Friday, November 21, 2008

Tech : Late rally gives strong boost to tech sector

Date: Fri, 21 Nov 2008 18:00:12 -0500
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Tech Stocks: Late rally gives strong boost to tech sector

11/21/2008 4:45 PM ET

Technology stocks jump in the final hour of trading, following a broad
market upswing that is sparked by reports that New York Federal
Reserve President Timothy Geithner has been tapped serve as Treasury
secretary by President-elect Barack Obama.

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The Stockpickers: Loomis Sayles fund manager favors H-P, Travelers, Pulte Homes
11/21/2008 6:29 PM ET

The bear market has been a steel trap for investors, but mutual-fund
managers such as Warren Koontz are beating the
bushes for long-term values once the economy recovers.

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Dell disappoints after reporting drops in earnings and sales
11/21/2008 5:02 PM ET

Dell shares put in a disappointing performance, falling more than 5% a
day after the company reported a decline in its third-quarter sales
that took attention away from any enthusiasm for its
better-than-expected earnings results.

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TiVo shares drop on EchoStar ruling
11/21/2008 4:42 PM ET

Shares of digital-video-recorder company TiVo Inc. fall as much as 20%
Friday on news that satellite provider EchoStar can continue to offer
its own DVRs to subscribers until at least February 2009.

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Cold reality freezes solar-energy sector as Suntech warns
11/21/2008 4:33 PM ET

The cold reality of plunging energy prices and the credit crisis cast
a pall over recently hot shares of solar-panel makers, as a leading
Chinese manufacturer slashes its revenue outlook to close out a dismal
week in the sector.

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Despite earnings report, Salesforce.com shares slip
11/21/2008 4:21 PM ET

Even with the broad uptick for technology stocks, shares of
Salesforce.com fall a day after the company delivered third-quarter
earnings that generally topped expectations.

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Long lines greet the debut of RIM's BlackBerry Storm
11/21/2008 4:12 PM ET

As Research In Motion launches its first touch-screen BlackBerry
device in the U.S. market, questions remain to be answered about how
the device will fare against its chief rival -- the iPhone.

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Telecom Stocks: Sprint, Verizon gain; AT&T lower
11/21/2008 12:01 PM ET

Sprint Nextel Corp and Verizon Communications Inc.
led telecommunications stocks in Friday trades after several days of
sharp losses. Stocks were split between advancers and decliners, with
early gains mostly evaporated.

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Autodesk shares tumble on disappointing forecast
11/21/2008 10:27 AM ET

Shares of Autodesk Inc. slid Friday after the design software maker
posted a third-quarter profit gain, but delivered a
worse-than-expected outlook.

Community Bank of Loganville, Ga., is 20th bank to fail this year

Date: Fri, 21 Nov 2008 18:13:35 -0500

Community Bank of Loganville, Ga., is 20th bank to fail this year
11/21/2008 6:10:57 PM EDT

Markets Friday, 11/21/2008

Date: Fri, 21 Nov 2008 17:31:05 -0500

| Dow : 8046.42 up 494.13 | S & P : 800.03 up 47.59 |
|NASDAQ: 1384.35 up 68.23 | Bond (10Y): 3.19%, 104.69


MARKETS:
Stocks surge on Treasury chief talk
Wall Streeters hail reports that Obama has chosen New York Fed
president Geithner for key economic job.

Stocks surge higher on word Geithner will head Treasury

Date: Fri, 21 Nov 2008 17:01:37 -0500

U.S. stocks rally on report President-elect Barack Obama would
nominate Timothy Geithner to be the nation's Treasury secretary.

GEITHNER, CLINTON, RICHARDSON TAPPED FOR KEY OBAMA POSTS

Reaching out to veteran policy-makers in a troubled economic climate,
President-elect Barack Obama reportedly fills three critical posts for
his administration.

DEBATE OVER 'MARK-TO-MARKET' ACCOUNTING RAGES ON

The debate at the Securities and Exchange Commission over whether the
agency should maintain or change controversial "mark-to-market"
accounting regulations rages on.

FUTURES MOVERS: OIL ENDS SLIGHTLY HIGHER, BUT DROPS 13% ON THE WEEK

Oil futures end slightly higher Friday but post a weekly loss of 13%,
as analysts express doubt about whether oil prices can stage a
significant rebound in the face of slumping energy demand.

