U.S. stocks erase opening gains in volatile market

Date: Fri, 22 Feb 2008 17:01:03 (GMT)
U.S. stocks erase opening gains in volatile market

U.S. stocks open modestly high only to fall into the red in early trade,
marking another display of market volatility after the prior day's
sell-off.

Ambac, MBIA may be warming up to idea of separating businesses

SAN FRANCISCO
Recent comments from Ambac Financial and MBIA Inc. suggest that the two
largest bond insurers may be warming up to the idea of separating their
municipal bond businesses from their more troubled structured-finance
units.

Real Estate: Lawmakers eye home-buyer tax credit to move inventory

A substantial tax credit for home buyers is likely to be part of any
second economic stimulus package enacted by Congress.

Northern Trust moves to support funds exposed to SIVs

Northern Trust Corp. in another sign of worsening credit conditions says
it will provide capital support totaling as much as $229 million to
funds it advises that have exposure to troubled structured investment
vehicles.

Tech Stocks: Intuit leads technology sector slide
Technology slip into negative territory as Intuit tumbles after
reporting a drop in its quarterly profit.