Friday, November 28, 2008

Markets Friday, 11/28/2008

Date: Fri, 28 Nov 2008 17:31:06 -0500

| Dow : 8829.04 up 102.43 | S & P : 896.24 up 8.56 |
| NASDAQ: 1535.57 up 3.47 | Bond (10Y): 2.92%, 107.03

MARKETS:
Dow, S&P 500 in 5-day win streak
Major indexes advance at the end of a thinly traded, post-holiday session.

Tech: Yahoo, AMD gain, though techs end mixed

Date: Fri, 28 Nov 2008 18:01:41 -0500Tech Stocks: Yahoo, AMD gain,
though techs end mixed

11/28/2008 1:28 PM ET
Shares of Yahoo and AMD rise sharply following the Thanksgiving
holiday, though technology shares close with mixed results.
-----------------------------------------------------------------
The 12 days of Christmas tech gifts that offer the best deals
11/28/2008 4:34 PM ET

The good news is that consumer-electronics companies and retailers are
also feeling the pinch. Many are offering terrific deals on an array
of high-tech devices. What's more, great prices can be found every day
on the Web, especially at respected online retailers such as Amazon
and J&R Electronics.

-----------------------------------------------------------------
'New' Clearwire formed with Google, Intel investment

11/28/2008 3:33 PM ET
The asset merger between Sprint Nextel Corp. and Clearwire Corp. aimed
at forming a cutting-edge new wireless Internet network
was closed Friday, with help from a $3.2 billion investment by Google
Inc., Intel Corp, Comcast Corp. and others.

-----------------------------------------------------------------
Wealth of free items online helps you free up cash for holidays

11/28/2008 2:01 PM ET
In uncertain economic times like these, it's comforting to know you
can still find items that are free. And one way to avoid going into
debt this holiday season is to find free items to fulfill your own
needs, thus freeing up your cash for holiday purchases.

-----------------------------------------------------------------
Stocks to Watch: Stocks in focus for Monday
11/28/2008 1:55 PM ET

Among the companies which are expected to see their shares trade
actively in Monday's session are major retailers, including Wal-Mart
and Target, as well as Qimonda, Shanda and Tata Motors.

-----------------------------------------------------------------
Retailers hope Black Friday sets tone for holiday season

11/28/2008 1:39 PM ET
Outside Minneapolis at the Mall of America, more than 5,000 shoppers
had lined up outside of the 520-store complex for free gifts and
"door-buster" specials by the time all the mall's stores opened at 6
a.m.

-----------------------------------------------------------------
Telecom Stocks: Sprint, Motorola lead in mixed session

11/28/2008 1:33 PM ET
Telecommunications stocks ended narrowly mixed in a
light trading session Friday, as a few issues such as Sprint Nextel
Corp. and Motorola Inc. stood out.

-----------------------------------------------------------------
STMicroelectronics cuts fourth-quarter revenue guidance
11/28/2008 6:02 AM ET

Microchip maker STMicroelectronics cut its fourth-quarter-revenue
guidance on Friday, citing slower billing, reduced demand and order
push-outs.

U.S. stocks rise on Black Friday to post strong weekly gains

Date: Fri, 28 Nov 2008 17:01:34 -0500

U.S. stocks rise on Black Friday to post strong weekly gains

U.S. stocks end higher, leaving the market with monthly losses but
with large gains for a holiday-shortened week that saw investors
increasingly confident that much of a dire economic outlook already
has been priced in.

RETAILERS HOPE BlACK FRIDAY SETS TONE FOR HOLIDAY SEASON

Outside Minneapolis at the Mall of America, more than 5,000 shoppers
had lined up outside of the 520-store complex for free gifts and
"door-buster" specials by the time all the mall's stores opened at 6
a.m.

TOY BUSINESS FACES APPREHENSIVE CONSUMERS

America's retailers of toys want to make this gift-giving season an
easier sell for budget-conscious parents squeezed by the deteriorating
economy.

HEDGE FUNDS: HEDGE FUNDS TRY TO HOLD BACK WAVE OF INVESTOR REDEMPTIONS

Hundreds of hedge funds will shut this year as an estimated wave of as
much as $700 billion in investor redemptions crashes over the
industry, but some managers are trying to hold back the tsunami.