WAL-MART MAKES SURPRISE CEO APPOINTMENT

In a surprise move, No. 1 retailer Wal-Mart Stores names its top
international executive, Mike Duke, to succeed Lee Scott as president
and chief executive officer.

Breaking news: Stocks surge; Dow up almost 500 points

Date: Fri, 21 Nov 2008 15:17:52 -0600

NEW YORK (AP) - Stocks surged late Friday on news that President-elect
Barack Obama is likely to name New York Federal Reserve President
Timothy Geithner as Treasury secretary. The Dow Jones industrial
average jumped 494.37 points, or 6.55%, at 8,046.66. The Standard &
Poor's 500 Index shot up 47.57 points, or 6.32%, at 800.01. The Nasdaq
Composite Index gained 68.23 points, or 5.18%, at 1,384.35.

Wall Street ends dismal week with rally on reports that NY Fed chief Geithner is on tap for Treasury Secretary. Dow back above 8,000.

Date: Fri, 21 Nov 2008 16:02:08 -0500

Wall Street ends dismal week with rally on reports that NY Fed chief
Geithner is on tap for Treasury Secretary. Dow back above 8,000.

Dow jumps 350 points on reports that NY Fed President Timothy Geithner is on tap for Treasury Secretary post.

Date: Fri, 21 Nov 2008 15:35:06 -0500

Dow jumps 350 points on reports that NY Fed President Timothy Geithner
is on tap for Treasury Secretary post.

Breaking News Fri., November 21, 2008

Date: Fri, 21 Nov 2008 09:36:06 -0800 (PST)

General Motors to Give Up Two Corporate Jets After Execs Were Blasted
on Capitol Hill [12:28 p.m. ET]

U.S. stocks struggle to retain gains as financials hit again

Date: Fri, 21 Nov 2008 12:01:22 -0500
U.S. stocks struggle to retain gains as financials hit again

U.S. stocks on Friday returned to modest gains after a brief dip into
the red, with Citigroup's pummeled shares again bruising the financial
sector. CITI SKIDS; BOARD REPORTEDLY MULLS SALE OF ALL OR PART OF
COMPANY As its board of directors reportedly meet to consider a sale
of all or part of the company, shares of Citigroup continue to fall
prey to heavy selling.

FUTURES MOVERS: OIL FUTURES FALL IN VOLATILE TRADE ON DEMAND WORRIES

Oil futures fall in volatile trading, as U.S. stocks turn lower and
analysts express doubt whether oil prices can stage a significant
rebound in the face of
slumping energy demand.

WAL-MART MAKES SURPRISE CEO APPOINTMENT

In a surprise move, No. 1 retailer Wal-Mart Stores names its top
international executive, Mike Duke, to succeed Lee Scott as president
and chief executive officer.

AID FOR BIG THREE FALTERS IN CONGRESS

Democratic leaders of Congress say there's no deal yet on aid for the
Big Three U.S. automakers until the chief executives show them
concrete plans on how they would use the federal funds to turn their
companiese around.

Stocks surge at the open as Wall Street welcomes news that struggling bank Citigroup may be on the auction block.

Date: Fri, 21 Nov 2008 09:32:05 -0500

Stocks surge at the open as Wall Street welcomes news that struggling
bank Citigroup may be on the auction block.

National average price for unleaded gas falls below $2 a gallon, says AAA, down more than 50% from this summer's record.

Date: Fri, 21 Nov 2008 04:44:03 -0500

National average price for unleaded gas falls below $2 a gallon, says
AAA, down more than 50% from this summer's record.

Thursday, November 20, 2008

Citigroup may auction parts of firm or sell company outright -- Wall Street Journal

Date: Thu, 20 Nov 2008 20:28:31 -0500

Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT

Citigroup may auction parts of firm or sell company outright -- Wall Street Journal

Date: Thu, 20 Nov 2008 20:28:31 -0500

Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT

Markets Thursday, 11/20/2008

Date: Thu, 20 Nov 2008 17:31:03 -0500

| Dow : 7552.29 down 444.99 | S & P : 752.44 down 54.14
| NASDAQ: 1316.12 down 70.30 | Bond (10Y): 3.01%, 106.28

MARKETS:
S&P 500 sinks 6.7% to '97 low
Broad measure of the market closes at the lowest point in 11-1/2 years
in another brutal day on Wall Street.

