Wednesday, February 27, 2008

Channel3000 Midday Market Report

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Today's Headlines
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European Union Fines Microsoft Record $1.3B
The European Union fined Microsoft
Corp. a record $1.3 billion on Wednesday for charging rivals too
much for software information.


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Fed Chief Keeps Close Eye On Inflation
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After 33 Years, Man Recovers Lost Wallet
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Home Index Shows Record Decline In 2007
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Starbucks Orders Grande Closure Nationwide
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Iron Worker, Wife Win $275M, Retire
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Features From Smart Money
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Grain Farmers Are Harvesting Big Bucks
While everyone else frets about the economy, grain farmers are harvesting big
bucks.
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The Benefits Of Refinancing
If you refinanced your mortgage in 2006, make sure you get all your rightful
tax breaks.
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Google Takes A Hit From Weak Paid-Click Data
Data showing web surfers bypassing the search giant's ads sparks a selloff.
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Don't Get Taken In By Sucker's Rallies
There's a sucker's rally born every minute. Don't get taken in by the latest
one.
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Credit-Card Companies Put Tighter Squeeze On Cardholders
Credit cards are deeming more consumers risky, resulting in higher rates and
lower limits.
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Traders Cheer Rate Cut Talk
Stocks climbed after Fed Chairman Ben Bernanke says 'downside risks to growth
remain.'
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Fed Chief Stresses &Apos;Downside Risks'
Federal Reserve Chairman Ben Bernanke Wednesday delivered an economic forecast
fraught with risks from housing, labor and credit markets, suggesting
policymakers remain on track to lower interest rates...
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New-Home Sales, Durables Orders Sink
New-home sales took their third tumble in a row during January, sinking to the
lowest point since early 1995. Meanwhile, durable-goods orders fell 5.3% in
January, more than economists were expecting....
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Dollar Drops To New Low Against Euro
The euro sprang to another all-time high against the dollar Wednesday in New
York after U.S. data came in weaker than expected and U.S. stock markets opened
the session lower....
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Fannie Mae Chalks Up $3.6 Billion Loss
...
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Microsoft Hit With $1.35B Fine In Europe
The European Commission Wednesday fined Microsoft Corp. \(MSFT\) a record EUR899
million, or $1.35 billion, for failing to comply with the commission's 2004
antitrust ruling....
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Autodesk Shares Slammed After Warning
Autodesk Inc. on Tuesday posted a slight fourth-quarter profit gain that fell
short of Wall Street analysts' estimates and lowered its outlook for the
current year, sending shares more than 10% lower in after-hours trading....
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Durable Goods Orders Tumble In Jan.
Demand for expensive goods tumbled during January and a barometer of capital
spending by businesses slumped, an indication the sluggish economy might be
restraining companies....
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Deal Of The Day
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3 Tips To Talk Your Way Out Of A Ticket
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3 Tips To Retire Right In A Down Market
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3 Tips On Cheap Ski Vacations
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3 Tips To Boost Your Credit Score
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3 Tips To Save $100 A Month
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Smart Money TV
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Watch SmartMoney TV -- Online!
Get video updates from today's market action, plus special features and series
to help you plan your financial agenda.

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Your Pocketbook
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Residential Airpark Living Takes Off
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Who Are The Presidential Candidates?
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Refund Loan Alternatives
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Can Creditor Garnish Bank Account?
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Buying, Renting Both Good Options Now
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Content Provided By Bankrate.com
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See These!
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+ Do Work, Religion Mix?
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+ Find The Perfect Family Car
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+ Take The Plunge In Your Own Spa
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+ Know Your Consumer Credit Rights
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+ Learn To Work On A Team
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+ Tips For Replacing Doors And Windows
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Secrets Your Travel Agent Keeps
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