Saturday, November 03, 2007

State Of Emergency In Pakistan

Breaking News
November 3, 2007

State Of Emergency In Pakistan

President Gen. Pervez Musharraf has declared a state of emergency amid
rising unrest, but the Pakistan Supreme Court has rejected his order.
Transmissions of private news channels and phone lines have reportedly
been cut.

Breaking News

Date: Sat, 3 Nov 2007 09:17:07 -0400

Pakistan's President Gen. Pervez Musharraf has declared a state of
emergency, CNN confirms.

Friday, November 02, 2007

Breaking News Fri., November 2, 2007

Date: Fri, 2 Nov 2007 16:28:51 -0700 (PDT)
Breaking News

CITIGROUP CEO CHARLES PRINCE, UNDER PRESSURE OVER MORTGAGE LOSSES, IS
EXPECTED TO OFFER HIS RESIGNATION, WALL STREET JOURNAL REPORTS

Citigroup CEO Charles Prince to offer his resignation over weekend: report

Date: 2 NOV 2007 22:22:00 GMT
BULLETIN

Citigroup CEO Charles Prince to offer his resignation over weekend:
report

Markets Friday, 11/2/2007

Friday, 11/2/2007

| Dow : 13595.10 up 27.23

| S & P : 1509.65 up 1.21

| NASDAQ: 2810.38 up 15.55

| Bond (10Y): 4.32%, 103.38


MARKETS:
Stocks find a bounce at the finish
Wall Street shakes off worries about fate of financial sector late in
the session, with investor sentiment buoyed by jobs report.

U.S. stocks reverse course, trade mixed; financials lower

11:51 am ET Nov 2, 2007

DJIA

13,488

-79.18

S&P

1,497

-11.41

NASDAQ

2,787

-7.38

10Yr

4.29%

-0.072

U.S. stocks reverse course, trade mixed; financials lower

NEW YORK
U.S. stocks on Friday shed earlier gains with investors funneling money
into the perceived safety of Treasurys instead, as anxiety about
financial stocks overshadowing a surprisingly strong October jobs report
and an unexpected rise in factory orders.

Hedge Funds: Paulson hedge funds cut subprime bets after huge gains

SAN FRANCISCO
Paulson & Co., a $24 billion hedge fund firm that's generated huge
returns from betting against subprime mortgage securities, has begun
trimming those positions.

British Airways cuts sales forecast again as profit jumps 51%

LONDON
British Airways reported a 51% rise in fiscal first-half profit on
Friday on back of lowered costs, but the airline trimmed its sales
outlook again as the weaker dollar kept Americans from flying across the
ocean.

Retirement Living: Workers' retirement-plan participation drops for
second year

SAN FRANCISCO
Thanks in part to fewer employers enrolling their workers in traditional
pensions, the portion of employees participating in a retirement plan
dropped in 2006, the Employee Benefit Research Institute said Thursday.

Temporary alternative minimum tax 'patch' advances

WASHINGTON
The House's tax-writing committee on Thursday approved a Democratic plan
that aims to shield middle-class taxpayers from the alternative minimum
tax this year while offsetting lost revenues by raising taxes on some of
the income earned by hedge-fund and private-equity fund managers.

Breaking News: 166,000 jobs added to payrolls in October

Date: Fri, 02 Nov 2007 08:18:29 -0500

Employers boosted payrolls by a surprisingly strong 166,000 in October,
the
most in five months, an encouraging sign that the nation's employment
climate
is holding up relatively well against the strains of a housing collapse
and
credit crunch.

Stock futures turn higher on strong October jobs report.

Date: Fri, 2 Nov 2007 08:37:36 -0400

Stock futures turn higher on strong October jobs report.

Thursday, November 01, 2007

Markets Thursday, 11/1/2007

Thursday, 11/1/2007

| Dow : 13567.87 down 362.14

| S & P : 1508.44 down 40.94

| NASDAQ: 2794.83 down 64.29

| Bond (10Y): 4.35%, 103.13

MARKETS:
Dow plunges 362 points on credit fears
Citigroup downgrade reignites credit concerns and leaves major gauges
sharply lower, wiping out Fed rate cut bounce.

Dow slides more than 360 points on earnings, financial woes

4:04 pm ET Nov 1, 2007

DJIA

13,567

-362.14

S&P

1,508

-40.94

NASDAQ

2,794

-64.29

10Yr

4.36%

-0.114

Dow slides more than 360 points on earnings, financial woes

NEW YORK
U.S. stocks swooned Thursday, with the Dow industrials sliding more than
360 points, as a downgrade of Citigroup Inc. revived concerns about woes
in the financial sector, sobering up markets after the euphoria of the
Federal Reserve's rate cut the previous day.

