Thursday, October 25, 2007
When will housing hit bottom?
DJIA
13,671
-3.33
S&P
1,514
-1.48
NASDAQ
2,750
-23.90
10Yr
4.35%
+0.021
When will housing hit bottom?
WASHINGTON
The housing market is just getting worse. Home resales tumbled 8% in
September to the lowest levels in this decade, prompting the obvious
question: When will it all end?
WellCare plunges after raid by state, federal agents
CHICAGO
Shares of WellCare Health Plans were hurting Thursday, losing as much as
70% after scores of federal and state agents raided the health insurer's
Florida headquarters.
Motorola's profit drops sharply as handset sales fall
WASHINGTON
Motorola Inc., the world's third-largest maker of mobile phones, on
Thursday posted a sharp drop in its quarterly profit, but the company
cut expenses and saw some improvement in its ailing handset business.
Comcast shares decline amid growth concerns
CHICAGO
Comcast Corp. shares fell sharply Thursday following the company's
report of third-quarter results that indicated slowing subscriber
growth.
