Markets Friday, 03/28/2008

Friday, 3/28/2008

| Dow : 12216.40 down 86.06

| S & P : 1315.22 down 10.54

| NASDAQ: 2261.18 down 19.65

| Bond (10Y): 3.44%, 100.47

MARKETS:
Stocks skid for 3rd day
Wall Street gives up early rally attempt to finish lower for third
straight day. Worries about consumers and more weakness in bank stocks
scare investors.

U.S. real consumer spending flat in February

Date: Fri, 28 Mar 2008 21:06:03 (GMT)

U.S. consumer spending was flat in February after adjusting for
inflation, the third consecutive month of weak consumer demand, the
Commerce Department reports.

Lofty egg prices showing no sign of cracking soon

SAN FRANCISCO
If you haven't shopped for eggs lately, get ready for some
sticker-shock: A dozen eggs cost $2 or more in most U.S. cities, up
about 45% in just eight months.

Capitol Report: Costly heating oil cools demand, prompts calls for
regulation

NEW YORK
The $ 1,000 fill-up slip for homeowners heating with oil has been
increasingly more common this winter in some areas of the northeast. So
too are the stories of crying customers confronted with fixed-incomes
and soaring prices for fuel.

Legg tries to sort out auction rate securities mess

NEW YORK
Asset manager Legg Mason said it is urgently trying to generate
liquidity for shareholders of seven closed-end funds it manages that
collectively own more than half a billion dollars of unsellable
auction-rate preferred securities.

Blue chips fall 1.2% on week, S&P loss is 1.1% as weak economic data, company news weigh

Date: 28 MAR 2008 20:14:42 GMT

Blue chips fall 1.2% on week, S&P loss is 1.1% as weak economic data,
company news weigh
3/28/2008 4:13:23 PM

U.S. stocks up for third day in five on Lehman upgrade

Date: Fri, 28 Mar 2008 16:01:03 (GMT)

U.S. stocks up for third day in five on Lehman upgrade

U.S. stocks advance after an upgrade of Lehman Brothers.

Financial stocks rise, Citi says "buy Lehman shares"

NEW YORK
U.S. financial stocks drifted higher Friday morning, aided by a 4% jump
in shares of Lehman Bros. Holdings after an analyst at Citigroup said
the shares should be bought. The analyst said the firm does not face a
liquidity crisis and that the shares are attractively priced. In the
broader sector, the Financial Select Sector SPDR , an ETF that tracks
the financial stocks in the S&P 500, rose 0.2%.

Cayne unloads entire stake in troubled Bear Stearns

Bear Stearns Cos. Chairman James Cayne sold $61.3 million of company
stock this week amid a controversial acquisition of the struggling
investment firm by J.P. Morgan Chase & Co., according to a regulatory
filing.

J.C. Penney slashes first-quarter outlook; shares tumble

Citing weaker-than-expected sales, J.C. Penney Co. slashes its
first-quarter profit forecast, a move which provides further evidence of
a slowdown in consumer spending on department-store items.

Futures Movers: Crude drops nearly 2%, retracing back below $106 a
barrel

Crude-oil futures drop 1% following their surge in the previous session,
as the market follows the situation in Iraq.

Personal income for February rises 0.5%, personal spending up 0.1%; both stronger than expected.

Date: Fri, 28 Mar 2008 08:33:04 -0400

Personal income for February rises 0.5%, personal spending up 0.1%; both
stronger than expected.

U.S. Warplanes Bomb Militias In Basra

Breaking News
March 28, 2008
U.S. Warplanes Bomb Militias In Basra

U.S. aircraft have bombed sites in the southern Iraqi city of Basra,
targeting Shiite militia members. It is the first time coalition forces
have become directly involved in the new fight raging for control of the
crucial oil-rich city. 
--------------------
U.S.

