U.S. stocks try to shake off losses after three days of declines

Date: Thu, 07 Feb 2008 17:01:13 (GMT)

U.S. stocks try to shake off losses after three days of declines

U.S. stocks extend losses into a fourth day, with Wal-Mart and other
retailers reporting anemic sales and Cisco Systems' cautious outlook
advancing the view of an economic slowdown.

Cisco shares take another hit on disappointing forecast

Cisco Systems Inc. sees its already depressed stock take another hit
Thursday morning after the networking giant issued a disappointing sales
forecast for the current quarter, citing worries about the slowing
economy.

January retail-sales numbers worse than grim forecasts

With few exceptions, it is a miserable start to 2008 for U.S. retailers:
Many of the biggest names in the sector on Thursday posted January sales
numbers that were even worse than already-grim Wall Street forecasts.

MBIA selling new shares to raise $750 mln; bolsters loss reserves

MBIA Inc. says it plans to raise $750 million selling new shares to prop
up its struggling bond insurance business.

Economic Report: U.S. initial jobless claims reverse course, off 22,000

WASHINGTON
Initial jobless claims dropped in the week ended Feb. 2, reversing
course after rocketing higher a week earlier -- a spike that added to
concerns about the nation's economy.