Monday, March 10, 2008

Countrywide shares slide on FBI fraud-probe report

Date: Mon, 10 Mar 2008 16:01:03 (GMT)
Countrywide shares slide on FBI fraud-probe report

Shares of mortgage banker lose ground, undermined by a weekend report
that the FBI is investigating the possibility of securities fraud.

McDonald's February sales top expectations

SAN FRANCISCO
Consumers, lured by cheap meals, inexpensive coffee, and new breakfast
menu items, flocked to McDonald's last month.

Market Snapshot: U.S. stocks sputter as rate-cut talk loses traction

U.S. stocks lose ground for a third day as hopes dim that the Federal
Reserve might step in and cut interest rates before next week's meeting
in the aftermath of an employment report that fueled thinking the nation
is in a recession.

Economic Report: Wholesale sales jump 2.7% in January, most in nearly 4
years

Sales at U.S. wholesalers rise at the fastest pace in nearly four years
in January, helping them to work down their inventories, the Commerce
Department reports.

Economic worries curtail Europe, especially metals sector

Stocks in Europe fell for the eighth time in nine sessions on Monday, as
growing doubts about the health of the U.S. economy as well as credit
jitters again weighed on sentiment, especially in the metals sector.

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