Man With Grudge Against Hospital Kills 3

A retired teacher bearing a grudge over his mother's treatment at the
hospital where she died fatally shot one of her nurses, another employee
and a man outside before police shot him, authorities said. 
--------------------
World

Angry N. Korea Test Launches Missiles

North Korea has test-fired a barrage of short-range missiles off its
western coast, the latest maneuver by the communist regime which as been
angered by the tough stance of South Korea's new government. 
--------------------
Health

FDA Probing Allergy Drug Suicide Risks

The U.S. Food and Drug Administration said it is reviewing a handful of
reports involving mood changes, suicidal behavior and suicide in
patients who have taken Merck's best-selling Singulair. 
--------------------
SciTech

California Lowers Vehicle Emissions Goals

California air regulators have gutted rules seeking to place tens of
thousands of zero-emission vehicles on the road, instead ordering
automakers to produce a fleet of cleaner-burning hybrids. The decision
is also expected to affect 12 other states. 
--------------------
Business

American, Delta Axe More Flights

American Airlines and Delta cancelled dozens more flights as they
continue their inspections of wiring bundles on some of their planes.
Just the day before, American canceled 325 flights. 
--------------------
Opinion

Great Wall Of Criticism Facing China

Human Rights activists, well aware that China wants to use the Olympics
to showcase the nation's modernization, are pressuring China's
political leadership to bring about change in the government's
attitude on human rights. 

Markets Thursday, 03/27/2008

Thursday, 3/27/2008

| Dow : 12302.46 down 120.40

| S & P : 1325.76 down 15.37

| NASDAQ: 2280.83 down 43.53

| Bond (10Y): 3.53%, 99.69

MARKETS:
Wall Street deflates on banks, tech
Stocks drop at end of jittery session as disappointing news in the
financial and tech sectors offsets upbeat employment report.

Primary dealers borrow $37 billion from Fed

Date: Thu, 27 Mar 2008 21:06:03 (GMT)

Primary dealers borrow $37 billion from Fed

Investment banks and broker dealers borrowed more than $30 billion a day
from the Federal Reserve's discount window this past week, but showed
only tepid interest in a separate 28-day lending facility from the Fed
that got under way on Thursday.

Market Snapshot: U.S. stocks tally second day of losses as technology
weigh

U.S. stocks close sharply lower, with technology shares pressured by
disappointing numbers from Oracle Corp. and Google Inc., while crude-oil
prices stay close to $107 a barrel.

Oracle shares slide on disappointing sales

Shares of Oracle Corp. fall as much as 8% in premarket trading after the
company's quarterly sales disappointed Wall Street.

Judge orders banks to fund $19 billion Clear Channel buyout

The group of banks says it will fight the ruling in favor of
private-equity firms buyint out Clear Channel, as well as continue
seeking to rework the deal.

Dow Industrials close down 120 points as technology woes, crude oil weigh

Date: 27 MAR 2008 20:11:23 GMT

Dow Industrials close down 120 points as technology woes, crude oil
weigh
3/27/2008 4:08:51 PM

U.S. Envoys' Visit Enrages Pakistanis

Breaking News
March 27, 2008

Ultimate Fighting Wins Kid Converts

Ultimate fighting, the mixed martial art sport often derided as "human
cockfighting," is now attracting competitors as young as 6 whose parents
treat the sport as casually as wrestling or soccer. 
--------------------
World

U.S. Envoys' Visit Enrages Pakistanis

Outrage has intensified in Pakistan over the timing of a visit by two
senior American envoys who landed even before foes of U.S.-backed
President Pervez Musharraf could name a new Cabinet. 
--------------------
Politics

Top Clinton Donors Lash Out At Pelosi

Top fundraisers for Hillary Clinton's campaign upbraided House Speaker
Nancy Pelosi for suggesting that Democratic superdelegates should back
the candidate with the most pledged delegates, reports the Washington
Post. 
--------------------
Health

Big Tobacco-Funded Study Raises Concerns

The disclosure of hidden tobacco money behind a big study suggesting
that lung scans might help save smokers from cancer has shocked the
research community and raised fresh concern about industry influence in
important science.

