Monday, May 19, 2008

With Microsoft and Yahoo talking again, what's with Icahn?

Date: Mon, 19 May 2008 17:04:40 -0400
With Microsoft and Yahoo talking again, what's with Icahn?

The shotgun wedding Carl Icahn had in mind for Yahoo and Microsoft took
an unexpected turn after the tech titans say they're talking about
coming together on their own, but without a formal marriage.

Housing market downturn could undercut Home Depot profit

Home Depot Inc. is expected to report a drop in first-quarter profit
Tuesday, as the declining housing market and other economic worries cut
into consumers' appetite for discretionary spending, analysts say.

Economic Report: Leading indicators rise for second straight month

The U.S. economy is likely to remain weak, but is not in a recession,
economists for the Conference Board says after announcing that the index
of leading economic indicators rose slightly in April for a second
straight month.

Amazon shares surge as Goldman Sachs boosts rating

Amazon.com Inc. shares climb more than 9% after Goldman Sachs adds the
Internet retailing giant to its conviction buy list and raises its price
target, saying the company could grow its sales by more than 20% over
the next decade.

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