Dell earnings fall 5% as economy weighs on sales

Date: Thu, Nov 20, 2008 at 2:01 PM

Dell earnings fall 5% as economy weighs on sales

Dell Inc. reports a 5% drop in its fiscal third-quarter earnings as the
computer giant's sales also decline due to what company officials call "a
challenging demand environment," particularly during the month of October.

AID FOR BIG THREE FALTERS IN CONGRESS

Democratic leaders of Congress say there's no deal yet on aid for the Big Three
U.S. automakers until the chief executives show them concrete plans on how they
would use the federal funds to turn their companiese around.

PAULSON DEFENDS HIS STEWARDSHIP OF BAILOUT

Treasury Secretary Henry Paulson on Thursday
offered a lengthy defense of Treasury's actions to date to combat the financial
market crisis and laid out the challenges that his successor will face.

FUTURES MOVERS: CRUDE ENDS AT LOWEST LEVEL SINCE MAY 2005

Crude-oil futures fall for a fifth session, slumping 7.5% to close at the
lowest level in more than three years, as global stocks tumble and economic
worries deepen.

SPECIAL REPORT: THE FUTURE OF FINANCIALS: LOWER PROFITS, INCREASED RULES

When the incoming administration of President-elect Barack Obama looks at the
financial services industry, there will be one thought above all others: to
make sure the sector survives.

Freddie, Fannie halt foreclosure sales, evictions of occupied homes Nov. 26 to Jan. 9

Date: Thu, 20 Nov 2008 16:38:00 -0500

Freddie, Fannie halt foreclosure sales, evictions of occupied homes
Nov. 26 to Jan. 9
4:35:50 PM EDT

No deal yet on bailout for U.S. automakers, Sen. Harry Reid says

Date: Thu, 20 Nov 2008 14:25:35 -0500

No deal yet on bailout for U.S. automakers, Sen. Harry Reid says
11/20/2008 2:23:47 PM EDT

Dow drops 400 points to fall below 7,600 for first time since March 2003.

Date: Thu, 20 Nov 2008 15:45:20 -0500

Dow drops 400 points to fall below 7,600 for first time since March 2003.

Senators reach tentative auto-loan compromise: reports

Date: Thu, 20 Nov 2008 12:41:43 -0500

Senators reach tentative auto-loan compromise: reports
11/20/2008 12:39:49 PM EDT

Stocks recover after testing lows

Date: Thu, 20 Nov 2008 12:01:12 -0500

Stocks recover after testing lows

U.S. stocks open sharply lower and then recover, with concerns about
the economy and the ailing financial and auto sectors leading the
market to fresh five-year lows.

FUTURES MOVERS: CORRECT: OIL DIVES BELOW $50 A BARREL AS STOCKS TUMBLE

Crude-oil futures fall for a fifth session, briefly slumping below $50
a barrel for the first time in nearly two years, as global stocks
tumble and economic worries deepen.

JOBLESS CLAIMS JUMP TO 16-YEAR HIGH OF 542,000

First-time filings for unemployment benefits hits the highest level
since July 1992, punctuating the struggling state of the U.S. labor
market, government data show.

THE FED: FOMC SEES YEARLONG RECESSION, MINUTES SHOW

Federal Reserve policymakers now expect the U.S. economy to contract
for as much as a year, with the risk that the slowdown could persist
for even longer, according to edited minutes of a closed-door meeting
of the Federal Open Market Committee.

METALS STOCKS: GOLD RISES ON SAFE-HAVEN BUYING AS CRUDE, STOCKS SLUMP

Gold futures rise on increased safe-haven buying as gloomy economic
news pushes stocks and crude-oil prices sharply lower.

Dow industrials down 200 points

Date: Thu, 20 Nov 2008 10:12:43 -0500

Dow industrials down 200 points
10:10:44 AM EDT

Stocks drop as Wall Street reacts to a huge jump in 1st time jobless claims and prince Alwaleed's decision to boost Citi stake to 5%.