ASIA MARKETS: HONG KONG EXTENDS RALLY, MUMBAI TRADING VOLATILE

Most Asian markets advance Friday, with Hong Kong and South Korean
shares taking gains into a fourth straight session, paced by banks as
investors snap up beaten-down lenders such as Industrial Bank of Korea
and HSBC Holdings.

Dow ends abbreviated session up 100 points; U.S. stocks rise 12% on week

Date: Fri, 28 Nov 2008 13:09:54 -0500

Dow ends abbreviated session up 100 points; U.S. stocks rise 12% on week
11/28/2008 1:08:00 PM EDT

U.S. stocks nearly flat on Black Friday

Date: Fri, 28 Nov 2008 12:01:18 -0500
U.S. stocks nearly flat on Black Friday

Stocks trade little changed on Black Friday, the traditional start of
the U.S. holiday shopping season, with subdued prospects for retailers
apparently already factored in by investors.

BLACK FRIDAY SETS TONE FOR HOLIDAY SHOPPING SEASON

At suburban Minneapolis' Mall of America, the biggest U.S. shopping
center, thousands line up outside of the 520-store complex for free
gifts and "door buster" specials before the mall's first full-store
opening at 6 a.m. Is that indicative of the Black Friday trend or an
abberation?

ASIA MARKETS: HONG KONG EXTENDS RALLY, MUMBAI TRADING VOLATILE

Most Asian markets advance Friday, with Hong Kong and South Korean
shares taking gains into a fourth straight session, paced by banks as
investors snap up beaten-down lenders such as Industrial Bank of Korea
and HSBC Holdings.


RESCUE EFFORTS ON AS INDIA-PAK OFFICIALS TRADE WORDS

Army commandos battle to flush out terrorists and rescue hostages in
Mumbai early Friday, while Indian newspapers claim the coordinated
attacks Wednesday night that left at least 119 people dead and 315
wounded were carried out by a terrorist group based in Pakistan.

NOV. EURO-ZONE INFLATION TUMBLES NEAR ECB TARGET

Economists say any lingering inflation worries for the euro zone were
likely put to rest Friday after preliminary data shows that consumer
prices rose at an annual rate of 2.1% in November.

Energy: Oil stocks clipped by weaker crude, end of month profit-taking

Date: 28 NOV 2008 15:48:50 GMT

Energy stocks were trading lower in Friday's abbreviated
post-Thanksgiving Day session, pressured by weaker crude-oil prices
and a bout of profit-taking that looked set to snap a four-day winning
streak.

Dow industrials turn modestly positive early Friday; S&P follows suit; tech lags

Date: Fri, 28 Nov 2008 09:40:55 -0500

Dow industrials turn modestly positive early Friday; S&P follows suit; tech lags
11/28/2008 9:39:07 AM EDT

Energy: Crude falls on speculation OPEC may delay cuts

Date: 28 NOV 2008 14:10:48 GMTSubject: Energy: Crude falls on

Crude-oil futures fall on speculation that OPEC may wait until
December to decide whether to cut oil production further.

Thursday, November 27, 2008

Tech: Market higher; UBS affirms ICL and Elbit Systems buy

Date: Thu, 27 Nov 2008 18:00:13 -0500
-----------------------------------------------------------------

Israel Stocks: Market lower; Teva settles with AstraZeneca
11/27/2008 2:36 AM ET

Israeli stocks fell on Wednesday, led by some key technology names, a
giveback in the real-estate index after a couple of strong days and a
dip in Bank Leumi shares before it reports earnings on Thursday.

Markets Thursday, 11/27/2008

Date: Thu, 27 Nov 2008 17:31:05 -0500

| Dow : 8726.61 up 247.14 | S & P : 887.68 up 30.29 |
| NASDAQ: 1532.10 up 67.37 | Bond (10Y): 2.98%, 106.50

|MARKETS:
World markets advance after U.S. rally
European and Asian markets close positive. Indian markets shuttered
after terror attack rocked Mumbai.

Former UBS executives give back bonuses as bank agrees to probe

Date: Thu, 27 Nov 2008 12:01:11 -0500
Former UBS executives give back bonuses as bank agrees to probe

Troubled Swiss banking group UBS on Thursday reveals that former
executives have repaid around 70 million Swiss francs ($59 million) of
bonuses and says it will allow an independent investigation to examine
whether any lawsuits should be filed against individuals.

