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Friday, July 18, 2008

CNBC.com's News Now: Beverly Hills 9021-Oil

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CNBC News Now
DOW 11496.57 alt 49.91 +0.44%
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NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC Plus
s Friday, Jul. 18, 2008

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TODAY'S TOP 5
Video 1 1. CDARS: FDIC Insurance Up To $50 Million

Video 2 2. Oil Crisis

Video 3 3. Curbing Short Sellers

Video 4 4. Beverly Hills 9021-Oil

Video 5 5. Merrill & Citi Set Market Tone

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Freddie's Fix Means Higher Mortgage Rates?

Moves to save Freddie Mac certainly seem to make sense on the surface. But as Diana blogs, efforts to raise cash for the troubled company could have major consequences for homeowners... Click here to read more.

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VIDEO OF THE WEEK

Ackman's Plan for Fannie: Insight on the benefits of his plans will have for the U.S. financial system and markets, with William Ackman, Pershing Square Capital Management

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Tune In to CNBC Tomorrow!

PHARMAPALOOZA: Schering-Plough and Merck report quarterly earnings before-the-bell on Monday. Mike Huckman follows the news and numbers.

APPLE EARNINGS: While all the talk revolves around the second generation iPhone, it will be the old iPhone, iPods and Macs that will drive second quarter earnings for Apple. Will they beat big, as they have a habit of doing? Jim Goldman reports.

TRAILER PARKS OF TOMORROW: Warren Buffett believes in the trailer park. Berkshire Hathaway owns Clayton Homes, a manufactured housing company. These firms were hit hard during the housing boom as people traded up. Now some of those people are in a world of hurt and may go back to the mobile home. Jane Wells talks to the CEO of publicly traded Cavco, another mobile home maker. His company is trying to pitch itself in new ways: 1) Green--uses fewer resources and they're even building a home completely powered by solar, and 2) A "lifestyle" as these homes are grouped in high-end communities. This ain't your father's trailer park.

BATMAN AT THE BOX OFFICE: Julia Boorstin looks at the box office tally the Dark Knight racked up, after signs that it could test the best-debuting films of all-time. By Friday, it was virtually sold out coast-to-coast through Monday. Will it mean big bucks for Time Warner?

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