Saturday, February 02, 2008

Obama Is Racing Against the Clock

Breaking News
February 2, 2008

Obama Is Racing Against the Clock

With three days to go before Super Tuesday, when roughly half the
delegates in the Democratic presidential contest will be awarded, Barack
Obama is racing around the country, still trying to introduce himself to
voters, speed-dating style. 
--------------------
U.S.

Snowstorm Blankets Midwest, Heads East

A huge storm that's blanketed the nation's midsection with snow is
heading for the Northeast.
--------------------
World

Rebels Clash With Troops In Chad's Capital

As many as 1,500 rebels entered N'Djamena and clashed with government
troops, moving on the presidential palace. A rebel spokesman said "many"
soldiers had defected, but reports are that rebels are being pushed
back.
--------------------
Politics

Obama Tries To Win Over Latino Voters

In a sun-drenched community college courtyard in the heart of East Los
Angeles, Barack Obama tried to confront one of his greatest obstacles to
doing well on Super Tuesday next week: winning over Latino voters. The
Washington Post reports. 
--------------------
Health

Eleven States See Widespread Flu Outbreaks

Flu season is in full swing, with wide outbreaks in 11 states - and a
new strain is starting to emerge that this year's vaccine doesn't
specifically target, the government's public health chief said Friday. 
--------------------
SciTech

3rd Undersea Cable Cut, Hampering Internet

An undersea cable has been cut in the Persian Gulf, the third such
communications link damaged in the past week, resulting in severe phone
line disruptions and compounding Internet outages across the Middle East
and Asia.
--------------------
Business

Exxon Mobil Makes Monster Profit

The oil giant posted the largest annual profit ever by a U.S. company:
$40.6 billion. Exxon Mobil benefited from historic crude prices at
year's end. 
--------------------
Entertainment

Dad Gains Legal Custody Of Britney

Britney Spears' father was put in control of her welfare under a
court-ordered temporary conservatorship Friday, a day after the pop star
was taken to a psychiatric hospital. 

Friday, February 01, 2008

Markets Friday, 02/1/2008

Date: Fri, 1 Feb 2008 17:31:05 -0500

| Dow : 12743.19 up 92.83

| S & P : 1395.42 up 16.87

| NASDAQ: 2413.36 up 23.50

| Bond (10Y): 3.59%, 105.38

MARKETS:
Stocks jump on day, week
Wall Street rallies as investors consider Microsoft's bid for Yahoo and
help for bond insurers. Jan. jobs report disappoints.

FORUMS

Date: 1 Feb 2008 16:21:19 -0000
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U.S. stocks fight to maintain gains in face of mixed data

Date: Fri, 01 Feb 2008 17:01:08 (GMT)

U.S. stocks fight to maintain gains in face of mixed data

U.S. stocks faltered Friday as early cheer from Microsoft's $44.6
billion bid for Yahoo Inc. was overshadowed by the first January U.S.
payrolls dip in more than four years.

Microsoft offers $44.6 bln for Yahoo; targets 'dominant player'

Microsoft Corp. on Friday offers to buy search-engine operator Yahoo
Inc. for $31 a share, or $44.6 billion, in an effort to better compete
with online-advertising juggernaut Google Inc.

The Ratings Game: Google downgraded over risk concerns

Analyst downgrades Google to hold from buy, citing the Internet
giant's increasing risk profile.

Exxon Mobil shatters profit records; quarterly net rises 14%

NEW YORK
Exxon Mobil on Friday reported its most lucrative quarter ever, as
profit neared the $12 billion mark on a slight rise in adjusted oil
production, capping off a year of record crude-oil prices.

Rio Tinto stock surges after Alcoa, Chinalco build 12% stake

Shares in Rio Tinto surge after Alcoa Inc. and Aluminum Corp. of China
say they've acquired a 12% stake in the group, putting themselves in the
middle of a battle for control of the mining giant.

ISM manufacturing index jumps to stronger-than-expected 50.7 in January.

Date: Fri, 1 Feb 2008 10:02:07 -0500

ISM manufacturing index jumps to stronger-than-expected 50.7 in January.

