October was a rough month for much of the hedge fund crowd, where many players underperformed the U.S. stock market and wound up with big losses.» Read More
The Dow ended marginally lower ahead of a two-day Fed meeting. What's the "Word on the Street?"
The Dow finished higher Tuesday after investor Warren Buffett offered to help out troubled bond insurers, easing some of the market's concerns about further deterioration in the credit markets. What's the word on the Street?
Building materials supplier Masco this morning is parroting the downbeat comments of home builders recently. They're down 13 percent pre-open, on an earnings report that was below expectations.
Building products maker Masco cut its 2007 earnings forecast Friday, citing weaker-than-expected housing starts.
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Masco also announced that President and Chief Operating Officer Alan Barry, 64, would like to step down in early 2008 when he reaches the company's normal retirement age, the statement added.