The Ratings Game: Citigroup takes a hit on concern it must cut its big
dividend

NEW YORK
Citigroup shares tumbled nearly 7% to reach a multiyear low Thursday
amid new concerns that the financial services conglomerate may not be
able to support its hefty dividend payout.

Exxon Mobil's quarterly net income off 10%; revenue up 2.7%

NEW YORK
Exxon Mobil Corp.'s third-quarter income fell 10% in its biggest
year-over-year drop in three years as the rising cost of oil boosted
expenses and outpaced any increases in prices that the petroleum giant
could get for its products, financial results showed Thursday.

Futures Movers: Crude futures fall from record high to close 1% lower

SAN FRANCISCO
Crude-oil futures retreated Thursday from a record high set during the
previous session, as a rebounding dollar reduced the appeal of oil as an
alternative investment and crude investors locked in gains.

John Dvorak's Second Opinion: How to beat Google? Work smarter and
harder

BERKELEY, Calif.
Insofar as the market is concerned, Google Inc is now the fifth-largest
company in the USA. I am more than a little amused, as my suspicion that
we are entering Bubble 2.0 is confirmed.

Dow industriuals down more than 300 points; big losers: Citi, GM, AIG, AmEx, J.P. Morgan

Date: 1 NOV 2007 19:30:00 GMT

Dow industriuals down more than 300 points; big losers: Citi, GM, AIG,
AmEx, J.P. Morgan

Wall Street tanks. Dow loses 370 points or 2.6% in worst performance since August. Nasdaq sheds 64 points, 2.2%.

Date: Thu, 1 Nov 2007 16:00:36 -0400

Wall Street tanks. Dow loses 370 points or 2.6% in worst performance
since August. Nasdaq sheds 64 points, 2.2%.

U.S. stocks slide on earnings, financial woes

11:51 am ET Nov 1, 2007

DJIA

13,710

-219.07

S&P

1,523

-25.50

NASDAQ

2,821

-38.08

10Yr

4.36%

-0.114

U.S. stocks slide on earnings, financial woes

NEW YORK
U.S. stocks fell sharply Thursday, with the Dow industrials sliding over
240 points, after Exxon Mobil's worse-than-expected earnings and ongoing
trouble in the financial sector sobered up the market after the euphoria
of the Federal Reserve's rate cut.

The Ratings Game: Citigroup might have to cut dividend to raise capital,
CIBC says

BOSTON
Citigroup in the near term may be required to raise more than $30
billion by either selling off assets, slashing its dividend, raising
capital or resorting to a mix of these measures, analysts at CIBC World
Markets said.

Exxon Mobil's quarterly net income off 10%; revenue up 2.7%

NEW YORK
Exxon Mobil Corp.'s third-quarter income fell 10% as the rising cost of
oil boosted expenses and outpaced any increases in prices that the
petroleum giant could get for its products, financial results showed
Thursday.

Futures Movers: Crude-oil futures fall sharply amid stock decline

NEW YORK
Crude-oil futures fell sharply Thursday, following their record-breaking
climb to more than $96 a barrel in electronic trading, as U.S. stocks
posted steep losses on Wall Street driven in part by oil giant Exxon
Mobil's worse-than-expected earnings.

Election Notebook: Democratic contenders don't embrace Rangel tax plan

WASHINGTON
A Democratic plan to repeal the alternative minimum tax and replace it
with a surtax on Americans earning more than $150,000 a year received
limited support from the party's top presidential contenders in Tuesday
night's debate.

Dow industrials fall as much as 202 points in first 10 minutes of trading

11/1/2007 9:40:13 AM ET
BULLETIN

Dow industrials fall as much as 202 points in first 10 minutes of
trading

Personal income up in line with forecasts, spending a little below expectations, Dow Jones reports.

Date: Thu, 1 Nov 2007 08:31:40 -0400

Personal income up in line with forecasts, spending a little below
expectations, Dow Jones reports.

Wednesday, October 31, 2007

Markets Wednesday, 10/31/2007

Wednesday, 10/31/2007

| Dow : 13930.01 up 137.54

| S & P : 1549.38 up 18.36

| NASDAQ: 2859.12 up 42.41

| Bond (10Y): 4.47%, 102.16

MARKETS:
Stocks surge on rate cut
Wall Street upbeat after Fed lowers rates as expected, implies policy is
having desired effect on economy; GDP growth strong, inflation reading
mild; oil hits record.

The Federal Reserve cuts rates by a quarter of a point, bringing the fed funds rate to 4.5%, citing housing concerns.

Date: Wed, 31 Oct 2007 14:16:46 -0400

The Federal Reserve cuts rates by a quarter of a point, bringing the fed
funds rate to 4.5%, citing housing concerns.

Crude oil prices skyrocketed $4.15 to settle at $94.53 a barrel on report of lower inventories, topping Monday's record.