U.S. stocks edge lower on Oracle, Google woes

Date: Thu, 27 Mar 2008 16:01:04 (GMT)

U.S. stocks edge lower on Oracle, Google woes

U.S. stocks edge lower, with technology shares pressured by
disappointing numbers from Oracle Corp. and Google Inc., while crude-oil
prices stay close to $106 a barrel.

Judge orders banks to fund $19 billion Clear Channel buyout

A Texas judge has ordered six investment banks to fund the imperiled $19
billion buyout of Clear Channel Communications by two private-equity
firms.

Oracle shares slide on disappointing sales

Shares of Oracle Corp. fall as much as 8% in premarket trading after the
company's quarterly sales disappointed Wall Street.

General Electric reaches pacts with AmEx, Santander

General Electric reached separate deals with American Express and Banco
Santander, getting $1.1 billion in cash and an Italian banking operation
in return for selling its corporate card business and various European
personal finance units.

Economic Report: GDP unrevised at 0.6%, weakest U.S. growth since 2002

The U.S. economy slowly abruptly in the fourth quarter, growing at a
0.6% annual rate, the slowest pace since late 2002, the Commerce
Department estimates.

U.S. stocks mixed at open as Oracle's sales disappoint tech investors amid tame economic news.

Date: Thu, 27 Mar 2008 09:34:03 -0400

U.S. stocks mixed at open as Oracle's sales disappoint tech investors
amid tame economic news.

Candidates Clash Over Economic Policy

Breaking News
March 27, 2008
Crucial Iraqi Oil Pipeline Blown Up

A bomb blast has destroyed an oil pipeline in the southern Iraqi city of
Basra and rockets keep falling on the U.S.-controlled Green Zone in
Baghdad, as suspected Shiite militiamen continued defying the prime
minister's order to surrender.
--------------------
Politics

Candidates Clash Over Economic Policy

Democrat Barack Obama ridiculed Republican presidential rival John
McCain on Wednesday for what he called a "sit back and watch" approach
to the economic troubles gripping the nation. 
--------------------
Health

Fat Belly Linked To Dementia

Having a big belly in your 40s can boost your risk of getting
Alzheimer's disease or other dementia decades later, a new study
suggests. 
-------------------
Business

Don't Rush To Spend That Rebate Check

Most Americans will soon receive rebate checks from the IRS worth
anywhere between $300 to $1,200 or more, and many businesses have
already launched marketing campaigns hoping to lure those potential
customers. 

Fourth-quarter GDP unchanged at 0.6% annual growth; initial jobless claims declined last week, Dow Jones reports.

Date: Thu, 27 Mar 2008 08:33:05 -0400

Fourth-quarter GDP unchanged at 0.6% annual growth; initial jobless
claims declined last week, Dow Jones reports.

Markets Wednesday, 03/26/2008

Wednesday, 3/26/2008

| Dow : 12422.86 down 109.74

| S & P : 1341.13 down 11.86

| NASDAQ: 2324.36 down 16.69

| Bond (10Y): 3.46%, 100.28

MARKETS:
Down day on Wall Street
Stocks sink on surging oil and gold prices, and weak reports on factory
orders and housing.

Oracle's application license sales disappoint

Date: Wed, 26 Mar 2008 21:06:03 (GMT)

Oracle's application license sales disappoint

Oracle Corp. reports its fiscal third-quarter profit rose compared with
the same period a year earlier, though its overall revenue and sales of
new applications licenses fall shy of Wall Street analysts'
expectations.

U.S. stocks end lower as economic worries mount

U.S. stocks close lower as signs of waning business spending re-ignite
worries about the economy and news that a buyout of Clear Channel
Communications Inc. is in jeopardy weighs on sentiment.

Paulson resists more government action to solve mortgage crisis

WASHINGTON
U.S. Treasury Secretary Henry Paulson continues to argue against more
government intervention in the mortgage crisis, saying a cluster of
ideas currently floating around would "cause more harm than good."

Ford to sell Jaguar Land Rover to India's Tata for $2.3 billion

Ford Motor Co. agreed to sell its Jaguar Land Rover operations to
India's Tata Motors for $2.3 billion and will contribute as much as
$600 million to the unit's pension plan.

