Here are some of the contenders for today's biggest...news...of...the...day...
- Earnings from Hewlett-Packard Co (HPQ)...
- Earnings from Home Depot Inc (HD)...
- Earnings from Saks Inc (SKS)...
- Earnings from Medtronic Inc (MDT)...
- Job cuts at Pepsi Bottling Group Inc (PBG)...
- Optimism on Itron Inc (ITRI)...
- Insider trading charges for Mark Cuban...
- Paulson's TARP plans...
- Concerns we are heading for "a second Great Depression..."
- The announcement that Corning Inc (GLW) has withdrawn its previous guidance...
- Word that Stericycle Inc (SRCL) will replace Anheuser-Busch (BUD) in the S&P 500 (SPX)...
- An argument for optimism on Yahoo Inc (YHOO) "as investors celebrate the exit of Jerry 'The Stumbling Block' Yang..."
- A warning from Pier 1 Imports Inc (PIR)...
- The termination of the proposed takeover of Alpha Natural Resources Inc (ANR) by Cliffs Natural Resources Inc (CLF)...
- Increased store traffic at Wal-Mart Stores Inc (WMT) as gas prices come down...
- An argument to raise the gas tax which "would cause economic hardship..."
- Data on wholesale prices...
While those are all stories worth watching, I think it is obviously clear that the biggest news is this set of stories -
So...we learn of police stations getting robbed (successfully), that the kangaroo might be my cousin, and that Kmart Corp. and Martha Stewart Living Omnimedia (MSO) might be involved in a conspiracy plot to eradicate the banjo. The kangaroo story is especially interesting/disturbing given the recent push to get people to eat more kangaroo.
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