Date: Thu, 20 Nov 2008 09:34:03 -0500

Stocks drop as Wall Street reacts to a huge jump in 1st time jobless
claims and prince Alwaleed's decision to boost Citi stake to 5%.

Oil dips below $50 a barrel as global economic recession weakens demand.

Date: Thu, 20 Nov 2008 09:04:03 -0500

Oil dips below $50 a barrel as global economic recession weakens demand.

U.S. reports number of people making first-time unemployment claims rose to 542,000 last week - highest level in 16 years.

Date: Thu, 20 Nov 2008 08:35:06 -0500

U.S. reports number of people making first-time unemployment claims
rose to 542,000 last week - highest level in 16 years.

Last week's continuing jobless claims hit 4 million, U.S. data show; initial claims rise

Date: Thu, 20 Nov 2008 08:33:38 -0500

Last week's continuing jobless claims hit 4 million, U.S. data show;
initial claims rise
8:31:47 AM EDT

Wednesday, November 19, 2008

Tech : Yahoo losses highlight another disappointing day

Date: Wed, 19 Nov 2008 18:00:09 -0500

Tech Stocks: Yahoo losses highlight another disappointing day
11/19/2008 4:34 PM ET

Technology stocks fall, as Yahoo hits a new six-year low after
Microsoft says it is not interested in buying the company. The latest
poor outlook for the
semiconductor industry also puts the pressure on chip shares.

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Chip stocks slump as SIA sees sales drop in 2009
11/19/2008 4:53 PM ET

The outlook for semiconductors is so negative that an industry group
says global chip sales could decline in 2009 -- something not seen in
eight years.
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Microsoft says it's not interested in buying Yahoo

11/19/2008 4:46 PM ET
CEO Steve Ballmer tells investors at its annual meeting that Microsoft
is no longer interested in acquiring Yahoo.

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Intuit posts widened loss, cuts 2009 outlook
11/19/2008 4:43 PM ET

Tax preparation software maker Intuit Inc. says its fiscal
first-quarter net loss widened compared to the period a year earlier,
and the company cuts its sales and profit outlook for fiscal 2009.

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Symantec, McAfee slide as Microsoft eyes free rival software
11/19/2008 4:23 PM ET

Investors push down shares of the leading vendors of corporate
software security technology after Microsoft unveils plans to
introduce a rival product free of charge in 2009.

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Telecom Stocks: Telecoms tumble as U.S. market falls
11/19/2008 3:38 PM ET

Telecommunications stocks bathed in red Tuesday as
the overall U.S. market fell sharply on more evidence of recession
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China Mobile in 3G talks with Motorola, Sony-Ericsson
11/19/2008 9:14 AM ET

China Mobile, the world's largest mobile provider, is reportedly now
in talks with Motorola and Sony-Ericsson for the production of
handsets that can used onChina's homegrown third-generation wireless
standard.
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Japan mobile market may expand by 25%, EMobile chairman says
11/19/2008 7:12 AM ET

Japan's mobile-services market could expand by more than a quarter as
more current subscribers are looking to acquire a second wireless
phone, the chairman of the country's smallest provider, EMobile, said.

Markets Wednesday, 11/19/2008

Date: Wed, 19 Nov 2008 17:31:06 -0500

| Dow : 7997.28 down 427.47 | S & P : 806.58 down 52.54
| NASDAQ: 1386.42 down 96.85 | Bond (10Y): 3.33%, 103.50

MARKETS:
Dow plunges below 8,000 - 1st time since '03
Major indexes close sharply lower. Fears grow about economy and auto industry.

Citi shares in record slump, credit-default swap spreads widen

Date: Wed, Nov 19, 2008 at 5:01 PM EDT

Citi shares in record slump, credit-default swap spreads widen

Citigroup's credit-default swap spreads widen and its shares fall after the
bank takes on more than $17 billion in assets from structured investment
vehicles and shuts another hedge fund.

THE FED: FOMC SEES YEARLONG RECESSION, MINUTES SHOW

Federal Reserve policymakers now expect the U.S. economy to contract for as
much as a year, with the risk that the slowdown could persist for even longer,
according to edited minutes of a closed-door meeting of the Federal Open Market
Committee.

COMMERCIAL MORTGAGE SECURITIES LATEST TO SHOW DISTRESS

Risk premiums on commercial mortgage-backed securities have spiked in the past
week, making this corner of the debt market the latest to show signs of
mounting distress.

