U.S. home values down record 18.2% in past year

Date: Tue, 27 Jan 2009 12:01:16 -0500

U.S. home values down record 18.2% in past year

Home values in 20 major U.S. cities fell a record 18.2% in the 12
months ending in November, Standard & Poor's reports.

FUTURES MOVERS: OIL SLUMPS 5% AS DATA FAN ECONOMIC WORRIES

Oil futures fall below $44 a barrel, pressured by ongoing concerns
over slowing energy demand.

SIEMENS NET DROPS 81% AFTER LAST YEAR'S ASSET SALE

German conglomerate Siemens on Tuesday reports an 81% drop in fiscal.
first-quarter profit after last year's sale of its automotive
electronics arm, but by other measures records a solid quarter behind
strong growth at its energy division.

DUPONT SWINGS TO $629 MILLION QUARTERLY LOSS, CUTS OUTLOOK

DuPont cut its 2009 outlook as the chemicals giant reports a
fourth-quarter loss, results highlighting declines in construction,
motor-vehicle sales and consumer spending.

SENATE CONFIRMS GEITHNER AS TREASURY SECRETARY

Obama's economic team is now complete, even as it moves to grapple
with ways to tackle economic woes on multiple fronts, from a worsening
recession to failing banks to the millions of U.S. homeowners facing
foreclosure.