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HUAT ARHHH!!
Dow up 95 points now!
whoa....many ppl drinking more coke recent months is it....Coke net income up by 79%...and say its sees a "good 2008"...meaning more people gonna drink Coke?
Pepsi how...
Retails sales higher than forecast....and its positive...darnz...i never expected it at all
The Dow rallies deliciously...
cheers,,,,u,,,,today railly sustain,,,,,,,finally market clear the cloud,,,,,budget on time also,,,,,,,my ces going result tomorow,,,,,,,hot cake ,,,,very hot
Great start for Uncle Sam tonight.
Hope this man of great fore-sight can help this desperate market.
At least now Berkshire Hathaway is backing these sickly bond insurers...but 1 bond insurer has already rejected the offer plan, for whatever reason.
If the plan goes smoothly, we may be able to see the market stabilizing soon.
Dow is trading at +ve 213.71
TREASURIES-Bond prices drop on Buffett's bond insurers plan
Headlines of the day for DJ.... It will help to slow down the DOW TREND and not reducing it.
Cheong Buay???
Wall Street finished higher in an uneasy session as retail & homebuilders stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries about further mortgage debt troubles.
The Dow rose 57.88, or 0.48 percent, to 12,240.01. Dow Jones & Co. said it was replacing two of the blue chip index's 30 components -- Altria Group Inc. and Honeywell International Inc. -- with Bank of America Corp. and Chevron Corp., effective Feb. 19.
In addition to rate cut expectations, Hasbro Inc. gave the market a lift, saying its fourth-quarter income soared 24 percent, thanks to a 16 percent increase in sales.
Yahoo Inc.'s board rejected a $44.6 billion takeover offer from Microsoft Corp. Yahoo said its board concluded that Microsoft's unsolicited offer "substantially undervalues" the Internet search company. Microsoft fell 35 cents to 28.21, but Yahoo rose 67 cents, to $29.87.
In other dealmaking news, The Wall Street Journal reported that Motorola Inc. and Nortel Networks are in talks to merge their wireless infrastructure businesses. If a deal happens, it would create a firm with $10 billion in annual sales. Motorola rose 31 cents, or 2.8 percent, to $11.57, and Nortel dipped 18 cents to $10.89.
Dow changes: Banks, oil more prominent on blue chip index
By Nick Godt, MarketWatch
Last update: 10:55 a.m. EST Feb. 11, 2008NEW YORK (MarketWatch) -- With Altria Group Inc. and Honeywell International Inc. booted out, the Dow Jones Industrial Average is now getting a little less industrial and a little more oriented financial and oil, with Bank of America Corp. and Chevron Corp. joining the world-famous blue-chip index.
Dow Jones Indexes said Monday that Bank of America (BAC:
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BAC 42.22, +0.06, +0.1%) and Chevron (BAC:
bank of america corporation com
bank of america corporation com
will replace Altria (MO:
altria group inc com
and Honeywell (HON:
honeywell intl inc com
in the Dow, effective with the opening of trading on Feb. 19. "The catalyst for these changes is the restructuring in progress at Altria, which will result in a much smaller and more narrowly focused company," said Marcus Brauchli, managing editor of The Wall Street Journal, in charge of overseeing the makeup of the Dow.
Dow Jones Indexes and the Wall Street Journal are owned by News Corp. (NWS:
news corp cl b
, which also owns MarketWatch, the publisher of this report. As is normally the case when making changes to its components, Dow Jones Indexes also reviewed all of its member stocks.
"In doing so, we saw that the financials industry was under-represented -- notwithstanding the current turbulence -- and that the oil and gas industry's growing importance to the world economy called for another representative to join Exxon Mobil Corp.," Brauchli said.
The changes announced Monday are the first in the 111-year-old stock index since April 8, 2004, when three stocks -- American International Group Inc., Verizon Communications Inc. and Pfizer Inc. -- were added.
Created by Charles Dow in May 1896, the Dow was originally composed of 12 stocks. Of the original companies included in the index, only General Electric Co. (GE: remains as a component. 
Nick Godt is a MarketWatch reporter based in New York.
Dow is down 43 points on open.
So tonight can take a break and have a Kit Kat...hee..hee..
Dow futures now flat.
No reports tonight. Looks like a headless chicken.
Wow, lost $5.2 trillion in the month of Jan alone.....who made then???
How will this affect the Dow next week?
Yahoo Plans to Reject $44.6 Billion Microsoft Bid, Person Says
By Ari Levy
Feb. 9 (Bloomberg) -- Yahoo! Inc., the world's second most popular Internet search engine, plans to reject Microsoft Corp.'s $44.6 billion unsolicited takeover offer, a person familiar with the situation said today.
The board decided the price is too low, and is likely to reject it Monday, said the person, who declined to be identified because the discussions aren't public. On Feb. 1, Microsoft offered $31 a share in cash and stock for Yahoo. The company wants at least $40, or $12 billion more than Microsoft offered, the Wall Street Journal reported earlier today.
Chief Executive Officer Jerry Yang, who said this week that Yahoo is examining its options, may consider a partnership with bigger rival Google Inc. or ways to wrest a higher offer from Microsoft. Yahoo's failure to crack Google's dominance in search led to eight straight profit declines and cut the stock's value in half in the two years before the offer.
``Yahoo still has one of the largest brands on the Internet,'' Bill Tancer, general manager at researcher Hitwise Pty. in San Francisco, said in an interview before the report. ``It confines Google to continue to grow their revenue from a single revenue stream, which is search.''