Motorola plans to split in two; Icahn said not a factor in move

Motorola Inc. said its board of directors has approved a plan to break
the conglomerate into two independent, publicly traded companies in the
face of growing pressure to shore up its ailing stock price.

Nasdaq, S&P snap winning streak on weak economic data; blue chips down triple digits

Date: 26 MAR 2008 20:05:16 GMT

Nasdaq, S&P snap winning streak on weak economic data; blue chips down
triple digits
3/26/2008 4:03:40 PM

U.S. stocks in broad slide as economic worries mount

Date: Wed, 26 Mar 2008 16:01:03 (GMT)

U.S. stocks in broad slide as economic worries mount

U.S. stocks tumble as an unexpected slide in February factory orders
reignites worries about the economy and news that a buyout of Clear
Channel Communications Inc. might be in jeopardy also weighs on
sentiment.

Economic Report: Demand for durable goods falls 1.7% in Feb.

Demand for machinery and other capital goods sank in February, driving
orders for durable goods down 1.7%, the Commerce Department reports.

Economic Report: New-home sales fall to 13-year low in February

Sales of new homes in the United States fell to a 13-year low in
February, dropping 1.3% to a seasonally adjusted annual rate of 590,000,
the Commerce Department estimates.

Ford to sell Jaguar Land Rover to India's Tata for $2.3 billion

Ford Motor Co. agreed to sell its Jaguar Land Rover operations to
India's Tata Motors for $2.3 billion and will contribute as much as
$600 million to the unit's pension plan.

Motorola plans to split in two; Icahn said not a factor in move

Motorola Inc. said its board of directors has approved a plan to break
the conglomerate into two independent, publicly traded companies in the
face of growing pressure to shore up its ailing stock price.

China allows some reporters into Tibet

Date: Wed, 26 Mar 2008 06:05:36 -0500

NEWS

China allows some reporters into Tibet
---------------------------------------------
China on Wednesday announced the surrender of hundreds of people over
anti-government protests among Tibetans and allowed into the regional
capital Lhasa the first group of foreign journalists to visit since the
violence.

Iraqi PM to gunmen: Give up or face arrest
---------------------------------------------
An aide says Iraq's prime minister has given gunmen in the southern oil
port of Basra a three-day deadline to surrender their weapons and sign a
pledge renouncing violence.

China Angered Over Pentagon Missile Error

Breaking News
March 26, 2008
Dozens Die As U.S., Iraqis Battle Militias

Officials say 55 people have been killed as U.S. and Iraqi troops battle
Shiite militiamen in Baghdad and Basra. Three Americans have been
seriously injured in Baghdad's Green Zone by rocket or mortar fire. 
--------------------
U.S.

2 Workers Killed In Miami Crane Collapse

Two construction workers were killed and five others injured Tuesday
when a crane collapsed at a downtown high-rise condominium site and fell
on top of an unoccupied home that the contractor used as an office. 
--------------------
World

China Angered Over Pentagon Missile Error

China strongly protested the U.S. military's mistaken delivery to Taiwan
of intercontinental ballistic missile electrical fuses, demanding an
investigation and steps to "eliminate the negative effects and
disastrous consequences." 
--------------------
Business

Consumer Confidence At 5-Year Low

Wall Street is mixed on news that the Consumer Confidence Index plunged
in March from February. The reading - a five-year low - was far below
what was expected by analysts. 

U.S. says February orders for durable goods unexpectedly fall, down 1.7%

Date: 26 MAR 2008 12:33:33 GMT

U.S. says February orders for durable goods unexpectedly fall, down
1.7%
3/26/2008 8:31:11 AM

U.S. stocks edge lower at open after a report showing a surprisingly sharp decline in orders for manufactured goods.

Date: Wed, 26 Mar 2008 09:31:03 -0400

U.S. stocks edge lower at open after a report showing a surprisingly
sharp decline in orders for manufactured goods.

