Wednesday, July 1, 2009

The Buzz On Business (Modesto Bee)

DECLINE IN HOME PRICES SLOWS, DEFAULTS RISE Signs of stability in the housing market could still, more 
and Banks Falling 23% Since May Foreshadow S&P 500 Slump (Update1) (Bloomberg)  July 1 (Bloomberg) -- Declines of more than 20 percent in regional banks and homebuilders and the failure of transportation companies to erase their annual loss may be signs the rally in the Standard & Poor’s 500 Index is about to fizzle., more 

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