EUROPE MARKETS: EUROPE SHARES MOVE HIGHER ON U.S. HOLIDAY

European shares climb on Thursday, as oil majors and banks advance on
a day when U.S. markets are closed for the Thanksgiving holiday.

ASIA MARKETS: SHANGHAI, HONG KONG, SEOUL RALLY; MUMBAI CLOSED

Asian markets ended with strong gains Thursday, paced by Shanghai- and
Hong Kong-listed shares a day after the Chinese central bank slashed
interest rates to kick-start weakening economic growth.

ONLINE RETAILERS MAY SEE HOLIDAY SLUMP

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

PANASONIC SLASHES '09 VIEW ON STRONG YEN, WEAK CONSUMER SPENDING

Panasonic Co. slashes its forecast of fiscal 2009 net income by 97%,
saying that "business conditions are deteriorating sharply."

Energy: Shares in London advance as banks, insurers gain

Date: 27 NOV 2008 09:43:21 GMT

Banks and insurance firms help the top London share index to climb on
Thursday, a day when U.S. markets are closed for a holiday.

Wednesday, November 26, 2008

Terrorist attacks in Mumbai shut Indian stock exchange

Date: Wed, 26 Nov 2008 21:52:47 -0500

Terrorist attacks in Mumbai shut Indian stock exchange
11/26/2008 9:50:45 PM EDT

Tech: Nasdaq leaps to highest close in two weeks

Date: Wed, 26 Nov 2008 18:00:06 -0500
-----------------------------------------------------------------
Tech Stocks: Nasdaq leaps to highest close in two weeks
11/26/2008 4:42 PM ET

Technology stocks followed semiconductor issues higher Wednesday,
pacing a solid market rally ahead of the Thanksgiving weekend.

-----------------------------------------------------------------
Online retailers may see holiday slump
11/26/2008 1:04 PM ET

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

-----------------------------------------------------------------
Europe Markets: Europe sees mixed finish
11/26/2008 12:38 PM ET

European shares snap a two-session winning streak on Wednesday, as
banks and. oil majors give back a portion of recent gains, although
telecom equipment maker Alcatel-Lucent and caterer Compass Group
manage to buck the lower trend.

-----------------------------------------------------------------
Telecom Stocks: BCE sinks, but other telecoms gain
11/26/2008 11:37 AM ET

BCE Inc. sank 37% after the Montreal-based phone
company's plan to go private hit a potential deal-killing snag, but
most telecommunications stocks rose in Wednesday action.

-----------------------------------------------------------------
BCE's deal to go private hits a snag
11/26/2008 9:51 AM ET

The deal to take BCE Inc. private in what would be one of the
largest-ever leveraged buyouts might not proceed as planned because it
may fail to meet a condition central to closing the transaction, the
parent of telecom carrier Bell Canada says.

-----------------------------------------------------------------
Israel Stocks: Market lower; Teva settles with AstraZeneca, agrees with Watson
11/26/2008 9:16 AM ET

Israeli stocks fall on Wednesday, led by some key technology names, a
giveback in the real-estate index after a couple of strong days and a
dip in Bank Leumi shares before it reports earnings on Thursday.

Markets Wednesday, 11/26/2008

Date: Wed, 26 Nov 2008 17:32:20 -0500

| Dow : 8726.61 up 247.14 | S & P : 887.68 up 30.29 |
|NASDAQ: 1532.10 up 67.37 | Bond (10Y): 2.98%, 106.50 |

MARKETS:
Dow's winning streak rises to 4
Stocks surge ahead of Thanksgiving as Obama news and automaker
strength boost stocks.

Tech sector paces Wall Street rally after glum economic data

Date: Wed, 26 Nov 2008 17:01:40 -0500

Tech sector paces Wall Street rally after glum economic data

Stocks rally, marking the market's fourth session of gains in a row,
as investors focused on deals in the battered technology sector
following gloomy economic data and downcast corporate reports by Deere
and Tiffany.

SCORES ARE KILLED IN MUMBAI IN COORDINATED ATTACKS

A series of coordinated bomb and gun attacks on Wednesday night in
Mumbai, India's financial capital, have claimed dozens of lives while
sowing chaos and confusion.

ONLINE RETAILERS MAY SEE HOLIDAY SLUMP

Online retailers are likely to feel the pressure of the slowing
economy, with sales for the core holiday-shopping season expected to
remain flat with last year.