U.S. construction spending declines in December

Date: 1 FEB 2008 15:03:28 GMT

BULLETIN
U.S. construction spending declines in December
2/1/2008 10:01:30 AM

China Storms Kill 60, More Snow Coming

Breaking News
February 1, 2008

Microsoft Makes Major Bid For Yahoo

Not content to fall behind Google in the race to capture online
advertising dollars, Microsoft offered to buy search engine operator
Yahoo for $44.6 billion in a move to boost its competitive edge in the
online services market. 
--------------------
U.S.

Another Last Minute Death Row Reprieve

A murderer who would have become America's first executed inmate in
months won a reprieve from the U.S. Supreme Court a little more than an
hour before he was scheduled to die by lethal injection. 
--------------------
World

China Storms Kill 60, More Snow Coming

As the government raised the official death toll to 60 and its damage
estimate from three weeks of punishing winter storms to a whopping $7.48
billion, forecasters warned residents of central China that more snow
was on the way.
--------------------
Politics

Clinton, Obama Debate, But Play Nice

Democrats Barack Obama and Hillary Rodham Clinton kicked off their final
debate before Super Tuesday contests on a cordial note, and reached out
to backers of former rival John Edwards in their scrappy chase for
delegates. 
--------------------
Health

FDA Links Epilepsy Drugs To Suicide Risk

The Food and Drug Administration has alerted the nation's doctors that
drugs commonly prescribed to millions of people with epilepsy and some
other disorders can double the risk of suicidal thoughts and
tendencies.
--------------------
SciTech

Humans Blamed For Climate-Related H2O Woes

People driving their cars, cranking on their air conditioners and
switching on lights and dishwashers are responsible for most of the
climate changes that are gradually drying up water supplies in arid and
growing western states, a new study finds. 
--------------------
Business

U.S. Stocks End Session Ahead

U.S. stocks close higher, but still end January with substantial losses,
as a shaky market swings down on MBIA Inc.'s losses only to reverse
higher when the bond insurer said it did not believe its triple-A rating
was in jeopardy.
--------------------
Entertainment

George Clooney Gets U.N. Role

In his new role as United Nations messenger of peace, Clooney toured
U.N. headquarters for a ceremony and received a new pin for his lapel
marking his designation for the special job from Secretary General Ban
Ki-moon. 

News Alert! Microsoft Corp. Will Bid $44.6 Billion For Yahoo Inc.

Date: Fri, 1 Feb 2008 06:41:16 -0500

Microsoft Corp. offered to buy search engine operator Yahoo Inc. for
$44.6 billion in cash and stock in a move to boost its competitive edge
in the online services market. Microsoft bid $31 per share for Yahoo,
representing a 62 percent premium to Yahoo's closing stock price
Thursday.

U.S. stock futures rally nearly 140 points after Microsoft bids for Yahoo

Date: 1 FEB 2008 11:54:49 GMT

BULLETIN
U.S. stock futures rally nearly 140 points after Microsoft bids for
Yahoo
2/1/2008 6:49:53 AM

U.S. payrolls down 17,000 in January, unemployment rate dips to 4.9%, Dow Jones reports.

Date: Fri, 1 Feb 2008 08:32:19 -0500

U.S. payrolls down 17,000 in January, unemployment rate dips to 4.9%,
Dow Jones reports.

Thursday, January 31, 2008

No 'smoking gun' expected in Friday's key data

Date: Thu, 31 Jan 2008 22:06:06 (GMT)

No 'smoking gun' expected in Friday's key data

WASHINGTON
Two of the most important monthly indicators of the economy's health to
be released Friday are expected to show the economy is weak but neither
is expected to provide the "smoking gun" that proves the economy is in
recession, economists said.

Market Snapshot: U.S. stocks end session ahead, but down for the month

U.S. stocks close higher, but still end January with substantial losses,
as a shaky market swings down on MBIA Inc.'s losses only to reverse
higher when the bond insurer said it did not believe its triple-A rating
was in jeopardy.

Google posts 17% profit gain, but shares slide lower

Google Inc. reports its fiscal fourth-quarter profit rose 17%, but
results fall short of Wall Street analysts' expectations.

More Super Bowl sponsors face risk as the economy falters

More sponsors of big game's broadcast face a bigger risk this year as
the economy falters.

Home Depot to lower 10% of headquarters staff

NEW YORK
Home Depot Inc., the largest U.S. home improvement retailer, plans to
cut 10% of its headquarters staff to lower costs and weather a slowing
housing market that has hurt its sales.

