Stock Exchange

Monday, May 5, 2008

Hong Kong stock index drops - CNN Money

Hong Kong stock index drops - CNN Money
HONG KONG (AP) -- Hong Kong stocks dropped Monday as profit-taking offset gains by property developers. The blue chip Hang Seng index fell 57.07 points, or 0.2%, to 26,183.95, after gaining 24% over the past seven weeks. Analysts said despite the
Source: money.cnn.com

Five Oversold Stocks For Traders - Forbes
Friday's intraday reversal was in many ways exactly the opposite of the kind of intraday weakness we encourage traders to look for before buying stocks in the short term. When markets start out strong, but then fade late in the day, most traders know
Source: www.forbes.com

European Stocks Fall, U.S. Futures Drop; Asian Shares Advance - Bloomberg
May 5 (Bloomberg) -- European stocks and U.S. index futures dropped after Microsoft Corp. withdrew its bid for Yahoo! Inc. and investors speculated a two-month rally in equities may slow. Yahoo tumbled 20 percent to $22.90 after spurning a $33 a
Source: www.bloomberg.com

US STOCKS-Market falls on $120 oil. Countrywide concern - Reuters
NEW YORK, May 5 (Reuters) - U.S. stocks fell on Monday after crude oil briefly topped $120 a barrel, suggesting major headwinds for the U.S. economy, while a brokerage report questioning Bank of America's (BAC.N: Quote , Profile , Research ) buyout
Source: www.reuters.com

U.S. Stocks Retreat on M&A Concern; Yahoo, Countrywide Tumble - Bloomberg
May 5 (Bloomberg) -- U.S. stocks fell as Yahoo! Inc. slid the most in almost two years after Microsoft Corp. dropped its $50 billion bid for the company and Countrywide Financial Corp. plunged on concern its suitor will back out as well. Yahoo, the
Source: www.bloomberg.com

MARKET SNAPSHOT: U.S. Stocks Weaken As Microsoft Pulls Yahoo Offer - CNN Money
U.S. stocks declined on Monday after Microsoft Corp. dropped its $50 billion offer for Yahoo Inc. and an analyst said Bank of America Corp. should abandon its takeover of Countrywide Financial Corp. The Dow Jones Industrial Average (DJI) slid 76.04
Source: money.cnn.com

Stocks trade lower after Microsoft pulls Yahoo bid - Los Angeles Times
NEW YORK -- Wall Street pulled back Monday as investors digested Microsoft Corp.'s decision to withdraw its bid for Yahoo Inc. and oil prices again approached $120 a barrel. The Dow Jones industrial average at times fell more than 100 points
Source: www.latimes.com

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