Monday, February 11, 2008

U.S. stocks end higher, lifted by technology gains

Date: Mon, 11 Feb 2008 22:06:08 (GMT)

Emerging Markets Report: Middle Eastern equities set to outperform: UBS

Middle Eastern equities, particularly those in the United Arab Emirates
and Egypt, are set to outperform this year, UBS analysts said Monday.

Countrywide debuts 'workout' plan for subprime borrowers

Help could be on the way for some subprime-mortgage borrowers caught up
in the twin sagas of the plummeting housing market and besieged
Countrywide Financial Corp., after the nation's largest home-loan
lender said Monday that it's broadening efforts to help prevent
foreclosures.

White House warns Congress about new market rules

The White House tells Congress that it is not eager to see legislation
aimed at greater oversight of financial markets and banks in the wake of
the credit squeeze that began last August.

Yahoo says Microsoft bid 'substantially undervalues' company

Yahoo formally rejects Microsoft's $44.6 billion bid to buy the company,
saying the offer "substantially undervalues" the Internet search giant.

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