Markets Thursday, 01/31/2008

Thursday, 1/31/2008

| Dow : 12650.36 up 207.53

| S & P : 1378.55 up 22.74

| NASDAQ: 2389.86 up 40.86

| Bond (10Y): 3.59%, 105.34

MARKETS:
Big day, brutal month for markets
Stocks rally on the last day of January for a miserable start to 2008.

Stocks surge, led higher by financial and homebuilder stocks as MBIA soothes investor fear over the bond insurer's fate.

Date: Thu, 31 Jan 2008 16:01:05 -0500

Stocks surge, led higher by financial and homebuilder stocks as MBIA
soothes investor fear over the bond insurer's fate.

Dow industrials up by triple digits after erasing morning's steep losses

Date: 31 JAN 2008 17:34:23 GMT

BULLETIN
Dow industrials up by triple digits after erasing morning's steep
losses
1/31/2008 12:01:16 PM

Stocks broadly lower; spike in jobless claims rattles investors

Date: Thu, 31 Jan 2008 17:01:13 (GMT)

Stocks broadly lower; spike in jobless claims rattles investors

U.S. stocks fell with a thud Thursday, with sentiment hit by a sharp
rise in the nation's first-time jobless claims and by troubled bond
insurer MBIA Inc.'s report of a $2.3 billion fourth-quarter loss.

Amazon profit doubles, but stock falls after cloudy outlook

Amazon.com sees its earnings more than double in the fourth quarter
thanks to strong holiday sales, but the online retail giant issues a
forecast for operating income that's below Wall Street's expectations.

Starbucks slips on profit slowdown

NEW YORK
Shares of Starbucks fell more than 4% in early trading Thursday morning
after the coffee chain reported slower profits because of weaker
business in the U.S.

Economic Report: U.S. first-time jobless claims rocket higher in latest
week

First-time jobless claims rocketed higher last week, adding to worries
that the U.S. economy may be stalling.

Big Japanese banks' subprime losses seen at $4.7 bln: report

SAN FRANCISCO
Japan's four biggest banks face 500 billion yen ($4.7 billion) in losses
associated with U.S. subprime mortgages in the current fiscal year
through March 31, according to a published report.

Why Ted Kennedy Didn't Endorse Clinton

Breaking News
January 31, 2008
Why Ted Kennedy Didn't Endorse Clinton

Part of the reason why Ted Kennedy embraced Barack Obama was because of
a perceived slight at the Kennedy family's civil rights legacy by the
other Democratic presidential primary frontrunner, reports the
Washington Post. 
--------------------
World

2nd Lawmaker Shot; Kenya "In Flames"

The shooting death of a second Kenyan opposition legislator in just one
week has added fuel to the fire of ethnic fighting which as gripped the
African nation for more than a month, leaving more than 800 people dead
and thousands displaced. 
--------------------
Politics

Early Wins Pay Off For Obama

Democratic presidential candidate Barack Obama raised $32 million in the
single month of January, matching his best three-month period last year,
aides said Thursday. 
--------------------
Health

Epsom Salts May Cut Cerebral Palsy Risk

Doctors can cut the risk of cerebral palsy in half for very premature
babies by giving their mothers magnesium sulfate, better known as Epsom
salts, just before they give birth, new research shows. 

Amazon, Starbucks, Google among big-name decliners as Nasdaq slumps

Date: 31 JAN 2008 14:45:39 GMT

BULLETIN
Amazon, Starbucks, Google among big-name decliners as Nasdaq slumps
1/31/2008 9:43:21 AM

Dow industrials drop 100-plus points in first minute; Nasdaq down 1.5%

Date: 31 JAN 2008 14:33:56 GMT

BULLETIN
Dow industrials drop 100-plus points in first minute; Nasdaq down 1.5%
1/31/2008 9:31:42 AM

Governor Schwarzenegger To Endorse McCain

Breaking News
January 31, 2008

2nd Lawmaker Shot; Kenya "In Flames"

The shooting death of a second Kenyan opposition legislator in just one
week has added fuel to the fire of ethnic fighting which as gripped the
African nation for more than a month, leaving more than 800 people dead
and thousands displaced. 
--------------------
U.S.