CHINA SLASHES RATES TO KICK-START SLOWING ECONOMY

The People's Bank of China Wednesday slashes its lending and borrowing
rates by more than 1%, in addition to cutting banks' reserve
requirements sharply, to deliver its strongest response yet to a
recent slowdown in the mainland's economic growth.

EUROPEAN UNION PROPOSES $260 BILLION STIMULUS

The European Union proposes a 200 billion euro ($260 billion) effort
that would see member states coordinate attempts to provide a fiscal
jolt to the region's stagnating and shrinking economies.

Dow's rally extends to 4th day, with blue-chip measure up 244 points at the close; Nasdaq up 4.5%, S&P gains 3.4%.

Date: Wed, 26 Nov 2008 16:01:05 -0500

Dow's rally extends to 4th day, with blue-chip measure up 244 points
at the close; Nasdaq up 4.5%, S&P gains 3.4%.

Oil settles $3.67 higher at $54.44 a barrel as new talk of Chinese demand spurs investors.

Date: Wed, 26 Nov 2008 14:48:03 -0500

Oil settles $3.67 higher at $54.44 a barrel as new talk of Chinese
demand spurs investors.

Breaking News Wed., November 26, 2008

Date: Wed, 26 Nov 2008 11:23:11 -0800 (PST)

Mother in MySpace Cyber-Bullying Case Convicted on Three Misdemeanor
Charges [2:12 p.m. ET]

Attacks in Mumbai, India leave at least 25 dead

Date: Wed, 26 Nov 2008 13:58:14 -0500

Attacks in Mumbai, India leave at least 25 dead
11/26/2008 1:56:12 PM EDT

Obama names former Fed Chief Paul Volker to chair the U.S. Economic Recovery Advisory Board.

Date: Wed, 26 Nov 2008 10:42:03 -0500

Obama names former Fed Chief Paul Volker to chair the U.S. Economic
Recovery Advisory Board.

Energy: Oil shares open lower but mount rebound amid bearish supply data

Date: 26 NOV 2008 17:14:59 GMT

Energy stocks tip lower after another set of weak bearish oil supply
data, but a rally was in the works at midday.

Stocks try to shrug off earlier declines

Date: Wed, 26 Nov 2008 12:01:23 -0500

Stocks try to shrug off earlier declines

U.S. stocks on Wednesday try to brush off early declines, pulling
mildly higher as President-elect Barack Obama details plans for an
economic advisory board.

RETAILERS PULL OUT ALL STOPS TO STIR BLACK FRIDAY BUYING

Retailers are making a historic Black Friday push, laying bets that
aggressive discounting and other incentives will set a more upbeat
tone than expected for the holiday shopping season.


ECONOMIC REPORT: OCTOBER DURABLE ORDERS DOWN 6.2%, TRANSPORTATION ORDERS FALL

Orders for U.S.-made durable goods fall 6.2% in October, the largest
decline in two years, the Commerce Department estimated, as orders for
transportation goods fell 11.1%.

CHINA SLASHES RATES TO KICK-START SLOWING ECONOMY

The People's Bank of China Wednesday slashes its lending and borrowing
rates by more than 1%, in addition to cutting banks' reserve
requirements sharply, to deliver its strongest response yet to a
recent slowdown in the mainland's economic growth.

EUROPEAN UNION PROPOSES $260 BILLION STIMULUS

The European Union proposes a 200 billion euro ($260 billion) effort
that would see member states coordinate attempts to provide a fiscal
jolt to the region's stagnating and shrinking economies.

October new home sales tumbled more than expected to 433,000 - their lowest level in nearly 18 years. Prices also fell.

Date: Wed, 26 Nov 2008 10:05:06 -0500

October new home sales tumbled more than expected to 433,000 - their
lowest level in nearly 18 years. Prices also fell.

Stocks skid at the open as a spate of bleak economic reports threaten the Dow's three-day rally.

Date: Wed, 26 Nov 2008 09:32:05 -0500

Stocks skid at the open as a spate of bleak economic reports threaten
the Dow's three-day rally.

U.S. orders for durable goods plunge 6.2% in October on transportation

Date: Wed, 26 Nov 2008 08:38:06 -0500

U.S. orders for durable goods plunge 6.2% in October on transportation
11/26/2008 8:36:09 AM EDT

Energy: Oil gains on China rate cuts, EU stimulus plan

Date: 26 NOV 2008 13:21:07 GMT

Oil futures buoyed by China's decision to cut interest rates and the
European Union's proposal of a $260 billion stimulus plan.

