Friday, February 29, 2008

U.S. stocks slump towards weekly and monthly declines

Date: Fri, 29 Feb 2008 22:06:03 (GMT)

U.S. stocks slump towards weekly and monthly declines

U.S. stocks plunge, headed for declines for both the week and the month
of February after big losses from AIG and poor results from Dell shook
investors.

FDIC doesn't see bank failures surging

The Federal Deposit Insurance Corp. is trying to rehire 25 former
employees specializing in bank insolvency, but the agency that insures
bank deposits says it does not expect a surge of failures in the
industry.

ComScore clarifies view on Google 'paid click' data

ComScore executives are disputing the view that their research on
Google's "paid clicks" may signal a weak first quarter for the Internet
giant.

Capitol Report: How low will interest rates go?

WASHINGTON
Now that Federal Reserve Chairman Ben Bernanke has signaled that more
rate cuts are on the horizon, the natural question arises: how low will
interest rates go?

Dell shares down more than 4% following earnings drop

SAN FRANCISCO
Dell Inc. shares fell more than 4% Friday, sinking after the No. 1 U.S.
personal-computer company reported a drop in fourth-quarter earnings and
hinted near-term results could be hurt by the spending plans of some of
its larger corporate customers.

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