New home sales declined to a 13-year low in February, according to a key government report.

Date: Wed, 26 Mar 2008 10:04:03 -0400

New home sales declined to a 13-year low in February, according to a key
government report.

Oil prices surge after a government report shows that crude inventories were weaker than expected last week.

Date: Wed, 26 Mar 2008 10:32:07 -0400

Oil prices surge after a government report shows that crude inventories
were weaker than expected last week.

Markets Tuesday, 03/25/2008

Tuesday, 3/25/2008

| Dow : 12532.60 down 16.04

| S & P : 1352.99 up 3.11

| NASDAQ: 2341.05 up 14.30

| Bond (10Y): 3.50%, 99.94

MARKETS:
Techs gain after tough session
Nasdaq and S&P 500 hold on to slim gains, while the Dow ends lower as
investors try to look beyond weak reports on housing and consumer
confidence.

U.S. stocks end mixed; Nasdaq leads index gains

Date: Tue, 25 Mar 2008 21:06:03 (GMT)

U.S. stocks end mixed; Nasdaq leads index gains

U.S. stocks close mixed, with investors weighing agriculture giant
Monsanto's double-digit gains and improved forecast against downbeat
data on housing and consumer sentiment.

Due Diligence: IBM shares still have upside despite run-up, Wall Street
says

Among big names in the tech sector, Dell shares are down, along with
Microsoft's, H-P's and Apple's. Then there is IBM.

Emerging Markets Report: Pakistan's political stability critical for the
local market

NEW YORK
The swearing in of Pakistan's new prime minister is a step toward
restoring political stability in this year's best performing emerging
market, but the outlook for Pakistan is a mix of untapped economic
potential and significant political risks, analysts said.

Monsanto ups profit view on corn, herbicide strength

Monsanto rings up double-digit gains after the agriculture giant boosted
its profit forecast on its core corn seed and herbicide business.

Election Notebook: McCain calls on lenders to help in mortgage crisis

Sens. Hillary Clinton and John McCain get down to business on opposite
sides of the country, talking to voters about economic issues on their
latest stops along the campaign trail.

U.S. stocks end mixed; Nasdaq leads index gains

Date: Tue, 25 Mar 2008 21:06:03 (GMT)

U.S. stocks end mixed; Nasdaq leads index gains

U.S. stocks close mixed, with investors weighing agriculture giant
Monsanto's double-digit gains and improved forecast against downbeat
data on housing and consumer sentiment.

Due Diligence: IBM shares still have upside despite run-up, Wall Street
says

Among big names in the tech sector, Dell shares are down, along with
Microsoft's, H-P's and Apple's. Then there is IBM.

Emerging Markets Report: Pakistan's political stability critical for the
local market

NEW YORK
The swearing in of Pakistan's new prime minister is a step toward
restoring political stability in this year's best performing emerging
market, but the outlook for Pakistan is a mix of untapped economic
potential and significant political risks, analysts said.

Monsanto ups profit view on corn, herbicide strength

Monsanto rings up double-digit gains after the agriculture giant boosted
its profit forecast on its core corn seed and herbicide business.

Election Notebook: McCain calls on lenders to help in mortgage crisis

Sens. Hillary Clinton and John McCain get down to business on opposite
sides of the country, talking to voters about economic issues on their
latest stops along the campaign trail.

Treasury Secretary Paulson says Social Security is 'financially unsustainable' and will run dry in 2041 without quick action.

Date: Tue, 25 Mar 2008 14:09:03 -0400

Treasury Secretary Paulson says Social Security is 'financially
unsustainable' and will run dry in 2041 without quick action.

U.S. stocks add to losses as consumer confidence falls

Date: Tue, 25 Mar 2008 16:01:03 (GMT)

U.S. stocks add to losses as consumer confidence falls

U.S. stocks pull back, solidifying early losses after data showing
consumer expectations at a 35-year low and home values falling further.

Economic Report: March consumer confidence down, outlook grim

U.S. consumer confidence falls hard in March, while expectations hit a
35-year low on pessimistic views of the business climate, job market and
personal income.

