Tuesday, July 31, 2007

Bear Stearns Shares Decline, Stock-Index Futures Fall: U.S. After-Hours

(Bloomberg) -- Bear Stearns Cos. shares declined in
extended U.S. trading after the Wall Street Journal reported that
it faces losses from a third hedge fund that has $900 million in
mortgage investments.

Shares of the New York-based company retreated $4.21, or 3.5
percent, to $117.01 as of 6:37 p.m. in New York.


Read more at Bloomberg Stocks News

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