Breaking News

Date: Wed, 19 Nov 2008 13:17:42 -0800 (PST)

At the final bell, the Dow drops below 8,000 for the first time since
2003 amid worries over the auto industry's future.

At the closing bell, Dow drops below 8,000 for the first time since March 2003. S&P 500, Nasdaq each plunge 6%.

Date: Wed, 19 Nov 2008 16:02:08 -0500

At the closing bell, Dow drops below 8,000 for the first time since
March 2003. S&P 500, Nasdaq each plunge 6%.

Dow industrials down 400 points; declines in Nasdaq, S&P approach 6%

Date: Wed, 19 Nov 2008 15:50:30 -0500

Dow industrials down 400 points; declines in Nasdaq, S&P approach 6%
11/19/2008 3:48:46 PM EDT

U.S. stocks slide amid downbeat economic data

Date: Wed, 19 Nov 2008 12:01:10 -050
U.S. stocks slide amid downbeat economic data

U.S. stocks fall after the biggest-ever drop in consumer prices and
another gloomy housing report offers little cheer to investors already
fretting about the fate of the Big Three automakers.

ECONOMIC REPORT: U.S. CONSUMER PRICES FALL BY THE MOST SINCE AT LEAST 1947

U.S. consumer prices plunged by the steepest amount since records were
tabulated in 1947, the Labor Department reported Wednesday.
ECONOMIC REPORT: HOUSING STARTS FALL TO RECORD-LOW LEVEL IN OCTOBER

U.S. home builders reduced their starts of new homes by 4.5% in October,

driving new construction to the lowest level since just after World
War II, the Commerce Department estimates.

BOEING JET DELIVERIES PUSHED OUT 10 WEEKS DUE TO STRIKE: REPORT

Boeing Co. has decided against ramping up its commercial aircraft
production schedule to make up for time lost when its machinists were
on an eight-week strike this fall, according to Wednesday's Wall
Street Journal, which cited people familiar with the situation.

U.S. consumer prices drop 1% in October; core retail-inflation rate also eases

Date: Wed, 19 Nov 2008 08:33:56 -0500

U.S. consumer prices drop 1% in October; core retail-inflation rate also eases
8:31:59 AM EDT

Stocks are mixed in the first moments of trade as Wall Street digests more disappointing economic news.

Date: Wed, 19 Nov 2008 09:32:09 -0500

Stocks are mixed in the first moments of trade as Wall Street digests
more disappointing economic news.

In two signs of continuing economic contraction, the U.S. says inflation and housing starts plunged by record amounts.

Date: Wed, 19 Nov 2008

In two signs of continuing economic contraction, the U.S. says
inflation and housing starts plunged by record amounts.

Tuesday, November 18, 2008

Breaking News

Date: Tue, 18 Nov 2008 18:25:52 -0800 (PST)

Alaska Sen. Ted Stevens defeated for re-election by Democrat Mark
Begich, according to release from Begich's campaign.

Tech Daily: Hewlett-Packard, Yahoo gains lead tech sector rise

Date: Tue, 18 Nov 2008 18:00:24 -0500
Tech Stocks: Hewlett-Packard, Yahoo gains lead tech sector rise

Most technology stocks finish with gains as upbeat earnings from
Hewlett-Packard Co. and a chief executive change at Yahoo Inc.
highlight trading.
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Yahoo shares jump as Yang steps down from CEO spot
11/18/2008 5:06 PM ET
Shares of Yahoo jump on the news that co-founder Jerry Yang will step
down as chief executive once the struggling Web portal finds a
replacement.

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Strong results, outlook send H-P shares up 14.5%
11/18/2008 4:27 PM ET

Shares climb 14.5% after the world's largest computer maker says its
preliminary quarterly earnings would come in ahead of Wall Street's
expectations due to its international customer base and broad lineup
of technology products.

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Mark Cuban counters SEC charges on his Web site
11/18/2008 4:16 PM ET

The Internet entrepreneur and investor publicly counters
insider-trading charges leveled against him by the Securities and
Exchange Commission, refuting the allegation that he sold stock based
on information he'd previously agreed to treat as confidential.

