Friday, January 04, 2008
And Now, On To New Hampshire
January 4, 2008
Clinton Team Retools Strategy In N.H.
Hillary Rodham Clinton plans to target what her campaign calls Barack
Obama's inexperience over the next five days in New Hampshire and
deliver much sharper attacks against the Iowa winner, the Politico
reports.
-------------------
And Now, On To New Hampshire
Democrat Barack Obama and Republican Mike Huckabee headed into the
Granite State on Friday as Iowa's presidential champions, one hoping to
ride history's trend and the other eager to break it. Neither can expect
it to be easy.
Recession fears hammer stocks with the Nasdaq marking its worst day in more than a year. Dow tanks 260 points.
Recession fears hammer stocks with the Nasdaq marking its worst day in
more than a year. Dow tanks 260 points.
U.S. stocks drop as jobs data point to economic trouble
U.S. stocks drop as jobs data point to economic trouble
NEW YORK
U.S. stocks on Friday sank after the government reported the jobless
rate jumped up to 5% in December, signaling broader troubles for the
economy.
Economic Report: Jobless rate jumps to 5% as payroll growth stalls
WASHINGTON
The nation's unemployment rate shot up to 5% in December as job growth
stalled, a sign that the labor market is stressed as the U.S. economic
slump spreads.
Huckabee, Obama win first-in-nation Iowa caucuses
WASHINGTON
Former Arkansas Gov. Mike Huckabee and Illinois Sen. Barack Obama won
upset victories in Iowa's Republican and Democratic caucuses on Thursday
night, sealing important wins in the first bout in the 2008 presidential
election.
Tokyo stocks plunge during first session of 2008
HONG KONG
Japanese shares started the first day of trading in the New Year by
plunging to a 17-month low in a shortened half-day session that export
saw stocks pressured by concerns over the stronger yen and fears of a
slowing U.S. economy.
Federal Reserve announces it will lend up to $60 billion this month to banks in continuing effort to ease credit crunch.
Federal Reserve announces it will lend up to $60 billion this month to
banks in continuing effort to ease credit crunch.
U.S. payrolls up an anemic 18,000 in December, unemployment rises to 5%.
U.S. payrolls up an anemic 18,000 in December, unemployment rises to
5%.
Huckabee, Obama Win Iowa Caucuses
Huckabee, Obama Win Iowa Caucuses
Sen. Barack Obams swept to victory in the Iowa caucuses over a
high-powered Democratic field. Mike Huckabee rode a wave of support from
evangelical Christians to win the opening round among Republicans in the
2008 campaign for the White House.
Thursday, January 03, 2008
AP: Huckabee, Obama win Iowa caucuses
DES MOINES - Barack Obama has won the Iowa Democratic caucuses and Mike
Huckabee has won the GOP race, the Associated Press estimated Thursday
night.
News Alert! Barack Obama has won the Iowa Democratic caucus.
Barack Obama has won the Iowa Democratic caucus.
News Alert! Obama Won In Iowa
Barack Obama has won the Iowa Democratic caucus.
News Alert! Iowa Caucuses Begin; Tight Race For Dems
Hillary Clinton and Barack Obama are battling for the lead in the Iowa
Democratic caucuses, according to entrance polls.
Huckabee wins GOP Iowa Caucuses
BREAKING NEWS
Report: Huckabee wins GOP Iowa Caucuses
The AP reports that Mike Huckabee has won the Republican caucuses in
Iowa.
Toyota overtakes Ford as No. 2 automaker
January 3, 2008
Toyota overtakes Ford as No. 2 automaker
Toyota Motor Corp. overtook Ford Motor Co. to become the No. 2 automaker
by U.S. sales in 2007, using new products and relentless strategy to
break Ford's 75-year lock on the position.
At Iowa Caucuses, Politics Really Is Local
At Iowa Caucuses, Politics Really Is Local
For all the hype about the Iowa caucuses, there are ultimately a small
number of votes up for grabs, reports Brian Montopoli. And the campaigns
are willing to do everything from shoveling snow to babysitting to get
as many as they can.
Wednesday, January 02, 2008
Market Briefing Newsletter for Wednesday, 01/2/2008
| Dow : 13043.96 down 220.86
| S & P : 1447.16 down 21.20
| NASDAQ: 2609.63 down 42.65
| Bond (10Y): 3.90%, 102.75
MARKETS:
Stocks tank on recession fears
Wall Street starts 2008 on a down note after weak manufacturing report
and surging oil prices unnerve investors.
