U.S. stocks end mostly off with financials weighing

Date: Tue, 13 May 2008 17:06:38 -0400
U.S. stocks end mostly off with financials weighing

U.S. stocks try but mostly fail to reverse course on an earlier slide,
with only the tech-heavy Nasdaq Composite Index remaining higher,
following a report that Carl Icahn might try to take over the board of
Yahoo.

Toll Brothers CEO says home buyers remain on the sidelines

The chief executive of Toll Brothers, the nation's largest builder of
luxury homes, says buyers didn't materialize this spring as sales and
prices continued to plunge in the company's latest quarter.

Food Futures: Wheat falls for third day on rising output expectations

Wheat futures fall for a third day on expectations that next year's
world wheat production will rise to a record.

Hewlett-Packard to buy EDS for $13.9B to create IT giant

Hewlett-Packard Co. will buy information-technology giant for $13.9
billion in a deal that will significantly expand its services business
and help it challenge IBM.

The Fed: Inflation has peaked, Fed's Yellen says

Seeking to ease fears that rising oil and food prices will spark an
inflation brushfire, San Francisco Fed President Janet Yellen says
prices have probably peaked.