Thursday, February 07, 2008

U.S. stocks snap three-session losing streak

U.S. stocks snap three-session losing streak

U.S. stocks close higher for the first time this week after bargain
hunters repeal earlier declines fueled by anemic retail sales and Cisco
Systems Inc.'s disappointing forecast.

Conservatives grudgingly hear McCain's message

WASHINGTON
John McCain may look, talk and act conservative. But is he conservative
enough for, well, conservatives?

Clock is ticking on Yahoo's board

The board of directors of Yahoo Inc. may not be facing a formal deadline
to decide on Microsoft Corp.'s buyout offer -- but the group still has a
limited window of time to work with.

S&P plans changes to ratings; Cuomo calls it 'window dressing'

Standard & Poor proposes changing the way it comes up with ratings on
Thursday after the mortgage crisis exposed flaws in the current system.
Rivals Moody's Investors Service and Fitch Ratings unveiled similar
plans this week.

Microsoft, Yahoo bankers eye $1 billion payday

Many Yahoo shareholders stand to make a nice chunk of change from a
proposed buyout by Microsoft, but the companies' bankers may be the
real winners, divvying up more than a $1 billion and burnishing
reputations by playing in the biggest game in town.

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