Economic Report: Home prices plunge a record 10.7% in past year

Home prices in 20 major U.S. metro areas plunge a record 10.7% in the
past year as prices continue to decelerate, Standard & Poor's says.

Monsanto ups profit view on corn, herbicide strength

Monsanto rings up double-digit gains after the agriculture giant boosted
its profit forecast on its core corn seed and herbicide business.

Valero warns on profit over costs for raw materials, refineries

NEW YORK
Valero Energy Corp.'s warning of sharply lower refining margins brought
the company's own outlook below Wall Street's own diminished
expectations for the struggling refiner, whose profits are under severe
pressure from soaring crude-oil prices and a spate of costly refinery
outages.

Oops! Pentagon Admits Missile Mix-up

Date: Tue, 25 Mar 2008 11:30:01 -0400

Oops! Pentagon Admits Missile Mix-up

The Defense Department announced on Tuesday that it mistakenly shipped
non-nuclear components for an intercontinental ballistic missile to
Taiwan from a U.S. Air Force base in the state of Wyoming. 
--------------------
U.S.

McCain Talks About Housing Crisis

John McCain wants to leave the door open to a wide array of proposals to
address the turmoil in home financing. 
--------------------
World

Deadly Clashes Break Out In Basra

Iraqi forces are clashing with Shiite militias in the southern oil port
of Basra as a massive security plan to clamp down on violence between
rival militia factions in the region gets underway. 
--------------------
Politics

A Fair Fight In Indiana

Wedged between Illinois, which is Barack Obama's home state, and Ohio,
which Hillary Clinton dominated, Indiana may be the one state remaining
where both candidates begin with a roughly equal chance of coming out
ahead, the Washington Post reports. 
--------------------
Health

Arizona TB Patient Faces Felony Charges

Arizona prosecutors said there was no evidence hat Robert Daniels had
exposed anyone to his multiple drug-resistant TB before he was
quarantined in 2006, but they still charged him with two counts of
unlawful introduction of disease or parasite.
--------------------
Business

Home Prices Take Steep Drop In January

A widely watched index of U.S. home prices fell 11.4 percent in January,
its steepest drop since data for the indicator was first collected in
1987. 

U.S. consumer-confidence data show expectations measure at 35-year low

Date: 25 MAR 2008 14:05:53 GMT

U.S. consumer-confidence data show expectations measure at 35-year low
3/25/2008 10:03:13 AM

Report: Insurgents benefit from drone shortage

Date: Tue, 25 Mar 2008 05:31:35 -0500

NEWS

Report: Insurgents benefit from drone shortage
---------------------------------------------
Insurgents have freely planted and detonated roadside bombs that cause
most U.S. casualties in Iraq, exploiting the Pentagon's inability to
meet the soaring demand for surveillance from unmanned aircraft,
military records and interviews show.

Bhutto ally elected PM, releases detained judges
---------------------------------------------
The deposed chief justice emerged from house arrest Monday after
Pakistan's new prime minister ordered police to pull back razor-wire
barricades and release judges ousted last year by President Pervez
Musharraf.

Boomers' hope: That the 'kids' are all right
---------------------------------------------
A growing number of baby boomer parents are freaking out inside. Their
offspring post-college degreed and in their mid- to late 20s still
haven't a clue about what to do with their lives.

MONEY

Global markets jump on U.S. housing, Bear Stearns news
---------------------------------------------
Most Asian markets rose Tuesday as investors returned from the Easter
holiday in a mood to buy, encouraged by upbeat U.S. housing numbers and
an overnight rally on Wall Street.

Some pet foods still not on shelves
---------------------------------------------
More than a year after the biggest pet-food recall began, sales of wet
pet food continue to struggle, and many products still are missing from
store shelves.

Close to Home: Boulder, Colo., stays healthy
---------------------------------------------
Despite the chill in home sales across the nation, Boulder, Colo.'s
mortgage market remains warm and healthy.

