The Stock Help

Stocks End 2007 on a Down Note
BusinessWeek - 23 hours ago
Even with the last-day retreat, major indexes posted gains for the year. Data on existing home sales provided rare good news for the housing market by Ben Steverman Major indexes fell on the last day of 2007, but stocks still posted their fifth …
For financial companies, 2007 was a topsy turvy year International Herald Tribune
2008 outlook: Fasten your seatbelts CNNMoney.com
Detroit Free Press - Chicago Tribune - WZZM - Newsday
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31 Dec

China: Baidu Shares Fall on Executive’s Death – New York Times

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The Money Times

China: Baidu Shares Fall on Executive’s Death
New York Times - 1 hour ago
By BLOOMBERG NEWS Shares of Baidu.com, owner of China’s most popular Internet search site, fell after the death of its chief financial officer, Shawn Wang.
UPDATE 1-RESEARCH ALERT-JPMorgan sees little impact on Baidu Reuters
Baidu.com CFO Wang's death not expected to hurt operations: broker MarketWatch
CNET News.com - BusinessWeek - Motley Fool - AFP
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31 Dec

Stock Exchanges Are in Talks to Buy Stake in Taiwan Board – New York Times

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Stock Exchanges Are in Talks to Buy Stake in Taiwan Board
New York Times - 41 minutes ago
By BLOOMBERG NEWS The chairman of the Taiwan Stock Exchange Corporation, Wu Rong-I, said that the exchange, Asia’s seventh-biggest equities market, planned to sell a stake of as much as 25 percent of itself to overseas bourses.
Taiwan Exchange Plans to Sell Up to 25% of Itself (Update6) Bloomberg
Taiwan bourse plans IPO, seeks foreign investors MarketWatch
CNNMoney.com - Trading Markets (press release) - Financial News Online US
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31 Dec

Transmeridian to Be Acquired – New York Times

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Transmeridian to Be Acquired
New York Times - 41 minutes ago
By BLOOMBERG NEWS"> By BLOOMBERG NEWS Transmeridian Exploration Inc., the Houston oil company with production in Kazakhstan, agreed on Monday to be acquired and taken private by a company formed by its chief executive, Lorrie T. Olivier.
Transmeridian agrees to tender offer BusinessWeek
Transmeridian Agrees to Deal Valued at About $450 Million Wall Street Journal
Reuters - Bizjournals.com - CNNMoney.com - Trading Markets (press release)
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31 Dec

Travelers to Pay $6 Million, Ending Inquiry on Brokers’ Fees – New York Times

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Salem-News.Com

Travelers to Pay $6 Million, Ending Inquiry on Brokers’ Fees
New York Times - 41 minutes ago
By BLOOMBERG NEWS Travelers Companies, the commercial insurer, reached an agreement with attorneys general from several states to pay $6 million to resolve an investigation into fees it paid to brokers.
Travelers settles over broker payments BusinessWeek
Travelers Cos. class action suit settled Bizjournals.com
Pioneer Press - KTVZ - Reuters - WLNS
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31 Dec

Buffett May Not Testify in General Re Case – New York Times

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Buffett May Not Testify in General Re Case
New York Times - 18 hours ago
By BLOOMBERG NEWS The billionaire Warren E. Buffett, who is on the prosecution witness list in the criminal trial of Ronald E. Ferguson, former chief executive of General Reinsurance Corporation, may not be called to testify, the government said in …
Buffett May Not Be Called in General Re Trial, Government Says Bloomberg
Execs on trial in AIG case point finger at Buffet The Journal News / Lohud.com
Conde Nast Portfolio
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31 Dec

Existing home sales edge up from record low – Reuters

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KIDK

Existing home sales edge up from record low
Reuters - 43 minutes ago
By Emily Kaiser WASHINGTON (Reuters) – The pace of existing US home sales edged up in November from a record low, according to a report on Monday that offered some tentative signs of stabilization in the still-ailing housing market.
Existing-Home Sales Edged Up In November, but Prices Fell Wall Street Journal
Sector Snap: Homebuilders edge up BusinessWeek
TheStreet.com - Chicago Tribune - Chicago Sun-Times - Forbes
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31 Dec

Many of Md. Tax Increases Will Go Into Effect Today – Washington Post

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Many of Md. Tax Increases Will Go Into Effect Today
Washington Post - 1 hour ago
By Philip Rucker Maryland will begin implementing the largest tax increase in state history today, when increases in the tobacco, vehicle titling and corporate income taxes and sweeping changes to personal income tax rates go into effect.
State to defend new tax rates Baltimore Sun
Maryland seeks to bar legislative-lawsuit testimony Washington Times
Examiner.com - Delmarva Daily Times - Daily Record (subscription)
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31 Dec