IPO news, acquisitions, and strong corporate profits continued to stoke excitement for IT investors this week. Worries about the U.S. housing and credit markets, however, are beginning to cast a shadow on IT sector forecasts for the rest of the year.
Treasury Secretary Hank Paulson predicts that the “current strained situation” in the markets “will take time to play out, and more difficult news will come to light. Some investors will take losses, some organizations will fail,” he says in remarks that will appear in the forthcoming issue of Fortune.
Posted: 7:55 AM- HUNTINGTON - The federal Mine Safety and Health Administration has scheduled a news conference this morning on the latest tragic events at the Crandall Canyon Mine.
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