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Wednesday, April 23, 2008

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TODAY'S TOP 5
Video 1 1. Ambac's Q1 Pounding

Video 2 2. Stop Trading, Listen to Cramer!

Video 3 3. Clinton's Cash Boost

Video 4 4. Ryder CEO on Earnings

Video 5 5. Murdoch Takes on the FCC

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Clinton/Obama Debate: No "Game Changer" As Fight Continues

Hillary Clinton had a very strong debate last night. Barack Obama did not. Those (Obama allies) criticizing the performance of ABC moderators Charlie Gibson and George Stephanopoulos are wrong in my view. Click here to read more.

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FORD EARNINGS: Ford reports before the bell and investors hope the release continues to drive the automaker's rebound over the past month. Phil LeBeau has the news and a First-on-CNBC interview with Ford CEO Alan Mulally.

PFIZER SHAREHOLDER MEETING: It's been bumpy business lately for pharma giant Pfizer, with profits down 18% as sales continue to fall and the stock trading near an 11-year low. Lipitor sales are down, smoking drug sales are down, late-stage skin cancer drug scrapped, abandoned inhalable insulin at a cost of $3 billion. Reportedly, some big investors are starting to itch for CEO Kindler to bring the profit-stream of yore, or move on. Mike Huckman is live at the annual meeting among the restless shareholders.

NEW HOME SALES: The Commerce Department releases New Home Sales data at 10a ET. Rick Santelli breaks the data and Diana Olick offers analysis. Existing Home Sales fell 2% in this week's data release. Will New Home Sales have the same fate, or feel a surprise bump to the upside?

FARMING FOR PROFITS: There's trouble on the farm-front with rising food prices and people hoarding basic food staples. According to recent polls, most Americans fear rising food costs. Jane Wells is live on a farm in Iowa harvesting the headlines.

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