U.S. stocks end lower on earnings worries

Date: Mon, 14 Apr 2008 21:06:03 (GMT)

U.S. stocks end lower on earnings worries

U.S. stocks finish a wobbly session lower with investors still digesting
the poor results from bellwether General Electric, while absorbing
further evidence of the ailing financial sector from Wachovia.

Capitol Report: Rubin: Weak dollar is an additional problem for the Fed

WASHINGTON
Robert Rubin said the weak dollar, caused by unsound Bush administration
fiscal policy, has now got to be a factor in the Federal Reserve's
thinking about how low it can cut rates to spur economic growth in
coming months.

Analysts skeptical of Blockbuster's bid for Circuit City

Blockbuster's attempt to buy Circuit City is baffling to many
analysts, who think the video-rental chain needs more time to turn
itself around before undertaking a costly acquisition.

Speculators return to oil-futures market, pushing record prices

Speculators increased their bets on rising oil prices last week for the
first time in four, helping push crude prices to a new high, data from
the U.S. futures regulator show.

Wachovia posts loss, will raise $7 bln capital and slash payout

Wachovia Corp cuts dividend, sets plans to raise $7 billion. .