Judge Throws Out Katrina Suit Against Army

A federal judge has ruled the Army Corps of Engineers is immune to
prosecution over the devastating levee breach that flooded New Orleans
during Hurricane Katrina, throwing out a class-action lawsuit brought by
thousands of residents and businesses. 
--------------------
World

Suicide Bomber Kills Afghan Official

Two suicide attacks have killed at least seven people in Afghanistan,
including the deputy governor of the southern Helmand province who died
along with five other people when a bomber walked into a mosque and blew
himself up.
--------------------
Politics

Governor Schwarzenegger To Endorse McCain

Gov. Arnold Schwarzenegger will endorse John McCain on Thursday, giving
a certain boost to the Republican presidential front-runner six days
before California's high-prize primary. 
--------------------
Health

Pot, Tobacco Withdrawal Equally Rough

Marijuana withdrawal symptoms are similar to tobacco withdrawal
symptoms, experts report in the journal Drug and Alcohol Dependence. 
--------------------

SciTech

Mercury Showing Its Age, Photos Reveal

Scientists are excitedly examining recent pictures of Mercury that
reveal the wrinkles of a shrinking, aging planet with scars from
volcanic eruptions and a fascinating birthmark shaped like a spider. 
--------------------
Business

Web Outage Hits Indian Outsourcing Firms

India's lucrative outsourcing industry struggled Thursday to overcome
Internet slowdowns and outages after two undersea cables in the
Mediterranean Sea were cut, slicing the country's bandwidth in half. 
--------------------
Britney Brought To Hospital Again

The pop princess was taken from her house by ambulance for the second
time this month. She's reportedly going to "get help." 

Markets January 31, 2008

Date: Thu, 31 Jan 2008 13:41:08 (GMT)

Pre-open moves
A weaker start loomed as earnings and bond insurers held the spotlight,
overshadowing the Fed's latest rate cut. First-time jobless claims
rocketed higher by 69,000 in the latest week and real consumer spending
flattened in December, further evidence the economy was getting weaker
as the fourth quarter closed.

Bulletin: U.S. stocks futures turn sharply lower in wake of jobless claims data

Date: 31 JAN 2008 13:42:09 GMT

BULLETIN
U.S. stocks futures turn sharply lower in wake of jobless claims data
1/31/2008 8:40:06 AM

Jobless claims surge 69,000, biggest jump since Katrina; spending, PCE as expected

Date: 31 JAN 2008 13:34:43 GMT

BULLETIN
Jobless claims surge 69,000, biggest jump since Katrina; spending, PCE
as expected
1/31/2008 8:32:11 AM

Wednesday, January 30, 2008

Markets Wednesday, 01/30/2008

Wednesday, 1/30/2008

| Dow : 12442.83 down 37.47

| S & P : 1355.81 down 6.49

| NASDAQ: 2349.00 down 9.06

| Bond (10Y): 3.67%, 104.66

MARKETS:
Stocks erase gains
Wall Street ends lower, abandoning rally that followed Federal Reserve
decision to cut interest rates by a half-percentage point.

U.S. stocks close lower after rate-cut rally falls apart

Date: Wed, 30 Jan 2008 22:01:04 (GMT)

U.S. stocks close lower after rate-cut rally falls apart

U.S. stocks crumble into the close, after earlier rallying in reaction
to the Federal Reserve's much-anticipated half-point rate cut, with
speculation that bond insurers Ambac Financial and MBIA Inc. faced
downgrades helping to fuel the late-session losses.

The Fed: Fed cuts rate by half a point to 3%, signals for more

The Federal Reserve lowers interest rates by half a percentage point and
signals that the door remains open for more cuts.

Edwards quits race for Democratic nomination

The field of presidential candidates is likely narrowing to two major
hopefuls for each party, with Democrat John Edwards reportedly dropping
out along with Republican Rudy Giuliani.

Societe Generale chief keeps job following $7.1 billion loss

LONDON
Daniel Bouton, the chairman and chief executive of troubled French bank
Societe Generale, will remain in his post after receiving the unanimous
backing of the board of directors on Wednesday.

Wal-Mart revamps apparel unit
Wal-Mart Stores Inc., in a bid to fix its lagging apparel division, said
it's restructuring the unit to make products more relevant and deliver
them to stores in a more timely fashion.

Breaking News 1/30/08

Date: Wed, 30 Jan 2008 18:11:04 -0500

Rudy Giuliani says he is ending his bid for GOP presidential nomination,
endorsing Sen. John McCain.

Oil prices retreat after stronger-than-expected crude, gasoline inventories.

