Monday, November 19, 2007
Nov. home builders index steady at record low
DJIA
12,958
-218.35
S&P
1,433
-25.47
NASDAQ
2,593
-43.86
10Yr
4.08%
-0.071
Nov. home builders index steady at record low
WASHINGTON
U.S. home builders remain pessimistic in November and are beginning to
blame the news media for their woes.
The Ratings Game: Goldman says sell Citigroup amid credit woes
NEW YORK
Goldman Sachs analyst William Tanona on Monday recommended that clients
sell Citigroup shares, because the bank's financial problems are likely
to grow, and spread beyond current write downs for subprime mortgage
losses and into its consumer business like credit cards and retail
banking.
Xerox regains some of its past glory thanks to color
NEW YORK
Xerox Corp. regained more of its past glory Monday after it announced
its first dividend in six years along with a robust outlook, because of
higher demand for its color-copier equipment and services.
Amazon seeks spark with new Kindle e-book device
SAN FRANCISCO
Amazon.com introduced a new portable reading device Monday that the
online retail giant hopes will finally spark demand for electronic
books.