Initial jobless claims down 14,000 to 529,000 in the latest week; personal spending down 1% in October.

Date: Wed, 26 Nov 2008 08:32:19 -0500

Initial jobless claims down 14,000 to 529,000 in the latest week;
personal spending down 1% in October.

Breaking News Wed., November 26, 2008

Date: Wed, 26 Nov 2008 05:58:58 -0800 (PST)

Consumer Spending Falls 1 Percent in October in Largest Drop Since
Sept. 11 Attacks [8:46 a.m. ET]

Tuesday, November 25, 2008

Energy: Young Americans are the key to economy's -- and Obama's -- future

Date: 26 NOV 2008 04:15:00 GMT

Americans in their late teens and 20s offer President-elect Barack
Obama an extraordinary chance to capitalize on a demographic golden
goose.

Tech: H-P, Cisco pressure tech sector

Date: Tue, 25 Nov 2008 18:00:09 -0500

Tech Stocks: H-P, Cisco pressure tech sector
11/25/2008 4:19 PM ET

Technology stocks remain in the red as gains in the broader market are
offset by a sell-off in shares of Hewlett-Packard Co.

-----------------------------------------------------------------
Tech Stocks: Broad market surge as Qualcomm, Apple, IBM pace sector
11/24/2008 8:32 PM ET

U.S. technology stocks closed sharply higher amid a broad market
upswing as investors cheered the announcement of a massive plan to
prevent a collapse of Citigroup.

-----------------------------------------------------------------
Rumors of a Microsoft cell phone swirl again
11/25/2008 5:36 PM ET

Speculation has revived that Microsoft Corp. may yet release a branded
cell phone, in a move that would draw the software giant into further
competition with rivals Apple Inc., Research In Motion Ltd. and Google
Inc.

-----------------------------------------------------------------
TiVo swings to profit, thanks to EchoStar benefit
11/25/2008 5:04 PM ET

TiVo Inc. swings to a profit in its fiscal third quarter, thanks to
damages received from EchoStar Communications as a result of patent
litigation.

-----------------------------------------------------------------
Cisco to close offices in last week of December
11/25/2008 3:35 PM ET

Cisco Systems Inc. reportedly plans to shut down its U.S. and Canadian
operations for the last week of December as part of a larger move to
reduce costs by as much as $1 billion over the next year.

-----------------------------------------------------------------
H-P shares hit on worries that forecast may be too optimistic
11/25/2008 12:43 PM ET

Shares fall after the high-tech giant maintains a relatively strong
outlook, which have some analysts questioning whether expectations may
be too high for
the company during the global economic meltdown.

-----------------------------------------------------------------
Telecom Stocks: Smaller phone stocks leads telecoms
11/25/2008 10:26 AM ET

Most telecommunications stocks on Tuesday rose for the third straight
trading session, but gains were not as sharp. Smaller phone companies
such as Embarq Corp. were the biggest gainers.

-----------------------------------------------------------------
Israel Stocks: Market vaults after Bank of Israel rate cut
11/25/2008 10:23 AM ET

Israel stocks leaped on Tuesday, as several of the country's key
companies reported earnings, the Treasury unveiled a plan to support
the capital markets, and the Bank of Israel cut its benchmark interest
rate half a percentage point
to a historic low of 2.5%.

Markets Tuesday, 11/25/2008

Date: Tue, 25 Nov 2008 17:31:03 -0500

| Dow : 8479.47 up 36.08 | S & P : 857.39 up 5.58 |
|NASDAQ: 1464.73 down 7.29 | Bond (10Y): 3.10%, 105.53 |

MARKETS:
Dow makes it 3-for-3
Blue-chip indicator rises again, but Nasdaq loses steam. New
government lending plan and weak economy are in focus.

U.S. stocks mostly extend three-day stretch of gains


Date: Tue, Nov 25, 2008 at 2:01 PM

U.S. stocks mostly extend three-day stretch of gains

U.S. stocks turn again -- this time mostly higher -- as financials and consumer
discretionary shares gain in the wake of the government's latest move to help
revive the ailing economy.

FED UNVEILS $800 BILLION PLAN TO BOLSTER LENDING, HOUSING

With financial markets still not working smoothly two months after almost
shutting down, the Federal Reserve unveils further steps aimed at lowering
borrowing costs for consumers and home buyers.