Date: Wed, 30 Jan 2008 10:32:24 -0500

Oil prices retreat after stronger-than-expected crude, gasoline
inventories.

U.S. economy grew at slower-than-expected 0.6% annual rate in fourth quarter, Dow Jones reports.

Date: Wed, 30 Jan 2008 08:31:03 -0500

U.S. economy grew at slower-than-expected 0.6% annual rate in fourth
quarter, Dow Jones reports.

News Alert! AP: Edwards Dropping Out Of Race

Date: Wed, 30 Jan 2008 09:05:54 -0500

Democrat John Edwards to drop out of presidential race, The Associated
Press has learned.

Tuesday, January 29, 2008

Breaking News: McCain wins GOP Florida primary

Date: Tue, 29 Jan 2008 20:21:00 -0600

MIAMI (AP) - Sen. John McCain won the Florida Republican primary Tuesday
night, edging past former Massachusetts Gov. Mitt Romney and seizing
momentum for next week's string of contests across 21 states. Hillary
Rodham Clinton won the Democratic primary, which drew no campaigning by
any of her presidential rivals and awarded no delegates to the winner.

House approves the nearly $150 million stimulus package to counter slowing economic growth. Fate in Senate uncertain.

Date: Tue, 29 Jan 2008 15:11:11 -0500

House approves the nearly $150 million stimulus package to counter
slowing economic growth. Fate in Senate uncertain.

Hillary wins Florida, but no delegates at stake

Date: Tue, 29 Jan 2008 17:16:41 -0800 (PST)

BREAKING NEWS

Hillary wins Florida, but no delegates at stake

Hillary Rodham Clinton has won the Florida Democratic primary, but no
delegates were at stake.

Yahoo will cut 1,000 jobs in February as the online media company continues to struggle in its search business.

Date: Tue, 29 Jan 2008 17:50:20 -0500

Yahoo will cut 1,000 jobs in February as the online media company
continues to struggle in its search business.

Markets Tuesday, 01/29/2008

Tuesday, 1/29/2008

| Dow : 12480.30 up 96.41

| S & P : 1362.30 up 8.34

| NASDAQ: 2358.06 up 8.15

| Bond (10Y): 3.68%, 104.63

MARKETS:
Stocks rally Day 2
Dow and S&P lead the advance as Wall Street surges near the close. A
rise in durable-goods orders and anticipation about the Fed lift
equities.

Yahoo quarterly profit lower; shares fall

Date: Tue, 29 Jan 2008 22:01:04 (GMT)

Yahoo quarterly profit lower; shares fall

Shares of Yahoo Inc. drop Tuesday evening after the online search firm
posts quarterly results.

U.S. stocks end solidly higher, fueled by rate-cut expectations

U.S. stocks close with solid gains on Tuesday on expectations of another
interest-rate cut on Wednesday from the Federal Open Market Committee.

Economic Report: Home prices fall record 2.1% in November

WASHINGTON
The decline in U.S. home values accelerated in November, with prices
falling for the third month in a row in all 20 cities tracked by the
Case-Shiller home price index released Tuesday by Standard & Poor's.

SocGen chief remains under pressure after $7 bln loss

Societe Generale chief Daniel Bouton may face a tough task holding onto
his job at a board meeting later in the week after the bank's
reputation took a further blow over its $7 billion loss.

AirTran could profit from a Northwest-Delta merger

AirTran Holdings Inc. would likely benefit from a Northwest-Delta
merger, which would trim excess domestic capacity, reduce competition
and open up time slots to some of the nation's busiest airports, the
low-cost carrier's chief financial officer said on Tuesday.

Bush Pushes Big Ideas Into The Background

Breaking News
January 29, 2008

In Florida, GOP Sniping Takes Center Stage

After a cordial debate, the GOP rhetoric has become increasingly heated
in Florida, where voters on Tuesday could effectively anoint a national
front-runner - and kill a struggling campaign.
--------------------

U.S.

Florida Gamblers Get Slot Machines

After an agreement between Gov. Charlie Crist and the Seminole Indian
tribe, Las Vegas-style slot machines have begun raking in the cash in
Florida. Some state lawmakers are challenging the new gambling policy.
--------------------
Politics

Bush Pushes Big Ideas Into The Background

President Bush's final State of the Union message lacked the sweeping
rhetoric and big ideas of previous speeches, a reflection of the ongoing
election and the limited time he has left in office, The Washington Post
reports.
--------------------
The Florida Factor

Florida's primary could decide Rudy Giuliani's fate and Sen. Clinton
breaks a promise not to campaign in the Sunshine State, hoping to
recover from her S.C. defeat.

