Wall Street Strategies

Charles Payne's Market Commentary
Preparing for the Next Leg Up
5/13/2008 - The market came out of the gate trading in a mixed fashion this morning but by early afternoon the indices were trading solidly in the red. Much of the reason for the decline has to do with the fact that a major brokerage firm cut the investment rating on the financials. The reason being given is th...
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USATODAY.com Money - Top Stories

Yahoo shares jump on reports Icahn may try to oust board Tue, 13 May 2008 21:52:35 GMT
Billionaire investor Carl Icahn reportedly is snapping up Yahoo stock in preparation for a possible attempt to replace the Internet ...
IAC, Liberty resolve spinoff legal skirmish Tue, 13 May 2008 21:45:49 GMT
IAC/InterActiveCorp and Liberty Media say they resolved a legal skirmish regarding IAC's plans to break into several parts.
FBI warns of escalating mortgage fraud Tue, 13 May 2008 21:29:46 GMT
The sinking housing market is fertile ground for mortgage fraud, the FBI warns in a new report. The agency said Tuesday that ...
Stocks mixed after retail sales, rising oil prices Tue, 13 May 2008 20:54:54 GMT
Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors ...
Iran report pushes oil to record, gas jumps above $3.73 Tue, 13 May 2008 19:45:04 GMT
Oil prices shot to a record near $127 a barrel Tuesday on concerns that Iran may consider cutting crude oil production. Gas prices ...
Hewlett-Packard will buy EDS for $13.9B Tue, 13 May 2008 19:49:22 GMT
Hewlett-Packard said Tuesday that it will buy consulting firm Electronic Data Systems for $13.9 billion an acquisition that ...



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