Tuesday, January 08, 2008

U.S. stocks plunge in late trading; Nasdaq falls for 8th day

Date: Tue, 08 Jan 2008 22:06:15 (GMT)

U.S. stocks plunge in late trading; Nasdaq falls for 8th day

U.S. stocks fell sharply Tuesday as Countrywide Financial Corp. denied
bankruptcy speculation and AT&T Inc. pointed to softness in its
broadband and phone line business, pushing the Nasdaq Composite into an
eighth day of losses.

Countrywide says it's not filing for bankruptcy as shares slump

Countrywide Financial said that it's not filing for bankruptcy as
speculation swirls about the mortgage lender needing billions of dollars
in extra cash to survive.

CES notebook: Comcast gets a big seat at the table

CES notebook has the latest dispatches from the Consumer Electronics
Show in Las Vegas.

The Fed: Three banks wanted bigger rate cut; two wanted none

Federal Reserve officials disagreed sharply in early December about
whether the Fed should cut interest rates aggressively or not at all,
according to the latest minutes.

New Hampshire voting underway as candidates push 'change'

WASHINGTON
White House hopefuls made their final push to score votes in New
Hampshire on Tuesday as residents there flocked to the polls to begin
casting their ballots in the next critical step in the U.S. presidential
nominating process.

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