Friday, July 13, 2007

Most U.S. Stocks Slip as Retail Sales Fall, Import Prices Advance in June

(Bloomberg) -- Most U.S. stocks fell after
government reports showed a bigger-than-expected drop in retail
sales and higher import prices last month.

Procter & Gamble Co., Cisco Systems Inc. and Hewlett-
Packard Co. led declines. RadioShack Corp. posted the steepest
retreat in the Standard & Poor's 500 Index after Banc of
America downgraded shares of the third-largest U.S. electronics
chain.


Read more at Bloomberg Stocks News

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