ECONOMIC REPORT: HOME PRICES OFF RECORD 17.4% IN PAST YEAR, CASE-SHILLER SAYS

Home prices in 20 major U.S. cities drop by 1.8% in September from the prior
month and by a record 17.4% on a year-over-year basis, according to the
Case-Shiller data compiled by Standard & Poor's.

METALS STOCKS: GOLD GIVES UP GAINS ON FALLING CRUDE, STOCK MARKETS

Gold futures give up earlier gains and move lower, as crude-oil prices tumble
and as U.S. equity markets erase gains.

BHP BILLITON SCRAPS $66 BILLION RIO TINTO BID

BHP Billiton on Tuesday scrapped its roughly $66 billion hostile bid for mining
rival Rio Tinto, saying the deal is no longer in the best interests of
shareholders after the global economic downturn led to a slump in commodity
prices.


Dow extends winning streak to 3 days with 38-point gain at close; Nasdaq ends lower, S&P up.


Date: Tue, Nov 25, 2008 at 1:01 PM

Dow extends winning streak to 3 days with 38-point gain at close; Nasdaq ends lower, S&P up.

Obama nominates congressional budget chief Orszag as director of Office of Management and Budget.

Date: Tue, 25 Nov 2008 11:54:05 -0500

Obama nominates congressional budget chief Orszag as director of
Office of Management and Budget.

U.S. stocks shift course lower as energy and tech weigh

Date: Tue, 25 Nov 2008 12:01:09 -0500
U.S. stocks shift course lower as energy and tech weigh

U.S. stocks tilt lower, erasing an earlier advance, as energy and
technology shares drag down the overall market, offsetting cheer over
the government's plan to help revive the economy.

FED TO BOLSTER CONSUMER LENDING TO THE TUNE OF UP TO $800 BILLION

In a further bid to stimulate lending, the Federal Reserve and the
Treasury announce new steps to lower borrowing costs for consumers and
home buyers, to the tune of up to $800 billion.

ECONOMIC REPORT: HOME PRICES OFF RECORD 17.4% IN PAST YEAR, CASE-SHILLER SAYS

Home prices in 20 major U.S. cities drop by 1.8% in September from the
prior month and by a record 17.4% on a year-over-year basis, according
to the Case-Shiller data compiled by Standard & Poor's.

METALS STOCKS: GOLD GIVES UP GAINS ON FALLING CRUDE, STOCK MARKETS

Gold futures give up earlier gains and move lower, as crude-oil prices
tumble and as U.S. equity markets erase gains.

BHP BILLITON SCRAPS $66 BILLION RIO TINTO BID

BHP Billiton on Tuesday scrapped its roughly $66 billion hostile bid
for mining rival Rio Tinto, saying the deal is no longer in the best
interests of shareholders after the global economic downturn led to a
slump in commodity prices.

Fed, Treasury unveil massive program to boost consumer loans.

Date: Tue, 25 Nov 2008 08:21:05 -0500

Fed, Treasury unveil massive program to boost consumer loans.

FDIC says 171 banks were on its “problem list” at the end of September, most since 1995 and up from 117 in June.

Date: Tue, 25 Nov 2008 10:01:03 -0500

FDIC says 171 banks were on its "problem list" at the end of
September, most since 1995 and up from 117 in June.

Consumer confidence rises in November although economic concerns persist.

Date: Tue, 25 Nov 2008 10:05:05 -0500

Consumer confidence rises in November although economic concerns persist.

S&P 500, Dow industrials pace gains at Tuesday's open; Nasdaq lags

Date: Tue, 25 Nov 2008 09:40:13 -0500

S&P 500, Dow industrials pace gains at Tuesday's open; Nasdaq lags
11/25/2008 9:38:20 AM EDT

Fed to buy $600B in mortgage-related debt, Treasury to pump $20B in TARP funds to boost consumer credit.

Date: Tue, 25 Nov 2008 08:26:04 -0500

Fed to buy $600B in mortgage-related debt, Treasury to pump $20B in
TARP funds to boost consumer credit.

Stocks jump at the open as Wall Street welcomes news of more government bailout help to boost consumer lending.

Date: Tue, 25 Nov 2008 09:34:03 -0500

Stocks jump at the open as Wall Street welcomes news of more
government bailout help to boost consumer lending.

Home prices decline 16.6 percent, record year-over-year pace, according to Case-Shiller national survey.

