Ambac Report Sends Stocks Higher

Courtesy Newsvine - business  Fri, 02/22/2008 - 05:55

Wall Street staged a dramatic turnaround Friday, shooting higher in the last half-hour of trading after word that a bailout plan for troubled bond insurer Ambac Financial could be announced next week.

The major indexes were narrowly mixed following a week of choppy trading.


 

More related items

Stocks Turn Positive After Ambac Report
Wall Street staged a dramatic turnaround Friday, shooting higher in the last half-hour of trading after word that a bailout plan for troubled bond...

Ambac rescue revives stocks
"There's probably some validity to the rumors" Wall Street staged a dramatic turnaround Friday, shooting higher in the last half-hour of trading...

Many Line Up for Cash, but Bailout Plan Falters
More than a month after the government began a financial rescue of Wall Street, many of the nation’s financial arteries seem as clogged as they...

Candidates off on oil by $350 billion ... or so
It's an attention-grabbing claim: Americans each year are sending $700 billion to unfriendly countries for oil, as much as the entire cost of the...

Canon Glossy 8 1/2 x 11 Inch Photo Paper 100 Sheets (0775B024)
Canon has poured all the Know How of its extraordinary history of developing innovative office machines into each of its copiers, printers, and...

Magna Cart Personal Hand Truck
Easy-to-Use and Versatile Luggage/Utility Cart. Folds Down to only 2" Wide and 25" Tall! Great for Planes, Trains and Automobiles! Made of 22 x 1.8mm...

Olympus VN3100 Digital Voice Recorder
The pocket-sized recorder Olympus VN-3100 is sleek in style and powerful in performance with nearly 72 hours of continuous recording capability. The...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com