Dow tallies biggest first-session-of-year point drop ever
Dow tallies biggest first-session-of-year point drop ever
U.S. stocks on Wednesday started off 2008 with a whimper instead of a
bang as escalating commodity prices and a gauge of manufacturing
activity fueled worries about the economy, propelling the Dow to its
steepest start-of-a-year point drop ever.
Futures Movers: Crude hits $100 a barrel on supply concerns, Nigeria
violence
Crude-oil futures hit the $100 mark Wednesday and closed up nearly $4 on
expectations that U.S. crude inventories fell for a seventh consecutive
week and on concerns that violence in Nigeria may cut output from
Africa's biggest oil producer.
Marshall Loeb: The candidates are better than you might think
NEW YORK
As election year 2008 begins at last and voters in Iowa and New
Hampshire let us know their preferences, many people throughout the
nation are asking an irksome question: Why, in a nation so rich and
varied as ours, can we not come up with a more exciting list of
candidates for the presidency than the mediocre bunch we appear to be
stuck with?
The Fed: Dec. rate cut had little opposition in FOMC
WASHINGTON
With Federal Reserve officials surprised by the weakening of the credit
markets and the economy, and worried that things could get even worse,
nearly all members of the Federal Open Market Committee backed the
quarter percentage-point cut in the federal funds rate at the Dec. 11
meeting, according to a summary of the meeting released Wednesday by the
Fed.
Auto makers seen posting worst sales year since 1998
Major auto makers on Thursday will close their books on what is expected
to be the worst year of car sales in almost a decade, as buyers were too
busy dealing with ballooning gas prices and persistent housing woes to
flock to showrooms.
Wall Street walloped on first trading day of '08 as $100 oil and recession fears send Dow, Nasdaq, S&P more than 1% lower.
Wall Street walloped on first trading day of '08 as $100 oil and
recession fears send Dow, Nasdaq, S&P more than 1% lower.
Federal Reserve sees economy as 'unusually uncertain' and consumer spending slowing, minutes from last meeting show.
Federal Reserve sees economy as 'unusually uncertain' and consumer
spending slowing, minutes from last meeting show.
News Alert! AG Mukasey To Open Criminal Probe Of CIA Tapes Destruction
Attorney General Michael Mukasey will announce that the Justice
Department has opened a full-scale criminal investigation into the
destruction of the CIA interrogation videotapes.
Breaking News: Oil hits $100 a barrel
NEW YORK - Oil prices hit a record $100 a barrel Wednesday on supply
concerns sparked by renewed violence in Nigeria and a warning that OPEC
may not be able to meet global oil demand by 2024.
Dow industrials down 200 points as oil surges and worries about economy intensify
BULLETIN »
Dow industrials down 200 points as oil surges and worries about economy
intensify
1/2/2008 12:32:51 PM
Pakistan Elections Delayed Until February
January 2, 2008
Pakistan Elections Delayed Until February
Pakistan elections will be delayed until February 18 following the
turmoil sparked by Benazir Bhutto's assassination, last month, an
election official said.
Oil - up 60% in the past year - passes $100 a barrel for first time on concerns about inventories and Nigerian supplies.
Oil - up 60% in the past year - passes $100 a barrel for first time on
concerns about inventories and Nigerian supplies.
Independents May Boost Obama In Iowa
Independents May Boost Obama In Iowa
Significant support for Barack Obama from independents has put rival
Democratic campaigns on edge, challenging the traditional model of the
state's caucuses as a low-turnout exercise dominated by partisan
insiders, the Washington Post reports.
U.S. stocks retreat as manufacturing index shows first pullback in activity in nearly a year.
U.S. stocks retreat as manufacturing index shows first pullback in
activity in nearly a year.
---------------------------------
BULLETIN :
U.S. construction spending rises slightly; economists had predicted a
decline
1/2/2008 10:03:54 AM
U.S. manufacturing index tumbles - first indication of decline in almost
a year.
Date: Wed, 2 Jan 2008 10:02:49 -0500
Kenya Teeters On Brink Of Civil War
Breaking News
Kenya Teeters On Brink Of Civil War
Post-election violence in Kenya has pushed the African bastion of
democracy to the edge of ethnically-motivated civil war. At least 275
people have been killed, including dozens, many children, burned alive
while seeking refuge in a church.