Date: Tue, 25 Nov 2008 09:02:08 -0500

Home prices decline 16.6 percent, record year-over-year pace,
according to Case-Shiller national survey.

Monday, November 24, 2008

Broad market surge as Qualcomm, Apple, IBM pace sector

Date: Mon, 24 Nov 2008 18:00:09 -0500

Tech Stocks: Broad market surge as Qualcomm, Apple, IBM pace sector
11/24/2008 4:15 PM ET
U.S. technology stocks closed sharply higher amid a broad market
upswing as investors cheered the announcement of a massive plan to
prevent a collapse of Citigroup.

-----------------------------------------------------------------
Big Apple, Microsoft names back stock-picking site
11/24/2008 5:52 PM ET

Apple co-founder Mike Markkula and Microsoft executive Mike McCue are
backing an Internet start-up designed to let stock-market investors
trade on the collective wisdom of its users.

-----------------------------------------------------------------
Hewlett-Packard confirms earnings, backs outlook
11/24/2008 5:12 PM ET

Hewlett-Packard Co. posts fiscal fourth-quarter financial results in
line with the technology giant's previous estimates. Net earnings slip
as sales rise 19%.

-----------------------------------------------------------------
Online black market valued at nearly $300 million
11/24/2008 1:56 PM ET

The underground Internet economy in fraud-related services and stolen
goods is growing into 'an efficient, global marketplace,' a new report
says.

-----------------------------------------------------------------
Telecom Stocks: Big and small telecoms rally sharply
11/24/2008 10:55 AM ET

The telecommunications sector advanced sharply along
with the rest of the U.S. market after the federal government moved to
shore up Citibank and President-Elect Barack Obama announced plans to
stimulate the economy once he takes office.

-----------------------------------------------------------------
Israel Stocks: Market recoups; banking sector cut at Merrill
11/24/2008 9:23 AM ET

Israel stocks rebounded in light of strength in U.S. futures and a U.S.
government bailout of Citigroup.

-----------------------------------------------------------------
Israel Stocks: Market tumbles 6%, benchmark near four-year low
11/23/2008 2:48 PM ET

Israel stocks, unmoved by Friday's rally on Wall Street, plummet more
than 6%, nearing a four-year low.

-----------------------------------------------------------------
DSP's CEO to take leave, chair campaign effort of Israel's Likud
11/23/2008 4:46 AM ET

DSP Group Inc.'s chairman and chief executive said he would take a
leave of absence as CEO so he can lead the campaign committee of
Israel's Likud Party for the Feb. 10 parliamentary election.

-----------------------------------------------------------------
Polysilicon prices tumble on glut, solar's hit from credit crisis
11/22/2008 1:21 PM ET

Prices of polysilicon, already pressured by a coming supply glut, are
tumbling fast as the credit crisis drives down demand for the solar
panels that are the biggest users of the raw material.

Markets Monday, 11/24/2008

Date: Mon, 24 Nov 2008 17:31:04 -0500

| Dow : 8443.39 up 396.97 | S & P : 851.81 up 51.78 |
|NASDAQ: 1472.02 up 87.67 | Bond (10Y): 3.32%, 103.56 |

MARKETS:
Dow's biggest 2-day run since '87
Citigroup rescue and Obama economic team picks propel stocks. Dow sees
its biggest two-session point gain ever and biggest two-session
percentage gain in 21 years.

stocks end solidly higher on Citi rescue, Obama team

Date: Mon, 24 Nov 2008 17:01:38 -0500

U.S. stocks rally for a second consecutive day after the government
agreed to rescue Citigroup and as President-elect Barack Obama
directed his new economic team to get to work.

OBAMA: WORK BEGINS 'TODAY' ON RECOVERY PLAN

Obama stresses the need for quick action to hasten an economic
recovery, introducing his administration's top advisers and signaling
he may be willing to stave off higher taxes for the wealthy.

CITIGROUP SOARS AS U.S. AGREES TO SWEEPING RESCUE PACKAGE

Washington's latest Hail Mary attempt to support a battered banking
system lifts Citigroup shares more than 50%, and draws kudos from
those who see the effort as setting a new industry framework, as well
as brickbats from those who sense desperation in the move.

FUTURES MOVERS: CRUDE SURGES 9.2%, THE MOST IN NEARLY THREE WEEKS

Crude-oil futures surge more than 9%, reclaiming the $50-a-barrel
mark, as a weak dollar and stronger stocks push commodities broadly
higher.