Yahoo spokeswoman Diana Wong said the company doesn't comment on rumors or speculation. Frank Shaw and Bill Cox, spokesmen for Redmond, Washington-based Microsoft, didn't immediately return calls.
Higher Bid
Yahoo is betting Microsoft won't take hostile measures to win the bid, the Journal said, even though the software maker has indicated that is a possibility. A person familiar with the matter said this week that Microsoft may seek to oust Yahoo board members should they reject its offer.
``Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!'s shareholders are provided with the opportunity to realize the value inherent in our proposal,'' Microsoft CEO Steven Ballmer said in a letter to Yahoo's board that was made public on Feb. 1.
Yahoo rose 16 cents to $29.20 yesterday in Nasdaq Stock Market trading and Microsoft added 44 cents to $28.56.
The offer is 62 percent more than Yahoo's stock price before the bid. The shares have climbed above the value of the cash-and- stock bid, showing shareholders expect a higher price. Microsoft plans to let investors choose cash or stock, at a ratio that will end up being about 50-50.
$34 to $37
Microsoft shares have declined since the bid, lowering the value of the stock portion and pushing the total value of the deal to about $29.08 a share. Microsoft may have to bid $34 to $37, said UBS AG's Heather Bellini, the top-ranked software analyst by Institutional Investor magazine.
Since the bid is half cash and half stock, Microsoft may fix the offer at $31 before pursuing an increase, so the value doesn't decline with its shares, she said.
Yahoo is getting financial advice from Goldman Sachs Group Inc., Lehman Brothers Holdings Inc. and Moelis & Co., according to two people familiar with the matter. Spokespeople for Goldman and Lehman declined to comment and a Moelis representative didn't immediately return a phone call.
Morgan Stanley and Blackstone Group LP are counseling Microsoft.
Google Possibility
Yang, 39, has resisted letting go of the company he co- founded in 1995 as a graduate student at Stanford University. Initially a way to help people find their favorite places on the Web, Yahoo became the most-visited U.S. Internet site by combining search, news, sports and finance in a single place.
He replaced Terry Semel as chief in June after Yahoo's share of Web searches tumbled and the company lost sales of banner ads.
Yahoo might seek help from rivals, soliciting other bids or seeking partnerships with Rupert Murdoch's News Corp. or Google to thwart Microsoft, according to analysts including Stanford Group Co.'s Clayton Moran.
The New York Times reported Feb. 4 that Google CEO Eric Schmidt contacted Yang to suggest a partnership between their companies. A partnership with Google may allow Yahoo to outsource its search service, shedding the costs of running its own search engine and sharing ad revenue with its larger rival.
Google spokesman Matt Furman declined to comment today.
Regulatory Scrutiny
While a search and advertising partnership with Google is an option, it would face stiff regulatory scrutiny, Moran said. News Corp. isn't interested in bidding for Yahoo, Murdoch said on a Feb. 4 conference call. That means Yang's options probably won't pan out, said Andrew Frank, a New York-based analyst at research firm Gartner Inc.
The U.S. Justice Department is ``interested'' in reviewing the antitrust implications of a Yahoo-Microsoft transaction, agency spokeswoman Gina Talamona said last week. Neelie Kroes, commissioner of competition for the European Commission, said her agency also would scrutinize a deal.
Google has grown faster than Microsoft in every quarter since Google's 2004 initial public offering as its search engine won more users. Even after CEO Steve Ballmer's efforts to build a new search engine from scratch, Google outsold Microsoft in Internet ads by 7-to-1 in Microsoft's latest fiscal year.
Microsoft and Yahoo combined would still fail to seize the lead in Internet search. Google, based in Mountain View, California, got 56 percent of U.S. Web queries in December, which is almost double Yahoo and Microsoft's shares together, according to New York-based Nielsen Online.
World equity markets lose $5.2 trillion in January
Emerging markets fell 12.44%, while developed markets lost 7.83%, one of the worst ever starts to a new year, S&P reports.
NEW YORK (CNNMoney.com) -- World equity markets lost $5.2 trillion in the month of January, taking back previous market gains and leaving developed markets in the red for the trailing three months, said Standard & Poor's
Emerging markets fell 12.44% in January, while developed markets lost 7.83%, according to S&P, making it one of the worst-ever starts to a new year.
"Even though the U.S. is not the only locomotive on this train, we are the largest one, and if we're having difficulty, it's a world difficulty," said Howard Silverblatt, Senior Index Analyst at Standard & Poor's.
"Whether we are in a recession or not, we're acting like we are," Silverblatt added. "When the U.S. consumer starts pulling back, it's going to affect everyone."
But world governments are doing what they can to control the situation. "Central banks have been quick to intervene with cash in fusions as well as rate reductions and we're entering more difficult times," said Silverblatt. "
While Moroccan markets gained 10.17% and Jordan's rose 3.11%, worldwide emerging equity markets posted an average loss of 12.44% in January, S&P reported.Turkey saw some of the worst market losses, down 22.70% for the month, followed by China, which was down 21.40%; Russia, down 16.12% and India, down 16%, S&P said.
INTERVIEW WITH NIKKEI DAILY
US won't use public funds to bail out banks: Paulson
AN INDICATION OF THE SCENARIO BY MR ROACH OF MORGAN STANLEY AND STEPHEN BIGGAR IN B.T INTERVIEW COMING TRUE
IMPORTANT : JUST IN - 9 Feb :
U.S. financial institutions have to realise losses and raise capital quickly to stave off a credit crunch, U.S. Treasury Secretary Henry Paulson told the Nikkei business daily.