Midday Report: U.S. stocks mostly higher on strong data, rate-cut hopes

Date: Tue, 29 Jan 2008 17:06:04 (GMT)

U.S. stocks mostly higher on strong data, rate-cut hopes

U.S. stocks were mostly higher Tuesday after a surprisingly strong rise
in December durable-goods orders, and as investors anticipated another
interest-rate cut from the Federal Open Market Committee.

Economic Report: Durable-goods orders surge 5.2% in December

Orders for durable goods rose 5.2% in December, led by aircraft and
defense capital goods, the Commerce Department reported Tuesday.

Economic Report: Home prices fall record 2.1% in November

WASHINGTON
The decline in U.S. home values accelerated in November, with prices
falling for the third month in a row in all 20 cities tracked by the
Case-Shiller home price index released Tuesday by Standard & Poor's.

Countrywide posts quarterly loss as loan production plummets

BOSTON
Countrywide Financial Corp., the troubled mortgage lender that's in a
deal to be acquired by Bank of America Corp., reported Tuesday a sizable
fourth-quarter loss as loan production fell sharply toward the end of
2007.

SocGen chief remains under pressure after $7 bln loss

Societe Generale chief Daniel Bouton may face a tough task holding onto
his job at a board meeting later in the week after the bank's
reputation took a further blow over its $7 billion loss.

Consumer confidence index drops in January, Dow Jones reports, but decline is less than forecast.

Date: Tue, 29 Jan 2008 10:02:23 -0500

Consumer confidence index drops in January, Dow
Jones reports, but decline is less than forecast.
_________________________
Date: Tue, 29 Jan 2008 10:09:04 -0500

Census Bureau: Biggest annual drop in home ownership in four decades.

Politics 1/29/08

Politics 1/29/08

WASHINGTON - Sen. Ted Kennedy passed the torch to Barack Obama yesterday
and invoked the hopeful era of Camelot - then took a flamethrower to
Bill and Hillary Clinton's politics of "distortion." Recalling the
optimistic "New Frontier" campaign.

U.S. orders for durable goods jump 5.2% in December, highest since July

Date: 29 JAN 2008 13:33:26 GMT

BULLETIN
U.S. orders for durable goods jump 5.2% in December, highest since July
1/29/2008 8:31:22 AM

Monday, January 28, 2008

1/28/2008

Date: Mon, 28 Jan 2008 21:13:04 -0500

President Bush - citing 'uncertainty' and slowing job growth - urges
swift action on $150 billion program he says will spark economy.

Half-point cut most likely: former Fed staffer

Date: Mon, 28 Jan 2008 22:01:04 (GMT)

Half-point cut most likely: former Fed staffer

WASHINGTON
The Federal Open Market Committee is likely to cut rates again by a
half-point on Wednesday, according to former top Fed staffer Vincent
Reinhart.

Market Snapshot: U.S. stocks end near session highs as investors bet on
Fed cut

U.S. stocks closed near session highs on Monday, with financials
fronting the climb, after bleak figures on the battered housing market
further fueled hopes for another interest-rate cut by the Federal
Reserve later this week.

Telecom Report: AT&T, Verizon not deterred by economy

For AT&T and Verizon, business is pretty good and a slowing U.S. economy
isn't giving executives any ulcers, at least not yet.

Countrywide's Mozilo to give up $37.5 million severance

Countrywide Financial said on Monday that Chief Executive Angelo Mozilo,
a lightening rod for criticism over the subprime-lending meltdown, is
giving up a $37.5 million severance package.

Nymex Holdings, CME talk over a possible merger; shares gain

NEW YORK
Nymex Holdings Inc. and CME Group Inc. confirmed Monday that that the
two companies are holding preliminary talks about a potential merger
that could eventually be worth as much as $11.07 billion.

Markets Monday, 01/28/2008

Date: Mon, 28 Jan 2008 17:38:22 -0500


| Dow : 12383.89 up 176.72

| S & P : 1353.96 up 23.35

| NASDAQ: 2349.91 up 23.71

| Bond (10Y): 3.58%, 105.47

MARKETS:
Stocks pull off late rally
Wall Street redoubles its rally effort at the end of a choppy session as
investors eye a drop in the Dec. new home sales and gear up for the next
Fed meeting.

