Countrywide Bonds Beat Stocks After Takeover Offer (Update2)

Countrywide Bonds Beat Stocks After Takeover Offer (Update2)
Bloomberg - Jan. 11 (Bloomberg) -- Traders looking to profit from Countrywide Financial Corp.'s takeover by Bank of America Corp. should have bet on the bonds. Countrywide's $2 billion of 5.8 percent notes due in 2012 rose 29.75 cents on the dollar to 90.75

Article Comments
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Starbucks, don't become McDonald's
Newsday - He seems serious about wanting to reclaim for Starbucks the Italian-quality coffeehouse experience - stocks plummeting 50 percent in one year can do that to a person. But I like to think, perhaps idealistically, that Schultz is in it for something

WALL ST WEEK AHEAD: Bank results may drag stocks even lower
Forbes - NEW YORK (Reuters) - U.S. stock investors could be in for further declines next week, which would worsen the markets' dismal start to 2008, as banks are due to post quarterly results that some observers expect may contain more mortgage-related

Stocks tumble; gold up amid lingering subrime concerns
Chicago Tribune - Stocks sank Friday on fresh evidence that consumers are closing their wallets and shelving their credit cards in the wake of the housing bust. The price of gold broke above the $900 an ounce mark in futures trading, in what analysts calls a flight to

News Minute: Bush talks troop withdrawal Mysterious house fire NBA
KESQ News - CAMP ARIFJAN, Kuwait (AP) - President Bush is wrapping up his stop in Kuwait with comments on the Iraq war. Bush says he hasn't made a decision yet on bringing more troops home from Iraq on top of the 30,000 already scheduled to return by this summer

U.A.E. Shares Gain, Led by Amlak, Sharjah Islamic: Gulf Stocks
Bloomberg - Jan. 13 (Bloomberg) -- United Arab Emirates shares advanced, led by Amlak Finance PJSC, the country's biggest mortgage-finance provider by market value, and Sharjah Islamic Bank. The Dubai Financial Market General Index rose 0.8 percent to 6,133 at 1

Were you money savvy in 2007?
Seattle Times - You can sell the stocks, and declare the losses on your taxes. "If you did get hit when the market was volatile, you may want to sell and take the losses," says Barry Picker, a CPA with Picker, Weinberg & Auerbach. "It may reduce your tax burden by