Date: Wed, 31 Oct 2007 15:01:58 -0400

Crude oil prices skyrocketed $4.15 to settle at $94.53 a barrel on
report of lower inventories, topping Monday's record.

Crude futures rally on surprise drop in inventories

11:51 am ET Oct 31, 2007

DJIA

13,841

+48.61

S&P

1,541

+10.55

NASDAQ

2,835

+19.11

10Yr

4.40%

+0.021

Crude futures rally on surprise drop in inventories

SAN FRANCISCO
Crude-oil futures rallied to trade near record highs on Wednesday after
the Energy Department reported a surprise drop in U.S. crude inventories
in the latest week, while a possible rate cut this afternoon from the
Federal Reserve could further lift oil prices.

Economic Report: U.S. economy grows 3.9%, fastest in six quarters

WASHINGTON
The U.S. economy shook off the worst housing downturn in a generation to
grow at a 3.9% annual pace in third quarter, the best performance in six
quarters, the Commerce Department estimated Wednesday.

Google tops $700 mark; Wall Street sees more gains

SAN FRANCISCO
Google Inc.'s seemingly unstoppable stock set a new milestone Wednesday
morning, topping the $700 mark to set a new all-time high for a company
whose market value has already jumped by more than 50% for the year.

Market Snapshot: Wall Street gains ahead of Fed decision

NEW YORK
U.S. stocks coasted higher Wednesday, with investors cheered by thoughts
the day could bring another interest-rate reduction by the Federal
Reserve.

Oil prices rally on big surprise drop in crude inventories.

Date: Wed, 31 Oct 2007 10:31:41 -0400

Oil prices rally on big surprise drop in crude inventories.

U.S. economy grew at 3.9% rate in third quarter, higher than forecast, Dow Jones reports.

Date: Wed, 31 Oct 2007 08:31:40 -0400

U.S. economy grew at 3.9% rate in third quarter, higher than forecast,
Dow Jones reports.

Tuesday, October 30, 2007

Breaking News: Singer Robert Goulet dies

Date: Tue, 30 Oct 2007 19:02:42 -0500

LOS ANGELES - Robert Goulet, the big-voiced baritone whose Broadway
debut
in "Camelot" launched an award-winning stage and recording career, has
died.
He was 73. Goulet died Tuesday morning in a Los Angeles hospital while
awaiting a lung transplant, said spokesman Norm Johnson. Goulet was
diagnosed
last month with a rare form of pulmonary fibrosis.

Breaking News Tue., October 30, 2007

Date: Tue, 30 Oct 2007 16:39:43 -0700 (PDT)

Breaking News

THE SINGER ROBERT GOULET HAS DIED IN A LOS ANGELES HOSPITAL WHILE
AWAITING A LUNG TRANSPLANT, THE AP REPORTS

Breaking News Tue., October 30, 2007

Date: Tue, 30 Oct 2007 16:10:29 -0700 (PDT)

Breaking News

SUPREME COURT GRANTS STAY OF EXECUTION TO MISS. DEATH ROW INMATE, EARL
WESLEY BERRY, SCHEDULED TO BE PUT TO DEATH BY LETHAL INJECTION

Markets Tuesday, 10/30/2007

Tuesday, 10/30/2007

| Dow : 13792.47 down 77.79

| S & P : 1531.02 down 9.96

| NASDAQ: 2816.71 down 0.73

| Bond (10Y): 4.38%, 102.88

MARKETS:
Stocks struggle ahead of Fed
Wall Street ends choppy session in mixed territory; expected interest
rate cut, oil price drop, Merrill CEO resignation influence trade; home
prices, consumer confidence dip.

U.S. stocks slide as Procter & Gamble cuts profit outlook

11:51 am ET Oct 30, 2007

DJIA

13,804

-65.27

S&P

1,531

-9.90

NASDAQ

2,810

-7.35

10Yr

4.39%

+0.004

U.S. stocks slide as Procter & Gamble cuts profit outlook

NEW YORK
U.S. stocks fell Tuesday amid speculation the Federal Reserve might not
cut interest rates after all and Procter & Gamble's forecast that the
rising cost of goods would dent the consumer-products giant's profit in
the current quarter.

Merrill CEO out as loss crushes veteran O'Neal

NEW YORK
Merrill Lynch & Co Inc said Tuesday that embattled CEO and 21-year
company veteran Stan O'Neal is leaving the company less than a week
after taking personal responsibility for the largest quarterly loss in
the 93-year old Wall Street firm's history.

Economic Report: Home prices falling at record pace in August:
Case-Shiller

WASHINGTON
The 13-month-long decline in home prices in 20 major U.S. cities
accelerated in August, with prices dropping a record 0.7% in the month,
according to the Case-Shiller price index released Tuesday by Standard &
Poor's Corp.

