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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


Seeking Alpha

Wednesday, May 28, 2008

Microsoft, Altria and Ford Lead Headlines

Despite Wednesday's durable goods orders report (-0.5%), weekly mortgage activity (lower) and same-store sales data from the International Council of Shopping Centers (+1.5% year-to-year), corporate news dominates the video below. The piece focuses on breaking events at Microsoft (Nasdaq: MSFT), Altria Group (NYSE: MO) and Ford (NYSE: F). Oh, and oil caught a couple eyes today as well...

Just as petroleum touched a one-week low, an old geopolitical fire was rekindled by new threats against Nigerian production. As a result, crude futures moved back above $131. In turn, gasoline moved ever closer to $4 at the pump, reaching $3.94 on the national average. Fred Mishkin's resignation from the Federal Reserve can't be a good thing either! If Batman was a darker figure without Robin, how's Bernanke going to handle Congress without his sidekick?



The opinions expressed within the video may not agree with the view of "The Greek." Article interests AMEX: DIA, AMEX: SPY, AMEX: DOG, AMEX: SDS, Nasdaq: QQQQ, AMEX: QLD. Please see our disclosure at the Wall Street Greek website.
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