4.94%

-0.020

Countrywide quarterly profit drops; losses spread to prime loans

NEW YORK
Countrywide Financial Corp. reported a 33% drop in second-quarter net
income on Tuesday and signaled that problems in the subprime mortgage
market have spread to the highest-quality home loans.

McDonald's tallies quarterly net loss on $1.6 billion charge

CHICAGO
McDonald's Corp. on Tuesday reported a second-quarter net loss, dragged
down by a $1.6 billion charge related to its sale of restaurants in
Latin America to a franchiser, but the fast-food chain's same-store
sales spiked more than 7%.

Market Snapshot: U.S. stocks drop on credit, earnings worries

NEW YORK
Stocks dropped Tuesday in the face of renewed credit concerns and
disappointing profit reports from Dow component DuPont Co. and American
Express, as well as Countrywide Financial Corp.

Forums:

Date: 23 Jul 2007 23:59:16 -0000
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http://www.bloglines.com/blog/johnDispatch

U.S. stocks finish higher on mergers, earnings

4:30 pm ET Jul 23, 2007

DJIA

13,943

+92.34

S&P

1,541

+7.47

NASDAQ

2,690

+2.98

10Yr

4.96%

+0.008

U.S. stocks finish higher on mergers, earnings

NEW YORK
Stocks closed higher Monday, bouncing back from Friday's decline, on
above-forecast results from Schering-Plough Corp. and Merck & Co. and
merger news in the financial, oil-drilling and equipment-rental
sectors.

FundWatch: Cash private equity deals seen flooding mutual funds

Thanks to the recent flood of cash from private equity deals and
mergers, analysts and mutual fund managers foresee a strong boost for
U.S. share prices.

Merck posts 12% growth in quarterly profit; 2007 target lifted

BOSTON
Merck & Co. generated 12% growth in second-quarter profit, financial
results showed Monday, as strong sales of such products as asthma drug
Singulair and new vaccines RotaTeq and Gardasil powered the
improvement.

U.S. stocks higher; deal flow, earnings in view

11:40 am ET Jul 23, 2007
U.S. stocks higher; deal flow, earnings in view

DJIA

13,959

+108.85

S&P

1,545

+11.43

NASDAQ

2,701

+14.12

10Yr

4.96%

+0.008

NEW YORK
U.S. stocks pulled higher Monday, drawing support from above-forecast
results from Schering-Plough Corp. and Merck & Co. and merger news in
the financial, oil-drilling and equipment-rental sectors. See full
story.

Merck posts 12% growth in quarterly profit; 2007 target lifted

BOSTON
Merck & Co. generated 12% growth in second-quarter profit, its
performance powered by strong sales of such products as asthma drug
Singulair and new vaccines RotaTeq and Gardasil.