Opening Glance: Construction and engineering down Shares of construction and engineering companies opened lower on Friday as the broader market tumbled on worries over mortgage companies Freddie Mac and Fannie Mae and sharply higher oil prices. 11 Jul 2008
582.
Out of the Gate: Wachovia shares fall on downgrade Shares of Wachovia Corp. dropped early Friday after an analyst downgraded the stock to "In Line" from "Outperform" on expectations that the nation's No. 4 bank will need to raise additional capital and further cut its dividend. 11 Jul 2008
583.
Illinois Tool buys Dow's Trymer; terms undisclosed Industrial products and equipment manufacturer Illinois Tool Works Inc. said Friday that it acquired Dow Chemical Co.'s Trymer polyisocyanurate rigid foam business. 11 Jul 2008
584.
Out of the Gate: Hercules soars on buyout offer Shares of Hercules Inc. soared Friday following news that Ashland Inc. will pay $2.6 billion in cash and stock for the chemicals company. Shares of Hercules gained $4.34, or 26.1 percent, to $21 in morning trading, while shares of Ashland declined $5.94, or 12.5 percent, to $41.47. Ashland shares hit a new year low of $39.56 earlier in the session. 11 Jul 2008
585.
Opening Glance: Rails, shippers down on record oil Shares of railroads and shippers fell Friday morning as the broader market was shaken by fears that a government bailout might be needed to save beleaguered mortgage lenders Fannie Mae and Freddie Mac. 11 Jul 2008
586.
Georgia says will down Russian jets A Georgian official warned Russia on Friday that it will have to "collect the shattered fragments" of its planes if they intrude on Georgian airspace again. 11 Jul 2008
587.
Forex and Dow Jones recommended levels EUR/USD
Today’s support: - 1.5750, 1.5727, 1.5702 and 1.5694(main), where correction is possible. Break would give 1.5683, where correction 10 Jul 2008
588.
China crackdown targets critics ahead of Olympics Lu Jun, a campaigner for the rights of millions of Chinese with hepatitis B, seems an unlikely threat to the Beijing Olympics. But the popular Web site he runs was blocked in May. This month, police detained him for four hours when he returned to China from a hepatitis conference in Los Angeles. They wanted to know what he intended to do with a large red banner he was carrying that urged the government to provide support to people with hepatitis B. 10 Jul 2008
589.
Dow Chemical agrees to buy rival Rohm and Haas Dow Chemical Co. has taken a big step into a more lucrative segment of the chemical-making business, agreeing to buy a nearly century-old competitor, Rohm and Haas Co., at a steep premium for more than $15 billion in cash. 10 Jul 2008
590.
Wall Street gains amid financial worries Wall Street stumbled through another volatile session but ended with a respectable gain Thursday after a multibillion dollar deal between Dow Chemical Co. and rival Rohm and Haas Co. helped offset concerns about the financial sector and energy costs. 10 Jul 2008
10.23%SPY 127.82 
2.77%
