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Sector rises with broader market on economic news
By Benjamin Pimentel, MarketWatch
Last Update: 8/28/2008 9:54:00 AM
SAN FRANCISCO (MarketWatch) - Technology stocks stepped decisively into positive
territory early Thursday morning, boosted by positive economic news that also
pushed the broader market higher.
The Dow Jones Industrial Average (DJIA) was up 75 points in the opening minutes
of trading after the Commerce [...]

NEW YORK (Dow Jones)–”OK Computer”: It’s the name of a notable 1997 Radiohead
album, and would also be an apt title for quantitative hedge funds’ performance
since their near-collapse last August.
While quants are outperforming the overall stock market year to date, their
returns are in the red. Still, compared to early last August, when margin calls
forced many big-name [...]

WASHINGTON (AP) — U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
Data from the U.S. Office of Thrift Supervision released Wednesday show federally-insured savings and loan institutions posted their second-largest quarterly loss ever in the April-June period, after the $8.8 [...]

Gold Reserve: Proposal Is Inadequate
Last Update: 8/27/2008 2:29:42 PM
(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)
August 27, 2008 14:29 ET (18:29 GMT)

Fannie, Freddie trade higher
Markets focus on GSEs’ fate and bank stocks; FDIC may tap Treasury funds
By John Spence, MarketWatch
Last Update: 8/27/2008 10:41:00 AM
BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac stretched their
recent rally Wednesday as investors continued to debate the future of the
mortgage-finance giants and the prospects of a government bailout.
Fannie (FNM) and [...]