Wednesday, February 27, 2008

Mashup: Credit Crunch Trumps All; MSFT-YHOO, IBM, SI

Concerns about Google's paid click decline and Apple's iPod sales took a backseat early Tuesday the fate of monoline bond insurers as the 'credit crunch' remains topic A among traders. An early rise in futures reversed after PPI was much stronger than expected, reviving concerns about stagflation.
Meanwhile, the lack of evident progress in the Yahoo! bid is leading to speculation about Microsoft's alternatives, including one scenario that won't bring smiles in Sunnyvale. Plus, IBM's new z10 mainframe and Siemens' telco-equipment layoffs. ©Yahoo

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