OBAMA TO AUTOMAKERS: COME PREPARED NEXT TIME

President-elect Barack Obama reiterates his stance that the government
needs to extend a financial lifeline to the sinking U.S. auto
industry, but he urged executives to map out a more detailed route to
viability.

Dow soars over 500 points as rally accelerates in final 10 minutes as investors cheer Citi rescue, Obama economic team picks.

Date: Mon, 24 Nov 2008 15:52:03 -0500

Dow soars over 500 points as rally accelerates in final 10 minutes as
investors cheer Citi rescue, Obama economic team picks.

Dow leaps more than 400 points, as Wall Street applauds Citi's big rescue package and Obama's picks for his economic team.

Date: Mon, 24 Nov 2008 15:29:03 -0500

Dow leaps more than 400 points, as Wall Street applauds Citi's big
rescue package and Obama's picks for his economic team.

Pan-European Stoxx 600 posts biggest one-day gain ever; FTSE 100 rise is 20-year best

Date: Mon, 24 Nov 2008 12:10:14 -0500

Pan-European Stoxx 600 posts biggest one-day gain ever; FTSE 100 rise
is 20-year best
|12:08:21 PM EDT

Obama unveils economic team: Timothy Geithner named Treasury secretary, Larry Summers named director of National Economic Council.

Date: Mon, 24 Nov 2008 12:05:06 -0500

Obama unveils economic team: Timothy Geithner named Treasury
secretary, Larry Summers named director of National Economic Council.

U.S. stocks get big boost from Citi rescue

Date: Mon, 24 Nov 2008 12:01:15 -0500

U.S. stock sharply higher higher, extending the prior session's solid
gains, with bank shares in particular bolstered by word of Citigroup's
11th-hour rescue by the government.

CITIGROUP SOARS AS U.S. AGREES TO SWEEPING RESCUE PACKAGE

Citigroup shares rocket higher after federal officials back a $326
billion rescue in a plan aimed at averting chaos in the financial
system.


FINANCIAL STOCKS: UNCLE SAM'S CITI LIFELINE SPARKS RALLY

Citigroup shares jump more than 60%, rallying after the banking giant
rescue agreement reached late Sunday with federal officials, as
investors bid financial-sector shares broadly higher.

OBAMA TO UNVEIL ECONOMIC TEAM MONDAY

President-elect Barack Obama will unveil key members of his
economic-policy team on Monday, making the high-profile announcements
on the heels of the extension of a government lifeline to financial
titan Citigroup.

KING TO BUY ALPHARMA FOR $1.6 BILLION

King Pharmaceuticals Inc. on Monday said Alpharma Inc. has accepted
its revised offer to be acquired in an all-cash deal valued at $1.6
billion.

Dow surges 300 points higher a day after the government's Citigroup rescue.

Date: Mon, 24 Nov 2008 10:40:08 -0500

Dow surges 300 points higher a day after the government's Citigroup rescue.

Energy: Drilling firms lead gains in sector

Date: 24 NOV 2008 15:21:23 GMT

Energy stocks rose with the broad market in early action on Monday as
investors in oil, natural gas and drilling firms took heart with the
historic bailout of Citi.

U.S. existing-home sales fall; median price at lowest level since 2004

Date: Mon, 24 Nov 2008 10:03:55 -0500

U.S. existing-home sales fall; median price at lowest level since 2004
11/24/2008 10:02:06 AM EDT

Energy: Stocks in Europe climb after Street bounce, paced by oil firms

Date: 24 NOV 2008 09:05:42 GMT

European shares staged a bit of a rebound on Monday, led by oil
producers, as investors on the Continent had their first opportunity
to react to the news of a new Treasury Secretary and the U.S.
government rescue of Citigroup.

Stocks jump at the open as Wall Street welcomes news of a Citigroup rescue.

Date: Mon, 24 Nov 2008 09:32:08 -0500

Stocks jump at the open as Wall Street welcomes news of a Citigroup rescue.

Sunday, November 23, 2008

The federal government said Sunday it would provide some loss protection for Citigroup assets and invest an additional $20 billion.

Date: Sun, 23 Nov 2008 23:48:03 -0500

The federal government said Sunday it would provide some loss
protection for Citigroup assets and invest an additional $20 billion.