Microsoft, Yahoo strike deal for search

Date: Wednesday, July 29, 2009

YAHOO BLOWS IT WITH MICROSOFT DEAL

Shareholders of Yahoo are clearly disappointed in the company's deal with
Microsoft, and it's hard to blame them.

BIG RESISTANCE SEEN AS S&P 500 GEARS FOR 1,000

The S&P 500's steep climb over the past two
weeks has brought the benchmark in sight of 1,000, a level it hasn't
hit since November. But stocks will likely meet stiff resistance
making that next move higher, analysts say.

CONOCO PROFIT OFF 76%, STILL TOPS $1 BILLION

ConocoPhillips second-quarter profit falls 76%, but the oil major's
bottom line still topped $1 billion as it managed to boost production
and lower costs.

UPDATES, ADVISORIES AND SURPRISES

A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.