Stocks pull off a winner. Dow, Nasdaq and S&P end higher as rate-cut hopes outshine more grim housing news.

Date: Mon, 28 Jan 2008 16:01:05 -0500

Stocks pull off a winner. Dow, Nasdaq and S&P end higher as rate-cut
hopes outshine more grim housing news.

Breaking News Mon., January 28, 2008

Date: Mon, 28 Jan 2008 07:11:50 -0800
Breaking News

5 AMERICAN SOLDIERS WERE KILLED BY A ROADSIDE BOMB IN IRAQ ACCORDING TO
THE U.S. MILITARY, THE AP REPORTS

Bulletin: Sales of new U.S. homes decline nearly 5% in December, despite builders' incentives

Date: 28 JAN 2008 15:04:44 GMT

BULLETIN
Sales of new U.S. homes decline nearly 5% in December, despite builders'
incentives
1/28/2008 10:02:56 AM

Global markets January 28, 2008

Date: Mon, 28 Jan 2008 13:41:04 (GMT)

Global markets
Financials faltered yet again in Europe. Asian markets sold off sharply.
Shares in Shanghai lost 7% and Japan's Nikkei gave up 4%.

Politics: Why Obama Won

Breaking News
January 28, 2008

U.! S.

Mormon Church President Dies At 97

Gordon B. Hinckley, the longest-serving president of the Mormon church
who presided over one of the greatest periods of expansion in its
history, died Sunday, a church spokesman said. He was 97. M
--------------------
World

Bush's War On Terror Shifting Targets

There is an increasing and profound shift in the primary focus of the
White House's war on terror, setting sights on Pakistan, and once again
on Afghanistan, where al Qaeda and other militant movements are stepping
up their fight. 
--------------------
Politics

Why Obama Won

While the political pundits may label the South Carolina win by Barack
Obama as all about race, exit polls demonstrate that the truth lies a
little deeper. In many ways Obama's win was similar to his early victory
in the Iowa caucuses. 
--------------------
Health

Spousal Spats May Have Health Benefits

New research on marriage and health shows that married couples who
express anger may outlive those who suppress anger. The key is for both
spouses to be comfortable expressing anger, rather than one or both
suppressing anger, researchers say. 
--------------------
SciTech

Unlocking The Genetic Mysteries Of E.Coli

The remnants of a Naval ammunition depot are now an animal research
center where government scientists are working to unlock secrets
contained in the genetic makeup of the cattle. Their focus: the E. coli
0157:H7 bacteria. 
--------------------
Business

Asian, European Markets Continue Slide

Global market turmoil continued into a second week as Asian markets
tumbled in the wake of Wall Street's sell-off Friday amid persistent
worries about a possible U.S. - and worldwide - economic slowdown. 

Sunday, January 27, 2008

Kennedy Clan To Endorse Obama

Breaking News
January 27, 2008

Kennedy Clan To Endorse Obama

Sen. Ted Kennedy, and his son Rep. Patrick Kennedy will endorse Barack
Obama at a rally in Washington, D.C. Monday. They will be joined by
Caroline Kennedy, who endorsed Obama in a New York Times op-ed today. 
_____________________
U.S.

Avalanches Claim Three Lives In Calif.

A third body has been found after a series of avalanches struck the
mountains outside Los Angeles, authorities said, while Southern
California braced for more powerful storms that have pounded the area
with heavy snow and rain. 
--------------------
World

2 U.S. Troops Killed in Baghdad

Two U.S. soldiers were killed in separate bombings in Baghdad, bringing
the U.S. death toll in Iraq to 3,934. Meanwhile, Iraqi forces are
leading efforts in Mosul to battle insurgents there, following a suicide
attack this week.
--------------------
Politics

Obama Easily Wins South Carolina Primary

Democratic Sen. Barack Obama easily won the hard-fought South Carolina
Democratic primary Saturday, in a race that served as a prelude to Super
Tuesday. Sen. Hillary Rodham Clinton finished in second place and John
Edwards in third. 
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Health

Spousal Spats May Have Health Benefits

New research on marriage and health shows that married couples who
express anger may outlive those who suppress anger. The key is for both
spouses to be comfortable expressing anger, rather than one or both
suppressing anger, researchers say.