Friday, September 26, 2008

They are doing just fine !



The DOW Today at 2:20 PM or 1420 military time (click here) show strength in the Telecommunication Sector.


Market Summary
At 2:18 PM ET: Although the broad indexes are mixed, most stocks are lower in trading today on the NYSE as declining issues outpace advancing issues by 3.2 to 1. The S.&P. 500 is down 0.47%. Among individual stocks, the top percentage losers in the S.&P. 500 are Washington Mutual Inc. and Wachovia Corporation




...J.P. Morgan said it is acquiring "Washington Mutual's banks (click here), not the holding company." Being left on behind are the assets and liabilities of Washington Mutual Inc., the holding company which includes unsecured senior debt, subordinated debt and preferred of Washington Mutual's banks. The unsecured debt amounts to roughly $20 billion....