TRAVEL
China temporarily bans tour groups from Tibet
---------------------------------------------
China has imposed a temporary ban on tour groups to Tibet and has not
said when they would again be permitted.

Home prices in 20 key markets declined 10.7% in January over last year, indicating no real estate turnaround in sight.

Date: Tue, 25 Mar 2008 09:02:08 -0400

Home prices in 20 key markets declined 10.7% in January over last year,
indicating no real estate turnaround in sight.

Markets Monday, 03/24/2008

Monday, 3/24/2008

| Dow : 12548.64 up 187.32

| S & P : 1349.88 up 20.37

| NASDAQ: 2326.75 up 68.64

| Bond (10Y): 3.55%, 99.53

MARKETS:
Stocks make it 2 for 2
JP Morgan's improved offer for Bear Stearns lifts financial stocks and
the broader market, with Wall Street advancing for second session in a
row.

U.S. stocks extend rally on hopes for better times ahead

Date: Mon, 24 Mar 2008 21:06:03 (GMT)

U.S. stocks extend rally on hopes for better times ahead

U.S. stocks extend last week's solid gains, rallying as J.P. Morgan
agreed to increase its acquisition bid for Bear Stearns and as economic
data pointed to signs of stability in the troubled housing sector.

Bear Stearns shares double; J.P. Morgan Chase sweetens bid

Shares of Bear Stearns finish nearly 90% higher after J.P. Morgan raises
its buyout price for the firm to $10 a share from $2 a share.

Economic Report: Home resales rise in February on record price decline

Boosted by a record decline in prices, the U.S. housing market shows
signs of stability in February, with sales of existing home rising
modestly for the first time in seven months.

Commodities rebound, but more volatility is ahead

Commodity prices rebound following their plunge last week, but analysts
see more volatility in the short term and some are questioning the
fundamentals of the commodity bull market.

Bulletin: U.S. stocks surge on economic data, Bear Stearns bid; Nasdaq up 3%

Date: 24 MAR 2008 20:05:21 GMT

U.S. stocks surge on economic data, Bear Stearns bid; Nasdaq up 3%
3/24/2008 4:03:22 PM

U.S. stock indexes higher on housing, Bear news

Date: Mon, 24 Mar 2008 16:01:03 (GMT)

U.S. stock indexes higher on housing, Bear news

U.S. stocks sharply higher after word that J.P. Morgan is in discussions
to increase by five fold its acquisition bid for Bear Stearns.

Bear Stearns shares double as J.P. Morgan sweetens bid

Shares of Bear Stearns rise more than 50% in pre-market moves after news
J.P. Morgan may raise its buyout price for the firm to $10 a share from
$2 a share.

Tiffany shares jump as outlook lifted

Tiffany stock moves higher after the luxury-goods retailer raises its
profit forecast for the current fiscal year.

Economic Report: Home resales rise in February on record price decline

Boosted by a record decline in prices, the U.S. housing market showed
signs of stability in February, with sales of existing home rising
modestly for the first time in seven months.

Icahn sues Motorola over records of CEO selection and use of jet

Carl Icahn renewed his fight against Motorola Inc., filing a lawsuit
seeking records relating to the strategy of its troubled mobile device
business and other matters, including use of the company jet by top
executives.

JPMorgan Chase to buy 39.5% of Bear Stearns Cos. for a raised offer price of $10 a share.

Date: Mon, 24 Mar 2008 09:53:05 -0400

JPMorgan Chase to buy 39.5% of Bear Stearns Cos. for a raised offer
price of $10 a share.

U.S. existing home sales rose 2.9% in February on a record year-over-year price drop.

Date: Mon, 24 Mar 2008 10:11:02 -0400

U.S. existing home sales rose 2.9% in February on a record
year-over-year price drop.

U.S. stocks edge up at open as investors await talk of JPMorgan potentially upping its bid for Bear Stearns.

Date: Mon, 24 Mar 2008 09:31:02 -0400

U.S. stocks edge up at open as investors await talk of JPMorgan
potentially upping its bid for Bear Stearns.