Economic Report: Job worries drag U.S. consumers confidence lower

WASHINGTON
Consumers are less upbeat about the U.S. job market, with an index
tracking the level of their confidence sliding to its lowest level since
October 2005, shortly after Hurricane Katrina hammered the Gulf Coast,
economic data showed Tuesday.

Procter & Gamble profit jumps 14%; sees margin pressure

SAN FRANCISCO
Consumer-products giant Procter & Gamble Co. said Tuesday quarterly
income grew 14% on the year, helped by sales of laundry products,
fragrances, razor blades and diapers.

Forums:

Date: 30 Oct 2007 14:59:28 -0000
如何看"在世天才百強榜"?

法輪功創立人李洪志和西藏精神領袖達賴喇嘛雙雙被選入"在世天才百強榜"。您心目中的在世天才如何排位? More...go to

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

Monday, October 29, 2007

Market Briefing Newsletter for Monday, 10/29/2007

Monday, 10/29/2007


| Dow : 13870.26 up 63.56

| S & P : 1540.98 up 5.70

| NASDAQ: 2817.44 up 13.25

| Bond (10Y): 4.38%, 102.84

MARKETS:
Wall Street bets on rate cut
Stocks rise as investors predict that the Fed will cut rates later this
week; crude oil ends at fresh record high above $93 a barrel.

Crude oil rose $1.67 on the New York Mercantile Exchange to settle at $93.53, another record high.

Date: Mon, 29 Oct 2007 15:05:39 -0400

Crude oil rose $1.67 on the New York Mercantile Exchange to settle at
$93.53, another record high.

Stocks end higher across the board Monday as Wall Street ignores record oil prices and awaits Wednesday's Fed decision.

Date: Mon, 29 Oct 2007 16:00:39 -0400

Stocks end higher across the board Monday as Wall Street ignores record
oil prices and awaits Wednesday's Fed decision.

U.S. General Wounded In Iraq Bombing

Breaking News
October 29, 2007
U.S. General Wounded In Iraq Bombing

A U.S. brigadier general was wounded in a roadside bombing in Baghdad,
becoming the highest ranking American officer hurt since the war began.
Northeast of the capital, a suicide bomber on a bicycle killed dozens of
Iraqi police recruits.

Forums: In Focus on China

On Mon, 29 Oct 2007 4:33 pm,

評論: 太子黨與中國特色的民主

民主價值能"放之四海而皆準"嗎?民主的中國特色是什麼?
More...go to

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

Forums:

Date: 29 Oct 2007 20:13:25 -0000
論壇:如何看中國涉足非洲金融?

在西方紛紛擔心警惕中國"主權資金"之時,如何看中國工商銀行在非洲的成功並購? More...go to

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U.S. stocks remain higher as investors anticipate rate cut

11:50 am ET Oct 29, 2007

DJIA

13,847

+40.64

S&P

1,538

+3.29

NASDAQ

2,812

+7.87

10Yr

4.39%

-0.002


U.S. stocks remain higher as investors anticipate rate cut

NEW YORK
U.S. stocks climbed on Monday, with investors' hopes of another
interest-rate cut by the Federal Reserve helping bolster financial
stocks badly battered in recent months by subprime mortgage losses.

European shares advance behind commodity sector gains

LONDON
European shares rose on Monday, with mineral extractors such as Rio
Tinto in the lead as gold prices continued to strengthen and deals
continued apace, while hopes for a U.S. interest-rate cut buoyed the
broader market.

Merrill Lynch's CEO to depart amid board pressure: reports

BOSTON
Stan O'Neal, Merrill Lynch & Co.'s beleaguered chief executive, has
decided to leave the firm and was negotiating the terms of his
departure, according to media reports.

Futures Movers: Oil tops $93 a barrel on Mexico's production halt

SAN FRANCISCO
Crude-oil futures rose past $93 a barrel for the first time on Monday,
getting a lift as bad weather forced a halt to production in Mexico. Oil
futures were also boosted by a weak dollar, which touched the lowest
level against the euro in eight years.

Metals Stocks: Gold futures near $800 an ounce as rally continues

LONDON
Gold futures traded close to the psychologically important $800-an-ounce
level on Monday, gaining just days before a U.S. interest-rate decision
as traders stepped forward to buy the popular inflation hedge.

Boston Red Sox win World Series

Date: Sun, 28 Oct 2007 23:12:45 -0500

DENVER - Overwhelming in every way, the Red Sox swept to their second
title in
four years Sunday night. Jon Lester, Mike Lowell & Co. left little room
for
drama with a 4-3 win over the Colorado Rockies in Game 4.

Sunday, October 28, 2007

Forums:

分析:香港的"漢奸政治"餘波未了?

沒有電影《色戒》中的漢奸易先生和特務王佳芝,香港政壇近日都一樣"漢奸處處"。 More...go to

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