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Yahoo seeks a clean break and a new CEO
11/18/2008 4:09 PM ET

Yahoo is coming out from the Jerry Yang era with a share price unseen
since the aftermath of the bursting of the Internet bubble, and with
rival Google in firmer command of the market for online search.

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Telecom Stocks: Qualcomm declines; Alcatel-Lucent up
11/18/2008 2:12 PM ET

Qualcomm Inc. and Qwest Communications International
Inc. topped the list of decliners as most telecommunications retreated
in Tuesday trading. Alcatel-Lucent was one of the few advancers.

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ON, Microchip drop joint bid for Atmel
11/18/2008 10:52 AM ET

ON Semiconductor Corp. withdraws from its joint offer with Microchip
Technology to buy rival Atmel Corp., citing deterioration in the
semiconductor market as well as the ongoing global financial turmoil.

Markets Tuesday, 11/18/2008

Date: Tue, 18 Nov 2008 17:31:04 -0500

|---------------------------------------------------------------------------|
| Dow : 8424.75 up 151.17 | S & P : 859.12 up 8.37 |
| NASDAQ: 1483.27 up 1.22 | Bond (10Y): 3.53%, 101.78 |
MARKETS:
Stocks fight back
Wall Street ends a volatile session with gains. HP's forecast and
Congressional hearings are in focus.

U.S. stocks fall, on track to close at five-year lows

Date: Tue, Nov 18, 2008 at 2:01 PM

U.S. stocks fall, on track to close at five-year lows

U.S. stocks slide into the red after a gauge of the home-building industry hits a new low.

ECONOMIC REPORT: HOME BUILDERS' MOOD SHOWS MORE ANGUISH THAN EVER

U.S. home builders have never been as anguished about their industry as they were in early November, with their monthly market index gauge plunging five points to a record low 9, the National Association of Home Builders reports.

BIG 3 AUTOMAKERS PLEAD BAILOUT CASE ON CAPITOL HILL

The chief executives of the Big 3 automakers press their case for a $25 billion bailout for their struggling industry, telling lawmakers that spending the money to help them would be cheaper than taking no action.

CORRECT: PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over the priorities of the government's financial market rescue package spills out into public.

STRONG RESULTS, OUTLOOK SEND H-P SHARES UP 14.5%

Shares climb 14.5% after the world's largest computer maker says its preliminary quarterly earnings would come in ahead of Wall Street's expectations due to its international customer base and broad lineup of technology products.

Wall Street ends choppy session with Dow and S&P 500 rebounding. Nasdaq edges lower as investors weigh uncertain economic future.

Date: Tue, Nov 18, 2008 at 1:02 PM

Wall Street ends choppy session with Dow and S&P 500 rebounding. Nasdaq edges lower as investors weigh uncertain economic future.

Energy: Supertanker's hijacking highlights piracy threat in Somalia

Date: Tue, Nov 18, 2008 at 10:51 AM

The brazen hijacking of a Saudi supertanker off the coast of Somalia could result in the disruption of international trade routes, but authorities have few options at their disposal to deal with a rising tide of piracy in the region, experts say.

U.S. stocks advance, bolstered by HP's outlook

Date: Tue, 18 Nov 2008 12:01:25 -0500
U.S. stocks advance, bolstered by HP's outlook

U.S. stocks move higher as investors key on technology titan
Hewlett-Packard's surprisingly rosy profit picture as well as renewed
speculation about Internet bellwether Yahoo's fate.

PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over
the priorities of the government's financial market rescue package
spills out into
public.

H-P SHARES SURGE ON STRONG RESULTS, OUTLOOK

Shares of Hewlett-Packard rally after the tech giant says it would
beat Wall Street's targets for its fiscal fourth quarter and for 2009,
marking a rare move among big-cap names in the current economic
environment.

HOME DEPOT PROFIT DROPS LESS-THAN-FORECAST 31%

Home Depot reports a 31% drop in its fiscal third-quarter profit as
consumers curtail big-ticket and other discretionary spending, leading
the world's top home-improvement retailer to lower its sales
projection for the year but keep its profit outlook.

