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IBD's Top 10 - Friday
(Investor's Business Daily)
[Fri, 16 May 2008 22:58:48 GMT]
Investor's Business Daily - 1 June crude rose $2.17 to $126.29 after hitting $127.82 on Goldman Sachs' forecast that prices will average $141 in the 2nd half. China may up imports of diesel, squeezing already tight global supplies of distillates. The U.S. will stop adding to petroleum stockpiles, bowing to heavy pressure from Congress. Retail gasoline prices neared $3.78 a gallon.
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Stocks pare losses to finish mixed after oil spikes
(AP)
[Fri, 16 May 2008 22:00:19 GMT]
 AP - Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction.
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Wall St ends flat as energy gains offset sentiment
(Reuters)
[Fri, 16 May 2008 20:49:15 GMT]
Reuters - Stocks finished little changed on
Friday as surging oil prices lifted energy shares and offset
data that showed consumer confidence sank to its lowest in 28
years.
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Stock futures up ahead of home construction data
(AP)
[Fri, 16 May 2008 12:33:24 GMT]
AP - Wall Street headed for a modestly higher open Friday as investors watched oil prices hit a new record high and awaited data on new home construction last month.
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Berkshire holds no Ameriprise shares: SEC filing
(Reuters)
[Thu, 15 May 2008 21:20:42 GMT]
 Reuters - Berkshire Hathaway Inc (BRKa.N),
billionaire Warren Buffett's investment company, no longer held
any Ameriprise Financial Inc stock as of March 31,
according to a U.S. regulatory filing on Thursday.
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European stocks mixed amid earnings news
(AFP)
[Thu, 15 May 2008 11:02:05 GMT]
 AFP - Europe's main stock markets diverged on Thursday as companies published mixed earnings news, and after share-price gains in Tokyo and overnight on Wall Street, dealers said.
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SEC charges Broadcom co-founders in options probe
(AP)
[Thu, 15 May 2008 09:14:39 GMT]
AP - Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry T. Nicholas III and Henry Samueli with falsifying the company's reported income, leading to what is believed to be the largest accounting restatement yet because of backdating stock options.
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ING set to launch Taiwan mutual fund in South Korea
(Reuters)
[Thu, 15 May 2008 08:13:59 GMT]
Reuters - Dutch financial services group ING Groep
will launch next week South Korea's first mutual fund
investing solely in Taiwan stocks on hopes that ties between
China and Taiwan will improve and that the technology cycle is
bottoming out, an executive said.
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