Archive for August 5th, 2008


Boston Globe
Stocks Rally on Oil, Fed Signals
Wall Street Journal - 59 minutes ago
By ES BROWNING Plunging oil prices and reassuring signals from the Federal Reserve combined to spur hopes that the worst could be over for stocks, driving the Dow Jones Industrial Average on Tuesday to its sharpest one-day gain since April 1.
Video: Wall Street Extends Rally After Fed Decision AssociatedPress
US Stocks Rally Most Since April on Oil's Drop, Fed's Outlook Bloomberg
Forbes - Fort Worth Star Telegram - KCBS - Washington Times
all 1,407 news articles

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The Gazette (Montreal)
Fed Shift Indicates Main Rate Will Stay at 2% to Revive Economy
Bloomberg - 1 hour ago
By Scott Lanman Aug. 6 (Bloomberg) — Federal Reserve policy makers indicated that interest rates won't budge until next year as they wait for the credit crisis to abate and inflation to ease.
Video: Wall St. cheers Fed signal ReutersVideo
The Short View: Reaction to the Fed Financial Times
San Francisco Chronicle - CNNMoney.com - Wall Street Journal - BusinessWeek
all 1,676 news articles

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dBTechno
11 Charged in Global Theft, Sale Of 40 Million Card Numbers
Washington Post - 1 hour ago
By Simone Baribeau and Ellen Nakashima Federal prosecutors charged 11 people yesterday with the theft and sale of more than 40 million credit and debit card numbers from at least nine US retailers in what they said was one of the largest and most
Video: Feds Charge 11 in Massive Retail Hacking Case AssociatedPress
3rd UPDATE: 11 Charged With Massive Identity Theft CNNMoney.com
International Herald Tribune - MetroWest Daily News - Computerworld - BBC News
all 557 news articles

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Reuters
Freddie CEO Feels Strain Of Firm's Twin Missions
Washington Post - 1 hour ago
By Jeffrey H. Birnbaum and David S. Hilzenrath Freddie Mac chief executive Richard F. Syron, who has presided over an implosion of investor confidence in his company, said yesterday that conflicting demands on the government-chartered mortgage giant
Morgan Stanley to Advise US on Fannie and Freddie New York Times
Treasury hires Morgan Stanley as GSE adviser Reuters
CNNMoney.com - Bloomberg - MarketWatch - The Associated Press
all 437 news articles

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Revised Tally Increases ‘No’ Votes for Yahoo Directors
New York Times - 2 hours ago
By MIGUEL HELFT SAN FRANCISCO - Five Yahoo directors, including Jerry Yang, the chief executive, were re-elected to the board with much higher protest votes than previously reported, indicating strong shareholder dissatisfaction with the company’s
Weak Support For Yahoo Board Seen As Ammunition For Icahn CNNMoney.com
And the Yahoo Plot Thickens CNBC
Reuters - International Herald Tribune - Financial Times - BloggingStocks
all 518 news articles

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AFP
11 charged in connection with credit card fraud
International Herald Tribune - 52 minutes ago
AP BOSTON: Eleven people, including a US Secret Service informant, have been charged in connection with the hacking of nine major retailers and the theft and sale of more than 41 million credit and debit card numbers, the Justice Department announced
3rd UPDATE: 11 Charged With Massive Identity Theft CNNMoney.com
How secure is your card info? BBC News
Bloomberg - Washington Post - AFP
all 533 news articles

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BBC News
Weak Support For Yahoo Board Seen As Ammunition For Icahn
CNNMoney.com - 1 hour ago
SAN FRANCISCO -(Dow Jones)- A recount showing shareholder support for Yahoo Inc.'s (YHOO) top officials was significantly less than first reported could provide ammunition for investor Carl Icahn to push for change when he joins the Internet company's
Yahoo! releases new count; questions remain BloggingStocks
UPDATE 2-New Yahoo election tally reveals big protest vote Reuters
International Herald Tribune - The Associated Press - BBC News - MarketWatch
all 495 news articles

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GameSHOUT
How secure is your card info?
BBC News - 27 minutes ago
by Maggie Shiels In light of the biggest identity theft case ever prosecuted in America, the spotlight is being turned on just how secure is our credit and debit card information?
3rd UPDATE: 11 Charged With Massive Identity Theft CNNMoney.com
US Indicts 11 in Largest US Identity Theft Case (Update2) Bloomberg
The Associated Press - New York Times - Ars Technica - KGTV, 10News.com
all 496 news articles

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Converge Network Digest
Cisco Net Rises 4.4%; Sales Forecasts Meet Estimates (Update2)
Bloomberg - 1 hour ago
By Vivek Shankar Aug. 5 (Bloomberg) — Cisco Systems Inc. said profit rose 4.4 percent and gave forecasts for the next six months in line with analysts' estimates, suggesting sales are holding up even in the face of an economic slump.
2nd UPDATE: Cisco CEO Sees Economic Recovery In Early 2009 CNNMoney.com
Cisco earnings rise despite slowing economy MarketWatch