EX-AMERICAN AIRLINES CHIEF SAYS DOWNTURN CAN SAVE CARRIERS

A severe downturn could be just the opportunity the airline sector
needs to clean up its act once and for all, said Robert Crandall, the
former chief executive of AMR Corp.'s American Airlines and a veteran
of the industry, on Tuesday.

Home Depot reported 3Q sales of $17.8 billion - beating economists' expectations - but predicts sales will be down 8% for year.

Date: Tue, 18 Nov 2008 06:10:07 -0500

Home Depot reported 3Q sales of $17.8 billion - beating economists'
expectations - but predicts sales will be down 8% for year.

Motorist association AAA says Thanksgiving weekend travel will decline for 1st time in 6 years.

Date: Tue, 18 Nov 2008 10:31:03 -0500

Motorist association AAA says Thanksgiving weekend travel will decline
for 1st time in 6 years.

Hewlett-Packard shares gain as blue chip posts higher quarterly profit, revenue

Date: Tue, 18 Nov 2008 08:10:04 -0500

Hewlett-Packard shares gain as blue chip posts higher quarterly profit, revenue
8:08:15 AM EDT

Foreclosures knock home prices lower, falling 9% in third quarter from same period last year, Realtors group reports.

Date: Tue, 18 Nov 2008 10:02:06 -0500

Foreclosures knock home prices lower, falling 9% in third quarter from
same period last year, Realtors group reports.

Stocks get off to a rocky start as Wall Street reacts to more bleak economic news.

Date: Tue, 18 Nov 2008 09:32:05 -0500

Stocks get off to a rocky start as Wall Street reacts to more bleak
economic news.

Monday, November 17, 2008

Yahoo says Yang stepping down as CEO, will remain on board

Date: Mon, 17 Nov 2008 20:10:28 -0500
Yahoo says Yang stepping down as CEO, will remain on board
8:08:31 PM EDT

Tech Daily: Dell downgrade highlights weak trading session


Date: Mon, Nov 17, 2008 at 3:00 PM

Technology stocks put in a largely downbeat day as investors take in new
analyst downgrades on PC giant Dell Inc. and hard disk-drive maker Western
Digital Corp. amid uncertain prospects for the computer market next year.

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Tech Stocks: Sun Micro layoffs lead to broad tech losses

5:01 PM ET
Technology stocks sink as the broader market sells off and Sun Microsystems
announces plans to lay off as many as 6,000 workers.



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Symantec CEO John Thompson to retire
5:07 PM ET
Symantec Corp. Chief Executive John Thompson, who has led the security software
maker through a trying period of expansion, will retire by the end of the
company's fiscal year, the company says.

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Dell gets downgraded ahead of earnings report
 5:01 PM ET
Analysts continue to show little enthusiasm for the personal-computer giant due
to fears over a weak outlook for the PC market and the company's ability to
gain market share next year.

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Telecom Stocks: Nokia, Nortel gain; Sprint, AT&T lower
1:51 PM ET
In another turbulent session, some
telecommunications stocks such as Nortel Networks Corp. shot higher, while
others like Virgin Mobile USA. Inc. fell sharply.

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Research In Motion gets bounce ahead of touch-screen launch
1:47 PM ET
Shares of Research In Motion get a boost as one analyst reports strong sales of
the BlackBerry Bold ahead of the launch of the company's first touch-screen
device later this week.

-----------------------------------------------------------------
Europe Markets: Financials pull Europe to another day of losses
12:09 PM ET
European shares declined for the fourth time in five sessions on Monday, with
banks notably lower amid more gloomy news on the global economy.

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Economic Report: Industrial output comes back part way from storms
11:00 AM ET
Output of the nation's factories, mines and utilities partially rebound in
October from September's sharp weather-related slump, the Federal Reserve
reports.

Markets Monday, 11/17/2008

Date: Mon, 17 Nov 2008 17:31:03 -0500

| Dow : 8273.58 down 223.73 | S & P : 850.75 down 22.54 |
| NASDAQ: 1482.05 down 34.80 | Bond (10Y): 3.65%, 100.75
-----------------------------------------------------------------------------

MARKETS:
Dollar down despite G20 meeting
U.S. currency slides against euro, pound, but gains against Japanese yen.

