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June 29, 2007

Bulls check out

The stock rally faded Friday afternoon as crude prices gained nearly $1 and trading thinned ahead of the weekend before July 4.

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Stocks flat as Microsoft offsets M&A, Wal-Mart

NEW YORK (Reuters) -U.S. stocks were little changed on Monday, as Microsoft Corp. shares fell and weighed on major indexes, offsetting positive news of fresh merger and acquisition activity, and strong sales from Wal-Mart Stores Inc. .

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Chinese stocks soar as investors shrug off warnings

The Chinese benchmark CSI 300 index rose above 4,000 for the first time as new investors ignore warnings of a bubble to enter a market that has doubled this year.

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All Martha, All the Time

Expect to see Stewart's namesake outfit launching a slew of projects. But even though the stock has soared, analysts expect no "miracle cure" for red ink

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