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IBD's Top 10 - Thursday
(Investor's Business Daily)
Investor's Business Daily - 1 AIG's 18% dive on its big Q2 loss rattled the sector, which got worse after Moody's said it might cut American Express' debt ratings. The Dow sank 1.9%, the S&P 500 1.8%, the Nasdaq 1%. Volume rose on the NYSE but fell on the Nasdaq. Retail stocks fell on July sales. The 10-year Treasury yield fell 12 ticks to 3.92%.
Yahoo - August 7 - 2008

Banks renew plea for expanded short sale rule
(Reuters)
Reuters - A banking group has renewed its plea
to the Securities and Exchange Commission to broaden a rule
aimed at curbing abusive short selling and market manipulation.
Yahoo - August 7 - 2008

Citigroup to buy back 7.5 bln dlrs of tainted securities
(AFP)
AFP - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.
Yahoo - August 7 - 2008

Stocks head for mixed open ahead of jobs report
(AP)
AP - Wall Street headed for a mixed open Thursday as investors awaited government readings on unemployment and consumer credit.
Yahoo - August 7 - 2008

Futures point to mixed Wall St open; AIG falls
(Reuters)
Reuters - (Reuters) Futures for the Dow Jones industrial average, the
Nasdaq 100 and the S&P 500 share indexes were mixed on
Thursday, ranging from down 0.3 percent to up 0.1 percent. The
indicative Dow Jones index (.DJII) was down 0.3 percent.
Yahoo - August 7 - 2008

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