U.S. stocks close lower as global economy weighs

Date: Mon, Nov 17, 2008 at 2:01 PM

U.S. stocks close lower as global economy weighs

U.S. stocks drop, extending a two-week losing streak, as Citigroup Inc.
announces it will slash 50,000 jobs and Japan slips into a recession,
heightening investors' worries about the depth of the global slowdown.

CITIGROUP PLANS 50,000 JOB CUTS IN LATEST JOLT TO WALL STREET

In the most dramatic round of layoffs seen to date in the battered U.S.
financial sector, Citigroup says that it plans to cut about 50,000 additional
jobs as part of an effort to help stem huge losses sparked by bad investments
and lending decisions.

MARK CUBAN CHARGED WITH INSIDER TRADING

High-profile billionaire Mark Cuban is charged with insider trading by the
Securities and Exchange Commission after allegedly selling shares of an
Internet search engine based on non-public information, sparing himself about
$750,000 in losses.

RESEARCH IN MOTION GETS BOUNCE AHEAD OF TOUCH-SCREEN LAUNCH

Shares of Research In Motion get a boost as one analyst reports strong sales of
the BlackBerry Bold ahead of the launch of the company's first touch-screen
device later this week.

TOP SIX GOLDMAN SACHS EXECS FORGOING 2008 BONUSES: WSJ

Pressured by an almost-unprecedented financial meltdown and a gathering outcry
over executive pay on Main Street, Goldman Sachs reportedly will pay no bonuses
in 2008 to its top management -- a move that may set the precedent across a
troubled Wall Street. Switzerland's UBS also takes steps to reform policies on
executive pay.

Wall Street closes down after choppy session. Dow drops more than 200 points as Citi job losses and tough economy weigh on stocks.

Date: Mon, 17 Nov 2008 16:01:06 -0500

Wall Street closes down after choppy session. Dow drops more than 200
points as Citi job losses and tough economy weigh on stocks.

Citigroup plans 50,000 job cuts in latest jolt to Wall Street

Date: Mon, 17 Nov 2008 12:01:15 -0500

Citigroup plans 50,000 job cuts in latest jolt to Wall Street

TARGET SUSPENDS BUYBACK AS PROFIT DROPS 24%

Target Corp. says its fiscal third-quarter profit drops 24%, hurt by
consumers paring back on discretionary spending and failing to make
their credit card payments.

TOP SIX GOLDMAN SACHS EXECS FORGOING 2008 BONUSES: WSJ

Pressured by an almost-unprecedented financial meltdown and a
gathering outcry over executive pay on Main Street, Goldman Sachs
reportedly will pay no bonuses in 2008 to its top management -- a move
that may set the precedent across a troubled Wall Street.
Switzerland's UBS also takes steps to reform policies on
executive pay.

ECONOMIC REPORT: ECONOMISTS MORE BEARISH ON ECONOMY, NABE SURVEY SHOWS

The U.S. is in for a "prolonged" recession dragging into 2009, and
joblessness may climb to a 7.5% rate, a full percentage point higher
than the current unemployment rate, the National Association for
Business Economics says.

ECONOMIC REPORT: INDUSTRIAL OUTPUT COMES BACK PART WAY FROM STORMS

Output of the nation's factories, mines and utilities partially
rebound in. October from September's sharp weather-related slump, the
Federal Reserve reports.

Stocks fall as Wall Street reacts to bleak news. Citigroup announces 50,000 job cuts, economists predict a long recession.

Date: Mon, 17 Nov 2008 09:33:04 -0500

Stocks fall as Wall Street reacts to bleak news. Citigroup announces
50,000 job cuts, economists predict a long recession.

Retailer Target's third-quarter profit falls nearly 24%

Date: Mon, 17 Nov 2008 08:32:17 -0500

Retailer Target's third-quarter profit falls nearly 24%
8:30:18 AM EDT

Financial services giant Citigroup says it will cut more than 50,000 jobs, slashing staff to 300,000.

Date: Mon, 17 Nov 2008 08:22:03 -0500

Financial services giant Citigroup says it will cut more than 50,000
jobs, slashing staff to 300,000.

Sunday, November 16, 2008

Tokyo stocks pace Asia losses as data show Japan slides into recession

Date: Sun, 16 Nov 2008 19:46:43 -0500

Tokyo stocks pace Asia losses as data show Japan slides into recession.
7:44:42 PM EDT