Breaking News | Real-time commentary on the market, with links to key sources.

Sunday, September 7 2008
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  • 10:02 AM Treasury Secretary Paulson has scheduled the Fannie / Freddie bailout press conference for 11 a.m. EDT.
  • 9:24 AM Canada (ETF: EWC) will go to the polls - again - on Oct. 14.
  • 8:46 AM 395 firms have lowered their Q3 earnings forecasts, while only 150 have raised them. Estimated Q3 earnings growth for all S&P 500 companies is 0.8% - which may sound anemic, but would be the first net growth quarter since Q2 2007.
  • 7:45 AM Discover (DFS) may not be as flashy as some of its competitors, but conservative credit policies and a recent spate of deal-making have Barron's thinking this may be one tortoise worth betting on.
  • 7:27 AM Barron's says Cognizant (CTSH) has been unfairly punished along with its clients, making its shares ultra-cheap.
  • 6:30 AM In case you're wondering about the government's expected takeover of Fannie (FNM) Freddie (FRE): Why now?