Tuesday, May 27, 2008

Home price declines accelerate in March

Date: Tue, 27 May 2008 12:03:16 -0400
Home price declines accelerate in March

Home prices in 20 major U.S. metropolitan areas have dropped a record
14.4% in the past year, Case-Shiller index data compiled by Standard &
Poor's show.

Vodafone records $13.2 billion profit as CEO Sarin to exit post

Vodafone Group's CEO Arun Sarin is stepping down after five years, going
out on a high note as the wireless giant generates a company-record
profit of more than $13 billion for the most recent fiscal year.

Telecom Report: AT&T, Verizon bet they'll catch Sprint in 4-G wireless
race

"My network's better than your network." So goes the playground-like
argument that's raging in the telecom industry's fierce competition for
customers in "fourth-generation" wireless service.

Blackstone, Apollo Management may deal for Chemtura: report

A pair of private-equity firms are reportedly in the early stages of
arranging financing to acquire Chemtura Corp. Shares of the
specialty-chemicals company rally ahead of the opening bell.

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