The! Biggest! News! of! the! Day! - Not Bear Stearns, VeriSign, E-Trade, Lululemon Athletica, China Mobile, PPI, or Retail Sales

Here are some of the contenders for today’s biggest…news…of…the…day… A %241.2 billion write down by Bear Stearns (BSC) for subprime-related assets…The Producer Price Index which showed “Prices paid to U.S. producers rose in October at a slower pace than forecast”…The retail sales report that showed “sales in the U.S. increased at a slower pace in October as rising fuel prices and falling property values left shoppers with little extra cash to spend”…Expectations [subscription required] that VeriSign (VRSN) will announce a plan to “to divest itself of as many as 10 of its 15 business units as part of a corporate overhaul”…A look into “What a rebounding dollar may mean for investors”…Speculation that E-Trade Financial Corp…(Read More)

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Posted on November 15th, 2007 by
Filed under: Uncategorized