Tuesday, January 01, 2008
Kenyan Mob Burns Church, Killing Up To 50
January 1, 2008
Kenyan Mob Burns Church, Killing Up To 50
A mob torched a church sheltering hundreds of Kenyans fleeing election
violence on Tuesday, killing about 50 people as the convulsion of
bloodshed continued after the disputed vote that gave the president a
second term.
U.S. Diplomat Killed In Sudan Attack
January 1, 2008
U.S. Diplomat Killed In Sudan Attack
A U.S. diplomat shot in Khartoum died of injuries sustained in the
attack, which also killed the official's Sudanese driver, the U.S.
Embassy said. Officials say the diplomat was shot five times and
underwent surgery.
January 1, 2008
U.S. Diplomat Killed In Sudan Attack
A U.S. diplomat shot in Khartoum died of injuries sustained in the
attack, which also killed the official's Sudanese driver, the U.S.
Embassy said. Officials say the diplomat was shot five times and
underwent surgery.
World Welcomes 2008
World Welcomes 2008
Fireworks have flashed and people have hugged and danced to celebrate
the arrival of 2008 in cities across the globe.
Breaking News: Bhutto planned to expose vote-rig scheme, aide says
ISLAMABAD, Pakistan (AP); On the day she was killed, opposition leader
Benazir Bhutto planned to give two U.S. lawmakers a dossier accusing the
ruling regime and Pakistan's intelligence service of rigging upcoming
elections, an aide said Tuesday.
Forum:
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Monday, December 31, 2007
Markets Monday, 12/31/2007
| Dow : 13264.82 down 101.05
| S & P : 1468.36 down 10.13
| NASDAQ: 2652.28 down 22.18
| Bond (10Y): 4.03%, 101.75
MARKETS:
2007: A winning year on Wall Street
However, major indexes stumble on the last trading day of year.
Stocks under pressure but still on track to post yearly gains
Stocks under pressure but still on track to post yearly gains
U.S. stocks dropped Monday on the final trading day of 2007, with the
market finding only short-term comfort from a report that existing-home
sales modestly improved in November.
Economic Report: Existing-home sales rise modestly in November
Offering a rare hint of stability, sales of U.S. existing homes rose
0.4% in November to a seasonally adjusted annualized rate of 5 million,
the National Association of Realtors reported Monday.
Merrill reportedly seeking more capital from foreign investors
BOSTON
Merrill Lynch & Co. was in talks this weekend with Chinese and Middle
Eastern sovereign wealth funds to raise more capital in a bid to stave
off liquidity concerns following massive credit losses, British
newspaper The Observer reported.
Delta Petroleum climbs as Kerkorian takes 35% stake
Delta Petroleum Corp. announced Monday that billionaire Kirk
Kerkorian's private investment firm Tracinda Corp. is taking a 35%
stake in the Denver-based natural gas company, providing a major
infusion of cash that will allow it to step up its exploration drilling
and perhaps boost reserves through acquisitions.
Google looks to increase ad space with newspapers
Google shares edged below the $700 mark Monday as investors sussed out a
report that the Internet giant is exploring a method of selling
newspapers' advertising space online.
Stocks fall on last day of '07 but end the year higher with the Nasdaq up 11%, the Dow 7%, and the S&P 4% .
Stocks fall on last day of '07 but end the year higher with the Nasdaq
up 11%, the Dow 7%, and the S&P 4% .
Obama Counting On The Web For Turnout
Barack Obama has built an Election Day operation that combines an
apparent edge in technology with the tried-and-true grunt work of a
traditional Iowa campaign, the Washington Post reports.
Pakistan Elections Likely To Be Delayed
December 31, 2007
Pakistan Elections Likely To Be Delayed
The Pakistani elections scheduled for Jan. 8 will likely be delayed by
at least four weeks, as the government's account of opposition leader
Benazir Bhutto's murder draws more criticism.
December 31, 2007
Pakistan Elections Likely To Be Delayed
The Pakistani elections scheduled for Jan. 8 will likely be delayed by
at least four weeks, as the government's account of opposition leader
Benazir Bhutto's murder draws more criticism.
HAPPY NEW YEAR!
